SECOND LEASE EXTENSION AND MODIFICATION AGREEMENTLease Extension and Modification Agreement • August 9th, 2006 • Avi Biopharma Inc • Pharmaceutical preparations
This Second Lease Extension and Modification Agreement (“Second Extension”) is made effective as of the 1ST day of January, 2006 (“Effective Date”) and is entered into as of the 24th day of January, 2006, by and between RESEARCH WAY INVESTMENTS, a California limited partnership (“Landlord”) and AVI BIOPHARMA, INC., an Oregon corporation (“Tenant”), for the purpose of amending that certain Commercial Lease entered into on June 18, 1992, by and between Landlord and Tenant’s predecessor in interest, Antiviral, Inc., an Oregon corporation (“Commercial Lease”), as modified by that certain Lease Extension and Modification Agreement dated as of September 1, 1996 (“First Extension”). The Commercial Lease and the First Extension shall hereinafter be collectively referred to as the “Lease”.
