|
Exhibit 10.1(g)
SEVENTH AMENDMENT OF LEASE
Bobson 333 LLC to ImmunoGen, Inc.
This Seventh Amendment of Lease is made as of October 20,
2005 by and between Bobson 333 LLC, a Massachusetts limited
liability company ("Lessor") and ImmunoGen, Inc., a
Massachusetts corporation ("Lessee").
Whereas Lessor is the successor Lessor and Lessee is the
successor Lessee under that certain Lease dated December 1,
1986, as amended to date (collectively, the "Lease") relating to
approximately 35,450 square feet of space (the "Leased Premises")
in the South Building located at 333 Providence Highway, Norwood,
Massachusetts, (the "Property"), as more fully described in the
Lease and the plan attached thereto, and
Whereas Lessor and Lessee wish to extend the term of the Lease,
and amend certain other terms therein as provided herein,
Now, therefore, in consideration of $10.00 and other good and
valuable consideration, the receipt and sufficiency of which is
hereby acknowledged by each of the undersigned unto the other, the
parties agree to amend and modify the Lease as follows:
1.
The Expiration Date of the current term of the Lease shall be
extended from June 30, 2008 to June 30, 2011.
2.
The Yearly Fixed Rent, also know as the Base Rent, shall be as
follows:
a)
From the date hereof until June 30, 2007 at the annualized
rental rate of $496,300.00 payable in monthly installments, in
advance, on the first day of each calendar month, in the amount of
$41,358.33;
b)
From July 1, 2007 through June 30, 2008 an annual rent of
$549,475.00 payable in monthly installments, in advance, on the
first day of each calendar month, in the amount of $45,789.58;
c)
From July 1, 2008 through June 30, 2009 an annual rent of
$602,650.00 payable in monthly installments, in advance, on the
first day of each calendar month, in the amount of $50,220.83;
d)
From July 1, 2009 through June 30, 2010 an annual rent of
$655,826.00 payable in monthly installments, in advance, on the
first day of each calendar
|
