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(b) Performance. Tenant shall, in a manner consistent with the Approved Plans: (i) install its
<br />leasehold improvements, trade fixtures and equipment; and (ii) complete all other Tenant's Work. Prior to
<br />performing Tenant's Work, Tenant shall: (i) obtain all permits, licenses and approvals required for Tenant to
<br />perform Tenant's Work; and (ii) deliver to Landlord: (a) copies of such permits, licenses and approvals; and (b)
<br />evidence reasonably satisfactory to Landlord that Tenant has procured workers' compensation, builder's risk,
<br />general liability, and personal and property damage insurance as Landlord reasonably may require. Tenant shall: (i)
<br />perform Tenant's Work: (a) in accordance with the Approved Plans and all permits, licenses and approvals; and (b)
<br />in a good and workmanlike manner and in compliance with all applicable laws, statutes, and/or ordinances and any
<br />applicable governmental rules, regulations, guidelines, orders, and/or decrees (the "Laws"); (ii) ensure that all
<br />contractors, subcontractors, laborers and suppliers performing work or supplying materials are paid in full; and (iii)
<br />observe and perform all of its obligations under this Lease (except its obligation to pay Rent) at all times after the
<br />Commencement Date.
<br />ARTICLE V.
<br />RENT.
<br />5.1. Rent. Commencing one hundred eighty days from December 1, 2013, Tenant shall pay to
<br />Landlord, in lawful United States currency without notice, demand, deduction, set -off, counterclaim or recoupment,
<br />and without relief from valuation or appraisement laws, the Rent, as set forth in Section 1.2, including Base Rent
<br />plus the Additional Rent charges (collectively, the "Rent'), together with any sales, use, or other taxes assessed
<br />thereon for the use and occupancy of the Premises. Rent shall be paid in monthly installments commencing as
<br />provided herein and thereafter during the entire Term or Extended Term on or before the fifteenth (15") day of each
<br />calendar month, in advance. Tenant's obligations under this Section 5.1 shall survive the Termination Date.
<br />5.2. Additional Rent. Commencing as provided in Section 5.1, Tenant shall pay to Landlord, as part
<br />of Rent, Additional Rent (the "Additional Rent"), all other sums, charges, and payments required to be paid by
<br />Tenant to Landlord under this Lease, whether or not the same are designated as Additional Rent including, but not
<br />limited to, Tenant's Pro Rata Share of the Center Expenses, as defined in Section 5.7(a). If any sum or charge is not
<br />paid at the time provided in this Lease, then it shall be collectible as Additional Rent with the next monthly
<br />installment of Rent; provided that nothing contained herein shall be deemed to suspend or delay the payment of such
<br />sum or charge, or to limit any right or remedy of Landlord with respect to its nonpayment.
<br />5.3. Late Charge. Any amount of Rent that is overdue shall bear interest at the lesser of (a) the
<br />maximum rate payable by Tenant under State law; or (b) the rate of twelve percent (12 %) per annum from the date
<br />when such amount is due and payable under this Lease until the date paid. If any amount of Rent is paid more than
<br />five (5) days after written notice of its due date, then Landlord shall be entitled to a late payment fee of One Hundred
<br />Dollars ($100.00) in addition to the interest charge set forth in this Section 5.3.
<br />5.4. Common Exoenses.
<br />a. Pro Rata Share. Tenant's "Pro Rata Share" shall be a fraction: (a) the numerator of which is the Floor
<br />Area, as defined in Section 1.1; and (b) the denominator of which is the square footage of all areas
<br />leasable to tenants in the Building. As of the Effective Date, Tenant's Pro Rata Share is 1,200/11,057
<br />or 10.85 %. Tenant's Pro Rata Share shall be re- calculated from time to time if either the numerator or
<br />the denominator changes.
<br />b. Payment. Tenant shall pay to Landlord its Pro Rata Share of the Common Expenses, as hereinafter
<br />defined (the "CAM Contribution "), which share shall equal the amount of all Common Expenses,
<br />multiplied by Tenant's Pro Rata Share. The obligations of Tenant under this Section 5.4 to make
<br />payment for expenses incurred prior to the Termination Date shall survive the Termination Date.
<br />c. Common Expenses. "Common Expenses" shall mean all costs and expenses of every kind or nature
<br />paid or incurred by Landlord during the Term in operating, managing and servicing the Building,
<br />including, without limitation: (i) reasonable and customary management fees; (ii) wages, salaries and
<br />benefits of maintenance personnel (not to exceed the amount fairly and equitably allocated to the
<br />Building); (iii) charges under maintenance contracts; (iv) costs and expenses to perform or provide
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