EXHIBIT 10.4
[LETTERHEAD OF CTI]
September 6, 1996
XXXX DELIVERED
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Xx. Xxxxx X. Xxxxx
Xxxxx Corporation
000 Xxxxxxx Xxxxxx Xxxx, Xxxxx 000
Xxxxxxx, XX 00000
Re: Lease Amendment
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Dear Xxxx:
Cti acknowledges that the Office Lease Agreement dated March 29, 1985, as
amended (Lease) and assigned to cti under the Assignment of Lease (Assignment)
dated April 23, 1993, should be further amended.
Accordingly, paragraph 1.l should read:
1.l Description. Landlord hereby leases to Tenant and Tenant hereby rents
from Landlord those certain Premises, shown in Exhibit A and located
in the City of Seattle, County of King, Washington, commonly known as
Suite 110, Elliott Park, 000 Xxxxxxx Xxxxxx Xxxx and described as that
certain material storage space comprising 1,207 sq. ft. of net
rentable square feet, said Premises being situated upon real property
more particularly described on Exhibit "B", attached hereto and by
this reference made a part hereof.
Furthermore, your April 26, 1996, letter sets forth the lease rates of $16
through January 31, 1998 and $18 from February 1, 1998 through January 31, 2003,
per rentable square foot. Thus, the annual rent for the space shall be $19,312
(through January 31, 1998) and $21,726 (from February 1, 1998 through January
31, 2003).
Xx. Xxxxx X. Xxxxx
September 6, 1996
Page 2
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Please acknowledge your agreement with this amendment by signing and dating the
duplicate original of this letter and returning one original to us for our
permanent records.
Best regards.
Sincerely,
CELL THERAPEUTICS, INC.
/s/ Xxxxx Xxxxxx
Xxxxx X. Xxxxxx, MD
President and Chief Executive Officer
JAB/ast
ACCEPTED AND AGREED BY:
XXXXX CORPORATION
/s/ Xxxxx X. Xxxxx 9 SEPT 1996
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Xxxxx X. Xxxxx individually and Date
as attorney-in-fact for
Xxxxxx X. Xxxxx
