SEC Contract Filing

Filing Date: 2024-02-28

Document Content:
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<TYPE>EX-10.18
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<FILENAME>d719301dex1018.htm
<DESCRIPTION>EX-10.18
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<TITLE>EX-10.18</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.18 </B></P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SECOND AMENDMENT TO LEASE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">THIS SECOND<B> </B>AMENDMENT TO LEASE (this &#147;<U>Amendment</U>&#148;) is entered into as of this 6th day of February, 2024, by and between
<FONT STYLE="white-space:nowrap">BMR-PACIFIC</FONT> RESEARCH CENTER LP, a Delaware limited partnership (&#147;<U>Landlord</U>&#148;), and CYMABAY THERAPEUTICS, INC., a Delaware corporation (&#147;<U>Tenant</U>&#148;). </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>RECITALS </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A.
WHEREAS, Landlord and Tenant are parties to that certain Lease dated as of November&nbsp;8, 2013, as amended by that certain First Amendment to Lease dated as of April&nbsp;16, 2018 (collectively, and as the same may have been further amended,
amended and restated, supplemented or modified from time to time, the &#147;<U>Existing Lease</U>&#148;), whereby Tenant leases certain premises (the &#147;<U>Premises</U>&#148;) from Landlord at 7575 Gateway Boulevard in Newark, California (the
&#147;<U>Building</U>&#148;); </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">B. WHEREAS, Landlord and Tenant desire to extend the Term of the Lease; and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">C. WHEREAS, Landlord and Tenant desire to modify and amend the Existing Lease only in the respects and on the conditions hereinafter stated.
</P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>AGREEMENT </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, Landlord and Tenant, in consideration of the mutual promises contained herein and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>Definitions</U>.
For purposes of this Amendment, capitalized terms shall have the meanings ascribed to them in the Existing Lease unless otherwise defined herein. The Existing Lease, as amended by this Amendment, is referred to collectively herein as the
&#147;Lease.&#148; From and after the date hereof, the term &#147;<U>Lease</U>,&#148; as used in the Existing Lease, shall mean the Existing Lease, as amended by this Amendment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <U>Second Amendment Extension Term</U>. The Term of the Lease is hereby extended until, and the Term Expiration Date is hereby amended to
mean, March&nbsp;15, 2024. The period commencing on January&nbsp;16, 2024, and ending on such amended Term Expiration Date shall be referred to herein as the &#147;<U>Second Amendment Extension Term</U>.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. <U>Base Rent</U>. During the Second Amendment Extension Term, Base Rent shall be equal to <B>$90,786.99</B> per month. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. <U>Condition of Premises</U>. Tenant acknowledges that (a)&nbsp;it is in possession of and is fully familiar with the condition of the
Premises and, notwithstanding anything contained in the Lease to the contrary, agrees to take the same in its condition &#147;as is&#148; as of the first day of the Second Amendment Extension Term, and (b)&nbsp;Landlord shall have no obligation to
alter, repair or otherwise prepare the Premises for Tenant&#146;s continued occupancy for the Second Amendment Extension Term or to pay for any improvements to the Premises, except as may be expressly provided in the Lease. <B></B> </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5. <U>Broker</U>. Tenant represents and warrants that it has not dealt with any broker or
agent in the negotiation for or the obtaining of this Amendment and agrees to reimburse, indemnify, save, defend (at Landlord&#146;s option and with counsel reasonably acceptable to Landlord, at Tenant&#146;s sole cost and expense) and hold harmless
the Landlord Indemnitees for, from and against any and all cost or liability for compensation claimed by any such broker or agent employed or engaged by it or claiming to have been employed or engaged by it. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6. <U>No Default</U>. Tenant represents, warrants and covenants that, to the best of Tenant&#146;s knowledge, Landlord and Tenant are not in
default of any of their respective obligations under the Existing Lease and no event has occurred that, with the passage of time or the giving of notice (or both) would constitute a default by either Landlor