One Lincoln Street Public Hearing, June 29, 1989

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The Applicant will work with the Advisory Panel (as hereinafter defined) to develop a business incubator program in one Phase of the Project to be designated by the Applicant. The goal of the business incubator program is to provide opportunities at relatively low costs for existing or start-up businesses to explore new ideas and business operations. The Applicant will provide financial assistance to the business incubator for space planning and build-out of the business incubator operations, t...he amount of such financial assistance to the business incubator to be amortized over the term of the lease with the business incubator and repaid as additional rent. The Applicant will make a good faith effort with the assistance of the Advisory Panel to identify qualified business operators acceptable to the Applicant in its sole discretion. The parties hereto recognize, however, that the business incubator program will not succeed and the Applicant will not have an obligation hereunder unless the -19- Advisory Panel is able to secure a subsidy from private or public sources for such program.

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