SUBLEASE AGREEMENT
(c) Master Lessor agrees that if Sublessee should exercise any option or right of first refusal granted to Sublessee
by Master Lessor in connection with this Sublease, or any option or right substantially similar thereto, either to extend or
renew the Master Lease, to purchase the Premises or any part thereof, or to lease or purchase adjacent property which
Master Lessor may own or in which Master Lessor has an interest, or if Broker is the procuring cause of any other lease
or sale entered into between Sublessee and Master Lessor pertaining to the Premises, any part thereof, or any adjacent
property which Master Lessor owns or in which it has an interest, then as to any of said transactions, Master Lessor
shall pay to Broker a fee, in cash, in accordance with the schedule of Broker in effect at the time of the execution of this
Sublease.
(d) Any fee due from Sublessor or Master Lessor hereunder shall be due and payable upon the exercise of any
option to extend or renew, upon the execution of any new lease, or, in the event of a purchase, at the close of escrow.
(e) Any transferee of Sublessor’s interest in this Sublease, or of Master Lessor’s interest in the Master Lease, by
accepting an assignment thereof, shall be deemed to have assumed the respective obligations of Sublessor or Master
Lessor under this Paragraph 10. Broker shall be deemed to be a third-party beneficiary of this Paragraph.
11.
Attorney’s Fees. If any party or the Broker named herein brings an action to enforce the terms hereof or to
declare rights hereunder, the prevailing party in any such action, on trial and appeal, shall be entitled to his
reasonable attorney’s fees to be paid by the losing party as fixed by the Court.
12. Additional Provisions.
13. Governing Law. This Sublease shall be governed by the laws of the State of California. Any disputes hereunder
will be heard in the appropriate state and federal courts located in the County of
_, CA..
Executed at:
Sublessor:
On:
By:
Address:
Printed Name:
Title:
Executed at:
Sublessee:
On:
By:
Address:
Printed Name:
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