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7. CONCESSIONS:

Lease, Article 3.01(B), p.46 1 st Amendment, Article 4(a), p.3

P28, E31-33 Free Rent: 8 months E35 Free Rent: 5 months - Tenant had the right to amortize up to 3 additional months of free rent. - Each month of amortization equates to $1.35 per RSF over the term of the lease

1 st Amendment, Article 6(a), p.4

E35 Landlord Contribution: $1,684,550.88

8. OPERATING EXPENSES:

Lease, Article 4.03(B)(iv), p.57 Lease, Article 4.03(B)(v), p. 67

P28, E31-33 Base Year: 2007 P28, E31-33 Pro Rata Share: 13.606% based on a RBA of 700,125 SF (P28 is not subject to OpEx) E35 Base Year: 2017 E35 Pro Rata Share: 4.535%

1 st Amendment, Article 5(a), p.4 1 st Amendment, Article 5(c), p.4

9. REAL ESTATE TAXES:

Lease, Article 4.02(A)(vi), p.49 Lease, Article 4.02(A)(ix), p.52 1 st Amendment, Article 5(a), p. 4 1 st Amendment, Article 5(b), p. 4

P28, E31-33 Base Year: 2007 P28, E31-33 Pro Rata Share: 13.732% based on a RBA of 705,717 SF E35 Base Year: 2017/18 E35 Pro Rata Share: 4.508%

Lease, Article 4.02(A)(vii), p. 50

Taxes shall mean the aggregate amount through the Scheduled PILOT Conversion Date, PILOT due and payable (whether by.actual direct payment or by way of credit or offset as ·provided in Section 3. I (b )(ii) of the Unit Ground Lease) by Landlord under the Unit Ground Lease; provided, that (1) there shall be excluded from PILOT any Retail PILOT (as such term is defined in the Unit Ground Lease) and (2) the rate of Office PILOT per Taxable Square Foot (as such term is defined in the Unit Ground Lease) for the Base Tax Year shall be the greater of (A) the rate per Taxable Square Foot payable for such year as set forth on Schedule 1 to the Unit Ground Lease and (B) $9.78 per Taxable Square Foot and (y) from and after the Scheduled PILOT Conversion Date, Full Taxes, (b) any Times Square Theater Surcharge payable by Landlord under the Unit Ground Lease, (c) all assessments (special or otherwise) and all other governmental levies, impositions or charges, whether general, special, ordinary, extraordinary, foreseen or unforeseen which may legally be assessed, levied or imposed upon all or any part of the Unit and/or Landlord's undivided interest in the Common Elements, or any part thereof and which are required to be paid by Landlord, and (d) any expenses (including the reasonable fees and disbursements of attorneys and other experts and witnesses) incurred in contesting in good faith any of the foregoing or the assessed valuation of all or any part of the Unit and/or Landlord's undivided interest in the Common Elements, or any part thereof; Scheduled PILOT Conversion Date is understood to be 12/31/2032, as per C&W obtained building financing prospectus. [Following the conversion date, Real Estate Taxes are projected to virtually double the 2032 PILOT. A lease renewal will have to address protection from onerous escalations after 2032] Landlord shall furnish to the Demised Premises through the transmission facilities to be installed by Landlord in the Unit substantially in accordance with the Base Building Criteria, alternating electric current in an amount equal to (a) six (6) watts actual demand load per gross square foot (based on each floor of the Demised Premises containing 26,000 gross square feet), exclusive of electric required to operate the Base Systems (including, without

10. ELECTRIC:

Lease, Article 7.01, p.88