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0:cu-0-lum Schedule "J-1^ Extension Ontimt I, Crunt of Option. Subject to all of die terms and conditions of this Schedule "J-l" In Connection With Tenant's lease of die Perri,,,,, Tenant shall have two (2) options (each an "Extension Option") to extend the tern of this Lease as to the entire Premises then subject to this Lease, each for an additional term (each "Extension Term') of mxty (60) months, subject to and upon ilia terns and conditions contained in Otis EdtAule := The Extension Term shall commence upon the day Immediately following the then scheduled Expiration Date, and shell be upon the same terms and conditions as are provided for in this Lease, as then amended, except that: (a) if Tenant fails to timely exercise die Extension Option, Cie Extension Option (and any other rights to extend or renew the Tern) shall lapse and Tenant shall have no indu right to extend die Term of (tic Lease, (b) there shaft be no further options to extend the Tenn pursuant to this Schedute'9-1" or otherwise following the second (20t) Extension Term, (c) Tenant shall not be entitled to any credit against Rent or any other rent concession or rent allowance or abatement of Real, except as specifically provided in the delmidon of ilia FMRR, (d) the Base Rent for the Extension Term shall he as provided in Section I of this .SchC&IC , 1,=' and (e) the Base Year for the Extension Term shall be the calendar year in which the Extension Term commences. 2 Exercise An Extension Option maybe exercised only by Tenant giving written notice of exercise (an "Extension Notice") to Landlord on or before the date that is not more than twelve (121 and not less than nine (9) months prior to die then scheduled Expiration Date. If Tenant does not deliver an Extension Notice to Landlord within the time parted setforth above (time being of the essence), than Tenant shall be deemed to have forevcr waived and relinquished the Extension Option, and any other options or rights to renew or extend the Term eftedve after the then Expiration Dale shall terminate. 3 Annual Base [tent. The Base Rent payable for the Premises during an Extension Tenn (the "Extension Tern Rase Real') shall be equal to (a) the Rentable Area or the Premises then subject to this Lease, multiplied by (b) the FMRR of the Premises as of the first day (an "Adjustment Date) orsuch Extension Term, and shall badetermfned as follows. 3.1 trTcnant duly exercises the Extension Option, Landlord shall within thirty (30) days thereafter, deliver to Tenant a written notice (a "Market Rent Notice") or Landlord'sdeteramaidon of what Landlord then believes time FMRR (and Extension Tent Base Rent) would be for the Premises daring die Extension Term. 3.2 wit t� (16) days after Te umVs receipt of Market Rent Notice, Tenant shall deliver to Landlord written notice (a "Market - Rent Response Notice"} electing either. (a) to accept the FMRR (and Extension Term Base Rent) set forth in the Market Rent Notice, in which case the FMRR (and Extension Term Base Real) shall he as set forth In the Market Rent Notice, or (h) to reject LandloWs determination of the FMRR (mud Extens(on'renn Base Rent), in which care Cie F?JRR (and Extension Tenn Base Rent) shall be determined in accordance with schedule "j.3". 3.3 If Tenant rails to deliver Temiat's Market Rent Response Notice within ten (1 C) days after its reccipt ara Market Rent Notice (or fails in its Market Response Notice to expressly. reject Landlord's.detennination of the:Flr(RR (and Extension Term Rase Rent) set forth in a Markel Rent Notice), Tenant shall caimtusivcly be deemed to have accepted Landlord's determination or the FMRR (and Extension Term Base Rent) set forth in the Market Rent Notice. gill 61'CWic• Cauer tar—Ceb•ejinxra d". Lerre Exhibit 1 80A-471