EX-10.9.2 8 ex10-9_2.htm

Exhibit 10.9.2

AMENDMENT #2

TO

LEASE

That certain Lease with a Commencement Date of February 1, 2018 between YESCO Properties; LLC, a Utah Limited Liability Company (“Landlord”) and Co-Diagnostics, Inc., a Utah Corporation (“Tenant”) (the “Lease”) as amended by that First Lease Addendum dated June 5, 2018, and Amendment to Lease #1 dated March 26, 2020 (Amendment #1) is by this Amendment #2 to the Lease (this “Amendment”) modified. This Amendment is dated May 26; 2020. Capitalized terms not defined in this Addendum shall have the meaning as set forth in the Lease. Notwithstanding any provision of the Lease to the contrary, the following provisions control:

Additional Space: Commencing on June 1, 2020 and until August 31, 2020, Tenant agrees to rent additional space as described on Exhibit A. Rent will increase $1860.37 a month.

Basic Monthly Rent included in Amendment #1 and this Amendment:

Period |  | Rentable Square Feet |  |  | Basic Monthly Rent |  |  | Less: Monthly Settlement Discount |  |  | Monthly Amount Due |
March l, 2020 |  | Through |  | March 31, 2020 |  |  | 10,213 |  |  | $ | 19,689.92 |  |  | ($ | 1,822.92 | ) |  | $ | 17,867.00 |
April 1, 2020 |  | Through |  | February 28, 2021 |  |  | 13,687 |  |  | $ | 24,900.92 |  |  | ($ | 1,822.92 | ) |  | $ | 23,078.00 |
June 1, 2020 |  | Through |  | August 31, 2020 |  |  | 14,658 |  |  | $ | 26,761.29 |  |  | ($ | 1,822.92 | ) |  | $ | 24,938.37 |
September 1, 2020 |  | Through |  | February 28, 2021 |  |  | 13,687 |  |  | $ | 24,900.92 |  |  | ($ | 1,822.92 | ) |  | $ | 23,078.00 |
March l, 2021 |  | Through |  | February 28, 2022 |  |  | 13,687 |  |  | $ | 25,647.95 |  |  | ($ | 1,822.92 | ) |  | $ | 23,825.03 |
March I, 2022 |  | Through |  | February 28, 2023 |  |  | 13,687 |  |  | $ | 26,417.39 |  |  | ($ | 1,822.92 | ) |  | $ | 24,594.47 |
March 1, 2023 |  | Through |  | February 29, 2024 |  |  | 13,687 |  |  | $ | 27,209.91 |  |  | ($ | 1,822.92 | ) |  | $ | 25,386.99 |

Except as modified by this Amendment, the Lease and Amendment #1 remain in full force and effect.

Co-Diagnostics, Inc., a Utah Corporation |  | YESCO Properties, LLC
By: |  |  | By: |

Title: |  |  | Title: |

Date Signed: |  |  | Date Signed: |