Document:

EX-10.34

 Exhibit 10.34 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 This Separation Agreement
and General Release (this “Agreement”) is made and entered into by and between Matthew Cohen (“Cohen”) and Clinical Micro Sensors, Inc. d.b.a. GenMark Diagnostics, Inc., a Delaware corporation (the “Company”), and
inures to the benefit of each of the Company’s current, former and future parents, subsidiaries, related entities, employee benefit plans and each of their respective fiduciaries, predecessors, successors, officers, directors, stockholders,
agents, attorneys, employees and assigns. 
 RECITALS 

In consideration for this agreement, Cohen will resign from his position as SVP, General Counsel & Corporate Secretary and
Cohen’s employment with the Company will terminate effective July 31, 2012 (“Separation Date”). 
 Cohen
wishes to confirm his separation from the Company pursuant to the terms and to enter into a general release with the Company, on the terms and conditions set forth herein. 
 Cohen and the Company wish permanently to resolve any and all disputes that may have arisen between them to date, including but not limited to, any disputes arising out of the cessation of Cohen’s
service to the Company as an officer and employee. 
 AGREEMENT 

THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, it is hereby agreed by and between Cohen, on the one hand, and the Company, on the other, as follows: 
 1. Resignation. Cohen hereby irrevocably resigns (i) as an officer of the Company, and (ii) as an employee of the Company, effective as of the Separation Date.

 2. Wages, Vacation Time, Expenses. The Company will pay Cohen all of his earned wages and
accrued and unused vacation through the Separation Date (less federal and state withholding and other applicable taxes) and reimburse all business expenses validly incurred by him through the Separation Date. 

3. Consideration. Contingent upon this Agreement becoming effective as provided in Section 24 of this Agreement (the
“Effective Date”), and provided that Cohen remains in compliance with the terms set forth in this Agreement, the Company shall pay Cohen, as W-2 income, a salary continuation benefit of $120,000, less applicable withholding and other
applicable taxes, $60,000 of which the Company shall pay within three (3) business days of the Effective Date and $60,000 of which the Company shall pay in six (6) semi-monthly increments of $10,000 (the payment of such semi-monthly increments
commencing on the first Company payroll date following the Effective Date), less all applicable withholding and other applicable taxes, in accordance with the Company’s standard payroll practices. The Company shall also pay a one-time
Separation Payment in the amount of $25,000, less applicable withholding and other applicable taxes, payable within three (3) business days of the Effective Date. Cohen agrees to make himself reasonably available for transition support during the
three (3) month period following the Effective Date, at the request of the Company. If Cohen incurs any out-of-pocket expense in connection with providing such transition support the Company will promptly reimburse Cohen for such expense upon
receiving reasonably acceptable supporting documents. 

  
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 4. Health Insurance. Cohen acknowledges and agrees that he shall be
fully responsible for making the necessary premium payments in order to continue his participation in the Company’s group health insurance plan pursuant to the terms of the Consolidated Omnibus Budget Reconciliation Act (“COBRA”)
following the termination of his employment. The Company agrees to reimburse Cohen for premium payments made in order to continue his group health insurance for a maximum period of six (6) months following the Effective Date; provided, however,
that the Company’s obligation to make any payment pursuant to this Section 4 shall terminate in the event that Cohen has commenced employment with, and/or is provided health insurance by a third party. Nothing herein shall be deemed to
permit Cohen to continue participating in any equity compensation plan, cash bonus plan, life insurance, long-term disability benefits, or accidental death and dismemberment plans maintained by the Company after the date of his separation of
employment from the Company. Nothing herein shall limit the right of the Company to change the provider and/or the terms of its group health insurance plans at any time hereafter. 

5. General Release by Cohen. In consideration of the mutual promises and covenants contained herein, Cohen for
himself, his spouse, heirs, executors, administrators, assigns and successors, fully and forever releases and discharges the Company and each of its current, former and future parents, subsidiaries, related entities, employee benefit plans and each
of their respective fiduciaries, predecessors, successors, officers, directors, stockholders, attorneys, agents, employees and assigns (collectively, the “Company Releasees”), with respect to any and all claims, liabilities and causes of
action, of every nature, kind and description, in law, equity or otherwise, whether known or unknown, suspected or unsuspected, which have arisen, occurred or existed at any time prior to the Effective Date of this Agreement, including, without
limitation, any and all claims, liabilities and causes of action arising out of or relating to Cohen’s equity ownership in the Company, Cohen’s employment with the Company or the cessation of that employment or Cohen’s service as an
officer of the Company or the cessation of that service; provided, however, that nothing herein shall release the Company Releasees from any obligations, representations, warranties or other duties under this Agreement or impair the right or ability
of Cohen or any of the Cohen Releasees to enforce the terms thereof. 
 6. Knowing Waiver of Employment Related
Claims. Except as expressly set forth in this agreement, Cohen understands and agrees that he is waiving any and all rights he may have against any of the Company Releasees and to all remedies available to him under any employment-related
causes of action, including without limitation, claims of wrongful discharge, breach of contract, breach of the covenant of good faith and fair dealing, fraud, violation of public policy, defamation, discrimination, retaliation, harassment, personal
injury, physical injury, emotional distress, claims for attorneys’ fees claims under Title VII of the Civil Rights Act of 1964, as amended, the Age Discrimination in Employment Act, the Americans With Disabilities Act, the Federal
Rehabilitation Act, the Family and Medical Leave Act, the California Fair Employment and Housing Act, the California Family Rights Act, the Equal Pay Act of 1963, the provisions of the California Labor Code and any other federal, state or local laws
and regulations relating to employment or the conditions of employment. Notwithstanding the foregoing, this release shall not apply to any claims by Cohen for workers’ compensation benefits, unemployment insurance benefits, any challenge to the
validity of Cohen’s release of claims under the Age Discrimination in Employment Act of 1967, as amended, as set forth in this Agreement or any other claims that he cannot lawfully 

  
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waive by this Agreement. This release does not waive or release any rights or claims that Cohen may have under the Age Discrimination in Employment Act that arise after the execution of this
Agreement. This release shall also not affect or diminish any contractual or statutory rights that Cohen has to indemnification for acts or omissions within the course and scope of his employment with the Company, nor shall it affect or diminish
Cohen’s rights to coverage under any applicable insurance policies held by the Company or its officers and directors, nor shall it waive or release Cohen’s right to any compensation or benefit the right to which has already vested in him
as of the Effective Date. 
 7. Waiver of Civil Code § 1542. The parties both agree to waive
any and all rights and benefits conferred upon each of them by Section 1542 of the Civil Code of the State of California, which states as follows: 
 “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have
materially affected his or her settlement with the debtor.” 
 Cohen expressly agrees and understands that the release given by him
pursuant to this Agreement applies to all unknown, unsuspected and unanticipated claims, liabilities and causes of action which Cohen may have against the Company or any of the other Company Releasees. 

8. Severability of Release Provisions. The parties agree that if any provision of the release given by Cohen or the
Company, respectively, under this Agreement is found to be unenforceable, it will not affect the enforceability of the remaining provisions and the courts may enforce all remaining provisions to the extent permitted by law. 

9. Promise to Refrain from Suit or Administrative Action. Cohen represents that, as of the Effective Date of this
Agreement, he has not filed any lawsuits, complaints, petitions, claims or other accusatory pleadings against the Company or any Company Releasees in any court of law or before any government agency. Cohen further agrees that, to the fullest extent
permitted by law, he will not prosecute in any court, whether state or federal, any claim or demand of any type related to the matters released above, it being the intention of the parties that with the execution of this Agreement, the Company and
all Company Releasees will be absolutely, unconditionally and forever discharged of and from all obligations to or on behalf of Cohen related in any way to the matters discharged herein. Cohen waives his right to recover any type of personal relief
from the Company or any Company Releasees, including monetary damages or reinstatement, in any administrative action or proceeding brought by or before any government agency or body, whether state or federal, and whether brought by Cohen or on
Cohen’s behalf, related in any way to the matters released herein. 
 10. Confidentiality of
Agreement. Cohen promises and agrees that, unless compelled by legal process, he will not disclose to others and will keep confidential both the fact of and the terms of this Agreement, including the amounts referred to in this Agreement,
except that he may disclose this information to his spouse, immediate family members, and to his attorneys, accountants and other professional advisors to whom the disclosure is necessary to accomplish the purposes for which Cohen has consulted such
professional advisors. Cohen expressly promises and agrees that, unless compelled by legal process, he will not disclose to any present or former employees of the Company the fact or the terms of this Agreement. 

11. No Injuries. Cohen acknowledges that he has not suffered any work-related illnesses or injuries while employed
by the Company. 

  
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 12. Nondisparagement. Cohen agrees that he will not (directly or
indirectly) make any voluntary statements, written or verbal, or cause or encourage others to make any such statements that defame, disparage or in any way criticize the reputation, business practices or conduct of the Company or the Company
Releasees. Cohen further agrees that he will not (directly or indirectly) engage with the media or participate in any public relations activity involving the Company or the Company Releasees, whether through traditional media outlets, including
without limitation, newspapers, television, magazines or trade publications or through other means, including without limitation, blogs, message boards or other “underground” means. The Company shall not, and shall instruct its officers
and directors to not, make any voluntary statements, written or verbal, or cause or encourage others to make any such statements that defame, disparage or in any way criticize the reputation or conduct of Cohen. The Company further agrees that it
shall not, and that it shall instruct its officers and directors to not, (directly or indirectly) engage with the media or participate in any public relations activity involving or relating to Cohen, whether through traditional media outlets,
including without limitation, newspapers, television, magazines or trade publications or through other means, including without limitation, blogs, message boards or other “underground” means. However, nothing in this Agreement is intended
to prevent any party from making truthful statements in any legal proceeding or as otherwise required by law. 
 13.
Integrated Agreement. The parties acknowledge and agree that no promises or representations were made to them concerning the subject matter of this Agreement which do not appear written herein and that this Agreement contains the
entire agreement of the parties on the subject matter thereof and that the any offer letter or employment agreement between the parties shall be of no further force nor effect. The parties further acknowledge and agree that parol evidence shall not
be required to interpret the intent of the parties and that any agreement between the Company (or its predecessors) and Cohen that governs the use of Company confidential information shall remain in full force and effect. 

14. Voluntary Execution. The parties hereby acknowledge that they have read and understand this Agreement and that
they sign this Agreement voluntarily and without coercion. 
 15. Waiver, Amendment and Modification of Agreement;
Assignment. The parties agree that no waiver, amendment or modification of any of the terms of this Agreement shall be effective unless in writing and signed by all parties affected by the waiver, amendment or modification. No waiver of any
term, condition or default of any term of this Agreement shall be construed as a waiver of any other term, condition or default. The rights and liabilities of the parties hereto shall bind and inure to the benefit of their respective successors,
heirs, executors and administrators, as the case may be. 
 16. Representation by Counsel. Cohen
acknowledges and agrees that he has had the right and sufficient opportunity to be represented by counsel of his own choosing. Cohen further acknowledges and agrees that he is not relying on the Company or its outside legal counsel for legal advice
regarding this Agreement. The parties further acknowledge that they have entered into this Agreement voluntarily, without coercion, and based upon their own judgment and not in reliance upon any representations or promises made by the other party or
parties, other than those contained within this Agreement. The parties further agree that if any of the facts or matters upon which they now rely in making this Agreement hereafter prove to be otherwise, this Agreement will nonetheless remain in
full force and effect. 

  
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 17. California Law. The parties agree that this Agreement and its terms
shall be construed under California law, without reference to rules of conflicts of law. 
 18. Drafting.
The parties agree that this Agreement shall be construed without regard to the drafter of the same and shall be construed as though each party to this Agreement participated equally in the preparation and drafting of this Agreement. 

19. Counterparts. This Agreement may be signed in counterparts and said counterparts shall be treated as though
signed as one document. 
 20. Return of Company Property. Cohen shall return to the Company all of his
access keys and electronic passes to the Company’s premises, and all Company data, documents, files, records, computer-recorded information and all copies thereof, in whatever media, in his possession on or before the Effective Date, or sooner
upon demand by the Company therefore. Cohen specifically promises and agrees that he shall not retain copies (electronic or otherwise) of any Company data, documents, files, records or information following the Effective Date of this Agreement.

 21. Attorneys’ Fees. Each party shall be responsible for its own legal fees incurred in connection
with the entering into of this Agreement. 
 22. Period to Consider Terms of Agreement. Cohen acknowledges
that this Agreement was first presented to him on July 31, 2012, that the terms of this Agreement have been negotiated by counsel for both parties, and that he is entitled to have 21 days’ time in which to consider the Agreement. Cohen
acknowledges that he understands that he should obtain the advice and counsel from the legal representative of his choice before executing this Agreement, and that he executes this Agreement having had sufficient time within which to consider its
terms. Cohen represents that if he executes this Agreement before 21 days have elapsed, he does so voluntarily, and that he voluntarily waives any remaining consideration period. The parties both agree that any changes to this Agreement negotiated
between them after August 21,2012 shall not require a new 21-day consideration period. 
 23. Revocation of
Agreement. Cohen understands that after executing this Agreement, he has the right to revoke it within seven (7) days after his execution of it. Cohen understands that this Agreement will not become effective and enforceable unless the
seven day revocation period passes and Cohen does not revoke the Agreement in writing. Cohen understands that this Agreement may not be revoked after the seven day revocation period has passed. Cohen understands that any revocation of this Agreement
must be made in writing and delivered to the Company (to the attention of the Company’s Chief Executive Officer) within the seven day period, and that if he does so revoke the Agreement the terms of this Agreement shall be of no force or
effect. 
 24. Effective Date. This Agreement shall become effective on the eighth (8th) day after
execution by Cohen, so long as Cohen has not revoked it within the time and in the manner specified in Section 23 of this Agreement. 
 25. Injunctive Relief; Consent to Jurisdiction. The parties acknowledge and agree that damages may not be an adequate remedy in the event of a breach of any of obligations to the
other party under this Agreement. Each party therefore agrees that the other party shall be entitled (without limitation of any other rights or remedies otherwise available to it) to obtain 

  
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an injunction from any court of competent jurisdiction prohibiting the continuance or recurrence of any breach of this Agreement. Each party hereby submits to the jurisdiction and venue in the
federal district court for the Southern District of California and in the courts of the State of California in San Diego County, California. Cohen further agrees that service upon him in any such action or proceeding may be made by first class mail,
certified or registered, to Cohen’s address as last appearing on the records of the Company or a subsequent address provided to Company by Cohen. 
 26. Notice. Any notices provided hereunder must be in writing and such notices or any other written communication shall be deemed effective: (i) upon personal delivery to the
party to be notified; (ii) when sent by confirmed telex or facsimile if sent during normal business hours of the recipient or, if not sent during normal business hours, then on the next business day; (iii) three days after having been sent
by registered or certified mail, return receipt requested, postage prepaid; or (iv) one day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. If notice is to be
provided to the Company, Cohen shall use the Company’s primary office location; and if notice is to be provided to Cohen, the Company shall use Cohen’s address as listed in the Company’s payroll records. Any payments made by the
Company to Cohen under the terms of this Agreement shall be delivered to Cohen either in person or at the address as listed in the Company’s payroll records. 
 27. Arbitration. Any dispute or claim arising out of or in connection with this Agreement will be finally settled by binding arbitration in San Diego, California in accordance with
the then-current employment rules of the American Arbitration Association by one (1) arbitrator appointed in accordance with said rules. The arbitrator shall apply California law, without reference to rules of conflicts of law or rules of
statutory arbitration, to the resolution of any dispute. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. Notwithstanding the foregoing, the parties may apply to any court of competent
jurisdiction for preliminary or interim equitable relief, or to compel arbitration in accordance with this paragraph, without breach of this arbitration provision. 
 28. Survival. All Sections set forth herein shall survive termination or expiration of this Agreement. 

  
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 THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH
AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES HAVE VOLUNTARILY EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW. 
  

					
	COMPANY:	  	GENMARK DIAGNOSTICS, INC.
			
		  	By:	  	 /s/ Jennifer Williams

		  		  	Jennifer Williams
		  		  	Senior Vice President, Global Operations & Human Resources

					
			
		  	Dated:	  	8/21/12

					
			
	COHEN:	  	By:	  	 /s/ Matthew Cohen

		  		  	Matthew Cohen

					
			
		  	Dated:	  	 Aug 20, 2012

		
		  	Received 8/21/12

 [SIGNATURE PAGE TO SEPARATION AGREEMENT] 

  
 7EX-10.35

 Exhibit 10.35 
 THIRD AMENDMENT TO LEASE 
 [THE CAMPUS CARLSBAD] 

THIS THIRD AMENDMENT TO LEASE (“Third Amendment”) is made and entered into as of the 28th day of August, 2012 (“Effective Date”), by and
between THE CAMPUS CARLSBAD, LLC, a Delaware limited liability company (“Landlord”) and CLINICAL MICRO SENSORS, INC., a Delaware corporation dba “GENMARK DIAGNOSTICS, INC.” (“Tenant”). Landlord and Tenant
are sometimes hereinafter collectively referred to as the “Parties” or, individually, a “Party.” 
 R E C I T A L S : 
 A. Landlord and Tenant
(formerly dba “Osmetech Molecular Diagnostics”) entered into that certain Lease - The Campus dated as of February 8, 2010 (the “Original Lease”), whereby Landlord leased to Tenant and Tenant leased from
Landlord certain space located in that certain building located and addressed at 5964 La Place Court, Carlsbad, California (the “Building”). 
 B. The Original Lease was subsequently amended by that certain Settlement and Release Agreement and First Amendment to Lease dated July 1, 2010, by and between Landlord and Tenant (“First
Amendment”), with Tenant erroneously named therein as “GenMark Diagnostics, Inc., a Delaware corporation” (i.e., Tenant’s dba name, rather than Tenant’s legal name) and by that certain Settlement and
Release Agreement and Second Amendment to Lease dated January 19, 2012, by and between Landlord and Tenant (“Second Amendment”). The Original Lease, as amended by the First Amendment, Second Amendment and this Third
Amendment, may be referred to herein as the “Lease.” 
 C. By this Third Amendment, the Parties now desire to:
(i) revise the Estimated Date of Substantial Completion of Landlord’s Work (as such terms are defined in Section 1.2 of the Work Letter attached to the Second Amendment as Exhibit “B” (the “Expansion
Space Work Letter”)), (ii) modify the Expanded Premises Commencement Date as originally set forth in Section 2(d) of the Second Amendment, (iii) clarify and further extend the Lease Term for the entire Premises (i.e.,
the Existing Premises as expanded by the Expansion Space); (iv) confirm the expiration date of the Temporary Warehouse License as originally set forth in Section 11(b) of the Second Amendment, (v) confirm the L/C Increase Date as set
forth in Section 12 of the Second Amendment for the purpose of triggering Tenant’s obligations to: (a) increase the Increased Stated Amount of the Letter of Credit as set forth in Section 12 of the Second Amendment and
(b) pay to Landlord the Second Additional Security Deposit as set forth in Section 13 of the Second Amendment, (vi) modify (and reduce) the scope of the Stairs & Skylights work required to be constructed as part of the Tenant
Improvements as originally set forth in Section 1.3.3 of the Expansion Space Work Letter by eliminating one (1) each of the two (2) required stairs to the mezzanine and associated skylights (together with all other work associated
with the same as described in the T.I. Plans and Specifications as a bid alternate) and consequently, to also provide for a reduction in the amount of the Tenant Improvement Allowance payable by Landlord pursuant to Section 3.1 of the Expansion
Space Work Letter by an amount equal to the costs that would have otherwise been incurred on behalf of Tenant in connection with the design and construction of such stairs and skylight, (vii) confirm that prior to the date of this Third
Amendment, Landlord and Tenant have approved the T.I. Plans and Specifications as defined in Section 1.3.8 of the Expansion Space Work Letter and (viii) otherwise modify the Lease as provided herein. 

D. Unless otherwise defined herein, capitalized terms as used herein shall have the same meanings as given thereto in the Original Lease
as modified by the First Amendment and Second Amendment. 

 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 
 A G R E E M E N T: 
 1. Amendments to
Basic Lease Information. Effective as of the Effective Date, the Summary of Basic Lease Information of the Original Lease (the “Original Summary”), as previously modified by Section 2 of the Second Amendment is hereby
further modified as follows to reflect the terms of this Third Amendment. 
 (a) Section 9 of the Original Summary is
hereby further modified as follows: 
 “9. Term (Article 2). 

 

			
		
	9.1 Lease Term:	  	 Approximately eleven (11) years.

		
	9.2 Lease Commencement Date:	  	 July 15, 2010 respecting the Existing Premises.

		
	9.3 Expanded Premises Commencement Date:	  	The earlier of the date: (i) upon which Tenant commences operations in all or any portion the Expansion Space following the Warehouse Expiration Date as set forth in Section 11(b)
of the Second Amendment (and modified by Section 5 of this Third Amendment below) and (ii) that is the later of: (a) Substantial Completion of the Expansion Space Tenant Improvements (as defined in Section 4.3 of the Expansion Space Work Letter and
modified by Section 8(a) of this Third Amendment below) in the Expansion Space (as defined in Clause (a) of Section 2 of the Second Amendment) and (b) January 1, 2013.
		
	9.4 Lease Expiration Date:”	  	June 30, 2021.

 (b) Section 10 of the Original Summary is hereby further modified as follows: 

“10. Base Rent (Article 3). 
  

													
	 Months of Lease Term
	  	Annual Base Rent	 	 	Monthly
Installment 
of
Base Rent	 	 	Monthly 
Rental
Rate
per Square Foot	 
	 July 2010 – June 2011

	  	$	541,105.20	* 	 	$	45,092.10	** 	 	$	1.45	* 
	 July 2011 – June 2012

	  	$	556,032.24	‡ 	 	$	46,336.02	‡ 	 	$	1.49	‡ 
	 July 2012 – The Day Immediately
	  	 	N/A.	  	 	$	47,890.92	*‡† 	 	$	1.54	*‡† 
	 Preceding The Expanded Premises
	  				 				 			
	 Commencement Date

†
	  				 				 			
	 Expanded Premises
	  	 	N/A.	  	 	$	82,154,38	† 	 	$	1.54	† 
	 Commencement Date – June 2013†
	  				 				 			
	 July 2013 – June 2014
	  	$	1,011,450.10	  	 	$	84,288.26	  	 	$	1.58	  
	 July 2014 – June 2015
	  	$	1,043,467.30	  	 	$	86,955.61	  	 	$	1.63	  
	 July 2015 – June 2016
	  	$	1,075,475.50	  	 	$	89,622.96	  	 	$	1.68	  
	 July 2016 – June 2017
	  	$	1,107,483.70	  	 	$	92,290.31	  	 	$	1.73	  
	 July 2017 – June 2018
	  	$	1,139,491.90	  	 	$	94,957.66	  	 	$	1.78	  
	 July 2018 – June 2019
	  	$	1,171,500.10	  	 	$	97,625.01	  	 	$	1.83	  
	 July 2019 – June 2020
	  	$	1,209,909.90	  	 	$	100,825.83	  	 	$	1.89	  
	 July 2020 – June 2021
	  	$	1,248,319.80	  	 	$	104,026.65	  	 	$	1.95	  

  

	

	Reflects the Base Rent attributable to the Existing Premises only. 

	*	Subject to abatement as set forth in Section 3.2 of the Original Lease with respect to the Existing Premises only. 

	‡	Does not include Tenant’s obligation to pay the Monthly Warehouse License Fee payable for the period beginning November 1, 2011 and expiring on the Warehouse
Expiration Date (i.e., August 31, 2012), as set forth in Section 11(b) of the Second Amendment and modified by Section 6 of this Third Amendment below. 

	†	 Subject to proration in accordance with Section 3.1 of the Original Lease for any partial calendar month if the Expanded Premises Commencement
Date is not the first (1st) day of a calendar
month).” 

  
 Page 2 of 6

 (c) Section 12 of the Original Summary is hereby further modified as follows:

 “12. Cash Security Deposit (Section 21.1). 

 

					
	 Prior to Effective Date of the Second Amendment:
	  	$	55,354.44.	  
		
	 As of the Effective Date of this Third Amendment:
	  	$	77,320.10	  
		
	 As of the L/C Increase Date (as defined in Section 12 of the Second Amendment and modified by Section 7 of this Third
Amendment below):
	  	$	104,026.65	  
		
	 Letter of Credit Stated Amount (Section 21.2).
	  			
		
	 Initial Stated Amount:
	  	$	500,000.00	  
		
	Increased Stated Amount (per Section 12 of the Second Amendment as modified by Section 7 of this Third Amendment below but subject to Tenant’s right to reduce the
Increased Stated Amount pursuant to the terms and conditions of Section 21.2 of the Original Lease in connection with Tenant achieving a Material Credit Event):	  	$	857,819.76”	  

 (d) Section 15 of the Original Summary is hereby modified as follows: 

 

	 	“15.	Tenant Improvement Allowance. 

(Section 3.1 of Exhibit “C” to Original Lease (with respect to the Initial Improvements constructed pursuant to
the terms and conditions of the Original Lease, as previously modified by the First Amendment only); and Section 3.1 of Exhibit “B” to the Second Amendment [with respect to the Expansion Space Tenant Improvements to be
constructed pursuant to the terms and conditions of the Second Amendment (as further amended by this Third Amendment) only]) 
  

			
		
	15.1 Initial Tenant Improvements:	  	Up to One Million Eight Hundred Ninety- Eight Thousand Eight Hundred Forty-Three and 80/100 Dollars ($1,898,843.80) (calculated based upon $61.06 per square foot within the Existing
Premises only), subject to the terms and conditions of Section 3.1 of the Tenant Work Letter attached to the Original Lease as Exhibit “C”.
		
	15.2 Expansion Space Tenant Improvements:	  	Up to One Million Three Hundred Fifty-Eighth Thousand and 94/100 Dollars ($1,358,523.94) (calculated based upon $61.06 per square foot within the Expansion Space as of the Expanded
Premises Commencement Date), subject to the terms and conditions of Section 3.1 of the Expansion Space Work Letter and which such amount will be reduced by an amount equal to the cost savings estimated to be realized as a result of the “Reduced
Stairs & Skylight Scope of Work” (as defined in Section 8(b) of this Third Amendment below), as set forth in the Estimated Construction Cost Notice as a bid alternate.”

  
 Page 3 of 6

 2. Tenant’s Right to Deliver Tenant’s Ready to Commence Construction
Notice. Notwithstanding anything to the contrary contained in the Second Amendment (with specific reference to Section 1.3.3 of the Expansion Space Work Letter), Tenant hereby agrees and acknowledges that Tenant shall have no further right
to deliver to Landlord Tenant’s Ready to Commence Construction Notice and accordingly, there shall be no further acceleration of any dates described in the Second Amendment (and as such dates may be modified pursuant to the express terms and
conditions of this Third Amendment) as a result of delivery of Tenant’s Ready to Commence Construction Notice. 
 3.
Landlord’s Mezzanine Work. The reference in Section 6 of the Second Amendment to “July 1, 2013” is hereby deleted and replaced with “December 1, 2012.” 

4. Extended Term of the Lease. The Lease Term for Tenant’s lease of the entire Premises (i.e., the Existing Premises
as expanded by the Expansion Space), including that portion of the Lease Term following the Expanded Premises Commencement Date is hereby extended to expire on the Lease Expiration Date (as the definition thereof in Section 9 of the Original
Summary is modified by Clause (a) of Section 1 of this Third Amendment above). Tenant’s option to further extend the Lease Term pursuant to Section 2.2 of the Original Lease shall be limited to the entire Premises (i.e.,
the Existing Premises as expanded by the Expansion Space), and may not be exercised by Tenant with respect to the Existing Premises only or the Expansion Space only. 

5. Base Rent. Commencing as of the Expanded Premises Commencement Date and continuing throughout the Lease
Term as extended pursuant to the definition of Lease Expiration Date set forth in Section 9.4 of the Original Summary, as modified in Clause (a) of Section 1 of this Third Amendment above, Tenant shall pay, in accordance with the
provisions of this Section 5, Base Rent for the entire Premises (i.e., the Existing Premises as expanded by the Expansion Space) as follows: (a) prior to the Expanded Premises Commencement Date, Tenant shall pay to Landlord the
monthly installments of Base Rent attributable to the Existing Premises, at the applicable rate set forth in Section 10 of the Original Summary (as modified by Clause (b) of Section 1 of this Third Amendment above) and
(b) commencing on the Expanded Space Commencement Date, and continuing thereafter until the Lease Expiration Date set forth in Clause (a) of Section 1 of this Third Amendment above, Tenant shall pay the monthly installments of Base
Rent in the amounts set forth in Section 10 of the Original Summary as modified by Clause (b) of Section 1 of this Third Amendment above (with any partial month of Base Rent for the Existing Premises and the Existing Premises as
expanded by the Expansion Space for the calendar month in which the Expanded Premises Commencement Date occurs to be prorated, if at all, in accordance with Section 3.1 of the Original Lease). Tenant’s abatement of Base Rent for months 29
and 30 of the initial Lease Term of the Lease (as set forth in Section 9 of the Original Summary and without regard to the Second Amendment or this Third Amendment) shall apply to Base Rent payable for the Existing Premises only during such
months, regardless of whether the Expanded Premises Commencement Date occurs prior to the 29th month of the Lease Term (as set forth in Section 9 of the Original Summary and without regard to the Second Amendment or this Third Amendment). Landlord and tenant hereby agree that the rent
abatement contained in Section 3.2 of the Original Lease shall not apply to the Expansion Space, and that the amortization of abated rent shall not be modified by the extension of the Lease Term pursuant to this Third Amendment. 

6. Warehouse Expiration Date. The term “Warehouse Expiration Date” as originally set forth in Section 11(b)
of the Second Amendment is hereby modified to mean August 31, 2012. 
 7. Letter of Credit/Increased Security
Deposit. The term “L/C Increase Date” as originally set forth in Section 12 of the Second Amendment and for the purpose of determining Tenant’s obligations pursuant to Section 12 and Section 13 of the Second
Amendment is hereby modified to mean “August 31, 2012”. 
 8. Modifications to Expansion Space Work Letter.

 a. Estimated Date of Substantial Completion. The references in Section 6 of the Second Amendment and Sections
1.2, 1.6, and 4.3 of the Expansion Space Work Letter to “July 1, 2013” are hereby deleted and replaced with “December 1, 2012.” 

  
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 b. Stairs & Skylights. Notwithstanding anything to the contrary contained in
the Second Amendment (with specific reference to Section 1.3.3 of the Expansion Space Work Letter), the term “Stairs & Skylights” is hereby modified such that the Tenant Improvements must include one (1) set of
stairs to the mezzanine located in the Expansion Space and one (1) of skylight over such stairs (together with all other work associated with the same as described in the T.I. Plans and Specifications as a bid alternate) instead of two
(2) sets of stairs to the mezzanine located in the Expansion Space and two (2) skylights over such stairs together with all other work associated with the same. For purposes of this Third Amendment, the elimination of (1) of skylight
over such stairs (together with all other work associated with the same as described in the T.I. Plans and Specifications as a bid alternate) instead of two (2) sets of stairs to the mezzanine located in the Expansion Space and two
(2) skylights over such stairs together with all other work associated with the same may be referred to herein as the “Reduced Stairs & Skylight Scope of Work.” Landlord and Tenant hereby further agree, stipulate and
acknowledge that as set forth in Section 8(d) below, the amount of the Tenant Improvement Allowance payable by Landlord in connection with the Expansion Space Tenant Improvements as set forth in Section 15 of the Original Summary, as
modified in Clause (d) of Section 1 of this Third Amendment above, will been reduced by an amount equal to the cost savings estimated to be realized as a result of the “Reduced Stairs & Skylight Scope of Work” (as
defined in Section 8(b) of this Third Amendment below), as set forth in the Estimated Construction Cost Notice as a bid alternate. 
 c. T.I. Plans and Specifications. Notwithstanding anything to the contrary contained in the Second Amendment, Landlord and Tenant hereby agree that as of the Effective Date of this Third Amendment,
Landlord and Tenant have approved (as noted) each and all of the T.I. Plans and Specifications as set forth in that certain
1st Submittal Set dated August 3, 2012 and submitted
to the City of Carlsbad prior to the Effective Date and accordingly, Landlord may seek to obtain the necessary building permits and approvals for the approved T.I. Plans and specifications as set forth in Section 1.4 of the Expansion Space Work
Letter. 
 d. Tenant Improvement Allowance. Notwithstanding the foregoing, the amount of the Tenant Improvement Allowance
payable by Landlord pursuant to Section 3.1 of the Expansion Space Work Letter (as such amount is stated in Clause (d) of Section 1 of this Third Amendment above and in Section 3.1 of the Expansion Space Work Letter) will be
reduced by an amount equal to the cost savings estimated to be realized as a result of the “Reduced Stairs & Skylight Scope of Work” (as defined in Section 8(b) of this Third Amendment below), as set forth in the Estimated
Construction Cost Notice as a bid alternate. In furtherance of the foregoing, at Landlord’s election, Tenant and Landlord shall promptly execute an amendment to the Lease or other writing in order to memorialize any adjustment in Tenant
Improvement Allowance as provided in this Section 8(d). 
 e. Obtaining Estimated Construction Cost. The reference
in Section 3.3.3 of the Expansion Space Work Letter to “three (3) business days following Landlord’s and Tenant approval (or deemed approval) of the T.I. Construction Drawings” is hereby deleted and replaced with “ten
(10) business days following Landlord’s and Tenant’s mutual execution and delivery of the Third Amendment.” 

f. Tenant’s Representative. The reference in Section 9 of the Expansion Space Work Letter to “Paul Ross” is
hereby deleted and replaced with “Tom Dunn.” Landlord and Tenant hereby agree that Tenant may change its representative under the Expansion Space Work Letter at any time by providing at least five (5) days prior written notice to
Landlord. 
 g. Other Modifications. The first (1st) grammatical sentence of Section 5.3 of the Expansion
Space Work Letter is hereby deleted in its entirety and shall be of no further force or effect. 
 9. Counterparts and
Fax/Email/Electronic Signatures. This Third Amendment may be executed in counterparts, each of which shall be deemed an original, but such counterparts, when taken together, shall constitute one agreement. This Third Amendment may be executed by
a party’s signature transmitted by facsimile (“fax”) or email or by a Party’s electronic signature, and copies of this Third Amendment executed and delivered by means of faxed or emailed copies of signatures or originals
of this Third Amendment executed by electronic signature shall have the same force and effect as copies hereof executed and delivered with original wet signatures. Both Parties hereto may rely upon faxed, emailed or electronic 

  
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signatures as if such signatures were original wet signatures. Each Party executing and delivering this Third Amendment by fax or email shall promptly thereafter deliver a counterpart signature
page of this Third Amendment containing said Party’s original signature. The Parties hereto agree that a faxed or emailed signature page or an electronic signature may be introduced into evidence in any proceeding arising out of or related to
this Third Amendment as if it were an original wet signature page. 
 10. No Further Modification. Except as set forth in
this Third Amendment, all of the terms and provisions of the Lease shall continue to apply and shall remain unmodified and in full force and effect. Effective as of the date hereof, all references to the “Lease” shall refer to the Lease as
amended by this Third Amendment. 
 IN WITNESS WHEREOF, this Third Amendment has been executed as of the day and year first
above written. 
  

							
	“Landlord:”
	
	 THE CAMPUS CARLSBAD, LLC,
 a Delaware limited liability company

		
	By:	 	NEWPORT NATIONAL/THE CAMPUS CARLSBAD, LLC, a California limited liability
		 	Its: Managing Member
			
		 	By:	 	 Newport National Corporation,
 a California corporation,
 Its Manager

				
		 		 	By:	 	 /s/ Scott R. Brusseau

		 		 		 	Scott R. Brusseau, President
		
		 	“Tenant:”
		
		 	 CLINICAL MICRO SENSORS, INC.,
 a Delaware corporation dba GENMARK DIAGNOSTICS

			
		 	*By:	 	 /s/ Richard B. Slansky

		 	Name:	 	 RICHARD B. SLANSKY

		 	Title:	 	 CFO

  

	*	NOTE: 

 Because Tenant is a corporation
incorporated in a state other than California, Tenant shall deliver to Landlord a certified copy of a corporate resolution in a form reasonably acceptable to Landlord authorizing the signatory(ies) to execute this Third Amendment to Lease.

  
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