Common use of Expansion Term Clause in Contracts

Expansion Term. Landlord and Tenant acknowledge that Tenant's lease of the Existing Premises is scheduled to expire on February 6, 2019, pursuant to the terms of the Lease. Notwithstanding anything to the contrary in the Lease, the term of Tenant's lease of the Existing Premises is hereby extended and shall expire coterminously with the term of Tenant's lease of the Expansion Premises on May 31, 2028 (the "Expansion Expiration Date"), unless sooner terminated as provided in the Lease, as hereby amended, provided that in the event 761257.05/WLA 183305-00010/3-9-17/gjn/gjn -2- HCP LS Redwood City, LLC [Third Amendment] [Oncomed Pharmaceuticals, Inc.] Tenant timely exercises the Expansion Termination Right, then the Lease Term with respect to the Existing Premises shall still be extended to and shall expire on May 31, 2028. The period of time commencing on the Expansion Commencement Date and terminating on the Expansion Expiration Date, shall be referred to herein as the "Expansion Term."

Expansion Term. Landlord and Tenant acknowledge that Tenant's ’s lease of the Existing Premises is scheduled to expire on February 6, 2019, pursuant to the terms of the Lease. Notwithstanding anything to the contrary in the Lease, the term of Tenant's ’s lease of the Existing Premises is hereby extended and shall expire coterminously with the term of Tenant's ’s lease of the Expansion Premises on May 31, 2028 (the "“Expansion Expiration Date"”), unless sooner terminated as provided in the Lease, as hereby amended, provided that in the event 761257.05/WLA 183305-00010/3-9-17/gjn/gjn -2- HCP LS Redwood City, LLC [Third Amendment] [Oncomed Pharmaceuticals, Inc.] Tenant timely exercises the Expansion Termination Right, then the Lease Term with respect to the Existing Premises shall still be extended to and shall expire on May 31, 2028. The period of time commencing on the Expansion Commencement Date and terminating on the Expansion Expiration Date, shall be referred to herein as the "“Expansion Term."”