SEC Contract Filing

Filing Date: 2018-02-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex101leaseamendment.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<div><a name="sB280BB39219C82457E20C316E4473E8F"></a></div><div><div style="line-height:120%;text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Exhibit 10.1</font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">FIRST AMENDMENT OF LEASE</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">This First Amendment of Lease (this &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:11pt;">&#8221;) is made and entered into on this the 10 day of November, 2017, by and between Pearland Economic Development Corporation (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Landlord</font><font style="font-family:inherit;font-size:11pt;">&#8221;) and Cardiovascular Systems, Inc., (&#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Tenant</font><font style="font-family:inherit;font-size:11pt;">&#8221;). </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">RECITALS</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-left:6px;text-align:justify;text-indent:42px;"><font style="text-align:justify;font-family:inherit;font-size:11pt;padding-right:46px;">A.</font><font style="font-family:inherit;font-size:11pt;">Whereas, Landlord and Tenant entered into that certain Lease dated September 4, 2009 (the &#8220;</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Lease</font><font style="font-family:inherit;font-size:11pt;">&#8221;) relating to approximately 46,000 square feet of floor area on the Leased Premises located at 14740 Kirby Drive, in Pearland, Harris County, Texas; and</font></div><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-left:6px;text-align:justify;text-indent:42px;"><font style="text-align:justify;font-family:inherit;font-size:11pt;padding-right:46px;">B.</font><font style="font-family:inherit;font-size:11pt;">&#32;Whereas, pursuant to the Lease, Tenant&#8217;s First Expansion Option and Second Expansion Option have expired and Tenant&#8217;s Expansion Options under the Lease have therefore been waived; and</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-left:6px;text-align:justify;text-indent:42px;"><font style="text-align:justify;font-family:inherit;font-size:11pt;padding-right:46px;">C.</font><font style="font-family:inherit;font-size:11pt;">Whereas, Landlord may have the opportunity to sell a portion of the Leased Premises that comprises a portion of the First Expansion Option Land as more accurately depicted on </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit A</font><font style="font-family:inherit;font-size:11pt;">&#32;attached hereto (the &#8220;Adjacent Property&#8221;); and</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-left:6px;text-align:justify;text-indent:42px;"><font style="text-align:justify;font-family:inherit;font-size:11pt;padding-right:46px;">D.</font><font style="font-family:inherit;font-size:11pt;">&#32;Whereas, in exchange for Tenant&#8217;s willingness to remove the Adjacent Property from the Leased Premises, Landlord is willing to use proceeds from the sale of the Adjacent Property to construct no fewer than thirty (30) additional parking improvements on the Leased Premises in accordance with </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Exhibit B </font><font style="font-family:inherit;font-size:11pt;">attached hereto to exclusively serve Tenant (the &#8220;Parking Improvements&#8221;); and</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">E.&#160;&#160;&#160;&#160;Landlord and Tenant now desire to amend certain terms of the Lease for the consideration and upon the terms and conditions hereinafter expressed.</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-alig