Landlord Consent to Assignment & Sublease Agreement between Meehan Holdings, LLC and Ener-Core, Inc.
Meehan Holdings, LLC, as landlord, consents to the assignment of a lease for a property in Irvine, California, to Ener-Core, Inc. Ener-Core agrees to prepay specified rent amounts by set dates, which will be applied to future rent payments in December 2014 and December 2015. Ener-Core also commits to promptly notifying the landlord of any events that could lead to a default under the lease. The agreement is acknowledged and signed by both parties.
 | Alain Castro | Ener-Core, Inc. |
| Chief Executive Officer | 9400 Toledo Way | |
| Irvine, CA 92618 | ||
| 949 ###-###-#### | ||
| 949 ###-###-#### Fax |
September 4, 2013
John Meehan
Meehan Holdings, LLC
9400 Toledo Way
Irvine, CA 92618
Re: Landlord Consent to Assignment & Sublease
Dear John:
Meehan Holdings, LLC, a California limited liability company (“Meehan”) has executed a Consent to Assignment and Sublease, dated the same day hereof (“Consent”), consenting to the assignment of a lease dated as of May 26, 2011 for approximately 32,649 rentable square feet in a freestanding building located at 9400 Toledo Way, Irvine, California 92618 (“Lease”), in its entirety to Ener-Core, Inc., a Nevada corporation (“Ener-Core”), pursuant to that certain Assignment and Assumption of Lease (“Assignment”), between Ener-Core and FlexEnergy, Inc., and related documents.
Pursuant to the Assignment and Consent of the Lease, Ener-Core agrees as follows:
| (i) | Prepayment of Rent |
| a. | On or before September 30, 2013, Ener-Core shall make a prepayment of Rent (as defined in Section 4.1 of the Lease) of $26,043.80, which prepayment shall be applied to the December 2014 Rent payment. Upon such prepayment, no additional payment of Rent shall be due for December 2014. |
| b. | On or before July 31, 2014, Ener-Core shall make an additional prepayment of Rent of $26,825.12, which prepayment shall be applied to the December 2015 Rent payment. Upon such prepayment, no additional payment of Rent shall be due for December 2015. |
| (ii) | Notice of Default |
| a. | Ener-Core shall make reasonable efforts to notify landlord in a timely manner of any event which may lead to Default (as defined by Section 13.1 of the Lease). |
| Ener-Core, Inc. | ||
| By: | /s/ Alain Castro | |
| Name: | Alain Castro | |
| Title: | CEO | |
| ACKNOWLEDGED AND AGREED TO BY: | ||
| Meehan Holdings, LLC | ||
| By: | /s/ John Meehan | |
| John Meehan | ||
ENER-CORE.COM
