LEASE by and between BMR-BRIDGEVIEW TECHNOLOGY PARK LLC, a Delaware limited liability company and BIONOVO, INC., a Delaware corporationLease • May 11th, 2011 • Bionovo Inc • Pharmaceutical preparations
Dates Square Feet of Rentable Area Base Rent per Square Foot of Rentable Area Monthly Base Rent Annual Base Rent Months 1-12 15,000 $1.25 monthly $ 18,750 $ 225,000 Months 13-24 25,000 $1.29 monthly $ 32,250 $ 387,000 Months 25-36 35,000 $1.33 monthly $ 46,550 $ 558,600 Months 37-48 51,472 $1.45 monthly $ 74,634.40 $ 895,612.80 Months 49-60 51,472 $1.50 monthly $ 77,208 $ 926,496 Months 61-72 51,472 $1.55 monthly $ 79.781.60 $ 957,379.20 Months 73-84 51,472 $1.65 monthly $ 84,928.80 $ 1,019,145.60 Months 85-96 51,472 $1.75 monthly $ 90,076 $ 1,080,912 Months 97-108 51,472 $1.85 monthly $ 95,223.20 $ 1,142,678.40 Months 109-120 51,472 $1.95 monthly $ 100,370.40 $ 1,204,444.80
