Carbonite 2011 Annual Report Download - page 110

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1.7.5 Tenant shall have the right to lease a Datacenter Expansion Area only with respect to the entirety of such Datacenter Expansion Area.
If Tenant duly exercises its right to lease a Datacenter Expansion Area, Landlord and Tenant shall execute an amendment reflecting such exercise.
Notwithstanding anything to the contrary herein, any attempted exercise by Tenant of its right to lease a Datacenter Expansion Area shall, at the election
of Landlord, be invalid, ineffective, and of no force or effect if, on the date on which Tenant delivers a Datacenter Expansion Exercise Notice, or on the
Commencement Date with respect to such Datacenter Expansion Area, either: (i) there shall be an uncured Event of Default by Tenant under this Lease,
or (ii) the Lease is no longer in full force or effect.
1.8 Determination of Prevailing Base Rent for Datacenter Expansion Area .
1.8.1 Definition of Prevailing Base Rent . The “ Prevailing Base Rent ” shall be defined as the prevailing base rent then being charged by
Landlord for comparable space in the Building for new leases (or if there are no leases of comparable datacenter space then being entered into in the
Building, then for comparable space in the Market Area, taking into consideration all relevant factors, including the quality, size, utility and location
thereof, the length of the term thereof, the credit standing of Tenant, the amenities provided to Tenant, the Tax Base Year, and any economic
concessions given to tenants such as free rent and allowance.
If Tenant disagrees with Landlord’s designation of the Prevailing Base Rent set forth in Landlord’s Datacenter Offer, then in Tenant’s
Datacenter Expansion Exercise Notice, Tenant shall request that the determination of Prevailing Base Rent for the Datacenter Expansion Area be
submitted to arbitration in accordance with the procedure set forth below in Section 1.8.2, failing which Tenant shall be deemed to have accepted
Landlord’s designation of Prevailing Base Rent.
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