Lease Amendment No. 1 between Parker-Raleigh Development XXX, LLC and LipoScience, Inc.

Summary

This amendment updates the original lease agreement between Parker-Raleigh Development XXX, LLC (Landlord) and LipoScience, Inc. (Tenant) for approximately 85,000 square feet at 2500 Sumner Boulevard, Raleigh, North Carolina. The amendment changes the tenant's name from LipoMed, Inc. to LipoScience, Inc. and confirms that all other terms of the original lease remain in effect unless specifically modified by this amendment.

EX-10.17.1 5 dex10171.txt LEASE AMENDMENT NO. 1 STATE OF NORTH CAROLINA EXHIBIT 10.17.1 LEASE AMENDMENT NO. 1 COUNTY OF WAKE THIS LEASE AMENDMENT is made this 5th day of March 2002, by and between PARKER-RALEIGH DEVELOPMENT XXX, LLC ("Landlord") and LIPOSCIENCE, INC. ("Tenant"). WHEREAS, Landlord and Tenant (collectively the "Parties") entered into a written agreement of Lease executed October 4, 2001 (the "Lease") whereby the Landlord leased to Tenant approximately 85,000 square feet of space located at 2500 Sumner Boulevard, Raleigh, North Carolina 27615 (the "Premises"); and, WHEREAS, the Tenant name has been changed and the parties wish to amend the Lease to reflect the change; and, WHEREAS, the parties desire to further amend and modify the Lease as hereinafter set forth. NOW, THEREFORE, by mutual agreement of the parties and in consideration of the mutual promises and obligations hereinafter set forth, the Lease is hereby amended and modified as follows: 1. Delete "LipoMed, Inc." wherever it appears in the Lease and Amendment No. 1 and substitute in its place: LipoScience, Inc. In the event of a conflict between the terms and conditions of the Lease and this Amendment, this Amendment shall govern and control. All terms defined in the Lease shall have the same meaning herein. Except as modified herein all terms and conditions of the Lease are ratified and confirmed in all other respects. IN WITNESS WHEREOF, the parties hereto have hereunto executed this Lease Amendment No. 2 in triplicate causing their respective seals to be affixed hereto the day and year first above written. LANDLORD: PARKER-RALEIGH DEVELOPMENT XXX, LLC By: Parker Lincoln Developers, Inc., Its Managing Agent ATTEST: /s/ Vickie B. Poor By:/s/ David L. Brady, CEO (SEAL) - --------------------------- ----------------------------- Asst. Secretary Vice President (CORPORATE SEAL) TENANT: LIPOSCIENCE, INC. a Delaware corporation ATTEST: /s/ James D. Otvos By: /s/ Richard A. Franco (SEAL) - --------------------------- ----------------------------- James D. Otvos Secretary Title: Chairman Name: Richard A. Franco (CORPORATE SEAL) Type or Print Page 2 of 2