Extract to table

In the event of any conflict between this summary and the executed transaction documents, the executed documents shall govern

Governing Law and Forum: The Lease is governed by and shall be construed in accordance with the laws of the State of New York, without regard to conflicts-of-law principles

The Landlord retains the right to amend the rules and regulations from time to time in a non-discriminatory manner, provided that no amendment shall materially interfere with the Tenant's permitted use of the Premises

Key provisions include the following: • Tenant Improvement Allowance: The Landlord shall provide a tenant improvement allowance ("TI Allowance") of $85

• Term: The Letter of Credit is required to be maintained for the duration of the Lease Term (subject to the burn-down schedule set forth in Section 7 of this letter) and must be renewed or replaced not less than 30 days prior to its stated expiration date, failing which the Landlord is entitled to draw on the full outstanding amount

• The Tenant must elect to utilize the excess TI option by written notice to the Landlord, and the amortized rent adjustment will be documented by a supplemental rent schedule