AMENDMENT TO GIGAFACTORY GENERAL TERMSFactory Lease • October 11th, 2016 • Tesla Motors Inc • Motor vehicles & passenger car bodies • Nevada
This amendment (“Amendment”) is entered into effective as of December 1, 2015 (the “Effective Date”), by and between Tesla Motors, Inc. (“Tesla”), on the one hand, and Panasonic Corporation and Panasonic Energy Corporation of North America (collectively, “Panasonic”), on the other hand (Tesla and Panasonic are referred to collectively herein as the “Parties”) in connection with the General Terms and Conditions dated October 1, 2014, by and between the Parties (the “General Terms”) and the Production Pricing Agreement dated September 30, 2014, by and between the Parties (the “Pricing Agreement”). Terms used herein with initial capitalization have the meanings specified where used or in the General Terms. In consideration of the mutual promises and mutual covenants set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree to amend the General Terms as follows:
Amended and Restated Factory LeaseFactory Lease • July 29th, 2019 • Tesla, Inc. • Motor vehicles & passenger car bodies • Nevada
This Amended and Restated Factory Lease (“Amended Lease” or “Lease”) is entered into effective as of January 1, 2017 (the “Amendment Effective Date”) by and between Tesla, Inc., a Delaware corporation located at 3500 Deer Creek Road, Palo Alto, California 94304 (“Tesla”), on the one hand, and Panasonic Energy of North America, a division of Panasonic Corporation of North America (“Tenant”), on the other hand, with reference to the General Terms and Conditions dated October 1, 2014 (as amended, the “General Terms”) and the Gigafactory Battery Cell Pricing Agreement dated January 1, 2014 (as amended, “Pricing Agreement”), each by and between Tesla, Panasonic Corporation (“Panasonic”) and Tenant. Upon signature by all Parties, this Amended Lease shall supersede and replace in entirety the Factory Lease dated December 1, 2015 by and between the Parties (the “2015 Lease”) as of the Amendment Effective Date; provided, however, that any provisions related to termination of the 2015 Lease shal
