Punchlist Items. Landlord shall use commercially reasonable efforts to complete the punchlist items within sixty (60) days following the inspection or such longer period as Landlord and Tenant shall reasonably agree is appropriate.

#​ examined the equipment that tripped during the March 7, 2012 event and has since upgraded its excitation and voltage regulation system to improve the Facility’s ability to ride-through voltage dips and maintain a constant high side voltage.

Completion of Landlord’s Work. Landlord shall substantially complete or cause to be substantially completed Landlord’s Work in a good and workmanlike manner, in accordance with the Tl Permit subject, in each case, to Minor Variations and normal “punch list” items of a non-material nature that do not interfere with the use of the Premises and with a certificate or temporary certificate of occupancy (or an equivalent approval having been issued) for the Premises permitting lawful occupancy of the Premises (but specifically excluding any permits, licenses or other governmental approvals required to be obtained in connection with Tenant’s operations in the Premises) (“Substantial Completion” or “Substantially Complete”). Notwithstanding the foregoing, Landlord’s Work shall not be considered Substantially Completed until the Walk-Through Inspection (as defined below) has been completed. Upon Substantial Completion of Landlord’s Work, Landlord shall require the Tl Architect and the general contractor to execute and deliver, for the benefit of Tenant and Landlord, a Certificate of Substantial Completion in the form of the American Institute of Architects (“AIA”) document [[Unknown Identifier]]. For purposes of this Work Letter, “Minor Variations” shall mean any modifications reasonably required: # to comply with all applicable Legal Requirements and/or to obtain or to comply with any required permit (including the Tl Permit); # to comply with any request by Tenant for modifications to Landlord’s Work; # to comport with good design, engineering, and construction practices that are not material; or # to make reasonable adjustments for field deviations or conditions encountered during the construction of Landlord’s Work. Landlord shall provide Tenant notice of any such Minor Variations. For purposes of this Work Letter, “Walk-Through Inspection” shall mean that Landlord and Tenant have together, within 1 business day after request from Landlord to do so, conducted a walk-through inspection of the Premises to create a punch list reasonably acceptable to Landlord and Tenant.

Superior Landlord’s Estate means the freehold land at Nile Street Britannia Walk Ebenezer Street and Vestry Street in the London Borough of Hackney shown edged blue on Plan 1 attached to the Superior Lease and registered at the Land Registry under title number EGL249920;

For purposes of this Lease, # “Removable Installations” means any items listed on Exhibit F attached hereto and any items agreed by Landlord in writing to be included on Exhibit F in the future, # “Tenant’s Property” means Removable Installations and, other than Installations, any personal property or equipment of Tenant that may be removed without material damage to the Premises, and # “Installations” means all property of any kind paid for by Landlord, all Alterations, all fixtures, and all partitions, hardware, built-in machinery, built-in casework and cabinets and other similar additions, equipment, property and improvements built into the Premises so as to become an integral part of the Premises, including, without limitation, fume hoods which penetrate the roof or plenum area, built-in cold rooms, built-in warm rooms, walk-in cold rooms, walk-in warm rooms, deionized water systems, glass washing equipment, autoclaves, chillers, built-in plumbing, electrical and mechanical equipment and systems, and any power generator and transfer switch.

Lifetime Required Minimum Distributions Continue Through Year of Participant’s Death. Required minimum distributions will be determined under this [Section 4A.3] beginning with the first Distribution Calendar Year and up to and including the Distribution Calendar Year that includes the Participant’s date of death.

Buyer shall have the right to observe the performance of the borescope inspections of each Engine following the completion of the ferry flight from Ulaanbaatar, Mongolia to the Delivery Location. On or prior to the Closing Date, Buyer shall have the right (at Buyer’s cost and expense) to carry out a final physical inspection, comprised of a walk-around visual inspection of the interior and exterior of the Aircraft, at the Delivery Location (the “Final Inspection”). If the results of the Final Inspection shows damage since the time of Technical Acceptance, then:

During the inspection, Landlord’s Architect shall compile a punchlist of items yet to be completed. If Tenant or Tenant’s Architect shall fail to inspect the Base Building Improvements within ten (10) Business Days after the Substantial Completion Date specified in Landlord’s notice, the Base Building Improvements shall be deemed completed and satisfactory in all respects, and the Substantial Completion Date shall be the date set forth in Landlord’s notice. Landlord shall use commercially reasonable efforts to cause the remaining Base Building Improvements to have been completed on or before the Term Commencement Date in accordance with the Building Plans, the correction or completion of which items, collectively, will not substantially interfere with Tenant’s ability to occupy the Premises to commence the Tenant Improvement Work

The Term of the Lease, as it relates to the 5,003 Expansion Premises only, shall commence on the date on which Landlord notifies ​ that Landlord has achieved Substantial Completion of the 5,003 Expansion Work (as hereinafter defined) (the “5,003 Expansion Premises Commencement Date”). “Substantial Completion” as used herein, means when the only items of the 5,003 Expansion Work needed to be completed are punchlist items, the non-completion of which would not delay occupancy, including, without limitation, such details of construction, decoration, mechanical adjustment or installation which do not hinder or impede the use or occupancy of the 5,003 Expansion Premises for its intended use; but if Landlord shall be delayed in such “Substantial Completion” as a result of # ​'s changes to the plans or specifications attached hereto as [Exhibit A]; # ​'s request for materials, finishes or installations other than Landlord's standard; # the performance or completion of any work, labor or services by a party employed by ​; # ​'s interference or failure to reasonably cooperate with the performance of 5,003 Expansion Work (including without limitation the execution of documents required by the local municipality); # ​'s failure to approve, or approve subject to adjustments required to reflect the Rental Plan annexed hereto as [Exhibit A], final construction documents within five (5) business days after submission thereof to ​ for approval; # ​'s failure to provide Landlord with finish specifications for 5,003 Expansion Work within seven (7) days of Landlord's delivery to ​ of a fully-executed copy of this Agreement; or # ​'s failure to pay the initial installment of Rent (it being understood and agreed that Landlord shall not be required to commence the performance of the 5,003 Expansion Work until all such deliveries and payments have been made) (all such delays being hereinafter referred to as “​ Delay”); then the 5,003 Expansion Premises Commencement Date shall be accelerated by the number of days of such ​ Delay (however, Landlord shall not be obligated to deliver the 5,003 Expansion Premises to ​ and ​ shall not have the right to occupy the 5,003 Expansion Premises until the 5,003 Expansion Work is “Substantially Completed”). ​ waives any right to rescind this Agreement or the Original Lease under Section 223-a of the New York Real Property Law or any successor statute of similar import then in force and further waives the right to recover any damages which may result from Landlord’s failure to deliver possession of the 5,003 Expansion Premises on the scheduled 5,003 Expansion Premises Commencement Date. Notwithstanding anything to the contrary contained herein, Landlord shall use commercially reasonable efforts to complete any punchlist items within thirty (30) days of Substantial Completion, provided same shall be reasonably capable of completion within such timeframe. Landlord shall complete the 5,003 Expansion Work in accordance with applicable law.

“Equity Grant Amount” means for each calendar quarter of service from October 1, 2008 through September 30, 2010, $23,750; for service from October 1, 2010 through December 31, 2011, $27,500; for service from January 1, 2012 through December 31, 2012, $28,750; for service from January 1, 2013 through December 31, 2013, $30,000; for service from January 1, 2014 through September 30, 2015, $31,250; for service from October 1, 2015 through June 30, 2017, $35,000; for service from July 1, 2017 through September 30, 2021, $36,250; for service from October 1, 2021 through March 31, 2023, $40,000; and for service from April 1, 2023 through April 9, 2023, a prorated quarterly grant based on the then-current full quarterly grant of $40,000, with a grant date of April 10, 2023. For service on or after April 10, 2023 (the date of the Annual Meeting in 2023), “Equity Grant Amount” means for each service year, from Annual Meeting until Annual Meeting, a grant for the full year of service of $160,000; with Directors elected other than at an Annual Meeting receiving a prorated annual grant.