EXHIBIT 10.6
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE (this
“ Amendment ”) is entered into as of this 28
th day
of February, 2007, by and between BMR-21 ERIE STREET LLC, a
Delaware limited liability company (“ Landlord
”), and VERTEX PHARMACEUTICALS INCORPORATED (“
Tenant ”).
RECITALS
A. WHEREAS, Landlord and Tenant
entered into that certain Lease dated as of November 14, 2006
(the “ Lease ”), whereby Tenant leases certain
premises (the “ Premises ”) from Landlord at 21
Erie Street in Cambridge, Massachusetts (the “
Building ”);
B. WHEREAS, Landlord and Tenant
desire to correct the square footage of the Premises; and
C. WHEREAS, Landlord and Tenant
desire to modify and amend the Lease only in the respects and on
the conditions hereinafter stated.
AGREEMENT
NOW, THEREFORE, Landlord and Tenant,
in consideration of the mutual promises contained herein and for
other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, and intending to be legally
bound, agree as follows:
1. Definitions . For
purposes of this Amendment, capitalized terms shall have the
meanings ascribed to them in the Lease unless otherwise defined
herein.
2. Reference Data . In
Section 1.1 of the Lease:
a.
“BUILDING: The Building known as and numbered 21 Erie Street,
Cambridge, Massachusetts, containing approximately 48,238
r.s.f.” is hereby replaced with “BUILDING: The Building
known as and numbered 21 Erie Street, Cambridge, Massachusetts,
containing approximately 48,627 r.s.f.”
b.
“INITIAL ESTIMATED ANNUAL ADDITIONAL RENT: $203,364.24, based
on $9.58/r.s.f.” is hereby replaced with “INITIAL
ESTIMATED ANNUAL ADDITIONAL RENT: $197,424.64, based on
$9.58/r.s.f.”
c.
“P
