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EXHIBIT 1B
<br />15,1,1 Any Ihilum by Tenon to pay any Rent or any other charge required to be paid under this Lease, or any pan thereof (or
<br />to perform any of Its obligations under Arlicl above), if such failure continues for three (3) days following Landlord's delivery of written notice
<br />thereof.
<br />15.1.2 The abandonment or the Premises by Tenant, or the vacation of the Premises by Tenant for a period of ten (10)
<br />consecutive days (with or without the payment of Rent), or the failure of Tenant to lake occupancy of the Premises within thirty (30) days of die
<br />Commencement Dote (it being agreed that Ilia fact that any of Tenant's Property remains in die Premises shall not be evidence dint Tenant has not
<br />vacnLed or abandoned die Premises).
<br />15.1.3 Any failure by Tenant to execute and deiiverany sin tement or document describad in Aid c12 requested by Landlord
<br />within the Lima periods ape of lied therein, If such failure continues for three (3) days after Londtard's delivery o f written notice thereof.
<br />15.1.4 The failure by Tenant to observe or perform any other provision of this Lease to be observed or performed by Tenant,
<br />other than those described in $gglions Mill 11 f2 and 15.11 above, If such faiian continues fartwonty, (20) days (except where a different period
<br />of time is specified in this Lease, in which case such different time period shall apply) after Landlord's delivery of written notice thercoll, provided,
<br />however, dint If the nature of the detlhult Is such that it cannot be cured within the twenty (20) day period, no Event or Default shall exist if Tenant
<br />commences the curing of the default within the twonly (20) day period and thereafter diligently prosecutes the same to completion,
<br />13.1.5 The making or furnishing by Tenant crony warranty, representation or statement to Landlord in connection with this
<br />Lease, or any other agreement to which Tenant and Landlord arc parties, which is false or misleading in any material respect when made or
<br />Ibmished•
<br />15.1.6 The asslgnment, subletting or other Transfer, or any attempted assignment, subletting or other Transfer, of this Lease in
<br />violation of Article 11.
<br />15.1.7 The tiling or execution or occurrence of any one of the Following: (a) a petition in bankruptcy or other insolvency
<br />proceeding by or &galas[ Tenant or any general partner of Tenant, (b) a petition or answer by Tenant or city general partner of Tenant seeking relief
<br />under any provision of tits fdakmptcy Act, (e) on assignment by Tenant or any general partner of Tenant far the beastit of creditors, (d) a petition or
<br />other proceeding by or against Tenant or any general partner of Tenant for the appointment or a trustee, receiver or liquidator of Tenant or any
<br />generalpartner of Tenant or any property of Tenant or any general partner of Tenant, (e) a proceeding by any govemmentat authority for die
<br />dissolution or liquidation of Tenant or any general partner of Tenant or any other instance whereby Tenant or any general partner of TenanL shall
<br />cease doing business as a going concern, or (0 an admission by Tenant or any general partner of Tenant of its inability to pay its debts as they
<br />become due.
<br />MIS The dagnult by any guarantor of Tenant's obligations hereunder under any guaranty of this Lease, the attempted
<br />repudiation or revocation of any such guaranty or die participation by any such guarantor in any other event described in this Section I Sl I (as if this
<br />Section 15 1.5 refen•ed to such guarantor In place ofTenant).
<br />15.1.9 Any derauitthat continues beyond the applicable notice and cure period by Tenant or any Affiliate of Tenant under any
<br />lease (other than this Lease) between; (a) Landlord or any AFfiliate of Landlord and (b) Tenant or any Affiliate orTenant.
<br />All of die notices described in this Section 5, shall be in lieu of, and not in uddltlan to, any notice required under Section 1161 of the
<br />California Code of Civil Procedure Or Oily other law now or hereafter in elft et requiring that notice of default be given prior to tie commencement or
<br />an unlawful deminer or other legal proceeding.
<br />15.2 Rem ed es, Upon die occurrence of any Event of Default by Tenant, in addition to any Other remedies available to Landiord at
<br />Iry or in equity, without any further notice or demand whatsoever Landlord shall have the option to pursue any one or more or the remedies
<br />described in Section I of i it "IT, attached hereto, each and all Of which shall, subject to applicable Inv, be cumulative and nonexclusive (and all
<br />oflhe other provisions of Section t orExhi it" "shall apply to an Event of Default by'renant hereunder),
<br />ARTICLE 16—LAIn)LORD DEFA(f1.Tt LANDLORD'S LIATOLITV
<br />16•1 Landlord Dernnit, Landlord's failure to pertbrm or observe any or its obligations under this Lease shall constitute a material
<br />default by Landlord under this Lease (a "Landlord Default") only If such failure shall continue for a period orthirty (30) days nRer Landlord (rand
<br />each Notified Party) receives written notice from Tenant specirying (and describing in reasonable detail) the alleged default (and Idendlying the
<br />applicable Lease provision(s)); provided, however, that Lfthe nature of the default fs such that it cannot be cured within the thirty (30) day period, no
<br />Landlord Default shall exist if Landlord (or any Notified Party) commences the curing of the applicable default whIlln thirty (30) days following its
<br />receipt of Tenant's default notice and thereafter diligently prosecutes the same to completion. Subject to the remaining provisions of this Lease,
<br />following die occurrence crony Landlord Derault, Tenant shall have the right to pureue any remedy available tinder Law fursuch Landlord Derhult
<br />by Landlord; provided, however, that in no case shall Tenant have any right to turiluate this lease ea account crony such Landlord Default.
<br />16.2 ):_.andlord'. Lease Undertaktnen• Notwithstanding anything to the conh•uty contained in this Lease or any Other Lease
<br />Documents, it is expressly understood and agreed liy and between the perlies hereto that: (a) the recourse of Tenant or its successors or assigns
<br />against Landlord (and the liability of Landlord to Tenunt, Its successors and assigns) with respect to: (1) any actual or alleged branch or breaches by
<br />oron the part of Landlord crony of Landlord's Lease Undertakings or (if) any mutter relating to Tenant's use or uccupaucy of the Premises shall be
<br />limited to tin amount actual to the lessor of; (x) Undlord's equity Interest in die Building and (y) the equity interest Landlord would have in die
<br />Building lithe Building ware encumbered by independent secured fiimncing equal to ciglny percent (600%) of die value of Uhe Building; (b) Tenant
<br />shall have no recourse against any other assets of Landlnnl or tiny other Landlord Parties (or their ofllcers, dimators or shareholders); (c) except to
<br />the extent of l.nndlord's equity interest In the Building(to the extent provided above), rah personal liability or personal responsibility of any sort with
<br />respect to tiny of Landlord's Lease Undertakings nr any alleged breach thereof is assumed by, or shall at any One he asserted or enfwueable ngninsl,
<br />dill tNC7rlVC0nhw Ur— .I4•
<br />80A-150
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