Rosetta Stone 2014 Annual Report Download - page 143

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



 



1
(Anticipated to be
November 1, 2014 -
October 31, 2015) $41.00 $1,282,521.00 $106,876.75
2
(Anticipated to be
November 1, 2015 -
October 31, 2016 $42.64 $1,333,821.80 $111,151.81
3
(Anticipated to be
November 1, 2016 -
October 31, 2017) $44.35 $1,387,312.30 $115,609.35
4
(Anticipated to be
November 1, 2017 -
October 31, 2018 $46.12 $1,442,679.70** $120,223.30
5
(Anticipated to be
November 1, 2018 -
December 31, 2018) $47.96 $1,500,236.70*,** $125,019.72
* annualized
**subject to Sub-Subtenant’s Termination Option
(b)  The Annual Base Sub-Subrent for each Sub-Sublease Year shall be payable by Sub-
Subtenant to Sub-Sublandlord in equal monthly installments in advance; provided, however, in lieu of payment to Sub-Sublandlord,
such payments shall be made directly to Sublandlord by Sub-Subtenant if and to the extent required pursuant to the Consent (defined in
Section 23 hereof). All payments of Annual Base Sub-Subrent shall be due and payable on the first day of each and every calendar
month during the Sub-Sublease Term. Sub-Subtenant’s obligation to pay Annual Base Sub-Subrent hereunder which accrued during
the Sub-Sublease Term shall survive the expiration or earlier termination of this Sub-Sublease. In the event that the Sub-Sublease Term
commences on a date other than the first day of a calendar month or expires on a day other than the last day of a calendar month,
Annual Base Sub-Subrent owed for less than a full month shall be prorated on the basis of a 30-day month.
(c)  For purposes hereof  means all other amounts (other
than Annual Base Sub-Subrent) payable by Sub-Subtenant to Sub-Sublandlord pursuant to this Sub-Sublease, including, without
limitation, costs arising from Sub-Subtenant’s use of the Supplemental HVAC or electrical usage or costs incurred by Sub-Sublandlord
under the Sublease arising or resulting from Sub-Subtenant’s use of the Sub-Subleased Premises, including Sub-Subtenant’s payment
obligations pursuant to Section 10 below. Annual Base Sub-Subrent hereunder shall be gross rent, such that Sub-Subtenant shall not
be responsible to pay any pass-through expense rental in connection with this Sub-Sublease. Sub-Sublandlord shall continue to be
responsible at its sole cost and expense to pay all such Pass-Through Expense Rental required under the Sublease, including Pass-
Through Expense Rental for the Sub-Subleased Premises. “” as used herein shall mean Annual Base Sub-Subrent and Additional
Sub-Subrent.
5. The Sub-Subleased Premises shall be used by Sub-Subtenant only for general office use and
uses ancillary thereto in accordance with all applicable Laws and for no other