Exhibit 10.84

 



 

Iowa State University Research Park Corporation
 2711 South Loop Drive, Suite 4050
 Ames, Iowa 50010-8648

 

Memorandum of Agreement

 

	
DATE:
    	
September 29, 2011
    
	
 
    	
 
    
	
TO:
    	
Nick Vahanian, President & CEO
    
	
 
    	
NewLink Genetics Corporation
    
	
 
    	
2503 S. Loop Drive, Suite 5100
    
	
 
    	
Ames, IA 50010
    
	
 
    	
 
    
	
FROM:
    	
Steven T. Carter, President
    
	
 
    	
 
    
	
RE:
    	
ADDENDUM TO THE LEASE BETWEEN ISU RESEARCH   PARK CORPORATION AND NEWLINK GENETICS CORPORATION DATED FEBRUARY 1, 2001.
    


 

The following information constitutes changes to the Lease Agreement between ISU Research Park Corporation (Landlord) and NewLink Genetics Corporation (Tenant).  Upon signatures of appropriate representatives of Landlord and Tenant affixed to this Memorandum, this Memorandum becomes a part of that Lease Agreement dated February 1, 2001.

 

Landlord agrees to release the Lease Agreement for Suites 3350 (containing ±1,038 rsf) as of September 2, 2011; Suites 3600 (±1,325 rsf), 3575 (±523 rsf), and 3903-3907 (±1,992 rsf) as of October 31, 2011; and Suites 3540, 3550, and 3560 as of January 31, 2012.  Tenant agrees to transfer use of Suites 3540, 3550 & 3560 to BioProtection Systems Corporation, a wholly-owned subsidiary, from November 1, 2011- January 31, 2012.

 

Landlord agrees to extend the Lease Agreement for Suites 3500- 3532 (±3,634 rentable square feet) and Suites 3901, 3902 & 3908 (±1,155 rsf) in the following manner:

 











 

	
Term
    	
 
    	
Sq. Ft.
   Base
   Rents
    	
 
    	
Sq. Ft.
   Operating
   Rents
    	
 
    	
Monthly
   Base
   Rents
    	
 
    	
Monthly
   Operating
   Rents
    	
 
    	
Annual
   Base
   Rents
    	
 
    	
Annual
   Operating
   Rents
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Suites 3500- 3532 (containing ±3,634 rsf)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
11/1/2011-10/31/2012
    	
 
    	
$
    	
11.90
    	
 
    	
Actual
    	
 
    	
$
    	
3,603.72
    	
 
    	
Actual
    	
 
    	
$
    	
43,244.64
    	
 
    	
Actual
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Suites 3901,   3902 & 3908   (containing ±1,155 rsf)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
11/1/2011-10/31/2012
    	
 
    	
$
    	
12.75
    	
 
    	
Actual
    	
 
    	
$
    	
1,227.19
    	
 
    	
Actual
    	
 
    	
$
    	
14,726.28
    	
 
    	
Actual
    	
 
    


 

Tenant leases the space as is.  Any modifications will be at the Tenant’s sole expense.  Landlord agrees to release Tenant from this lease obligation upon Tenant’s move into another facility at the ISU Research Park.  Subject to the terms of this Memorandum, Tenant agrees that all terms and conditions of the February 1, 2001 Lease and those described in this Memorandum shall remain in force.

 

Tenant continues to be responsible for their custodial services and the cost & maintenance for the fume hoods and plumbing in the labs & kitchen & the equipment in Rm 3531.  This agreement does not preclude other tenants from using the equipment in Rm 3531.  Gas & water usage, as well as utility costs for the HVAC system, will be prorated & invoiced monthly.  Electricity is metered separately & is invoiced directly from the provider.

 

Please sign and return both originals to my office by October 3rd, 2011 if you concur with the above terms.  We will then send a fully executed copy for your records.

 

AGREED

 

	
FOR
    	
 
    	
FOR
    
	
BioProtection Systems Corporation
    	
 
    	
ISU Research Park Corporation
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    


 

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