Addendum No. 5 to Lease Agreement between BioTime, Inc. and Donn Logan & Marcy Li Wong
This addendum extends the lease between BioTime, Inc. and the lessors, Donn Logan and Marcy Li Wong, for one additional year from April 1, 2004, to March 31, 2005. The monthly base rent remains at $11,696. Either party may terminate the lease at any time by providing at least 90 days' written notice to the other party. All other terms of the original lease remain in effect unless specifically changed by this addendum.
Exhibit 10.19
ADDENDUM No. 5 TO LEASE
This is an Addendum to the Lease dated June 1, 1993 in which BioTime, Inc., a California corporation, is referred to as “Lessee.” The following changes are hereby incorporated. In the event of a conflict of terms, those of this ADDENDUM shall prevail.
| 1. | Regarding Paragraph 1: The term shall be extended an additional one (1) year commencing April 1, 2004 and terminating March 31, 2005. | |||
| 2. | The Base Rent shall remain $11,696 per month for the lease term. | |||
Lessee and Lessor shall each have the right to terminate the Lease at anytime by giving the other written notice no less than Ninety (90) days in advance.
/s/ Judith Segall | March 12, 2004 | |
for BioTime, Inc., Lessee | Date |
Its | Vice President- Operations | ||
| Member, Office of the President |
for BioTime, Inc., Lessee | Date |
Its |
/s/ Donn Logan | March 12, 2004 | |
| | ||
Donn Logan, Lessor | Date | |
/s/ Marcy Li Wong | March 12, 2004 | |
| | ||
Marcy Li Wong, Lessor | Date |
