LEASE AND GUARANTY AMENDMENT
Exhibit 10.10
This agreement (“Amendment”) is made as of May 10, 2022 (“Effective Date”) between Grokash Realty Associates, LLC (“Landlord”), having an address at 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Interactive Strength INC. (DBA Forme Life) (“Tenant”) having an address at 000 Xxxx 00xx Xxxxxx, Xxxxx 000, Xxx Xxxx, Xxx Xxxx 00000 and Xxxxx Xxxx (“Guarantor”) having an address at 000 X. Xxxxxx Xxx, Xxx Xxxxxxx, XX 00000 (Landlord, Tenant and Guarantor are collectively the “Parties”)
WITNESSETH:
WHEREAS, Landlord and Tenant are parties to a Lease dated April 27, 2022 (the “Lease”), wherein Landlord leased to Tenant, portions of the building known as 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx (“Building”) consisting of Suite 501 (the “Premises”).
WHEREAS, by a certain Guaranty dated April 27, 2022 , the Guarantor guaranteed to Landlord the payment and performance of Tenant’s obligations under the Lease, as more specifically set forth in said guaranty (the “Guaranty”).
The Parties agree to amend Exhibit B of the Lease as follows. PREMISES is hereby amended and defined as: 000 Xxxx 00xx Xxxxxx, Xxxxx 000, Xxx Xxxx, XX 00000.
This Amendment may be executed in one or more counterparts (all of which when taken together shall constitute one instrument) and may be delivered by electronic transmission of a scanned image (in PDF format or otherwise) each of which, when so executed, shall be deemed an original and shall have the same force and effect as an originally executed document.
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All terms and provisions herein shall inure to the benefit of the assigns and successors of Owner and shall be binding upon the assigns and successors of Guarantor.
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This Amendment has been duly executed by the Parties as of the Effective Date. The foregoing is hereby dated, acknowledged and consented to by the undersigned:
| LANDLORD: | ||||
| GROKASH REALTY ASSOCIATES, LLC | ||||
| By: | /s/ Xxxxxx Xxxxxxx |
Date: 5/10/2022 | ||
| Xxxxxx Xxxxxxx | ||||
| Manager | ||||
| TENANT: | ||||
| INTERACTIVE STRENGTH INC. (DBA FORME LIFE) | ||||
| By: | /s/ Xxxxx Xxxx |
Date: 5/10/2022 | ||
| Xxxxx Xxxx | ||||
| Chief Executive Officer | ||||
| Authorized Signatory | ||||
| GUARANTOR: | ||||
| By: | /s/ Xxxxx Xxxx |
Date: 5/10/2022 | ||
| Xxxxx Xxxx | ||||
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