Document:

<PAGE>
EXHIBIT 10.2

                               AGREEMENT OF LEASE

                            DATED AS OF APRIL L 1999

                                 BY AND BETWEEN

                                REYNOLDS N, L.P.

                                    LANDLORD

                                      AND

                               SKYCOM CORPORATION

                                     TENANT

<PAGE>

                                ~LE OF CONTENTS
                                ---------------

SECTION 1.     COMMENCEMENT OF TERM...........................1
SECTION 2.     USE............................................1
SECTION 3.     RENT.........................................
SECTION 4.     LEASEHOLD IMPROVEMENTS.......................
SECTION 5.     SERVICES.....................................
SECTION 6.     WAIVER OF CERTAIN CLAIMS.......................7
SECTION 7.     INSURANCE.............................~......
SECTION 8.     HOLDING OVER.................................
SECTION 9.     ASSIGNMENT AND SUBLETTING....................
SECTION 10.    CONDITION OF PREMISES.........................11
SECTION 11.    USE OF PREMISES...............................12
SECTION 12.    REP AIRS......................................17
SECTION 13.    DESTRUCTION OF PREMISES.......................17
SECTION 14.    CONDEL'F1NA TION..............................18
SECTION 15.    CERTAIN RIGHTS RESERVED TO LANDLORD...........19
SECTION 16.    LANDLORD'S REMEDIES...........................19
SECTION 17.    LA TE CHARGE.................................
SECTION 18.    SUBORDINATION OF LEASE........................22
SECTION 19.    NOTICES AND CONSENTS.........................
SECTION 20.    NO ESTATE IN LAND............................
SECTION 21.    INV ALIDITY OF P ARTICULAR PROVISIONS.........23
SECTION 22.    W AIVER OF TRIAL BY JURY......................2
SECTION 23.    MISCELLANEOUS T AXES.........................
SECTION 24.    BROKERAGE....................................
SECTION 25.    FORCE MAJEURE................................
SECTION 26.    REPETITIVE DEF AUL TS........................
SECTION 27.    DIRECTORY AND SIGNAGE........................
SECTION 28.    SPECIAL STIPULATIONS.........................
SECTION 29.    QUIET ENJOYMENT..............................
SECTION 30.    ESTOPPEL CERTIFICATE BY TENANT................26
SECTION 31.    SECURITY DEPOSIT.............................
SECTION 32.    RENEWAL OPTION...............................
SECTION 33.    FINANCIAL STATEMENTS.........................
SECTION 34.    RECYCLING PROGRAM............................
SECTION 35.    ENTIRE AGREEMENT.............................
SECTION 36.    AUTHORITY....................................
SECTION 37.    EXIBITS......................................

EXHIBIT " A "  OUTLINE OF PREMISES

                                       i
<PAGE>

                               AGREEMENT OF LEASE
                               ------------------

                  THIS AGREEMENT OF LEASE, dated as of April 9 1999, is entered
into by and between REYNOLDS II, L.P ., a limited partnership organized under
the laws of the State of New York having an office at 210 Reynolds Arcade
Building, Rochester, New York 14614 (the "Landlord"), and SKYCOM CORPORATON, a
New York corporation with an office at 14 Franklin Street, Rochester, New York
14604 (the "Tenant").

                                  WITNESSETH:

                   Landlord hereby leases unto Tenant and Tenant hereby accepts
from Landlord, that certain space consisting of 7,500 square feet (the "Total
Rentable Area") comprising the entire twenty-first (21 st) floor (the
"Premises") of the building (the "Building") located at 26 East Main Street,
Rochester, New York, with the non-exclusive right to use the subdivided lot (the
"Lot") on which the Building is located and the non-exclusive right to use the
areas of the Building designated by Landlord from time to time as common and
public space (such common space collectively referred to as the "Common Areas"),
for the term, the rent, and subject to the conditions and covenants hereinafter
provided. The Premises are more particularly shown on the Floor Plan attached
hereto as Exhibit " A." The Building, and the Lot, and all other improvements
thereon will sometimes be collectively referred to herein as the "Property".
Landlord and Tenant hereby stipulate that the rentable area of the Premises
shall be deemed to be 7,500 square feet for all purposes under this Lease.

1. COMMENCEMENT OF TERM

                  DATE OF COMMENCEMENT. The term of this Lease shall commence on
the date on which Landlord has substantially completed with respect to the
Premises all of the Landlord Work (as defined in Section 4 below), subject only
to punchlist items (the "Commencement Date"). The term as so commenced shall be
for a term of five (5) years and five (5) months and shall end at midnight on
the date that marks the end of five (5) years and five (5) months from the
Commencement Date; provided, however, that if the Commencement Date is not the
first day of a calendar month, then the term shall end on the last day of the
calendar month which makes the end of five (5) years and five (5) months from
the Commencement Date. Notwithstanding the foregoing, Landlord and Tenant agree
that if Tenant takes possession of the Premises prior to Landlord's substantial
completion of Landlord Work, for any purpose other than preparing the Premises
for occupancy by Tenant, then the term of this Lease shall commence on the date
Tenant takes such possession of the Premises.

2. USE

                  The Premises shall be occupied and used by Tenant solely for
general office and/or professional business purposes. {50667:}

                                       1
<PAGE>

3. RENT

                  (a) BASE RENT. Tenant shall pay to Landlord as base or fixed
rent (the "Base Rent"), in U.S. legal tender, at Landlord's offices at 210
Reynolds Arcade Building, Rochester, New York 14614, or as otherwise directed
from time to time by Landlord's written notice, the annual sum, subject to
increases pursuant to Section 3( d) below, of SEVENTY -FIVE THOUSAND and 00/lOO
DOLLARS ($75,000.00), such Base Rent to be paid in equal monthly payments of SIX
THOUSAND TWO HUNDRED FIFTY and 00/lOO DOLLARS ($6,250.00) each promptly on the
first day of every calendar month of the term of this Lease and any extension
period hereof, if this Lease is extended, and pro rata, in advance, for any
partial month, without demand, the same being hereby waived, and without any
set-off or deduction whatsoever. A late charge will be due and owing at the rate
prescribed in Section 17 of this Lease upon any Base Rent and Additional Rent
(below defined) not paid by the fifth (5th) day of the calendar month in which
due.
                  (b) RENT DEPOSIT. Concurrently with Tenant's execution of this
Lease, Tenant shall pay to Landlord an amount equal to one ( 1) monthly
installment of Base Rent, which amount shall be credited to the first monthly
installment of the Base Rent due and payable hereunder.

                  (c) RENT ABATEMENT. Provided that Tenant has not defaulted
hereunder, Landlord agrees to provide Tenant an abatement of the Base Rent due
for the initial five (5) months of the initial term of this Lease.

                  (d) INCREASES IN BASE RENT. The Base Rent shall be upwardly
adjusted beginning on the first day of the second "Lease Year" (below defined)
and continuing on the first day of each Lease Year thereafter in accordance with
the following schedule:

                      Annual                    Monthly
LEASE YEAR           BASE RENT                  BASE RENT
----------           ---- ----                  ---- ----
1                   $ 75,000.00                 $ 6,250.00
2                   $ 92,449.96                 $ 7,708.33
3                   $122,499.96                 $10,208.33
4                   $140,000.09                 $11,666.67
5                   $150,000.00                 $12,500.00

                  As used herein, the term "Lease Year" shall mean each
consecutive full twelve month period during the term of this Lease provided that
if the Commencement Date does not fall on the first day of a month then the
first Lease Year shall include the period from the Commencement Date to the end
of the month in which the Commencement Date occurs, plus the next ensuing twelve
(12) full calendar months. The second Lease Year shall begin on the first
anniversary date of the Commencement Date, or on the first anniversary of the
first day of the first month after the Commencement Date if the Commencement
Date does not fall on the first day of a month, and so on throughout the term of
this Lease.

                                       2
<PAGE>

                  (e) REAL PROPERTY TAXES. Tenant shall pay to Landlord each
year, as Additional Rent, a sum equal to the amount by which the real estate
taxes and other assessments (collectively the "Real Property Taxes" as below
defined) allocable to and levied against the Premises during such year exceed
the Real Property Taxes for calendar year 1999 for County Taxes and fiscal year
1999/2000 for School Taxes. The amount so allocable to and levied against the
Premises will be the sum obtained by multiplying Tenant's "Pro Rata Share"
(below defined) by the Real Property Taxes levied against the Building and Lot.

                  For purposes of this Lease, Real Property Taxes shall be
defined as follows: (i) All real estate taxes, including but not limited to
town, county and school taxes payable (adjusted after protest or litigation, if
any) for any part of the term of this Lease, including any extension period
hereof, but exclusive of penalties or discounts, on the Property , (ii) any
taxes which shall be levied in lieu of the taxes described in (i) above or which
shall be levied on the gross rentals of the Property and the Common Areas but
excluding all income taxes of Landlord, (iii) pure waters charges (part based
upon assessment and part upon the water consumption by other tenants and users
in the Building), sewer district charges, lighting charges, fire district
charges and other charges and any assessments (special or otherwise) made
against the Property and the Common Areas which shall be required to be paid
during the calendar year or fiscal year in respect to which they are being
detern1ined, (iv) any water and water pollution charges, (v) and any other
governmental real estate taxes, levies, impositions or charges of a similar or
dissimilar nature, whether general, special, ordinary , extraordinary , foreseen
or unforeseen which may be assessed, levied or imposed upon all or any part of
the Property and the Common Areas, and (vi) the reasonable expense of contesting
the amount or validity of any such taxes, charges or assessments, such expense
(including reasonable attorneys fees) to be applicable to the period of the item
contested.

                  (f) TENANT'S SHARE OF REAL PROPERTV TAXES. For purposes
hereof, Tenant's "Share of Real Property Taxes" shall be that product obtained
by multiplying the amount of the Real Property Taxes against the Building and
Lot by a fraction, the numerator of which shall be the number of square feet of
Total Rentable Area of the Premises and the denominator of which shall be the
total number of square feet of Total Rentable Area of the Building excluding the
lobby, elevator shafts, mechanical space, boiler room and other areas of the
Building constituting space in the Building not specifically leased to and
occupied by a specific tenant. Landlord and Tenant agree that Tenant's pro rata
share ("Pro Rata Share") for these purposes shall be deemed to be 2.80%.

                  (g) ESTIMATES. In order to provide for current payments of
Real Property Taxes Tenant agrees to pay, as Additional Rent, Tenant's Share of
Real Property Taxes in accordance with an estimate by Landlord as prepared from
time to time, such estimated amount to be paid in twelve (12) monthly
installments commencing on the first day of the month following the month in
which Landlord notifies Tenant of the amount of Tenant's Share of Real Property
Taxes. If, as finally detern1ined, Tenant's Share of Real Property Taxes shall
be greater than or be less than the aggregate of all estimated installments
thereof paid by Tenant on account to Landlord for such twelve (12) month period,
then Tenant shall pay to Landlord the amount of such underpayment, or Landlord
shall refund to Tenant the amount of such overpayment, as the case may be. The

                                       3
<PAGE>

obligation of Tenant with respect to the payment of such Real Property Taxes
accrued during the term of this Lease, or any extension period hereof if this
Lease is extended, shall survive the expiration or earlier termination of this
Lease. Any payment or refund made pursuant to this Subsection (e) shall be made
without prejudice to any right of Tenant to dispute, or of Landlord to correct,
any item(s) as billed pursuant to the provisions hereof so long as Tenant
continues to pay the amount as so estimated and billed.

                  Landlord covenants and agrees that Landlord ~ll provide Tenant
with copies of any bill upon which any Real Property Taxes are based together
with the calculation used by Landlord in determining Tenant's Pro Rata Share
thereof.

                  (h) ~RATING CHARGES. Tenant shall pay to Landlord each year,
as Additional Rent, a sum equal to the amount by which Operating Charges (as
below defined) allocable to the Premises during such year exceed the Operating
Charges allocable to the Premises for calendar year 1999. The amount so
allocable to the Premises will be the sum obtained by multiplying Tenant's Pro
Rata Share by the Operating Charges attributable to the Building and the Lot.

                  Operating Charges shall mean all costs and expenses incurred
by Landlord in the ownership and operation of the Building, the Lot and the
Property, including, but not limited to: (a) electricity, water, sewer, power,
natural gas, steam, fuel oil and other utility charges (including surcharges and
connection fees); (b) insurance premiums; (c) management fees and personnel
COSTS; ( d) costs of service, security and maintenance contracts; ( e )
maintenance, redecoration and repair expenses; (t) depreciation for capital
expenditures made by Landlord to reduce operating expenses; (g) charges for
janitorial, cleaning, security, window cleaning, and snow and trash removal
services; (h) any business, professional and occupational license tax payable by
Landlord with respect to the Building; (i) reasonable reserves for replacements,
repairs and contingencies; G) auditing and accounting fees; (k) legal and other
professional fees; and (1) any other expense incurred by Landlord in ovming,
managing, maintaining, repairing or operating the Building. Operating Charges
shall not include: principal or interest payments on any mortgage or ground
lease; leasing commissions; depreciation of the Building (except as specified
above); and the costs of special services or utilities separately charged to and
paid for by particular tenants of the Building.

                  (i) TENANT'S SHARE OF OPERATING CHARGES. For purposes hereof,
Tenant's "Share of Operating Charges" shall be that product obtained by
multiplying the amount of the Operating Charges against the Building and Lot by
a fraction, the numerator of which shall be the number of square feet of Total
Rentable Area of the Premises and the denominator of which shall be the total
number of square feet of Total Rentable Area of the office space in the Building
excluding the lobby, elevator shafts, mechanical space, boiler room and other
areas of the Building constituting space in the Building not specifically leased
to and occupied by a specific tenant. Landlord and Tenant agree that Tenant's
pro rata share ("Pro Rata Share") for these purposes shall be deemed to be
4.26%.

                  G) ESTIMATES. In order to provide for current payments of
Operating Charges Tenant agrees to pay, as Additional Rent, Tenant's Share of
Operating Charges in accordance with an estimate by Landlord as prepared from
time to time, such estimated amount to be paid in twelve (12) monthly

                                       4
<PAGE>

installments commencing on the first day of the month following the month in
which Landlord notifies Tenant of the amount of Tenant's Share of Operating
Charges. If, as finally determined, Tenant's Share of Operating Charges shall be
greater than or be less than the aggregate of all estimated installments thereof
paid by Tenant on account to Landlord for such twelve (12) month period, then
Tenant shall pay to Landlord the amount of such underpayment, or Landlord shall
refund to Tenant the amount of such overpayment, as the case may be. The
obligation of Tenant with respect to the payment of such Operating Charges
accrued during the term of this Lease, or any extension period hereof if this
Lease is extended, shall survive the expiration or earlier termination of this
Lease. Any payment or refund made pursuant to this Subsection ( e ) shall be
made without prejudice to any right of Tenant to dispute, or of Landlord to
correct, any item(s) as billed pursuant to the provisions hereof so long as
Tenant continues to pay the amount as so estimated and billed.

                  (k) AGREEMENT TO PAY. Tenant does hereby covenant and agree to
pay promptly the amounts computed pursuant to this Section 3 and otherwise
herein as additional rent (" Additional Rent") as and when the same shall become
due and payable, without demand therefore, and without any set-off or deduction
whatsoever.
                  (I) COSTS AND EXPENSES DEEMED RENT. All COSTS and expenses
which Tenant assumes or agrees to pay to Landlord pursuant to this Lease shall
be deemed Additional Rent and, in the event of non-payment thereof, Landlord
shall. have all the rights and remedies herein provided for in case of
non-payment of Rent (below defined).

                  (m) ~ The Base Rent together with the Additional Rent
described in this Section 3 will be collectively referred to herein as Rent.

4. LEASEHOLDI~ROVEMENTS

                  Tenant accepts the Premises in ITS "as is" condition, except
that Landlord agrees, at Landlord's expense, to clean all existing carpeting in
the Premises (the "Landlord Work"). All other initial improvements to the
Premises shall be conducted by Tenant, at Tenant's expense and in accordance
with Section 11(f) of this Lease (the "Tenant Work"). Notwithstanding the
foregoing, Landlord agrees to provide Tenant an allowance not to exceed Three
Thousand and 00/lOO Dollars ($3,000.00) toward the cost of the Tenant Work (the
"Allowance"). Landlord shall pay the Allowance to Tenant within thirty (30) days
after receipt of copies ofpaid invoices therefor.

                  Tenant covenants and agrees that upon expiration of the term
of this Lease, including any extension thereof, Tenant, at the election of
Landlord, will remove all tenant improvements other than those which are part of
the Landlord Work, and return the Premises to Landlord in the same condition as
of the Commencement Date, except for reasonable wear and tear and occurrences
pursuant to Sections 13 and 14 hereof. Landlord agrees to exercise such election
by notifying Tenant in writing 30 days prior to the expiration of this Lease, or
any extension terms, if extended. If Landlord does not make such election, then
such improvements shall remain in the

                  Premises as Landlord's property after the expiration of the
term hereof.

                                       5
<PAGE>

5. SERVICES

Landlord shall provide the following services:

                  (a) HEAT VENTILATION AND AIR CONDITIONING. Heat, ventilation
and air conditioning equipment needed for the comfortable use and occupancy of
the Premises as determined by Landlord. The above services will be provided from
7:30 a.m. to 5:30 p.m. each Monday through Friday, excluding holidays. If Tenant
requires air conditioning or heat beyond the norII1al hours of operation, then
Landlord will furnish the same, provided Tenant gives Landlord sufficient
advance notice of such requirement. Tenant shall pay for such extra services in
accordance with Landlord's then-current schedule. Except as otherwise provided
herein, Landlord shall not be required to furnish services and utilities during
hours other than the normal hours of operation of the Building.

                  (b ) ELEVATOR SERVICE. available at all times. The Passenger
and freight elevator shall be

                  (c) CLEANING. Provided that Tenant shall keep the Premises in
good order, Landlord shall cause the Premises, including those interior hallways
which are located within the Premises, to be cleaned in accordance with
Landlord's customary cleaning contract Tenant shall also pay to Landlord, within
15 days of billing, the costs incurred by Landlord for any cleaning in or of the
Premises in excess of Landlord's customary cleaning contract as well as for any
additional cleaning requested by Tenant.

                  (d) BUILDING COMMON AREA JANITORIAL SERVICES. Landlord shall
provide janitorial services with respect to the common areas of the Building in
accordance with the standards of Landlord's customary cleaning contract

                  (e) ~. Landlord, at its expense, shall furnish adequate hot
and cold water in public areas for drinking, lavatory and toilet, and ordinary
cleaning purposes.

                  (t) ELECTRICAL ENERGY .Landlord shall furnish all electrical
energy used by Tenant for heat, air-conditioning, light and other services.
Landlord will install and change light bulbs but the cost of such bulbs shall be
paid by Tenant.

                  (g) ACCESS TO PREMISES. Tenant shall have access to the
Building and the Premises 24 hours per day, 7 days per week, 52 weeks per year
unless such access is prevented by reasons beyond Landlord's control or by the
acts of Force Maguire as are described in Section 25 of this Lease.

                                       6
<PAGE>

                  (h) ADDITIONAL WORK OR SERVICES. Notwithstanding any other
provisions herein, should Tenant require any work or services in addition to
those described in Subsection (a) through (f) of this Section 5, Landlord may
upon reasonable advance request by Tenant furnish such additional service and
Tenant agrees to pay Landlord, with the next monthly installment of Rent, such
charges as may be agreed on but in no event less than Landlord's actual cost
plus overhead for the additional services provided.

                  (i) INTERRUPTIONS IN SERVICE. It is understood that Landlord
does not warrant that any of the services referred to above, or any other
services which Landlord may supply, will be free from interruption. Tenant
acknowledges that any one or more of such services may be suspended by reason of
accident or of repairs, alterations or improvements necessary to be made, or by
strikes or lockouts, or by reason of operation of law, or causes beyond the
reasonable control of Landlord. No such interruption of service shall be deemed
an eviction or disturbance of Tenant's use and possession of the Premises, or
any part thereof, or render Landlord liable to Tenant for damages by abatement
of Rent or otherwise, direct or consequential, nor shall any such interruption
relieve Tenant from performance by Tenant of its obligations under this Lease.

WAIVER OF CERT AIN CLAIMS

                  Tenant, to the extent permitted by law, waives all claims it
may have against Landlord, and against Landlord's agents, employees and
contractors for damage to person or property sustained by Tenant or by any
occupant of the Premises, or by any other person, resulting from any part of the
Property or Common Areas or any equipment or appurtenances becoming out of
repair, or resulting from any accident in or about the Property or Common Areas
or resulting directly or indirectly from an:y act or neglect of any tenant or
occupant of any part of the Property or Common Areas or of any other person,
except that this waiver shall not apply to damages for injuries to person or
property caused by or resulting from the negligence of Landlord, its agents,
servants or employees unless such loss is covered by insurance Tenant actually
carries or is required to carry under this Lease. This waiver shall include not
only direct damages but also claims for consequential damages and any claims for
abatement of Rent due hereunder, it being intended that this waiver be absolute.

                  If any property damage results from any act or neglect of
Tenant, Landlord may at Landlord's option, repair such damage and Tenant shall
thereupon pay to Landlord so much of the total cost of such repair or
replacement as is not covered or paid to Landlord under Landlord's insurance
policy, including the amount of any deductible, as well as so much of the total
cost of such repair as exceeds any insurance proceeds Landlord receives in
respect of such damage.

                  Tenant agrees to defend and hold Landlord harmless and
indemnify against each and every claim and liability for injuries to any person
or persons and for damage to or loss of personal property occurring in or about
the Property or Common Areas, due to any act of negligence or default under this
Lease by Tenant its contractors, agents or employees.

                                       7
<PAGE>

7. INSURANCE

                  (a) FIRE AND HAZARD INSURANCE. Landlord shall at ITS expense,
procure and maintain during the term of this Lease and any extension period
hereof, fIre and hazard insurance in an amount equal to the replacement value of
the Building (less footings, foundations and site work) and comprehensive public
liability insurance, and such insurance shall provide for a waiver of the
insurer's subrogation rights as against Tenant.

                  (b ) Public Liability Insurance. Contractual Liability
Insurance. Personal PROPERTV INSURANCE AND BUSINESS INTERRUPTION INSURANCE.
Tenant shall, at its expense, procure and maintain during the term of this Lease
and any extension period hereof, comprehensive public liability insurance,
contractual liability insurance, all risk personal property insurance and
business interruption insurance under policies issued by insurers only licensed
to do business in the State of New York and being of recognized responsibility
with a Best rating of not less than A 7. The public liability and contractual
liability insurance shall each have a single limitation of liability of not less
than $3,000,000 for personal injury, bodily injury, death, as well as for damage
or injury to or destruction of property (including the loss of use thereof) for
anyone occurrence. The personal property insurance shall cover all risks and be
in an amount equal to the replacement value of the personal property of Tenant
located on the Property and Common Areas. The business interruption insurance
shall be in minimum amounts typically carried by prudent tenants engaged in
similar operations, but in no event in an amount less than necessary to cover
one full year of Rent. Tenant shall maintain such insurance throughout the term
of this Lease and any extension hereof at that monetary value which the
respective $3,000,000 and, replacement value hereinabove stipulated represent as
of the date of this Lease (as determined by Tenant's insurer) and Tenant shall
review the limits of its policies annually to ensure that such monetary value is
maintained each year. Tenant's policies shall:

                  (i) Name Landlord, its agents, servants and employees as
         additional insured's except in the case of the personal property
         insurance where Tenant shall furnish Landlord with a waiver of
         subrogation;

                  (ii) Provide for 30 days' notice to Landlord prior to any
         amendment, change, modification, lapse or cancellation of coverage; and

                  (iii) Contain an endorsement that there will be no defense,
         disclaimer of coverage, exception or exclusion based upon any act of
         the insured.

                  Tenant shall furnish Landlord with a binder or a copy of the
policy of insurance with evidence of premium payment within 10 days of execution
of this Lease showing the coverage, clauses and endorsements herein required and
thereafter such binder or copy of the policy and evidences of premium payment
shall be furnished by Tenant to Landlord not less than 10 days prior to the
expiration date of each such policy.

                                       8
<PAGE>

8. HOLDING OVER

                  If Tenant fails to vacate the Premises at the expiration of
this Lease or any extension period thereof, if extended, then Tenant shall pay
Landlord Base Rent at double the monthly rate in effect immediately prior to
such holdover as specified in Section 3 for the time Tenant thus remains in
possession and, in addition thereto, shall be responsible for and reimburse
Landlord for all direct and consequential damages sustained by Landlord by
reason of Tenant's retention of possession. The provisions of this Section do
not exclude Landlord's rights of re-entry or any other right or remedy of
Landlord hereunder.

9. ASSIGNMENT AND SUBLETTING

                  The following provisions shall govern any desired subletting
or assignment by Tenant of all or part of the Premises:

                  (a) PROHIBITION. Tenant shall not, without Landlord's prior
written consent which shall not be unreasonably withheld or delayed: (a) assign,
convey, mortgage, pledge, encumber or otherwise transfer (voluntarily or
involuntarily) this Lease or any interest under it; (b) allow any transfer
thereof or any lien upon Tenant's interest by operation of law; (c) sublet the
Premises or any part thereof, or ( d) permit the use or occupancy of the
Premises or any part thereof by any person or entity other than Tenant.

                  (b) RECAPTURE. Notwithstanding anything herein to the
contrary, if at any time or from time to time during the term of this Lease or
any extension period hereof, Tenant desires to sublet or assign this Lease with
respect to all or part of the Premises, Tenant shall notify Landlord in writing
(hereinafter referred to in this Section as the "Notice") of the terms of the
proposed subletting or assignment and the area proposed to be sublet or covered
by the assignment and deliver to Landlord an executed copy of the proposed
sublease or assignment thereby giving Landlord the option to either (i) sublet
from Tenant such space (hereinafter referred to as "Sublet Space") at the same
Rent as Tenant is then required to pay to Landlord under this Lease for the same
space, or (ii) terminate this Lease with respect to the Sublet Space in which
case Tenant shall be released from any further liability hereunder. If the
Sublet Space does not constitute the entire Premises and Landlord exercises its
election to terminate this Lease with respect to the Sublet Space, then, as to
that portion of the Premises which is not part of the Sublet Space, this Lease
and the Rent due from Tenant shall be reduced by a fraction, the numerator of
which shall be the rentable square feet of the Sublet Space and the denominator
of which shall be the rentable square feet of the Premises such fraction to be
then multiplied by the Rent then due to determine the amount of the reduction.
The election to either sublet or to terminate this Lease shall be exercisable by
Landlord in writing within a period of forty-five (45) days after receipt of the
Notice and the executed copy of the proposed sublease or assignment.

                  (c) SUPREMACV OF LEASE. In the event Landlord elects to sublet
the Sublet Space, the term of such subletting from Tenant to Landlord shall be
the term set forth in the Notice and such subletting shall be on such terms and
conditions as are contained in this Lease as the then current Rent, except that
Landlord shall have the right to further sublet the Sublet Space.

                                       9
<PAGE>

                  (d) REGUIREMENTS. At the same time Tenant delivers the Notice
to Landlord, Tenant shall also submit to Landlord a proposed copy of the
proposed assignment or sublease and such information concerning the proposed
assignment or sublease and the proposed assignee or sublessee as may be
requested by Landlord for Landlord's review and approval which shall not be
unreasonably withheld or delayed. The following shall, however, be requirements
for any approval by Landlord:

                  (i) The proposed subtenant or assignee must submit a current
         financial statement to Landlord and must have a credit rating
         satisfactory to Landlord, in Landlord's reasonable judgment;

                  (ii) The proposed subtenant or assignee must, in Landlord's
         reasonable judgment, be fmancially responsible and of good professional
         reputation as well as engaged in a business reasonably compatible with
         the character of the business of other tenants in the Building;

                  (iii) The sublease must by its terms be expressly subject and
         subordinate to this Lease, must require that any subtenant comply with
         and abide by all of the terms of this Lease, and must provide that any
         termination of this Lease shall also extinguish the sublease;

                  (iv) The proposed subtenant or assignee may not be any person
         or entity either then occupying space in the Building or one with whom
         Landlord is then negotiating for space in the Building;

                  (v) Tenant may not then nor at the commencement of the
         sublease be in default under this Lease beyond any applicable grace
         period;

                  A fully executed counterpart of the assignment or sublease
must be delivered to Landlord within sixty (60) days after the date of
Landlord's approval or Landlord's approval of the proposed assignment or
sublease shall be deemed null and void and Tenant shall again comply with all
the conditions of this Section as if the Notice hereinabove referred to had not
been given and received.

                  (e) REVIEW AND APPROVAL COSTS. Tenant agrees to pay to
Landlord, on demand, the reasonable costs incurred by Landlord in connection
with any request by Tenant for Landlord to consent to any assignment or
subletting by Tenant, including reasonable attorneys' fees.

                  (f) DEEMED ASSIGNMENT/SUBLET. For purposes of this Section 9
the following shall be deemed a prohibited assignment or sublease, as the case
may be:

                  (i) the transfer of more than thirty percent (30%) of the
         outstanding capital stock of any corporate tenant or subtenant or any
         increase in the amount of issued and/or outstanding shares of capital
         stock and/or the creation of one or more 10 additional classes of

                                       10
<PAGE>

         common stock of any corporate tenant or subtenant with the result that
         the beneficial and record ownership in and to such tenant or subtenant
         changes by more than thirty percent (30%) from the beneficial and
         record ownership as of the Commencement Date, or the transfer of more
         than thirty percent (30%) of any partnership interest in Tenant or any
         subtenant, if Tenant or subtenant is a partnership, however
         accomplished, whether in a single transaction or in a series of related
         or unrelated transactions;

                  (ii) any agreement by any other person or entity directly or
         indirectly, to assume Tenant's obligations under this Lease;

                  (iii) any transfer by operation of law or otherwise, of
         Tenant's interest in this Lease; and

                  (iv) each modification, amendment or extension of any sublease
         to which Landlord has previously consented shall be deemed a new
         sublease.

                  Tenant agrees to furnish Landlord upon demand at any time,
such information and assurances as Landlord may reasonably request that neither
Tenant, nor any previously permitted subtenant, has violated the provisions of
this Section.

                  (g) RIGHTS OF LANDLORD UPON SUBLETTING, If, with the consent
of Landlord, the Premises or any part thereof be sublet or occupied by anybody
other than Tenant, Landlord may, after default by Tenant, collect rent from the
subtenant or occupant, and apply the net amount collected to the Rent herein
reserved. If, without consent of Landlord, the Premises or any part thereof be
sublet or occupied, Landlord may collect rent from such subtenant or occupant
and apply the net amount collected to the Rent herein reserved but no such
subletting, occupancy or collection shall be deemed a waiver of any of Tenant's
covenants contained in this Lease or an acceptance by Landlord of the subtenant
or occupant as Tenant. In neither of the foregoing two circumstances shall
Tenant be relieved from ITS obligations under this Lease or from further
perfom1ance by Tenant of covenants on the part of Tenant herein contained.

                  (h) RIGHTS OF LANDLORD UPON ASSIGNMENT. If, with the consent
of Landlord, this Lease or any interest herein is assigned by Tenant to a third
party assignee, such assignment shall not relieve Tenant of its obligations
hereunder and Landlord may, after default by the assignee in the payment of Rent
or in the performance of any other obligation of Tenant under this Lease, demand
and enforce performance of this Lease by Tenant-assignor including the payment
of Rent from Tenant-assignor to the fullest extent provided by this Lease and/or
the payment by Tenant- assignor of any direct damages sustained by Landlord.

10. CONDITION OF PREMiSES

                  Subject only to such items as are set out on any punch list
prepared by Landlord and Tenant, Tenant's taking possession of the Premises
shall be conclusive evidence as against Tenant that the Premises were in good

                                       11
<PAGE>

order and satisfactory condition when Tenant took possession. No promises of
Landlord to alter, remodel, repair or improve the Premises or the Building and
no representation respecting the condition of the Premises, the Building or the
Property have been made by Landlord to Tenant, other than as may be contained
herein.

                  At the expiration or earlier termination of this Lease, Tenant
shall return the Premises broom-clean and in as good condition as when Tenant
took possession, ordinary wear and loss by fIre or other casualty excepted,
failing which Landlord may restore the Premises to such condition and Tenant
shall pay the cost thereof on demand.

11. USE OF PREMISES

                  Tenant agrees to comply with the following provisions
regarding the use of the Premises.

                  (a) :ARBITRATION ON SELLING ACTIVITIES. Tenant shall not
exhibit, sell or offer for sale on the Premises or in the Building any article
or thing without the advance consent of Landlord.

                  (b) COMPLIANCE WITH LAW. Tenant will not make or permit to be
made any use of the Premises or any part thereof which would violate any of the
covenants, agreements, terms, provisions and conditions of this Lease or any
mortgage on the Property or which directly or indirectly is forbidden by public
law, ordinance or governmental regulation (including, without limitation, all
environmental laws) or which may be dangerous to life, limb, or property, or
which may invalidate or increase the premium cost of any policy of insurance
carried on the Building, the Property or covering ITS operation, or which will
suffer or permit the Premises or any part thereof to be used in any manner or
anything to be brought into or kept therein which, in the judgment of Landlord,
would in any way impair or tend to impair the character, reputation or
appearance of the Building as a high quality building, or which would impair or
interfere with or tend to impair or interfere with any of the services performed
by Landlord for the Property .Tenant agrees to change, reduce or stop any such
use or install necessary equipment, safety devices, pollution control systems or
other installations at any time during this Lease to comply with the foregoing.

                  (c) ~. Tenant shall not display, inscribe, print, paint,
maintain or affiX on any place on the exterior or interior of the Building
(excepting only such part or parts of the Premises as is or are not visible from
outside the Premises) nor on the Lot or any Common Area any decoration, sign,
notice, legend, direction, figure, or advertisement or window treatment,
curtains or display materials except in or at such place or places, and then
only such name(s) and matter, and in such color, size, style, place and
materials, as shall fIrst have been approved by Landlord in writing.

                  (d) ADVERTISING, Tenant shall not advertise the business,
profession or activities of Tenant conducted in the Building in any manner which
violates the letter or spirit of any code of ethics adopted by any recognized
association or organization pertaining to such business, profession or
activities and shall not use the name of the Building for any purposes other
than that of the business address of Tenant, and shall never use any picture or
likeness of the Building in any circulars, notices, advertisements or
correspondence without Landlord's consent.

                                       12
<PAGE>

                  (e) ~ No additional locks or similar devices shall be attached
to any door or window without Landlord's prior written consent and no keys for
any door other than those provided by Landlord shall be made. If more than two
keys for one lock are desired, Landlord will provide the same upon payment by
Tenant. All keys must be returned to Landlord at the expiration or termination
of this Lease.

                  (t) ALTERATIONS. Tenant shall not make any alterations,
improvements, or additions of or to the Premises (collectively , " Alteration")
without Landlord's advance written consent in each and every instance. In the
event Tenant desires to make any Alteration, Tenant shall first submit to
Landlord plans and specifications therefore and obtain Landlord's written
approval thereof prior to commencing any such work. Any contractor hired by
Tenant must be properly insured and, if required, licensed. Each and every
Alteration, whether temporary or permanent in character, made by Landlord or
Tenant in or upon the Premises shall become Landlord's property and shall remain
upon the Premises at the expiration or earlier termination of this Lease without
compensation to Tenant (excepting only Tenant's movable office furniture, trade
fIXtures, office and professional equipment) unless Landlord in writing requires
Tenant to remove such Alteration upon expiration of the term of this Lease or
any extension period, if extended. Landlord shall serve such writing upon Tenant
regarding the removal of an Alteration not later than thirty (30) days prior to
the expiration of the term of this Lease or extension period, if extended, and
Tenant shall thereafter remove such Alteration as herein required, repair any
damage caused by such removal and restore the Premises to the condition
specified in Section 10 of this Lease.

                  (g) AFTER HOURS OCCUPANCV AND VISITORS. All persons entering
or leaving the Building after hours on Monday through Friday, or at any time on
Saturdays, Sundays and holidays, may be required to do so under such regulations
as Landlord may impose. Landlord may exclude or expel any peddler.

                  (h) FLOOR PLAN. TENANT shall not overload any floor. Landlord
may direct the time and manner of delivery , routing and removal, and the
location, of safes and other heavy articles.

                  (i) INSTALLATION OF MACHINERY: PROHIBITION AGAINST LOADING.
Unless Landlord gives advance written consent, Tenant shall not install or
operate any steam or internal combustion engine, boiler, machinery,
refrigerating or heating device or air conditioning apparatus in or about the
Premises, or carry on any mechanical business therein, or use the Premises for
housing accommodations or lodging or sleeping purposes, or do any cooking
therein except as otherwise provided herein, or use any illumination other than
electric light, or use or permit to be brought into the Building any flammable
fluids such as gasoline, kerosene, naphtha, and benzine, or any explosives,
radioactive materials or other articles deemed extra hazardous to life, limb or
property except in a manner which would not violate any ordinance or regulation
of the City of Rochester or any other applicable law or regulation. Tenant shall
not use the Premises for any illegal or irnmoral purpose.

                  G) (POUND)NERE:V CONSERVATION. Tenant shall cooperate fully
with Landlord to assure the effective operation of the Building's
air-conditioning system, including the closing of the venetian blinds and
drapes, and the keeping closed of any operable windows when the air-conditioning

                                       13
<PAGE>

system is in use. Tenant shall further comply with any applicable federal laws,
rules, ordinances or administrative enactments on energy conservation, in office
buildings.

                  (k) CONTRACTS. Tenant shall not contract for any work or
service which might involve the employment of labor in violation of any contract
with the Building employees or employees of contractors doing the work or
performing services, by or on behalf of Landlord on an ongoing basis (full time
or part time but not ad hoc).

                  (I) ACCESS. Except as otherwise expressly permitted in this
Lease, the Common Area, sidewalks, halls, passages, exits, entrances, and
stairways shall not be obstructed by Tenant or used for any purpose other than
for ingress to and egress from its Premises. The common areas, halls, passages,
exits, entrances, elevators, stairways and roof are not for the use of the
general public and Landlord shall in all cases retain the right to control and
prevent access thereto by all persons whose presence, in the judgment of
Landlord, shall be prejudicial to the safety , character, reputation and
interests of the Property , the Building and its tenants, provided that nothing
herein contained shall be construed to prevent such access to persons with whom
Tenant normally deals in the ordinary course of Tenant's business unless such
persons are engaged in illegal activities. No Tenant and no employees or
invitees of Tenant shall go upon the roof or mechanical floors of the Building.

                  (m) NUISANCE. Tenant shall not use, keep or permit to be used
or kept any foul or noxious gas or substance in the Premises, or permit or
suffer the Premises to be occupied or used in a manner offensive or
objectionable to Landlord or other occupants of the Property or 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 animals or birds be
brought in or kept in or about the Premises of the Building or the Property.

                  (n) SECURI!Y AND ELECTRIC CONSUMPTION. Tenant shall see that
the doors, and windows, if operable, of the Premises are closed and securely
locked before leaving the Building and must observe strict care and caution that
all water faucets or water apparatus are entirely shut off before Tenant or
Tenant's employees leave the Building and that if required by law or regulation,
all electricity shalllikeVwise be carefully shut off so as to prevent waste or
damage, and for any default or carelessness Tenant shall make good all injuries
and losses sustained by Landlord to the extent of any deductibles and such
excess COSTS as are not paid or covered under Landlord's or Tenant's insurance
and as are sustained by Landlord as a result, in whole or in part, from Tenant's
negligence.

                  (o) ENVIRONMENTAL LAWS.

                           (i) Tenant covenants and agrees as follows:

                                (a) Tenant shall keep the Premises and the
Property free of all Hazardous Substances, shall promptly remove from the
Premises and the Property and shall dispose of all Hazardous Substances
by-products in compliance with all applicable Environmental Laws, and shall not
permit the Premises to be used for the storage, treatment, generation,
transportation, processing, handling, production or disposal of any Hazardous
Substances.

                                       14
<PAGE>

                                (b) Tenant shall comply with all applicable
Environmental Laws and shall obtain and comply with all Environmental Permits.

                                (c) .Tenant shall promptly provide Landlord with
a copy of all notifications of any Release or the threat of a Release on, at or
from the Premises given by or on behalf of Tenant to any federal, state or local
governmental agencies or authorities or received by or on behalf of Tenant from
any source whatsoever.

                                (d) Tenant shall undertake and complete all
investigations, studies, sampling and testing and all removal and other remedial
actions necessary to contain, remove and clean up all Hazardous Substances that
are determined to be present at the Premises in accordance with all applicable
Environmental Laws and all Environmental Permits.

                                (e) Tenant shall at all times allow Landlord and
Landlord's lenders and their officers, employees, agents, representatives,
contractors and subcontractors, reasonable access to the Premises for the
purpose of ascertaining site conditions, including, but not limited to,
subsurface conditions, provided, however that any such entity to which access is
so allowed shall not unreasonably interfere with or disrupt Tenant's use of the
Premises and shall restore any damage to the Premises caused by their access and
inspection.

                                (f) If at any time Tenant obtains any evidence
or information which suggests that potential environmental problems may exist at
the Premises, Landlord may require that a full or supplemental environmental
inspection and audit report with respect to the Premises of a scope and level of
detail satisfactory to Landlord be prepared by an environmental engineer or
other qualified person acceptable to Landlord, at Tenant's sole cost and
expense. If said audit report indicates the presence of any Hazardous Substance
or a Release or the threat of a Release on, at or from the Premises, Tenant
shall promptly undertake and diligently pursue to completion all necessary,
appropriate and legally authorized investigative, containment, removal, clean up
and other remedial action. using methods recommended by the environmental
engineer or other person who prepared said audit report and acceptable to the
appropriate federal, state and local regulatory authorities.

                           (ii) Tenant covenants and agrees, at its sole cost
and expense, to indemnify, protect, defend and save harmless Landlord from and
against any and all damages, losses, liabilities, obligations, penalties,
claims, litigation, demands, defenses, judgments, suits, actions, proceedings,
costs, disbursements and/or expenses (including, without limitation, attorneys'
and experts' fees, expenses and disbursements) of any kind or nature whatsoever
which may at any time be imposed upon, incurred by or asserted or awarded
against Landlord relating to, resulting from or arising out of (i) the use of
the Premises for the storage, treatment, generation, transportation, processing,
handling, production or disposal of any Hazardous Substance or for the storage
of petroleum or petroleum based products, (ii) the presence of any Hazardous

                                       15
<PAGE>

Substance or a Release or the threat of a Release on, at or from the Premises,
(iii) the failure to promptly undertake and diligently pursue to completion all
necessary, appropriate and legally authorized investigative, containment,
removal, clean up and other remedial actions with respect to a Release or the
threat of a Release on, at or from the Premises; (iv) human exposure to any
Hazardous Substance, noises, vibrations or nuisances of whatever kind to the
extent the same arise from the condition of the Premises or the ownership, use,
operation, sale, transfer or conveyance thereof, (v) a violation of any
applicable Environmental Law, (vi) non-compliance with any Environmental Permit
or (vii) a material misrepresentation or inaccuracy in any representation or
warranty or a material breach of or failure to perform any covenant made by
Tenant in this Lease.

                           (iii) All capitalized terms used in this Section and
not heretofore defmed shall have the meanings set forth below.

                           '~ENVIRONMENTAL LAWS" means all federal, state and
local environmental, land use, zoning, health, chemical use, safety and
sanitation laws, statutes, ordinances and codes relating to the protection of
the Environment and/or governing the use, storage, treatment, generation,
transportation, processing, handling, production or disposal of Hazardous
Substances and the rules, regulations, policies, guidelines, interpretations,
decisions, orders and directives of federal, state and local governmental
agencies and authorities with respect thereto.

                           "ENVIRONMENTAL PERMITS" means all pennits, licenses,
approvals, authorizations, consents or registrations required by an applicable
Environmental Law in connection with the ownership, use and/or operation of the
Premises for the storage, treatment, generation, transportation, processing,
handling, production or disposal of Hazardous Substances or the sale, transfer
or conveyance of the Premises.

                           "HAZARDOUS SUBSTANCE" means, without limitation, any
flammable explosives, radon, radioactive materials, asbestos, urea formaldehyde
foam insulation, polychlorinated biphenyls, petroleum and petroleum products,
methane, hazardous materials, hazardous wastes, hazardous or toxic substances or
related materials, as defined in the Comprehensive Environmental Response,
Compensation and Liability Act of 1980, as amended (42 U.S.C. Sections 9601, ~
~.), the Hazardous Materials Transportation Act, as amended (49 U.S.C. Sections
1801, ET SEG.). the Resource Conservation and Recovery Act, as amended (42
U.S.C. Sections 6901, ET S~.). the Toxic Substances Control Act, as amended (15
U.S.C. Sections 2601, ET SEG.) Articles 15 and 27 of the New York State
Environmental Conservation Law or any other applicable Environmental Law and the
regulations promulgated thereunder.

                           "RELEASE" has the same meaning as given to that term
in the Comprehensive Environmental Response, Compensation and Liability Act of
1980, as amended (42 U.S.C. Section 9601, ~ ~.), and the regulations promulgated
thereunder. (iv) Landlord makes no warranties or representations whatsoever with
respect to the environmental condition of the Premises, except that Landlord
represents that it has no knowledge of any violation of any Environmental Laws
or Environmental Permits affecting the Premises.

                                       16
<PAGE>

                  In addition to any liability for breach of any covenant of
this Section, Tenant shall pay to Landlord an amount equal to any increase in
insurance premiums payable by Landlord, caused by such breach, default or
carelessness on the part of Tenant.

12. REPAIRS

                  Tenant shall give to Landlord prompt written notice of any
damage to, or defective condition in the Building structure or in any part or
appurtenance of the Building's plumbing, electrical, heating, air-conditioning,
ventilation, sprinkler, elevator or other systems serving, located in, or
passing through the Premises. Subject to the provisions of this Section 12,
Tenant snall, at Tenant's own expense, keep the Premises in good order,
condition and repair during the term, except that Landlord, at Landlord's
expense (unless caused by the fault or negligence of Tenant, its contractors,
agents, or employees in which case Tenant shall pay Landlord for any deductible
and any cost. which either exceeds insurance proceeds Landlord receives or which
is no~ covered under Landlord's insurance policy in respect of such damage)
shall keep in repair and maintain the exterior of the Building, the electrical,
heating, air-conditioning, ventilation, sprinkler, elevator or other systems
serving, located in or passing through the Premises, plumbing fixtures located
in the Building (except those installed by Tenant with Landlord's approval),
outside walls, including windows, loadbearing walls (except as to surface damage
done by or attributable to Tenant) and doors and roof.

                  Tenant, at Tenant's expense, shall comply with all laws and
ordinances, and all rules and regulations of all governmental authorities and of
all insurance bodies at any time in force, applicable to the Premises or to
Tenant's use thereof, except that Tenant shall not hereby be under any
obligation to comply with any law, ordinance, rule or regulation requiring any
structural alteration of or in connection with the Premises, unless such
alteration is required by reason of a condition which has been created by, or at
the instance of, Tenant, or is required by reason of a breach of any of Tenant's
covenants and agreements hereunder. Landlord shall not be required to repair any
injury or damage by fire or other cause, or to make any repairs or replacements
of any panels, decoration, office fIXtures, railing, ceiling, floor covering,
partitions, or any other property installed in the Premises by Tenant unless
such injury or damage is a direct result of negligence on the part of Landlord
or its contractors, agents or employees, and Tenant is not reimbursed for such
injury or damage from insurance proceeds.

13. DESTRUCTION OF PREl\fiSES

                  If the Premises shall be partially damaged by fire or other
causes the damage shall be repaired by and at the expense of Landlord, unless
the damage is caused by the fault or neglect of Tenant, Tenant's servants,
employees, agents, visitors or licensees, and in no event shall the Rent be
abated during the period of such repairs. In the event, however, that such
partial damage is due to the fault of Tenant, Tenant's servants, employees,
agents, visitors or licensees, the damage shall be repaired by Tenant, and
Tenant shall pay the COSTS of such repairs to the extent that no insurance
proceeds or insufficient insurance proceeds (including any deductible) are
received by Landlord for such damage. Landlord may, however, elect to make such
repairs, if in its judgment it is more practical and expeditious to do so, and
charge Tenant with the above mentioned costs. No penalty shall accrue for delays
which may arise through adjustment of insurance or for delays on account of any
cause beyond Landlord's control.

                                       17
<PAGE>

                  If more than 50% of the Premises is totally damaged or
rendered wholly untenantable by fife or any other cause, Landlord shall within
sixty (60) days of the date of such damage, decide whether or not to restore the
Premises, and give Tenant notice in writing of such decision within such period.
If Landlord elects not to restore the Premises or fails to give such written
notice to Tenant within the 60-day period above mentioned the term of this Lease
shall cease, terminate and expire upon such 6Oth day and Tenant shall vacate the
Premises and surrender the same to Landlord. Upon termination of this Lease,
under the conditions herein provided, Tenant's liability for rent shall cease
and be adjusted as of the day following the casualty. Tenant hereby expressly
waives the provisions of Section 227 of the Real Property Law and agrees that
the foregoing provisions shall govern and control in lieu thereof.

                  If, however, Landlord elects to restore the Premises and gives
notice to Tenant to such effect within the 60-day period above mentioned, then
Landlord shall have a period of up to 180 days from the date of notification by
Landlord to Tenant within which to restore the Premises to as feasibly near a
condition to that which existed prior to the damage excluding only non- Building
Standard Work or special improvements made by Tenant to the Premises. Such
180-day period shall be extended on a day-by-day basis for each day beyond the
60-day period above mentioned that Landlord does not receive the full insurance
proceeds for the damage sustained.

                  The obligation of Landlord under this Section 13 shall be
expressly subject to Section 25 on Force Majeure.

14. CONDEl'f1NATION

                  If the Premises or any part thereof shall be taken by any
public or private authority through condemnation or eminent domain, Landlord
shall immediately notify Tenant in writing.

                  If such taking reduces the Premises by more than 50% (whether
by a single taking or a series of takings) either party may terminate this Lease
at any time by written notice to the other to be given within ninety (90) days
of the date of the taking. Should Tenant or Landlord elect not to terminate this
Lease, the Rent shall be reduced from and after such taking to an amount to be
determined by multiplying the Rent which would otherwise have been due by a
fraction of which the numerator shall be the number of square feet of the
remaining portion of the Premises, and the denominator the number of square feet
of the entire Premises.

                  In the event this Lease is not terminated as above provided,
Landlord covenants and agrees to restore said Premises within 180 days of the
expiration of the 90-day period above referred to.

                  Whether this Lease is terminated or not, Landlord shall be
entitled to all the proceeds of the condemnation award with respect to the value
of the Building and/or Lot taken, and Tenant shall have no claim against
Landlord or the condemning authority for any unexpired term of this. Lease nor
for any other leasehold interests. Tenant's only claims shall be for moving
expenses and trade fIxtures.

                                       18
<PAGE>

15. CERTAIN RIGHTS RESERVED TO LANDLORD

         Landlord reserves the following rights:

                  (a) To name the Building or the Property and to change the
name or street address of the Building.

                  (b) To install and maintain a sign or signs on the exterior or
interior of the Building or on the Lot provided any such sign or signs will not
be located in the Premises except as may be required by law, regulation or
administrative enactment.

                  (c) To designate all sources furnishing sign painting and
lettering, ice, drinking water, towels, toilet supplies, vending machines,
mobile vending service, catering, and like services used on the Premises or in
the Building. Notwithstanding the foregoing and notwithstanding any prohibition
elsewhere in this Lease on cooking in the Premises, Tenant may install and use a
coffee machine, vending machines, refrigerator, stove and microwave oven for use
by employees so long as the same is not prohibited under local, state or federal
law .

                  (d) To take possession of the Premises, during the last 90
days of the term if Tenant has then vacated the Premises and prepare the same
for occupancy by another tenant or tenants.

                  (e) To constantly have pass keys to the Premises.

                  (f) On reasonable prior notice to Tenant, to exhibit the
Premises to prospective tenants and to any prospective purchaser, mortgagee, or
assignee of any mortgage on the Property and to others having a legitimate
interest during the term or any extension period hereof, if extended, upon
reasonable advance notice to Tenant.

                  (g) At any time and without notice in the event of an
emergency, and otherwise upon reasonable notice and at reasonable times, to take
any and all measures, including inspections, repairs, alterations, additions and
improvements to the Premises, the Building or to the Property, as may be
necessary or desirable for the safety, protection or preservation of the
Premises, the Building or the Property or Landlord's interests, or as may be
necessary or desirable in the operation or improvement of the Premises, the
Building or the Property or in order to comply with all laws, orders and
requirements of governmental or other authority .

16. LANDLORD'S REMEDIES

                  All rights and remedies of Landlord herein entUllerated shall
be cumulative, and none shall exclude any other right or remedy allowed by law.
In addition to the other remedies in this Lease provided, Landlord shall be
entitled to the restraint by injunction of any violation or attempted material
violation of any of the covenants, agreements or conditions of this Lease.

                                       19
<PAGE>

                   (a) BANKRUQTCY: RE-ORGANIZATION. If Tenant shall (i) apply
for or consent to the appointment ofa receiver, trustee or liquidator of Tenant
or of all or a substantial part of its assets, (ii) admit in writing its
inability to pay its DEBTS as they come due, (iii) make a general assignment for
the benefit of creditors, (iv) file a petition or an answer seeking
reorganization or arrangement with creditors or to take advantage of any
insolvency law other than the federal Bankruptcy Code, or (v) file an answer
admitting the material allegations of a petition filed against Tenant in any
reorganization or insolvency proceeding, other than a proceeding commenced
pursuant to the federal Bankruptcy Code, or if any order, judgment or decree
shall be entered by any court of competent jurisdiction, except for a bankruptcy
court or a federal court sitting as a bankruptcy court, adjudicating Tenant
insolvent or approving a petition seeking reorganization of Tenant or appointing
a receiver, trustee or liquidator of Tenant or of all or a substantial part of
its assets, and Tenant is unable to restore its fmancial position, stay any
Bankruptcy proceeding or cure any of the aforementioned events of default within
60 days after such occurrence, then, in any such event and upon the passage of
60 days thereafter, Landlord may give to Tenant a notice of intention to end the
term of this Lease specifying a day not earlier than ten (10) days thereafter,
and upon the giving of such notice the term of this Lease and all right, title
and interest of Tenant hereunder shall expire as fully and completely on the day
so specified as if that day were the date herein specifically fixed for the
expiration of the term.

                   (b) DEFAULT IN TENANT OBLIGATIONS. If Tenarlt defaults in the
payment of Rent and such default continues for 5 days after notice, or defaults
in the prompt and full performance of any other provision of this Lease and such
default continues for 30 days after notice, or if such default cannot be cured
within 30 days, Tenant does not commence to cure such default within 30 days and
diligently pursue the same to completion thereafter, or if the leasehold
interest of Tenant be levied upon under execution or be attached by process of
law and such levy or attachment is not removed within 30 days thereafter, or if
Tenant abandons the Premises and ceases to pay Rent hereunder for a period in
excess of 30 days, then and in any such event Landlord may, at its election,
either terminate this Lease and Tenant's right to possession of the Premises or,
without terminating this Lease, endeavor to relet the Premises. Nothing herein
shall be construed so as to relieve Tenant of any obligation, including the
payment of Rent, as provided in this Lease.

                   (c) SURRENDER OF POSSESSION: LANDLORD'S RIGHT TO RE-ENTER.
Upon any ternllnation of this Lease, Tenant shall surrender possession and
vacate the Premises immediately, and deliver possession thereof to Landlord, and
hereby grants to Landlord full and free license to enter into and upon the
Premises to repossess Tenant of the Premises as of Landlord's former estate and
to expel or remove Tenant and any others who may be occupying or within the
Premises and to remove any and all property therefrom, using such force as may
be necessary, without being deemed in any manner guilty of trespass, eviction or
forcible entry or detainer, and without relinquishing Landlord's right to Rent
or any other right given to Landlord hereunder or by operation of law.

                  (d) RE-LETTING. If, pursuant to the provisions of this Lease,
Landlord becomes entitled to elect, and Landlord does elect, without terminating
this Lease, to endeavor to relet the Premises, Landlord may, at Landlord's
option, enter into the Premises, remove Tenant's signs and other evidence of
tenancy, and take and hold possession thereof as in subsection ( c ) of this
section provided, without such entry and possession terminating this Lease or
releasing Tenant, in whole or in part, from Tenant's obligation to pay the Rent
hereunder for the full term as hereinafter provided. Upon and after entry into

                                       20
<PAGE>

possession without termination of this Lease, Landlord may relet the Premises or
any part thereof for the account of Tenant to any person, firm or corporation
other than Tenant for such rent, for such time and upon such terms as Landlord
shall determine to be reasonable. In any such case, Landlord may make repairs,
alterations and additions in or to the Premises, and redecorate the same to the
extent deemed by Landlord necessary or desirable, and Tenant shall, upon demand,
pay the reasonable cost thereof, together with Landlord's reasonable expenses of
the reletting. If the consideration collected by Landlord upon any such
reletting for Tenant's account is not sufficient to pay monthly the full amount
of the Rent reserved in this Lease, together with the cost of repairs,
alterations, additions, redecorating and Landlord's expenses, Tenant shall pay
to Landlord the amount of each monthly deficiency upon demand.

                   (e) DAMAGES AND ACCELERATION. If Landlord elects to terminate
this Lease for any of the reasons specified in this Section 16, it being
understood that Landlord may elect to terminate this Lease after and
notwithstanding its election to terminate Tenant's right to possession as in
subsection (b ) of this Section 16, provided Landlord shall fc;>rthwith upon
such termination be entitled to recover as damages, and not as a penalty, an
amount equal to the then present value of the Rent provided in this Lease for
the residue of the stated term hereof, less the present value of the fair rental
value of the Premises for the residue of the stated term. The discount rate used
to calculate present value shall be 10%.

                   If, however, Tenant has defaulted in the payment of Rent, or
in failing to keep in effect the insurance required under Section 7 or by
subletting the Premises or assigning this Lease in violation of Section 9, then
Landlord may terminate this Lease, and accelerate all Rent due hereunder from
the date of such default through the end of the term of this Lease or any
extension period; if extended, and demand immediate payment in full of all Rent
as so accelerated.

                   (t) TENANT'S PERSONAL PRO~TLY. Any and all property which may
be removed from the Premises by Landlord pursuant to the authority of this Lease
or of law, to which Tenant is or may be entitled, may be handled) removed or
stored by Landlord at the risk, cost and expense of Tenant, and Landlord shall
in no event be responsible for the value, preservation or safekeeping thereof.
Tenant shall pay to Landlord) upon demand, any and all expenses incurred in such
removal and all storage charges against such property .Any such property of
Tenant not removed from the Premises or retaken from storage by Tenant within
thirty (30) days after the end of the term or of Tenant's right to possession of
the Premises, however terminated, shall be conclusively deemed to have been
forever abandoned by Tenant and either may be retained by Landlord as its
property or may be disposed of in such manner as Landlord may see fit.

                  (g) LANDLORD'S RIGHT TO PERFORM TENANT'S OBLIGATIONS. Tenant
agrees that if it shall at any time fail to make any payment or perform any
other act on its part to be made or performed under this Lease, Landlord may,
but shall not be obligated to, and after reasonable notice or demand and without
waiving, or releasing Tenant from, any obligation under this Lease, make such
payment or perform such other act to the extent Landlord may deem desirable) and
in connection therewith, Landlord may pay expenses and employ counsel. If legal
action is required to enforce performance by Tenant of any condition, obligation

                                       21
<PAGE>

or requirement hereunder, the COSTS of any such action including attorneys' fees
will be paid solely by the party not prevailing in such action. All sums so paid
by Landlord and all expenses in connection therewith, together with interest
thereon at the maximum rate permitted by law from the date of payment, shall be
deemed Additional Rent hereunder and payable at the time of any installment of
Rent thereafter becoming due and Landlord shall have the same rights and
remedies for the non-payment thereof, or of any other Additional Rent, as in the
case of default in the payment of Rent.

17. LATE CHARGE

                  A late charge shall be due and owing on any installment of
Rent not received by Landlord by the fifth (5th) day of the calendar month in
which due and on any monetary obligation of Tenant or charge due from Tenant not
paid by Tenant when due. Such late charge shall equal four percent (4%) of the
then unpaid monthly Rent, shall be billed by Landlord to Tenant with the Rent
for the calendar month next following and shall be paid by Tenant together with
the Rent due for such month.

18. SUBORDINATION OF LEASE

                   The rights of Tenant under this Lease shall be and are
subject and subordinate at all times to all ground leases, and/or underlying
leases, if any, now or hereafter in force against the Property , and to the lien
of any mortgage or mortgages now or hereafter in force against such leases and
or the Property, and to all advances made or hereafter to be made upon the
security thereof, and to all renewals, modifications, consolidations,
replacements and extensions thereof. This Section is self-operative and no
further instrument of subordination shall be required. In confirn1ation of such
subordination, however, Tenant shall promptly execute such further instruments
as may be requested by Landlord. Tenant, at the option of any mortgagee, agrees
to attorn to such mortgagee in the event of a foreclosure sale or deed in lieu
thereof.

19. NOTICES AND CONSENTS

                  All notices, demands, requests, consents or approvals
(collectively, "Notice") which mayor are required to be given by either party to
the other shall be in writing and shall be deemed given on the third (3rd) day
after the date of postmark when sent by United States Certified or Registered
Mail, postage prepaid return receipt requested or if delivered by hand, on the
date of delivery against receipt.

                                       22
<PAGE>

Such Notice shall be mailed or delivered as follows:

(a) IF TO TENANT:
    -------------

(until the Commencement Date, thereafter such Notice shall be
mailed or delivered to Tenant at the Premises)

                                 SKYCOM CORPORAnON
                                 14 Franklin Street
                                 Rochester, New York 14604

(b ) IF TO LANDLORD:
     ---------------
                                 210 Reynolds Arcade Building
                                 Rochester, New York 14614
                                 Attn: Mr. Robert Gordon

with a copy to:
                                 Woods, Oviatt, Gilman,
                                 Stunnan & Clarke LLP
                                 700 Crossroads Building
                                 2 State Street
                                 Rochester, New York 14614
                                 Attn: Mitchell S. Nusbaum, Esq.

                  The parties may by \\Titten notice to the other designate a
different person or entity to receive notices hereunder and/or a different
address or addresses. If the term Tenant as used in this Lease refers to more
than one person any Notice given as aforesaid to anyone of such persons shall be
deemed to have been duly given to Tenant.

20. NO EST A TE IN LAND

                  This contract and Lease shall create the relationship of
landlord and tenant between Landlord and Tenant; no estate shall pass out of
Landlord; and Tenant has only a usufruct which is not subject to levy and sale.

21. INV ALIDITY OF PARTICULAR PROVISIONS

                  If any clause or provision of this Lease is or becomes
illegal, invalid, or unenforceable because of present or future laws or any rule
or regulation of any governmental body or entity, effective during its tenn, the
intention of the parties hereto is that the remaining parts of this Lease shall
not be affected thereby unless such invalidity is essential to the rights of
either party in which event Landlord shall have the right to terminate this
Lease on written notice to Tenant.

                                       23
<PAGE>

22. WAIVER OF TRIAL BY JURY

                   It is mutually agreed by and between Landlord 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 on any matters whatsoever arising out of or in any way
connected with this Lease, the relationship of Landlord and Tenant, Tenant's use
or occupancy of the Premises, and any emergency statutory or any other statutory
remedy.

23. ~SCELLANEO US T AXES

                   Tenant shall pay prior to delinquency all taxes assessed
against or levied upon its occupancy of the Premises, or upon the fixtures,
furnishings. equipment and all other personal property of Tenant located in the
Premises other than those furnished and paid for by Landlord, if nonpayment
thereof shall give rise to a lien on the real, estate, and when possible Tenant
shall cause said fixtures, furnishings, equipment and other personal property to
be assessed and billed separately from the property of Landlord. In the event
any or all of Tenant's fixtures, furnishings, equipment and other personal
property, or upon Tenant's occupancy of the Premises, shall be assessed and
taxed with the property of Landlord, Tenant shall pay to Landlord its share of
such taxes within ten (10) days after delivery to Tenant by Landlord of a
statement in writing setting forth the amount of such taxes applicable to
Tenant's occupancy or fixtures, furnishings, equipment or personal property.
Landlord shall pay any and all Real Estate Taxes assessed and levied against the
Property, in each case prior to the respective delinquency dates thereof. If
such taxes may be paid in installments, Landlord shall have the right to do so.

24. BROKERAGE

                   Tenant represents and warrants that it has dealt with no
broker, agent or other real estate sales person in connection with this Lease.
Tenant agrees to indemnify and hold Landlord hannless from and against any
claims by any broker, agent or other real estate sales person claiming a
commission or other form of compensation by virtue of this Lease or of having
dealt with Tenant with regard to this leasing transaction. The provisions of
this Section shall survive the tem1ination of this Lease.

25. FORCE MAJEURE

                   Except as otherwise provided in this Lease and except as to
the payment of Rent or other monies due under this Lease neither party shall be
responsible for delays or inability to perform its obligations hereunder for
causes beyond the control of such party including acts of other tenants,
governmental restriction, regulation or control, labor dispute, accident,
mechanical breakdown, shortages or inability to obtain labor, fuel, steam,
water, electricity or materials, acts of God, enemy action, civil commotion, or
fire or other casualty .

                                       24
<PAGE>

26. REPETITIVE DEF AUL TS

                  In the event Tenant shall default (i) more than twice in any
twelve month period by failing to pay Rent on or before the 5th day of the month
when due or (ii) more than twice in any six month period in the performance of
any of its other obligations under this Lease, then, notwithstanding that such
defaults shall have each been cured within the applicable grace period, Tenant
shall no longer be entitled to any written notice and grace period for a
subsequent default but such default sqall be deemed deliberate and Landlord may
thereafter enforce this Lease at law and/or in equity .

27. DIRECTORY AND SIGNAGE

                  Tenant shall have the right to have its name and suite number
listed in the lobby directory, if any, located in the lobby of the Building. All
such listings shall be in such size, lettering, color and form as are prescribed
by Landlord from time to time.

28. SPECIAL STIPULATIONS

                   (a) No receipt of money by Landlord from Tenant after the
tennination of this Lease or after the service of any notice or after the
commencement of any suit or after fmal judgment for possession of the Premises
shall reinstate, continue or extend the term of this Lease or affect any such
notice, demand or suit or imply consent for any action for which Landlord's
consent is required.

                   (b ) No waiver of any default of Tenant or of Landlord
hereunder shall be implied from any omission by Landlord or Tenant, as the case
may be, to take any action on account of such default if such default persists
or be repeated, and no express waiver shall affect any default other than the
default specified in the express waiver and that only for the time and to the
extent therein stated.

                   (c) The term "Landlord" as used in this lease, so far as
covenants or agreements on the part of Landlord are concerned, shall be limited
to mean and include only the owner or owners of Landlord's interest in this
Lease at the time in question, and in the event of any transfer or transfers of
such interest Landlord herein named (and in case of any subsequent transfer, the
then transferor) shall be automatically freed and relieved from and after the
date of such transfer of all personal liability from events which occur after
the date of transfer. Any such release of Landlord under this section shall
become effective only at such time as Landlord's transferee is deemed to be
bound to the tenns and provisions of this Lease. It is understood, however, that
Landlord shall reimburse Tenant for any overpayments of Rent made by Tenant
prior to the assignment and any prepayment of Rent for months subsequent to the
assignment.

                  (d) It is understood that Landlord may occupy portions of the
Building in the conduct of Landlord's business. In such event, all references
herein to other tenants of the Building shall be deemed to include Landlord as
an occupant.

                                       25
<PAGE>

                  (e) 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 dispossessed or removed from the Premises because of default by Tenant
pursuant to the covenants or agreements contained in this Lease.

                  (t) Tenant specifically agrees to look solely to Landlord's
equity interest in the Property for recovery of any judgment against Landlord.
There shall be absolutely no personal liability of persons, partnerships, fInns,
corporations or other entities who at any time constitute the Landlord with
respect to any of the tenns, covenants, conditions and provisions of this Lease.

                  (g) The parties acknowledge that each party and its respective
counsel have reviewed this Lease and that no rule of construction to the effect
that any ambiguities are to be resolved against the drafting party shall be
employed in the interpretation of this Lease or any amendment or exhibits
hereto.

                   (h) This Lease SETS forth all the covenants, promises,
agreements, conditions and understandings between Landlord and Tenant concerning
the Premises. There are no oral agreements or understandings between the parties
hereto affecting this Lease and this Lease supersedes and cancels any and all
previous negotiations, arrangements, agreements and understandings between the
parties hereto with respect to the subject matters hereof, and none thereof
shall be used to interpret or construe this Lease. Except as otherwise herein
expressly provided, no subsequent alteration, amendment, change; waiver or
addition to or of any provision of this Lease, nor any surrender of the Term,
shall be binding upon Landlord or Tenant unless reduced to writing and signed by
the party against whom the same is charged or such party's successors in
interest.

29. QillET ENJOYMENT

                  So long as Tenant shall observe and perform the covenants and
agreements binding on it hereunder and shall not be in default beyond any
applicable grace period, Tenant shall at all times during the term herein
granted peacefully and quietly have and enjoy possession of the Premises without
any encumbrance or hindrance by, from or through Landlord.

30. ESTOPPEL CERTIFICATE BY TENANT

                  Landlord and Tenant agree that from time to time upon not less
than five (5) days prior request of the other, to deliver to the party making
the request a statement in writing certifying (a) 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 identifying the modifications), (b)
the dates to which the Rent and other charges have been paid, and ( c ) that, so
far as the person making the certificate knows, the other party is not in
default under any provision of this Lease, or if such were not to be the fact,
then certifying such default of which the person making the certificate may have
knowledge, it being understood that any such certificate so delivered may be
relied upon by any landlord under any ground or underlying lease, or any
prospective purchaser, lender, mortgagee, or any assignee of any mortgage on the
Property or any party purchasing the assets of Landlord or Tenant, as the case
may be, or acquiring the same by merger, succession or otherwise.

                                       26
<PAGE>

31. SECURITY DEPOSIT

                   Tenant will deposit with Landlord concurrently with executing
this Lease the sum of SIX THOUSAND TWO HUNDRED FIFTY and 00/lOO DOLLARS
($6,250.00) as security for the full and faithful peiformance of every provision
of this Lease to be peiformed by Tenant. If Tenant defaults with respect to any
provision of this Lease, including but not limited to the provisions relating to
the payment of Rent, Landlord may use, apply or retain all or any part of this
security deposit for the payment of any Rent or any other sum in default or for
the payment of any other amount which, Landlord may spend or become obligat~d to
spend by reason of Tenant's default, or to compensate Landlord for any other
loss, cost or damage which Landlord may suffer by reason of Tenant's default. If
any portion of said deposit is to be used or applied, Tenant shall, within five
(5) days after written demand therefor, deposit cash with Landlord in an amount
sufficient to restore the security deposit to its original amount and Tenant's
failure to do so shall be a breach of this Lease. Landlord shall not be required
to keep this security deposit separate from its general funds, or to pay
interest to Tenant. If Tenant shall fully and faithfully peiform every.
provision of this Lease to be peiformed by it, the secUrity deposit or any
balance thereof shall be returned to Tenant (or, at Landlord's option, to the
last transferee of Tenant's interest hereunder) after the expiration of the
Lease term and after Tenant's vacation of the Premises. If Landlord transfers
the security deposit to a transferee of the Building of Landlord's interest
therefrom then such transferee (and not Landlord) shall be liable for its
return.

32. RENEW AL OPTION

                  Landlord hereby grants to Tenant the conditional right,
exercisable at Tenant's option, to renew the term of this Lease for one ( 1)
term of five (5) years. If exercised, and if the conditions applicable thereto
have been satisfied, the renewal term (the "Renewal Term") shall commence
immediately following the end of the initial term of this Lease. The right of
renewal herein granted to Tenant shall be subject to, and shall be exercised in
accordance with, the following terms and conditions:

                   (a) Tenant shall exercise its right of renewal with respect
to the Renewal Term by giving Landlord written notice thereof not later than
twelve (12) months prior to the expiration of the then-current term of this
Lease (the "Renewal Notice"). During the Renewal Term, all terms and conditions
of this Lease shall remain the same, except that the Annual Base Rent during the
fIrst Lease Year of the Renewal Term shall be equal to 103% of the Annual Base
Rent in effect immediately prior to the Renewal Term and the Annual Base Rent
for each subsequent Lease Year shall continue to escalate above the Annual Base
Rent for the immediately preceding Lease Year by three percent (3%). If Tenant
timely and validly exercises its right of renewal for the Renewal Term, then
Landlord and Tenant shall promptly enter into an amendment to this Lease
reflecting the terms described above.

                                       27
<PAGE>

                  (b) If the Renewal Notice is not given timely, then Tenant's
rights of renewal pursuant to this Section shall lapse and be of no further
force or effect.

                  (c) If Tenant has defaulted under this Lease on the date the
Renewal Notice is given to Landlord or at any time prior to the commencement of
the Renewal Term, then, at Landlord's option, the Renewal Term shall not
commence and the term of the Lease shall expire at the expiration of the
then-current term of this Lease.

                  (d) If at any time thirty percent (30%) or more of the
Premises has been subleased or assigned to any party, then Tenant's rights
pursuant to this Section shall lapse and be of no further force or effect.

                  (e) Tenant's right of renewal under this Section may be
exercised by Tenant only and may not be exercised by any transferee, sublessee
or assignee of Tenant.

33. FINANCIAL STATEMENTS

                  Tenant shall provide Landlord with fmancial statements
detailing the financial condition of Tenant. Such statements shall be provided
on an annual basis (or more frequently if requested by Landlord) and shall be
verified by the affidavit of Tenant or if the same be a corporation by an
affidavit of its principal executive officer. Tenant shall further provide
Landlord such additional financial statements in such form and such
certifications as Landlord may from time to time reasonably request.

34. RECYCLING PROGRAM

                  Landlord has instituted a recycling program for various types
of non-hazardous waste products Tenant and Tenant's employees, guests and
invitees will generate on the Premises. Tenant and Tenant's employees, guests
and invitees agree to adhere to any and all rules and regulations and any future
expense or surcharge Landlord may promulgate with respect to the recycling
program and to actively participate in the program.

35. ENTIRE AGREEMENT

                   This Lease sets forth all the covenants, promises,
agreements, conditions and understandings between Landlord and Tenant concerning
the Premises. There are no oral agreements or understandings between the parties
hereto affecting this Lease, and this Lease supersedes and cancels any and all
previous negotiations, arrangements, agreements and understandings between the
parties hereto with respect to the subject matters hereof, and none thereof
shall be used to interpret or construe this Lease. Except as otherwise herein
expressly provided, no subsequent alteration, amendment, change, waiver or
addition to or of any provision of this Lease, nor any surrender of the Term,
shall be binding upon Landlord or Tenant unless reduced to writing and signed by
the party against whom the same is charged or such party's successors in
interest.

                                       28
<PAGE>

36. AUTHORITY

                  TENANT WARRANTS AND REPRESENTS THAT IT HAS FULL POWER AND
AUTHORITY TO EXECUTE THIS LEASE ON BEHALF OF TENANT AND THAT THIS LEASE, ONCE
EXECUTED BY THE SIGNATORY OF TENANT, SHALL CONSTITUTE a LEGAL AND BINDING
OBLIGATION OF TENANT AND IS FULLY ENFORCEABLE IN ACCORDANCE WITH ITS TENNS.

37. EXHIBITS

         EXHIBIT " A " IS ATTACHED HERETO AND IS a PART OF THIS LEASE.

                  IN WITNESS WHEREOF, LANDLORD AND TENANT HAVE RESPECTIVELY
SIGNED AND SEALED THIS LEASE as OF THE DAY AND YEAR FIRST ABOVE WRITTEN.

                                             LANDLORD
WITNESS:
                                             REYNOLDS II, L.P .

                                             BY:     /S/
                                             TITLE:

WITNESS:

                                             IENANI
                                             SKYCOM CORPORA TION

                                             BY: /S/
                                             TITLE:

                                       29
<PAGE>

                                   EXMBIT "A"
                                   ----------

                                   FLOOR PLAN
                                   ----------

                                       30
<PAGE>

                              FIRST FEDERAL PLAZA

                               [Floor Plan Here]

                          21ST FLOOR -LOWER FLOOR PLAN

                                       31
<PAGE>

                              FIRST FEDERAL PLAZA

                               [Floor Plan Here]

                          21ST FLOOR -UPPER FLOOR PLAN

                                       32
<PAGE>

                              FIRST FEDERAL PLAZA

                               [Floor Plan Here]

                          21ST FLOOR -UPPER FLOOR PLAN

                                       33<PAGE>
EXHIBIT 10.3

                                  OFFICE LEASE
                               ROCHWIL ASSOCIATES
                                       TO
                            TIMELY INFORMATION CORP.
                             FOR PREMISES KNOWN AS:
                              Suites 1153 and 1155
                              Sibley Tower Building
                               25 Franklin Street
                               Rochester, NY 14614

TABLE OF CONTENTS
ARTICLE 17 SIGNS                                                          13
Section 17.1 -Signs.                                                      13
ARTICLE 18 ACCESS TO PREMISES                                             14
Section 18.1 -Landlord's Entry on Premises                                14
ARTICLE 19 -SUBORDINATION                                                 14
Section 19.1 -Subordination                                               14
ARTICLE 20 NOTICES                                                        15
Section 20.1 -Notices.                                                    15
ARTICLE 21 -WAIVER                                                        15
Section 21 .1 -Waiver.                                                    15
ARTICLE 22 -PROVISIONS BINDING, ETC                                       15
Section 22.1 -Provisions Binding.                                         15
ARTICLE 23 SURRENDER OF PREMISES                                          16
Section 23.1 -Surrender of Premises.                                      16
Section 23.2 Holdover.                                                    16
ARTICLE 24 -SECURITY DEPOSIT -INTENTIONALL y DELETED                      16
ARTICLE 25 MISCELLANEOUS PROVISIONS                                       16
Section 25.1 -Consent of Landlord.                                        16
Section 25.2 Corporate Authority.                                         16
Section 25.3 Successors.                                                  16
Section 25.4 Brokers.                                                     16
Section 25.5 Riders; Exhibits.                                            16
Section 25.6 Interpretation of Lease.                                     17
Section 25.7 Entire Agreement.                                            17
Section 25.8 Captions; Titles.                                            17
Section 25.9 Singular and Plural                                          17
Section 25.10 -Joint and Several Obligations.                             17
Section 25.11 -Severability.                                              17
Section 25.12 Tenant and Landlord.                                        17
Section 25.13 -Release.                                                   18
Section 25.14 Rules and Regulations                                       18
EXHIBIT A -FLOOR PLAN OF PREMISES                                         20
         EXHIBIT B -LANDLORD IMPROVEMENTS
EXHIBIT C -TENANT IMPROVEMENTS                                            22

<PAGE>

                                      LEASE

THIS LEASE ("Lease") is made March 12, 1999 by and between ROCHWIL ASSOCIATES,
having an address of 1265 Scottsville Road, Rochester, New York,.] 14624
("Landlord") and TIMELY INFORMATION CORP. .a New York corporation, having an
address of 3400 West Ridge Road. Suite 5-314. Rochester. New York 14626
("Tenant"). This Lease is granted and accepted upon the terms, covenants and
conditions herein contained, and each of the parties agree to perform and
observe all terms, covenants and conditions hereof to be performed on their
part.

ARTICLE 1. -PREMISES

Section 1 .1 -Description of Leased Premises.

The Sibley Tower Building ("Sibley Tower") is a portion of a multi-use facility
known hereafter as the "Sibley Complex", situate in the City of Rochester,
County of Monroe and State of New York and which is identified on Exhibit A
attached hereto (the "Building"). Landlord leases to Tenant and Tenant leases
from Landlord square feet of space on the eleventh (11th) floor of the Sibley
Tower, known as Suites 1153 and 115.5 (the "Premises").

Section 1.2 -Option to lease alternate or additional space:

Provided Tenant is not then in default under the terms of this Lease, at any
time prior to the expiration of this Lease Term shall have the option to lease
either (i) additional; or (ii) or alternative space in the Sibley Tower. Tenant
shall notify Landlord in writing of its election to lease additional or
alternative space.
(a) In the event Tenant elects to lease additional space,
Tenant shall also have the option of surrendering possession of either Suite
1153 or Suite 1155, provided, however, that the total square footage of the
remaining Suite, together with the total square footage of any new leased space
shall exceed the total square footage of the leased premises set forth herein.
Landlord and Tenant shall enter into a Lease Agreement for such additional space
upon terms and conditions to be negotiated prior to execution of such Lease
Agreement. Upon execution of such Lease Agreement by both parties, this Lease
Agreement shall be terminated and of no further force and effect.
(d) Landlord shall be under no obligation to Lease additional or alternative
space to Tenant, and the failure by the parties to reach a satisfactory
agreement as to the terms and conditions of any Lease Agreement for additional
or alternative space shall not give Tenant the right to terminate this Lease
Agreement.

Section 1.3 -Common Areas.

Landlord grants to Tenant the common and non-exclusive right to use those
areas and facilities located outside the Premises and within the Building which
are provided for and designated by Landlord from time to time for the general
use and convenience of Tenant and other occupants in the Building. The use of
such areas and facilities shall be subject to the terms, covenants and
conditions herein contained, including such reasonable rules and regulations as
1.
(b) In the event Tenant elects to Lease alternative space, Tenant shall
surrender possession of Suites 1153 and 1155, provided, however, that the total
square footage of any new leased space shall exceed the total square footage of
the leased premises set forth herein. Landlord and Tenant shall enter into a
Lease Agreement for such alternative space upon terms and conditions to be
negotiated prior to execution of such Lease Agreement. Upon execution of such
Lease Agreement by both parties, this Lease Agreement shall be terminated and of
no further force and effect. (c) It is expressly understood that the option set
forth in this Section 1.2 is exclusive to Tenant hereunder and may not be
assigned or exercised by any other assignee or sublease permitted under the
Lease.

<PAGE>

Landlord may establish from time to time upon not less than thirty (30) days
notice, which rules and regulations shall be uniformly enforced.

ARTICLE 2. -TERM.

Section 2.1 -Term.

The Term of this Lease shall commence on April 1. 1999, or the earlier of: (a)
sixty (60) days after notice from Landlord delivering possession of the Premises
to Tenant; (b) sixty (60) days after the date Tenant, its employees, agents or
contractors first enters the Demised Premises; or (c) the date that the Tenant
opens the Demised Premises for business (hereinafter the "Term Commencement
Date"), and shall expire on June 30.2004, unless sooner terminated or extended
as provided in this Lease. The first "Lease Year" is defined to be the period
beginning with the Term Commencement Date and ending on the last day of the
twelfth full calendar month thereafter. Subsequent Lease Years shall be
consecutive periods of twelve (12) full calendar months following the first
Lease Year. All the provisions of this Lease shall apply during the period prior
to the T erm of this Lease.

ARTICLE 3. -RENT.

Section 3.1 -Rent and Payment of Rent.

         (e) Tenant covenants to pay to Landlord or Landlord's designated agent
at its office, or at a place and in a manner otherwise designated by Landlord,
as rent for said Premises during the Lease Term, annual minimum guaranteed
rental (hereinafter "Minimum Rent"), payable in advance in equal monthly
installments on the first day of each and every month, without demand and
without offset or deduction, as follows: Lease Year:
Annual Rent:
Monthly Installments:
1 3
4-5
$10,992.00
$11,450.00
$916.00
$954.17
         (f) The Minimum Rent for any partial month shall be prorated based on
the number of days in the month in which the Term Commencement Date occurs.
Minimum Rent, Additional Rent and all other charges and/or payments due under
this Lease must be paid in lawful money of the United States of America.
         (g) In the event Tenant fails to make any rent payment (including but
not limited to, Minimum Rent, Additional Rent, or construction charges, all as
defined herein), in the full amount when same is due and payable, Tenant agrees
to pay a late fee of two percent (2%) of the unpaid portion of said rent, for
that month, from and after the date on which any such sum shall be due and
payable. Such late fee, together with a late charge of $100.00 for each and
every past due notice to cover the additional administrative expenses in
processing late payments, shall be immediately due and payable to the Landlord.
In no event shall this provision be deemed to grant Tenant any grace period or
extension of time to pay any rent as invoiced, nor shall it prohibit or bar
Landlord from exercising any of its rights hereunder. Tenant further agrees that
an administrative fee of $50.00 shall be due for each and every dishonored check
tendered by Tenant as payment of any rent. Tenant further agrees that in the
event Tenant tenders to Landlord two (2) or more checks during the Term of this
Lease which are subsequently dishonored, then, in that event, all checks
thereafter submitted by Tenant for the payment of any charge as set forth in
<PAGE>

this Lease shall, at Landlord's option, be required to be made in good and
sufficient funds or in a form acceptable to Landlord (i.e., certified check,
cashier's check, bank secretary's check, or bank draft). For purposes of this
Lease, Additional Rent shall be defined as any payment required to be made by
Tenant under the provisions of this Lease, including the Exhibits and any rider
annexed hereto, other than Minimum Rent. Additional Rent shall be due and
payable without demand and without offset or deduction.

Section 3.2 -Rent Credit

Notwithstanding anything combined herein to the contrary, provided Tenant is not
in default of this Lease and no condition exists, which with the giving of
notice, or passage of time would constitute a default of this Lease, and Tenant
opens for business in the Demised ~remises within the time specified in Section
2 of this Lease, Tenant shall not be required to commence Minimum Rent payment,
as set forth herein, until three (3) months after the date the term commences
under the Lease Agreement ("~abatement Period"). Tenant shall, however, from the
Term Commencement Date of this Lease Agreement -be liable for and pay its
proportionate share of Taxes Common Area Maintenance, Marketing Fund expenses
and any and all other charge~ for which Tenant IS liable under the terms and
conditions of this Lease Agreement. Upon the occurrence of a default by Tenant
during the first three (3) months of this Lease Term the Abatement Period shall
be deemed to have fully expired, all future Minimum Rent shall begin to accrue
as of the date of said default and any rents which were otherwise due but for
the provisions of the preceding paragraph, shall immediately be due and payable
as of the date of said default.

ARTICLE 4. -POSSESSION BY TENANT

Section 4.1 -Delivery of Possession

         Possession of the Premises shall be delivered to Tenant on the Lease
Commencement Date, provided, however, that:
If for any reason whatsoever, the Landlord is unable to deliver possession of
the Premises on the Lease Commencement Date, (i) Landlord shall not be liable
for any damages caused for failing to deliver possession; (ii) Tenant shall not
have the right to rescind this Lease; and (iii) no such failure shall in any way
effect the validity of this Lease or the obligations of the Tenant hereunder.
Tenant shall not be liable for Minimum Rent or Additional Rent until Landlord
delivers possession of the Premises to Tenant, but such Minimum Rent and
Additional Rent shall become payable on a per diem basis from the date that
possession is delivered to Tenant.

Section 4.2 -Acceptance of Premises

The taking possession of the Premised by the Tenant shall be conclusive evidence
as against the Tenant that said Premises and the Sibley Tower were in good and
satisfactory condition and fully completed in accordance with the terms of this
Lease at the time such possession was so taken.

ARTICLE 5. -CONSTRUCTION OF IMPROVEMENTS

Section 5.1 -Obligations of Landlord

Landlord agrees to complete the construction set forth in Accordance with the
provisions of this Lease.

Exhibit B, if any, in Section 5.2 Obligations of Tenant.
<PAGE>

The Tenant will perform the balance of the construction work necessary to
prepare the Premises for its use, which work shall be as set forth on Exhibit C
(Tenant's Improvements ) and shall include all other items of work not
specifically set out as Landlord's Improvements as set forth in Exhibit B.
Tenant covenants and agrees that any construction work, alterations, additions,
improvements, repairs, installations of fixtures or other equipment, or any
other work, in on or to the Premises shall be performed by contractors and
subcontractors which (i) are bound by and signatory to an applicable collective
bargaining agreement; and (ii)observe area standards for wages and other terms
and conditions of employment, including fringe benefits.

ARTICLE 6 USE; USE RESTRICTIONS

Section 6.1 -Use.

Tenant will use the Premises for general purpose whatsoever office purposes and
for no other

Section 6.2 Use Restrictions.

Tenant's use of the Premises as provided in this Lease shall be in accordance
with the following:

(1) Tenant shall not do, bring or keep anything in or about the Premises or the
~building that with cause a cancellation of any insurance covering the Building,
other Improvements and real property of which the Premises are a part. (2)
Tenant will comply with all regulations, ordinances and laws concerning the
Premises and Tenant's use of the Premises including, without limitation, the
obligation of Tenant's cost and expense to maintain, alter or restore the
Premises as necessary to comply and conform with all regulations, ordinances and
laws relating to the condition, use, or occupancy of the Premises during the
Term. Upon the failure by Tenant to so comply, Landlord may, upon two (2) days
notice, enter the Premises and make any alterations, structural or otherwise,
reasonably necessary to comply with the relevant regulations, ordinances or
laws. Tenant agrees that the cost incurred by Landlord in making said necessary
alterations, structural or otherwise, shall be deemed Additional Rent and shall
be due and owing as Additional Rent for the Premises for the month next
following completion of the alterations. (3) Tenant shall not use the Premises
in any manner that will constitute waste, nuisance or unreasonable annoyance to
other tenants in the Building.
(4) Tenant shall not use the Premises for living quarters, sleeping apartments,
lodging rooms or other residential purposes. (5) Tenant shall not use the
Premises for cooking, or the preparation, manufacture or mixing of anything that
might emit any odor or objectionable noises or lights into or about the
Building, other improvements and land of which the Premises are a part, except
the use of Tenant's kitchen facilities. (6) Tenant shall not do anything on the
Premises that will cause damage to the Building or other improvements, or the
real property of which the Premises are a part. (7) Tenant shall not use,
generate, manufacture, refine, store, treat, transport, keep or dispose of, nor
allow any of its agents, servants, employees or contractors to use, generate,
manufacture, refine, store, treat, transport, keep or dispose of any substance
on or from the Demised Premises or the Shopping Center that is considered a
hazardous substance under any Federal, State or local law. In the event Tenant
violates this Section Tenant shall, at its sole cost and expense, remove such
substance in accordance with applicable law. (8) Tenant shall not operate any
coin or token operated vending machine or similar device for the sale of any
goods, wares, merchandise, food, beverages, or services, without the prior
written consent of Landlord except machines or devices for employees'
convenience, including, but not limited to, pay lockers, pay toilets, scales,
amusement devices or machines for the sale of beverages, foods, candy, tobaccos,
or other commodities.
<PAGE>

ARTICLE 7 -MAINTENANCE

Section 7. 1 -Landlord's Maintenance

Except as provided in Section 7.2 and Articles 13 and 14, or unless due to the
negligence or willful misconduct of the Tenant, its agents, servants,
contractors, subcontractors or employees, Landlord shall maintain and repair, or
cause to have maintained or repaired, in good condition, the following: (1) The
structural parts of the Building, which structural parts include the
foundations, bearing and exterior walls, sub flooring and roof; (2) The
electrical, plumbing and sewage systems and fixtures, including, without
limitation, those portions of the systems lying outside the Premises; (3) Window
frames, gutters and downspouts on the Building; and (4) Premises; Heating,
ventilating and air-conditioning systems and fixtures servicing the (5) The
Common Areas of the Sibley Complex of which the Premises are a part.

Section 7.2 -Tenant's Maintenance

Except as provided in Section 7.1 and Articles 13 and 14, Tenant, at is cost and
expense, shall maintain in good condition all portions of the Premises. Tenant
shall be liable for any damage to the Premises or the Building or other
improvements of which the Premises are a part, resulting from the acts or
omissions of Tenant, its agents or employees, or from Tenant's failure to
perform its obligations under this Section 7.2. Tenant shall promptly, on
demand, reimburse Landlord for the full cost and expense of repair and/or
replacement of all such damage, which cost and expenses shall be due and owing
as Additional Rent for the Premises for the month next following.

ARTICLE 8 -AL TERA TIONS

Section 8.1 -Alterations.

Tenant shall have the right to make interior, non-structural changes not visible
from the exterior of the Building of which the Demised Premises form a part, at
a cost not to exceed $20,000.00, without the prior consent of Landlord provided
Tenant gives Landlord written notice of such work not less than thirty (30) days
prior to its commencement and submits plans for such alterations to Landlord for
Landlord's records only.
Any other alterations, additions or improvements in, or to the Demised Premises,
of any kind or nature whatever, desired by the Tenant may be done by the Tenant,
at its own cost and expense, only upon satisfaction of the following terms and
conditions:

         (1) The Tenant shall first notify the Landlord, in writing, specifying
in detail the alterations or additions contemplated;

         (2) Such notice shall be accompanied bya plan, blueprint or diagram
showing such proposed alterations or additions;

         (3) The Landlord shall, within a reasonable time, indicate in writing
its approval or disapproval of said contemplated alterations or additions and
may require prior to such approval or disapproval additional specifications
and/or data. Landlord's consent may be granted or withheld in Landlord's sole
discretion. If the cost of any alterations or additions exceeds Twenty Thousand
Dollars ($20,000.00), then Tenant shall furnish Landlord with a bond
indemnifying Landlord against any and all claims, losses or damages resulting
from the failure of the Tenant, its agents, servants, employees or independent
contractors to fully complete said alterations or additions in accordance with
<PAGE>

said plan or blueprint, or to fully pay therefore, or to remove or bond any and
all mechanic's liens filed against the Demised Premises or the Building, for
claims for work done or materials furnished, it being understood that Tenant's
failure to remove or bond any such lien within ten (10) days after notice of
filing thereof shall in and of itself constitute damage to the Landlord in the
amount of said lien and any expenses it may be put to in removing the same,
including attorneys' fees. Such policy and such bond shall be in a recognized
insurance company or surety company authorized to do business in the State
wherein the property is located. Any alterations made (except Tenant's
equipment, furniture, merchandise and other moveable property which shall be
removed without damage to the Premises) shall remain on and be surrendered with
the Premises on expiration or termination of the Term, except that Landlord may
elect, within thirty (30) days before expiration of the Term, to require Tenant
to remove any alterations that Tenant has made to the Premises. If Landlord so
elects, Tenant, at its sole cost and expense, shall restore the Premises to the
condition designated by Landlord in its election, before the last day of the
Term, or within fifteen (15) days after notice of election is given, whichever
is later.

Tenant covenants and agrees that any alterations, additions, improvements,
repairs, installations of fixtures or other equipment, or any other work, in on
or to the Premises shall be performed by contractors and subcontractors which
(i) are bound by and signatory to an applicable collective bargaining agreement;
and (ii) observe area standards for wages and other terms and conditions of
employment, including fringe benefits.

ARTICLE 9 MECHANIC'S LIENS

Section 9.1 Mechanic's Liens

Tenant shall pay all costs for construction done by it or caused to be done by
it on the Premises as permitted by this Lease. Tenant shall keep the Building,
other improvements and real property of which the Premises are a part, free and
clear of all mechanic's liens resulting from construction done by or for Tenant.
Notwithstanding the foregoing, if any mechanic's lien is filed against the
Premises, or the improvements or the Building of which the Premises form a part,
for work claimed to have been done for, or materials claimed to have been
furnished to Tenant, it shall be discharged by Tenant within ten (10) days
thereafter, at Tenant's expense, by filing the bond required by law and, in the
event Tenant fails to satisfy or discharge the same as above provided, Landlord
may, at its option, undertake to do so. Any costs or expenses incurred by
Landlord pursuant to this Article 9 shall be repaid to Landlord on demand as
Additional Rent.

ARTICLE 10 -UTILITIES AND SERVICES

Section 1 .1 -Landlord

Landlord shall furnish or cause to be furnished to the Premises reasonable
quantities of water, electricity, heat and air conditioning as reasonably
required for Tenant's use. Tenant shall pay to Landlord in monthly installments,
as Additional Rent, Its share of the cost of such utilities. Notwithstanding the
foregoing to the contrary, Tenant shall be assigned a check meter for the
Premises, and Tenant's share of electric shall be based upon such check meter.
Landlord shall not be liable to any extent to Tenant in damages or otherwise if
anyone or more of the utilities or services Landlord is obligated to furnish, or
cause to be furnished, to the Premises IS impaired, interrupted, terminated or
varied because of any reason whatsoever, including, but not limited to,
failures, improvements, installations, "power surges", nor shall any such
<PAGE>

impairment, interruption, termination or variance in any way release Tenant form
the performance of any of its obligations under this Lease, except in the event
such condition is the result of the negligence or willful misconduct of
Landlord, its agents or employees.

Janitorial Services

Landlord shall provide the following janitorial services:
(1) In the Premises:
(a)
(b) Daily Service: spot vacuum, empty waste, clean ashtrays; Weekly Service:
vacuum carpets and dust furniture;
(c) Semi-annual Service: wash windows inside and out.
(2) In the Common Areas:
(a)
Daily Service: vacuum carpets, sanitize restrooms, dust, mop tile
floors, clean all sinks and mirrors; Janitorial services shall include only
ordinary dusting and cleaning and shall not including shampooing of carpets or
rugs, cleaning of draperies or furniture or other unusual services. Landlord
shall replace fluorescent lighting tubes and electric light bulbs when required.
(3) Semi-annual Service: wash windows inside and out.

ARTICLE 11 -WAIVER OF SUBROGATION AND INDEMNITY.

Section 11.1 -Waiver of Subrogation

Landlord hereby releases Tenant, and Tenant hereby releases Landlord, except
as to deductible amounts, to the extent of their respective fire, with extended
coverage endorsement, insurance policies from all claims for loss or damage to
the property of the other, whether or not caused by the act or negligence of the
other. If, at any time, the insurance carrier of either party refuses to write
(and if no other responsible insurance carrier will write) insurance policies
which consent to or permit such release of liability, then such party shall
notify the other party, and upon the giving of such notice, this Section 11 of
this Lease shall be void and of no effect.

Section 11.2 -Indemnity.

The Tenant agrees to and shall indemnify, hold harmless and defend the Landlord
of and from any damage or liability including cost or expense to which
Landlord may be put by reason of any injury or damage to person or property by
virtue of Tenant's use, occupancy, management, operation, possession and/or
control of the Premises or any portion thereof. However, nothing in this Lease
shall be deemed to relieve Landlord of liability for its negligence or willful
misconduct or the negligence or willful misconduct of its agents or employees in
the operation and maintenance of the Common Areas.

ARTICLE 12 -INSURANCE

Section 12. 1 -General Liability and Property Damage Insurance.

The Tenant, at its sole cost and expense, shall obtain occurrence form policies
of commercial general liability and property damage insurance which, up to the
maximum liability amounts thereof, but in no event less than the amounts
hereinafter designated, insure the Tenant, the Landlord, Landlord's management
company and its agents (and such other person(s) designated by the Landlord,
having an insurable interest) against liability for injury to persons and/or
property (and death) of any person or persons in or about the Premises or
occurring outside of the Premises but within the Sibley Complex where such
injury and/or damage results from the act or omission of the Tenant, or its
agents, servants, employees or contractors or arises out of Tenant's use of the
Demised Premises for the following periods set forth below:
<PAGE>

         (1) From the earlier of the date that Landlord delivers possession of
the Premises to the Tenant or the date that Tenant, its agents, employees or
contractor(s) first enter the Premises, until such time as construction of the
Premises is completed and Tenant is open for business, an All Risk/Builder's
Risk Completed Value form policy shall be in effect insuring Tenant, the
Landlord, Landlord's management company and its agents (and such other person(s)
designated by the Landlord, having an insurable interest) in an amount not less
than the full value of Tenant's leasehold improvements; and
         (2) From the earlier of the date that Landlord delivers possession of
the Premises to the Tenant or that the date that Tenant, its agents, employees
or contractor(s) first enter the Premises and throughout the remainder of the
Term of this Lease (including any renewals thereof) an occurrence form policy or
policies of commercial general liability insurance (including coverage
endorsements for premises and operations, products and completed operations,
contractual liability, independent contractors, liquor legal liability, if
applicable, personal injury and broad form property damage and such other types
of coverage which may be required by Landlord from time to time ). The combined
single limit of such insurance shall not be less than Three Million Dollars
($3,000,000.00) for bodily injury, death or property damage to one or more
persons per occurrence. The insurance required by this Section shall be primary
insurance and the insurer shall be liable for the full amount of any loss up to
and including the total limit of liability as set forth in the declarations page
without any right of contribution from any other insurance coverage held by
Landlord regardless of whether Landlord's coverage states that it is primary
coverage. During the Term, Tenant shall maintain in full force on all of its
trade fixtures and equipment in the Premises a policy or policies of fire
insurance insuring Landlord and Tenant with standard extended coverage
endorsements, to the extent of at least eighty percent (80%) of their insurable
value, which shall contain the proper co-insurance provisions to prevent Tenant
from being a co-insurer. Tenant shall self-insure for any deductible amounts and
any amounts in excess of Tenant's coverage. While this Lease is in effect, the
proceeds from any such policy or policies shall be used for the repair or
replacement of the items so insured. Tenant shall not obtain any separate
insurance policies which provide coverage concurrent in form or contribution to
that required in subsection 12.1(1) or (2) above unless the Landlord, its
management company and agents (and such other person(s) designated by Landlord
having an insurable interest) are also named as additional insured on such
policies. Tenant shall submit to Landlord evidence of the insurance coverages
required pursuant to this Article 12 prior to the date Tenant, or any of its
agents, servants, employees or contractors enter onto the Premises. All
insurance required to be secured by Tenant in accordance with this Article 12
shall be obtained from insurance carriers licensed to do business in New York
State possessing a rating of A or higher from the A.M. Best Company.

Certificates of such insurance, including all required endorsements, shall be
furnished to the Landlord. All such policies of insurance required of Tenant
pursuant to this Article 12 shall, in addition to Tenant, name Landlord,
Landlord's management company and agents (and such other person(s) designated by
the Landlord that have an insurable interest) as additional insured and loss
payees as their interests may appear. Each policy shall have attached thereto:
(i) an endorsement that such policy shall not be canceled or amended without at
least thirty (30) days prior written notice to Landlord and each additional
insured and (ii) an endorsement confirming that Landlord's interest there under
shall not be invalidated by any act or neglect of Tenant. Should Tenant fail to
procure such insurance and/or deliver the policy or policies or certificates
therefore to the Landlord at least ten (10) days prior to the commencement date
of the Term hereunder or ten (10) days prior to the expiration of any policy so
delivered to the Landlord, the Landlord may, at its option obtain such insurance
or any of same and the premium or premiums therefore shall be deemed to be
Additional Rent and shall be paid by Tenant on the next rent payment day.
<PAGE>

During the Term, Landlord shall maintain in full force on the Building and
leasehold improvements therein a policy or policies of fire insurance. Tenant
shall, at the inception of the Term, document to the Landlord, in writing, the
value of its leasehold improvements, it being understood that in the event of
casualty, Tenant shall be responsible for any loss to the leasehold improvements
in excess of the amount stated. In addition, Landlord shall maintain in full
force a policy or policies of public liability and property damage insurance
against liability for injury to persons and/or property (and death) of any
person or persons in or about the Common Area. Tenant may provide the insurance
required by this Article 12 under a blanket insurance policy provided Tenant's
blanket policy coverage is primary coverage and not subject to contribution from
any Landlord policy.

ARTICLE 13 -DAMAGE AND DESTRUCTION

If the Demised Premises or the Building, or any portion of either thereof, shall
be damaged during the Term by fire or any other casualty insurable under the
standard fire and extended coverage insurance policies, but are not wholly
untreatable, the Landlord shall repair and/or rebuild the same as promptly as
possible provided that the proceeds from insurance policies are made available
to Landlord. The Landlord shall not be required to repair or rebuild any of
Tenant's trade fixtures and equipment required to be insured by Tenant under
this Article 13 nor Tenant's signs. Such repairs and/or replacements are to be
made by Tenant. In such event the Lease shall not terminate but shall remain in
full force and effect and a proportionate reduction in the Minimum Rent shall be
made for the time required to make such repairs, except that there shall be no
reduction (i) during any period that the Tenant can use and occupy the Premises
without substantial inconvenience or (ii) during any period in which said
repairs are delayed at the request of or by reason of any act on the part of the
Tenant, which prevents or delays the repair of said Premises by Landlord.
Landlord's obligation to repair shall be subject to any delays from labor
troubles, material shortages, insurance claim negotiations, or any other causes,
whether similar or dissimilar to the foregoing, beyond Landlord's control.

Section 13.2 Landlord's Right To Terminate.

If the Premises are rendered wholly untenantable by fire or any other casualty
or if the Premises or the Building should be damaged or destroyed by fire or
other casualty to the extent of fifty percent (50%) or more of the monetary
value of either thereof, whether the Premises themselves be damaged or not, or
so that fifty percent (50%) or more of the floor space contained in either
thereof shall be rendered untreatable, then in any such event the Landlord may,
at its option, terminate this Lease or elect to repair or rebuild the same. If,
as a result of any damage either to the Premises or to the Building, the
Landlord determines to demolish or rebuild the Premises or the Building, then in
any such event the Landlord may also terminate this Lease. In any of the
foregoing instances the Landlord shall notify the Tenant as to its election,
within ninety (90) days after the casualty in question. If the Landlord elects
to terminate this Lease, then the same shall terminate three (3) days after such
notice is given and the Tenant shall immediately vacate the Premises and
surrender the same to the Landlord, paying rent to the time of said vacation and
surrender, subject to a proportionate abatement from the time of said damage. If
the Landlord does not elect to terminate this Lease, the Landlord shall repair
<PAGE>

and/or rebuild the Premises as promptly as possible, subject to any delay from
causes beyond its reasonable control and to Landlord's receipt of insurance
proceeds, and the Term shall continue without interruption and this Lease shall
remain in full force and effect, subject to equitable abatement in the Minimum
Rent from the time of said damage or destruction until Landlord has completed
its repairs or restoration.

Section 13.3

If any part of or all of the Sibley Complex, Building or Common Areas are
damaged by fire or other casualty or are taken by condemnation or appropriation
to such an extent that the Sibley Complex cannot, in the sole judgment of
Landlord, be operated as a multi-use facility, then the Landlord may cancel this
Lease, although the Premises are not themselves damaged or appropriated. Written
notice of said cancellation shall be given Tenant within ninety (90) days after
such damage or after such appropriation becomes effective and Tenant shall
immediately surrender possession, paying Minimum Rent to the time of said
surrender, subject to equitable abatement in Minimum Rent from the time of
damage to the Demised Premises.

Section 13.4 Loss During Later Part of Term.

If destruction of the Premises or the Sibley Complex and other improvements in
which the Premises are located, occurs during the last three (3) years of the
Term, Landlord may terminate this Lease by giving notice to Tenant not more than
sixty (60) days after the destruction.

ARTICLE 14 CONDEMNATION

Section 14.1 -Parties' Right and Obligation

If, during the Term or during the period time between the execution of this
Lease and the di3te the Term commences, there is any taking of all or any part
of the Sibley Complex, other improvements or real property of which the Premises
are a part, or any interest in this Lease by condemnation, or if there is a
voluntary conveyance by Landlord in lieu thereof, the rights and obligations of
the parties hereto shall be determined pursuant to this Article 14.

Section 14.2 Total Taking.

If the fee of the entire Sibley Complex, other improvements or real property of
which the Premises are a part and the land underlying the same is condemned or
appropriated by any apparent competent authority, then and in that event the
Term of this Lease shall cease and terminate on the date possession is to be
given to the condemning authority unless an earlier date is set by Landlord.

Section 14.3 Partial Taking.

If the fee of a substantial part but less than all of the Sibley Complex, other
improvements or real property of which the Premises are a part and the land
underlying the same is so condemned or appropr!ated, and if the remainder of the
Premises can reasonably be used for substantially the same purposes and in
substantially the same manner, except for the amount of floor space, as the
Premises prior to such condemnation or appropriation, then this Lease shall
continue in full force and effect without change, with respect to the remaining
portion of the Premises, except that Minimum Rent shall be equitably adjusted.
The foregoing notwithstanding, the Landlord at its option, may notify Tenant of
its desire to terminate this Lease, such termination to be effective on date set
by Landlord. If this Lease shall so continue, the Landlord shall, at its own
cost and expense, with reasonable promptness, repair and/or rebuild the
remaining portion of the Premises; provided, however, that the Landlord shall in
no event be required to expend for such work an amount in excess of the amount
<PAGE>

of money received by said Landlord for the taking of the portion of the Premises
condemned. The amount of money received by Landlord shall mean that part of the
award in condemnation which is free and clear to Landlord of any demand by
mortgage, mortgages or other secured parties for the value of the diminished
fee. If, during the performance of any such work, the business of the Tenant is
substantially interrupted, Minimum Rent shall be equitably adjusted until such
work is completed. If the part of the Premises not condemned cannot be used for
substantially the same purposes and in substantially the same manner, except for
the amount of space, as the Premises prior to such condemnation, the Landlord
and the Tenant shall each have the option to terminate this Lease by written
notice to the other within ninety (90) days after the date of taking. If any
such notice be given, the Lease shall terminate at the end of the month in which
occurs the thirtieth (30th) day after the giving of such notice. The foregoing
notwithstanding, the Landlord, at its option, may notify Tenant of its desire to
terminate this Lease, such termination to be effective on date set by Landlord.

Section 14.4 -Proceeds of Condemnation.

In the event of any condemnation or taking as aforesaid, whether whole or
partial, the Tenant shall not be entitled to any part of the award paid for such
condemnation and Landlord is to receive the full amount of such award, the
Tenant hereby expressly waiving any right or claim to any part thereof;
provided, however, Tenant shall have the right to claim and recover from the
condemning authority, but not from Landlord, such compensation as may be
separately awarded or recoverable by Tenant, in Tenant's own right, on account
of any and all damage to Tenant's business by reason of the condemnation and for
or on account of any cost or loss to which Tenant might be put in the loss or
removal of Tenant's merchandise, furniture, fixtures and such leasehold
improvements and equipment to which title has not vested in Landlord pursuant to
the terms of this Lease. In the event of any termination of the Lease under this
Article, Minimum Rent shall be prorated to the date of vacation of the Premises.
Tenant agrees to promptly execute any and all instruments as may be required to
effectuate the provisions of this Article.

ARTICLE 15 -ASSIGNMENT AND SUBLETTING

Section 15.1 -Assignment and Subletting.

Tenant shall not assign or sublet all or any portion of its interest in the
Premises without Landlord's prior written consent. Notwithstanding Landlord's
prior written consent to any assignment or sublease by Tenant, Tenant herein
shall continue to remain liable under all terms, covenants and conditions of
this Lease and may be joined in any suit to enforce the provisions of this
Lease.

ARTICLE 16 DEFAULT

Section 16.1 -Events of Default.

For purposes of the Lease herein, the term "default" constitutes the violation
of any term, condition, covenant or obligation of Tenant under this Lease.

Section 16.2 -Landlord's Remedies.

If the Tenant shall at any time be in default continuing after ten (10) days
written notice thereof in the payment of any Minimum Rent, Additional Rent, and/
or any other payments required of Tenant hereunder, or any part thereof; or if
Tenant should be in default of any of the other covenants or conditions of this
Lease to be kept, observed and performed by Tenant, continuing after thirty (30)
days written notice thereof, or such shorter period of time as may be specified
elsewhere in this Lease, or if any such non-monetary default is of a nature that
cannot be cured within said thirty (30) day period, and Tenant does not commence
<PAGE>

and diligently pursue curing of said default within said thirty (30) days; or if
Tenant shall vacate or abandon the Premises during the Term hereof, or fail to
take possession of the Premises and actively operate its business therein; or if
this leasehold interest shall be levied on or taken or attempted to be taken by
execution, attachment or other process of law, or if any execution of attachment
shall be issued against Tenant, or any of Tenant's property in the Premises,
whereby the Premises shall be taken or occupied or attempted to be taken or
occupied by someone other than Tenant, or if this Lease shall by operation of
law devolve upon or pass to any person or persons other than the Tenant except
as may be permitted in this Lease, then in any of said cases, the Landlord may:
         (1) At its option, upon written notice to Tenant, terminate this Lease,
and this Lease and the Term thereof shall automatically cease and terminate as
of the date of such notice;
         (2) Enter into the Premises, remove Tenant's property and effects as
elsewhere in the Lease provided, take and hold possession thereof, without such
entry and possession terminating this Lease or releasing Tenant in whole or in
part from Tenant's obligations to pay rent and all its other obligations
hereunder for the full Term;
         (3) Require that upon any termination of this Lease whether by lapse of
time, the exercise of any option by Landlord to terminate the same or in any
other manner whatsoever, or upon any termination of Tenant's right to possession
without termination of this Lease, the Tenant shall at once surrender possession
of said Premises to the Landlord and immediately vacate the same, and remove all
effects there from, except such as may not be removed under other provisions of
this Lease. If Tenant fails to do so Landlord may forthwith re-enter said
Premises, with or without process of law, and repossess itself thereof as in its
former estate and expel and remove Tenant and any other persons and property
therefrom using such force as may be necessary, without being deemed guilty of
trespass, eviction or forcible entry, without thereby waiving Landlord's rights
to rent or any other rights given Landlord under this Lease or at law or in
equity;
         (4) If the Tenant shall not remove all effects from said Premises as in
this Lease provided, Landlord, at its option, may remove any or all of said
effects in any manner that Landlord shall choose and store same without
liability for loss thereof, and Tenant will pay the Landlord, on demand, any and
all expenses incurred in such removal and storage of said effects for any length
of time during which the same shall be in possession of Landlord or in storage,
or Landlord may at its option, without notice, sell any or all of said effects
in such manner and for such price as the Landlord may deem best and apply the
proceeds of such sale upon any amounts due under this Lease from the Tenant to
the Landlord, including the expenses of removal and sale;
         (5) Collect from Tenant any other loss or damage Landlord may sustain
by reason of any breach and any diminished value of said Premises resulting from
said breach;
         (6) In the event of a breach, or threatened breach by Tenant of any of
the covenants or provisions of this Lease, have the right to enjoin any such
breach or threatened breach;
         (7) Declare the entire rental for the balance of the Term or the entire
Term including the Minimum Rent and all Additional Rentals herein provided for,
immediately due and payable at once. Notwithstanding the foregoing, in the event
Landlord obtains judgment hereunder Tenant shall only be required to pay said
judgment in monthly installments upon the rental payment dates as set forth in
this Lease Agreement unless Tenant defaults in making said payments, in which
event the entire judgment shall, at the option of Landlord, then be immediately
due and payable;

<PAGE>

         (8) In the event of termination of th1s Lease, before the expiration
date thereof originally fixed, by reason of any provision of this Lease relating
to earlier termination, by reason of the Landlord's exercising any option to
terminate, by reason of any default, neglect or omission on the part of the
Tenant, or if the Landlord shall enter or re-enter upon the Premises, or if the
Tenant shall be ejected, dispossessed or removed there from by summary
proceedings or in any other manner, whether or not specifically enumerated in
this Lease, or if the Premises become vacant, deserted or abandoned, the
Landlord at any time may re-let the Premises, or any part or parts thereof,
either in the name of or for the account of Landlord or Tenant, for such Minimum
Rent and Additional Rent (hereinafter for purposes of this Article "Rents" or
"Rental") and for such Lease Term and upon such terms as Landlord may see fit,
which Lease Term may, at Landlord's option, extend beyond the balance of the
Term of this Lease. Landlord shall not be required to accept any tenant offered
by Tenant nor to observe any instruction given by Tenant about such re-Ietting.
In any such case, Landlord may make such repairs, alterations and additions in
or to the Premises and redecorate the same as it sees fit. Tenant shall pay
Landlord any deficiency between Rents hereby reserved and covenanted to be paid
and the net amount of the Rents collected on such re-Letting, for the balance of
the Term of this Lease, as well as any expenses incurred by Landlord in such
re-Letting, including, but not limited to attorneys' fees, brokers' fees, the
expense of repairing, altering and adding to and redecorating the Premises, and
otherwise preparing the same for re-rental. All such costs, other than the
Rental, unless accelerated, shall be paid by Tenant upon demand by Landlord. Any
deficiency in Rental shall be paid in monthly installments, unless Landlord has
declared the entire Rental for the balance of the Term due, as elsewhere in this
Lease provided. For the purpose of determining the deficiency in Rent, the Rent
reserved shall be deemed to be the Minimum Rent and all Additional Rents herein
provided for. Any suit brought to collect the amount of the deficiency for
anyone or more months shall not preclude any subsequent suit or suits to collect
the deficiency for any subsequent months. Landlord shall in no event be liable
in any way whatsoever for failure to re-let the Premises or in the event that
the Premises are re-let, for failure to collect the Rent thereof under such
re-letting.

Section 16.3 -Waiver of Service.

Except for any notice of default required in this Article 16, the Tenant
expressly waives the service of any further notice of intention to terminate
Tenant's right of possession of said Premises or to re-enter said Premises and
waives the service of any demand for payment of Rent Of for possession and
waives the service of any and every other further notice or demand prescribed by
any statute, law or ordinance and agrees that the simple breach of any of the
covenants of this Lease shall, of itself, without the service of any notice or
demand whatever, at Landlord's option, constitute a forcible detained by the
Tenant of said Premises within the meaning of the statutes of the State of New
York. Tenant hereby expressly waives any and all rights of redemption granted by
or under any present or future laws, in the event of eviction or dispossession
of Tenant by Landlord under any provisions of this Lease. No receipt of monies
by the Landlord from or for the account of Tenant or from anyone in possession
or occupancy of the Premises after the termination in any way of this Lease or
after the giving of any notice shall reinstate, continue or extend the Term of
this Lease or affect any notice given to the Tenant prior to the receipt of such
money, it being agreed that after the service of notice or the commencement of a
suit, or after final judgment for possession of said Premises, the Landlord may
receive and collect any rent or other amounts due. Landlord and such payment
shall not waive or affect said notice, said suit or said judgment.
<PAGE>

Section 16.4

-Waiver of Trial The Landlord, Tenant and any Guarantor(s) do hereby knowingly,
voluntarily and intentionally waive the right to a trial by jury of any and all
issues either now or hereinafter provided by law in any action or proceeding
between the parties hereto, or their successors, arising directly or indirectly
out of or in any way connected with this Lease or any of its provisions, the
Tenant's use or occupancy of said Premises and/or any claim for personal injury
or property damage including, without limitation, any action to rescind or
cancel this lease, and any claim or defense asserting that this Lease was
fraudulently induced or is otherwise void or void able. It is intended that said
waiver shall apply to any and all defenses, rights and/or counterclaims in any
action or proceeding at law or in equity. This waiver is a material inducement
for Landlord and Tenant to enter into this Lease.

Section 16.5 Landlord's Rights Cumulated

Any and all rights and remedies which Landlord may have under this Lease and
at law or in equity, shall be cumulative and shall not be deemed inconsistent
with each other, and any two or more or all of said rights and remedies may be
exercised at the same time or at different times and from time to time without
waiver thereof of any right or remedy provided or reserved to Landlord.

Section 16.6 -Attorneys' Fees-"

In the event either party shall bring legal action hereunder against the other
party, the prevailing party shall be entitled to recover from the other party
all reasonable expenses incurred, including reasonable attorney's fees.
Additionally, the Landlord shall be entitled to recover from the Tenant all
reasonable expenses incurred, including reasonable attorney's fees, in
connection with Landlord preserving and protecting its statutory rights in the
event of a filing pursuant to Title 11 of the United States Code, 11 U.S.C.
ss.101 et seq.

Section 16.7 -Tenant's Claims Barren

Any claim, demand, right or, defense by Tenant that arises out of this Lease or
the negotiations that preceded this Lease shall be barred unless Tenant has
given Landlord written notice of such claim, demand, right or, defense within
eighteen (18) months after the date of the inaction, omission, event, or action
that gave rise to such claim, demand, right, or defense.
If any of the aforesaid provisions or any other provision of this Lease shall be
partially or totally unenforceable or declared invalid, void or voidable, said
provision shall be deemed eliminated and of no force and effect and the balance
of this Lease shall continue in full force and effect. If any notice is required
by law to be given such notice shall be given.

ARTICLE 17 -SIGNS

Section 17.1 -Signs,

Landlord, at its sole cost, shall place, construct and maintain a directory or
bulletin board in any lobby of the Building in which the Premises are located,
exclusively for the display of the names of tenants in the Building and their
respective suite and/or space numbers. Tenant shall be entitled to display its
trade name in the directory or bulletin board and to delineate the various
departments and their locations without additional cost to Tenant.
Landlord has the sole right to determine the type of directory or bulletin
board, and the content of the display of the names of tenants (including,
without limitation, size of letters, color and whether affixed or painted).
<PAGE>

Tenant shall not have the right to place, construct or maintain on the glass
panes or supports of the windows of the Premises, the doors or the exterior
walls or roof of the Building in which the Premises are located or any interior
portions of the Premises that may be visible from the exterior of the Premises,
any signs, advertisements, names insignia, trademarks, descriptive material or
any other similar item. Landlord, at Tenant's cost, may remove any item placed,
constructed or maintained that does not comply with the provisions of this

Article 17.

ARTICLE 18 -ACCESS TO PREMISES

Section 18.1 -Landlord's Entry on Premises.

Landlord shall have access to the Premises at all reasonable times and, in case
of emergency or entries mandated by legal authority, at any time, for any of the
following purposes:
         (1) To determine whether the Premises are in good condition and whether
Tenant is complying with its obligations under this Lease;
         (2) To do any necessary maintenance and to make any restoration that
Landlord has the right or obligation to perform to the Premises or the Building
and other improvements in which the Premises are located;
         (3) To serve, post or keep posted any notices required or allowed under
the provisions of this Lease;
         (4) To show the Premises to prospective brokers, agents, buyers,
tenants, purchaser or mortgage, at any time during the Term; and
         (5) To shore the foundations, footings and walls of the Premises or the
Building in which the Premises are located and to erect scaffolding and
protective barriers around or about the Premises, but not so as to prevent entry
to the Premises, and to do any other act or thing necessary for the safety or
preservation of the Premises or the Building and other improvements in which the
Premises are located, if any excavation or other construction is undertaken or
is about to be undertaken on any adjacent property or nearby street. Landlord's
rights under this Article 18 extend to the owner of the adjacent property on
which excavation or construction is to take place and the adjacent property
owner's authorized representatives. Landlord shall not be liable in any manner
for an inconvenience, disturbance, loss of business, nuisance or other damage
arising out of Landlord's entry on the Premises as provided in this Article 18,
but Landlord shall take reasonable steps to minimize the inconvenience to Tenant
resulting from its entry upon the Premises as permitted hereunder. Tenant shall
not be entitled to any abatement or reduction of Minimum Rent if Landlord
exercises any rights reserved in this Article 18.

ARTICLE 19 -SUBORDINATION

Section 19.1 -Subordination.

This Lease and all rights of Tenant hereunder are subject and subordinate to any
mortgages, deeds of trust, deeds to secure debt, ground rents and to all
renewals, modifications, consolidations, replacements and extensions of any of
the foregoing or of substitutions therefore or any other forms or methods of
financing or refinancing which may now or hereafter affect the real property or
leasehold estates of which the Premises form a part whether now in use or not
and any instruments executed for said purposes or hereafter executed by the
owners of the fee or leasehold, if Landlord is not the owner of the fee. Tenant
agrees upon demand to execute, acknowledge and deliver to the owners of the fee
or leasehold estate, without expense to them, any instruments that may be
necessary to confirm this subordination of this Lease and of all of the rights
<PAGE>

herein contained to the lien or liens created by any such instruments. If the
Tenant shall fail at any time to execute and deliver any such subordination
instruments upon request the mortgagors in any such new mortgage or mortgages or
the obligors in any form of refinancing as provided above, in addition to any
other remedies available to them in consequence of said default may execute,
acknowledge and deliver such subordination instruments as the attorney-in-fact
of the Tenant and in the Tenant's name, place and stead; said Tenant hereby
makes, constitutes and irrevocably appoints said mortgagors or obligors as its
attorney-in-fact for that purpose. It is further agreed that any secured lender
as aforesaid may, at its option, elect to make this Lease superior to its
mortgage, deed to secure debt, or other instrument referred to herein, by
written notice thereof to the Tenant. Upon request of Tenant, Landlord agrees to
request of any mortgage that it enter into a Subordination, Non-Disturbance and
Adornment Agreement with Tenant. Tenant agrees to execute said Agreement in the
form required by such mortgage.

ARTICLE 20 -NOTICES

Section 20.1 -Notices,

Unless otherwise expressly in this Lease provided, any notice or communication
which Landlord may desire or be required to give to Tenant, including any notice
of termination, shall be deemed sufficiently given or rendered if sent by
Registered Mail or Certified Mail, Return Receipt Requested, or nationally
recognized overnight carrier to Tenant at the address as shown on the Lease or
at such other address as the Tenant may designate in writing from time to time.
Any notice by Tenant to Landlord must be sent by Registered or Certified Mail,
Return Receipt Requested or nationally recognized overnight carrier addressed to
Landlord, Attention: General Counsel, at the address as shown on the Lease or at
such other address as the Landlord may designate in writing from time to time.
The time of the rendition or giving of such notice shall be deemed to be the
time when same is received by the party to whom the notice is sent or the time
such party refuses to receive the notice.

ARTICLE 21 -WAIVER

Section 21.1 -Waiver.

No waiver of any condition or legal right or remedy shall be implied by the
failure of the Landlord to declare Tenant and/or any Guarantor in default nor
for any other reason, and no waiver of any condition or covenant shall be valid
unless it be in writing signed by an authorized officer or partner of the
Landlord, and no waiver by the Landlord in respect to one tenant shall
constitute a waiver in favor of any other tenant, nor shall the waiver of a
breach of any condition be claimed or pleaded to excuse a future breach of the
same condition or covenant or any other condition or covenant. No act or conduct
of Landlord, including, without limitation, the acceptance of the keys to the
Premises, shall constitute an acceptance of the surrender of the Premises by
Tenant before the expiration of the Term. Only a notice from Landlord to Tenant
shall constitute acceptance of the surrender of the Premises and accomplish a
termination of this Lease.

ARTICLE 22 -PROVISIONS BINDING, ETC

Section 22.1 -Provisions Binding The conditions, covenants and agreements

contained in this Lease to be kept and performed by the parties hereto, shall be
binding upon and inure to the benefit of said respective parties, their legal
representatives, successors and assigns. This Article shall not be construed to
permit any assignment or subletting, except as otherwise permitted in this
<PAGE>

Lease. The term "Landlord" as used in this Lease means only the owner for the
time being of the land and Building (or the owner of a lease of the Building),
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, the said Landlord shall be
and hereby is entirely freed and relieved of all covenants and obligations of
Landlord 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 tenant of the Building,
that the purchaser or tenant of the Building as of the date of such purchase or
lease has assumed and agreed to carry out any and all covenants and obligations
of Landlord hereunder.
                                       15

ARTICLE 23 -SURRENDER OF PREMISES

Section 23.1 -Surrender of Premises.

On the expiration or earlier termination of the Lease Term, Tenant shall quit
and surrender the Premises, broom clean, in good condition and repair
(reasonable wear and tear, and damage by fire excepted), together with
alterations, additions and improvements including, but not limited to,
carpeting, lighting fixtures, and sign box, if any, that may have been made in,
to, or on the premises, except movable furniture or unattached movable trade
fixtures. On or before the end of the Lease Term, Tenant shall remove all its
property from the Premises and all property not removed shall be deemed
abandoned by T enant (but nothing herein contained shall be deemed to eliminate
the right of Landlord to have Tenant restore the Premises and remove any
alterations, fixtures, equipment, etc., all at Tenant's sole cost and expense).
If the Premises are not surrendered at the end of the Lease Term, Tenant shall
indemnify Landlord and/or its management company against any loss or liability
resulting from delay by Tenant in surrendering the Premises, including, without
limitation, any claims made by any succeeding Tenant founded on the delay.
Section 23.2 -Holdover, If Tenant should remain in possession of the Premises
after the expiration of the Lease Term, then in addition to the indemnification
of Landlord and/or its management company by Tenant required in Article 11.2,
the Tenant holding over shall be deemed to be a Tenant at sufferance only, upon
the same terms and conditions as specified in this Lease, unless different terms
and conditions are imposed by Landlord prior to or at any time and from time to
time after the expiration of this Lease, and further provided that unless
Landlord and Tenant are engaged in bona fide negotiations to extend or renew the
terms of the Lease, the Minimum Rent for such period shall be an amount equal to
double the Minimum Rent for the last year of the expired Term, but Tenant shall
nevertheless be considered a Tenant at sufferance only.

ARTICLE 24 -SECURITY DEPOSIT -Intentionally Deleted

ARTICLE 25 -MISCELLANEOUS PROVISIONS.

Action 25.1 -Consent of Landlord.

Whenever consent or approval of Landlord is required under this Lease, Landlord
may withhold such consent or approval in its sole and absolute discretion.
<PAGE>

Section 25.2 Corporate Authority

If Tenant is a corporation, upon execution of this Lease, Tenant shall deliver
to Landlord a certified copy of a resolution of its board of directors
authorizing the execution of this Lease on behalf of Tenant. Tenant represents,
warrants and covenants that it is, upon the date of execution, and throughout
the term of this Lease, authorized to do business and good standing in the State
of New York. Tenant agrees to furnish to Landlord, upon request, evidence of
authority for entering into this Lease.

Section 25.3 -Successor

Except as specifically provided otherwise herein, this Lease shall be binding on
and inure to the benefit of the parties and their successors and assigns.

Section 25.4 -Broker

Each party represents and warrants that it has not had any dealing with any
realtor, broker, or agent, in connection with the negotiation of this Lease and
agrees to indemnify and to hold the other party harmless from any cost, expense
or liability for any compensation, commission, or charges claimed by any
realtor, broker, or agent withwhom it has dealt action

25.5 Riders: Exhibits-

Any rider and/or exhibit attached hereto shall be deemed incorporated herein and
made a part hereof. In the event that any provision contained in said rider
and/or exhibit is inconsistent with the printed provisions of this Lease, the
provisions contained in said rider and/or exhibit shall supersede the printed
provisions of the Lease.
                                       16

Section 25.6 Interpretation of Lease.

Although the printed provisions of this Lease were drafted by Landlord, the
terms of this Lease were fully negotiated by the parties and shall not be
construed for or against Landlord or Tenant, but this Lease shall be interpreted
in accordance with the general meaning of the language herein contained in an
effort to reach the intended result. This Lease shall be governed exclusively by
the provisions hereof and by the laws of the State of New York. The parties
further agree, that for purposes of litigation arising between the parties,
hereto, that the venue for any action shall be laid in the County of Monroe and
State of New York or such other location as Landlord may determine.

Section 25.7 -Entire Agreement.

This Lease contains and embraces the entire and only agreement between the
parties hereto and is intended as a final expression of their agreement and as a
complete and exclusive statement of the terms thereof; all negotiations,
considerations and representations between the parties having been incorporated
herein. No oral statements nor prior written matter extrinsic to this Lease
shall have any force or effect. Tenant acknowledges and agrees that neither
Landlord nor any representative of Landlord nor any broker has made any
representations, understandings, agreements, warranties, promises to or
agreement with Tenant relating to the Premises, or the Building or Sibley
Complex or with respect to past, present or future tenancies, rents, expenses,
operations or any other matter which is not contained in the express terms of
<PAGE>

this Lease. Tenant acknowledges and agrees that Tenant's execution and delivery
of this Lease is based upon Tenant's independent investigation and analysis of
the business potential and expenses represented by this Lease, and Tenant
expressly waives any and all claims or defenses by Tenant against the
enforcement of this Lease which are based upon allegations of representations,
projections, estimates, understandings or agreements by Landlord or Landlord's
representatives that are not contained in the express terms of this Lease.
Section 16.7 of this Lease shall not be construed to modify any of the
provisions of this Section 25.7.

Section 25.8 -Captions: Titles.

The captions and/or titles are inserted only as a matter of convenience and for
reference and in no way define, limit or describe the scope or intent of this
Lease nor in any way affect this Lease.

Section 25.9 Singular and Plural.

When required by the context of this Lease, the singular shall include the
plural.

Section 25.10 -Point and Sever I Obligations.

If two or more individuals, corporations, partnerships or other persons (or any
combination of two or more thereof) shall sign this Lease as Tenant, the
liability of each such individual, corporation, partnership or other persons to
pay the Rent and perform all other obligations hereunder shall be deemed to be
joint and several, and all notices, payments and agreements given or made by,
with or to anyone of such individuals, corporations, partnerships or other
persons shall be deemed to have been given or made by, with or to all of them.
In like manner, if Tenant shall be a partnership or other person, the members of
which are, by virtue of any applicable law or regulation, subject to personal
liability, the liability of each such member shall be joint and several.

Section 25.11 -Sever ability.

The unenforceability, invalidity or illegality of any provision of this Lease
shall not render the other provisions of this Lease unenforceable, invalid or
illegal. Section 25.12 Tenant and Landlord. The term "Tenant" shall include
servants, employees, agents, visitors, invitees, licensees, successors and/or
assigns of Tenant. The term "Landlord" shall include successors and/or assigns
of Landlord.
                                       17

Section 25.13 -Release

Upon execution of the Lease Extension Agreement, the Tenant hereby releases
the Landlord, its agents, representatives, officers and affiliates from any
claims, causes of action or the like, including, but not limited to, claims
based upon theories of breach of contract, negligent misrepresentation and/or
fraudulent inducement arising from the beginning of time to the date of this
Agreement.
<PAGE>

Section 25.14 -Rules and Regulations

The Landlord reserves the right to adopt and promulgate, from time to time.
rules and regulations, and to amend and supplement the same, applicable to the
occupancy of the Building and to the parking space and common facilities
hereinbefore referred to. Notice of such rules, regulations and amendments and
supplements thereto, if any, shall be given to the Tenant. Wherever the terms
rules or regulations are referred to in this Lease, such terms shall be deemed
to mean reasonable rules and regulations which are enforced in a
non-discriminatory manner(1) The rights of Tenant in the entrances, corridors,
elevators and escalators of the Building are limited to ingress to and egress
from the Tenant's Premises for the Tenant and its employees, licensees and
invitees, and no Tenant shall use, or permit the use of the entrances,
corridors, escalators or elevators for any other purpose. Tenant shall not
invite to the Tenant's Premises, or permit the visit of, person in such numbers
or under such conditions as to interfere with the use and enjoyment of any of
the plazas, entrances, corridors, escalators, elevators and other facilities of
the Building by other tenants. Fire exits and stairways are for emergency use
only, and they shall not be used for any other purposes by the Tenant, its
employees, licensees or invitees.
Tenant shall not encumber or obstruct, or permit the encumbrance or obstruction
of any of the sidewalks, plazas, entrances, corridors, escalators, elevators,
fire exits or stairways in and about the Building. Landlord reserves the right
to control and operate the public portions of the Building and the public
facilities, as well as facilities furnished for the common use of the Tenant, in
such reasonable manner as it deems best for the benefit of the Tenant generally.
(2)      The cost of repairing any damage to the public portions of the Building
or the public facilities or to any facilities used in common with other tenants,
caused by Tenant or its employees, licensees or invitees, shall be paid by
Tenant. (3) Landlord may refuse admission to the Sibley Complex and/or the
Building of which the Premises form a part outside of ordinary business hours to
any person not properly identified, and may require all persons admitted to or
leaving the Building outside of ordinary business hours to register. Any of
Tenant's employees, agents and visitors may be permitted to enter and leave the
Building outside of ordinary business hours whenever appropriate arrangements
have been previously made between Landlord and Tenant with respect thereto.
Tenant shall be responsible for all persons for whom it requests such permission
and shall be liable to Landlord for all acts of such persons. Any person whose
presence in the Building at any time shall, in the reasonable judgment of
Landlord, be prejudicial to the safety, character, reputation or interest of the
Building or its tenants may be denied access to the Building or may be ejected
therefrom. In case of invasion, riot, public excitement or other commotion,
Landlord may prevent all access to the Building during the continuance of the
same, by closing the doors or otherwise, for the safety of the tenants and
protection of property in the Building. Landlord shall in no way be liable to
Tenant for damages or loss arising from the admissions, exclusion or ejection of
any person to or from the Tenant's Premises or the Building under the provisions
of this Section 25.14. (4) No person or contractor shall be employed to do
janitor work, window washing, cleaning, decorating or repair in the Premises,
except by Landlord or with Landlord's prior written consent which consent shall
not be unreasonably withheld or delayed. Tenant will not clean, nor require,
permit, suffer or allow any window in the Premises to be cleaned from the
outside in violation of Section 202 of the New York Labor Law.
                                       18

<PAGE>

 .(5)    Tenant shall place no objects or projections of any type on the Building
exterior. No projections over or around the windows shall be installed by
Tenant, and only such window blinds, curtains, shades or similar equipment as
are supplied or permitted by Landlord shall be used in Tenant's Premises.
(6)Tenant shall not overload the floors in the Premises. Tenant must obtain from
Landlord prior written approval as to size, maximum weight, routing and location
of business machines, safes and heavy objects, which approval shall not be
unreasonably withheld or delayed. Furniture and other large articles may be
brought into the Building only at times and in the manner reasonably designated
by Landlord. (7) Tenant shall not use, nor allow to be used by contractors,
vendors, suppliers or others in the delivery or receipt of merchandise,
equipment, furniture, fixtures or any other delivery of whatsoever nature, any
hand trucks, except those equipped with rubber tires and side guards.
(8)   All entrance doors in Tenant's Premises shall be left locked when Tenant's
Premises are not in use. Tenant assumes fully responsibility for protecting its
Premises from theft, robbery and pilferage. If Tenant requires telegraphic,
telephonic, burglar alarm or similar services, Tenant shall obtain and comply
with Landlord's reasonable instructions in their installation.
(9)      No noise, including the playing of any musical instruments, radio or
television, which, in the judgment of Landlord, might disturb other tenants in
the Building shall be made or permitted by Tenant, and no cooking shall be done
in Tenant's Premises, except as expressly approved by Landlord. Nothing which
would impair or interfere with any of the building services or the proper and
economic heating, cooling, cleaning or other servicing of the Building or the
Premises, nor the use or enjoyment by any other tenant of any other premises
shall be done or permitted, brought into or kept in Tenant's Premises, nor shall
Tenant install any ventilating, air conditioning, electrical or other equipment
of any kind which, in the judgment of Landlord might cause any such impairment
or interference. Tenant shall not bring nor allow to be brought into the
Building any dangerous, inflammable, combustible or explosive object or
material.(10) Tenant shall not discharge, nor allow to be discharged into the
waste lines, vents or flues of the Building any acids, vapors or other materials
which may damage the same. The water and wash closets, and other plumbing
fixtures in or serving the Tenant's Premises shall not be used for any purpose
other than the purpose for which they were designated or constructed, and no
sweepings, rubbish, rags, acids or other foreign substances shall be deposited
therein. All damages resulting from any misuse of the fixtures by Tenant, its
employees, licensees or invitees shall be borne by the Tenant

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

LANDLORD:

ROCHWIL ASSOCIA TES
BY: ROCTER PROPER, INC.
    General Partner
By

Title:

TENANT:
TIMELY INFORMATION CORP .
By:
Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00026-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00026-of-00352.parquet"}]]