Exhibit
10.1


 


 


 


FOURTH AMENDMENT OF

LEASE AGREEMENT





 


THIS AGREEMENT is executed in duplicate and effective this 1st
day of April, 2014, by and between PURDUE RESEARCH FOUNDATION , an Indiana corporation (formed and existing under the Indiana Foundation
or Holding Companies Act, Acts of 1921, ch. 25), (“PRF”), and ENDOCYTE (“COMPANY”). In consideration
of their mutual promises contained in this Amendment, the parties agree as follows:


 


WHEREAS, the parties hereto have entered into a Lease Agreement
dated January 30, 2013, with a First Amendment of Lease Agreement dated May 17, 2013, a Second Amendment of Lease Agreement dated
July 7, 2013 and a Third Amendment of Lease Agreement dated January 31, 2014 between PRF and COMPANY for certain premises at the
Purdue Technology Center located at 3000 Kent Avenue, West Lafayette, Indiana; and


 


WHEREAS, the parties wish to amend provisions of the agreement:


 


NOW, THEREFORE, IN CONSIDERATION OF the mutual promises and
covenants herein, it is agreed between the parties hereto as follows:


 


		1.	The Description of the Lease Premises shall read as follows:

                                                                     

                                                                    25,411 square feet in Suites A1-100, A1-200, B1-100, B1-008, B1-200, B1-201, B1-202, B1-203, B1-300, B1-400, B1-500, A2-100, A2-300, B2-300, B2-400, B2-500, B2-603, B2-700, and B2-900 (the “Leased Property”) located in the PURDUE TECHNOLOGY CENTER at 3000 Kent Avenue, West Lafayette, Indiana (the “Building”) in the Purdue Research Park (the “Park”). The Leased Property is more particularly shown on EXHIBIT A, attached to this Lease and made a part of this lease by this reference.

	 	 	 



		2.	The Monthly Rent Installment shall be Forty-Eight Thousand Seven Hundred Eighty-One and 03/100 Dollars ($48,781.03).



 


		3.	It is further agreed that all of the terms and conditions of said aforementioned Lease Agreement dated January 30, 2013, with
a First Amendment of Lease Agreement dated May 17, 2013, a Second Amendment of Lease Agreement dated July 7, 2013 and a Third Amendment
of Lease Agreement dated January 31, 2014, except as hereby amended, are hereby affirmed and shall remain in full force and effect
during the remainder of the term thereof.



 




    	 



    	 



    

  


WITNESS the signatures and seal of the above parties the day
and year first above written.


 


	PURDUE RESEARCH FOUNDATION	 	ENDOCYTE
	 	 	 	 	 
	By:	/s/ David L. Hodde	 	By:	/s/ Mike Sherman
	 	David L. Hodde	 	 	Mike Sherman
	 	Assistant Vice President	 	 	Chief Financial Officer
	 	Director of Real Estate	 	 	 
	 	 	 	By:	/s/ P. Ron Ellis
	 	 	 	 	P. Ron Ellis
	 	 	 	 	President/CEO 


 


 




    	 



    	 



    

  


EXHIBIT A


LEASED PREMISES 


 





	Unit A1-200	Office Space	9,131 square feet
	Unit B1-100	Office Space	1,715 square feet
	Unit B1-008	Office Space	80 square feet
	Unit B1-200	Office Space	168 square feet
	Unit B1-201	Office Space	230 square feet
	Unit B1-202	Office Space	224 square feet
	Unit B1-203	Office Space	363 square feet
	Unit B1-300	Office Space	906 square feet
	Unit B1-400	Office Space	(included in A1-200)
	Unit A2-101	Office Space	253 square feet
	Unit A2-104	Office Space	216 square feet
	Unit A2-105	Office Space	161 square feet
	Unit A2-108	Office Space	215 square feet
	Unit A2-301	Office Space	325 square feet
	Unit A2-304	Office Space	216 square feet
	Unit A2-305	Office Space	161 square feet
	Unit B2-300	Office Space	149 square feet
	Unit B2-400	Office Space	1,513 square feet
	Unit B2-500	Office Space	148 square feet
	Unit B2-603	Office Space	253 square feet
	Unit B2-700	Office Space	148 square feet
	Unit B2-900	Office Space	149 square feet
	 	 	 
	Total Office Space	16,724 square feet
	 	 	 
	Unit A1-100	Lab Space	4,069 square feet
	Unit B1-500	Lab Space	690 square feet
	Unit A2-102	Lab Space	367 square feet
	Unit A2-103	Lab Space	325 square feet
	Unit A2-106	Lab Space	495 square feet
	Unit A2-107	Lab Space	477 square feet
	Unit A2-302	Lab Space	339 square feet
	Unit A2-303	Lab Space	409 square feet
	Unit B2-300	Lab Space	379 square feet
	Unit B2-500	Lab Space	380 square feet
	Unit B2-700	Lab Space	378 square feet
	Unit B2-900	Lab Space	379 square feet
	 	 	 
	Total Lab Space	8,687 square feet