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Schedule "J-2" <br />Right of First Offer <br />I titan . Subject to all of the terms and conditions of this Exhibit " " Tenant shall have the right (the "Right or First War") to elect to <br />lease any portion of the First Right Space (defined below) that becomes Available for Lease (defined below) at any time during the Term, The "First <br />Right Space" means any space on the second (2"a) floor of the Building that is not within the Premises. A portion of the First Right Space shall be <br />"Available For Lease" IF., (a) Landlord receives a Third Party Offer (defined below) with respect to such space, (b) such space is vacant or is <br />scheduled to become vacant within six (6) months, and (0) such space is not subject to any then existing expansion or renewal rights of any type that <br />is or are set forth in any lease affecting space it) the Project, "A Third Party Offir" means any written offer or proposal for the lease of all or any <br />portion of the First Right Space that is delivered by Landlord to a'thied party, or that is. received by Landlord from a third party, in either case, on <br />terns that are acceptable to Landlord (excluding any`sucoffers ,,or proposals that either (I) relate to any expansion or renewal rights that are set <br />h <br />forth in any lease affecting space in the Project trat:exists a$ <br />of the Effective'Oate or 01) are for the renewal or extension of the tern of the lease for <br />any then existing tenant of the applicable portion of the First Right Space). <br />2.1 Pi <br />becomes Available to <br />describe (and state the <br />state the date (the "0. <br />available for delivery <br />Allowance, abated Rei <br />(die "Offered Terms' <br />Premises, provided:tht <br />Date for any Offered F <br />First Right Space is ci <br />have no right under th <br />will occur during the <br />shall, in its Tenant's A <br />oti c, Subject- to the terms and'condifions of this <br />andford shall notify Tenant ' thereof' ii witfng (the' <br />Area of) tire portion of the'First Right Space that is d <br />ice SchCduled Commencement Date") upon which <br />(a) stets Landlord's determination of the econon• <br />er Rent Concessions defined below) on which"Landl <br />Instate dint the expiration of Tenant's lease of the I <br />ere shall be less than five (5) years remaining in the' <br />Space, the First Offer Notice shall state that Tenant's <br />such <br />2.2" Tcnaht's Accentance Natiee. Tenantmay exercir <br />Notice only by delivering to Landlord, not -more than ten (10) businet <br />notice ("Tenant's Acceptance Notice") Stating that Tenant accepts I <br />deliver Tenant's Acceptance Notice to Landlord within Rve (3) husine <br />essence, then subject to Section 2.3 below, Tenant's. Right of First C <br />Landlord shall be free to lease the Offered First Right Space describe( <br />rates and upon such term$ as Landlord in its sole,tllscetion may desire. <br />2.3 Landhir <br />person or entity on economic <br />Terms specified. in the First C <br />Right Space to Tenant on the <br />Section 2.1 of this Schedule <br />Notice in accordance. with Si <br />such First Offer Notice'withi <br />Tenant in accordance with Elul <br />hedu c " -2". if all or any portion of the First Right Space' <br />•st Offer Notice"). The First Offer Notice shall also: (a) <br />Available for Lease (the "Offered First Right Space"), (b) <br />ndlord then believes the Offered First Right Space will be <br />terms (including tile Base Rent, Base Year, Improvement <br />is willing to lease the Offered First Right Space to Tenant <br />t.Right Space shall be coterminous with the lease for the <br />»as or the at the Offered Space Scheduled Commencement <br />.r6se. orits Right of First Offer with respect. to such Offered <br />ion (with it being understood and agreed that Tenant shall <br />which the Offered Space Scheduled Commencement Date <br />mall have an unexereised Extension Option and (B) Tenant <br />right to tease the Offered First Right Spaceidentified In, any First Offer <br />'s-otter Landlord's delivery of the applicable First Offer Notice, written <br />ord's otter to Tense the Offered First Right Space.. If Tenant clots not <br />ys after Landlord's delivery o'any First Offer Notice, timebeing of Elie <br />shall no longer apply to time applicable Offered First Right Space mid, <br />re First Offer Notice to third parties selected by Landlord at such rental <br />Elie foregoing, before lensing oily Offered First Right Space to any other <br />fie favorable (Oil all ptinuadzed net effective rent basis)than the Offered <br />ditions orthis Sclt u ",g J-2'_, Landlord must re -offer such Offered First <br />economic terms by delivering another first Ol`fer Notice with respect to such space in accordance with <br />af'shall again have she right to elect to lease such space by: delivering a Tenant's ROM Acceptance <br />I' this Schedule 1-2" provided that Tenant shut[ have only five (5)'business days after receipt of any <br />•er its Tenants Acceptance Notice with respect to such Offered Pint Right Space that Is re -offered to <br />3.1 if Tenant duly exercises its Right of I iisi Offer ui aocorda ig wrfh this Schedule ".f-2" with respect to tiny Offered first Right <br />Space that is identified in any First Offer Notice (anysuch space "Leased i•irst Rr;bt Sparc") Thum (n) the lerni of the lease of such Leased First <br />Right Space shall commence upon the date (tie •'Firs( Right Cdruneneentenf Date") that Landlord cndcrs to Tenant delivery of possession of such <br />Leased First Right Space, (b) the expiradon orTini ill's lease of the Leased First Right Space shall be coterminous with the termination of the Lease <br />I'or the then existing Premises, (c) except as axpressly'provrdedmo 'J.2" the remaining terms of Tenant's lease of such <br />Leased First Right Space shalt be the menus findcoitdrnmms of till. l.en,d"jpivr�ided ttae'alfprovisions of the Lease which vary based upon the <br />Rentable Area of the Premises shnli be adjusted to iellecl time idldiEidn of the LcatsJ First Right Space to the Premises) kind (b) Landlord and Tenant <br />shall reasonably promp(ly lherealler execute an mimendmcnt to this tease for such Leased First Right Space upon the ternis and conditions as set forth <br />in the First Offer Notice, subject to the provisions of this Schedule") 2" . <br />more than ten <br />3.2 l he monthly base rent payable by Tenant with respect to any Lensed First Right Space (the "ROFO Rent") shall commence on <br />the applicable First Right Commencement Date and shall be equal to the product Of: (a) time mimlaer of Sxluarc ILv1 of Rentable Area contained in <br />such Leased First Right Space and (b) tie FbIRR for such leased First Right Space Irin the applicable Acceptance Notice, Tenant espresaly rejects <br />Landlord's determination of the FbIRR (and ROPE) Rent) for the applicable Leased First Right Space. then the FMRR (and ROFO Rent) for such <br />Leased First Right. Space shall be determined in accordance with Schedule "J-3". provided that if the FMRR (and ROFO Rent) for any Leased First <br />Right Space shall not be determined es of the First Right Commencement Date. the parties shall utilize 1.,andlord's Submitted FMRK (defined below) <br />to determine the R0170 Rent for the applicable Leased First Right Space, and if Tenant's Submitted FMRR shall be uldinatcly 'selected pursuant to <br />801 3. fxhibii.1 <br />ID <br />