SITE INFORMATION AND CORRESPONDENCE

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r13 1 E101 3.1 The term of this Lease shall be of the duration set forth in Article 1 hereof and shall commence ("Commencement Date") on the earlier of the followiny: (a) the date Tenant opens for business in the Premises; or (b) The date which is sixty (60) days subsequent to the Cate Landlord's architect certifies to Tenant in writing that the Premises have been substantially completed with respect to Landlord's obligations therefor pursuant to the provisions of Exhibit "C", attached hereto and incorporated herein by this reference, and a certificate of occupancy has been issued by the authority which issued the building permit. 3.2 Tenant is hereby granted the option(s) to extend the Initial Term of this Lease as set forth in Article 1 hereof, by giving to Landlord written notice of its exercise of each such option at least ninety (90) days before the expiration of the Initial Term or preceding extended period, as the case may, be. The extended period(s) shall be upon the same terms, covenants, conditions, provisions ano agreements applicable to the Initial Term except that Tennant shall pay to Landlord the minimum annual rent during such extended periods) as set forth in Article 1. 3.3 Tenant shall have the right, without an obligation to pay rent or other charges, to eater the Premises while Landlord's Work is in progress, in order to inspect the Premises, to make such improvements as Tenant shall have the riyht to make, to install fixtures, . supplies, merchandise and other property. Tenant agrees that it shall riot unreasonably interfere with the progress of Landlord's Work by such entry. No such entry by Tenant shall be deemed an acceptance of the Premises. Tenant's early occupancy of the Premises shall not constitute acceptance thereof. 4. RENTAL 4.1 Tenant covenants and agrees to pay the minimum annual rent set forth in Article 1 hereof, in twelve (12) equal monthly installments, in advance, on the first day of each calendar month during each year of the term of this Lease. if the Commencement Date of the term hereof occurs on a day other than the first day of the month, then the minimum annual rent for the month during which said expiration occurs shall be prorated on the basis of the actual number of days in said month. 5. USE OF PREMISES 5.1 The Premises may be used for an automobile service center or for any other lawful purpose. 6. REMODEL OF PREMISES 6.1 (a) Tenant agrees to remodel the building together with driveways and parking areas (the "Building") on the Premises substantially in accordance with mutually-approved Specs submitted to Landlord by Tenant. Detailed specifications for the building will be approved and initialed by the parties concurrently with the execution of the remodel contract . The remodel of the building shall be performed at Tenant's expense, with the exception of general site aria building trash removal, clean-up an6 general interior and exterior painting to meet Jiffy Lube International, Inc. standards (see Exhibit I%..). Landlord shall make any dedications or grant any easements necessary to obtain all necessary governmental approvals of the Premises during the term of this Lease. (b) the remodel cost upon which the rental is based shall include the usual and ordinary costs of construction as designated by the Plans and Specifications within the limits of construction, as set forth in Exhibit "C" attached hereto, including but not limited to labor and materials; paving for the parking areas and driveways; lot lighting and striping; landscaping and sprinklers where required by local building codes; engineering for: grading plans and coordinating project with governmental authorities; cost for construction supervision; cost for Plans and Specifications; architect's fees; contractor's bond; charges for city and other governmental permits. -2-