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1 <br /> <br />LEASE AMENDMENT NO. 1 <br /> <br /> <br />This Amendment to Lease (“Amendment”) is effective as of the effective date stated <br />below, and is between the City of Everett, a Washington municipal corporation (the “Landlord” <br />or “City”), and the person identified as the Tenant below (“Tenant”). The Landlord and Tenant <br />are parties to the Lease described below, as may be previously amended ("Lease"). In <br />consideration of the covenants, terms and conditions set forth below, and for good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, the Landlord and <br />Tenant agree to amend the Lease as set forth below: <br /> <br />Tenant <br />NW Innovation Resource Center, a Washington non-profit corporation <br />2200 Rimland Dr, Suite 210 <br />Bellingham, WA 98226 <br />dkamionka@nwirc.com <br />Original Lease <br />Date 6/8/2021 <br />Effective Date <br />of this <br />Amendment <br />10/1/2025 <br /> <br /> <br />LEASE AMENDMENTS <br />Lease Term <br />Extension <br />If this Amendment extends the Lease Term, enter the new end date of <br />the Lease Term: June 30, 2027. <br />New Base Rent $1,750.00 + leasehold tax <br />Additional <br />Amendments <br />1. BASIC LEASE PROVISIONS <br /> <br />The Basic Lease Provisions below are hereby replaced in their <br />entirety as follows: <br /> <br />Leased Premises - Office space on the second floor consisting of <br />approximately 2,000 square feet of office space, as shown on <br />Exhibit A, attached hereto. <br /> <br />Extension Term – Tenant shall have the option to extend the Lease <br />for one additional term of two (2) years, provided Tenant is not in