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©2017AIRCRE. AllRightsReserved. LastEdited:2/16/202410:30AM ATL-1.02,Revised10-22-2020 Page1 of2
1st AMENDMENTTO LEASE
THISAMENDMENT TOLEASE ismadeand enteredinto asof Februray 27, 2024 ,byand between City of Garden Grove ("Lessor")assuccessor-in-interesttoLTPropertiesCompany,aCaliforniaLimitedPartnership("OriginalLessor") and Strive Health, LLC ("Lessee").
WHEREAS,on orabout December 8, 2022 aLease wasentered intoby andbetweenOriginal Lessor andLessee relaƟngtocertain realproperty commonlyknown as(street address,city,state, zip): 12966 Euclid Street, Suite 110, Garden Grove, CA 92840 (the "Premises"),and
WHEREAS,Lessor andLessee have have notpreviouslyamended saidLease, and WHEREAS,the Lessorand Lesseenowdesire toamend saidLease, NOW,THEREFORE, forpayment ofTENDOLLARS andother goodand valuable consideraƟonto Lessor,the receiptand sufficiency ofwhich isherebyacknowledged, the parƟes mutuallyagree tomakethe following addiƟons and modificaƟons totheLease:
TERM: The ExpiraƟon Dateishereby advanced extendedto February 28, 2025 (the "Expiration Date") .
AGREEDUSE: The AgreedUseis hereby modified to: .
BASERENT ADJUSTMENT: MonthlyBaseRentshallbe asfollows: Effective March 1, 2024 the monthly Base Rent due shall be $1,246.50 per month through the expiration date of February 28, 2025 .
OTHER: Premises: The Premises for the new Term shall be Suite 525, located on the 5th floor of the building consisting of approximately 554 rentable square feet in its current as-is condition. Lessee shall have access to suite 525 beginning February 28, 2024 for the purpose of installing furniture, fixtures and equipment. Lessee shall vacate suite 110 entirely no later than March 15, 2024 and leave it in “broom clean” condition free of any damage
Taxes: Lessor is a municipality exempt from property taxation. However, Revenue and Taxation Code 107 and 107.6 create a possessory tax assessed upon tenants based on the leasehold interest in Lessor’s property. Lessor will endeavor to have all tax bills delivered to Lessor and Lessor will pay tax bills assessed upon Tenant’s leasehold interest. In the event that the County Assessor delivers the tax bill to Tenant, Tenant agrees to remit the tax bill to Lessor for payment.
Brokerage Representation: Landlord and Tenant acknowledge that CBRE represents the Landlord ("Landlord's Broker") and Cresa Global, Inc. represents the Tenant ("Tenant's Broker")and both parties consent thereto .
ThisAmendment shallnot beconstruedagainst theparty preparingit, butshallbe construedas ifall parƟes jointlyprepared thisAmendmentand anyuncertainty and ambiguityshall notbe interpretedagainstany oneparty. Signatures tothisAmendment accomplishedby meansofelectronic signatureor similartechnologyshall be legaland binding.
Allother termsand condiƟons ofthis Leaseshall remainunchanged andshall conƟnue infull forceand effect exceptas specificallyamendedherein.
EXECUTEDas ofthe dayandyear firstabove wriƩen.
ByLessor:
City of Garden Grove
By:
NamePrinted:
Title:
Phone:
Fax:
ByLessee:
Strive Health, LLC
By:
NamePrinted: Aaron Molitor
Title: President and COO
Phone:
Fax:
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INITIALS INITIALS
©2017AIRCRE. AllRightsReserved. LastEdited:2/16/202410:30AM ATL-1.02,Revised10-22-2020 Page2 of2
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