LEASEAGREEMENT

Storage space,

5.2.2 The Base rent for this “storage ” space shall initially be charged at an annual rate of $8.00 per square feet, and shall be subject to annual increase at the same rate as provided for the other space leased hereunder by Tenant.

All payments or installments of any rent hereunder and all sums whatsoever due under this Lease (including but not limited to court costs and reasonable attorney’s fees) shall be deemed rent, shall be paid to Landlord at the address designated by Landlord. If any amount of Annual Base Rent or additional rent shall remain unpaid for ten (10) calendar days after such payment becomes due, Landlord shall be entitled to charge interest at the rate of 12% per annum until paid. Additionally, if any of Tenant's checks for payment of rent or additional rent are returned to Landlord for insufficient funds, Tenant shall pay to Landlord as additional rent $50.00 for each such check returned for insufficient funds. Time is of the essence in this Lease.

Repairs and Maintenance.

Surrender of the Premises. Upon the termination of this Lease, Tenant shall surrender the Premises to Landlord in the same broom clean condition that the Premises were in on the Commencement Date except for:

(i)

 Insurance.

Rules and Regulations. Tenant shall be bound by the rules and regulations set forth and made apart hereof. Landlord shall have the right, from time to time, to issue additional or amended rules and regulations regarding the use of the Building, so long as the rules shall be reasonable and non-discriminatory between tenants. When so issued and after ten (10) business days' notice to Tenant, the same shall be considered a part of this Lease and Tenant covenants that the additional or amended rules and regulations shall likewise be faithfully observed by Tenant, and shall use its reasonable efforts to insure that such rules and regulations shall be observed by the employees, clients and service providers of Tenant, provided, that the additional or amended rules are made applicable to all office tenants similarly situated as Tenant. Landlord shall not be liable to Tenant for the violation of any of the rules and regulations, or the breach of any covenant or condition in any lease, by any other tenant in the Building.

Mechanics' Liens. Tenant shall not do or suffer to be done any act, matter or thing whereby Tenants interest in the Premises, or any part thereof, may be encumbered by any mechanics' lien. Tenant shall discharge, or bond within sixty (60) days after the date of filing, any mechanics' liens filed against Tenant's interest in the Premises, or any part thereof, purporting to be for labor or material furnished or to be furnished to Tenant. Landlord shall not be liable for any labor or materials furnished or to be furnished to Tenant upon credit, and no mechanics' or other lien for labor or materials shall attach to or affect the reversionary or other estate or interest of Landlord in and to the Premises, or the Property.

Tenants Failure to Repair. In the event that Tenant fails after thirty (30) days' prior written notice from Landlord (or fails to commence to cure within thirty (30) days and diligently prosecute the completion if such repair is not capable of cure within thirty (30) days), to keep the Premises in a good state of condition and repair pursuant to Section 10 above, or to do any act or make any payment required under this Lease or otherwise fails to comply herewith, Landlord may, at its option (but without being obliged to do so) immediately, or at any time thereafter and without notice, perform the same for the account of Tenant, including the right to enter upon the Premises at all reasonable hours to make such repairs, or do any act or make any payment or compliance which Tenant has failed to do, and upon demand, Tenant shall reimburse Landlord for any such expense incurred by Landlord including but not limited to any costs, damages and counsel fees. Any moneys expended by Landlord, as aforesaid, shall be deemed additional rent, collectible as such by Landlord. All rights given to Landlord in this Section shall be in addition to any other right or remedy of Landlord herein contained.

17.

Fire and Other Casualty. In case of partial damage to the Premises by fire or other casualty insured against by Landlord, Tenant shall give immediate notice thereof to Landlord, who shall thereupon cause damage to all property owned by it to be repaired with reasonable speed at expense of Landlord, due allowance being made for reasonable delay which may arise by reason of adjustment of loss underinsurance policies on the part of Landlord and or Tenant, and for reasonable delay on account of "labor troubles" or any other cause beyond Landlord's reasonable control, and to the extent that the Premises are rendered untenantable the rent shall proportionately abate from the date of such casualty, provided the damage above mentioned occurred without the fault or neglect of Tenant, Tenant's servants, employees, agents or visitors. If such partial damage is due to the fault or neglect of Tenant, or Tenant's servants, employees, agents, clients or service providers, the damage shall be repaired by Landlord to the extent of Landlord's insurance coverage, but there shall be no apportionment or abatement of rent. In the event the damage shall be so extensive to the whole Building as to render it uneconomical, in Landlord's reasonable opinion, to restore for its present uses and Landlord shall decide not to repair or rebuild the Building, this Lease, at the option of Landlord, shall be terminated upon written notice to Tenant and the rent shall, in such event, be paid to or adjusted as of the date of such damage, and the terms of this Lease shall expire by lapse of time and conditional limitation upon the third day after such notice is mailed, and Tenant shall thereupon vacate the Premises and surrender the same to Landlord and such termination shall release Tenant.

Property Loss or Damage. Landlord, its agents and employees shall not be liable to Tenant for (i) any damage or loss of property of Tenant placed in the custody of persons employed to provide services for or stored in or about the Premises and/or the Building, unless such damage or loss is the result of the willful misconduct of Landlord, its agents, contractors or employees, (ii) any injury or damage to persons, property or the business of Tenant resulting from a latent defect in the condition of the Building, and (iii) interference with the light, air, or other incorporeal hereditaments of the Premises.

Assignment and sublease. So long as Tenant is not in monetary default of any of the terms and conditions hereof, and further provided that Tenant has fully and faithfully performed all material terms and conditions of this Lease, Landlord shall not unreasonably withhold, condition or delay its consent to an assignment of this Lease or sublease of the Premises for any of the then remaining portion of the unexpired Lease Term provided: (i) the assignee shall assume the obligations of the existing Letter of Credit or provide a substitute letter of credit reasonably acceptable to Landlord and the net assets of the assignee or sublessee shall not be less than the net assets of Tenant at the time of the signing of this Lease; (ii) in the event of an assignment, such assignee shall assume in writing all of Tenant's obligations under this Lease for the remainder of the Lease Term; and (iii) in the event of a sublease, such sublease shall in all respects be subject to and in conformance with the terms of this Lease. If this Lease be assigned, or if the Premises or any part thereof be underlet or occupied by anybody other than Tenant, Landlord may, after default by Tenant, collect rent from the assignee, undertenant or occupant and apply the net amount collected to the rent herein reserved, but no such collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further observance and performance by Tenant of the covenants herein contained. In addition, in the event of a proposed assignment, Landlord shall have the right, but not the obligation, to terminate this Lease by giving Tenant thirty (30) days' advance written notice ("Landlord's Termination Notice"); provided, however, that Tenant shall have the right to abrogate Landlord's Termination Notice by notifying Landlord within ten (10) business days after receipt of Landlord's Termination Notice of the withdrawal of the consent to the assignment. For purposes of the foregoing, a transfer by operation of law or transfer of controlling interest in Tenant as same exists as of the date hereof, shall be deemed to be an assignment of this Lease. Landlord's acceptance of any name submitted by Tenant, an agent of Tenant, or anyone acting by, through or under Tenant for the purpose of being listed on the Building directory will not be deemed, nor will it substitute for, Landlord's consent, as required by this Lease, to any sublease, assignment, or other occupancy of the Premises by anyone other than Tenant or Tenant's employees. Fifty percent (50%) of any net profit or additional consideration or rent (taking into consideration the costs incurred by Tenant to sublease or assign the Premises, including, without limitation, brokerage commissions, reasonable legal fees and remodeling costs) in excess of the Base Rent or Additional Rent payable by Tenant hereunder which is payable to Tenant as a result of any assignment or subletting shall be paid to Landlord as Additional Rent when received by Tenant. All the foregoing notwithstanding, Tenant shall not enter into any lease, sublease, license, concession or other agreement for the use, occupancy or utilization of the Premises or any portion thereof, which provides for a rental or other payment for such use, occupancy or utilization based in whole or in part on the income or profits derived by any person or entity from the property leased, used, occupied or utilized. Any such purported lease, sublease, license, concession or other agreement shall be absolutely void and ineffective as a conveyance of any right or interest in the possession, use or occupancy of any part of the Premises. Any consent by Landlord hereunder shall not constitute a waiver of strict future compliance by Tenant with the provisions of this Section.

Event of Default. Any one or more of the following events shall constitute an "Event of Default" hereunder, at Landlord's election:

the sale of Tenant's interest in the Premises under attachment, execution or similar legal process or, the adjudication of Tenant as a bankrupt or insolvent, unless such adjudication is vacated within ninety (90) days;

the filing of a voluntary petition proposing the adjudication of Tenant (or any guarantor of Tenant's obligations hereunder) as a bankrupt or insolvent, or the reorganization of Tenant (or any such guarantor), or an arrangement by Tenant (or any such guarantor) with its creditors, whether pursuant to the Federal Bankruptcy Code or any similar federal or state proceeding, unless such petition is filed by a party other than Tenant (or any such guarantor) and is withdrawn or dismissed within ninety (90) days after the date of its filing;

the admission, in writing, by Tenant (or any such guarantor) of its inability to pay its debts when due;

the appointment of a receiver or trustee for the business or property of Tenant (or any such guarantor), unless such appointment is vacated within ninety (90) days of its entry;

the making by Tenant (or any such guarantor) of an assignment for the benefit of its creditors, or if, in any other manner, Tenant's interest in this Lease shall pass to another by operation of law;

the failure of Tenant to pay, more than once in any calendar year, any rent, additional rent or other sum of money when due and such failure continues for a period of seven (7) days after receipt of written notice that the same is past due hereunder;

Tenant shall fail to move into or take possession of the Premises within thirty (30) days after the Commencement Date or having taken possession shall thereafter abandon and/or vacate the Premises, unless it continues to pay the then prevailing rent; and

the default by Tenant in the performance or observance of any covenant or agreement of this Lease (other than a default involving the payment of money), which default is not cured within thirty (30) days after the giving of notice thereof by Landlord, unless such default is of such nature that it cannot be cured within such thirty (30) day period, in which case no Event of Default shall occur so long as Tenant shall commence the curing of the default within such thirty (30) day period and shalt thereafter diligently prosecute the curing of same.

Landlord’s Remedies. Upon the occurrence of any Event of Default, Landlord at any time thereafter may, at its option, exercise any one or more of the following remedies:

Services and Utilities. Landlord shall provide the following services and utilities, namely:

Electric Current. Throughout the Term Landlord shall furnish Tenant during Normal Business Hours (as defined in Section 23 herein a reasonable amount of electric current at 110 volts ("Normal Usage Amount") for lighting purposes within the Premises and the powering of a normal amount of office equipment and appliances. "Normal Usage Amount" is defined for purposes of this Lease to mean electric power supplied at the rate of five (5) watts per square foot of Premises, In this regard Tenant agrees as follows:

Landlord will install a sub-meter to measure Tenant’s exact electric usage. Tenant shall pay for the electric it consumes as measured by existing sub meter at the same rate charged to the Landlord with no mark up. The foregoing rates shall increase in the same percentage as any percentage increase in the billing to the Landlord for electricity, by reason of increase in electric rates, charges or service classifications, or by taxes or charges of any kind imposed thereon (in addition to the fuel adjustment hereinabove described). Bills therefore shall be rendered each month as Landlord may elect and the amount as computed, and shall be paid by Tenant each and every month as additional rent.

Telephone and Telecommunications. Landlord has arranged for the Installation of telephone service to the Building. Tenant shall be responsible for contacting its utility company supplying the telephone service and arranging to have such telephone facilities as it may desire to be extended and put into operation in the Premises, including without limitation, obtaining a low voltage permit for phone and data wiring. Tenant acknowledges and agrees that all telephone and telecommunications services desired by Tenant shall be ordered and utilized at the sole expense of Tenant. All costs related to installation and the provision of such service shall be borne and paid for directly by Tenant. Upon request by Landlord, Tenant, at Tenant's expense, shall remove the telephone facilities located within the Demised Premises at the expiration or sooner termination of the Term. Tenant shall obtain the requisite permits and complete the installation of its telephone facilities in cooperation with Landlord in order not to interfere with or delay the completion of the Tenant Improvements by Landlord pursuant to Section 34, including, without limitation, the closing of the ceiling and the carpet installation, if applicable.

Acceptance of Premises. Tenant shall have reasonable opportunity, provided it does not thereby interfere with Landlord's work, to examine the Premises to determine the condition thereof. Upon taking possession of the Premises, Tenant shall be deemed to have accepted same as being satisfactory and in the condition called for hereunder, except for latent defects and punch list items previously noted to Landlord.

Inability to Perform. This Lease and the obligation of both Tenant and Landlord hereunder to be performed by each such party shall in no way be affected, impaired or excused because Landlord is unable to fulfill any of its obligations under this Lease or to supply, or is delayed in supplying, any service to be supplied by it under the terms of this Lease or is unable to make, or is delayed in making any repairs, additions, alterations, or decorations or is unable to supply, or is delayed in supplying, any equipment or fixtures if the Tenant or the Landlord is prevented or delayed from so doing by reason of strikes or labor troubles or any outside cause whatsoever including, but not limited to, governmental preemption in connection with a National Emergency, or by reason of any rule, order or regulation of any department or subdivision of any government agency or by reason of the conditions of supply and demand which have been or are affected by war or other emergency. Similarly, Landlord shall not be liable for any interference with any services supplied to Tenant by others if such interference is caused by any of the reasons contemplated by this Section. Nothing contained in this Section shall be deemed to impose any obligation on either Tenant or Landlord not expressly imposed by other sections of this Lease.

Access to Premises and Change in Services. Landlord shall have the right, without abatement of rent, to enter the Premises upon twenty-four (24) hours advance written notice (except in the event of emergency, in which case no advance notice shall be required) at any hour to examine the same, or to make such repairs and alterations as Landlord shall deem necessary for the safety and preservation of the Building, and also to exhibit the Premises to be let (solely during the last year of the Lease Term); provided, however, that except in the case of emergency such entry shall only be after notice first given to Tenant. Landlord shall also have the right at any time, without the same constituting an actual or constructive eviction and without incurring any liability to Tenant therefor, to change the arrangement and/or location of entrances or passageways, doors and doorways, and corridors, stairs, toilets, elevators, or other public parts of the Building, provided access to the Premises is not impaired, and to change the name by which the Building is commonly known and/or its mailing address.

Modifications Requested By Lender. If, in connection with obtaining financing or refinancing for the Building, a banking, insurance or other institutional lender shall request reasonable modifications to this Lease as a condition to such financing or refinancing, Tenant shall not unreasonably withhold or delay its consent thereto, provided such modifications do not materially adversely affect the leasehold interest hereunder or increase Tenant's obligations hereunder, except to the extent that Tenant may be required to give notices of any defaults by Landlord to such lender or permit the curing of such defaults by such lender together with the granting of such additional time for such curing as may be required for such lender to get possession of the Building. In no event shall a requirement that the consent of any such lender be given for any modification of this Lease or for any assignment or sublease be deemed to materially adversely affect the leasehold interest hereby created.

Subordination. Tenant accepts this Lease, and the tenancy created hereunder, subject and subordinate to any mortgages, overleases, leasehold mortgages or other security interests now or hereafter a lien upon or affecting the Building or the Property or any part thereof. Tenant shall, at any time hereafter, within ten (10) days after request from Landlord, execute a reasonable and customary Subordination, Non-Disturbance Agreement or any instruments or leases or other documents that may be required by any mortgage or mortgagee or overlandlord (herein a "Mortgagee") for the purpose of subjecting or subordinating this Lease and the tenancy created hereunder to the lien of any such mortgage or mortgages or underlying lease, and the failure of Tenant to execute any such instruments, releases or documents shall constitute a default hereunder. Landlord shall obtain a SNDA from the existing Mortgagee and shall use its reasonable efforts to obtain SNDA from all future Mortgagees.

Attornment. Tenant agrees that upon any termination of Landlord's interest in the Premises, Tenant shall, upon request, attorn to the person or organization then holding title to the reversion of the Premises (the "Successor") and to all subsequent Successors, and shall pay to the Successor all of the rents and other monies required to be paid by Tenant hereunder and perform all of the other terms, covenants, conditions and obligations in this Lease contained; provided, however, that if in connection with such attornment Tenant shall so request from such Successor in writing, such Successor shall execute and deliver to Tenant an instrument wherein such Successor agrees that as long as Tenant performs all of the terms, covenants and conditions of this Lease, on Tenants part to be performed, Tenant's possession under the provisions of this Lease shall not be disturbed by such Successor. In the event that the Mortgagee succeeds to the interest of Landlord hereunder and is advised by its counsel that all or any portion of the Base Rent or additional rent payable by Tenant hereunder is or may be deemed to be unrelated business income within the meaning of the United States Internal Revenue Code or regulations issued thereunder, Mortgagee, as Landlord, shall have the right at any time, from time to time, to notify Tenant in writing of the required changes to the Lease. Tenant shall execute all documents necessary to effect any such amendment within ten (10) business days after written request from Mortgagee, as landlord, provided that in no event shall such amendment increase Tenant's payment obligations or other liability under this Lease or reduce Landlord's obligations hereunder.

Notices. All notices and other communications to be made hereunder shall be in writing and shall be delivered to the addresses set forth below by any of the following means: (a) personal service or receipted courier service; (b)  registered or certified first class mail, return receipt requested, or (c) nationally-recognized overnight delivery service. Such addresses may be changed by notice to the other party given in the same manner as provided above. Any notice or other communication sent pursuant to clause (a) hereof shall be deemed received upon such personal service, if sent pursuant to subsection (b) shall be deemed received five (5) days following deposit in the mail and/or if sent pursuant to subsection (c) shall be deemed received the next succeeding business day following deposit with such nationally recognized overnight delivery service.

Beneficial Occupancy Period: Notwithstanding anything herein to the contrary, Tenant shall have the right to enter the Premises, forty-five (45) days prior to the estimated Commencement Date in order to install its cabling and wiring for telephone service and modular furniture, provided that Tenant shall not materially interfere with Landlord's substantial completion of the Premises. Tenant will not be required to pay for rent, utilities or operating expenses until the Commencement Date, but shall not be allowed to conduct business operations in the Premises during the forty five (45) day period contemplated by this section.

Quiet Enjoyment. Tenant, upon the payment of rent and the performance of all the terms of this Lease, shall, at all times during the Lease Term, peaceably and quietly enjoy the Premises without any disturbance from Landlord or any other person claiming through Landlord.

Vacation of Premises. Tenant shall vacate the Premises at the end of the Lease Term. If Tenant fails to vacate at such time there shall be payable to Landlord an amount equal to one hundred twenty five percent (125%) of the monthly Base Rent paid immediately prior to the holding over period for each month or part of a month that Tenant holds over, plus all other payments provided for herein, and the payment and acceptance of such payments shall not constitute an extension or renewal of this Lease. In event of any such holdover, Landlord shall also be entitled to all non-monetary remedies provided by law for the speedy eviction of tenants, and to the payment of all attorneys' fees and expenses incurred in connection therewith. Tenant shall in no event be subject to consequential damages.

Extent of Liability. Tenant shall look solely to the Building and rents derived therefrom for enforcement of any obligation hereunder or by law assumed or enforceable against Landlord, and no other property or other assets of Landlord shall be subjected to levy, execution or other enforcement proceeding for the satisfaction of Tenant's remedies or with respect to this Lease, the relationship of landlord and tenant hereunder or Tenant's use and occupancy of the Premises.

Brokers. Tenant represents that Tenant has dealt only with the Brokers, Colliers International and Avison Young – New York LLC, as brokers in connection with this Lease, and Tenant warrants that no other brokers negotiated this Lease or is entitled to any commissions in connection with this Lease. Landlord shall pay the Brokers pursuant to the terms of a separate written agreement by and between Landlord and Broker.

Recordation. Tenant covenants that it shall not, without Landlord's prior written consent, record this Lease or any memorandum of this Lease or offer this Lease or any memorandum of this Lease for recordation. If at any time Landlord or any Mortgagee shall require the recordation of this Lease or any memorandum of this Lease, such recordation shall be at Landlord's sole cost and expense. If at any time Tenant shall require the recordation of this Lease or any memorandum of this Lease, such recordation shall be at Tenant's sole cost and expense.

Captions. All headings anywhere contained in this Lease are intended for convenience or reference only and are not to be deemed or taken as a summary of the provisions to which they pertain or as a construction thereof.

Successors and Assigns. The covenants, conditions and agreements contained in this Lease shall bind and inure to the benefit of Landlord and Tenant, and their respective heirs, personal representatives, successors and permitted assigns (subject, however, to the terms of Section 20 hereof).

Integration of Agreements. This writing is intended by the Parties as a final expression of their agreement and is a complete and exclusive statement of its terms, and all negotiations, considerations and representations between the parties are incorporated. No course of prior dealings between Landlord and Tenant or their affiliates shall be relevant or admissible to supplement, explain, or vary any of the terms of this Lease. Acceptance of, or acquiescence to, a course of performance rendered under this Lease or any prior agreement between the Landlord and Tenant or their affiliates shall not be relevant or admissible to determine the meaning of any of the terms or covenants of this Lease. Other than as specifically set forth in this Lease, no representations, understandings, or agreements have been made or relied upon in the making of this Lease.

Hazardous Material Indemnity: Tenant further agrees to the following:

Americans With Disabilities Act. Notwithstanding any other provisions contained in this Lease and with the purpose of superseding any such provisions herein that might be construed to the contrary, it is the intent of Landlord and Tenant that at all times while this Lease shall be in effect that the following provisions shall be deemed their specific agreement as to how the responsibility for compliance (and cost) with the Americans With Disabilities Act and amendments to same ("ADA") both as to the Premises and the Property, shall be allocated between them, namely:

Several Liability. If Tenant shall be one or more individuals, corporations or other entities, whether or not operating as a partnership or joint venture, then each such individual, corporation, entity, joint venturer or partner shall be deemed to be both jointly and severally liable for the payment of the entire rent and other payments specified herein.

Financial Statements. Tenant represents and warrants to Landlord that the financial statements heretofore delivered by Tenant to Landlord are true, correct and complete in all respects, have been prepared in accordance with generally accepted accounting principles, and fairly represent the financial condition of Tenant as of the date thereof, and that no material change has thereafter occurred in the financial conditions reflected therein. Within fifteen (15) days after request from Landlord, Tenant agrees to deliver to Landlord such future financial statements and other information as Landlord from time to time may reasonably request, provided that in no event shall Landlord request such statements or information more than once in any twelve (12) month period. Landlord shall maintain the confidentiality of such financial statements and shall only share copies thereof with Landlord's Mortgagees, underwriters and investment advisors to the extent required by such entities/persons and shall require such other entities/persons to maintain the confidentiality of any such information.

Parking. Landlord, at no additional cost to Tenant, shall make available for Tenant's exclusive use, eight (8) reserved parking spaces in the underground parking area to be mutually agreed by Landlord and Tenant. In addition, Tenant shall be entitled to use five (5) parking spots per 1,000 square feet in the outside parking area which shall be available on a first come first serve basis. In addition, Tenant shall have the right to park overnight, up to four (4) company vehicles in the Building parking lot, which location shall be mutually agreed between Landlord and Tenant.

Signage. Landlord shall provide Tenant its prorated share of directory signage, and suite signage. Throughout the Lease Term and any renewal term(s) Tenant shall have the right to change such signage to reflect the name of a subsidiary or affiliate of Tenant with Landlord’s, prior consent, which shall not be unreasonably withheld, conditioned or delayed.

Right to Exhibit. The Tenant agrees to permit the Landlord and the Landlord’s agents, employees or other, within 12 months of the Tenant vacating the Premises on the front of said Premises or any part thereof, offering the Premises for rent or for sale; and the Tenant hereby agrees to permit the same to remain thereon without hindrance or molestation.

[intentionally omitted]

Non-Waiver by Landlord. The various rights, remedies, options and elections of the Landlord, expressed herein, are cumulative. The failure of the Landlord to enforce strict performance by the Tenant of the conditions and covenants of this Lease or to exercise any election or option, or to resort or have recourse to any remedy herein conferred or the acceptance by the Landlord of any installment of rent after any breach by the Tenant, in any one or more instances, shall not be construed or deemed to be a waiver or a relinquishment for the future by the Landlord of any such conditions and covenants, options, elections or remedies, but the same shall continue in full force and effect.

 Validity of Lease. The terms, conditions, covenants and provisions of this Lease shall be deemed to be severable. If any clause or provision herein contained shall be adjudged to be invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity of any other clause or provision herein, but such other clauses or provisions shall remain in full force and effect.

Conformation with Laws and Regulations. The Landlord may pursue the relief or remedy sought in any invalid clause, by conforming the said clause with the provisions of the statutes or the regulations of any governmental agency as if the particular provisions of the applicable statutes or regulations were set forth herein at length.

Number and Gender. In all references herein to any parties, persons, entities or corporations the use of any particular gender or the plural or singular number is intended to include the appropriate gender or number as the text of the within instrument may require. All the terms, covenants and conditions herein contained shall be for and shall inure to the benefit of and shall bind the respective parties hereto, and their heirs, executors, administrators, personal or legal representatives, successors and assigns.

Licenses and Permits. Tenant agrees to secure and maintain, at its own expense, all licenses and permits from Federal, State and local authorities as may be necessary for the conduct of Tenant's business, and shall comply with all applicable laws, rules and regulations. Landlord does not represent that any license or permit which may be required will be granted or, if granted, will continue in effect or be renewed. Tenant's obligations under this Lease shall in no way be affected by Tenant's inability to secure or maintain any license or permit.

Miscellaneous. Tenant shall reimburse Landlord for all reasonable attorneys' fees incurred in connection with actions to compel compliance by Tenant with any provision of this Lease or to recover damages resulting from non-compliance. Such amounts shall be deemed additional rent and shall be paid on demand.

Cost of decorating, redecorating, or special cleaning or other services not provided on a regular basis to tenants of the building;

Wages, salaries, fees, and fringe benefits paid to executive personnel or officers or partners of landlord;

Any charge for depreciation of the building or equipment and any interest or other financing charge;

Any charge for landlord’s income taxes, excess profit taxes, franchise taxes, or similar taxes on landlord’s business;

All costs relating to activities for the solicitation and execution of leases of space in the building;

All costs and expenses of operation the garage space and commercial space in the building;

All costs for which tenant or any other tenant in the building is being charged other than pursuant to the operating expense clauses;

The cost of any electric current furnished to the Premises or any rentable area of the building for purposes other than the operation of building equipment and machinery and the lighting of public toilets, stairways, shaftways, and building machinery or fan rooms;

The cost of correcting defects in the construction of the building or in the building equipment, except that conditions (not occasioned by construction defects) resulting from ordinary wear and tear will not be deemed defects for the purpose of this category;

The cost of any repair made by landlord because of the total or partial destruction of the building or the condemnation of a portion of the building;

Any increase in insurance premium to the extent that such increase is caused or attributable to the use, occupancy or act of another tenant;

The cost of any items for which landlord is reimbursed by insurance or otherwise compensated by parties other than tenants of the building pursuant to clauses similar to this paragraph;

The cost of any additions or capital improvements to the building subsequent to the date of original construction;

The cost of any repairs, alterations, additions, changes, replacements, and other items which under generally accepted accounting principles are properly classified as capital expenditures to the extent they upgrade or improve the building as opposed to replace existing items which have worn out;

Any operating expense representing any amount paid to a related corporation, entity, or person which is in excess of the amount which would be paid in the absence of such relationship;

The cost of tools and equipment used initially in the construction, operation, repair and maintenance of the building;

The cost of any work or service performed for or facilities furnished to any tenant of the building to a greater extent or in a manner more favorable to such tenant than that performed for or furnished to tenant;

The cost alterations of space in the building leased to other tenants;

The cost of overtime or other expense to landlord in curing its defaults or performing work expressly provided in this lease to be borne at landlord’s expenses;

Capital improvements or expenditures incurred to reduce operating expenses except that such improvements or expenditures shall be included in operating expenses to the lesser of the annual amortized amount of said improvements or expenditures (over the useful life of the improvement or item) or the actual savings; and

Ground rent or similar payments to a ground Lessor;

The cost of removal, abatement, or treatment of asbestos or any other hazardous substance or gas.

Inheritance taxes

Gift taxes

Transfer taxes

Franchise taxes

Excise taxes

Net income taxes

Profit taxes

Capital levies

Late payment charges and penalties

Special Assessments levied against property other than real estate. Assessments payable hereunder may be payable by Tenant in installments if the Landlord is permitted to do so.