0001144204-16-128372 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the day of , , by and between Innovative Industrial Properties, Inc., a Maryland corporation (the “Company”), and (“Indemnitee”).

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SEVERANCE AND CHANGE OF CONTROL AGREEMENT
Severance and Change of Control Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate • California

THIS AGREEMENT, effective as of the _____ day of _______________, 2016, is by and between Innovative Industrial Properties, Inc., a Maryland corporation (the “Company”), IIP Operating Partnership, LP, a Delaware limited partnership (the “Partnership”), and Gregory J. Fahey (the “Employee”).

AGREEMENT OF LIMITED PARTNERSHIP OF IIP OPERATING PARTNERSHIP, LP
Innovative Industrial Properties Inc • October 17th, 2016 • Real estate • Delaware

THIS AGREEMENT OF LIMITED PARTNERSHIP OF IIP OPERATING PARTNERSHIP, LP dated as of the 4th of October, 2016, is entered into between INNOVATIVE INDUSTRIAL PROPERTIES, INC., a Maryland corporation, as the General Partner, and INNOVATIVE INDUSTRIAL PROPERTIES, LLC, a Delaware limited liability company, as the Limited Partner.

PURCHASE AGREEMENT BETWEEN Pharmacann llc AND IIP operating partnership, LP August 22, 2016
Lease Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate • New York

THIS AGREEMENT (this “Agreement”) is entered into as of the 22nd day of August, 2016 (“Contract Date”), by and among PharmaCann LLC, an Illinois Limited Liability Company, 1140 Lake Street, Suite 304, Oak Park, Ill. (Seller”), and IIP Operating Partnership, LP, 17190 Bernardo Center Drive, San Diego, Ca. (“Buyer”).

FUNDING AGREEMENT
Funding Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate • California

THIS FUNDING AGREEMENT (this “Agreement”) is made and executed as of October 17, 2016 (the “Execution Date”), by and between IGP Advisers LLC, a California limited liability company (“IGP Advisers”), and Innovative Industrial Properties, Inc., a Maryland corporation (together with its subsidiaries, “IIP”).

FIRST AMENDMENT TO PURCHASE AGREEMENT
Purchase Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate

THIS FIRST AMENDMENT TO PURCHASE AGREEMENT (this “Amendment”) is entered into as of this 16th day of September, 2016, by and between PharmaCann LLC, an Illinois limited liability company (“Seller”), and IIP Operating Partnership, LP, a Delaware limited partnership (“Buyer”).

CONSULTING AGREEMENT
Consulting Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate

This Consulting Agreement (“Consulting Agreement”) is entered into this 17th day of October, 2016 (the “Effective Date”), by and between IGP Advisers LLC, a California limited liability company (“Consultant”), and Innovative Industrial Properties, Inc., a Maryland corporation (“IIP”), and IIP Operating Partnership, LP, a Delaware limited partnership (“Partnership”). IIP and the Partnership are collectively referred to herein as the “Company.”

Innovative INDUSTRIAL properties, inc. RESTRICTED STOCK PURCHASE AGREEMENT
Restricted Stock Purchase Agreement • October 17th, 2016 • Innovative Industrial Properties Inc • Real estate • California

This Restricted Stock Purchase Agreement (the “Agreement”) is made as of ______, 2016 (the “Effective Date”) by and between Innovative Industrial Properties, Inc., a Maryland corporation (“Company”), and [Name of Founder], an adult resident of [State] (“Purchaser”).

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