Third Lease Amendment, dated as of September 9, 2021, by and between the Company and Duke & Duke

Contract Categories: Real Estate - Lease Agreements
EX-10.1 2 brhc10030460_ex10-1.htm EXHIBIT 10.1

Exhibit 10.1


This Lease Amendment made this 9th day of September, 2021 by and between DUKE & DUKE, a Limited Partnership, of 37000 Grand River Avenue, Suite 360, Farmington Hills, MI 48335, as “LANDLORD” and Ocuphire Pharma, Inc. of 37000 Grand River Avenue, Suite 120, Farmington Hills, MI 48335, as “TENANT’.


WHEREAS, on or about the 31st day of August, 2021, Landlord and Tenant entered into a Lease Agreement with a First Amendment on October 29, 2019, and a Second Amendment on November 17, 2020. The Lease together with any and all Amendments and/or riders is herein collectively referred to as, “Lease”. The certain demised premises consists of 1,623 rentable square feet and being commonly known as Suite 120 at 37000 Grand River Avenue, Farmington Hills, MI 48335; and
WHEREAS, the parties wish to amend this Lease in respect to the demised premises in that Tenant will extend the term of the Lease; and

NOW THEREFORE, in consideration of monies to be paid and covenants and conditions to be performed, IT IS HEREBY AGREED AS FOLLOWS:

That the rent for the Suite known as Suite 120 will be as follows;

01/01/2022 – 12/31/2022
$22.00 per rentable square foot

That the expiration date of Tenant’s Lease shall be December 31, 2022.

Tenant Share: 2.13%

Base Tax:

5.            Miscellaneous: The Lease remains in full force and effect and has not been modified or extended except as specifically set in this Third Amendment and extension of lease agreement. To the extent of any conflict between this Amendment and extension of lease agreement and the lease, the provisions of this Third Amendment shall control.

Ocuphire Pharma, Inc.
a Limited Partnership
/s/ Mina Sooch
/s/ Thomas Duke
Name: Mina Sooch
Name: Thomas Duke
Its: CEO
Its: Gen Ptnr
Date: 9/9/2021
Date: 9/9/2021