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Schedule " d-1" <br />Extension Options <br />I. Grant of Opl on, Subject to all of the terms and conditions of this Schedule "J-I' In connection with Tenant's lease of the Premises, <br />Tenant Shull have two (2) options (each an "Extension Option") to extend the term of this Lease as to the entire Prcmisas then subject to this Lease, <br />each for an additional term (each "Extension Term") of sixty (60) months, subject to and upon the lenns and conditions contained in this Schedule <br />'9m1". The Extension Term shall commence upon the day Immediately following the then scheduled Expirotion Date, and shod be upon the same <br />terms and conditions as are provided fir in this Lease, as then amended, except that: (a) if Tenant falls to timely exercise the Extension Option, the <br />Extension Option (and any other rights to extend or renew the Tenn) shall lapse and Tenant shall have no further right to extend the Term of the <br />Lease, (b) there shall be no further options to extend the Term pursuant to this Schedule "7-I" or otherwise following the second (2"a) Extension <br />Term, (o) Tenant shall not be entitled to any credit against Rent or any other rent concession or rent ollowance or abatement of Rent, except as <br />specifically provided in the de0nillon of the FMRR, (d) the Base Rent for die Extension Term shall be as provided in Section 3 of this Schedule "J- <br />L_', and (e) the Base Year for the Extension Term shall be the calendar year in which the Extension Term commonest. <br />2 Exercise, An Extension Option may be exercised only by Tenant giving written notice of exercise (an "Extension Notice') to Landlord on <br />or bekire the date that is not more than twelve (12) and not less than nine (9) months prior to the then scheduled Expiration Date, If Tenant does not <br />deliver an Extension Notice to Landlord within the time period set forth above (time being of the essence), then Tenant shall be deemed to have <br />forever waived and relinquished the Extension Option, and any other options or rights to renew or extend the Term effective after the then Expiration <br />Date shall terminate. <br />3 Annual Base Rent. The Base Rent payable for the Premises during an Extension Term (the "Extension Term Rase Rene) shall be equal <br />to (a) the Rentable Area of the Premises then subject to this Lease, multiplied by (b) the FMRR of the Premises as of the first day (an "Adjustment <br />Date") of such Extension Tenn, and shall be determined as follows. <br />3.1 If Tenant duly exercises the Extension Option, Landlord shall within thirty (30) days thereafter, deliver to Tenant a written notice <br />(a "Market Rent Notice') of Landlord's determination of what Landlord then believes the FMRR (and Extension Term Rase Rent) would be for the <br />Premises during the Extension Tenn, <br />3.2 Within ten (10) days after Tenant's receipt of a Market Rent Notice, Tenant shall deliver to Landlord written notice (a "Market <br />Rent Response Notice') electing either: (a) to accept the FMRR (and Extension Term Base Rent) set forth in the Market Rent Notice, in which case <br />the FMRR (and Extension Tenn Base Rent) shall be as set forth in the Market Rent Notice, or (b) to reject Landlord's determination of the FMRR <br />(and Extension Term Buse Rent), is which case the FMRR (and Extension Term Base Rent) shall be determined in accordance with Schedule "J-3 <br />3.3 If Tenant fails to deliver Tenant's Market Rent Response Notice within ten (10) days after its receipt of a Market Rent Notice (o, <br />fails In its Maicel Response Notice to expressly reject Landlord's determination of the FMRR (and Extension Term Base Rent) set forth in a Mai teat <br />Rent Notice), Tenant shall conclusively be deemed to have accepted Landlord's determnation of the FMRR (and Extension Term Base Rent) set <br />forth in the Market Bent Notice. <br />Sol &'Chic Center Dr-00- nf.SrrntnAna Lerem -'. Fxlnibil,l <br />