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vii. Lessee agrees that in the event there is any interference with Lessor's transmitters and/or <br /> receivers or in the event there is any interference with the transmitters and/or receivers of other lessees <br /> established at the Site prior to the date of this Lease,caused by Lessee's transmitter(s)and/or receiver(s), <br /> which is not remedied by Lessee within seventy-two(72)hours of verbal notification by Lessor,the Lessee <br /> agrees to cease using the equipment which is creating the interference (except for short tests necessary <br /> for the elimination of the interference) until the interference is eliminated. Provided, however, <br /> notwithstanding any language herein, Lessee agrees that in the event that Lessee's wireless <br /> communications facility, installation or equipment causes any interference with a public safety <br /> communications system(s) whether said system is existing, planned or yet to be constructed that is not <br /> remedied by Lessee within six(6)hours of verbal notification by the public safety communications system, <br /> Lessee agrees to cease using the facility or equipment which is creating the interference(except for short <br /> tests for the elimination of the interference when authorized by the public safety communications system) <br /> until the interference is eliminated to a standard and manner acceptable to the public safety <br /> communications system. <br /> 4. RENT: On the first day of each and every calendar month commencing on the first day of <br /> the first calendar month of the Initial Term, Lessee shall pay to the Lessor rent as follows: <br /> The Lessee shall pay rent to the Lessor at the monthly rate of SIX THOUSAND and no/100 <br /> DOLLARS ($6,000) ("Rental Fee") in U.S. Dollars, or Lessee may choose to pay said rent in advance on an <br /> annual or semi-annual basis. <br /> ii. Said rent shall increase on September 1,2021,and each September 15t of each subsequent <br /> year of the term thereof by an amount not to exceed five percent(5%)of the Rental Fee in effect for the <br /> previous year. <br /> iii. Such rent shall be paid as and when due to City of Everett, as designated in this Lease, or <br /> at such other address which the Lessor designates by written notice to Lessee. <br /> iv. Rent shall not include electricity. Lessee shall have a separate meter (or submeter if <br /> allowed by Site owner or operator)to measure Lessee's electric consumption and Lessee shall pay directly <br /> to the public utility company for any electricity used by Lessee's equipment(or if submetering is allowed, <br /> then Lessee shall pay Lessor for any electricity used by Lessee's equipment and Lessor shall pay the public <br /> utility company for the electric consumption at the Site). <br /> 5. OPTION TO EXTEND: Lessee is hereby given the option to extend the term of this Lease <br /> in accordance with all of the provisions contained in this Lease except rental,for five(5)one(1)year terms <br /> (the "Option Term(s)"), by giving written notice of exercise of the option ("Option Notice")to Lessor sixty <br /> (60) days or more prior to expiration of each Term or Option Term, as applicable. Failure to provide the <br /> required Option Notice for the first Option Term shall result in the termination of this Lease upon the <br /> expiration date of this initial term or in the case of failure to provide the Option Notice for a later Option <br /> Term, then this Lease shall terminate at the end of the then current Option. In order to be effective, an <br /> Option Notice must, unless waived in writing by the City's Real Property Manager or designee, be <br /> accompanied by an updated Certificate of Insurance showing that the coverages required under this Lease <br /> will be in force for the duration of the Option Term exercised by the Option Notice. <br /> The Rental fee during each Option Term shall be negotiated between the parties and evidenced <br /> in an addendum to this Lease. If the parties are unable to agree on the monthly rent for the extended <br /> term within thirty (30) days of the Option Notice date, then within thirty (30) days after giving of the <br /> Page 3 of 16 <br />