First Amendment to Brisbane Technology Park Lease between GAL-BRISBANE, L.P. and InterMune Pharmaceuticals, Inc.
Contract Categories:
Real Estate
›
Lease Agreements
Summary
This amendment updates the original lease agreement between GAL-BRISBANE, L.P. (Landlord) and InterMune Pharmaceuticals, Inc. (Tenant) for the Brisbane Technology Park. The main change allows the Tenant to use the premises for a broader range of business activities, including office, research, laboratory, marketing, pharmaceutical storage and distribution, manufacturing, and warehousing, as well as any other legal use permitted by the City of Brisbane. All other terms of the original lease remain unchanged.
EX-10.32 3 a2040926zex-10_32.txt EXHIBIT 10.32 Exhibit 10.32 FIRST AMENDMENT TO BRISBANE TECHNOLOGY PARK LEASE THIS FIRST AMENDMENT TO BRISBANE TECHNOLOGY PARK LEASE (this "First Amendment") is made as of this 26th day of February, 2001 by and between GAL-BRISBANE, L.P., a California limited partnership, as "Landlord," and INTERMUNE PHARMACEUTICALS, INC., a Delaware corporation, as "Tenant." RECITALS A. Landlord and Tenant entered into that certain Brisbane Technology Park Lease (the "Original Lease") dated as of December 18, 2000. B. Now Landlord and Tenant desire to amend the Original Lease as set forth herein. AGREEMENT NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 1. Paragraph 5(a) of the Original Lease is hereby amended and restated, in its entirety, to read as follows: TENANT'S USE. Subject to the provisions of PARAGRAPHS 5(b) AND (c) hereof, Tenant shall use the Premises solely for office, administration, research and development, laboratory, marketing, pharmaceutical storage and distribution, manufacturing and warehousing purposes and for any other legal purpose permitted by the City of Brisbane, California, and shall not use the Premises for any other use or purpose. 2. This First Amendment is made effective as of December 18, 2000. 3. Except as expressly amended hereby, the Original Lease shall remain in full force and effect. 4. All references to the "Lease" in the Original Lease shall hereby be deemed to refer to the Original Lease as modified by this First Amendment. [There is no further text on this page.] IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date first written above. TENANT: INTERMUNE PHARMACEUTICALS, INC., a Delaware corporation By: /s/ Stephen N. Rosenfield ------------------------ Stephen N. Rosenfield, its Senior Vice President of Legal Affairs By: ------------------------ Name: ------------------------ Its: ------------------------ LANDLORD: GAL-BRISBANE, L.P., a California limited partnership By: Brisbane Tech LLC, a Delaware limited liability company, its general partner By: Stuhlmuller Real Estate, LLC, a Delaware limited liability company By: /s/ Roger C. Stuhlmuller --------------------------------- Roger C. Stuhlmuller, its manager