Exhibit 10.11
Amendment to the
Commercial Lease
between: | IBM Immobilien GbR |
| Gaisbergstrasse 21 |
| 94469 Deggendorf, Germany |
| - Landlord - |
|
|
and: | congatecAG |
| Auwiesenstrasse 5 |
| 94469 Deggendorf, Germany |
| - Tenant - |
For the following building: Auwiesenstrasse 5 94469 Deggendorf Germany
As an amendment to the Commercial Lease dated 12/31/2004 including modifications/amendments thereof dated 12/31/2004, 12/28/2006, 01/01/2009 and 01/20/2009 and the Amendment dated 12/15/2012, the following shall be agreed:
From 09/01/2013, commercial unit 2 shall be rented in addition on the first floor.
In the Amendment to the Commercial Lease dated 12/15/12, this space was already listed optionally in item 5 (but not charged).
In the last Amendment it was also mentioned that the installment for operating costs would be adjusted after accounting for 2012.
Thus, from 09/01/2013, the following rental payment shall apply:
Item |
| Rented space/description |
| m² |
| Rent / m² |
| Total rent |
| Total |
1 |
| Second floor- Commercial unit 1 part 1 |
| 616.07 |
| 7.00 € |
| 4,312.49 € |
|
|
2 |
| Second floor- Commercial unit 1 part 2 |
| 283.43 |
| 7.00 € |
| 1,984.01 € |
|
|
3 |
| First floor- Commercial unit 1 part 3 |
| 73.37 |
| 6.00 € |
| 440.22 € |
|
|
4 |
| First floor- Commercial unit 1 part 4 |
| 62.29 |
| 7.00 € |
| 436.03 € |
|
|
|
| Total commercial unit 1 |
|
|
|
|
| 7,172.75 € |
| 7,172.75 € |
|
|
|
|
|
|
|
|
|
|
|
5 |
| First floor - Commercial unit 2 |
| 155.17 |
| 4.00 € |
| 620.68 € |
| 620.68 € |
6 |
| Underground parking garage - Lump sum rent |
|
|
|
|
| 1,000.00 € |
| 1,000.00 € |
|
|
|
|
|
|
|
|
|
|
|
|
| Net rent |
|
|
|
|
|
|
| 8,793.43 € |
7 |
| Monthly operating costs installment |
|
|
|
|
|
|
| 1,650.00 € |
|
|
|
|
|
|
|
|
|
|
|
|
| Total net payment |
|
|
|
|
|
|
| 10,443.43 € |
|
| 19% VAT |
|
|
|
|
|
|
| 1,984..25 € |
|
|
|
|
|
|
|
|
|
|
|
|
| Monthly gross payment |
|
|
|
|
|
|
| 12,427.68 € |
All other provisions of the Commercial Lease dated 12/31/2004 and its Amendments shall remain unaffected.
Deggendorf, 7/17/2013
/s/ Heinz Iglhaut |
| /s/ Gerhard Edi |
|
|
|
IM Immobilien GbR |
| congatec AG |
|
|
|
- Landlord — Heinz Iglhaut |
| Tenant — Gerhard Edi |
