Exhibit 10.32
COMMERCIAL LEASE AMENDMENT
USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®, INC. IS NOT AUTHORIZED.
©Texas Association of REALTORS®, Inc. 2022
AMENDMENT TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED PARTIES CONCERNING
THE LEASED PREMISES AT 505 S Friendswood Dr 313, Friendswood, TX 77546
______________________________________________________________________________________
Effective on 1-1-2023 , Landlord and Tenant amend the above-referenced lease as follows.
☒ A. Leased Premises: The suite or unit number identified in Paragraph 2A(1) is:
☐ (1) changed to_______________.
☒ (2) contains approximately adding Additional 3003 rentable square feet ("rsf").
☐ B. Term:
☐ (1) The length of the term stated in Paragraph 3A is changed to ______ months and _______ days.
☐ (2) The Commencement Date stated in Paragraph 3A is changed to ________________________.
☐ (3) The Expiration Date stated in Paragraph 3A is changed to _____________________________.
☒ C. Rent: The amount of the base monthly rent specified in Paragraph 4A is changed to:
| | | | | | | | | | | | | | | | | | | | |
| $ | 6,006.00 | | from | 1-1-2023 | to | 07/31/2025 | ; |
| $ | | from | | to | | ; |
| $ | | from | | to | | ; |
| $ | | from | | to | | ; |
| $ | | from | | to | | ; |
| $ | | from | | to | | . |
☐ D. Security Deposit: The amount of the security deposit in Paragraph 5 is changed to
$ .
☐ E. Maintenance and Repairs: The following item(s) specified in the identified subparagraph of Paragraph 15C will be maintained by the party designated below:
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| Para. No. | | Description | | Responsible Party |
| | | | ☐ | N/A | ☐ | Landlord | ☐ | Tenant |
| | | | ☐ | N/A | ☐ | Landlord | ☐ | Tenant |
| | | | ☐ | N/A | ☐ | Landlord | ☐ | Tenant |
| | | | ☐ | N/A | ☐ | Landlord | ☐ | Tenant |
| | | | ☐ | N/A | ☐ | Landlord | ☐ | Tenant |
☐ F. Parking:
☐ (1) Common Parking: The number of vehicles identified in Paragraph A(1) of the Commercial Lease Addendum for Parking (TXR-2107) is changed ______________ to vehicles.
(TXR-2114) 07-08-22 Initialed for Identification by Landlord: /s/ LT , ____ , and Tenant: /s/ FS , ____ Page 1 of 2
UTR Texas Realtors Commercial, 1700 El Camino Real # 107 Houston TX 77058 Phone: 713-922-7701 Fax: 281-282-0945 505 S Friendswood
Sharon P Rowsey Produced with Lone Wolf Transactions (zipFrom Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com
Commercial Lease Amendment concerning 505 S Friendswood Dr 313, Friendswood, TX 77546
☐ (2) Restricted Common Parking for Tenants: The number of vehicles identified in Paragraph A(2) of the Commercial Lease Addendum for Parking (TXR-2107) is changed to ________________________ vehicles.
☐ (3) Assigned Parking: Tenant's assigned parking areas identified in Paragraph A(3) of the Commercial Lease Addendum for Parking (TXR-2107) is changed to __________________________________
_______________________________________________________________________________
_______________________________________________________________________________
______________________________________________________________________________.
☐ (4) Parking Rental: The amount of rent identified in Paragraph B of the Commercial Lease Addendum for Parking (TXR-2107) is changed to $______________________________________________.
☐ G. Counterparts: If this amendment is executed in a number of identical counterparts, each counterpart is an original and all counterparts, collectively, constitute one agreement.
☒ H. Other: Paragraph(s) _________________ are changed to read (cite specific paragraphs and copy the applicable paragraphs verbatim, making any necessary changes):
Suite # 313 - 3003 SF of built out space, is being added to the Castle Bioscience Main lease executed 12/17/2019, all Castle Bioscience expiration dates, will expire as stated in the main lease . All other terms and conditions will remain in effect, including these items but not limited to: additional rental rate of $24.00 SF plus NNN (Tax, common area and Insurance) for Suite 313 including its Metered electric. END.
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| Landlord: | Tannos Land Holding III LLC | | Tenant: | Castle Biosciences, Inc. |
| By: | | | | | | | | By: | Frank Stokes | | |
| By (signature): | /s/ Louis Tannos | | | By (signature): | /s/ Frank Stokes |
| Printed Name: | Louis Tannos | | | Printed Name: | |
| Title: | President | Date: | 12-15-22 | | | Title: | CFO | Date: | 12-14-22 |
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| By: | | | | | | | | By: | | | | |
| By (signature): | | | | By (signature): | |
| Printed Name: | | | | Printed Name: | |
| Title: | | | Date: | | | | Title: | | | Date: | |
(TXR-2114) 07-08-22 Page 2 of 2
UTR Texas Realtors Commercial, 1700 El Camino Real # 107 Houston TX 77058 Phone: 713-922-7701 Fax: 281-282-0945 505 S Friendswood
Sharon P Rowsey Produced with Lone Wolf Transactions (zipFrom Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com