Exhibit 10.05
SECOND LEASE EXTENSION
We, the undersigned, hereby agree to renew and extend that lease (Lease)
between Sunbeam Properties, Inc. (Lessor) and Heartware, Inc. f/k/a Perpetual
Medical, Inc and successor to Kritan Medical, Inc. (Lessee) on property located
at 0000 Xxxxxxxxx Xxx, Xxxxxxx, Xxxxxxx Xxxxxx, Xxxxxxx 00000, Florida, for an
additional three years, commencing May 1, 2005 and ending on April 30, 2008. The
monthly rent is to be as follows:
$17,161.79 per month plus applicable sales tax from May 1, 2005 thru April
30, 2006;
$17,654.78 per month plus applicable sales tax from May 1, 2006 thru April
30, 2007;
$18,167.48 per month plus applicable sales tax from May 1, 2007 thru April
30, 2008.
Such payments are in addition to all other payments to be made under the
Lease by Lessee, including but not limited to Lessee's obligation to pay
increases in Expenses above the Base Year Expenses as described in Paragraphs 25
thru 28.
Lessee and Lessor each represent to the other that no broker is due a
commission from this Lease Extension.
The security deposit in the amount of $14,300.25 shall continue to be held
by Lessor pursuant to the terms of the Lease.
All other terms and conditions will remain unchanged.
LESSOR: Sunbeam Properties, Inc.
/s/ Xxxxx Pink /s/ Xxxxxx X. Xxxxx
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Witness Sign Name Xxxxxx X. Xxxxx, V.P.
Xxxxx Pink 2/20/05
Witness Print Name Date
/s/ Xxxxxxx XxXxxxx
-------------------------------------
Witness Sign Name
Xxxxxxx XxXxxxx
Witness Print Name
LESSEE: Heartware, Inc.
/s/ Xxxxxx Xxxxxx /s/ Xxxxxxx X. XxXxxx
------------------------------------- ----------------------------------------
Witness Sign Name Sign
Xxxxxx Xxxxxx Xxxxxxx X. XxXxxx
Witness Print Name Print
/s/ Xxxxxxx Xxxxxxxx Chief Scientific Officer
------------------------------------- Title
Witness Sign Name
Xxxxxxx Xxxxxxxx 2/8/05
------------------------------------- Date
Witness Print Name
