Document:

EX-10.13

 EXHIBIT 10.13 
  

LEASE 
 BETWEEN 

DISCOVERY BUSINESS CENTER LLC 

AND 
 TARSUS
PHARMACEUTICALS, INC. 

 LEASE 

(Short Form) 

THIS LEASE is made as of May 28, 2020, by and between DISCOVERY BUSINESS CENTER LLC, a Delaware limited liability
company, hereafter called “Landlord,” and TARSUS PHARMACEUTICALS, INC., a Delaware corporation, hereafter called “Tenant.” 

ARTICLE 1. BASIC LEASE PROVISIONS 

Each reference in this Lease to the “Basic Lease Provisions” shall mean and refer to the following collective
terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease. 
  

	1.	 Tenant’s Trade Name: N/A 

 

	2.	 Premises: 

Suite
No.:                    160 (The Premises are more particularly described in Section 2.1.) 

Address of Building: 15440 Laguna Canyon Road, Irvine, CA 92618 

Project Description:  Discovery Park (as shown on Exhibit Y to this Lease) 

 

	3.	 Use of Premises: General office and laboratory and for no other use. 

 

	4.	 Estimated Commencement Date: 8 weeks following the date of this Lease. 

 

	5.	 Lease Term: The Term of this Lease shall expire on January 31, 2024. 

 

	6.	 Basic Rent: 

  

					
	Months of Term or Period	  	Monthly Rate Per Rentable Square Foot	  	Monthly Basic Rent
	1 to 12	  	$2.38	  	$13,313.72
	13 to 24	  	$2.48	  	$13,873.12
	25 to 36	  	$2.58	  	$14,432.52
	37 to 1/31/24	  	$2.68	  	$14,991.92

 Notwithstanding the above schedule of Basic Rent to the contrary, as long as Tenant is not in
Default (as defined in Section 14.1) under this Lease, Tenant shall be entitled to an abatement of 3 full calendar months of Basic Rent in the aggregate amount of $39,941.16 (i.e. $13,313.72 per month) (the “Abated Basic Rent”)
for the first 2 full calendar months of the Term (the “Abatement Period”). In the event this Lease is terminated by Landlord as a result of an uncured Default by Tenant occurring at any time during the Term, the unamortized portion
of the Abated Rent (based upon the full Abated Rent being amortized on a straight-line basis over the initial 43-month Term) shall be immediately due and payable to Landlord, but only to the extent Landlord is
not otherwise “made whole” for such portion of the unamortized Abated Rent through its recovery of leasehold damages in general. The payment by Tenant of the Abated Basic Rent in the event of a Default shall not limit or affect any
of Landlord’s other rights, pursuant to this Lease or at law or in equity. Only Basic Rent shall be abated during the Abatement Period and all other additional rent and other costs and charges specified in this Lease shall remain due and
payable pursuant to the provisions of this Lease. 

  
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	7.	 Expense Recovery Period: Every twelve month period during the Term (or portion thereof during the
first and last Lease years) ending June 30. 

  

	8.	 Floor Area of Premises: approximately 5,594 rentable square feet 

Floor Area of Building: approximately 62,814 rentable square feet 

 

	9.	 Security Deposit: $44,796.75 

 

	10.	 Broker(s): Irvine Management Company (“Landlord’s Broker”) is the agent of
Landlord exclusively and CBRE (“Tenant’s Broker”) is the agent of Tenant exclusively. 

  

	11.	 Parking: 22 parking spaces in accordance with the provisions set forth in Exhibit F to this
Lease. 

  

	12.	 Address for Payments and Notices: 

 

			
	 LANDLORD
	  	 TENANT

		
	 Payment Registration Address:
	  	
		
	 Email tenantportal@irvinecompany.com to request an account for the Tenant Payment Portal.
	  	 TARSUS PHARMACEUTICALS, INC. 
15440 Laguna Canyon Road, Suite 160 
Irvine, CA 92618

		
	 Notice Address:
	  	
		
	 THE IRVINE COMPANY LLC

550 Newport Center Drive
 Newport
Beach, CA 92660
 Attn: Senior Vice President, Operations Office Properties
	  	

 LIST OF LEASE EXHIBITS (All exhibits, riders and addenda attached to this Lease are
hereby incorporated into and made a part of this Lease): 
  

			
	 Exhibit A
	  	 Description of Premises

	 Exhibit B
	  	 Operating Expenses

	 Exhibit C
	  	 Utilities and Services

	 Exhibit D
	  	 Tenant’s Insurance

	 Exhibit E
	  	 Rules and Regulations

	 Exhibit F
	  	 Parking

	 Exhibit G
	  	 Additional Provisions

	 Exhibit H
	  	 Landlord’s Disclosures

	 Exhibit J
	  	 Survey Form

	 Exhibit X
	  	 Work Letter

	 Exhibit Y
	  	 Project Description

  
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 ARTICLE 2. . PREMISES 

2.1    LEASED PREMISES. Landlord leases to Tenant and Tenant leases from Landlord the
Premises shown in Exhibit A (the “Premises”), containing approximately the floor area set forth in Item 8 of the Basic Lease Provisions (the “Floor Area”). The Premises are located in the
building identified in Item 2 of the Basic Lease Provisions (the “Building”), which is a portion of the project described in Item 2 (the “Project”). Landlord and Tenant stipulate and agree that the Floor Area of
Premises set forth in Item 8 of the Basic Lease Provisions is correct. 
 2.2    ACCEPTANCE OF
PREMISES. Tenant acknowledges that neither Landlord nor any representative of Landlord has made any representation or warranty with respect to the Premises, the Building or the Project or the suitability or fitness of either for any purpose,
except as set forth in this Lease. Tenant acknowledges that the flooring materials which may be installed within portions of the Premises located on the ground floor of the Building may be limited by the moisture content of the Building slab and
underlying soils. The taking of possession or use of the Premises by Tenant for any purpose other than construction shall conclusively establish that the Premises and the Building were in satisfactory condition and in conformity with the provisions
of this Lease in all respects. Nothing contained in this Section 2.2 shall affect the commencement of the Term or the obligation of Tenant to pay rent. 

2.3    GOOD WORKING ORDER WARRANTY. Landlord warrants to Tenant that the fire sprinkler
system, lighting, heating, ventilation and air conditioning systems and electrical systems serving the Premises shall be in good operating condition as of the day the Premises are delivered to Tenant. Provided that Tenant shall notify Landlord of a non- compliance with the foregoing warranty not later than 60 days following the day the Premises are delivered to Tenant, then Landlord shall, except as otherwise provided in this Lease, promptly after receipt of
written notice from Tenant setting forth the nature and extent of such non-compliance, rectify same at Landlord’s sole cost and expense (and not as a Project Cost). 

ARTICLE 3. TERM 

3.1    GENERAL. The term of this Lease (“Term”) shall be for the period
shown in Item 5 of the Basic Lease Provisions. The Term shall commence (“Commencement Date”) on the earlier of (a) the date the Premises are deemed “ready for occupancy” (as hereinafter defined) and possession
thereof is delivered to Tenant, or (b) the date Tenant commences its regular business activities within the Premises. Promptly following request by Landlord, the parties shall memorialize on a form provided by Landlord (the
“Commencement Memorandum”) the actual Commencement Date and the expiration date (“Expiration Date”) of this Lease; should Tenant fail to execute and return the Commencement Memorandum to Landlord within 10 business
days (or provide specific written objections thereto within that period), then Landlord’s determination of the Commencement and Expiration Dates as set forth in the Commencement Memorandum shall be conclusive. The Premises shall be deemed
“ready for occupancy” when Landlord, to the extent applicable, (i) has substantially completed all the work required to be completed by Landlord pursuant to the Work Letter (if any) attached to this Lease but for minor punch
list matters, and (ii) has obtained the requisite governmental approvals for Tenant’s occupancy in connection with such work. 

3.2    DELAY IN POSSESSION. If Landlord, for any reason whatsoever, cannot deliver
possession of the Premises to Tenant on or before the Estimated Commencement Date set forth in Item 4 of the Basic Lease Provisions, this Lease shall not be void or voidable nor shall Landlord be liable to Tenant for any resulting loss or damage.
However, Tenant shall not be liable for any rent until the Commencement Date occurs as provided in Section 3.1 above, except that if Landlord’s failure to 

  
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substantially complete all work required of Landlord pursuant to Section 3.1(i) above is attributable to any Tenant Delay described in the Work Letter attached to this Lease, then the
Premises shall be deemed ready for occupancy, and Landlord shall be entitled to full performance by Tenant (including the payment of rent), as of the date Landlord would have been able to substantially complete such work and deliver the Premises to
Tenant but for the Tenant Delay(s). Notwithstanding the foregoing, Landlord shall not tender possession of the Premises to Tenant during any period in which Tenant (i) is prevented from occupying the Premises by or in connection with any
“shelter in place” or similar order issued by any federal, state, or local governmental agency in connection with the COVID-19 pandemic, or (ii) is advised by official recommendation
issued by any public health agency in connection with the COVID-19 pandemic that it not occupy the Premises for its regular business activities. 

ARTICLE 4. RENT AND OPERATING EXPENSES 

4.1    BASIC RENT. From and after the Commencement Date, Tenant shall pay to Landlord
without deduction or offset a Basic Rent for the Premises in the total amount shown (including subsequent adjustments, if any) in Item 6 of the Basic Lease Provisions (the “Basic Rent”). If the Commencement Date is other than the
first day of a calendar month, any rental adjustment shown in Item 6 shall be deemed to occur on the first day of the next calendar month following the specified monthly anniversary of the Commencement Date. The Basic Rent shall be due and payable
in advance commencing on the Commencement Date and continuing thereafter on the first day of each successive calendar month of the Term, as prorated for any partial month. No demand, notice or invoice shall be required. An installment in the amount
of 1 full month’s Basic Rent at the initial rate specified in Item 6 of the Basic Lease Provisions, and 1 month’s estimated Tenant’s Share of Operating Expenses shall be delivered to Landlord concurrently with Tenant’s execution
of this Lease. 
 4.2    OPERATING EXPENSES. Tenant shall pay Tenant’s Share of
Operating Expenses in accordance with Exhibit B of this Lease. 

4.3    SECURITY DEPOSIT. Concurrently with Tenant’s delivery of this Lease, Tenant
shall deposit with Landlord the sum, if any, stated in Item 9 of the Basic Lease Provisions (the “Security Deposit”), to be held by Landlord as security for the full and faithful performance of Tenant’s obligations under this
Lease, to pay any rental sums, including without limitation such additional rent as may be owing under any provision hereof, and to maintain the Premises as required by this Lease. Upon any Default by Tenant, Landlord may apply all or part of the
Security Deposit as full or partial compensation. If any portion of the Security Deposit is so applied, Tenant shall within 5 days after written demand by Landlord deposit cash with Landlord in an amount sufficient to restore the Security Deposit to
its original amount. Landlord shall not be required to keep the Security Deposit separate from its general funds, and Tenant shall not be entitled to interest on the Security Deposit. In no event may Tenant utilize all or any portion of the Security
Deposit as a payment toward any rental sum due under this Lease. Any unapplied balance of the Security Deposit shall be returned to Tenant or, at Landlord’s option, to the last assignee of Tenant’s interest in this Lease within 30 days
following the termination of this Lease and Tenant’s vacation of the Premises. Tenant hereby waives the provisions of Section 1950.7 of the California Civil Code, or any similar or successor laws now or hereafter in effect. Notwithstanding
the foregoing, provided Tenant has not been in Default hereunder, Landlord shall reduce the Security Deposit, and credit such reduction against the Basic Rent due hereunder, in the amounts of $13,873.12 and $14,432.52 as of the first day of the 24th
and 36th Lease months, respectively. 
 ARTICLE 5. USES 

5.1    USE. Tenant shall use the Premises only for the purposes stated in Item 3 of the
Basic Lease Provisions and for no other use whatsoever. Tenant shall not do or permit anything to be done in or 

  
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about the Premises which will in any way interfere with the rights or quiet enjoyment of other occupants of the Building or the Project, or use or allow the Premises to be used for any unlawful
purpose, nor shall Tenant permit any nuisance in the Premises or the Project. Tenant shall comply at its expense with all present and future laws, ordinances and requirements of all governmental authorities that pertain to Tenant or its use of the
Premises, and with all reasonable energy usage reporting requirements of Landlord. Pursuant to California Civil Code § 1938, Landlord hereby states that the Premises have not undergone inspection by a Certified Access Specialist (CASp) (defined
in California Civil Code § 55.52(a)(3)). Pursuant to Section 1938 of the California Civil Code, Landlord hereby provides the following notification to Tenant: “A Certified Access Specialist (CASp) can inspect the subject premises
and determine whether the subject premises comply with all of the applicable construction-related accessibility standards under state law. Although state law does not require a CASp inspection of the subject premises, the commercial property
owner or lessor may not prohibit the lessee or tenant from obtaining a CASp inspection of the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree
on the arrangements for the time and manner of the CASp inspection, the payment of the fee for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction related accessibility standards within the
premises.” 
 Landlord shall correct, repair and/or replace any
non-compliance of the Building and/or the Common Areas with all building permits and codes in effect and applicable as of the Commencement Date, including without limitation, the provisions of Title III of the
Americans With Disabilities Act (“ADA”). Said costs of compliance shall be Landlord’s sole cost and expense and shall not be part of Project Costs. Landlord shall correct, repair or replace any non-compliance of the Building and the Common Areas with any revisions or amendments to applicable building codes, including the ADA, becoming effective after the execution of this Lease, provided that the amortized
cost of such repairs or replacements (amortized over the useful life thereof) shall be included as Project Costs payable by Tenant. All other ADA compliance issues which pertain to the Premises, including without limitation, in connection with
Tenant’s construction of any Alterations or other improvements in the Premises (and any resulting ADA compliance requirements in the Common Areas if Landlord shall consent to same as more particularly provided in Section 7.3 of this Lease)
and the operation of Tenant’s business and employment practices in the Premises, shall be the responsibility of Tenant at its sole cost and expense. The repairs, corrections or replacements required of Landlord or of Tenant under the foregoing
provisions of this Section 5.1 shall be made promptly following notice of non-compliance from any applicable governmental agency. 

5.2    SIGNS. As soon as possible following the Commencement Date, but not later than
December 31, 2020, Landlord shall affix and maintain a sign (restricted solely to Tenant’s name/logo as set forth herein or such other name as Landlord may consent to in writing) adjacent to the entry door of the Premises, together with a
listing for Tenant’s name as set forth herein in the lobby directory of the Building. Tenant shall not place or allow to be placed any other sign, decoration or advertising matter of any kind that is visible from the exterior of the Premises.

 5.3     HAZARDOUS MATERIALS. 

(a)    For purposes of this Lease, the term “Hazardous Materials” means (i) any
“hazardous material” as defined in Section 25501(n) of the California Health and Safety Code, (ii) hydrocarbons, polychlorinated biphenyls or asbestos, (iii) any toxic or hazardous materials, substances, wastes or
materials as defined pursuant to any other applicable state, federal or local law or regulation, and (iv) any other substance or matter which may result in liability to any person or entity as a result of such person’s possession, use,
storage, release or distribution of such substance or matter under any statutory or common law theory. 

  
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 (b)    Tenant shall not cause or permit any Hazardous
Materials to be brought upon, stored, used, generated, released or disposed of on, under, from or about the Premises (including without limitation the soil and groundwater thereunder) without the prior written consent of Landlord, which consent may
be given or withheld in Landlord’s sole and absolute discretion. Notwithstanding the foregoing, Tenant shall have the right, without obtaining prior written consent of Landlord, to utilize within the Premises a reasonable quantity of standard
office products that may contain Hazardous Materials (such as photocopy toner, “White Out”, and the like), provided however, that (i) Tenant shall maintain such products in their original retail packaging, shall
follow all instructions on such packaging with respect to the storage, use and disposal of such products, and shall otherwise comply with all applicable laws with respect to such products, and (ii) all of the other terms and provisions of this
Section 5.3 shall apply with respect to Tenant’s storage, use and disposal of all such products; and to utilize within the Premises those Hazardous Materials in kind and content listed on the Survey Form delivered to Landlord prior to the
execution of this Lease, provided that Tenant shall comply with all applicable laws with respect to such Hazardous Materials and all of the other terms and provisions of this Section 5.3 shall apply with respect to Tenant’s storage,
use and disposal of such Hazardous Materials. Landlord may, in its sole and absolute discretion, place such conditions as Landlord deems appropriate with respect to Tenant’s use, storage and/or disposal of any Hazardous Materials requiring
Landlord’s consent. Tenant understands that Landlord may utilize an environmental consultant to assist in determining conditions of approval in connection with the storage, use, release, and/or disposal of Hazardous Materials by Tenant on or
about the Premises, and/or to conduct periodic inspections of the storage, generation, use, release and/or disposal of such Hazardous Materials by Tenant on and from the Premises, and Tenant agrees that any costs incurred by Landlord in connection
therewith shall be reimbursed by Tenant to Landlord as additional rent hereunder upon demand. 

(c)    Prior to the execution of this Lease, Tenant shall complete, execute and deliver to Landlord a
Hazardous Material Survey Form (the “Survey Form”) in the form of Exhibit J attached hereto. The completed Survey Form shall be deemed incorporated into this Lease for all purposes, and Landlord shall be
entitled to rely fully on the information contained therein. On each anniversary of the Commencement Date until the expiration or sooner termination of this Lease, Tenant shall disclose to Landlord in writing the names and amounts of all Hazardous
Materials which were stored, generated, used, released and/or disposed of on, under or about the Premises for the twelve-month period prior thereto, and which Tenant desires to store, generate, use, release and/or dispose of on, under or about the
Premises for the succeeding twelve-month period. In addition, to the extent Tenant is permitted to utilize Hazardous Materials upon the Premises, Tenant shall promptly provide Landlord with complete and legible copies of all the following
environmental documents relating thereto: reports filed pursuant to any self-reporting requirements; permit applications, permits, monitoring reports, emergency response or action plans, workplace exposure and community exposure warnings or notices
and all other reports, disclosures, plans or documents (even those which may be characterized as confidential) relating to water discharges, air pollution, waste generation or disposal, and underground storage tanks for Hazardous Materials; orders,
reports, notices, listings and correspondence (even those which may be considered confidential) of or concerning the release, investigation, compliance, cleanup, remedial and corrective actions, and abatement of Hazardous Materials; and all
complaints, pleadings and other legal documents filed by or against Tenant related to Tenant’s storage, generation, use, release and/or disposal of Hazardous Materials. 

(d)    Landlord and its agents shall have the right, but not the obligation, to inspect, sample and/or
monitor the Premises and/or the soil or groundwater thereunder at any time to determine whether Tenant is complying with the terms of this Section 5.3, and in connection therewith Tenant shall provide Landlord with full access to all
facilities, records and personnel related thereto. If Tenant is not in compliance with any of the provisions of this Section 5.3, or in the event of a release of any Hazardous Material on, under, from or about the Premises caused or permitted
by Tenant, its agents, employees, 

  
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contractors, licensees, subtenants or invitees, Landlord and its agents shall have the right, but not the obligation, without limitation upon any of Landlord’s other rights and remedies
under this Lease, to immediately enter upon the Premises without notice and to discharge Tenant’s obligations under this Section 5.3 at Tenant’s expense, including without limitation the taking of emergency or long-term remedial
action. Landlord and its agents shall endeavor to minimize interference with Tenant’s business in connection therewith, but shall not be liable for any such interference. In addition, Landlord, at Tenant’s expense, shall have the right,
but not the obligation, to join and participate in any legal proceedings or actions initiated in connection with any claims arising out of the storage, generation, use, release and/or disposal by Tenant or its agents, employees, contractors,
licensees, subtenants or invitees of Hazardous Materials on, under, from or about the Premises. 

(e)    If the presence of any Hazardous Materials on, under, from or about the Premises or the Project
caused or permitted by Tenant or its agents, employees, contractors, licensees, subtenants or invitees results in (i) injury to any person, (ii) injury to or any contamination of the Premises or the Project, or (iii) injury to or
contamination of any real or personal property wherever situated, Tenant, at its expense, shall promptly take all actions necessary to return the Premises and the Project and any other affected real or personal property owned by Landlord to the
condition existing prior to the introduction of such Hazardous Materials and to remedy or repair any such injury or contamination, including without limitation, any cleanup, remediation, removal, disposal, neutralization or other treatment of any
such Hazardous Materials. Notwithstanding the foregoing, Tenant shall not, without Landlord’s prior written consent, which consent may be given or withheld in Landlord’s sole and absolute discretion, take any remedial action in response to
the presence of any Hazardous Materials on, under, from or about the Premises or the Project or any other affected real or personal property owned by Landlord or enter into any similar agreement, consent, decree or other compromise with any
governmental agency with respect to any Hazardous Materials claims; provided however, Landlord’s prior written consent shall not be necessary in the event that the presence of Hazardous Materials on, under, from or about the
Premises or the Project or any other affected real or personal property owned by Landlord (i) imposes an immediate threat to the health, safety or welfare of any individual and (ii) is of such a nature that an immediate remedial response
is necessary and it is not possible to obtain Landlord’s consent before taking such action. To the fullest extent permitted by law, Tenant shall indemnify, hold harmless, protect and defend (with attorneys acceptable to Landlord) Landlord and
any successors to all or any portion of Landlord’s interest in the Premises and the Project and any other real or personal property owned by Landlord from and against any and all liabilities, losses, damages, diminution in value, judgments,
fines, demands, claims, recoveries, deficiencies, costs and expenses (including without limitation attorneys’ fees, court costs and other professional expenses), whether foreseeable or unforeseeable, arising directly or indirectly out of the
use, generation, storage, treatment, release, on- or off-site disposal or transportation of Hazardous Materials on, into, from, under or about the Premises, the Building
or the Project and any other real or personal property owned by Landlord caused or permitted by Tenant, its agents, employees, contractors, licensees, subtenants or invitees. Such indemnity obligation shall specifically include, without limitation,
the cost of any required or necessary repair, restoration, cleanup or detoxification of the Premises, the Building and the Project and any other real or personal property owned by Landlord, the preparation of any closure or other required plans,
whether such action is required or necessary during the Term or after the expiration of this Lease and any loss of rental due to the inability to lease the Premises or any portion of the Building or Project as a result of such Hazardous Materials,
the remediation thereof or any repair, restoration or cleanup related thereto. If it is at any time discovered that Tenant or its agents, employees, contractors, licensees, subtenants or invitees may have caused or permitted the release of any
Hazardous Materials on, under, from or about the Premises, the Building or the Project or any other real or personal property owned by Landlord, Tenant shall, at Landlord’s request, immediately prepare and submit to Landlord a comprehensive
plan, subject to Landlord’s approval, specifying the actions to be taken by Tenant to return the Premises, the Building or the Project or any other real or personal property owned by Landlord to the condition existing prior to the introduction
of such 

  
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Hazardous Materials. Upon Landlord’s approval of such plan, Tenant shall, at its expense, and without limitation of any rights and remedies of Landlord under this Lease or at law or in
equity, immediately implement such plan and proceed to cleanup, remediate and/or remove all such Hazardous Materials in accordance with all applicable laws and as required by such plan and this Lease. The provisions of this Section 5.3(e) shall
expressly survive the expiration or sooner termination of this Lease. 
 (f)    Landlord hereby
discloses to Tenant, and Tenant hereby acknowledges, certain facts relating to Hazardous Materials at the Project known by Landlord to exist as of the date of this Lease, as more particularly described in Exhibit H attached
hereto. Tenant shall have no liability or responsibility with respect to the Hazardous Materials facts described in Exhibit H, nor with respect to any Hazardous Materials which Tenant proves were not caused or permitted by
Tenant, its agents, employees, contractors, licensees, subtenants or invitees. Notwithstanding the preceding two sentences, Tenant agrees to notify its agents, employees, contractors, licensees, subtenants, and invitees of any exposure or potential
exposure to Hazardous Materials at the Premises that Landlord brings to Tenant’s attention. Tenant hereby acknowledges that this disclosure satisfies any obligation of Landlord to Tenant pursuant to California Health & Safety Code
Section 25359.7, or any amendment or substitute thereto or any other disclosure obligations of Landlord. 
 ARTICLE 6. LANDLORD
SERVICES 
 6.1    UTILITIES AND SERVICES. Landlord and Tenant shall be responsible to
furnish those utilities and services to the Premises to the extent provided in Exhibit C, subject to the conditions and payment obligations and standards set forth in this Lease. Landlord’s failure to furnish, or any
interruption, diminishment or termination of, services due to the application of laws, the failure of any equipment, the performance of repairs, improvements or alterations, utility interruptions or the occurrence of an event of force majeure
(defined in Section 20.7) shall not render Landlord liable to Tenant, constitute a constructive eviction of Tenant, give rise to an abatement of Rent, nor relieve Tenant from the obligation to fulfill any covenant or agreement, except that
Landlord shall diligently attempt to restore the service or utility promptly. However, if the Premises, or a material portion of the Premises, are made untenantable for a period in excess of 3 consecutive business days as a result of a service
interruption that is reasonably within the control of Landlord to correct and through no fault of Tenant and for reasons other than as contemplated in Article 11, then Tenant, as its sole remedy, shall be entitled to receive an abatement of Rent
payable hereunder during the period beginning on the 4th consecutive business day of the service interruption and ending on the day the service has been restored. 

6.2    OPERATION AND MAINTENANCE OF COMMON AREAS. During the Term, Landlord shall operate
all Common Areas within the Building and the Project. The term “Common Areas” shall mean all areas within the Building and other buildings in the Project which are not held for exclusive use by persons entitled to occupy space. 

6.3    USE OF COMMON AREAS. The occupancy by Tenant of the Premises shall include the use of
the Common Areas in common with Landlord and with all others for whose convenience and use the Common Areas may be provided by Landlord, subject, however, to compliance with Rules and Regulations described in Article 17 below. Landlord shall at all
times during the Term have exclusive control of the Common Areas, and may restrain or permit any use or occupancy. Landlord may temporarily close any portion of the Common Areas for repairs, remodeling and/or alterations, to prevent a public
dedication or the accrual of prescriptive rights, or for any other reasonable purpose. 

  
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 ARTICLE 7. REPAIRS AND MAINTENANCE 

7.1    TENANT’S MAINTENANCE AND REPAIR. Subject to Articles 11 and 12, Tenant at its
sole expense shall make all repairs necessary to keep the Premises and all improvements and fixtures therein in good condition and repair. Tenant’s maintenance obligation shall include without limitation all appliances, interior glass, doors,
door closures, hardware, fixtures, electrical, plumbing, fire extinguisher equipment and other equipment installed in the Premises, together with any supplemental HVAC equipment servicing only the Premises. Should Landlord or its management agent
agree to make a repair on behalf of Tenant and at Tenant’s request, Tenant shall promptly reimburse Landlord as additional rent for all reasonable costs incurred (including the standard supervision fee) upon submission of an invoice. 

7.2    LANDLORD’S MAINTENANCE AND REPAIR. Subject to Articles 11 and 12, Landlord shall
provide service, maintenance and repair with respect to the heating, ventilating and air conditioning (“HVAC”) equipment of the Building (exclusive of any supplemental HVAC equipment servicing only the Premises) and shall maintain
in good repair the Common Areas, roof and roof membrane, foundations, footings, the exterior surfaces of the exterior walls of the Building (including exterior glass), and the structural, electrical, mechanical and plumbing systems of the Building
(including elevators, if any, serving the Building), except to the extent provided in Section 7.1 above. Notwithstanding any provision of the California Civil Code or any similar or successor laws to the contrary, Tenant understands that it
shall not make repairs at Landlord’s expense or by rental offset. Except as provided in Section 11.1 and Article 12 below, there shall be no abatement of rent and no liability of Landlord by reason of any injury to or interference with
Tenant’s business arising from the making of any repairs, alterations or improvements to any portion of the Building, including repairs to the Premises, nor shall any related activity by Landlord constitute an actual or constructive eviction.
Tenant hereby waives any and all rights under and benefits of subsection 1 of Section 1932, and Sections 1941 and 1942 of the California Civil Code, or any similar or successor laws now or hereafter in effect. 

7.3    ALTERATIONS. Except for cosmetic alteration projects that do not exceed $20,000.00
during each calendar year and that do not affect the structural, electrical or mechanical components or systems of the Building, are not visible from the exterior of the Premises, do not change the basic floor plan of the Premises, and utilize only
Landlord’s building standard materials (which work shall require notice to Landlord but not Landlord’s consent), Tenant shall make no alterations, additions, decorations or improvements (collectively referred to as
“Alterations”) to the Premises without the prior written consent of Landlord. Landlord may impose, as a condition to its consent, any requirements that Landlord in its discretion may deem reasonable. Tenant shall use Landlord’s
designated mechanical and electrical contractors, obtain all required permits for the Alterations and shall perform the work in compliance with all applicable laws, regulations and ordinances with contractors reasonably acceptable to Landlord.
Landlord shall be entitled to a supervision fee in the amount of 5% of the cost of the Alterations. Landlord may elect to cause its architect to review Tenant’s architectural plans, and the reasonable cost of that review shall be reimbursed by
Tenant. Should the Alterations proposed by Tenant and consented to by Landlord change the floor plan of the Premises, then Tenant shall, at its expense, furnish Landlord with as-built drawings and CAD disks
compatible with Landlord’s systems. Unless Landlord otherwise agrees in writing, all Alterations affixed to the Premises, including without limitation all Tenant Improvements constructed pursuant to the Work Letter (except as otherwise provided
in the Work Letter), but excluding moveable trade fixtures and furniture, shall become the property of Landlord and shall be surrendered with the Premises at the end of the Term, except that Landlord may, by notice to Tenant given at the time of
Landlord’s approval, require Tenant to remove by the Expiration Date or sooner termination date of this Lease, all or any Alterations (including without limitation any Tenant Improvements constructed pursuant to the Work Letter) installed
either by Tenant or by Landlord at Tenant’s request (collectively, the “Required Removables”); provided, however, that notwithstanding 

  
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the foregoing, Landlord agrees that the Tenant Improvements as and to the extent set forth in the approved Plan and Cost Estimate shall not constitute Required Removables. In connection with its
removal of Required Removables, Tenant shall repair any damage to the Premises arising from that removal and shall restore the affected area to its pre-existing condition, reasonable wear and tear excepted.

 7.4    MECHANIC’S LIENS. Tenant shall keep the Premises free from any liens
arising out of any work performed, materials furnished, or obligations incurred by or for Tenant. In the event that Tenant shall not, within 15 days following the imposition of any lien, cause the lien to be released of record by payment or posting
of a proper bond in accordance with California Civil Code Section 8424 or any successor statute, Landlord shall have, in addition to all other available remedies, the right to cause the lien to be released by any means it deems proper,
including payment of or defense against the claim giving rise to the lien. All expenses so incurred by Landlord shall be reimbursed by Tenant promptly following Landlord’s demand. Tenant shall give Landlord no less than 20 days’ prior
notice in writing before commencing construction of any kind on the Premises. 
 7.5    ENTRY
AND INSPECTION. Landlord shall at all reasonable times and with reasonable prior verbal notice, except in emergencies or to provide Building services, have the right to enter the Premises to inspect them, to supply services in accordance with
this Lease, to make repairs and renovations as reasonably deemed necessary by Landlord, and to submit the Premises to prospective or actual purchasers or encumbrance holders (or, during the final twelve months of the Term or when an uncured Default
exists, to prospective tenants), all without being deemed to have caused an eviction of Tenant and without abatement of rent except as provided elsewhere in this Lease. 

ARTICLE 8. SPACE PLANNING AND SUBSTITUTION 

Landlord shall have the right, upon providing not less than 60 days prior written notice, to move Tenant to other space of
comparable size in the Building or in the Project or in other space owned by Landlord or its affiliate(s) within 3 miles of the Building. The new space shall be provided with improvements of comparable quality to those within the Premises and shall
contain similar finishes as the Premises, approximately the same rentable square footage as the Premises and approximately the same number of work stations, offices, breakrooms and reception areas as are contained in the Premises as of the date
Tenant receives Landlord’s notice of relocation. The total monthly Basic Rent for the new space shall in no event exceed the total monthly Basic Rent for the Premises prior to the relocation and Tenant’s Share for the new space shall in no
event exceed Tenant’s Share for the Premises prior to the relocation. Landlord shall pay the reasonable out-of-pocket costs to relocate and reconnect Tenant’s
personal property and equipment within the new space. Landlord shall also reimburse Tenant for such other reasonable out-of-pocket costs that Tenant may incur in
connection with the relocation. Within 10 days following request by Landlord, Tenant shall execute an amendment to this Lease prepared by Landlord to memorialize the relocation. Notwithstanding the foregoing, Landlord hereby agrees that it shall not
exercise its right to relocate Tenant hereunder during the initial 43-month Lease Term. 
 ARTICLE
9. ASSIGNMENT AND SUBLETTING 
 9.1    RIGHTS OF PARTIES. Tenant shall not, directly
or indirectly, assign, sublease, transfer or encumber any interest in this Lease or allow any third party to use any portion of the Premises (collectively or individually, a “Transfer”) without the prior written consent of Landlord,
which consent shall not be unreasonably withheld if Landlord does not exercise its recapture rights. Tenant agrees that it is not unreasonable for Landlord to withhold consent to a Transfer to a proposed assignee or subtenant who is an existing
tenant or occupant of the Building or Project or to a prospective tenant with whom Landlord or Landlord’s affiliate has been actively negotiating, except that Landlord will not enforce this 

  
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restriction if it does not have sufficient available space to accommodate the proposed transferee. Any attempted Transfer in violation of this Article shall be a Default by Tenant and shall, at
Landlord’s option, be void. Within 30 days after receipt of executed copies of the transfer documentation and such other information as Landlord may request, Landlord shall either: (a) consent to the Transfer by execution of a consent
agreement in a form reasonably designated by Landlord; (b) refuse to consent to the Transfer; or (c) recapture the portion of the Premises that Tenant is proposing to Transfer. Tenant hereby waives the provisions of
Section 1995.310(b) of the California Civil Code, or any similar or successor Laws, now or hereinafter in effect, and all other remedies that grant any right at law or equity to terminate this Lease, on its own behalf and, to the extent
permitted under all applicable laws, on behalf of the proposed transferee. In no event shall any Transfer release or relieve Tenant from any obligation under this Lease, as same may be amended. Tenant shall pay Landlord a review fee of $1,000.00 for
Landlord’s review of any requested Transfer. Tenant shall pay Landlord, as additional Rent, 50% of all rent and other consideration which Tenant receives as a result of a Transfer that is in excess of the sum of (i) the scheduled Rent
payable by Tenant hereunder (or, in the event of a subletting of only a portion of the Premises, the Rent allocable to such portion as reasonably determined by Landlord) and (ii) the direct out-of-pocket costs, as evidenced by third party invoices provided to Landlord, incurred by Tenant to effect the Transfer, which costs shall be amortized over the remaining Term of this Lease or, if shorter,
over the term of the sublease. If Tenant is in Default, Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of Tenant’s share of payments received
by Landlord. 
 9.2    PERMITTED TRANSFER. Notwithstanding the foregoing, Tenant may
assign this Lease to a successor to Tenant by merger, consolidation or the purchase of substantially all of Tenant’s assets or capital stock, or assign this Lease or sublet all or a portion of the Premises to an Affiliate (defined below),
without the consent of Landlord and without the right of Landlord to recapture, provided that all of the following conditions are satisfied (a “Permitted Transfer”): (i) Tenant is not then in Default hereunder;
(ii) Tenant gives Landlord written notice prior to such Permitted Transfer; however, if prohibited by confidentiality, then Tenant shall give Landlord written notice within 10 days after the effective date of the transfer; and (iii) the
successor entity (other than Tenant) resulting from any merger or consolidation of Tenant or the sale of all or substantially all of the assets of Tenant, has a net worth at the time of the Permitted Transfer that is at least equal to the net worth
of Tenant immediately before the Permitted Transfer. “Affiliate” shall mean an entity controlled by, controlling or under common control with Tenant. Tenant shall not be obligated to pay Landlord a review fee or any Additional Rent
or other consideration which Tenant receives as a result of a Permitted Transfer. 
 ARTICLE 10. INSURANCE AND INDEMNITY 

10.1    TENANT’S INSURANCE. Tenant, at its sole cost and expense, shall provide and
maintain in effect the insurance described in Exhibit D. Evidence of that insurance must be delivered to Landlord prior to the Commencement Date. 

10.2    TENANT’S INDEMNITY. To the fullest extent permitted by law, but subject to
Section 10.4 below, Tenant shall defend, indemnify and hold harmless Landlord and Landlord’s agents, employees, lenders, and affiliates, from and against any and all negligence, claims, liabilities, damages, costs or expenses arising
either before or after the Commencement Date which arise from or are caused by Tenant’s use or occupancy of the Premises, the Building or the Common Areas of the Project, or from the conduct of Tenant’s business, or from any activity,
work, or thing done, permitted or suffered by Tenant or Tenant’s agents, employees, subtenants, vendors, contractors, invitees or licensees in or about the Premises, the Building or the Common Areas of the Project, or from any Default in the
performance of any obligation on Tenant’s part to be performed under this Lease, or from any act, omission or negligence on the part of Tenant or Tenant’s agents, employees, subtenants, vendors, contractors, invitees

  
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or licensees. Landlord may, at its option, require Tenant to assume Landlord’s defense in any action covered by this Section 10.2 through counsel reasonably satisfactory to Landlord.
Notwithstanding the foregoing, Tenant shall not be obligated to indemnify Landlord against any liability or expense to the extent it is ultimately determined that the same was caused by the sole negligence or willful misconduct of Landlord, its
agents, contractors or employees. 
 10.3    LANDLORD’S NONLIABILITY. Unless caused
by the negligence or intentional misconduct of Landlord, its agents, employees or contractors but subject to Section 10.4 below, Landlord shall not be liable to Tenant, its employees, agents and invitees, and Tenant hereby waives all claims
against Landlord, its employees and agents for loss of or damage to any property, or any injury to any person, resulting from any condition including, but not limited to, acts or omissions (criminal or otherwise) of third parties and/or other
tenants of the Project, or their agents, employees or invitees, fire, explosion, falling plaster, steam, gas, electricity, water or rain which may leak or flow from or into any part of the Premises or from the breakage, leakage, obstruction or other
defects of the pipes, sprinklers, wires, appliances, plumbing, air conditioning, electrical works or other fixtures in the Building, whether the damage or injury results from conditions arising in the Premises or in other portions of the Building.
Notwithstanding anything to the contrary contained in this Lease, in no event shall Landlord be liable for Tenant’s loss or interruption of business or income (including without limitation, Tenant’s consequential damages, lost profits or
opportunity costs), or for interference with light or other similar intangible interests. 

10.4    WAIVER OF SUBROGATION. Landlord and Tenant each hereby waives all rights of recovery
against the other on account of loss and damage occasioned to the property of such waiving party to the extent that the waiving party is entitled to proceeds for such loss and damage under any property insurance policies carried or otherwise
required to be carried by this Lease. 
 ARTICLE 11. DAMAGE OR DESTRUCTION 

11.1    RESTORATION. 

(a)    If the Building of which the Premises are a part is damaged as the result of an event of casualty,
then subject to the provisions below, Landlord shall repair that damage as soon as reasonably possible unless Landlord reasonably determines that: (i) the Premises have been materially damaged and there is less than 1 year of the Term remaining
on the date of the casualty; (ii) any Mortgagee (defined in Section 13.1) requires that the insurance proceeds be applied to the payment of the mortgage debt; or (iii) proceeds necessary to pay the full cost of the repair are not
available from Landlord’s insurance, including without limitation earthquake insurance. Should Landlord elect not to repair the damage for one of the preceding reasons, Landlord shall so notify Tenant in the “Casualty Notice”
(as defined below), and this Lease shall terminate as of the date of delivery of that notice. 

(b)    As soon as reasonably practicable following the casualty event but not later than 60 days
thereafter, Landlord shall notify Tenant in writing (“Casualty Notice”) of Landlord’s election, if applicable, to terminate this Lease. If this Lease is not so terminated, the Casualty Notice shall set forth the anticipated
period for repairing the casualty damage. If the anticipated repair period exceeds 270 days and if the damage is so extensive as to reasonably prevent Tenant’s substantial use and enjoyment of the Premises, then either party may elect to
terminate this Lease by written notice to the other within 10 days following delivery of the Casualty Notice. In addition, Tenant shall have the right to terminate this Lease if: (a) a substantial portion of the Premises has been damaged by
casualty and such damage cannot reasonably be repaired within 60 days after Tenant’s receipt of the Casualty Notice; (b) there is less than 1 year of the Term remaining on the date of the casualty; (c) the casualty was not caused by
the negligence or willful misconduct of Tenant or its agents, employees or contractors; and (d) Tenant provides Landlord with written notice of its intent to terminate within 10 days after the date of Tenant’s receipt of the Casualty
Notice. 

  
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 (c)    In the event that neither Landlord nor Tenant
terminates this Lease pursuant to Section 11.1(b), Landlord shall repair all material damage to the Premises or the Building as soon as reasonably possible and this Lease shall continue in effect for the remainder of the Term. Upon notice from
Landlord, Tenant shall assign or endorse over to Landlord (or to any party designated by Landlord) all property insurance proceeds payable to Tenant under Tenant’s insurance with respect to any Alterations. Within 15 days of demand, Tenant
shall also pay Landlord for any additional excess costs that are determined during the performance of the repairs to such Alterations. 

(d)    From and after the date of the casualty event, the rental to be paid under this Lease shall be
abated in the same proportion that the Floor Area of the Premises that is rendered unusable by the damage from time to time bears to the total Floor Area of the Premises. 

(e)    Notwithstanding the provisions of subsections (a), (b) and (c) of this Section 11.1, but
subject to Section 10.4, Tenant shall not be entitled to rental abatement or termination rights, if the damage is due to the gross negligence or willful misconduct of Tenant or its employees, subtenants, contractors, invitees or
representatives. 
 11.2    LEASE GOVERNS. Tenant agrees that the provisions of this
Lease, including without limitation Section 11.1, shall govern any damage or destruction and shall accordingly supersede any contrary statute or rule of law. 

ARTICLE 12. EMINENT DOMAIN 

Either party may terminate this Lease if any material part of the Premises is taken or condemned for any public or
quasi-public use under Law, by eminent domain or private purchase in lieu thereof (a “Taking”). Landlord shall also have the right to terminate this Lease if there is a Taking of any portion of the Building or Project which would
have a material adverse effect on Landlord’s ability to profitably operate the remainder of the Building. The termination shall be effective as of the effective date of any order granting possession to, or vesting legal title in, the condemning
authority. All compensation awarded for a Taking shall be the property of Landlord. Tenant agrees that the provisions of this Lease shall govern any Taking and shall accordingly supersede any contrary statute or rule of law. 

ARTICLE 13. SUBORDINATION; ESTOPPEL CERTIFICATE 

13.1    SUBORDINATION. Tenant accepts this Lease subject and subordinate to any mortgage(s),
deed(s) of trust, ground lease(s) or other lien(s) now or subsequently arising upon the Premises, the Building or the Project, and to renewals, modifications, refinancings and extensions thereof (collectively referred to as a
“Mortgage”). The party having the benefit of a Mortgage shall be referred to as a “Mortgagee.” This clause shall be self-operative, but upon request from a Mortgagee, Tenant shall execute a commercially reasonable
subordination and attornment agreement in favor of the Mortgagee, provided such agreement provides a non-disturbance covenant benefitting Tenant. Alternatively, a Mortgagee shall have the right at any
time to subordinate its Mortgage to this Lease. Upon request, Tenant, without charge, shall attorn to any successor to Landlord’s interest in this Lease in the event of a foreclosure of any mortgage. Tenant agrees that any purchaser at a
foreclosure sale or lender taking title under a deed in lieu of foreclosure shall not be responsible for any act or omission of a prior landlord, shall not be subject to any offsets or defenses Tenant may have against a prior landlord, and shall not
be liable for the return of the Security Deposit not actually recovered by such purchaser nor bound by any rent paid in advance of the calendar month in which the transfer of title occurred; provided that the foregoing shall not release the
applicable prior landlord from any liability for those obligations. Tenant acknowledges that Landlord’s Mortgagees and their successors-in-interest are intended
third party beneficiaries of this Section 13.1. 

  
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 13.2    ESTOPPEL CERTIFICATE. Tenant shall,
within 10 business days after receipt of a written request from Landlord, execute and deliver a commercially reasonable estoppel certificate in favor of those parties as are reasonably requested by Landlord (including a Mortgagee or a prospective
purchaser of the Building or the Project). 
 ARTICLE 14. DEFAULTS AND REMEDIES 

14.1    TENANT’S DEFAULTS. In addition to any other event of default set forth in this
Lease, the occurrence of any one or more of the following events shall constitute a “Default” by Tenant: 

(a)    The failure by Tenant to make any payment of Rent required to be made by Tenant, as and when due,
where the failure continues for a period of 3 business days after written notice from Landlord to Tenant. The term “Rent” as used in this Lease shall be deemed to mean the Basic Rent and all other sums required to be paid by Tenant
to Landlord pursuant to the terms of this Lease. 
 (b)    Except where a specific time period is
otherwise set forth for Tenant’s performance in this Lease (in which event the failure to perform by Tenant within such time period shall be a Default), the failure or inability by Tenant to observe or perform any of the covenants or provisions
of this Lease to be observed or performed by Tenant, other than as specified in any other subsection of this Section 14.1, where the failure continues for a period of 30 days after written notice from Landlord to Tenant. However, if the nature
of the failure is such that more than 30 days are reasonably required for its cure, then Tenant shall not be deemed to be in Default if Tenant commences the cure within 30 days, and thereafter diligently pursues the cure to completion. 

The notice periods provided herein are in lieu of, and not in addition to, any notice periods provided by law, and Landlord
shall not be required to give any additional notice under California Code of Civil Procedure Section 1161, or any successor statute, in order to be entitled to commence an unlawful detainer proceeding. 

14.2    LANDLORD’S REMEDIES. 

(a)    Upon the occurrence of any Default by Tenant, then in addition to any other remedies available to
Landlord, Landlord may exercise the following remedies: 
 (i)    Landlord may terminate Tenant’s
right to possession of the Premises by any lawful means, in which case this Lease shall terminate and Tenant shall immediately surrender possession of the Premises to Landlord. Such termination shall not affect any accrued obligations of Tenant
under this Lease. Upon termination, Landlord shall have the right to reenter the Premises and remove all persons and property. Landlord shall also be entitled to recover from Tenant: 

(1)    The worth at the time of award of the unpaid Rent which had been earned at the time of
termination; 
 (2)    The worth at the time of award of the amount by which the unpaid Rent which
would have been earned after termination until the time of award exceeds the amount of such loss that Tenant proves could have been reasonably avoided; 

(3)    The worth at the time of award of the amount by which the unpaid Rent for the balance of the Term
after the time of award exceeds the amount of such loss that Tenant proves could be reasonably avoided; 

  
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 (4)    Any other amount necessary to compensate Landlord for
all the detriment proximately caused by Tenant’s failure to perform its obligations under this Lease or which in the ordinary course of things would be likely to result from Tenant’s default, including, but not limited to, the cost of
recovering possession of the Premises, commissions and other expenses of reletting, including necessary repair, renovation, improvement and alteration of the Premises for a new tenant, reasonable attorneys’ fees, and any other reasonable costs;
and 
 (5)    At Landlord’s election, all other amounts in addition to or in lieu of the foregoing
as may be permitted by law. Any sum, other than Basic Rent, shall be computed on the basis of the average monthly amount accruing during the 24 month period immediately prior to Default, except that if it becomes necessary to compute such rental
before the 24 month period has occurred, then the computation shall be on the basis of the average monthly amount during the shorter period. As used in subparagraphs (1) and (2) above, the “worth at the time of award” shall be
computed by allowing interest at the rate of 10% per annum. As used in subparagraph (3) above, the “worth at the time of award” shall be computed by discounting the amount at the discount rate of the Federal Reserve Bank of San
Francisco at the time of award plus 1%. 
 (ii)    Employ the remedy described in California Civil Code
§ 1951.4 (Landlord may continue this Lease in effect after Tenant’s breach and abandonment and recover Rent as it becomes due, if Tenant has the right to sublet or assign, subject only to reasonable limitations). 

(b)    The various rights and remedies reserved to Landlord in this Lease or otherwise shall be
cumulative and, except as otherwise provided by California law, Landlord may pursue any or all of its rights and remedies at the same time. No delay or omission of Landlord to exercise any right or remedy shall be construed as a waiver of the right
or remedy or of any breach or Default by Tenant. The acceptance by Landlord of rent shall not be a (i) waiver of any preceding breach or Default by Tenant of any provision of this Lease, other than the failure of Tenant to pay the particular
rent accepted, regardless of Landlord’s knowledge of the preceding breach or Default at the time of acceptance of rent, or (ii) a waiver of Landlord’s right to exercise any remedy available to Landlord by virtue of the breach or
Default. No payment by Tenant or receipt by Landlord of a lesser amount than the rent required by this Lease shall be deemed to be other than a partial payment on account of the earliest due stipulated rent, nor shall any endorsement or statement on
any check or letter be deemed an accord and satisfaction and Landlord shall accept the check or payment without prejudice to Landlord’s right to recover the balance of the rent or pursue any other remedy available to it. Tenant hereby waives
any right of redemption or relief from forfeiture under California Code of Civil Procedure Section 1174 or 1179, or under any successor statute, in the event this Lease is terminated by reason of any Default by Tenant. No act or thing done by
Landlord or Landlord’s agents during the Term shall be deemed an acceptance of a surrender of the Premises, and no agreement to accept a surrender shall be valid unless in writing and signed by Landlord. 

14.3    LATE PAYMENTS. Any Rent due under this Lease that is not paid to Landlord within 5
days of the date when due shall bear interest at the maximum rate permitted by law from the date due until fully paid and if any Rent due from Tenant shall not be received by Landlord or Landlord’s designee within 5 days after the date due,
then Tenant shall pay to Landlord, in addition to the interest, a late charge for each delinquent payment equal to the greater of (i) 5% of that delinquent payment or (ii) $100.00. Notwithstanding the foregoing, Landlord will not assess a late
charge or interest for the first late payment in each 12-month period unless Tenant has not cured such late payment within three (3) days from receipt of written notice from Landlord. 

  
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 14.4    DEFAULT BY LANDLORD. Landlord shall not
be deemed to be in default in the performance of any obligation under this Lease unless and until it has failed to perform the obligation within 30 days after written notice by Tenant to Landlord specifying in reasonable detail the nature and extent
of the failure; provided, however, that if the nature of Landlord’s obligation is such that more than 30 days are required for its performance, then Landlord shall not be deemed to be in default if it commences performance within
the 30 day period and thereafter diligently pursues the cure to completion. 

14.5    EXPENSES AND LEGAL FEES. Should either Landlord or Tenant bring any action in
connection with this Lease, the prevailing party shall be entitled to recover as a part of the action its reasonable attorneys’ fees, and all other reasonable costs. The prevailing party for the purpose of this paragraph shall be determined by
the trier of the facts. 
 14.6    WAIVER OF JURY TRIAL/JUDICIAL REFERENCE. 

(a)    LANDLORD AND TENANT EACH ACKNOWLEDGES THAT IT IS AWARE OF AND HAS HAD THE ADVICE OF COUNSEL OF
ITS CHOICE WITH RESPECT TO ITS RIGHT TO TRIAL BY JURY, AND EACH PARTY DOES HEREBY EXPRESSLY AND KNOWINGLY WAIVE AND RELEASE ALL SUCH RIGHTS TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER PARTY HERETO AGAINST THE OTHER
(AND/OR AGAINST ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR SUBSIDIARY OR AFFILIATED ENTITIES) ON ANY MATTERS WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS LEASE, TENANT’S USE OR OCCUPANCY OF THE PREMISES, AND/OR ANY CLAIM OF
INJURY OR DAMAGE. 
 (b)    In the event that the jury waiver provisions of Section 14.6(a)
are not enforceable under California law, then, unless otherwise agreed to by the parties, the provisions of this Section 14.6(b) shall apply. Landlord and Tenant agree that any disputes arising in connection with this Lease (including but not
limited to a determination of any and all of the issues in such dispute, whether of fact or of law) shall be resolved (and a decision shall be rendered) by way of a general reference as provided for in Part 2, Title 8, Chapter 6 (§§ 638
et. seq.) of the California Code of Civil Procedure, or any successor California statute governing resolution of disputes by a court appointed referee. Nothing within this Section 14.6 shall apply to an unlawful detainer action. 

14.7    SATISFACTION OF JUDGMENT. The obligations of Landlord do not constitute the personal
obligations of the individual partners, trustees, directors, officers, members or shareholders of Landlord or its constituent partners or members. Should Tenant recover a money judgment against Landlord, such judgment shall be satisfied only from
the interest of Landlord in the Project and out of the rent or other income from such property receivable by Landlord, and no action for any deficiency may be sought or obtained by Tenant. 

ARTICLE 15. END OF TERM 

15.1    HOLDING OVER. If Tenant holds over for any period after the Expiration Date (or
earlier termination of the Term), such tenancy shall constitute a tenancy at sufferance only and possession shall be subject to all of the terms of this Lease, except that the monthly Basic Rent shall be 150% of the monthly Basic Rent for the month
immediately preceding the date of termination. The acceptance by Landlord of monthly hold-over rental in a lesser amount shall not constitute a waiver of Landlord’s right to recover the full amount due unless otherwise agreed in writing by
Landlord. If Tenant fails to surrender the Premises upon the expiration of this Lease despite demand to do so by Landlord, Tenant 

  
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shall indemnify and hold Landlord harmless from all loss or liability, including without limitation, any claims made by any succeeding tenant relating to such failure to surrender. The foregoing
provisions of this Section 15.1 are in addition to and do not affect Landlord’s right of re-entry or any other rights of Landlord under this Lease or at law. 

15.2    SURRENDER OF PREMISES; REMOVAL OF PROPERTY. Upon the Expiration Date or upon any
earlier termination of this Lease, Tenant shall quit and surrender possession of the Premises to Landlord in as good order, condition and repair as when received or as hereafter may be improved by Landlord or Tenant, reasonable wear and tear,
casualty, and repairs which are Landlord’s obligation excepted, and shall remove or, at Tenant’s option, fund to Landlord the cost of removing all wallpapering, voice and/or data transmission cabling installed by or for Tenant and Required
Removables, together with all personal property and debris, and shall perform all work required under Section 7.3 of this Lease. If Tenant shall fail to comply with the provisions of this Section 15.2, Landlord may effect the removal
and/or make any repairs, and the cost to Landlord shall be additional rent payable by Tenant upon demand. 
 ARTICLE 16. PAYMENTS AND
NOTICES 
 All sums payable by Tenant to Landlord shall be paid, without deduction or offset, in lawful money of the
United States to Landlord at its address set forth in Item 12 of the Basic Lease Provisions, or at any other place as Landlord may designate in writing. Unless this Lease expressly provides otherwise, all payments shall be due and payable within 10
business days after demand. All payments requiring proration shall be prorated on the basis of the number of days in the pertinent calendar month or year, as applicable. Any notice, election, demand, consent, approval or other communication to be
given or other document to be delivered by either party to the other may be delivered to the other party, at the address set forth in Item 12 of the Basic Lease Provisions, by personal service or by any courier or “overnight”
express mailing service. Either party may, by written notice to the other, served in the manner provided in this Article, designate a different address. The refusal to accept delivery of a notice, or the inability to deliver the notice (whether due
to a change of address for which notice was not duly given or other good reason), shall be deemed delivery and receipt of the notice as of the date of attempted delivery. If more than one person or entity is named as Tenant under this Lease, service
of any notice upon any one of them shall be deemed as service upon all of them. 
 ARTICLE 17. RULES AND REGULATIONS 

Tenant agrees to comply with the Rules and Regulations attached as Exhibit E, and any reasonable and
nondiscriminatory amendments, modifications and/or additions as may be adopted by Landlord from time to time. 
 ARTICLE 18. BROKER’S
COMMISSION 
 The parties recognize as the broker(s) who negotiated this Lease the firm(s) whose name(s) is (are) stated
in Item 10 of the Basic Lease Provisions, and agree that Landlord shall be responsible for the payment of brokerage commissions to those broker(s) unless otherwise provided in this Lease. Tenant agrees to indemnify and hold Landlord harmless from
any cost, expense or liability (including reasonable attorneys’ fees) for any compensation, commissions or charges claimed by any other real estate broker or agent employed or claiming to represent or to have been employed by Tenant in
connection with the negotiation of this Lease. 

  
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 ARTICLE 19. TRANSFER OF LANDLORD’S INTEREST 

Landlord shall have the right to transfer and assign, in whole or in part, all of its ownership interest, rights and
obligations in the Building, Project or Lease, including the Security Deposit, and upon transfer Landlord shall be released from any further obligations hereunder, and Tenant agrees to look solely to the successor in interest of Landlord for the
performance of such obligations and the return of any Security Deposit. 
 ARTICLE 20. INTERPRETATION 

20.1    JOINT AND SEVERAL LIABILITY. If more than one person or entity is named as Tenant,
the obligations imposed upon each shall be joint and several and the act of or notice from, or notice or refund to, or the signature of, any one or more of them shall be binding on all of them with respect to the tenancy of this Lease, including,
but not limited to, any renewal, extension, termination or modification of this Lease. 

20.2    SUCCESSORS. Subject to Sections 13.1 and 22.3 and to Articles 9 and 19 of this
Lease, all rights and liabilities given to or imposed upon Landlord and Tenant shall extend to and bind their respective heirs, executors, administrators, successors and assigns. 

20.3    TIME OF ESSENCE. Time is of the essence with respect to the performance of every
provision of this Lease in which time of performance is a factor. 
 20.4    CONTROLLING
LAW. This Lease shall be governed by and interpreted in accordance with the laws of the State of California. 

20.5    SEVERABILITY. If any term or provision of this Lease, the deletion of which would
not adversely affect the receipt of any material benefit by either party or the deletion of which is consented to by the party adversely affected, shall be held invalid or unenforceable to any extent, the remainder of this Lease shall not be
affected and each term and provision of this Lease shall be valid and enforceable to the fullest extent permitted by law. 

20.6    WAIVER. One or more waivers by Landlord or Tenant of any breach of any term,
covenant or condition contained in this Lease shall not be a waiver of any subsequent breach of the same or any other term, covenant or condition. Consent to any act by one of the parties shall not be deemed to render unnecessary the obtaining of
that party’s consent to any subsequent act. No breach of this Lease shall be deemed to have been waived unless the waiver is in a writing signed by the waiving party. 

20.7    INABILITY TO PERFORM. In the event that either party shall be delayed or hindered in
or prevented from the performance of any work or in performing any act required under this Lease by reason of any cause beyond the reasonable control of that party, then the performance of the work or the doing of the act shall be excused for the
period of the delay and the time for performance shall be extended for a period equivalent to the period of the delay. The provisions of this Section 20.7 shall not operate to excuse Tenant from the prompt payment of Rent. 

20.8    ENTIRE AGREEMENT. This Lease constitutes the entire agreement between the parties
and supersedes all prior agreements and understandings related to the Premises. This Lease may be modified only by a written agreement signed by Landlord and Tenant. 

  
 18 

 20.9    QUIET ENJOYMENT. Upon the observance
and performance of all the covenants, terms and conditions on Tenant’s part to be observed and performed, and subject to the other provisions of this Lease, Tenant shall have the right of quiet enjoyment and use of the Premises for the Term
without hindrance or interruption by Landlord or any other person claiming by or through Landlord. 

20.10    SURVIVAL. All covenants of Landlord or Tenant which reasonably would be intended to
survive the expiration or sooner termination of this Lease, including without limitation any warranty or indemnity hereunder, shall so survive and continue to be binding upon and inure to the benefit of the respective parties and their successors
and assigns. 
 ARTICLE 21. EXECUTION 

21.1    COUNTERPARTS; DIGITAL SIGNATURES. This Lease may be executed in one or more
counterparts, each of which shall constitute an original and all of which shall be one and the same agreement. The parties agree to accept a digital image (including but not limited to an image in the form of a PDF, JPEG, GIF file, or other e-signature) of this Lease, if applicable, reflecting the execution of one or both of the parties, as a true and correct original. 

21.2    CORPORATE AND PARTNERSHIP AUTHORITY. Tenant and each individual executing this Lease
represents and warrants to Landlord, and agrees, that such individual executing this Lease on behalf of Tenant is authorized to do so on behalf of Tenant. 

21.3    EXECUTION OF LEASE; NO OPTION OR OFFER. The submission of this Lease to Tenant shall
be for examination purposes only, and shall not constitute an offer to or option for Tenant to lease the Premises. Execution of this Lease by Tenant and its return to Landlord shall not be binding upon Landlord, notwithstanding any time interval,
until Landlord has in fact executed and delivered this Lease to Tenant, it being intended that this Lease shall only become effective upon execution by Landlord and delivery of a fully executed counterpart to Tenant. 

21.4    BROKER DISCLOSURE. By the execution of this Lease, each of Landlord and Tenant
hereby acknowledge and confirm (a) receipt of a copy of a Disclosure Regarding Real Estate Agency Relationship conforming to the requirements of California Civil Code 2079.16, and (b) the agency relationships specified in Item 10 of the
Basic Lease Provisions, which acknowledgement and confirmation is expressly made for the benefit of Tenant’s Broker identified in Item 10 of the Basic Lease Provisions. If there is no Tenant’s Broker so identified in Item 10 of the Basic
Lease Provisions, then such acknowledgement and confirmation is expressly made for the benefit of Landlord’s Broker. By the execution of this Lease, Landlord and Tenant are executing the confirmation of the agency relationships set forth in
Item 10 of the Basic Lease Provisions. 
 ARTICLE 22. MISCELLANEOUS 

22.1    NONDISCLOSURE OF LEASE TERMS. Except to the extent disclosure is required by law,
Tenant shall keep the content of this Lease and any related documents confidential and shall not disclose such confidential information to any person or entity other than Tenant’s financial, legal and space-planning consultants,
provided, however, that Tenant may disclose the terms to prospective subtenants or assignees under this Lease or pursuant to legal requirement. 

22.2    TENANT’S FINANCIAL STATEMENTS. The application, financial statements and tax
returns, if any, submitted and certified to by Tenant as an accurate representation of its financial condition have been prepared, certified and submitted to Landlord as an inducement and consideration to Landlord to enter into this Lease. Tenant
shall during the Term furnish Landlord with current annual 

  
 19 

 
financial statements accurately reflecting Tenant’s financial condition upon written request from Landlord within 10 business days following Landlord’s request; provided,
however, that (i) unless Tenant is in Default, Landlord shall not request such statements more frequently than once during each calendar year during the Term, and (ii) so long as Tenant is a publicly traded corporation on a
nationally recognized stock exchange, the foregoing obligation to deliver the statements shall be waived. 

22.3    MORTGAGEE PROTECTION. No act or failure to act on the part of Landlord which would
otherwise entitle Tenant to be relieved of its obligations hereunder or to terminate this Lease shall result in such a release or termination unless (a) Tenant has given notice by registered or certified mail to any Mortgagee of a Mortgage
covering the Building whose address has been furnished to Tenant and (b) such Mortgagee is afforded a reasonable opportunity to cure the default by Landlord. Tenant shall comply with any written directions by any Mortgagee to pay Rent due
hereunder directly to such Mortgagee without determining whether a default exists under such Mortgagee’s Mortgage. 

22.4    SDN LIST. Tenant hereby represents and warrants that neither Tenant nor any officer,
director, employee, partner, member or other principal of Tenant (collectively, “Tenant Parties”) is listed as a Specially Designated National and Blocked Person (“SDN”) on the list of such persons and entities
issued by the U.S. Treasury Office of Foreign Assets Control (OFAC). In the event Tenant or any Tenant Party is or becomes listed as an SDN, Tenant shall be deemed in breach of this Lease and Landlord shall have the right to terminate this Lease
immediately upon written notice to Tenant. 
  

							
	 LANDLORD:
	  	 TENANT:

		
	 DISCOVERY BUSINESS CENTER LLC, a Delaware limited liability company
	  	 TARSUS PHARMACEUTICALS, INC.,a Delaware corporation

				
	 By:
	 	 /s/ Steven M. Case
	  	 By:
	 	 /s/ Bobak Azamian

		 	 Steven M. Case
	  	 Printed Name:
	 	 Bobak Azamian

		 	 Executive Vice President
	  	 Title:
	 	 CEO

		 	 Office Properties
	  		 	
				
	 By:
	 	 /s/ Holly McManus
	  	 By:
	 	 /s/ Leo M. Greenstein

		 	 Holly McManus
	  	 Printed Name:
	 	 Leo M. Greenstein

		 	 Vice President, Operations
	  	 Title:
	 	 CFO

		 	 Office Properties
	  		 	

  
 20EX-10.14

 EXHIBIT 10.14 

SUBLEASE AGREEMENT 

THIS SUBLEASE AGREEMENT (“Sublease”) is made and entered into this 29th day of May, 2020 by and between AVENT,
INC., a Delaware corporation (hereinafter “Sublessor”) and TARSUS PHARMACEUTICALS, INC., a Delaware corporation (hereinafter “Sublessee”). 
  

	1	 Master Lease. Sublessor is the tenant under that certain Lease dated August 16, 2013 as amended
by First Amendment to Lease dated May 3, 2018 (as amended, the “Master Lease”), wherein Discovery Business Center LLC, a Delaware limited liability company (hereinafter “Master Lessor”) currently leases to Sublessor
approximately 5,285 rentable square feet within the Building (as defined below). A copy of the Master Lease and any amendments thereto are attached herein as Exhibit “A” and made a part hereof. Sublessor represents and
warrants to Sublessee that the Master Lease has not been amended or modified except as expressly set forth herein, that Sublessor has no knowledge of it being in default of the Master Lease and will not do anything to be in material default or
breach of any of the provisions of the Master Lease beyond applicable notice and cure periods, and that Sublessor has no knowledge of any claim by Master Lessor that Sublessor is in default or breach of any of the provisions of the Master Lease.
Sublessor shall use commercially reasonable efforts to cause Master Lessor to perform its obligations under the Master Lease as required under the Master Lease. 

 

	2	 Premises. Sublessor hereby subleases to Sublessee, on the terms and conditions set forth in this
Sublease, approximately 5,285 rentable square feet of space in the building located at 15440 Laguna Canyon Road, Irvine, CA 92618 (the “Building”) and identified as Suite 130 on the Floor Plan attached hereto as Exhibit
“B” and made a part hereof (hereinafter “Premises”). Within thirty (30) days following delivery of the Premises to Sublessee, Sublessee, at its sole cost and expense, may cause the square footage of the Premises to
be remeasured in compliance with BOMA 2010 measurement standards and verified by Stevenson Systems. In the event that Sublessor disputes such re-measurement, Sublessor may elect to re-measure the Premises, in which event a representative appointed jointly by Sublessor and Sublessee shall at a mutually agreed date and time, within twenty (20) days following Sublessee’s receipt of
notice from Sublessor of its election to re-measure the Premises, jointly field measure the Premises to determine such exact square footage In the event such actual certified square footage shall differ from
that set forth herein, all charges and other dollar amounts under this Sublease which are based on the square footage of the Premises shall be adjusted to reflect the actual, certified square footage. 

 

	3	 Term. The term of this Sublease shall commence upon the later of (i) July 1, 2020 (the
“Anticipated Delivery Date”), (ii) Possession of the Premises (as defined below), or (iii) the consent of the Master Lessor being obtained in accordance with Section 30 of the Lease (hereinafter “Commencement Date”).
The Term shall end on January 31, 2024 (hereinafter “Termination Date”) unless otherwise sooner terminated in accordance with the provisions of this Sublease (hereinafter referred to as either the “Term”, “Lease
Term” and/or the “Term of this Lease”). Notwithstanding the foregoing, in the event Sublessor requires additional time to restore and surrender the Premises to Master Lessor in accordance with the terms of the Master Lease, Sublessor
shall be permitted to reduce the Term for up to fifteen (15) days by providing at least thirty (30) days prior written notice to Sublessee. Sublessee shall indemnify, protect and save harmless the Sublessor from and against any claims,
liabilities, damages and losses asserted against Sublessor as a result of Sublessee’s failure to vacate the Premises as required under this Sublease at the end of the Term or earlier termination of the Sublease. 

  
 1 

	4	 Commencement. 

a.        Sublessor and Sublessee shall execute the Commencement Date
Agreement attached hereto as Exhibit “C” and made a part hereof, which shall confirm the Commencement Date and Rent Commencement Date (as defined below). Possession of the Premises (hereinafter “Possession”) shall
be delivered to Sublessee in a good broom-clean swept condition and repair, free of debris, and Hazardous Materials (as defined in Section 5.3(a) of the Master Lease) brought to the Premises by or on behalf of Sublessor, provided however, the
same shall not include a reasonable quantity of standard office products that may contain Hazardous Materials (such as photocopy toner, “White Out”, and the like), and Sublessor shall warrant such condition of the Premises, including that
it is free of Hazardous Materials brought to the Premises by or on behalf of Sublessor, for 30 days following the Commencement Date. In the event Sublessor does not deliver Possession of the Premises on or before the Anticipated Delivery Date,
Sublessee shall be permitted to (a) terminate the Sublease, or (b) receive a Minimum Rent credit of one (1) day for each day after the Anticipated Delivery Date, to be applied to the first full month of Minimum Rent, until the
Sublessor delivers Possession of the Premises. Provided reasonable written notice is provided to Sublessor, Sublessee shall have access to the Premises fifteen (15) days prior to the Commencement Date for the sole purpose of installing
equipment, furniture, equipment or other personal property of Sublessee (“Early Occupancy”). Sublessee’s Early Occupancy of the Premises shall be subject to all of the terms and conditions of this Sublease, except that Sublessee shall
not be required to pay Rent (as defined below) during this period. Further, if Sublessee takes Early Occupancy of the Premises, this shall not advance the Termination Date. 

b.        Notwithstanding anything to the contrary contained herein,
if a declaration of emergency or other order associated with the Covid-19 pandemic or similar epidemic is issued by a federal, California state or local governmental agency with jurisdiction over the Premises,
Sublessee or Sublessor (collectively, a “Government Order”), and such Government Order (a) materially and substantially interferes with or substantially prohibits Sublessee’ s use of the Premises and the operation of
Sublessee’s business therein, then, the Commencement Date shall be delayed by one (1) day for each day until the earlier of (i) the termination of such Government Order, or (ii) Sublessee’s resuming use of the Premises or
operation of Sublessee’s business therein; provided, that, performance of construction activities or the installation or storage of trade fixtures and personal property shall not be deemed to be use or operation of Sublessee’s business for
this purposes, or (b) materially and substantially interferes with Sublessor’s ability to deliver the Premises in accordance with Section 4(a) above, then, the Anticipated Delivery Date shall be delayed by one (1) days for each
day until the earlier of (i) the termination of such Government Order, or (ii) Sublessee’s resuming use of the Premises or operation of Sublessee’s business therein; provided, that, performance of construction activities or the
installation or storage of trade fixtures and personal property shall not be deemed to be use or operation of Sublessee’s business for this purposes. 
  

	5	 Rent. Minimum Rent. Sublessee shall pay to Sublessor minimum rent, without deduction, setoff, notice,
or demand (except as set forth herein), according to the following schedule (“Minimum Rent”): 

  

							
		 	
Sublease Period
	 	Minimum Rent/RSF	 	Monthly Minimum Rent
		 	
Commencement Date –

Month 12*
	 	$1.75/RSF	 	$9,248.75
		 	
Month 13 – Month 24
	 	$1.80/RSF	 	$9,526.21

  
 2 

							
		 	
Sublease Period
	 	Minimum Rent/RSF	 	Monthly Minimum Rent
		 	
Month 25 – Month 36
	 	$1.86/RSF	 	$9,812.00
		 	
Month 37 – Termination Date
	 	$1.91/RSF	 	$10,106.36

 * Minimum Rent is to abate for the first four (4) full months of the Sublease Term
(“Free Rent Period”), with the first installment of Minimum Rent being due upon execution of this Sublease to be applied to the Minimum Rent due for the fifth (5th) full Sublease month (the “Rent Commencement Date”).
Notwithstanding the foregoing to the contrary, in the event the Commencement Date is a date other than the first day of the month, then Sublessee shall be required to pay Minimum Rent for the remaining number of days in the month after the
expiration of the Free Rent Period, being due on or before said date. 
 Minimum Rent shall be paid, in advance, on the
first day of each month of the Term. Sublessee shall pay to Sublessor upon execution of this Sublease (i) the sum of Nine Thousand Two Hundred Forty-Eight and 75/100 Dollars ($9,248.75) to be applied to the Minimum Rent due for the fifth (5th)
full month following the Rent Commencement Date, and (ii) Fifteen Thousand and 00/100 Dollars ($15,000.00) as consideration for the use and title of the FF&E in the Premises pursuant to Section 29(a) below. 

 

	6	 Late Charges. In the event Sublessee fails to pay Minimum Rent on or before the fifth day of the
month during the Sublease Term, a late charge equal to the greater of five percent (5%) of the monthly Minimum Rent or One Hundred Dollars ($100.00) will be due as “Additional Rent”. In addition, all amounts of Minimum Rent and Additional
Rent (collectively, “Rent”) which remain due and unpaid for more than ten (10) days after the same become due shall bear interest at a rate of one percent (1%) per month. Sublessee agrees to tender all late Rents by cashier’s
check, certified check, or money order. In the event Sublessee’s rent check is dishonored by the bank, Sublessee agrees to pay Sublessor $25.00 as a handling charge and, if applicable, the late charge, and Sublessee shall deliver said monies to
Sublessor as specified in Paragraph 5 above. Dishonored checks must be replaced by cashier’s check, certified check or money order. In the event more than one check is dishonored during the Sublease Term, Sublessee agrees to pay all future
Rents and charges in the form of cashier’s check, certified check, or money order. Any other amounts payable to Sublessor under this Sublease, with the exception of Rent, shall be considered past due thirty (30) days from Sublessor’s
billing date and Sublessee shall pay a monthly service charge of five percent (5%) of the amount past due for that and each subsequent month that the amount remains past due. The parties agree that such charges represent a fair and reasonable
estimate of the costs the Sublessor will incur by reason of such late payment and/or returned check. 

  

	7	 Security Deposit. On the date of execution of this Sublease by Sublessee, Sublessee will pay to
Sublessor, a security deposit in the amount of Ten Thousand One Hundred Seventy-Three and 63/100 Dollars ($10,173.63) (the “Security Deposit”) as security for the full and faithful performance by Sublessee of each and every term,
provision, covenant and condition of this Sublease. If Sublessee defaults beyond any notice and cure period in respect of any of the terms, provisions, covenants and conditions of this Sublease, Sublessor may, but shall not be required to, use,
apply or retain the whole or any part of the Security Deposit for the payment of any Rent in default or for any other sum which Sublessor may expend by reason of Sublessee’s default, including any damages or deficiency in the re-letting of the Premises. If Sublessor shall so use, apply or retain the whole or any part of the Security Deposit, Sublessee shall upon demand immediately deposit with Sublessor a sum equal to the amount so used,
applied or retained in 

  
 3 

	 	 
order to restore the Security Deposit to its original amount. The Security Deposit, less any amounts subtracted from the Security Deposit due to Sublessee’s default or other damage caused to
the Premises, shall be returned to Sublessee within 30 days following the expiration or sooner termination of the Sublease. 

  

	8	 Acceptance of Premises and Release of Claims. Sublessor, Broker and
Co-Broker have made no representations or promises with respect to the Premises, or this Sublease except as herein expressly set forth. The taking of Early Occupancy or Possession, whichever is sooner, of the
Premises by Sublessee shall be evidence that Sublessee accepts the Premises “as is” and that the Premises are suitable for the use intended by Sublessee and were in satisfactory condition at the time such possession was so taken. Sublessee
further acknowledges that it has had the opportunity to adequately inspect the Premises prior to the execution of this Sublease and subject to the thirty (30) day warranty period contained in Section 4(a) above, Sublessee fully releases
Sublessor, its employees, officers, directors, shareholders, representatives and agents from any and all costs, losses, liabilities, damages, expenses, demands, claims, counterclaims, actions or causes of action arising from or related to any
defects or other conditions affecting the Premises (“Claims”) that Sublessee, its employees or agents now has or may in the future have against Sublessor, regardless of whether such Claims are known or unknown, latent or patent, existing
now or in the future, and whether such Claims arise or may arise pursuant to any existing or future federal, state or local law, rule, regulation, ordinance, code, directive, or order under common law or statutory law. 

 

	9	 Use of Premises. Sublessee shall use the Premises for general office purposes and other purposes
permitted by the Master Lease only and for no other purpose. Sublessee shall be responsible to Sublessor and Master Lessor for all zoning compliance on the Premises or any claims, liabilities, damages and losses against Sublessor or Master Lessor as
a result of Sublessee’s specific use of the Premises, and agrees to and shall indemnify, protect and save harmless the Sublessor from and against any claims, liabilities, damages and losses asserted against Sublessor as a result of
Sublessee’s specific use of the Premises or any non-compliance with or violations of any zoning regulations. 

  

	10	 Compliance with Master Lease. 

a.        This Sublease and all of the covenants and agreements of
Sublessor and all rights and privileges of Sublessee are subject to (1) all of the terms and conditions of the Master Lease; (2) the performance and observance by Master Lessor of all of its obligations and agreements under the Master
Lease; and (3) all of the rights and privileges of Master Lessor and Sublessor under the Master Lease. The terms and conditions contained in the Master Lease are incorporated as terms and conditions of this Sublease, except for rent, term,
security deposit and as otherwise set forth herein. If there is a conflict between the terms of this Sublease and the Master Lease, then as between Sublessor and Sublessee, the terms of this Sublease shall control. Sublessee shall pay the Minimum
Rent directly to Sublessor, with Sublessor being responsible for paying directly to Master Lessor all Base Rent and Rent Adjustments due under the Master Lease. 

b.        Sublessee shall not commit or permit to be committed on the
Premises any act or omission that violates any term or condition of the Master Lease. 

c.        Except as otherwise provided herein, Sublessor grants to
Sublessee, for the duration of the Term of this Sublease, all of the rights and privileges granted Sublessor under the Master Lease as it relates to the Premises. Sublessor does not assume or agree to perform for Sublessee’s benefit any of the
duties or obligations of the Master Lessor under the Master Lease. 

  
 4 

 d.        Sublessee
indemnifies and agrees to hold Sublessor harmless from and against any and all claims, liabilities, damages and losses arising by reason of the breach of any covenant, agreement or obligation to be observed or performed by Sublessee under the Master
Lease or this Sublease and all costs and expenses, including reasonable attorneys’ fees, incurred on account of the same. Sublessor indemnifies and agrees to hold Sublessee harmless from and against any and all claims, liabilities, damages and
losses arising by reason of the breach of any covenant, agreement or obligation to be observed or performed by Sublessor under the Master Lease or this Sublease (which breach is not caused by Sublessee) and all costs and expenses, including
reasonable attorneys’ fees, incurred on account of the same. 

e.        On the Termination Date, this Sublease shall terminate and
the parties shall be relieved of any further liability or obligation under this Sublease, provided however, that if the Master Lease terminates as a result of a default or breach by Sublessor or Sublessee under this Sublease and/or the Master Lease,
then the defaulting party shall be liable to the nondefaulting party for the damage suffered as a result of such termination. Notwithstanding the foregoing, if the Master Lease gives Master Lessor or Sublessor any right to terminate the Master Lease
in the event of the partial or total damage, destruction, or condemnation of the Premises or the Building of which the Premises are a part, the exercise of such right by Master Lessor or Sublessor shall not constitute a default or breach hereunder.

 f.        Sublessor shall not modify, amend or terminate the
Master Lease without Sublessee’s prior written consent. 
  

	11	 Assignment and Subletting. Except for a Permitted Transfer (as defined in the Master Lease),
Sublessee shall not assign this Sublease or further sublet all or any part of the Premises without the prior written consent of Sublessor (and without the prior written consent of Master Lessor, if such is required under the terms of the Master
Lease), which Sublessor’s consent may be withheld in its reasonable discretion. 

  

	12	 Indemnity & Insurance. Sublessee agrees to and hereby does indemnify and save
Master Lessor and Sublessor harmless against all claims for damages to persons or property by reason of Sublessee’s use or occupancy of the Premises, and all expenses incurred by Master Lessor and Sublessor because thereof, including
attorney’s fees and court costs. Supplementing the foregoing and in addition thereto, Sublessee shall during the Term of this Sublease, and at Sublessee’s expense, maintain in full force and effect comprehensive general liability insurance
with the minimum amount of coverage required of “Tenant” in the Master Lease, which insurance shall contain a special endorsement recognizing and insuring any liability accruing to Sublessee under the first sentence of this Paragraph 12,
and naming Master Lessor and Sublessor as additional insureds. Sublessee shall also maintain such other insurance required to be maintained by Sublessor under the Master Lease, naming Master Lessor and Sublessor as additional insureds. Sublessee
shall provide evidence of such insurance to Sublessor prior to the Commencement Date. Sublessor and Sublessee each hereby release and relieve the other, and waive its right of recovery, for loss or damage arising out of or incident to the perils
insured against which perils occur in, on or about the Premises, whether due to the negligence of Sublessor or Sublessee or their Brokers, employees, contractors and/or invitees to the extent that such loss or damage is within the policy limits of
said comprehensive general liability insurance. Sublessor and Sublessee shall, upon obtaining the policies of insurance required, give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this
Sublease. 

  
 5 

	13	 Access to Premises. Sublessor or its agents shall have the right upon at least 24 hours’ prior
notice to enter upon the Premises at all reasonable hours for the purpose of inspecting same. 

  

	14	 Sublessee’s Personal Property. Sublessor shall not be liable for any damages to fixtures,
merchandise or other personal property or inventories of Sublessee found or located within the Premises caused by fire, theft, misappropriation, or any other cause whatsoever, whether similar or dissimilar to the foregoing. Any such personal
property placed on the Premises shall be at Sublessee’ s sole risk. 

  

	15	 Default and Remedies. 

a.        In addition to the items of Default that Sublessee is
subject to under the Master Lease, the following events shall constitute a Default of this Sublease: 

(i)        The Minimum Rent, Additional Rent or any other rent or any
part thereof is at anytime in arrears and unpaid for three (3) business days after written notice that the same is past due hereunder; 

(ii)        Sublessee has failed to keep and perform any of the other
covenants and agreements on its part to be kept and performed under this Sublease or as required by this Sublease under the Master Lease which constitute defaults under the Master Lease, and such failure has not been cured within thirty
(30) days after written notice thereof by Sublessor; provided, however, that if the nature of Sublessee’s obligation is such that more than 30 days are required for its performance, then Sublessee shall not be deemed to be in Default if it
commences performance within the 30 day period and thereafter diligently pursues the cure to completion; 

(iii)        Sublessee abandons the Premises during the Term thereof;

 b.        Upon the occurrence of any one or more of the above
events constituting a Default of this Sublease, or any other Default of the Master Lease, if the Sublessee is required by the terms of this Sublease, to observe, keep and perform said covenants under the Master Lease, Sublessor, at its option, may
do any one or more or all of the following: 
 (i)        Subject
to applicable law, declare the balance of all Rent and all amounts due hereunder immediately due and payable, and upon such declaration such accelerated Rent plus the aggregate amount of any installments of Rent and other sums then accrued and
unpaid shall be due and payable immediately; 

(ii)        Terminate this Sublease and re-enter the Premises and again have, repossess and enjoy the same with all the improvements then located thereon as if this Sublease had not been made, in which event, this Sublease and everything herein contained
on the part of the Sublessor to be kept and performed shall cease and be utterly void, without prejudice, however, to the Sublessor’s right of action for arrears of rent and breach of covenant; and/or 

(iii)        Re-let the
Premises on such terms as Sublessor may from time to time elect and apply the net proceeds toward the Sublessee’s obligations hereunder, without prejudice, however, to Sublessor’s right of action for arrears of rent and breach of covenant.

  
 6 

 c.        Sublessee shall
pay and indemnify Sublessor against all legal costs and charges, including counsel fees lawfully and reasonably incurred in obtaining possession of the Premises after a default of Sublessee or after Sublessee’s default under the Master Lease or
in surrendering possession of the Premises upon expiration or earlier termination of the term of the Sublease, or enforcing any covenant of this Sublease. 
  

	16	 Sublessor’s Right to Cure Sublessee’s Default. Sublessee shall not do or suffer or permit
anything to be done which would cause the Master Lease to be terminated, or forfeited by virtue of any rights of termination, or forfeiture reserved or vested in Lessor, or by law or in equity. If Sublessee shall default beyond any notice and cure
period in the performance of any of its obligations under this Sublease or under the Master Lease, Sublessor, without being under any obligation to do so and without thereby waiving such default, may remedy such default for the account and at the
expense of Sublessee upon prior notice. If Sublessor makes any expenditure or incurs any obligation for the payment of money in connection therewith, such sums paid or obligations incurred shall be deemed to be Additional Rent hereunder and shall be
paid to Sublessor by Sublessee on demand. 

  

	17	 Surrender of Premises. Upon the expiration or other termination of the Term, Sublessee covenants to
quit and surrender to Sublessor or Lessor, as the case may be, the Premises, broom clean, in good order and condition, ordinary wear and tear and damage by fire or other casualty excepted, and at Sublessee’s expense to remove all property of
Sublessee. Any property not so removed shall be deemed to have been abandoned by Sublessee and may be retained or disposed of at Sublessee’s expense by Sublessor or Lessor, as either may desire. 

 

	18	 Holding Over. In the event Sublessee remains in possession of the Premises after the expiration of
this Sublease, then in addition to the damages due and owing by Sublessee to Master Lessor under the Master Lease, Sublessee shall be required to pay directly to Master Lessor the Holdover Rent provided for in the Master Lease.

  

	19	 Notices. (a) Any notice by either party to the other required or permitted under this Sublease
shall be valid only if in writing and shall be deemed to be duly given only if sent by (i) registered or certified mail return receipt requested; or (ii) by pre-paid nationally recognized overnight
courier service, addressed (1) if to Sublessor, at: 

 Avent, Inc. 

Attn: General Counsel 

5404 Windward Parkway 

Alpharetta, Georgia 30004 

With a simultaneous copy to: 

Arnall Golden Gregory LLP 

Attention: Hedy S. Rubinger, Esq. 

171 17th Street, NW, Suite 2100 

Atlanta, Georgia 30363-1031 

if to Sublessee, at the address of the Premises or, if different, the address set forth herein, or at such other address for
either party as that party may designate by notice to the other; notice shall be deemed given upon the receipt thereof. 

  
 7 

	20	 Transmittal of Notice and Demands. Sublessor shall promptly transmit to the Master Lessor under the
Master Lease any notice or demand received from Sublessee and shall promptly transmit to Sublessee any notice or demand received from Master Lessor. Sublessee shall promptly transmit to Sublessor any notice or demand received from Master Lessor or
any other party relating to the Premises (other than in the ordinary course of Sublessee’s business). 

  

	21	 Entire Agreement. This Sublease contains the entire agreement of the parties hereto, and no
representations, inducements, promises or agreements, oral or otherwise, between the parties, not embodied herein, shall be of any force or effect. No subsequent alteration, amendment, change or addition to this Sublease, except as to changes or
additions to the Rules and Regulations, if any, as described in the Master Lease, shall be binding upon Sublessor or Sublessee unless reduced to writing and signed by Sublessor and Sublessee and, if required under the Master Lease, consented to in
writing by Master Lessor. 

  

	22	 Attorney’s Fees. In the event that any action or proceeding is brought to enforce any term,
covenant or condition of this Sublease on the part of the Sublessor or Sublessee, the prevailing party in such litigation shall be entitled to recover reasonable attorney’s fees actually incurred. Furthermore, Sublessor and Sublessee agree to
pay the attorney’s fees and expenses of the other party to this Sublease (either Sublessor or Sublessee) if it is made a party to litigation because of its being a party to this Sublease and when it has not engaged in any wrongful conduct
itself. 

  

	23	 Time of Essence. Time is of the essence of this Sublease. 

 

	24	 Commission. Sublessor agrees to pay to pay Catherine Giel and Sam Holmes of CBRE, Inc., representing
Sublessor (“Broker”), and Ross Bourne of CBRE, Inc., representing Sublessee (“Sublessee’s Broker”) for negotiating this Sublease, a commission as agreed to in a separate agreement. Sublessee warrants and represents that it
has had no dealings with any broker or broker(s) in connection with this Sublease, other than Sublessee’s Broker, and Sublessee covenants to pay, hold harmless and indemnify Sublessor from and against any and all cost, expense or liability for
any compensation, commissions or charges claimed by any broker or broker(s) on behalf of the Sublessee with respect to this Sublease or negotiation thereof, other than Sublessee’s Broker. 

 

	25	 Severability. The terms, conditions, covenants and provisions of this Sublease shall be deemed to be
severable. If any clause or provision herein contained shall be adjudged to be invalid or unenforceable by a court of competent jurisdiction or by operation of any applicable law, it shall not affect the validity of any other clause or provision
herein, but such other clauses or provisions shall remain in full force and effect. 

  

	26	 Agency Disclosure. Sublessor and Sublessee hereby acknowledge that Broker has acted as an agent for
Sublessee and Sublessor in this transaction and will be paid a commission by Sublessor. 

  

	27	 Section Titles. The section titles in this Sublease are included for convenience only and shall not
be taken into consideration in any construction or interpretation of this Sublease or any of its provisions. 

  

	28	 Additional Rent. Sublessee shall be obligated to pay Sublessee’s Share (as hereinafter defined)
of all Additional Rent, as required of Sublessor pursuant to the Master Lease, which Additional Rent shall include but not be limited to Sublessor’s Share of Operating Expenses (as defined in Exhibit B of the Master Lease) which includes the
payment of Property Taxes and insurance premiums (as defined in Exhibit B of the Master Lease), and all utilities provided under Exhibit C 

  
 8 

	 	 
of the Master Lease; additionally, if Sublessee is furnished any additional services by Master Lessor and same are billed to Sublessor as “Additional Rent” or otherwise, Sublessee shall
reimburse Sublessor within thirty (30) days of receipt of an invoice or statement forwarded by Sublessor for such charges. Additionally, Sublessee shall be responsible for the cost of excess electricity supplied to the Premises, and Sublessee
shall reimburse Sublessor within thirty (30) days of after receipt of an invoice or statement forwarded by Sublessor for such charges. Sublessee shall also be responsible for the cost of maintenance and repairs by the Master Lessor to the
Premises and Sublessee shall reimburse Sublessor promptly after receipt of an invoice or statement forwarded by Sublessor for such charges. “Sublessee’s Share” as used herein, shall be equivalent to Tenant’s Share (as defined in
Exhibit B of the Master Lease). Notwithstanding the foregoing, Additional Rent shall not include any (i) rent or other amounts payable under the Master Lease prior to the Early Occupancy or (ii) any rent or amounts payable and resulting
from Sublessor’s default under the Master Lease that is not caused by Sublessee, its agents, contractors, or employees or Sublessee’s default hereunder. 

 

	29	 Special Stipulations. Special Stipulations shall control if in conflict with any of the foregoing
provisions of this Sublease. 

a.        Furniture – Sublessee shall have the right to use the
existing wiring, cabling, furniture, equipment and work stations (the “FF&E”) located in the Premises, which FF&E is listed on Exhibit “D” attached hereto and made a part hereof, during the Term, and, upon
the Rent Commencement Date, free and clear title to the FF&E shall be transferred to Sublessee. 

b.        Parking – Sublessee shall have the right to eighteen
(18) parking spaces in accordance with the provisions set forth in Exhibit F of the Master Lease. 

c.        Restoration – Upon the Termination Date, Sublessee
shall deliver the Premises to Sublessor in broom-clean condition and in a condition equivalent to or better than on the Commencement Date (reasonable wear and tear and casualty excepted). Sublessee further agrees to remove all FF&E, any
Alterations performed within the Premises by Sublessee if required by Master Lessor, and other personal property within the Premises and shall be required to repair any damages caused by the removal of same. Sublessee shall indemnify, protect and
save harmless the Sublessor from and against any claims, liabilities, damages and losses asserted against Sublessor as a result of Sublessee’s removal of such items. Sublessee shall have no obligation to remove or restore any damage, cabling,
hazardous materials or improvements existing at the Premises as of the Commencement Date (except for the FF&E). 

d.        Signage – Subject to the approval of Sublessor and
Master Lessor, Sublessee shall be permitted to install Building standard suite signage in accordance with Section 5.2 of the Master Lease, at the sole cost and expense of Sublessee. Sublessor shall not unreasonably withhold, condition or delay
its consent to such signage. 
 e.        Alterations – Any
modifications, improvements, or alterations to the Premises by Subtenant shall (i) be constructed in accordance with all applicable laws and ordinances, (ii) shall require the prior written approval by Sublessor and Master Lessor, and
(iii) shall otherwise be governed by Section 7.3 of the Master Lease. Sublessor shall not unreasonably withhold, condition or delay its consent to such Alterations. 

f.        Lease Contingency – This Sublease shall be contingent
upon Sublessee executing a lease with Master Lessor on Suite 160 in the Building (the “Adjacent Premises”) until June 25, 2020. In the event Sublessee shall not have an executed lease for the Adjacent Premises on or

  
 9 

 
before June 25, 2020, Sublessee shall have the one-time right to terminate this Sublease upon written notice to Sublessor. In the event such written
notice is not delivered on or before June 25, 2020, time being of the essence, Sublessee hereby waives its rights pursuant to this Section 29(f). 
  

	30	 Consent of the Master Lessor. This Sublease shall be of no force or effect unless and until consented
to, in writing, by Master Lessor. Any such said consent by Master Lessor shall be attached hereto as Exhibit “F”. If Master Lessor does not consent to this Sublease within thirty days after the date first written above, then
Sublessee may terminate this Sublease. Sublessor shall be solely responsible to pay all costs, fees and consideration charged by Master Lessor in connection with consent to this Sublease. 

 

	31	 The following are attached hereto and made a part hereof: 

Exhibit “A” – Master Lease 

Exhibit “B” – Floor Plan 

Exhibit “C” – Commencement Date Agreement 

Exhibit “D” – List of FF&E 

Exhibit “E” – Intentionally Omitted 

Exhibit “F” – Master Lessor’s Consent Form 

  
 10 

 IN WITNESS WHEREOF, the parties have hereunto executed this Sublease as of the day and
year first above written. 
  

			
	 SUBLESSEE:

	
	 TARSUS PHARMACEUTICALS, INC., a Delaware corporation

		
	 By:
	 	 /s/ Bobby Amazian

	 Name:
	 	 Bobak Azamian

	 Its:
	 	 Chief Executive Officer

	
	 19782 MacArthur Blvd Suite 285

	 Address

	
	
                   
   

	 Phone

	
	 May 23, 2020

	 Date

  

			
	 SUBLESSOR:

	
	 AVENT, INC., a Delaware corporation

		
	 By:
	 	 /s/ David Ball

	 Name:
	 	 David Ball

	 Its:
	 	SVP, Global Supply Chain & Procurement

	
	  

	 Phone

	
	 May 29, 2020

	 Date

  
 11 

 FIRST AMENDMENT TO SUBLEASE AGREEMENT 

THIS FIRST AMENDMENT TO SUBLEASE AGREEMENT (this “Amendment”) is entered into and effective as of
July 30, 2020 (the “Effective Date”), by and between AVENT, INC., a Delaware corporation (“Sublessor”) and TARSUS PHARMACEUTICALS, INC., a Delaware corporation (“Sublessee”). 

W I T N E S S E T H THAT: 

WHEREAS, Sublessor and Sublessee are parties to that certain Sublease Agreement dated May 29, 2020 (the
“Sublease”) for certain premises consisting of approximately 5,285 rentable square feet of space in the building located at 15440 Laguna Canyon Road, Irvine, CA 92618 and identified as Suite 130 (the “Premises”);

 WHEREAS, Sublessor and Sublessee desire to amend the Sublease to confirm the Commencement Date and Rent Commencement Date
of the Sublease and to otherwise revise the terms of the Sublease as set forth herein; 
 NOW, THEREFORE, for and in
consideration of the Premises and the sum of Ten and No/100 Dollars ($10.00) and for other good and valuable considerations, the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties do hereby covenant and agree as follows:

 1.        Recitals. The recitals set forth above in this Amendment are
incorporated into the body of this Amendment and made a part hereof as if fully set forth herein. 

2.        Defined Terms. All capitalized terms utilized in this Amendment and
not expressly defined herein shall have the same meaning as ascribed to such terms in the Sublease. 

3.        Commencement. The parties hereby agree that Section 4(b) of the
Sublease is hereby deleted in its entirety and shall be replaced with the following: 

“Notwithstanding anything to the contrary contained herein, the parties hereby agree that the Rent
Commencement Date and Commencement Date shall be deemed to occur on August 15, 2020 and neither party shall be obligated to execute a Commencement Date Agreement memorializing such date.” 

4.        Conflict; No Further Modification. In the event of any conflict
between the Sublease and this Amendment, the terms and provisions of this Amendment shall prevail. Except as set forth in this Amendment, all of the terms and provisions of the Sublease shall remain unmodified and in full force and effect. 

5.        Miscellaneous. This Amendment shall be binding upon and inure to the
benefit of Sublessor, Sublessee and their respective legal representatives, successors and assigns. This Amendment may be executed in counterparts, each of which shall be deemed an original and all of which shall be deemed one and the same
instrument. Electronic signatures and/or signatures transmitted by facsimile or email shall have the same effect as an original signature. Time is of the essence. This Amendment shall be subject to, governed by, and construed pursuant to the laws of
the State of California. 
 [BALANCE OF PAGE INTENTIONALLY LEFT BLANK] 

[SIGNATURES BEGIN ON FOLLOWING PAGE 

  
 12 

 IN WITNESS WHEREOF, the parties have executed this Amendment under seal as of the
day and year first above written. 
  

			
	 SUBLESSOR:

	
	 AVENT, INC.,

	 a Delaware corporation

		
	 By:
	 	 /s/ David Ball

	 Its:
	 	 SVP, Global Supply Chain & Procurement

 [SIGNATURES CONTINUE ON THE NEXT PAGE] 

  
 13 

 [SIGNATURES CONTINUED FROM PREVIOUS PAGE] 

[SIGNATURE PAGE TO AMENDMENT] 
  

			
	 SUBLESSEE:

	
	 TARSUS PHARMACEUTICALS, INC.,

a Delaware corporation

		
	        By:	 	 /s/ Leo Greenstein

	        Its:	 	 Chief Financial Officer

  
 14

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