8.1. SR 03-21-2016 - Laserfiche WebLink

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the Proposed Expansion Plans which are not acceptable to Tenant). In the event Tenant disapproves such Proposed Expansion Plans, Landlord shall modify the same, taking into account the reasons given by Tenant for such disapproval, and shall submit the revised Proposed Expansion Plans to Tenant within ten (10) days after receipt of Tenant's initial disapproval. In the event Tenant disapproves of the revised Proposed Expansion Plans, Tenant may proceed pursuant to the terms of Section 26.4. (c) If Tenant approves the Proposed Expansion Plans by written notice thereof to Landlord, the Proposed Expansion Plans, as so approved by Tenant, shall become the "Final Expansion Plans". With Final Expansion Plans, Landlord shall thereafter (i) cause the Expansion Improvements as set forth on the Final Expansion Plans to be competitively bid to at least three (3) licensed and bonded general contractors (the "Competitive Bids"), and (ii) use commercially reasonable efforts to obtain (or cause the general contractor to obtain) approval of the Final Expansion Plans by all governmental authorities having jurisdiction, including any required permits. Promptly following Landlord's receipt of such Competitive Bids, Landlord shall provide copies of the same to Tenant for Tenant's review and approval. In the event Tenant does not approve of the Competitive Bids, Tenant may proceed pursuant to the terms of Section 26.4. (d) If Tenant approves of the Competitive Bids by written notice thereof to Landlord, Landlord and Tenant shall proceed to calculate and determine Monthly Rent for the Expansion Area by using a mutually agreed upon formula based on the then -applicable Monthly Rent under the Lease and the Competitive Bids. If Landlord and Tenant are unable to reach an agreement on the determination of the amount of Monthly Rent that will be payable for the Expansion Area, Tenant may proceed pursuant to the terms of Section 26.4. (e) Subject to the foregoing, if Landlord and Tenant reach an agreement on the determination of the amount of Monthly Rent for the Expansion Area, Landlord shall proceed, following receipt of any and all required approvals and permits and at Landlord's sole cost and expense (except as hereinafter provided), with construction of the Expansion Improvements with reasonable diligence and with at least substantially the same or a comparable quality of materials and workmanship with which the Building was constructed), and otherwise in accordance with this Lease and Applicable Laws. In connection with the construction of the Expansion Improvements, Landlord and its contractors shall use commercially reasonable efforts to undertake such steps as may be practicable to prevent interference with Tenant's use and enjoyment of the Building. Landlord shall pay for any and all costs of the Expansion Improvements, including, without limitation, the Preliminary Expansion Plans, the Proposed Expansion Plans, the Final Expansion Plans and related construction costs, all of which will be used as a basis in determining the amount of Monthly Rent to be payable for the Expansion Area as provided above. (f) The Expansion Improvements shall be deemed to be substantially complete on the date on which the Expansion Improvements are sufficiently completed such that Tenant can take occupancy of the Expansion Area and a certificate of occupancy or any other required governmental approval is issued in connection therewith ("Substantial Completion"). Upon Substantial Completion of the Expansion Area, a representative of Landlord and a representative of Tenant shall together inspect the Expansion Area and generate a punchlist of defective or 42