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17. DEFAULT: If Tenant: (a)fails to pay all rent as provided in this Lease; (b) breaches any other <br /> agreement or obligation herein set forth, Landlord may terminate this Lease. <br /> 18. CONDEMNATION: If all of the Premises or such part thereof as will make the same unusable for the <br /> purposes contemplated by this Lease be taken under the power of eminent domain (or a conveyance <br /> in lieu thereof), then this Lease shall terminate as of the date possession is taken by the condemnor, <br /> and rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the <br /> Premises is taken and Tenant can continue use of the remainder, then the Lease will not terminate, <br /> but rent shall abate in a just and proportionate amount to the loss of use occasioned by the taking. <br /> Tenant shall have no right or claim to any part of any award made to or received by the Landlord for <br /> any taking, provided, however, that Tenant shall not be prevented from making a claim against the <br /> condemning party (but not against Landlord)for any moving expenses, loss of profits, or taking of <br /> Tenant's personal property to which Tenant may be entitled. <br /> 19. MISCELLANEOUS: Headings of sections are for convenience only and shall not be considered in <br /> construing the meaning of the contents of such sections. Each of the Landlord and Tenant <br /> respectively represent that each has the lawful authority to enter into this Lease and by signing it in <br /> their name as set forth below, to be legally bound in accordance with its terms and conditions. <br /> 20. OPTION TO EXTEND: Provided that Tenant has fully complied with all the terms and conditions of <br /> this Lease and is not then in default under any term or conditions of this Lease and is not then in <br /> default under any term or condition hereof, and provided further that Tenant gives Landlord at least <br /> ninety (90) days prior written notice of exercise of this option to extend, Landlord hereby gives to <br /> Tenant the right to extend this Lease for a term of six (6) months. This extended term to expire <br /> (unless sooner terminated as in this Lease provided by reason of default on the part of Tenant) on <br /> June 30, 2001. <br /> All the terms and conditions of this Lease shall remain and be in effect during the extension, save <br /> and except that the rent to be paid by the Tenant during such extended term shall be an amount <br /> equal to the then market rate for comparable space in Carrboro, North Carolina or such other rate as <br /> may be agreed upon by Landlord and Tenant. Landlord and Tenant agree to establish the rent due <br /> for the extended term within thirty (30) days of Tenant's exercise of the option herein granted. If the <br /> parties are unable to agree as to rent to be paid for the extended term within the aforesaid thirty (30) <br /> day period, then this Lease shall expire absolutely as of its original expiration date as if Tenant had <br />