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CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT (2)
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CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT (2)
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Last modified
3/27/2020 8:39:57 AM
Creation date
5/29/2019 10:06:04 AM
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Contracts
Company Name
CALIFORNIA, STATE OF EMPLOYMENT DEVELOPMENT DEPARTMENT
Contract #
A-2019-072
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2023
Destruction Year
2028
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EXHIBIT "J" <br />OPTIONS <br />This Ex 'hi ",1" consists of the following Schedules: Schedule "b1" (Extension Option[s]); Schedule ` -2" (Additional Space Opdon[s]); and <br />Schedule "J-3" (Determination of FMRR), all of which are incorporated herein by this reference. Notwithstanding anything to the contrary in this <br />Lease: (a) all of the rights and options of Tenant that are described in this Exhibit'9" (collectively, the "Options") are and shall be personal to the <br />Original Tenant, are not transferable and may only be exercised by the Original Tenant (and not by any assignee, sublessee or other Transferee of <br />Tenant's interest in this Lease). and (b) the Extension Option and Right of First Offer may be exercised only on Ale condition that, at the applicable <br />time, the Original Tenant then occupies the entire Premises. In addition, notwithstanding anything to Ate contrary in this Lease, at the election of <br />Landlord (in its sole and absolute discretion): (i) any attempted exercise by Tenant of the Extension Option or Right of First Ot}er shall be invalid <br />and ineffective if, as of the date of such attempted exercise: (A) Tenant is in default under this Lease or (B) Tenant has previously been In default <br />under this Lease more than two times, and (ii) Was of the date that Vie Extension Option „or Tenant's lease of any Leased First Right Space (defined <br />below) would otherwise commence: (A) Tenant is in default under this Leaseor(B)1'ennnvhas,previously been in default under Atis Lease more <br />than two times, Landlord may cancel Tenant's exercise of ilia Extension Option` -or the RightofFirst Offer with respect to the applicable Offered First <br />Right Space, as applicable, by delivery of written notice to Tenant. <br />� <br />u <br />8#1 O'Ch it C'earer Dr-C'In, njSnorn Ana Leaw -I- Exhibit 1 <br />
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