Exhibit 10.2
THIRD AMENDMENT TO LEASE
THIS THIRD AMENDMENT TO LEASE (this “Amendment”) is dated for reference purposes only as of September 21, 2023, and is entered into by and between ZIC 1212 Terra Bella LLC, a Delaware limited liability company (“Lessor”), and IRIDEX CORPORATION, a Delaware corporation (“Lessee”), with regard to the following facts:
RECITALS
NOW, THEREFORE, in consideration of the above promises and mutual covenants, conditions and provisions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
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Time Period |
| Per RSF | RSF | Monthly Base Rent |
|
|
|
|
|
9/1/2024—2/28/2025 |
| $2.99 | 29,830 | $89,867.45 |
3/1/2025—2/28/2026 |
| $3.08 | 29,830 | $91,867.45 |
3/1/2026—8/31/2026 |
| $3.17 | 29,830 | $94,623.47 |
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[Signature Page Follows]
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IN WITNESS WHEREOF, the partied hereto have signed this Amendment as of the day and year first above written.
LESSOR: ZIC 1212 TERRA BELLA LLC, a By: /s/ John Zappettini Name: John Zappettini | LESSEE: IRIDEX CORPORATION, a Delaware limited liability company By: /s/ Patrick Mercer Name: Patrick Mercer |
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