|
EXHIBIT 3
<br />EXHIBIT "K"
<br />r YE13ROIY SIGN
<br />I. Grant of Rights. In connection wida Tenant's lease ol'the Premises, subject to all of the temps and conditions of this Exhlblt IV' Tenant
<br />shall have the non.exclusive right to cause Landlord to display sigwge idle "Eyebrow Sign") identifying Tenant by its Business Name (defined
<br />below) on the Building in the location described in Section 2.1 ordris Exhihil I L % All orihe Tenant's rights under this Exhibit "K" are personal to
<br />the Original Tenant and ore not transferable in connection with any Transferorotherwlse, "Business Name" nieams only "City of Santa Ana", or any
<br />other business or trade name of Tenant (fort not an Objectionable Name. "Objectlonable Name" means any name that: (u) relates to on entity (lint is
<br />of a character or reputation, or is associated with a political orientation or foction that is materially inconsistent with the quality of the Project, or
<br />which would otherwise reasonably offend an institutional quality landlord ora bullding comparable to the Buildings in Downtown Santa Ana, taking
<br />Into consideration the size and Osibllity of the Pylon Sign or (b) conflicts with any then existing covenants in other leases of space in the Building or
<br />Project.
<br />2. Locithant Snacliieatlonsand Pc
<br />2,1 Subject to Section 2.2 of this Exilicis'W below, The Eyebrow Sign shell be located on the "eyebrow ievel , ofthe Building qx,,
<br />just above the first floor of the Building) on a side of oho Building reasonably designated by Landlord. The graphics, materials, color, design,
<br />Ietterlia& size, exact location, lighting (if any) and specifications and all other aesthetic factors (collectively, the "Sign Speeiilentions") of the
<br />Eyebrow Sign shall be approved by Landlord in its sole and absolute discretion, In addition, all of Tenant's rights under this Exhibit "K" with
<br />respect to the Eyebrow Sign shall be subject to: (a) the receipt of and continuing compliance with all required govemmeatal permits and approvals
<br />(and the submission of copies thereof to Landlord) required for the installation and continuing display of each of the Eyebrow Sign and (b) the
<br />continuing compliance of doe Eyebrow Sign with all applicable Laws.
<br />2.2 Landlord shall have the right, in Its sole but good faith discretion to: (a) position end/or reposition the Eyebrow Sign on the
<br />Building in any manner ss it shall reasonably determine (provided that such Eyebrow Sign shall he located on the side of the Building described in
<br />Section 2.1 of this Exhibit "K' abovo), and (b) place on or about the Building or Project (or on other signs for the Building or Project); (i) doe name
<br />of (and/or other Identifying information for) Landlord, the Building and/or Projector (it) snob odor names, business names, trade names or affiliate
<br />names representing such other tenants or persons, In elther case, as Landlord shall delems(ne in its sole and absolute discredon,
<br />3 Cost sad Nlnfntem neq. The Eyebrow Sign shall be fabricated and installed by a contractor retained by Landlord, and shall be operated,
<br />and maintained by Landlord. Tenant shall, within ten (10) business days following Landlord's demand therefor, reimburse Landlord as Additional
<br />Rent, for all costs and expenses actually incunred by Landlord in connection with or relating to die fabrlcation, installation, operation, maintenance,
<br />repair, and eventual removal and disposal of the Eyebrow Sign, including, widrma limitation, the cost of utility charges and hook-up fees (if
<br />applicable), permits, and maintenance and repalm The temps of this Section 3 of this Exhibit "K" shall survive the expiration or earlier termination.
<br />of this Lease.
<br />Termination; Remove ,
<br />4.1 Nonvithstnnding any provision of this Lease to the contrary, by notice delivered to Tenant, Landlord may, at its option, elect to
<br />tenninate all of Tenant's rights with respect to the Eyebrow Sign: (a) at any time that die Original Tenant (together with any Permitted State &
<br />County Transferees in accordance with Section 11,12 above) is no longer leasing and occupying 20,000 RSP in the Building, (b) If this Lease is
<br />assigned to any Person, or (e) if may Event of Default occurs.
<br />4.2 Upon die expiration at- earlier termination of this Lease, or alter termination of Tenant's rights with respect to the Eyebrow Sign
<br />us provided above, Landlord may, at Tentu is sole cost and expense remove the Eyebrow Sign from the Building and cause the areas in which such
<br />Eyebrow Sign was located to be restated to the condition existing immediately prior to die placement of such sign (subject to ordinary wear and lem•)
<br />Tenant shall reimburse Landlord for nil of its costs Incurred In connection therewith In accordance with Section 3 of this Exhibit " <" above. The
<br />teams orlhis Section 4.2 oFthis Exhibit "K" shall survive the expiration or earlier lanninotion of this Lease.
<br />Sol O'Chic Cealvr Dr— L'io• ofSmUnAnn 6cnrua . t- L'xhtbit K
<br />80A-711
<br />
|