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<br /> ❑If this box is checked,Tenant shall have the option of renewing this Lease,upon written notice given to Landlord at least
<br /> days prior to the end of the then expiring term of this Lease,for additional term(s)as specified on Exhibit B.
<br /> ❑Option to Lease-If this box is checked,Tenant,upon the payment of the sum of$ (which sum is not rental
<br /> or security deposit hereunder,but is consideration for this Option to Lease and is non-refundable under any circumstances)shall have
<br /> a period of days prior to the Lease Commencement Date("Option Period")in which to inspect the Premises and make
<br /> inquiry regarding such sign regulations, zoning regulations, utility availability, private restrictions or permits or other regulatory
<br /> requirements as Tenant may deem appropriate to satisfy itself as to the use of the Premises for Tenant's intended purposes. Tenant shall
<br /> conduct all such on-site inspections,examinations,inquiries and other review of the Premises in a good and workman like manner,shall
<br /> repair any damage to the Premises caused by Tenant's entry and on-site inspections and shall conduct same in a manner that does not
<br /> unreasonably interfere with Landlord's or any tenant's use and enjoyment of the Premises.In that respect,Tenant shall snake reasonable
<br /> efforts to undertake on-site inspections outside of the hours any tenant's business is open to the public and shall give prior notice to the
<br /> tenant at the Premises of any entry onto the Premises for the purpose of conducting inspections. Upon Landlord's request, Tenant shall
<br /> provide to Landlord evidence of general liability insurance. Tenant shall also have a right to review and inspect all contracts or other
<br /> agreements affecting or related directly to the Premises and shall be entitled to review such books and records of Landlord that relate
<br /> directly to the operation and maintenance of the Premises,provided,however,that Tenant shall not disclose any information regarding the
<br /> Premises (or any tenant therein) unless required by law and the same shall be regarded as confidential, to any person, except to its
<br /> attorneys, accountants, lenders and other professional advisors, in which case Tenant shall obtain their agreement to maintain such
<br /> confidentiality.Tenant assumes all responsibility for the acts of itself,its agents or representatives in exercising its rights under this Option
<br /> to Lease and agrees to indemnify and hold Seller harmless from any damages resulting therefrom. This indemnification obligation of
<br /> Tenant shall survive the termination of this Option to Lease or this Lease.Tenant shall,at Tenant's expense,promptly repair any damage to
<br /> the Premises caused by Tenant's entry and on-site inspections. IF TENANT CHOOSES NOT TO LEASE THE PREMISES,FOR
<br /> ANY REASON OR NO REASON, AND PROVIDES WRITTEN NOTICE TO LANDLORD THEREOF PRIOR TO THE
<br /> EXPIRATION OF THE OPTION PERIOD, THEN THIS LEASE SHALL TERMINATE AND NEITHER PARTY SHALL
<br /> HAVE ANY FURTHER OBLIGATIONS HEREUNDER AND LANDLORD SHALL RETURN TO TENANT ANY RENTAL
<br /> OR SECURITY DEPOSIT PAID TO LANDLORD HEREUNDER.Tenant shall be deemed to have exercised its Option to Lease and
<br /> to be bound under the terms of this Lease if(i)Tenant shall occupy the Premises prior to the expiration of the Option Period,whereupon
<br /> the date of occupancy shall be deemed the Lease Commencement Date,or(ii)Tenant shall not provide written notice to Landlord of its
<br /> termination of this Lease prior to the expiration of the Option Period.
<br /> RENTAL
<br /> 3. Beginning on October 23, 2019 ("Rent Commencement Date"), Tenant agrees 4topay Landlord (or its
<br /> Agent as directed by Landlord),without notice,demand,deduction or set off,an annual rental of$ Q ,
<br /> payable in equal monthly installments of$ 3,950.00 , in advance on the first day of each calendar month
<br /> during the term hereof.Upon execution of this Lease,Tenant shall pay to Landlord the first monthly installment of rent due hereunder.
<br /> Rental for any period during the term hereof which is less than one month shall be the pro-rated portion of the monthly installment of
<br /> rental due,based upon a 30 day month:
<br /> ©If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every
<br /> ONE Lease Year Anniversary by --- %over the amount then payable hereunder.In the event renewal of this Lease is
<br /> provided for in paragraph 2 hereof and effectively exercised by Tenant,the rental adjustments provided herein shall apply to the term
<br /> of the Lease so renewed,or
<br /> If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every
<br /> Lease Year Anniversary by the greater of (i) percent( %)
<br /> over the amount then payable hereunder, or, (ii) the percentage increase (but not any decrease) in the numerical index of the
<br /> "Consumer Price Index for All Urban Consumers" (1982-84= 100)published by the Bureau of Labor Statistics of the United States
<br /> Department of Labor("CPI")for the immediately preceding twelve(12)month period over the amount then payable hereunder.
<br /> ❑If this box is checked, the annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted every
<br /> Lease Year Anniversary by$ over the amount then payable hereunder.In the event renewal of this
<br /> Lease is provided for in paragraph 2 hereof and effectively exercised by Tenant,the rental adjustments provided herein shall apply to
<br /> the term of the Lease so renewed.
<br /> ❑If this box is checked,the annual rental payable hereunder(and accordingly the monthly installments)shall be adjusted as provided
<br /> on Exhibit B.
<br /> ❑If this box is checked,Tenant shall pay all rental to Landlord's Agent at the following address:
<br /> Page 2 of 12
<br /> STANDARD FORM 592-T
<br /> Revised 7/2019
<br /> Tenant Initials 4W Landlord Initials G',r ©7/2019
<br /> Produced with zipFo"n®by zipLogix 18070 Fifteen Mile Road,Fraser,Michigan 48026 www.zipLoaix.com Pasley
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