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2(b) Optionee makes a Non - Applicable Deposit of Twenty -Three Thousand Six Hundred Twenty Five Dollars ($23,625) on February 1, 2011 (for the Extension Period ending on February 28, 2011), and if the Closing occurs on February 15, 2011, then there shall be no proration of such Non - Applicable Deposit notwithstanding that the Closing occurs prior to the expiration of the applicable Extension Period. The Applicable Deposits (together with the Initial Deposit and the Option Payment) shall be fully credited to the Purchase Price irrespective of when the Closing occurs. (e) Other Amounts. Any other operating expense or other items pertaining to the Real Property which are customarily prorated between buyers and sellers of real property in the County shall be prorated between Owner and Optionee in accordance with local custom. (f) Post - Closing Adjustments. Except as otherwise provided in this Agreement, any revenue or expense amount that cannot be ascertained with certainty as of the Closing Date shall be prorated on the basis of the parties' reasonable estimates of such amount, and shall be the subject of a final proration after the Closing. Owner and Optionee agree that, to the extent items are prorated or adjusted at Closing on the basis of estimates, or are not prorated or adjusted at Closing pending actual receipt of funds or compilation of information upon which such prorations or adjustments are to be based, each of them will, upon a proper accounting, pay to the other such amounts as may be necessary such that Owner will receive the benefit of all income and will pay all expenses of the Property prior to the Closing Date and Optionee will receive all income and will pay all expenses of the Property after the Closing Date. Owner and Optionee agree that as soon as reasonably possible, but in no event later than April 15, 2012, the parties shall undertake a final master reconciliation of taxes and other operating expenses with respect to the Property. Such reconciliation shall be final. (g) Existing Lease. Owner and the Tenant shall prorate all operating expenses, taxes, and other expenses and costs owing under the Existing Lease outside of Escrow. Optionee shall have no liability for any such expenses or costs relating to any period prior to the Closing. 8. Possession. Pursuant to the New Lease, Tenant shall retain possession of the Property as of the Closing Date. At the Closing, Owner shall deliver exclusive possession of the Property to Optionee subject only to the rights of the Tenant under the New Lease. 9. Authorization to Enter; Cooperation. (a) Authorization to Enter. From and after the Execution Date, Optionee and its agents, employees, contractors, consultants, and other designees (collectively, "Optionee's Authorized Parties ") may, upon three (3) business days' prior written notice, enter upon the Real Property to conduct any activity and perform any investigation, test, study or analysis for the purpose of determining the feasibility of the Real Property for Optionee's planned development of the Real Property, including, but not limited to, soils studies, Phase I and/or Phase II Hazardous Materials (as defined in Paragraph 12(d)) studies, engineering and soil studies, tree surveys, archeological studies, biological studies, utilities studies, hydrology studies and any other matters necessary to evaluate the suitability of the Real Property for Optionee's contemplated purposes. Notwithstanding the above (i) no invasive testing shall be done without Option Agreement 20 Chemical 10.05. 2010 v.5 10