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GTP Site ID: FL -5586 GTP Site Name: Vero Beach (b) From and after the date of this Agreement as set forth above for the time period set forth below (the "Testing Period"), and at any time during the term of this Agreement, Global Tower and its agents, engineers, surveyors and other representatives will have the right to enter upon the Property to inspect, examine, conduct soil borings, drainage testing, material sampling, and other geological or engineering tests or studies of the Property (collectively, the "Tests"), to apply for and obtain licenses, permits, approvals, or other relief required of or deemed necessary or appropriate at Global Tower's sole discretion for its use of the Premises and include, without limitation, applications for zoning variances, zoning ordinances, amendments, special use permits, and construction permits (collectively, the "Government Approvals"), initiate the ordering and/or scheduling of necessary utilities, and otherwise to do those things on or off the Property that, in the opinion of Global Tower, are necessary in Global Tower's sole discretion to determine the physical condition of the Property, the environmental history of the Property, County's title to the Property and the feasibility or suitability of the Property for Global Tower's Permitted Use, all at Global Tower's expense. Global Tower will not be liable to County or any third party on account of any pre-existing defect or condition on or with respect to the Property, whether or not such defect or condition is disclosed by Global Tower's inspection. Global Tower will restore the Property to its condition as it existed at the commencement of the Testing Period (as defined below), reasonable wear and tear and casualty not caused by Global Tower excepted. In addition, Global Tower shall indemnify, defend and hold County harmless from and against any and all injury, loss, damage or claims arising directly out of Global Tower's Tests. (c) Plans submitted by Global Tower call for the new tower to be supported by guy wires and the County agrees to grant, by separate document if needed, an aerial easement for the guy wires. 2. TERM. (a) This License shall commence on date Global Tower begins construction at the site (the "Commencement Date"), which shall be confirmed in writing from Global Tower to County. Unless extended or sooner terminated as herein provided, the term shall be for a period of one hundred twenty (120) months (ten years) following the Commencement Date ("Initial Term"). (b) Global Tower shall have the option to extend the term of this License for four (4) successive additional periods of 60 months (five years) each (each a "Renewal Term"). Each Renewal Term shall commence automatically, unless Global Tower delivers notice to County of its intent not to renew, such notice to be delivered not less than thirty (30) days prior to the end of the then -current term. (c) Upon expiration of this lease agreement, Global Tower shall remove the tower or transfer ownership of the tower to the County, at the County's option. 3. LICENSE FEE. Global Tower shall pay license fee to County beginning at Commencement Date a monthly fee payment that shall consist of the following: (a) a sum equal to thirty five percent (35%) of the rent or any fees paid by any tenants, licensees or sublicensees to Global Tower except the County shall not be entitled to any rent or fees from the following tenants: The United States Coast Guard Rescue 21 Project. (b) The parties agree that the County has the following tenants leasing space of the existing tower: Florida Power and Light. Federal Aviation Administration and the County shall continue to receive rent from these tenants. Global Tower shall have no right to any rent paid by the existing County tenants. Global agrees to move the equipment of any other non -rent paying tenants on the existing tower to the new tower at Global's expense. (c) The rent or license fees shall be paid by Global at the address set forth above on or before the fifth (5`I') day of each calendar month in advance. Rent will be prorated for any partial month. The initial License fee payment will be forwarded by Global Tower to County within thirty (30) days from Commencement Date. 2