Certain information contained in this document has been redacted pursuant to Item 601(a)(6) of Regulation S-K. Redacted information is indicated with the notation “[***]”

SEVENTH AMENDMENT TO OFFICE LEASE

This SEVENTH AMENDMENT TO OFFICE LEASE (this "Seventh Amendment"), is made and entered into as of Aug 21, 2026, by and between REDWOOD CITY PARTNERS, LLC, a Delaware limited liability company ("Landlord"), and BOX, INC., a Delaware corporation ("Tenant").

R E C I T A L S:

A. Landlord and Tenant entered into that certain Office Lease dated September 15, 2014 (the "Office Lease"), whereby Landlord leases to Tenant and Tenant leases from Landlord those certain premises (the "Existing Premises") consisting of the entirety of that certain office building located at 900 Jefferson Avenue, Redwood City, California ("Building A" or the "Building A Premises") and a portion of the ground floor and the entirety of the fourth (4th) and fifth (5th) floors (presently known as Suites 400 and 500, which were designated as the third (3rd) and fourth (4th) floors under the Existing Lease (as defined herein below)) of that certain office building located at 900 Middlefield Avenue, Redwood City, California ("Building B"). The Office Lease, as amended by the First Amendment to Office Lease dated March 17, 2015, the Second Amendment to Office Lease dated October 22, 2015, the Third Amendment to Office Lease dated September 21, 2017, the Fourth Amendment to Office Lease dated November 6, 2018 (the "Fourth Amendment"), the Fifth Amendment to Office Lease dated April 30, 2019 (the "Fifth Amendment"), and the Sixth Amendment to Office Lease dated November 11, 2023 (the "Sixth Amendment"), is collectively referred to herein as the "Existing Lease". The Existing Lease as amended by this Seventh Amendment is referred to herein as the "Lease".

B. Landlord and Tenant now desire to amend the Existing Lease to (i) extend the Lease Term with respect to (a) the portion of the Existing Premises located on the ground floor of Building B (the "Renewal Building B Premises"), as depicted on Exhibit A-1 attached hereto, and (b) the Building A Premises (the Renewal Building B Premises and the Building A Premises are collectively referred to herein as the "Renewal Premises"), (ii) allow the Lease Term to expire with respect to the remainder of the Existing Premises, consisting of the entirety of the fourth (4th) and fifth (5th) floors of Building B (presently known as Suites 400 and 500, which were designated as the third (3rd) and fourth (4th) floors under the Existing Lease) (collectively, the "Seventh Amendment Give-Back Space"), (iii) remeasure the Renewal Premises, and (iv) otherwise amend the Lease, all on the terms and conditions contained herein.

A G R E E M E N T:

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows.

"4.6 Landlord's Records. Upon Tenant's written request given not more than one hundred eighty (180) days after Tenant's receipt of a Statement for a particular Expense Year, and

provided that Tenant is not then in monetary or material non-monetary default under this Lease beyond the applicable notice and cure period provided in this Lease, specifically including, but not limited to, the timely payment of Additional Rent (whether or not the same is the subject of the audit contemplated herein), Landlord shall furnish Tenant with such reasonable supporting documentation in connection with the Direct Expenses and utility charges billed as Additional Rent as Tenant may reasonably request. Landlord shall provide said documentation to Tenant within forty-five (45) days after Tenant's written request therefor. Within one hundred eighty (180) days after receipt of a Statement or Utility Statement by Tenant (the "Audit Period"), if Tenant disputes the amount of Direct Expenses set forth in the Statement or the amount of utility charges set forth in the Utility Statement, an independent auditor (which auditor (A) is either (1) a nationally or regionally recognized certified public accounting firm, (2) a nationally recognized lease auditing firm or brokerage firm (such as Newmark), in each case with previous experience in auditing financial operating records of landlords of office buildings, or (3) with respect to any audit of utility charges set forth in a Utility Statement, a nationally or regionally recognized meter reading, energy audit, or utility consulting firm with experience in auditing utility charges for office buildings ("Auditor"), and (B) is not working on a contingency fee basis (i.e., Tenant must be billed based on the actual time and materials that are incurred by such Auditor in the performance of the audit)), designated and paid for by Tenant, may, after reasonable notice to Landlord and at reasonable times, audit Landlord's records with respect to the Statement or Utility Statement, with such audit to be conducted, at Tenant's election, (x) as a desktop audit, with Landlord providing electronic access to its applicable books and records, or (y) in person at Landlord's offices in the San Francisco Bay area, provided that any in-person audit shall be conducted in a reasonably professional and comfortable environment, provided further that (i) Tenant is not then in monetary or material non-monetary default under this Lease (beyond any applicable notice and cure periods provided under this Lease), and (ii) Tenant has paid all amounts required to be paid under the applicable Estimate Statement, Statement and Utility Statement (but Tenant shall be deemed to have paid the same "under protest"). In connection with such audit, Tenant and Tenant's Auditor shall execute a commercially reasonable confidentiality agreement regarding such audit. Any audit report prepared by Tenant's Auditor shall be delivered concurrently to Landlord and Tenant within the Audit Period. Tenant's failure to audit the amount of Direct Expenses set forth in any Statement or the amount of utility charges payable for the corresponding period within the Audit Period shall constitute a waiver of Tenant's right or ability to audit the amounts set forth in such Statement or the utility charges paid by Tenant for such period; provided, however, if Landlord revises a Statement or Utility Statement after delivering the same to Tenant (which revision shall be done, if at all, within one (1) year after Landlord delivers the initial Statement for such Expense Year or the initial Utility Statement, as applicable), then Tenant shall continue to have the right to dispute such revisions for a period of one hundred eighty (180) days after Landlord delivers such revised Statement or Utility Statement to Tenant. If after such audit, Tenant still disputes such Direct Expenses or utility charges, an audit to determine the proper amount shall be made, at Tenant's expense, by an independent certified public accountant or utility consulting firm, as applicable (the "Accountant") mutually and reasonably selected by Landlord and Tenant; provided that if such audit by the Accountant proves that the Direct Expenses set forth in the particular Statement or the utility charges set forth in the particular Utility Statement were overstated by more than five percent (5%), then the cost of the Accountant and the cost of such audit shall be paid for by Landlord. Tenant hereby acknowledges that Tenant's sole right to audit Landlord's records and to contest the amount of Direct Expenses and utility

charges payable by Tenant shall be as set forth in this Section 4.6, and Tenant hereby waives any and all other rights pursuant to Applicable Laws to audit such records and/or to contest the amount of Direct Expenses or utility charges payable by Tenant."

"Landlord shall comply with all Applicable Laws relating to the Base Building, the Project Common Areas, and the Building Common Areas, provided that compliance with such Applicable Laws is not the responsibility of Tenant under this Lease, and provided further that Landlord's failure to comply therewith would adversely affect a certificate of occupancy (or legal equivalent) for the Premises for the Permitted Use, or Tenant's ability to perform Alterations that are consistent with a general office use and a density that is consistent with Tenant's existing buildout of the Renewal Premises, or would unreasonably and materially affect the safety of Tenant's employees or create a significant health hazard for Tenant's employees (it being understood that the foregoing is in addition to Landlord's obligations with respect to the Egress Compliance Work). Notwithstanding anything to the contrary in this Lease, Tenant shall not be obligated to incur any costs in connection with Landlord's obligations under this Article 24 or in connection with the Egress Compliance Work. Landlord and Tenant hereby acknowledge that neither the Premises nor the Buildings have undergone inspection by a Certified Access Specialist (CASp). Tenant shall not do anything or suffer anything to be done in or about the Premises or the Project which will in any way conflict with any law, statute, ordinance or other governmental rule, regulation or requirement now in force or which may hereafter be enacted or promulgated, including, without limitation, any such governmental regulations related to disabled access (collectively, "Applicable Laws"). At its sole cost and expense, except to the extent the same is Landlord's obligation above or is Egress Compliance Work, Tenant shall promptly comply with all Applicable Laws (including the making of any alterations to the Premises required by Applicable Laws) which relate to (i) Tenant's use of the Premises, (ii) Tenant's personal property (including its equipment) at the Project, even if located outside the Premises, (iii) the Alterations or the Improvements in the Premises, or (iv) the Base Building, the Project Common Areas, or the Building Common Areas, but as to the Base Building, the Project Common Areas, and the Building Common Areas, only to the extent such obligations are triggered by (x) Alterations made by Tenant to the Premises to the extent such Alterations are not normal and customary business office improvements, or (y) Tenant's use of the Premises for non-general office use. If any changes are required to be made to the Base Building, the Project Common Areas or the Building Common Areas under clause (iv) above, then Landlord shall make such changes at Tenant's sole cost and expense. Should any standard or regulation now or hereafter be imposed on Landlord or Tenant by a state, federal or local governmental body charged with the establishment, regulation and enforcement of occupational, health or safety standards for employers, employees, landlords or tenants, then Tenant agrees, at its sole cost and expense, to comply promptly with such standards or regulations, subject to the cost shield set forth above. The judgment of any court of competent jurisdiction or the admission of Tenant in any judicial action, regardless of whether Landlord is a party thereto,

that Tenant has violated any of said governmental measures, shall be conclusive of that fact as between Landlord and Tenant."

If to Tenant:

Box, Inc.

900 Jefferson Avenue

Redwood City, CA 94063

Attn: Brenda Badal

Email: [***]

with a copy by email to: legalops@box.com

and with a copy to (which copy shall be required only with respect to notices of default, estoppel certificate requests, and other non-routine notices under this

Lease, and shall not be required for recurring notices such as rent statements and invoices):

Shartsis Friese LLP
425 Market Street, 11th Floor
San Francisco, CA 94105
Attention: Scott Schneider
Email: [***]

Tenant shall have exclusive rights to install, repair, maintain, replace, and use, at Tenant's sole cost and expense and without the payment of any Base Rent or similar fee or charge, telecommunications equipment, HVAC equipment, and other necessary equipment (collectively, "Rooftop Equipment") on the roof of Building A, excluding areas occupied by Landlord's existing equipment and areas utilized for existing Building Systems dedicated to Building A. Tenant shall be entitled to Tenant's proportionate share of the rooftop space on Building B (based on the ratio of the rentable square footage of the then Premises located in Building B to the total rentable square footage of Building B) for the installation, maintenance, and operation of Rooftop Equipment. Notwithstanding the foregoing, Landlord confirms that all of Tenant's Rooftop Equipment existing on the roof of Building B as of the date of this Seventh Amendment may

remain in place during the Extended Term as the same may be renewed or extended. If Landlord reasonably determines that any such existing Rooftop Equipment must be relocated in order to accommodate Landlord's use of, or use by other tenants of, the Building B rooftop, then Landlord shall relocate such existing Rooftop Equipment to another location on the roof of Building B, at Landlord's sole cost and expense, upon reasonable prior notice to Tenant, coordinating with Tenant on timing, using commercially reasonable efforts to minimize disruption to Tenant's operations, and repairing any damage caused by such relocation. Tenant's Rooftop Equipment existing on the date of this Seventh Amendment (including, without limitation, Tenant's supplemental rooftop HVAC equipment) is hereby deemed approved by Landlord and shall be permitted to remain in place, subject to Landlord's relocation rights set forth above. Any new Rooftop Equipment installed by Tenant after the date of this Seventh Amendment shall be installed pursuant to plans and specifications approved by Landlord (including all mounting and waterproofing details), which approval shall not be unreasonably withheld, conditioned, or delayed; provided that Landlord may withhold such approval in its sole discretion if the installation of the Rooftop Equipment would adversely affect the Building Structure or Landlord's roof warranties, in each case taking into account any structural reinforcement, waterproofing, or other ameliorative work proposed by Tenant in its construction drawings. The physical appearance and size of any new Rooftop Equipment shall be subject to Landlord's reasonable approval, and Landlord may require Tenant to install screening as reasonably designated by Landlord, at Tenant's sole cost and expense. Tenant shall give Landlord prior notice before installing any new Rooftop Equipment and shall reimburse Landlord for the actual reasonable costs incurred by Landlord in approving such Rooftop Equipment. Tenant shall be solely responsible for all costs incurred in connection with Tenant's Rooftop Equipment (including electricity and insurance) and shall service, maintain, and repair its Rooftop Equipment at its sole cost and expense. Tenant shall remain solely liable for any damage arising in connection with Tenant's installation, use, maintenance, or repair of its Rooftop Equipment, including any damage to the roof or roof membrane and any penetrations to the roof. Landlord makes no representations or warranties with respect to the condition of the roof of the Buildings or its fitness or suitability for the installation, maintenance, or operation of Rooftop Equipment. Tenant shall not access the roof of the Buildings without first receiving Landlord's prior consent (not to be unreasonably withheld, conditioned, or delayed). All Rooftop Equipment shall comply with Applicable Laws. Tenant shall not license its Rooftop Equipment to any third party, nor receive any revenues, fees, or other consideration for the use of such Rooftop Equipment by a third party. Tenant's removal and restoration obligations with respect to its Rooftop Equipment upon the expiration or earlier termination of the Lease shall be governed by Section 15 of this Seventh Amendment. The rights contained in this Section 23 shall be personal to the Original Tenant, any Permitted Transferee Assignee, and their respective Transferees.

[signatures appear on following page]

EXHIBIT A-1

DEPICTION OF RENEWAL BUILDING B PREMISES

EXHIBIT A-2

CITY-APPROVED PLAN SET

EXHIBIT A-3

TERRACE AND BLDG. A ORIGINAL EXIT PATH

EXHIBIT B

ONGOING RIGHT OF FIRST OFFER

EXHIBIT C

PROJECT PARKING FACILITIES MAP

EXHIBIT D

SEVENTH AMENDMENT WORK LETTER

Tenant-Build with Allowance

This Seventh Amendment Work Letter shall set forth the terms and conditions relating to the construction of the Seventh Amendment Improvements (as defined below). All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Lease.

SECTION 1

POSSESSION

Except as specifically set forth in this Seventh Amendment Work Letter and the Lease, Tenant shall continue to accept the Renewal Premises in its existing "as-is" condition in accordance with the timing and other terms and conditions set forth in the Lease.

SECTION 2

SEVENTH AMENDMENT IMPROVEMENTS; TENANT DELIVERABLES; TIME DEADLINES

2.1 Description of Seventh Amendment Improvements. Subject to the terms and conditions of this Seventh Amendment Work Letter (including, but not limited to, Landlord's approval rights set forth in Section 3 below), Tenant shall be responsible for the design and construction of the Seventh Amendment Improvements in the Renewal Premises, which improvements shall be permanently affixed to the Renewal Premises (the "Seventh Amendment Improvements"). Responsibility for costs relating the design and construction of the Seventh Amendment Improvements, as between Landlord and Tenant, shall be governed by Section 4 and the other provisions of this Seventh Amendment Work Letter. Notwithstanding any contrary provision of the Lease, all of the Seventh Amendment Improvements shall be and become a part of the Renewal Premises and shall be the property of Landlord. Restoration and removal requirements with respect to the Seventh Amendment Improvements shall be governed by Section 15 of the Seventh Amendment.

2.2 Tenant Deliverables. Tenant shall deliver to Landlord the items identified in Schedule 1 attached hereto at the times specified therein (collectively, the "Tenant Deliverables"). Time is of the essence with respect to the performance by Tenant of every provision of this Seventh Amendment Work Letter.

SECTION 3

DESIGN OF IMPROVEMENTS; SELECTION OF TENANT'S AGENTS

3.1 Construction Drawings. All Construction Drawings shall be prepared by Tenant pursuant to the terms of this Seventh Amendment Work Letter, comply with reasonable drawing format and specifications reasonably determined by Landlord, and be subject to Landlord's approval, such approval not to be unreasonably withheld, conditioned or delayed, except if the Construction Drawings are incomplete in any material respect or a Design Problem exists (collectively, "Landlord's Consent Standard"). A "Design Problem" is defined as, and will be deemed to exist if such Seventh Amendment Improvements would (i) affect the exterior appearance of the Building beyond a de minimis extent; (ii) adversely affect the Building Structure or adversely affect the Building Systems, in each case to a material extent and taking into account any structural reinforcement, supplemental systems, or other ameliorative work proposed by Tenant in the Construction Drawings; (iii) cause the Renewal Premises or the Seventh Amendment Improvements to fail to comply with Applicable Laws or Code; (iv) vitiate or otherwise materially and negatively affect any warranty, guaranty, or insurance maintained by Landlord, taking into account any ameliorative work proposed by Tenant in the Construction Drawings; (v) materially increase Landlord's repair or maintenance obligations pursuant to this Lease; or (vi) adversely affect the certificate of occupancy or its legal equivalent for the Project or any portion thereof. Tenant and Architect shall verify, in the field, the dimensions and conditions as shown on the relevant portions of the Base Building plans, and Tenant and Architect shall be solely responsible for the same (subject to Landlord's approval rights set forth in this Section 3). Notwithstanding that any Construction Drawings are reviewed or approved by Landlord or its space planner, architect, engineers and consultants, and notwithstanding any advice or assistance which may be rendered to Tenant by Landlord or Landlord's space planner, architect, engineers, and consultants, Landlord shall have no liability whatsoever in connection therewith and shall not be responsible for any omissions or errors contained in the Construction Drawings. Tenant acknowledges and agrees that any Construction Drawings submitted by Tenant or its agents to Landlord for approval pursuant to the terms of this Seventh Amendment Work Letter shall constitute Tenant's approval thereof, as between Landlord and Tenant.

3.2 Final Space Plan. Prior to commencement of any Working Drawings (as defined in Section 3.3 below), Tenant shall submit to Landlord for approval in accordance with Landlord's Consent Standard, its Final Space Plan, along with other renderings or illustrations reasonably required by Landlord, to allow Landlord to understand Tenant's design intent for the Seventh Amendment Improvements. Tenant shall provide Landlord with three (3) electronic copies of the Final Space Plan. The Final Space Plan shall include a layout and designation of all offices, rooms and other partitioning, their intended use, and equipment to be contained therein. Landlord may request clarification or more specific drawings for special use items not included in the Final Space Plan. Landlord shall advise Tenant within ten (10) business days after Landlord's receipt of the Final Space Plan if the same is approved or disapproved, and if disapproved, Landlord shall provide a reasonably detailed explanation of the Design Problem or incomplete items in its notice of disapproval. If the Final Space Plan is disapproved, Tenant shall cause the Final Space Plan to be revised to correct any deficiencies or other matters Landlord may reasonably require. Landlord shall advise Tenant within five (5) business days after Landlord's receipt of any revised Final Space

Plan if the same is approved or disapproved. The foregoing process shall be repeated until the Final Space Plan has been approved by Landlord. Within a reasonable period of time following Landlord's approval of the Final Space Plan, Tenant shall provide Landlord with a preliminary breakdown, by trade, of the anticipated costs to be incurred (or which have been incurred), in connection with the design and construction of the Seventh Amendment Improvements (the "Preliminary Budget").

3.3 Working Drawings. Upon the approval of the Final Space Plan by Landlord and Tenant, Tenant shall promptly (i) supply the Engineers with a complete listing of standard and non-standard equipment and specifications, including, without limitation, B.T.U. calculations, electrical requirements and special electrical receptacle requirements, to enable the Engineers and the Architect to complete the "Working Drawings," as defined below, in the manner as set forth below, (ii) cause the Architect and the Engineers to complete the architectural and engineering drawings for the Seventh Amendment Improvements in a manner consistent with, and which are a natural and logical extension of, the approved Final Space Plan, and (iii) cause the Architect to compile a fully coordinated set of architectural, structural, mechanical, electrical and plumbing working drawings in a form which is complete to allow subcontractors to bid on the work and to obtain all applicable Permits, as defined below (collectively, the "Working Drawings"). The Working Drawings shall be submitted to Landlord for approval in accordance with Landlord's Consent Standard. Tenant shall supply Landlord with three (3) electronic copies of the Working Drawings. Landlord shall advise Tenant within ten (10) business days after Landlord's receipt of the Working Drawings if the same are approved or disapproved, and if disapproved, Landlord shall provide a reasonably detailed explanation of the Design Problem or incomplete items in its notice of disapproval. If the Working Drawings are disapproved, then Tenant shall revise and resubmit the Working Drawings to Landlord. The foregoing process shall be repeated until the Working Drawings have been approved by Landlord, provided that Landlord shall advise Tenant within five (5) business days after Landlord's receipt of any revised Working Drawings if the same are still disapproved for any reason. In the event that the Working Drawings or any amendment or supplement thereto shall require any changes or modifications to the Base Building ("Base Building Changes"), and if Landlord (applying Landlord's Consent Standard) approves such Base Building Changes, Landlord shall notify Tenant of the need for and cost of such Base Building Changes, and Tenant shall pay the cost of such Base Building Changes (subject to Tenant's right to use a portion of the Seventh Amendment Improvement Allowance, as defined below, towards the cost of such Base Building Changes in accordance with Section 4.3.1(iv) below); provided, however, that to the extent any such Base Building Changes are required by Applicable Laws or Code, the cost allocation between Landlord and Tenant shall be governed by Article 24 of the Lease (as amended by Section 16.2 of the Seventh Amendment), and Tenant shall not be obligated to incur any costs for which Landlord is responsible thereunder. The cost of any Base Building Changes shall include, without limitation, all architectural and/or engineering fees and construction costs in connection therewith.

3.4 Approved Working Drawings; Permits. Following Landlord's approval of the Working Drawings, Tenant shall submit the Approved Working Drawings to the appropriate municipal authorities for plan check and diligently pursue all applicable building permits and approvals for the Seventh Amendment Improvements (the "Permits"). Tenant shall deliver copies of the final, approved Permits to Landlord prior to the commencement of construction of the

Seventh Amendment Improvements. Tenant hereby agrees that neither Landlord nor Landlord's consultants shall be responsible for obtaining any building permit or certificate of occupancy for the Renewal Premises and that obtaining the same shall be Tenant's sole responsibility; provided, however, that Landlord shall cooperate with Tenant in executing permit applications and performing other ministerial acts reasonably necessary to enable Tenant to obtain any such permit or certificate of occupancy.

3.5 Improvement Changes. No material changes, modifications or alterations in the Approved Working Drawings ("Improvement Changes") may be made without the prior written consent of Landlord, which consent shall be governed by Landlord's Consent Standard. In the event Tenant desires to implement a material Improvement Change, Tenant shall deliver notice (the "Drawing Change Notice") of the same to Landlord, setting forth in detail the Improvement Change that Tenant desires to make to the Approved Working Drawings. Landlord shall approve or disapprove the Improvement Change in accordance with Landlord's Consent Standard within ten (10) business days of receipt of a Drawing Change Notice. If the Improvement Change is disapproved, Landlord shall provide a reasonably detailed explanation of the Design Problem or incomplete items in its notice of disapproval, and Tenant shall revise and resubmit the Drawing Change Notice to Landlord. Landlord shall advise Tenant within five (5) business days after Landlord's receipt of any revised Drawing Change Notice if the same is approved or disapproved. The foregoing process shall be repeated until the Improvement Change request has been approved by Landlord or withdrawn by Tenant. Except as expressly set forth herein, any Improvement Changes approved by Landlord pursuant to the terms hereof shall otherwise be treated as Seventh Amendment Improvements for purposes of the Lease and this Seventh Amendment Work Letter. Improvement Changes that are not material may be made by Tenant without Landlord's consent.

3.6 Deemed Approval. If Landlord fails to notify Tenant of Landlord's approval or disapproval of any iteration of any Construction Drawings (including any Improvement Changes thereto) within the applicable time period set forth in this Section 3, Tenant shall have the right to provide Landlord with a second written request for approval (a "Second Request") that specifically includes a copy of the applicable Construction Drawings or Improvement Change and contains the following statement in bold and capital letters: "THIS IS A SECOND REQUEST FOR APPROVAL PURSUANT TO THE PROVISIONS OF SECTION 3.6 OF THE SEVENTH AMENDMENT WORK LETTER. IF LANDLORD FAILS TO RESPOND WITHIN FIVE (5) BUSINESS DAYS AFTER RECEIPT OF THIS NOTICE, THEN LANDLORD SHALL BE DEEMED TO HAVE APPROVED THE CONSTRUCTION DRAWINGS OR IMPROVEMENT CHANGE DESCRIBED HEREIN." If Landlord fails to respond to such Second Request within five (5) business days after Landlord's receipt thereof, the proposed Construction Drawings (including any Improvement Changes thereto) shall be deemed approved by Landlord.

3.7 Building Standards; LEED Certifications. Tenant acknowledges that Landlord has established specifications for certain Building standard components, which Building Standards exist as of the date of the Seventh Amendment. The quality of the Seventh Amendment Improvements shall be consistent with such Building Standards. The application of Building Standards to the Seventh Amendment Improvements shall not be construed to require Tenant to upgrade, replace, or modify any existing improvements in the Renewal Premises. LEED

considerations applicable to the Seventh Amendment Improvements shall be governed by the existing terms of the Lease.

3.8 Selection of Architect, Engineers, Contractor and Tenant's Agents. Tenant shall retain the Architect and the Engineers to prepare the Construction Drawings in accordance with the requirements of this Seventh Amendment Work Letter. Tenant shall also retain the Contractor to construct the Seventh Amendment Improvements in accordance with the Approved Working Drawings. Landlord hereby approves NOVO Construction as the Contractor for the Seventh Amendment Improvements. "Tenant's Agent's" (as defined in Section 4.1.2 of Exhibit B to the Office Lease) shall also refer to the Architect and Engineers. All of Tenant's Agents must be approved in advance in writing by Landlord, which approval shall not be unreasonably withheld, conditioned, or delayed. Notwithstanding the foregoing, Tenant shall use Landlord's designated Engineers and subcontractors for any work relating to the Base Building, provided that Landlord's designated Engineers and subcontractors shall have competitive pricing and be readily available; if Landlord's designated Engineers subcontractors are not available or do not offer competitive pricing, Tenant shall have the right to engage alternate Engineers or subcontractors for such work, subject to Landlord's reasonable approval and provided that Tenant does not void any warranties. Tenant shall not be required to use union labor in connection with the construction of the Seventh Amendment Improvements, except as required by the Underlying Documents; provided, however in the event that Tenant or its general contractor uses any open shop labor for any trade in connection with the construction of the Seventh Amendment Improvements, then in the event there are any demonstrations, picketing, or boycotting at the Project as a result of Tenant's or its contractors use of open shop labor for construction of the Seventh Amendment Improvements, Tenant will either (i) terminate the open shop subcontractor or laborer that is the subject of the objection by the shop labor subcontractor of its general contractor or (ii) otherwise eliminate any disruptive union activity at the Project resulting therefrom in a manner reasonably acceptable to Landlord. Tenant shall use commercially reasonable efforts to maintain labor harmony with the workforce or trades engaged in performing other work, labor or services at the Project. No payment or performance bond shall be required of Tenant or the Contractor.

SECTION 4

COST OF SEVENTH AMENDMENT IMPROVEMENTS; SEVENTH AMENDMENT IMPROVEMENT ALLOWANCE

4.1 Construction Contract; Final Costs. Tenant shall engage the Contractor under a commercially reasonable construction contract (the "Seventh Amendment Contract"). Prior to the commencement of the construction of the Seventh Amendment Improvements, and after Tenant has accepted all bids for the Seventh Amendment Improvements, Tenant shall provide Landlord with (i) a copy of the fully executed Seventh Amendment Contract, (ii) Tenant's proposed construction schedule for the Seventh Amendment Improvements (the "Construction Schedule"), and (iii) a detailed schedule of values which includes a breakdown, by trade, of the final costs to be incurred or which have been incurred in connection with the design and construction of the Seventh Amendment Improvements, which costs form a basis for the amount of the Seventh Amendment Contract (the "Seventh Amendment Final Costs"). In the event that the Seventh Amendment Final Costs exceed the amount of the Seventh Amendment Improvement Allowance,

such overage amounts shall be governed by the terms of Section 4.2 below. If Tenant elects to perform the Seventh Amendment Improvements in Phases (as hereinafter defined) pursuant to Section 4.6, the Seventh Amendment Contract, Construction Schedule, and Seventh Amendment Final Costs shall apply to each Phase, and the obligations of this Section 4.1 shall be performed on a Phase-by-Phase basis.

4.2 Seventh Amendment Improvement Allowance. Tenant shall be entitled to a one-time improvement allowance (the "Seventh Amendment Improvement Allowance") in the amount of Twenty-Seven Million Five Hundred Forty-Three Thousand Five Hundred and 00/100 Dollars ($27,543,500.00) (i.e., approximately One Hundred Thirteen and 38/100 Dollars ($113.38) per rentable square foot of the Renewal Premises) for the costs of the Seventh Amendment Improvement Allowance Items (as defined below). The Seventh Amendment Improvement Allowance shall be available to Tenant upon execution of this Seventh Amendment. The Seventh Amendment Improvement Allowance shall be disbursed by Landlord on a first-in basis (subject to the retention set forth in Section 4.3.2.1). Tenant shall not be required to spend the Seventh Amendment Improvement Allowance evenly, ratably, or on a per floor or per Building basis. In no event shall Landlord be obligated to pay a total amount which exceeds the Seventh Amendment Improvement Allowance in connection with the design and construction of the Seventh Amendment Improvements. Notwithstanding anything to the contrary contained in this Seventh Amendment Work Letter, Tenant shall not be entitled to any portion of the Seventh Amendment Improvement Allowance for which Tenant has not submitted a request for disbursement to Landlord in compliance with the requirements of Section 4.3 below on or before December 31, 2030 (the "Allowance Deadline"), and any such remaining portion of the Seventh Amendment Improvement Allowance as of the Allowance Deadline shall remain with Landlord as its sole property. Tenant shall be solely responsible for timely payment of all costs and expenses relating to the Seventh Amendment Improvements that are in excess of the Seventh Amendment Improvement Allowance.

4.3 Disbursement of Seventh Amendment Improvement Allowance.

4.3.1 Seventh Amendment Improvement Allowance Items. The Seventh Amendment Improvement Allowance shall be disbursed by Landlord only for the following items and costs (collectively the "Seventh Amendment Improvement Allowance Items"):

(i) Payment of professional fees, management fees (excluding the Seventh Amendment Coordination Fee), and the fees of the Architect and the Engineers, which fees shall not exceed an aggregate amount equal to Five Million Five Hundred Eight Thousand Seven Hundred and 00/100 Dollars ($5,508,700.00);

(ii) The payment of plan check, permit and license fees relating to construction of the Seventh Amendment Improvements;

(iii) The cost of construction of the Seventh Amendment Improvements, including, without limitation, testing and inspection costs, freight elevator usage, hoisting and trash removal costs, and contractors' fees and general conditions;

(iv) The cost of any Base Building Changes included in the Approved Working Drawings;

(v) The cost of any changes to the Construction Drawings or Seventh Amendment Improvements required by Code;

(vi) The cost of the "Seventh Amendment Coordination Fee," as defined in Section 4.4 of this Seventh Amendment Work Letter, which Seventh Amendment Coordination Fee shall include fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord's consultants in connection with the preparation and review of the Construction Drawings;

(vii) Sales and use taxes;

(viii) Fees incurred by, and the cost of any third-party costs reasonably incurred by Landlord to obtain any Tenant Deliverables which Tenant fails to timely deliver pursuant to the terms of this Work Letter and all other costs expended by Landlord in connection with the construction of the Improvements; and

(ix) The costs of removing existing signage at the Project and related restoration work, and the costs of designing, permitting, fabricating, and installing new signage at the Project (including, without limitation, the New Signage described in Section 12.2 of the Seventh Amendment).

4.3.2 Disbursement Procedures. Prior to and during the construction of the Seventh Amendment Improvements, Landlord shall make disbursements of the Seventh Amendment Improvement Allowance for the Seventh Amendment Improvement Allowance Items as follows:

4.3.2.1 Monthly Disbursements. On or before the twentieth (20th) day of each calendar month during the construction of the Seventh Amendment Improvements, Tenant shall deliver to Landlord: (i) a request for payment of the Contractor that has been approved by Tenant and Tenant's Architect on the AIA G702 and G703 forms or such other format reasonably approved by Landlord, showing the schedule, by trade, of percentage of completion of the Seventh Amendment Improvements, detailing the portion of the work completed and the portion not completed; (ii) invoices from all of Tenant's Agents for labor rendered and materials delivered in connection with the applicable Seventh Amendment Improvements, which invoices shall be signed by the Architect and otherwise be in a format reasonably acceptable to Landlord; (iii) executed mechanic's lien releases from all of Tenant's Agents which shall comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Sections 8132, 8134, 8136 and 8138; (iv) all of the Tenant Deliverables set forth in Sections 2 and 3 of Schedule 1 attached to this Seventh Amendment Work Letter, (i.e., the "Ongoing During Construction" and "Prior to Release of Any Funds Related to Hard Costs" categories of Tenant Deliverables, respectively); and (v) such other information as may be reasonably requested by Landlord and reasonably related to the disbursement request. As between Landlord and Tenant, Tenant's request for payment shall be deemed Tenant's acceptance and approval of the work furnished and/or the materials supplied as set forth in Tenant's payment request. Within thirty (30) days thereafter,

Landlord shall deliver a check, payable to Tenant for any amounts previously paid by Tenant and for which Tenant is seeking reimbursement or, at Tenant's election, payable jointly to Tenant and Contractor, in payment of the lesser of: (A) the amounts so requested by Tenant applicable to the Seventh Amendment Improvements, less a five percent (5%) retention (the aggregate amount of such retentions to be known as the "Seventh Amendment Final Retention"), and (B) the balance of any remaining available portion of the Seventh Amendment Improvement Allowance (not including the Seventh Amendment Final Retention). In the event that Landlord, acting reasonably, disputes any request for payment based on material non-compliance of any work with the Approved Working Drawings or due to any substandard work, Landlord shall provide Tenant with a reasonably detailed written statement (an "Allowance Dispute Notice") identifying such material non-compliance or substandard work, and Landlord shall disburse all undisputed portions of the requested amount and shall withhold only the amount(s) related to the disputed payment(s), which withheld portions shall be disbursed by Landlord promptly after the dispute is resolved in favor of Tenant or otherwise agreed to by the parties. Landlord's payment of such amounts shall not be deemed Landlord's approval or acceptance of the work furnished or materials supplied as set forth in Tenant's payment request.

4.3.2.2 Seventh Amendment Final Retention. A check for the Seventh Amendment Final Retention payable jointly to Tenant and Contractor, or directly to either Contractor or Tenant at Tenant's discretion, shall be delivered by Landlord to Tenant within thirty (30) days following the completion of construction of all of the Seventh Amendment Improvements, provided that (i) Tenant has delivered to Landlord paid invoices for all of the Seventh Amendment Improvements and related costs and all other Tenant Deliverables set forth in Section 4 of Schedule 1 attached to this Seventh Amendment Work Letter (i.e., the "Prior to Release of Final Payment" category of Tenant Deliverables), and (ii) Landlord has reasonably determined that the Seventh Amendment Improvements are consistent with the Approved Working Drawings (as may be modified by approved Improvement Changes).

4.3.2.3 Failure to Disburse Seventh Amendment Improvement Allowance. If Landlord fails to disburse any portion of the Seventh Amendment Improvement Allowance owed to Tenant in accordance with this Seventh Amendment Work Letter, and such amounts remain unpaid for thirty (30) days after Tenant's written notice to Landlord, then Tenant may, after Landlord's continued failure to pay such amounts within five (5) business days after Tenant's delivery of a second written notice (which second notice must contain the following inscription, in bold-faced lettering: "SECOND NOTICE DELIVERED PURSUANT TO SECTION 4.3.2.3 OF THE SEVENTH AMENDMENT WORK LETTER — FAILURE TO TIMELY PAY THE REQUESTED ALLOWANCE MAY RESULT IN TENANT'S OFFSET OF THE SAME AGAINST BASE RENT UNDER THE LEASE"), offset the unpaid amount against the Base Rent next due and owing under the Lease, together with interest at the Interest Rate from the date such amount was due until the date of the offset; provided that in any given month, Tenant shall not be entitled to offset more than fifty percent (50%) of the Base Rent attributable to such month, and further provided that if the entire amount cannot be offset during the first month Tenant is allowed such offset, then any remaining amount shall be offset against the following months' Base Rent (subject to the same fifty percent (50%) monthly cap) until fully offset with interest. Notwithstanding the foregoing, if during either the thirty (30)-day or five (5)-business-day period set forth above, Landlord (i) delivers an Allowance Dispute Notice in good faith with respect to

any portion of the amounts claimed to be due, and (ii) timely disburses any amounts not in dispute, then Tenant shall have no right to offset against Base Rent any amounts in dispute unless and until such dispute is resolved in favor of Tenant or otherwise agreed to by the parties.

4.4 Landlord Seventh Amendment Coordination Fee. Tenant shall pay a logistical coordination fee (the "Seventh Amendment Coordination Fee") to Landlord in an amount equal to the product of (i) one percent (1%), and (ii) the actual hard construction costs incurred by Tenant in connection with the Seventh Amendment Improvements, provided that in no event shall the Seventh Amendment Coordination Fee exceed one percent (1%) of the Seventh Amendment Improvement Allowance (excluding any portion thereof that has been converted to a Base Rent credit pursuant to Section 4.5 below). The Seventh Amendment Coordination Fee shall cover all of Landlord's internal and out-of-pocket costs in connection with the design and construction of the Seventh Amendment Improvements, including, without limitation, costs of third-party plan review. The Seventh Amendment Coordination Fee shall be paid in-kind out of the Seventh Amendment Improvement Allowance funds. Except for the Seventh Amendment Coordination Fee, Landlord shall not charge Tenant any oversight, supervisory, review, or other fees or costs in connection with the design and construction of the Seventh Amendment Improvements.

4.5 Additional Base Rent Abatement. Tenant shall have the right, from time to time during the Lease Term, upon written notice to Landlord (each, an "Allowance Conversion Notice") delivered on or before the Allowance Deadline, to elect to convert up to $13,771,750.00 in the aggregate (i.e., fifty percent (50%) of the Seventh Amendment Improvement Allowance) (collectively, the "Converted Allowance") into Base Rent abatement to be applied against monthly installments of Base Rent due under the Lease in the period(s) of the Lease Term selected by Tenant (which period(s) may include any period prior to, during, or after the Base Rent Abatement period set forth in Section 6 of the Seventh Amendment, and may include any period prior to the Extension Commencement Date), in accordance with the same terms and conditions set forth in Section 6 of the Seventh Amendment, including the rolling notice deadline and the suspension and reinstatement mechanism set forth therein. If, as of the Allowance Deadline, Tenant has not affirmatively converted the full $13,771,750.00 and any portion of the Seventh Amendment Improvement Allowance remains undisbursed, then the lesser of (a) such undisbursed portion, and (b) the unconverted balance of the $13,771,750.00 cap shall automatically convert to Converted Allowance on the Allowance Deadline, applied as a credit against monthly installments of Base Rent next coming due under the Lease, subject to the suspension and reinstatement mechanism in Section 6 of the Seventh Amendment.

4.6 Phased Construction. Notwithstanding any provision to the contrary in this Seventh Amendment Work Letter, Tenant shall have the right to perform the Seventh Amendment Improvements in one or more phases as designated by Tenant by written notice to Landlord (each, a "Phase"), in which case the provisions of this Seventh Amendment Work Letter shall apply on a Phase-by-Phase basis, mutatis mutandis, such that each Phase shall be deemed a separate project for purposes of all milestones, deliverables (including the Seventh Amendment Contract, Construction Schedule, Seventh Amendment Final Costs, Construction Drawings, Permits, Tenant Deliverables, and Substantial Completion), monthly disbursements and five percent (5%) retention (with Final Retention released per Phase under Section 4.3.2.2 upon completion of such Phase), and the Seventh Amendment Coordination Fee (calculated per Phase at one percent (1%) of such

Phase's hard construction costs, subject to the aggregate cap in Section 4.4); provided that (a) the soft cost cap in Section 4.3.1(i) and the Allowance Deadline shall continue to apply in the aggregate across all Phases, and (b) Tenant's election to phase shall not increase Tenant's overall obligations or reduce the Seventh Amendment Improvement Allowance available under this Seventh Amendment Work Letter.

4.7 Sheetrocking of Storage Spaces. Landlord hereby approves in concept Tenant's sheetrocking of Tenant's storage spaces within the Project, subject to Applicable Laws and Landlord's reasonable approval of the plans and specifications for such work

SECTION 5

CONSTRUCTION OF SEVENTH AMENDMENT IMPROVEMENTS

5.1 Requirements of Tenant's Agents.

5.1.1 Compliance with Construction Drawings and Rules and Regulations. The construction of the Seventh Amendment Improvements by Tenant and Tenant's Agents shall comply with the following requirements: (i) the Seventh Amendment Improvements shall be constructed substantially in accordance with the Approved Working Drawings, subject to approved Improvement Changes; and (ii) Tenant shall abide, and shall cause Tenant's Agents to abide, by all reasonable construction rules and regulations made by Landlord or Landlord's Building manager with respect to the use of freight, loading dock and service elevators, storage of materials, coordination of work with the contractors of other tenants, and any other matter in connection with this Seventh Amendment Work Letter, including, without limitation, the construction of the Seventh Amendment Improvements.

5.1.2 Indemnity. Tenant's indemnity of Landlord and Landlord's indemnity of Tenant, as set forth in the Lease shall also apply with respect to any and all costs, losses, damages, injuries and liabilities related in any way to any act or omission of Tenant or Tenant's Agents, or act or omission of Landlord or any Landlord Parties or anyone directly or indirectly employed by any of them, or in connection with Tenant's or Landlord's, as the case may be, non-payment of any amount arising out of the Seventh Amendment Improvements and/or Tenant's or Landlord's, as the case may be, disapproval of all or any portion of any request for payment. Such indemnity by Tenant, as set forth in the Lease, shall also apply with respect to all costs, losses, damages, injuries and liabilities related in any way to Landlord's performance of any ministerial acts reasonably necessary (i) to permit Tenant to complete the Seventh Amendment Improvements, and (ii) to enable Tenant to obtain any Permit or certificate of occupancy for the Renewal Premises.

5.1.3 Warranties and Guaranties. Each of Tenant's Agents shall warrant and guarantee that the portion of the Seventh Amendment Improvements for which it is responsible shall be free from any defects in workmanship and materials for a period of not less than one (1) year from the date of completion thereof (the "Warranty Period"). Each of Tenant's Agents shall be responsible for the replacement or repair, without additional charge, of all work done or furnished in accordance with its contract that shall become defective within such Warranty Period. The correction of such work shall include, without additional charge, all additional expenses and damages incurred in connection with such removal or replacement of all or any part of the Seventh

Amendment Improvements, and/or the Project and/or Common Areas that may be damaged or disturbed thereby. All such warranties or guarantees as to materials or workmanship of or with respect to the Seventh Amendment Improvements shall be contained in the Seventh Amendment Contract and shall be written such that such guarantees or warranties shall inure to the benefit of both Landlord and Tenant, as their respective interests may appear, and can be directly enforced by either. Tenant covenants to give to Landlord any assignment or other assurances which may be necessary to effect such right of direct enforcement.

5.1.4 Insurance Requirements.

5.1.4.1 General Coverages. All of Tenant's Agents shall carry worker's compensation insurance covering all of their respective employees, and shall also carry commercial general liability insurance of not less than a combined single limit of $5,000,000, all with limits, in form and with companies as are required to be carried by Tenant as set forth in the Lease; provided that the limits of liability to be carried by Tenant's Agents shall not exceed the amounts reasonably required for projects of comparable size and complexity by Landlord, which shall be reasonably commensurate with the levels of coverage required by owners of Comparable Buildings.

5.1.4.2 Special Coverages. Tenant shall carry or cause its Contractor to carry "Builder's All Risk" insurance in an amount approved by Landlord (such approval not to be unreasonably withheld) covering the construction of the Seventh Amendment Improvements, and such other insurance as Landlord may reasonably require, it being understood and agreed that the Seventh Amendment Improvements shall be insured by Tenant pursuant to the Lease immediately upon completion thereof. Such insurance shall be in amounts and shall include such extended coverage endorsements as may be reasonably required by Landlord including, but not limited to, the requirement that Tenant's Contractor shall carry excess liability and Products and Completed Operation Coverage insurance in amounts not less than $5,000,000 per incident, $5,000,000 in aggregate, and in form and with companies as are required to be carried by Tenant as set forth in the Lease; provided that, in all events, the limits to be carried shall be in amounts not to exceed those reasonably required for projects of comparable size and complexity by Landlord, which shall be reasonably commensurate with the levels of coverage required by owners of Comparable Buildings. In no event shall Tenant or any of Tenant's Agents be obligated to obtain a lien and completion bond or some alternate form of security.

5.1.4.3 General Terms. Certificates for all insurance carried pursuant to this Section 5.1.4 shall be delivered to Landlord before the commencement of construction of the Seventh Amendment Improvements and before the Contractor's equipment is moved onto the site. If commercially available, such policies of insurance will contain a provision that the company writing said policy will give Landlord thirty (30) days prior written notice of any cancellation or lapse of the effective date or any reduction in the amounts of such insurance. In any event, Tenant shall notify Landlord as soon as reasonably possible following the date Tenant becomes aware of (a) any cancellation of insurance policies required hereunder, and/or (b) any change that results in a material adverse change in coverage terms or limits of insurance policies required hereunder. Tenant's Agents shall maintain all required insurance coverage in force until the Seventh Amendment Improvements are fully completed and accepted by Landlord, except for any

commercially reasonable and market-available Products and Completed Operation Coverage insurance required by Landlord, which is to be maintained for ten (10) years following completion of the work and acceptance by Landlord and Tenant. The Seventh Amendment Contract shall specify that all policies carried under this Section 5.1.4 shall insure Landlord and Tenant, as their interests may appear, as well as Contractor and Tenant's Agents. All insurance, except Workers' Compensation, maintained by Tenant's Agents shall preclude subrogation claims by the insurer against anyone insured thereunder. Such insurance shall provide that it is primary insurance as respects the owner and that any other insurance maintained by owner is excess and noncontributing with the insurance required hereunder. The requirements for the foregoing insurance shall not derogate from the provisions for indemnification of Landlord by Tenant and Tenant by Landlord under the Lease or this Seventh Amendment Work Letter and each party's rights with respect to the waiver of subrogation.

5.2 Governmental Compliance. The Seventh Amendment Improvements, and Tenant's performance thereof, shall comply in all respects with the following: (i) the Code and other Applicable Laws, as each may apply according to the rulings of the controlling public official, agent or other person; (ii) applicable standards of the American Insurance Association (formerly, the National Board of Fire Underwriters) and the National Electrical Code; and (iii) building material manufacturer's specifications.

5.3 Inspection by Landlord. During construction, upon reasonable prior notice, Landlord shall have the right to inspect the Seventh Amendment Improvements at reasonable times, provided however, that Landlord's failure to inspect the Seventh Amendment Improvements shall in no event constitute a waiver of any of Landlord's rights hereunder nor shall Landlord's inspection of the Seventh Amendment Improvements constitute Landlord's approval of the same. Should Landlord reasonably disapprove any portion of the Seventh Amendment Improvements as not being substantially in accordance with the Approved Working Drawings, for containing a Design Problem, or for any other reason for which Landlord may disapprove as set forth in this Seventh Amendment Work Letter, Landlord shall notify Tenant in writing of such disapproval and shall specify the items disapproved. Any defects or deviations in, and/or disapproval by Landlord of, the Seventh Amendment Improvements shall be rectified by Tenant at no expense to Landlord, provided however, that in the event Landlord determines that a defect or deviation exists or disapproves of any matter in connection with any portion of the Seventh Amendment Improvements and such defect, deviation or matter adversely affects the Building Systems, the Building Structure, exterior appearance of the Building or any other tenant's use of such other tenant's leased premises, following notice to Tenant and Tenant's right to cure the same within the time periods set forth in the Lease, Landlord may take such action as Landlord reasonably deems necessary, at Tenant's expense and without incurring any liability on Landlord's part, to correct any such defect, deviation and/or matter, including, without limitation, causing the cessation of performance of the construction of the Seventh Amendment Improvements until such time as the defect, deviation and/or matter is corrected to Landlord's reasonable satisfaction.

5.4 Meetings. Commencing upon the commencement of preparation of the Construction Drawings, Tenant shall hold meetings at commercially reasonable intervals and times requested by Tenant, with the Architect and the Contractor regarding the progress of the preparation of Construction Drawings and the construction of the Seventh Amendment

Improvements, and Landlord and/or its agents shall receive prior notice of, and shall have the right to attend (including via teleconference or other similar means), all such meetings, and, upon Landlord's request, certain of Tenant's Agents shall attend such meetings. In addition, minutes shall be taken by Tenant or Tenant's Agents at all such meetings, a copy of which minutes shall be promptly delivered to Landlord. The parties shall endeavor to include the review of Contractor's most recent request for payment at one such meeting each month.

5.5 Additional Services. If, during the course of construction of the Seventh Amendment Improvements, Landlord provides any additional services or facilities at Tenant's request (including, but not limited to, hoisting, cleanup or other cleaning services, trash removal, field supervision, security, engineering, or ordering of materials), then Tenant shall pay Landlord for such services and facilities at Landlord's commercially reasonable rates and charges therefor. Landlord shall not have any obligation to provide any of the foregoing services or facilities.

5.6 Completion of Construction. Upon Tenant's commencement of physical construction of the Seventh Amendment Improvements (or any Phase thereof), Tenant shall diligently pursue the completion of such construction (or applicable Phase). Upon completion of all Seventh Amendment Improvements (or, in the case of phased construction, upon completion of each Phase), Tenant shall deliver to Landlord, to the extent not previously delivered, all of the Tenant Deliverables set forth in Section 4 of Schedule 1 attached to this Seventh Amendment Work Letter (i.e., the "Prior to Release of Final Payment" category of Tenant Deliverables).

5.7 Notice of Completion. Within thirty (30) days after completion of construction of the Seventh Amendment Improvements, Tenant shall cause a Notice of Completion to be recorded in the office of the Recorder of the county in which the Building is located in accordance with Section 8182 of the Civil Code of the State of California or any successor statute, and shall furnish a copy thereof to Landlord upon such recordation. If Tenant fails to do so, Landlord may execute and file the same as Tenant's agent for such purpose, at Tenant's sole cost and expense.

SECTION 6

MISCELLANEOUS

6.1 Tenant's Representative. Tenant has designated Brenda Badal (email: [***] and phone number : [***]) as its sole representative with respect to the matters set forth in this Seventh Amendment Work Letter, who, until further notice to Landlord, shall have full authority and responsibility to act on behalf of the Tenant as required in this Seventh Amendment Work Letter.

6.2 Landlord's Representative. Landlord has designated Scott Halfwassen (email: [***] and phone number: [***]) as its sole representative with respect to the matters set forth in this Seventh Amendment Work Letter, who, until further notice to Tenant, shall have full authority and responsibility to act on behalf of the Landlord as required in this Seventh Amendment Work Letter.

6.3 Electronic Notices and Approvals. Notwithstanding any provision to the contrary contained in the Lease or this Seventh Amendment Work Letter, Landlord and Tenant may transmit or otherwise deliver any of the notices and/or approvals required under this Seventh

Amendment Work Letter (but excluding notices of default, which shall be given in accordance with the "Notices" provision of the Lease) via electronic mail to Tenant's and Landlord's respective representatives identified in Sections 6.1 and 6.2 of this Seventh Amendment Work Letter. The foregoing shall not preclude either party from sending any notices or approvals by any of the other means identified under the "Notices" provision of the Lease.

6.4 Time Periods; Approval Process. Unless otherwise indicated, all references herein to a "number of days" shall mean and refer to calendar days. If any item requiring approval is timely disapproved by Landlord, the procedure for preparation of the document and approval thereof shall be repeated until the document is approved by Landlord.

6.5 Tenant's Default. Notwithstanding any provision to the contrary contained in the Lease or this Seventh Amendment Work Letter, if any monetary or material non-monetary default by Tenant under the Lease or this Seventh Amendment Work Letter beyond applicable notice and cure periods shall occur , then, in addition to all other rights and remedies granted to Landlord pursuant to the Lease, (i) Landlord shall have the right to suspend disbursement of all or any portion of the Seventh Amendment Improvement Allowance and/or Landlord may, without any liability whatsoever, cause the suspension of construction of the Seventh Amendment Improvements (in which case, Tenant shall be responsible for any delay in the completion of the Seventh Amendment Improvements and any costs occasioned thereby), and (ii) all other obligations of Landlord under the terms of the Lease and this Seventh Amendment Work Letter shall be suspended until such time as such default is cured pursuant to the terms of the Lease. If any default by Tenant is cured, waived, or no longer continuing, Landlord's suspended obligations under this Section 6.5 shall automatically be reinstated effective immediately.

6.6 Landlord Delay. As used in this Seventh Amendment Work Letter, "Landlord Delay" means an actual delay in the design, construction, or completion of the Seventh Amendment Improvements (or any Phase thereof) to the extent resulting from (i) any violation of Applicable Laws which Landlord is required to cure pursuant to Article 24 of the Lease (as amended by Section 16.2 of the Seventh Amendment) or pursuant to Section 16.1 of the Seventh Amendment (Egress Compliance Work), or Landlord's failure to obtain or maintain any governmental permits, consents, approvals, or other documentation that is Landlord's responsibility under the Lease, where such violation or failure delays or prevents Tenant from obtaining any governmental permits, consents, approvals, or other documentation required for, or commencing, performing, or completing, the Seventh Amendment Improvements; or (ii) material interference by Landlord, its employees, agents, or contractors with Tenant's design, construction, or completion of the Seventh Amendment Improvements (including impairment of Tenant's Agents' access to the Renewal Premises or facilities at the Project reasonably necessary for such purpose, or interference with the movement of materials or personnel to the Renewal Premises). If Tenant contends that a Landlord Delay has occurred, Tenant shall notify Landlord in writing (a "Delay Notice"), and if the actions or circumstances described in the Delay Notice constitute a Landlord Delay and are not cured by Landlord three (3) business days after Landlord's receipt of the Delay Notice, then a Landlord Delay shall be deemed to have occurred commencing as of the date such Delay Notice was received by Landlord and continuing until cured. Upon the occurrence of a Landlord Delay, then, in addition to any other rights and remedies available to Tenant under the Lease, at law or in equity: (a) the Allowance Deadline (and any other deadlines applicable to

Tenant under this Seventh Amendment Work Letter) shall be extended on a day-for-day basis for each day of Landlord Delay; and (b) Tenant shall be entitled to an abatement of Base Rent and Direct Expenses with respect to the portion of the Renewal Premises affected by such Landlord Delay and not usable and not actually utilized by Tenant for the conduct of business (the "Affected Premises"), in an amount equal to one (1) day of Base Rent and Direct Expenses applicable to the Affected Premises for each day of Landlord Delay.

6.7 Expedited Arbitration Proceeding. As used in this Seventh Amendment Work Letter, the term "Expedited Arbitration Proceeding" means an arbitration to be held in San Francisco administered by JAMS or any successor thereto under the Expedited Procedures provisions (Rules 16.1-16.2 in the current edition) of the JAMS Comprehensive Arbitration Rules and Procedures, and such determination rendered by the arbitrator shall be binding upon the parties and may be entered in any court having jurisdiction thereof. In any Expedited Arbitration Proceeding conducted hereunder, the arbitrator shall determine the extent to which each party is successful in such Expedited Arbitration Proceeding in addition to rendering a decision on the dispute submitted. If the arbitrator determines that one (1) party is entirely unsuccessful, then such party shall pay all of the fees of such arbitrator. If the arbitrator determines that both parties are partially successful, then each party shall be responsible for such arbitrator's fees only to the extent such party is unsuccessful (e.g., if Landlord is eighty percent (80%) successful and Tenant is twenty percent (20%) successful, then Landlord shall be responsible for twenty percent (20%) of such arbitrator's fees and Tenant shall be responsible for eighty percent (80%) of such arbitrator's fees). Either party shall have the right to submit a dispute between the parties that arises under this Seventh Amendment Work Letter, or that otherwise relates to the design, construction, or completion of the Seventh Amendment Improvements (including any related compliance with law responsibilities under the Lease), to an Expedited Arbitration Proceeding.

SCHEDULE 1 TO EXHIBIT D

LIST OF TENANT DELIVERABLES

1. PRIOR TO START OF CONSTRUCTION OF SEVENTH AMENDMENT IMPROVEMENTS

1.1. Approved and permitted Construction Drawings

1.2. Approved subcontractors list

1.3. Copies of all executed Seventh Amendment Contracts with Contractor

1.4. Construction Schedule

1.5. Copies of Permits for Seventh Amendment Improvements

1.6. Preliminary Budget and the budget with Seventh Amendment Final Costs

2. ONGOING DURING CONSTRUCTION

2.1. Budget and Construction Schedule revisions as they occur

2.2. Change orders as they occur

2.3. Construction Drawings revisions as they occur

2.4. Monthly (or less frequently, as Tenant elects) applications of payment certified by Architect with reciprocal releases when received

2.5. Monthly 4-week look ahead schedule

2.6. Permit sign off card when received

3. PRIOR TO RELEASE OF ANY FUNDS RELATED TO HARD COSTS

3.1. Final Space Plans approved by both parties

3.2. Construction Drawings approved by both parties

3.3. Project budget

3.4. Project schedule

3.5. Pay applications approved by the Architect

3.6 Formal written request from Tenant's representative requesting specific amounts to be disbursed

4. PRIOR TO RELEASE OF SEVENTH AMENDMENT FINAL RETENTION PAYMENT

4.1. Architect's Certificate of Substantial Completion (on the AIA G704 form or such other format approved by Landlord)

4.2. Final Contractor pay application indicating 100% complete, 95% previously paid

4.3. Unconditional mechanic's lien releases from Contractor and all subcontractors in compliance with applicable laws

4.4 Final as-built drawings in PDF (permit stamped) and CAD files (architectural, electrical, mechanical, plumbing, fire sprinkler and fire life safety)

4.5. Physical inspection of the Renewal Premises by Landlord inspection team

4.6. Temporary certificate of occupancy, certificate of occupancy or other equivalent form, when received

4.7 Landlord's Standard Close Out Package:

EXHIBIT E

SIGNAGE