AGREE NI ENT

B E T W E E N:

EDGE ON TRIANGLE PARK INC.a corporal ion incorporated under the laws ofthe Province of Ontario

here inn 11cr cal! cci the “\‘c n do r’’)

OF Ti IF FIRST PART,

— and —

TORONTO MEDIA ARTS CLUSTER,a corporat i on incorporated tinder the laws 01.the Provi ilce of On I a rio

here inn 11cr cal led (lie “Purchaser’’)

OF TFIE SICOND PART;

—and—

CITY OF TORONTO

(hereinaller cal led the “City’’)

OF TIlE ThIRD PART.

WHEREAS the Vendor and the Purchaser agree and acknowledge that the purchase of thel3ui Iding (as hereinafter defined) is a result of a Letter of’ Intent between the Vendor and thePurchaser dated September 29th, 2011.

AND WI IEREAS the Purchaser is a non—profit corporation which intends to utilize the Buildingbr the present iiuriioses of the Purchaser of’ increasing the public’s appreciation of the arts, to heutilized in accordance with the zoning by—Laws governing the Building and to he constructedgenerally iii accordance Wi I Ii the Plans and Spcci fical ions.

AND WHEREAS the Vendor intends to construct a Condominium (as hereinafter defined)below, above and soilwtirnes adjoining parts ot the Building.

AND WHEREAS the City of loronto (the “Municipality”) and (lie Vendor entered into anagreement pursuant to suhsection 37(3) of the Planning Act, which is dated June 7, 2012 and wasregistered against title to the Vendor’s Lands and the Property on February 20, 2013 asInstrument No. AT3240353 (the “Section 37 Agreement”).

AND WHEREAS pursuant to the Section 37 Agreement, inter alia. the Vendor agreed toprovide freehold title to certain structures and irriprovernents, having a total ininiinuni gross floor

area is more pariiculiiily stipulated lhcrein. for a eultural/arls centre (herein ref’erred to as the“Culniral Space’’).

AN I) WI I E REAS pursuant to the Section 37 Agreement, the Vendor also agreed to attempt toenter in to a purchase and sale agreement with the Pure baser 11w the conveyance to the Pure baserof Ircehiold title to certain si ructures and improvements. hay i rig a total gross Iloor area ofapproximately 37,X 15 square feet as mole stipulated therein, or use as a cultural arts centrehere in re erred to as Ui e “A Id it in ira I A rts and C ul hi ia I Space’’) and the (‘tilt urn I Space

AND W II K REAS it is intended that I his Agreement be the purchase and sale agreement referredto in the Section 37 Agreement and that [lie Bin Iding be comprised of the Cultural Space and theAdditional Arts and Cultural Space.

AND WHEREAS the City is being added to this Agreement solely to ensure the transfer of theProperty to the Purchaser and to provide for We agreement of [lie Vendor to enter into a separateagrecruerit of’ purchase and sale w th the City fOr tie Property iii the event that cli is Agreement isterm in a led.

NOW TI IEREFORK in consideration of the sum of Two ($2.00) Dollars paid by each of theparties lie i-eto to the other and other good and va limb Ic consi dciii ton (the receipt and su Cue iency01’ which is hereby acknoledged). the Purchaser hereby agrees to purchase from the Vendor.and the Vendor hereby agrees to sell to the Purchaser, the 101 lowing lands and mprovementsincluding the I tu Iding) tlierei ii and comprising the Ctil tural Space and the Additional Arts andCultural Space (collectively releiTed to in this Agreement as the “Property’), namely.

a) The I i nds and prom i ses located in the M un ic i pa Ii ty and Prov i nec of Ontario andbeing part of Ihe kfllowing PINs 21 29—0O04 (LT), 21 2%—Ol 97 (LT),2 l29—Ol9 (LT) and 21 29H—0424 (Li’) and being pirt of (lie lands municipallydescribed as 2—6 Lisgar Street. with the Building to he constructed describedgenerally as follows as more particularly slio n on the Plans and Speci lications:

(A) Upper and Lower Li liii Is

From the centre I inc of (lie floor slab above (lie garage to he constructedhelow the Building to the centie line of the floor slab of the fOurth floor ofthe Condominium to be constructed above the Property. plus that poil ionof the elevator shall and pit within the Building that goes from the firstIl oor of’ the lb I ding to the second level ol’ the garage 01’ t heCondominium and to a point vi thin (lie IOu rt h floor of the Condo in in iii m.

(13) Second and Third Floor Limits

The west, south and north boundaries of the second and third floor of theBuilding shall he from the centre I inc of’ the block wall or drywallseparating the Biulding from the Condominium, subject to the easementsto he created in flivour of (lie Condominium being crcaled adjoimng dieBuilding fOr the purpose of the Condomi nitims utilization ot thestairwells, lire cxi Is, garbage shutes. pipes and similar items and (lilly tothe centre me of the wall dividing the Building train the Condominium.

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IIie west and north boundaries ol’ the second and third floor of theBuild log hunting the proposed park and Abel I Street shall be from theexterior surface of the exterior walls and shall include everything withinthe exterior surhce of the cx tenor walls of the Building being ConstRicted,mcluding the exterior side of the windows and window frames. The eastboundary of the second and Ui ird floor oil he flu 1W ng shil I he taken to theproperty Ii nit abutting Lisgar Street.

(C’) (,nnind/First Flour Limits

The east boundary of the ground 1first floor of t lie Building shall be to theproperty line along Lisgar Street and shall include everything within theexterior surthee of the exterior walls of the Building being constructed.i wi ad I ng the cx tenor side o I the windows and window frames, and wi lbrespect to the west side of the ground/first floor, the limit shall be thecentre line of the d rvwal i or block wall at he rear of the lobby cm thegroundifirst Iloor to he constructed or the Purchaser and separating thefitnld I ng from the Condominium, and with respect to the soil iii boundary,to the centre line of the block or drywall wall separating the Building fromthe Condominium to lie constructed by the Vendor, and with respect to theapplicable portion of the non Ii side of the ground/first floor. I lie limit shalllie to the centre line ol the block or drywall separating the Building fromhe Condom in Liii], subject to the easements to he created in thvour of t lieCondomin itirn fiw the purpose ni the Condomi nitiiii’s utilization of thestairwells. lu-c exits, garbage shutes. pipes and similar items and mutualrighits and easements of support;

and contanung approximately 37,X 15 square feet of space as described in thePlans and Specifications, together with two (2) separate elevators and separatelobby, together with all tixtures, materials, equipment, Ii xed improvements andfinishes as none particularly described in the Plans and Specifications(collectively1 the ‘‘Building’’) to be constructed upon the Property as hereinprovided, the Vendor and Purchaser having agreed that the area to he constructedand boundaries of the Property are us shown on the Plans and Specifications, andit flirt her being agreed between the Vendor and the Purchaser that the Propertyshall include the benefit of such appurtenant easements, rights of way and rightsin the nature of casements over, through, across, on and tinder the Vendor’sLands (as defined n Schedule “B” hereto) as are necessary lbr the support of,access to and egress from, maintenance, repair, operation, installation,construction and reconstruction oL the how of air into and the exhaust from, andallowing ton the oIl loading and on loading of materials and goods related to theoperation of, the Property, including, without I mitat ion, the various componentsand elements of the Property (collectively, the “Benefitting Easements”),

the afbrementioned sale and purchase to he upon and subject to the following terms andconditions (herein rcfCrred to as the “Agreement”).

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I. Purchase Price

The Purchaser agrees that it is responsible to pay to the Vendor a purchase price (the “PurchasePrice”), in lawihI money of Umada. being the sum of ONE MILLION FIVE I IUNDRED ANDSIXTY—TWO TI IOUSAND NINE I IUNDRFD AND SEVENTY—TWO (Si .562.972)DOLLARS. subject to the usual adjustments and the adjustments referred to in this Agreement,nc 111(1 ng wit hou I Ii iiii tat ion, the adj us men ts in paragraph 3(u) and (h) of’ Sc Ii edu Ic ‘‘II’’.

The Vendor and the Purchaser acknowledge and agree that except as otherwise cxpressI’pro ded herei ii. the Purchase Price mci tides all hard costs or construction of I he Additional A risa ml Ciii turn I Space, development charges and all iCes payable in connection with a iw Ii cat ions k a’Permits, but is exclusive of applicable I 1ST and those items I isted in paragraph 3 ol’ Schedule“13’’ and any extras or costs of change orders requested by the Purchaser in writing and agreed toby the Vendor and not otherwise described in (lie Plans and Specifications and/or the 2014 AltusReport.

2. Payment of Purchase Price

The Purchase Price shall be satis fled by the Purchaser giving and the Vendor taking back a FirstMortgage (the “VTB’’) in (lie principal amount oF the Purchase Price. ‘I’he VTI3 shall be (hr aterm of 25 years and shall bear interest at the rate of’ 6% per annum calculated semi—annually.not in advance and shall be repayable in blended monthly paymenls including both prmcipal andinterest in the amount of SI 0,000 per month. The VTI3 shall lie open, when not iii delhult, lhrrepayment iii whole or i ri part without notice or bonus. in the event of partial priiic ipu Irepayment in addition to the monthly payments, the morn hly payment amount w illi 6% interestwill be recalculated by applying an unionization rate based on the number of months remainingin the term to the then oti sL Hd i ng balance fbI lowing the partial principal repayment, so that themortgage will be repaid at Gte end of (he 25th year ot the term. The VTII shall also require thattIlL’ Vendor provide monthly written non heat ions to the City wilh respect to compliance by thePurchaser under 11w V’111, and the Vendor agrees to provide same. 1he Vendor acknowledgesthat the restrict ions to he registered pursuant to Section II S of the Lwn/ Ti//c’s Act, the agreementfor (lie use of arts and cultural space dated on or about the date hereof between the City and thePurchaser (the “Land Use Agreement”) and Ge option to purchase the Property in favour oh’ theMunicipality (collectively, the “City Agreements”), as each are described in the Section 37Agreement will be registered in priority to the VTII and to the extent necessary, the Vendor (andany assignee of’ the Vendor’s interest in the VTB) shall execute any necessary postponements torelleet the respective priorities of the VTB and the City Agreements as described above. ‘fheVTI3 shall Further provide that if the Purchaser has trails tCrred the Property to I he C’ity inaccordance with the terms of the City Agreements, the Vendor shall provide a discharge of theVTI3 to the City immediately upon the transfer of the Property to the City lbr no considerationand the Vendor agrees to provide same. The Vendor and the Purchaser agree that the V’113 shallbe re—registered if the Building is reconveyed by the City to the Purchaser or its successor,provided that the principal amount of (lie new VTB shall he equal to the outstanding principalamount of the VTB at the time it was discharged.

3. Plans and Specifications

The Vendor and the T’urchaser have agreed upon the floor plans and elevations of the llui Idinu asper the prepared architectural plans (the “Plans”) referred to in Schedule “C” and the standard

leatures and speeilieations for the Building as sd out in Schedule ‘‘C’’’ delivered by [lie Vendor tothe Purchaser (the “Specifications’’) and the plans and (I raw 11115 br ;iI I mterior Ii i—up of theBuilding as set otil ir Schedule ‘‘C’’’ (the ‘[IAC Inierior Design and l”inishingSpecitications’’) (such Plans, \Vorkin Drawings (as defined below). TMAC Interior Design andF in i sli ng Spec Ii ca lions a ill! Spec i lie; ii on s he i rig herei nailer collectively referred to as the‘‘Plans and S fi cat 14)11 s’’) a id allot’ I he same have been accepted by bol Ii the Vendor and thePurchaser.

4. P repa rat 01101 Wo rki n Drawl ii s

The Vendor has prepared, at its sole cost and expense, lull archtectural draw ngs, engineeringdraw ngs. Ia ndscap i ng p Ia us and oilier working drawings (collectively Ike “World ii gDrawings’’) in accordance with the Plans and Sped fications. which Working Drawings are morep;irticiil;rly described in Schedule ‘-C’’ and which have been approved by the Purchaser, togetherwith all neccssary applications for hi i Idi ng perinit( s ) and other permits required From [lieMunicipality and all oilier governmental auihorities having jurisdiction (eolleciivcly thePermits’’) to cons true t tI ie Building.

S. Application for Permits

The Vendor shall submit the \\ orkinu Drawings. together with all application Fees, to theMunicipality and all other governmental authorities having jurisdiction.

6. Closinu Date

The transaction of purehise and sale arising from this Agreement with respect to the Buildingshall be completed and the Building sluill he transferred by the Vendor to the Purchaser on thedate which is [lie later oh’: ( i) forty live (45) days after the (late the Condomini u iii is registered(ii) ten (10) days after the [luilding is cleared For occupancy by the Municipality, currentlyestimated to he January 201 5 and (iii) forty—six (46) days having elapsed since the Vendor haspublished a Notice of Substantial Performance with respect to the Building by diem as GeneralContraclor as required by the (‘onstruetion Lien Act and no liens have been i’egisterccl againstI ide to the Building, provided unit noiwithstanding [lie foregoing, i I’ the Closi rig I)ate does notoccur by May 3, 2015 then, subject to any agreement between the parties hereto, together withreceiving the consent of’ the City (Director Real Fstate Services), in each ease, to extend theClosing Date, this Agreement slial I be terminated and of no further force and effect.

The Vendor agrees to use its reasonable coniinercial efforts to advise the Purchaser of’ theintended Closing Date al least iii nety (90) clays pnor to the expected Closing Date.

7. Construction of the Buildinu

The Vendor covenants and agrees to construct the Building with (tue diligence. in a good andworkman like manner and in accordance with and subjecu to the IhI lowing:

(a) the Plans and Specifications and all amendments, revisions, additions,supplements and other changes [hereto which have been approved by both theVendor and the Purchaser and the report prepared by Alms Ilelyar dated Fehmaiy7th, 2014 (the “2014 Altos Report”);

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Ii) any Site Plan Agreement entered 1110 by the Vendor and the Municipality’. thel’erni its and ;tiI laws, by—laws, regulations, codes and other requirements 0 I theMu nieipa lily and all governmental authorities having jurisdiction; and

(c ) the terms and condi lions of Ellis Agreement and all Schedules now or herca 11crattached hereto or incorporated herein by reference.

ri or to the (‘los I Ti g Date. if changes are required to the Plans and Speei 15 eat i oiis by re ison oft heprovisions of codes, agreements or requirements of or administered by the Municipality of anyutility or aiiv other authority. inciudiiig:

a) changes i-equi red after such l’ernii Es and approvals are obtained, but prior to theClosing Date, because of changed interpretations of such codes, agreements orrequ I reinen Is; and

(Ii) changes required after such Permits and approvals are obtained because of actualchanges in such codes, agreements or requl emems alter the date they areob I a ill ed;

regardless ol whether any ol the above won Id be apparent on an inspect ion, and whether or notwit hiii the k nowl edge of t he Vendor or the Purchaser. U len. p roy ided sue Ii changes arc notrequired as a result ol any work undertaken by TMAC with in the Building, all necessary changesshall be iiiade iii the P I a us and Spec i fleat i oiis by the Vendor and shall be pertbrmed inaecorda rice wit Ii the amended Plans and Specifications, but there shall be 110 ncrea so in t liePurchase Price itli respect to atm’ such changes.

8. Substantial Completion

In Ui is Agreemen t (lie Ru ii (Ii ng sli all be deemed to he ‘‘substantially coin p lete’’ vli cii the in ten orwork has been substantially tinished in accordance with the Plans and Specifications so as topermit occupancy thereof in accordance with all laws, by—laws, regulations, codes and otherrequirements of the Municipality and all other governmental authorities having jurisdiction.

Lf any construction lien is registered or asserted in writing against the Property or Building. orany trust fund elai in under tile Cons/rut ‘no/I Lien 4cr. or any other claim in connection with tileBuilding, is made, in each case by anyone for whom the \‘endor is responsible (other than claimsIi at arise out of’ tile wrong fit I, or alleged wrong liii, act or omission of the Vendor), the Vendorshall cause any I ien or claim to be tbrthwith removed and released from thc title to the Propertyand ‘or Building prior to Closing.

9. Closinj Deliveries of Vendor

On Closing, the Vendor shall deliver to the Purchaser the following:

(a) a duly executed, registrable transfer/deed in respect of the Property, with Box 13thereof relating to the Plannmt’ Act compleled by the Vendor and its solicitors.which transfer shall include: (i) a reservation in flivour of the Condominium ofcertain easements br piping and other Condominium intrusions into the Property,or such easements will already have been created in the Condominium

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dec lanhtloil; all(l (ii) the Bene Ii tti ng I ascments or, such I enc 1111 ng Easementsvill have already been created in Lmour of the Property.

h) nil undertakiw to readjust any (emIl on (lie statement of adjustillents in accordancewith this Agreeiueiit.

c) staI tory declaration of an authorized o flicer of tile Vendor confirming that theVendor is not a non—resident of Canada within the mean imw of the Imunu’ Tav it!as 0 I the Closina Date.

(d) Ill assignment of all warranties ill effect in respect of any portion of the Building.

(e) keys to the liul Iding.

(I) “record drawings’’ of the Building, including all electrical and mechanicalsystems.

g) tvo (2) bonn d copies of’ any opera Li ng and ma ill tell ance inanua Is, wil crc at’ ala [lie,for the equipment in tile Building.

(Ii) a clearance certi ticate from the \Vorkplace Safety’ and Insurance Board for tileVendor.

i) a reasonable quantity for each of the flu II ow i tl, in each co lou r a lId pat tern and inlabelled packages: floor finishes, ceramic tile. tvall finishes, paint, wall covering.

(j ) such further documentation relat we to tile comilpletmon of the transactionsapplicable to tile Property as the Purchaser or its solicitors may reasonablyrequire.

10. Schedules

The fbllowlilg Schedules relCn’ed to herein and attached hereto are included tn tills Agreemeiltand tile provisions of’ the same fhrm a part hereof:

Sciledule “A” — Intentionally DeletedSchedule “B” — Terms and Conditions of AgreementSchedule “C’’ — Plans and SpecificationsSchedule “D” — Specific Pernlitted EncumbrancesSelledille ‘‘E’’ — Intentionally DeletedSchedule “F” — Occupancy License — if utilizedSchedule “Ci” — The 2014 Altus Report

11. Purchaser Acknowledgement

(a) The Purchaser acknowledges that it has read anti buy understands thisAgreement and all Schedules hereto and agrees to he hound thereby.

(5) l’he l’ureliaser acknowledges that Ike leLaI description of the Building is subjectto adjuslinent based upon the Ii nal eonst niet ion of the building to be constructedboth above aiitl beside I lie I hi i ding anti the Parking Garage below the 1kw Iding.The Vendor shall he i’esponsihle (br all costs relating to any such requiredamendments.

c ) The Purchaser luther acknowledges that (lie Purchase Price does not include anyparking spaces or Iin’nisliings unless olherwise provided br in this Agreement or(lie Plans and Speci lications.

12. Shared Facilities Ajreenient

The Purchaser acknowledges that it wi I be required to enter into one or more shared tbci Ii ticsagreements (col lectiveiv the “Shared Facilities Agreements’’). which will deline how the(ondon diii u iii and tli e I Li 11(11 ii g and or (lie (‘01 idom ni u iii. the I iii I ding and t lie Toronto ParkingA tithority share some Lici I ities and services the costs related I hereto. It is understood that i heIntent is to mini mite the operation costs to be paid by the I ‘urehaser. For example, the Purchaserwill not be using the condom in iuni parking garage and will riot have access to (lieCondominium’s amenities and l’aeil ities (oilier than eertai ii sped lied shared services). Iniclcli Lion. the Purchaser and the Vendor agree that the Shared Facilities Agreements shall contaInrestrictions providing that no alterations or changes to the exterior Iheade of either the Buildingor the (‘ondoniiiiiuni shall be permitted without (lie other l)irty’s consent (except incircumstances where repairs or necessary replacements arc required), provided thatnotwi t lisL 111(1 I ng the lb rego 11g. at any tin ie toll ow i hg t lie date t Ii at is six (6) mon tli s a tier t lie dateol registration of the Shared laci Ii ties Agreement. [lie Purchaser shall be permitled. at its opt ion,and at its sole cost and expense, and without requiring the consent of the Vendor or theCondomi ni tim corporat on, to retain a Toro ( dating approved contractor to replace the spandrelson the Property wit Ii black coloured spandrels so that they better match tile CX tenor glass o I’ theBuilding and to add exterior lieneli doors anti any related Juliet balcony to (lie centre northtaeade of the litLilding, on the second floor, in each case, so long as all existing warranties aremai ntanied Ibllowing I lie complei ion ol’ such work. Following the execution of this Agreement,(lie Purchaser and the Vendor shall negotiate. in good Ihitli, the Shared Facilil es Agreements, inkeeping with the guiding principles set lhrth above, The Purchaser and the Vendor shallendeavour to settle the Shared Facilities Agreements by no later than May 30n, 2014 (the‘‘Shared Facilities Agreements Deadline’’), fin I ing wInch, at the option of cit her the Vendor orPurchaser, this Agreement shin I I be null and void and ol’ ho hlirther tbrce and aflbct. The Vendorand the Purchaser acknowledge and agree that the final lbrm of Shared Facilities Agreementshall he satisthcloiy to the City (Director Real Fsiate Services), acting reasonably.

13. Geothermal Supply Areemeiit

The Purchaser acknowledges that on Closing it shall enter into a geothermal supply agreement(the ‘‘Geothermal Supply Agreement’’) wi tli the Vendor or an entity a Iii hated with the Vendor.Following the execution of’ this Agreement, the Purchaser and the Vendor shall negotiate. ingood fidtli, the (leotherma I Supply Agreement, wInch agreement will incorporate the principlesset fhrth in Sect ion 4 of Schedule ‘‘B’’ to this Agreement. The Purchaser and the Vendor shallendeavour to settle the Geothermal Supply Agreement by no later than June I Sn, 2014 (the“Geotliernial Supply Agreement Deadline”), failing which, at the option of either the Vendoror Purchaser, this Agreement shall be null and void and of no further force and affect.

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14. As Built Buthhnu

The Purchaser acknowledges I hat it is satisfied wi (Ii the size and as—built local ion and exteriordimensions ol the Iluildi ig constructed to date.

15. (‘liv as Miiii icipality

(a) It 5 acknowledged and agreed by each of the Purchaser, the Vendor and the Citythat 110 (Withstand ng any thing else to the contrary eon tamed herein, any referenceto “parly or “parties’’ in this Agreement does not include the City. The City isnot assuming any obligations under the Agreement and it is agreed ihat thisAgreement does not amend or alter the Section 37 Agreement. The Vendorcovena a ts and agrees iii favour of II ie C ty tInt t in the event tI iat tins Agreeinen t isterminated prior to the completion ol the transactions contemplated therein, theVendor shall enter into a new agreement of purchase and sale with respect to theProperty in flivoor of’ the City, or such oilier party as the City may direct inaccordance with the Section 37 Agreement. ‘Flie Vendor further covenants andagrees that it shall provide reasonable prior written notice to the City prior to anytermination ol’ tlus Agreement by the Vendor.

(Ii) Nothing in this Agreement derogates fioni or interferes with or fetters the exerciseby the City of’ all o C its rights as a mitnic ipal ity, or imposes any obligations on theCity, in its role as a municipality, and the City shall not be prevented li’om orprejudiced in carrying out its statutory rights and responsibilities, includingplanning rights and responsibilities. Nothing in this Agreement derogates from orintertires with or fbtters the exercise by the City’s officers, employees, agents.representatives or elected and appointed of hcials of all of their rights, or imposesany obligations on the (:ity’s oliLcers, employees, agents. representatives orelected and appointed olficials, other than as expressly set out in this Agreement.

(e) No communication or dealing between either the Vendor or the Purchaser and anydepartment. committee. body, o Ulcer, employee, agent, represenhit ive or electedor appointed of licial of the City will he deemed to he a communication or dealingunder the provisions of’ this Agreement between that party and the City as partiesto this Agreement, or to affect the City with notice of any such communication ordealings. It is intended and agreed that the City acts solely in a private capacitytinder this Agreement and any communication or dealing between the City and theother parties to this Agreement will only he effective if delivered in accordancewith the notice provisions set out in this Agreement. No communication ordealing between the City’ as a party to this Agreement and any of’ the other partiesto this Agreement will relieve that party from its responsibility of discharging itslawful obligations to the City imposed by statute, regulation, by—law or in anyother lawful manner separate and apart from the obligations of that party imposedby this Agreement.

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IN Vl’I’NESS WhEREOF the Purchaser has executed tins Agreement this2014.

— day of Ni a cli,

SIGNED. SEALED AND DELIVEREDIn the presence o I:

Authorized by Torontojind East York Community Council,—s__I IC —,Item No ‘.;;-)

is adopted by City of ToçontoCouncil on

City Clerk

TORONTO MEDIA ARTS CLUSTER

Per:

Per:

Nanw:

Name:

ASO

ASOWe hive the auihorhv to hi ad the Corporation

IN WITNESS WHEREOF the Vendor has executed this Agreement this clay of March,2014.

SIGNED. SEALED AND DELIVERED ) EDGE ON TRIANGLE PARK INC.In the

Authorized by Torgpto and East York Community Council, ) Per:Item No IL.ILLJJP 79ft. ‘Vas adopted by City of Toronto ICouncilon..DS’

Marilyn M. .fc.&City Clerk

IN WITNESS WHEREOF the City has executed this Agreement this

o SIGNED, SEALED AND DELIVEREDbct— In the presence of:‘i’tii’;,pd by Notice of otlon

cm it bynsecc’ndodby;.5 riuoptedjjfotjncfl on (ho LrtsJay ot

Marilyn M.

CITY OF TORONTO

Per flQName: M. ST .‘iMANr

DIPECTflRACCUIIYjJNG SERViCE

Per:oç Ult ... Wik’

We hae the authority tqy,dl}91rpomtion

APPROVEft4€ TO FORM

It, 1’J&KNAS1OWSKlS(IIG,!or

ltUIJ v1’-’-SccO- tZc_d1cr U

Name: Alan .SaskinPresident

I have the ,iuthor cy to hinc the corporanon

— day nI March. 2011.

)

Clerk )wAolhoried by Notice ofmoved by...CLLand seconded byas adopted in Council on Meckyof....A 2P1

TH3

Clerk

- IC -

IN WITh ESS WIl EREOF the Purchaser has exeuuted Ibis \LI euliluilt this day oi March.2014.

SIGNEt). SEALED AND DELIVERED ) TORON 10 MEI)I,\ ARTS CLISlERIn the presence 0:

Per: -- -

____

) Nainc:4,s l ;,eA Z4j) /)

Per

______________

) AS()W c Ii [Lu the ai,thnrits to bind the Corporation

IN WIUNESS WIIERKOF the Vundtn has uxuctik’d this \TcLmciil this — day of March,2014.

SRNID, SV\F II) AND DILl VERI u ) i:ncr ors tiu.•scci: \I{K INC.In the pi usuncu

‘er:

______________________________

Name: Alan SaskinPresident

I have the authority to bind the Corporation

IN \V[ItcLss \\IlIRI0I the : hasexccutedthisAgreementthis_day ofMarch, 2014.

SIGNED. SEALEE) AN!) D!1!\ [RI I) ) (Iii ()EIOR()Nl()In the presence ot

))

Per:

___________ ______

) Name:)

Per: Name:)

We have the authority to bind the Corporation

INTENTIONALLY DELITI3D

SCHEDU[E “A”

SCHEI)ULE bbB

The meaning ol words and phrases used in this Agreement and its Schedules shall havethe mean ng as lb II ows:

(a) ‘‘AgiteHiclit” means Ilus Agreeinenl including all Schedules attached hereto andmade a ia ri he reo I.

b) ‘‘Con do iii i TIIIIIU’’ T11L’H 115 ih e pr( posed condommi 11111 I o be construe ted by theVendor on the Vendor’s R ema I ncler Lands, above, below and. TI certa Ti beat ions.adjoining the Property, and currently intended to contain 665 residential units.

(c) ‘‘Government Ant hority’’ means any person, body, department, bureau, agency,board, tribunal. commission, branch or olhce oF any federal, provincial ormunicipal government having or claiming to have jurisdiction over or all ofthe Lands, the transact loll contemplated T ii tills Agreement and1 or one or more ofthe parties hereto and shall include a board or association of insuranceunderwriters

d) ‘‘Inspector’’ means the inspector retrred to in paragraph 39 hereof.

(e) “Project’’ means the Condominium, the Toronto Parking Authority garage andtile Property collectively.

F) “Property’’ means the Building as delined in tile Agreement to which thisScliedu Ic “I V’ is at [ached.

(g) “Vendor’s Lands” means PiNs 21298—0004 (LT), 21298—0197 (LT),21298—0198 (LT) and 21298—0424 (LT).

(II) “Vendor’s Remainder Lands” means thc por ion of PINs 21298—0004 (LT).21298—0197 (ET), 21298—0198 (LT) and 21298—0424 (LT) that is not theProperty excluding lands conveyed to the City of Toronto br a park and roadwidening, hut includes the Parking ( iarage to be conveyed to tile Toronto ParkingAuthority.

Finishes

2. The Purchaser acknowledges tilat only the items set out in the Speci hcations are includedin the Purchase Price. In tile event colours and/or finishes are unavailable, the Purchaseragrees to re—attend at such time or tiThes as requested by the Vendor or its agents, tochoose li-om substitute colours and/or hnisiles. If the Purellaser Rd is to choose colours ortmishes within tile time periods requested, tile Vendor may irrevocably choose thecolours and hmshes for tile Purchaser and tile Purchaser agrees to accept the Vendor’sselect ions.

Adjustments

3. (a) On tile Closing Date, the Purchaser shall he responsible and he obligated to P’Ythe following costs anchor charges in respect to the Property. The Purchase Price

slia II he adj usled to reflect I he following items, winch slial I be apportioned andil lI)Wed IL) the Cl OsiliLt DHIL’, with that day itselF apportioned to the Purchaser:

i ) realty taxes apportioned from the Closi ii Date xvIi ich niay be estimated asI the Property has been assessed as fbi ly completed by the taxingau I ho lily I hr the calendar year in which the Ira nsae lion is coin pleted,notwithstanding I he same may not have been levied or 1iaid on the ClosingDate. The Vendor shall be entitled in its sole discretion to collect from thePurchaser a reasonable est i nate of the faxes on the Closing Date, providedall amounts so collected shall either be remitted to the relevant taxinga uthori t y on account of the Property and the balance re fbnded to thePurchaser by I lie Vendor upon receipt of final tax Iii Its (hr the Property.l’lie Vendor shall he responsible thr the payment of’ any and il I realtytaxes (including additional really taxes that are the subject ofsupplementary notices in respect of the period prior to the (‘losing Date)lbr the period prior to the (‘losing Date.

b) II’ there are chattels involved in this transact ion and not otherwise forming part ofthe Property and not contemplated by the Plans and Specifications. the allocationo I’ the alue of’ such chattels shalt he est mated where necessary by the Vendorand the Purchaser shall, in addit ion to the Purchase Price, pay to the Vendor onthe C losing Date the val tie so at located to the chattels, and lIST thereon may becol lectccl and remitted by the Vendor.

c ) \otwi thstanding any other provision herein contained in this Agreement. thePurchaser acknowledges and agrees that the Purchase Price does not include anyI 1ST cx igible with respect to the Purchase Price and’ or any ol’ the adjustmentspayable by the Purchaser pursuant to Lb is Agreement if’ lIST is applicable, or anyextras or upgrades purchased, ordered or chosen by the Purchaser from theVendor which arc not specilically set fhrth in this Agreement or described in thePlans and Specifications, and the Purchaser covenants and agrees to pay suchlIST to the Vendor in accordance with the Eve/st lax •1c 7.

Provided that the Purchaser may self—assess provided it delivers to the Vendor, onClosing, the lollowing:

evidence that it is a I 1ST registrant and its I 1ST number.

2. an undertaking to self-assess.

3. an indemnity addressed to the Vendor with respect to any 1 1STxhich may he due.

Provided it is understood and agreed that if’ the Purchaser can obtain or arrange anexemption From credit and/or rebate of’ any of the items referred to in thisparagraph 3 and same is credited to the Vendor, (lie Vendor shall not charge thePurchaser for the amount of the exempt ion or rebate received by I lie Vendor withrespect to the Property and included in this paragraph 3.

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In connection with the Purchaser’s I [ST liability as set out itt tins paragraph 3. theVendor will assist the Purchaser by advancing to the Purchaser on the ClosingDate a ii nte rest tree loan (herei ii reFerred to as the “II ST Loa Ii’’) in (he a 111011111hat is req ui red to be remitted to the Can ada Reven tie Agency on iceou ut oft lie

I 1ST cx ig 131 e on the Purchase Price. In liii I sails [tel ui 01. I he repayment of thelIST Loan, the P tire haser shall trans ibr to (lie Vendor the amount that it receives.if any, on account o F any rebate Ihr the lIST paid on (lie Purchase Price lbr which(lie Pure ii aser qua lilies, it being ae k i towledged and agreed lb at it Ili e I ‘tire haserdoes not receive payment of any such rebate amount, then the lIST Loan will beIhrgi yen and the Purchaser will be completely released and discharged iroin anyoh I gat ion to repay the liST Loan. In regard to any such rebate. the Pu re hasevilI Iorthwith Ibllowing the execution olthis Agreement. take the steps necessary’to apply Iör such rebate as is• il lowed under the Excise TLV /I i (Canada) given theuse of the Properly and the Purchaser’s status as either a Non—l’roli t or churl tableorganization within the meaning o I CR1\ ‘ s rules Lhr I 1ST.

I IVAC Euti ipmcnt and Geothermal

4. The ‘vendor acknowledges and agrees that I lie cost of the II VAC equipment with in theProperty shalt he included in the Purchase Price.

The Vendor has installed a geothermal heating cooling system lbr the entire Project,including I lie Condomini urn and the Properly. For clarity, the Vendor will pa’ Ir (andthrough a related entity own) the main plant of the geothermal system for the entireProject (including the Property) and there w i I he no cost at locations to the Purchaser orto the budget lbr (lie construction of the I’roperty with respect to the cost of theacquisition and installation of (lie geothermal system. On or be F we the Closing Date, thePurchaser shall enter into the (ieothennah Supply Agreement with a related entity of theVendor br the supply of geothermal heating and cooling and pay monthly (or the cost ofthe electricity consumed (as measured by nieters or clieek—nieters, installed at theVendor’s cost) in the operation oF the geothermal heat pump(s) used to heat and cool theI kiilding and charges br the supply of heating and cooling on the same basis as theCondominium.

The Property may contain one or more service type units intended to he ul i I ized by thegeo I hernial system, such as heat pu rn ps. and w Iiie Ii u ut ts anti equi pnien t may be locatedwithut the Property bitt are to be owned by the Purchaser. For clarity, the capital costs ofthe acquisition and installation of such geothermal heat pump units and equipment shallhe paid by the Vendor as part of the cost to construct the Building. The costs, if any, thatare associated with the ongoing ownership of the service type units shall he addressed inthe Shared Facilities AgreernenLs.

It is acknowledged and agreed that the Property and the Condominium will share certainliteilities arid services as more particularly described iii the Shared Facilities Agreements.For example, it is intended that there will be one mechanical systeni hr (lie entire Projectproviding heating and cooling. This is less costly than providing two separate systems.A Ihir method of cost allocation will be used to allocate shared operating costs and willhe subject to approval by the I’urehaser and the Vendor, each acting reasonably, andfailing agreement, by MMM Group.

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Ti flu Sea it Ii

5. The Purchaser slut II have a period of Iwo (2) months from the date hereof (the‘‘Lx a 111111 at ion Pu nod’’) to exa liii ne title to the Properly at the I ‘urch user’s own expenseand shall tint call (or the production of any surveys, title deeds, abstracts of title, gradingcerti hicates. occupancy permits or cciii ticates, nor any other proof or cv idence of the titleor oceupyahility of the Building, except such copies thereof as are in the Vendor’spossession. II’ within the hxaininaiion Period, any valid objection to title or to anyoutstanding. work order is made in writing to the Vendor xvIi ich the Vendor slut] I beunable or unwilling to remove and which the Purchaser will not waive, this Agreementshall, itotwithstand ing any intcr ening acts or negotiations in respect of such object ions.be null and void and the Vendor shall have no further I lability’ or obligation hereunderanti shall not he Ii able hr a ii y costs or da ii ages. Save as to any va I id ohj ccli ons so madewit Ii in the ltxamination Period, any requ sit ions macic tiierea 11cr wi Eli respect to newencumbrances anti any matters going to the root of title, the Purchaser shall heconclusively deemed to have accepted the title C (lie Vendor to (lie Propert’.

The Vendor’ s solicitors shall provide a title memorandum to the Purchaser’s solicitor andto the City reflecting the title of the Property as 01’ the end of the month in which thePurchase Agreement was executed and deli crud liv all parties, such title memorandum tobc delivered no later than 30 clays a tier the end 01’ the month in Ii ich the PurchaseAgreement was executed and delivered by all parties.

On Closing, t lie Vc ndo r sin II deliver an u ndert ak i itg to (lie Pure Ii user p ti is ut n t to wh i clithe Vendor agrees to cause any open building perni its aflc I ing the Property to he closedwith iii a reasonable period of ti me fbI lowing Closing, all at the Vendor’s expense, savefor those relating to work done or being done by the Purchaser.

Restriction on Transfer

6. The Purchaser shall only be entitled to obtain a ‘Fransfer;Decd of the Property on theClosing Date engrossed in the name of the Purchaser as shown on the (bce of thisAgreement.

Title

7. (a) The Purchaser agrees to accept title to the Property on the Closing Date subject tothe following:

(1) the Shared Facility Agreements;

(ii) registered restrictions or covenants that run with the Property, includingany encroachment agreement(s) with any governmental authorities oradjacent land owner(s), provided same do not restrict the use of theProperty for the Purchaser’s intended purposes arid provided same havebeen complied wit Ii.

(iii) easements, rights—of—way anti/or licenccs now registered (or to heregistered hereafter) br the supply’ and installation of utility services,drainage, telephone services, electricity, gas, storm and/or sanitary sewers,

waler, cable television ittid/or any other service(s) to or for the benefit ofthe Property (or to any adjacent or neighbouring properties), including anyeasement(s) which may be required by I he Vendor (or by the owner of theadj 0 in i ng property, if not one and t lie same as the Vendor), or by anyowner(s) of adjacent or neighbouring properties, for servicing and/oraccess to (or entry from) such properties, (provided same do not cause timPurchaser to incur any costs or restrict the use of the Properly (hr thePurchaser’s intended use), together with any easement and cost—sharingarcement( 5) or rec proeal agreenicnt( s) coil ii mii ng (or pertaininu to) anycasement or right—oh—way I’or access, egress. support anti or servicingpurposes, slairwells, lire exits, building systems anti/or pertaining to theshari ig of any services, ihci I ties mid/or amenities with adjacent orneighbouring property owners, provided that any such caseiiient andcost—sharing agreements or reciprocal agrecziients are ( nso (hr as theobligations thereunder pertaining to the Properly, or any porti on thereolare concerned) eoinp lied w i lh as at I lie Closing Dale;

‘v ) regislered municipal agreements and registered agreements with publiclyregulated utilities and/or neighbouring owners including withouthim it at ion, any core servicing, development, site plan, subd iv is i oil,cng i lice ring and/or ot icr in tin i ci pal agreemel it (or si ill I ar ag ccmen t sentered into i th any go erninental authorities). (provided same do notcause the Purchaser to incur any costs or restrict the use of the. Property (hrthe Purchaser’s intended use)jwi tli all of’ such agi’ceinents beinghierei nailer collectively referred to as the “Development Agreements”),prov i tIed lb at same are complied w i di as at the Closing [)ate, or see u ri lyhas been posted in such amounts and on such terms as may lie l’eqllired bytile governmental au t hon ties or by (lie parties to such I )eve lopmenAgreements, to ensure compliance therewith and/or I lie completion of anyoutstanding obligations thereunder:

(7) the Specific Permitted Encumbrances listed in Schedule “D’’, provided thesame have been coinpl icd with; and

(vi) the Geothernial Supply Agreement.

(Ii) It is understood and agreed that wit bout I imi I ing the Purchaser’s rights tinderparagraph 4 of this Schedule ‘‘[3’’, the Vendor shall not he obliged to obtain orregister on title to the Property a release of (or an amendment to) any of theaiorcnient ioned casements, I )evclopmcnt Agreements, reciprocal agreements orrestrictive covenants, nor shall the Vendor he obliged to have any of same deletedfrom the title to the Properly, and the Purchaser hereby expressly acknowledgesand agrees that (lie Purchaser shall satis!’ ilsel las to compliance therewith. ThePurchaser agrees to observe and comply with the terms and provisions of theDevelopment Agreements, and all restrictive covenants registered on title insolhras they relate to the Property, providcd there is compliance with subparagraph (a)herein. The Purchaser further acknowledges and agrees that the retention by theMunicipalIty, or by any of the other governmental authorities, or ptirstiant to anyof (lie Development Agreements of security (e.g. in the form of cash, letters of

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credit, a performance bond, etc.) in tended to guarantee the ii 1111 I men! of at tyout stand i itg oH i gut ions under the Dew] opmen I Agreemen Is sh; ill, for I hepurposes ol the purchase and sale transaction contemplated hereunder, he deemedlo he saLt S lactory compliance wi Lii the terms and provisions of’ the DevelopmentAgreements and any rellinds or releases of same sirn II remain I he property 01. theVendor. The Purchaser also acknowledges that I lie w res, cables and fittingscomprising the cable television system serving the l’roperty are (or may be)owned by the local cable television supplier.

e ) The l’ttrchaser covenants and agrees to consent to the matters rel1rred to instihparagriipli 7(a)( i ), ( ii), (iv) and ( v) hereof and to execute all documents anddo all things requisile fbr this IRirpose. either before or after the Closing Date,provided same do not cause the Purchaser to incur any financial cost, save forthose tinder the Shared Facilities Agreement and or 11w shared services,obligations for sLipport and repair and similar items and the Geothermal SupplyAgreemen!.

(d) The Vendor shall be eutit led to insert in the Trans icr/Deed of Land, specificcovenants by the Purchaser pertaining to a iv or all of the permitted restrictions,easements, covenants and agreements ittrred to herei ii and in such case thePurchaser may be required to deliver separate written covenants ott Closing. If’ sorequested by the Vendor, the Purchaser covenants to execute all documents andinstruments required to convey or confirm any of the easements, I icences,covenants, agreements, and/or rights required pursuant to this Agreement andshall observe and comply with all of the terms and provisions therewith. ThePurchaser may he required to obtain a similar covenant (en lbreeahle by and infit vo ui 0 the Vendor), in any agreement entered i it to be Lw ccii the Purchaser antIany subsequent tramis feree of the Property.

S. The Purchaser acknowledges that the Property may be eneutitlicred by mortgages (andcollateral security thereto) in Ihvour of a corporation incorporated pursuatit to the Trustand Loaii Conzpani&’s J<t (Canada). a Chartered Bank. Trust Company. Credit Union.aisse Popula i i.e or Insurance Company which are not intended to he assumed by thePurchaser and that the Vendor shall not he oh! iged to obtain and register (partial)discharges of sitclt morlgages insolitr as they affect the Property on the C losing Date. ThePurchaser agrees to accept the Vendor’s solicitors undertaking to obta i and register(partial) discharges of such mortgages in respect of the Property, as soon as reasonablypossible aIer the Closing Date, subject to the Vendor or its solicitors providing to thePurchaser or the Purchaser’s Solicitor the Ibllowing on the Closing Date;

(a) a mortgage statenteitt or letter from the mortgagee(s) confirming Ihe amount, ifany, reqwred to he paid to the mortgagee(s) to obtain (partial) discharges of themortgages with respect to the Property’;

(h) evidence that the Vendor has delivered such amounts to the mortgagee(s) (or towhomever (lie mortgagees may direct) on the Closing Date to obtain a (partial)discharge of the mortgage(s) with respect to the Properly; and

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(e) an tinderlakiiig Irom ih2 Vendors SOlIcitOr to deliver such amounts to tIemoi’Igaeees and to reister Ilie (partial) discharge of’ the mortgages with respect tothe Properly upon receiPt thereol and within a reasonable time following the(‘losing Date, but in any event no later than sixty (60) days alier the Closing Dale,antI to advise the Purchaser or the Purchaser’s Solicitor concerning rcuistrat ion‘ni iii C ti I a rs.

hit’ Planning Act

9. This Agreement and (lie transaction arising lliereli’oin are conditional upon compliancewith the provisions of Section 50 oF the Pkniiihn rh!, R.S.O, 1990. eR 13 and anyamendments thereto on or be lore the (losing Date which shall be pursued by the Vendorat its expense in good thit h and wi Lb its reasonable commercial elThrts.

Closing

ID. The Purchaser acLno ledges and agrees that the (‘losing Date set out in paragraph 6 ofthe Agreement to which tIns Schedule ‘‘Ii’’ lbrnis part of’ is a tentative (‘losing Date. TheVendor agrees that it sli all provide writ ten notice ( the “Notice’’) to t lie I urehi user 01. I lieconhrmed (‘losing Date being a date selected by the Vendor in accordance withparagraph 6 o l the Agreement to which this Schedule ‘‘13’’ forum part, at least forty—live(45) clays betore the date identified in the Notice.

Purchaser’s Covenants, Representations and Warranties

The Purchaser covenants and agrees that this Agreement is subordinate to and postponedto any i non gages i im nged by the Vendor and any a] vu nees thereunder from time to Ii me,and to any easement, license or other agreei nen t concerning the Property. The PurchaserRather agrees to consent to and exeeu Ic all documentation as may lie required by theVendor in this regard within lye (5) clays of’ the request fir same and, failing suchconsent and/or execution atier live (5) clays prior written notice, the Purchaser herebyrrevoeably appoints the Vendor as the Purchaser’s attorney to execute any consents oroilier documents required by the Vendor to give e (‘feet to I Ii is paragraph. The Purchaserhereby consents to the Vendor obtaining a consumer s report containing credit and ‘orpersonal in Formation fir the purposes of’ this I ransact ion.

12. The Purchaser eovenatits and agrees not to register this Agreement or notice of thisAgreement or a caution, certi licate ol pending litigation, Purchaser’s Licn, or any otherdocument providing evidence of Ibis Agreement against title to the Property anti lhrtheragrees not to give, register. or Iierniit to be registered any encumbrance against theProperty. Should the Purchaser be in delault of’ his obligations hereunder, the Vendormay, as agent and attorney of the Purchaser, cause the removal of notice of thisAgreement. caution or other document providing evidence of’ this Agreement or anyassignment thereof From the title to t lie PropertY’. In addition, the Vendor, at its option,shall have the right to declare this Agreement null and void in accordance with theprovisions of paragraph IX hereof The Purchaser hereby irrevocably consents to a courtorder removing such not ice ol’ this Agreement, any caution, or any oIlier document orinstrument whatsoever from title to the Building and the Purchaser agrees to pay all of

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the Vendor’s costs and expenses in olittn nine such order ( i nd tiding the Vendor’sSolicitor’s kes on a solicitor and client basis).

I 3. The Purchaser covenants and agrees that I slial I not directly or ilk! wetly object to oroppose any Li Ilic ia I plan amendment(s). rev.on ing application(s), severance appl cation(s),milor ‘ arianee application(s) and or site plan app! ication( s), or any other applicationsa ic i I a ry tli e ic to relating to I he dcv el opment oF the I ‘roperty, or any neigh bouri ng oradjacent lands, provided same does not cause the h’urchaser to incur any costs or restrictthe use oF the Property. The Purchaser Ilirther acknowledges and agrees that this covenantmay be p I eaded as an estoppel or bar to any opposition or objection raised by (lieI ti rclu iser lb ereto,

Te liii in ii tb ii With a ti t Defa nit

I 4, In the event tli is Agreemijent is (cmii nated through the tim It ol’ the l’urchaser, the Vendorsli all not be oh ligated to return any monies paid by the Purchaser or 11w optionalupgrades, changes or extras ordered by the Purchaser. In no event shall the Vendor or itsagents be I iable Ibr any daniages or costs whatsoever and without I nut big the generalityoF the tbregoi ng. 11w any monies paid to the Vendor tor optional upgrades. changes,extras, tlr any loss of hargai ii. Ibr any relocating costs, or For any prolessiona I or otherIbes paid iii i’elat ion to t Ii is transaction. Tli is provision may he pleaded by the Vendor as acoiup lete de Ibuec to any such claim.

Ucla s

I 5. II’ the Property is substantially completed fhr occupancy by the Closing Date or anyacceleration, cx tension I hereo F in accordance with Lii is Agreement. this transact ion slial Ibe completed on s Li cli date notwithstanding that t lie Vendor has not liii ly completed theProperty and the Vendor shall complete such outstanding work required by thisAgreement wit lii ii a reasonable time alter the Closing Date, havi ig regard to weatherconditions and the availability of labour and materials,

ltil!ht of vntry

16. Notwithstanding the Purchaser occupying the Property being completed on the ClosingDate, the Vendor or any person authorized by it shall lie entitled at all reasonable timesand upon reasonable prior notice to the Purchaser to enter the Property in order to makeinspections or to (IL) any work or repair therein or thereon, in each case, which may bedeemed necessary by the Vendor in connection with its obligations to the Municipality orany Lilihily provider in connect ion with the Property or pursuant to the Warranty sectionlollowing. Any damage caused to the Property as a result of such right of entry shall bethe sole responsibility ol’ t lie Vendor and the Vendor slial I indcmni fy and save harmlessthe Purchaser in respect thereof: A right of entry in favour of the Vendor ibr a period notexceeding live (5) years similar to the foregoing may he included in the ‘l’ransflr!Deedprovided tin the Closing Date and acknowledged by the Purchaser at the Vendor’s solediscretion.

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üccnpaiicy

I 7. The Property shall he deemed to be substantially completed when the interior work hasbeen finished to the iuininmiu slandurds allowed by the Municipality so that all of thel’ropertv may be lawfully occupied notw thstanding thai there remains oilier work wi lb inthe Properly to be completed. The Purchaser shall not occupy the Property tint I theMunicipality has permitted same or consented thereto. if such consent is required. TheI ‘urchaser shall not require the Vendor lo provide or produce an occupancy penn it.certificale or authorization Iloin the Municipality, and the Purchaser shall satisfy itself inthis regard. The Purchaser aek nowledi.tes that the tail tire to complete I he Property beforethe Closing Dale shall no I be deemed to he lh ii tire to coin p lete the Property and theI ‘urchaser agrees to complete this transaction notwithstanding any clai iii submi tied to theVendor in respect ol apparent dehcicncies or incomplete work pros aled. always, thatsuch incomplete work does not prc ent occupancy of’ the Property as, otherwise,periiiitted by the Municipaliiv.

I)efault

I S. In the event that either party’ hereto (a “Defaulling Party’’) is in delb nil with respect toany of its obligations contained in this Agreement and liuls to remedy such delimItlbrthwitli. if such clefitult is a nionetan defaull and/or pertains to the execuflon and(tel very of documentation required to he given to the non—del hulLing parly (the “Non—DelimIting Party’’) on the Closing Date, or within live (5) days of’ the DelimIting Partybeing so nolihed in writing with respect to any other default. then the Non—DelimItingParty, in addition to (and without prejudice to) any other rights or renied ies available tothe Non—Delimiting Party (at law or in equity’) may, at its sole option. utii laterally declarehis A greet nen I In he term nated and of’ no Ilirt lie r flute or e fleet, whereupon, in I lie casewhere t lie Purchaser is the Delimiting Party, all monies paid for any extras or changes tothe l’roperty, shall be retained by the Vendor as its liquidated damages, and not as apenalty, in addition to (and without wiui to) any other rights or reinedi es available tohe Vendor at law or in equity and the Purchaser shall execute such releases and any otherdocuments or assurances as the Vendor may require. in order to cotifirin that thePurchaser does not have (and the Purchaser hereby covenants and agrees that it does nothave) any legal, equitable or proprietary interest whatsoever in the Bui Wing ancVor IheProperty (or any portion thereol) prior to the completion of this transaction and t liesatisfaction of the Purchase Price as hereinhefore provided, and in the event the Purchasertitils or rcl’uses to exeeule same, the Purchaser hereby appoints the Vendor to be his orher lawful atlorney in order to execute such releases, documents and assurances in thePurchaser’s name, place and stead, and in accordance with the provisions ol’ Thu Pu WLIWu/’Attornc’v Act, R.S.O. 1990, as amended, the Purchaser hereby declares that this powerol attorney may be exercised by the Vendor during any subsequent legal incapacity oiithe part of the Purchaser.

Applicable Laws

(9. The Purchaser acknowledges that the Building and all other improvements forming partof the Property and to he provided hereunder will he constructed to Ontario BuildingCode requiremetits at the time of issuance of the building permit and this Agreement andthe Plans and Specifications. The Purchaser covenants and agrees the Purchaser shall

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have no elm ins aga nsl I he Vendor for any equal. higher or better standards oFworkmanship or mal crials. The Purchaser a rees thai the loregoing may be pleaded bythe Vendor as an esioppel in any act ion brought by the Purchaser or its successors in I itieaga inst the Vendor, The Vendor may. rotu [I Inc to lime and subject to the approval oF thePure hase r • s arch I ect, nol to be on reasonali ly wit Ii held, change, vary or mod i S’ at theinstance o I’ any governmental authority or because oF site condit ions the bti i Idingspecilicatioils or site plans ol any part oF tile Ru dmg, to conlorm with any municipal orsue condition rcqtiieiiients related to building codes. ollicial plan or oihcial plan, zoningby—laws. municipal or sue plan approval or site conditions. Such changes niay be In thePlans and Specifications and or Working Drawings, only if required due to the mattersreferred to ill the preced hg Section.

Risk

20. The Property shall be and remain at the risk oF the Vendor until the Closing Date. IF anypart oF the Properly (including the Riniding) or Ihe adjoining (‘ondoniiniuin is damagedl,efhre the Closing Date, the cost of repairing same exceeding $500,000, the Vendor mayiii its sole disc ret on ci tlier term nate th s Agreement or make sue h repairs as arenecessary to complete U us transaction. it beu ng understood and igreed that all insurancepolicies and the proceeds thereof are to be Ihr the benefit of the Vendor alone.

Consulta nts -

2 I . The Purchase Price inch tides the consultant costs fhr the Purchaser that have already beenidenti lied by Altus I lelyar in the 20 11 Altos Report. The Vendor has a complete team ofarchitects and engineers who s’ili prepare working drawings thr the cnlire Project andwill he the arehilcet and engineer of records. The ‘vendor will absorb their costs as partof the Project and not include this cost in the Purchaser’s budget.

It is understood that the Vendor is providing the Property but shall not he responsible tbror involved in t lie day—to—day operations ot’ the Purchaser or the annual opera! I au costs.Therelbic, the Vendor’s commitment with respect to pie—approved consultant’s costs isonly with respect to the design and construction ol’the Property.

22. The Vendor shall not be required to pay br professional consultants and advisorsretained to provide advice to the Purchaser with respect to the Purchaser’s corporategovernance or structure, or operations.

(;eiicrl

23. The Vendor shall provi (be a stat u tory declaration on the Closing Date that it is not a non —

resident of Canada within the meaning of the fin vint’ Tax Act (Canada).

24. The Vendor and Purchaser agree to pay the costs oF registration oF their own documentsand any tax in connection therewith.

25. The Vendor and the Purchaser agree that there is no representation, warranty, collateralagreement or condition alTheting this Agreement or the Property or supported herebyother than as expressed herein in writing.

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26. TIns Auieeinen I antI its acceptance is to be react with at I changes of gender or numberreqti i red by the context anti I he terms, provisions and conditions hereol shall be for thebelie 01 of anti be hi nding upon (lie Vendor and the Purchaser, and as the context cii thisAgreement permits, the Vendors respective permitled assigns, trustees, successors andass gns antI I lie Pu re ha se r.

27. The Purchaser accepts the exterior dimensions of the Building as constructed as of thisdale.

2 ( i) The pail i es Va ye persona tender and agree that tender, iii t lie absence of anyother mutually acceptable arrangement and subject to the provisions of paragraph2’) oF (his Agreement shall he validly made by’ the Vendor upon the Purchaser, bya representative o I’ the \:endor attending at the o [flees ot I larris. Shea lThr. LI_P at12:00 noon on the Closing Date and remaining there until 4:30 p.m. and theVendor is ready, willing and able to complete the transaction. In the event thePurchaser or Ins Sol ici (or liii Is to appear or appears and liii Is to close, suchattendance by [lie Vendor’s representative shall be deemed satisfactory evidenceI hal the Vendor is ready. tvi II ing and able to complete the sale at such time.I ‘ay me nt shall be tendered by c cr11 fled cheque drawn on any Canadian eli i rteredbank and/or wire transfer from same; and

(Ii) It is Further provided that. notwithstanding subparagraph 2Xe) hcreol in the eventthe Purchaser or Ins Solicitor advise the Vendor or its Solicitors, on or before the(‘losing Dale that tile I ‘urchiaser is unable or unwilling to coniplete the purchase.lie Vendor is re Ii eyed of any oh ligation to make any fbrma I tender upon t lie

I ki [chaser or hi s Solicitor and may exercise tb rt]iwith any and all of its right andremedies provided br in this Agreement and tit law.

29. As the electronic registration system (hereinaflet’ referred to as the “Teraview ElectronicRegistration System” or “‘FERS”) is operative in the applicable Land Titles 0111cc inwh cli the Property is registered, then at the option oF the Vendor’s solicitor, theto (towing [OV i sions shiI I prey a it:

(a) The Purchaser shall be obl iged to retain a lawyer. who is both an authorizedTI R S user and in good standing with the Law Society of’ Upper Canada torepresent the Purchaser in connection with the completion of’ the transaction, andshall authorize such lawyer to enter into an escrow closing agreemeilt with theVendor’s solicitor on the lLitters standard Ibrm (hcreinallcr relbrred to as the‘‘I tscrow Document Registration Agreement’’), establishing the procedures andtiniing Fur completing Ibis transaction and to be executed by the Purchaser’ssolicitor and returned to the Vendor’s solicitors at least ten (10) days prior to theClosing Date.

(h) The cleliveiw anti exchange of documents, monies and keys to (lie Building andthe release thereof to the Vendor and the Purchaser, as the case may be:

i) shall not occur contemporaneously with the registration oF theTransfer/Deed (and olher registrahie documentation); and

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i ) shall he governed by [lie I tscrow [)oeumenl Registration Agreement.pursuant to which the solicitor receiving the documents. keys amtorccrtilied kinds will be required to hold same in escrow, and will not heentitled to release same except iii strict accordance vi Lb the provisions of’the Escrow Document Registration Agreement.

(c) IC the Purchaser’s lawyer is unwilling or unable to complete this transaction viaTI RS, in accordance wi Ui the provisions contemplated under the I :scrowDoeuiiieiii Registration Agreement, then said lawyer (or the Liulliorized agentthereof) shall be obliged to personally attend at the ofIce of the Vendor’ ssolicitor, at such time on the scheduled Closing Date as may be directed 1y theVendor’s solicitor or as mutually agreed upon, iii order to complete thistransaction via TERS utilizing the computer Facilities in the Vendor’s solicitor’sollice. and shall pay a le as determined by the Vendor’s solicitor, actingreasonably for the use ot the Vendor’s computer tiicilities.

(d) The Purchaser cx press ly Lie know ledges and agrees that it will not be entitled toreceive the Transfer/Deed to the Property for registration until the balance ofFunds due on C los1 ng. in icconlanee with the stLmteluen 1 o I’ adi ustments, ile eitherremitted by certi lied eheclue via personal delivery or by electronic funds transferto the Vendor’s solicitor (or in such other manner as the tatter may direct) prior tothe release of the Transfer/Deed 11w registration.

e) I ac h ol - the parties lie re to agrees that the delivery of any doe iii nents not iii tendedbr registration on title to the l’roperty may he delivered 10 the oilier parly heretoby tele fix transmission (or by a similar system reproducing the original or byelectronic I ransinission ol’ electronically signed documents through the Internet),provided that all documen ts so transmitted have been duly and properly executedby the appropriate part iessignatories thereto which may be by electronicsignature. ‘Ike party transmitting any such document shall also deliver the originalof same (unless the doetnuent is an elect ron cal ly signed document) to therecipient party b) overnight courier sent the day ol’ Closing or within 7 businessdays of Closing, ifsame has been so requested by the recipient party.

(I) Notwithstanding anything contained in this Agreement to the contnuy, it isexpressly understood and agreed by the parties hereto that an eflbelive tendershall be deemed to have been validly made by the Vendor upon the Purchaserwhen the Vendor’s solicitor has;

(I) delivered LIII closing documents, keys and/or hinds to the Purchaser’ssolicitor in accordance with the provisions of the Escrow DocumentRegistration Agreement

(ii) advised the Purchaser’s solicitor. in writing, that the Vendor is ready.willing and able to complete the transaction in accordance with the termsand provisions of this Agreement; and

(iii) has completed all steps required by TIERS in order to complete thistransaction that can he pertbrmed or undertaken by the Vendor’s solicitor

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without the eoopenilion or parlieipation ol the Purchaser’s solicitor, andsped Ii cal lv when the ‘‘cotupleleness sigiiatorv for t lie transfer/deed hasbeen eleetronic;il ly “signed’’ by the Vendor’s solicitor;

witlioul the necessity of personally attending upon the Purchaser or thePurchaser’s solicitor wit Ii the al’oreinent joned documents, keys and or hinds, andwit Ii 0111 a ii v ‘eq LII re ne nt to ha v can independent witness evidencing thelorego i ng.

30. This Agreement shall lie governed liv and construed in accordance with the laws of theProvince of Ontario.

3 I . The headings of’ this Agreement form no part hereof and are inserted fbi’ convenience ofrefbrence only.

32. I aeh ol’ the provisions o I’ [Ii is Agreement sha I he deemed independent and severaii Ic andthe invalidity or itnen torceabil fly in whole or in part of any one or more of suchprov sions shall not be deemed to impair or a fleet in any manner the va hidi ly,enlbrceability or effect oh the reiiiainder oI’this Agreement, and iii such event all the oilier

of this Agreement shall eonti ntie in lull force and e fleet as if such i nval it]frovi sion had never been i nd tided herein.

N of ice

33. Any notice given pursuant to the terms of this Agreement shall he deenied to have beenproperly given if it is in writing and is delivered by hand. ordinal) prepail post orlhesiini le transmission to the attention of the Purchaser or to the Purchaser’s Solicitor totheir respective addresses indicated herein, to the attention of the City to its addressi nil icat ed hei’ei ii and to I lie Vendor at I 20 Lynn Will i a ins Street. Su te 2 A. Toronto,Ontario, M6K 3N6. or to the Vendor’s Solicitor at the address indicated in thisAgreement or such other address as may I’rom time to lime be given by notice inaccordance with the foregoing. Such nolice shall be deemed to have been received on theday it was delivered by hand or one day fbI lowing Iliesinule transmission and upon thethird dliv following posi big, excluding Saturdays. Sundays and holidays.

Material Uhanije

34. The Purchaser acknowledges and agrees that the Vendor may, from ti me to t I inc due tosite conditions or constraints, or in order to comply ith the Ontario Building Code. I lieBy—Laws of the Municipality, tile Zoning By—Law Ihr the Property’, any inspector oroihcial employee of the Municipality. iichtiding the F ire Department or any request orrequirement of any oh’ the governmental authorities (or the Vendors architect solelybecause of’ site conditions) and/or utility provider, aiid subject to the approval of (liePurchaser’s architect, not to be unreasonably withheld:

(i) change, vary or modify the Working Drawings pertaining to the Property,or any portion thereof’ (i tie I Lid ng architectural, st ruc (Lint I. engineering,landscaping, grading, mechanical, site servicing and/or other plans andspecifications) from the Plans and Specifications;

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and hat the Purchaser shall have absolutely no claim or cause of acLioti whatsoeverinst the Vendor ( whel her based or Ihunded in contract, tort or iii equity) thy any such

clia nges, (IC I cii oils, al Ic ni Lions or mod liciit ions, nor sin II the I ki rchascr he en I ti cci to anyabatement or reduc Lion in Lhe Pure Ii ase hi cc win (soever as a consequence t hereo I norany not ice Lherco I’ (tin less any such change. delet ion, alteration or modi heat iou to the sit idPlans and Spec Heat ions is material in nature and a llècLs the characler, use or value ol theProperLy. n which case the Vendor shiti I he obl igcd Lo notify the Purchaser in wri Ling 01’such change, delci ion, a I Icrat ion or modi I icution as soon is reasonably possible a tier theVendor proposes to i niplement same, or ot herwise becomes aware ol same), and hereany such change, deletion. alteration or moth heat ion to the said Working Draw ngsand/or Plans a nil Specifications is material in nature, the part es Ii ereto agree to atte Ill Pt 10sell Ic the mailer expeditiously and in good ihuth, each ad tag reasonably.

If’ changes are required to the Plans and Spcci heat ions by reason of’ the provisions of’codes, agreements or requircnicnLs of or administered by the M uuiicipul ity or any u Li I ityor any oilier auLhori ly. including because ol’ changed interpretations of such codes.agreements or requirements and because of actual changes in such codes, agreements orrequ i reinents a tier I he daLe they arc obtained, then all necessary changes shall be made inlie I ‘Ian s and Specifications by the Vendor and the construct ion of’ t lie Property sha I beperformed in accordance with the amended Plans and Specifications, which amendedi’lai is and Spec i ficat ions shall be sub jec.t to the approval ui the Purchaser’s architect, notto be unreasonably wi Lhhcld, but there shal be no nerease in Lhe Purchase Price withrespect to any such changes. This obligation shall end at I lie earl icr ol’ substantialcompletion ot the Property or completion of construction of’ any portion oh the Propertynot requiring by law an update to such changes in codes, et ELI

Cause of Action/Assinincnt

35. (a) Tile Purchaser acknowledges and agrees that notwithstanding any rights which itniiglit otherwise have at law or in cqui tv arising out of this Agreement. thePurchaser shall not assert any of’ such rights, nor have any claim or cause of actionwhatsoever as a result of’ any matter or thing arising under or in coimeetion withthis AgreciiienL (whether based or Ihiunded n contract law, tort law or in equity,and whether fhr innocent misrepresentation, negligent misrepresentation, breachof contract, breach of fiduciary duLy, breach of constructive trust or otherwise).against atiy person, firm, corporation or other legal entity, oilier than the legalentity specifically named or defined as the Vendor herein, even though theVeuidor may he (or may ult mately he Ihund or adjudged to he) a nominee oragent ot another person. firm, corporation or other legal entity, or a trustee thr andon behalf’ of’ another person, Lirm, corporation or other legal entity, and thisacknowledgment anti agreement may he pleaded as an estoppel and bar againstthe lkirchaser in any action, suit, application or proceeding brought by or onbehalf’ of the Purchaser to assert any of such rights, claims or causes of act onagainst any such third parties.

(b) At any time prior to the Closing Date, the Vendor shall he permitted to assign thisAgreement (and its rights, benefits and interests hereunder) to those partiesproviding finaneuig to the Vendor.

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Non—Mercr

36. The covenants and agreements ol each of’ the purl cx hereto sin! not n ierge on the(.losing l)ate, but shall remain in I’ulI force and effect according lo their respective terms,until all outstanding obligations of each of the part es hercto have been duly per!hrmed orCii ii led in accordance with the provisions of lb is Agreement. No F trthcr writtenassurances evidencing or confirming the non—merger of I he covenants of either of thepail ies hereto shall be required or requested by or on behalf of either party hereto.

Notice/Warniiiu Provisions

37. (a) The Purchaser acknowledges that it is an lie ipated by the Vendor that inconnect ion vi th the Vendor’ s appi eat ion to (lie appropriate governmentalauthorities for dra ft plan of eondonii mum approval of the adjoining propertycertain requirements may be imposed upon the Purchaser by variousgovernmental authoni ics. These requirements (the ‘‘Req uireiucnts’’) usuallyrelate to warning provisions to be gi ‘en to purchasers in connection withenvironmental or other concerns (such as warnings relating to noise levels, theproximity of’ the Property to 1 nijor street, garbage storage and pickup, schooltransportation, and xi ni lar matters). Accordingly, the Purchaser may he requiredon the Closing Dale to execute any and all documents requ i red acknowledging,inter al ia. that the l’urehaser is aware of’ the Requirements without in any waya [feet i ng this transact ion.

(b) The Purchaser acknowledges and agrees that the Vendor (and any of itsauthorized agents, representatives and/or contractors), shall he pen iii tted to enterthe Property after the Closing Dale. from lime to Ii me, on reasonable prior noticein order to enable the Vendor to correct outstanding deficiencies or incompletework fbi which the Vendor is responsible. The Purchaser may refuse entrv,unless same is a requirement ol any governmental authority, and the Vendor willthereafter be released from any obligation to correct any deficiency for whichentry was requested and retbsed.

(c) The Purchaser is hereby advised that:

(i) Noise levels caused by the cooling tower and/or emergency generator,hank of elevators, garbage chutes, mechanical equipment, move—in baysand ancillary moving liiciln ies and areas, servicing the Property and;or theCondominium and by the Condotnini um ‘ s indoor rcereati on thci lilies, ifany, may occasionally cause noise and i neon yen i enee to I lie rex i dent i a Ioccupants;

(ii) as and when any units in the Condominium are being completed and/ormoved into, excessive levels of’ noise, vibration, dust and/or debris arepossible, and same may accordingly temporarily cause noise andinconvenience to the occupants of the Properly; and

(iii) if and when the Condominium being constructed above the Building isunder construction, excessive levels of noise, vibration, dust iid1’or debris

— 6 —

are possible. and same may accordingly teniporitri ly cause noise andinconvenience to the occupan Is of the Properly.

(U) The Purchaser s advised that, despi Ic the i nelus ion of noise control fi2atures in thedevelopnient and with n the Property, sound love Is (tile to I ncrc’asing veh icu arIra Ifie on Sudhuiy Street. Abel I St reel and TIC’ fici hties may occasionallyinterfere with sonic activities of the occupants as the outdoor sound levels exceedthe noise criteria of the Municipality and the Ministry ot’Ihe ltnvironmenL

e ) The I ui Id jag has been supplied wit ii a ceifiriti air conditioning system which willallow windows and exterior doors to remain closed, thereby ensuring that theindoor sound levels are within the criteria of’ the Mimic ipal ity and the Ministry ofI nvironment.

f The Purchaser is acl’ ised that due to the proximity of’ any adjacent i ndusln’, soundlevels twIn such indusiries may at times be audible.

(g) Prox iiii ty to the Type (I loading htei I ities and noise from garbage loading andmovmg activities may occasionally interl’ere with some activities of the Propertyoccupants.

(h) “WARNING: Canadian National Railway Company (“CN’’) and/or GO Transitor its or their assigns or successors in interest have or may have riglits-ol—waywith n 300 lucId’s fi’oni the land the subject hereof There may he tei’aI ions to orexpansions of’ the rail ftc il ities on such rights—of—way in the future, including thepossibility that CN and/or GO Transit or its or tliei r assigns or successors asa I bresa i ci or VI A R a I Canada Inc., may cx pand ts or their operations, wh i cliexpansion may affect the living environment of the residents in the vicinity,notwithstanding the inclusion of’ any noise and vibration attenuating measures inthe design of the development and individual dwelling unit(s). C’N , GO Transitand V IA Rail Canada Inc., will not be responsible for any comptai its or claimsarising (bin the use of’ such fitcilities and/or operations on, over or under theaforesaid right-of-way”.

(i) It is further acknowledged that one or more of the Development Agreements mayrequire the Vendor to provide the Purchaser with certain notices, includingwithout limitation, notices regarding such matters as land use, the maintenance ofrota in i ng wal Is, hi ndsca ping features and/or fencing, noise abatement feat tires,garbage storage antI pick—up, school transportation, and noise vibration levelsfrom adjacent roadways and. or nearby railway lines. The Purchaser agrees to behound by the contents of any such notice(s), whether given to the Purchaser at tileline that I his Agreement has been entered into, or at any time thereafter up to theClosing Date, and the Purchaser Further covenants and agrees to execute,forthwith upon the Vendor’s request, an express acknowledgment confirming thePurchaser’s receipt of such notice(s) in accordance with (and in full complianceof) such provisions of the Development Agreement(s), if and when required to doso by the Vendor.

-l7-

(j) Fxliaust vents, which will vent air [mm the underground parking garageincluding the translhnner), may be located in the vicinity o the Properly.

Warraii(ics

3 H, (a) The Vendor agrees to assign jointly In the Purchaser and the C’ i ty on Closing, andat no cost lo the Purchaser or the City, all warranties in hivour of the Vendor inrespect of the Properly.

Ii) In addition. the Veiidoi’ shall warrant [lie I 3m Idi ng is constructed on the Propertyas follows:

With respect to the design and construction of the Properly, the Vendorcovenants that fbi lowing Closing, it shall correel promptly as prov idecl lbrunder the Ontario New I Ionic Warranty Plan Act (“ONHWPA’’). lbr thepen ocls set on t in a Ta ri on ‘Na rranty, the i tenis a id iii accordance w I Ii theconstruction pcrfbrmanee guidelines as provided in a Tarion Wami nty andas set out in the ONI IWPA. at its sole expense;

(a) any defect or deficiency in the Property arising l’roni conslructionof the Building (excluding any error or deficiency in t lie design 11wthe Property contained n I lie ‘FMAC Interior Design and FinishingSpec ill eat ions): and

(Ii) any defect or deficiency in the Property due to faulty products orworkmanship or otherwise not in accordance with the requiremenlsof the Plans and Spec i heations,

Inspector— DurinE Construction

39. (a) The Vendor shall, at its expense, retain Fxp. (Ibrmerlv known as TrowI ngineering), or other entity approved by the (‘ity (the ‘inspector’’) to monitorthe progress ol construction ol the Properly on behalf of the Purchaser. TheInspector shall ensure that all conditions of the municipal approval for theProperty and applicable hu i Hi ng standards have bee ii iii ct and that all space,flxwi’es and finishes arc in a good state of repair and are in compliance with thePlans and Speci ficat ions and whose decision slial I be final and binding on boththe Vendor and the Purchaser.

The Vendor shall require and cause the Inspector to provide to the Purchaser, theVendor and the City monthly reports and a linal report with respect to theconstruction nt the I3uflding and a punch list of deficiencies. The intent is lbr theMunicipality and t lie Purchaser to ensure that they are receiving the space theycontracted [hr. The Vendor must hire a third party to provide a similar inspectionfor the Condominium being constructed. It is desirable if one company,acceptable to the Municipality, the Purchaser and the Vendor, can do the work forall parties.

- IN-

11w Vendor shall i nslruct I lie I nspeelor to copy all coritspondeiiec with respect toI he Property to the Purchaser and the (i ty anti shall reqinre Ihe Inspector to beavailable to respond lo (lie Purchaser’s and the Ci ly’s inquiries with respect tosuch reports and or the Inspectors inspections.

I llq)CctiOfl — Prior to Closiii2

11). (a) The 1 ftirchaser or the Purchaser’s tlesigna Fe. wh I cli may inc I tide the T nspecrcr (ashereinii Her pros’ ided) agrees to meet the Vendors representative at I he dale andtime reasonably designated by the ‘v endor, prior to the (‘ 05mg Date, to conduct apie—delivery inspection oF the Property (the ‘‘PDI’’) and to list all items remainingincomplete at ilie time of such inspection together with all mutually agreedde icienc ies w th respect to the Property on the P1)1 Form. All incomplete anddeficient work properly noted on the PDI Form shall be completed by the Vendor,at its expense. prior to Closing or i fit is not reasonably possible to complete suchwork beFore Closing, expeditiously Following (‘losing.

b) The Purchaser shall be entitled to send a designate to conduct the PDI in thePurchaser’s place or attend with their designate, provided ihe Purchaser Firstprovides to the Vendor a written authority appointing such designate For the PD Iprior to the PD I. IF the I urehaser appoints a designate, the Purchasera ek now ledges and agrees that the Purchaser sha I be bound by all of thedocumentation executed by the designate to the same degree and with the sameForce and e’lbet as iF executed by the Purchaser directly.

(c) It is acknowledged and agreed that notwithstanding the Foregoing prox’isions ofthis Sect ion 40, the City shall he entitled. at its option, to attend any PD] with theI’ urch user.

Purchaser’s aiid City’s Address for Notice

41. Purchaser

e/o Toronto Media Arts Cluster9 Ossinglon AvenueToronto Ontario M6J 2YXAttention: Laura [Ic razad ilninI: Iatira.herazadiQiinteraecess.org

Purchaser’s So lie tor

Goodmans LLPBay Adelaide Centre333 Bay Street, Suite 400Toronto, OntarioMM! 257Attention: B ram (free nEmail: bgreenQi)goodrnans.ca

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C: 0 Real Estate ServicesCity ol lo mu to55 St. John Street, ‘d IIC)orMetro I lulllOICOtO. ( )ig trioM5V 3C6Aitentioii: Direelor oF Real Fstate ServicesI niu ii:

42. Siiuwe

Until s tie Ii I ow as lie Vendor ia 5 corn p eted I he Ii na I title tnt I is fër of 90% of t lierex ide ii al un i s iii iii e Condom uiiium, the I ‘nrc hase r ae know I ethics and agrees Eli at thesize, location, attributes and operation standards of all signage proposed by the Purchaserlb r the fitcade ol’ I lie I ui Id i ng shall req u re [I ic pn or writ ten approval oil he Vendor, suchapproval not to be unreasonably wi (Ii held or unduly delayed. The Vendor acknowledgesthat this covenant is persomil to the Vendor and may not be assigned by it. The Purchaseralso agrees to comply with all municipal requirements relating to such signage.

For greater ceruunty, the Purchaser shall he responsible for any costs of illuminating.maintaining, repairing and or installing such sign.

SCHEDULE “C,.

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SCHEDULE “D”

EDGE ON TRIANGLE PARK INC.

SPECIFIC PERMITTED ENCUMBRANCES

• instrument No. E4Q3QAZ registered the 14th day of May. 1996 being Restrictive(‘os enants, provid ng 11w an easement 1mm Queen Street West to the (‘N tracks south ofSudbu ry.

2. Instrument No. AT2660956 registered the 7th day of April, 2011 being an Application toChange the name of the owner from Weslside on the Park I Tic.

3. Instrument No. AT2724294 registered the I 7th day of June, 2t) I I being a Section 37AgreeTnen t With the C I ty of’ Toro ito.

4. Togeiher with and sub eel to a right—of—way set out in Instrtiflienl No. WF27767 over thenorth edge of lie Vendor’s lands.

5. Section 37 Agreement and any anieiidments tlieieto.

6. Shared Fad lilies Agreements.

7. Lasements ukmg the east side of the closed portion of Abel! to Sudhury and north.

S. Crane Swing. Shoring, Underpinning and Tie Hack Agreements with adjoining owners.

The dedication of’ land Irom the closed portion of Abel! plus additional lands toeventually create a pub! ic street.

0. Mutual easements for support aix! maintenance between the II iii Id I ng and the adj o I ni rigCondominium and/or the TIA parking garage.

II. Restrictive Covenant in tiLvour of Toronto Parking Authority.

12. An Agreement with the City of Toronto with respeel to setbacks and/or a LimitingDistance Agreement with respect to the Park lands.

13. Geothermal Supply Agreenient and telated easements.

SCHEI)ULE “E”

I N’[EN’I’IC)NALIy I)ELETEI)

SCHEDULE “F”

OCCUPANCY LICENSE

TO: EDGE ON TkIANGLI3 PARK INC.AN!) TO: I (ARMS. SI IFAFFER LI_P

Its solicitors herein

RE: ‘[MAC’Space 2—6 Lisgar Street, Toronto

Agieeinent dated March 2014 (the “Agreement”)

WI II RFAS the I’urchaser and the Vendor did execute the Agreement;

NOW THEREFORE TIllS AGREEMENT WITNESSETI I in eonsideratkm oF the Vendorallowing [lie Purchaser to occupy the Property re fbrred to in the Agreement and hr other goodand valuable cons icier; ti on. the Vendor and the Pu reha xc r covenant and agree vi iN eac Ii other asI hi lows:

The undersigned, being the Purchaser of the above—noted Property. hereby agrees tooccupy the subject premises in accordance with the terms ol’ the occupancy as set outbelow and ackno ledges and agrees that tile license to occupy is not a tenancy within tiemeaning of t lie Tenant Protect ion Act or t lie Commercial ‘i’ena ncy Act or any successoror replacement legislation.

2. (a) The license fees For occupying the said Properly (the “License Fees’) shall he theactual cost ol utilities for heating, cooling and lighting eonsunied in the Ru i Idi ng,including geothermal charges (the “Building’s Utilities Consumption”). aficroccupancy (or a reasonable estiniate thereof made by the Vendor and subject toreadjustment as hereinafter provided):

(b) The Purchaser shall also be responsible, (luring occupancy, to dispose of theirgarbage and to shovel the snow and remove al ice in front ol the Building andsecurity;

(c) l’levator maintenance costs.

3. The Purchaser shall not, during the Occupancy Period, be responsible Ihr ally commonarea costs or for any amounts attributable to the Property other than specifically providedbr iii this Occupancy License. For the purpose of’ this clause, ‘‘cotiimon area’’ refers tothe parts of the Property exterior to the Building, any portion of the Property and theVendor’s Remainder Lands intended to be shared by the Purchaser and the occupants ofthe Condominium (as defined in the Agreement) and any components of the mechanicaland/or electrical servicing systems shared by the Building and the Condominiumincluding, without limitation, any loading areas, fire protection, security and life safetysystems, storm and sanitary sewer systems, electrical and emergency lighting systems,

-‘3-

lieatmiz. venlilation and air conditioning sysleni. fresh and exiutusl air ‘ventilation svslenistogether with any oilier similar serviemg systems. whether existing as ui the date of thisOccupancy License or installed subsequenily.

4. Within a reasonable period of lime alier the end of the period br which the Purchaser’spayments on accoti it of the Bu 11(1 ng’s Uti lilies Consumption, based on the Vendor’sest i male tFereo l h a ye been made, ih e Vendor sii ill (IC I ver lo the Purchaser a statemenof the actual amounls and costs incurred iii respect of the i1uilding’s UtilitiesConsumption, based on the read mu of the applicable meter or check meler or on anyother basis established between the pai1 br delerinini ig 11w actual amounts incurred iiirespect of the Building’s Utilities Consumption. If necessary. an adjusltnent shall bemade between the parties with respect to the Purchaser’s payments on account of theI ui Iding’ s Utilities Consumption, based on the Vendor’s estimate thereof, such that if theI’urchascr will have paid ii excess of such actual anioun Is incurred, the excess shall, atthe Vendor’s option, be credited by the Vendor against future payments by the Purchaserin respect of the License Fees or rebunded to the Purchaser within ten ( 0) days alterdc Ii very of. the said sUite i neat. I’ tile a moo n t that t lie Purchaser will have paid is less II ia iisuch actual amounts actually i neulTed. theti the Purchaser agrees to pay to tile Vendor anysuch extra aiiiount witliiii ten (10) days after delivery of the said statement.

5. Any notice required to be given to the Vendor’s solicitor shall be lo I larris. Sheaffer LLP,4100 Yonge Street. Suite 610, Toronto. Ontario M2P 2135 to the attention of BarryRotenberg.

6. The transtbr of’ possession of the Building to the Purchaser shall not 110 deemed orconsidered in any way a release, abandonment or waiver of any of the rights of either thePurchaser or the Vendor wilh respect to the provisions of the Agreement aiid allschedules thereto.

7. During tile period of occupancy of the Building. the Purchaser shall have the right withprior written consent ol’ the endor and tile City of Toronto to suhl ieense or shareoccupancy of part or all of tile Property to a noii—proli t arts organization, provided thatany such sublicense or sharing of occupaticy is permitted under tile Land Use Agreementbetween the City o I’ Toronto and (lie Pitrchaser and provided blirther the Vendor is givenwritten notice from the Purchaser informing the Vendor of such subhicense or sharing ofoccupancy. The Vendor shall not have any right to increase the License Fees or toterminate, in whole or in pail, the Occupancy Licence as a result of any sub) icense orsharing of occupancy of’ tile Property by the Purchaser pursuant to this paragraph.

K The Purchaser shall heal lowed to remain ill occupancy of the Building until Closingpursuant to Uie Agreement provided the terms of this Occupancy Licence and theAgreement have been observed and pertormed by the Purchaser. The undersigned furtheracknowledges that should it liii I to recti by any (IC hail t, in the case of a monetary delaul t,within five days of notice thereof or such longer period as set torth in the notice, and iiithe case of a non—monetary delhuit. within 20 clays of notice thereof or such longerperiod as set lorth in the notice, the Vendor in its sole discretion and without limitation olany other rights or remedies provided for in the Agreement or at law may terminate theAgreement and revoke the Occupancy Licence, whereupon the Purchaser shall hedeemed a trespasser and shall give up vacant possession forthwith. The Vendor may take

whatever steps deeiiis necessary to obtain vacint 1)tiS5u’sO and the Ptircii.t,cr shallreimburse the Veiiult’r 11w all cos1 it ifl,iv mciii “ jib respeCt 10 siiliL_.

9 [he iincleisi:ticd hirther nitlitir:ze the insoet tc’rs of an’. iiiOrtiiaeee ml the huiltimneinspectors of the Cit\’ (if loroiito. accomptiiied iv a icp:esuiitatm\e ot oil lr:aiit:lehark hmic., to enter time mibove—iit’mcd l1iiilchimig it all re;isi.n.il,Ir hours :umd t:ptni cisoiiabIcflrtt)r notice.

10. The uiidersiriicd Imitihier mullilht e [dec t ri:taule Pamk lime, its cmploees intl

uhcontraetors, to titter upon tue ihO\e—i1(tTtLl Iluildune at all ftaOIlahle hours intl tupuutcisouuible litIH ti.miucc. br tIme iurjxmse ol ruc:uvruue dCtletc!ieicN or for tumv etherIt isoimible purpose

II. lime. l’mchuisei shall not iiccup the lhnIhii until thu City oti or{miuI las permitted sameor consented tlicieto. ui ietm cvieut is cptimred then m’ccnpaiic\ ciiad he postponed untiluch equred ecinsemit is .u un I lie Purchaser shall :i’t require the \cndo; to ate LEaim out tipaticy permit, eeit:hIeitc (ii authorization from the City of 1 omumuto andlie l’uuehaser bill austy itself in thu mu art!

I . 11w Pure liaser agrees to unamtain the I flu i Id nu in a clean and sanitary condition and notto mujike any ultuuations mpmoememits or additions thereto vmilmoin the prior writtenil of me \ etuulom s hcli may be unrcumsonaNx withheld lie Purchaser shall be

I es:xuiil ‘Ic toi ill u: 1ev. telephone e\eimse. cable television service, or other chargesand expenses billed (tuueu Lly it. the occupant of the Building by the supplier of suchsei ViCes.

13. I e Vendor and the ‘hut me covenant nd agree, notwithstanding the taking ofpossession, that all uermmm hereunder continue to be binding upon them and that the\ e:itu: uitmy enforce time provisions of the Occupancy Licence separate and apart from themimic .u se a i ni sale ‘i ivisa in of the Agreement

DKF!l) at loronto, this ( day of ,m c 2014.

SIGNEI). SI :\[ I) A\I) DELIVERED ) TORONTO MEDIA ARTS (II S 111<In the presence of: )

) Per - 6<—‘Name: £1’-’M &tZjITitle: ç

Per:

_____________________________

) Name:Title:

t We have the authority to bind the Corporation

SCHEDULE “G”

ALTUS II ELYAR REPORT

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I i I111llC,V,.,AtO; cotno2 flt 0 no 000øverheaj & MarL-up A no 2C00 @O 00000Permit Wzp.cbon & j* ettip A 30000 30000

Sub Total .4uthan polier •. uipnient 361$ ni .6O

- 26 -

thniLLthrJr±JJLLrnndflli_ Pie \ iI11i

ULll1L1L

DLIZ- ‘hcU QnIi

C 213

P.u:.1: 4t\’ amp b no 4ai0 00 23 JO0.0O3 no 1:5000

II’ 1 no Ht000 I @3000no ‘00O

L;[.:.cont,.,I pinei - ptl1.1c:- no l(0O3 See

P I[]FIli[]i 1:1:7cmmci 350 K’A 2 no IOnOOC 0 I3O,O0

1:0 kVA no tJ 00 hlit: :,t1:lcz — 4.-\ L no ‘-3OQ 1500

• no ooTi.u-::jn:iei - .ilo - u:., log ii rrnnr • :70 it(10 00 I @3.00

EnUm Teeder 35-i L5C 00 39 cOO 00NI,cl:xi: ii .- -: :tL: c SOampi I no J000 b J0 00

- _‘5in:p I ‘0 .0000 93000H.arpnsrpt

-‘--‘‘-e ,uL.: 1 no 110000 240030Ove,head NIaI-tip no 2 %000 I 11010renr an:p.cnon & * ---t- no 550500 393530

Ditnilulion 3 SIS m 331 $

111K ‘ICC

On, 000 0000-el t.,d& !in:ip I no 000 000Pemui utpetuon & pb temp no 0.00 000

— -

_______

- 0_Do S- I

fjiinieaadDi5tJutIon-

- 27 -

àI!i.!fl2W_.2JU.a1U!ih1u P-ne No’rinbrt ii P

Li 2-01 \I

[pnpnoa tV- :-- Raw Amounhl— ,Ie Ice; a tie lii

Eiiwe v-pt Al i0 3 :30 Se En-on:ti ro 100

in -r7-A t5no p Le-Fu-ou:(‘no 000 5e:. I.

- n- e .-- L no 0000 Se Fit-out

B :00c0 SeFit,LI:lbno li-U, SeeF:t-,,n:n-pt - C) 3 no iS) 00 Sn Fit-outm:e ivpt - PM £0 it bO 00 Lee EU 3WFinin type - E : no ::o GO Sn Fit

- I. -, -it)lii’ieUi-i 00 0i’ 11:tk1$no 35000 S3C00- n -Eu- Ugh: $0 no 3300F C:kb :000 SeEn-au:

Line It,000 SnEitoutEnitne type - I- no f--’ Fit-au:

Sn Fit-out3ihire type - H no 0000 - See Fit-outFtnuer-pe- I Inc L0000 S.e -

lIne 10000 -ecEit-autFLVU:t n-pt L no :00 Sn Fit-outS tin’. type - 40 no rs 00 See Fit-outFL’PUC frpe - - Spot tight 9 no :0003 Sn Fit-outSntirer--pe-X- -

- 1600 SeeFit-,u:‘.32k 5000 SteEn-au:Fihre type. P SpOt -- -.2

no 50000 Sn Fit-au:- K iO no 100 00 Sn Fit-out

3:-i-. M’- 5no :0003 SteEn-outFntt:e t5w - The itt :ep tight toti-i:tce It 5000 03 Sn Fit-oute,e--tde: c*inet hght 2 no ‘.0 tX See Fit-out

Cot:dint & unre 11$ no ‘.000 1032000Fature mztslkthon 22$ no 3000 6 S-IC 00Sui;tt pole stntc)wt 6$ no 4300 Sn Fit-vu:Saieiepoie N, - 4. no 10000 SteFit-outMutt: tn-itch 1 no 50000 Sn Eti-out

- 2 -

SI!lithr1b0fl._olLifl1flh. Dare \overn I.tr II I 3

[—It.-It5I1

I —

Lbncitfla it--7:

I— -c.;it no 1 ‘0-) Fir-au:• ,. - :w,tclied -: :a 200 0 Sn En-am

- . DFN’.-icien II no 3000 Sn Fit-ott:14t C-Fl -,LWLL I I 7 no I 00 te Fir-ott?

2 V- retpti. 4 •• V2r•• i,r:ii..-C-Fl Dma 3220.00D1’t ItCtpTICC -1t ino 4007 151000

tn. i no :03 275001_coo

5: :scoo Se.Fr,utLno 15000 :55000

Fl .,o I ,norn,ted .lcipl. 1 i-i. -: ttlet & tt no 750 00 et Fit- ourrloor n--n.e1 ini[I—’ :... - .i . 30 no 0000 Sn F:t-ou:Eloor - durle\ .. 4: daTa I b no rIO 00 -.e Fr -

F,o . --i 3 rnFloor mounreil dupk ererr.I;1 3 no 35000 3.ee F:?-oulFloor .Idurle:...e: ;noFloorn....:-red t.; ‘:-.Tef:. &dm.t S no 40’C3 SnF:I-cut

i. ta I - .— :e.e It 4; no 0 00 e Fit -omitC.mIac monjnemff.g: 2 no 110000 . Fitoitt(edrn oiawded -jil\ is no 1 00 3000.00

-rough-ut ii no 30000 I 1k

5r-o .‘00 150C00C.,rd r-ini-.: 1

__

fl33ØPubbuttor. 5,-n 5’30O &3000tcc::rnLe: Ilnonrcrcom outlet I no 15000 iSO 00Sw:. z.cunr.- p,’nii.I no 20000 100 00

Chnht,td ,v Marl -up no 1130050 1140050Pemut m:ptdiolt 10 tn no In 11- 3 mOO 20

Th#cna.dIkadng ;-D

- 29 -

Pile Si,; ti.il’i 11 13

Torni. tilt!

Nirli Pith’IP’*’” •‘‘rQaadlrtfl Amou

&‘xn’’.i,e

Mt :i alaint;u ‘iv:e-.wtonel I i,’Cflt.i ‘00000 00300000

opeaier; b L 3000 30000Fire .ii::i’;pe,ker, rol’e I no 13000 I” 55000.3m4e detector; 31 no 3300 I 76500Pull aboi 2 no :1* o:5 30

I— o no +3 : %030I t;L&-Yi:r ,,O,r 11000

lQSro 3500 7 30lOSna 1.00 430500103 no ‘I 0

I> .:j ‘-‘ to 5,062401cm;:; :;‘I’.:nan & 1,1 !erp I ‘O II

S

.1,1

no 19300 ‘0000no 395000

3’na L3003 533300Pan ,‘;.—r2 ‘4 no 17503 352330Dac,,outlet 5 no 10000 100003Cii outi 4 1 no 13000 365320Data iuilel 5 ISa 250,00 3. •50 00Data outLet 11 no 120.03 11’ 00

.1 no :000015000 30320

Ino 300311w 3300 SeFir-out2 no i’1”’ S.c Fat-our

A ‘ t.a.l hoi 100i0.I00i 4 no 3300 5.. Fat-our.\‘\tuwkt’ox 15l’C3D.01: 1 no Ii’ . Ste Fat-outA \isc, ‘‘S?’.’-i 03 no 13000 SeFit-ourBC’S pod - A V (rou6h-ar. S no 10000 6.. Fat-ourSp.aSen- AVcouJt-uti no 10000 SeFit-ourErnpr.iondwr cuwnt*i -all ;-v,une I Sn Fat-ourInternet ,r., caH 0 no 0 No; hw;id,,1Thq’Mne cable; 0 no 0 No; bwudedfl ,bte; 0 no 0 Na; lncluñedC able tn; - altowance I lot 3 500 03 3 500 CO

& Marl -ur no 3167 0 3 E 60Permit i:-:-- :n,,i, k o1 tetup I no 7i 90 291 90

Total Couau’aa.c4tion 3.615 oil

Ic:‘it•3SU114211rIo

1.nDu1QQaliT‘-;--lICOO00!

I?.UiU3U;;--

IC‘JII3IIZIIIII••3t)

I000It$tT1)111113o,z’,’,.IVIaLIlls]

S

XDOT001or.i:I

0000O0O00:u.:

OO0CICu,::I4i.’fl)

_______I’ll

sopd.snà]ilTiti

ii•iiçi.i!oi.J

U101:nIitill

:11\tIVQiIIt’IlT,1lC’ji1TTr,‘.IV

--

—31—

F)iit in tin ii 11

Li XDLj)1\LLi’

DLILrI I’![pon

_____

In Ratt ooai]

F iI:

TMV. diii 3o19 fl”OoC L*:i’L:riy 3I 304(21 L,dtrnFawe,

I: liT:

s

_____

ii iii in

T 1o1 “1 434I DiIni,nt.w t.IS

CII UI-.tig Pont, 3bI P2’(2 C 0

- .1r 1 bIS nI

I S.cunlv 3bL$ ml 0CC

(1’

3418 m A4%”1Oo S

ToIaJ (1. nil 3 tIS

tIeiri IS ,:.i.u’

(:11 DttnIiin,i 3 clS qI 104 5 110)3:1; 3 iS ml S23 S IISIS(2 Ugh?Fu’ftirc rciS ml S(23 Fixe.%S4m loiS ml 1( S

-

3 tIS ml b 1 S(23 Senw.n- SoIS ml Ott S(23 Ughtung?i- n letS cr1 Ott $flIAC - FF1-md

LIje \jeu:ler it I.’

fh Lilt

C: Smut & l1

I__Il E. IIIIl!IIImn

I 3W nii.,e -nLl.t.II

IraCht:iNrn4’n ba.,:.l .oXsnirCSt 2 no - —— sitU

nono OX

I no li\’.’X nwU.‘‘hne: nan I no S..II• m.i mit .-.- tI.uL-iip I no ) OXPenrit ur ..llOn& obtehip l.a OX

[S.tbTot..t1itroi.nt nt (Ii I

(21.: 4 .,ibr poi. er e.jiii roimli?

Em03.no tiwt.O0tE,ueren, .ntrato3 C

US 1:; j

Gener..ior II[ nm:

Cewi.ror control pw C no 0 XOv.dwadSt MSZI-UF I no OX

ure 1I.’,..: al’ .nr I no 0 (t

toI..I.kIs\tIIf’ r°” tq:iipownl OX S

- 32 -

Li AL U

1.iIai.- ho-.’

- 33 -

Al! L.islocctLciLtOt uilnt I).c?r \p.c ,tclr, II 13

L rL.iflAJ[oj.t Dpi

Iawnon Li. Aami4

DI [i lriI

Ono3n0ID no ICbJ

Pu.,I 41.uz Icc .ItL(,It.uw: pnbbc :p ic-s I ItXOJ

Dc.. !r.,:

Dno .?CXi&kVA I no setqwl

I co SetSheLIt nn..-c I I no o500 Se iwLII,: cr. —c-ic .:rc;.,’-u.;’ I ‘a-’

iNc.. .1cm Fec1”v 33 co N.V..j 1 II no .e*eL

Pump .- 2 no SeewLno

Ems 17 no .I\\c Se

2 no l2O. Ckl(>eriwad&N:. . Inc sce

Inc

‘-ill uI’ Litton 3*lS at.— I

L.. ‘ICC

OttoCk-erhead & Mak.UF no 0 (VP,mcil ucc’...toic Oc .x’ wtc.p I no .3 (V C (V

ECuTO15n c. 34188 -. ;OIS 1u1thJ

- 34 -

H “WiIiiJfl Bid!JflZ Diii So iris, ‘fT Ii 13

U s.EJ1llL WIIT

Ii? I

1,-OIl

(onsln .r_T •L

It’ no WYit 1: rim, 1:01)Pvt-A3 1.’ no I ‘V 22Oa)

1 ito 1,4)1)Fatuien-pe •A: 3LnoFLtr.aer.y.-8 4 re ISOX 2010

tie ItOXFLtTWCPW-D 3m,

Li oO1)E LWX

Fntu,e n-pt- Sax. t.i,. double he.sd no 1)

F’ftair-;’e- Entergea--.tttt’k i-ndc I,l- 0 is) OXOne l:;C,)

2030 b4 ‘ri n)X

;‘i.,rl:,e , rito :E:O 34eX11)1.r.,I-:• I1no :tk’X1

t”pe-H

Pitlur. tv3e 7 Ire 1C aFituttvpe1Z LDno :OOX 23ôJ

L :ox 12 ‘W*Ft.guxe r-p, . M 33 . :—sx n

Faiuzetvpe-N-Traá .TOk 201) tn3)F,nue type -P -i:.,<k fl2 It CFtnuetvpe-P-$1’oCocht no 13 i(4lFtxiuset’,e-R lOne 23031)

3m, 5501’Fitime r-,e - flw.,oe rep 6th? tUot,uur I It •.. .( (CFixhoze ?e-tuidet cit-intl light 2 no r1) 1) LS) CCI

11033 1533,2SfrLueutstiUato,t LI’, re SOX 517-Dimnitrcia-iuti ‘Coniut& So no I”’4ii1t pole :utdte, no 1333 3t0 (C.ts’av:iitdie. 11 to (C

line 11)1)Mste: nyinch 2 -

- Is -

\,wrnit..rIl

LiijrlL• flI.Q liii>

IS to I1re :58000çqnø :0000 II

Dtq’b,’ .n-r,.. c1l:..i II 000 410000flpesnJ:Ltr CU’CTU no

:1 :.tpt4it (41 - 011n.1 1 no I I ‘$000Inncepi1e no

DtivittCtpt.tdt C: 2no 1..l.0 See:eU1 no I0X SneU

Ii 1:10 e4eL<rrei.. tinr 3rio - ,tURe..!pt.k[e Th’tt-L’cI 57 no 25020 14150,007MeILonntctn I. 110 I —0 JO See Sl;eLR,or n:otr,tedI: liip.e : ::1,tii !# no 5

DOn, 5DX ICSIC(lFloor mounted I diipl ;‘ej- Ce & : : 4 no 00 I $0000Fixi mourned Jt4-)et :ts1’se & 4: lu., 1* no a 1’ - V.

fl-r nnownrcd :nupi- tec.FI3cIe & .: -. 3 1’ 5’ 00t*e’:eCectn:ie Ino 20020

¶0000floornownteddupleie.evnn1e &it.. .1 no :s.20FL:rn,tuued.hip.c-tr....: 55020 55000Condwt.kwuelorah:-- 210 bOX *050000Cmlo<k corr.ecozt 2 no 12000) 2400CC(:eaal$ mounted dupln 15 no 20000 Se SaLPtoector- :x.45’.-m •i.t, 4.k’a’

Sno 30000 Sn1,eU23 no 50(100

Purl, burton S no °50X See 5.eUC3o1 :InIn 6 :o 0 00bntenom outlet 1 no 15000 See Si:eUState ..ajnh punt! 1 no :0000 Set e..

).thcd.eeow flem, flty cor4nt lot 5w m Roe ScopeCktrIs.4 & M gi -up I no ? 4o° 0P.m-at unpeuton & na- renip I no q So 4?

- 36 -

l’i’,t’’i,1’t,i fl.ti,, Ntnratt’’rll 13

l’l\t’

— ‘- ,.T,1,I; ¼ it<tII.tnt

1 I i

no

no d3XLL..I II. no VOX

Inc 3500

Hx4,c no ld)OC205:’, IJX

ljvtIj.nz,i 20 no 32V ‘e •e-.In:’,,’. 203no 2100

t,t—,L,.l-:,’ \—IL:ftt’.,’n 205 no IhX —

OX 000rnj.cTI.n&’o&’IebIp Inc OX 000

i’m t’t’O

IC ‘ii;-:.,.

17 no 100CC .etelephondtie .x,lIe’ 14 no 17300 —

13000 —

l9no 1’XD tts outlet 3 5 no 100.00 — eU0g., outlet 3 I’no :5000 s Sh.uOils outletS 11 no 5000 e0515 outIfIb II no rOODOtt,, outlet” no 30000 Sn 51wU7’. outlet 1 no 11000 S..SbeU

I no 3000 *0CCAVtwkbot1(..u, . 13 no 3320

Sr., 5000 113000Inc 15000

AVbtI00i0x.00 4 no 3500 14100kVH4bot1.133tCC, 1no 10000AVbackbot3Xx300,150, flno 13020BUSpon’AVtnuh’m: Sno 10000 I000Spe4en.AV.ro’in. U no 10000 100000Fmir:..t:u’.:anerna-alIowwce Al, . 109000:rt: ,i.ua ,.,,qe, 0 no 0 Not tpcluiedTelephone c.tl,, • 0 no 0 Not tncltdedfl cable, 0 no 0 Not Included

flr: u. kM 35000mo I5S3& lkc3&Inc 35* 365*

Sub Total Con,n,iuucsfio., 3 61$ ml &02 S 2! ‘•S

- 37 -

flue \o-e,I, “Cr II I

Dn(npdon Ral, Amow.I{

Se,znh- tit,’tt.i.r

‘flr.t,.:, 3no I%)(jrd,ek,, 13 no C(IOEnlt:r lone —‘ :teu’ A no

--

(%uit’ [olal S.arnn- Equ.uiei.I 3 ÔIS m Hl%

Proic, non

0 - IS STotjer& StirL-up I no 0 k Inc tnTowe,Pem’a, rnzpe,ton & ;oh

‘ :-‘ 1 no 0 C m Tow.,

S

Ci Th4d5qsa.Z

34$w.i *104-[t ---jC .TMdflcctdcd.ThIAC,fl.ut 3J$ .[,.:.35fl: fl$3J

IJ;LIC -JI v:

t’IAt- Ti’-:’

6310815.5

SCHEDULE “H”

INTENTIONALLY DELETED