Agent Representing Both Lessor and Lessee. A real estate agent, either acting directly or through one or more associate licensees, can legally be the agent of both the Lessor and the Lessee in a transaction, but only with the knowledge and consent of both the Lessor and the Lessee. In a dual agency situation, the agent has the following affirmative obligations to both the Lessor and the Lessee: # A fiduciary duty of utmost care, integrity, honesty and loyalty in the dealings with either Lessor or the Lessee. (b) Other duties to the Lessor and the Lessee as stated above in [subparagraphs (i) or (ii)])]. In representing both Lessor and Lessee, the agent may not, without the express permission of the respective Party, disclose to the other Party confidential information, including, but not limited to, facts relating to either Lessee's or Lessor's financial position, motivations, bargaining position, or other personal information that may impact rent, including Lessor's willingness to accept a rent less than the listing rent or Lessee's willingness to pay rent greater than the rent offered. The above duties of the agent in a real estate transaction do not relieve a Lessor or Lessee from the responsibility to protect their own interests. Lessor and Lessee should carefully read all agreements to assure that they adequately express their understanding of the transaction. A real estate agent is a person qualified to advise about real estate. If legal or tax advice is desired, consult a competent professional. Both Lessor and Lessee should strongly consider obtaining tax advice from a competent professional because the federal and state tax consequences of a transaction can be complex and subject to change.

☒ the Lessee; or ☐ both the Lessee and Lessor (dual agent).

Lessee's Brokerage Firm Voit Real Estate Services License No. 01991785 Is the broker of (check one): ☒ the Lessee; or ☐ both the Lessee and Lessor (dual agent).

☐ ​represents both Lessor and Lessee (“Dual Agency”).

Lessor's Brokerage Firm Colliers International CA, Inc., a Delaware corporation, d/b/a Colliers International License No. 01908588 Is the broker of (check one): ☒ the Lessor; or ☐ both the Lessee and Lessor (dual agent).

Liens representing any interest or title of a licensor, lessor or sub licensor or sub lessor, or a licensee, lessee or sublicense or sub lessee, in the property subject to any lease, license or sublicense or concession agreement and entered into in the ordinary course of business;

Lessee. Landlord hereby acknowledges that, to Landlord’s knowledge, the current holder of the leasehold estate created by the Lease is Tenant.

Insurance certificates. Lessee shall provide Lessor with a certificate of Lessee's insurance or a copy thereof as required above within 7 days after Lessee initially occupies Lessee's office space or any portion thereof. Lessor and Lessor's managing agent (if any) shall be named as additional insureds on Lessee's liability insurance policy. Upon written request by Lessor, changes in the name of Lessor or Lessor's managing agent shall be reflected on such certificate.

When entering into a discussion with a real estate agent regarding a real estate transaction, a Lessor or Lessee should from the outset understand what type of agency relationship or representation it has with the agent or agents in the transaction. Lessor and Lessee acknowledge being advised by the Brokers in this transaction, as follows:

As the same are depicted on Exhibit A attached hereto (collectively “Lessor Work”). Should Lessee request any additions to the Lessor Work (“Additional Lessor Work”) it shall provide written notice thereof to Lessor and Lessor shall promptly provide Lessee with an estimate for completing such Additional Lessor Work (the “Lessor Estimate”). Should the Lessor Estimate indicate that the Additional Lessor Work would cause Lessor to exceed the Lessor Work Budget, any such increase in price over the Lessor Work Budget that is a result of the Additional Lessors Work shall be amortized over the initial Term of this Lease at 6% interest and added to the Base Rent. If applicable, Lessor’s Estimate shall contain a calculation of any such increase in Base Rent. Following reception of the Lessor Estimate, Lessee shall provide Lessor written confirmation of whether it chooses to proceed with the Additional Lessor Work, and if so this Lease shall be amended to set forth the revised Base Rent, if applicable. Any changes to the Lessor Work in excess of Fifty Thousand Dollars and 00/100 ($50,000.00) shall require a written change order approved by both Lessee and Lessor. Notwithstanding the foregoing, any costs in excess of the Lessor Work Budget relating to compliance with applicable laws and base building systems, up to an amount not to exceed Twenty Five Thousand Dollars and 00/100 ($25,000.00), shall be borne solely by Lessor, not be passed on through Operating Expenses.