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10-K
Feb 25, 4:11 PM ET
QuantumScape Corp 10-K
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Contents
21
Period
Monthly Base Rent
December 1, 2025 – November 30, 2026*
$72,000.00
December 1, 2026 – May 31, 2027
$74,100.00
June 1, 2027 – November 30, 2027
$151,039.20
December 1, 2027 – November 30, 2028
$155,570.38
December 1, 2028 – November 30, 2029
$160,237.49
December 1, 2029 – November 30, 2030
$165,044.61
December 1, 2030- November 30, 2031
$169,995.95
December 1, 2031- September 30, 2032
$175,095.83
* Subject to abatement as set forth in Paragraph 4.D below.
Base Rent and Additional Rent, as defined in Paragraph 4.B below, shall be paid on or before the first (1st) day of each month. Base Rent and Additional Rent for any period during the Term hereof which is for less than one (1) month of the Term shall be a pro rata portion of the monthly installment based on a thirty (30) day month. Base Rent and Additional Rent shall be payable without notice or demand and without any deduction, offset, or abatement, in lawful money of the United States of America. Base Rent and Additional Rent shall be paid directly to Sublessor at 1730 Technology Drive, San Jose, CA 95110, Attention: Accounts Receivable, or such other address or pursuant to wiring instructions as may be designated in writing by Sublessor.
Notwithstanding the foregoing, the following provisions of the Master Lease shall not be incorporated herein: