Document:

Exhibit

Exhibit 10.22(d)

FOURTH AMENDMENT TO LEASE

FOURTH AMENDMENT TO LEASE dated as of this 28th day of January 2020 by and between BP BAY COLONY LLC, a Delaware limited liability company (“Landlord”), and RADIUS HEALTH, INC., a Delaware corporation (“Tenant”).

RECITALS

By Lease dated May 14, 2014 (the “Lease”), Landlord did lease to Tenant, and Tenant did hire and lease from Landlord, certain premises containing approximately 8,490 square feet of rentable floor area located on the first (1st) floor (referred to in the First Amendment (hereinafter defined) as the “Initial Premises”) of the building known and numbered as 950 Winter Street, Waltham, Massachusetts (the “Building”).

By First Amendment to Lease dated as of September 9, 2015 (the “First Amendment”), Tenant (i) leased from Landlord an additional 8,176 square feet of rentable floor area located on the first (1st) floor of the Building (referred to in the First Amendment as the “Expansion Premises 1”), (ii) leased from Landlord an additional 10,542 square feet of rentable floor area (referred to in the First Amendment as the “Rentable Floor Area of the Expansion Premises 2”) located on the first (1st) floor of the Building (referred to in the First Amendment as the “Expansion Premises 2”, the Initial Premises, the Expansion Premises 1, and the Expansion Premises 2, hereinafter collectively referred to as the “Premises”), and (iii) extended the Term of the Lease, upon all of the same terms and conditions set forth in the Lease except as set forth in the First Amendment. 

By Second Amendment to Lease dated as of April 22, 2016 (the “Second Amendment”), Landlord and Tenant agreed to increase the size of Expansion Premises 1 by 432 square feet of rentable floor area, upon all of the same terms and conditions set forth in the Lease except as set forth in the Second Amendment.

By Third Amendment to Lease dated as of May 23, 2018 (the “Third Amendment”), Landlord and Tenant agreed that the Expansion Premises 2 contains 9,455 square feet of rentable floor area, which is 1,087 square feet less than the 10,542 square feet of rentable floor area that is set forth as the “Rentable Floor Area of the Expansion Premises 2” in the First Amendment. 

Landlord and Tenant have agreed to extend the Term of the Lease for one (1) period of one (1) year upon all of the same terms and conditions set forth in the Lease except as set forth in this Fourth Amendment to Lease (this “Fourth Amendment”).

NOW THEREFORE, in consideration of One Dollar ($1.00) and other good and valuable consideration in hand this date paid by each of the parties to the other, the receipt and sufficiency of which are hereby severally acknowledged, and in further consideration of the mutual promises herein contained, Landlord and Tenant hereby agree to and with each other as follows:
   

1.Term. The Term of the Lease, which but for this Fourth Amendment is scheduled to expire on January 31, 2021 (the “Scheduled Expiration Date”), is hereby extended for one (1) period of one (1) year commencing on February 1, 2021 and expiring on January 31, 2022 (the “Second Extended Term”), unless sooner terminated in accordance with the provisions of the Lease, upon all the same terms and conditions contained in the Lease as herein amended. 

2.Extension Option. Landlord and Tenant acknowledge and agree that the extension option contained in Section 9.18 of the Lease shall be deleted in its entirety, and Tenant’s only option to extend the Term upon the expiration of the Second Extended Term shall be as set forth in this Section 2.

(A)    On the conditions (which conditions Landlord may waive by written notice to Tenant) that both at the time of exercise of the herein described option to extend and as of the commencement of the Third Extended Term (as hereinafter defined) (i) there exists no “Event of Default” (defined in Section 7.1 of the Lease) and there have been no more than two (2) Event of Default occurrences during the Term, (ii) the Lease is still in full force and effect, and (iii) Tenant has neither assigned the Lease nor sublet more than  twenty-five percent (25%)  of the Rentable  Floor Area of the Premises (except for an assignment or subletting permitted without Landlord's consent under Section 5.6.4 hereof), Tenant shall have the right to extend the Term hereof upon all the same terms, conditions, covenants and agreements herein contained (except for the Annual Fixed Rent, which shall be as set forth in Section 2(B) below and except that there shall be no further option to extend) for one (1) period of one (1) year commencing on February 1, 2022 and expiring on January 31, 2023 (the “Third Extended Term”) as hereinafter set forth. Notwithstanding any implication to the contrary, Landlord has no obligation to make any additional payment to Tenant in respect of any construction allowance or the like or to perform any work to the Premises as a result of the exercise by Tenant of any such option.

(B)    If Tenant desires to exercise said option to extend the Term, then Tenant shall give notice (the “Exercise Notice”) to Landlord, not later than January 31, 2021 exercising such option to extend.  During the Third Extended Term, the Annual Fixed Rent for the Premises shall be payable by Tenant at the annual rate of $1,115,226.00 (being the product of (i) $42.00 and (ii) the Rentable Floor Area of the Premises (being 26,553 square feet)). Upon the giving of the Exercise Notice by Tenant to Landlord exercising Tenant's option to extend the Lease Term in accordance with the provisions of this Section 2(B), then the Lease and the Lease Term hereof shall automatically be deemed extended, for the Third Extended Term, without the necessity for the execution of any additional documents; and in such event all references herein to the Lease Term or the term of the Lease shall be construed as referring to the Lease Term, as so extended, unless the context clearly otherwise requires, and except that there shall be no further option to extend the Lease Term.  

3.Annual Fixed Rent. 

(A)Annual Fixed Rent for the Premises through the Scheduled Expiration Date shall continue to be payable by Tenant as set forth in the Lease.

2

(B)During the Second Extended Term, Annual Fixed Rent for the Premises shall be payable by Tenant at the annual rate of $1,088,673.00 (being the product of (i) $41.00 and (ii) the Rentable Floor Area of the Premises (being 26,553 square feet)).

4.Condition of the Premises. Tenant shall accept the Premises in its as-is condition during the Second Extended Term without any obligation on the Landlord’s part to perform any additions, alterations, improvements, demolition or other work therein or pertaining thereto, provided, however, that the foregoing shall not relieve Landlord of its maintenance and repair obligations under the Lease.

5.Brokerage.

(A)    Tenant warrants and represents that Tenant has not dealt with any broker in connection with the consummation of this Fourth Amendment other than Colliers (“Broker”) and in the event any claim is made against Landlord relative to dealings by Tenant with any brokers other than Broker with respect to this Fourth Amendment, Tenant shall defend the claim against Landlord with counsel of Tenant’s selection first approved by Landlord (which approval will not be unreasonably withheld) and save harmless and indemnify Landlord on account of loss, cost or damage which may arise by reason of such claim.

(B)    Landlord warrants and represents that Landlord has not dealt with any broker in connection with the consummation of this Fourth Amendment other than Broker, and in the event any claim is made against Tenant relative to dealings by Landlord with any brokers other than Broker, Landlord shall defend the claim against Tenant with counsel of Landlord’s selection first approved by Tenant (which approval will not be unreasonably withheld) and save harmless and indemnify Tenant on account of loss, cost or damage which may arise by reason of such claim. Landlord agrees that is shall be solely responsible for the payment of brokerage commissions to Broker for this Fourth Amendment.

6.Defined Terms. Except as otherwise expressly provided herein, all capitalized terms used herein without definition shall have the same meanings as are set forth in the Lease.

7.Ratification of Lease. Except as herein amended, the Lease shall remain unchanged and in full force and effect. All references to the “Lease” shall be deemed to be references to the Lease, as previously amended by the First Amendment, the Second Amendment, and the Third Amendment and as further amended by this Fourth Amendment.

8.Authority. Each of Landlord and Tenant hereby represents and warrants to the other that all necessary action has been taken to enter this Fourth Amendment and that the person signing this Fourth Amendment on its behalf has been duly authorized to do so.

9.Counterparts.  This Fourth Amendment may be executed in counterparts, and such counterparts together shall constitute but one original of the Fourth Amendment. Each counterpart shall be equally admissible in evidence, and each original shall fully bind each party who has executed it.  Provided it is accompanied by the final version of this Fourth Amendment (including 

3

all exhibits, if any), an executed signature page of this Fourth Amendment delivered by facsimile or as a PDF or a similar attachment to an email shall constitute effective delivery of this Fourth Amendment by the party so delivering the same for all purposes with the same force and effect as the delivery of an executed original counterpart.

--SIGNATURE PAGE FOLLOWS --

4

EXECUTED as of the date and year first above written.

	
			
	WITNESS: /s/ Casey Jorta
	 
	LANDLORD:

	 
	 
	 

	 
	 
	BP BAY COLONY LLC, a Delaware limited liability company
 
By:  BP BAY COLONY HOLDINGS LLC, a Delaware limited liability company, its sole member
 
By:  BOSTON PROPERTIES LIMITED PARTNERSHIP, a Delaware limited partnership, its member
 
By:  BOSTON PROPERTIES, INC., a Delaware corporation, its general partner 

	 
	 
	 

	 
	 
	By: /s/ Patrick Mulvihill             
       

	 
	 
	Name: Patrick Mulvihill 

	 
	 
	Title:  VP, Leasing 

	
					
	 
	 
	TENANT:

	 
	 
	 

	WITNESS:
	 
	RADIUS HEALTH, INC., a Delaware corporation

	 
	 
	 

	/s/ Jon Mahlowitz
	 
	By:
	/s/ Jesper Hoeiland
	 

	 
	 
	Name:
	Jesper Hoeiland
	 

	 
	 
	Title:
	President & Chief Executive Officer
	 

	 
	 
	 
	 

                        

5Exhibit

Exhibit 10.3(a)

RESTRICTED STOCK UNIT AWARD AGREEMENT 
FOR COMPANY EMPLOYEES 
2018 STOCK OPTION AND INCENTIVE PLAN
(Form amended as of February 20, 2020)
Name of Grantee:        
No. of Restricted Stock Units:        
Grant Date:        
Vesting Commencement Date:            
Pursuant to the Radius Health, Inc. 2018 Stock Option and Incentive Plan, as amended through the date hereof (the “Plan”), Radius Health, Inc. (the “Company”) hereby grants an award of the number of Restricted Stock Units listed above (an “Award”) to the Grantee named above.  Each Restricted Stock Unit shall relate to one share of Common Stock, par value $0.0001 per share (the “Stock”) of the Company.
1.Restrictions on Transfer of Award.  This Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, and any shares of Stock issuable with respect to the Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of until (i) the Restricted Stock Units have vested as provided in Paragraph 2 of this Agreement and (ii) shares of Stock have been issued to the Grantee in accordance with the terms of the Plan and this Agreement.
2.    Vesting of Restricted Stock Units.  The restrictions and conditions of Paragraph 1 of this Agreement shall lapse, and the Restricted Stock Units shall vest in [three (3) substantially equal annual installments] on each of the [first three (3) anniversaries of the vesting commencement date set forth above] (the “Vesting Commencement Date”), such that the Restricted Stock Units will be fully vested on the [third (3rd) anniversary of the Vesting Commencement Date], so long as the Grantee has a continuing Service Relationship with the Company or a Subsidiary or any successor entity on such dates.  The restrictions and conditions in Paragraph 1 shall lapse only with respect to the number of Restricted Stock Units vested on such vesting date.
The Administrator may at any time accelerate the vesting schedule specified in this Paragraph 2.
3.    Termination of Service Relationship.  If the Grantee’s Service Relationship with the Company or a Subsidiary or any successor entity terminates for any reason (including death or disability) prior to the satisfaction of the vesting conditions set forth in Paragraph 2 above, any Restricted Stock Units that have not vested as of such date shall automatically and without notice terminate and be forfeited, and neither the Grantee nor any of his or her successors, heirs, 

assigns, or personal representatives will thereafter have any further rights or interests in such unvested Restricted Stock Units.
4.    Issuance of Shares of Stock.  As soon as practicable following each Vesting Date (but in no event later than two and one-half months after the end of the year in which the Vesting Date occurs), the Company shall issue to the Grantee the number of shares of Stock equal to the aggregate number of Restricted Stock Units that have vested pursuant to Paragraph 2 of this Agreement on such date and the Grantee shall thereafter have all the rights of a stockholder of the Company with respect to such shares. 
5.    Incorporation of Plan.  Notwithstanding anything herein to the contrary, this Agreement shall be subject to and governed by all the terms and conditions of the Plan, including the powers of the Administrator set forth in Section 2(b) of the Plan.  Capitalized terms in this Agreement shall have the meaning specified in the Plan, unless a different meaning is specified herein.
6.    Tax Withholding.   Notwithstanding any Plan provision to the contrary, unless the Administrator determines otherwise, the requirement for the Grantee to satisfy all withholding obligations arising in connection with the Award will be satisfied by placing a market sell order with a broker acceptable to the Company covering a sufficient number of shares of Stock otherwise then-issuable under the Award as are necessary to satisfy the statutory tax withholding obligations arising in connection with the Award, as determined by the Company.  The net proceeds of such sale shall be delivered to the Company or its applicable subsidiary upon the settlement of such sale.  The Grantee acknowledges that, unless otherwise determined by the Administrator, such market sell order will be placed automatically and that it is mandatory, binding and non-discretionary on the part of the Grantee.  The Company shall have the authority to cause the required tax withholding obligation to be satisfied, in whole or in part, by withholding from shares of Stock to be issued to the Grantee a number of shares of Stock with an aggregate Market Value that would satisfy the withholding amount due.
7.    Section 409A of the Code.  This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.
8.    No Obligation to Continue Service Relationship.  Neither the Company nor any Subsidiary is obligated by or as a result of the Plan or this Agreement to continue the Grantee’s Service Relationship with the Company or a Subsidiary or any successor entity, and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to terminate the Grantee’s Service Relationship at any time.
9.    Integration.  This Agreement constitutes the entire agreement between the parties with respect to this Award and supersedes all prior agreements and discussions between the parties concerning such subject matter.
10.    Data Privacy Consent.  In order to administer the Plan and this Agreement and to implement or structure future equity grants, the Company, its subsidiaries and affiliates and certain agents thereof (together, the “Relevant Companies”) may process any and all personal or 

2

professional data, including but not limited to Social Security or other identification number, home address and telephone number, date of birth and other information that is necessary or desirable for the administration of the Plan and/or this Agreement (the “Relevant Information”).  By entering into this Agreement, the Grantee (i) authorizes the Company to collect, process, register and transfer to the Relevant Companies all Relevant Information; (ii) waives any privacy rights the Grantee may have with respect to the Relevant Information; (iii) authorizes the Relevant Companies to store and transmit such information in electronic form; and (iv) authorizes the transfer of the Relevant Information to any jurisdiction in which the Relevant Companies consider appropriate.  The Grantee shall have access to, and the right to change, the Relevant Information.  Relevant Information will only be used in accordance with applicable law.
11.    Notices.  Notices hereunder shall be mailed or delivered to the Company at its principal place of business and shall be mailed or delivered to the Grantee at the address on file with the Company or, in either case, at such other address as one party may subsequently furnish to the other party in writing.
12.    Acceptance of Award.  The Grantee must execute this Agreement by logging on to the Company’s administrative agent’s website for the Plan.  IF THE GRANTEE DOES NOT ELECTRONICALLY ACCEPT THIS AWARD THROUGH THE WEBSITE WITHIN THIRTY (30) DAYS FOLLOWING THE GRANT DATE AND THEREBY ACCEPT THE TERMS AND CONDITIONS OF THIS AGREEMENT AND THE PLAN, THEN THE GRANTEE WILL BE DEEMED TO HAVE DECLINED THE AWARD AND THIS AWARD WILL BE NULL AND VOID (AND THE PARTICIPANT WILL HAVE NO RIGHTS WITH RESPECT TO THE AWARD).

3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00305-of-00352.parquet"}]]