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<br />defined below) exceed Tenant's"gross sales':for~"the ie~e YearendiIlg}~~~~~~;
<br />30, 2019,Tenant shall pay to Landlord as additional rentalan arTIOUIit equa!;'ta"r;,
<br />one percerit of gross sales e.xceeding Tenan(s gr6ss:s~i1.~s-Jd~:'thelease:y~t;;
<br />ending June 3D, 2019 (the "minimum basis of sales fof perc~ntaig;T~ntj:;~:Th'~
<br />additional rental set' forth in the preceding paragraph shall be pmd 'on b;:b~dre
<br />September 1St of each' lease year, beginning with SeptemberJ,..2020~j:oFHi"
<br />purposes of this lease, a ".1ease. year~ is each ~sticcessive:penod:of:*~If
<br />consecUtive calendar" months beginning July 1~.2018":, TenantshaI4i:oMo
<br />before September 1st of each lease yearor Iesserperlod after Juh~::30;;;ioi'"
<br />deliver,toLandlord a statement signed ,by an ,officer of,Teriarrtcer!uyinitJ1".};
<br />· true amoumoI gross sales for the preceding leaSe year' or lesser::perio<t'i~~:nle~'
<br />. term "les" s.er period" as used in this leaSe means any.' p'eriodb'eiimmiiori1~j'.
<br />first day"'of any lease year arid endirig.,:by ,reascm':of .th~irterinll1ation~~'&'"
<br />,~ira~~#"e[,tlft~.,I~~p,~(f)~the~,~~~cp,(~.~~~;l~~~~.:~}~t~]~?~i~~
<br />. than lZ'monthsis required to be inCllided, irCariY'stafemenfor'~<ssisaIes;
<br />.... the IniIiliniim'baSis of Saies "'appIicible"'to:~~"th'ij~:',~Od~~'~~r
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<br />propo~Onat~JY decreas~~ .' .... ",,::~':',",.~1~~~~j
<br />Shouldthe~Tenant at any time elect todisci:mtinueJhe':opeiifioi{of:~;'sf
<br />the Tenfult'~shaiI we to the llrtdlord notice'in 'Writing:OfiiS:1riieniiOrl~t~t(
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<br />and in such event the Landlord shall have one opti6~ t6be'exerci~elbY;noti ~'
<br />in writing given to the Tenant within ninety (90) days after the' dateo(rnatiingi;:,:i.j.t~?\~iS
<br />of the Tenant's aforesaid notice to the Landlord. to cancel and termiriate~this-~.'Ct~~,i;~,;:::
<br />lease. . If the Landlord exercises its said option,thisJease,:shaIFCaIicel.r~""
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<br />'Shouldtbe'Landlord fail to eXercise its saidoptionaiicfshoul.d,g~~f~~J:?j,_
<br />. . time , thefeatter discontinue 'the operatioilof its ~aidStdre 'thextaria"m;any.;suc"
<br />;: even(, ariYtllli~giri' this .lek;e to the'~c6ntrary<n()tWi~cilii~./it~is~]i~b' ,
<br />'.' mutualiyagreed that L'lerentwhich Tenant shal1payto.the Lan~rohidUl:ii1gjl1e]f~1[
<br />remainder of the term of this lease ~h~lI be therent"rciore' pariiculcirly~ s~tJo~1:~;
<br />in saidArtic1e 3. and if the lease has been extended byexercismfariy;ofthe~r'
<br />. '.. renewal optIons. then thetenns and conditions of Article 4 willbe,:o~n() ftI~e;;,~\
<br />force arid effect_ In the event that Kmart has sub'leaSed' all or,apohion:o(the:~'
<br />. premises~ Article 4 \"ilI remain in effect uSIng gross sales figtires'obtafuedfrorrt
<br />. said stibleasedpremiseS.Upon the discontinuance of theopera1icn'o(.saI,d
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<br />.' ; store; all: of the covenants and provisions co~tained in the~ precedingParagra' h
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