Industrial Land Lease Agreement
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INDUSTRIAL LEASE AGREEMENT THIS INDUSTRIAL LEASE AGREEMENT (this Lease ) dated for references purposes only is made between PS Business Parks, L.P., a California Limited Partnership ( Landlord ), and TECHNEST HOLDINGS, INC., a Nevada corporation, and TECHNEST INC., a Delaware corporation, jointly and severally (collectively, the Tenant ), as of December 7, 2011 (the date of this Lease ).. Rather, the actual Commencement Date shall be delayed until delivery of possession in which event the Termination Date shall be extended to include the same number of full calendar months as set forth in the Basic Lease Information (plus any partial first month) provided, in the event delivery of possession is delayed by any act, omission or request of Tenant or any Tenant Entity, then the Premises shall be deemed to have been delivered (and the actual Commencement Date shall occur) on the earlier of the actual date of delivery or the date delivery would have occurred absent the number of days of such delay attributable to Tenant and the Term (as defined above in the Basic Lease Information) shall then be for such number of full calendar months (plus any partial first month)..
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