Lease Amendment Agreement between RXi Pharmaceuticals Corporation and Newgate Properties, LLC (November 2008)

Summary

This agreement amends the existing lease between RXi Pharmaceuticals Corporation and Newgate Properties, LLC. Effective November 5, 2008, RXi will add room GP3009, which is 595 square feet, to its leased premises. The rent will increase by $34 per square foot per year, resulting in a new total monthly rent of $17,402.33. Both parties have agreed to these terms by signing the amendment.

EX-10.10 9 b88518exv10w10.htm EX-10.10 exv10w10

Exhibit 10.10


		D’Anne Hurd Vice President and General Counsel Vice President for Business Development at Gateway Park 100 Institute Road • Worcester, MA ###-###-#### Phone: 508 ###-###-#### • Fax: 508 ###-###-#### e-mail: *@*

November 4, 2008

Tod Woolf, Ph.D.
RXi Pharmaceuticals Corporation
60 Prescott St.
Worcester, MA 01609

Subject: RXi Pharmaceuticals/Newgate Properties Lease Amendment

Dear Tod,

Per your discussion with Eric Overstrom, Director of the WPI Life Sciences and Bioengineering Center (Newgate Properties, LLC), this letter is to serve as an amendment to the Lease between RXi Pharmaceuticals Corporation and Newgate Properties, LLC dated September 25, 2007.

Beginning November 5, 2008, RXi Pharmaceuticals Corporation agrees to add to their premises room GP3009 (as shown on the attached floor plan) which contains 595 useable square feet of office space. Per the discussed terms rent will increase by a rate of $34.00 per square foot per annum ($1,685.83 per month). Total monthly basic rent will be $17,402.33 beginning November 5,2008.

By signing this letter, we agree to the above terms.

Very truly yours,


LANDLORD: Newgate Properties, LLC
By:	/s/ D’Anne Hurd
	D’Anne Hurd, Vice President and General Counsel
	Worcester Polytechnic Institute


TENANT: RXi Pharmaceuticals Corporation Acknowledged and Agreed to as of this day ______ of November, 2008.
By:	/s/ Tod Woolf
	Tod Woolf, Ph.D., President and CEO
	RXi Pharmaceuticals Corporation