Document:

Exhibit 10.3

 

 

TEMPORARY
LEASE EXTENSION AGREEMENT 

August 09, 2019

 

This Agreement, executed by mutual
signature, hereby provides an additional temporary extension of Applied DNA Sciences Inc. Lease, dated June 14, 2013 with the
below amendments, notifications and terms.

 

The Term of this extension is from
August 10, 2019 through September 15, 2019.

 

It is hereby restated that Applied
DNA Sciences did not exercise its right to renew.

 

By this Temporary Lease Extension,
Applied DNA Sciences acknowledges that, in accordance with the terms of the Lease, any right to renew has expired, no right to
renew exists, and this extension does not confer or provide any such right.

 

Any and all other rights that may have existed by way
of the previous lease have additionally since expired.

 

	/s/ James A. Hayward, PhD	 	Date:	August 12 2019
	Jim Hayward, PhD	 	 	 
	Chairman, President and CEO 	 	 	 
	Applied DNA Sciences Inc	 	 	 
	50 Health Sciences Drive	 	 	 
	Stony Brook, NY 11790	 	 	 

 

	/s/ Matthew Stadler	 	Date:	August 9th 2019
	Matthew Stadler, PhD	 	 	 
	Executive Director and COO	 	 	 
	Long Island High Technology Incubator, Inc	 	 	 
	25 Health Sciences Drive	 	 	 
	Stony Brook, NY 11790	 	 	 

 

 

	LIHTI.org	 25 Health Sciences Drive, Stony Brook, NY 11790 	(631) 444 - 8800Exhibit 10.4

 

Amendment to
Leases

dated the 14th
of June, 2013 and

the 1st
of November, 2015

by and between

Long Island
High Technology Incubator, Inc., as Landlord,

and Applied
DNA Sciences, Inc., as Tenant.

 

This
Amendment to Leases (the "Amendment") made as of the 4th of November 2019, by and between Long Island High Technology
Incubator, Inc., a nonprofit education corporation existing under the laws of the State of New York having its principal place
of business located at 25 Health Sciences Drive, Stony Brook NY 11790 (the "Landlord") and Applied DNA Sciences, Inc.,
having its principal place of business located at 25 Health Sciences Drive, Stony Brook, NY 11790 (the "Tenant");

 

WITNESSETH:

 

WHEREAS
Landlord and Tenant entered into a certain Lease Agreement (the "Original Lease") dated the 14th of June,
2013 to lease approximately 30,000 rentable square feet of space within and forming a part of the building known as 50 Health Sciences
Drive, Stony Brook NY (the "Original Demised Premises"); and

 

WHEREAS
Landlord and Tenant entered into a certain Lease Agreement (the "Second Lease"; collectively, along with the Original
Lease, the "Lease") dated November 1, 2015 to lease approximately 1,500 rentable square feet of space designated
as Suites 103 and 112 within and forming a part of the building known as 25 Health Sciences Drive, Stony Brook NY (the "Additional
Demised Premises"; collectively, along with the Original Demised Premises, the "Demised Premises"); and

 

WHEREAS the Second Lease
had been extended; and

 

WHEREAS
the parties wish to amend the Lease, clarify the parties' rights and obligations set forth in the Lease and modify the terms of
the Lease;

 

NOW
THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable consideration, the receipt and
sufficiency of which are acknowledged, notwithstanding anything to the contrary contained in the Lease, the parties hereinafter
agree as follows:

 

		1.	The expiration of the Lease shall be modified to expire on January 15, 2020. Tenant acknowledges
and agrees that Landlord has given Tenant no assurances of Tenant's right to remain at the Demised Premises past January 15,
2020.

 

		2.	Commencing November 1, 2019, Tenant's Monthly Base Rent shall be forty four hundred sixty five and 26/100 dollars ($40,465.26) per month for the Original Demised Premises, calculated per the Original Lease using the Consumer Price Index - New York - Newark - Jersey City, NY - NJ - PA (1982-84 - 100) for Urban Wage Earners and Clerical Workers - (CPI-W), and four thousand five hundred ($4,500) per month for the Additional Demised Premises, calculated at $36 per square foot per year- an aggregate rental amount of forty four thousand nine hundred sixty five and 26/100 dollars ($44,965.26) per month.

 

    	 	Page 1 of 3	 

     

    

 

		3.	Additionally, Tenant shall continue to pay its utility costs for the Original Demised Premises.

 

		4.	Tenant acknowledges and agrees that that it does not have a right of first refusal to lease the
Demised Premises nor does Tenant have any options to renew the Lease.

 

		5.	Tenant agrees that Landlord should make the various repairs at the Demised Premises and/or in the
buildings that house the Demised Premises (the "Repairs"). Tenant acknowledges that such repairs would otherwise be Tenant's
responsibility and accordingly, Tenant authorizes and consents to Landlord's use of Tenant's Security Deposit for the cost of making
the Repairs.

 

		6.	Tenant's Security Deposit shall be adjusted to an amount equal to two (2) months' Total Rent,
which is eighty nine thousand nine hundred thirty and 51/100 dollars ($89,930.51). Currently Landlord is holding a Security Deposit
in the amount of fifty eight thousand seven hundred fifty and 00/100 dollars ($58,750). Additionally, Landlord intends to use a
portion of Security Deposit to make the Repairs. Tenant shall pay the balance owed for the Security Deposit, currently thirty one
thousand one hundred eight and 51/100 dollars ($31,180.51), in monthly installments as determined, but not to exceed twelve thousand
four hundred seventy two and 21/100 dollars ($12,472.21) per month during period of this Amendment, in Landlord's discretion.

 

		7.	Landlord shall reimburse Tenant for the documented, direct costs incurred by Tenant during
                                                           the period between 01/01/2017 - 12/31/18 due to basement flooding within thirty (30) days of
                                                           receiving reasonable and appropriate backup supporting such costs.

 

		8.	Notwithstanding anything to the contrary in this Amendment, all other terms and conditions of the
Lease, shall remain in full force and effect and shall apply equally to the Additional Space. All terms and conditions of the Lease
and any amendments shall be construed in accordance with same.

 

[signature
page to follow]

 

    	 	Page 2 of 3	 

     

    

 

IN WITNESS WHEREOF, the
parties have respectively signed and sealed this Amendment to the Leases as of the day and year first above written.

 

	WITNESS	 	Long Island High Technology Incubator, Inc.
	 	 	 
	/s/ Mary Walton 	 	/s/ Matthew Stadler
	Mary Walton 	 	Matthew Stadler
	Secretary of the Board	 	Executive Director

 

	
        WITNESS

         
	 	Applied
    DNA Sciences, Inc.
	 	 	 
	/s/ Beth Jantzen
	By: Beth Jantzen
	Title: CFO

 

    	 	Page 3 of 3Exhibit 10.5

 

Amendment to Leases

dated the 14th of June, 2013 and

the 1st of November, 2015

by and between

Long Island High Technology Incubator, Inc., as Landlord,

and Applied DNA Sciences, Inc., as Tenant.

 

This Amendment to Leases
(the "Amendment") made as of the 17th of January 2020, by and between Long Island High Technology Incubator, Inc.,
a nonprofit education corporation existing under the laws of the State of New York having its principal place of business located
at 50 Health Sciences Drive, Stony Brook NY 11790 (the "Landlord") and Applied DNA Sciences, Inc., having its principal
place of business located at 50 Health Sciences Drive, Stony Brook, NY 11790 (the "Tenant");

 

WITNESSETH:

 

WHEREAS Landlord and
Tenant entered into a certain Lease Agreement (the "Original Lease") dated the 14th of June, 2013 to lease
approximately 30,000 rentable square feet of space within and forming a part of the building known as 50 Health Sciences Drive,
Stony Brook NY (the "Original Demised Premises"); and

 

WHEREAS Landlord and
Tenant entered into a certain Lease Agreement (the "Second Lease"; collectively, along with the Original Lease, the "Lease")
dated November 1, 2015 to lease approximately 1,500 rentable square feet of space designated as Suites 103 and 112 within
and forming a part of the building known as 25 Health Sciences Drive, Stony Brook NY (the "Additional Demised Premises";
collectively, along with the Original Demised Premises, the "Demised Premises"); and

 

WHEREAS the Second Lease had been extended; and

 

WHEREAS the parties
entered into an additional Lease Amendment on November 4, 2019 whereby, among other things, the expiration date of the Lease
was modified to January 15, 2020; and

 

WHEREAS the parties wish to extend, amend
and modify the terms of the Lease;

 

NOW THEREFORE, in consideration
of the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are acknowledged,
notwithstanding anything to the contrary contained in the Lease, the parties hereinafter agree as follows:

 

	1.	The expiration of the Lease shall be modified to expire on January 15, 2021.

 

	2.	Tenant shall have the option to extend the term of the Lease for one additional year by providing
Landlord with written notice no less than three (3) months prior to the expiration of the Lease, TIME BEING OF THE ESSENCE,
but only provided:

 

    Page 1 of 3

     

    

 

		a.	Tenant is current with all costs of occupancy, including all rents, additional rent, utilities
and additional security deposits.

 

		b.	At the time Tenant exercises its option to extend, Tenant provides Landlord with documentation
that, in Landlord's reasonable judgment, demonstrates Tenant's financial means to honor the obligations of the Lease; and

 

		c.	Tenant has not filed for bankruptcy or receivership prior to commencement of the extension period.

 

		d.	Tenant has not committed any defaults under the Lease.

 

		3.	Tenant shall lease an additional 700 square feet of space located in Suite 120 in addition
to its current Demises Premises (the "Additional Space"). Tenant shall pay two thousand one hundred and 00/100 dollars
($2,100.00) per month for the Additional Space and make an additional security deposit in the amount of four thousand, two hundred
and 00/100 dollars ($4,200).

 

		4.	All other rents, additional rents, utility payments and security deposits shall remain at their
current amount.

 

		5.	Notwithstanding anything to the contrary in this or any other amendment, all other terms and conditions
of the Original Lease shall be deemed to govern the Lease and shall remain in full force and effect. All terms and conditions of
the Lease and any amendments shall be construed in accordance with same.

 

[signature page to follow]

 

    Page 2 of 3

     

    

 

IN WITNESS WHEREOF, the parties
have respectively signed and sealed this Amendment to the Leases as of the day and year first above written.

 

	WITNESS	 	Long lsland High Technology
                                         Incubator, Inc.
	 	 	 
	 	 	/s/ Matthew Stadler
	Mary Walton	 	Matthew Stadler
	Secretary of the Board	 	Executive Director
	 	 	January, 17, 2020
	 	 	 
	 	 	 
	WITNESS	 	Applied DNA Sciences, Inc.
	 	 	 
	 	 	/s/ Beth Jantzen
	 	 	Beth Jantzen
	 	 	CFO
	 	 	Date:	1/20/2020                         

 

 

    Page 3 of 3

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