Carbonite 2011 Annual Report Download - page 125

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9.1.2.6 Rent Abatement – Taking . In the event that this Lease is terminated pursuant to Sections 9.1.2.1, 9.1.2.3 or 9.1.2.4, above,
Landlord shall refund to Tenant any prepaid Base Rent and Tenant’s Proportionate Share of Taxes – Property, less any sum then owing to Landlord by
Tenant. If, however, this Lease is not terminated pursuant to any of said Sections, Base Rent shall be reduced proportionately to the extent that the
Premises is reduced as a result of the Taking.
9.1.2.7 Taking Award Rights . Landlord reserves the right to receive the entirety of the condemning authority’s award related to a
Taking of any portion of the Property. The foregoing notwithstanding, in the event that this Lease is terminated in connection with any Taking, Landlord
expressly permits Tenant to make a separate claim against the condemning authority, in any appropriate proceeding, for the value of Tenant’s
unamortized, but taken, leasehold improvements or other improvements to the Tenant Space made by Tenant and for Tenant’s moving expenses related
to such Taking, but only if such claim and/or recovery does not reduce the condemnation/taking award otherwise payable to Landlord in connection with
such Taking. If any such award that is made, or compensation that is paid, to either party specifically includes an award or amount for the other, the
party first receiving the same shall promptly make an accounting of same to the other.
9.1.3 Tenant’s Remedy . Tenant’s termination rights and rights to abatement of Base Rent and Tenant’s Proportionate Share of Taxes –
Property, to the extent provided above in this Article 9, shall be Tenant’s sole and exclusive remedies in the event of a Casualty Event or Taking.
Notwithstanding anything to the contrary contained herein, however, if any Casualty Event is caused by any act of willful misconduct of Tenant or any
Tenant Party, then Tenant shall not be entitled to terminate this Lease under Section 9.1.1.2, and there shall be no abatement of any Base Rent (or any
other Rent or other amounts) due hereunder.
9.2 Tenant’s Insurance . Tenant shall, at Tenant’s expense, procure and maintain throughout the Term of this Lease a policy or policies of
insurance in accordance with the terms and requirements set forth in Exhibit “B-1” to this Lease. All of Tenant’s insurance policies with respect to the
Tenant Space shall be endorsed so as to include a waiver of subrogation in accordance with and to the full extent of Tenant’s waiver of claims with
respect to the Landlord Group set forth in Section 14.1.1 of this Lease.
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