Unit Leasing Assumptions Suite Commencement Expiration Term (years) Area (sq. ft.) Year 1 Year 2 Year 3 Year 4 Year 5 101 1/1/2016 12/31/2020 5 1,700 Rate Schedule Start 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 End 12/31/2016 12/31/2017 12/31/2018 12/31/2019 $21.50 12/31/2020 $21.50 Calender Year Annual Rent 2017 1700* 2018 2019 2020 2021 Rate/psf $20.00 $39,100.00 $20.00 $20.00 Market Rent Information 2015 2016 2017 2018 2019 2020 Years 1- 3 Years 4-5 $20.00 $21.50 $20.00 $21.50 $20.50 $22.00 $21.00 $22.50 $21.50 $23.00 $21.50 $23.00 Note 2020 Ends Hold Period. Caluculate 2021 but it does not transfer to Income Statement