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6. RENT - EXTENDED TERM


Tenant shall pay to Landlord throughout any Extended Term of this Lease as rental for the Premises:

(i) The Base Rent for the Extended Term is specified in Item 17 of the Term Sheet; and

(ii) In addition to the Extended Term Base Rent Tenant shall pay monthly to Landlord on the same due date as the Extended Term Base Rent commencing the first anniversary of the Extended Term Commencement Date (a) an amount equal to the product obtained by multiplying Tenant's Percentage Share times the remainder obtained by subtracting the Extended Term Base Operating Expenses from the estimated Operating Expenses for the Calendar Year in question and (b) an amount equal to the product obtained by multiplying Tenant's Percentage Share times the remainder obtained by subtracting the Extended Term Base Property Taxes from the estimated Property Taxes for the Calendar Year in question. The Extended Term Base Operating Expenses and Extended Term Base Property Taxes shall be the Operating Expenses and Property Taxes incurred by Landlord in the Calendar Year immediately preceding the Term Expiration Date indicated in Item 13 of the Term Sheet.

Such Extended Term Base Rent and Tenant's Percentage Share of increased Operating Expenses and Property Taxes shall here in collectively be referred to as "Extended Term Rent." Except as otherwise provided above, all other terms, calculations and obligations with respect to Rent included in Section 5(b), (c) and (d) shall likewise be applicable to the payment of Extended Term Rent.

(iii) Tenant will promptly pay all operating and property tax expenses as estimated by Landlord. In the event that tenant shall fail to pay Base Rent or any additional rent within five (5) days after its due date, Tenant shall pay an automatic late charge to Landlord of $.05 for each dollar overdue. Such late charge shall be deemed additional rent for all purposes under this Lease. Tenant will use the procedures outlined in subparagraph (5.xvi.) to resolve any disputed amount.

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