Amendment No. One to Lease Agreement between SeaBreeze I Venture TIC and Resonant, Inc.

Contract Categories: Real Estate › Lease Agreements
Summary

This amendment updates the lease agreement between SeaBreeze I Venture TIC (landlord) and Resonant, Inc. (tenant) for Suite 306 at 111 Anza Boulevard, Burlingame, California. The lease term is extended for one year, from November 24, 2015, to November 30, 2016, with a monthly rent of $4,925. The base year for expenses is set as 2016, and the existing security deposit remains in place. All other terms of the original lease remain unchanged.

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EX-10.1 2 resn20150630-ex101.htm EXHIBIT 10.1 RESN.2015.06.30-EX10.1


Exhibit 10.1

Amendment No. One to Lease
Resonant

This Amendment dated May 5, 2015 is by and between SeaBreeze I Venture TIC ("Lessor") and Resonant, Inc. (''Lessee"). Lessor and Lessee entered into a Lease Agreement dated November 11, 2013 (the "Lease") for the premises known as Suite 306 at 111 Anza Boulevard, Burlingame, California.
Such Lease is hereby amended as follows:

Premises: Suite 306, consisting of approximately 1,759 square feet

Lease Term: One (1) Year-November 24, 2015 to November 30, 2016

Base Rent
Schedule:     Year 1:         $2.80 per square foot         $4,925.00 per month

Base Year:     Per Paragraph 4 of the Lease, the Base Year shall be 2016.

Security
Deposit:     Per existing lease agreement, Landlord shall retain Security Deposit


All other terms and conditions of the Lease shall remain unchanged.

AGREED & ACCEPTED:

LESSOR
 
LESSEE
SeaBreeze I Venture TIC
 
Resonant, Inc.
/s/ Phillip Raiser
 
/s/ Terry Lingren
Phillip Raiser, Agent
 
Terry Lingren
Date: 5/19/15
 
Date: 5/19/15