ADOPTION AGREEMENT NONQUALIFIED DEFERRED COMPENSATION PLANAdoption Agreement • November 18th, 2019 • Innovative Industrial Properties Inc • Real estate
The undersigned Company acting on behalf of itself and each Participating Employer, having been duly advised by its own counsel as to the legal and tax consequences of adopting this Nonqualified Deferred Compensation Plan (the “Plan”) and having determined that adoption of this unfunded, nonqualified deferred compensation plan will enable the Company to attract and retain key personnel, HEREBY ADOPTS the this Adoption Agreement and the attached base Plan document (referred to together herein as the “Plan”), subject to the following terms, conditions and elections, all of which are integral parts of the Plan adopted hereby:
