0001104659-20-135309 Sample Contracts

SECOND AMENDMENT TO LEASE AGREEMENT
Lease Agreement • December 14th, 2020 • Innovative Industrial Properties Inc • Real estate

THIS SECOND AMENDMENT TO LEASE AGREEMENT (this “Amendment”) is entered into as of December 11, 2020 to be effective as of the 1st day of January, 2021 (“Amendment Effective Date”), by and between IIP-PA 4 LLC, a Delaware limited liability company (“Landlord”), and PHARMACANN PENN PLANT LLC, a Pennsylvania limited liability company (“Tenant”).

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AMENDED AND RESTATED LEASE AGREEMENT DATED December 11, 2020 TO BE EFFECTIVE January 1, 2021 by and between IIP-NY 1 LLC, a Delaware limited liability company and PHARMACANN INC., a Delaware corporation AMENDED AND RESTATED LEASE AGREEMENT
Lease Agreement • December 14th, 2020 • Innovative Industrial Properties Inc • Real estate • New York

This Amended and Restated Lease Agreement (this “Lease“), entered into as of December 11, 2020 to be effective as of January 1, 2021 (the “Execution Date”), is made between IIP-NY 1 LLC, a Delaware limited liability company (“Landlord“), and PHARMACANN INC., a Delaware corporation, f/k/a PharmaCann LLC, an Illinois limited liability company (“Tenant”).

DEVELOPMENT AGREEMENT
Development Agreement • December 14th, 2020 • Innovative Industrial Properties Inc • Real estate • New York

THIS DEVELOPMENT AGREEMENT is made and entered into as of December 11, 2020 to be effective as of the 1st day of January, 2021 (the “Effective Date”), by and between IIP-NY 1 LLC, a Delaware limited liability company (“Landlord”), PHARMACANN INC., a Delaware corporation (“Tenant”), and IIP OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“Parent Company”). Landlord, Tenant and Parent Company shall sometimes collectively be referred to herein as the “Parties.”

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