Company: NGVC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015486
Chunk: 7

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part II, Item 1
Chunk 7
---
 Center Lease pursuant to which the Company will lease real property in New Mexico (the “Lease”). The initial term of the Lease will be 120 months with four additional renewal options of 60 months each. The Company will pay annual rent of approximately $0.2 million pursuant to the Lease during the initial term. On May 7, 2025, the Company also entered into the First Amendment to Lease with the Land Trust (the “Lease Amendment”), modifying the terms of the previously disclosed Lease, dated February 29, 2012, between the Company and the Land Trust, pursuant to which the Company leases real property in Colorado. The Lease Amendment extends the lease term for an additional 99 months and provides two renewal options of 60 months each. The Company will pay annual rent of approximately $0.3 million pursuant to the Lease Amendment.

As required under the Company’s related party transaction policy, the Company’s audit committee approved the terms of these transactions. The foregoing descriptions of the Lease and the Lease Amendment do not purport to be complete and are qualified in their entirety by reference to their complete text, copies of which are filed as Exhibits 10.1 and 10.2, respectively, to this report and are incorporated by reference herein. This disclosure is responsive to Item 1.01 of Form 8-K.

30

Table of Contents

Item 6. Exhibits

EXHIBIT INDEX

			Exhibit

			Number

			Description

			3.1

			Amended and Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to the Company’s Registration Statement on Form S-1/A filed with the Securities and Exchange Commission on July 5, 2012, File No. 333-182186)

			3.2

			Certificate of Amendment to Amended and Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to the Company’s Form 8-K filed with the Securities and Exchange Commission on March 11, 2025)

			3.3

			Amended and Restated Bylaws (incorporated by reference to Exhibit 3.2 to the Company’s Registration Statement on Form S-1/A filed with the Securities and Exchange Commission on July 5, 2012, File No. 333-182186)

			10.1

			Shopping Center Lease, by and between Chalet Properties of Pueblo