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EXTENSION AND AMENDMENT OF SUB-LEASE

Extension Agreement

EXTENSION AND AMENDMENT OF SUB-LEASE
 | Document Parties: CHEMOKINE THERAPEUTICS CORP | DISCOVERY PARKS TRUST | GLOBE LABORATORIES INC You are currently viewing:
This Extension Agreement involves

CHEMOKINE THERAPEUTICS CORP | DISCOVERY PARKS TRUST | GLOBE LABORATORIES INC

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Title: EXTENSION AND AMENDMENT OF SUB-LEASE
Date: 1/8/2007

EXTENSION AND AMENDMENT OF SUB-LEASE
, Parties: chemokine therapeutics corp , discovery parks trust , globe laboratories inc
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Exhibit 10.3

EXTENSION AND AMENDMENT OF SUB-LEASE
GERALD McGAVIN BUILDING
UNIVERSITY OF BRITISH COLUMBIA

     This SUB-LEASE EXTENSION AND AMENDMENT AGREEMENT (“ Agreement ”) is dated for reference the 13 th day of December, 2006,

BETWEEN:

      DISCOVERY PARKS TRUST , by its trustee Discovery Parks Incorporated

     (the “Landlord”)

AND:

      GLOBE LABORATORIES INC.

     (the “Tenant”)

WITNESSES THAT WHEREAS:

A. Pursuant to a Sub-Lease dated June 23, 2000 (the “ Sublease ”), the Landlord leased to the Tenant (as assignee of Chemokine Therapeutics Corp.) the Premises being Suite 202 and Suite 208 in the Gerald McGavin Building located at 2386 East Mall, University of British Columbia, Vancouver, BC (the “ Building ”);

B. Pursuant to an Amendment of Lease dated September 1, 2001, the Landlord leased to the Tenant additional premises being Suite 204 of the Building;

C. Pursuant to a Renewal of Lease dated May 1, 2002, the Term was extended until July 31, 2003;

D. Pursuant to a Renewal of Lease dated July 17, 2003, the Term was extended until July 31, 2004;

 


 

E. Pursuant to an Amendment and Extension of Lease dated July 23, 2004, the Term was extended until July 31, 2005, and the Landlord leased to the Tenant additional premises being Suite 304 of the Building;

F. Pursuant to an Amendment and Extension of Lease dated January 3, 2005 (the “ Jan 2005 Amendment ”), the Term was extended to July 31, 2007, and the Landlord leased to the Tenant the following additional premises in the Building:

     1. Suite 302 being 1,206 square feet; and

     2. Suite 303 being 1,494 square feet;

and Suite 202 (comprising 1,335 square feet) and Suite 204 (comprising 660 square feet) of the Building were both surrendered by the Tenant to the Landlord, for a total net additional premises of 705 square feet;

G. Pursuant to the Jan 2005 Amendment, the Tenant also agreed to surrender to the Landlord its lease of Suite 208 of the Building being the Te


 
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