Additional Improvement Allowance. Tenant shall be entitled to a one-time improvement allowance (the “Additional Improvement Allowance”) in the aggregate amount of (i) $1,549,270.00, based on individual allowances of $55.00 per RSF of the Suite 3700 Premises and Suite 6700 Premises, $90.00 per RSF of the Suite 4700 Premises, and $50.00 per RSF of the Suite 6600 Premises, for the costs relating to the initial design and construction of the improvements, which are permanently affixed to the Additional Premises (the “Additional Improvements”). In addition (and not as part of the Additional Improvement Allowance), Landlord shall provide up to $0.15 per rentable square foot of the entire Additional Premises towards the cost of preliminary space plans for each portion of the Additional Premises (“Landlord’s Drawing Contribution”). Tenant may utilize any part of the Additional Premises Allowance in any portion of the Additional Premises. Landlord shall not be obligated to pay a total amount which exceeds the Additional Improvement Allowance and Landlord’s Drawing Contribution. Notwithstanding the foregoing or any contrary provision of the Lease, all Additional Improvements shall be deemed Landlord’s property under the terms of the Lease. Any unused portion of the Additional Premises Allowance remaining (and not otherwise designated as a Base Rent credit pursuant to Section 2.2.1.9 below) as of the last day of the fifteenth (15th) full calendar month following the Suite 6600 Commencement Date, shall remain with Landlord and Tenant shall have no further right thereto (the “Outside Allowance Date”). EXHIBIT B
Additional Improvement Allowance. In addition to the Tenant Improvement Allowance set forth in Section 2.1, above, Tenant shall be entitled to a one-time additional allowance, which may be requested periodically by Tenant for Tenant Improvements performed by Tenant from time to time prior to the second (2nd) anniversary of the full execution and delivery of this Lease, of up to $20.00 per RSF of the Premises (i.e., up to $838,320.00) (the “Additional Improvement Allowance”) to be used for the costs relating to the initial design and construction of the Tenant Improvements; provided, however, the Additional Improvement Allowance shall not be used for costs relating to moving or relocation expenses, data/cabling, Tenant Signage or any personal property, HCP LS REDWOOD CITY, LLC [Britannia Seaport Centre] [Relypsa, Inc.] EXHIBIT B
Additional Improvement Allowance. If Tenant contends that a Landlord Caused Delay has occurred, Tenant shall notify Landlord in writing (the “Delay Notice”) of the event which constitutes such Landlord Caused Delay. If the actions or inactions or circumstances described in the Delay Notice qualify as a Landlord Caused Delay, and are not cured by Landlord within one (1) business day after Landlord’s receipt of the Delay Notice, the Lease Commencement Date shall be delayed for the period by which substantial completion of the Tenant Improvements is actually delayed as a result of such Landlord Delay. HCP LS REDWOOD CITY, LLC [Britannia Seaport Centre] [Relypsa, Inc.] EXHIBIT B SCHEDULE 1 TO EXHIBIT B SPACE PLAN HCP LS REDWOOD CITY, LLC [Britannia Seaport Centre] [Relypsa, Inc.] EXHIBIT B HCP LS REDWOOD CITY, LLC [Britannia Seaport Centre] [Relypsa, Inc.] XXXXXXX X XXXXXXXXX XXXXXXX XXXXXX NOTICE OF LEASE TERM DATES To: Re: Lease dated , 20 between , a (“Landlord”), and , a (“Tenant”) concerning Suite on floor(s) of the building located at , California. Gentlemen: In accordance with the Lease (the “Lease”), we wish to advise you and/or confirm as follows:
Additional Improvement Allowance. Pursuant to the terms of Section 3.3 of the Work Letter attached to the Lease, Tenant has the right to utilize the Additional Improvement Allowance in connection with Tenant’s performance of the Improvements. In connection with the foregoing, Tenant hereby elects to utilize the entirety of such Additional Improvement Allowance (i.e., with respect to each Phase), and therefore Tenant shall pay the Additional Monthly Base Rent for the entire Premises and the Base Rent for the entire Premises shall be increased by the applicable Additional Monthly Rent. The schedule below sets forth the Additional Monthly Rent for each Phase of the Premises: Phase of Premises Amount of Additional Monthly Rent Phase I Premises $2,922.53 Phase II Premises $8,458.69 Phase III Premises $10,136.06 Phase IV Premises $6,454.07 In connection with the foregoing, in order to memorialize the amount of Additional Monthly Rent to be paid by Tenant throughout the Lease Term, the Base Rent schedule set forth on Schedule 1 attached to the Lease is hereby deleted in its entirety and replaced with the Base 4889-8391-7849.3377185.00018/U58er IniA/gjn/gjn [First Amendment][DermTech, Inc.] Rent schedule set forth on Schedule 1 attached to this First Amendment (which replacement Base Rent schedule includes the applicable amount of Additional Monthly Rent for each Phase of the Premises in addition to the Base Rent initially set forth in the Lease).
Additional Improvement Allowance. Up to a maximum of $20.00 per square foot of Rentable Area in the, as provided in Section 11.09. Initial Tenant Improvements: To be constructed by Landlord as set forth in Article 11. Exhibits: Exhibit A: Floor Plan of the Premises Exhibit B: Rules and Regulations Exhibit C: Rules and Regulations for Tenant Work Exhibit D: Tenant Work Insurance Schedule Exhibit E: Form of Term Commencement Date Agreement Exhibit F: Construction Documents Exhibit G: Environmental Substances Exhibit H: Plans and Specifications for Initial Tenant Improvements Exhibit I: Plan Showing Additional Space Exhibit J: Form of Letter of Credit
Additional Improvement Allowance. In addition to the Tenant Improvement Allowance, upon the full use of the Tenant Improvement Allowance as provided herein, Landlord will make available to Tenant an additional allowance in an amount not to exceed $148, 840.00 (based on $20.00 multiplied by 7, 442 rentable square feet of the Premises) (the “Additional Improvement Allowance”), subject to repayment with interest as provided herein. The Additional Improvement Allowance shall be utilized for the same purposes of the Improvement Allowance and paid (and repaid) as provided below pursuant to the terms and conditions hereof. Notwithstanding anything to the contrary set forth in this Lease, all amounts disbursed or advanced under the Additional Improvement Allowance shall (together with interest as set forth below) be repaid to Landlord as Additional Rent on the following terms and conditions follows:
Additional Improvement Allowance. Provided Tenant elects to remove and repair the stairway between the twenty-second and twenty-third floors of the Building (“Stairway Removal and Repair”) Landlord shall pay to Tenant the Twenty-second Floor Expansion Space Additional Improvement Allowance. Tenant shall provide Landlord with a contractor’s estimate of the cost of work to be performed on the Stairway Removal and Repair. Tenant shall request and draw the Twenty-second Floor Expansion Space Additional Improvement Allowance and Landlord shall pay such Allowance in the same manner as described in 2.11 above. In the event that Tenant’s expenditures for the Stairway Removal and Repair are less than the Twenty-second Floor Expansion Space Additional Improvement Allowance the remaining balance (after reimbursing Tenant for such expenditures) of the Twenty-second Floor Expansion Additional Space Improvement Allowance shall not be credited against Annual Rent next coming due under the Lease.
Additional Improvement Allowance. Tenant has elected to utilize a one-time increase (the "Additional Expansion Improvement Allowance") of the Expansion Improvement Allowance in an amount equal to $352,125.00 (i.e., $25.00 per rentable square foot of the Expansion Premises), for the costs relating to the initial design and construction of the Expansion Improvements. Accordingly, the monthly Base Rent for the Expansion Premises has been increased, as set forth in Section 4.2 of this Second Amendment Above, by an amount equal to $4,182.31 per month of the Expansion Term. All references in this Work Letter to the "Expansion Improvement Allowance", shall be deemed to include the Additional Expansion Improvement Allowance (and accordingly the Expansion Allowance Deadline shall apply thereto).
Additional Improvement Allowance. Pursuant to the terms of Section 2.2 of the Tenant Work Letter attached to the Lease, Tenant was entitled to a one-time additional allowance of up to $28.00 per RSF of the Premises (i.e., up to $2,230,900.00) (the “Additional Improvement Allowance”). Notwithstanding any provision to the contrary contained in the Lease, Landlord and Tenant hereby acknowledge and agree that Tenant has utilized and /100 Dollars ($ . ) of the Additional Improvement Allowance (the “Utilized Additional Improvement Allowance”).
Additional Improvement Allowance. Landlord shall make available to Tenant with an additional allowance of Twenty-Thousand Dollars ($20,000.00) to be used by Tenant for improvements to the Premises, in accordance with Article 9 of the Lease, prior to the expiration of the Lease Term. Upon Tenant's election to use any portion of such allowance, Tenant shall provide to Landlord documentation regarding the improvements made to the Premises, stating the itemized costs of such improvements. Landlord shall have a period of thirty (30) days from its receipt of Tenant's documentation to reimburse Tenant. Any unused portion of the Additional Improvement Allowance remaining at the end of the Lease Term shall be the property of the Landlord."
