Amendment No. One to Lease
Exhibit 10.1
Amendment No. One to Lease
Resonant
This Amendment dated May 5, 2015 is by and between SeaBreeze I Venture TIC ("Lessor") and Resonant, Inc. (''Lessee"). Lessor and Lessee entered into a Lease Agreement dated November 11, 2013 (the "Lease") for the premises known as Suite 306 at 000 Xxxx Xxxxxxxxx, Xxxxxxxxxx, Xxxxxxxxxx.
Such Lease is hereby amended as follows:
Premises: Suite 306, consisting of approximately 1,759 square feet
Lease Term: One (1) Year-November 24, 2015 to November 30, 2016
Base Rent
Schedule: Year 1: $2.80 per square foot $4,925.00 per month
Base Year: Per Paragraph 4 of the Lease, the Base Year shall be 2016.
Security
Deposit: Per existing lease agreement, Landlord shall retain Security Deposit
All other terms and conditions of the Lease shall remain unchanged.
AGREED & ACCEPTED:
LESSOR | LESSEE | |
SeaBreeze I Venture TIC | Resonant, Inc. | |
/s/ Xxxxxxx Xxxxxx | /s/ Xxxxx Xxxxxxx | |
Xxxxxxx Xxxxxx, Agent | Xxxxx Xxxxxxx | |
Date: 5/19/15 | Date: 5/19/15 |