From: 1800 Industrial, LLC DBA Downtown Spaces
Exhibit 10.35
February 25, 2020
From: 1800 Industrial, LLC
DBA Downtown Spaces
0000 Xxxxxxxxxx Xxxx, Xxxxx 000X
Xxx Xxxxx, XX 00000
To: CLS Holdings NV, Inc.
Oasis Cannabis
0000 Xxxxxxxxxx Xxxx, Xxxxx 000
Xxx Xxxxx, XX 00000
RE: Addendum to leases dated 7/1/2014 and 2/1/2019 for suite numbers 100, 102,160, and 180
It is hereby understood that TENANT CLS Holdings NV, Inc. (Oasis Cannabis) and LANDLORD 1800 Industrial, LLC (Downtown Spaces) have entered into this agreement dated on February 25, 2020.
Lease Term: 10 Years
Commencement: March 1, 2020
Lease Ending: February 28, 2030 with two 5-year renewal options
Basic Rent:
● |
Commencing every annual anniversary, there will be a 3% increase of the base rent. |
● |
CAM Rate increase to $0.26 per square foot |
● |
There will be a Six hundred 00/100 ($600.00) Dollars increase in rent per month due to the driveway fee agreement. |
All other terms and agreements of prior agreements will remain in full force and effect.
*Signature page to follow*
/s/ Xxxxxx Xxx | Manager | |
Print Name: LANDLORD REPRESENTATIVE | Its: | |
Xxxxxx Xxx | 3/12/20 | |
1800 INDUSTRIAL, LLC LANDLORD Signature: |
Date: | |
Xxxxxx X. Xxxxxxx | President/COO | |
Print Name: TENANT REPRESENTATIVE | Its: | |
/s/ Xxxxxx X. Xxxxxxx | 3/12/20 | |
CLS HOLDINGS NV, INC. TENANT Signature: |
Date: |