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Schedule "J,in <br />Actermhilna 17MRR, <br />For purposes of dotorntining the FMRR, the following procedure Shill apply; <br />I If Tonant duly exercises any Extension Option and duly rejoets Landlord's detertrinatlon (in Its Market Rent Notice or the FMRR for the <br />Extension, then Landlord and Tonant shall endeavor to agree upon the FMRR for rite Rxtcusian Term on or before the Outside Agreement Dole <br />(dellned below). If Landlordl and Tenant are unable to agree upon the FMRR far the Extension Term on or belbre the Outside Agreement bate, then <br />die FMRR for the Extension Term shall be determined by arbitration pursuant to Section 2 urthis Schedule "J-3 Tha"Oufdda Agreement Dnte" <br />111MIS the dale that is ten (10) business days alter the date that Tenant notifies Landlord, In Its Marital Real Romponse Notice that Tenant has rejouted <br />Lmdlord's initial delannination orthe FMRR for the. Extension Term. <br />2 if Landlord and Tenant shall fall to agree upon the FMRR for the Extenstml Term oil or before the applicable Outside Agreement Date, <br />then within ten (10) business days thereafter, each of Landlord and Tenant shall submit to the other its Yield demrmlandon of the FMRR for the <br />Extension Team and such final determinations shall be sabaililad to arbitration (as Tenant's and Landlord's "Submitted FMRR," respectively) in . <br />accordance with the following: <br />2.1 Landlord and Tenant Slnall each appoint one arbitrator who shall by profession be a real estate broker who Shall have been active <br />in die teasing orthe project and the Comparable Buildings over die five (5) year period ending oil the date or %uch appointment. The determination <br />Mile arbitrators shall be tented solely to the issue as to whether Landlord's or Tenant's Submitted FMRR is *a closest to the actual FMRR for the <br />Extension Term, as determined by the arbitrators, taking Into nocounl the requirements of this Sol .".1.3`t Each such srblramr shall be <br />appointed withfn fifteen (15) business days spier the Outside Agreamant Date, <br />2.2 The two arbitrators so appointed shall, within ten (10) business days a(' the date oPtha appoinbnom of the second appointed <br />arbitrator, agree upon and appoint a Cited arbitrator who shall be qualified under the same standard as described in &often 2.1 of this ,5� hildtda'y3" <br />(with respect to appointment of the Initial two arbitrators). <br />2.3 The three arbitrators shall, within thirty (30) days of the appointment of the third arbitrator, reach it decision its to whether the <br />parties shall use Landlord's or Tomint's Submitted FMRR and shall notify landlord and Tenant thereof; provided that: (n) if either Landlord or <br />Tenant kilts to appoint an arbitrator within p9een (15) business day period described in Section 2.1 of this Schedule "J-3", then the arbitrator <br />appointed by the other party shall solely reach a decision as to the FMRR the the Extension Term an(] notify Landlord cud Tonant thereof within <br />thirty (30) days following exphatton of such fifteen (15) business day period, and such mbitrotoi"s deaision shall be binding upon Landlord and <br />Tenant, and (b) if the two arbitrators frill to agree upon and appoint a dihd arbitrator, of both parties fail to appoint an arbitrator, than the appohmnent <br />critic third arbitrator or any arbitrator shall be dismissed and the matter to be decided shall be promptly submitted to arbitration under the provisions <br />of the Anicrlcan Arbitration Association (the "AAA"), but subject to the Instructions set fortb in this Schedule `J-31. <br />2.4 The deoisiou oftlie majority of the three arbitrators (or in the case ere decision made under clause (a) or (b) of Section 2,3 of this <br />f aA11 c •it-3", the decision ofthe single arbitrator or the arbitrator(ld appointed by the AAA) shall be binding upon Landlord and Tenant, shall be in <br />writing and shall be non-appealebla, and counteipmt copies thereof shall be delivered to Landlord and Tenant. A judgment or order based upon such <br />sword may be entered in any court of competonI jm9sdictlun, In rendering their decision and award, the arbitrators chat have no power to vary, <br />mod Cy or amend any provislon o f ill Is Lease. <br />2.5 Landlord and Tenunl shun esch bear 50%of the cost of the arbinntlan described is this Sect! on 2 aI'th13 Schedule J-3" <br />801 tit' ('Ale Dr —Cary n/,Snnnr Ann Lama -I. Exhibit 1 <br />