Annual fixed rent of yacht marina: Party C shall pay Party A a fixed rent of ​, which shall be paid before operation may begin. The annual fixed rent shall increase by ​ year by year (every 12 months).

Rent. All Rent and other payments required to be made by Tenant to Landlord hereunder shall be payable to Landlord at Landlord’s Remittance Address set forth in the Basic Lease Information, or at such other address as Landlord may specify from time to time by written notice delivered in accordance herewith. Tenant’s obligation to pay Rent and any other amounts to Landlord under the terms of this Lease shall not be deemed satisfied until such Rent and other amounts have been actually received by Landlord.

RENT. LESSEE shall pay LESSOR base rent of one hundred five thousand nine hundred ninety nine (105,999) U.S. dollars per year, drawn on a U.S. bank, in monthly installments of $8,833.25 on or before the first day of each calendar month, without offset or deduction. One monthly rental payment, plus an appropriate traction of a monthly payment for any portion of a month at the commencement of the lease term, shall be made upon LESSEE’S execution of this lease. All payments shall be made to LESSOR at 200 West Cummings Park, Woburn, Massachusetts 01801, or at such other place designated in writing by LESSOR. If the “Cost of Living” has increased as shown by the Consumer Price Index (Boston, Massachusetts, all items, all urban consumers), U.S. Bureau of Labor Statistics (“Index”), then base rent due during each calendar year of this lease and all extensions thereof shall be adjusted in proportion to any increase in the Index. The base month from which to determine the amount of each increase shall be January 2016, which figure shall be compared with the figure for November 2016, and each November thereafter to determine the increase (if any) in base rent to be paid during the following calendar year commencing each January 1.

If the Extension Term commences prior to a determination of the Annual Fixed Rent for such Extension Term as herein provided, then the amount to be paid by Tenant on account of Annual Fixed Rent until such determination has been made shall be the average of the estimate set forth in Landlord’s Renewal Broker’s Letter and the estimate set forth in Tenant’s Renewal Broker’s Letter. After the Annual Fixed Rent during the Extension Term has been determined as aforesaid, any amounts theretofore paid by Tenant to Landlord on account of Annual Fixed Rent in excess of the amount of Annual Fixed Rent as finally determined shall be credited by Landlord against the next ensuing monthly Annual Fixed Rent payable by Tenant to Landlord or, if applicable, any deficiency in the Annual Fixed Rent due from Tenant to Landlord shall be paid by Tenant to Landlord within thirty (30) days following such final determination.

until the Extension Rent shall be so finally determined, the annual fixed rent payable by Tenant during the Extension Period shall be equal to the annual fixed and additional rent payable hereunder for the immediately preceding year; and

Annual Fixed Rent During the Extension Term. Tenant shall continue to pay annual fixed rent for the Premises in the amounts set forth in the Lease through the expiration of the initial term on May 31, 2006. Effective June 1, 2006, Tenant shall pay annual fixed rent for the Premises pursuant to the terms of the Lease and as follows:

Tenant agrees to pay the annual fixed rent and additional rent in lawful money of the United States of America. The fixed rent shall be paid in equal monthly installments in advance on the first day of each calendar month during the term of this lease commencing on the Rent Commencement Date, at the office of Landlord set forth above, or such other place as Landlord may designate, without any setoff or deduction whatsoever except as otherwise provided in this lease. If the Rent Commencement Date shall be other than the first day of a calendar month, the annual fixed rent shall be prorated for the month in which the Rent Commencement Date occurs and such prorated amount shall be payable on the first day of the first full calendar month thereafter.

As of January 1, 1997, the annual fixed rent of $1,019,450.00 specified in the Lease shall be payable in monthly installments, except that the previous prepayment of fixed rent by your Company shall be taken as a credit of $7,079.51 for each of the 12 months in the period January 1, 1997 through December 31, 1997 (12 x $7,079.51 = $84,954.11). Therefore, it is agreed that subject to the provisions of Paragraph 7 below, the fixed rent shall be $77,874.66 per month during 1997.

Annual Fixed Rent for Third Floor Additional Premises. Commencing on the date ten (10) months following the Third Floor Commencement Date and continuing through the May 31, 2016, expiration date of the current Lease term, Tenant shall pay as Annual Fixed Rent for the Third Floor Additional Premises under Sections 1.04 and 1.05 of the Lease the sum of One Hundred Eight Thousand Five Hundred Dollars ($108,500.00), in monthly installments of Nine Thousand Forty One and 67/100 Dollars (59,041.67) per month.

(a) “annual fixed rent” of $ 1,019,450 for the period commencing on the day that is 16 months after the Commencement Date (the “Rent Commencement Date”) and ending on the last day of the month in which the fifth anniversary of the Rent Commencement Date occurs and $1,101,006 for the balance of the term of this lease; provided, however, that # if Tenant shall have been discharged as managing agent of the Building without cause (as determined pursuant to the management agreement of even date herewith between Landlord and Tenant) or if Landlord shall retain an entity other than Tenant as the exclusive leasing agent for the Building on or prior to the second anniversary of the Rent Commencement Date, the annual fixed rent for the balance of the period ending on the fifth anniversary of the Rent Commencement Date shall be reduced by the sum of $81,556 and the annual fixed rent for the balance of the stated term of the lease shall be $1,019,450; and # if such retention of another entity as exclusive leasing agent for the Building or discharge shall occur # with cause prior to the second anniversary of the Rent Commencement Date and without regard to the entity acting as exclusive leasing agent or # with or without cause thereafter, then the annual fixed rent shall be $1,019,450 during the last five years of the term of this lease or such portion thereof as shall remain after such discharge or retention, as the case may be.