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4. TERM (2.2 S) 2 The term of this Lease shall be Ten (10) years, commencing the first day of the first full calendar 4 month following the date of execution by COUNTY, or commencing the first day of the first full calendar month following the completion by LESSOR of the work set out in Clause 8 entitled (CONSTRUCTION), 6 below, whichever date is later. 8 Parties agree that the commencement date of this Lease will be confirmed in writing by either party upon demand by the other. 10 12 B. Clause 7. (RENT ADJUSTMENT) is deleted in its entirety from the Lease and the following is substituted: 14 7. RENT ADJUSTMENT (3.313 N) 16 COUNTY's monthly rent payments shall be subject to automatic adjustment at the beginning of the 18 2 n 4th 7tH Stn I hn 13tH, 15" year(s) of the lease term. Said adjustment shall be proportionate to the change in the Consumer Price Index for Los Angeles—Anaheim—Riverside (All Urban Consumers—All Items, 20 1982-84 = 100) promulgated by the Bureau of Labor Statistics of the U.S. Department of Labor or any replacement index thereto for the period of time between the commencement date of the lease term and the 22 adjustment date. The increase or decrease shall be calculated by means of the following formula: 24 Adjusted Rent = A x B C 26 A= $7,307.10 B = Monthly index for the fourth month prior to the month in which the rent increase is to become 28 effective. 30 C = Monthly index for the fourth month prior to the month in which the lease term commences. 32 Notwithstanding the above, the Adjusted Rent shall not exceed 105% of the previous monthly rent. 34 C. Clause 10 (ALTERATIONS) is deleted in its entirety from the Lease and the following is substituted: 36 10. ALTERATIONS (4.4 N) 38 COUNTY may make improvements or request LESSOR, in LESSOR's sole discretion, to make improvements and changes in the Premises, including but not limited to the installation of fixtures, 40 partitions, counters, shelving, and equipment as deemed necessary or appropriate with written consent of LESSOR, which shall not be unreasonably withheld. It is agreed that any such fixtures, partitions, 42 counters, shelving, or equipment attached to or placed upon the Premises by COUNTY or LESSOR at COUNTY request shall be considered as personal property of COUNTY, who shall have the right to 44 remove same. COUNTY agrees that the Premises shall be left in as good condition as when received, reasonable wear and tear excepted. 46 1" Amendment The Depot at Santa Ana - CalWORKS Page 2 of 8 3/17/04 GA 1213-115-1