Lease Amendments between 334 W. Gardena Blvd, LLC and Polar Power, Inc. (November 7, 2018)

Contract Categories: Real Estate › Lease Agreements
Summary

334 W. Gardena Blvd, LLC (Lessor) and Polar Power, Inc. (Lessee) agreed to two amendments to their lease for 400 W. Gardena Blvd., Carson, CA. The first amendment corrects the property address in the original lease. The second amendment allows for major remodeling of the office space and the addition of a clean room, with all alteration costs to be paid by the Lessee. Both amendments are signed by representatives of each party and are effective as of the original lease date, May 9, 2018.

Read More Arrow
EX-10.3 4 ex10-3.htm

 

Exhibit 10.3

 

EXHIBIT D

 

Lease Amendment

 

Dated: November 7, 2018

 

By and Between (Lessor): 334 W. Gardena Blvd, LLC.

 

By and Between (Lessee): Polar Power, Inc.

 

Address of Property: 400 W. Gardena Blvd., Carson, CA. 90248

 

This amendment is retroactively made effective to date of original lease signing, May 9, 2018. The purpose of this amendment is to correct a few line items that are considered by both parties as minor typing errors.

 

  A. The property address originally listed on the lease agree as 354 W. Gardena Blvd, Carson, CA. 90248 is hereby corrected to 400 W. Gardena Blvd, Carson, CA. 90248.

 

Read and agreed to by representatives of each party:

 

/s/ Marlene Alter 11/7/18   /s/ Luis Zavala 11/7/18
Marlene Alter, Lessor Date   Luis Zavala, Lessee Date
      End of Exhibit D

 

 
 

 

EXHIBIT E

 

Lease Amendment

 

Dated: November 7, 2018

 

By and Between (Lessor): 334 W. Gardena Blvd, LLC.

 

By and Between (Lessee): Polar Power, Inc.

 

Address of Property: 400 W. Gardena Blvd., Carson, CA. 90248

 

The purpose of this amendment is to agree on building alterations as follows:

 

  A. The current office space to be remodeled. Over 95% of the structure will be replaced with new construction. See attached diagram.
  B. A second room to be added towards the rear of the warehouse space to be used as a clean room for electronics assembly. See attached diagram.
  C. Lessee to cover cost of alterations.

 

Read and agreed to by representatives of each party:

 

/s/ Marlene Alter 11/7/18   /s/ Luis Zavala 11/7/18
Marlene Alter, Lessor Date   Luis Zavala, Lessee Date
      End of Exhibit E