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<br /> 10 . Assignment - Sublease . Tenant may not assign, transfer, mortgage or encumber this Lease , and
<br /> may not sublet all of the Demised Premises without the written consent of Landlord first had and
<br /> obtained . Tenant may , however sublet the portions of the Demised Premises to multiple individuals
<br /> and/or entities . Any assignment or sublease to which Landlord may consent (one consent not being any
<br /> basis to contend that Landlord should consent to a further change) shall not relieve Tenant of all of its
<br /> obligations hereunder . For the purpose of this article 10 , the word " assignment" includes the following :
<br /> if Tenant is a partnership or limited liability company, the withdrawal or change, whether voluntary,
<br /> involuntary or by operation of law, of partners or members o*ning 30 % or more of the partnership or the
<br /> limited liability company , or the dissolution thereof; or if Tenant consists of more than one person, an
<br /> assignment, whether voluntary, involuntary or by operation of law, by one persons or, if Tenant is a
<br /> corporation, any dissolution or reorganization of Tenant, or the sale or other transfer of a controlling
<br /> percentage of capital stock of Tenant, or the sale of excess of 50 % in value of the assets of Tenant . The
<br /> phrase "controlling percentage" means the ownership of, and the right to vote, stock possessing at least
<br /> 50 % of the total combined voting power of all classes of Tenant ' s capital stock issued, outstanding and
<br /> entitled to vote for the election of directors, or such lesser percentage as is required to provide actual
<br /> control over the affairs of the corporation . Acceptance of Rent by Landlord after any non-permitted
<br /> assignment shall not constitute approval thereof by Landlord .
<br /> In no event shall this Lease be assignable by operation of law, and Tenant ' s rights hereunder may
<br /> not become, and shall not be listed by Tenant as an asset under any bankruptcy, insolvency or
<br /> reorganization proceedings . Tenant is not, may not become , and shall never represent itself to be an agent
<br /> of Landlord, and Tenant expressly recognizes that Landlord ' s title is paramount, and that it can do
<br /> nothing to affect or impair Landlord ' s title other than the creation of Tenant ' s leasehold interest arising
<br /> under this Lease . If this Lease shall be assigned or the Demised Premises or any portion thereof sublet by
<br /> Tenant at a rental that exceeds all rentals to be paid to Landlord hereunder attributable to the Demised
<br /> Premises or portion thereof so assigned or sublet, then and in such event any such excess shall be paid
<br /> over to Landlord by Tenant . Landlord reserves the right to charge Tenant for any actual, out- of-pocket
<br /> costs , such as those of attorneys or other consultants , for the preparation and review of documents , for its
<br /> review and approval or disapproval of Tenant ' s assignment or sublease request .
<br /> 11 . Tenant ' s Compliance ; Insurance Requirements ; Waiver of Subrogation . Tenant shall comply
<br /> with all applicable laws , ordinances and regulations affecting the Demised Premises , now existing or
<br /> hereafter adopted, including general rules and regulations for tenants (a copy of the present rules being j
<br /> attached as Exhibit C) as may be developed from time to time by Landlord and delivered to Tenant or
<br /> posted on the Demised Premises .
<br /> Throughout the term of this Lease, Tenant at its sole cost and expense shall keep or cause to be
<br /> kept for the mutual benefit of Landlord, Landlord ' s managing agent, if applicable, and Tenant the
<br /> following insurance : ( i) commercial general liability insurance naming Landlord and Landlord ' s
<br /> managing agent, if applicable , as additional insureds against any and all claims for bodily injury and
<br /> property damage occurring in, or about or arising out of Tenant ' s , Tenant ' s authorized representatives ,
<br /> and anyone for whom Tenant is responsible arising out of and in connection with the Demised Premises,
<br /> with combined single limit coverage of at least $ 1 , 000 , 000 . 00 per occurrence and $ 2 , 000 , 000 aggregate
<br /> limit (and if Tenant has other locations that it owns or leases , the policy shall include an aggregate limit
<br /> per location endorsement) , and which shall insure Tenant ' s performance of the indemnity provisions
<br /> contained herein, provided in no event shall the limits of such insurance be considered as limiting the
<br /> liability of Tenant under this Lease ; (ii) personal property insurance insuring all equipment, trade fixtures,
<br /> r in the Demised Premises for perils covered by the
<br /> inventory, fixtures and personal property located ono P
<br /> causes of loss- special form (all risk) , such insurance to be written on a replacement cost basis in an
<br /> amount equal to full replacement value of the aggregate of the foregoing property , (iii) workers '
<br /> compensation insurance in accordance with statutory law and employer ' s liability insurance with a limit
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