Landlord Release Form

LANDLORD RELEASE FORM

This Landlord Release Form (the "Release") is entered into between the parties identified below for the purpose of releasing certain obligations and claims relating to the Lease described herein. By executing this Release, Landlord and Tenant agree to the terms and conditions set forth in this document.

Property Identification

Parties

Lease Reference and Termination

Original Lease Date:

Effective Termination Date of Lease (the "Termination Date"):

Release Terms

Consideration: Landlord agrees that in consideration of Tenant's compliance with the conditions set forth in this Release, Landlord hereby releases Tenant from the Tenant's future obligations under the Lease accruing after the Termination Date, subject to the exceptions and conditions set forth below.

Scope of Release (select applicable): Full release of all future rent and performance obligations Conditional release upon Tenant's performance of conditions listed in this Release Limited release for specified obligations only (describe below)

Security Deposit and Financial Accounting

Security Deposit Amount Held by Landlord: $

Final Accounting and Disposition (select applicable): Refund full deposit to Tenant Setoff for damages and/or unpaid rent Other (describe below)

Amount to be Returned to Tenant: $     Date Due for Refund:

Conditions Precedent & Possession

Tenant represents and warrants that, as a condition precedent to this Release, Tenant will:

• Vacate and surrender possession of the Premises on or before the Termination Date;
• Return all keys, access cards and remote controls to Landlord;
• Complete move-out cleaning and repairs as required by the Lease; and
• Provide a forwarding address to Landlord in writing:

If Tenant fails to satisfy the conditions precedent, Landlord's release obligations under this Release shall be null and void, and Landlord retains all rights and remedies under the Lease and at law.

Disclosures (Property Condition)

Lead-Based Paint Present? Yes No

Mold or Water Intrusion Known? Yes No

Prior Material Damage to Property? Yes No

Representations, Warranties and Indemnity

Each party represents and warrants that it has full authority to enter into this Release and that the person signing on its behalf is duly authorized. Tenant warrants that all statements in this Release are true and correct to the best of Tenant's knowledge. Tenant agrees to indemnify and hold Landlord harmless from any claims arising from Tenant's failure to vacate or Tenant's breach of any post-termination obligation described herein.

Release and Exceptions

Except as expressly provided in this Release, Landlord releases Tenant from liability for obligations under the Lease arising after the Termination Date. This Release does not affect Tenant's liability for:

• Obligations accruing prior to the Termination Date;
• Liability for willful damage or fraud;
• Obligations expressly reserved by Landlord in writing in this Release.

Default, Remedies and Survival

If either party breaches this Release, the non-breaching party may pursue all available remedies at law or in equity. Provisions reasonably necessary to effectuate the intent of this Release, including indemnities and obligations to pay amounts due, shall survive termination of the Lease and this Release as expressly stated herein.

Governing Law; Entire Agreement

This Release shall be governed by the laws of the state in which the Property is located. This Release constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral.

Additional Provisions

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