SECOND AMENDMENT
TO
OFFICE LEASE AGREEMENT
THIS SECOND
AMENDMENT TO OFFICE LEASE (this “ Amendment ”)
is made this 9th day of March, 2009, by and between SELIG HOLDINGS
COMPANY, L.L.C., a Delaware limited liability company (“
Lessor ”) and DENDREON CORPORATION, a Delaware
corporation (“ Lessee” ).
A. Lessor is
the owner of that certain real property commonly known as 3101
Western Avenue in Seattle, Washington and legally described in
Exhibit A (the “ Property
”).
B. Lessor is
the successor in interest to SELIG REAL ESTATE HOLDINGS XIV,
L.L.C., a Washington limited liability company, the prior owner of
the Property.
C. Lessor and
Lessee are parties to that certain Office Lease dated
September 2, 2004 (the “ 2004 Lease ”) for
approximately: (i) 21,795 rentable square feet on the eighth
floor of the Property; and (ii) 1,818 rentable square feet of
the exercise facility on the upper parking level of the Property.
The Lease was amended by that certain First Amendment to Office
Lease dated March 8, 2005 (the “ 2005 Amendment
”). The 2004 Lease and the 2005 Amendment are collectively
referred to herein as the “ Lease ”.
D. Under the
terms of the Lease, Lessee’s current term expires on
September 30, 2009 (the “ Existing Expiration
Date ”). Lessee desires to extend the term of the Lease
through December 31, 2011 (the “ Amended Expiration
Date ”).
E. Lessor and
Lessee desire to amend the Lease in order to provide for the
extension of the Lease term as described herein and to memorialize
other changes they have agreed to by entering into this
Amendment.
NOW, THEREFORE, in
consideration of the above and the mutual promises contained in
this Amendment, and other good and valuable consideration, the
receipt and sufficiency of which are acknowledged, Lessor and
Lessee agree as follows:
1.
Confirmation of Lease . Lessor and Lessee each agree and
confirm that the Lease is in full force and effect and has not been
previously modified and neither Lessor nor Lessee is aware of any
failure of the other party to perform its obligations under the
Lease that are accrued as of the date of this Amendment.
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