|AUDENTES THERAPEUTICS, INC. filed this Form 10-K on 03/13/2017|
This Work Letter is to set forth:
(i)how the Alterations in the Premises are to be constructed;
(ii)who will undertake the construction of the Alterations; and
(iii)who will pay for the construction of the Alterations.
Except as defined in this Work Letter to the contrary, all terms utilized in this Work Letter will have the same meaning ascribed to them in the Lease. When work, services, consents or approvals are to be provided by or on behalf of Lessor, the term “Lessor” will include Lessor’s agents, contractors, employees and affiliates.
(A)Lessee’s Work. Lessee shall be responsible for the construction of all Alterations, subject to the terms and conditions hereinafter provided:
(1)Base Building Plans. The Parties acknowledge that Lessor may not have base building plans (“Base Building Plans”) and that any plans should be obtained by Lessee’s predecessor in interest.
(2)Plans and Specifications.
(a) Lessee will give Lessor at least thirty (30) days prior written notice of its intent to submit Plans for Alterations to Lessor, which notice will provide a summary of the planned Alterations so that Lessor can notify its design professionals and engineers of the up-coming need for their services.
(b)Lessee shall cause to be prepared and delivered to Lessor by reputable and qualified architects and engineers (who shall be approved by Lessor, which approval will not be unreasonably withheld, conditioned or delayed), the following plans and specifications (“Plans”) for all Alterations Lessee desires to have in the Premises (“Lessee’s Work”):
(i)Architectural drawings (consisting of floor construction plan, ceiling lighting and layout, power, and telephone plan).
(ii)Mechanical drawings (consisting of ventilating and cooling systems, electrical, telephone, cabling and plumbing).
(iii)Finish drawings and schedule (consisting of wall finishes and floor finishes and miscellaneous details).