THIRD AMENDMENT OF LEASE AGREEMENT
EXHIBIT 10.1
THIRD AMENDMENT OF
LEASE AGREEMENT
THIS AGREEMENT is executed in duplicate and effective this 31st day of January, 2014, by and between PURDUE RESEARCH FOUNDATION , an Indiana corporation (formed and existing under the Indiana Foundation or Holding Companies Act, Acts of 1921, ch. 25), (“PRF”), and ENDOCYTE (“COMPANY”). In consideration of their mutual promises contained in this Amendment, the parties agree as follows:
WHEREAS, the parties hereto have entered into a Lease Agreement dated January 30, 2013, with a First Amendment of Lease Agreement dated May 17, 2013, and a Second Amendment of Lease Agreement dated July 7, 2013 between PRF and COMPANY for certain premises at the Purdue Technology Center located at 3000 Kent Avenue, West Lafayette, Indiana; and
WHEREAS, the parties wish to amend provisions of the agreement:
NOW, THEREFORE, IN CONSIDERATION OF the mutual promises and covenants herein, it is agreed between the parties hereto as follows:
1. | The Description of the Lease Premises shall read as follows: 24,020 square feet in Suites A1-100, A1-200, B1-008, B1-200, B1-201, B1-202, B1-203, B1-300, B1-400, B1-500, A2-100, A2-300, B2-300, B2-400, B2-500, B2-603, B2-700, B2-900, and C1-201 (the “Leased Property”) located in the PURDUE TECHNOLOGY CENTER at 3000 Kent Avenue, West Lafayette, Indiana (the “Building”) in the Purdue Research Park (the “Park”). The Leased Property is more particularly shown on EXHIBIT A, attached to this Lease and made a part of this lease by this reference. |
2. | The Monthly Rent Installment shall be Forty Seven Thousand Six Hundred Fourteen and 46/100 Dollars ($47,614.46). |
3. | It is further agreed that all of the terms and conditions of said aforementioned Lease Agreement dated January 30, 2013, with a First Amendment of Lease Agreement dated May 17, 2013, and a Second Amendment of Lease Agreement dated July 7, 2013, except as hereby amended, are hereby affirmed and shall remain in full force and effect during the remainder of the term thereof. |
WITNESS the signatures and seal of the above parties the day and year first above written.
PURDUE RESEARCH FOUNDATION | ENDOCYTE | |||
By: | /s/ David L. Hodde | By: | /s/ Mike Sherman | |
David L. Hodde | Mike Sherman | |||
Assistant Vice President | Chief Financial Officer | |||
Director of Real Estate | ||||
By: | /s/ P. Ron Ellis | |||
P. Ron Ellis | ||||
President/CEO |
EXHIBIT A
LEASED PREMISES
Unit A1-200 | Office Space | 9,131 square feet |
Unit B1-008 | Office Space | 80 square feet |
Unit B1-200 | Office Space | 168 square feet |
Unit B1-201 | Office Space | 230 square feet |
Unit B1-202 | Office Space | 224 square feet |
Unit B1-203 | Office Space | 363 square feet |
Unit B1-300 | Office Space | 906 square feet |
Unit B1-400 | Office Space | (included in A1-200) |
Unit A2-101 | Office Space | 253 square feet |
Unit A2-104 | Office Space | 216 square feet |
Unit A2-105 | Office Space | 161 square feet |
Unit A2-108 | Office Space | 215 square feet |
Unit A2-301 | Office Space | 325 square feet |
Unit A2-304 | Office Space | 216 square feet |
Unit A2-305 | Office Space | 161 square feet |
Unit B2-300 | Office Space | 149 square feet |
Unit B2-400 | Office Space | 1,513 square feet |
Unit B2-500 | Office Space | 148 square feet |
Unit B2-603 | Office Space | 253 square feet |
Unit B2-700 | Office Space | 148 square feet |
Unit B2-900 | Office Space | 149 square feet |
Unit C1-201 | Office Space | 324 square feet |
Total Office Space | 15,333 square feet | |
Unit A1-100 | Lab Space | 4,069 square feet |
Unit B1-500 | Lab Space | 690 square feet |
Unit A2-102 | Lab Space | 367 square feet |
Unit A2-103 | Lab Space | 325 square feet |
Unit A2-106 | Lab Space | 495 square feet |
Unit A2-107 | Lab Space | 477 square feet |
Unit A2-302 | Lab Space | 339 square feet |
Unit A2-303 | Lab Space | 409 square feet |
Unit B2-300 | Lab Space | 379 square feet |
Unit B2-500 | Lab Space | 380 square feet |
Unit B2-700 | Lab Space | 378 square feet |
Unit B2-900 | Lab Space | 379 square feet |
Total Lab Space | 8,687 square feet |