Estimated Budget Prior to the commencement of the construction of any Improvements, Tenant shall prepare a preliminary space plan for the Improvements to be constructed in all Phases of the Premises (other than in the Phases I Premises, which shall be governed by Article 8 of the Lease), provided that Tenant shall be required to obtain Landlord's approval of the Final Space Plan and Final Working Drawings pursuant to [Sections 3.2 and 3.3]3] above regardless of Tenant's preparation of a preliminary space plan for the Improvements. Tenant shall obtain a quote from the Contractor to construct the Improvements based on such preliminary space plan. Tenant shall provide Landlord with a copy of the Contractor's quote. Tenant shall also provide Landlord with a detailed preliminary budget of costs to be incurred or which have been incurred, as set forth more particularly in [Sections 2.2.1.1 through 2.2.1.8] above, in connection with the design and construction of the Improvements to be performed by or at the direction of Tenant or the Contractor (the "Estimated Budget"). The Estimated Budget shall be subject to Landlord's reasonable approval. Prior to the commencement of construction of the Improvements, the parties shall determine the difference between the amount of the Estimated Budget and the amount of the Improvement Allowance. Tenant shall be the party to pay the Contractor and other parties upon the Contractor's or such other parties' submittal of their requests for payment and the other documents described in [Sections 2.2.2.1(i), (ii), (iii) and (iv)])])])] of this Work Letter, and Tenant shall be reimbursed by Landlord from the Improvement Allowance for Landlord's pari passu share of such payments in accordance with this Section 4.2.1 and [Section 2.2.2] above. In the event that the total costs shown on the Estimated Budget are equal to or less than the amount of the Improvement Allowance (taking into account any amounts expended from the Improvement Allowance in connection with the preparation of the Construction Drawings, and the cost of all other Improvement Allowance Items incurred prior to the commencement of construction of the Improvements), then Landlord's pari passu share of each amount requested by the Contractor or otherwise to be disbursed under this Work Letter based on the Estimated Budget shall be 100%, subject to the disbursement process set forth in [Section 2.2.2] above. In the event that the total costs shown on the Estimated Budget are greater than the amount of the Improvement Allowance (taking into account any amounts expended from the Improvement Allowance in connection with the preparation of the Construction Drawings, and the cost of all other Improvement Allowance Items incurred prior to the commencement of construction of the Improvements) (the "Over-Allowance Amount"), then Tenant's pari passu share of each disbursement shall be equal to the ratio of the Over-Allowance Amount to the amount of the Estimated Budget (after deducting from the Estimated Budget any amounts expended in connection with the preparation of the Construction Drawings, and the cost of all other Improvement Allowance Items incurred prior to the commencement of construction of the Improvements), and Landlord's pari passu share shall be equal to the difference between 100% and Tenant's pari passu share. In the event that, after the Estimated Budget has been delivered by Tenant to Landlord, the costs relating to the design and construction of the Improvements shall change, any additional costs necessary to such design and construction in excess of the Estimated Budget shall be paid by Tenant out of its own funds, provided that Tenant shall continue to provide Landlord with the documents described in [Sections 2.2.2.1(i), (ii), (iii) and (iv)])])])] of this Work Letter, above, for Landlord's approval with respect to such additional costs.

Annual Budget. The annual forecasts or projections of the Borrower, to be supplied not later than sixty (60) days after the commencement of the fiscal year to which any of the foregoing may be applicable,

DIP Budget. The Lenders shall have received the DIP Budget, which DIP Budget shall have been approved by the Lenders.

Budget Projections. As soon as available, but no later than thirty (30) days after the last day of each fiscal year of Borrower, and within ten (10) days after any updates or changes thereto, annual Board approved operating budgets and reviewed financial projections in a form of presentation reasonably acceptable to Bank;

The “Development Budget” directly associated with each Project Agreement shall consist of two (2) components: # PDT service fees, and # RRD Consultant and Subcontractor costs and other pass-through costs, in a format and level of detail to be agreed upon by the DAC.

Budget Changes. Any change orders issued in respect of a Project which result in increased costs for such Project will not result in a corresponding increase in the relevant Project Mortgage Commitment unless such changes and an increase in the Project Mortgage Commitment in respect thereof have been approved in writing by the Lender.

MLP shall have the right to deliver to Services Provider a proposed Budget no later than ten (10) Business Days prior to the Effective Date. The Budget shall be subject to Services Provider’s review and comment and, unless otherwise expressly acknowledged by the Parties in writing, shall be non-binding on Services Provider and any of its Affiliates and Subsidiaries; provided, however, that the Services Provider shall deliver written notice to MLP as soon as reasonably practicable upon its determination that the costs of the Services for any period will exceed the Budget by five percent (5%) or more. At any time following the approval of the Budget by the Parties, Services Provider or MLP may propose written amendments to the Budget for approval by MLP (a “Budget Amendment”) if either Party believes in good faith that the Budget no longer reflects the actual costs and expenses that will be incurred by Services Provider or its Affiliates or permitted contractors, as applicable, to provide the Services in any given Month. MLP shall have ten (10) days from receipt of a Budget Amendment to approve or reject such Budget Amendment in whole or in part. Any part of any Budget Amendment which is rejected shall either be deleted or resubmitted at the direction of MLP. Services Provider shall then have ten (10) days to resubmit (if it so elects) any Budget Amendment for approval. MLP shall have five (5) days from the date the Services Provider resubmits any such Budget Amendment for approval to approve or reject such re-submitted Budget Amendment. Failure of MLP to timely respond to any proposed Budget Amendment shall be deemed to be a rejection of such Budget Amendment. For the avoidance of doubt, neither Party is obligated to accept a Budget Amendment such Budget Amendment shall not bind Services Provider unless expressly agreed to in writing.

Annual Budget Plan. As soon as available, but in any event within sixty (60) days of the end of each fiscal year, a copy of the detailed annual operating budget and cash flows or plan of the Company for the then fiscal year on a quarterly basis, in form and detail reasonably acceptable to the Agent and the Required Lenders, together with a summary of the material assumptions made in the preparation of such annual budget or plan;

Projected Operating Budget. Deliver to Agent, no later than then last day of DZSI’s fiscal years commencing with fiscal year 2019, Projections for the coming/following fiscal year, such Projections to be accompanied by a certificate signed by the President or Chief Financial Officer of DZSI to the effect that such Projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such Projections were prepared.

The budget for this project is $19,406,948 which is itemized as follows: