Document:

Exhibit 10.16

    

    

    AMENDMENT NUMBER THREE TO

    

    

    OFFICE LEASE

    

    

    This Amendment Number Three to Office Lease (“Third Amendment”), dated November 16, 2020 for reference purposes only, is made by and between REALTY INCOME
      PROPERTIES 14, LLC, a Delaware limited liability company (“Landlord”) and KINNATE BIOPHARMA INC., a Delaware corporation (“Tenant”) with reference to the following
      recitals.

    

    

    RECITALS

    

    

    A.          Landlord is the current holder of the landlord’s interest, and Tenant is the current holder of the tenant’s interest under that certain Office Lease dated May 2, 2018 (as assigned and amended, the “Lease”).

    

    

    B.          The Lease provides that Landlord leases to Tenant and Tenant leases from Landlord that certain property as depicted in Exhibit “A” of the Lease commonly known as:

    

    

    11975 El Camino Real, Suite 101

    San Diego, CA 92130

    

    

    C.          The Lease Term is set to expire on December 31, 2020.

    

    

    D.          Landlord and Tenant desire to extend the term of the Lease, and further desire to modify the Lease as more particularly set forth herein.

    

    

    

    

    NOW THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
      follows:

    

    

    AGREEMENT

    

    

    1.          Recitals. The Recitals set forth above are incorporated herein by reference.

    

    

    2.          Defined Terms. Initially capitalized terms not defined herein shall have the meanings given to them in the Lease. As of the effective date of this Third Amendment, the term “Lease”
      shall mean the Lease as amended by this Third Amendment.

    

    

    3.          Extension of Lease Term. The Lease Term is hereby extended for a period of three (3) months, commencing on January 1, 2021 and continuing through and until March 31, 2021 (the “Extension Term”). All covenants, conditions, and provisions of the Lease shall be applicable during the Extension Term. The Base Rent payable during the Extension Term shall be the same as the Base Rent due during
      the calendar month immediately preceding the Extension Term.

    
      
        

    

    4.          Option to Extend.  Provided that Tenant is occupying the entire Premises and is not in default under the Lease on the Exercise Deadline (as defined below), Tenant shall have the
      option to extend the term of this Lease for an additional period of THREE (3) MONTHS (“Extension Option”) beginning on April 1, 2021 and expiring on June 30, 2021 (“Extension
        Period”) by delivering written notice of its election to exercise the Extension Option on or before February 28, 2021 (“Exercise Deadline”).  The Base Rent payable during the Extension Period shall be
      the same as the Base Rent due during the calendar month immediately preceding the first day of the Extension Period.  The parties acknowledge and agree that Tenant does not have any options to extend the term of the Lease other than the Extension
      Option.

    

    

    5.          No Further Modifications. Except as specifically amended herein, all terms and conditions of the Lease shall remain in full force and effect. Landlord’s execution of this Third
      Amendment shall in no way be deemed a waiver of Landlord’s rights or remedies under the Lease with respect to any defaults (if any) by Tenant not specifically addressed in this Third Amendment.

    

    

    6.           Effective Date. The effective date of this Third Amendment shall be the date upon which this Third Amendment is last executed by Landlord or Tenant.

    

    

    7.          Counterparts. This Third Amendment may be executed in multiple counterparts, and all counterparts shall together constitute one agreement binding upon all parties. Signatures
      scanned and transmitted electronically and electronic signatures shall be deemed original signatures for purposes of the Third Amendment, and shall have the same legal effect as original signatures.

    

    

    IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment Three to Office Lease as of the last date set forth below.

    

    

    	
            LANDLORD

          	
            TENANT:

          
	 	 
	
            REALTY INCOME PROPERTIES 14, LLC

            a Delaware limited liability company

          	
            KINNATE BIOPHARMA INC.,

            a Delaware corporation

          
	 	 	 	 	 
	
            By:

          	
            Realty Income Corporation,

          	
            By:

          	
            /s/Mark Meltz

          
	 	
            a Maryland corporation,

          	
            Name:

          	
            Mark Meltz

          
	 	
            its sole and managing member

          	
            Title:

          	
            COO and General Counsel

          
	 	 	 	
            Date:

          	
            November 19, 2020

          
	 	
            By:

          	
            /s/ Lori Satterfield

          	 	 
	 	
            Name:

          	
            Lori Satterfield

          	 	 
	 	
            Title:

          	
            Senior Vice President, Associate General Counsel

          	 	 
	 	
            Date:

          	
            November 20, 2020Exhibit 4.14

 

	THIS CERTIFICATE IS 	SEE REVERSE
FOR
	TRANSFERABLE	IMPORTANT NOTICE
	IN THE CITY OF NEW YORK, N.Y.	ON TRANSFER RESTRICTIONS
	 	AND OTHER INFORMATION
	 	 
	 	
        CUSIP 929042810

        ISIN US US9290428104

 

VORNADO REALTY TRUST

_____________________

a Real Estate Investment Trust

Formed Under the Laws of the State of Maryland

 

THIS CERTIFIES
THAT                        ****SPECIMEN****                                 

 

is
the owner of               ****(ZERO)****                       

 

fully paid and nonassessable 5.25% Series N Cumulative
Redeemable Preferred Shares of Beneficial Interest, liquidation preference $25.00 per share, of no par value, of

 

VORNADO REALTY TRUST

________________

 

(the “Trust”), transferable on the books of the
Trust by the holder hereof in person or by duly authorized attorney, upon surrender of this Certificate properly endorsed. This
Certificate and the shares represented hereby are issued and shall be held subject to all of the provisions of the Declaration
of Trust and Bylaws of the Trust and any amendments thereto. This Certificate is not valid until countersigned and registered by
the Transfer Agent and Registrar.

 

WITNESS the facsimile seal and the facsimile
signatures of the duly authorized officers of the Trust.

 

DATED              ****SPECIMEN****                 

 

Countersigned and Registered:

 

[SEAL]

 

AMERICAN STOCK TRANSFER 

      & TRUST COMPANY, LLC

      (New York, New York)

 

	Transfer Agent and Registrar	 	 	 
	 	 	 	 	Executive Vice President – Chief Financial
	 	 	 	 	Officer and Chief Administration Officer

 

	By:		 	 	 
	 	Authorized signature	 	 	President

 

     

     

    

 

VORNADO REALTY TRUST

IMPORTANT NOTICE

 

The Trust will furnish to any shareholder,
on request and without charge, a full statement of the information required by Section 8-203(d) of the Corporations and
Associations Article of the Annotated Code of Maryland with respect to the designations and any preferences, conversion and
other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions
of redemption of the shares of each class of beneficial interest which the Trust has authority to issue and, if the Trust is authorized
to issue any preferred or special class in series, (i) the differences in the relative rights and preferences between the
shares of each series to the extent set, and (ii) the authority of the Board of Trustees to set such rights and preferences
of subsequent series. The foregoing summary does not purport to be complete and is subject to and qualified in its entirety by
reference to the Declaration of Trust (the “Declaration of Trust”), of the Trust, a copy of which will be sent without
charge to each shareholder who so requests. Such request must be made to the Secretary of the Trust at its principal office or
to the Transfer Agent.

 

The shares of Preferred Stock represented
by this certificate are subject to restrictions on ownership and transfer for the purpose of the Trust’s maintenance of its
status as a real estate investment trust under the Internal Revenue Code of 1986, as amended (the “Code”). No Person
may Beneficially Own shares of Preferred Stock of any class in excess of 9.9% of the outstanding Preferred Equity Stock of such
class and no Person may Constructively Own Preferred Stock of any class in excess of 9.9% of the outstanding Preferred Equity Stock
of such class (unless such person is an Existing Constructive Holder). Any Person who attempts to Beneficially Own or Constructively
Own Shares in excess of the above limitations must immediately notify the Trust. All capitalized terms used in this legend have
the meanings set forth in the Declaration of Trust, a copy of which, including the restrictions on ownership and transfer, will
be sent without charge to each stockholder who so requests. Such request must be made to the Secretary of the Trust at its principal
office or to the Transfer Agent. If the restrictions on ownership and transfer are violated, the shares of Preferred Stock represented
hereby will be automatically exchanged for shares of Excess Stock which will be held in trust by the Trust.

 

     

     

    

 

KEEP THIS CERTIFICATE IN A SAFE PLACE. IF
IT IS LOST, STOLEN

OR DESTROYED, THE TRUST WILL REQUIRE A BOND OF INDEMNITY

AS A CONDITION TO THE ISSUANCE OF A REPLACEMENT CERTIFICATE.

 

The following abbreviations, when used in
the inscription on the face of this Certificate, shall be construed as though they were written out in full according to applicable
laws or regulations:

 

	TEN COM	–	as tenants in common
	TEN ENT	–	as tenants by the entireties
	JT TEN	–	as joint tenants with right of survivorship and not as tenants in common

 

	UNIF GIFT MIN ACT		 Custodian 		 
	 	(Cust) 	 	(Minor)	 

 

	 	Under Uniform Gifts to Minors Act of	 
	 		 
	 	(State)	 

 

Additional abbreviations may also be used
though not in the above list.

 

FOR VALUE RECEIVED, _______________________ HEREBY SELLS,
ASSIGNS AND TRANSFERS UNTO _____________________________________________________________________________________________________________________ (PLEASE PRINT OR
TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

 

_____________________________________________________________________________________________________________________
(PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE)

 

__________________________________________________ shares of the shares represented
by the within Certificate, and do hereby irrevocably constitute and appoint _______________________________________ Attorney to transfer
the said shares on the books of the within named Trust with full
 power of substitution in the premises.

 

Dated _____________________

 

_______________________________________________________________

NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS WRITTEN UPON THE FACE OF THIS CERTIFICATE IN EVERY PARTICULAR,
WITHOUT ALTERATION OR ENLARGEMENT OR ANY CHANGE WHATEVER.

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