SECOND AMENDMENT OF LEASELease • August 14th, 2002 • Therasense Inc • Surgical & medical instruments & apparatus
PlyProperties, a partnership (“Lessor”) and TheraSense, Inc., a Delaware corporation (“Lessee”) entered into a lease (the “Lease”) dated February 26, 1999, and later amended, covering property at 1360–1380 South Loop Road, Alameda, California (the “Property”). Pursuant to paragraph 55 of the Lease, Lessee has exercised its option to expand the leased Premises (“Phase II”), and the parties wish to amend said Lease to provide for and cover said expansion. 1. Construction of Phase II Improvements. Lessor agrees, in accordance with the attached Work Letter (“Exhibit B-2”), at its sole cost and expense except as provided for below, and as soon as it can reasonably be accomplished following the execution of this Lease, to (1) complete and submit plans and specifications covering the Phase II expansion to Lessee for its approval (for all intent and purposes and for their mutual benefit Lessor and Lessee have worked together with the architects and engineers in preparing said plans and
