TULARIK INC
EX-10.32
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<TYPE>EX-10.32
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<DESCRIPTION>EX-10.32
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<P ALIGN="RIGHT"><FONT SIZE=2><A
NAME="kz1778_exhibit_10.32"> </A>
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<BR></FONT><FONT SIZE=2><B>Exhibit&nbsp;10.32    <BR>  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>ASSIGNMENT OF LEASE  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;THIS ASSIGNMENT (the "Assignment"), dated as of this 27th day of March, 2001, is made between Shaman Pharmaceuticals,&nbsp;Inc., a Delaware corporation,
("Assignor") and Tularik&nbsp;Inc., a Delaware corporation ("Assignee"), with reference to the following: </FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2><B>RECITALS:  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>WHEREAS</B></FONT><FONT SIZE=2>, Assignor is the tenant under that certain Industrial Lease Agreement dated January&nbsp;1, 1993, as
amended with Grand/Roebling Investment Company ("Landlord") for the premises located in the City of South San Francisco, County of San Mateo, State of California, commonly known as 213 East Grand
Avenue, 217 East Grand Avenue, 317 Roebling Road, and 333 Roebling Road (the "Premises"); </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>WHEREAS</B></FONT><FONT SIZE=2>, Assignor desires to assign all its right, title and interest in the Lease to Assignee under the terms and conditions set forth
in Stipulation Regarding Assumption and Assignment of Lease by and among Assignor, Assignee and Landlord (the "Stipulation") filed with the Bankruptcy Court for the Northern District of California in
Debtor's Chapter 11 reorganization bankruptcy case (the "Court"); and </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>WHEREAS</B></FONT><FONT SIZE=2>, the Stipulation and this Assignment have been approved by an order of the Court (the "Order"); </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>NOW, THEREFORE</B></FONT><FONT SIZE=2>, in consideration of the mutual covenants and conditions contained herein, the payment of the amounts and performance of
the obligations set forth in the Stipulation, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>Assignment and Assumption</I></FONT><FONT SIZE=2>. This Assignment shall take effect on the later of March&nbsp;26, 2001 or the eleventh
(11th) calendar day following entry of the Order, which Order has not been stayed or reversed
during the ten days following its entry (the "Effective Date"). On the Effective Date, Assignee shall pay to Assignor the Debtor's Proceeds set forth in the Stipulation; Assignee shall pay to Landlord
the amounts required by paragraph&nbsp;2 of the Stipulation; Assignee (as tenant) and Landlord (as landlord) shall execute and deliver to one another an amendment to the Lease consistent with the
Stipulation; and Assignor shall deliver possession of the Premises to Assignee, subject only to those listed on Schedule&nbsp;1 attached hereto. Except for the existing $128,080 security deposit on
deposit with Landlord (which amount has been forfeit to Landlord by Assignor), Assignor assigns and transfers to Assignee all its right, title and interest in the Lease; and except as otherwise set
forth in the Stipulation, Assignee accepts the assignment and assumes and agrees to perform as a direct obligation to Landlord, all the provisions of the Lease to the extent relating to events
occurring from and after the Effective Date and the obligations assumed by Assignee in paragraphs 4 and 5 of the Stipulation, except for Assignor's Responsibilities under paragraph&nbsp;2 below and
except as expressly modified in the Stipulation. From and after the Effective Date, Assignor shall have no obligations under the Lease, except as set forth in the Stipulation and the next paragraph. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>Assignor Responsibilities</I></FONT><FONT SIZE=2>. In addition to its obligations under the Stipulation, Assignor hereby agrees to
indemnify, defend, protect and hold Tularik and Landlord harmless from and against (a)&nbsp;any claim for payment of any fees or commissions to any real estate broker or agent in connection with the
Assignment (including, without limitation, any fees or commissions to any real estate broker or agent payable by Tularik in connection with the Assignment) or any sublease entered into by Debtor or
any brokers agreement entered into by Debtor, (b)&nbsp;any claim by any subtenant at the Premises for return of any rent security deposits and pre-paid rent under any subleases collected
by Assignor with respect to subleases of portions of the Premises; and (c)&nbsp;any claim by any subtenant at the Premises for return of any earnest money deposits collected by Assignor during
Assignor's bankruptcy proceeding. </FONT></P>

<HR NOSHADE>
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<P><FONT SIZE=2>
&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;</FONT><FONT SIZE=2><I>Sublease Back</I></FONT><FONT SIZE=2>. Beginning on the Effective Date, and for a term of six months thereafter, Assignee shall sublease
back to Assignor, rent free, and will allow Assignor to remain in possession of, approximately 3,000 square feet of laboratory space and 2,000 square feet of warehouse space, such space to be mutually
agreed by the Assignor and Assignee prior to the Effective Date pursuant to a separate written agreement to be executed by Assignor and Assignee. </FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2>ASSIGNOR:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2>ASSIGNEE:</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2><BR>
Shaman Pharmaceuticals, Inc.,<BR>
a Delaware corporation</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3><FONT SIZE=2><BR>
Tularik Inc.,<BR>
a Delaware corporation</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="6%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>STEVEN R. KING</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>WILLIAM J. RIEFLIN</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="6%"><FONT SIZE=2><BR>
Title:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2><BR>
Chief Operating Officer</FONT><HR NOSHADE></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=2><BR>
Title:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2><BR>
Executive Vice President</FONT><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="6%"><FONT SIZE=2>Date:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2>March&nbsp;28, 2001</FONT><HR NOSHADE></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="6%"><FONT SIZE=2>Date:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="40%"><FONT SIZE=2>March&nbsp;28, 2001</FONT><HR NOSHADE></TD>
</TR>
</TABLE>
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<P ALIGN="CENTER"><FONT SIZE=2><B>LANDLORD'S CONSENT  </B></FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned, as landlord under the Lease referenced in the attached Assignment, does hereby consent to the Assignment under the terms and conditions set forth in the Stipulation,
together with the following terms and conditions: </FONT></P>

<DL compact>
<DT><FONT SIZE=2>1.</FONT></DT><DD><FONT SIZE=2><I>No Waiver</I></FONT><FONT SIZE=2>. Landlord's consent shall not be deemed to be a waiver of any restrictions contained in the Lease concerning further
assignment, subleasing or hypothecation of the Lease.
<BR><BR></FONT></DD><DT><FONT SIZE=2>2.</FONT></DT><DD><FONT SIZE=2><I>Broker Fees and Sublease deposits</I></FONT><FONT SIZE=2>. Assignor hereby agrees to indemnify, defend, protect and hold Landlord harmless from and against
(a)&nbsp;any claim for payment of any fees or commissions to any real estate broker or agent in connection with the Assignment, (b)&nbsp;any claim by any subtenant at the Premises for return of
any rent security deposits under any subleases collected by Assignor with respect
to subleases of portions of the Premises; and (c)&nbsp;any claim by any subtenant at the Premises for return of any earnest money deposits collected by Assignor during Assignor's bankruptcy
proceeding. </FONT></DD></DL>
<BR>

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<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2>LANDLORD:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3><FONT SIZE=2><BR>
Grand/Roebling Investment Company,<BR>
a California limited partnership</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="5%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>J. STANLEY MATTISON</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> J. Stanley Mattison<BR>
Its: general partner</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3><FONT SIZE=2><BR>
ASSIGNOR:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3><FONT SIZE=2><BR>
Shaman Pharmaceuticals,&nbsp;Inc.<BR>
a Delaware corporation</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="5%"><FONT SIZE=2><BR>
By:</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
/s/&nbsp;</FONT><FONT SIZE=2>STEVEN R. KING</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Name: Steven R. King<BR>
Its: Chief Operating Officer</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD WIDTH="3%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="44%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
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