Document:

apls-ex44_10.htm

Exhibit 4.4

 

DESCRIPTION OF SECURITIES REGISTERED UNDER SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

The following description of the common stock, par value $0.0001 per share (the “Common Stock”), of Apellis Pharmaceuticals, Inc. (“us,” “our,” “we” or the “Company”), which is the only security of the Company registered under Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), summarizes certain information regarding the Common Stock in our restated certificate of incorporation, our amended and restated bylaws and applicable provisions of Delaware corporate law, and is qualified by reference to our restated certificate of incorporation and amended and restated bylaws, which are incorporated by reference as Exhibit 3.1 and Exhibit 3.2, respectively, to the Annual Report on Form 10-K.

Our authorized capital stock consists of 200,000,000 shares of common stock, par value $0.0001 per share, and 10,000,000 shares of preferred stock, par value $0.0001 per share. 

Common Stock

Voting Rights. Holders of our Common Stock are entitled to one vote for each share held on all matters submitted to a vote of stockholders and do not have cumulative voting rights. An election of directors by our stockholders will be determined by a plurality of the votes cast by the stockholders entitled to vote on the election. Any matter other than the election of directors to be voted upon by the stockholders at such meeting will be decided by the affirmative vote of our stockholders having a majority in voting power of the votes cast by the stockholders present or represented and voting on such matter, except when a different vote is required by law, our certificate of incorporation or our bylaws. 

 

Dividends. Holders of Common Stock are entitled to receive proportionately any dividends as may be declared and paid on the Common Stock from funds lawfully available therefor as and when determined by our board of directors, subject to any preferential dividend rights of any outstanding preferred stock.

Liquidation and Dissolution. In the event of our liquidation or dissolution, whether voluntary or involuntary, the holders of Common Stock are entitled to receive proportionately all assets available for distribution to stockholders after the payment of all debts and other liabilities and subject to the prior rights of any outstanding preferred stock.

Other Rights. Holders of Common Stock have no preemptive, subscription, redemption or conversion rights. The rights, preferences and privileges of holders of Common Stock are subject to and may be adversely affected by the rights of the holders of shares of any series of preferred stock that we may designate and issue in the future. Outstanding shares of our Common Stock are non-assessable. Holders of our Common Stock are not, and will not be, subject to any liability as stockholders.

Anti-Takeover Effects of Delaware Law and Our Certificate of Incorporation and Bylaws

Delaware law contains, our restated certificate of incorporation and our amended and restated bylaws contain, provisions that could have the effect of delaying, deferring or discouraging another party from acquiring control of us. These provisions, which are summarized below, are expected to discourage coercive takeover practices and inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with our board of directors.

Staggered Board; Removal of Directors. Our restated certificate of incorporation and amended and restated bylaws divide our board of directors into three classes with staggered three-year terms. In addition, a director may be removed only for cause and only by the affirmative vote of the holders of at least 75% of the votes that all of our stockholders would be entitled to cast in an annual election of directors. Any vacancy on our board of directors, including a vacancy resulting from an enlargement of our board of directors, may be filled only by vote of a majority of our directors then in office. The classification of our board of directors and the limitations on the removal of directors and filling of vacancies could make it more difficult for a third party to acquire, or discourage a third party from seeking to acquire, control of us.

Stockholder Action by Written Consent; Special Meetings. Our restated certificate of incorporation provides that any action required or permitted to be taken by our stockholders must be effected at a duly called annual or special meeting of such holders and may not be effected by any consent in writing by such holders. Our restated certificate of incorporation and amended and restated bylaws also provide that, except as otherwise required by law, special meetings of our stockholders can only be called by our chairman of the board, our chief executive officer or our board of directors.

Advance Notice Requirements for Stockholder Proposals. Our amended and restated bylaws establish an advance notice procedure for stockholder proposals to be brought before an annual meeting of stockholders, including proposed nominations of persons for election to our board of directors. Stockholders at an annual meeting may consider proposals or nominations specified in the notice of meeting or brought before the meeting by or at the direction of our board of directors or by a stockholder of record on the 

 

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record date for the meeting who is entitled to vote at the meeting and who has delivered timely written notice in proper form to our secretary of the stockholder’s intention to bring such business before the meeting. These provisions could have the effect of delaying until the next stockholder meeting stockholder actions that are favored by the holders of a majority of our outstanding voting securities.

Issuance of Preferred Stock. Our board of directors is authorized, without further action by our stockholders, to issue up to 10,000,000 shares of preferred stock in one or more series, and to fix the designations, powers, preferences and the relative, participating, optional or other special rights, and any qualifications, limitations and restrictions of the shares of each series of preferred stock. The issuance of preferred stock could impede the completion of a merger, tender offer or other takeover attempt.

Delaware Business Combination Statute. We are subject to Section 203 of the General Corporation Law of the State of Delaware. Subject to certain exceptions, Section 203 prevents us from engaging in a “business combination” with any “interested stockholder” for three years following the date that the person became an interested stockholder, unless the interested stockholder attained such status with the approval of our board of directors or unless the business combination is approved in a prescribed manner. A “business combination” includes, among other things, a merger or consolidation involving us and the “interested stockholder” and the sale of more than 10% of our assets. In general, an “interested stockholder” is any entity or person beneficially owning 15% or more of our outstanding voting stock and any entity or person affiliated with or controlling or controlled by such entity or person. 

Amendment of Certificate of Incorporation and Bylaws. The General Corporation Law of the State of Delaware provides generally that the affirmative vote of a majority of the shares entitled to vote on any matter is required to amend a corporation’s certificate of incorporation or bylaws, unless a corporation’s certificate of incorporation or bylaws, as the case may be, requires a greater percentage. Our amended and restated bylaws may be amended or repealed by a majority vote of our board of directors or by the affirmative vote of the holders of at least 75% of the votes that all of our stockholders would be entitled to cast in any annual election of directors. In addition, the affirmative vote of the holders of at least 75% of the votes that all of our stockholders would be entitled to cast in any annual election of directors is required to amend or repeal or to adopt any provisions inconsistent with any of the provisions of our restated certificate of incorporation described above under “—Staggered Board; Removal of Directors” and “—Stockholder Action by Written Consent; Special Meetings.”

Exclusive Forum Selection. Our restated certificate of incorporation provides that, unless we consent in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall be the sole and exclusive forum for (1) any derivative action or proceeding brought on behalf of the Company, (2) any action asserting a claim of breach of a fiduciary duty owed by any of our directors, officers, employees or stockholders to the Company or our stockholders, (3) any action asserting a claim against the Company arising pursuant to any provision of the General Corporation Law of the State of Delaware or our restated certificate of incorporation or amended and restated bylaws, or (4) any action asserting a claim against the Company governed by the internal affairs doctrine. Although our restated certificate of incorporation contains the choice of forum provision described above, it is possible that a court could rule that such a provision is inapplicable for a particular claim or action or that such provision is unenforceable.

 

 

 

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Exhibit 10.17

FOURTH AMENDMENT TO LEASE

 

This FOURTH AMENDMENT TO LEASE (this “Amendment”) is entered into this 13th day of November, 2020 (the “Effective Date”) by and between NWALP PHOP Property Owner LLC, a Delaware limited liability company (the “Landlord”), and Apellis Pharmaceuticals, Inc., a Delaware corporation (the “Tenant”).

 

W I T N E S S E T H:

 

WHEREAS, the Landlord and the Tenant entered into that certain Lease dated as of April 27, 2017 (the “Original Lease”), regarding premises consisting of approximately 6,126 rentable square feet (the “Original Premises”) and situated in that certain building located at 200 Fifth Avenue, Waltham, Massachusetts; 

 

WHEREAS, the Landlord and the Tenant entered into that certain First Amendment to Lease dated July 25, 2018 (the “First Amendment”) pursuant to which the Landlord and the Tenant amended the Original Lease so as to relocate the Tenant from the Original Premises to certain space in the Building located at 100 Fifth Avenue, Waltham, Massachusetts on the third (3rd) floor thereof consisting of approximately 22,600 rentable square feet (the “New Premises”);

 

WHEREAS, the Landlord and Tenant entered into that certain Second Amendment to Lease dated June 5, 2019 (the “Second Amendment”) pursuant to which the Landlord and Tenant agreed to expand the Premises so as to rent certain space located on the sixth (6th) floor of the Building consisting of 8,821 rentable square feet of space (the “Expansion Premises”); 

 

WHEREAS, the Landlord and the Tenant entered into that certain Third Amendment to Lease dated September 25, 2019 (the “Third Amendment”) pursuant to which the Landlord and Tenant agreed to expand the Premises so as to rent (i) certain space located on the seventh (7th) floor of the Building consisting of 18,140 rentable square feet of space, and (ii) certain space located on the fifth (5th) floor of the Building consisting of 11,856 rentable square feet of space (together, the “Second Expansion Premises”) (the New Premises, the Expansion Premises and the Second Expansion Premises, collectively, the “Current Premises”) (the Original Lease, as amended by the First Amendment, the Second Amendment and the Third Amendment, is referred to in this Amendment as the “Lease”);

 

WHEREAS, the Landlord and Tenant desire to expand the Premises so as to rent (i) certain space located on the sixth (6th) floor of the Building consisting of 12,179 rentable square feet of space, as described in Exhibit A-(iv) attached to this Amendment (the “Sixth Floor Expansion Premises”), (ii) certain space located on the lower level of the Building consisting of 3,315 rentable square feet of space, and (iii) certain space located on the lower level of the Building consisting of 907 rentable square feet of space (items (ii) and (iii), each described in Exhibit A-(v) attached to this Amendment, and together, the “Lower Level Expansion Premises”) (the Sixth Floor Expansion Premises and the Lower Level Expansion Premises, collectively, the “Third Expansion Premises”); and  

 

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WHEREAS, the Landlord and the Tenant mutually desire to amend the Lease to provide for Tenant’s leasing of the Third Expansion Premises and to make other modifications to the terms and condition of the Lease, all as further provided for below.

 

NOW, THEREFORE, in consideration of the mutual covenants contained in this Amendment, the Lease and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Landlord and the Tenant hereby agree as follows effective as of the Effective Date:

 

	
 
	
1.
	
Rent.  The Basic Rent Table set forth in the Definition of “Basic Rent” shall be amended by adding the following:

 

 

“As of the Third Expansion Premises Rent Commencement Date, the Basic Rent due from Tenant to Landlord pursuant to Section 3.1 for the Premises is payable as set forth in the following rent table:

 

Third Expansion

Premises Rent Commencement

Date - 9/30/2021 $250,083.50/month  $3,001,002.00/year 

10/1/2021 - 9/30/2022 $256,097.50/month  $3,073,170.00/year 

10/1/2022 - 9/30/2023 $262,582.33/month  $3,150,988.00/year 

10/1/2023 - 9/30/2024 $269,067.17/month  $3,228,806.00/year 

10/1/2024 - 6/30/2025 $275,395.06/month  $3,304,740.67/year 

7/1/2025 - 6/30/2026 $285,332.67/month  $3,423,992.00/year 

7/1/2026 - 12/31/2026 $291,817.50/month  $3,501,810.00/year 

 

	
 
	
2.
	
Premises.  As of the Third Expansion Premises Term Commencement Date, the following definitions set forth in Section 1.1 of the Lease are deleted in their entirety and replaced with the following: 

 

	
 
	
(a)
	
Premises: Agreed to include (i) The Original Premises from the Term Commencement Date until the New Premises Substantial Completion Date, (ii) the New Premises from the New Premises Substantial Completion Date (i.e., January 1, 2019) until the Expiration Date, (iii) the Expansion Premises, from the Expansion Premises Term Commencement Date (i.e., June 5, 2019) to the Expiration Date, (iv) the Second Expansion Premises, from the Second Expansion Premises Term Commencement Date (i.e., October 1, 2019) to the Expiration Date, and (v) the Third Expansion Premises, from the Third Expansion Premises Term Commencement Date to the Expiration Date.

 

	
 
	
(b)
	
Premises Rentable Area: Agreed to be (i) 6,126 rentable square feet from the Term Commencement Date until the New Premises Substantial Completion Date; (ii) 22,600 rentable square feet from the New Premises Substantial Completion Date until the Expansion Premises Term Commencement Date; (iii) 31,421 rentable square feet from the Expansion Premises Term 

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Commencement Date to the Second Expansion Premises Term Commencement Date; (iv) 61,417 rentable square feet from the Second Expansion Premises Term Commencement Date to the Third Expansion Premises Term Commencement Date; and (v) 77,818 rentable square feet from the Third Expansion Premises Commencement Date to the Expiration Date. 

 

	
 
	
(c)
	
Tenant’s Proportionate Share: Agreed to be (i) three and sixty five one hundredths percent (3.65%) from the Term Commencement Date until the New Premises Substantial Completion Date; (ii) fourteen and forty one hundredths percent (14.41%) from the New Premises Substantial Completion Date until the Expansion Premises Term Commencement Date; (iii) twenty percent (20%) from the Expansion Premises Term Commencement Date to the Second Expansion Premises Term Commencement Date; (iv) thirty six and fifty hundredths percent (36.5%) from the Second Expansion Premises Term Commencement Date until the Third Expansion Premises Term Commencement Date; and (v) forty nine and six hundredths percent (49.6%) from the Third Expansion Premises Rent Commencement Date to the Expiration Date (which is based on the ratio of the agreed upon (a) Premises Rentable Area to (b) Building Rentable Area).

 

	
 
	
(d)
	
Expiration Date: December 31, 2026.  

 

	
 
	
3.
	
Definitions.  In addition, the following definition shall be added to Section 1.1 of the Lease:

 

	
 
	
(a)
	
Third Expansion Premises Term Commencement Date:  shall be the first (1st) day following the date of the NRT Termination Satisfaction Notice (as hereinafter defined). 

 

	
 
	
(b)
	
Third Expansion Premises Term: The period of time commencing on the Third Expansion Premises Term Commencement Date and expiring on the Expiration Date.

 

	
 
	
(c)
	
Third Expansion Premises Rent Commencement Date: The later of (i) January 1, 2021, or (ii) the date that the Third Expansion Premises are delivered to Tenant in the condition required by Section 5 of this Amendment. 

 

	
 
	
4.
	
Exhibits: As of the Third Expansion Premises Term Commencement Date:

 

The Enumeration of Exhibits as set forth in Section 1.2 of the Lease shall be updated to add the following:

 

“Exhibit A-(iv)Plan of the Sixth Floor Expansion Premises

Exhibit A-(v)Plan of the Lower Level Expansion Premises”

 

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5.
	
Condition of Third Expansion Premises. Subject to the terms of this Section 5, the Third Expansion Premises are being leased by Tenant in their condition as of the Third Expansion Premises Term Commencement Date, in their “As Is” condition as of the Effective Date, without representation or warranty by Landlord, except that the Third Expansion Premises shall be delivered to Tenant vacant (and all existing leases or occupancy agreements terminated), broom clean, with all furniture, fixtures and equipment removed, other than the furniture located on the Lower Level Expansion Premises, and in compliance with all applicable laws.  Tenant acknowledges and agrees that Tenant inspected the Third Expansion Premises prior to the execution of this Amendment and is satisfied with the condition of the Third Expansion Premises.  With respect to the furniture located on the Lower Level Expansion Premises, Landlord hereby conveys its interest in the same, if any, to Tenant without warranty, representation or recourse of any kind.  There is no warranty relating to title, possession, quiet enjoyment, or the like in this disposition. 

 

 

	
 
	
6.
	
Landlord’s Third Expansion Contribution.  Landlord shall provide to Tenant a contribution in the amount of $410,025 (the “Landlord’s Third Expansion Contribution”) to be used towards Tenant’s improvements to the Third Expansion Premises (including both hard and soft costs of construction, as well as the purchase and installation of Tenant’s cabling, wiring, furniture, fixtures and equipment), subject to the provisions stated in this Section 6 of this Amendment.    

 

	
 
	
(a)
	
Tenant shall prepare, at its sole cost and expense (against which the Landlord’s Third Expansion Contribution may be applied), plans (the “Third Expansion Plans”) for the interior finish and layout of the initial improvements (the “Third Expansion Initial Work”) which Tenant desires to have performed in the Third Expansion Premises.  The Third Expansion Plan shall be submitted to Landlord, together with a construction budget setting forth the anticipated costs for the Third Expansion Initial Work (the “Third Expansion Estimated Initial Work Budget”), and Landlord shall approve or disapprove of the Third Expansion Plans, in its reasonable discretion, within ten (10) Business Days of receiving them.  No work shall be conducted by or on behalf of Tenant until the Third Expansion Plans have been fully approved in writing by Landlord.  At Tenant’s sole cost and expense (against which the Landlord’s Third Expansion Contribution may be applied), Tenant shall cause the Third Expansion Plans to be revised in a manner sufficient to remedy the Landlord’s objections and/or respond to the Landlord’s concerns and for such revised Third Expansion Plans to be redelivered to Landlord, and Landlord shall approve or disapprove Tenant’s revised Third Expansion Plans within five (5) Business Days following the date of resubmission, unless such revised Third Expansion Plans involve structural alterations to the Building or the HVAC, in which case Landlord shall approve or disapprove such revised Third Expansion Plans within ten (10) Business Days.  Landlord’s failure to timely respond to Tenant’s 

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submitted Third Expansion Plans or revised Third Expansion Plans shall be deemed to be an approval thereof.  

 

	
 
	
(b)
	
The Third Expansion Plans shall be stamped by a Massachusetts registered architect and engineer, such architect and engineer and Tenant’s  general contractor, being subject to Landlord’s prior reasonable approval, and shall comply with Applicable Law and the requirements of the Rules and Regulations and shall be in a form satisfactory to appropriate governmental authorities responsible for issuing permits, approvals and licenses required for such Third Expansion Initial Work.  

 

	
 
	
(c)
	
All of the Third Expansion Initial Work shall be completed in accordance with the requirements set forth in the Rules and Regulations for Tenant Alterations.

 

	
 
	
(d)
	
Landlord shall reimburse Tenant for the costs incurred by the Tenant with respect to the design and performance of the Third Expansion Initial Work (the “Cost of Third Expansion Initial Work”) up to the amount of Landlord’s Third Expansion Contribution, subject to the provisions hereof.  To the extent that the Cost of Third Expansion Initial Work exceeds the Landlord’s Third Expansion Contribution, Tenant shall be entirely responsible for such excess.  Landlord’s Third Expansion Contribution shall be payable by Landlord to Tenant (or, at Landlord’s election, directly to Tenant’s general contractor or subcontractors) in installments according to Landlord’s construction disbursement procedures set forth below, as the Third Expansion Initial Work progresses.  Prior to payment of any such installment, Tenant shall deliver to Landlord a written request, to be submitted no more frequently than once every thirty (30) days, for such disbursement, which request shall be accompanied by: (i) invoices for the Third Expansion Initial Work covered by such requisition; (ii) copies of partial lien waivers or final lien waivers (in the case of a final installment) from (I) all contractors and subcontractors holding contracts in excess of $10,000 whose work is covered by such requisition or (II) in the event that the aggregate amount of Tenant’s contracts in connection with the Third Expansion Initial Work exceeds $25,000, from any contractors and subcontractors whose work is covered by such requisition; and (iii) a certificate signed by the Architect certifying that the Third Expansion Initial Work represented by the aforementioned invoices has been completed substantially in accordance with the Third Expansion Plans.  Landlord shall make each such payment, as set forth above, within forty-five (45) days of Landlord’s receipt of the documentation described above. If at any time the amount of Landlord’s Third Expansion Contribution remaining is insufficient to pay for the remaining amount of the Third Expansion Initial Work, then Tenant shall pay from its own funds all amounts required to accomplish lien free completion of the Third Expansion Initial Work. In the event that Landlord fails to pay all or any portion of Landlord’s Third Expansion Contribution to Tenant when due, and such failure continues for thirty (30) days after written notice is delivered to Landlord from Tenant, Tenant may 

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offset the amount of the unpaid Landlord’s Third Expansion Contribution against rent due until all of such unpaid Landlord’s Third Expansion Contribution has been recouped by Tenant. 

 

	
 
	
7.
	
Offset to Basic Rent. Tenant may, at Tenant’s option, use up to one hundred percent (100%) of the Landlord’s Third Expansion Contribution to offset Base Rent next coming due, with the balance carried forward and applied towards each of the next rental payments until Landlord’s Third Expansion Contribution has been fully used.

 

	
 
	
8.
	
Landlord’s Current Space Contribution.  In addition to the Landlord’s Third Expansion Contribution, Landlord shall provide to Tenant a contribution in the amount of $245,688 (the “Landlord’s Current Premises Contribution”) to be used towards Tenant’s improvements to the Current Premises, subject to the condition that the provisions described in Section 6 of this Amendment shall also apply to Landlord’s Current Space Contribution and any references to Landlord’s Third Expansion Premises Contribution, Third Expansion Plans, Third Expansion Initial Work, Third Expansion Estimated Initial Work Budget and Cost of Third Expansion Initial Work shall be deemed to refer instead to  “Landlord’s Current Premises Contribution” and the plans and specifications, work and budget therefor. 

 

	
 
	
9.
	
Initial Access.  Upon the Third Expansion Premises Term Commencement Date, Tenant shall have full use and access of the Third Expansion Premises and all of Tenant’s obligations hereunder shall commence, provided that Tenant shall deliver to Landlord certificates of insurance evidencing the coverages required by the Lease.  Notwithstanding the foregoing, Tenant’s obligations to pay Basic Rent, Additional Rent and electric fees in relation to the Third Expansion Premises shall not commence until the Third Expansion Premises Rent Commencement Date.

 

	
 
	
10.
	
Yield-Up and Surrender of Premises.  Tenant shall yield-up and surrender the Current Premises and the Third Expansion Premises on or prior to the Expiration Date in strict accordance with Article 16 of the Lease. Failure to yield-up and surrender the Current Premises and Third Expansion Premises in accordance with this Section 10 shall constitute a Default of Tenant under the Lease and entitle Landlord to exercise any and all of the remedies to which Landlord is entitled under the Lease, at law or in equity.

 

	
 
	
11.
	
Brokers. Each of Landlord and Tenant hereby represents that such party has not dealt with any brokers with respect to the transactions contemplated by this other than Jeremy Hood and CBRE (together, the “Broker”).  Each of Landlord and Tenant hereby agrees to defend, indemnify and hold harmless the other, and its successors and assigns, against and from all claims, losses, liabilities and expenses including, without limitation, reasonable attorney’s fees, arising out of any claim by any broker, consultant, finder or like agent, which are based upon 

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alleged dealings by such party with respect to this Amendment other than the Broker. Provided that this Amendment is executed by the Landlord and the Tenant, the Landlord shall pay to the Broker a commission fee per a separate agreement.

 

	
 
	
12.
	
NRT Termination Agreement.  Landlord and Tenant acknowledge and agree that all the rights and obligations of each party pursuant to this Amendment are contingent upon the following (i) the full execution of that certain Termination of Lease Agreement by and between NRT New England LLC, a Delaware limited liability company (“NRT”), and Landlord, to be signed and dated simultaneously herewith (the “NRT Termination Agreement”); (ii) the satisfaction by NRT of all of the terms and conditions of the NRT Termination Agreement no later than five (5) business days following the execution date of said agreement, including, without limitation, the payment by NRT of any amounts due pursuant to the NRT Termination Agreement.  Following Landlord’s confirmation that the conditions of items (i) and (ii) above are satisfied, Landlord shall certify of the same to Tenant (the “NRT Termination Satisfaction Notice”), and this Section 12 shall be of no further force and effect.  For the avoidance of doubt, in the event that the NRT Termination Agreement is not fully executed and dated by Landlord and NRT as of the date of this Amendment and/or the terms and conditions of the NRT Termination Agreement are not fully satisfied within five (5) business days following its execution date, Landlord shall promptly (and in any event within seven (7) Business Days following  the Effective of this Amendment) deliver written notice thereof to Tenant and this Amendment shall be null and void.

 

	
 
	
13.
	
Capitalized Terms.  Capitalized terms that are not otherwise defined herein shall have the meaning set forth in the Lease.

 

	
 
	
14.
	
Ratification of Existing Lease Terms.  Other than as expressly set forth herein, the terms and provisions of the Lease are hereby ratified, confirmed and shall remain unmodified and in full force and effect.

 

	
 
	
15.
	
Governing Law.  This Amendment shall be governed by the laws of the Commonwealth of Massachusetts without regard to its conflict of law provisions.

 

	
 
	
16.
	
Counterpart Signatures.  This Amendment may be executed in counterparts, each of which shall constitute an original document and all of which, together, shall constitute one and the same instrument, and computer-scanned image signatures hereon shall be binding. Facsimile, electronic or scanned signatures shall be deemed originals for all purposes.

 

 

 

 

 

[Signatures Appear on the Following Page]

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Exhibit 10.17

 

 

 

IN WITNESS WHEREOF, the Landlord and the Tenant have each caused this Amendment to be executed as of the date first above written.

 

LANDLORD:

 

NWALP PHOP PROPERTY OWNER LLC, a Delaware limited liability company

 

By: ALP PHOP Manager, LLC, a Massachusetts limited liability company, its appointed representative 
   

By: Andrew Maher___________

     Name: Andrew Maher 

      Title: Manager

 

 

 

TENANT:

 

APELLIS PHARMACEUTICALS, INC., a Delaware corporation

 

By: /s/ Nur Nicholson

Name:Nur Nicholson

Title:Chief Technical Officer

 

 

1031382.v4

 

EXHIBIT A-(iv)

 

The Sixth Floor Expansion Premises

 

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EXHIBIT A-(v)

 

The Lower Level Expansion Premises

 

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