Macrogenics, Inc. Amendment to Lease Agreement

EX-10.9 10 d575431dex109.htm EX-10.9 EX-10.9

Exhibit 10.9

213030501

Macrogenics, Inc.

Amendment to Lease Agreement

This Amendment to Lease Agreement (“AGREEMENT”) made and entered into this 26th day of March 2013, by and between RED GATE III LLC (“LANDLORD”) and MACROGENICS, INC. (“TENANT”).

WITNESSETH:

Whereas, the LANDLORD and TENANT entered into a certain lease (“LEASE”) dated May 31, 2011, covering 41,886 square feet of space (“PREMISES”) located in 9640 Medical Center Drive, Rockville, Maryland (“BUILDING”); and

Now, therefore, the parties hereto, intending to be legally bound, do covenant and agree as follows:

 

  1. Commencing May 1, 2013, Four Thousand Three Hundred Eighty One (4,381) rentable square feet (“EXPANSION SPACE”) is added to the PREMISES, thus increasing total rentable square footage of PREMISES to Forty Six Thousand Two Hundred Sixty Seven (46,267).

 

  2. Commencing May 1, 2013, the TENANT shall occupy One Hundred Percent (100%) of the BUILDING and shall be responsible for all of Utilities, Operating Expenses and Real Estate Taxes.

 

  3. Commencing September 1, 2013, TENANT’S monthly Minimum Rent shall be Eighty Thousand Three and 35/100 Dollars ($80,003.35), and shall increase by three percent (3%) annually in accordance with the LEASE.

 

  4. Prior to May 1, 2013, TENANT shall have access for establishing and installation of any communication, I.T. or infrastructure.

 

  5. Landlord shall supply new building standard paint and carpet to EXPANSION SPACE.

Ratification of LEASE: Except as expressly modified or amended by this AGREEMENT, all terms, covenants and conditions of the LEASE shall remain the same.

In witness whereof, LANDLORD and TENANT have caused this AGREEMENT to be executed as of this 26th day of March 2013, and do hereby declare this AGREEMENT to be binding on them, their respective successors and assigns.

 

WITNESS:     LANDLORD:
      RED GATE III LLC
illegible     /s/ William M. Rickman
      By:   William M. Rickman
WITNESS:     TENANT:
      MACROGENICS, INC.
illegible     /s/ Scott Koenig
      By:   Scott Koenig

 

Macrogenics Inc.

9640 Medical Center Drive

    First Amendment
Rockville, Maryland    Page 1 of 2

 

 

Macrogenics Inc.

9640 Medical Center Drive

    First Amendment
Rockville, Maryland    Page 2 of 2