Lease Amendment
Exhibit 10.2
Exhibit C
This is an amendment to the Standard Industrial/Commercial lease agreement for property at 000 X. Xxxxxxx Xxxx, Xxxxxx, XX. 90248 between 354 W. Gardena, LLC, Lessor, and Polar Power, Inc., Lessee.
X. | Xxxxx in possession: Lessor needs more time to make property available for lessee. Delay in possession requires the following amendments: |
a. | Commencement Date: The new commencement date shall be _August 21, 2018_ and the new termination date August 31, 2023. | ||
b. | The prorated rent from August _21_, 2018 to August 31, 2018 shall be $8,103.95_. Calculated at ($22,838.40/31) x 11__ days. | ||
x. | Xxxxxx grants lessee a credit of $11,419.20 to be applied as a reduction of rent for each of the following months: |
i. | October 2018. | |||
ii. | November 2018. |
x. | Xxxxxx grants lessee a credit of $11,761.78 to be applied as a reduction of rent for each of the following months: |
i. | September 2019. | |||
ii. | October 2019. |
Read and agreed to by representatives of each party:
/s/ Xxxxxxx Xxxxx | 8/20/18 | /s/ Xxxx Xxxxxx | 8/20/18 | |
Xxxxxxx Xxxxx, Lessor | Date | Xxxx Xxxxxx, Lessee | Date | |
End of Exhibit C |