Item 1.01 Entry into a Material Definitive Agreement.

On January 11, 2023, Eargo, Inc. (the "Company") entered into an Office Lease (the "Lease") with Nashland TT, LP (the "Landlord") for office space (the "Leased Premises") located at 565 Marriott Drive, Nashville, TN 37214 (the "Property").

The initial term of the Lease commences on the later of (i) April 1, 2023 or (ii) the date of substantial completion of certain tenant improvements in accordance with the Lease (the "Commencement Date"). The initial term of the Lease will extend 76 months from the Commencement Date, unless earlier terminated in accordance with the Lease. The Company will have the right to extend the term of the Lease for one additional 5-year term (the "Renewal Term").

Under the Lease, the Company will lease approximately 17,572 square feet at the Property. The Company's base rent of $474,444 per year will increase 3% annually over the course of the Lease. If exercised, rent during the Renewal Term will be at the market rate as defined in the Lease. In addition, the Company will pay its pro rata share of operating expenses, property taxes, and insurance premiums for the Property over a base year of 2023. The Company's obligations for such increases will be determined annually.

The foregoing description of the terms of the Lease does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

The representations, warranties and covenants contained in the Lease were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to the Lease, and may be subject to limitations agreed upon by the contracting parties. Accordingly, the Lease is incorporated herein by reference only to provide investors with information regarding the terms of the Lease, and not to provide investors with any other factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the Company's periodic reports and other filings with the Securities and Exchange Commission.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above is incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.

Exhibit No.   Description
  10.1        Office Lease, dated January 11, 2023, by and between Eargo, Inc. and
              Nashland TT, LP.
104           Cover Page Interactive Data File (embedded within the inline XBRL
              document).

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