Commencement Date Memorandum between RREEF America REIT II Corp. PPP and Repare Therapeutics USA, Inc.
This memorandum, dated February 25, 2021, is between RREEF America REIT II Corp. PPP (Landlord) and Repare Therapeutics USA, Inc. (Tenant). It confirms the start and end dates of a lease for 11,312 square feet at 101 Main Street, Cambridge, MA. The lease term began on December 10, 2021, with rent starting January 10, 2022, and ending January 31, 2025. The agreement also updates the rent schedule for the duration of the lease. All other terms remain as stated in the original lease.
EXHIBIT 10.28
COMMENCEMENT DATE MEMORANDUM
THIS MEMORANDUM, made as of February 25, 2021, by and between RREEF AMERICA REIT II CORP. PPP, a Maryland corporation (“Landlord”) and REPARE THERAPEUTICS USA, INC, a Delaware corporation (“Tenant”).
Recitals:
NOW, THEREFORE, Landlord and Tenant agree as follows:
Time Period | Rentable Square Footage | Annual Rent Per Square Foot | Annual Rent | Monthly Installment of Rent |
1/10/2022-1/31/2023 | 11,312 | $93.00 | $1,052,016.00 | $87,668.00 |
2/1/2023-1/31/2024 | 11,312 | $94.86 | $1,073,056.32 | $89,421.36 |
2/1/2024-1/31/2025 | 11,312 | $96.76 | $1,094,549.12 | $91,212.43 |
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date and year first above written.
| LANDLORD: |
| TENANT: |
| RREEF AMERICA REIT II CORP. PPP, a Maryland corporation
|
| REPARE THERAPEUTICS USA, INC, a Delaware corporation |
By: | /s/ David F Crane | By: | /s/ Lloyd Segal |
Name: | David F Crane | Name: | Lloyd Segal |
Title: | Vice President | Title: | President & CEO |
|
|
|
|
By: | /s/ Gerald F/ Ianetta |
|
|
Name: | Gerald F. Ianetta |
|
|
Title: | Vice President |
|
|