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3 <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 workmanlike 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 make 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. (a) Rent. Beginning on ("Rent Commencement Date"), Tenant agrees to pay <br /> Landlord (or its Agent as directed by Landlord), without notice, demand, deduction or set off, an annual rental of <br /> $ ,payable in equal monthly installments of$ , in advance on the first <br /> day of each calendar month during the term hereof. Upon execution of this Lease, Tenant shall pay to Landlord the first monthly <br /> installment of rent due hereunder. Rental for any period during the term hereof which is less than one month shall be the pro-rated <br /> portion of the monthly installment of rental due,based upon a 30-day month. <br /> (b) Rent Adjustment. The annual rental payable hereunder (and accordingly the monthly installments) shall be adjusted <br /> every Lease Year Anniversary, including any Lease Year Anniversaries resulting from a renewal exercised by Tenant in Section 2 <br /> herein,by(check only one): <br /> ❑ %OR$ over the amount then payable hereunder. <br /> ❑The greater of: (i) % over the amount then payable hereunder, or, (ii) the percentage increase (but not any <br /> decrease) in the numerical index of the "Consumer Price Index for All Urban Consumers" (1982-84= 100)published by the <br /> Bureau of Labor Statistics of the United States Department of Labor ("CPI") for the immediately preceding twelve (12) <br /> month period over the amount then payable hereunder. <br /> ❑The annual rental payable hereunder(and accordingly the monthly installments) shall be adjusted as provided on Exhibit <br /> B. <br /> Page 2 of 12 <br /> STANDARD FORM 592-T <br /> Revised 7/2024 <br /> Tenant Initials Landlord Initials ©7/2024 <br /> Produced with Lone Wolf Transactions(zipForm Edition)717 N Harwood St,Suite 2200,Dallas,TX 75201 www.lwolf.com HREG <br />