Fifth Addendum to Lease Agreement between RGS Properties and Exagen Inc. for 1261 Liberty Way, CA

Contract Categories: Real Estate Lease Agreements
Summary

This addendum amends the existing lease between RGS Properties (Lessor) and Exagen Inc. (Lessee) for the premises at 1261 Liberty Way, Suites B & C, California. It updates the Lessee's name to Exagen Inc., extends the lease term to April 30, 2027, and sets the base rent at $20,084.42 per month from February 1, 2026, to April 30, 2027. All other lease terms remain unchanged. The addendum must be signed by the Lessee by October 15, 2021, to be valid.

EX-10.3 4 ex103-fifthaddendumtolease.htm EX-10.3 Document

Exhibit 10.3

FIFTH ADDENDUM TO STANDARD INDUSTRIAL/COMMERCIAL MULTI-TENANT LEASE - NET DATED JANUARY 13, 2012 BY AND BETWEEN RGS PROPERTIES, AS LESSOR AND EXAGEN DIAGNOSTICS, INC., AS LESSEE, FOR THE PREMISES LOCATED AT 1261 LIBERTY WAY, SUITES B & C, CALIFORNIA.

Lessor and Lessee mutually agree to amend the lease as follows:

Parties (1.1):
Lessee has changed their name and shall here for be referred to as Exagen Inc., a Delaware Corporation

Paragraph 1.3 (Term):
The Lease Term will be extended to the new Expiration Date of April 30, 2027

Paragraph 50 (Rent Schedule):
Base Rent shall be as follows:

DatesBase Rent
February 1, 2026 - April 30, 2027$20,084.42 per month

All other terms and conditions of the existing Lease shall remain in full force and effect.

This addendum shall automatically expire is not executed by Lessee on or before Friday October 15, 2021.

AGREED AND ACCEPTED:

LESSOR:LESSEE:
RGS PropertiesExagen Inc., a Delaware Corporation
By: /s/ Scott SmithBy: /s/ Ron Rocca
By: /s/ Greg SmithRon Rocca
Date: 10/19/2021Title: CEO
Date: 10/12/2021