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<br />calculation based upon ,the square footage of the Premises as compared to the total square <br />footage occupancy of the Building and the square footage of all common areas using such <br />services. The payment of the Additional Rent shall be made one month in arrears, due <br />and payable within five (5) days of receipt of notification of such charge by Subtenant. <br />Subtenant acknowledges that this amount will vary from time to time. Sublessor shall <br />provide Subtenant a copy of the calculations used by Sublessor to determine Subtenant's <br />pro-rata share of such expenses. <br /> <br />11. Sublease and Assignment. Subtenant shall not, without prior written consent of <br />Sublessor, assign or otherwise transfer this Sublease or any interest hereunder or sublet <br />the Premises or any part thereof. All provisions contained in this Sublease shall be <br />binding upon and inure to the benefit of any permitted successors and assigns. <br /> <br />12. Authoritv. Sublessor and Subtenant each warrant and represent to the other that they <br />have obtained all requisite authority to enter into this Sublease and the parties executing <br />this Sublease on their behalf have the requisite authority to bind such party. <br /> <br />13. Quiet Eniovment. Sublessor covenants and agrees, provided Subtenant pays all <br />Rent and Additional Rent and any other charges set forth herein and performs the terms <br />and conditions ofthis Sublease as and when required (within any applicable cure period), <br />to take all necessary steps to maintain for the benefit of Subtenant the quiet and peaceful <br />possession and enjoyment of the Premises without disturbance by Sublessor or any other <br />person claiming title or possession to the Premises or the Building or any part thereof <br />through Sublessor. <br /> <br />14. Subtenant's Insurimce. At all times during the Term of this Lease and any renewals <br />thereof Subtenant shaUprovide and thereafter keep in full force and effect: (i) <br />commercial general liability insurance, such insurance to insure against liability for <br />bodily injury and death and for property damage in an amount.as may from time to time <br />be reasonably required by Sublessor, but in any event not less than $1,000,000.00 <br />combined single limit Qn a per occurrence basis. (ii) workmen's compensation as <br />required by law, providing as a minimum amount, the minimum North Carolina statutory <br />benefits for all persons 'employed by Subtenant in connection with the Premises; and (iii) <br />builder's risk insurance during all periods in which Subtenant is constructing alterations <br />or additions to or within the Premises, in such amounts as Sublessor and Subtenant <br />mutually agree is reasonable. <br /> <br />AU insurance provided shall be underwritten by insurance companies that are licensed or <br />authorized to do busin~ss and in good standing in North Carolina and shaU have a rating <br />issued by an organizati9n regularly engaged in rating insurance companies (including <br />specifically A.M. Best lmd Company so long as such company is engaged in rating <br />insurance companies) of not less than a rating of A, VII of A.M. Best and Company (or <br />equivalent rating if another rating service is used.) All insurance contracts shaU be issued <br />for terms of not less than one year and shall contain a provision that they are not subject <br />to canceUation, non-renewal or material reduction in coverage as to the Premises unless <br />Sublessor is served with written notice not later than 30 days prior to cancellation, non- <br />renewal or material reduction in coverage. <br /> <br />F~7 <br />