EXHIBIT 10.23
| Hier entsteht Zukunft [The future is shaped here] | Innovations- | |||
| und Gründerzentrum | ||||
| Biotechnologie IZB | ||||
| Martinsried Ÿ Freising | ||||
| Förderges. IZB mbH, Am Klopferspitz 19, 82152 Planegg | ||||
| Pieris AG | [stamp:] RECEIVED | |||
| Lise-Meitner-Straße 30 | 09 May 2011 | |||
| 85354 Freising Weihenstephan | – – – – – – – – – – – – | |||
| Elke Erger Telephone: +49 (89) 70 06 56 70 Fax: +49 (89) 70 06 56 77 E-mail: immo@izb-martinsried.de | ||||
| Martinsried, 05/04/2011 | ||||
Permanent invoice for lease no. 2011-063
2nd supplemental agreement to lease agreement numbers A-0037 and A-0052
Here: Switch to unspecified terms and modification of lease terms and conditions effective
05/01/2011
Ladies and Gentlemen:
As agreed with Dr. Zobel, we hereby modify your lease terms and conditions effective 05/01/2011 as follows:
| Rental account no. 130222 – 1st upper floor units 1.01 to 1.08 – |
approx. m² | €/m² | € | |||||||||
| Office and laboratory spaces including common and functional spaces |
449.60 | 12.50 | 5,620.00 | |||||||||
| Increase in rent payments for the renovation |
0.00 | 0.00 | ||||||||||
| monthly advance payment of ancillary fees (exclusive of heating, hot water and air conditioning) |
449.60 | 4.00 | 1,798.40 | |||||||||
| monthly advance payment for heating, hot water and air conditioning |
449.60 | 1.50 | 674.40 | |||||||||
| Assigned parking spaces |
2 | 40.00 | 80.00 | |||||||||
| Subtotal |
8,172.80 | |||||||||||
| plus value-added-tax |
19 | % | 1,552.83 | |||||||||
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| Total amount |
9,725.63 | |||||||||||
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| Hier entsteht Zukunft [The future is shaped here] | Innovations- | |||
| und Gründerzentrum Biotechnologie IZB Martinsried Ÿ Freising | ||||
| Rental account no. 130251 – 1st upper floor units 1.09 to 1.24 – |
approx. m² | €/m² | € | |||||||||
| Office and laboratory spaces including common and functional spaces |
816.21 | 12.50 | 10,202.63 | |||||||||
| monthly advance payment of ancillary fees (exclusive of heating, hot water and air conditioning) |
816.21 | 4.00 | 3,264.84 | |||||||||
| monthly advance payment for heating, hot water and air conditioning |
816.21 | 1.50 | 1,224.32 | |||||||||
| Assigned parking spaces |
15 | 40.00 | 600.00 | |||||||||
| Subtotal |
15,291.79 | |||||||||||
| plus value-added-tax |
19 | % | 2,905.44 | |||||||||
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| Total amount |
18,197.23 | |||||||||||
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| Rental account no. 130163 – Ground floor unit 0.08 – |
approx. m² | €/m² | € | |||||||||
| Office and laboratory spaces including common and functional spaces |
99.12 | 12.50 | 1,239.00 | |||||||||
| monthly advance payment of ancillary fees (exclusive of heating, hot water and air conditioning) |
99.12 | 4.00 | 396.48 | |||||||||
| monthly advance payment for heating, hot water and air conditioning |
99.12 | 1.50 | 148.68 | |||||||||
| Assigned parking spaces |
0 | 40.00 | 0.00 | |||||||||
| Subtotal |
1,784.16 | |||||||||||
| plus value-added-tax |
19 | % | 338.99 | |||||||||
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| Total amount |
2,123.15 | |||||||||||
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| Managing Director: | Am Klopferspitz 19 | Banking information: | ||
| Dr. Peter Hanns Zobel | 82152 Planegg/Martinsried | Kreissparkasse Munich | ||
| Tel.: +49(0)89/700 65 670 | Routing no. 702 501 50 | |||
| Local Court Munich | Fax: +49(0)89/700 65 677 | Account no. 10 032 233 | ||
| HRB 111930 | office@izb-martinsried.de | Tax ID No. 143/137/60457 | ||
| www.izb-online.de | VAT ID No. DE 177 565 691 |
[photo]
| - 2 - |
| Hier entsteht Zukunft [The future is shaped here] | Innovations- | |||
| und Gründerzentrum Biotechnologie IZB Martinsried Ÿ Freising | ||||
| Rental account no. 130111 – Basement unit no. 1.31 – |
approx. m² | €/m² | € | |||||||||
| Rooms in basement |
26.39 | 9.20 | 242.79 | |||||||||
| monthly advance payment of ancillary fees (exclusive of heating, hot water and air conditioning) |
26.39 | 4.00 | 105.56 | |||||||||
| monthly advance payment for heating, hot water and air conditioning |
26.39 | 1.50 | 39.59 | |||||||||
| Subtotal |
387.94 | |||||||||||
| plus value-added-tax |
19 | % | 73.71 | |||||||||
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| Total amount |
461.65 | |||||||||||
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| Rental account no. 130121 – Basement unit no. 1.33 – |
approx. m² | €/m² | € | |||||||||
| Rooms in basement |
23.43 | 9.20 | 215.54 | |||||||||
| monthly advance payment of ancillary fees (exclusive of heating, hot water and air conditioning) |
23.43 | 4.00 | 93.72 | |||||||||
| monthly advance payment for heating, hot water and air conditioning |
23.43 | 1.50 | 35.15 | |||||||||
| Subtotal |
344.41 | |||||||||||
| plus value-added-tax |
19 | % | 65.44 | |||||||||
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| Total amount |
409.85 | |||||||||||
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| Managing Director: | Am Klopferspitz 19 | Banking information: | ||
| Dr. Peter Hanns Zobel | 82152 Planegg/Martinsried | Kreissparkasse Munich | ||
| Tel.: +49(0)89/700 65 670 | Routing no. 702 501 50 | |||
| Local Court Munich | Fax: +49(0)89/700 65 677 | Account no. 10 032 233 | ||
| HRB 111930 | office@izb-martinsried.de | Tax ID No. 143/137/60457 | ||
| www.izb-online.de | VAT ID No. DE 177 565 691 |
[photo]
| - 3 - |
| Hier entsteht Zukunft [The future is shaped here] | Innovations- | |||
| und Gründerzentrum Biotechnologie IZB Martinsried Ÿ Freising | ||||
Furthermore, in both agreements § 2 (1) will be modified as follows:
The lease agreement will be renewed for an unspecified time. The termination period shall be 8 months prior to the end of any quarter.
The other agreements specified in the Principal Lease Agreements shall remain unaffected by this Agreement.
We kindly ask you to confirm your approval of these changes on the duplicate of this letter and to return this copy to us.
Of course, we are happy to answer any questions you may have.
With kind regards,
| Fördergesellschaft IZB mbH | ||
| /s/ Dr. Peter Hanns Zobel | /s/ Elke Erger | |
| Dr. Peter Hanns Zobel | ppa Elke Erger | |
| Managing Director | Property Management | |
| Managing Director: | Am Klopferspitz 19 | Banking information: | ||
| Dr. Peter Hanns Zobel | 82152 Planegg/Martinsried | Kreissparkasse Munich | ||
| Tel.: +49(0)89/700 65 670 | Routing no. 702 501 50 | |||
| Local Court Munich | Fax: +49(0)89/700 65 677 | Account no. 10 032 233 | ||
| HRB 111930 | office@izb-martinsried.de | Tax ID No. 143/137/60457 | ||
| www.izb-online.de | VAT ID No. DE 177 565 691 |
[photo]
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