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EXHIBIT 10.7(e)
THIRD AMENDMENT TO LEASE AGREEMENT
This is the Third Amendment ("Third 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, a First
Amendment thereto dated May 9, 1997, and a Second Amendment ("Second Amendment")
thereto executed July 31, 1998.
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 and Second Amendment after the sentence with
the word "hereunder".
Provided that Tenant exercised its option to extend the Fifth Term,
Tenant is hereby granted a sixth option to extend the term of this
Lease for an additional six month period (the "Sixth Extension Term")
commencing January 1, 2002 and ending June 30, 2002 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 Sixth Extension Term on or before July 1, 2001. Further, provided
that Tenant has exercised its option for the Sixth Extension Term,
Tenant is hereby granted an option to extend the term for this Lease
for an additional six month period (the "Seventh 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 Seventh Extension Term at least sixty (60) days prior to
the expiration of the Sixth Extension Term. The rental to be paid for
the Seventh Extension Term shall be an amount equal to the rental to be
paid for the Sixth 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
Fifth Extension Term.
Executed to be effective as of the 29th day of June, 2000.
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-Operations
