Notice of Exercise of Option to Extend Lease Term between Rigetti & Co, LLC and Temescal, LP/Contra Costa Industrial Park, II

Contract Categories: Real Estate Lease Agreements
Summary

Rigetti & Co, LLC has formally notified Hall Equities Group, on behalf of the lessors Temescal, LP and Contra Costa Industrial Park, II, that it is exercising its option to extend the term of its existing lease. The lease, originally dated April 15, 2015, will now continue through the new expiration date of October 31, 2025, as allowed under the lease's extension provisions. This notice confirms the extension and fulfills the required process under the lease agreement.

EX-10.27 9 rgti-20241231xex10d27.htm EX-10.27

Exhibit 10.27

Rigetti & Co, LLC
775 Heinz Avenue
Berkeley CA 94710

July 28, 2022

Hall Equities Group

150 North Wiget Lane, Suite 250

Walnut Creek CA 94598

c/o Nick Zankich Director of leasing

With a copy via email: ***@***

Re: Notice of Exercise of Option to Extend Lease Term

Dear Nick:

This letter serves as notice of exercise of the option to extend the lease term by Rigetti & Co, LLC (formerly known as Rigetti & Co, Inc.) a Delaware limited liability company (“Lessee”) pursuant to Section 53 of the Standard Industrial/Commercial Multi-Tenant Lease – Gross, between Lessee and Temescal, LP, a California limited partnership and Contra Costa Industrial Park, II, a California limited partnership (collectively, “Lessor”) dated as of April 15, 2015, as amended, (the “Lease”).

Pursuant to this notice, the Lease is hereby extended through the Option Term with an expiration of October 31, 2025.

Sincerely,

/s/ Rick Danis

Rick Danis

General Counsel

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