Fourth Addendum to Office Lease between Oritz Properties, Inc. and Kindred Biosciences, Inc.

Summary

This addendum updates the office lease between Oritz Properties, Inc. (landlord) and Kindred Biosciences, Inc. (tenant) for Suite 200, covering 6,900 square feet. The lease term starts December 1, 2020, and ends November 30, 2023. Monthly base rent begins at $21,459, with annual increases, and an additional security deposit of $22,770 plus $250 is required. All other terms from the original lease remain unchanged and are extended through the new term.

EX-10.12 3 exhibit1012fourthleaseadde.htm EX-10.12 Document

Exhibit 10.12

FOURTH ADDENDUM TO ORITZ BUILDING OFFICE LEASE

All terms and conditions remain unchanged from Original Office Lease signed between Oritz Properties, Inc, a California corporation (“Landlord”) and Kindred Biosciences, Inc. (“Tenant”), except for the following:

Premises: Suite 200 / rentable area as 6,900 Square feet

Commencement Date: December 1, 2020

Base Rent: $3.11 per rentable square foot per month ($21,459.00/month)

Annual increases starting:

December 1, 2021 at $3.20 per sq ft ($22,080.00 per month)

December 1, 2022 at $3.30 per sq ft ($22,770.00 per month)

Termination Date: November 30, 2023

Additional Security deposit: $22,770.00 plus $250

All other terms and conditions of the Original Office Lease remain in full force and effect, and are extended throughout the extended Lease Term set forth above


Landlord: Oritz Properties, Inc. By: /s/ Vladimir Grave Its: Date: 9/25/2020			Tenant Kindred Biosciences, Inc. By: /s/ Wendy Wee Its: CFO Date: 9/24/20

ORITZ CORPORATION 1555 Bayshore Highway. Burlingame, CA 94010 · (650) 692-8000 ·FAX ###-###-####