Exhibit 10.2
AMENDMENT NO. 2 TO LEASE AGREEMENT
This Amendment No. 2 to the Lease Agreement (this “Amendment”) is entered into and effective as of April 21, 2023 (“Amendment Date”), and is between 1830 Charles Street, LLC, a Maryland limited liability company (“Landlord”) and ZeroFox, Inc., a Delaware corporation (“ZeroFox”).
The parties agree as follows:
TERM. The Term of the Lease is extended to February 28, 2026 (“New Term”).
ANNUAL RENT/MONTHLY RENT. The Rent during the New Term shall be as follows:
Period | Annual Rent | Monthly Rent |
March 1, 2023 – February 29, 2024 | $325,000.00 | $27,083.33 |
March 1, 2024 – February 28, 2025 | $334,750.00 | $27,895.83 |
March 1, 2025 – February 28, 2026 | $344,792.50 | $28,732.71 |
Option Periods | Annual Rent | Monthly Rent |
March 1, 2026 – February 29, 2027 | $355,136.28 | $29,594.69 |
March 1, 2027 – February 28, 2028 | $365,790.36 | $30,482.53 |
Any termination, cancellation or surrender of the entire interest of Tenant under the Lease at any time shall terminate any right of renewal of Tenant hereunder.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of Amendment Date.
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Landlord: 1830 Charles Street, LLC:
By:/s/ James C. Foster
Name: James C. Foster
Tenant: ZeroFox, Inc.
By: /s/ Tim Bender
Name: Tim Bender
Title: Chief Financial Officer
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