Supplementary Agreement to Tenancy Agreement between Paeschke Immobilien- und Vermögensverwaltungen GmbH & Co. KG and CpG ImmunoPharmaceuticals GmbH (December 2000)
This supplementary agreement updates the original tenancy agreement between Paeschke Immobilien- und Vermögensverwaltungen GmbH & Co. KG (landlord) and CpG ImmunoPharmaceuticals GmbH (tenant). It increases the rent due to additional fixtures and the rental of extra space developed to the tenant’s specifications. The new monthly rent and associated costs are specified, including applicable taxes. All other terms of the original tenancy agreement remain unchanged.
Exhibit 10.47
Supplementary Agreement
to the Tenancy Agreement of 28.06.2000 and 06.07.2000
between
Paeschke Immobilien- und Vermögensverwaltungen GmbH & Co. KG,
Elisabeth-Selbert-Strasse 9, 40764 Langenfeld,
represented by
Paeschke Haus- und Grundstücksverwaltungen GmbH,
Elisabeth-Selbert-Strasse 9, 40764 Langenfeld,
- Landlord -
and
CpG ImmunoPharmaceuticals GmbH,
Max-Volmer-Strasse 4, 40724 Hilden
represented by
Dr. Joachim Schorr, Managing Director
- Tenant -
As a result of the additional fixtures specified after the Agreement was concluded, the rent per sq.m. rented area increases by DM 1.62. This equals a rent increase of:
| 787.00 sq.m. x DM 1.62/sq.m. net rent | DM | 1,275.00 | ||
| Plus the current value-added tax of 16% | DM | 204.00 | ||
| Additional monthly gross rent | DM | 1,479.00 | ||
In addition to the rented area stipulated in the Tenancy Agreement, a 64.66 sq.m. area, developed according to the Tenant’s specifications, has been rented by the Tenant on the basis of the following conditions.
| The monthly net rent for this additional | ||||
| rented space amounts to | DM | 1,776.00 | ||
| The current attendant costs are | DM | 194.00 | ||
| Sub-total | DM | 1,970.00 | ||
| Plus the current value-added tax of 16% | DM | 315.20 | ||
| Additional monthly gross rent | DM | 2,285.20 | ||
Otherwise, the terms of the Tenancy Agreement apply to their full extent.
| Net rent for the offices per month: | ||||
| DM 20,343.95 + DM 1,275.00 + DM 1,776.00 | DM | 23,394.95 | ||
| In words: | ||||
| twenty-three thousand three hundred and ninety four | ||||
| Outside car parks | DM | 300.00 | ||
| Attendant costs (§ 1) DM 2,361.00 + DM 194.00 | DM | 2,555.00 | ||
| Sub-total | DM | 26,249.95 | ||
| Current value-added tax of 16% | DM | 4,199.99 | ||
| Total gross rent | DM | 30,449.94 | ||
| Langenfeld, dated 21.12.2000 | Hilden, dated 22.12.2000 | |||||
| ((stamp and signature)) | ((stamp and signature)) | |||||
| Landlord | Tenant | |||||
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