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<br /> <br /> <br /> <br /> Reference Date: April 12, 2006 <br /> Tenant's Initials: Landlord's Initials: <br /> 2) CONDITION OF PREMISES <br /> R( Tenant has inspected the Premises and agrees to accept the Premises in its existing "AS IS" condition. <br /> ? Tenant shall have the period of time (the "Inspection Period"), commencing at 8 a.m. HST on the day after the date of <br /> this Letter of Intent to _.m. HST on , to inspect the Premises. <br /> Landlord shall allow Tenant reasonable access to the Premises, during normal business hours, during the Inspection <br /> Period. <br /> ? Landlord shall provide Tenant with copies of the following documents for review during the Inspection Period: <br /> ? ? Landlord ? Tenant shall be responsible for obtaining a certificate of occupancy for the Premises. <br /> n) PARKING ? Applicable R( Not Applicable <br /> ? Tenant shall have the right to use reserved parking spaces and 3 unreserved parking <br /> spaces located ? in the Project OR Unreserved uarkiinu spaces <br /> ? The parking plan and the location of the reserved parking spaces, if any, are shown on Exhibit <br /> ? Tenant shall pay the following additional rental for the use of such spaces: <br /> ? a monthly fee of $ per space. <br /> ? a monthly fee of $ per unreserved space. <br /> ? a monthly fee of $ per reserved space. <br /> ? Parking shall be at prevailing rates. Current monthly rates per stall per month are $ for each reserved stall, <br /> and $ for each unreserved stall. <br /> ? No employee parking shall be allowed. <br /> a) PERMITTED USE <br /> Tenant shall use the Premises for the following uses only: <br /> Prosecuting-Att0MeyS Office--- - <br /> Tenant is solely responsible for confirming (a) that Tenant's proposed use of the Premises is permitted under applicable <br /> zoning and other laws; (b) that there is sufficient parking for such use; and (c) that Tenant will be able to secure the necessary <br /> approvals for Tenant's signage, if any. <br /> 5) INITIAL TERM <br /> The term of the lease shall be for a period commencing on the date of the lease and ending 5 years and 0.0 months <br /> after the following date (the "Term Commencement Date") (or the G(earliest ? latest of the following dates, if more than <br /> one date is checked): <br /> July 1, 2006 _ <br /> ? the date of completion of construction of tenant improvements by[] Tenant 56 Landlord. <br /> 11 the date that Tenant opens for business. <br /> Tenant shall have possession of the Premises on: <br /> 6) OPTIONS TO EXTEND W Applicable ? Not Applicable <br /> Tenant shall have 1 extension option(s) of 5 year(s) each upon 180 calendar days' written notice prior <br /> to the expiration of the term of the lease at the following rental: <br /> ? to be determined by mutual agreement. <br /> ? equal to fair market rental value. <br /> 7) BASEMENT <br /> The monthly base rent shall be as follows: <br /> [f S 1.20 per rentable square foot July 1, 2006 to June 30, 2007 <br /> f~ $ 1.23 per rentable square foot July 1, 2007 to June 30, 2008 <br /> l~ $ 1.27 per rentable square foot July 1, 2008 to June 30, 09 <br /> $ 1.31 per rentable square foot July 1, 2010 to June 30, 2011 <br /> $ 1.35 per rentable square foot July 1, 2011 to June 30, 2012 <br /> ? $ per rentable square foot to <br /> © 2000 HAWAII CCIM. ALL RIGHTS RESERVED. Any unauthorized copying, transmission, display, uploading, distribution or Page 2 <br /> adaptation is strictly prohibited and will result in liability of up to $150,000. Permission to photocopy denied. <br />