AG 2007 08 20 - Laserfiche WebLink

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Subtenant agrees to pay Sublessor, as additional rent, a fee each month for the use of electricity, gas (if currently available) and water and sewer at the Premises ("Additional Rent"). This Additional Rent shall be payable based upon Subtenant's pro-rata share of such expenses. Subtenant's pro-rata share shall be determined by Sublessor, using a calculation based upon the square footage of the Premises as compared to the total square footage occupancy of the Building and the square footage of all common areas using such services. The payment of the Additional Rent shall be made one month in arrears, due and payable within five (5) days of receipt of notification of such charge by Subtenant. Subtenant acknowledges that this amount will vary from time to time. Sublessor shall provide Subtenant a copy of the calculations used by Sublessor to determine Subtenant's pro-rata share of such expenses. Additional rent amounts for property taxes will be due on an annual basis due and payable within five (5) days of receipt of notification of such charge by Subtenant. 13. Sublease and Assienment. Subtenant shall not, without prior written consent of Sublessor, assign or otherwise transfer this Sublease or any interest hereunder or sublet the Premises or any part thereof. All provisions contained in this Sublease shall be binding upon and inure to the benefit of any permitted successors and assigns. 14. Authority. Sublessor and Subtenant each warrant and represent to the other that they have obtained all requisite authority to enter into this Sublease and the parties executing this Sublease on their behalf have the requisite authority to bind such party. 15. Quiet Enloyment. Sublessor covenants and agrees, provided Subtenant pays all Rent and Additional Rent and any other charges set forth herein and performs the tenns and conditions of this Sublease as and when required (within any applicable cure period), to take all necessary steps to maintain for the benefit of Subtenant the quiet and peaceful possession and enjoyment of the Premises without disturbance by Sublessor or any other person claiming title or possession to the Premises or the Building or any part thereof through Sublessor. 16. Subtenant's Insurance. At all times during the Term of this Lease and any renewals thereof Subtenant shall provide and thereafter keep in full force and effect: (i) commercial general liability insurance, such insurance to insure against liability for bodily injury and death and for property damage in an amount as may from time to time be reasonably required by Sublessor, but in any event not less than $1,000,000.00 combined single limit on a per occurrence basis. (ii) workmen's compensation as required by law, providing as a minimum amount, the minimum North Carolina statutory benefits for all persons employed by Subtenant in connection with the Premises; and (iii) builder's risk insurance during all periods in which Subtenant is constructing alterations or additions to or within the Premises, in such amounts as Sublessor and Subtenant mutually agree is reasonable. All insurance provided shall be underwritten by insurance companies that are licensed or authorized to do business and in good standing in North Carolina and shall have a rating issued by an organization regularly engaged in rating insurance companies (including ~- ~ ~.