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BASE RENT: Tenant shall pay $15.00/RSF plus sales tax on a <br />NNN Basis with 3% annual increases. Option <br />term rent shall be at Fair Market Value, with a <br />minimum increase of 3% of prior year's rental. <br />CAM: <br />Tenant shall pay an annual additional Common <br />Area Maintenance (CAM) charge estimated at <br />$3.50 psf to cover property operating expenses. <br />SECURITY DEPOSIT: Equal to two (2) months' rent due at time of Lease <br />execution in addition to first month's rent. Subject <br />to review of tenant's financials, which are hereby <br />requested. Lease may be assignable by Tenant <br />to successor entity provided such entity has <br />equivalent financial position of Tenant. <br />GUARANTOR: Tenant will be required to have a Personal <br />Guarantee. <br />SIGNAGE: Tenant will receive rights to their pro -rata share of <br />building monument signage (2) subject to <br />Landlord & Government approval. In addition to <br />monument signage, Tenant shall be permitted to <br />use (re -purpose) the existing signage on the north <br />and east exterior of the building. <br />TERMINATION: Tenant shall have the right to terminate the lease <br />after month 30 of the lease. Tenant will be <br />required to provide no less than 6 -months notice <br />to the landlord. In the event that the tenant <br />terminates the lease, Tenant shall pay a <br />termination fee equal to the unamortized leasing <br />commissions, abated rent, and any tenant <br />improvements funded by Landlord, plus a simple <br />interest rate of 6% on all of such sums. These <br />sums shall be amortized ratably over the initial <br />Term of this Lease. <br />BROKERAGE COMMISSIONS: Two percent (2%) of the lease rate shall be paid <br />to tenant's broker <br />M. <br />