EX-10.6




 Exhibit 10.6 

AMENDMENT NO. 1 TO LEASE 

This AMENDMENT NO. 1 TO LEASE
(“Amendment”), dated             , 2008 (“Execution Date”) for reference purposes only, is entered into by and between FREESCALE
SEMICONDUCTOR, INC., a Delaware corporation (“Landlord”), and EVERSPIN TECHNOLOGIES, INC., a Delaware corporation (“Tenant”), with reference to the following facts: 

A. Landlord and Tenant are parties to that certain Lease dated as of June 4, 2008 (“Lease”), pursuant to which Landlord
leases to Tenant certain space (“Premises”) located at 1300 North Alma School Road, Chandler, Arizona. 

B. The parties desire to amend the Lease to correct certain inaccurate provisions and exhibits in the Lease and have such corrections in this
Amendment be deemed to take place as of the Effective Date of the Lease, which is June 4, 2008, all on the following terms and conditions. 

NOW, THEREFORE, in consideration of the above recitals which are hereby incorporated herein, the mutual covenants and conditions
contained herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree to amend the Lease, effective as of the Effective Date of the Lease, as follows: 

1. Premises. Section 1.A. of the Lease is hereby replaced with the following: 

A. For and in consideration of the covenants and agreements on the part of Tenant contained herein, and under and subject to the terms and
conditions hereof, Landlord hereby leases and demises unto Tenant those certain premises in portions of the buildings known as A Building, B Building, M Building and N Building (individually, a “Building” and collectively
with all other buildings located in the Project, the “Buildings”) which are part of that certain project owned by Landlord known as “Chandler” (herein the “Project”) located at 1300 North
Alma School Road, Chandler, Arizona 85224 as illustrated on Exhibit A attached hereto and hereby made a part hereof, containing 6,816 square feet of office space in M Building (of which 486 square feet consists of a conference room)
(said 6,816 square feet of space is herein referred to as the “Office Space”), 9,259 square feet of fabrication space in M Building (herein the “Fab Space”), and 5,625 square feet of lab space in A
Building (herein the “Lab Space”) totaling 21,700 square feet of floor area (hereinafter called the “Premises”) as illustrated on the floor plans contained in Exhibit C-1 attached hereto
and made a part hereof, together with the right to use certain facilities that are located on the real property legally described in Exhibit D attached hereto and made a part hereof (herein the “Property”) that
are provided by Landlord in common to Tenant, 

  
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Landlord’s employees and other third parties such as vendors and suppliers designated by Landlord and are defined below as Common Areas. In addition to the Premises, Landlord hereby grants
to Tenant, during the Term of this Lease, at no additional charge, the non-exclusive right to use the space (the “TSO Space”) designated on Exhibit C-1 as the TSO Lab, subject to procedures adopted by Landlord
governing such access by Tenant. Tenant may locate certain of Tenant’s Property (as herein defined) in the TSO Space as previously approved by Landlord.” 

2. Floor Plan of Premises. Exhibit C is hereby replaced with the Floor Plan attached hereto as Exhibit C-1. 

3. Initial Term Fixed Rent. Exhibit E is hereby replaced with the Initial Term Fixed Rent schedule attached hereto as
Exhibit E-1. 
 4. Renewal Term Fixed Rent. Exhibit F is hereby replaced the Renewal Term Fixed Rent schedule attached
hereto as Exhibit F-1. 
 5. Brokers. Tenant hereby represents to Landlord that Tenant has dealt with no broker in
connection with this Amendment. Tenant agrees to indemnify and hold Landlord harmless from all claims of any brokers claiming to have represented Tenant in connection with this Amendment. Landlord hereby represents to Tenant that Landlord has dealt
with no broker in connection with this Amendment. Landlord agrees to indemnify and hold Tenant harmless from all claims of any broker claiming to have represented Landlord in connection with this Amendment. 

6. Miscellaneous. This Amendment sets forth the entire agreement between the parties with respect to the matters set
forth herein. There have been no additional oral or written representations or agreements. Except as herein modified or amended, the provisions, conditions and terms of the Lease shall remain unchanged and in full force and effect. In the case of
any inconsistency between the provisions of the Lease and this Amendment, the provisions of this Amendment shall govern and control. Each signatory of this Amendment represents hereby that he or she has the authority to execute and deliver the same
on behalf of the party hereto for which such signatory is acting. This Amendment may be executed in multiple counterparts each of which is deemed an original but together constitute one and the same instrument. This Amendment may be executed in
so-called “PDF” format, and each party has the right to rely upon a PDF counterpart of this Amendment signed by the other party to the same extent as if such party had received an original counterpart. 

[SIGNATURES ARE ON FOLLOWING PAGE] 

  
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 IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment as of the day
and year first above written. 
  

									
	 LANDLORD:
  

FREESCALE SEMICONDUCTOR, INC.,
 a Delaware corporation

 
	 		 	 TENANT:
  

EVERSPIN TECHNOLOGIES, INC.,
 a Delaware corporation

 

	By:	 	 /s/ Lisa Su
	 		 	By:	 	 /s/ Saied Tehrani

	 Print Name: Lisa Su
	 		 	 Print Name: Saied Tehrani

	 Its: SR VP & GM of NMG & CTO
	 		 	 Its: COO

	 Date: 01/15/09
	 		 	 Date: 2/2/09



  
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 EXHIBIT C-1 

Floor Plan 

(attach copy) 

  
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 EXHIBIT E-1 

Initial Term Fixed Rent Chart 
  

							
	 Premises
	  	 Rentable

Square
 Feet
	  	 Annual Fixed Rent
	  	 Monthly Fixed Rent

	 Office Space

(M Building)
	  	6,816	  	$120,760/year	  	$10,063.33/month
				
	 Fab Space

(M Building)
	  	9,259	  	$606,050/year	  	$50,504.17/month
				
	 Lab Space

(A Building)
	  	5,625	  	$114,240/year	  	$9,520.00/month
				
	 Total
	  	21,700	  	$841,050/year	  	$70,087.50/month


  
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