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Monthly rental during such Annual Terms shall be equal to the Dent paid for the last month of the final Renewal Term. If Lessee remains in possession of the Premises after the termination of this Lease, then Lessee will be deemed to be occupying the Premises on a month-to-month basis (the "'Holdover Terra" ), subject to the terms and conditions of this Lease. The Initial Tenr . any Renewal Terms, any Annual Tens and any Holdover Term may be referred to collectively as the ` Ferm." Rent. (a) On the Commencement lute the Lessee shall pay Owner, as rent, the sum of Twenty -line Thousand and 1o10 Dollars ($29,000.00) per year, payable in advance in equal monthly installments of Two Thousand Four Hundred Sixteen and 67/100 Dollars (2,416.67) " lent" . Lessee's first installment of lent shall be prorated for any partial month and be paid to Owner within thirty days after the Commencement hate, and all subsequent payments will be made in advance on or before the 1' day of each month. (b) In year two of the Initial. Term and each year thereafter, including through any Renewal Terms exercised, the .ent shall be increased y o per over the lent paid during the previous gear. (c) Lessee may not add on the Tower additional equipment and/or antennas from that shown in Exhibit B without approval of Owner, not to be unreasonably withheld, conditioned, or delayed and an addendum agreement for additional rent. (d) If the Lease is terminated, rent shall be pro -rated to the termination date. All charges payable under this Lease, such as utilities and taxes, shall be bided by Owner within one 1 year from the end of the calendar year in which the charges were incurred; any charges beyond such period shall not be billed by Owner, and shall not be payable by Lessee. The foregoing shall not apply to monthly rent which is due and payable without a requirement that it be billed by Owner. The provisions of this subsection shah survive the termination or expiration of this Lease. 4. Property Use. Lessee may use the Premises for the installation, operation, repair, replacement, upgrade and maintenance of facilities for the transmission and reception of radio communications signals in such frequencies as may be assigned to Lessee by the Federal Communications Commission (the `FCC" ) and for the installation, operation, maintenance and use of related equipment in accordance with the terms of this Lease. The lease of the Property shall be non - exclusive. Lessee shall use the Property in compliance with all federal, state, and local laws and regulations. Owner agrees to reasonably cooperate with the Lessee in obtaining, at Lessee's expense, including the reimbursement of Owner's reasonable attorney and administrative fees at a cost not to exceed $500.00, all federal licenses and permits required for Lessee's use of the Property. 5. Installation of Equipment and Leasehold Improvements. a Lessee shall have the right, at its sole cost and expense, to erect, install, operate on the Premises, an maintain the same in compliance will all applicable FCC rules and regulations, the necessary equipment, personal property, and facilities which include radio transmitting and receiving antennas not to exceed that designated in Exhibit B (the "Antenna Facilities"). b Lessee's installation of all such Antenna Facilities shall be done according to plans approved by Owner, which approval shall not unreasonably be withheld, conditioned, or delayed. Owner shall approve or object to such Plans within days of receipt, and any failure to make objection within said clays shall be deemed approval by Owner. Any damage done to Owner's Property during installation or operations shall be repaired or replaced at Lessee's expense and to Owner's reasonable satisfaction. c Lessee shall provide Owner with a Site Plan to be attached hereto as Exhibit B, which shall include a description of the equipment and personal property to be installed initially by Lessee.