SEC Contract Filing

Filing Date: 2016-05-05

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1.htm
<DESCRIPTION>SECOND AMENDMENT TO LEASE
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<p style="margin: 0;"><a href="txmd-10q_033116.htm">TherapeuticsMD, Inc. 10-Q</a></p>
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<p style="margin: 0; text-align: right;"><b>Exhibit 10.1</b></p>
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<p style="margin: 0 0 8pt; text-align: center; font: bold 10pt Times New Roman, Times, Serif;"><u>SECOND AMENDMENT TO LEASE</u></p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">THIS SECOND AMENDMENT TO LEASE (the &#x201C;Second Amendment&#x201D;) is made and entered into as of the Effective Date hereof, by and between 6800 BROKEN SOUND LLC, a Florida limited liability company and its successors or assigns (&#x201C;Landlord&#x201D;), and THERAPEUTICSMD, INC., a Nevada corporation authorized to do business in Florida (&#x201C;Tenant&#x201D;).</p>
<p style="margin: 0 0 8pt; text-align: center; font: bold 10pt Times New Roman, Times, Serif;">RECITALS:</p>
<p style="margin: 0 0 -11pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">A.</p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 1in; font: 10pt Times New Roman, Times, Serif;">Landlord and Tenant have entered into that certain Lease with the Effective Date of May 13, 2013 (the &#x201C;First Lease&#x201D;) for the Lease of that certain Premises described within the Lease as the entire third floor of the Building located at 6800 Broken Sound Parkway, Boca Raton, Florida (&#x201C;First Premises&#x201D;).</p>
<p style="margin: 0 0 -11pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">B.</p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 1in; font: 10pt Times New Roman, Times, Serif;">Subsequently, Landlord and Tenant entered into that certain First Amendment to Lease dated February 19, 2015 (&#x201C;First Amendment&#x201D; and together with the First Lease, the &#x201C;Original Lease&#x201D;; the Original Lease, as modified by this Second Amendment is referred to herein as the &#x201C;Lease&#x201D;), which, among other things, modified the Premises to also include Suite 100 of the Building (as defined in the Lease) (the &#x201C;Second Premises&#x201D; and together with the First Premises, the &#x201C;Original Premises&#x201D;).</p>
<p style="margin: 0 0 -11pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">C.</p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 1in; font: 10pt Times New Roman, Times, Serif;">Landlord and Tenant desire to modify and amend the Original Lease to expand the Premises to include Suite 125 of the Building, which suite consists of approximately 3,542 rentable square feet, and to modify such other terms and conditions of the Original Lease consistent with the addition of the additional rentable square footage.</p>
<p style="margin: 0 0 -11pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">D.</p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 1in; font: 10pt Times New Roman, Times, Serif;">Landlord and Tenant desire to enter into such other terms, conditions, and amendments to the Lease as are more specifically set forth herein.</p>
<p style="margin: 0 0 8pt; text-align: justify; text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif;">NOW, THEREFORE, in consideration of the mutual terms, covenants and conditions contained herein, and for separate consideration, the receipt and sufficiency of which is hereby acknowledged and agreed to by the parties hereto, the Landlord and Tenant do hereby agree as follows:</p>
<p style="margin: 0 0 -11pt 0.5in; text-align: justify; text-indent: -0.5in; font: 10pt Times New Roman, Times, Serif;">1.0</p>
<p style="margin: 0 0 8pt 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif;"><u>Recitals</u>. The above recitals are hereby ratified and confirmed as being true and correct and are incorporated herein in all respects.</p>
<p style="margin: 0 0 -11pt 0.5in; text-align: justify; text-indent: -0.5in; font: 10pt Times New Roman, Times, Serif;">2.0</p>
<p style="margin: 0 0 8pt 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif;"><u>Definitions</u>. All terms defined herein shall have the identical definitions as ascribed to within the Original Lease, except where such definition is expressly modified herein.</p>
<p style="margin: 0 0 -11pt 0.5in; text-align: justify; text-indent: -0.5in; font: 10pt Times New Roman, Times, Serif;">3.0</p>
<p style="margin: 0 0 8pt 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif;"><u>Effective Date</u>. The Effective Date of this Second Amendment to Lease shall be the date and time of the last party to fully execute this Second Amendment.</p>
<p style="margin: 0 0 -11pt 0.5in; text-align: justify; text-indent: -0.5in; font: 10pt Times New Roman, Times, Serif;">4.0</p>
<p style="margin: 0 0 8pt 0.5in; text-align: justify; text-indent: 0in; font: 10pt Times New Roman, Times, Serif;"><u>Premises</u>. Commencing on May 1, 2016 (&#x201C;Additional Premises Commencement Date&#x201D;), the Premises as defined in Article 1 BASIC PROVISIONS of the Original Lease shall be amended and restated in its entirety to read as follows:</p>
<p style="margin: 0 0.5in 1pt 1in; text-align: justify; font: 10pt Times New Roman, Times, Serif;"><i>&#x201C;B. &#xA0;&#xA0;<u>Pre