AMENDMENT TO LEASE AGREEMENT
(Modification of terms and rents)
The purpose of this Amendment, dated January 21, 1997, is to modify
the terms of the Lease as noted, between 0000 Xxxxxxx Xxxxxx
Partnership, "LESSOR," and Somatogen, Inc., "LESSEE," for The Premises
located at 0000 Xxxxxxx Xxxxxx, Xxxxxxx, XX.
This Amendment modifies the term of the Lease Agreement, dated
February, 14, 1995, as referenced in Paragraph 2 and all other written
Agreements, and provides for the rent schedule Paragraph 31 and terms
to be modified.
The Lessor hereby leases the Premises to the Lessee, and the Lessee
hereby leases the Premises from the Lessor, for a term commencing at
12:01 A.M. on the 1st day of November, 1997 and ending at 11:59 P.M.
on the 31st day of October, 2001, unless sooner terminated as herein
set forth. The Lessee agrees to pay Lessor as rent for the premises
according to the terms of the RENT SCHEDULE below:
November 1, 1997 through October 31, 1998 $18,894.00 per month
November 1, 1998 through October 31, 1999 $19,649.00 per month
November 1, 1999 through October 31, 2000 $20,435.00 per month
November 1, 2000 through October 31, 2001 $21,253.00 per month
Lessee agrees, at the request of the Lessor, to remove all equipment
and improvements Lessee has made or added to the Premises.
Additionally, Lessee agrees to make all the necessary repairs to the
Premises in connection with the removal of equipment and improvements,
in a workmanlike manner.
All other terms and conditions of the original Lease, all Amendments
and all other written agreements are to remain in full force and
effect.
IN WITNESS WHEREOF, the parties have hereunto set their hands and
seals this date and year above written.
LESSOR: 0000 Xxxxxxx Xxxxxx Partnership
BY: /s/ Xxxxx X. Xxxx
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LESSEE: Somatogen, Inc.
BY: /s/ Xxxxxxx X. Xxxxxxxx
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ITS: Senior Vice President of Finance,
and Administration, CFO and Treasurer
