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Exagen Inc. – ‘10-Q’ for 9/30/21 – ‘EX-10.2’

On:  Wednesday, 11/10/21, at 5:18pm ET   ·   For:  9/30/21   ·   Accession #:  1274737-21-115   ·   File #:  1-39049

Previous ‘10-Q’:  ‘10-Q’ on 8/9/21 for 6/30/21   ·   Next:  ‘10-Q’ on 5/11/22 for 3/31/22   ·   Latest:  ‘10-Q’ on 5/13/24 for 3/31/24   ·   9 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

11/10/21  Exagen Inc.                       10-Q        9/30/21   67:6.8M

Quarterly Report   —   Form 10-Q

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    692K 
 2: EX-10.1     Material Contract                                   HTML    366K 
 3: EX-10.2     Material Contract                                   HTML     30K 
 4: EX-10.3     Material Contract                                   HTML     22K 
 5: EX-10.4     Material Contract                                   HTML     22K 
 6: EX-10.5     Material Contract                                   HTML     40K 
 7: EX-10.6     Material Contract                                   HTML     31K 
 8: EX-31.1     Certification -- §302 - SOA'02                      HTML     24K 
 9: EX-31.2     Certification -- §302 - SOA'02                      HTML     23K 
10: EX-32.1     Certification -- §906 - SOA'02                      HTML     23K 
17: R1          Cover                                               HTML     73K 
18: R2          Condensed Balance Sheets                            HTML    105K 
19: R3          Condensed Balance Sheets (Parenthetical)            HTML     38K 
20: R4          Unaudited Condensed Statements of Operations        HTML     82K 
21: R5          Unaudited Condensed Statements of Stockholders'     HTML    100K 
                Equity                                                           
22: R6          Unaudited Condensed Statements of Stockholders'     HTML     20K 
                Equity (Parenthetical)                                           
23: R7          Unaudited Statements of Cash Flows                  HTML    108K 
24: R8          Organization                                        HTML     24K 
25: R9          Summary of Significant Accounting Policies          HTML    109K 
26: R10         Other Financial Information                         HTML     51K 
27: R11         Borrowings                                          HTML     38K 
28: R12         Commitment and Contingencies                        HTML     29K 
29: R13         Fair Value Measurements                             HTML     34K 
30: R14         Stockholders' Equity                                HTML     39K 
31: R15         Stock Option Plan                                   HTML     79K 
32: R16         Covid-19                                            HTML     25K 
33: R17         Subsequent Events                                   HTML     23K 
34: R18         Summary of Significant Accounting Policies -        HTML     65K 
                (Policies)                                                       
35: R19         Summary of Significant Accounting Policies -        HTML     94K 
                (Tables)                                                         
36: R20         Other Financial Information - (Tables)              HTML     54K 
37: R21         Borrowings - (Tables)                               HTML     27K 
38: R22         Fair Value Measurements (Tables)                    HTML     33K 
39: R23         Stockholders' Equity (Tables)                       HTML     33K 
40: R24         Stock Option Plan (Tables)                          HTML     86K 
41: R25         Organization - (Details)                            HTML     25K 
42: R26         Summary of Significant Accounting Policies -        HTML     39K 
                Revenue by Major Payers (Details)                                
43: R27         Summary of Significant Accounting Policies -        HTML     84K 
                Narrative (Details)                                              
44: R28         Summary of Significant Accounting Policies -        HTML     35K 
                Disaggregation of Revenue (Details)                              
45: R29         Summary of Significant Accounting Policies - Cash,  HTML     27K 
                cash equivalents and restricted cash (Details)                   
46: R30         Summary of Significant Accounting Policies -        HTML     32K 
                Securities (Details)                                             
47: R31         Other Financial Information - Prepaid expenses      HTML     31K 
                (Details)                                                        
48: R32         Other Financial Information - Property and          HTML     38K 
                equipment (Details)                                              
49: R33         Other Financial Information - Narrative (Details)   HTML     26K 
50: R34         Other Financial Information - Accrued and other     HTML     38K 
                current liabilities (Details)                                    
51: R35         Borrowings - Narrative (Details)                    HTML     53K 
52: R36         Borrowings - Future minimum payments (Details)      HTML     39K 
53: R37         Commitment and Contingencies - Narrative (Details)  HTML     67K 
54: R38         Fair Value Measurements (Details)                   HTML     29K 
55: R39         Stockholders' Equity - Narrative (Details)          HTML     44K 
56: R40         Stockholders' Equity (Details)                      HTML     38K 
57: R41         Stock Option Plan - Narrative (Details)             HTML     41K 
58: R42         Stock Option Plan - Stock Option Activity           HTML     75K 
                (Details)                                                        
59: R43         Stock Option Plan - Restricted Stock Units          HTML     48K 
                (Details)                                                        
60: R44         Stock Option Plan - Fair Value Assumptions          HTML     51K 
                (Details)                                                        
61: R45         Stock Option Plan - Stock-Based Compensation        HTML     29K 
                Expense (Details)                                                
62: R46         Covid-19 (Details)                                  HTML     30K 
63: R47         Subsequent Events - Narrative (Details)             HTML     40K 
65: XML         IDEA XML File -- Filing Summary                      XML    107K 
16: XML         XBRL Instance -- exdx-20210930_htm                   XML   1.45M 
64: EXCEL       IDEA Workbook of Financial Reports                  XLSX     76K 
12: EX-101.CAL  XBRL Calculations -- exdx-20210930_cal               XML    126K 
13: EX-101.DEF  XBRL Definitions -- exdx-20210930_def                XML    500K 
14: EX-101.LAB  XBRL Labels -- exdx-20210930_lab                     XML   1.34M 
15: EX-101.PRE  XBRL Presentations -- exdx-20210930_pre              XML    774K 
11: EX-101.SCH  XBRL Schema -- exdx-20210930                         XSD    127K 
66: JSON        XBRL Instance as JSON Data -- MetaLinks              334±   474K 
67: ZIP         XBRL Zipped Folder -- 0001274737-21-000115-xbrl      Zip    340K 


‘EX-10.2’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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Exhibit 10.2
SECOND AMENDMENT OF LEASE

This Second Amendment of Lease is made on October 11, 2021, between Liberty Vista, a California limited partnership, ("Lessor"), whose address is 1000 Pioneer Way, El Cajon, CA 92020, and Exagen Diagnostics, Inc., ("Lessee"), with reference to 1221 Liberty Way, San Diego, CA 92083 who agree as follows:

1.Recitals. This Second Amendment of Lease is made with reference to the following facts and objectives:
a.Lessor and Lessee entered into a written Lease dated August 15, 2014, as extended February 1, 2018, February 25, 2020, as amended December30, 2020 ("the Lease") in which Lessor leased to Lessee, and Lessee leased from Lessor, premises located in the City of Vista, County of San Diego, California, commonly known as 1221 Liberty Way, Vista, CA 92083, consisting of approximately 19,504 square feet (“Premises”).
b.The term of the Lease expires on January 31, 2026.
c.The parties desire to amend the Lease in the following respect:
2.Extension of Term. The term of the Lease shall be extended for an additional period of one (1) year and three (3) months from and after February 1, 2026, so that the term of the Lease shall extend to and include April 30, 2027.
3.Base Monthly Rent Schedule. Base monthly rent for the current and extended term shall be as follows:
TermBase Rent
Additional Base Rent (Amortized TIA)
Total Base Rent
February 1, 2021 through January 31, 2022$19,000.00 $990.00 $19,990.00 
February 1, 2022 through January 31, 2023$19,600.00 $990.00 $20,590.00 
February 1, 2023 through January 31, 2024$20,200.00 $990.00 $21,190.00 
February 1, 2024 through January 31, 2025$20,800.00 $990.00 $21,790.00 
February 1, 2025 through January 31, 2026$21,400.00 $990.00 $22,390.00 
February 1, 2026 through January 31, 2027$22,470.00 $0.00 $22,470.00 
February 1, 2027 through April 30, 2027$23,594.00 $0.00 $23,594.00 
4.Lessor Ownership Correction. The Lessor of the premises erroneously appeared as “Liberty Vista, a California limited partnership”. The correct Lessor name is "Liberty Vista, LP, a California limited partnership". The Lessor name is hereby corrected throughout the Lease.
5.Lessee Name Change. The Lessee's name shall change from Exagen Diagnostics, Inc., a California corporation to Exagen Inc. a California corporation.
6.Counterparts. The Amendment may be signed by the parties in different counterparts and the signature pages combined shall create a single document binding on all parties. This Amendment may be executed and delivered by the exchange of .pdf or using electronic signature technology (e.g., via DocuSign or similar electronic signature technology), and such signed electronic record shall be valid and bind the party so signing as a such party's hand-written signature for all purposes.
7.Effectiveness of Lease. Except as set forth in this Second Amendment of Lease, all the provisions of the Lease shall remain unchanged and in full force and effect.





LESSOR:LESSEE:
Liberty Vista, LPExagen Inc.
A California Limited PartnershipA Delaware Corporation
By: Hamann Property Management, Inc.
Its Authorized Agent
By: /s/ Brendan ThiessenBy: /s/ Fortunato Ron Rocca
Brendan Thiessen - PresidentFortunato Ron Rocca, President & CEO
Date: 10/13/2021Date: 10/12/2021
By: /s/ Mark Hazeltine
Mark Hazeltine, COO
Date: 10/12/2021



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
4/30/27
2/1/27
1/31/27
2/1/26
1/31/26
2/1/25
1/31/25
2/1/24
1/31/24
2/1/23
1/31/23
2/1/22
1/31/22
Filed on:11/10/218-K
10/11/21
For Period end:9/30/21
2/1/21
2/25/20
2/1/18
8/15/14
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/18/24  Exagen Inc.                       10-K       12/31/23   76:8.9M
 5/04/23  Exagen Inc.                       8-K:1,2,9   4/28/23   11:241K
 3/20/23  Exagen Inc.                       10-K       12/31/22   76:9.1M
 3/22/22  Exagen Inc.                       10-K       12/31/21   73:8.6M                                   Workiva Inc Wde… FA01/FA


5 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/09/21  Exagen Inc.                       10-Q        6/30/21   61:5.8M
 3/22/21  Exagen Inc.                       8-K:5,9     3/22/21    2:276K
 9/23/19  Exagen Inc.                       8-K:5,8,9   9/23/19    3:227K                                   Donnelley … Solutions/FA
 9/09/19  Exagen Inc.                       S-1/A                 12:4.2M                                   Donnelley … Solutions/FA
 8/23/19  Exagen Inc.                       S-1                   51:8.5M                                   Donnelley … Solutions/FA
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Filing Submission 0001274737-21-000115   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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