Generic Tenant Request For Proposal

1. TENANT: 2. 3. BUILDING: 4. 5. TERM: Please propose on a term of ______ years. 6. COMMENCEMENT: 7. PREMISES: Approximately ________ sf subject to adjustment prior to lease execution based on space planning. 8. BASE RENT: Please specify the Base Rent over the Term. 9. OPERATING EXPENSES: Please define the ______actual and ______ estimated Operating Expenses. Please define what is and is not included in Operating Expenses. Tenant shall have the right to audit operating expenses. Increases in controllable expenses shall be capped at _____ per annum non-cumulative and non-compounding. Please provide a breakdown of all expenses, including property tax, insurance and Common Area Maintenance (CAM). 10. LEASEHOLD IMPROVEMENTS: Please propose a Tenant Improvement Allowance associated with the proposed rental rate, based on the attached floor plan. Tenant may use such allowance for any purpose related to making the Initial Premises ready for its occupancy. Tenant shall hire its own construction manager and Landlord shall not charge a construction management fee or other administrative fee. 11. PARKING: Please define how many parking spaces will be made available to Tenant and in what location. 12. 13. TEST FIT: Landlord shall provide an initial space and pricing plan and up to one revision regardless of whether Tenant ultimately leases space in the building. 14. 15. BUILDING SYSTEMS: In addition to the roof, building structure and foundation, Landlord shall be responsible at its sole cost and expense for maintaining, repairing and replacing all building systems including plumbing, mechanical, electrical and the HVAC system. 16. SPECIAL PROVISIONS: Tenant requires ______ 17. OPTION TO RENEW: ______ options to renew for _____ years with not less than six (6) months written notice and with the base rental at ninety-five percent (95%) of market. Market shall be defined as the rental then being paid by tenants in buildings of comparable quality, condition, and age for space of approximately the same size and location within comparable Class buildings in the __________ marketplace, taking into consideration all concessions. 18. PURCHASE OPTION: lease. Please propose a purchase option during the initial term of the

19. TERMINATION OPTION: Provided Tenant is not in default hereunder, Tenant shall have the one-time option to terminate this Lease effective at the end of the________ month of the lease term with ____________ days advance written notice to Landlord and accompanied

by payment to Landlord of the unamortized portion of the Tenant Finish Allowance as well as the unamortized portion of brokerage commissions. 20. ASSIGNMENT AND SUBLETTING: Tenant will require the continuing right to assign the lease or sublet all or any portion of the premises at any time during the primary term and all extensions thereof with Landlords consent which shall not be unreasonably withheld, delayed or conditioned. 21. RIGHT TO AUDIT: At any time during the Term and within ________ years after the expiration of the Term, Tenant requests the right to inspect and examine the books and records of Landlord relating to the determination of any item of Operating Expenses paid in any calendar year of the Term. 22. SIGNAGE: Please indicate signage opportunities (including building and monument signage) available to Tenant. 23. BROKERAGE FEES: Tenant requests that Landlord pay its Broker, ____________a commission in the amount of _________% of the Gross Rent due during the initial Term of the Lease as per a separate agreement.
LESSOR AND LESSEE ACKNOWLEDGE THAT THIS PROPOSAL IS NOT A LEASE AND THAT IT IS INTENDED AS THE BASIS FOR PREPARATION OF A LEASE BY LESSOR. THE LEASE SHALL BE SUBJECT TO LESSORS AND LESSEES APPROVAL, AND ONLY A FULLY EXECUTED LEASE SHALL CONSTITUTE A LEASE FOR THE PREMISES. THE FINAL LEASE DOCUMENT SHALL INCORPORATE THE PROVISIONS CONTAINED IN THIS PROPOSAL AND ANY OTHER PROVISIONS UPON WHICH THE LESSOR AND LESSEE MAY MUTUALLY AGREE.