EX-10.24





 Exhibit 10.24 

FIRST AMENDMENT TO LEASE 

THIS FIRST AMENDMENT TO OFFICE LEASE (this “Amendment”) is made and entered into as of October 29, 2020 (the
“Effective Date”), by and between ELEVATE SABINE INVESTORS LP, a Texas limited partnership (“Landlord”), and HIPPO ANALYTICS INC., a Delaware corporation (“Tenant”). 

RECITALS: 
 A. Landlord
(as successor in interest to Elevate Sabine, LLC, a Texas limited liability company) and Tenant are parties to that certain Office Lease dated July 2, 2020 (the “Lease”), pursuant to which Landlord leases to Tenant certain premises
(the “Premises”) in the building to be constructed at 701 E. 5th Street, Austin, Texas, which will be known as “Waterloo Central” (the “Building”), which Premises will contain approximately 31,700 rentable square feet,
as more specifically set forth in the Lease. Unless otherwise defined herein, all capitalized words and terms used in this Amendment shall have the meanings given to them in the Lease. The Lease, as amended by this Amendment, is referred to herein
as the “Amended Lease.” 
 B. Landlord and Tenant desire to amend the Lease to include a deadline for the Delivery Date.

 NOW THEREFORE, in consideration of the foregoing recitals and the mutual covenants set forth herein and other good and valuable
consideration, the undersigned parties hereby agree as follows: 
 1. Delivery Deadline. If for any reason the Delivery Date has not
occurred by July 31, 2022 (the “Delivery Deadline”), then Tenant may terminate the Amended Lease by giving Landlord written notice of termination of the Amended Lease at any time prior to Landlord’s delivery of possession
of the Premises to Tenant in the Delivery Condition. In the event that Tenant exercises its termination right pursuant to this Section 1, Landlord shall immediately return to Tenant all amounts paid to Landlord under the Amended Lease. The
Delivery Deadline may be extended by Landlord in the event of a Force Majeure, provided that Landlord has been using diligent and continuous efforts to achieve the Delivery Condition, subject only to such events of Force Majeure; provided, however,
that in no event will the Delivery Deadline be extended by Landlord past November 1, 2022, or Tenant may terminate the Amended Lease in accordance with this Section 1. 

2. Notice to Proceed. Landlord shall promptly notify Tenant when Landlord gives its general contractor the Notice to Proceed with
respect to Landlord’s Work, and shall provide Tenant with a copy of the Notice to Proceed. 
 3. No Other Modifications. Except
as specifically set forth in this Amendment, the Lease shall remain in full force and effect without further modification. The Amended Lease is hereby ratified and confirmed. In the event of a conflict between the provisions of this Amendment and
the provisions of the Lease, the provisions of this Amendment shall control. 












 4. Counterparts. This Amendment may be executed in two or more counterparts, each of
which shall constitute an original and all of which together shall constitute one and the same instrument. 
 5. PDF or Faxed
Signatures. This Amendment may be executed by a party’s signature transmitted by electronic mail in pdf or similar format (“pdf”) or by facsimile (“fax”), and copies of this Amendment executed and delivered by means of
pdf or faxed signatures shall have the same force and effect as copies hereof executed and delivered with original signatures. All parties hereto may rely upon pdf, faxed or electronic signatures (including, without limitation, DocuSign) as if such
signatures were originals. Any party executing and delivering this Amendment by pdf or fax shall promptly thereafter deliver a counterpart of this Amendment containing said party’s original signature to the other party. All parties hereto agree
that a pdf or faxed signature page may be introduced into evidence in any proceeding arising out of or related to this Amendment as if it were an original signature page. 

[Remainder of page intentionally left blank] 

  
 -2- 













 IN WITNESS WHEREOF, Landlord and Tenant have caused this Amendment to be executed as of the
date first above written. 
  

											
	LANDLORD:	 		 		 	ELEVATE SABINE INVESTORS LP,
		 		 		 	a Texas limited partnership
		 		 		 	By:	 	Elevate Sabine GP, LLC,
		 		 		 		 	a Texas limited liability company
		 		 		 	Its:	 	General Partner
						
		 		 		 		 	By:	 	 /s/ Chris Skyles

		 		 		 		 	Name:	 	Chris Skyles
		 		 		 		 	Title:	 	Manager
				
	TENANT:	 		 		 	HIPPO ANALYTICS INC.
		 		 		 	a Delaware corporation
					
		 		 		 	By:	 	 /s/ Assaf Wand

		 		 		 	Name:	 	Assaf Wand
		 		 		 	Title:	 	CEO	 	

 AGREEMENT OF GUARANTOR 

The undersigned hereby agrees that the Lease Guaranty Agreement dated as of July 2, 2020, executed by the undersigned in connection with
the Lease, shall remain in full force and effect with respect to the Amended Lease (as such terms are defined in the foregoing First Amendment to Office Lease). 
  

							
	Dated: October 29, 2020	 		 	HIPPO ENTERPRISES INC.,
		 		 	a Delaware corporation
				
		 		 	By:	 	 /s/ Assaf Wand

		 		 	Name: Assaf Wand
		 		 	Title: CEO


  
 -3-