SEC Contract Filing

Filing Date: 2015-08-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>exel20150630exhibit102.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2015 Workiva -->
 <title>EXEL 2015.06.30 Exhibit 10.2</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<a name="s4FF93710B43EFDD632E9FAF66D239897"></a><div></div><br><div style="line-height:120%;padding-top:12px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.2</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SECOND AMENDMENT TO SUBLEASE</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THIS SECOND AMENDMENT TO SUBLEASE</font><font style="font-family:inherit;font-size:10pt;">&#32;(this &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Second Amendment</font><font style="font-family:inherit;font-size:10pt;">&#8221;) is made as of July 1, 2015 (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Effective Date</font><font style="font-family:inherit;font-size:10pt;">&#8221;), by and between </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EXELIXIS, INC.</font><font style="font-family:inherit;font-size:10pt;">, a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Sublandlord</font><font style="font-family:inherit;font-size:10pt;">&#8221;), and </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NODALITY, INC.</font><font style="font-family:inherit;font-size:10pt;">, a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subtenant</font><font style="font-family:inherit;font-size:10pt;">&#8221;).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:312px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECITALS</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">A.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;Sublandlord and Subtenant entered into that certain Sublease dated as of July 25, 2011, as amended by that certain First Amendment to Sublease dated as of May 1, 2012 (together, the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Sublease</font><font style="font-family:inherit;font-size:10pt;">&#8221;). Pursuant to the Sublease, Subtenant subleases certain premises consisting of approximately 27,564 rentable square feet (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Subleased Premises</font><font style="font-family:inherit;font-size:10pt;">&#8221;) in a building located at 170 Harbor Way, South San Francisco, California. The Subleased Premises are more particularly described in the Sublease. Capitalized terms used herein without definition shall have the meanings defined for such terms in the Sublease.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">B. &#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;">Sublandlord and Subtenant desire, subject to the terms and conditions set forth below, to amend the Sublease to, among other things, decrease the rentable square footage subleased by Subtenant by removing from the Subleased Premises the ROFO Space containing 2,454 rentable square feet in the aggregate that are located on the first floor of Building 170 and are designated as &#8220;Hallway 151,&#8221; &#8220;Open Office 152,&#8221; &#8220;Shared Office 153,&#8221; &#8220;Office 154,&#8221; &#8220;Office 155,&#8221; &#8220;Office 156,&#8221; &#8220;Office 157,&#8221; and &#8220;Office 158&#8221; on </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Exhibit A</font><font style="font-family:inherit;font-size:10pt;">&#32;attached to this Second Amendment.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NOW, THEREFORE,</font><font style="font-family:inherit;font-size:10pt;">&#32;in consideration of the foregoing Recitals, which are incorporated herein by this reference, the mutual promises and conditions contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Sublandlord and Subtenant hereby agree as follows, as of the Effective Date:</font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Rentable Square Footage</font><font style="font-family:inherit;font-size:10pt;">. The Subleased Premises are reduced to exclude the ROFO Space. Accordingly, the last sentence of Section 1 of the Sublease is hereby deleted in its entirety and replaced with the following:</font></div></td></tr></table><div style="line-height:120