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Lease Year 16 $36.22sf ($30�,00o-00 per month) <br /> Lease Year 17 $36.83 sf ($30,500.00 per month) <br /> Lease Year 18 $3 7.43 sf($3 1 000.00 per month) <br /> Lease Year 19 $38.04 sf ($31,500.00 per month) <br /> Lease Year 20 $3 8.64 sf($3 2,000.00,per month) <br /> 10.Extra Charges: Snow plowing and landscaping maintenance $150 per month. <br /> 11. Marketing Fund. Intentionally deleted <br /> 12. Sublease- Tenant can sublease up to,40% of the total square footage under the same rules and <br /> regulations as the tenant. If.Tenant decides to sublease, the Landlord and Town of <br /> Mashpee has to approve the type of business that can operate in the facility. <br /> 13. Security Denosit*. $5,000.00 to be delivered to Landlord on the Execution Date. <br /> 14. Guaranty: Intentionally deleted <br /> 15. Radius Restriction, Intentionally deleted <br /> 16�. Exclusive Right.s: The Landlord shall not allow any other coffee roaster on the premises. <br /> Section 2. Premises. Landlord hereby leases the Premises to Tenant, for the Term, beginning on <br /> the Term Commencement Date. In connection with its use of the Premises,Tenant may use,.on a non-exclusive <br /> basis,, such"common areas" as are,from time to time available for the common use of Tenant and other tenants. <br /> Landlord is delivering the Premises to Tenant as per attached,Landlord work exhibit,without any representation <br /> or warranty from Landlord with regard to the condition of the Premises. There are no known defects. Landlord <br /> shall not be required to perform any work to the Premises to prepare for Tenant's occupancy.Tenant shall perform <br /> all work to prepare the Premises for the operation of Tenant's business, such work to be performed in accordance <br /> with the provisions of Section 6.2 hereof <br /> Section 3. Rent., <br /> Section 3.1 General. Tenant shall pay the Mininum Rent as well as all Extra Charges. The <br /> "M <br /> rents and charges that are in addition to the Minimum Kent are referred to as the"Additional Rent".The Minimum <br /> Rent,together with the Additional Rent,is referred to as the"Rent". Beginning on the Rent Commencement Date, <br /> Tenant shall pay the Rent in monthly instalh-rents, in advance on the first C 1 st) day of each month. <br /> Notwithstanding the foregoing, (a) any items of Additional Rent that are not payable on a regular monthly basis <br /> shall be paid to Landlord within ten (10) days after demand, and (b)Percentage Rent shall be due on the tenth <br /> (I Cl1h)day of every month after the breakpoint for the applicable year has been reached.The Rent shall com m ence <br /> on the Rent Commencement Date. The Rent for any partial calendar month at the beginning or end of the Term <br /> of the Lease shall be prorated on a daily basis. <br /> The Rent shall be payable to Landlord or, if Landlord shall so direct in writing, to Landlord's <br /> agent or nominee, at the office of Landlord or such place as Landlord may deli pate. Rent and any other sums, <br /> due hereunder not paid when due shall bear interest at eight percent C8%)per annum from the due date untli paid. <br /> . 1 *1 # <br /> Tenant shall also pay to Landlord a late fee of$50.00 for any payment not paid within five(5) business days of <br /> the due date. Tenant shall pay the Rent without abatement,deduction, or setoff. <br /> 2 <br />