Document:

Second Amendment to Office Lease

 Exhibit 10.6 
  
 SECOND AMENDMENT TO OFFICE LEASE 
  
 This SECOND AMENDMENT TO OFFICE LEASE (“Second Amendment”) is made as of Sept. 23rd, 2002, by and between CONNECTICUT GENERAL LIFE INSURANCE COMPANY, a Connecticut corporation, on behalf of its Separate Account R
(“Landlord”), and CORUS PHARMA, INC., a Delaware corporation (“Tenant”). Landlord and Tenant hereinafter may be referred to each as a “Party” and collectively as the “Parties.”

  
 RECITALS 
  
 A. Landlord is the landlord and Tenant is the tenant under that certain
Office Lease dated April 6, 2001 (“Initial Lease”), as modified by the First Amendment to Office Lease dated February 6, 2002 (“First Amendment”). The Initial Lease and First Amendment are referred to collectively
herein as the “Amended Lease.” Pursuant to the Amended Lease, Tenant leases Suites 800 and 1150 (collectively, the “Premises”) in Market Place Tower, 2025 First Avenue, Seattle, Washington 98121
(“Project”). The legal description of the Project is attached hereto as Exhibit A. As used herein, the “Lease” means the Amended Lease as amended by this Second Amendment.  
  
 B. The Parties desire to add to the Premises under the Lease 5,477 rentable
square feet known as Suite 890 (“Suite 890”) and 2,677 rentable square feet known as Suite 835 (“Suite 835”), both of which are located on the eighth floor of the Project, as depicted on the attached Exhibit B.

  
 C. Except as otherwise specifically defined herein, all
capitalized terms shall have the meanings assigned in the Lease. 
  
 AGREEMENT 
  
 In furtherance of the Recitals set
forth above, which are incorporated herein by reference, and in consideration of the mutual promises and covenants set forth below, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Parties acknowledge
and agree to the following: 
  
 1. DATE SUITE 890 AND SUITE 835 ARE
ADDED TO THE PREMISES: Suite 890 and Suite 835 shall be added to the Premises, and the Lease shall be deemed amended to accomplish such addition, on January 1, 2003 (the “Suite 890/835 Addition Date”). Tenant shall have access
to and possession of Suite 890 and Suite 835 as of the Suite 890/835 Addition Date. Tenant agrees that, if Landlord is unable to deliver possession of Suite 890 and/or Suite 835 to Tenant on the Suite 890/835 Addition Date, this Second Amendment
shall not be void or voidable, nor shall Landlord be liable to Tenant for any loss or damage resulting therefrom, nor shall the term of the Lease for Suite 890 or Suite 835 be in any way extended, but in such event Tenant shall not be liable for any
rent for Suite 890 and/or Suite 835 (on a pro rata basis based on the suite(s) not available to Tenant) until Landlord tenders possession of such suite(s) to Tenant. 
  
 Notwithstanding the foregoing, if Landlord is unable to deliver possession of Suite 890 and/or Suite 835 to Tenant within sixty (60) days of
the Suite 890/835 Addition Date, then Tenant may provide written notice to Landlord that it intends to terminate its obligations under this Second Amendment with respect to the suite(s) that Landlord has not delivered to Tenant. If Landlord is
unable to deliver possession of Suite 890 and/or Suite 835 within fifteen (15) days of such notice, then Tenant’s obligation to lease such undelivered suite(s) under this Second Amendment shall terminate and be of no further effect (provided
that an inability to deliver possession of one suite shall not terminate Tenant’s obligation to lease the other suite if such other suite is delivered as required by this Second Amendment). 
  
 2. EFFECT OF ADDITION OF SUITE 890 AND SUITE 835: Effective on the Suite
890/835 Addition Date, the following provisions of the Lease shall be amended as set forth below: 
  
 Section 1(d). The Premises area shall be deemed amended to be an agreed 16,402 rentable square feet (which includes 2,677 rentable square feet in Suite
835; 5,477 rentable square feet in Suite 890; 3,907 rentable square feet in Suite 1150; and 4,341 rentable square feet in Suite 800). 
  
 Sections 1(f) and 1(j). Tenant’s Percentage and the Base Year For Operating Expenses shall be computed separately for Suite 800, Suite 1150, Suite
835 and Suite 890 for purposes of calculating Tenant’s Percentage of Operating Expenses (See Section 6). For Suite 800, Tenant’s Percentage shall be 2.240% and the Base Year shall be 2001. For Suite 1150, Tenant’s Percentage shall be
2.016% and the Base Year shall be 2002. For Suite 890, Tenant’s Percentage shall be 2.813% and the Base Year shall be 2003. For Suite 835, Tenant’s Percentage shall be 1.375% and the Base Year shall be 2003. The sum of Tenant’s
Percentage of Operating Expenses for the four Suites shall be the Tenant’s Percentage of Operating Expenses due under the Lease. 
  
 Section 1(h). The Base Monthly Rent shall be amended to provide, as of the Suite 890/835 Addition Date, for a Base Monthly Rent for Suite 890 of
$12,323.25 per month, and a Base Monthly Rent for Suite 835 of $6,023.25 per month, which amounts Tenant shall pay 

  

 - 1 - 

 
monthly to Landlord at the same time and in the same manner as the payment of Base Monthly Rent for Suites 800 and 1150 under the Lease. 
  
 Section 1(o). This Section shall be amended to provide that Tenant shall
have the right to purchase a total of sixteen (16) unreserved parking passes in the building garage at the designated parking rate, which is currently $200 per month, including Washington State sales tax. This rate is subject to change over the Term
of the Lease. 
  
 4. SUITE 890 AND SUITE 835 TAKEN “AS-IS”:
Tenant agrees that it has inspected Suite 890 and Suite 835, and accepts both suites “as-is, where is” as of the effective date of this Second Amendment. Notwithstanding the foregoing, Landlord at its cost shall perform the following work
to Suite 890 prior to the Suite 890/835 Addition Date: patch walls and touch-up paint where reasonably required in Suites 890 and 835; shampoo carpet and repair or replace, at Landlord’s option, worn out or damaged carpet in Suites 890 and 835;
and professionally and thoroughly clean Suites 890 and Suite 835; and provide and install five (5) new troffer lights in Suite 835. 
  
 5. COMMISSION RELATED TO SECOND AMENDMENT: Landlord agrees to pay a leasing commission to Tenant’s agent, Insignia Kidder Mathews, for the leasing of Suites
890 and 835 pursuant to this Second Amendment, of Fourteen Thousand Six Hundred Seventy-Seven and 20/100 Dollars ($14,677.20), payable one-half within ten (10) days after full execution of this Second Amendment, and one-half within ten (10) days
after the Suite 890/835 Addition Date. 
  
 6. ENTIRE AGREEMENT: This Second
Amendment and the Amended Lease constitute the entire agreement between Landlord and Tenant with respect to the subject matter of this Second Amendment. 
  
 7. FULL FORCE AND EFFECT: Except as specifically set forth herein, the Amended Lease is and remains in full force and effect and binding on the Parties.

  
 IN WITNESS WHEREOF, this Second Amendment is executed as of the date first
above written. 
  

									
	LANDLORD:	 	 	 	TENANT:
			
	 CONNECTICUT GENERAL LIFE INSURANCE
 COMPANY, a Connecticut corporation, on behalf of
 its Separate Account R
	 	 	 	 CORUS PHARMA, INC.,
 a Delaware corporation

				
	 By:
	 	 CIGNA INVESTMENTS, INC.
 A Delaware corporation, its agent
	 	 	 	 
					
	 By:
	 	 /s/ Pamela S. Peck

	 	 	 	 By:
	 	 /s/ Alan Bruce Montgomery

	 	 	 PAMELA S. PECK
	 	 	 	 	 	 
	 Title:
	 	 VICE PRESIDENT
	 	 	 	 Title:
	 	 CEO

	 Date:
	 	  

	 	 	 	 Date:
	 	 9/18/02

  
 [Notaries on following page.]

  

 - 2 - 

					
	 STATE OF CONNECTICUT
	 	 )
	 	 
	 	 	 )
	 	 ss.

	 County of Hartford
	 	 )
	 	 

  
 I certify that I know
or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. 
  
 On this 23rd day of September, 2002, before me, personally appeared Pamela S. Peck to me known to be the Vice President of CIGNA INVESTMENTS, INC., as
agent for CONNECTICUT GENERAL LIFE INSURANCE COMPANY, on behalf of its Separate Account R, the corporation that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said
corporation, for the uses and purposes therein mentioned, and on oath stated that said individual was authorized to execute said instrument and that the seal affixed, if any, is the corporate seal of said corporation. 
  
 WITNESS my hand and official seal hereto affixed the day and year first above
written. 
  

	
	
	 /s/ Kathleen J. Lawlor

	 Notary Public in and for the State of

	 Connecticut, residing at So. Windsor

	 My commission expires:                                 
               

	 
	 [Type or Print Notary Name] KATHLEEN J. LAWLOR

	NOTARY PUBLIC        
	MY COMMISSION EXPIRES APR. 30, 2006

  

					
	 STATE OF WASHINGTON
	 	 )
	 	 
	 	 	 )
	 	 ss.

	 COUNTY OF KING
	 	 )
	 	 

  
 I certify that I know
or have satisfactory evidence that A. B. Montgomery signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it in (his/her) capacity as CEO of Corus Pharma, Inc. to be the free and voluntary act
of such party for the uses and purposes mentioned in the instrument. 
  
 GIVEN under my hand and official seal this 16 day of Sept, 2002. 
  

					
			
	 [Stamp of Notary]
	 	 	 	 /s/ Lisa Chamberlain

	 	 	 	 	 NOTARY PUBLIC in and for the

	 	 	 	 	 State of Washington, residing

	 	 	 	 	 at 2400 8th Ave N, Seattle, WA

	 	 	 	 	 My commission expires: 6-12-05

	 	 	 	 	 Lisa K. Chamberlain

	 	 	 	 	 [Type or Print Notary Name]

  

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 EXHIBIT A 
  

Legal Description 
  
 Parcel A of City of Seattle Lot Line Adjustment No. 8604762 as recorded under King County Record No. 8612240354, being a portion of Lots 2, 3, 6 and 7 in Block 38 and
vacated alley adjoining, in addition to the Town of Seattle, as laid out by A. A. Denny (COMMONLY KNOWN AS A. A. Denny’s 6th Addition to the City of Seattle), as per plat recorded in Volume 1 of Plats, Page 99, records of King County,
Washington. 
  
 TOGETHER WITH those rights and easements granted by easement
agreement dated February 6, 1987, recorded under Recording No. 8703131011; 
  
 EXCEPTING THEREFROM Market Place Tower a Condominium intended for residential use according to the Condominium Plan and Survey Map delineating said condominium recorded in Volume 84 of condominiums, pages 72-90, under King County,
Washington. 
  
 Situated in the City of Seattle, County of King, State of
Washington 
  

 - 4 - 

 EXHIBIT B 
  

Suite 890 and Suite 835 
  
 

 
  

 - 5 -Third Amendment to Office Lease

 Exhibit 10.7 
  
 THIRD AMENDMENT TO OFFICE LEASE 
  
 This THIRD AMENDMENT TO OFFICE LEASE (“Third Amendment”) is made as of July 7, 2003, by and between CONNECTICUT GENERAL
LIFE INSURANCE COMPANY, a Connecticut corporation, on behalf of its Separate Account R (“Landlord”), and CORUS PHARMA, INC., a Delaware corporation (“Tenant”). Landlord and Tenant hereinafter may be referred to each
as a “Party” and collectively as the “Parties.” 
  
 RECITALS 
  
 A. Landlord is
the landlord and Tenant is the tenant under that certain Office Lease dated April 6, 2001 (“Initial Lease”), as modified by the First Amendment to Office Lease dated February 6, 2002 (“First Amendment”) and by the
Second Amendment to Office Lease dated September 23, 2002 (“Second Amendment”). The Initial Lease, First Amendment and Second Amendment are referred to collectively herein as the “Amended Lease.” Pursuant to the Amended
Lease, Tenant leases Suites 800, 835, 890 and 1150 (collectively, the “Premises”) in Market Place Tower, 2025 First Avenue, Seattle, Washington 98121 (“Project”). The legal description of the Project is attached
hereto as Exhibit A. As used herein, the “Lease” means the Amended Lease as amended by this Third Amendment.  
  
 B. The Parties desire to add to the Premises under the Amended Lease 16,835 rentable square feet consisting of all of Floor Three except Storage Unit 302
(“Suite 300”), and to provide for the early expiration of the Lease with respect to Suite 1150, all as more fully set forth herein. 
  
 C. Except as otherwise specifically defined herein, all capitalized terms shall have the meanings assigned in the Amended Lease. 
  
 AGREEMENT 
  
 In furtherance of the Recitals set forth above, which are incorporated herein by reference, and in consideration of the
mutual promises and covenants set forth below, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Parties acknowledge and agree to the following: 
  
 1. ADDITION OF SUITE 300: Suite 300 shall be added to the Premises, and the
Amended Lease shall be deemed amended to accomplish such addition, on the “Suite 300 Addition Date”, which shall be the second monthly anniversary date of the day Landlord makes Suite 300 available to Tenant for the purposes of
Tenant’s Work pursuant to Section 8 below and Tenant’s installation of furniture, fixtures and equipment. Landlord shall make Suite 300 available to Tenant as provided above not earlier than August 1, 2003, nor later than October 1, 2003.
All terms and conditions of the Amended Lease except for the payment of Base Rent and Additional Rent applicable to Suite 300 shall be applicable to Suite 300 from and after Tenant’s first entry for construction or move-in purposes, provided
that Tenant may not use Suite 300 prior to the Suite 300 Addition Date for the conduct of business. During any occupancy of Suite 300 prior to the Suite 300 Addition Date, Tenant shall coordinate its work with Landlord so as not to interfere with
Landlord’s Work pursuant to Section 7 of this Third Amendment. 
  
 2.
ACCELERATED EXPIRATION OF SUITE 1150. On the Suite 300 Addition Date, the Amended Lease shall expire as to Suite 1150 as by expiration of the Initial Term, and Tenant shall surrender Suite 1150 in the condition required under the Amended Lease.
Tenant shall not be obligated to pay to Landlord any early termination fee, including, without limitation, the Unamortized Amount as defined in the First Amendment, in connection with such surrender and partial termination of the Amended Lease.

  
 3. LEASE EXTENSION. Notwithstanding anything to the contrary contained
in Section 1(g) of the Amended Lease, except as provided with respect to Suite 1150 in Section 2 above, the expiration date of the Amended Lease is hereby amended to be the day before the twenty-second (22nd) monthly anniversary of the Suite 300 Addition Date (the “Extended Expiration Date”). 
  

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 4. CALCULATION OF TENANT’S PERCENTAGE OF OPERATING EXPENSES AFTER THE SUITE 300 ADDITION DATE. 

  
 Notwithstanding anything to the contrary contained in
Sections 1(f) and 1(j) of the Amended Lease, from and after the Suite 300 Addition Date, the following shall apply: 
  
 A. The Base Year for Suite 300 shall be calendar year 2004. 
  
 B. During 2003, Tenant will pay Tenant’s Percentage of Operating Expenses only with respect to Suite 800, such payment will be calculated with
reference to a Base Year of 2001, and Tenant’s Percentage of Operating Expenses will be 2.240%. 
  
 C. From January 1, 2004 through April 30, 2004, Tenant will continue to pay Tenant’s Percentage of Operating Expenses with respect to Suite 800,
calculated using a Base Year of 2001 and a Tenant’s Percentage of 2.240%. In addition, from January 1, 2004 through April 30, 2004, Tenant will pay the applicable Tenant’s Percentage of Operating Expenses with respect to Suites 835 and
890, but in each case based on a Base Year of 2003. Tenant’s Percentage for Suite 835 is 1.375% and Tenant’s Percentage for Suite 890 is 2.813%. 
  
 D. From and after May 1, 2004, Operating Expenses with respect to the entire Premises will be calculated using a Base Year of 2004 and Tenant’s
Percentage will be 15.06%. 
  
 5. BASE MONTHLY RENT. Notwithstanding
anything to the contrary contained in Section 1(i) of the Amended Lease, commencing on the Suite 300 Addition Date, Base Monthly Rent for the Premises shall be as follows: 
  

									
	 	  	 	  	Base Monthly Rent

	 SUITE

	  	RSF

	  	Suite 300
Addition Date -
4/30/04

	  	4/30/04-Extended
Expiration Date

	 800
	  	4,341	  	$	13,384.75	  	$	9,767.25
	 835
	  	2,677	  	$	6,023.25	  	$	6,023.25
	 890
	  	5,477	  	$	12,323.35	  	$	12,323.25
	 300
	  	16,835	  	$	30,864.17	  	$	30,864.17
	 TOTAL
	  	29,330	  	$	62,595.48	  	$	58,977.92

  
 6. PARKING. Notwithstanding
anything to the contrary contained in Section 1(o) of the Amended Lease, effective on the Suite 300 Addition Date, Tenant shall have the right to purchase a total of thirty (30) unreserved parking passes in the building garage at the designated
parking rate, which is currently $200 per month, including Washington State sales tax. This rate is subject to change over the Term of the Lease. 
  
 7. LANDLORD’S WORK. Tenant agrees that it has inspected Suite 300, and accepts it “as-is, where is” as of the effective date of this Third
Amendment, subject only to Landlord’s removal of the back up power room shown on Exhibit B hereto and Landlord’s stubbing electrical conduits consistent with the electrical distribution in the remainder of the Premises, patching carpet and
installing ceiling tiles so as to reasonably match or blend into the surrounding carpet and tiles. 
  
 8. TENANT IMPROVEMENT WORK. Tenant may construct improvements to Suite 300 pursuant to the Work Letter Agreement attached hereto as Exhibit C. The Tenant Allowance applicable to Suite 300 shall be Eighty Four
Thousand One Hundred Seventy Five Dollars ($84,175). 
  
 9. BROKERS: In
this transaction, Insignia Kidder Mathews represented Tenant and Trammell Crow represented Landlord. Landlord will pay a commission to each Broker pursuant to separate agreement. Each party shall indemnify, defend and hold the other harmless from
any claim by any other broker claiming through such party. 
  

 - 2 - 

 10. ENTIRE AGREEMENT: This Third Amendment and the Amended Lease constitute the entire agreement between Landlord
and Tenant with respect to the subject matter of this Third Amendment. 
  
 11.
FULL FORCE AND EFFECT. Except as specifically set forth herein, the Amended Lease is and remains in full force and effect and binding on the Parties. 
  
 Exhibits 
  
 Exhibit A - Legal Description 
 Exhibit B - Diagram Showing Location of Computer Room 
 Exhibit C - Work Letter Agreement 
  
 IN WITNESS WHEREOF, this Third Amendment is executed as of the date first above written. 
  

									
	LANDLORD:	 	 	 	TENANT:
			
	 CONNECTICUT GENERAL LIFE
 INSURANCE COMPANY,
a Connecticut
 corporation, on behalf of its Separate Account R
	 	 	 	 CORUS PHARMA, INC.,
 a Delaware
corporation

					
	By:	 	 CIGNA INVESTMENTS, INC.
 A Delaware corporation, its
agent
	 	 	 	 	 	 
					
	By:	 	 Jean M. Anderson

	 	 	 	By:	 	 Alan Bruce Montgomery

	 	 	 JEAN M. ANDERSON
	 	 	 	 	 	 
	 Title:
	 	 VICE PRESIDENT
	 	 	 	 Title:
	 	 CEO

	 Date:
	 	 7/17/03
	 	 	 	 Date:
	 	 July 14, 2003

  

 - 3 - 

			
	STATE OF CONNECTICUT	  	)
	 	  	) ss.
	County of Hartford	  	)

  
 I certify that I know
or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. 
  
 On this 17th day of
July, 2003, before me, personally appeared Jean M. Anderson , to me known to be the Vice President of CIGNA INVESTMENTS, INC., as agent for CONNECTICUT GENERAL LIFE INSURANCE COMPANY, on behalf of its Separate Account R, the corporation that
executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that said individual was authorized to
execute said instrument and that the seal affixed, if any, is the corporate seal of said corporation. 
  
 WITNESS my hand and official seal hereto affixed the day and year first above written. 
  

	
	
	/s/ Kathleen J. Lawlor
	Notary Public in and for the State of
	Connecticut, residing at So. Windsor
	My commission expires: KATHLEEN J. LAWLOR
	                                      
 NOTARY PUBLIC

	 [Type or Print Notary Name] MY COMMISSION EXPIRES
                                        
             APR. 30, 2006

  

			
	STATE OF WASHINGTON	  	)
	 	  	) ss.
	COUNTY OF KING	  	)

  
 I certify that I know
or have satisfactory evidence that Alan B. Montgomery signed this instrument, on oath stated that (he) was authorized to execute the instrument and acknowledged it in (his) capacity as CEO of Corus Pharma, Inc. to be the free and voluntary act of
such party for the uses and purposes mentioned in the instrument. 
  
 GIVEN under my hand and official seal this 14th day of July, 2003. 
  

	
	
	/s/ Barbara J. Dalton
	 NOTARY PUBLIC in and for the
 State of Washington,
residing
 at 15730 State St, Snohomish;

	My commission expires: 9/26/2006
	Barbara J. Dalton
	[Type or Print Notary Name]

  

 - 4 - 

 EXHIBIT A 
  

Legal Description 
  
 Parcel A of City of Seattle Lot Line Adjustment No. 8604762 as recorded under King County Record No. 8612240354, being a portion of Lots 2, 3, 6 and 7 in Block 38 and
vacated alley adjoining, in addition to the Town of Seattle, as laid out by A. A. Denny (COMMONLY KNOWN AS A. A. Denny’s 6th Addition to the City of Seattle), as per plat recorded in Volume 1 of Plats, Page 99, records of King County,
Washington. 
  
 TOGETHER WITH those rights and easements granted by easement
agreement dated February 6, 1987, recorded under Recording No. 8703131011; 
  
 EXCEPTING THEREFROM Market Place Tower a Condominium intended for residential use according to the Condominium Plan and Survey Map delineating said condominium recorded in Volume 84 of condominiums, pages 72-90, under King County,
Washington. 
  
 Situated in the City of Seattle, County of King, State of
Washington 
  

 - 5 - 

 EXHIBIT B 
  

DIAGRAM 
  
 [Graphic of Floor Plan] 
  

 - 6 - 

 EXHIBIT C 
  

WORK LETTER AGREEMENT 
 [Tenant
Constructed Improvements] 
  
 Tenant’s improvements for Suite 300 (the
“Tenant’s Work”) shall be constructed in accordance with the terms set forth below: 
  

	 	1.	Tenant’s Work shall be constructed in accordance with Section 14 of the Lease, provided that Landlord’s consent to Tenant’s plans shall not be unreasonably withheld.
Landlord shall coordinate permits, use of hoists, utilities, etc., and Tenant shall pay Landlord a construction management fee of five percent (5%) of the cost of construction. Tenant shall instruct Tenant’s contractor to comply with
Landlord’s rules and regulations for performing construction work in the Building. Landlord shall be entitled to post notices of non-responsibility prior to the commencement of the Tenant’s Work, and Tenant shall notify its contractor that
the work is being performed on behalf of Tenant and not on behalf of Landlord. 

  

	 	2.	Landlord shall provide Tenant with a tenant improvement allowance of up to Eighty Four Thousand One Hundred Seventy Five Dollars ($84,175) (the “T.I. Allowance”) for
Tenant’s actual out-of-pocket expenses paid to unaffiliated third parties for design and construction of permanent tenant improvements to the Premises. The T.I. Allowance shall not be applicable to the cost of design, construction or purchase
of furniture, supplies, artwork, trade fixtures or other equipment. Any portion of the T.I. Allowance not used in the construction of Tenant’s initial improvements shall be retained by Landlord. [Are these exclusions to the use of the T.I.
Allowance acceptable to Corus Pharma?] 

  

	 	3.	The T.I. Allowance shall be payable within thirty (30) days after completion of all work (excepting only punch list work) and invoice by Tenant, which invoice shall contain back up
reasonably satisfactory to Landlord and lien releases or conditional lien releases from Tenant’s contractor(s) and their subcontractors and suppliers. Tenant acknowledges and agrees that Landlord has no obligation to inspect or approve the
work, and that Landlord’s approval of draw requests does not constitute any representation by Landlord that the work has been performed or is in accordance with the contract documents. 

  

	 	4.	Any costs incurred by Tenant that do not qualify for or are in excess of the T.I. Allowance shall be paid by Tenant as and when due. Before commencing any improvements to the
Premises that are to be funded in whole or in part with the T.I. Allowance, Tenant shall obtain a bid or estimate of the cost of such work and shall provide a copy of such bid or estimate to Landlord. If the bid or estimate is in excess of the
available T.I. Allowance, then each draw request shall be prorated in the ratio that the T.I. Allowance bears to the total bid or estimate, and Tenant shall be responsible for paying (at each draw) the difference between the T.I. Allowance as so
funded and the contractor’s invoice. 

  

 - 7 -

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