Exhibit 10.2

 

Exhibit C

 

Lease Amendment

 

This is an amendment to the Standard Industrial/Commercial lease agreement for property at 354 W. Gardena Blvd, Carson, CA. 90248 between 354 W. Gardena, LLC, Lessor, and Polar Power, Inc., Lessee.

 

  A. Delay in possession: Lessor needs more time to make property available for lessee. Delay in possession requires the following amendments:

 

    a. Commencement Date: The new commencement date shall be _August 21, 2018_ and the new termination date August 31, 2023.
    b. The prorated rent from August _21_, 2018 to August 31, 2018 shall be $8,103.95_. Calculated at ($22,838.40/31) x 11__ days.
    c. Lessor grants lessee a credit of $11,419.20 to be applied as a reduction of rent for each of the following months:

 

      i. October 2018.
      ii. November 2018.

 

    d. Lessor grants lessee a credit of $11,761.78 to be applied as a reduction of rent for each of the following months:

 

      i. September 2019.
      ii. October 2019.

 

Read and agreed to by representatives of each party:

 

/s/ Marlene Alter 8/20/18   /s/ Luis Zavala 8/20/18
Marlene Alter, Lessor Date   Luis Zavala, Lessee Date
     

End of Exhibit C