OTHER INFORMATION.
−Removed: Item 1.01 Entry into a Material Definitive Agreement.
−Removed: Second Amendment to NantWorks Facility License Agreement
−Removed: On May 6, 2022, we amended our facility license agreement with NantWorks, a related party, to expand the licensed premises by 36,830 rentable square feet to an aggregate total of 46,330 rentable square feet.
−Removed: Effective May 1, 2022, the license fee is approximately $273,700 per month, which is subject to a 3% increase commencing on January 1 of each year.
−Removed: The space continues to be rented on a month-to-month basis, which can be terminated by either party with at least 30 days’ prior written notice to the other party.
−Removed: 23 Alaska, LLC Lease Agreement
−Removed: On May 6, 2022, we entered into a lease agreement with 23 Alaska, LLC, a related party, for a 47,265 rentable square foot facility located at 2335 Alaska Ave., El Segundo, California, to be used primarily for pharmaceutical development and manufacturing, research and development, and office space.
−Removed: Under the terms of the agreement, the lease term begins on May 1, 2022 and expires on April 30, 2027.
−Removed: The base rent is approximately $139,400 per month with an annual increase of 3% on May 1 of each year beginning in 2023 during the initial term.
−Removed: We will receive a rent abatement for the second through sixth month of the lease.
−Removed: We are also required to pay $7,600 per month for parking during the initial term and extension term, if exercised.
−Removed: The company is responsible for the payment of real property taxes, repairs and maintenance, improvements, insurance, and operating expenses during the term of the lease.
−Removed: The company is responsible for the costs associated with the build-out of the premises and will received a one-time tenant improvement allowance of $945,300 from the landlord.
−Removed: The company has an option to extend the lease term for one additional consecutive five-year period.
−Removed: At the beginning of the option term, the initial monthly base rent will be adjusted to market rent (as defined in the lease agreement) with an annual increase of 3% during the option term.
−Removed: The above description of the second amendment to NantWorks facility license agreement and 23 Alaska, LLC lease agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the respective agreements.
−Removed: Copies of both agreements will be filed with the SEC as exhibits to our Quarterly Report on Form 10-Q for the quarter ending June 30, 2022.
The documents listed below are incorporated by reference or are filed with this Quarterly Report, in each case as indicated therein (numbered in accordance with Item 601 of Regulation S‑K).
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with the SEC on January 12, 2022).
−Removed: 10.2* Fort Schuyler Management Corporation Lease, effective as of October 1, 2021, between Fort Schuyler Management Corporation, as Landlord, and Athenex, Inc., as Tenant.
−Removed: 10.3* First Amendment to Lease, effective as of February 14, 2022, by and among Fort Schuyler Management Corporation and Immunity, Bio, Inc.
+Added: 10.2 Fort Schuyler Management Corporation Lease, effective as of October 1, 2021, between Fort Schuyler
+Added: Management Corporation, as Landlord, and Athenex, Inc., as Tenant ( inco rpor a ted by reference to
+Added: Exhibit 10.2 to the company ’ s Qua rterly R eport on Form 10-Q filed with the SEC on May 10, 2022) .
+Added: 10.3 First Amendment to Lease, effective as of February 14, 2022, by and among Fort Schuyler Management
+Added: Corporation and Immunity, Bio, Inc.
+Added: (incorporated by reference to Exhibit 10.3 to the company's
+Added: Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022).
+Added: 10.4* Second Amendment to Facility License Agreement, effective as of May 1, 2022, by and between NantWorks, LLC, the Licensor, and ImmunityBio, Inc., the Licensee.
+Added: 10.5* Industrial/Commercial Lease Agreement dated May 1, 2022 by and between 23 Alaska, LLC and ImmunityBio, Inc.
+Added: 10.6* First Amendment to Lease dated July 16, 2015 by and between ARE-JOHN HOPKINS COURT, LLC and Conkwest, Inc.
+Added: 10.7* Second Amendment to Lease effective as of June 18, 2016 by and between ARE-JOHN HOPKINS COURT, LLC and NantKwest, Inc., fka Conkwest, Inc.
+Added: 10.8* Third Amendment to Lease dated April 12, 2022 by and between ARE-JOHN HOPKINS COURT, LLC and ImmunityBio, Inc.
+Added: 10.9* Lease Termination Agreement effective May 31, 2022 by and between ImmunityBio, Inc.
+Added: and 557 Doug St., LLC.
31.1* Rule 13a-14(a) / 15(d)-14(a) Certification of Principal Executive Officer.
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IMMUNITYBIO, INC.
+Added: August 8, 2022
/s/ Richard Adcock
2 unchanged sentences
(Principal Executive Officer)
+Added: August 8, 2022
Chief Financial Officer
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.