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Schedule"d-t" <br />-Extension options <br />I. Grant or option. Subject to all or the terms and conditions ofHis Schedule'9.1 in connection whir Tenant's least of the Premises, <br />Tenant shall have two (2) options (each an "Extension option") to extend the term of this Lease as to the entire Premises then subject to this Lease, <br />each for an additional term (each "Extension Term") orsixty (60) months, subject to and upon the terms and conditions contained in this Schedule <br />jjt ", The Extension Term shall commence upon the day immediately rollowing the then scheduled Expiration Date, and shall be upon the some, <br />terms and conditions As air provided roe in this Lease, as then amended, except that: (a) if Tenant rails to tinsely exercise die Extension Option, the <br />Extension option (and any other eights to extend or renew the Term) shall lapse and Tenant shall have no further right to extend tlne Term of the <br />Lease, (b) there shall be no further options to extend the Term pursuant to this Schedule'9-i" or otherwise following the second (204) Extension <br />Tenn. (c) Tenant shall not be entitled to any credit against Rent or any other rent concession or sent allowance or Abatement of Rent, except as <br />specifically provided in the definition of [lie FMRR, (it) 0w Bast Rent rare the Extension Term shall be as provided in Section 3 of this Sch ule'9- <br />I. '' and (a) the Base Year for the Extension Term shall be the calendar year In which the Extension Tenn commencas. <br />2 Exercise. Air Extension option maybe exercised only by Tenant givingwritten notice of exercise (an "Extension Notice') to Landlord on <br />or before tine date that is not more than twelve (12) And not less than nine (9) months prior to die than scheduled Expiration Data, If Tenant does not <br />deliver an Extension Notice to Landlord within the time period setforth above (trot being of the esseaco), then Tenant shot] be deemed to have <br />forever valved and relinquished the Extension Option, and any other options or rights to renew or extend the Term effective after the then Expiration <br />Date shall temlinAt& <br />3 A moon] Busc Rent. The Base Rent payable for the premises during an Extension Tenn (the "Extension Term Base Rent") shall be equal <br />to (a) the Reelable Area orthe Premises then subject to this Lease, multiplied by (b) the FMRR of the Premises as of the Best day (an "Adjustment <br />Date") crouch Extension Term, And shall be determined as follows. <br />3.1 IrTenan€ duly exercises the Extension Option, Landlord shalt within thirty (30) days thereafter, deliver to Tenant a written notice <br />(a "Murket Rent Notice"') of Landlord's determination or what Landlord than believes the FMRR (and Extension Term Base Rent) would be for the <br />Premises during die Extension Tem. <br />_____- - ---- .. _..... -. --- <br />33 Within ten (10) days alterTenant's receipt of a Market, Rent Not nce, Tenant shaft deliver to Landlord written nonce (a "Marlcet <br />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 <br />the FkIRR (and Extcnslon Term Base Rent) shall be as set forth in the Markel Reat Notice, or (b) to inject. Landlord's determination of the FMRR <br />(and Exteosion'remi Base Rent), in which case the FtvTRR (And Extension Term Base Rem) shall be detenuiaed in accordance with Schedule 13-3 <br />3.3 If Tenant rails to deliver Tenant's Madcet Rent Response Notice within ten (10) days after its receipt era Market Rent Notice (or <br />fails in its Markin Response Notice to expressly reject Landlord's determination ortbe FMRR (and Extension Temr Base Rent) set forth in a Market <br />Rent Notice), Tenant shall conclusively be deemed to have accepted Landlord's detemhhnutlon of the FMRR (and Extension Term Base Rent) set <br />tooth in the Mar6l Rent Notice. <br />Ndf tt't;rt� Cnrr♦rp<—Ceevj.4anrn �hrx teen -2• -Exhibit t <br />