SEC Contract Filing

Filing Date: 2021-02-09

Document Content:
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<TYPE>EX-10.5
<SEQUENCE>4
<FILENAME>nc10019856x1_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
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 <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">Exhibit 10.5</div>
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 <div style="text-align: center; color: #000000; font-weight: bold;"><u>ENGLISH SUMMARY OF THE TERMS OF A LEASE AGREEMENT</u></div>
 <div style="text-align: center; color: #000000; font-weight: bold;"><u>CONCERNING UNITS AT PATRAS SCIENCE PARK (</u><font style="font-style: italic;"><u>&#917;&#960;&#953;&#963;&#964;&#951;&#956;&#959;&#957;&#953;&#954;&#972;</u></font><font style="font-style: italic;"><u>&#160;</u></font><font style="font-style: italic;"><u>&#928;&#940;&#961;&#954;&#959;</u></font><font style="font-style: italic;"><u>&#160;</u></font><font style="font-style: italic;"><u>&#928;&#945;&#964;&#961;&#974;&#957;</u></font><u>)</u></div>
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 <div style="text-align: justify; color: rgb(0, 0, 0);">between:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Patras Science Park S.A. (<font style="font-style: italic;">&#917;&#960;&#953;&#963;&#964;&#951;&#956;&#959;&#957;&#953;&#954;&#972;</font><font style="font-style: italic;">&#160;</font><font style="font-style: italic;">&#928;&#940;&#961;&#954;&#959;</font><font style="font-style: italic;">&#160;</font><font style="font-style: italic;">&#928;&#945;&#964;&#961;&#974;&#957;</font><font style="font-style: italic;">&#160;</font><font style="font-style: italic;">&#913;</font><font style="font-style: italic;">.</font><font style="font-style: italic;">&#917;</font><font style="font-style: italic;">.)</font></div>
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 <div style="text-align: justify; text-indent: 108pt; color: rgb(0, 0, 0);">Stadiou Street, Platani Rio 26504, Patra, Greece</div>
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 <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; color: rgb(0, 0, 0);">(the &#8220;Lessor&#8221;)</div>
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 <div style="text-align: justify; text-indent: -106.35pt; margin-left: 106.35pt; color: #000000;">and:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Advanced Energy Technologies &#913;.&#917;. (distinctive title &#8220;Advent Technologies A.E.&#8221;)</div>
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 <div style="text-align: justify; text-indent: 108pt; color: #000000;">44 Kifisias Avenue, Marousi &#8211; Attica 15125, Greece</div>
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 <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; color: #000000;">(the &#8220;Lessee&#8221;)</div>
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 <div style="text-align: justify; color: #000000;">Date of the agreement:&#160;As of September 02, 2019 (the &#8220;Original Lease Agreement&#8221;), as amended in writing on November 27, 2019 (the &#8220;Amendment&#8221;) (collectively, the &#8220;Lease Agreement&#8221;).</div>
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 <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Address of the Premises</u></div>
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 <div style="text-align: justify; color: #000000;">The address of the property is: 1.02, 1.04 and 1.09, Floor A, Building A, Patras Science Park, Stadiou Street, Platani Rio 26504, Patra, Greece (the &#8220;Premises&#8221;)</div>
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 <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 1pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Leased area in square meters (gross): 219.20 sq. m. (c. 2,359 sq.
 ft.) in aggregate, being comprised of the following units: </font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
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 <div style="text-align: right; color: #000000; font-style: italic;">1.02, Floor A:</div>
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 <div style="text-align: justify; color: #000000; font-style: italic;">119.60 sq. m. (c. 1,287 sq. ft.)</div>
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 <div style="text-align: right; color: #000000; font-style: italic;">1.04, Floor A:</div>
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 <div style="text-align: justify; color: #000000; font-style: italic;">46.90 sq. m. (c. 505 sq. ft.)</div>
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 <div style="text-align: right; color: #000000; font-style: italic;">1.09, Floor A:</div>
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 <div style="text-align: justify; color: #000000; font-style: italic;">52.70 sq. m. (c. 567 sq. ft.)</div>
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 <div style="text-align: justify; color: #000000;">The Lessor has the right to request unilaterally that the Lessee transfers its installed unit to another area of equal size and managed by the Patras Science Park to serve the park&#8217;s greater needs,
 and the Lessee must comply immediately.</div>
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