Document:

Exhibit 10.27 

 

AMENDMENT TO LEASE AGREEMENT

 

This Amendment to Lease
Agreement (the “Amendment”) is made as of June 1, 2018 (the “Effective Date”), by and between ConversionPoint
Technologies, Inc., a Delaware corporation (“Tenant”) and AtGlenwood, LLC, a Minnesota limited liability company
(“Landlord”).

 

RECITALS

 

WHEREAS, Landlord and
Tamble, Inc., a Delaware corporation (“Tamble”), entered into that certain Lease Agreement dated June 1, 2014
(the “Lease”);

 

WHEREAS, pursuant to
a series of internal reorganizing of the corporate structure of Tamble, Tamble's obligations under the Lease were assigned to and
assumed by Push Holdings, Inc. pursuant to that certain Assignment of Lease dated as of April 1, 2017, and subsequently assigned
to and assumed by Tenant, pursuant to that certain Assignment of Lease dated as of April 25, 2017, each with the prior express
written consent of Landlord; and

 

WHEREAS, the parties now desire to amend the Lease
as more fully detailed below.

 

NOW, THEREFORE, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledges, the parties agree as follows:

 

1.       Premises.
The Premises is hereby amended to mean 26,558 square feet, detailed more specifically as follows: 225 Building A office (4,116
SF), 225 Building B Unit 1 office (1,965 SF), 225 Building C Unit 1 warehouse (3,685 SF), 225 Building C Unit 2 office (2,260 SF),
225 Building D warehouse (5,600 SF), 225 Building E warehouse (2,810 SF), 225 Building F warehouse (6,122 SF)

 

2.       Term.
The Lease shall expire at 11:59 p.m. Central Time on December 31, 2021, subject to Tenant's renewal options outlined in Section
4 hereof.

 

3.       Rent.
Tenant shall make monthly payments of gross rent equal to $27,000.00 per month.

 

4.       Renewal
Options. Provided Tenant is not default under the Lease and has otherwise performed all of its covenants and obligations
thereunder, Tenant shall have the option to extend the term for two additional periods of three years each, upon the same terms
and conditions hereof. In order to exercise its renewal option(s), Tenant shall provide Landlord with at least four months prior
written notice of its intention to renew. The Rent shall include a 5% increase at the commencement of each extension term.

 

5.       Right
of First Refusal to Lease Space. Provided Tenant is not default under the Lease and has otherwise performed all of
its covenants and obligations thereunder, in the event that any space on the property becomes available for rent for any
reason, Tenant shall have the opportunity to lease the vacant space upon the same terms and conditions hereof, except that
the rent shall be equal to then-current market rent for the vacant space. Landlord is free to market the vacant space for
rent but in the event that Landlord signs a letter of intent, Landlord shall immediately provide written notice to Tenant and
Tenant shall have 10 days to exercise its right of first refusal by delivering written notice to Landlord of its intention to
rent such vacant space upon the same terms and conditions as outlined in the letter of intent. If Tenant fails to deliver
such written notice of intent within 10 days, Tenant shall be deemed to have waived its right of first refusal, and Landlord
may enter into a lease with the new tenant without any further obligation to Tenant until such space again becomes vacant
space.

 

    	

     

    

 

6.       Tenant
Improvements. Landlord shall deliver the spaces identified as 225 Building B Unit 1 office (1,965 SF) and 225 Building
C Unit 2 office (2,260 SF) in a shell condition ready to be built-out for Tenant's use. Tenant shall be solely responsible for
any improvements to finish the spaces to its specifications for its use, provided, however, Landlord shall have the right to pre-approve
the plans and consent to the work being performed, which consent shall not be unreasonably withheld.

 

7.       Other
Terms. Except as explicitly amended by this Amendment, all of the terms and conditions of the Lease shall remain in full
force and effect. In the event of any conflict between the terms and conditions of this Amendment and the terms and conditions
of the Lease, this Amendment shall prevail.

 

8.       No
Broker. Tenant represents and warrants to Landlord that it has not dealt with any broker in connection with this Amendment.
Tenant hereby indemnifies and holds Landlord harmless from any and all losses, liability, costs, or expenses (including attorney
fees) incurred as a result of any breach of the foregoing warranty.

 

9.       Choice
of Law. The Lease and this Amendment shall be governed by the laws of the State of Minnesota.

 

10.     Rear
Deck and Patio. The rear deck and patio adjacent to Building A and Building B shall be for the sole exclusive use of Tenant
and shall not be considered common elements for purpose of other tenants.

 

11.     Parking.
Tenant shall have full use of the parking lot except for those certain spaces which have previously been dedicated exclusively
for other tenants.

 

12.     Signage.
Tenant shall have rights to the monument sign as depicted on Exhibit A hereto. Tenant shall maintain the same rights with
respect to size and panel location on any future monument sign. In addition, Tenant shall have the right to advertise on the existing
Glenwood billboard atop the 225 Building, subject to the approval of local government and other regulatory bodies.

 

13.     Entire
Agreement. This Amendment contains the entire understanding between the parties and supersedes any prior or contemporaneous
written or oral agreements between the parties. There are no representations, warranties, agreements, arrangements, or understandings,
oral or written, between the parties relating to the subject matter of this Amendment except as stated herein.

 

14.     Counterparts.
This Amendment may be signed in one or more counterparts, each of which shall constitute an original, but all of which together
shall be one and the same document. An email copy of a party's signature shall be deemed the original signature for all purposes
under this Amendment.

 

    	

     

    

 

IN WITNESS WHEREOF, this Amendment is executed effective as
of the Effective Date.

 

	 	TENANT:	 	LANDLORD:
	 	 	 	 
	 	ConversionPoint Technologies, Inc.	 	AtGlenwood, LLC
	 	 	 	 
	 	By:	/s/ Robert
    Tallack	 	By:	/s/ Haig Newton
	 	Name: Robert Tallack	 	Name: Haig Newton
	 	Its:	 	Its:

 

    	

     

    

 

Exhibit AExhibit 10.28

 

SECOND AMENDMENT TO LEASE AGREEMENT

 

This Second Amendment
to Lease Agreement (the “Second Amendment”) is made as of September 15, 2018 (the “Effective Date”),
by and between ConversionPoint Technologies, Inc., a Delaware corporation (“Tenant”) and AtGlenwood, LLC, a
Minnesota limited liability company (“Landlord”).

 

RECITALS

 

WHEREAS, Landlord and
Tenant are parties to that certain Lease Agreement dated June 1, 2014, as amended pursuant to that certain Lease Amendment by and
between Landlord and Tenant, dated as of June 1, 2018 (collectively, the “Lease”); and

 

WHEREAS, the parties now desire to further amend the
Lease as more fully detailed below.

 

NOW, THEREFORE, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.       Premises.
The Premises is hereby amended to mean 30,348 square feet (12,313 square feet of office and 18,217 square feet of warehouse),
as depicted more clearly on Exhibit A attached hereto.

 

2.       Rent.
Tenant shall make monthly payments of gross rent equal to $30,600.00 per month.

 

3.       Bay
9 Usage. Tenant understands that Bay 9, comprising approximately 1,564 square feet of warehouse, is being primarily used
by Landlord for housing of its facilities maintenance machinery and tools and other miscellaneous needs. Tenant shall have the
right upon 90 days written notice to force Landlord to vacate and the rental payments outlined in paragraph 2 above shall be adjusted
upward accordingly.

 

4.       Utilities.
In addition to its rental payment obligations, Tenant shall be solely responsible for paying its gas bill.

 

5.       Other
Terms. Except as explicitly amended by this Second Amendment, all of the terms and conditions of the Lease shall remain
in full force and effect. In the event of any conflict between the terms and conditions of this Second Amendment and the terms
and conditions of the Lease, this Second Amendment shall prevail.

 

6.       No
Broker. Tenant represents and warrants to Landlord that it has not dealt with any broker in connection with this Second
Amendment. Tenant hereby indemnifies and holds Landlord harmless from any and all losses, liability, costs, or expenses (including
attorney fees) incurred as a result of any breach of the foregoing warranty.

 

7.       Choice
of Law. The Lease and this Second Amendment shall be governed by the laws of the State of Minnesota.

 

8.       Entire
Agreement. This Second Amendment contains the entire understanding between the parties and supersedes any prior or
contemporaneous written or oral agreements between the parties. There are no representations, warranties, agreements,
arrangements, or understandings, oral or written, between the parties relating to the subject matter of this Second Amendment
except as stated herein.

 

    	

     

    

 

9.       Counterparts.
This Second Amendment may be signed in one or more counterparts, each of which shall constitute an original, but all of which
together shall be one and the same document. An email copy of a party’s signature shall be deemed the original signature
for all purposes under this Second Amendment.

 

IN WITNESS WHEREOF, this Second Amendment is executed effective
as of the Effective Date.

 

	 	TENANT:	 	LANDLORD:
	 	 	 	 
	 	ConversionPoint Technologies, Inc.	 	AtGlenwood, LLC
	 	By:	/s/ Robert Tallack	 	By:	/s/ Haig Newton
	 	Name: Robert Tallack	 	Name: Haig Newton
	 	Its: CEO	 	Its: Managing Member

 

    	

     

    

 

Exhibit A

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