Carbonite 2011 Annual Report Download - page 158

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C. SOC 2 Audit Credits .
Landlord shall cause a SOC 2 Audit of the Datacenter be performed at least once every twelve months by a qualified independent auditor. If such
audit determines that the Datacenter is not in compliance with then current SOC 2 standards (or equivalent successor standards) and either: (i) Tenant is
unable to use the Tenant Space for the purposes permitted under the Lease by reason of such non-compliance for any period of time, then Tenant shall
be entitled a Credit (“ Full SOC 2 Credit ”) equal to 100% of the Rent payable by Tenant for each day that Tenant is unable use the Datacenter by
reason of such non-compliance, or (ii) if, despite such non-compliance, Tenant is able to use the Tenant Space for the purposes permitted under the
Lease for a period after the date (“ SOC 2 Cure Date ”) which is (20) days after Landlord receives notice from such auditor of such non-compliance,
then Tenant shall be entitled to a Credit (“ Partial SOC 2 Credit ”)
equal to 10% of the Rent payable by Tenant for each day between SOC 2 Cure Date
and the date that Landlord cures such non-compliance.
D. Procedures .
In the event that Tenant is entitled to an Outage Credit, Security/Access Credit, Full SOC 2 Credit, or Partial SOC 2 Credit, such Credit shall be
applied as a credit towards Tenant’s Base Rent due in the immediately following month of the Term; provided, however, in the event that a Credit
accrues during the final month of the Term, Landlord will pay to Tenant the amount of such Credit within thirty (30) days following the expiration of the
Term.
E. Limits on Credits .
The foregoing notwithstanding, (a) the total aggregate amount of Outage Credits, Security/Access Credits, Full SOC 2 Credits, and Partial SOC 2
Credits to which Tenant may become entitled in any calendar month shall not exceed Tenant’s total monthly Base Rent (at the time of the event); and
(b) Tenant’s entitlement to, and accrual of, Outage Credits related to any Interruption – Electrical shall occur only from and after the point at which the
aggregate duration of all Interruptions – Electrical during any rolling twelve (12) month period exceeds the Interruption –
Electrical Duration Threshold.
F. Cure Notices . Once Landlord has rectified a particular Interruption of Landlord’s Essential Services, Security/Access Incident, or SOC 2 non-
compliance, Landlord shall provide notice of such rectification or cure to Tenant as soon as is reasonably practicable thereafter.
3. Termination Rights .
A. Continuous Outage Termination Right . In the event of a Continuous Outage, Tenant may terminate this Lease by timely delivery of the
Continuous Outage Termination Notice to Landlord. Tenant’s failure to timely deliver Tenant’s Continuous Outage Termination Notice shall
automatically extinguish Tenant’s right to terminate this Lease with respect to that particular Continuous Outage. If Tenant exercises its termination
right under this Paragraph B, then Landlord shall reimburse Tenant for the reasonable costs incurred by Tenant in moving Tenant’s Personal Property
from the Tenant Space to a new location.