Exhibit 10.1
SEVENTH AMENDMENT TO LEASE
THIS SEVENTH AMENDMENT TO LEASE (“Amendment”) is dated May 20th, 2025 (“Effective Date”), by and between TCI TT, LLC, a Delaware limited liability company (“Landlord”), and CVRx, Inc., a Delaware corporation (“Tenant”).
A.Landlord, as successor in interest to Duke Realty Limited Partnership, and Tenant are the current parties to that certain Lease dated October 13, 2008 (“Original Lease”), as amended by that certain First Lease Amendment dated November 30, 2010 (“First Amendment”), as further amended by that certain Second Lease Amendment dated October 22, 2012 (“Second Amendment”), as further amended by that certain Lease Amending Agreement No. 3 dated May 20, 2016 (“Third Amendment”), as further amended by that certain Lease Amending Agreement No. 4 dated May 18, 2020 (“Fourth Amendment”), as further amended by that certain Fifth Amendment to Lease dated April 21, 2023 (“Fifth Amendment”), and as further amended by that certain Sixth Amendment to Lease dated November 7, 2023 (“Sixth Amendment”) (the Original Lease, First Amendment, Second Amendment, Third Amendment, Fourth Amendment, Fifth Amendment and Sixth Amendment are hereinafter collectively referred to as the “Lease”), for the lease by Tenant of Suites 615 and 660 located at 9201 West Broadway, Brooklyn Park, Minnesota 55445, consisting of approximately 31,505 rentable square feet, as more particularly described in the Lease (“Current Premises”).
B.Landlord and Tenant desire to amend the Lease to provide for an expansion of the Current Premises, and to make certain other specific modifications to the Lease, upon the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the foregoing and the mutual covenants hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
1.Capitalized Terms. All capitalized terms in this Amendment have the same meaning defined in the Lease, except where expressly defined to the contrary in this Amendment.
2.Confirmation. Tenant acknowledges and agrees that: (a) Tenant is in sole possession of the Current Premises demised under the Lease; (b) all work, improvements and furnishings required by Landlord under the Lease for the Current Premises have been completed and accepted by Tenant; (c) Tenant has no offset, claim, recoupment, or defense against the payment of rent or other sums and the performance of all obligations of Tenant under the Lease; (d) the Lease is binding on Tenant and is in full force and effect, and Tenant has no defenses to the enforcement of the Lease; (e) Tenant has not assigned the Lease, or sublet the Current Premises; and (f) Tenant is not in default of the Lease and Tenant acknowledges that Landlord is not in default of the Lease.
3.Expansion of Premises. Commencing on June 1, 2025 (“Expansion Date”), Landlord leases to Tenant and Tenant takes from Landlord the addition of approximately 3,678 rentable square feet of space, which is depicted in purple on Exhibit A attached hereto (“Expansion Premises”). If, for any reason, Landlord is unable to deliver possession of the Expansion Premises on the Expansion Date, Landlord shall not be liable for any damage caused thereby, nor shall this Amendment be void or voidable, but, rather, the Expansion Premises Term shall commence upon,
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