Addendum to Commercial Lease Between Cruiser Lane LLC and Xtant Medical, Inc. (July 29, 2022)
This addendum extends the commercial lease agreement between Cruiser Lane LLC (Landlord) and Xtant Medical, Inc. (Tenant) until October 31, 2025. All other terms from the original 2012 lease and the 2018 renewal remain unchanged and in effect. The document is signed by representatives of both parties, confirming their mutual agreement to the extension.
Exhibit 10.32
ADDENDUM TO COMMERCIAL LEASE BETWEEN
CRUISER LANE LLC AND BACTERIN INTERNATIONAL HOLDINGS, INC.
(a/k/a, XTANT MEDICAL, INC.)
DATED: July 29, 2022
The parties to this Addendum to Commercial lease are Cruiser Lane, LLC (hereinafter known as Landlord) and Xtant Medical, Inc., formerly known as Bacterin International Holdings, Inc. (referred to hereinafter as Tenant). This document serves as an Addendum to the collective Commercial Lease and supporting documents (effective February 1, 2012) and the subsequent lease renewal Addendum dated December 3, 2018.
| 1. | Term: As permitted through mutual agreement of both parties under item 1 of the Addendum dated December 3, 2018, the termination date outlined therein shall be extended to October 31, 2025. | |
| 2. | All other terms and addendums of the original contract of 2012 remain in full force and effect. |
Signed and Dated:
| /s/ Ronald R. Pierzina | Date | 7/1/2022 | |
| Ronald R Pierzina | |||
| Managing Partner | |||
| Cruiser Lane, LLC | |||
| /s/ Laura J Pierzina | Date | 7-1-2022 | |
| Laura J Pierzina | |||
| Managing Partner | |||
| Cruiser Lane, LLC | |||
| /s/ Scott Neils | Date | 7/29/2022 | |
| Scott Neils | |||
| Chief Financial Officer | |||
| Xtant Medical, Inc. |
