AgdaPkt 2007-09-10 - Laserfiche WebLink

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6.1 B Page 6 NOW THEREFORE, the parties agree as foilows: 1. GRANT OF LEASE �.1 I gSgG'!" E}8�'8�'Jy CJC^�l1tS t0 Le�S@� ?.� ��5� f4f u�� `�1f�i i� pr@IT�ISE i,vtlSiSiiilC�. �i Ol ic - 14'-42" x 13'-29" (191.6 square feet) enclosed areas for food preparation and distribufion, subject to the agreements, canditions and provisions set forth in this Agreement and fhe procurement of required permit(s) from the San Matea County Health Department. Lessee acknowfedges that it will be accep#ing the Premises in its completed condition per building plans that were corrtpletad by FMG Architects, Bid Sets, �'ebruary 10, 2006 ("Bid Sets"). Said Bid Sets have been reviewed by Lessee, and are incorporated h�rein by this reference. Lessee sha!( have the right ta measure the size af the Lease Area to insure size accuracy. The Lease provisions may be adjusted according to such measurements prior#o the execution of the Leas�. 2. LEASE PERIOD 2,1 Term. The term of this Agreement shaq be far five years, commencing upon the dafe of the lease execution day (Lease Commencement Date), and ending on November 1, 2017 ("Lease Expiration Date"). 2.2 Options. Lessee shall have two options ("Options"} ta extend fhe l.ease Term for two successive five year periods ("Ext�nded Terms"). Each �ption shall be exercised no earlier than one (1) year, but no later than 60 days prior to the lasf day of the �ease Term by written notice to Agency. Rent for the Extended Term shal! be as described in Section 3. All other terms and conditians of fhis Lease shalf remain in full force and effect during the Extended Term. 2,3 Definition. As used in this Lease the word "Option" has the following meaning: (1) the right or option to extend the term of this Lease. 2.4. Option Exclusive. The Option granted to Tenant in this Lease is exclusive to Tenant and may not be exercised or be assigned, voluntarily or involuntarily, by or to any person or enfify other than Tenant. 2.5 Delay in Passession. On the Lease Commencement Date, Lessee shall take possession of the Premises. If Lessee's ability to take possession by the date as set forth in this provision is delayed as a result of any of the foflowing causes, the date for deEivery sha!! be postponed without penalty to Lessee for a period of time equivalent to the period caused by such deiay: (a) acts of Lessar, its agents, or employees; (b) acts of Gad which Lessee could not reasonably have foreseen or guarded against; (c) any strikes, boycotts or like obstructive actions by employees or labar organizations and which are beyond the controi af Lessee and which cannot be reasonably overcome; ar (d) res#rictive regulatians by the Federa! Government which are enforced in connection with a national emergency. ATTY/AGR/2007.067 090407 2