Office Lease

Contract Categories: Real Estate - Lease Agreements
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 ###-###-####
www.oritzcorp.com