Exhibit 10.12

 

Amendment to the
 Commercial Lease

 

	
between:
    	
IBM Immobilien GbR
    
	
 
    	
Gaisbergstrasse 21
    
	
 
    	
94469 Deggendorf, Germany
    
	
 
    	
- Landlord -
    
	
 
    	
 
    
	
and
    	
congatec AG
    
	
 
    	
Auwiesenstrasse 5
    
	
 
    	
94469 Deggendorf, Germany
    
	
 
    	
- Tenant -
    


 

For the following building:  Auwiesenstrasse 5, 94469 Deggendorf, Germany

 

As an amendment to the Commercial Lease dated 12/31/2004 including modifications/amendments thereof dated 12/31/2004, 12/28/2006, 01/01/2009, 01/20/2009 and 12/15/2012, the following Amendment shall be agreed:

 

To Art. 1 Object of lease

 

From 07/01/2014-or-after when the works are completed, the newly built offices on the first floor (commercial units: 3, 3a, 5, 6) shall be rented additionally.

 

To Art. 2 Rental period

 

The Commercial Lease for the whole building shall be continued for 10 years until 01/01/2025.

 

To Art. 3 Rental payment

 

[handwritten: completion of works]

 

From 07/01/2014, the following rental payment shall be agreed:

 

	
Item
    	
 
    	
Rented space / description
    	
 
    	
m2
    	
 
    	
Rent/m2
    	
 
    	
Total rent
    	
 
    	
Total
    	
 
    
	
1
    	
 
    	
Second floor- Commercial unit 1 part 1
    	
 
    	
616.07
    	
 
    	
7.50 €
    	
 
    	
4,620.53 €
    	
 
    	
 
    	
 
    
	
2
    	
 
    	
Second floor- Commercial unit 1 part 2
    	
 
    	
283.43
    	
 
    	
7.50 €
    	
 
    	
2,125.73 €
    	
 
    	
 
    	
 
    
	
3
    	
 
    	
First floor- Commercial unit 1 part 3
    	
 
    	
73.37
    	
 
    	
6.50 €
    	
 
    	
476.91 €
    	
 
    	
 
    	
 
    
	
4
    	
 
    	
First floor- Commercial unit 1 part 4
    	
 
    	
62.29
    	
 
    	
7.50 €
    	
 
    	
467.18 €
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Total commercial unit 1
    	
 
    	
1035.16
    	
 
    	
 
    	
 
    	
7,690.33 €
    	
 
    	
7,690.33 €
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
5
    	
 
    	
First floor- Commercial unit 2
    	
 
    	
155.17
    	
 
    	
4.00 €
    	
 
    	
620.68 €
    	
 
    	
620.68 €
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
6
    	
 
    	
First floor- Commercial unit 3
    	
 
    	
50.76
    	
 
    	
7.50 €
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
7
    	
 
    	
First floor- Commercial unit 3a
    	
 
    	
171.1
    	
 
    	
7.50 €
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
8
    	
 
    	
First floor- Commercial unit 5
    	
 
    	
358.3
    	
 
    	
7.50 €
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
9
    	
 
    	
First floor- Commercial unit 6
    	
 
    	
251.8
    	
 
    	
7.50 €
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Total commercial units 3-6
    	
 
    	
831.96
    	
 
    	
7.50 €
    	
 
    	
6,239.70 €
    	
 
    	
6,239.70 €
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
10
    	
 
    	
Underground parking garage - Lump sum rent
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1,000.00 €
    	
 
    	
1,000.00 €
    	
 
    
	
 
    	
 
    	
Total spaces
    	
 
    	
2022.29
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
Net rent
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
15,550.71 €
    	
 
    
	
 
    	
 
    	
Monthly operating costs installment
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1,700.00 €
    	
 
    
	
 
    	
 
    	
Total net payment
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
17,250.71 €
    	
 
    
	
 
    	
 
    	
19% VAT
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
3,277.63 €
    	
 
    
	
 
    	
 
    	
Monthly gross payment
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
20,528.34 €
    	
 
    


 

The enclosed updated calculation of areas and a floor plan form part of this Amendment.

 

To Art. 4 - Additional property expenses

 

From 07/01/2014 or after when the works are completed, the advance payment for operating costs including heating expenses shall amount to: 1,700.—€/ month plus VAT

 

All other provisions of the Commercial Lease dated 12/31/2004 and its Amendments shall remain unaffected.

 

Deggendorf, 4/1/2014

 

	
/s/ Heinz Iglhaut
    	
 
    	
/s/ Gerhard Edi
    
	
 
    	
 
    	
 
    
	
IM Immobilien GbR
    	
 
    	
congatec AG
    
	
 
    	
 
    	
 
    
	
- Landlord — Heinz Iglhaut
    	
 
    	
Tenant — Gerhard Edi