Exhibit 10.2
FIRST AMENDMENT TO LEASE AGREEMENT
THIS FIRST AMENDMENT TO LEASE AGREEMENT (this “First Amendment”) is made as of August 20, 2025, but made retroactively effective as of February 25, 2025 (the “First Amendment Effective Date”), by and between 611 GATEWAY CENTER LP, a Delaware limited partnership (“Landlord”), and RIGEL PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”).
RECITALS
A.Landlord and Tenant are parties to that certain Lease Agreement dated as of February 25, 2025 (the “Lease”). Pursuant to the Lease, Tenant leases certain premises containing approximately 13,670 rentable square feet, commonly known as Suite 900, in that certain building located at 611 Gateway Boulevard, South San Francisco, California, as more particularly described in the Lease. Capitalized terms used herein without definition shall have the meanings defined for such terms in the Lease.
B.Landlord and Tenant desire to amend the Lease to correct certain clerical errors relating to the rentable square footages of the Building and the Project.
NOW, THEREFORE, Landlord and Tenant hereby agree as follows:
| 1. | Recitals. The foregoing recitals are hereby incorporated into this First Amendment. |
| 2. | Definitions. The definitions of “Rentable Area of Building,” “Rentable Area of Project,” “Tenant’s Share of Operating Expenses of Building,” and “Building’s Share of Operating Expenses of Project” set forth in the Basic Lease Provisions on page 1 of the Lease are hereby deleted in their entirety and replaced with the following: |
“Rentable Area of Building:258,337 sq. ft.”
“Rentable Area of Project:1,350,434 sq. ft.”
“Tenant’s Share of Operating Expenses of Building: 5.29%”
“Building’s Share of Operating Expenses of Project: 19.13%”
| 3. | Miscellaneous. |
[Signatures are on the next page.]
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