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First Amendment to Lease

Lease Agreement

First Amendment to Lease | Document Parties: American Twine Limited Partnership | Targanta Therapeutics Corporation You are currently viewing:
This Lease Agreement involves

American Twine Limited Partnership | Targanta Therapeutics Corporation

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Title: First Amendment to Lease
Date: 5/11/2007

First Amendment to Lease, Parties: american twine limited partnership , targanta therapeutics corporation
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Exhibit 10.7.1

First Amendment to Lease

First Amendment made this 4 th day of May, 2007 by and between Targanta Therapeutics Corporation (“Tenant”) and American Twine Limited Partnership (“Landlord”)

WITNESSETH THAT

WHEREAS the parties have heretofore entered into a lease dated October 20, 2006 (the “Lease”).

WHEREAS the Tenant wishes to expand the Premises demised under the Lease to include suite 1200, which contains 1,471 rentable square feet located on the first floor of the Building (as shown on Exhibit A attached) ( the “Expansion Space”) and to extend the lease term.

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

 

 

1.

The effective date of this First Amendment shall be the Commencement Date as defined in item 8 below.

 

 

2.

Effective after the effective date, the information contained in Section 1.1 of the Lease immediately following the Heading “Premises” is amended to add Suite 1200, 1,471 rsf

 

 

3.

The information following contained in Section 1.1 of the Lease immediately following the heading Term is deleted in its entirety and replaced with “Expires October 31, 2009”.

 

 

4.

Effective after the effective date, the information following the contained in Section 1.1 of the Lease immediately following the heading Tenant’s Prorate Share is amended to add the Pro Rata share for the Expansion Space, which is 1.27%. The total Pro Rata share will be 5.31%

 

 

5.

The information contained in Section 1.1 of the Lease immediately following the heading Parking Spaces is amended to add one (1) additional parking space for suite 1200 at $150.00 per month. Total number of parking spaces shall be four (4).

 

 

6.

Effective after the effective date, the information contained in Section 1 of the Lease, immediately following the heading Annual Fixed Rent is deleted in its e


 
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