FIRST AMENDMENT TO LEASE EXTENDING LEASE TERM

It is hereby agreed by the undersigned that the Lease dated the 13th day of May, 2013, by and between CALABASAS/SORRENTO SQUARE, LLC, a Delaware limited liability company, “Lessor”, and IMMUNOCELLULAR THERAPEUTICS, LTD. a Delaware corporation, “Lessee”, for the Premises commonly known as 23622 Calabasas Road, Suite 300, Calabasas, CA 91302, consisting of approximately 3,431 rentable square feet, including the overhang, shall be extended for a period of One (1) Year commencing September 1, 2016, and ending August 31, 2017.

1.    RENT: Lessee agrees to pay to Lessor in advance at such places as may be designated from time to time by Lessor, without deduction or offset, and Lessor agrees to accept as Rent for the Premises, together with such other assessments additions and pass throughs as are described in the Lease, Rent for the Extended Lease Term pursuant to the following schedule:

2.     FIXED RENTAL INCREASES: There are no rental increases associated with this Amendment.

3.    SECURITY DEPOSIT INCREASE: Security Deposit shall remain the same.

Rent for 09/01/16 through 09/30/2016 =     $8,554.00    

    Security Deposit Increase =     $ 0.00

5.    There are no suite improvements nor rent concessions associated with this extension.

6.    Lessee warrants and represents that there are no present and outstanding breaches of Lease by Lessor and that Lessee has no claims or offset of any kind or nature against Lessor.

EXCEPT AS HEREINABOVE AMENDED, the Lease Agreement shall remain unchanged and shall continue in full force and effect.

THIS OFFER AND ANY SUBSEQUENT OFFERS SHALL BE CONSIDERED BINDING ONLY WHEN DOCUMENTS ARE FULLY EXECUTED BY LESSOR AND LESSEE.