EXHIBIT 10.1


  


THIRD AMENDMENT OF

LEASE AGREEMENT


 


THIS AGREEMENT is executed in duplicate and effective this 31st
day of January, 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, and a Second Amendment of Lease Agreement
dated July 7, 2013 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:



24,020 square feet in Suites A1-100, A1-200, 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, B2-900, and C1-201 (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 Seven Thousand Six Hundred Fourteen and 46/100 Dollars ($47,614.46).


 


	 	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, and a Second Amendment of Lease Agreement dated July 7, 2013, 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 B1-008	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
	Unit C1-201	Office Space	   324 square feet
	 	 	 
	Total Office Space	15,333 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