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EXHIBIT 10.41

EXECUTION COPY

AMENDMENT NO. 6 TO LEASE

THIS AMENDMENT NO. 6 TO LEASE (“Amendment No. 6”) is made as of the 7th day of May, 2020 (“Effective Date”), by and between SQUARE 54 OFFICE OWNER LLC, a Delaware limited liability company (“Landlord”), and VANDA PHARMACEUTICALS INC., a Delaware corporation (“Tenant”).

WITNESSETH:

WHEREAS, by Lease dated as of July 25, 2011 (the “Initial Lease”), as amended by that Amendment No. 1 to Lease dated as of March 18, 2014 (“Amendment No. 1”), and that Amendment No. 2 to Lease dated as of June 20, 2016 (“Amendment No. 2”), and that Amendment No. 3 to Lease dated as of March 28, 2018 (“Amendment No. 3”), and that Amendment No. 4 to Lease dated as of March 29, 2018 (“Amendment No. 4”), and that Amendment No. 5 to Lease dated as of April 11, 2019 (“Amendment No. 5”) (the Initial Lease, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4 and Amendment No. 5, collectively, the “Lease”), Landlord is leasing to Tenant thirty-three thousand five hundred thirty-four (33,534) square feet of rentable area (the “Premises”) located in the East Tower of the building located at 2200 Pennsylvania Avenue, N.W., Washington, D.C. (the “Building”), which includes, without limitation, three thousand two hundred seventy-four (3,274) square feet of rentable area located on the second (2nd) floor more particularly defined as the “Amendment No. 3 Expansion Space”;

WHEREAS, Landlord granted Tenant the Amendment No. 3 Allowance to be applied to Tenant alterations costs in the Amendment No. 3 Expansion Space; 

WHEREAS, pursuant to section 6(d)(iii) of Amendment No. 3, as amended by Amendment No. 5, the period during which Tenant may requisition the Amendment No. 3 Allowance was extended to June 30, 2020; and 

WHEREAS, Landlord and Tenant desire to amend the Lease to further extend the period during which Tenant may requisition the Amendment No. 3 Allowance to June 30, 2021, and to modify certain other terms of the Lease in accordance with and subject to the terms and conditions set forth below.

NOW, THEREFORE, in consideration of the mutual covenants and premises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree to amend the Lease as follows:

1.    Defined Terms.  All capitalized terms used herein and not otherwise defined herein shall have the same meanings as provided for such terms in the Lease.

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2.    Extension of Time for Amendment No. 3 Allowance.  The last sentence of Section 6(d)(iii) of Amendment No. 3, as amended, is hereby deleted in its entirety and replaced with the following:  “Any portion of the Amendment No. 3 Allowance that has not been requisitioned in accordance with the foregoing on or before June 30, 2021 shall be deemed waived and forfeited.” 

3.    Ratification.  Except as otherwise expressly modified by the terms of this Amendment No. 6, the Lease shall remain unchanged and continue in full force and effect.  All terms, covenants and conditions of the Lease not expressly modified herein are hereby confirmed and ratified and remain in full force and effect, and, as further amended hereby, constitute valid and binding obligations of Landlord and Tenant enforceable according to the terms thereof.

4.    Broker.  Landlord and Tenant each represent and warrant to the other that neither of them has employed or dealt with any broker, agent or finder in carrying on the negotiations relating to this Amendment No. 6.  Landlord and Tenant shall indemnify and hold the other harmless from and against any claim or claims for brokerage or other commissions asserted by any broker, agent or finder engaged by Landlord or Tenant or with whom Landlord or Tenant has dealt in connection with this Amendment No. 6.

5.    Authority.  

    (a)    Tenant hereby represents and warrants to Landlord that Tenant is a duly organized and existing corporation and is in good standing under the laws of the State of Delaware and the District of Columbia, that all necessary corporate action has been taken to enter into this Amendment No. 6 and that the person signing this Amendment No. 6 on behalf of Tenant has been duly authorized to do so.

    (b)    Landlord hereby represents and warrants to Tenant that Landlord is a duly organized and existing limited liability company and is in good standing under the laws of the State of Delaware and the District of Columbia, that all necessary company action has been taken to enter into this Amendment No. 6 and that the person signing this Amendment No. 6 on behalf of Landlord has been duly authorized to do so.

6.    Landlord and Tenant Representations and Acknowledgements.

    (a)    To the best of Tenant’s knowledge, Landlord has performed all of its obligations under the Lease.  To the best of Tenant’s knowledge, Landlord is not in default under the Lease as of the date hereof, and Tenant is unaware of any condition or circumstance which, but for the passage of time or delivery of notice, or both, would constitute an event of default by Landlord under the Lease.  Tenant has no current claims, defenses or set-offs of any kind to the payment or performance of Tenant’s obligations under the Lease.  Nothing contained herein shall be deemed to waive any sums due from Tenant to Landlord, or any default or event which, with the passage of time or delivery of notice, or both, would constitute a default by Tenant under the Lease as of the date hereof.

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    (b)    To the best of Landlord’s knowledge, Tenant has performed all of its obligations under the Lease.  To the best of Landlord’s knowledge, Tenant is not in default under the Lease as of the date hereof, and Landlord is unaware of any condition or circumstance which, but for the passage of time or delivery of notice, or both, would constitute an event of default by Tenant under the Lease.  Landlord has no current claims, defenses or set-offs of any kind to the payment or performance of Landlord’s obligations under the Lease.  Nothing contained herein shall be deemed to waive any sums due from Landlord to Tenant, or any default or event which, with the passage of time or delivery of notice, or both, would constitute a default by Landlord under the Lease as of the date hereof.

7.    Mutual Negotiation.  Landlord and Tenant each hereby covenants and agrees that each and every provision of this Amendment No. 6 has been jointly and mutually negotiated and authorized by both Landlord and Tenant, and in the event of any dispute arising out of any provision of this Amendment No. 6, Landlord and Tenant each does hereby waive any claim of authorship against the other party.

8.    General Provisions.  Landlord and Tenant agree that the terms and conditions of this Amendment No. 6 shall also be subject to the same provisions regarding confidentiality as are contained within Section 25.20 of the Initial Lease. 

9.    Binding Effect.  This Amendment No. 6 shall not be effective and binding unless and until fully executed and delivered by each of the parties hereto.  All of the covenants contained in this Amendment No. 6, including, but not limited to, all covenants of the Lease as modified hereby, shall be binding upon and inure to the benefit of the parties hereto, their respective heirs, legal representatives, and permitted successors and assigns.

[Remainder of page intentionally blank.
Signature page follows.]

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IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment No. 6 to Lease as of the date and year first above written.

LANDLORD:

SQUARE 54 OFFICE OWNER LLC,
a Delaware limited liability company

By:    BP/DC PROPERTIES, INC.,
a Maryland corporation, its sole member and manager

By:    /s/ John J. Stroman                
Name:    John J. Stroman            
Title:    SVP, Leasing                

TENANT:

VANDA PHARMACEUTICALS INC.,
a Delaware corporation

By:    /s/ Mihael H. Polymeropoulos        
Name:    Mihael H. Polymeropoulos        
Title:    CEO                    

4AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT

    

    

    THIS AGREEMENT is made effective as of the 16th day of December, 2020

    

    

    BETWEEN:

    

    

    FLORA GROWTH CORP., a corporation existing under the laws of the Province of Ontario and having an office at 65 Queen Street West, Suite 900,

    Toronto, Ontario, M5H 2M5

    

    

    (hereinafter called the “Company”)

                                   OF THE FIRST PART

    AND:

    

    

    LUIS MERCHAN, an individual with an address of 901 Washington Ave. 1B, Brooklyn, NY 11225.

    

    

    (hereinafter called the “Consultant”)

    

    

    OF THE SECOND PART

    

    

    WHEREAS the Company and the Consultant entered into an independent contractor agreement dated for reference the 15th day of June, 2020 (the
      “Agreement”);

    

    

    AND WHEREAS the parties are desirous of amending certain terms of the Agreement;

    

    

    THEREFORE, effective on the date hereof, the Agreement is amended as follows:

    
      

      

      
        	
                1.

              	
                The first sentence of the first paragraph of the Agreement is hereby replaced in its entirely with the following:

              

      

      

    

    The Consultant shall provide consulting services to the Company in the capacity of President and Chief Executive Officer of the Company.

    

    

    
      	
              2.

            	
              Paragraph 15 of the Agreement is hereby replaced in its entirely with the following:

            

    

    

    

    The Company may terminate this Agreement without cause by making a lump sum payment to the Consultant that is equivalent to 12 months’ Base Fees payable to the Consultant within
      thirty (30) days of the termination date.

    

    

    
      	
              3.

            	
              All other terms and conditions of the Agreement are hereby reaffirmed.

            

    

    

    

    [THIS SPACE INTENTIONALLY LEFT BLANK]

    
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    IN WITNESS WHEREOF this amendment has been executed as of the day, month and year first above written.

    

    

    

    

    

    

    
      	 	 	 	
              FLORA GROWTH CORP.

            	 	 
	 	 	 	 	 	 
	 	 	 	/s/Damian Lopez

            	 	 
	 	 	 	Authorized Signing Officer 

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	WITNESS 

              	 	
              LUIS MERCHAN

            	 
	 	 	 	 	 
	 	
              /s/Aaron Atin

              

            	 	
              /s/Luis Merchan

              

            	 
	 	
              Aaron Atin

              

            	 	
              Luis Merchan

              

            	 
	 	

            	 	
              

              

            	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

    

    

    

    

    

    

    

    

    

    

  

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