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CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED.
| DATE: | February 20, 2008 | |
TO: |
Xxxx Xxxxxxx NewLink Genetics Corporation 0000 X. Xxxx Xxxxx, Xxxxx 0000 Xxxx, XX 00000 |
|
FROM: |
Xxxxxx X. Xxxxxx, President |
|
RE: |
ADDENDUM TO THE LEASE BETWEEN ISU RESEARCH PARK CORPORATION AND NEWLINK GENETICS CORPORATION DATED FEBRUARY 1, 2001. |
The following information constitutes additions to the Lease Agreement between ISU Research Park Corporation (Landlord) and NewLink Genetics Corporation (Tenant). Upon signatures of appropriate representatives of Landlord and Tenant affixed to this Memorandum, this Memorandum becomes a part of that Lease Agreement dated February 1, 2001.
Landlord agrees to extend the Lease Agreement for Suites 3350 (containing ±1,038 gsf), 3560 (containing ±701 gsf), and 3600 (containing ±1,325 gsf) and for Suite 3900 (containing ±3,147 gsf) in Building #3 at 0000 Xxxxx Xxxx Xxxxx, beginning March 1, 2008, in the following manner:
Term
|
Sq. Ft. Base Rents |
Sq. Ft. Operating Rents |
Monthly Base Rents |
Monthly Operating Rents |
Annual Base Rents |
Annual Operating Rents |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suites 3350, 3560 & 3600 (containing ±3,064 gsf) |
|||||||||||||||
3/1/2008 - 6/30/2009 |
$ | 12.00 | Actual | $ | 3,064.00 | Actual | $ | 36,768.00 | Actual | ||||||
Suite 3900 (containing ±3,147 gsf) |
|||||||||||||||
3/1/2008 - 6/30/2009 |
$ | 12.75 | Actual | $ | 3,343.69 | Actual | $ | 40,124.28 | Actual | ||||||
Suites 3540 & 3550 (containing ±1,439 gsf) |
|||||||||||||||
1/1/2009 - 6/30/2009 |
$ | 12.50 | Actual | $ | 1,498.96 | Actual | $ | 17,987.52 | Actual | ||||||
Tenant leases the space as is. Any modifications will be at the Tenant's sole expense. Landlord agrees to release Tenant from this lease obligation upon Tenant's move into a larger facility at the ISU Research Park. Subject to the terms of this Memorandum, Tenant agrees that all terms and conditions of the February 1, 2001 Lease and those described in this Memorandum shall remain in force.
Please sign and return both originals to my office by February 25, 2008 if you concur with the above terms. We will then send a fully executed copy for your records.
AGREED
| FOR NewLink Genetics Corporation |
FOR ISU Research Park Corporation |
|
/s/ Xxxx Xxxxxxx |
/s/ Xxxxxx X. Xxxxxx |
|
Controller Title |
President Title |
|
2/21/08 Date |
2/21/08 Date |
2
Memorandum of Agreement
