SNH MEDICAL OFFICE PROPERTIES TRUST c/o The RMR Group LLC Two New ton Place
EXHIBIT 10.1
SNH MEDICAL OFFICE PROPERTIES TRUST
c/o The RMR Group LLC
Two New ton Place
000 Xxxxxxxxxx Xx., Xxxxx 000
Xxxxxx, XX 00000
August 20, 2018
Via FedEx
Axogen Corporation
00000 Xxxxxxxx Xxxx. Xxxxx 000
Xxxxxxx XX 00000
Attn: Xxxxx Xxxxxxx
Re: Lease dated February 6, 2007 between SNH Medical Office Properties Trust, successor in interest to Wigshaw, LLC, ("Landlord") and Axogen Corporation ("Tenant"), amended by the First Amendment to Lease dated March 14, 2012, the Second Amendment to Lease dated February 25, 2013, the Third Amendment to Lease elated November 12, 2013 and the Fourth Amendment to Lease (the "Fourth Amendment") dated March 16, 2016 (as amended, the "Lease") for premises located at 00000 Xxxxxxxx Xxxx., Xxxxxxx Xxxxxxx (the "Premises")
Dear Xx. Xxxxxxx:
Reference is hereby made to the Lease. Capitalized terms used and not otherwise defined here in shall have the meaning given to such terms in the Lease.
We are in receipt of your letter dated August 14, 2014 regarding Tenant's desire to extend the Lease for two additional periods, through October 31, 2021. Pursuant to Section 10 of the Fourth Amendment, Tenant must exercise each yearly option separately and no sooner than one year prior to the expiration of the applicable Current Premises Extended Term. Nevertheless, if Tenant is seeking an early and simultaneous exercise of the two remaining options to extend the Lease, Landlord hereby waives the relevant terms of Section 10 of the Fourth Amendment and agrees to Tenant' s exercise of its options to extend the Lease through October 31, 2021.
Please acknowledge your agreement to exercise the options to extend the Current Premises Extended Term early and simultaneously and extend the Lease through October 31, 2021, by signing be low and returning an original of this letter to Landlord at: c/o The RMR Group LLC, Two Xxxxxx Place, 000 Xxxxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxx, Xxxxxxxxxxxxx 00000, Attention: Xxxxx Xxxx.
If you have any questions, please do not hesitate to contact the undersigned at 000-000-0000 or xxxxx@xxXxxxxx.xxx.
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Sincerely, |
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SNH MEDICAL OFFICE PROPERTIES TRUST |
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by: The RMR Group LLC, its managing agent |
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/s/Xxxxx Xxxx |
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Xxxxx Xxxx |
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Regional Vice President, Southeast Region |
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cc: Lease File |
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ACKNOWLEDGED AND CONSENTED
TO THIS September 19, 2018:
AXOGEN CORPORATION
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By: /s/Xxxxx Xxxxxxx |
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Name: Xxxxx Xxxxxxx |
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Title: CEO, President |
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