EXHIBIT 10.29
SECOND AMENDMENT TO LEASE
DATED DECEMBER 23, 1996
BY AND BETWEEN
XXXXXXX XXXX, LESSOR
AND
BIOMARIN PHARMACEUTICAL INC., A DELAWARE CORPORATION, SUCCESSOR IN
INTEREST TO GLYKO, INC., LESSEE
DATED DECEMBER 31, 2002
Lessor and Glyko, Inc. entered into that certain Lease dated as of December 23,
1996, as amended by that certain Addendum to Lease dated as of December 23, 1996
and that certain Amendment to Lease Agreement dated as of March 15, 2000
(collectively the "Lease").
Lessor and Lessee hereby agree as follows:
1. Extension of Lease Term:
Commencing April 1, 2003 the term of the lease shall be extended to March
31, 2005.
2. Rent:
The monthly rent for the extended term shall be $14,500 per month
commencing April 1, 2003.
3. Right to Terminate:
Beginning upon execution of this agreement, notwithstanding the extension
of the term of the Lease from March 31, 2003 to March 31, 2005, Lessee
shall have the right to terminate the lease agreement at no charge to
Lessee by giving Lessor one hundred eighty (180) days prior written notice.
4. Entire Agreement:
The Lease, as amended by this Amendment, contains all of the agreements of
the parties hereto with respect to any matter covered or mentioned in this
Amendment. No prior agreement, understanding, or representation pertaining
to any such matter shall be effective for any purpose.
LESSOR: Xxxxxxx Xxxx, an individual
By: /s/ XXXXXXX XXXX
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Date: 12/31/02
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LESSEE: BioMarin Pharmaceutical Inc., a Delaware corporation, successor in
interest to Glyko, Inc., a California corporation
By: /s/ XXXXXXX XXXXXX
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Title: VP, Admin.
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Date: 12/31/02
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