THIRD ADDENDUM TO STANDARD MULTI-TENANT OFFICE LEASE – NET DATED SEPTEMBER 16, 2016

Exhibit 10.23

THIRD ADDENDUM TO STANDARD MULTI-TENANT OFFICE LEASE – NET DATED

SEPTEMBER 16, 2016

Date: July 1, 2019

By and Between

Lessor: Xxxxxx Xxxxx and Xxxxxxx Xxxxx Revocable Family Trust

Lessee: Sutrovax, Inc.

Property Address: 0000 Xxxxx Xxxxx, Xxxxxx Xxxx, Xxxxxxxxxx, 00000

(xxxxxx xxxxxxx, xxxx, xxxxx, zip)

Paragraphs: 94–97

In the event of any conflict between the provisions of this Addendum and the printed provisions of the Lease, this Addendum shall control.

94. Rent Schedule:

July 1, 2019 – June 30, 2020 - $22,136.40 NNN Per Month

July 1, 2020 – June 30, 2021 - $22,800.49 NNN Per Month

July 1, 2021 – October 31, 2021 - $23,484.51 NNN Per Month

95. 2019 Common Area Maintenance Estimates:

The Common Area Maintenance (“CAM”) charges for 2019 are estimated to be an additional Ten Dollars and 20/100 ($10.20) per square foot per year. CAM charges are due in monthly installments and reconciled once per annum. The CAM estimates for the Premises for 2019 are Three Thousand Eight Hundred One Dollars and 20/100 ($3,801.20).

96.

Lessor acknowledges and agrees that as of the Effective Date of the Assignment, Assignor is in compliance with all terms and conditions of the Lease Agreement dated September 16, 2016.

97.

Lessor and Assignee all acknowledge and agree that as of the Effective Date of this agreement that the Premises and all mechanical systems within are in good working order.

Lessor:						Lessee: SutroVax, Inc. a Delaware Corporation
/s/ Xxxxxx Xxxxx						By:		/s/ Xxxxx X. Xxxxxxxxx
Xxxxxx Xxxxx, Co-Trustee of the Xxxxxx Xxxxx and Xxxxxxx Xxxxx Revocable Family Trust						Name Printed: Xxxxx X. Xxxxxxxxx Title: President & CEO
Lessor:
/s/ Xxxxxxx Xxxxx						By:
Xxxxxxx Xxxxx, Co-Trustee of the Xxxxxx Xxxxx and Xxxxxxx Xxxxx Revocable Family Trust						Name Printed:                                                                                        Title:

AIR CRE, 000 Xxxxx Xxxxx Xxxx, Xxxxx 000, Xxxxxxxx, XX 00000, Tel 000-000-0000, Email xxxxxxxxx@xxxxxx.xxx

NOTICE: No part of these works may be reproduced in any form without permission in writing.