3TX1257 RLP Final SAM.pdf

06/2025

Advertisement RLP Procurement Summary GSA Public Buildings Service

U.S. GOVERNMENT

General Services Administration (GSA) seeks to lease the following space:

State: Texas City: Austin

Delineated Area: North: West Palmer lane, between Mopac expressway and North Lamar.

South: West Anderson Lane, between Mopac Expressway and North Lamar.

West: Mopac Expressway East: 275- North Lamar

Minimum Sq. Ft. (ABOA): 7,324 ABOA SF Maximum Sq. Ft. (ABOA): 7,690 ABOA SF

Space Type: Office Parking Spaces (Total): 39

Parking Spaces (Surface): 39 Parking Spaces (Structured): 0 Parking Spaces (Reserved): 0

Full Term: 10 Years Firm Term: 5 Years

Option Term: N/A Additional Requirements: Contiguous, above-ground space is required.

If space is not available on the first floor than the leased space must be located within 200' of the elevators.

For effective space utilization, a minimum of 30' (on-center) between structural elements (columns, core, curtain wall, etc.) is required.

Additionally, for the efficiency of layout, the following cannot be considered:

a. Narrow column spacing;

b. Atriums, light wells, or other areas interrupting contiguous spaces;

c. Extremely long, narrow runs of space;

d. Irregular space configurations; or

e. Other unusual building features.

Any other configuration must be approved by the GSA Lease Contracting Officer and the tenant agency.

Rest rooms shall not be located within tenant space. In addition, the tenant agency cannot/will not pay for construction of restrooms for use by either employees or visitors. See GSA lease for restroom proximity requirements.

39 public parking spaces must be available for visitors within a walkable ¼ mile of the office location.

Tenant Agency�s normal hours of operation are 6:00 AM to 6:00 PM Monday - Friday.

Leased premises must be location within ½ mile of walking distance from public transportation.

Offered space must meet Government requirements for fire safety, accessibility, seismic, and sustainability standards per the terms of the Lease. A fully serviced lease is required. Offered space shall not be in the 1-percent-annual chance floodplain (formerly referred to as �100-year� floodplain).

The space will be occupied by a customer-facing agency.

Example agencies: SSA, FPD, IRS, VA, EOIR, etc. customers that provide a service to the public.

Entities are advised to familiarize themselves with the telecommunications prohibitions outlined under Section 889 of the FY19 National Defense Authorization Act (NDAA), as implemented by the Federal Acquisition Regulation (FAR). For more information, visit: https://acquisition.gov/FAR- Case-2019-009/889_Part_B.

Note: Entities not currently registered in the System for Award Management (SAM.gov) are advised to start the registration process as soon as possible.

Offer Submission:

Offers must be submitted electronically through the Leasing Portal, located at https://leasing.gsa.gov.

Interested parties must go to the Leasing Portal, enter the Offer space section, select the �Register� link and follow the instructions to register. Instructional guides and video tutorials are offered on the Resources link on the Leasing Portal home page.

Solicitation Number:

Solicitation (RLP) Number 3TX1257

Government Contact Information (Not for Offer Submission) Role Email Lease Contracting Officer tyrel.likes@gsa.gov Project Manager dennis.harper@gsa.gov

Note: Entities not currently registered in the System for Award Management (SAM.gov) are advised to start the registration process as soon as possible.

An offeror checklist has been included with the RLP to underscore the documents that may be required by this RLP. Detailed requirements are contained in the RLP. In the event of an inconsistency between this checklist and the RLP, the RLP is the authoritative source.

The information collection requirements contained in this Solicitation/Contract, that are not required by regulation, have been approved by the Office of Management and Budget pursuant to the Paperwork Reduction Act and assigned the OMB Control No.

3090-0086.

GSA TEMPLATE R100 (2/26, V2)

TABLE OF CONTENTS

GLOBAL RLP

SECTION 1 STATEMENT OF REQUIREMENTS

GENERAL INFORMATION (FEB 2026)

AMOUNT AND TYPE OF SPACE, LEASE TERM, AND OCCUPANCY DATE (FEB 2026)

UNIQUE REQUIREMENTS (OCT 2021)

NEIGHBORHOOD, PARKING, LOCATION AMENITIES, AND PUBLIC TRANSPORTATION (FEB 2026)

LIST OF RLP DOCUMENTS (FEB 2026)

AMENDMENTS TO THE RLP (JUN 2012)

LEASE DESCRIPTION (FEB 2026)

RELATIONSHIP OF RLP BUILDING MINIMUM REQUIREMENTS AND LEASE OBLIGATIONS (OCT 2016)

PRICING OF SECURITY REQUIREMENTS (FEB 2026)

SECURITY LEVEL DETERMINATION FOR FACILITY HOUSING OTHER FEDERAL TENANTS (APR 2011)

AUTHORIZED REPRESENTATIVES (FEB 2026)

NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM (NAICS) CODE AND SMALL BUSINESS SIZE STANDARD (OCT 2023)

SECTION 2 ELIGIBILITY AND PREFERENCES FOR AWARD

EFFICIENCY OF LAYOUT (AUG 2011)

FLOODPLAINS (FEB 2026)

SEISMIC SAFETY � HIGH SEISMICITY (FEB 2026) INTENTIONALLY DELETED

ASBESTOS (FEB 2026)

ACCESSIBILITY (SEP 2013)

FIRE PROTECTION AND LIFE SAFETY (SEP 2013)

ENERGY INDEPENDENCE AND SECURITY ACT (FEB 2026)

ENVIRONMENTAL CONSIDERATIONS (SEP 2013)

DUE DILIGENCE AND NATIONAL ENVIRONMENTAL POLICY ACT REQUIREMENTS - RLP (OCT 2023)

NATIONAL HISTORIC PRESERVATION ACT REQUIREMENTS - RLP (FEB 2026)

SECTION 3 HOW TO OFFER

INSTRUCTIONS FOR OFFEROR AND SUBMITTALS (FEB 2026)

RECEIPT OF LEASE PROPOSALS (FEB 2026)

PRICING TERMS (FEB 2026)

BUDGET SCOREKEEPING; OPERATING LEASE TREATMENT (APR 2011)

TENANT IMPROVEMENTS INCLUDED IN OFFER (FEB 2026)

TURNKEY PRICING WITH DESIGN INTENT DRAWINGS PRIOR TO AWARD (FEB 2026) INTENTIONALLY DELETED

SECURITY IMPROVEMENTS INCLUDED IN OFFER (FEB 2026)

OPERATING COSTS REQUIREMENTS INCLUDED IN OFFER (FEB 2026)

SECTION 4 METHOD OF AWARD

NEGOTIATIONS (FEB 2026)

HUBZONE SMALL BUSINESS CONCERN PRICE PREFERENCE WAIVER (FEB 2026)

AWARD BASIS (FEB 2026)

PRESENT VALUE PRICE EVALUATION (FEB 2026)

AWARD (FEB 2026)

MODIFIED RLP PARAGRAPHS (OCT 2016) INTENTIONALLY DELETED

RLP NO. 3TX1257, PAGE 1 GSA TEMPLATE R100 (2/26, V2)

REQUEST FOR LEASE

PROPOSALS NO. 3TX1257

February 2026

GLOBAL RLP GSA TEMPLATE R100 (FEB 2026)

SECTION 1 STATEMENT OF REQUIREMENTS

1.01 GENERAL INFORMATION (FEB 2026)

A. This Request for Lease Proposals (RLP) sets forth instructions and requirements for proposals for a Lease described in the RLP documents.

The Government will evaluate proposals conforming to the RLP requirements in accordance with the Method of Award set forth below to select an Offeror for award. The Government will award the Lease to the selected Offeror, subject to the conditions below.

B. Included in the RLP documents is a lease template setting forth the lease term and other terms and conditions of the Lease contemplated by this RLP and a GSA Proposal to Lease Space (GSA Form 1364) on which Offeror must submit its offered rent and other price data, together with required information and submissions. The Lease paragraph titled “Definitions and General Terms” must apply to the terms of this RLP.

C. Do not attempt to complete the lease template. Upon selection for award, GSA will transcribe the successful Offeror’s final offered rent and other price data included on the GSA Form 1364 into the lease and transmit the completed Lease, including any appropriate attachments, to the successful Offeror for execution. Neither the RLP nor any other part of an Offeror’s proposal must be part of the Lease except to the extent expressly incorporated therein. The Offeror should review the completed Lease for accuracy and consistency with his or her proposal, sign and date the first page, initial each subsequent page of the Lease, and return it to the Lease Contracting Officer (LCO).

D. The Offeror's executed Lease must constitute a firm offer. No Lease must be formed until the LCO executes the Lease and delivers a signed copy to the Offeror.

E. Offeror may not use Federal agency name(s) and/or acronym(s), e.g., General Services Administration, GSA, in the entity name that owns and/or leases the Space to GSA.

1.02 AMOUNT AND TYPE OF SPACE, LEASE TERM, AND OCCUPANCY DATE (FEB 2026)

A. The Government is seeking a minimum of 7,324 to a maximum of 7,690 of American National Standards Institute/Building Owners and Managers Association (ANSI/BOMA) Occupant Area (ABOA) square feet (SF) of contiguous space within the Area of Consideration set forth below. See Section 2 of the Lease for applicable ANSI/BOMA standards.

B. The Space shall be located in a modern quality Building of sound and substantial construction with a facade of stone, marble, brick, stainless steel, aluminum or other permanent materials in good condition and acceptable to the LCO. If not a new Building, the Space offered shall be in a Building that has undergone, or will complete by occupancy, modernization or adaptive reuse for the Space with modern conveniences.

C. The Government requires 00 structured/inside parking spaces and 00 surface/outside parking spaces, reserved for the exclusive use of the Government. These spaces must be secured and lit in accordance with the Security Requirements set forth in the Lease. Offeror must include the cost of this parking as part of the rental consideration.

D. As part of the rental consideration, the Government may require use of part of the Building roof for the installation of antenna(s). If antenna space is required, specifications regarding the type of antenna(s) and mounting requirements are included in the agency requirements information provided with this RLP.

E. The Government may provide vending machines within the Government's leased area under the provisions of the Randolph-Sheppard Act (20 UC 107 et. seq.). If the Government chooses to provide vending facilities, the Government will control the number, kind, and locations of vending facilities and will control and receive income from all automatic vending machines. Offeror must provide necessary utilities and make related alterations. The cost of the improvements is part of Tenant Improvement (TI) costs. The Government will not compete with other facilities having exclusive rights in the Building. The Offeror must advise the Government if such rights exist.

F. The lease term must be 10 Years, 5 Years Firm, with Government termination rights, in whole or in parts, effective at any time after the Firm Term of the Lease by providing not less than 90 days’ prior written notice.

1.03 AREA OF CONSIDERATION (OCT 2021)

The Government requests Space in an area bounded as follows:

North: 45 to W. Parmer Ln to McNeil Dr to Howard Ln to E. Wells Branch Pkwy.

East: Dessau Rd.

South: Anderson Mill Rd to 183 to Duval Rd to MoPac Expy to W. Parmer Ln to 275 to W Yager to E Parmer Ln Buildings with Property boundary(ies) on the boundary streets are deemed to be within the delineated Area of Consideration.

1.04 UNIQUE REQUIREMENTS (OCT 2021)

i.e.

i.e.

Secretary of the Interior’s Professional Qualifications Standards for Historic Architecture GSA’s Qualification Requirements for Preservation Architects and

Other Specialists

Secretary of the Interior’s Standards for the Treatment of Historic Properties

In Witness Whereof, the parties to this Lease evidence their agreement to all terms and conditions set forth herein by their signatures below, to be effective as of the date of delivery of the fully executed Lease to the Lessor.

FOR THE LESSOR:

Name: ____________________________________________

Title: ____________________________________________

Entity: ____________________________________________

Unique Entity Identifier (UEI): ____________________________ Date: ____________________________________________

FOR THE GOVERNMENT:

Name: ____________________________________________

Title: Lease Contracting Officer

General Services Administration, Public Buildings Service

Date: ____________________________________________

WITNESSED FOR THE LESSOR BY:

Name: ____________________________________________

Title: ____________________________________________

Date: ____________________________________________

The information collection requirements contained in this Solicitation/Contract, that are not required by regulation, have been approved by the Office of Management and Budget pursuant to the Paperwork Reduction Act and assigned the OMB Control No. 3090-0086.

LEASE NO. GS-07P-LTX01733, PAGE 1 GSA TEMPLATE L100

REV (2/26, V2)

LEASE NO. GS-07P-LTX01733

BUILDING NO. TBD

Global Lease

GSA TEMPLATE L100 (2/2026, V2)

INSTRUCTIONS TO OFFEROR: Do not attempt to complete this lease (GSA Lease Template L100, hereinafter Lease Template). Upon selection for award, GSA will transcribe the successful Offeror's final offered rent and other price data included on Offeror�s submitted GSA Lease Proposal Form 1364, (hereinafter Lease Proposal Form) into a Lease Template, and transmit the completed Lease Template, together with appropriate attachments, to the successful Offeror for execution.

A. This Lease is made and entered into between

Lessor�s Name

(Lessor), whose principal place of business is [ADDRESS], and whose interest in the Property described herein is that of Fee Owner, and

The United States of America

(Government), acting by and through the designated representative of the General Services Administration (GSA), upon the terms and conditions set forth herein.

B. Witnesseth: The parties hereto, for the consideration hereinafter mentioned, covenant and agree as follows:

Lessor hereby leases to the Government the Premises described herein, being all or a portion of the Property located at

[Address] and more fully described in Section 1 and Exhibit XX, together with rights to the use of parking and other areas as set forth herein, to be used for such purposes as determined by GSA.

C. LEASE TERM

To Have and To Hold the said Premises with its appurtenances for the term beginning upon acceptance of the Premises as required by this Lease and continuing for a period of 10 Years, 5 Years Firm, subject to termination and renewal rights as may be hereinafter set forth. The commencement date of this Lease, along with any applicable termination and renewal rights, must be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government.

LEASE NO. GS-07P-LTX01733, PAGE 2 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

REV (2/26, V2)

SECTION 1 THE PREMISES, RENT, AND OTHER TERMS 4

1.01 THE PREMISES AND BUILDING (FEB 2026)

1.02 EXPRESS APPURTENANT RIGHTS (FEB 2026)

1.03 RENT AND OTHER CONSIDERATION (FEB 2026)

1.04 TERMINATION RIGHTS (FEB 2026)

1.05 RENEWAL RIGHTS (FEB 2026)

1.06 DOCUMENTS INCORPORATED IN THE LEASE (FEB 2026)

1.07 RENTAL ADJUSTMENT: TENANT IMPROVEMENT, BUILDING SPECIFIC AMORTIZED CAPITAL (FEB 2026)

1.08 PERCENTAGE OF OCCUPANCY FOR TAX ADJUSTMENT (OCT 2024)

1.09 REAL ESTATE TAX BASE (FEB 2026)

1.10 RATE FOR ADJUSTMENT FOR VACANT LEASED PREMISES (FEB 2026)

1.11 HOURLY OVERTIME HVAC RATES (FEB 2026)

1.12 PERIODIC LEASE ABOVE-STANDARD SERVICES (LASS) RATES � OTHER THAN HVAC (OCT 2024) INTENTIONALLY DELETED

1.13 BUILDING IMPROVEMENTS (FEB 2026)

SECTION 2 GENERAL TERMS, CONDITIONS, AND STANDARDS

2.01 DEFINITIONS AND GENERAL TERMS (FEB 2026)

2.02 AUTHORIZED REPRESENTATIVES (FEB 2026)

2.03 WAIVER OF RESTORATION (FEB 2026)

2.04 CHANGE OF OWNERSHIP/NOVATION (FEB 2026)

2.05 OPERATING COSTS ADJUSTMENT (FEB 2026)

2.06 REAL ESTATE TAX ADJUSTMENT (FEB 2026)

2.07 ADDITIONAL POST-AWARD FINANCIAL AND TECHNICAL DELIVERABLES (FEB 2026)

2.08 ENTITY NAME (OCT 2023)

SECTION 3 CONSTRUCTION STANDARDS AND SHELL COMPONENTS

3.01 WORK PERFORMANCE (FEB 2026)

3.02 EXISTING FIT-OUT, SALVAGED, OR REUSED BUILDING MATERIAL (FEB 2026)

3.03 CONSTRUCTION WASTE MANAGEMENT (FEB 2026)

3.04 WOOD PRODUCTS (FEB 2026)

3.05 ADHESIVES AND SEALANTS (FEB 2026)

3.06 BUILDING SHELL REQUIREMENTS (FEB 2026)

3.07 RESPONSIBILITY OF THE LESSOR AND LESSOR�S ARCHITECT/ENGINEER (FEB 2026)

3.08 VESTIBULES (FEB 2026)

3.09 MEANS OF EGRESS (FEB 2026)

3.10 AUTOMATIC FIRE SPRINKLER SYSTEM (FEB 2026)

3.11 FIRE ALARM SYSTEM (FEB 2026)

3.12 ENERGY INDEPENDENCE AND SECURITY ACT (FEB 2026)

3.13 ELEVATORS (FEB 2026)

3.14 DEMOLITION (FEB 2026)

3.15 ACCESSIBILITY (FEB 2026)

3.16 CEILINGS (FEB 2026)

3.17 EXTERIOR AND COMMON AREA DOORS AND HARDWARE (FEB 2026)

3.18 WINDOWS (FEB 2026)

3.19 PARTITIONS (FEB 2026)

3.20 INSULATION: THERMAL, ACOUSTIC, AND HVAC (FEB 2026)

3.21 WALL FINISHES � SHELL (FEB 2026)

3.22 PAINTING � SHELL (FEB 2026)

3.23 FLOORS AND FLOOR LOAD (FEB 2026)

3.24 FLOOR COVERING AND PERIMETERS � SHELL (FEB 2026)

3.25 MECHANICAL, ELECTRICAL, PLUMBING: GENERAL (FEB 2026)

3.26 BUILDING SYSTEMS (FEB 2026)

3.27 ELECTRICAL (FEB 2026)

3.28 PLUMBING (FEB 2026)

3.29 DRINKING FOUNTAINS (FEB 2026)

3.30 RESTROOMS (FEB 2026)

3.31 PLUMBING FIXTURES: WATER CONSERVATION (MAY 2025)

3.32 HEATING, VENTILATION, AND AIR CONDITIONING - SHELL (FEB 2026)

3.33 TELECOMMUNICATIONS: DISTRIBUTION AND EQUIPMENT (FEB 2026)

3.34 TELECOMMUNICATIONS: LOCAL EXCHANGE ACCESS (FEB 2026)

3.35 LIGHTING: INTERIOR AND PARKING - SHELL (FEB 2026)

3.36 ACOUSTICAL REQUIREMENTS (FEB 2026)

3.37 INDOOR AIR QUALITY DURING CONSTRUCTION (FEB 2026)

3.38 SYSTEMS COMMISSIONING (FEB 2026)

3.39 DUE DILIGENCE AND NATIONAL ENVIRONMENTAL POLICY ACT REQUIREMENTS � LEASE (OCT 2023)

3.40 NATIONAL HISTORIC PRESERVATION ACT REQUIREMENTS - LEASE (SEP 2014)

LEASE NO. GS-07P-LTX01733, PAGE 3 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

SECTION 4 DESIGN, CONSTRUCTION, AND POST AWARD ACTIVITIES

4.01 SCHEDULE FOR COMPLETION OF SPACE (FEB 2026)

4.02 PRICE PROPOSAL: TENANT IMPROVEMENTS AND BUILDING SPECIFIC AMORTIZED CAPITAL (IF APPLICABLE) (FEB 2026)

4.03 LEASE SUBMITTALS (FEB 2026)

4.04 ACCESS BY THE GOVERNMENT PRIOR TO ACCEPTANCE (FEB 2026)

4.05 ACCEPTANCE OF SPACE AND CERTIFICATE OF OCCUPANCY (FEB 2026)

4.06 LEASE TERM COMMENCEMENT DATE AND RENT RECONCILIATION (FEB 2026)

4.07 GSAR 552.270-15 LIQUIDATED DAMAGES (DEVIATION) (SEP 2022)

4.08 SEISMIC RETROFIT (FEB 2026)

4.09 LESSOR�S PROJECT MANAGEMENT RESPONSIBILITIES (FEB 2026)

4.10 GOVERNMENT PROJECT MANAGEMENT SYSTEM (MAY 2025)

SECTION 5 TENANT IMPROVEMENT COMPONENTS

5.01 TENANT IMPROVEMENT REQUIREMENTS (FEB 2026)

5.02 FINISH SELECTIONS (SEP 2015)

5.03 WINDOW BLINDS (FEB 2026)

5.04 DOORS (FEB 2026)

5.05 PARTITIONS: SUBDIVIDING (FEB 2026)

5.06 WALL FINISHES (FEB 2026)

5.07 PAINTING � TI (FEB 2026)

5.08 FLOOR COVERINGS AND PERIMETERS (FEB 2026)

5.09 HEATING AND AIR CONDITIONING (FEB 2026)

5.10 ELECTRICAL: DISTRIBUTION (FEB 2026)

5.11 TELECOMMUNICATIONS: DISTRIBUTION AND EQUIPMENT (FEB 2026)

5.12 TELECOMMUNICATIONS: LOCAL EXCHANGE ACCESS (AUG 2008)

5.13 DATA DISTRIBUTION (FEB 2026)

5.14 ELECTRICAL, TELEPHONE, DATA FOR SYSTEMS FURNITURE (FEB 2026)

5.15 LIGHTING: INTERIOR AND PARKING � TI (FEB 2026)

5.16 AUTOMATIC FIRE SPRINKLER SYSTEM - TI (FEB 2026)

SECTION 6 UTILITIES, SERVICES, AND OBLIGATIONS DURING THE LEASE TERM

6.01 PROVISION OF SERVICES, ACCESS, AND NORMAL HOURS (FEB 2026)

6.02 UTILITIES (FEB 2026)

6.03 HEATING AND AIR CONDITIONING (FEB 2026)

6.04 OVERTIME HVAC USAGE (FEB 2026)

6.05 PERIODIC LEASE ABOVE-STANDARD SERVICES (LASS) � OTHER THAN HVAC (FEB 2026) INTENTIONALLY DELETED

6.06 JANITORIAL SERVICES (FEB 2026)

6.07 SELECTION OF CLEANING PRODUCTS (FEB 2026)

6.08 SELECTION OF PAPER PRODUCTS (FEB 2026)

6.09 SNOW REMOVAL (FEB 2026)

6.10 MAINTENANCE AND TESTING OF SYSTEMS (FEB 2026)

6.11 MAINTENANCE OF PROVIDED FINISHES (FEB 2026)

6.12 ASBESTOS ABATEMENT (FEB 2026)

6.13 ONSITE LESSOR MANAGEMENT (FEB 2026)

6.14 IDENTITY VERIFICATION OF PERSONNEL (FEB 2026)

6.15 SCHEDULE OF PERIODIC SERVICES (FEB 2026)

6.16 LANDSCAPING (FEB 2026) INENTIONALLY DELETED

6.17 LANDSCAPE MAINTENANCE (FEB 2026)

6.18 RECYCLING (FEB 2026)

6.19 RANDOLPH-SHEPPARD COMPLIANCE (SEP 2013)

6.20 SAFEGUARDING AND DISSEMINATION OF CONTROLLED UNCLASSIFIED INFORMATION (CUI) BUILDING INFORMATION (OCT 2022)

INTENTIONALLY DELETED

6.21 INDOOR AIR QUALITY (FEB 2026)

6.22 RADON IN AIR (FEB 2026)

6.23 RADON IN WATER (FEB 2026)

6.24 HAZARDOUS MATERIALS (FEB 2026)

6.25 MOLD AND WATER INTRUSION (FEB 2026)

6.26 OCCUPANT EMERGENCY PLANS (OCT 2020)

SECTION 7 ADDITIONAL TERMS AND CONDITIONS

7.01 SECURITY REQUIREMENTS (OCT 2021)

7.02 MODIFIED LEASE PARAGRAPHS (OCT 2016)

LEASE NO. GS-07P-LTX01733, PAGE 4 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

SECTION 1 THE PREMISES, RENT, AND OTHER TERMS

1.01 THE PREMISES AND BUILDING (FEB 2026)

Premises.

A. Office and Related Space. XX rentable square feet (RSF), yielding XX ANSI/BOMA Occupant Area (ABOA) square feet (SF) of office and related

Space located on the XX floor(s) and known as Suite(s) XX, of the Building, as depicted on the floor plan(s) attached hereto as Exhibit XX.

B. Common Area Factor. The Common Area Factor (CAF), defined under Section 2 of the Lease, is established as XX percent. This factor, rounded to the nearest whole percentage, must be used for purposes of rental adjustments in accordance with the Payment Clause of the General Clauses.

C. Building. The Building in which the Premises are located must be designed, built and maintained in good condition and in accordance with the lease requirements. If not new or recent construction, the Building must have undergone by occupancy, modernization, or adaptive reuse for office space with modern conveniences. The Building must be compatible with its surroundings. Overall, the Building must project a professional and aesthetically pleasing appearance including an attractive front and entrance way.

1.02 EXPRESS APPURTENANT RIGHTS (FEB 2026)

The Government must have the non-exclusive right to the use of Appurtenant Areas and must have the right to post Rules and Regulations Governing Conduct on Federal Property, Title 41, CFR, Part 102-74, Subpart C within such areas. The Government will coordinate with Lessor to ensure signage is consistent with Lessor�s standards. Appurtenant to the Premises and included in the Lease are rights to use the following:

A. Parking. XX parking spaces as depicted on the plan attached hereto as Exhibit XX, reserved for the exclusive use of the Government, of which

XX must be structured/inside parking spaces, and XX must be surface/outside parking spaces. In addition, the Lessor must provide such additional parking spaces as required by the applicable code of the local government entity having jurisdiction over the Property.

B. Antennas, Satellite Dishes, and Related Transmission Devices. (1) Space located on the roof of the Building sufficient in size for the installation and placement of telecommunications equipment, (2) the right to access the roof of the Building, and (3) use of all Building areas (e.g., chases, plenums, etc.) necessary for the use, operation, and maintenance of such telecommunications equipment at all times during the term of this Lease.

1.03 RENT AND OTHER CONSIDERATION (FEB 2026)

A. The Government must pay the Lessor annual rent, payable in monthly installments in arrears, at the following rates:

FIRM TERM NON FIRM TERM

ANNUAL RENT ANNUAL RENT

SHELL RENT1 $XXX,XXX.XX $XXX,XXX.XX

OPERATING COSTS2 $ XXX,XXX.XX $ XXX,XXX.XX

TENANT IMPROVEMENTS RENT3 $ XXX,XXX.XX $0.00

BUILDING SPECIFIC AMORTIZED CAPITAL (BSAC)4 $ XXX,XXX.XX $0.00

PARKING5 $ XXX,XXX.XX $ XXX,XXX.XX

TOTAL ANNUAL RENT6 $XXX,XXX.XX $XXX,XXX.XX

1Shell rent reflects rental rates as follows:

(Firm Term) $XX per RSF, as rounded to the nearest penny.

(Non Firm Term) $XX per RSF, as rounded to the nearest penny.

2Operating Costs reflects a rate of $XX per RSF, as rounded to the nearest penny.

3Tenant Improvement (TI) Allowance of $XX. XX per ABOA SF is amortized at a rate of X percent per annum over XX years. Subject to adjustment based upon the final TI cost to be amortized in the rental rate. The Government must not be liable for unamortized costs beyond the Firm Term.

4Building Specific Amortized Capital (BSAC) of $XX.XX per ABOA SF is amortized at a rate of X percent per annum over XX years. Subject to adjustment based upon the final BSAC cost to be amortized in the rental rate. The Government must not be liable for unamortized costs beyond the Firm Term.

5Parking must be provided at a rate of $XX per parking space per month (structure/inside), and $XX per parking space per month (surface/outside)..

6Total Annual Rent does not reflect reduction for free rent (if applicable). See subparagraph C below.

Operating Cost Base. The parties agree, for the purpose of applying the paragraph titled "Operating Costs Adjustment," that the Lessor's base rate for operating costs shall be $XX.XX per RSF.

LEASE NO. GS-07P-LTX01733, PAGE 5 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

C. The Lessor has offered free rent for the first XX (X) months of the Lease (free rent includes shell, operating, TI, BSAC and parking rent) and will be provided at no cost to the Government.

D. For pricing TI and BSAC, the following rates must apply for the initial build-out of the Space.

1. Architect/Engineer (A/E) Fees: $XX per ABOA SF, $XX flat fee, or XX%, and

2. Lessor�s Project Management Fee (% of TI and BSAC Construction Costs): XX%.

E. If the Government leases the Premises for less than a full calendar month, then rent must be prorated based on the actual number of days leased for that month.

F. Lessor must provide to the Government, in exchange for the payment of rental and other specified consideration, the following:

1. The leasehold interest in the Property described herein in the paragraph entitled �The Premises and Building.�

2. All costs, expenses and fees to perform the work required for acceptance of the Premises in accordance with this Lease, including all costs for labor, materials, and equipment, professional fees, subcontractor fees, attorney fees, permit fees, inspection fees, and similar such fees, and all related expenses. Performance or satisfaction of all other obligations set forth in this Lease; and all services, utilities, and maintenance required for the proper operation of the Property, the Building, and the Premises in accordance with the terms of the Lease, including, but not limited to, all inspections, modifications, repairs, replacements, and improvements required to be made thereto to meet the requirements of this Lease.

G. For succeeding Leases with an incumbent Lessor where the Government is currently in occupancy and possession of the leased Premises and where the Lease requires the Lessor to perform alterations using either the TIA or BSAC, the amortized tenant improvement rent and/or BSAC rent will not commence until the alterations are complete and accepted by the Government. Upon acceptance of these improvements, the Government will commence payment of the tenant improvement and/or BSAC rent as stipulated under the Lease, in addition to payment of the tenant improvement and/or BSAC rent for the period starting from the Lease Term Commencement Date to the date of tenant improvements/BSAC acceptance by the Government (such rent payment will not include any additional interest). Alternatively, the Government may elect to re-amortize the tenant improvements/BSAC over the remaining Firm Term of the Lease, at the amortization rate stipulated in the Lease. In the event the Government does not use all the TIA or BSAC, then the rental payments will be adjusted in accordance with the provisions of the Lease (e.g., de-amortization).

1.04 TERMINATION RIGHTS (FEB 2026)

The Government may terminate this Lease, in whole or in parts, at any time effective after the Firm Term of this Lease, by providing not less than XX days� prior written notice to the Lessor. The effective date of the termination must be the day following the expiration of the required notice period or the termination date set forth in the notice, whichever is later. No rental must accrue after the effective date of termination.

1.05 RENEWAL RIGHTS (FEB 2026)

A. This Lease may be renewed at the option of the Government for a term of XX YEARS at the following rental rate(s):

OPTION TERM, YEARS XX - XX

ANNUAL RENT ANNUAL RATE / RSF

EVALUATED OR

UNEVALUATED

SHELL RENTAL RATE $XX $XX

OPERATING COSTS

OPERATING COST BASE MUST CONTINUE FROM THE EFFECTIVE YEAR OF

THE LEASE. OPTION TERM IS SUBJECT TO CONTINUING ANNUAL

ADJUSTMENTS.

provided notice is given to the Lessor at least XX days before the end of the original Lease term or any extension thereof; all other terms and conditions of this Lease, as same may have been amended, must remain in full force and effect during any renewal term.

B. Termination rights outlined in the �Termination Rights� paragraph apply to all renewal terms.

1.06 DOCUMENTS INCORPORATED IN THE LEASE (FEB 2026)

The following documents are attached to and made part of the Lease:

LEASE NO. GS-07P-LTX01733, PAGE 6 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

DOCUMENT NAME NO. OF PAGES EXHIBIT

FLOOR PLAN(S)

PARKING PLAN(S)

AGENCY REQUIREMENTS

TENANT IMPROVEMENTS UNIT PRICE LIST

SECURITY REQUIREMENTS

SECURITY UNIT PRICE LIST

GSA 3517B GENERAL CLAUSES

SEISMIC FORM C, BUILDING RETROFIT OR NEW CONSTRUCTION PREAWARD COMMITMENT

APPROVED SMALL BUSINESS SUBCONTRACTING PLAN

DOL WAGE DETERMINATION

REVISION(S) TO LEASE ISSUED UNDER RLP AMENDMENT NUMBER(S) X

GSAR 552.270-33 FOREIGN OWNERSHIP AND FINANCING REPRESENTATION FOR HIGH-SECURITY LEASED

SPACE

BROKER COMMISSION EXHIBIT

NET UTILITIES EXHIBIT

NEW CONSTRUCTION EXHIBIT

PROSPECTUS EXHIBIT

SWING SPACE EXHIBIT

1.07 RENTAL ADJUSTMENT: TENANT IMPROVEMENT, BUILDING SPECIFIC AMORTIZED CAPITAL (FEB 2026)

A. The Government, at its sole discretion, must make all decisions as to the use of the Tenant Improvement Allowance (TIA) and/or Building Specific

Amortized Capital (BSAC). The Government may elect to make lump sum payments for any or all work covered by the TIA and/or BSAC. The Government may use all or part of the TIA and/or BSAC. The Government may return to the Lessor any unused portion of the TIA and/or BSAC in exchange for a decrease in rent according to the agreed-upon amortization rate over the Firm Term.

B. The Government may elect to make lump sum payments for any or all work covered by the TIA. That part of the TIA amortized in the rent must be reduced accordingly. At any time after occupancy and during the Firm Term of the Lease, the Government, at its sole discretion, may elect to pay lump sum for any part or all of the remaining unpaid amortized balance of the TIA. If the Government elects to make a lump sum payment for the TIA after occupancy, the payment of the TIA by the Government will result in a decrease in the rent according to the amortization rate over the Firm Term of the Lease.

C. If it is anticipated that the Government will spend more than the identified TIA and/or BSAC, the Government may elect to:

1. Reduce the build-out requirements;

2. Pay lump sum for the overage upon substantial completion in accordance with the �Acceptance of Space and Certificate of Occupancy� paragraph;

3. Negotiate an increase in the rent.

D. The Lessor has agreed to total TI pricing of $XX,XXX based on the Agency�s Requirements and design schematic included in Exhibit X. This amount is amortized in the rent over the Firm Term of this Lease at an interest rate of X percent per year.

E. The TI Unit Prices listed in Exhibit X will be used to make the adjustment for variances between TI turnkey pricing based on the Agency�s

Requirements and the approved design intent drawings. The prices quoted will also be used to order alterations during the first year of the Lease. The prices quoted must be the cost to furnish, install, and maintain each item, unless otherwise specified. These prices may be indexed or renegotiated to apply to subsequent years of the Lease upon mutual agreement of the Lessor and the Government. Final rent calculations will be reconciled and the Lease will be amended after acceptance of the Space.

F. The Government may elect to make lump sum payments for any or all work covered by the TI scope. That part of the TI amortized in the rent must be reduced accordingly. At any time after occupancy and during the Firm Term of the Lease, the Government, at its sole discretion, may elect to pay lump sum for any part or all of the remaining unpaid amortized balance of the TI. If the Government elects to make a lump sum payment for the TI after occupancy, the payment of the TI by the Government will result in a decrease in the rent according to the amortization rate over the Firm Term of the Lease.

G. The Lessor has agreed to total TI pricing of $XX,XXX based on the approved DIDs included in Exhibit X. This amount is amortized in the rent over the Firm Term of this Lease at an interest rate of X percent per year.

H. The Government must have the right to make lump sum payments for any or all work covered by the TI scope. That part of the TI amortized in the rent must be reduced accordingly. At any time after occupancy and during the Firm Term of the Lease, the Government, at its sole discretion, may elect to pay lump sum for any part or all of the remaining unpaid amortized balance of the TI. If the Government elects to make a lump sum payment for the TI after occupancy, the payment of the TI by the Government will result in a decrease in the rent according to the amortization rate over the Firm Term of the Lease.

LEASE NO. GS-07P-LTX01733, PAGE 7 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

1.08 PERCENTAGE OF OCCUPANCY FOR TAX ADJUSTMENT (OCT 2024)

A. As of the Lease Award Date, the Government�s Percentage of Occupancy, as defined in the �Real Estate Tax Adjustment� paragraph of this

Lease is XX percent. The Percentage of Occupancy is derived by dividing the total Government Space of XX RSF by the total Building space of XX RSF. The tax parcel number is XX.

B. All relevant tax adjustment documentation (e.g., copies of paid tax receipts, invoices) must be submitted online at leasing.gsa.gov or a successor portal.

1.09 REAL ESTATE TAX BASE (FEB 2026)

The Real Estate Tax Base, as defined in the �Real Estate Tax Adjustment� paragraph of the Lease is $XX. Tax adjustments must not occur until the tax year following lease commencement has passed.

1.10 RATE FOR ADJUSTMENT FOR VACANT LEASED PREMISES (FEB 2026)

If the Government fails to occupy or vacates the entire or any portion of the Premises prior to expiration of the term of the Lease, the operating costs paid by the Government as part of the rent must be reduced by $XX.XX per ABOA SF of Space vacated by the Government. This reduction must occur after the Government gives 30 calendar days� prior notice to the Lessor and must continue in effect until the Lease expires or is terminated.

1.11 HOURLY OVERTIME HVAC RATES (FEB 2026)

A. The following rates must apply in the application of the paragraph titled "Overtime HVAC Usage:"

1. $X.XX per hour per zone

2. No. of zones: X

3. $X.XX per hour for the entire Space.

B. There is no overtime charge during the following weekend hours:

1. Saturday: X AM through X PM

2. Sunday: X AM through X PM.

1.12 PERIODIC LEASE ABOVE-STANDARD SERVICES (LASS) RATES � OTHER THAN HVAC (OCT 2024) INTENTIONALLY DELETED

1.13 BUILDING IMPROVEMENTS (FEB 2026)

Before the Government accepts the Space, the Lessor must complete the following additional Building improvements, as part of shell rent:

A. _______________ B. _______________ C. _______________

LEASE NO. GS-07P-LTX01733, PAGE 8 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

SECTION 2 GENERAL TERMS, CONDITIONS, AND STANDARDS

2.01 DEFINITIONS AND GENERAL TERMS (FEB 2026)

Unless otherwise specifically noted, all terms and conditions set forth in this Lease shall be interpreted by reference to the following definitions, standards, and formulas:

A. General Contract Terms.

1. "Contract� means lease.

2. "Contractor� means Lessor.

3. �Days� means calendar days, unless specified otherwise.

4. �Lease Award Date� means the date the LCO executes the lease and furnishes written notification of the executed lease to the successful offeror (usually the date on which the parties� obligations under the lease begin).

5. "Lease Term Commencement Date� means the date on which the lease term commences.

6. �Substantially Complete� or �Substantial Completion� means that the work, the common and other areas of the building, and all other things necessary for the Government�s access to the premises and occupancy, possession, use and enjoyment thereof, as provided in this lease, have been completed or obtained, excepting only such minor matters as do not interfere with or materially diminish such access, occupancy, possession, use or enjoyment. The space shall be considered substantially complete only if the space may be used for its intended purpose.

7. �Work� means all alterations, improvements, modifications, and other things required for the preparation or continued occupancy of the premises by the Government as specified in this lease.

B. Real Property Terms.

1. �ANSI/BOMA� is an acronym for American National Standards Institute/Building Owners and Managers Association.

2. �ANSI/BOMA Occupant Area� or �ABOA� means the measurement standard (Z65.1-2017) provided by ANSI/BOMA for Occupant Area, which is �the total aggregated area used by an Occupant before Load Factors are applied, consisting of Tenant Area and Tenant Ancillary Area.� The Method A � Multiple Load Factor Method shall apply.

3. �Appurtenant Areas� means those areas and facilities on the property that are not located within the premises, or for which rights are expressly granted under this lease, or for which rights to use are reasonably necessary or reasonably anticipated with respect to the Government's enjoyment of the premises and express appurtenant rights (e.g., parking areas).

4. �Building� means building(s) situated on the property in which the premises are located.

5. �Common Area Factor (CAF)� means a conversion factor determined and applied by the building owner to determine the rentable square feet for the leased space. The CAF is expressed as a percentage of the difference between the amount of rentable square feet (SF) and ABOA SF, divided by the ABOA SF. The CAF shall be determined in accordance with the applicable ANSI/BOMA standard for the type of space to which the CAF shall apply.

6. �Firm Term� means the part of the lease term that is not subject to termination rights.

7. �Non-Firm Term� means the part of the lease term following the end of the firm term, which is subject to termination rights.

8. �Premises� means the total occupant area or other type of space, together with all associated common areas described in the lease.

Appurtenant areas (e.g., parking areas) to which the Government has rights under this lease are not included in the premises.

9. �Property� means the land and buildings in which the premises are located, including all appurtenant areas (e.g., parking areas) to which the Government is granted rights.

10. �Rentable Space or Rentable Square Feet (RSF)� means the area for which a tenant is charged rent. It is determined by the building owner and may vary by city or by building within the same city. Rentable space may include a share of common areas such as elevator lobbies, building corridors, and floor service areas. Floor service areas typically include restrooms, janitor rooms, telephone closets, electrical closets, and mechanical rooms. Rentable space does not include vertical building penetrations and their enclosing walls, such as stairs, elevator shafts, and vertical ducts. To determine the RSF, the ABOA SF is multiplied by the sum of one (1) plus the CAF, for each type of space included in the premises.

11. �Space� means that part of the premises to which the Government has exclusive use, such as occupant area, or other types of space.

Appurtenant areas (e.g., parking areas) to which the Government has rights under the lease are not included in the space.

LEASE NO. GS-07P-LTX01733, PAGE 9 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

2.02 AUTHORIZED REPRESENTATIVES (FEB 2026)

Signatories to this Lease must have full authority to bind their respective principals with regard to all matters relating to this Lease. No other persons must be understood to have any authority to bind their respective principals, except to the extent that such authority may be explicitly delegated by notice to the other party, or to the extent that such authority is transferred by succession of interest. The Government must have the right to substitute its Lease Contracting Officer (LCO) by notice, without an express delegation by the prior LCO.

2.03 WAIVER OF RESTORATION (FEB 2026)

Lessor must have no right to require the Government to restore the Premises upon expiration or earlier termination (full or partial) of the Lease, and waives all claims against the Government for:

A. Waste, or, B. Damages, or restoration arising from or related to:

1. The Government's normal and customary use of the Premises during the term of the Lease (including any extensions thereof), as well as

2. Any initial or subsequent alteration to the Premises regardless of whether such alterations are performed by the Lessor or by the

Government.

At its sole option, the Government may abandon property in the Space following expiration or earlier termination (full or partial) of the Lease, in which case the property will become the property of the Lessor and the Government will be relieved of any liability in connection therewith.

2.04 CHANGE OF OWNERSHIP/NOVATION (FEB 2026)

A. Consistent with GSAM 570.115, in the event of a transfer of ownership of the leased premises or a change in the Lessor�s legal name, FAR

42.12 applies.

B. If title is transferred, the Lessor must notify the Government within five days of the transfer of title.

C. The Government, the original Lessor (Transferor), and the new owner or assignee (Transferee) must execute a Novation Agreement providing for the transfer of Transferor's rights and obligations under the Lease to the Transferee. When executed on behalf of the Government, a Novation Agreement will be made part of the Lease via Lease Amendment. The Government's obligation to pay rent to the Transferee must commence on the effective date of the Lease Amendment incorporating the Novation Agreement.

D. If the LCO determines that recognizing the Transferee as the Lessor will not be in the Government's interest, the Transferor must remain fully liable to the Government for the Transferee's performance of obligations under the Lease, notwithstanding the transfer. Under no condition must the Government be obligated to release the Transferor of obligations prior to (a) the rent commencement date; and (b) any amounts due and owing to the Government under the Lease that have been paid in full or completely set off against the rental payments due under the Lease.

E. As a condition for being recognized as the Lessor and entitlement to receiving rent, the Transferee must register in the System for Award

Management (SAM) for purposes of �All Awards� (See FAR 52.232-33), and complete all required representations and certifications within SAM.

In addition, for leases FSL III or above, the Transferee must also complete 552.270-33 Foreign Ownership and Financing Representation for High-Security Leased Space. This representation must be completed annually.

2.05 OPERATING COSTS ADJUSTMENT (FEB 2026)

A. Beginning with the second year of the Lease and each year thereafter, the Government must pay annual incremental adjusted rent for changes in costs for cleaning services, supplies, materials, maintenance, trash removal, landscaping, water, sewer charges, heating, electricity, and certain administrative expenses attributable to occupancy.

B. The amount of adjustment will be determined by multiplying the base rate by the annual percent of change in the Cost-of-Living Index. The percent change will be computed by comparing the index figure published for the month prior to the Lease Term Commencement Date with the index figure published for the month prior which begins each successive 12-month period. For example, a Lease which commences in June of 2005 would use the index published for May of 2005, and that figure would be compared with the index published for May of 2006, May of 2007, and so on, to determine the percent change. The Cost-of-Living Index will be measured by the Department of Labor revised Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), U.S. city average, all items, (1982 to 1984 = 100) published by the Bureau of Labor Statistics. Payment will be made with the monthly installment of fixed rent. Rental adjustments will be effective on the anniversary date of the Lease; however, payment of the adjusted rental rate will become due on the first workday of the second month following the publication of the Cost-of-Living Index for the month prior to the commencement of each 12-month period.

C. In the event of any decreases in the Cost-of-Living Index occurring during the term of the occupancy under the Lease, the rental amount will be reduced accordingly. The amount of such reductions will be determined in the same manner as increases in rent provided under this paragraph.

D. If the Government exercises an option to extend the Lease term at the same rate as that of the original term, the option price will be based on the adjustment during the original term. Annual adjustments will continue.

LEASE NO. GS-07P-LTX01733, PAGE 10 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100

2.06 REAL ESTATE TAX ADJUSTMENT (FEB 2026)

A. Purpose. This paragraph provides for adjustment in the rent (tax adjustment) to account for increases or decreases in Real Estate Taxes for the

Property after the establishment of the Real Estate Tax Base, as those terms are defined herein. Tax adjustments must be calculated in accordance with this paragraph.

B. Definitions. The following definitions apply to the use of the terms within this paragraph:

1. Property is defined as the land and Buildings in which the Premises are located, including all Appurtenant Areas (e.g., parking areas to which the Government is granted rights).

2. Real Estate Taxes are those taxes that are levied upon the owners of real property by a Taxing Authority (as hereinafter defined) of a state or local Government on an ad valorem basis to raise general revenue for funding the provision of government services. The term excludes, without limitation, special assessments for specific purposes, assessments for business improvement districts, and/or community development assessments.

3. Taxing Authority is a state, commonwealth, territory, county, city, parish, or political subdivision thereof, authorized by law to levy, assess, and collect Real Estate Taxes.

4. Tax Year refers to the 12-month period adopted by a Taxing Authority as its fiscal year for assessing Real Estate Taxes on an annual basis.

5. Tax Abatement is an authorized reduction in the Lessor's liability for Real Estate Taxes below that determined by applying the generally applicable real estate tax rate to the Fully Assessed (as hereinafter defined) valuation of the Property.

6. Unadjusted Real Estate Taxes are the full amount of Real Estate Taxes that would be assessed for the Property for one full Tax Year without regard to the Lessor's entitlement to any Tax Abatements (except if such Tax Abatement came into effect after the date of award of the Lease), and not including any late charges, interest or penalties. If a Tax Abatement comes into effect after the date of award of the Lease, "unadjusted Real Estate Taxes" are the full amount of Real Estate Taxes assessed for the Property for one full Tax Year, less the amount of such Tax Abatement, and not including any late charges, interest, or penalties.

7. Real Estate Tax Base is the unadjusted Real Estate Taxes for the first full Tax Year following the commencement of the Lease term. If the Real Estate Taxes for that Tax Year are not based upon a Full Assessment of the Property, then the Real Estate Tax Base must be the Unadjusted Real Estate Taxes for the Property for the first full Tax Year for which the Real Estate Taxes are based upon a Full Assessment. Such first full Tax Year may be hereinafter referred to as the Tax Base Year. Alternatively, the Real Estate Tax Base may be an amount negotiated by the parties that reflects an agreed upon base for a Fully Assessed value of the Property.

8. The Property is deemed to be Fully Assessed (and Real Estate Taxes are deemed to be based on a Full Assessment) only when a

Taxing Authority has, for the purpose of determining the Lessor's liability for Real Estate Taxes, determined a value for the Property taking into account the value of all improvements contemplated for the Property pursuant to the Lease, and issued to the Lessor a tax bill or other notice of levy wherein the Real Estate Taxes for the full Tax Year are based upon such Full Assessment. At no time prior to the issuance of such a bill or notice must the Property be deemed Fully Assessed.

9. Percentage of Occupancy refers to that portion of the Property exclusively occupied or used by the Government pursuant to the Lease.

For Buildings, the Percentage of Occupancy is determined by calculating the ratio of the RSF occupied by the Government pursuant to the Lease to the total RSF in the Building or Buildings so occupied and must not take into account the Government's ancillary rights including, but not limited to, parking or roof space for antennas (unless facilities for such ancillary rights are separately assessed). This percentage must be subject to adjustment to take into account increases or decreases for Space leased by the Government or for rentable space on the Property.

C. Adjustment for changes in Real Estate Taxes. After the Property is Fully Assessed, the Government must pay its share of any increases and must receive its share of any decreases in the Real Estate Taxes for the Property, such share of increases or decreases to be referred to herein as "tax adjustment." The amount of the tax adjustment must be determined by multiplying the Government's Percentage of Occupancy by the difference between the current year Unadjusted Real Estate Taxes and the Real Estate Tax Base, less the portion of such difference not paid due to a Tax Abatement (except if a Tax Abatement comes into effect after the date of award of the Lease).