Procedure for Acceptance. If ​ wishes to exercise ​’s Right of First Offer with respect to the space described in the First Offer Notice, then within ten (10) business days of delivery of the First Offer Notice to ​, ​ shall have the right to deliver notice to ​ (“​’s First Offer Exercise Notice”) of ​’s election to exercise its right of first offer with respect to the entire space described in the First Offer Notice on the terms contained in such notice. If ​ does not deliver ​’s First Offer Exercise Notice within the ten (10) business day period, then ​ shall be free to enter into a lease (“Third Party Lease”) for the space described in the First Offer Notice to anyone to whom ​ desires on any terms ​ desires for a period of six (6) months after the expiration of such ten (10) business day period. If ​ enters into a Third Party Lease during such six (6)-month period, then ​’s right of first offer as set forth in this Section 1.3 shall terminate as to all of the space described in such First Offer Notice provided, however, that if ​ desires to lease the First Offer Space to a third party at less than ninety percent (90%) of the “net effective rent” (i.e., the actual rent taking into account all economic terms) set forth in ​’s First Offer Notice, ​ shall deliver a second notice to ​ with respect to such First Offer Space (and ​’s second notice shall contain the then-current terms). ​ shall have the same rights with respect to the second notice as it had with respect to the initial First Offer Notice, except that ​ shall only have five (5) business days following receipt of the First Offer Notice to deliver ​’s First Offer Exercise Notice. If ​ does not enter into a Third Party Lease during such six (6)-month period, then ​’s rights under this Section 1.3 shall remain in effect and ​ shall follow the procedure herein prior to entering into a Third Party Lease. Notwithstanding anything to the contrary contained herein, ​ must elect to exercise its Right of First Offer, if at all, with respect to all of the space offered by ​ to ​ at any particular time, and ​ may not elect to lease only a portion thereof.

Procedure for Acceptance. If Tenant wishes to exercise Tenant’s right of first offer with respect to the First Offer Space described in the First Offer Notice, then within seven (7) days after delivery of the First Offer Notice to Tenant, Tenant shall deliver notice to Landlord of Tenant’s irrevocable exercise of its right of first offer with respect to all of the First Offer Space described in the First Offer Notice on the Fundamental Terms provided for therein. If Tenant does not so notify Landlord within such seven (7) day period of Tenant’s exercise of its first offer right, then Landlord shall be free to negotiate and enter into a lease for the First Offer Space to anyone whom it desires on any terms that Landlord desires, provided that, if Landlord has not entered into any such lease within one hundred eighty (180) days after the date of delivery of the First Offer Notice, then, prior to entering into any lease of such First Offer Space, Landlord shall first again offer such space to Tenant in accordance with the terms of this [Section 1.3], provided that, prior to the entering into a lease of such space on terms that are more than 10% more favorable to the tenant than those set forth in the First Offer Notice (as determined on a net effective present value basis). Landlord shall first deliver any other First Offer Notice to Tenant offering such space to Tenant on such recued terms. Tenant shall respond to any such “re-offer” within five (5) days after delivery of such “re-offer” notice.