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WAMOCINSi19 <br />Selledulc <br />Extension options <br />I, grant or onion. Subject to all of the terms and conditions of Oils Schedule "J-1", in connection with Tenant's lease of die Premises., <br />Tenant shall have two (2) options (each an "Extension option") to extend the tern of this Lease as to the entire Premises Oren subject to this Lease, <br />each for an additional term (each "Extension Term") of sixty (60) months, subject to and upon the terms and conditions contained in this Schedule <br />:!l "• The Extension "term shall commence upon the day immediately following the then scheduled Expiration Date, and shall be upon the some <br />terms and conditions as are provided for in this Lease, as then amended, except that: (a) if Tenant falls to timely exercise Ore Extension option, the <br />Extension option (and any other rights to extend or renew the Term) shall lapse end Tenant shall have no Rather right to extend the Tern or the <br />Lease, (b) there shall be no further options to extend the Term pursuant to this Schedule "J•I" or otherwise following the second (2"a) Extension <br />Term, (c) Tenant shall not be entitled to any credit against Rent or any other rent concession or rent allowance or abatement of Reut, except as <br />specifically provided in the dernitlon of the FMRR, (d) the Base Rent for die Extension Term shall be as provided in Section 3 of this c ed do " <br />L", and (a) the Base Year for the Extension Term shall bathe calendar year in which the Extension Term commences. <br />2 Exgrcl5p. An Extension option may be exercised only by Tenant g(ving written notice of exercise (an "Extension Notice") to Landlord on <br />or before the date that is not more than twelve (12) and not less than nine (9) months prior to the then scheduled Expiration Date, lfTenant does not <br />deliver an Extension Notice to Landlord within the time period set forth above (time being of the essence), ten Tenant shall be deemed to have <br />forever waived and relinquished die Extension option, and any other options or rights to renew or extend the Term effective after the then Expiration <br />Date shall terminate. <br />3 Annual Bose Rent, The Base Rent payable for the Premises during an Extension Tonn (the "Extension Term Base Rent") shall be equal <br />to (a) the Rentable Area of the Premises then subject to this Lease, multiplied by (b) the FM RR of the Premises as of the first day (an "Adjustment <br />Date") ot'such Extension Term, and shall be determined as follows. <br />3.1 1 rTcnant duly exercises the Extension option, Landlord shall widrin thirty (30) days thereafter, deliver to Tenant a written notice <br />(a "Mori(et Rent Notice") or Landlord's delenninutian of what Landlord then believes the FMRR (and Extension Term Base Rent) would be for the <br />Premises during die Extension Term, <br />3.2 Within ten (10) days after Tenant's receipt ofaMarket Rent Notice, Tenant shall deliver to landlord written notice (a "'viorl,ci - <br />Beat Response Notice") electing either: (a) to accept the FMRR (and Extension Term Base Rent) set forth in the Market Rent Notice, in which case <br />the FMRR (and Extension Term Base Real) shall be as set forth In the Markel Rent Notice, or (b) to reject Landlord's determination of the FMRR <br />(and Extension •fern Base Rent), in which case the HARK (avid Extension Term Base Rent) shall be determined in accordance with Schedule U-3". <br />3.3 If Tenant fails to deliver Tenant's Mmdcet Rent Response Notice within ten (10) days oiler its receipt of n Market Rent Notice (or <br />rails in its Market Response Notice to expressly reject Landlord'sdetermination critic FMRR (and Extension Term Base. Rent) set forth in a Market <br />Rent Notice), Tenant shall enneiusivciv be deemed to have accepted Landlord's detemnhimion of the FMRR (and Extension Term Base Rent) set <br />forth in the Morlret Bent Notice. <br />srll N'CiH¢Cunler fJr-Cia•njSnuw :.inn Leave .;. Exhibit <br />80A-567 <br />