Exhibit 10.2
SECOND AMENDMENT TO STANDARD
MULTI-TENANT
OFFICE LEASE – GROSS
BY AND BETWEEN
ALLEN JOSEPH BLACKMORE, TRUSTEE AS
LESSOR
AND
GENOPTIX, INC. AS LESSEE
This Second Amendment to Standard
Multi-Tenant Office Lease – Gross (“Second
Amendment”) is made as of July 1, 2009, by and between
Allen Joseph Blackmore, Trustee (“Lessor”) and
Genoptix, Inc. (“Lessee”), who agree as
follows:
1. Recitals .
a. Lessor and Lessee are parties to
that certain Standard Multi-Tenant Office Lease – Gross dated
April 14, 2008, that certain Addendum to Standard Multi-Tenant
Office Lease – Gross dated April 14, 2008 and that
certain First Amendment to Standard Multi-Tenant Office Lease-Gross
dated September 15, 2008 (together “Lease”)
whereby Lessee leased from Lessor approximately 47,597 rentable
square feet consisting of suite numbers 100, 103, 106 and 200 at
the building located at 1811 Aston Avenue, Carlsbad, California
(“Building”).
b. Section 60 of the Lease
provides that Lessee has the right of first offer on Suites 103 and
104. Suite 103 was added to the Lease on September 15, 2008.
Lessee now desires to add the already improved Suite 104,
consisting of approximately 6,886 rentable square feet (5,836
useable square feet) (hereinafter, “Suite 104”), to the
Lease and Lessor and Lessee have agreed to add Suite 104 to the
Lease and modify the corresponding Lease provisions as set forth
below.
2. Addition of Suite 104 .
Suite 104 is hereby added to the “Premises” as such
term is defined in Section 1.2(a) of the Lease effective as of
July 1, 2009. All references to the “Premises” in
the Lease shall hereinafter include said Suite 104 and the total
rentable square feet of the Premises as increased by Suite 104 and
set forth in Section 1.2(a) of the Lease shall be 54,483
(46,173 square feet useable). The number of Parking spaces as
provided in Section 1.2(b) of the Lease is hereby increased by
28 spaces to be 219 spaces. The Lessee’s Share of Operating
Expense Increase as provided in Section 1.6 of the Lease shall
be increased to ninety-six percent (96%). The Security Deposit in
Section 1.7(b) is increased by $17,903 to be $141,655 and
Lessee shall deliver such $17,903 payment to Lessor within five
(5) business days of the full execution and delivery of this
Second Amendment. As Suite 104 has already been improved, no
increase in the allowance for tenant improvements shall be
included.
3. Base Rent for Suite 104 .
Lessee shall not have an obligation to pay monthly Base Rent for
Suite 104 for the period from July 1, 2009 through
January
