FIRST AMENDMENT TO LEASE
This FIRST AMENDMENT TO LEASE (this "First Amendment") is made and entered into as of this
4th day of May, 2007, by and between 300 W. FAYETTE STREET, LLC (hereinafter, the "Landlord") and
BASI MARYLAND, INC. (hereinafter, the "Tenant").
Landlord and Tenant entered into a Lease Agreement fully executed on the 7 th day of
December 2004, which is scheduled to terminate on January 4, 2008 (the "Lease").
The parties wish to reduce the size of the Premises by returning the seventh (7 th floor to
Landlord, and by providing permission to Landlord to relet floors 4, 5 and 6 of the Premises.
NOW, THEREFORE , in consideration of the mutual covenants contained herein and intending to be
legally bound, the parties hereto covenant and agree as follows:
Effective on the day after the lease between Landlord and Bioanalytical Systems Inc. for
space in 300-306 West Fayette Street, Baltimore, Maryland 21201, is fully executed (the "Effective Date"), the
seventh (7 th floor), consisting of an agreed upon amount of seven thousand two hundred thirty-one (7,231)
rentable square feet shall be removed from the Premises. The seventh (7 th ) floor shall be returned to Landlord in
the condition described in Section 6 of the Lease. As of the Effective Date, the total monthly rental shall be
reduced by Four Thousand Eight Hundred Twenty Dollars and Sixty-seven Cents ($4,820.67) to the new total
monthly rental of Sixty-two Thousand Five Hundred Twelve Dollars and Sixty-six Cents ($62,512.66) and
Tenant's Proportionate Share shall be adjusted in accordance with the Lease.
In order to accommodate Tenant's desire to reduce the size of its Premises, Tenant agrees to
vacate any or all of its Premises located on floors 4, 5 and 6 of the Building upon thirty (30) days notice from
Landlord, and to leave the designated space in the condition described in Section 6 of the Lease. Tenant
understands and agrees that Landlord will be marketing