Common use of Option to Clause in Contracts

Option to. Terminate This Lease Lessee is hereby granted the one-time option to terminate this Lease effective December 31, 1999, by giving the lessor not less than 90 days' prior written notice, said notice to be accompanied by a payment of $100,000.00 which, should said option to terminate be exercised, constitutes the consideration for the early termination of this Lease. DATED this _____ day of _________,1998. CROWN WE REALTY, L.L.C. By: _____________________ By: ________________________ Title: President Title: President STATE OF WASHINGTON )ss. County of Spokane On this day personally appeared before me RI▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, and on oath stated that he was authorized to execute the instrument and acknowledged it as the President of CROWN WEST REALTY,, L.L.C.; to be the free and voluntary act of such party for the uses and purposes therein mentioned. GIVEN under my hand and official seal this ______ day of ________________.

Option to. Terminate This Lease Lessee is hereby granted the one-time option to terminate this Lease effective December 31, 1999, by giving the lessor not less than 90 days' prior written notice, said notice to be accompanied by a payment of $100,000.00 which, should said option to terminate be exercised, constitutes the consideration for the early termination of this Lease. DATED this _____ day of _________,1998. CROWN WE REALTY, L.L.C. By: _____________________ By: ________________________ --------------------------------- ------------------------------------ Title: President Title: President STATE OF WASHINGTON )) ss. County of Spokane On this day personally appeared before me RI▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇RICHARD D. ROLLNICK, and on oath stated that he was authorized to execute the instrument ex▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇t and acknowledged it as the President of CROWN WEST REALTY,, L.L.C.; to be the free and voluntary act of such party for the uses and purposes therein mentioned. GIVEN under my hand and official seal this ______ day of ________________.