Exhibit 10.11
ACKNOWLEDGEMENT OF TERM
COMMENCEMENT DATE
AND TERM EXPIRATION DATE
THIS
ACKNOWLEDGEMENT OF COMMENCEMENT DATE AND TERM EXPIRATION DATE is
entered into as of May 7, 2007, with reference to that certain
Lease dated as of November 28, 2005, as amended by that
certain First Amendment to Lease dated as of October 25, 2006
(collectively, and as the same may have been further amended,
amended and restated, supplemented or otherwise modified from time
to time, the “ Lease” ), by REDPOINT BIO
CORPORATION, a Delaware corporation (“ Tenant
”), as successor-in-interest to Linguagen Corporation, in
favor of BMR-7 GRAPHICS DRIVE LLC, a Delaware limited liability
company (“ Landlord ”). All capitalized terms
used herein without definition shall have the meanings ascribed to
them in the Lease.
Tenant hereby confirms the
following:
1.
Tenant accepted possession of the Premises on May 7,
2007.
2.
The visible portions of the Premises are in good order, condition
and repair except as indicated on that certain punch list prepared
by Architecture Plus dated April 26, 2007, and that certain
punchlist prepared by Becht Engineering dated April 27,
2007.
3. &n
