Item
1.01. Entry into a Material Definitive Agreement
Lease Agreement
On
February 21, 2019, Support.com, Inc. (“Company”)
executed an Extension of Lease Agreement (“Lease
Extension”) with Mariposa Building, LLC
(“Landlady”) extending the term of a certain existing
Lease Agreement between the Company and Landlady dated February 1,
2016 (“Lease”) to lease approximately 1,800 square feet
of office space located at 685 S. Arthur Avenue, Suite 12C,
Louisville, Colorado 80027. The Lease Extension extends the current
lease term to January 31, 2020 (“Extension Term”) and
will automatically renew for additional one (1) year terms unless
either party has given a written notice not to renew not less than
three (3) months prior to the renewal date. The Lease Extension
provides for a monthly base rent of $2,595 for the Extension
Term.
The
foregoing description of the material terms of the Lease Extension
is qualified in its entirety by the full terms of the Lease
Extension (which is attached hereto as Exhibit 10.1).