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8 <br /> Slide #4 <br /> Chapel Hill Office Location <br /> A <br /> k A� <br /> * 419 W.Franklin St.—Existing Well Dot office location highlighted in Red <br /> * 501 &503 VV.Franklin Street and 108 S. Roberson Street- Proposed <br /> additional location highlighted in Fl-wrplp <br /> ORANGE COUNTY <br /> NOV11 L(-.A]?A)J.LNA <br /> Slide #5 <br /> Lease Agreement <br /> Initial ten yearleaseterm with option for two additionalfive year <br /> terms. <br /> -P Well Dot. Inc..will pay Orange County an initial deposit of <br /> $2 50,000.00 and then $4-04,576.04 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 Wel I Dot, I no-, <br /> may exercise an option to purchase the property- <br /> ORANGE COUNTY <br /> 5 N3OFM I CAROLINA <br />