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Amendment to Lease
Agreement
This Amendment to
Lease Agreement (“AGREEMENT”) made and entered into
this 27th day of January 2009, by and between RED GATE III LLC
(“LANDLORD”) and ENTREMED, INC.
(“TENANT”).
Whereas, the LANDLORD and TENANT entered into a
certain lease (“LEASE”) dated June 10, 1998,
covering 46,267 square feet of space (“PREMISES”)
located in 9640 Medical Center Drive, Rockville, Maryland
(“BUILDING”).
Now,
therefore , the parties hereto, intending to be legally
bound, do covenant and agree as follows:
1. The TENANT
desires and the LANDLORD agrees to remove 37,713 square feet of
space from LEASE, thus decreasing the total square footage to 8,554
square feet (core factor included).
2. (a) The
TENANT shall occupy the first floor of Building only and shall have
use of the loading dock and reception area.
(b) The TENANT
shall have access to use a designated laboratory bench and hood
located in Rooms 302 and 303 and the -70 degree refrigerators
located on the third floor, access to the basement including a
designated portion of the vivarium and the file room. The TENANT
agrees that such areas for access can be changed if the
parties
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