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<br />Lessee shall have the right to nullify Lessor's election to terminate by agreeing to pay the uninsured <br />portion of the casualty damage. In the event Lessee elects to exercise such right, Lessee shall deliver such <br />notice to Lessor within thirty (30) days after receipt of Lessor's election to terminate. Upon receipt of <br />such notice from Lessee, Lessor shall proceed to repair the damage as described herein. <br /> <br />(c) Lessee waives any statutory rights of termination that may arise by reason of any partial <br />or total destruction of the Building repaired by Lessor as provided in this Lease. <br /> <br />(d) Lessor shall have no obligation to repair any additions, alterations, or improvements <br />installed by or for Lessee after the commencement of this Lease, except to the extent insurance proceeds <br />are available for that purpose because of additional coverage obtained for such additions, alterations or <br />improvements. Lessee agrees at Lessee's expense, except to such extent insurance proceeds are so <br />available, to restore, repair, or replace all such additions, alterations or improvements installed by or for <br />Lessee after the commencement ofthis Lease. <br /> <br />(e) Lessee agrees that during any period of reconstruction or repair of the Building, Lessee <br />shall continue, to the extent practicable, the operation of Lessee's business within the Building. <br /> <br />Section 4.08. Termination of Rent Obligation. Upon any termination of this Lease under the <br />provisions of this Article, all Basic Rent and Additional Rent shall be adjusted as of the date of such <br />termination, and each party shall be released thereby without further obligation to the other party <br />coincident with the surrender of possession of the Project to Lessor, except for items which have accrued <br />prior to such termination and are then unpaid. <br /> <br />Section 4.09. Assignment and Subletting. Lessee may not assigo or transfer its interest in this <br />Lease in any form without the prior written consent of Lessor. <br /> <br />(The remainder of this page is intentionally left blank.) <br /> <br />16 <br />