ASSUMPTION OF LEASE
Exhibit 10.11
Reference is made to the Lease between Triumph 1450 LLC (the “Lessor”) and Replidyne, Inc.
(“Replidyne”), dated as of October 25, 2005, as amended August 25, 2006 (the “Lease”). In
connection with the business combination transaction contemplated by that certain Agreement and
Plan of Merger and Reorganization by and among Replidyne, Responder Merger Sub, Inc. and
Cardiovascular Systems, Inc., a Minnesota corporation, dated as of November 3, 2008, and effective
as of February 25, 2009, Cardiovascular Systems, Inc., a Delaware corporation (the “Company”),
hereby assumes all of Replidyne’s obligations under the Lease and agrees to perform all of the
covenants and conditions of the Lease required of Replidyne as set forth therein. This Assumption
of Lease is being provided to Lessor pursuant to the terms of Section 12.2(a) of the Lease.
COMPANY: CARDIOVASCULAR SYSTEMS, INC. |
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Dated: 3/19/09 | By: | /s/ Xxxxx X. Xxxxxxxx | ||
Name: | Xxxxx X. Xxxxxxxx | |||
Its: Chief Administrative Officer | ||||
The undersigned Lessor hereby acknowledges the foregoing Assumption of Lease.
LESSOR: SHMAEL 9450 INVESTORS LLC |
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Dated: 3/23/09 | By: | /s/ Xxx X. Xxxxxxx | ||
Name: | Xxx X. Xxxxxxx | |||
Its: Authorized Signatory | ||||