Agmt96 Bay Area Cellular Telephone Company-AKA Cingular and AT&T

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event of any discrepancy between such survey and the description of the boundary of the Leased Premises contained herein. 2. TERM. The term of this Lease (the" Initial Term") shall be five (5) years commencing as of the date that this Lease is approved by Lessor (the "Commencement Date") and terminating on the fifth anniversary of the Commencement Date, unless earlier terminated as provided in this Lease. By written notice given to Lessor no later than sixty (60) days prior to the expiration of each term, Lessee shall have the option to renew this Lease for two successive optional extension terms of five (5) years each (separately referred to as the "Extended Terms" and collectively referred to as the "Extended Terms"), with the understanding that all terms, conditions and requirements of this Lease shall continue in effect during the Extended Terms (except the number of remaining Extended Terms and the amount of annual rent). Unless otherwise expressly provided, as used in this Lease, the word "Term" shall mean the Initial Term and the Extended Terms. 3. RENT AL. (a) Lessee shall pay to the Lessor as annual rent during the Term and the Extended Terms for the Leased Premises without deduction, offset, prior notice or demand, in lawful money of the United States, the sum of Nineteen Thousand Nine Hundred Ninety Nine Dollars and 92/100 ($19,999.92.00), which shall be due and payable in monthly installments of One Thousand Six Hundred Sixty Six Dollars and 66/100 ($1,666.66) each on the first day of each month in advance beginning on the Commencement Date. In the event that this Lease is terminated prior to the expiration of any Term or Extended Term herein, Lessee shall be reimbursed for any prepaid rent, less any amount due to Lessor by Lessee. (b) Annual rent shall be subject to adjustment at the commencement of each Extended Term (separately referred to as the "Adjustment Date" and collectively referred to as "Adjustment Dates") as follows: The basis for computing the adjustment, as to each respective Extended Term, is the Consumer Price Index published by the United States Department of Labor, specifically the Consumer Price Index U.S. City Average For All Urban Consumers All Items 1982-1984 =100 for the San Francisco - Oakland - San Jose - CMSA, published by the United States Department of Labor, Bureau of Labor Statistics (the "Index"). The difference between the Index that is in effect on the date of the commencement of the immediately preceding Initial Term or Extended Term, as the case may be (the "Beginning Index") and the Index published most immediately preceding the Adjustment Date in question (the "Extension Index") is to be used in determining the amount of the adjustment. As to each respective Extended Term, if the Extension Index has increased over the Beginning Index, the minimum monthly rental for the following Extended Term shall be set by multiplying the rental in effect during the month preceding the Adjustment Date by a fraction, the numerator of which is the Extension Index and the 2 . "---.-