Document:

Exhibit 10.23

 

AMENDMENT NO. 3 TO SELLPOINTS, INC. LEASE

 

THIS AMENDMENT NO. 3 TO SELLPOINTS, INC. LEASE
is made and entered into as of February 27, 2015, by and between 65TH STREET DEVELOPMENT COMPANY, LLC, a California
limited liability company (“Landlord”), and SELLPOINTS, INC., a Delaware corporation (“Tenant”).

 

RECITALS

 

A.            Landlord
and Tenant entered into that certain Lease dated October 14, 2013, as amended by that certain Amendment No. 1 to the Lease dated
December 11, 2013 and Amendment No. 2 to the Lease dated December 27, 2013 for the lease of certain Premises (the “Premises”),
in 6550 Vallejo Street, Emeryville and 1148 65th Street Oakland, California, more particularly described in Exhibit A
to the Lease. The capitalized terms used in this Amendment shall have the meanings set forth in the Lease unless otherwise specified
herein.

 

B.            Landlord
and Tenant desire by this Amendment to further amend the Lease to relocate and expand the Tenant’s office premises, to decrease
the size of the warehouse portion of the Premises, to extend the term and to adjust Tenant’s percentage share, all set forth
herein.

 

TERMS

 

NOW, THEREFORE, in consideration of the foregoing
recitals and of the mutual agreements herein contained, Landlord and Tenant hereby agree as follows:

 

1.             Amendment
of BASIC LEASE INFORMATION: The following provisions of the Basic Lease Information of the Lease are hereby amended as of the
Delivery (as defined in paragraph 4 below), anticipated to be June 1, 2015, of Suite 250 with the Tenant Improvements (as defined
in paragraph 5 below) substantially completed, , to read as follows:

 

	Premises:	Rentable
	 	Area
	Office Suite 250	8030 sf
	1198 65th Street	 
	Emeryville, CA  94608	 
	 	 
	Warehouse	 
	consisting of warehouse, office and studio
	107-W, 107-O and 107-S	4666 sf
	1148 65th Street	 
	Oakland, CA  94608	 

 

    	 

     

    

 

2.             Amendment
of BASIC LEASE INFORMATION, to read.

 

Base
Rent per Month:

Suite 250:

Delivery Date – January 31, 2016

             $23,683.29 (Office)

February 1, 2016 – January 31, 2017

             $24,324.32 (Office)

February 1, 2017 – January 31, 2018

             $24,984.58 (Office)

February 1, 2018 – May 31, 2018

             $25,664.64 (Office)

 

Warehouse:

Delivery Date – January 31, 2016

             $4200.00

February 1, 2016 – January 31, 2017

             $4,326.00

February 1, 2017 - January 31, 2018

             $4,455.78

February 1, 2018 – May 31, 2018

             $4,589.45

 

Tenant’s
Percentage Share:

Building Share – 17.2%,

Office Share – 20.5%

 

3.             Surrender
of Suites 200 and 300

 

Notwithstanding the foregoing, Tenant shall
continue to be liable for payment of Base Rent and Tenant’s Percentage Share of increases in Operating Expenses and Property
Taxes for Suites 200 and 300 pursuant to the Lease as effective prior to this Amendment until such time as Tenant shall deliver
possession of Suites 200 and 300 to Landlord, in “broom clean” condition, free and clear of all personal property,
trash, effects and debris, ordinary wear and tear excepted, and all Building keys and cards for Suites 200 and 300 shall have been
returned to Landlord. The surrender of Suites 200 and 300 shall be concurrent to the Delivery of Suite 250.

 

4.             Amendment
of Exhibit A. As of the Delivery, the floor plans of the Office and Warehouse portions of the Premises attached to the Lease
as Exhibit A are hereby deleted and Exhibit A to this Amendment is substituted therefor.

 

5.             Initial
Improvements of Suite 250.  Landlord shall cause to be made the improvements in Suite 250 described in the drawings listed
on Exhibit B to this Amendment (the “Tenant Improvement”) to be constructed. The date that possession
of Suite 250 is delivered to Tenant with the Tenant Improvements substantially completed is the “Delivery Date.”

 

    	 	- 2 -	 

     

    

 

6.            Tenant
Allowance. Landlord shall provide Tenant with a $75,000 relocation allowance to be used for furniture, wiring, and other costs

 

7.            Disbursement
of Tenant Allowance.

 

(a) Landlord shall make disbursements from
the Tenant Allowance upon Landlord’s receipt of Tenant’s written request therefor, together with (i) evidence satisfactory
to Landlord of the completion, in a good and workman-like manner, of the Tenant work or material installation (such as furniture
and wiring) for which such disbursement request is made, and (ii) a copy of the final invoice of each contractor or subcontractor
that completed any portion of the Tenant work for which such disbursement request is made. Disbursements from the Tenant Allowance
shall be made, either to Tenant or directly to the applicable contractor(s) or subcontractor(s), at Landlord’s election in
its sole and absolute discretion, in the amounts of such invoices for completed work provided pursuant to clause (ii) of the immediately
preceding sentence; provided, however, that in no event shall Landlord be obligated to make any disbursement from the Tenant Improvement
Allowance which would cause the aggregate amount disbursed therefrom to exceed Seventy-five Thousand Dollars ($75,000). Tenant
shall be solely responsible for, and shall not be reimbursed by Landlord for, any costs incurred by Tenant with respect to Tenant
work, which costs may cause the total amount of costs incurred by Tenant with respect to the Tenant Improvements to exceed Seventy-five
Thousand Dollars ($75,000). If Tenant does not use the full amount of the Tenant Allowance by December 31, 2015, then Tenant may
apply the balance of the Tenant Allowance to rent due.

 

(b) Landlord shall have no obligation to
make any disbursement of all or any portion of the Tenant Improvement Allowance at any time during the existence of an event of
default under the Lease or a condition which with the giving of notice or the passage of time could become an event of default.

 

8.            Counterparts.
This Amendment may be executed, acknowledged and delivered in any number of counterparts, and each of such counterparts shall
constitute an original but all together only one Amendment.

 

9.            Headings.
Any headings or captions preceding the text of the several sections hereof are intended solely for convenience of reference and
shall not constitute a part of this Amendment No. 1 nor shall they affect its meaning, construction or effect.

 

10.          Reference
to Lease. Any and all notices, requests, certificates and other documents or instruments executed and delivered concurrently
with or after the execution and delivery of this Amendment may refer to the Lease without making specific reference to this Amendment,
but nevertheless all such references shall be deemed to include this Amendment, unless the context shall otherwise require.

 

11.          Ratification
of Lease. Except to the extent hereby amended or modified by this Amendment, the Lease is hereby ratified, confirmed and approved
in all respects by the parties.

 

    	 	- 3 -	 

     

    

 

12.          Entire
Agreement. This Amendment sets forth the entire understanding of the parties in connection with the subject matter hereof.
There are no agreements between Landlord and Tenant relating to the Lease or the Premises other than those set forth in writing
and signed by the parties. Neither party hereto has relied on any understanding, representation or warranty not set forth herein,
either oral or written, as an inducement to enter into this Amendment.

 

IN WITNESS WHEREOF, this Amendment is made
as of the day and year first above written.

 

	TENANT:	 	LANDLORD:
	 	 	 
	SELLPOINTS, INC.	 	65TH STREET DEVELOPMENT COMPANY, LLC,
	a Delaware corporation	 	a California limited liability company

 

	By:	/s/ Brian O’keefe	 	By:	/s/ Felicia Woytak

	Name:	Brian O’Keefe	 	Felicia Woytak
	Its:	CEO	 	Manager

 

Exhibit A – Amended Warehouse and
Office Premises

 

    	 	- 4 -	 

     

    

 

 

 

    	 	- 5 -	 

     

    

 

Exhibit B – Amended Office Premises

 

Per Hunstman Architectural Group Plans dated
February 11, 2015

(Full plan set for Suite 250 available upon request)

 

    	 	- 6 -Exhibit 10.27 

 

AMENDMENT TO LEASE AGREEMENT

 

This Amendment to Lease
Agreement (the “Amendment”) is made as of June 1, 2018 (the “Effective Date”), by and between ConversionPoint
Technologies, Inc., a Delaware corporation (“Tenant”) and AtGlenwood, LLC, a Minnesota limited liability company
(“Landlord”).

 

RECITALS

 

WHEREAS, Landlord and
Tamble, Inc., a Delaware corporation (“Tamble”), entered into that certain Lease Agreement dated June 1, 2014
(the “Lease”);

 

WHEREAS, pursuant to
a series of internal reorganizing of the corporate structure of Tamble, Tamble's obligations under the Lease were assigned to and
assumed by Push Holdings, Inc. pursuant to that certain Assignment of Lease dated as of April 1, 2017, and subsequently assigned
to and assumed by Tenant, pursuant to that certain Assignment of Lease dated as of April 25, 2017, each with the prior express
written consent of Landlord; and

 

WHEREAS, the parties now desire to amend the Lease
as more fully detailed below.

 

NOW, THEREFORE, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledges, the parties agree as follows:

 

1.       Premises.
The Premises is hereby amended to mean 26,558 square feet, detailed more specifically as follows: 225 Building A office (4,116
SF), 225 Building B Unit 1 office (1,965 SF), 225 Building C Unit 1 warehouse (3,685 SF), 225 Building C Unit 2 office (2,260 SF),
225 Building D warehouse (5,600 SF), 225 Building E warehouse (2,810 SF), 225 Building F warehouse (6,122 SF)

 

2.       Term.
The Lease shall expire at 11:59 p.m. Central Time on December 31, 2021, subject to Tenant's renewal options outlined in Section
4 hereof.

 

3.       Rent.
Tenant shall make monthly payments of gross rent equal to $27,000.00 per month.

 

4.       Renewal
Options. Provided Tenant is not default under the Lease and has otherwise performed all of its covenants and obligations
thereunder, Tenant shall have the option to extend the term for two additional periods of three years each, upon the same terms
and conditions hereof. In order to exercise its renewal option(s), Tenant shall provide Landlord with at least four months prior
written notice of its intention to renew. The Rent shall include a 5% increase at the commencement of each extension term.

 

5.       Right
of First Refusal to Lease Space. Provided Tenant is not default under the Lease and has otherwise performed all of
its covenants and obligations thereunder, in the event that any space on the property becomes available for rent for any
reason, Tenant shall have the opportunity to lease the vacant space upon the same terms and conditions hereof, except that
the rent shall be equal to then-current market rent for the vacant space. Landlord is free to market the vacant space for
rent but in the event that Landlord signs a letter of intent, Landlord shall immediately provide written notice to Tenant and
Tenant shall have 10 days to exercise its right of first refusal by delivering written notice to Landlord of its intention to
rent such vacant space upon the same terms and conditions as outlined in the letter of intent. If Tenant fails to deliver
such written notice of intent within 10 days, Tenant shall be deemed to have waived its right of first refusal, and Landlord
may enter into a lease with the new tenant without any further obligation to Tenant until such space again becomes vacant
space.

 

    	

     

    

 

6.       Tenant
Improvements. Landlord shall deliver the spaces identified as 225 Building B Unit 1 office (1,965 SF) and 225 Building
C Unit 2 office (2,260 SF) in a shell condition ready to be built-out for Tenant's use. Tenant shall be solely responsible for
any improvements to finish the spaces to its specifications for its use, provided, however, Landlord shall have the right to pre-approve
the plans and consent to the work being performed, which consent shall not be unreasonably withheld.

 

7.       Other
Terms. Except as explicitly amended by this Amendment, all of the terms and conditions of the Lease shall remain in full
force and effect. In the event of any conflict between the terms and conditions of this Amendment and the terms and conditions
of the Lease, this Amendment shall prevail.

 

8.       No
Broker. Tenant represents and warrants to Landlord that it has not dealt with any broker in connection with this Amendment.
Tenant hereby indemnifies and holds Landlord harmless from any and all losses, liability, costs, or expenses (including attorney
fees) incurred as a result of any breach of the foregoing warranty.

 

9.       Choice
of Law. The Lease and this Amendment shall be governed by the laws of the State of Minnesota.

 

10.     Rear
Deck and Patio. The rear deck and patio adjacent to Building A and Building B shall be for the sole exclusive use of Tenant
and shall not be considered common elements for purpose of other tenants.

 

11.     Parking.
Tenant shall have full use of the parking lot except for those certain spaces which have previously been dedicated exclusively
for other tenants.

 

12.     Signage.
Tenant shall have rights to the monument sign as depicted on Exhibit A hereto. Tenant shall maintain the same rights with
respect to size and panel location on any future monument sign. In addition, Tenant shall have the right to advertise on the existing
Glenwood billboard atop the 225 Building, subject to the approval of local government and other regulatory bodies.

 

13.     Entire
Agreement. This Amendment contains the entire understanding between the parties and supersedes any prior or contemporaneous
written or oral agreements between the parties. There are no representations, warranties, agreements, arrangements, or understandings,
oral or written, between the parties relating to the subject matter of this Amendment except as stated herein.

 

14.     Counterparts.
This Amendment may be signed in one or more counterparts, each of which shall constitute an original, but all of which together
shall be one and the same document. An email copy of a party's signature shall be deemed the original signature for all purposes
under this Amendment.

 

    	

     

    

 

IN WITNESS WHEREOF, this Amendment is executed effective as
of the Effective Date.

 

	 	TENANT:	 	LANDLORD:
	 	 	 	 
	 	ConversionPoint Technologies, Inc.	 	AtGlenwood, LLC
	 	 	 	 
	 	By:	/s/ Robert
    Tallack	 	By:	/s/ Haig Newton
	 	Name: Robert Tallack	 	Name: Haig Newton
	 	Its:	 	Its:

 

    	

     

    

 

Exhibit A

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