Exhibit 10.19
SECOND AMENDMENT TO LEASE
This Second Amendment to Lease (this “Amendment”) is made and entered into as of December 20, 2022, by and between Fabric 2656 State, LLC, a California limited liability company (“Lessor”), and TYRA Biosciences, Inc., a Delaware corporation (“Lessee”).
RECITALS
AGREEMENT
NOW, THEREFORE, incorporating the foregoing recitals, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lessor and Lessee hereby agree as follows:
August 1, 2022 – July 30, 2023: $24,672.66 per month.
August 1, 2023 – July 30, 2024: $25,412.84 per month.
August 1, 2024 – July 30, 2025: $26,175.23 per month.
August 1, 2025 – July 30, 2026: $26,960.48 per month.
August 1, 2026 – July 30, 2027: $27,769.30 per month
August 1, 2027 – July 30, 2028: $28,602.38 per month
August 1, 2028 – July 30, 2029: $29,460.45 per month
August 1, 2029 – July 30, 2030: $30,334.26 per month
August 1, 2030 – July 30, 2031: $31,254.59 per month
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August 1, 2031 – July 30, 2032: $32,192.23 per month
August 1, 2032 – March 30, 2033: $33,157.99 per month*
(*Base Rent schedule is subject to the actual “Commencement Date” under the 2676 State Street Lease as further set forth in First Amendment to Lease Section 1, with any additional term beyond those listed above subject to the same formula used to calculate the above adjustments to Base Rent, i.e., fixed three percent (3%) increases over the previous year’s Base Rent shall continue annually.)
[Signature Page Follows]
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IN WITNESS WHEREOF, this Amendment is executed as of the date first written above.
LESSOR:
FABRIC 2656 STATE, LLC,
a California limited liability company
By: /s/ Brendan Foote
Name: Brendan Foote
Title: Managing Member
LESSEE:
TYRA BIOSCIENCES, INC.,
a Delaware corporation
By: /s/ Todd Harris
Name: Todd Harris
Title: CEO
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