This Commercial Lease is executed October 1, 2008 by and between ROSEVILLE PROPERTIES MANAGEMENT COMPANY ,
a Minnesota corporation, as agent for Commers-Klodt III, a Minnesota general partnership (“Landlord”), and
ENTEROMEDICS, INC., a Delaware corporation (“Tenant”).
“Building” — That certain office/warehouse building on real property located in the City of Roseville, County of Ramsey, State
of Minnesota, containing approximately 55,950 square feet and commonly addressed as 2800-2860 Patton Road, Roseville,
Minnesota 55113 ( See Exhibit A) .
“Demised Premises” —That certain portion of the Building addressed 2800 Patton Road, consisting of approximately 28,388
square feet, as measured from the outside walls of the Demised Premises to the center of the partition wall (see Exhibit B). The
Demised Premises includes a non-exclusive easement for access to Common Areas as defined below, and all licenses and
easements appurtenant to the Demised Premises.
“Common Areas” — The term “Common Area” refers to all areas used non-exclusively by Tenant and other tenants in the
Building, including, but not limited to, corridors, lavatories, driveways, truck docks, parking lots and landscaped areas. Common
Areas are available to Tenant and its employees, agents, customers, and invitees for reasonable use in common with other
tenants, their employees, agents, customers and invitees, subject to reasonable rules and regulations set forth by Landlord.
In consideration for the Base Rent, Additional Rent and any additional consideration outlined in this Lease, Landlord leases to
Tenant the Demised Premises under the following conditions:
1.0 TERM OF LEASE AND POSSESSION:
Landlord gives and Tenant takes possession of Demised Premises for the term (the “Term”) of seven (7) years beginning
October 1, 2008 (the “Commencement Date”) , and ending September 30, 2015 (the “Expiration Date”), unless terminated earlier
as herein provided.
Unless otherwise stated in this