EX-10.29



 Exhibit 10.29 
 FIRST LEASE AMENDMENT 
 This First Lease Amendment (the
“Amendment”), is made and entered into this 30th day of November, 2012, by and between THE GRAHAM COMPANIES, a Florida corporation, as “Landlord” and HEARTWARE, INC. a Delaware corporation, hereinafter called
“Tenant”. 
 WITNESSETH 
 WHEREAS, Landlord and Tenant entered into that certain Lease dated December 9, 2010, as modified by a letter dated May 30, 2012 for the demise of the real property located at 14400-14440
NW 60 Avenue, Miami Lakes, Miami-Dade County, Florida, 33014 and designated as Building No. 7A, 7B, 7C in the Miami Lakes Business Park East, said buildings being situated in the complex known as the Miami Lakes Research & Industrial
Park. 
 WHEREAS, Landlord and Tenant desire to modify certain of the terms and provisions of the Lease as hereinafter
set forth. 
 NOW, THEREFORE, for Ten Dollars ($10.00) and other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, Landlord and Tenant agree as follows effective December 1, 2012: 
 Section 1-
Premises: The premises will increase from 130,952 square feet to an agreed 132,425 square feet with the addition of 1,473 square feet designated as Building 7D in the Miami Lakes Business Park East. 

Section 4.A- Base Rent: Base rental for the term December 1, 2012 through February 28, 2022 will be: 

 

													
	 PERIOD
	  	 	MONTHLY RENT	  	  	 	TAX*	  	 	 	TOTAL	  
	 December 1, 2012 through February 28, 2013
	  	 	$      98,827.75	  	  	 	$    6,917.94	  	 	 	$    105,745.69	  
	 March 1, 2013 through February 28, 2014
	  	 	$    101,792.58	  	  	 	$    7,125.48	  	 	 	$    108,918.06	  
	 March 1, 2014 through February 28, 2015
	  	 	$    104,846.36	  	  	 	$    7,339.25	  	 	 	$    112,185.61	  
	 March 1, 2015 through February 29, 2016
	  	 	$    107,991.75	  	  	 	$    7,559.42	  	 	 	$    115,551.17	  
	 March 1, 2016 through February 28, 2017
	  	 	$    111,231.50	  	  	 	$    7,786.21	  	 	 	$    119,017.71	  
	 March 1, 2017 through February 28, 2018
	  	 	$    114,568.45	  	  	 	$    8,019.79	  	 	 	$    122,588.24	  
	 March 1, 2018 through February 28, 2019
	  	 	$    118,005.50	  	  	 	$    8,260.39	  	 	 	$    126,265.89	  
	 March 1, 2019 through February 29, 2020
	  	 	$    121,545.67	  	  	 	$    8,508.20	  	 	 	$    130,053.86	  
	 March 1, 2020 through February 28, 2021
	  	 	$    125,192.04	  	  	 	$    8,763.44	  	 	 	$    133,955.48	  
	 March 1, 2021 through February 28, 2022
	  	 	$    128,947.80	  	  	 	$    9,026.35	  	 	 	$    137,974.14	  

  

	*	All sales, use, or similar taxes now or hereinafter imposed, whether federal, state, or local, which is currently 7% 


Section 4.B (iii)- Tenant’s Pro-Rata Share Percentage- Tenant’s Pro-Rata Share Percentage with regards to the Project will change
to 45.58% based on the total square footage of the Project of 290,529. 
 EXCEPT as modified and amended herein, all
provisions of the Lease shall remain in full force and effect. 







 EXECUTED as of the date first above written in several counterparts, any one of which shall be deemed
an original, but all constituting only one instrument. 
  

					
	WITNESSES:	 	LANDLORD:
		
	 /s/ Vanessa Gonzalez
	 	THE GRAHAM COMPANIES, a Florida corporation
			
		 	By:	 	 /s/ Carol G. Wyllie

	 /s/ Anna Folkman
	 		 	Carol G. Wyllie
	                (As to Landlord)	 	Title:	 	Executive Vice President
			
	(Landlord’s Corporate Seal)	 	Attest:	 	 /s/ Robert S. Whitehead

		 		 	Robert S. Whitehead
		 	Title:	 	Asst. Secretary
		
	WITNESSES:	 	TENANT:
		
	 /s/ Judith Luttazi
	 	HEARTWARE INC., a Delaware corporation
			
	 /s/ Holly Coughlin
	 	By:	 	 /s/ Doug Godshall

	                (As to Tenant)	 		 	Doug Godshall
			
		 	Title:	 	 CEO

			
	(Tenant’s Corporate Seal)	 		 	
		 	Attest:	 	 /s/ Larry Knopf

		 		 	Larry Knopf
			
		 	Title:	 	 Sr.VP Legal Counsel