8x8 2016 Annual Report Download - page 102

Completed(asreasonablydeterminedbyLandlord)butfortheoccurrenceofanyTenantDelays,or(iii)thedateTenantcommencesoccupancyof
all or any portion of the Premises for the conduct of business. When the actual Commencement Date has occurred, Tenant shall execute a
CommencementDateMemorandumintheformshowninExhibitB(the"CommencementDateMemorandum")asprovidedbyLandlordwithin
five(5)daysafterLandlord'srequesttherefore.Tenant'sfailuretoexecutetheCommencementDateMemorandumwithinsaidfive(5)dayperiod
shall,atLandlord'soption,beanEventofDefaulthereunderandshallconstituteTenant'sacknowledgmentofthetruthofthefactscontainedinthe
Commencement Date Memorandum delivered by Landlord to Tenant. Landlord and Tenant anticipate that the Term will commence on the "
AnticipatedCommencementDate"setforthinItem7oftheBasicLeaseProvisions,buttheAnticipatedCommencementDateshallinnoevent
affecttheactualCommencementDate,whichshallbedeterminedassetforthinthisSection3.2.
3.3 EarlyEntry.Tenantanditsauthorized agents,contractors, subcontractorsandemployeesshallbegrantedalicensebyLandlord toenter
uponthePremises,atTenant'ssoleriskandexpense,atleastten(10)dayspriortotheCommencementDatetoinstallfixturesandequipment,so
longassuchentrydoesnotinterferewithLandlord'sworkinthePremisesorintheProject;provided,however,that(a)theprovisionsofthisLease
(otherthanwithrespecttothepaymentofMonthlyRentorpaymentofOperatingExpensesandAdditionalRentforOperatingExpenses(i.e.both
Project Costs andReal Property Taxes)), shall apply during suchearly entry, including, but not limited to, the provisions of Article XI relatingto
Tenant's indemnification of Landlord, (b) prior to any such entry, Tenant shall pay for and provide evidence of the insurance to be provided by
TenantpursuanttotheprovisionsofArticleXI,(c)Tenantshallpayallseparatelymeteredutility,serviceandmaintenancechargesforthePremises
attributable to Tenant's early entry and use of the Premises as reasonably determined by Landlord, (d) prior to such entry, Tenant shall have
delivered to Landlord an executed original of thisLease and payment in an amount equal to: (i) Monthly Rent and Tenant's Share of estimated
OperatingExpensesforthefirst(1st)month)oftheTerminwhichsuchamountsaredue,plus(ii)theSecurityDepositsetforthinItem10ofthe
BasicLeaseProvisions,and(e)TenantshallnotinterferewiththecompletionoftheTenantImprovementsorLandlord'sotherimprovementsinany
way.UponTenant'sbreachofanyoftheforegoingconditions,Landlordmay,inadditiontoexercisinganyofitsotherrightsandremediessetforth
herein,revokesuchlicenseuponnoticetoTenant.
3.4DelayinPossession.IfLandlordcannotdeliverpossessionofthePremisestoTenantwiththeTenantImprovementsSubstantiallyCompleted
onorbeforetheAnticipatedCommencementDateoranyotherdateforanyreason,Landlordshallnotbesubjecttoanyliabilitytherefor,andsuch
failureshallnotaffectthevalidityofthisLeaseortheobligationsofTenanthereunder,butinsuchcase,TenantshallnotbeobligatedtopayMonthly
RentorAdditionalRentotherthanasprovidedinSection3.5untilpossessionofthePremiseshasbeendeliveredtoTenant(whichdateshallthen
be deemed the Commencement Date for all purposes under this Lease). Tenant understands that, notwithstanding anything to the contrary
containedherein,LandlordshallhavenoobligationtodeliverpossessionofthePremisestoTenantforsolongasTenantfailstodelivertoLandlord
executedcopiesofpoliciesofinsuranceorcertificatesthereofasrequiredunderSection11.8.
3.5TenantDelays.TheCommencementDateshallnotbedelayedorpostponedduetoTenantDelays,andtheTerm,Tenant'sobligationstopay
RentandallofTenant'sotherobligationsunderthisLeaseshallcommenceuponthedatewhichwouldhavebeentheCommencementDatebutfor
TenantDelays.
3.6"AS-IS"ConditionofPremises.ExceptfortheTenantImprovements,removalofallexistingphone,ITanddatacablingandwiringcurrentlyin
thePremises,andasotherwise specificallyprovidedherein,TenantshallacceptthePremisesfromLandlordin its"AS-IS" conditionand Tenant
acknowledges and agrees that Landlord has no obligation to improve, alter or remodel the Premises in any manner whatsoever. The taking of
possessionoruseofthePremisesbyTenantforanypurposeshallconclusivelyestablishthatTenanthasinspectedthePremisesandacceptsthem
asbeingingoodandsanitaryorder,conditionandrepair.LandlordherebyinformsTenantthattheBuildingandtheProjecthavenotundergonean
inspection by a person certified pursuant to Section 4459.2 of the California Government Code (a Certified Access Specialist). Tenant hereby
waivesanyandallrightsitotherwisemightnoworhereafterhaveunderSection1938oftheCaliforniaCivilCode.
3.7NoRepresentations.TenantacknowledgesthatneitherLandlordnoranyofLandlord'sAgentshasmadeanyrepresentationsorwarrantiesas
to the suitability or fitnessof the Premises for the conduct of Tenant's business, including, but not limited to, any representations or warranties
regarding zoning or other land use matters, or for any other purpose, and that neither Landlord nor any of Landlord's Agents has agreed to
undertakeanyalterationsoradditionsorconstructanytenantimprovementstothePremisesexceptasexpresslyprovidedinthisLease.
3.8RelocationofPremises.Landlordshallhavetheright,atanytimebeforeorduringtheTerm,torelocateTenantfromthePremisestoother
spacelocatedwithintheBuildingorthePropertyuponnolessthanninety
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