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EXHIBIT 10.7(d)
SECOND AMENDMENT TO LEASE AGREEMENT
This is the Second Amendment ("Second Amendment") to the Lease Agreement ("Lease
Agreement") made and entered into by and between Plaza del Oro Business Center
and Introgen Therapeutics, Inc. with an effective date of June 7, 1996 and
First Amendment ("First Amendment") thereto executed May 9, 1997.
For $10.00 and other good and valuable consideration, including exercise by
Tenant of its option to extend, Landlord and Tenant agree to amend the Lease
Agreement by adding the following language at the end of subparagraph O of
Article VI of the Lease and First Amendment after the sentence ending with the
word "hereunder".
Provided that Tenant exercises its option to extend for the Third
Extension Term, Tenant is hereby granted a fourth option to extend the
term of this Lease for an additional two year period (the "Fourth
Extension Term") commencing January 1, 1999 and ending December 31,
2000 upon the same terms and conditions as herein contained except for
rental which will be Twenty-Seven Thousand and no/100 Dollars per annum
paid monthly in advance as provided herein in the amount of Two
Thousand Two Hundred Fifty and no/100 Dollars ($2,250.00), and
provided, Tenant gives Landlord written notice of Tenant's election to
exercise its option for the Fourth Extension Term on or before
August 1, 1998. Further, provided that Tenant has exercised its option
for the Fourth Extension Term, Tenant is hereby granted an option to
extend the term of this Lease for an additional one year period (the
"Fifth Extension Term") upon the same terms and conditions as herein
contained, provided, Tenant gives Landlord written notice of Tenant's
election to exercise its option for the Fifth Extension Term at least
one hundred eighty (180) days prior to the expiration of the Fourth
Extension Term. The rental to be paid for the Fifth Extension Term
shall be an amount equal to the rental to be paid for the Fourth
Extension Term.
Except as herein amended, the Lease Agreement shall remain in full force and
effect. Landlord confirms that Tenant has timely exercised its option for the
Third Extension Term.
Executed to be effective as of the 31st day of July, 1998.
XXX X. XXXXXXX, dba
PLAZA DEL ORO BUSINESS CENTER
By: /s/ XXX X. XXXXXXX
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Xxx X. Xxxxxxx
INTROGEN THERAPEUTICS, INC.
By: /s/ J. XXXXX XXXXX XX.
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J. Xxxxx Xxxxx Xx.
Vice President-Administration