REAL ESTATE PURCHASE AND SALE AGREEMENTReal Estate Purchase and Sale Agreement • May 9th, 2008 • Surmodics Inc • Patent owners & lessors • Alabama
WHEREAS, pursuant to that certain Lease Agreement dated December 1, 1985 recorded on January 9, 1986, in Real Volume 2980, Page 578, as amended by the First Supplemental Lease Agreement dated September 5, 1986 recorded on September 5, 1986, in Real Volume 2980, Page 873; the Second Supplemental Lease Agreement dated September 1, 1987 recorded January 25, 1988 in Real Volume 3321, Page 56; the Third Supplemental Lease Agreement dated November 1, 1988 recorded November 30, 1988 in Real Volume 3509, Page 862; the Fourth Supplemental Lease Agreement dated July 24, 1991 and the Fifth Supplemental Lease Agreement dated November 17, 1997; and all recorded in the Probate Office of Jefferson County, Alabama as set forth above (collectively the “Lease”) between Parisian, Inc. and the Industrial Development Board of the City of Birmingham (the “IDB”); and
