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FIRST AMENDMENT TO BUSINESS ASSISTANCE AGREEMENT FOR QUICKSILVER SCIENTIFIC, INC. IN THE CITY OF LOUISVILLE THIS FIRST AMENDMENT TO BUSINESS ASSISTANCE AGREEMENT FOR QUICKSILVER SCIENTIFIC, INC. IN THE CITY OF LOUISVILLE ("First Amendment") is made and entered into as of the 16th day of March 2021, between the CITY OF LOUISVILLE, a Colorado home rule municipal corporation (the "City"), and QUICKSILVER SCIENTIFIC, INC. (the "Company"), a Delaware corporation. WHEREAS, by Resolution No. 8, Series 2019, the City Council approved a Business Assistance Agreement for Quicksilver Scientific, Inc. (the "Agreement") to provide certain business assistance in connection with tenant improvements associated with Company's headquarters relocation (the "Project") to 1960 Cherry Street, Louisville, Colorado (the "Project Location"); and WHEREAS, the Company is expanding operations at the Project Location to meet new demand as well as enter new markets; and WHEREAS, the Company has already generated new quality jobs in the City and intends to continue growth that represents job diversity in Louisville; and WHEREAS, the Company's planned construction schedule for the relocation has been delayed, with completion now expected by June 30, 2021 instead of March 31, 2020; and WHEREAS, the Company's build -out has involved multiple phases of work and resulted in higher project costs than initially estimated, with a rebate cap anticipated to be $60,000 rather than $40,000; and WHEREAS, the City Council finds the execution of this First Amendment to extend the completion date and the period for building permit rebates and use tax rebates on construction materials as well as the increased rebate cap will serve to provide benefit and advance the public interest and welfare of the City and its citizens by securing this economic development project within the City. NOW THEREFORE, in consideration of the mutual promises set forth below, the City and Company agree as follows: Section 1. Section 1 of the Agreement is hereby revised to read as follows (words to be deleted s keR; words to be added underlined): 1. Building Permit Fee Rebates. The City shall rebate to the Company 50% of the building related permit fees for the Project, required under Louisville Municipal Code, section 15.04.050 and section 108.2 of the International Building Page 1 of 3