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66 <br /> Lease Agreement <br /> 0 Initial ten year lease term with option for two additional five year <br /> terms. <br /> • Well Dot, Inc. , will pay Orange County an initial deposit of <br /> $250,000.00 and then $404,576.04 in rent payments annually for the <br /> first six years. <br /> Rent will adjust to the market rate in year seven of the lease and <br /> begin a 2% annual increase in year eight. <br /> • On any lease anniversary date during the initial term Well Dot, Inc. , <br /> may exercise an option to purchase the property. <br /> ORANGE COUNTY <br /> 5 NORTH CAROLINA <br />