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2. RENTAL. Lessee shall pay Lessor a monthly rental ("Rental") without prior demand, deduction or set-off, on or before the first (1st) day of each month throughout the term of this Lease, at the office of the Manager of the Lessor, or at such other place or places as shall be designated from time to time by Lessor as follows: Lessee shall pay Lessor as Rental for the Leased Premises during the first three years of the Term the sum of Eight Thousand Dollars ($8,000) per year, in monthly payments of Six Hundred Sixty-six and 66/100 Dollars ($666.66), except for the last monthly payment which shall be Six Hundred Sixty- six and 74/100 Dollars ($666.74). The Rental shall be subject to adjustment (the "Adjustment") every three year lease period (the "Three Year Term") as follows: The basis for computing the Adjustment is the Consumer Price Index published by the U.S. Department of Labor, specifically the revised 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 Department of Labor, Bureau of Labor Statistics (the "Index"). The difference between the Index which is in effect on the date of the commencement of a Three Year Term (the "Beginning Index") and the Index (the "Extension Index") which is in effect on the last day of the same Three Year Term is to be used in determining the amount of the adjustment. If the Extension Index has increased over the Beginning Index, the minimum monthly rental for the Following Three Year Term ("FTYT") shall be set by multiplying the Rental in effect during the Previous Three Year Term ("PTYT") by a fraction, the Lease-01 2 G:Shared/SBSA FXS:rg 03/11/97 o3/14/97 0~/09/97R