COM 0596.000 2010-2012 - Laserfiche WebLink

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6. Rent. Tenant shall pay to the Landlord upon completion of the Improvements,in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts,without any setoff or deduction whatsoever,a monthly rent per square foot based on 8,880 square feet as follows: Years 1-3 Years 4-5 Years 6-10 $0.00 $0.00 $0.85 Rent and other charges,including the CAM and cost of the Improvements shall be due and payable on the fifth day of the calendar month,such first installment to be prorated for the period between the date of commencement of this lease and the fifth day of the following month. Tenant will be allowed to prepay rent without penalty. Should the cost of the Improvements be fully paid prior to the expiration of the initial five(5)year terms of the lease, the monthly rent per square foot stated above for years 6-10 shall commence immediately. 7. Deposit. No deposit shall be required. 8. Common Area Maintenance and Building Services. A common area maintenance("CAM") charge that is set for the first twelve months of the lease term at NINTY-NINE CENTS per square foot,per month($0.99/sq.ft./month),will be paid in addition to the rent. Thereafter, such CAM charges will be adjusted annually on July 1 st based on the actual cost of the expenses included in the CAM charge for the prior twelve month period. Landlord shall operate and maintain the property,common area and facilities therein in a manner deemed as reasonable,appropriate and in the best interest of the tenants of the property. Landlord shall be responsible for all building services included in the CAM charges. Such services shall include,but not be limited to: electricity;water;supplies for restroom; janitorial services for lower level restrooms;rubbish hauling;grounds keeping;security patrols;air conditioning;and sewer but excludes interior maintenance,repairs,and services for leased premises including but not limited to lighting fixtures,plumbing fixtures,janitorial services,glass and windows,flooring,ceilings,walls,furniture,tenant possessions and response to security patrol trouble calls.. All such expenses for the maintenance and operation shall be included in the rental charge. Tenant acknowledges that the standard operating hours for the air conditioning units is from 6:30 a.m.to 5:00 p.m.Monday through Friday.Should Tenant request to have air-conditioning beyond these hours,it shall make a request to Landlord at least 24 hours in advance,and will pay all electrical and other costs associated with the extended use of the air-conditioning. Additionally,should extra-ordinary rubbish hauling be required,over and beyond normal office use,Tenant agrees to be solely responsible for such charges. The term"common area and facilities"as used in this lease agreement shall be deemed to include those portions of the property as are designated and/or designed for the non-exclusive use of the Tenant in common with other authorized users,and shall include,but not be limited to: parking areas;roadways;service areas;driveways;areas of ingress and egress; landscaped and planted areas;sidewalks and other pedestrian ways;corridors;courts;public washrooms; drinking fountains;community rooms;toilets;stairs;ramps;buildings or structures used in -3-