inTEST subsidiary Temptronic extends Mansfield lease through Feb 2032; ~$73.5K/mo starting 2025

INTEST CORP

Lease term extended from Jan 1, 2025 to Feb 29, 2032 for 58,800 sq ft in Mansfield, MA.
Monthly base rent escalates from $73,500 (2025) to $91,942.81 (2032); two months abatement (Jan-Feb 2025).
Landlord provides up to $235,200 improvement allowance for alterations, reimbursable if requested by July 31, 2025.
Two additional five-year renewal options with prevailing market rate rent; right of first offer deleted.
Landlord to upgrade lighting to LED and install 400-amp electric panel by July 31, 2025, with rent abatement if delayed.

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