Life Science Playbook | Cushman & Wakefield

B. PROPERTY TRANSITION (CONT.) • Do not prevent other tenants from “quiet enjoyment?” By following the 16-point checklist, any issues impacting tenant “quiet enjoyment” can be taken into consideration and addressed/accounted for (see #4). Below outlines the 16-point checklist:

16 Point Checklist for Tenant Improvements

BUILDING:

IMPROVEMENT REQUESTED:

TENANT:

DATE:

YES

NO

1 Proper submission of documents including design details and specifications for landlord review 2 Proper submission of required permits, certificates and approvals from governmental authorities 3 Compensation insurance (covering all persons to be employed by Tenant, and Tenant’s contractors and subcontractors in connection with such Alteration), comprehensive public liability (including property damage coverage) and builder’s risk insurance coverage (issued on a completed value basis) all in such form, with such companies, for such periods and in such amounts as Landlord may reasonably require, naming Landlord, Landlord’s managing agent, and their respective employees and agents, any mortgagee as additional insureds 4 Have improvements been reviewed by landlord directed building engineer of record to confirm the requested improvement will not adversely affect the building or tenants quiet enjoyment within the building? 5 Copies of paid invoices covering all of the Alterations, and such other documents and information as Landlord may reasonably request. 6 Final waivers of lien from all contractors, subcontractors and material suppliers performing work or providing material in connection with the Alterations 7 Proof of the satisfactory completion of all required inspections and the issuance of any required approvals and sign-offs by Governmental Authorities with respect thereto 8 Additional metering/sub-metering in place to monitor usage for tenant reimbursement/billing? 9 As-built plans and specifications for such alterations provided by tenant 10 Operational and Maintenance Manuals provided by tenant? 11 Written certification in the form of the AIA Document G702 (or, if such document is no longer in use, such other form as Landlord shall reasonably approve) from Tenant’s architect stating that (A) the Alterations have been completed in accordance with the plans and specifications approved by Landlord, (B) such work has been paid in full by Tenant, and (C) all contractors, subcontractors and materialmen have delivered to Tenant waivers of lien with respect to such work (copies of which shall be included with such architect’s certification) 12 Tenant to provide documentation confirming the improvement/ equipment has been correctly placed in to use. Commissioning, Qualification and Validation (CRV) certification? 13 Has improvement, if mechanical, roof or otherwise, been added to building preventative maintenance program to confirm/track required maintenance schedule? 14 Is improvement to be maintained by tenant? If so, has maintenance schedule been provided? 15 Tenant shall pay to Landlord or its designee, as additional rent, within thirty (30) days after request therefor, all out-of-pocket costs actually incurred by Landlord in connection with Tenant’s Alterations including, without limitation, costs incurred in connection with (a) Landlord’s review of the Alterations and plans therefor (including review of requests for approval thereof) and (b) the provision of Building personnel during the performance of any Alteration to operate loading docks or otherwise to facilitate any Alterations. [In addition, in connection with the Initial Installations only, Tenant shall pay to Landlord or its designee, upon demand, an administrative fee in the amount of one percent (1%) of the total costs and expenses of the Initial Installations, in respect of the performance of the Initial Installations and the scheduling of equipment, facilities and personnel in connection therewith.] If allowable in the Lease. 16 In addition, in connection with the Initial Installations only, Tenant may elect to have Landlord serve as the construction manager in connection with the performance of the Initial Installations. In respect of Landlord or its designee serving as the construction manager for the Initial Installations, Tenant shall pay to Landlord or its designee, an administrative fee in the amount of three percent (3%) of the total costs and expenses of the Initial Installations, which amount shall be deducted from Landlord Contribution. If allowable in the Lease. Comments or additional project details:

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CONFIRMATION OF COMPLETION Tenant Representative:

Signature:

Date:

Tenant Project Manager Representative:

Signature:

Date:

Building Representative:

Signature:

Date:

Landlord Representative:

Signature:

Date:

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