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EXHIBIT B <br /> Terms and Conditions of Extension Term <br /> 1. Option for Extension. Provided Tenant has not received any notice of default which <br /> remains outstanding and uncured beyond any applicable grace period at the time Tenant <br /> exercises the option to extend this Lease,Tenant shall have the option to extend the term of <br /> this Lease for a maximum of two (2) additional one (1)year periods (each one year, an <br /> "Extension Term"). For clarity,this means that at maximum the Lease could be extended until <br /> December 31, 2023. If Tenant exercises its option to extend the Lease, Tenant shall provide <br /> written notice of the election to Landlord at least ninety(90) days prior to the expiration of the <br /> original Lease term, or Extension Term then in effect, if applicable. Any Extension Term shall be <br /> upon the same terms, covenants and conditions as the original term, except that the Base Rent <br /> shall be$1,545.00 per month in the first Extension Term and $1,591.00 in the second Extension <br /> Term,this increase represents a 3%. <br /> 23 <br />