{"id":24021,"date":"2026-03-03T14:04:11","date_gmt":"2026-03-03T14:04:11","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/24021\/"},"modified":"2026-03-03T14:04:11","modified_gmt":"2026-03-03T14:04:11","slug":"sealsq-signs-10-year-geneva-hq-lease-laes-sec-filing","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/24021\/","title":{"rendered":"SEALSQ signs 10-year Geneva HQ lease | LAES SEC Filing"},"content":{"rendered":"<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Indicate by check mark whether the registrant<br \/>\nfiles or will file annual reports under cover of Form 20-F or Form 40-F:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">SEALSQ Corp (&#8220;SEALSQ&#8221; or the &#8220;Company&#8221;)<br \/>\nannounced that the Company and WISeKey SA (collectively, the &#8220;Tenants&#8221;), acting jointly and severally, entered into a commercial<br \/>\nlease agreement on January 29, 2026 (the &#8220;Lease&#8221;) with Swiss Life AG (the &#8220;Landlord&#8221;) for new headquarters office<br \/>\nspace located at Esplanade de Pont-Rouge 4-6, 1212 Grand-Lancy, Geneva, Switzerland. The Company expects to relocate its headquarters<br \/>\nto the new premises in August 2026.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">The leased premises consists of approximately<br \/>\n1,545 square meters of office space. The Lease has a ten-year term commencing August 1, 2026 and expiring July 31, 2036, with a five-year<br \/>\nrenewal option exercisable upon notice to the Landlord by July 31, 2035. The Tenants have a one-time early termination right exercisable<br \/>\non July 31, 2031, upon 12 months&#8217; prior notice and payment of a CHF 386,250.00 indemnity.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">Total annual gross rent, including ancillary costs<br \/>\nand VAT, is approximately CHF 1,015,383.30, subject to 100% indexation to the Swiss Consumer Price Index. The Landlord has granted the<br \/>\nTenants a six-month rent-free period and a one-time tenant improvement contribution of CHF 386,250.00.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify\">The foregoing summary of the Lease does not purport<br \/>\nto be complete and is qualified in its entirety by reference to the full text of the Lease, a copy of the English translated version is<br \/>\nfiled as Exhibit 99.1 to this Report on Form 6-K.<\/p>\n<p style=\"text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The information contained in this Report on Form 6-K\u00a0is hereby<br \/>\nincorporated by reference into the registration statement on Form F-3 of the Company (File No. 333-290963), as amended, and the registration<br \/>\nstatement on Form S-8 of the Company (File No. 333-287139), and into the base prospectus and\u00a0any prospectus supplement outstanding<br \/>\nunder each of the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished<br \/>\nby the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0.5in\">Pursuant to the requirements of<br \/>\nthe Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto<br \/>\nduly authorized.<\/p>\n<p style=\"margin: 0\">\u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<\/p>\n<p style=\"font: 24pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt\">Livit<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: left\">Real Estate Management<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Rental lease for commercial premises<br \/>\n    Start of rental:<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">Reference<br \/>\nNumber:\t\t<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">8012.01.0801.03<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">01.08.2026<\/p>\n<p style=\"margin-top: 0; margin-bottom: 0\">\u00a0<\/p>\n<p>  1\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\n  Landlord \/ Owner<br \/>\n  CHE-116.286.759 VAT<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Swiss Life AG<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">General Guisan-Quai 40<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">8002 Z\u00fcrich<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">2\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRepresented by<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Livit AG<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Real Estate Management<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Rue de Lausanne 20 bis<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">1201 Geneva<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">3\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nTenant<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p>    locat. 1\tVAT\u00a0100575013:\u00a0CHE-462.993.838\u00a0VAT<br \/>\n    locat. 2<br \/>\n    100575014<br \/>\n    VAT: CHE-101.022.134 VAT<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    SEALSQ Corp, Torola (BVI)<br \/>\n    WISeKey SA<\/p>\n<p>    Meyrin branch<br \/>\n    Avenue Louis-Casa\u00ef 58<\/p>\n<p>    Avenue Louis-Casa\u00ef 58<br \/>\n    1216 Cointrin<\/p>\n<p>    1216 Cointrin<br \/>\n    \u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenants act jointly and severally with each other.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">4\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nBuilding<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Esplanade de Pont-Rouge 4-6, 1212 Grand-Lancy<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">5\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nTable of Contents<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p>    1<br \/>\n    Landlord \/ Owner<br \/>\n    1<\/p>\n<p>    2<br \/>\n    Represented by<br \/>\n    1<\/p>\n<p>    3<br \/>\n    Tenant<br \/>\n    \u00a0<br \/>\n    1<\/p>\n<p>    4<br \/>\n    Building<br \/>\n    \u00a0<br \/>\n    1<\/p>\n<p>    5<br \/>\n    Table of Contents<br \/>\n    2<\/p>\n<p>    6<br \/>\n    Rental Start\/Rental Duration<br \/>\n    3<\/p>\n<p>    7<br \/>\n    Termination<br \/>\n    \u00a0<br \/>\n    3<\/p>\n<p>    \u00a0<br \/>\n    7.1<br \/>\n    Tenant&#8217;s right of early termination<br \/>\n    3<\/p>\n<p>    8<br \/>\n    Rental Properties \/ Rent \/ Destination \/ Utilities<br \/>\n    4<\/p>\n<p>    \u00a0<br \/>\n    8.1<br \/>\n    Rental property \/ Rent<br \/>\n    4<\/p>\n<p>    \u00a0<br \/>\n    8.2<br \/>\n    Calculation of Business Interest<br \/>\n    5<\/p>\n<p>    \u00a0<br \/>\n    8.3<br \/>\n    Measurements of leased areas and differences in surface area<br \/>\n    5<\/p>\n<p>    \u00a0<br \/>\n    8.4<br \/>\n    Rent Basics<br \/>\n    5<\/p>\n<p>    \u00a0<br \/>\n    8.5<br \/>\n    Common Areas and Areas<br \/>\n    5<\/p>\n<p>    \u00a0<br \/>\n    8.6<br \/>\n    Assignment of premises and use \/ Obligations \/ Ancillary premises<br \/>\n    5<\/p>\n<p>    \u00a0<br \/>\n    8.7<br \/>\n    Charges &#8211; ancillary costs<br \/>\n    6<\/p>\n<p>    \u00a0<br \/>\n    8.8<br \/>\n    Expense Accounting<br \/>\n    7<\/p>\n<p>    \u00a0<br \/>\n    8.9<br \/>\n    Services, Charges, Taxes and Charges for Business Activities<br \/>\n    7<\/p>\n<p>    \u00a0<br \/>\n    8.10<br \/>\n    Payment transaction fees<br \/>\n    7<\/p>\n<p>    9<br \/>\n    Rent adjustment<br \/>\n    8<\/p>\n<p>    10<br \/>\n    Value Added Tax (VAT)<br \/>\n    8<\/p>\n<p>    11<br \/>\n    Option<br \/>\n    \u00a0<br \/>\n    9<\/p>\n<p>    12<br \/>\n    Security<br \/>\n    \u00a0<br \/>\n    9<\/p>\n<p>    13<br \/>\n    State of Play<br \/>\n    \u00a0<br \/>\n    9<\/p>\n<p>    14<br \/>\n    Keys<br \/>\n    \u00a0<br \/>\n    10<\/p>\n<p>    15<br \/>\n    Developments \/ Demolitions \/ Legal hypothecs of craftsmen and contractors<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    15.1<br \/>\n    Developments carried out by the lessor<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    15.1.1.<br \/>\n    Improvements made by the landlord \/ Basic developments<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    15.2<br \/>\n    Fittings made by the tenant<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    15.2.1.<br \/>\n    Fittings made by the tenant &#8211; Concept<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    15.2.2.<br \/>\n    Fittings carried out by the tenant &#8211; Obligation to apply for a permit<br \/>\n    10<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    15.2.3.<br \/>\n    Carrying out development work by the tenant and taking into account the interests of the tenant<br \/>\n    11<\/p>\n<p>    \u00a0<br \/>\n    15.3<br \/>\n    Demolitions<br \/>\n    11<\/p>\n<p>    \u00a0<br \/>\n    15.4<br \/>\n    Legal hypothec of craftsmen and contractors<br \/>\n    11<\/p>\n<p>    \u00a0<br \/>\n    15.5<br \/>\n    Periodic Inspection of Electrical Installations and Safety Reporting (ITTO)<br \/>\n    12<\/p>\n<p>    16<br \/>\n    Maintenance obligation<br \/>\n    12<\/p>\n<p>    \u00a0<br \/>\n    16.1<br \/>\n    Landlord&#8217;s maintenance obligation<br \/>\n    12<\/p>\n<p>    \u00a0<br \/>\n    16.2<br \/>\n    Tenant&#8217;s maintenance obligation<br \/>\n    12<\/p>\n<p>    \u00a0<br \/>\n    16.3<br \/>\n    Supplementary agreement<br \/>\n    12<\/p>\n<p>    17<br \/>\n    Use of rental items\/ Shelters\/ Receipt and delivery of goods\/ Waste<br \/>\n    13<\/p>\n<p>    \u00a0<br \/>\n    17.1<br \/>\n    Use of rental properties<br \/>\n    13<\/p>\n<p>    \u00a0<br \/>\n    17.2<br \/>\n    Cleaning during the term of the lease<br \/>\n    13<\/p>\n<p>    \u00a0<br \/>\n    17.3<br \/>\n    Shelters<br \/>\n    13<\/p>\n<p>    \u00a0<br \/>\n    17.4<br \/>\n    Receiving and Shipping Goods<br \/>\n    13<\/p>\n<p>    \u00a0<br \/>\n    17.5<br \/>\n    Waste<br \/>\n    14<\/p>\n<p>    \u00a0<br \/>\n    17.6<br \/>\n    Emergency Stairs<br \/>\n    14<\/p>\n<p>    18<br \/>\n    Sign \/ Advertising \/ Illuminated Inscription<br \/>\n    14<\/p>\n<p>    19<br \/>\n    18 Subletting<br \/>\n    14<\/p>\n<p>    20<br \/>\n    Transfer<br \/>\n    14<\/p>\n<p>    21<br \/>\n    Right of access, access<br \/>\n    14<\/p>\n<p>    22<br \/>\n    Insurance \/ Risk<br \/>\n    15<\/p>\n<p>    \u00a0<br \/>\n    22.1<br \/>\n    Amount of Liability Insurance Coverage<br \/>\n    15<\/p>\n<p>    23<br \/>\n    Return of premises and damage report<br \/>\n    15<\/p>\n<p>    24<br \/>\n    Permissions<br \/>\n    \u00a0<br \/>\n    15<\/p>\n<p>    25<br \/>\n    Documents digitized by Livit<br \/>\n    16<\/p>\n<p>    26<br \/>\n    Durability<br \/>\n    \u00a0<br \/>\n    16<\/p>\n<p>    27<br \/>\n    Data protection<br \/>\n    17<\/p>\n<p>    28<br \/>\n    Special agreements<br \/>\n    18<\/p>\n<p>    29<br \/>\n    Prorogation of jurisdiction<br \/>\n    18<\/p>\n<p>    30<br \/>\n    Place of residence<br \/>\n    18<\/p>\n<p>    31<br \/>\n    Plans<br \/>\n    18<\/p>\n<p>    32<br \/>\n    Appendices<br \/>\n    18<\/p>\n<p>    33<br \/>\n    Date \/ Signatures<br \/>\n    19<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">6\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRental Start\/Rental Duration<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p>  The rental starts on:<br \/>\n  01.08.2026<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">7\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nTermination<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In accordance with the provisions of Article 255, paragraph 2 of the<br \/>\nCO, the lease is concluded for a single, fixed and fixed term due on 31.07.2036. As the contract ends at the end of the agreed term, neither<br \/>\nparty shall notify the Termination.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Any right of option granted to the lessee remains reversed.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">7.1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nTenant&#8217;s right of early termination<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">By way of derogation from the &#8220;Termination&#8221; article, the<br \/>\nparties agree on a unilateral right of termination by the tenant:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>  Next possible termination by the tenant:<br \/>\n  31.07.2031<\/p>\n<p>  Notice of Termination:<br \/>\n  12 months<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant is granted a one-off early termination right on 31.07.2031,<br \/>\ni.e. before the next term of the lease. If the tenant wishes to use it, he must send the landlord his termination by registered mail with<br \/>\n12 months&#8217; notice.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It is also agreed between the parties that if the tenant uses the early<br \/>\ntermination option, he will have to pay to the landlord a lump sum indemnity. The latter will amount to CHF 386,250.00 including VAT.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to pay it within 30 days of their written termination.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRental Properties \/ Rent \/ Destination \/ Utilities<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRental property \/ Rent<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p>    Object \/ No.<br \/>\n    Floor<br \/>\n    No. Reference<br \/>\n    approx. m2<br \/>\n    Annual rent \/ CHF<br \/>\n    Monthly rent \/ CHF<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Office area<br \/>\n    8th floor<br \/>\n    8012.01.0801.03<br \/>\n    1&#8217;545,00<br \/>\n    772&#8217;500,00<br \/>\n    64&#8217;375,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Secondary repository<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">2312<\/p>\n<p>    3rd basement<br \/>\n    8012.01.2312.04<br \/>\n    48,00<br \/>\n    7&#8217;200,00<br \/>\n    600,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 150<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2207.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.3pt\">No. 191<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2248.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 192<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2249.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 193<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2250.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 194<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2251.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 368<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2254.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">n\u00ba369<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2255.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">n\u00ba370<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2256.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">n\u00ba371<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2257.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">n\u00ba371A<\/p>\n<p>    2nd basement<br \/>\n    8012.02.2364.03<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 403<\/p>\n<p>    3rd basement<br \/>\n    8012.03.2302.02<br \/>\n    0,00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">Parking space<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2.5pt\">No. 404<\/p>\n<p>    3rd basement<br \/>\n    8012.03.2303.01<br \/>\n    0.00<br \/>\n    3&#8217;000,00<br \/>\n    250,00<\/p>\n<p>    \u00a0<\/p>\n<p>    Total net rent<br \/>\n    815&#8217;700,00<br \/>\n    67&#8217;975,00<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Hot water and heating deposit<br \/>\n    61&#8217;800,00<br \/>\n    5&#8217;150,00<\/p>\n<p>    Advance payment for ancillary costs<br \/>\n    61&#8217;800,00<br \/>\n    5&#8217;150,00<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    VAT 8.1%<br \/>\n    76&#8217;083,30<br \/>\n    6&#8217;340,30<\/p>\n<p>    Total gross rent incl. VAT<br \/>\n    1&#8217;015&#8217;383,30<br \/>\n    84&#8217;615,30<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant is also entitled to 6 motorcycle parking spaces free of<br \/>\ncharge and at the landlord\u2019s discretion.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The rent is payable on the 1st day of the month (due date). In case<br \/>\nof delay, a penalty rate of 5% will be applied to calculate late payment interest.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord may invoice the tenant for all expenses incurred by late<br \/>\npayments.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The lease contract is equivalent to an acknowledgement of debt within<br \/>\nthe meaning of art. 82 of Federal Law on Debt Collection and Bankruptcy.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Any change in the VAT rate allows the landlord to adjust the rent accordingly<br \/>\nfor the term the entry into force of the new rate.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The areas mentioned are indicative values and may differ from the actual<br \/>\nareas. Any eventuality difference has no impact on the applicable rent and the keys for the distribution of charges.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nCalculation of Business Interest<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">For the calculation of the monthly rent, the calculation of commercial<br \/>\ninterest is applied, according to which each month has in principle 30 days.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the parties agree on an early return of the rented property or a<br \/>\nstart of the rent mid-month outside the agreed term, the rent due for the month concerned (including February) shall amount to one half<br \/>\nof the monthly rent.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.3\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nMeasurements of leased areas and differences in surface area<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The areas indicated in this contractual document are only approximate<br \/>\nand do not commit the parties to the ties. If the exact surface areas of the rental property constitute an essential contractual basis<br \/>\nfor the tenant, the tenant is required to carry out its own measurements before signing the lease and to inform the landlord of any deviations.<br \/>\nIf the tenant does not do so, he is expressing that any deviations from the exact surface areas of the leased object or parts thereof<br \/>\nare not of substantial importance to him and that he waives the right to demand a adjustment of the rent (both at the time of conclusion<br \/>\nof the lease and in the future).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.4\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRent Basics<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p>    Mortgage interest rate:<br \/>\n    \u00a0<br \/>\n    to<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Swiss Consumer Price Index:<br \/>\n    Base year 2020<br \/>\n    to<br \/>\n    31.07.2026<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Unknown to date<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">points<\/p>\n<p>    Cost increase taken into account:<br \/>\n    \u00a0<br \/>\n    until<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord may adjust the rent in accordance<br \/>\nwith the legal provisions, in particular in the case of additional services within the meaning of Art. 269a litt b CO and art.<br \/>\n14 of the Ordinance on rental leases and farm leases for residential and commercial premises.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.5\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nCommon Areas and Areas<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">This lease does not confer any right of use over the surfaces and common<br \/>\nareas of the building.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.6\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nAssignment of premises and use \/ Obligations \/ Ancillary premises<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The purpose of the lease leased to the tenant is exclusively intended<br \/>\nfor the use of office space.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes not to use the rented object for any use other<br \/>\nthan that which is contractually provided for (office surface). Each modification requires the written consent of the landlord, which<br \/>\nmust be requested in advance.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant confirms that he has visited the rental property before<br \/>\nsigning the lease and\/or that he has checked by other means that it is fully and unconditionally fit for purpose.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The following spaces made available at the landlord\u2019s discretion,<br \/>\nare intended for exclusive and free use, and may be reclaimed by the landlord at any time without prior notice or compensation:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">6 parking spaces for motorcycles.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The following areas\/facilities may be used jointly: None<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nCharges &#8211; ancillary costs<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The costs of heating and hot water preparation are considered and calculated<br \/>\nin accordance with the provisions of the Federal Code of Obligations (CO, Articles 257a and b) and the Ordinance on Rental and Farm Leases<br \/>\nof dwellings and commercial premises (ORFL, articles 4 et seq.).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Some ancillary and operating costs are not covered by the net rent.<br \/>\nThus, the parties agree that The related advance payment must bear the following expenses and charges:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">HVAC fees, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Contract premiums and operating and maintenance costs of HVAC Facilities, including net preventive cleaning of pipes, ducts, extraction<br \/>\ndevices, impulse devices and consumables (e.g. filters, specific products).<\/p>\n<p>\u00b7Costs of production, storage and distribution of cooling energy to an external service provider and as prescribed by the Regulation<br \/>\nimplementing the Energy Act (REn).<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Water and sewage charges, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Water consumption for internal and external common areas and facilities<\/p>\n<p>\u00b7Water Softener Maintenance &amp; Salt Supply<\/p>\n<p>\u00b7Fire water system maintenance and consumption<\/p>\n<p>\u00b7Maintenance and flushing costs for pipes and manholes<\/p>\n<p>\u00b7Maintenance of water collectors and lifting pumps for clear and waste-water<\/p>\n<p>\u00b7Hydraulic maintenance costs and electrical energy of the sprinkler network, valves, valves, pumps, sensors<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Cleaning costs, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Cleaning and maintenance of internal and external common areas and facilities, gardens and terraces<\/p>\n<p>\u00b7Cleaning and maintenance of access roads<\/p>\n<p>\u00b7Cleaning of interior\/exterior glazing Cleaning of blinds and facades Cleaning of pits and pumps<\/p>\n<p>\u00b7Snow evacuation and ice from exteriors<\/p>\n<p>\u00b7Cleaning and maintenance of the unloading dock and delivery ramps<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Janitorial fees, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Installation, maintenance and operating costs for the reception of visitors to the building<\/p>\n<p>\u00b7Personnel costs and operating resources<\/p>\n<p>\u00b7Operating and service costs for watering<\/p>\n<p>\u00b7Maintenance costs for internal and external locking systems<\/p>\n<p>\u00b7Costs of surveillance and internal and external security of the building<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Maintenance and operating costs of the building&#8217;s internal and external<br \/>\nsignage<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Collection, compression, treatment and disposal of garbage and all types of waste<\/p>\n<p>\u00b7Depreciation of janitorial machines used jointly<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Common facilities and equipment, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Lighting of internal and external common areas and facilities, stairs, emergency exits, car parks<\/p>\n<p>\u00b7Electricity costs for technical and safety equipment for use in the building&#8217;s common areas<\/p>\n<p>\u00b7Facility Maintenance, Fire Detection, Sprinkler Extinguishing, Access Control, Video Surveillance, Installations internal telephone<br \/>\nsystems, monitoring and transmission of alarms, centralised technical management, evacuation equipment, CO detection, parking lot and<br \/>\nany firefighting equipment<\/p>\n<p>\u00b7Electricity costs and maintenance costs for automatic doors (pedestrians, parking, firebreaks)<\/p>\n<p>\u00b7Electricity costs and maintenance costs of illuminated signs on roofs and\/or facades and signage Visitor Orientation<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Transportation facilities including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Operating and maintenance costs for lifts and goods lifts<\/p>\n<p>\u00b7Operating and maintenance costs of roof platforms<\/p>\n<p>\u00b7Maintenance costs for the parking management and access equipment<\/p>\n<p>\u00b7Maintenance costs and disposal of grease traps from the car park<\/p>\n<p>\u00b7Operating costs of delivery areas and parking spaces for customers and staff<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Taxes and administrative fees, including:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Tax for water pipes, sewage treatment and disposal<\/p>\n<p>\u00b7Radio and television licence fee<\/p>\n<p>\u00b7Fees for the reading of consumption<\/p>\n<p>\u00b7Fees for the calculation of heating, operating and ancillary costs (4% of the amount of the account excluding VAT)<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Annual deadline for the closing of the statement of ancillary expenses:<br \/>\n31.12.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.8\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nExpense Accounting<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The charges are subject to an annual statement. The statement of expenses<br \/>\nis considered approved in the the extent that, within 30 days of receipt, the tenant does not file a formal claim in writing with the<br \/>\nlessor. The tenant has the right, within 30 days of receipt of the statement, by appointment, to consult the documents at the landlord&#8217;s<br \/>\noffice, or even his representative, during the usual office hours. Supplements must be paid within 30 days of receipt of the statement<br \/>\nby the tenant. Refunds must be carried out within the same period by the landlord.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">During the heating period, i.e. during the cold season, the heating<br \/>\nshould never be turned off entirely. The tenant must at least always temper the premises in order to avoid any risk of frost which he<br \/>\nwould then have to bear all the consequences.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the tenant leaves the building during the financial year, he cannot<br \/>\nclaim to have an interim statement drawn up diary.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">When the heating or hot water comes from an installation outside the<br \/>\nbuilding that is not included in the the cost price of the building, the landlord can invoice the tenant for the actual costs. The tenant<br \/>\ntakes note and agrees that the landlord shall charge the landlord for all the costs invoiced to him by the external installation. These<br \/>\ncosts include depreciation and interest on capital contributions as well as costs for the operation, maintenance, cleaning, repairs and<br \/>\nrenewal of the installation This also includes the consideration for actual consumption in accordance with the values displayed by the<br \/>\nenergy meter. In addition, the said costs include a contribution to the use of the land and local. Finally, the above-mentioned costs<br \/>\nalso include the costs of administrative controls, for the consumption as well as for billing.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.9\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nServices, Charges, Taxes and Charges for Business Activities<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The supply of electricity and\/or gas, as well as all other taxes and<br \/>\nfees incurred by the tenant&#8217;s operation, as well as the electricity consumption of any illuminated signs or any other advertising process<br \/>\nare re-invoiced to the tenant, if they are collected from the lessor. The tenant undertakes to follow the instructions of the suppliers.<br \/>\nOtherwise, he is liable for any damage caused by his fault.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Public fees, taxes, cable network finances, etc. resulting from the<br \/>\nuse and exploitation of the are not included in the net rent. Therefore, they are the responsibility of the tenant even if they are have<br \/>\nbeen collected from the landlord or his representative, who will then claim them from him as a refund.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">8.10\u00a0\u00a0\u00a0\u00a0<br \/>\nPayment transaction fees<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the tenant chooses a payment method that incurs a fee for the landlord<br \/>\n(e.g. in cash at the counter of the position), these will be periodically invoiced to the tenant.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">9\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nRent adjustment<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The entire rent can be indexed 100.00%.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Without termination of the lease and with 1 month&#8217;s notice given by<br \/>\nregistered mail with the official form, the rent may be adjusted in proportion to the change in the Swiss Consumer Price Index (ISPC),<br \/>\nthe first time on 01.08.2027. The adjustment of the rent is calculated according to the following formula:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    Current index &#8211; old index<br \/>\n    X 100.00 = percentage adjustment of the rent<\/p>\n<p>    Old index<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The change may be reported only once a year, taking as a basis the<br \/>\nindex used for the last notification.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the landlord undertakes renovation or alteration work or if he provides<br \/>\nadditional services within the meaning of Section 269a (b) of the CO, the rent may be increased in such a way as to cover the costs fairly<br \/>\ninterest, depreciation and maintenance of the work carried out. It is specified that the adjustment of the rent may be come simultaneously<br \/>\nwith indexation, with 30 days&#8217; notice. However, the two operations are not and increases can therefore be notified in the same year by<br \/>\n30 days&#8217; notice, independently from each other and on different terms.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the landlord has to pay new costs related to the operation of the<br \/>\nproperty, for example following the introduction of the property new public taxes, he is authorized to pass them on to the tenant in the<br \/>\nform of additional ancillary costs in the sense of a unilateral modification of the lease. Any other unilateral modification of the lease<br \/>\nmay be notified with 30 days&#8217; notice by the 1st of the following month in the form prescribed by law.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If necessary, it is also possible to adapt the instalments and\/or lump<br \/>\nsums to the charges during the term of the contract with 1 month&#8217;s notice for the first day of the following month.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">10\u00a0\u00a0\u00a0<br \/>\nValue Added Tax (VAT)<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord subject to VAT has made use of the possibility of opting<br \/>\nfor the rental property by indicating the VAT on the rent and any incidental costs. VAT is deducted in accordance with the law. The tenant<br \/>\nconfirmed by the signing of the lease is not intended exclusively for private use.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">VAT is levied at the rate in force on the rent and any ancillary costs<br \/>\nset out in the lease. In the event of modification of the official VAT rate, the landlord is authorised to notify the tenant of the related<br \/>\nrent adjustment for the effective date of the new rate.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the VAT liability should end during the term of the lease for reasons<br \/>\nthat the tenant must (e.g. on the grounds of exclusively private use), the landlord is entitled to re-invoice the tenant for any tax for<br \/>\nown use generated by the change of use.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant also undertakes to pay any tax for own use, as well as any<br \/>\nadditional costs. If the lease is terminated prematurely for reasons that the tenant must justify, resulting in the cessation of VAT liability.<br \/>\nThe responsibility to assume these costs does not apply if the rental subject to VAT may continue under the same conditions with a new<br \/>\ntenant. The tenant stays until the date of re-letting or until the expiry date of the lease. The landlord undertakes to inform the tenant<br \/>\nas soon as possible.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tax for own use is due from the date on which the VAT liability<br \/>\nends prematurely, taking into account the tax for own use due on the expiry date of the lease.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The own-use tax due to the lessor can be paid in the form of a lump<br \/>\nsum or in the form of a Rent adjustment, as long as the rental relationship continues. An adjustment of the rent is notified with a Notification<br \/>\nperiod of one month for the 1st of a month, taking into account interest and amortization usually practiced in the industry.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to provide the landlord, at the first request,<br \/>\nimmediately and free of charge, with the documents<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">and information necessary to maintain VAT liability<br style=\"clear: both\"\/>\n<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">11\u00a0\u00a0\u00a0<br \/>\nOption<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">A renewal option is granted to the tenant in order to extend the rental<br \/>\ncontract under the same conditions from 01.08.2036 to 31.07.2041. If he wishes to use it, he must inform the landlord by registered letter<br \/>\nto no later than 31.07.2035 and no earlier than 12 (twelve) months before this date<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the option is not exercised or if it is not exercised according<br \/>\nto the above-mentioned rules, the rental contract ends without prior termination.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the option is exercised, the lease contract ends at the end of the<br \/>\nterm of the option without prior termination necessary.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">All option rights granted to the tenant belong only to the tenant himself.<br \/>\nIf rights and obligations are transferred to a third party within the meaning of Art. 263 CO or by means of a transfer of assets within<br \/>\nthe meaning of Art. 69 of the Federal Act on Mergers, Demergers, Transformations and Transfers of Assets, before or on the date of the<br \/>\ncommencement of the extension period or with effect from a later date, or more than 20% of the main leased area is sublet, all option<br \/>\nrights are extinguished, even if they have already been were exercised at the relevant time, with the result that the lease ends on the<br \/>\nearliest possible date (lease for a fixed term), or that it can be terminated (open-ended lease).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The granting of rights to a legal entity controlled by the lessee,<br \/>\nor to a legal entity in which the tenant holds an interest in any way, is also considered a sublease or a transfer within the meaning<br \/>\nof the above-mentioned provision.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">12\u00a0\u00a0\u00a0<br \/>\nSecurity<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Warranty\tCHF 504&#8217;448,65<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In accordance with the provisions of art. 257e CO, the tenant must<br \/>\nprovide this guarantee with an establishment Swiss banking in the canton in which the building is located. It must be established in the<br \/>\nform of an account Savings blocked investment. The latter must be provided within thirty days of signing the contract, but at the latest<br \/>\nwhen the tenant enters the premises. Otherwise, the handover of the keys is postponed until the certificate of account opening, and if<br \/>\napplicable proof of payment, be given to the lessor.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It guarantees the performance of the obligations of the tenant towards<br \/>\nthe lessor arising from this lease, or from the possession, beyond the lease, the leased property.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant may not set off against the guarantee he has provided for<br \/>\nany debts owed to the lessor, due during the lease or on his departure.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The withdrawal of all or part of the sums or securities deposited as<br \/>\nsecurity may only be made under the double signature of the landlord and the tenant or by virtue of a court decision.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In the absence of legal action brought within one year from the date<br \/>\non which the tenant released the premises subject to the guarantee, it is automatically released and the tenant or his agent is authorised<br \/>\nto regain possession of the funds.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">13\u00a0\u00a0\u00a0<br \/>\nState of Play<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The premises shall be leased to the lessee in the condition suitable<br \/>\nfor the intended use and delivered in accordance with the conditions laid down in the article &#8220;Developments carried out by the lessor&#8221;.<br \/>\nIf the effective date of the lease falls on a Saturday, a Sunday or a day of rest, or even an official holiday, the handing over of the<br \/>\npremises to the tenant will be postponed until the first next business day.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It is the tenant&#8217;s responsibility to notify the landlord in writing,<br \/>\nwithin 14 days of moving into the the presence of any defects. After this period, the premises will be considered to be in the agreed<br \/>\nstate between the parties.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In the event of complications or disruptions associated with possible<br \/>\nrenovation or finishing work, undertaken after the lease comes into force, the tenant waives a reduction in rent or damages, and interests.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant thus declares that he is taking the premises in their state<br \/>\nagreed with the landlord and undertakes to bear the entire amount of the costs which would result from the work which he undertook. If<br \/>\nnecessary, they will have to be the subject of an authorisation written agreement of the lessor and, unless otherwise agreed, shall not<br \/>\ngive rise to any compensation.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">14\u00a0\u00a0\u00a0<br \/>\nKeys<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Subject to other arrangements, the tenant receives a set number of<br \/>\nkeys upon arrival and against receipt. Additional keys may only be produced with the written consent of the lessor. In the event of loss<br \/>\nof keys, it is advisable in all cases, to immediately notify the landlord who, depending on the circumstances and the construction of<br \/>\nthe building, (common areas), may proceed with the replacement of locks and cylinders, in particular the common areas if there is a pass.<br \/>\nAll related costs will be claimed as reimbursement from the tenant. At the end of the contractual relationship all keys, including those<br \/>\nthat have been ordered in addition to the contract, must be returned without compensation.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15\u00a0\u00a0\u00a0<br \/>\nDevelopments \/ Demolitions \/ Legal hypothecs of craftsmen and contractors<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15.1\u00a0\u00a0\u00a0\u00a0<br \/>\nDevelopments carried out by the lessor<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The parties agree that the initial rent represents the appropriate<br \/>\nconsideration for the rental of the premises according to the statement set out in the appendix &#8220;Basic developments&#8221; (see also<br \/>\n&#8220;Developments carried out by the landlord \/ basic developments&#8221;.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">All additional facilities, facilities and equipment that are not part<br \/>\nof the basic accommodations constitute the tenant&#8217;s accommodations, even if, at the time of the start of the tenancy, they are already<br \/>\npresent (see the article below &#8220;Fittings made by the tenant&#8221;).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">15.1.1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nImprovements made by the landlord \/ Basic developments<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">On the landlord&#8217;s side, the rental property is transferred with so-called<br \/>\n&#8220;Basic Fittings&#8221;, i.e. including the Subsequent Accommodations<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">See technical description in the appendix<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15.2\u00a0\u00a0\u00a0\u00a0<br \/>\nFittings made by the tenant<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">15.2.1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nFittings made by the tenant &#8211; Concept<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">All the work of assembly, dismantling, installation, equipment, layout<br \/>\netc. not part of the &#8220;basic fittings\u201d according to the figure &#8220;Improvements made by the landlord \/ Basic fittings&#8221;,<br \/>\nare what are called &#8220;tenant fit-outs&#8221;. This also includes montages, dismantling, installations, equipment and fittings already<br \/>\nexisting at the time of the tenant&#8217;s arrival, whether they have been carried out by the previous tenant or by the landlord himself.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">15.2.2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nFittings carried out by the tenant &#8211; Obligation to apply for a permit<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Fittings by the tenant (including the installation or modification<br \/>\nof blinds, etc.) are obligatorily subject to the written authorisation of the lessor. The application for authorisation submitted to the<br \/>\nlandlord must be accompanied by the supporting documents, such as plans, projects, and specifications. In particular, the tenant is not<br \/>\nallowed to carry out modifications or additional connections to electrical or sanitary installations without the consent of the landlord.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It is up to the tenant to apply for any official authorisations, such<br \/>\nas the building permit for the execution of the development work. The related taxes are the responsibility of the tenant. If the authorization<br \/>\nof building depends on the compliance of the project with the legal provisions or regulations issued by the authorities requiring additional<br \/>\nwork or other measures, e.g. for regulatory reasons fire service, technical safety, ecological or other measures (additional emergency<br \/>\nexits Sprinkler systems, fire detection systems, use of environmentally friendly plants or materials, disposal of installations or materials<br \/>\nthat may be harmful to health, such as asbestos, etc.), all costs are exclusively at the expense of the tenant. At the end of the lease,<br \/>\nthe landlord does not owe the tenant any compensation, even if it is not possible to reverse the measures taken.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">15.2.3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nCarrying out development work by the tenant and taking into account the interests of the tenant third parties<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to have all the development work carried out<br \/>\nin accordance with the rules of the construction industry and to ensure that they are carried out in a professional manner. It is particularly<br \/>\ncommitted to ensuring that all legal and official requirements (e.g. in relation to safety, fire protection, noise emissions, environmental<br \/>\nprotection, etc.), industry-specific standards and guidelines (Swiss Society of Engineers and Architects (SEA), German Institute for Standardization<br \/>\n(GIS), and Construction Site Safety (CSS), etc.), as well as the regulations generally recognized by the construction trades are respected.<br \/>\nThe renter ensures that maximum overloads, payloads and suspended loads are not outdated. If necessary (particularly in the case of concentrated<br \/>\ncharges), the tenant is required to carry out the at his own expense to a verification by a professional. The tenant is responsible for<br \/>\nany damage caused to persons or things that may arise from the failure to comply with these obligations. The tenant also undertakes to<br \/>\ntake out the usual construction insurance and bear the cost thereof.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In carrying out the work, the interests of other tenants or utilities<br \/>\nmust also be taken into account. building builders. The tenant is also responsible for any compensation claims from other tenants or third<br \/>\nparties (rent reductions, compensation) if they are justified by reference to the legal provisions, even if the work is carried out with<br \/>\nthe necessary care and consideration. It also undertakes to participate in any lawsuit brought against the landlord and, at the latter&#8217;s<br \/>\nrequest, to take into account charges the dispute at its own risk and expense<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15.3\u00a0\u00a0\u00a0\u00a0<br \/>\nDemolitions<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">At the end of the lease, the rental property must be returned in its<br \/>\noriginal state, if the lessor does not renounce the right to Professional dismantling of all or part of the fittings carried out by the<br \/>\ntenant. If the lessor requires the installation of the fittings carried out by the tenant, the latter is obliged to have this work carried<br \/>\nout in such a way as to for the end of the handover of the premises (figure &#8220;Return of the premises and damage report&#8221;). If<br \/>\nthe lessor waives its right to demand that the premises be returned to it in whole or in part in their original state, The tenant is obliged<br \/>\nto leave the fittings made by him in the premises. The tenant must waive the right to any compensation, even if these developments could<br \/>\nrepresent an added value.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the restoration of the premises to their original condition or the<br \/>\ndemolition work required for the expiry date of the lease on the basis of legal requirements or provisions of public law (e.g. fire or<br \/>\nother protection measures security measures) which came into force after the conclusion of the lease, generate additional measures for<br \/>\nthe tenant that go beyond the simple professional demolition of the fittings, the tenant undertakes to carry out carry out this additional<br \/>\nwork at its own expense.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the tenant does not comply with the obligation to return the object<br \/>\non time and in the contractually agreed condition, The landlord is not obliged to grant him an additional period. He may, without judicial<br \/>\nauthorization, take the measures necessary to have the work carried out at the tenant&#8217;s expense. Requests then remain reserved compensation,<br \/>\nin particular the payment of rent until the date of restoration of the state contractually agreed upon or up to the date of reletting<br \/>\nof the premises, or for damage suffered as a result of the delay in the implementation of other provisions provided for by the landlord.<br \/>\nThe tenant is also responsible for any damage suffered by a new tenant due to the delay in the provision of the premises or if the tenant<br \/>\nmakes use of a right of renunciation of the lease contract.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15.4\u00a0\u00a0\u00a0\u00a0<br \/>\nLegal hypothec of craftsmen and contractors<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Before the desired work is carried out, the landlord may require the<br \/>\nprovision of a bank guarantee or even a joint and several guarantee equivalent to the total amount of the planned investment, in order<br \/>\nto ensure that the financial capacity of the tenant.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to settle all debts arising from the arrangements<br \/>\ninto which he has entered within the time limit agreed with the companies and the agents.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the tenant breaches his obligation to cancel a specific legal hypothec<br \/>\nof craftsmen and contractors by construction work that he ordered, and this despite a written formal notice, with the fixing of a period<br \/>\nby the lessor, the lessor is therefore entitled to terminate the contract for good cause and to claim damages and interest.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If a company mandated by the tenant were to initiate proceedings for<br \/>\nthe registration of a legal hypothec (craftsmen and contractors), the landlord could terminate the lease with immediate effect, any other<br \/>\nmeasure applicable in this matter being reserved.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">15.5\u00a0\u00a0\u00a0\u00a0<br \/>\nPeriodic Inspection of Electrical Installations and Safety Reporting (OLVI)<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Periodic inspections of electrical installations and safety reports<br \/>\n(OLVI) in the rental property: On the basis of the Electrical Installations Act (EIA), the Swiss Federal Council has decreed that the<br \/>\noperator of the must periodically require proof of the safety of electrical installations (hereinafter also referred to: OLVI) for each<br \/>\nmetering circuit.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">As the rental property has been rented and handed over to the lessee<br \/>\nin accordance with the basic configuration more precisely defined in the attached interface document, it is mutually agreed to proceed<br \/>\nas follows with respect to concerns the provision of the safety report (OLVI):<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The lessor shall have the periodic OLVI drawn up within the prescribed<br \/>\ntime limits by an approved inspection company of its choice. Any defects found will also be professionally repaired on the order of the<br \/>\nlandlord. All The related costs will ultimately be divided proportionately between the landlord and the tenant in accordance with the<br \/>\nInterface document attached to the rental lease according to the definition of the development, based on the safety report (OLVI) and<br \/>\nrelated company invoices. Costs related to defects in installations performed by the tenant (even for those that have not been properly<br \/>\nreported), as well as costs related to Equipment and furniture belonging to the tenant are entirely at the expense of the tenant. The<br \/>\ntenant undertakes pay the costs incurred in this regard within 30 days of the invoice being issued. The tenant agrees to this with regard<br \/>\nto the obligation to cooperate in the implementation of official directives within the time limits set, as well as the submission of<br \/>\nthe safety report (OLVI) to the network operator within the specified time limit (guarantee of access to the premises concerned, obligation<br \/>\nto provide information on the fittings made by the tenant, etc.). If the tenant infringes the provisions of the system operator or the<br \/>\nobligation to cooperate, all costs arising therefrom shall be at its expense, even if the system operator or the Federal Inspectorate<br \/>\nfor Heavy Current Installations sends the invoice to the lessor.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">16\u00a0\u00a0\u00a0<br \/>\nMaintenance obligation<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">16.1\u00a0\u00a0\u00a0\u00a0<br \/>\nLandlord&#8217;s maintenance obligation<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord is obliged to ensure maintenance according to the conditions<br \/>\nset out in the article &#8220;Basic developments&#8221; (see the paragraph &#8220;Adjustments \/ Basic improvements made by the landlord&#8221;).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant is obliged to ensure the maintenance of all built-in objects,<br \/>\nall installations and all subsequent fittings (see &#8220;Tenant Fittings&#8221;) not included in the &#8220;Basic Fittings&#8221; and in<br \/>\nparticular modifications and replacements of installations and equipment (movable or immovable) which the landlord would have subsequently<br \/>\ncarried out with the agreement of the lessor.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">16.2\u00a0\u00a0\u00a0\u00a0<br \/>\nTenant&#8217;s maintenance obligation<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In particular, and without taking into account the financial limit<br \/>\nindicated above and the origin of the damage, the tenant must bear the following costs: repair and replacement of switches and sockets,<br \/>\nhinges, window and door closures, taps, heating system gaskets and straps, tapes and cranks of roller shutters, venetian blinds and sun<br \/>\nvisors, as well as the removal of sanitary facilities clogs and the periodic cleaning of drains on balconies and terraces to the main<br \/>\npipe.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant shall be charged exclusively with the costs of operation,<br \/>\nmaintenance, repair and renewal. equipment and installations which he has fitted up on the premises. In the event of defects, deterioration<br \/>\nor threatening dangers, the tenant is obliged to inform immediately the landlord (e.g. water damage, defective appliances, appearance<br \/>\nof traces of moisture). In the event of non-compliance with this obligation, the tenant is liable for any direct and indirect damage that<br \/>\nmay arise resulted. The tenant is not entitled to eliminate defects on his own initiative, or even to order work aimed at removing, at<br \/>\nthe lessor&#8217;s expense, defects or malfunctions. The expenses incurred by Work that the tenant has carried out without the written approval<br \/>\nof the landlord is in any case charged to him. The appropriate measures taken by the tenant in cases of emergency remain reserved.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">16.3\u00a0\u00a0\u00a0\u00a0<br \/>\nSupplementary agreement<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant bears the normal maintenance and cleaning of the rented<br \/>\nproperty at his own expense, as well as minor repairs up to CHF 1,500.00 excl. VAT per case.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17\u00a0\u00a0\u00a0<br \/>\nUse of rental items\/ Shelters\/ Receipt and delivery of goods\/ Waste<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.1\u00a0\u00a0\u00a0\u00a0<br \/>\nUse of rental properties<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant is obliged to use the rented property with care, to keep<br \/>\nit in perfect condition at all times. cleanliness and to ensure its regular maintenance. He will thus preserve the place with regular<br \/>\nventilation and a temperature adequate ambient erasure. The tenant is responsible for any damage resulting from unregulated use.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Furniture must be placed at least 30 cm away from the insulating glass.<br \/>\nIt is forbidden to glue elements on the windows or to paint them. If these requirements are not complied with, the accumulated heat will<br \/>\nbe In the long run, the glass can cause thermal breakage, also known as thermal shock. The lessor denies any responsibility for the in<br \/>\nthe event of damage to the insulating glass as a result of failure to comply with this instruction.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant must take into account the roommates and neighbours. He<br \/>\nis forbidden to use machines, and installations or to carry out professional activities that cause noise, vibration, vapours annoying,<br \/>\nbad smells or other emissions. The business activity must respect the opening hours in accordance with local and industry use. The renter<br \/>\nensures that maximum overloads, payloads and suspended loads are not outdated. If necessary (particularly in the case of concentrated<br \/>\ncharges), the tenant is required to carry out the at his own expense to a verification by a professional. For the protection of floors<br \/>\nand possibly to avoid of sound and vibration transmissions, functional wedges should be placed under the fittings heavy. The access path<br \/>\nto the building and the courtyard, the corridors of the buildings and cellars, the passageway or other common goods shall not be used<br \/>\nfor the storage of any objects and goods. The vehicles may only be parked in designated and allocated spaces.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant will immediately clean up all dirt on the periphery on his<br \/>\nown initiative and at his own expense, or even in the common areas, caused by its fault, its staff or another third party acting for its<br \/>\naccount (e.g. delivery of goods).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.2\u00a0\u00a0\u00a0\u00a0<br \/>\nCleaning during the term of the lease<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Periodic cleaning of the premises, interior windows as well as inscriptions<br \/>\nand illuminated signs is the responsibility of the tenant and must be carried out on his initiative and at his expense.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If common areas of the building are soiled or infected by pests, due<br \/>\nto failure to comply with this obligation of the tenant, he will be liable for all direct and indirect damages<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the common areas are available to more than one tenant, the cost<br \/>\nof cleaning and replacing the tenants concerned are charged for the use of the equipment concerned, who distribute them proportionally.<br \/>\nIf they are not in a position to agree on the distribution of costs, the modalities of this distribution will be determined fairly by<br \/>\nthe landlord and the costs invoiced through the statement of charges.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.3\u00a0\u00a0\u00a0\u00a0<br \/>\nShelters<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Shelters used for purposes other than civil protection (stocks, archive<br \/>\nrooms, etc.) must be usable for civil protection (within 24 hours), or even within the period prescribed by the authorities. Facilities<br \/>\navailable in the shelters must not be altered in any way.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.4\u00a0\u00a0\u00a0\u00a0<br \/>\nReceiving and Shipping Goods<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The reception and dispatch of goods must be carried out with care,<br \/>\nand only at the places designated by the by the lessor. Dirt caused by the receipt and dispatch of goods must be removed spontaneously<br \/>\nby the tenant, immediately and at his expense. Damage caused must be reported without delay to the landlord who will take care of the<br \/>\nnecessary repairs at the tenant&#8217;s expense. For the use of lifts and goods lifts, the requirements therein apply. It belongs to the In<br \/>\nparticular, it is up to users to comply with the load limits.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.5\u00a0\u00a0\u00a0\u00a0<br \/>\nWaste<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Waste, regardless of its type, must only be deposited in the places<br \/>\ndesignated by the lessor and in a manner that appropriate. If necessary, the tenant is obliged to acquire suitable containers (containers)<br \/>\nand to remove them disposed of regularly in such a way as to allow the evacuation of their contents by the municipal services or any other<br \/>\napproved and authorized company.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">17.6\u00a0\u00a0\u00a0\u00a0<br \/>\nEmergency Stairs<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Any fire escape should only be used in the event of a fire or emergency.<br \/>\nIf on this occasion, the cage main staircase is not accessible, it is imperative that the doors leading to the fire escape are always<br \/>\nfree and kept clear at all times. Any storage of any kind is prohibited in the Emergency exits.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">18\u00a0\u00a0\u00a0<br \/>\nSign \/ Advertising \/ Illuminated Inscription<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The installation of any advertising process is subject to the agreement<br \/>\nof the lessor and to the services competent municipal authorities. Thus, it is only with the prior written authorization of the lessor<br \/>\nand in the places that he will have signs, billboards, posters, shop windows, inscriptions and other pro- may be affixed. The installation<br \/>\nand operating costs are charged to the tenant. The landlord will determine the type, size, color, shape, and material. It is specified<br \/>\nthat in the event of work undertaken by the landlord and requiring the temporary or permanent removal of the sign, the tenant bears all<br \/>\nthe costs thereof including those related to its possible reinstatement. The maintenance of the property is the sole responsibility to<br \/>\nthe tenant.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">When the tenant leaves, he must evacuate, at his own expense, all these<br \/>\nadvertising media and reinstate, in accordance with the rules of art, the previous state of the premises and areas concerned.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In the absence of any written agreement, the facades are not included<br \/>\nin the rental.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">19\u00a0\u00a0\u00a0<br \/>\nSubletting<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The full or partial subletting of the premises (Article 262 CO) is<br \/>\nonly permitted with prior consent of the lessor. The request and agreement must be made in writing. The tenant must inform the landlord<br \/>\nof the proposed subletting conditions and the identity of the subtenant. After the conclusion of the sublease agreement, A copy should<br \/>\nbe given to the landlord.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">20\u00a0\u00a0\u00a0<br \/>\nTransfer<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The transfer of the lease presupposes the written consent of the lessor.<br \/>\nBefore the conclusion of the agreement on transfer to a third party, the tenant communicates to the landlord his identity and the field<br \/>\nof activity. He also handed over to the landlord in copy of all the agreements concluded with the candidate wishing to take over the lease.<br \/>\nThe landlord must also be informed of the developments, equipment and appliances that may need to be taken back by the third. The latter<br \/>\nwill then have to take over unreservedly the tenant&#8217;s obligation at the end of the lease with regard to the return of the premises according<br \/>\nto the article &#8220;Demolitions&#8221;. It must also be established, in writing, that the successor adheres to the whole obligations arising<br \/>\nfrom the lease, in addition to the obligation to provide security under the terms of the lease. It will be necessary to add on request,<br \/>\na certificate of creditworthiness from a major Swiss bank or cantonal bank and other documents supporting the conclusion of solvency (balance<br \/>\nsheets and profit and loss accounts for the three preceding financial years) for legal persons and sole proprietorships, an extract from<br \/>\nthe debt collection office, an extract from the Trade register, etc.).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If the landlord gives his consent, the third party is subrogated to<br \/>\nthe tenant in the tenancy. The transferor, however, remains jointly and severally liable with the third party in accordance with the provisions<br \/>\nof Article 263 CO, but not more than 2 years.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">In the event of an assignment of the lease, the assigning tenant must<br \/>\npay the lessor&#8217;s representative the related administrative costs calculated on the basis of an hourly rate of CHF 150.00 (+VAT) but a<br \/>\nminimum of CHF 200.00 (+VAT).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">21\u00a0\u00a0\u00a0<br \/>\nRight of access, access<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord and\/or his representative are authorised, with 48 hours&#8217;<br \/>\nnotice, to carry out a visit to the premises during regular business hours. In the absence of the tenant, the keys must be made available.<br \/>\nThe right of access at any time remains reserved in case of emergency.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">22\u00a0\u00a0\u00a0<br \/>\nInsurance \/ Risk<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord insures the building against damage in accordance with<br \/>\nthe cantonal directives, insofar as it agrees to comply with such directives (insurance obligation). The tenant undertakes to provide<br \/>\nproof, at the request of the lessor, to take out civil liability insurance providing for an amount of cover. It is up to the landlord<br \/>\nto determine.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant insures at his own expense and for their value, against<br \/>\nthe risks of fire, explosion, water damage and theft, all his personal property and fittings located in the rented premises or in the<br \/>\nbuilding. In particular, he takes at its expense to cover the following risks:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Damage to fixed objects, fixtures and furnishings;<\/p>\n<p>\u00b7Risk of glass breakage for all windows and glass (windows, shop windows, glass doors, mirrors, signs, etc.) including inscriptions,<br \/>\netc.) which are part of the leased premises (in the event that insurance to this effect has been concluded by the landlord, the tenant<br \/>\nundertakes to reimburse the premium in relation to and for the part that concerns;<\/p>\n<p>\u00b7Civil liability of the company director;<\/p>\n<p>\u00b7Occupational accident of personnel;<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant alone bears the consequences of any non-performance of this<br \/>\nobligation to the full discharge of the lessor.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The premium corresponding to the cantonal property insurance for the<br \/>\ntenant&#8217;s fittings is set at the tenant&#8217;s charge, even when the premium is collected from the owner.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">22.1\u00a0\u00a0\u00a0\u00a0<br \/>\nAmount of Liability Insurance Coverage<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The liability insurance cover is set at CHF 8,000,000.00.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">23\u00a0\u00a0\u00a0<br \/>\nReturn of premises and damage report<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The premises must be returned by the expiry date of the lease (until<br \/>\n12.00 p.m. at the latest). If the date of return falls on a Saturday, Sunday or an official holiday, the return must be made on the first<br \/>\nworking day until 12.00 p.m. at the latest. The tenant is obliged to empty the premises completely by the date of their handover and to<br \/>\nclean them thoroughly (especially floors, windows, woodwork, washbasins, light fixtures, cabinets, radiators etc.). It also undertakes<br \/>\nto repair the damage caused to the rental property, if it is not normal wear and tear. If the premises are equipped with textile floor<br \/>\ncoverings, the tenant must have them professionally cleaned in accordance with the for the expiry date of the lease.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The repair and cleaning work to be carried out by the tenant must be<br \/>\nundertaken sufficiently so that they are completed on the expiry date of the lease or on the date of early handover of the premises.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Defects and damages found at the end of the rental, for which the tenant<br \/>\nis responsible, will be noted in a report of the inventory of fixtures or will be immediately notified to the tenant in writing. The tenant<br \/>\nis also responsible for the hidden damage that could not be identified in the inventory of the premises if it is brought to its attention,<br \/>\nby immediately after their discovery.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">When returning the rental property, the landlord has the right to ask<br \/>\nthe tenant to participate in the establishment of the property. report of the common inventory of the premises. The landlord is entitled<br \/>\nto order, at the tenant&#8217;s expense, a official inventory report, if the tenant refuses to participate in the reconnaissance of the premises<br \/>\nor if it is foreseeable that differences of opinion will arise as to the obligations incumbent on the tenant when returning the object.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">24\u00a0\u00a0\u00a0<br \/>\nPermissions<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It is the responsibility of the tenant to obtain all necessary authorizations<br \/>\nfor the use and operation of the leased premises (e.g. permits from the commercial police and the building police) and to bear the associated<br \/>\ncosts. He will then have to spontaneously give the landlord copies of all the interventions in this regard.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">25\u00a0\u00a0\u00a0<br \/>\nDocuments digitized by Livit<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant acknowledges that Livit digitises (in .pdf format) all documents<br \/>\nrelated to the present Lease, except for those which, by law, must be kept in original or which require a signature holographic. The documents<br \/>\nwill only be kept and administrated in digitized form. In doing so, Livit guarantees that:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">a.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nThe scanning and destruction of the documents will be carried out by a recognized external service provider and certified according<br \/>\nto ISO standards, on behalf of Livit and subject to strict requirements regarding the retention of business secrecy, confidentiality and<br \/>\ndata protection and who submits to the Livit audits<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">b.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nThe digitized version, according to its creation, is carefully checked and compared to the original on paper in order to ensure<br \/>\nthat the digitization process has been correct; Original documents will not be destroyed only after the expiry of a period of several<br \/>\nweeks;<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">c.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nThe digitized documents will be administered by means of recognized software which allows in particular the tracing of the (logging)<br \/>\nof any activity relating to such documents;<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">d.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\norganizational, personal, spatial and IT measures to ensure the security of the digital file have been taken.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant declares that he or she consents to the digitized version<br \/>\nof the documents being authentic in the contractual relationship between him and the lessor. It therefore expressly waives the requirement<br \/>\nfor the presentation of original documents on paper or to object to the use of the digitized version of the documents. When the tenant<br \/>\ndoubts in a way that the authenticity of the digitized documents, Livit will make available to him, for a fee, proof of authenticity.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">26\u00a0\u00a0\u00a0<br \/>\nDurability<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The parties jointly pursue the objective of minimising the negative<br \/>\nenvironmental impact emanating from the object of the rental. To this end, they conduct their activities in accordance with the following<br \/>\nprinciples:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7When building, renovating and equipping the leased property, only materials with the least possible impact on people and the environment.<\/p>\n<p>\u00b7For the installation and replacement of lighting, light sources should be chosen if possible energy-efficient (LEDs, energy-saving<br \/>\nlamps or fluorescent tubes).<\/p>\n<p>\u00b7When purchasing new electrical appliances, it is advisable to choose, as far as possible, energy-efficient appliances.<\/p>\n<p>\u00b7Waste must be reduced as much as possible and sorted before disposal (paper\/cardboard, glass, aluminium\/container) (edible oil, PET,<br \/>\nscrap metal, batteries, etc.)<\/p>\n<p>\u00b7When choosing cleaning products, environmentally friendly products that are harmless should be preferred.<\/p>\n<p>\u00b7Unnecessary water consumption should be avoided.<\/p>\n<p>\u00b7The rooms should not be overheated.<\/p>\n<p>\u00b7Rooms should be ventilated intermittently during the heating period. It is also necessary to avoid<\/p>\n<p>\u00b7Leave windows open permanently during the heating period<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant acknowledges that the landlord has the right to carry out<br \/>\nstructural measures both on the building and in the premises rented for the purpose of saving energy and\/or water, producing energy or<br \/>\nusing and managing the property Furniture in a more sustainable way<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant agrees that all consumption data (energy, water, etc.) will<br \/>\nbe recorded in a manner that will be anonymous by the lessor, used for statistical purposes and in this context also made available to<br \/>\nthird parties. It also agrees that the owner may collect this data from the relevant utilities on its behalf (e.g. the tenant&#8217;s electricity<br \/>\nconsumption).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to participate, as far as possible, in campaigns<br \/>\nand surveys relating to the use of the of the leased object and sustainable energy management, etc.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes, in the event of an evaluation of the building<br \/>\naccording to a certification system, to provide the landlord with all information required for this purpose at the time of the first application,<br \/>\nto the extent acceptable to the tenant.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The parties mutually commit to exchanging information on sustainability.<br \/>\nThe parties mean the information and documents (data) that are related to the sustainable use and\/or management of the building and the<br \/>\nproperty (data). This includes:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7energy and water consumption data<\/p>\n<p>\u00b7data on waste generation<\/p>\n<p>\u00b7data collected by service or works providers in the context of the use and\/or sustainable management of the property.<\/p>\n<p>\u00b7data on the use of the object, in particular on the number of people, opening hours and Main moments of use<\/p>\n<p>\u00b7the data needed to carry out an energy audit<\/p>\n<p>\u00b7the data necessary to determine the value and\/or sustainability properties of the property and the rented object.<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The parties undertake to provide such information on a regular basis<br \/>\nin an appropriate form, if possible by means of and within a reasonable period of time upon request by the other party. In addition, each<br \/>\nparty has the right to collect itself information about sustainability and save it anonymously, while supporting each other part as best<br \/>\nas possible. In doing so, the parties protect their common interests to the best of their ability.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The following contact persons are responsible for sustainable use and<br \/>\nmanagement, as well as the exchange of information relating thereto:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Landlord\u2019s contact person: Head of Sustainability, sustainability@livit.ch<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">27\u00a0\u00a0\u00a0<br \/>\nData protection<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Livit AG takes the protection of your personal data very seriously<br \/>\nand treats it confidentially, in accordance with the legal provisions in force. We provide you with the company names of the persons responsible<br \/>\nhere. of the data processing and briefly remind you of its purposes.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Data Controllers and Contact Information for the Data Protection Officer<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">You can find the contact details of the persons responsible here:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Livit AG<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Privacy<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Altstetterstrasse 124<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">8048 Zurich<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">privacy@livit.ch<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">You can find the contact details of the data protection advisor here:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Cornelius G\u00f6rts<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">c\/o Swiss Life Asset Managers Deutschland GmbH<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Clever Strasse 36<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">DE-50668 K\u00f6ln<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">If you have any questions about data protection, you can contact us<br \/>\nat any time and at any time. trust in the managers or the data protection advisor indicated.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Purposes and legal basis on which we process your data We process personal<br \/>\ndata in accordance with the applicable provisions of the Federal Protection Act (FPA) and other applicable data protection provisions<br \/>\n(\u201cdata protection&#8221;).<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">This processing takes place with a view to fulfilling and performing<br \/>\nthe contractual relationship between us and you, the tenant, the documentation and archiving obligations applicable under commercial and<br \/>\ntax law as well as any other legal obligation in force, or even to the extent that the purposes are obvious in the circumstances.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Transmission of data to the owner<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">As the manager of the leased real estate, Livit forwards the tenant&#8217;s<br \/>\ndata to the landlord or the owner. The latter expressly reserves the right to contact the tenant in connection with the commercial interests<br \/>\nof the tenant, of the lessor or owner.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Detailed information on data protection can be found at the following<br \/>\nlink: www.livit.ch\/privacy.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">28\u00a0\u00a0\u00a0<br \/>\nSpecial agreements<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">a.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nFree<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">It is specified that upon the entry into force of this contract, the<br \/>\nlandlord grants the tenants, on a completely exceptional basis and Unique, a free rental of the office space of six months of net rent,<br \/>\ni.e. from 01.08.2026 to 31.01.2027. The Deposits for charges and ancillary costs, parking spaces, deposit and VAT are due upon arrival<br \/>\nin force of the lease.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">b.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nOwnership<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The landlord will pay the tenant a one-time lump sum of CHF 386,250.00<br \/>\nincluding VAT as a contribution to the work tenant developments. This amount will be paid once the work has been completed, upon presentation<br \/>\nof invoices and confirmation of the payment of the latter. The tenant will draw up an invoice for the total amount of work mentioning<br \/>\nVAT.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">c.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>\nBasic Layout<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The premises will be rented in their current state in accordance with<br \/>\nthe technical description in the appendix to this lease. If the fit-out work by the tenant is subject to authorisation, the tenant is<br \/>\nresponsible for all procedures and related costs. When the tenant leaves, reference must be made to article 15.3 &#8220;Demolitions&#8221;.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">29\u00a0\u00a0\u00a0<br \/>\nProrogation of jurisdiction<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">For its validity, any modification or supplement to this contract must<br \/>\nbe in writing (signatures of both contracting parties). This rule also applies to the repeal of the conditional clause. on the written<br \/>\nform.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">For all matters not settled under this contract, the provisions of<br \/>\nthe Swiss Code of obligations and possibly additional legal provisions that apply. The provisions of this contract have priority over<br \/>\nlocal uses formulated differently.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">For all disputes arising from this contract, the place of jurisdiction<br \/>\nis the place of the leased property; This jurisdiction clause is considered irrevocable, even after the expiry of the contract.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The tenant undertakes to inform the landlord, without having been invited<br \/>\nto do so, of all the changes relating to legal form (modification of the company, mergers of companies, etc.) and on the right of signature<br \/>\nas well as significant changes in the shareholding structure (30% or more of all shareholdings have been transferred), in writing, attaching<br \/>\nan updated extract from the Commercial Register. He is responsible for any consequences resulting from the failure to comply with this<br \/>\nobligation.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">30\u00a0\u00a0\u00a0<br \/>\nPlace of residence<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Until its cancellation, notified by registered letter addressed to<br \/>\nthe lessor, the following address is considered as the tenant&#8217;s valid place of residence:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Place of residence of the tenant: Esplanade de Pont-Rouge 4-6, 1212<br \/>\nGrand-Lancy<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">31\u00a0\u00a0\u00a0<br \/>\nPlans<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The attached plans, dated 21.01.2026, are an integral part of this<br \/>\nlease and are reciprocally signed.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Any deviations in the measurement of surface areas have no effect on<br \/>\nthe rent.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">32\u00a0\u00a0\u00a0<br \/>\nAppendices<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">The following annexes, given to the tenant and expressly recognized<br \/>\nas part of this lease, are also an integral part of this lease. by the parties:<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>\u00b7Description of the rental property at the beginning of the rental &#8220;Basic amenities&#8221;<\/p>\n<p>\u00b7General Terms and Conditions for Commercial Premises. 2010 Edition<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt\">\u00a0<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">33\u00a0\u00a0\u00a0<br \/>\nDate \/ Signatures<\/p>\n<p style=\"font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Several tenants are jointly and severally liable for the obligations<br \/>\narising from the rental lease.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">This contract only becomes legally valid with the agreement of all<br \/>\nparties. The tenants expressly confirm that They have read and understood the chapter &#8220;Digitised files at Livit&#8221; as well as<br \/>\nthe chapter &#8220;Data protection&#8221; and that they agree with them.<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Regardless of the legally valid date of signing of the lease, it is<br \/>\nthe date of the rental lease 21.01.2026 which applies in the related correspondence<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    Lessor represented by:<br \/>\n    \u00a0<br \/>\n    Geneva, 14.01.2026\/CLM<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Livit AG<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">Real Estate Management<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \/s\/ Patricia Marques<br \/>\n    \u00a0<br \/>\n    \/s\/ Manon Carletti<\/p>\n<p>    Patricia Marques<br \/>\n    \u00a0<br \/>\n    Manon Carletti<\/p>\n<p>    Group Manager Management<br \/>\n    \u00a0<br \/>\n    Sales Manager<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0\u00a0<\/p>\n<p>    SEALSQ Corp, Torola (BVI)<br \/>\n    \u00a0<br \/>\n    Place \/ Date: Geneva, 29.01.2026<\/p>\n<p>    Meyrin branch<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \/s\/ CARLOS MOREIRA<br \/>\n    \u00a0<br \/>\n    \/s\/ JOHN O&#8217;HARA<\/p>\n<p>    Signature<br \/>\n    \u00a0<br \/>\n    Signature<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Name (capital letters) CARLOS MOREIRA<br \/>\n    \u00a0<br \/>\n    Name (capital letters) JOHN O&#8217;HARA<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Function (capital letters) CEO<br \/>\n    \u00a0<br \/>\n    Function (uppercase letters) CFO<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p>    WISeKey SA<br \/>\n    \u00a0<br \/>\n    Place \/ Date: Geneva, 29.01.2026<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \/s\/ CARLOS MOREIRA<br \/>\n    \u00a0<br \/>\n    \/s\/ JOHN O&#8217;HARA<\/p>\n<p>    Signature<br \/>\n    \u00a0<br \/>\n    Signature<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Name (capital letters) CARLOS MOREIRA<br \/>\n    \u00a0<br \/>\n    Name (capital letters) JOHN O&#8217;HARA<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    \u00a0<br \/>\n    \u00a0<br \/>\n    \u00a0<\/p>\n<p>    Function (capital letters) CEO<br \/>\n    \u00a0<br \/>\n    Function (uppercase letters) CFO<\/p>\n<p style=\"font: 10pt Times New Roman, Times, Serif; margin: 0pt 0\">\u00a0<\/p>\n<p style=\"border-bottom: Black 1pt solid; text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt\">19<\/p>\n","protected":false},"excerpt":{"rendered":"Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F&hellip;\n","protected":false},"author":2,"featured_media":24022,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[15122,15244,15123,15242,15241,15246,65,15120,11201,15240,11199,15245,15243],"class_list":{"0":"post-24021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-geneva","8":"tag-15122","9":"tag-15244","10":"tag-383-30","11":"tag-annual-rent-chf-1","12":"tag-commercial-lease","13":"tag-form-6-k","14":"tag-geneva","15":"tag-geneva-headquarters-lease","16":"tag-laes","17":"tag-new-office","18":"tag-sealsq","19":"tag-swiss-life","20":"tag-tenant-improvement-chf-386"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116165624911047353","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/24021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=24021"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/24021\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/24022"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=24021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=24021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=24021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}