FOURTH ADDENDUM TO ORITZ BUILDING OFFICE LEASE
Exhibit 10.12
FOURTH ADDENDUM TO ORITZ BUILDING OFFICE LEASE
All terms and conditions remain unchanged from Original Office Lease signed between Oritz Properties, Inc, a California corporation (“Landlord”) and Kindred Biosciences, Inc. (“Tenant”), except for the following:
Premises: Suite 200 / rentable area as 6,900 Square feet
Commencement Date: December 1, 2020
Base Rent: $3.11 per rentable square foot per month ($21,459.00/month)
Annual increases starting:
December 1, 2021 at $3.20 per sq ft ($22,080.00 per month)
December 1, 2022 at $3.30 per sq ft ($22,770.00 per month)
Termination Date: November 30, 2023
Additional Security deposit: $22,770.00 plus $250
All other terms and conditions of the Original Office Lease remain in full force and effect, and are extended throughout the extended Lease Term set forth above
Landlord: Oritz Properties, Inc. By: /s/ Xxxxxxxx Grave Its: Date: 9/25/2020 | Tenant By: /s/ Xxxxx Wee Its: CFO Date: 9/24/20 | ||||
XXXXX CORPORATION 0000 Xxxxxxxx Xxxxxxx. Xxxxxxxxxx, XX 00000 · (000) 000-0000 ·FAX (000) 000-0000
xxx.xxxxxxxxx.xxx
