Document:

EX-10.15

 Exhibit 10.15 

SECOND AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE 

THIS SECOND AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE is dated as of the 12th day of
April, 2005, by and between PAGODA PARTNERS LLC, an Ohio limited liability company, having an address of 1801 E. Ninth Street, Suite 1600, Cleveland, Ohio 44114-3103 (“Landlord”), and HOMEWORKS, INC., an Ohio corporation, having an address
of 7700 Northfield Road, Walton Hills, Ohio 44146 (“Tenant”). 
 RECITALS 

 

	A.	 Landlord and Tenant have entered into a certain Industrial Real Estate Lease, dated November 8, 2000 (the
“Original Lease”), with respect to premises known as 7700 Northfield Road, Walton Hills, Ohio. 

  

	B.	 Landlord and Tenant have amended the Original Lease pursuant to a certain Amendment to Industrial Real Estate
Lease dated as of September 22, 2004 (the “First Amendment”). 

  

	C.	 The parties desire to amend the Original Lease as previously amended (as so amended, the “Lease”) to
replace Exhibit B-1 attached to the First Amendment. 

 NOW THEREFORE, for good
and valuable consideration, the Landlord and Tenant agree as follows: 
  

	1.	 The Lease is amended as of January 1, 2005 so that Exhibit B to the Lease is replaced with the Revised
Exhibit B-1 attached to this Amendment, which Revised Exhibit B-1 is incorporated and made a part of the Lease. 

 

	2.	 This Amendment may be executed in counterparts and, when all counterpart documents are executed, the
counterparts shall constitute a single binding instrument. 

  

			
	 PAGODA PARTNERS LLC,
 an Ohio
limited liability company

		
	By:	 	 /s/ John P. Reed

		 	John P. Reed, Manager
		
	By:	 	 /s/ Charles L. Smythe, Jr.

		 	Charles L. Smythe, Jr., Manager
	
	HOMEWORKS, INC., an Ohio corporation
		
	By:	 	 /s/ John P. Reed

		 	John P. Reed, President

  
 -1- 

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this
14th day of April, 2005, by John P. Reed, a Manager of PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company. 

 

					
	(SEAL)	  	 /s/ Allan G. Churchmack
	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires:	  		  	
		  		  	
		  		  	
		  		  	

  

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this __ day of April, 2005, by Charles L. Smythe, Jr., a
Manager of PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company. 
  

					
	(SEAL)	  	 

                     

	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires:	  		  	
		  		  	

  

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this
14th day of April, 2005, by John P. Reed, President of HOMEWORKS, INC., an Ohio corporation, on behalf of the corporation. 

 

					
	(SEAL)	  	 /s/ Allan G. Churchmack
	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires:	  		  	
		  		  	
		  		  	
		  		  	

  
 -2- 

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this __ day of April, 2005, by John P. Reed, a Manager of
PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company. 
  

					
	(SEAL)	  	 

                     

	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires:	  		  	
		  		  	

  

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this
13th day of April, 2005, by Charles L. Smythe, Jr., a Manager of PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company. 

 

					
	(SEAL)	  	 /s/ Suzanne E. Jackson
	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires: 	  		  	
		  		  	

  

					
	STATE OF OHIO	 	)	 	
	 	 	)	 	SS.
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this __ day of April, 2005, by John P. Reed, President of
HOMEWORKS, INC., an Ohio corporation, on behalf of the corporation. 
  

					
	(SEAL)	  	 

                     

	  	                        
		  	Notary Public	  	
		  		  	
	My commission expires:	  		  	
		  		  	

  
 -3-EX-10.16

 Exhibit 10.16 

THIRD AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE 

THIS THIRD AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE is dated as of the 16th day of December, 2013, by and between PAGODA PARTNERS LLC, an
Ohio limited liability company, having an address of 1801 E. Ninth Street, Suite 1600, Cleveland, Ohio 44114-3103 (“Landlord”), and HOMEWORKS, INC., an Ohio corporation, having an address of 7700 Northfield Road, Walton Hills, Ohio 44146
(“Tenant”). 
 RECITALS 
  

	A.	 Landlord and Tenant have entered into a certain Industrial Real Estate Lease, dated November 8, 2000, as
amended by amendments dated as of September 22, 2004 and April 12, 2005 (as amended, the “Lease”), with respect to premises known as 7700 Northfield Road, Walton Hills, Ohio. 

 

	B.	 Upon Landlord and Tenant amending the Lease as set forth in this Amendment, Landlord has agreed to consent to
(i) Homeworks, Inc., converting from a corporation to a limited liability company and changing its name to Arhaus, LLC, and (ii) John Reed transferring 25% of his interest in Tenant to affiliates of Freeman, Spogli & Co.

 NOW THEREFORE, for good and valuable consideration, the Landlord and Tenant agree as follows: 

 

	1.	 The Lease is amended to add the following sentence to the end of Section 9.01: “If Tenant is a
limited liability company, any cumulative transfer of more than twenty-five percent (25%) of the membership interests shall require Landlord’s consent.” 

 

	2.	 This Amendment may be executed in counterparts and, when all counterpart documents are executed, the
counterparts shall constitute a single binding instrument. 

  

			
	PAGODA PARTNERS LLC,
	an Ohio limited liability company
		
	By:	 	 /s/ John P. Reed

		 	John P. Reed, Manager
		
	By:	 	 /s/ Christopher E. Smythe

		 	Name: Christopher E. Smythe, Manager
	
	HOMEWORKS, INC., an Ohio corporation
		
	By:	 	 /s/ John P. Reed

		 	John P. Reed, President

  
 -1-EX-10.17

 Exhibit 10.17 

FOURTH AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE 

THIS FOURTH AMENDMENT TO INDUSTRIAL REAL ESTATE LEASE is dated this 16th day of May, 2019 between PAGODA
PARTNERS LLC, an Ohio limited liability company, having an address of 1801 E. Ninth Street, Suite 1600, Cleveland, Ohio 44114-3103 (“Landlord”), and ARHUAS, LLC a Delaware limited liability company, fka HOMEWORKS, INC, having an address of
51 East Hines Hill Road, Boston Heights, Ohio 44236 (“Tenant”). 
 RECITALS 

 

	A.	 Landlord and Tenant entered into a certain Industrial Real Estate Lease, dated November 8, 2000 (the
“Original Lease”), with respect to premises known as 7700 Northfield Road, Walton Hills, Ohio 44146. 

  

	B.	 Landlord and Tenant amended the Original Lease pursuant to the first Amendment to Industrial Real Estate Lease
dated September 22, 2004 (the “1st Amendment”), the Second Amendment to Industrial Real Estate Lease dated April 12, 2005 (the
“2nd Amendment”), and the Third Amendment dated December 16, 2013 (the “3rd Amendment”). 

 

	C.	 The parties desire to amend the Original Lease as previously amended (the “Lease”) to extend the
Lease Term and set forth the rent for the remainder of the Lease Term. 

 NOW THEREFORE, for good and valuable consideration, the Landlord
and Tenant agree as follows: 
  

	 	1.	 Section 1.05 shall be deleted in its entirety and replaced with the following: Lease Term:
Beginning on November 8, 2000 and ending on April 30, 2021. Subject to Landlord’s written approval and acceptance Tenant may extend the term in twelve (12) month increments by providing Landlord with notice six (6) months
prior to the end of the then current termination date. 

  

	 	2.	 Exhibit B-1 shall be deleted in its entirety and replaced with the
following: From the date this Fourth Amendment is signed until the Lease termination date of April 30, 2021 or any renewal term thereafter, rent (inclusive of common area maintenance and insurance) shall be $113,242.32 per month.

 The remaining provisions of the Lease shall remain unchanged and unaffected by this 4th Amendment. 

IN WITNESS WHEREOF, the parties have caused their authorized representatives to execute this Agreement as of the day and year first written above. 

			
	My commission expires:
	
	 April 10th, 2022

		
	STATE OF OHIO	  	)
		  	) SS
	COUNTY OF SUMMIT	  	)

 The foregoing instrument was acknowledged before me this 15th day of May,
2019, by Mark D. Thompson, President of Arhaus, LLC a Delaware limited liability company, on behalf of the limited liability company.  
  

			
	(SEAL)	 	 /s/ Allan Churchmack

		 	 Notary Public

  

					
	My commission expires:	 		 	

									
	PAGODA PARTNERS LLC,	 		 	Arhaus, LLC
					
	By:	 	 /s/ John P. Reed
	 		 	By:	 	 /s/ Mark D. Thompson

		 	John P. Reed, Manager	 		 		 	Mark D. Thompson, President
					
	By:	 	 /s/ Christopher E. Smythe
	 		 		 	
		 	Christopher E. Smythe, Manager	 		 		 	

  

			
	STATE OF OHIO	 	)
		 	) SS
	COUNTY OF SUMMIT	 	)

 The foregoing instrument was acknowledged before me this 15th day of May,
2019, by John P. Reed, a Manager of PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company 
  

			
	(SEAL)	 	 /s/ Allan Churchmack

		 	Notary Public

  

					
	My commission expires:	 		 	
	
	  

			
	STATE OF OHIO	 	)	 	
		 	) SS	 	
	COUNTY OF CUYAHOGA	 	)	 	

 The foregoing instrument was acknowledged before me this 16th day of May,
2019, by Christopher E. Smythe, a Manager of PAGODA PARTNERS LLC, an Ohio limited liability company, on behalf of the limited liability company  
  

			
		 	 /s/ Ashley M. Puchajda

Notary Public

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