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LETTER OF INTENT - LEASE

Commercial Brokers Association 2011 ALL RIGHTS RESERVEDCBAForm LOI-LSLease LETTER of IntentRev. 1/2012 Page 1 of 4 LETTER OF INTENT - LEASEDate: (Landlord's or Landlord's Broker's Name)Re: INTENT to LEASE (Description of Premises)Dear :We represent ( Tenant ). Tenant proposedto enter into a definitive agreement for the LEASE of the premises legally described on attached Exhibit A (the Premises ) and commonly described, below, on the following Footage. Te nant proposes to LEASE square Commencement; Term. The LEASE , as proposed, will commence on or about and will last for a term of Tenant will have options to extend the LEASE , each for a period of Tenantproposes to pay rent in the monthly amount of $, gross or plustriple net expenses, provided triple net expenses do not exceed $per square foot at Deposit. Tenant will pay a security deposit not to exceed $.

CBA Form LOI-LS Lease Letter of Intent Rev. 1/2012 Page 2 of 4 LETTER OF INTENT - LEASE 12. Brokerage Commission. Landlord agrees to pay the undersigned real estate brokerage firm (“Tenant's Broker”), which represents Tenant, a commission calculated and payable in accordance with any separate commission agreement or co-brokerage agreement.

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Transcription of LETTER OF INTENT - LEASE

1 Commercial Brokers Association 2011 ALL RIGHTS RESERVEDCBAForm LOI-LSLease LETTER of IntentRev. 1/2012 Page 1 of 4 LETTER OF INTENT - LEASEDate: (Landlord's or Landlord's Broker's Name)Re: INTENT to LEASE (Description of Premises)Dear :We represent ( Tenant ). Tenant proposedto enter into a definitive agreement for the LEASE of the premises legally described on attached Exhibit A (the Premises ) and commonly described, below, on the following Footage. Te nant proposes to LEASE square Commencement; Term. The LEASE , as proposed, will commence on or about and will last for a term of Tenant will have options to extend the LEASE , each for a period of Tenantproposes to pay rent in the monthly amount of $, gross or plustriple net expenses, provided triple net expenses do not exceed $per square foot at Deposit. Tenant will pay a security deposit not to exceed $.

2 Use. Te nant will use the Premises for the following purposes: Landlord will provide standard and customary utilities to the nantImprovements. Landlordwilloffera tenantimprovementallowanceequalto$persqu are foot. Commercial Brokers Association 2011 ALL RIGHTS RESERVEDCBAForm LOI-LSLease LETTER of IntentRev. 1/2012 Page 2 of 4 LETTER OF INTENT - Landlordagreesto paytheundersignedrealestatebrokeragefirm ( Tenant'sBroker ),whichrepresentsTe nant,a commissioncalculatedandpayablein accordancewithanyseparatecommission agreement or co-brokerage agreement. If there is no such separate agreement, the Selleragrees to pay Tenant's Broker a commission calculated as follows: .The commission shall be due and payable one-half upon execution of the LEASE and one-half uponoccupancy of the Premises. The Premises are commercial real estate for purposes of RCW andRCW Tenant's Broker is an intended beneficiary of this commission obligation and it cannot becancelled or changes without Tenant's Broker's written consent.

3 The prevailing party shall be entitled toattorneys fees and costs in the event of a dispute to collect a commission owed to Te nant's Broker,whether or not suit is Negotiations. By this LETTER of INTENT , the parties commit themselves to negotiate exclusivelyand in good faith with each other for a minimum period of () daysfrom the date this LETTER of INTENT is Agreement. This LETTER of INTENT does not address all essential terms of the LEASE or thetransaction, and a binding agreement for a LEASE of the Premises shall not exist between TenantandLandlord until they execute the LEASE , except with respect to the provisions of this LETTER of Intentregarding brokerage commissions and exclusivity of negotiations. This LETTER of INTENT shall not constitutea reservation of space nor an option on the the parties are willing to proceed with negotiations for the LEASE of the Premises on these terms andcondition, please sign this LETTER of INTENT where indicated below and return it to our truly yours,By: _____Print Name:Title:cc: Commercial Brokers Association 2011 ALL RIGHTS RESERVEDCBAForm LOI-LSLease LETTER of IntentRev.

4 1/2012 Page 3 of 4 LETTER OF INTENT - LEASEAPPROVED AND AGREED:TENANT:By: _____Print Name: Title: Date: LANDLORD:By: _____Print Name: Title: Date: Commercial Brokers Association 2011 ALL RIGHTS RESERVEDCBAForm LOI-LSLease LETTER of IntentRev. 1/2012 Page 4 of 4 LETTER OF INTENT - LEASEEXHIBIT A(Legal Description)


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