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2. Term. Tenant shall have the right to use the Leased Premises for communication purposes upon payment of rent upon Tenant's exercise of its Option pursuant to Subparagraph 0(c). The initial term ( "Initial Term ") of this Lease shall be five (5) years plus the initial partial month, if any, commencing upon Tenant's exercise of its Option pursuant to Subparagraph 0(c) ( "Commencement Date "), and terminating at Midnight on the last day of the month that contains the fifth annual anniversary of the Commencement Date. Tenant shall have the right to extend this Lease for five additional five -year terms, subject to all of the terms and conditions of this Lease. This Lease shall automatically be renewed for each successive renewal term unless Tenant notifies Landlord of Tenant's intention not to renew the Lease at least thirty days prior to expiration of the term of any original or renewal term. 3. Rent. (a). Upon the Commencement Date, Tenant shall pay Landlord, as rent, the sum of One Thousand Six Hundred Eighty Seven and 09/100 Dollars ($1,687.09) per month ( "Rent "). The first payment of Rent shall be due within twenty (20) days following the Commencement Date and shall be prorated based on the number of days remaining in the month containing the Commencement Date, and thereafter Rent shall be payable on the first day of each month in advance to the city of Little Canada at the address specified in Paragraph 12. During the Initial Term and any Renewal Terms, monthly Rent shall be adjusted, effective on the first day of the month beginning after each anniversary of the Commencement Date, to an amount equal to one hundred four percent (104 %) of the monthly Rent in effect immediately prior to the adjustment date. (b). If this Lease is terminated at a time other than on the last day of a month, Rent shall be prorated as of the date of termination, and, in the event of termination for any reason other than nonpayment of Rent, all prepaid Rents shall be refunded to Tenant. 4. Use. Tenant may use the Leased Premises for the installation, operation and maintenance of facilities for the transmission and reception of radio communication signals in such frequencies as may be assigned to Tenant by the Federal Communications Commission ( "FCC ") and for the storage of related equipment in accordance with the provisions of this Lease. Tenant shall use the Leased Premises in compliance with all federal, state and local laws and regulations. If for any reason Tenant's use of the Leased Premises fails to comply with any federal, state or local law and Tenant fails to bring its use within compliance within thirty days of written notice of such noncompliance, this Lease shall be terminated as provided herein, unless sooner authorized by such law. Landlord agrees to reasonably cooperate with Tenant in obtaining, at Tenant's expense, all licenses and permits required for Tenant's use of the Leased Premises. 5. Installation of Improvements, Access, Utilities. (a). Tenant shall have the right, at its sole cost and expense, to install, operate and maintain on the leased portions of the Tower described in Exhibit B attached hereto, all of the equipment, personal property and facilities described in Exhibit D attached hereto, which facilities include radio transmitting and receiving antennas (the "Antenna Facilities "). Tenant's installation of all such equipment, personal property and facilities shall be done according to plans approved by the Landlord, and no equipment or property shall be subsequently moved without Landlord's approval. Prior to the start of construction Tenant shall provide Landlord an escrow deposit of Two Thousand and no /100 Dollars ($2,000.00) to pay for construction over- sight by a qualified professional retained by the Landlord. Any unused amount of this escrow fund shall be returned to Tenant within 30 da s of final a...roval of the installation of the Antenna Facilities. The Antenna Facilities shall remain the exclusive property of Tenant, subject to the provisions of Paragraph 7 of this Lease.