Document:

Exhibit
10.1

 

OPERATIONS
TRANSFER, INTERIM MANAGEMENT

AND
SECURITY AGREEMENT

 

THIS
OPERATIONS TRANSFER, INTERIM MANAGEMENT AND SECURITY AGREEMENT (this “Agreement”) made as of the 9th day of September,
2021, by and between MCA Simpsonville Operating Company, LLC, a Tennessee limited liability company (“MCA”) BROOKSTONE TERRACE
OF SIMPSONVILLE, LLC, a South Carolina limited liability company (“Brookstone”).

 

RECITALS

 

A.
MCA is the [Tenant] and operator of the assisted living facility depicted on Exhibit A (the “Facility”) pursuant to
a Lease dated February 3, 2016 (the “Lease”) with MC-Simpsonville, SC-1-UT, LLC (“Landlord”). Brookstone is in
the process of filing an application to become the licensed operator of the Facility, and is undertaking to obtain all of the consents,
licenses and any other governmental approvals necessary to operate the Facility (the “Licenses”), but as of the date hereof,
not all of such consents, licenses or other approvals have been obtained.

 

B.
MCA desires that prior to Brookstone obtaining the Licenses, Brookstone provide the management of the Facility, and Brookstone desires
to provide such management, all upon the terms and subject to the conditions set forth in this Agreement.

 

C.
MCA, Landlord and Brookstone further desire to provide for the orderly transfer of the operation of the Facility to Brookstone, effective
upon Brookstone obtaining the Licenses.

 

D.
If and upon Brookstone obtaining the Licenses, Brookstone will sublease the Facility from MCA, and Landlord will agree to such sublease.

 

E.
The Landlord has consented to this Agreement and the Sublease.

 

NOW,
THEREFORE, in consideration of the mutual promises herein contained, the sum of Ten Dollars ($10.00) and other valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, MCA and Brookstone agree as follows:

 

1.
Retention of Brookstone. MCA hereby retains Brookstone to manage the operation of the Facility during the Management Term (as
hereinafter defined), and Brookstone hereby accepts such retention and agrees to manage the Facility on behalf of MCA.

 

2.
Term. The term of Brookstone’s management of the Facility (the “Management Term”) shall commence on the date
hereof (the “Commencement Date”), and, unless earlier terminated due to an Event of Default, shall expire upon the date Brookstone
obtains the Licenses to operate the Facility as an assisted living facility; provided, if Brookstone has not obtained the Licenses by
March 31, 2022, either party may terminate this Agreement on or after such date and, if not on such date, then upon notice. Brookstone
agrees to apply for the Licenses as promptly as practicable (and in any event not later than September 15, 2021) and in good faith pursue
such application to obtain the Licenses as promptly as practicable.

 

    	1

    	 

    

 

3.
Responsibilities of Brookstone. During the Management Term, Brookstone shall provide the following management, consulting and
advisory services to MCA in connection with the operation of the Facility:

 

(a)
Brookstone shall recruit, select, employ, train, supervise, administer, promote and direct, and shall terminate the employment of, all
personnel as necessary to the proper maintenance and operation of the Facility in accordance with any and all present and future laws,
rules, regulations, ordinances and requirements, including, but not limited to, any and all licensing and insurance requirements. Brookstone
shall establish the salary and wage levels, personnel policies, employee benefits and employee performance standards for all personnel
employed at the Facility to ensure the efficient operation of all departments within, and all services offered by the Facility. Without
limiting the foregoing, MCA consents to Brookstone hiring (x) Emily Grote as the administrator of the Facility at an annual salary of
$80,000 and (y) Miranda Gist as the Resident Care Coordinator at an annual salary of $72,000.00. All such employees will be employees
of Brookstone, it being noted by Brookstone that such individuals have all of the required licenses to be employed in such capacity.

 

(b)
Brookstone shall develop all operational policies and procedures necessary to establish and maintain standards of resident care appropriate
for the nature of the Facility.

 

(c)
Brookstone shall establish the schedules of recommended charges (including, but not limited to, any and all special charges) for services
rendered to Residents and residents of the Facility.

 

(d)
Brookstone shall develop any and all necessary information materials, mass media releases and other related publicity materials pertaining
to the Facility.

 

(e)
Brookstone shall maintain in effect in the name of MCA, at all times during the Management Term, all licenses, permits, certificates,
registrations, authorizations and approvals necessary for the management and operation of the Facility as an assisted living facility.
Without limiting the generality of the preceding sentence, Brookstone shall take, or cause to be taken, all actions necessary to correct
any deficiency noted in any certifications, surveys or other governmental reviews.

 

(f)
Brookstone shall purchase all food, central supplies, linen, housekeeping and other supplies and all non-capital equipment necessary
to operate the Facility.

 

(g)
Brookstone shall arrange for the provision by qualified contractors of all ancillary services necessary for the operation or repairs
of the Facility, shall review and evaluate on an ongoing basis the performance of such contractors and, to the extent necessary for the
operation of the Facility, shall arrange for the provision of additional, alternative or substitute ancillary services.

 

(h)
Brookstone, through legal counsel selected by Brookstone, shall coordinate with legal counsel selected by MCA regarding all legal matters
and proceedings pertaining to the Facility, its business or its operations.

 

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(i)
Brookstone shall assume responsibility for all billings and the collection of all accounts in respect of the management and operation
of the Facility after the Commencement Date. Without limiting the generality of the preceding sentence, Brookstone shall prepare and
issue all invoices and bills, and shall collect all accounts and monies owing, for services rendered and materials furnished by the Facility
and shall be entitled to enforce the rights of MCA or the Facility as creditor, payee or obligee in respect of any such services.

 

(j)
Brookstone shall keep the Facility insured for the benefit of Brookstone, MCA and Landlord by policies of insurance in such form and
amounts, against such risks, and issued by such responsible and reputable insurance companies or associations, in such forms and amounts
as may be required by the Lease. During the Management Term, Brookstone may continue in effect all existing insurance policies obtained
by MCA, however, MCA cause Brookstone to be named as an additional insured on MCA’s professional and general liability insurance
policies effective as of the Commencement Date, with all costs and premiums associated therewith being part of the Cost of Operation
(as defined below).

 

(k)
[Omitted]

 

(m)
Brookstone shall open and maintain a bank account in the name of the Facility and shall deposit in such account all monies received in
the course of the operation of the Facility during the Management Term. Brookstone in accordance with the priority schedule set forth
in Section 9, for and on behalf of MCA, shall timely pay all debts, obligations and liabilities of any kind or nature, fixed or
contingent, known or unknown, arising from or related to the operation or business of the Facility arising during the Management Term
(but not prior to the Management Term), all invoices and bills for goods delivered or for services rendered to the Facility, and all
obligations of MCA under leases, contracts and other agreements relating to the operation of the Facility.

 

4.
Access to Books, Records and Documents.

 

(a)
Until the expiration of five (5) years after the furnishing of services pursuant to this Agreement, Brookstone shall as provided in Section
952 of the Omnibus Reconciliation Act of 1980 and regulations promulgated thereunder make available, upon written request, to the Secretary
of Health and Human Services or upon request, to the Comptroller General of the United States or any of their duly authorized representatives,
this Agreement, and all books, documents and records of Brookstone that are necessary to verify the nature and extent of the costs of
any services furnished pursuant to this Agreement for which payment may be made under the Medicare program.

 

(b)
If Brookstone caries out any of the duties of this Agreement through a subcontract or subcontracts with an aggregate value or cost of
Ten Thousand Dollars ($10,000) or more over a twelve (12)-month period with a related organization, such subcontract or subcontracts
shall contain a clause to the effect that until the expiration of five (5) years after the furnishing of such services pursuant to such
subcontract or subcontracts, the related organization shall as provided in that Section 952 make available, upon written request, to
the Secretary of Health and Human Services or upon request, to the Comptroller General of the United States or any of their duly authorized
representatives, the subcontract or subcontracts, and all books, documents and records of such organization that are necessary to verify
the nature and extent of the costs of any services furnished pursuant to such subcontract or subcontracts for which payment may be made
under the Medicare program.

 

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5.
Overall Control of Facility. Brookstone and MCA hereby acknowledge and agree that MCA shall have the ultimate control and decision
making authority over the assets and operation of the Facility during the Management Term; provided, MCA agrees not to exercise such
ultimate control in a manner inconsistent with the terms herewith.

 

6.
Security Agreement. To secure MCA’s (i) agreement to allow Brookstone to receive and retain all revenues from the operation
of the Facility during the Management Term for the purposes described in Section 11, (ii) obligation to pay management fees pursuant
to Section 11 and (iii) indemnity obligations pursuant to Section 12, MCA hereby assigns and grants Brookstone a security
interest in all accounts including healthcare insurance receivables) at any time generated in the operation of the Facility during the
Management Term, and all now or hereafter existing contracts, rights, contract rights, payment intangibles, letter of credit rights,
documents, instruments, chattel paper, deposit accounts and general intangibles evidencing securing or in any way related to such accounts
(including healthcare insurance receivables), including all rights of enforcement and collection (to the extent permitted by law) and
all accessions to, substitutions for and all replacements and products thereof, all books, records and other information in any way related
thereto and all collections, receipts and proceeds (cash and non-cash) derived therefrom (the “Collateral”). MCA, as debtor,
agrees to execute in favor of Brookstone, as secured party, all Financing Statements requested by Brookstone with respect to the Collateral.
In the event of a breach of MCA’s Agreement to allow Brookstone the use of all Collateral, Brookstone shall have the right to take
possession of the Collateral and to notify any party obligated with respect to any portion of the Collateral to make payment directly
to Brookstone, and Brookstone shall have all rights as a secured party under law, including the right to collect, sue for and receive
payment on all such accounts and to settle, comprise and adjust the same on any terms as may be satisfactory to Brookstone in its sole
discretion. The address of MCA and Brookstone are as set forth in Section 17. Notwithstanding the foregoing, Brookstone understands
that any lien or security interest on the Collateral may be subject to the Landlord’s rights under the Lease.

 

7.
Facility Personnel. Effective October 1, 2021, all personnel employed at the Facility during the Management Term shall become
the employees of Brookstone. All compensation for the services of all personnel employed at the Facility during the Management Term shall
be paid by Brookstone from Facility revenues and shall be treated as operating costs and expenses relating to the operation of the Facility.
For purposes of this Agreement, compensation for the services for the personnel employed at the Facility during the Management Term includes,
but is not limited to, salaries, wages, bonuses, employee benefits, employee taxes and all other costs and expenses relating to the employment
of such personnel. MCA shall pay all payroll expenses (including payroll taxes) for the period prior to the Commencement Date, no later
than the regularly scheduled payment date. Effective as of October 1, 2021, MCA shall terminate the employment of all employees of the
Facilities. MCA, with respect to salaries and wages, shall pay to the Employees all salaries due for period ending on the day prior to
the Commencement Date no later than the next normally scheduled pay date. Additionally, MCA shall timely pay to all applicable governmental
and regulatory authorities all non-delinquent employment-related taxes due with respect to the employees for all periods prior the Commencement
Date.

 

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8.
Allocation of Taxes, Income, Costs, Expenses and Charges. Any and all costs and expenses incurred in providing management, consulting
and advisory services to MCA under this Agreement shall be treated as operating costs and expenses relating to the operation of the Facility
and shall be paid by utilizing revenues from the operation of the Facility. To the extent such revenues are insufficient to fully pay
such expenses as contemplated in the Budget (as defined below. MCA shall promptly pay to Brookstone any shortfall incurred during the
initial four (4) months of the Management Term, and thereafter Brookstone shall pay any shortfall; provided, except for expenditures
required as the result of a change in law or in order to remain in compliance with applicable law (other than for the intended change
of the use of the Facility). Except as otherwise provided in this Agreement, all operating income and all operating costs and expenses
relating to the operation of the Facility for any period prior to the Commencement Date shall be retained by MCA. All charges, deposits
and pre-paid amounts for utilities and services used in, upon or at the Facility or charged against the Facility for a period which includes
the Commencement Date shall be apportioned between MCA and Brookstone as of the Commencement Date based upon the number of days of such
period which occur prior to the Commencement Date and the number of days of such period which occur during the Management Term on and
after the Commencement Date. For purposes hereof, “Budget” shall mean a jointly prepared budget for the operation of the
Facility during the Management Term. If the parties fail to agree upon the Budget on or before September 10, 2021, then either party
may terminate this Agreement upon written notice to the other party.

 

Notwithstanding
the foregoing, in no event shall Brookstone be responsible for supplementing from Brookstone’s own funds in order to pay obligations
of MCA incurred prior to the end of the fourth (4th) month of the Management Term, all of which shall be payable by MCA on
demand to the extent that Facility revenues during such four (4) months are insufficient to pay all such costs and expenses. Brookstone
shall utilize good faith efforts to maintain or increase the resident census during the Management Term.

 

9.
Accounts. MCA shall retain all of its right, title and interest in and to all cash-on-hand, accounts, notes and other receivables
in respect of the use and operation of the Facility prior to the Commencement Date (the “Pre-Commencement Accounts”) and
shall be solely responsible for the collection thereof. Brookstone shall have the exclusive right to the accounts, notes and other receivables
generated by the use and operation of the Facility during the Management Term.

 

10.
[Omitted].

 

11.
Sublease. If and at such time as Brookstone obtains the Licenses, MCA, as landlord, and Brookstone, as tenant, shall enter into
a Sublease in the form attached hereto as Exhibit B.

 

12.
Contracts. At its sole cost and expense, MCA cancel its existing management agreement as of the Commencement Date. Additionally,
MCA, at no cost to Brookstone, shall following the request of Brookstone, cause the cancellation of every other existing contract effective
no later than the end of the fourth (4th) month of the management term.

 

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13.
Management Fee. Brookstone, as the exclusive compensation for the management, consulting and advisory support services provided
by Brookstone under this Management Agreement, shall be entitled to receive and retain all revenues from the Facility following payment
of the Cost of Operation (as defined in Section 14). Brookstone, at its own cost, shall pay its corporate overhead expenses, including
wages and salaries for its bookkeeping and marketing employees.

 

14.
Priority of Payments. All revenues from the operation of the Facility during the Management Term shall be utilized in due course
for the payment of the following items on a monthly basis in the following order of priority:

 

(a)
Payment of all wages and fringe benefits (including all withholding taxes) to employees of the Facility and insurance premiums for employment
during the Management Term.

 

(b)
The payment of any marketing commissions payable to Brookstone’s marketing employees.

 

(c)
All other costs and expenses incurred in the operation of the Facility during the Management Term (excluding the management fee payable
to Brookstone hereunder), the costs of repairs to, and maintenance to the Facility, expenses and costs incurred in connection with the
purchase of necessary supplies, the furnishing of utilities and other necessary supplies and services supplied by independent contractors.

 

(d)
The management fee payable to Brookstone set forth in Section 13.

 

The
obligations set forth in paragraphs (a), (b) and (c) are referred to as the “Cost of Operation”. Notwithstanding anything
to the contrary, Brookstone is not assuming any of (w) the pre-Commencement Date liabilities or obligations of MCA, (x) any existing
contractual obligation of MCA, (y) MCA’s obligations under the Lease, all of which remain MCA’s obligations or (z) any of
the Excluded Liabilities (as defined in Section 23), and against which MCA indemnifies and agrees to hold Brookstone harmless.

 

15.
Indemnification.

 

(a)
Brookstone agrees to indemnify, reimburse, defend, and hold harmless MCA from and against all demands, claims, actions or causes of action,
assessments, losses, damages, liabilities, costs and expenses, including, without limitation, interest, penalties, consequential damages,
reasonable attorneys’ fees, disbursement and expenses, and reasonable consultants’ fees, disbursements and expenses (but
excluding internal overhead, administrative and similar costs of MCA), asserted against, resulting to, imposed on, or incurred by MCA,
directly or indirectly, in connection with any of the following occurring either during the Management Term or during Brookstone’s
operation of the Facility following issuance of the Licenses: (a) any accident, injury to or death of persons or loss of or damage to
property occurring on or about the Facility, including any claims of malpractice, (b) any use, misuse, nonuse, condition, maintenance
or repair by Brookstone, (c) any ad valorem , employee withholding or sales taxes and (d) any failure on the part of Brookstone to perform
or comply with any of the terms of this Management Agreement, except to the extent same are directly caused by MCA’s negligence
or willful misconduct.

 

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(b)
MCA hereby agrees to indemnify, reimburse, defend and hold harmless Brookstone from and against all demands, claims, actions or causes
of action, assessments, loss, damages, liabilities, costs and expenses, including, without limitation, interest, penalties, consequential
damages, reasonable attorneys’ fees, disbursement and expenses, and reasonable consultants’ fees, disbursements and expenses
(but excluding internal overhead, administrative and similar costs of Brookstone), asserted against, resulting to, imposed upon on, or
incurred by Brookstone, directly or indirectly arising from (i) MCA’s negligence or willful misconduct in the exercise of its authority
retained under this Management Agreement or (ii) all Excluded Liabilities (including without limitation, resident care lawsuits, and/or
reimbursement paybacks and/or cost settlements).

 

(c)
Notwithstanding the foregoing, each of MCA and Brookstone, for themselves and any insurance carrier, to the fullest extent possible,
waive all claims of subrogation to the extent of any insurance coverage.

 

16.
Inspection. After the Commencement Date, Brookstone will allow MCA and its authorized representatives, at all reasonable times,
to enter upon and to inspect the Facility and to inspect and/or audit all books and records pertaining to the operations and businesses
of the Facility.

 

17.
Representations and Warranties.

 

(a)
MCA represents as follows:

 

(i)
The execution, delivery and performance by MCA of this Agreement and the other transaction documents to which any such person or entity
is or are to be a party do not and will not: (a) require any consent by any other person or entity; (b) contravene or conflict with the
organizational documents of MCA; or (c) contravene or conflict with or constitute a violation of any provision of any law, rule, regulation,
order, writ, judgment, injunction, decree or award that currently is in effect and applicable to the Facility or MCA.

 

(ii)
MCA does not possess in trust any resident funds or property.

 

(iii)
There is no action, suit, legal or arbitration proceeding pending against or affecting the Facility which reasonably would be expected
to have a material adverse effect or which in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions
contemplated by this Agreement. Notwithstanding the foregoing, MCA discloses that there are two (2) pending cases against MCA which are
listed on Exhibit C, which (A) MCA shall be solely responsible to defend and to satisfy any resulting settlements or judgments,
(B) are not expected to have a material adverse effect on MCA and/or the Facility, and (C) will not impact the transactions contemplated
hereby or in the Sublease.

 

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(iv)
No bankruptcy, insolvency or similar proceeding is pending by or against MCA.

 

(v)
MCA has, or on or prior to the Commencement Date will have paid, or will cause to be paid, all taxes, and all interest and penalties
due thereon, for the Pre-Commencement Date period which will have been required to be paid on or prior to the Commencement Date, the
nonpayment of which would result in a lien on the Facility or would result in the Brookstone becoming liable therefor.

 

(vi)
MCA is not in violation of any law, rule, regulation or ordinance applicable to the operation of the Facility, except for violations
that have not had, and would not reasonably be expected to have, individually or in the aggregate, a material adverse effect.

 

(b)
Brookstone hereby represents and warrants that: (i) the execution, delivery and performance by Brookstone of this Agreement, and the
consummation by Brookstone of the transactions contemplated by this Agreement are within Brookstone’s powers and have been, or
on or before the Commencement Date will be, duly authorized by all necessary partnership action on the part of Brookstone; (ii) this
Agreement constitutes a valid binding obligation of Brookstone, enforceable against Brookstone in accordance with its terms; and (iii)
the execution, delivery and performance by Brookstone of this Agreement do not and will not contravene or conflict with the governing
documents of Brookstone.

 

18.
Miscellaneous.

 

(a)
The relationship of Brookstone to MCA shall be that of an independent contractor, and all acts performed by Brookstone pursuant to this
Agreement shall be deemed to be performed by Brookstone in its capacity as an independent contractor.

 

(b)
No failure by MCA to exercise, and no delay by MCA in exercising, any right, power or privilege under this Agreement shall operate as
a waiver of such right, power or privilege, or no single or partial exercise of any such right, power or privilege shall preclude any
other or further exercise thereof with the exercise of any other right, power or privilege. The rights and remedies provided by this
Agreement shall be cumulative and not exclusive of any rights or remedies provided by law.

 

(c)
Except as otherwise provided in this Agreement, all notices, consents, requests and other communications to any party under or in connection
with this Agreement shall be in writing and shall be sent via United States mail, return receipt requested or via a reputable overnight
carrier as follows:

 

	 	If
    to MCA: 	MCA
    Simpsonville Operating Company, LLC
	 	 	Attn:
    B.J. Parrish
	 	 	8800
    Village Drive, Suite 201
	 	 	San
    Antonio, TX 78217
	 	 	Email:
    bj@myclearday.com

 

    	8

    	 

    

 

	 	With
    copy to:	Baker
    Donelson Bearman Caldwell & Berkowitz 
	 	 	Attn:
    Amy Schrader
	 	 	Email:
    aschrader@bakerdonelson.com 
	 	 	 
	 	If
    to Brookstone: 	Brookstone
    Terrace of Simpsonville, LLC
	 	 	Attn:
    D. Gray Angell
	 	 	190
    James Way
	 	 	Advance,
    NC 27006
	 	 	Email:
    gray.angell@yahoo.com
	 	 	 
	 	with
    a copy to: 	Blanco
    Tackabery & Matamoros, P.A.
	 	 	Attn:
    George E. Hollodick
	 	 	404
    N. Marshall Street
	 	 	Winston-Salem,
    NC 27101
	 	 	Email:
    geh@blancolaw.com

 

(d)
This Agreement constitutes the entire agreement between the parties with respect to the subject matter of this Agreement and supersede
all prior agreements, understandings and negotiations, both written and oral between the parties with respect to the subject matter of
this Agreement. No representation, inducement, promise, understanding, condition or warranty that is not set forth in this Agreement
has been made or relied upon by either MCA or Brookstone. This Agreement is not intended to confer any rights or remedies under this
Agreement upon any person or entity other than MCA or Brookstone and their respective successors and permitted assigns.

 

(e)
No amendment or waiver of any provision of this Agreement, nor consent to any departure by either MCA or Brookstone from any such provision,
shall be effective unless such amendment, waiver or consent is in a writing signed by both parties, and then such waiver or consent shall
be effective only in the specific instance and for the specific purpose for which given.

 

(f)
The headings of the sections, subsections, paragraphs and other divisions of this Agreement are included for convenience and reference
only and shall not in any way limit or affect the construction or interpretation of any provision of this Agreement. Unless stated otherwise
in this Agreement, references in Agreement to sections are references to sections of this Agreement.

 

(g)
If any action or proceeding is commenced to enforce or interpret this Agreement, the prevailing parties shall be entitled to recover
from the non-prevailing party the costs and expenses of maintaining such action or proceeding, including, but not limited to, reasonable
attorney’s fees and disbursements incurred before such action or proceeding is commenced, before a trial, at trial, after trial
and on appeal, whether the action or proceeding is at law, in equity or in a bankruptcy case or proceeding.

 

(h)
Any provision of this Agreement that is prohibited or unenforceable shall be ineffective to the extent of such prohibition or unenforceability
without invalidating the remaining provisions of this Agreement.

 

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(i)
This Agreement may be executed in any number of counterparts and by different parties to this Agreement in separate counterparts, each
of which when so executed shall be deemed to be an original and all of it taken together shall constitute one in the same Agreement.
The delivery of an executed counterpart of a signature page of this Agreement via telephone facsimile transmission shall be effective
as delivery of a manually executed counterpart.

 

(j)
This Agreement shall be deemed to be a contract made under the laws of the State of South Carolina, and for all purposes shall be governed
by and construed in all respects (including matters of construction, validity and performance) in accordance with the laws of the State
of South Carolina, without regard to the conflicts of rules of such state.

 

19.
No Personal Liability. No officer, director, shareholder and/or employee of any party shall have any liability to the other party
in the event of a default by any party hereto, notwithstanding any theory of law which allows “piercing the corporate veil.”

 

20.
MCA Default. In the event that during the Management Term, MCA breaches any representation, warranty or covenant hereunder, including
without limitation its obligations to satisfy all obligations related to the operation of the Facility prior to the Management Term,
and MCA fails to cure such breach within five (5) days, Brookstone shall have the rights set forth in Section 6 hereof together
with all rights available at law or in equity, including without limitation, specific performance and injunctive relief as well as the
right to terminate this Agreement.

 

21.
Transferred Assets. Subject to the terms and conditions of this Agreement, and subject to the consent of the Landlord,
on the Commencement Date, MCA will directly transfer to MCA, free and clear of all liens, encumbrances, liabilities, claims, assessments,
security interests and defects in title whatsoever, all of MCA’s right, title and interest, if any, in and to the following assets
that are used in connection with the operation of the Facility: (A) the Personal Property; (B) the Permits (as each is defined in the
Purchase Agreement), to the extent transferrable without the approval of a change of ownership applicable by the applicable Governmental
Authority; and (C) all trade names, licenses and other intellectual property owned by MCA with respect to the Facility, provided that
such intellectual property rights shall not include the Clearday name or rights or other intellectual property of affiliates of MCA (collectively,
the “Transferred Assets”). On the Commencement Date, MCA shall convey the Transferred Assets free and clear of all liens,
claims and encumbrances by a Bill of Sale and Assignment in form mutually satisfactory. Subject to the consent of the Landlord, Brookstone
agrees that if this Agreement is terminated without Brookstone having obtained the Licenses, then Brookstone will immediately reassign
its rights in the Transferred Assets to MCA. Notwithstanding the foregoing, all existing liens of record and liens in favor of the Landlord
are permitted and shall not cause a violation of this section of the Agreement.

 

22.
[Intentionally Omitted].

 

23.
Non-Assumption of Liabilities. Brookstone shall not assume or be obligated to pay any liability of MCA, whether fixed or
contingent, recorded or unrecorded, including any of the following as of the date of this Agreement (collectively, the “Excluded
Liabilities”): (A) the accounts payable of MCA; (B) accrued expenses of MCA; (C) unpaid claims or premiums relating to MCA’s
programs of unemployment and workers’ compensation; (D) any gain on sale and any recapture that may be recognized under the Medicaid
and other third-party payor programs based on the transactions herein contemplated; (E) all employee claims made by employees of MCA;
(F) liabilities associated with any pension plan, welfare benefit plan, or any other benefit plan or arrangement sponsored by MCA; (G)
third-party payor settlements, retroactive adjustments, overpayments, recoupments, and fines, penalties, and assessments, if any, arising
under the Medicaid Program and other third-party payor programs; (H) all amounts payable to DHHS regarding MCA’s operation of the
Facility including any settlement as contemplated herein; (I) the professional liability claims or other claims for acts or omissions
of MCA; (J) any unpaid franchise permit or similar fees, including fees that are accrued but not yet due and payable; (K) any survey
findings and implementation of any corrective action or enforcement remedy, including fines, penalties, and assessments, if any; (L)
MCA’s liabilities and obligations under the Lease and (M) any other liability related to the acts or omissions of MCA with respect
to the Facility.

 

[Separate
Signature Pages Follow]

 

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SEPARATE
SIGNATURE PAGE

OPERATIONS
TRANSFER AGREEMENT

 

IN
WITNESS WHEREOF, the Parties hereto have executed this instrument effective as of the date first above written.

 

	 	MCA
	 	 
	 	MCA
                                            SIMPSONVILLE OPERATING COMPANY, LLC, a Tennessee limited liability company

	 	 	 
	 	By:	/s/
    BJ Parrish
	 	Name:	BJ
    Parrish
	 	Title:	Authorized
    Person

 

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SEPARATE
SIGNATURE PAGE

OPERATIONS
TRANSFER AGREEMENT

 

IN
WITNESS WHEREOF, the Parties hereto have executed this instrument effective as of the date first above written.

 

	 	BROOKSTONE
    
	 	 
	 	BROOKSTONE
    TERRACE OF SIMPSON, LLC, a South Carolina limited liability company
	 	 	  
	 	By:	/s/
    D. Gray Angell
	 	Name:	D.
    Gray Angell
	 	Title:	Manager

 

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EXHIBIT
A

[Description
of the Facility]

 

 

    	13

    	 

    

 

EXHIBIT
B

 

[Form
of Sublease]

 

SUBLEASE
AGREEMENT

 

THIS
SUBLEASE (this “Lease”), effective as of ________________, 2022, by and between MCA SIMPSONVILLE OPERATING COMPANY,
LLC, a Tennessee limited liability company (“Landlord”) and BROOKSTONE TERRACE OF SIMPSONVILLE, LLC, a South Carolina
limited liability company (“Tenant”).

 

RECITALS/STATEMENT
OF PURPOSE

 

Landlord
is the lessee of the real property described on Exhibit A attached hereto and made a part hereof (the “Land”)
upon which is located an assisted living facility known as “Memory Care Simpsonville” (the “Facility”)
pursuant to that certain [Lease] dated February 3, 2016 (the “Prime Lease”) between Landlord, as tenant, and MC-Simpsonville,
SC-1-UT, LLC (“Fee Owner”) as landlord. Tenant wishes to sublease from Landlord and Landlord wishes to lease to Tenant,
the Facility and the Land together with all equipment, fixtures and furnishings located at the Facility as of the Commencement Date (and
together with all replacements thereof or additions thereto, collectively the “Leased Furniture, Fixtures and Equipment”)
(the Land, the Facility, and the Leased Furniture, Fixtures and Equipment are referred to herein collectively as the “Premises”).

 

NOW,
THEREFORE, in consideration of the rents and the covenants herein set forth, Landlord hereby leases the Premises to Tenant. The parties
hereto, for themselves, their heirs, executors, administrators, legal representatives, successors and assigns, hereby also covenant and
agree as follows:

 

1.
Term.

 

(a)
The term of this Lease shall commence as of 12:00:01 a.m. on the calendar day (the “Commencement Date”) following
the day that Tenant receives the Licenses(as defined in Section 4 below), and, unless terminated earlier pursuant to the terms
hereof, shall expire at 11:59:59 p.m. on the last day of the sixth (6th) calendar month following the Commencement Date (the
“Term”).

 

(b)
Upon the expiration or other termination of the Term, Tenant shall quit and surrender peacefully and quietly exit the Premises broom
clean, in good order and condition, ordinary and reasonable wear and tear excepted (except in the event of termination due to casualty).
Notwithstanding the foregoing, all property required to operate the Facility as an assisted living facility for the number of licensed
beds required hereunder must remain in the Facility and which shall become the sole property of Landlord.

 

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2.
Use of Premises; Access to Premises, Records.

 

(a)
Tenant shall use and occupy the Premises as an assisted living facility for the entire Term, and Tenant shall have the right to offer
or to perform incidental and/or administrative services related to such uses. At all times during the Term, Tenant shall cause the Facility
to be fully and properly licensed for not less than sixty-four (64) assisted living beds.

 

(b)
In addition to the foregoing, Tenant shall maintain or cause to be maintained the standard of care for patients of the Facility at all
times at a level necessary to insure a level of quality care for the patients of the Facility as required by law.

 

3.
Rent. Tenant shall pay to Landlord, rent (the “Rent”) for the entire Term in the amount of $1.00, payable within
ten (10) days of the Commencement Date.

 

4.
Compliance with Law.

 

(a)
Tenant, at its sole cost and expense, shall obtain prior to the Commencement Date, all licenses necessary to operate the Facility as
an assisted living facility (collectively, the “Licenses”) and thereafter shall comply at all times with all laws,
orders, regulations, licenses, permits and certificates of all departments, authorities or agencies having jurisdiction over the Premises
or the use or occupation thereof. Tenant shall take all action, except as otherwise provided under this Lease, which may be required
by any authority having jurisdiction or which may be necessary in order to maintain any license or permit applicable to the Premises
or to Tenant’s business therein or to the permissible bed capacity thereof or which may be required in order to comply with the
certificate of occupancy, if any, covering the Premises.

 

(b)
Tenant shall not do or permit to be done any act or thing upon the Premises which will invalidate, or cause to be denied, canceled, terminated,
revoked, or suspended, in whole or in part, any license, permit or certificate of occupancy granted with respect to or in connection
with the operation of the Facility as an assisted living facility.

 

5.
Taxes and Assessments.

 

(a)
Tenant shall pay when due all taxes (including sales taxes) and assessments and all other governmental charges, general and special,
ordinary and extraordinary, applicable to the Term, which are imposed or levied upon or assessed against the Premises or any part thereof;
provided, Landlord shall be solely responsible for all outstanding taxes for any period prior to the Term.

 

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(b)
It is the intent of Landlord and Tenant that the Rent payable hereunder shall be absolutely net to Landlord so that this Lease shall
yield to Landlord the Rent, specified herein during the entire Term, free of any charges, assessments, or taxes of any kind charged,
assessed or imposed on or against the Premises, and Landlord shall not be expected or required to pay any such charge, assessment or
tax, or be under any obligation or liability hereunder, and that all costs, expenses and obligations of any kind and nature whatsoever
relating to the Premises and to this Lease shall be paid and performed by Tenant, and Tenant shall indemnify and hold Landlord harmless
from any and all such costs, expenses and obligations; provided, however, that nothing shall be deemed to impose any obligation on Tenant
with respect to any federal or state income tax or capital, franchise or net worth tax assessed against Landlord resulting from receipt
of the Rent by Landlord; provided, in no event shall Tenant have any obligation to pay rent to Fee Owner under the Prime Lease.

 

6.
Subordination. This Lease is subject and subordinate to the Prime Lease and any and all present and future mortgages or deeds
of trust which may now or hereafter be a lien against the Premises, and to all renewals, modifications, consolidations, replacements
and/or extensions thereof. Subordination under this Section 6 shall be self-operative and no further instrument of subordination
shall be required in such connection. In confirmation of such subordination, however, Tenant agrees to execute any subordination that
Landlord may request.

 

7.
Damage or Injury; Indemnification.

 

(a)
Landlord shall not be liable for any injury or damage to persons or property arising during the Term, except to the extent that such
injury or damage arises from the negligence or willful misconduct of Landlord.

 

(b)
Notwithstanding the existence of any insurance, and without regard to the policy limits of any such insurance, Tenant agrees to indemnify,
reimburse, defend, and hold harmless Lender and Landlord from and against all demands, claims, actions or causes of action, assessments,
losses, damages, liabilities, costs and expenses, including, without limitation, interest, penalties, consequential damages, reasonable
attorneys’ fees, disbursement and expenses, and reasonable consultants’ fees, disbursements and expenses (but excluding internal
overhead, administrative and similar costs of Landlord), asserted against, resulting to, imposed on, or incurred by Landlord, directly
or indirectly, in connection with any of the following but only with respect to events or actions occurring during the Term (including
any holdover period): (i) any accident, injury to or death of persons or loss of or damage to property occurring on or about the Facility,
including any claims of malpractice, (ii) any use, misuse, nonuse, condition, maintenance or repair by Tenant, (iii) any ad valorem,
employee withholding or sales taxes and (iv) any failure on the part of Tenant to perform or comply with any of the terms of this Lease.

 

(c)
Tenant will not permit the generation, treatment, storage, or disposal of petroleum products or any hazardous substance, as defined under
federal, state or local laws, on the Premises except for such substances of a type and only in a quantity normally used in connection
with the occupancy or operation of assisted living facilities and which substances shall be held, stored and used only in strict compliance
with federal, state and local laws.

 

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(d)
Tenant agrees to indemnify, reimburse, defend, and hold harmless Landlord and Lender from and against all demands, claims, actions or
causes of action, assessments, losses, damages, liabilities, costs and expenses, including, without limitation, interest, penalties,
consequential damages, reasonable attorneys’ fees, disbursement and expenses, and reasonable consultants’ fees, disbursements
and expenses, asserted against, resulting to, imposed on, or incurred by Landlord, directly or indirectly, in connection with any of
the following, except to the extent same are directly and solely caused by Landlord’s gross negligence or willful misconduct:

 

(i)
events, circumstances, or conditions occurring during the Term, which could, or do, form the basis for an Environmental Claim (as such
term is defined below); or

 

(ii)
any Environmental Claim arising from the operation of the Facility during the Term.

 

For
purposes of this Section 7(d) “Environmental Claim” means any written request for information by a governmental authority,
or any written notice, notification, claim, administrative, regulatory or judicial action, suit, judgment, demand or other written communication
by any person or governmental authority alleging or asserting liability with respect to Tenant or the Premises, whether for damages,
contribution, indemnification, cost recovery, compensation, injunctive relief, investigatory, response, remedial or cleanup costs, damages
to natural resources, personal injuries, fines or penalties arising out of, based on or resulting from (i) the presence, use or release
into the environment of any petroleum products or hazardous substance originating at or from, or otherwise affecting, the Premises during
the Term (including any holdover period), (ii) any fact, circumstance, condition or occurrence forming the basis of any violation, or
alleged violation, of any environmental law by Tenant or otherwise affecting the Premises during the Term (including any holdover period)
or (iii) any alleged injury or threat of injury to health, safety or environment by Tenant or otherwise affecting the Premises during
the Term (including any holdover period).

 

8.
Liens.

 

(a)
Tenant, without the prior written consent of Landlord, shall not create, assume or suffer to exist any deed of trust, mortgage, voluntary
or involuntary lien, whether statutory, constitutional or contractual (except the lien for ad valorem taxes on the Facility which are
not yet due and payable), security interest, encumbrance or charge, or conditional sale or other title retention document, against or
covering all or any portion of the Premises.

 

(b)
Tenant shall not suffer or permit any liens to stand against the Premises or any part thereof by reason of any work, labor, services
or materials performed for, or supplied, or claimed to have been performed for, or supplied to, Tenant or anyone holding the Premises
or any part thereof through or under Tenant from and after the Commencement Date. If any such lien shall at any time be filed against
the Premises, Tenant shall cause the same to be discharged of record within thirty (30) days after the date Tenant receives notice of
the filing the same, by either payment, deposit or bond. If Tenant shall fail to discharge any such lien within such period, Landlord
may, but shall not be obligated to, procure the discharge of such lien either by paying the amount claimed to be due by deposit into
court, or if Landlord so elects, to compel the prosecution of an action for the foreclosure of such lien by the lienor and to pay the
amount of the judgment, if any, in favor of the lienor, with interest, costs and allowances. Any amount paid or deposited by Landlord
for any of the aforesaid purposes, and all reasonable legal and other expenses of Landlord, at the option of Landlord, shall be payable
by Tenant to Landlord within ten (10) days of written notice from Landlord.

 

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9.
Maintenance, Repairs and Replacements.

 

(a)
All maintenance, repair, upkeep, replacement, cleaning, and renovating, including the maintenance and upkeep of the exterior of the Premises,
and all related matters of any nature whatsoever, structural or non-structural, whether or not the same results from ordinary wear and
tear, necessary to keep the Premises and related personal property and inventory in good order and condition, or to restore the Premises
to such condition and to keep the Premises in compliance with all governmental or regulatory rules and regulations now existing or hereafter
adopted, shall be made by Tenant at Tenant’s sole expense. Tenant shall make all repairs and/or restorations occasioned by damage
to the Premises, and Tenant’s obligations shall be without regard to the cause of the damage or condition being repaired except
to the extent that such damage arises from any gross negligence or willful misconduct of Landlord, or any of Landlord’s agents,
contractors or employees, in which case, except as is otherwise covered by any insurance policy covering the Premises, Landlord shall
repair such damage at Landlord’s sole expense. All such repairs and/or restorations shall be of a quality and class at least equal
to the work or installation on the Commencement Date or as otherwise required by applicable law. Tenant shall obtain all permits and
licenses required in connection with such repairs and/or restoration; and, Tenant shall obtain additional insurance coverage reasonably
satisfactory to Landlord during such construction period, which insurance policy shall name Landlord and if applicable, Lender, as additional
insureds.

 

(b)
Landlord and Fee Owner shall have the right to enter upon the Premises at all reasonable times upon reasonable advanced notice for the
purpose of inspection of same. If Fee Owner reasonably determines that any repairs are necessary, Fee Owner may demand in writing that
Tenant make the same forthwith as provided herein, and if Tenant refuses or neglects to commence such repairs within thirty (30) days
of Tenant’s receipt of such written demand or fails to complete the same with reasonable dispatch, Landlord may make or cause such
repairs to be made in a manner reasonably designed to avoid interference with the business of Tenant, in which event Landlord shall not
be responsible to Tenant for any loss or damage that may accrue to Tenant’s business by reason thereof; and provided further, that,
in the event that Fee Owner reasonably concludes that the safety of the Facility’s residents is endangered or that any license
relating to the Facility could be revoked or impaired and that, therefore, such repairs must be sooner commenced and that waiting for
such thirty (30) day notice period might threaten the well-being of the persons located in the Premises or any such license, Tenant shall
accordingly commence and complete such repairs. If Landlord makes or causes such repairs to be made, the cost thereof paid by Landlord
shall be payable by Tenant. If Tenant makes or causes such repairs to be made and such repairs are subsequently determined to have been
unnecessary by a court of competent jurisdiction, Landlord promptly shall reimburse Tenant for the costs incurred by Tenant in connection
therewith, including reasonable attorney’s fees. Nothing contained herein shall be construed as imposing any obligation on Landlord
to make any such repairs.

 

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10.
Alterations and Additions.

 

(a)
Tenant may at any time and from time to time during the Term, at Tenant’s own cost and expense, make or permit to be made desired
alterations, additions, renovations or improvements of, in or to the Premises or any building located thereon or any part thereof; provided,
with respect to any structural alterations or renovations, the prior written consent of Fee Owner is first obtained.

 

(b)
All alterations, changes, additions and modifications to the Premises when made, erected, constructed, installed or placed upon the Premises,
and all machinery, apparatus, equipment, floor coverings and fixtures originally installed or as replaced, including without limitation
all heating, lighting, and power equipment, pipes, pumps, tanks, conduits, plumbing, air-cooling and air-conditioning apparatus, attached
cabinets, ducts and compressors, are now and shall immediately be and become part of the Premises when installed or otherwise placed
within the Facility and shall be the sole and absolute property of Fee Owner, without cost or charge to Landlord, and shall remain upon
and be surrendered with the Premises at the expiration of the Term or sooner termination of this Lease for any reason including, without
limitation, an Event of Default and termination of this Lease by Landlord. Tenant agrees, at the termination of the Lease by expiration
of the Term or otherwise, to deliver to Landlord possession of the Premises including all Leased Furniture, Fixtures and Equipment and
Tenant shall have no right to remove the Leased Furniture, Fixtures and Equipment upon the expiration of the Term or to compensation
or payment in respect thereof. Tenant, however, shall have the right to remove its computers, software, confidential information or proprietary
manuals and any leased equipment where Landlord has not assumed the lease(s); provided, however, that any (i) furniture, fixtures or
equipment purchased or leased by Tenant in replacement of Leased Furniture, Fixtures and Equipment owned by Landlord and leased to Tenant
hereunder, shall remain on the Premises following the termination of the Lease and shall remain the separate property of Landlord and
Tenant shall pay at the end of the Term all sums required to discharge the rights of any other person in such property.

 

(c)
Any unattached machinery, equipment or furniture purchased by or installed by Tenant in the Premises (except in replacement of any Leased
Furniture, Fixtures and Equipment) and used in connection with Tenant’s business operations, and Tenant’s trade fixtures,
may be removed by Tenant at any time at or prior to the expiration of the Term, but such removal shall be subject to the provisions of
subsection (d) below.

 

(d)
Tenant does hereby covenant and agree, at its own cost and expense, in a good and workmanlike manner, to repair and replace any damage
caused by the removal aforesaid of any of such unattached machinery, equipment, furniture, or trade fixtures whose removal is authorized
hereinabove.

 

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11.
Insurance.

 

(a)
Tenant, at Tenant’s cost and expense, shall procure and at all times keep in full force and effect in responsible companies licensed
in the State of South Carolina, and acceptable to Landlord and Lender, the following insurance coverage (naming Landlord and any Lender
as additional insureds):

 

(i)
An “All Risk” property insurance policy which, in Landlord’s reasonable satisfaction, shall insure the Premises, whether
owned by Landlord or Tenant, at the full replacement value thereof. Without intending hereby to limit the generality of the foregoing,
Tenant agrees that Landlord shall not be liable or responsible for any loss or damage to Tenant, or anyone claiming under or through
Tenant, or otherwise, whether caused by or resulting from a peril required to be insured hereunder or from water, steam, gas, leakage,
plumbing, electric or electrical apparatus, pipe or apparatus, of any kind, the elements or other similar or dissimilar causes, whether
or not originating in the Premises or elsewhere. The term “full replacement value,” as used in this Section 13,
shall mean actual replacement cost (exclusive of Land, any cost of excavations, foundations and footings below the lowest basement floor,
or foundations and footings below the surface of the ground, where a basement does not exist);

 

(ii)
Professional liability insurance in at least the amount of One Million and 00/100 Dollars ($1,000,000.00) per occurrence and Three Million
and 00/100 Dollars ($3,000,000.00) aggregate, which shall include “occurrence” coverage insuring Landlord and Tenant for
acts occurring during the Term;

 

(iii)
Insurance with respect to the Premises and inventory against any peril included within the classification “All Risks of Physical
Loss” with extended coverage in amounts at all times sufficient to prevent Landlord or Tenant from becoming a co-insurer within
the terms of the applicable policies, but in any event such insurance shall be maintained in an amount equal to the full insurable value
of the Facility and Leased Furniture, Fixtures and Equipment and inventory located on the Facility, the term “full insurable
value” to mean the actual replacement cost (without taking into account any depreciation, and exclusive of excavations, footings
and foundations, landscaping and paving) determined annually by an insurer or by Landlord and Tenant or, at the request of the Lender,
by an independent insurance broker (subject to the Lender’s and Tenant’ reasonable approval);

 

(iv)
Comprehensive general liability insurance, including bodily injury, death and property damage liability, and umbrella liability insurance
against any and all claims, including all legal liability to the extent insurable imposed upon Tenant or Landlord and all court costs
and attorneys’ fees and expenses, arising out of or connected with the possession, use, leasing, operation, maintenance or condition
of the Facility in such amounts as are generally required by institutional lenders for properties comparable to the Facility but in no
event with limits of less than Five Hundred Thousand and 00/100 Dollars ($500,000.00) per occurrence with combined single limit coverage
for bodily injury or property damage and Five Hundred Thousand and 00/100 Dollars ($500,000.00) aggregate; and

 

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(v)
Statutory workers’ compensation insurance (to the extent the risks to be covered thereby are not already covered by other policies
of insurance maintained by Landlord or Tenant), with respect to any work on or about the Facility.

 

(b)
Landlord and Tenant agree that if the Premises or any furniture, fixtures, machinery, equipment or other personal property located therein
are damaged or destroyed by fire or other insured casualty, the rights, if any, of either party against the other with respect to such
damage or destruction are hereby waived if and to the extent permitted by any applicable insurance policies. The parties agree to use
their best efforts to insure that the policies of insurance obtained by them permit such waivers of subrogation and shall furnish evidence
of such, each to the other.

 

(c)
All certificates with respect to the policies of insurance referred to in this Section 11 shall be delivered by Tenant to Landlord
annually, and such policies shall provide for sixty (60) days’ cancellation notice if obtainable without additional cost (and,
if not so obtainable, such policies shall provide for a thirty (30) days’ cancellation notice) to Landlord in the event of non-payment
of premiums or in the event of other proposed cancellation. Tenant shall provide to Landlord copies of such insurance policies upon the
request of Landlord.

 

(d)
Tenant shall not do or permit to be done any act or thing upon the Premises which will invalidate or be in conflict with any fire, hazard
or other insurance policies covering the Premises, and shall not do or permit to be done any act or thing upon the Premises which shall
or might subject Landlord to any liability or responsibility for injury to any person or to property by reason of any business or operation
being carried on or in the Premises or for any other reason.

 

(e)
In the event that Tenant fails to obtain and maintain insurance as provided in this Lease, Landlord may affect any such insurance coverage
and pay premiums therefor, and all premiums so paid by Landlord shall be deemed additional Rent hereunder and payable by Tenant to Landlord
upon the next due date of Rent hereunder and in accordance with the provisions of this Lease.

 

(f)
All policies of insurance required under this Section 11 shall also be payable, under the New York type Standard Mortgagee clause,
without contribution, if obtainable without additional cost to Tenant, to Landlord, as its interests may appear; provided, however, that
Landlord, subject to the provisions of any mortgage or deed or trust encumbering the Premises, shall be required, to the extent it receives
such proceeds, to apply the proceeds for the reconstruction of the Premises pursuant to the provisions of this Lease, or, in the case
of any Lender, for either the reconstruction of the Premises or the retirement of all or any portion of the outstanding principal and/or
interest due to such Lender. In the event such proceeds are applied by any Lender for retirement of the outstanding principal and/or
interest under any loan secured by a lien on the Premises and not to reconstruct such Facility, Tenant, upon payment of any outstanding
obligations hereunder, shall have the right to terminate this Lease.

 

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12.
Damage or Destruction. If, during the Term, the Premises or any part thereof shall be destroyed or damaged in whole or in part
by fire or other hazard, risk, contingency or casualty, whether or not covered by insurance pursuant to Section 11 hereof and
the cost to repair such damage exceeds the sum of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00), either party may terminate
this Lease by written notice to the other (provided, Tenant’s purchase option set forth in Section 34 shall continue for
ninety (90) days after such termination) and in such event, all insurance proceeds shall be paid to Landlord. In all other events, Tenant,
utilizing proceeds from such insurance policy, shall repair and restore the Facility.

 

13.
Eminent Domain; Condemnation. If the whole or any material portion of the Premises shall be acquired or condemned by eminent domain
or by deed in lieu thereof, then the Lease shall cease and terminate from the date of title vesting in such proceeding. The proceeds
of such award shall be payable to Landlord and Tenant shall have no interest therein. Nothing herein shall be deemed to limit Tenant’s
right to recover a separate award for damage to its business, to the extent permitted by law, to the extent such separate award does
not reduce the award payable to Landlord. In all other events, the Lease shall remain in effect and Landlord, at its own cost and expense,
shall with all reasonable dispatch restore the untaken portion of the Facility so that the Premises shall constitute a complete architectural
unit of the same general character and condition (as nearly as may be possible under the circumstances) as existed immediately prior
to such condemnation or taking.

 

14.
Assignment and Subletting. Tenant covenants that it shall not assign, encumber, pledge, hypothecate or otherwise transfer or convey
this Lease or any of Tenant’s rights hereunder, nor sublet the Premises (in whole or in part), or suffer or permit the Premises
or any part thereof to be used by others, without the prior written consent of Landlord (which consent may be withheld in Landlord’s
sole discretion). If Landlord consents to any assignment, encumbering, pledge, transfer, conveyance.

 

15.
Default. Each of the following shall constitute an “Event of Default” under this Lease:

 

(a)
Tenant shall breach any term, covenant, condition or agreement (other than those listed in this Section 15) contained in this
Lease or shall fail to perform any obligation herein set forth to be performed by Tenant, and if such breach or failure to perform shall
continue and not be remedied by Tenant within thirty (30) days after written notice, or, in the case of a happening or default, which
cannot with due diligence be cured within thirty (30) days and the continuance will not subject Landlord to the risk of criminal liability
or foreclosure of any mortgage or deed of trust, then be diligently and continuously prosecuted to completion of the required remedy;
or

 

(b)
Tenant shall allow the Premises to become subject to mechanic’s, materialman’s or other lien, except a lien for ad valorem
taxes not past due, as a result of Tenant’ failure to pay for work or supplies performed or supplied at its request or in the fulfillment
of Landlord’s obligations hereunder and assessments not then due and payable, and failure of Tenant to remove, bond-off or discharge
such lien within thirty (30) days after notice thereof is received by Tenant, Landlord or Lender; or

 

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(c)
Tenant shall fail to correct, within the time deadlines set by any regulatory or licensing agency or governmental authority, any deficiency
that: (i) authorizes such agency to order an immediate termination of the Facility’s health care license; or (ii) results in a
ban on new admissions; or

 

(d)
Tenant shall abandon the Premises; or

 

(e)
Tenant shall file a voluntary petition in bankruptcy or under any state insolvency laws.

 

Upon
the occurrence of any Event of Default, then and in any such event (regardless of the pendency of any proceeding which has, or might
have, the effect of preventing Tenant from complying with the terms of this Lease), Landlord, at any time thereafter, and with or without
terminating the Lease (except as to subsection (v) below), may:

 

(i)
Terminate this Lease and this Lease shall be deemed to have been terminated upon receipt by Tenant of written notice of such termination,
and upon such termination Landlord shall have and recover from Tenant all damages Landlord may suffer by reason of such termination,
including, without limitation, the cost (including legal expenses and reasonable attorneys’ fees) of recovering possession of the
Premises and the cost of any repairs to the Premises which are necessary or proper to prepare the same for reletting. In addition thereto,
Landlord, at its election, shall have and recover from Tenant an amount equal to the net present value of the excess, if any, of the
total amount of all Rent and other sums to be paid by Tenant for the remainder of the Term over the then reasonable rental value of the
Premises for the remainder of the Term; and

 

(ii)
Pursue all other rights and remedies provided by law, or in equity, including, without limitation, the appointment of a receiver and
specific performance.

 

All
of the rights and remedies conferred upon Landlord by the terms of this Section 15 are cumulative and not exclusive of any other
right or remedy, and may be exercised singly or in combination at Landlord’s sole election. No waiver by Landlord of any covenant
or condition shall be deemed to imply or constitute a further waiver of the same, or a different, covenant or condition at a later time.
No re-entry or taking of possession by Landlord shall be construed as an election to terminate this Lease unless a written notice of
such election to terminate is delivered to Tenant. To the maximum extent permitted by law, Tenant waives any obligation of Landlord to
mitigate its damages following an Event of Default.

 

16.
Representations and Warranties.

 

(a)
Landlord’s Representations and Warranties. Landlord represents and warrants that:

 

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(i)
Landlord is a limited liability company, duly organized, validly existing and in good standing under the laws of the State of Utah, has
duly qualified to transact business in South Carolina and is empowered to perform the terms and provisions of this Lease.

 

(ii)
This Lease has been duly authorized, executed and delivered by Landlord.

 

(iii)
This Lease is the legal, valid and binding obligation of Landlord.

 

(b)
Tenant’s Representations and Warranties. Tenant represents and warrants that:

 

(i)
Tenant is a limited liability company, duly organized, validly existing and in good standing under the laws of the State of South Carolina
and is empowered to perform the terms and provisions of this Lease.

 

(ii)
This Lease has been duly authorized, executed and delivered by Tenant.

 

(iii)
This Lease is the legal, valid and binding obligation of Tenant.

 

17.
Quiet Enjoyment. Landlord covenants that Tenant, upon performing all of its obligations hereunder, shall have quiet and peaceful
possession of the Premises, subject only to the terms of this Lease.

 

18.
Number of Beds. Except as may be required by law or by any governmental authority having jurisdiction thereof, during the Term,
Tenant shall not reduce the number of licensed beds or the level of care or other use of the Facility without prior written consent of
Landlord. No such change shall result in a reduction of Rent.

 

19.
Notices, Demands and Other Instruments.

 

(a)
All notices, demands and requests which may or are required to be given hereunder, shall be in writing and shall be sent by United States
certified mail or registered mail, return receipt requested, postage prepaid, overnight courier or telecopier transmission, receipt confirmed
by recipient, as provided in subsections (b), (c) and (d) of this Section 20.

 

(b)
All notices, demands and requests by Landlord to Tenant shall be sent:

 

	 	(i)	Addressed to Tenant at:

 

Brookstone
Terrace of Simpsonville, LLC

190
James Way

Advance,
NC 27006

Attn:
D. Gray Angell

Email:
gray.angell@yahoo.com

 

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With
a copy to:

 

Blanco
Tackabery & Matamoros, P.A.

404
North Marshall Street

Winston-Salem,
NC 27101

Attn:
George E. Hollodick

Email:
geh@blancolaw.com

 

(ii)
To such other address, to such person and/or sent via such other telecopy number as Tenant shall from time-to-time designate by notice
to Landlord.

 

(c)
All notices, demands and requests by Tenant to Landlord shall be sent:

 

(i)
Addressed to Landlord at:

 

________________________

________________________

 

Attn:
___________________

Email:
__________________

 

With
a copy to:

 

MC-Simpsonville,
SC-1-UT, LLC

4747
Williams Drive

Georgetown,
TX 78633

Attn:
Rocky Hardin

Email:
rhardin@embreegroup.com

 

(ii)
To such other address, to such person and/or sent via such other telecopy number as Landlord shall from time-to-time designate by notice
to Tenant.

 

(d)
All notices given to Landlord by Tenant shall also be sent concurrently, and in the same manner, to Lender at such address or addresses
as Landlord or Lender may from time to time designate.

 

(e)
All such notices, requests, and other communication shall be deemed given (i) when given and receipted for (or upon the date of attempted
delivery when delivery is refused) when sent via reputable overnight personal delivery, via certified or registered mail, return receipt
requested, or via express courier or delivery service or (ii) when received as sent via telephone facsimile transmission (confirmation
of such receipt via confirmed telephone facsimile transmission being deemed receipt of any such notice, request or other communication
sent via telephone facsimile transmission).

 

20.
Surrender of Premises. Tenant agrees, upon termination of the Lease, including, without limitation, forfeiture, expiration of
the Term to transfer the operations of the Facility in accordance with the OTA (as hereinafter defined).

 

    	25

    	 

    

 

21.
Non-Waivers; Entire Agreement.

 

(a)
The failure of Landlord to exercise any of its rights or to give any notice with respect to any default by Tenant or otherwise to insist
upon the strict performance of Tenant’s obligations hereunder shall not prevent Landlord from doing so at any time subsequently
either with respect to the same default or with respect to any other (similar or non-similar) default.

 

(b)
No provision of this Lease shall be deemed to have been waived by either party unless such waiver is expressly set forth in a writing
signed by the waiving party.

 

(c)
This Lease contains the entire agreement between the parties, superseding any prior agreements, and any agreement hereafter made shall
be ineffective to change, modify or discharge this Lease or to effect an abandonment of the Premises, unless such agreement is in writing
and signed by the party against whom enforcement of the change, modification, discharge or abandonment is sought.

 

22.
Severability. If any section, subsection, term or provision of this Lease or the application thereof to any person or circumstance
shall to any extent be invalid and unenforceable, the remainder of this Lease or the application of such section, subsection, term or
provision to persons or circumstances, other than those as to which it is invalid or unenforceable, shall not be affected thereby, and
each section, subsection, term and provision of this Lease shall be valid and shall be enforced to the extent permitted by law.

 

23.
Binding Effect. Except as herein otherwise provided, this Lease shall inure to the benefit of, and shall be binding upon, the
parties hereto and their respective successors and assigns.

 

24.
Headings; Captions. The captions herein are inserted only as a matter of convenience and for reference and in no way define, limit
or describe the scope of this Lease or the intent of any provision thereof.

 

25.
Governing Law. This Lease shall be governed by and interpreted under the laws of the State of South Carolina.

 

26.
Attorneys’ Fees. In the event Landlord brings an action to enforce any condition or covenant of this Lease, including collection
of Rent, it shall be entitled to recover its costs, including its reasonable attorneys’ fees and expenses, in any judgment in its
favor rendered through such action. Additionally, in the event Tenant brings an action against Landlord to enforce any condition or covenant
of this Lease, it shall be entitled to recover its costs, including its reasonable attorneys’ fees and expenses, in any judgment
in its favor rendered through such claim.

 

27.
Memorandum. This Lease shall not be recorded; provided, the parties agree to execute, deliver and record, at Tenant’s request
and expense, a memorandum or short form lease.

 

28.
Relationship Of The Parties. Landlord is not for any purpose a partner or joint-venturer of Tenant in the operation of the Premises
or any business conducted on the Premises. Landlord shall not under any circumstances be responsible or obligated for any losses or liabilities
of Tenant.

 

    	26

    	 

    

 

29.
Limitation of Landlord’s Liabilities. In the event of any conveyance or other divesture of title to the Premises, Landlord
shall be entirely freed and relieved of all covenants and obligations thereafter accruing hereunder, and the grantee or the person who
otherwise succeeds to title shall be deemed to have assumed the covenants and obligations of Landlord thereafter accruing hereunder and
shall then be the “Landlord” under this Lease. There shall be absolutely no personal or corporate liability on the part of
Landlord or any partner, stockholder, agent, member or manager of Landlord or any stockholder, director, officer employee of any partner,
member or manager with respect to the terms, covenants or conditions of this Lease, and Tenant shall look solely to the interest of Landlord
in the Premises for the satisfaction of each and every remedy which Tenant may have for a breach of this Lease; such exculpation from
personal and corporate liability to be absolute and without any exception whatsoever.

 

30.
Transfer of Operations Upon Termination of Lease. Upon the termination of the Term (whether as the result of an Event of Default
or otherwise), Tenant shall enter into an Interim Management and Operations Transfer Agreement (the “OTA”) with Landlord
or its designee in form and content similar to the form set forth on Exhibit B. Notwithstanding the foregoing, in the event that
this Lease ends concurrent with Tenant, or its designee, acquiring the fee interest in the Premises from Fee Owner, the provisions of
this Section 30 shall be null and void.

 

31.
Counterparts. This Lease may be executed in multiple counterparts, each of which shall be deemed an original, and all of which
together shall constitute one and the same document.

 

32.
Time is of the Essence. Time is of the essence with respect to each of Tenant’s obligations under this Lease.

 

33.
Risk of Loss. During the Term, the risk of loss or of decrease in the enjoyment and beneficial use of the Leased Properties in
consequence of the damage or destruction thereof by fire, the elements, casualties, thefts, riots, wars or otherwise, or in consequence
of foreclosures, attachments, levies or executions (other than those caused by Landlord and those claiming from, through or under Landlord)
is assumed by Tenant, and, in the absence of gross negligence, willful misconduct or material breach of this Lease by Landlord, Landlord
shall in no event be answerable or accountable therefor.

 

34.
Prime Lease. Landlord hereby indemnifies and agrees to hold Tenant harmless from and against all breaches and defaults by Landlord,
as tenant, under the Prime Lease except to the extent such breach or default (x) is the duty or obligation of Tenant hereunder or (y)
was the duty or obligation of Tenant under that certain Operations Transfer, Interim Management and Security Agreement between Landlord
and Tenant dated September 1, 2021 (the “OTA”).

 

35.
Purchase Contract. Tenant and Fee Owner have entered into that certain [Purchase Agreement] dated [_______], 2021, pursuant to
which Fee Owner has agreed to convey the fee interest in the Premises to Tenant (the “Contract”). In the event Tenant,
or its assignee, consummates the transaction contemplated by the Contract and acquires the fee interest in the Facility, Landlord hereby
agrees that concurrent with the consummation of the Contract, all of Landlord’s right, title and interest in and the Premises,
whether pursuant to the Prime Lease, this Lease or otherwise shall be terminated and Landlord agrees to execute and deliver any and all
documents reasonably required by Fee Owner and/or Tenant in connection therewith; provided, in no event shall the termination of Landlord’s
rights in and the Facility release Landlord from all duties, liabilities and obligations (x) to Fee Owner under the Prime Lease with
respect to the period prior to the termination of the Prime Lease or (y) to Tenant under the OTA and this Lease with respect to all periods
prior to the termination of the Prime Lease.

 

[SEPARATE
SIGNATURE PAGE FOLLOWS]

 

    	27

    	 

    

 

SEPARATE
SIGNATURE PAGE

LEASE

 

IN
WITNESS WHEREOF, Landlord and Tenant have caused this Lease to be duly executed as of the day and year first above written.

 

[Signature
Blocks to be Inserted]

 

    	28

    	 

    

 

EXHIBIT A

 

 

    	29

    	 

    

 

EXHIBIT
B

 

INTERIM
MANAGEMENT AND

OPERATIONS
TRANSFER AGREEMENT

 

This
Interim Management and Operations Transfer Agreement (this “Agreement”) made as of ________ __, 20__, by and between
BROOKSTONE TERRACE OF SIMPSONVILLE, LLC, a South Carolina limited liability company (“Assignor”) and , a (“Assignee”).

 

R
E C I T A L S:

 

A.
Assignor is the lessee and operator of the assisted living facility listed on Exhibit A (the “Facility”) pursuant
to a Sublease Agreement dated as of _________, 202_ (the “Lease”) with MCA SIMPSONVILLE OPERATING COMPANY, LLC (“Landlord”).
Assignee has filed application to become the licensed operator of the Facility, and is undertaking to obtain all of the consents, licenses
and any other governmental approvals necessary to operate the Facility (the “Licenses”), but as of the date hereof,
not all of such consents, licenses or other approvals have been obtained.

 

B.
Assignor’s leasehold interest in the Facility will terminate as of the date that Assignee obtains all necessary licenses and permits
to operate the Facility, all on the terms and conditions set forth herein.

 

C.
Assignor desires that prior to Assignee obtaining the Licenses, Assignee provide the management of the Facility, and Assignee desires
to provide such management, all upon the terms and subject to the conditions set forth in this Agreement.

 

D.
Assignor and Assignee further desire to provide for the orderly transfer of the operation of the Facility to Assignee, effective upon
Assignee obtaining the Licenses.

 

NOW,
THEREFORE, in consideration of the mutual premises herein contained, the sum of Ten and 00/100 Dollars ($10.00) and other valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Assignor and Assignee agree as follows:

 

1.
Cooperation to Commencement Operations. Assignor agrees to cooperate with Assignee, and Assignee agrees to cooperate with Assignor
to effect an orderly transfer of the management of the Facility. Assignor shall cease operation of the Facility as of the date Assignee
obtains the Licenses (the “Turnover Date”). All operations of the Facility shall be undertaken solely by Assignee
after the Turnover Date and Assignor shall surrender operation of the Facility as of the Turnover Date.

 

2.
Conveyance of Supplies and Tradenames. Assignor hereby agrees to transfer and convey to Assignee as of the Turnover Date all of
its right, title and interest in and to the food, central supplies, linens and housekeeping supplies and other consumable and non-consumable
inventory (“Supplies”) present at the Facility as of the Turnover Date as well as the Facility’s tradenames,
phone numbers, yellow page listings and other intangibles.

 

    	1

    	 

    

 

3.
Equipment Lease. On or before _____________, Assignor will provide Assignee with a list of all of its equipment leases (including
any computer leases and/or software leases and licenses) (the “Equipment Leases”) with respect to the Facility. On
or before ________________, Assignee will provide Assignor with a list of such Equipment Leases it desires to assume, which equipment
leases, provided (a) such assumption is approved by the lessor thereon and (b) any personal guaranty of Assignor’s obligation thereof
is released, shall be assumed by Assignee on the Turnover Date (such equipment leases so assumed, the “Assumed Leases”).
Assignee shall indemnify and hold Assignor harmless with respect to all such Assumed Leases. Any equipment lease not assumed by Assignee
shall be terminated by Assignor at its sole expense.

 

4.
Equipment. Assignor, in consideration of the release of even date from Landlord, agrees to transfer on the Turnover Date, title
to the Facility’s van; provided Assignee shall assume any loan secured by such van; provided, further Assignor shall be obligated
to cure any default. Assignor further acknowledges that all fixtures, furnishings, equipment, computers, vehicles, computer software
and other tangible personal property owned by Assignor and located at the Facility (the “Equipment”) are owned by
the fee owner of the Facility and that Assignor has no ownership interest therein; provided, to the extent Assignor has any ownership
interest in the Equipment, Assignor shall deliver on the Commencement Date a non-warranty bill of sale reasonably acceptable to Assignor.
To the extent that the Equipment, including the van or any other vehicle is subject, to any lien, Assignee shall have the right to assume
such loan (provided, any personal guaranty thereof is released or terminated).

 

5.
Transfer of Patient Trust Funds.

 

(a)
Assignor and Assignee shall work together to produce, within five (5) days of the Turnover Date, (a) an accounting of all resident trust
funds (the “Resident Trust Funds”) as of the Turnover Date, (b) an inventory of all residents’ property held
by the Facility (the “Resident Property”), and (c) a listing of all fees and expenses which have been prepaid by residents
and have not been applied as of the Turnover Date (the “Resident Prepaid Funds”). Such accounting shall set forth
the names of the residents or prospective residents for whom such funds are held, and the amounts held, including any interest accruing
thereon, on behalf of each resident or prospective resident. Assignor shall transfer to Assignee on the Turnover Date such Resident Trust
Funds, Resident Property and Resident Prepaid Funds and Assignee shall thereafter be responsible for such Resident Trust Funds, Resident
Property and Resident Prepaid Funds.

 

(b)
Assignor will indemnify, defend and hold Assignee harmless from all liabilities, claims and demands, including reasonable attorney’s
fees relating to claims which arise from actions or omissions of Assignor with respect to the Patient Trust Funds, Resident Property
and Resident Prepaid Funds prior to the Turnover Date, or for any failure by Assignor to deliver to Assignee all such monies and residents’
property Assignor was lawfully required to hold in trust as of the Turnover Date.

 

(c)
Assignee will indemnify, defend and hold Assignor harmless from all liabilities, claims and demands, including reasonable attorneys’
fees, in the event a claim is made against Assignor by a patient for his/her Resident Trust Funds, Resident Property and Resident Prepaid
Funds where such funds were transferred to Assignee pursuant to the terms hereof, or for claims which arise from actions or omissions
of Assignee after the Turnover Date with respect to Resident Trust Funds, Resident Property and Resident Prepaid Funds actually received
by Assignee.

 

[SIGNATURE
BLOCKS TO BE INSERTED]

 

    	2

    	 

    

 

EXHIBIT A

 

 

    	1Exhibit
10.2

 

EXECUTION
VERSION

 

CONTRACT
FOR SALE AND PURCHASE

 

THIS
CONTRACT FOR SALE AND PURCHASE (this “Contract”) is made and entered into as of the Effective Date by and between
MCA NAPLES, LLC, a Tennessee limited liability company d/b/a “Memory Care of Naples” (“Seller”),
and NAPLES PROPERTY VENTURES, LLC, a Florida limited liability company (“Buyer”).

 

RECITALS:

 

A.
Seller is engaged in the business of operating a 54-bed assisted living facility (the “Facility”) located at 2626
Goodlette-Frank Road, Naples, Florida 34105.

 

B.
Seller wishes to sell and assign to Buyer, and Buyer wishes to purchase and assume from Seller, substantially all the assets and liabilities
of the Facility, subject to the terms and conditions set forth herein.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Seller and Buyer hereby covenant and agree as follows:

 

TERMS
AND CONDITIONS

 

1.
Recitals. The recitals set forth above are true and correct and they are incorporated herein by this reference.

 

2.
Purchase and Sale.

 

2.1
Purchased Assets. Subject to the terms and conditions set forth herein, at the Closing, Seller shall sell, assign, transfer, convey
and deliver to Buyer, and Buyer shall purchase from Seller, free and clear of any charge, claim, community property interest, pledge,
condition, equitable interest, lien (statutory or other), option, security interest, mortgage, easement, encroachment, right of way,
right of first refusal, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise
of any other attribute of ownership, other than Permitted Exceptions, all of Seller’s right, title and interest in, to and under
all of the assets, properties and rights of every kind and nature, whether real, personal or mixed, tangible or intangible (including
goodwill), wherever located and whether now existing or hereafter acquired (other than the Excluded Assets), which relate to, or are
used or held for use in connection with, the Facility (collectively, the “Purchased Assets”), including, without limitation,
the following:

 

2.1.1
the real property, including all right, title, and interest therein, upon which the Facility is situated, as more particularly described
on Schedule 2.1.1 attached hereto (the “Land”);

 

2.1.2
all buildings and improvements located on the Land and all of Seller’s right, title, and interest in and to any and all fixtures
attached thereto (collectively, the “Improvements”);

 

    	 

    	 

    

 

2.1.3
all furniture, fixtures, equipment, machinery, generators, apparatus, appliances and other articles of personal property located on or
used in connection with the operation of the Improvements (collectively, the “Personal Property”), including, without
limitation, those items set forth on Schedule 2.1.3 hereto;

 

2.1.4
all rights appurtenant to the Land, if any, including without limitation, any strips and gores abutting the Land, and any land lying
in the bed of any street, road, or avenue in front of, or adjoining the Land, to the center line thereof and all other rights, privileges,
easements, licenses, appurtenances, and hereditaments relating to the Land and Improvements (together with the Land, Improvements and
Personal Property, collectively, the “Property”);

 

2.1.5
all contracts, leases, licenses, instruments, notes, commitments, undertakings, indentures, joint ventures and all other agreements,
commitments and legally binding arrangements, whether written or oral, set forth on Schedule 2.1.5 hereto (collectively,
the “Assumed Contracts”);

 

2.1.6
all agreements (“Resident Contracts”) governing the use and occupancy of the Facility by residents (“Residents”),
including, without limitation, those set forth on Schedule 2.1.6, together with all prepaid fees and all deposits, security
or otherwise made by Residents under the Resident Contracts;

 

2.1.7
all of Seller’s records relating to Residents and Facility Employees that Seller is permitted to disclose under applicable law;

 

2.1.8
all assignable licenses, permits, governmental approvals, warranties and guaranties issued to Seller in connection with the operation
of the Facility, if any;

 

2.1.9
all policy and procedure manuals, employee handbooks, operations procedures manuals, and similar documents used in operation of the Facility
as well as the rights to all telephone and facsimile numbers and websites associated exclusively with the Facility (collectively, “Intangibles”);

 

2.1.10
all websites, internet address(es), URLs, domain names, the registrations and applications for registrations thereof, social media sites
and accounts (including, without limitation, and any and all content related to GooglePlusLocal, GooglePlusBusiness, yelp,
Facebook, foursquare, Twitter, LinkedIn, and YouTube) (including usernames, passwords and other access
credentials);

 

2.1.11
all trade and fictitious names (including “Memory Care of Naples”); and

 

2.1.12
all goodwill associated with any of the assets described in the foregoing clauses.

 

2.2
Excluded Assets. Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the
“Excluded Assets”):

 

2.2.1
All cash of the Seller or any of its subsidiaries;

 

    	2

    	 

    

 

2.2.2
all contracts, leases, licenses, instruments, notes, commitments, undertakings, indentures, joint ventures and all other agreements,
commitments and legally binding arrangements, whether written or oral that are not Assumed Contracts (the “Excluded Contracts”);

 

2.2.3
the corporate seals, organizational documents, minute books, stock books, tax returns, books of account or other records having to do
with the corporate organization of Seller;

 

2.2.4
all employee benefit plans and assets attributable thereto;

 

2.2.5
the assets, properties and rights specifically set forth on Schedule 2.2.4; and

 

2.2.6
the rights which accrue or will accrue to Seller under this Contract and the other documents to be delivered pursuant hereto.

 

2.3
Assumed Liabilities. Subject to the terms and conditions set forth herein, Buyer shall assume and agree to pay, perform and discharge
only the following Liabilities of Seller (collectively, the “Assumed Liabilities”), and no other Liabilities:

 

2.3.1
all Liabilities in respect of the Assumed Contracts but only to the extent that such Liabilities thereunder are required to be performed
after the Closing Date, were incurred in the ordinary course of business and do not relate to any failure to perform, improper performance,
warranty or other breach, default or violation by Seller or any of its affiliates on or prior to the Closing Date;

 

2.3.2
all Liabilities for (a) taxes relating to the Facility, the Purchased Assets or the Assumed Liabilities for any taxable period (or any
portion thereof) beginning after the Closing Date and (b) taxes for which Buyer is liable pursuant to this Contract; and

 

2.3.3
all other Liabilities arising out of or relating to Buyer’s ownership or operation of the Facility and the Purchased Assets on
or after the Closing.

 

For
purposes of this Contract, “Liabilities” means liabilities, obligations or commitments of any nature whatsoever, whether
asserted or unasserted, known or unknown, absolute or contingent, accrued or unaccrued, matured or unmatured or otherwise.

 

2.4
Excluded Liabilities. Notwithstanding the provisions of Section 2.3 or any other provision in this Contract to the contrary,
Buyer shall not assume and shall not be responsible to pay, perform or discharge any Liabilities of Seller or any of its affiliates of
any kind or nature whatsoever other than the Assumed Liabilities (the “Excluded Liabilities”). Seller shall, and shall
cause each of its affiliates to, pay and satisfy in due course all Excluded Liabilities which they are obligated to pay and satisfy.
Without limiting the generality of the foregoing, the Excluded Liabilities shall include, but not be limited to, the following:

 

2.4.1
any Liabilities of Seller arising or incurred in connection with the negotiation, preparation, investigation and performance of this
Contract, the other documents to be delivered pursuant hereto and the transactions contemplated hereby and thereby, including, without
limitation, fees and expenses of counsel, accountants, consultants, advisers and others;

 

    	3

    	 

    

 

2.4.2
any Liability for (i) taxes of Seller (or any stockholder or affiliate of Seller) or relating to the Facility, the Purchased Assets or
the Assumed Liabilities for any taxable period ending on or before the Closing Date and, with respect to any taxable period beginning
before and ending after the Closing Date, the portion of such taxable period ending on and including the Closing Date; (ii) taxes that
arise out of the consummation of the transactions contemplated hereby or that are the responsibility of Seller pursuant to Section
10.1; or (iii) other taxes of Seller (or any stockholder or affiliate of Seller) of any kind or description (including any Liability
for taxes of Seller (or any stockholder or affiliate of Seller) that becomes a Liability of Buyer under any common law doctrine of de
facto merger or transferee or successor liability or otherwise by operation of contract or law);

 

2.4.3
any Liabilities relating to or arising out of the Excluded Assets;

 

2.4.4
any Liabilities in respect of any pending or threatened proceeding arising out of, relating to or otherwise in respect of the operation
of the Facility or the Purchased Assets to the extent such proceeding relates to such operation on or prior to the Closing Date;

 

2.4.5
any Liabilities of Seller arising under or in connection with any employee benefit plans providing benefits to any present or former
employee of Seller;

 

2.4.6
any Liabilities of Seller for any present or former employees, officers, directors, retirees, independent contractors or consultants
of Seller, including, without limitation, any Liabilities associated with any claims for wages or other benefits, bonuses, accrued vacation,
workers’ compensation, severance, retention, termination or other payments;

 

2.4.7
any Liabilities under Environmental Laws, to the extent arising out of or relating to facts, circumstances or conditions existing on
or prior to the Closing or otherwise to the extent arising out of any actions or omissions of Seller;

 

2.4.8
any trade accounts payable of Seller;

 

2.4.9
any Liabilities to indemnify, reimburse or advance amounts to any present or former officer, director, employee or agent of Seller (including
with respect to any breach of fiduciary obligations by same);

 

2.4.10
any Liabilities under the Excluded Contracts;

 

2.4.11
any Liabilities associated with debt, loans or credit facilities of Seller and/or the Facility owing to financial institutions; and

 

2.4.12
any Liabilities arising out of, in respect of or in connection with the failure by Seller or any of its affiliates to comply with any
law or governmental order.

 

    	4

    	 

    

 

3.
Purchase Price and Manner of Payment.

 

3.1
Purchase Price; Closing Date. The purchase price to be paid to Seller by Buyer for the Purchased Assets (“Purchase Price”)
shall be SEVEN MILLION AND 00/100 U.S. DOLLARS ($7,000,000.00). The Purchase Price, less the Escrow Amount as set forth in Section
3.2, less any portion of the Deposit held in cash, plus or minus any prorations and other adjustments as provided for hereinafter,
shall be “paid by Buyer” (as hereinafter defined) before 1:00 P.M. (local time in Collier County, Florida) on the Closing
Date (as hereinafter defined in Section 9.1). As used herein, the terms “paid by Buyer,” shall mean payment by electronic
wire transfer of immediately available funds or in an equivalent manner. Such funds shall be deemed to be “paid by Buyer”
at the point in time when the bank to which the funds are sent receives such funds, as confirmed by such bank.

 

3.2
Escrow Amount. At the Closing, Buyer shall deposit an amount equal to Three Hundred Thousand and 00/100 Dollars ($300,000.00)
(the “Escrow Amount”) with the Escrow Agent (as defined below). The Escrow Amount shall be held in escrow pursuant
to the Escrow Agreement in substantially the form attached hereto as Exhibit A (the “Escrow Agreement”)
to secure the performance of Seller’s obligations as set forth in this Contract.

 

3.3
Allocation Schedule. Seller and Buyer agree that the Purchase Price and the Assumed Liabilities (plus other relevant items) shall
be allocated among the Purchased Assets for all purposes (including tax and financial accounting) as shown on the allocation schedule
(the “Allocation Schedule”). A draft of the Allocation Schedule shall be prepared by Buyer and delivered to Seller
within ten (10) business days following the Effective Date. If Seller notifies Buyer in writing that Seller objects to one or more items
reflected in the Allocation Schedule, Seller and Buyer shall negotiate in good faith to resolve such dispute prior to the Closing Date.
Buyer and Seller shall file all tax returns (including amended returns and claims for refund) and information reports in a manner consistent
with the Allocation Schedule.

 

3.4
Withholding Tax. Buyer shall be entitled to deduct and withhold from the Purchase Price all taxes that Buyer may be required to
deduct and withhold under any provision of applicable income tax law, including FIRPTA. All such withheld amounts shall be treated as
delivered to Seller hereunder.

 

3.5
Third Party Consents. To the extent that Seller’s rights under any Assumed Contract or any other Purchased Asset, may not
be assigned to Buyer without the consent of another Person which has not been obtained, this Contract shall not constitute an agreement
to assign the same if an attempted assignment would constitute a breach thereof or be unlawful, and Seller, at its expense, shall use
its reasonable best efforts to obtain any such required consent(s) as promptly as possible. If any such consent shall not be obtained
or if any attempted assignment would be ineffective or would impair Buyer’s rights under the Purchased Asset in question so that
Buyer would not in effect acquire the benefit of all such rights, Seller, to the maximum extent permitted by law and the Purchased Asset,
shall act after the Closing as Buyer’s agent in order to obtain for it the benefits thereunder and shall cooperate, to the maximum
extent permitted by law and the Purchased Asset, with Buyer in any other reasonable arrangement designed to provide such benefits to
Buyer.

 

    	5

    	 

    

 

4.
Deposit.

 

4.1
On the later of (i) the date that is two (2) business days after the Effective Date or (ii) the date on which all of the schedules to
this Agreement are delivered to the Buyer pursuant to Section 6.1, Buyer shall deposit with Shutts & Bowen LLP, as escrow
agent (“Escrow Agent”), the sum of ONE HUNDRED THOUSAND AND 00/100 DOLLARS ($100,000.00) (the “Deposit”),
by wire transfer of immediately available federal funds, to serve as a deposit with respect to the transactions contemplated hereby.
Except as otherwise provided herein or in the event of a default by Seller hereunder, unless this Contract is terminated on or prior
to the expiration of the Inspection Period, the Deposit shall be nonrefundable to Buyer following the expiration of the Inspection Period.
The Deposit shall be held and disbursed by Escrow Agent in accordance with this Contract.

 

4.2
By its execution of a counterpart to this Contract, the Escrow Agent accepts its designation as the escrow agent with respect to the
Deposit, acknowledges receipt of the Deposit, subject to collection, and agrees to hold, invest and disburse the same as herein provided.
The Escrow Agent shall not be liable for any acts taken in good faith, shall only be liable for its willful default or action, or gross
negligence, and may, in its sole discretion, rely in good faith upon the written notices, communications, orders or instructions given
by any party hereto; provided, however, that if any notice or correspondence is not executed by both Buyer and Seller,
the Escrow Agent shall give to Buyer or Seller, as the case may be, copies of any notice or correspondence received from the other and
shall not take any actions with regard thereto for seven (7) days following the giving of such notice.

 

4.3
In the event of a disagreement between Seller and Buyer as to the proper disbursement of the Deposit, the Escrow Agent reserves the right
to deposit said funds into the Registry of the Clerk of Court of Collier County, Florida (the “Court Registry”), by
filing an interpleader action and Escrow Agent shall thereupon be discharged from the liability hereunder and shall be entitled to reimbursement
from Seller and Buyer for all attorney’s fees incurred and court costs expended in connection therewith. Seller and Buyer hereby
agree to indemnify and hold harmless the Escrow Agent against any and all losses, claims, damages, liabilities and expenses which may
be incurred by the Escrow Agent in connection with its acceptance of this appointment or the performance of its duties hereunder; provided,
however, that if the Escrow Agent shall be found guilty of willful default or action, or gross negligence, then, in such event,
the Escrow Agent shall bear all such losses, claims, damages and expenses. In the event the Escrow Agent places the Deposit in the Court
Registry, upon the delivery of same to the prevailing party, whether by court order or otherwise, the non-prevailing party shall (1)
pay to the prevailing party at the time of such delivery, interest on said monies at the publicly announced prime rate, as such rate
may change from time to time, said interest to run from the date of deposit into the Court Registry until delivery of same to the prevailing
party, and (2) notwithstanding any contrary provision contained herein, pay to the Escrow Agent all monies necessary to reimburse the
Escrow Agent for any losses, claims, damages, liabilities and expenses incurred by the Escrow Agent in connection with its appointment
as the Escrow Agent or the performance of its duties hereunder.

 

4.4
Notwithstanding anything to the contrary herein contained, Seller acknowledges that Shutts & Bowen LLP is acting as Escrow Agent
hereunder as well as representing Buyer as its attorney in connection with the transactions contemplated hereunder. Seller further acknowledges
and agrees that Shutts & Bowen LLP may represent Buyer, as Buyer’s counsel in any action, suit or other proceeding between
Seller and Buyer or in which Seller and Buyer may be involved.

 

    	6

    	 

    

 

5.
Title and Survey Matters.

 

5.1
Title Commitment. Within ten (10) days after the Effective Date, Seller shall deliver to Buyer a current title insurance commitment
covering the Property and any easements that benefit the Property issued by First American Title Insurance Company, or another national
title insurance company reasonably acceptable to Buyer (“Title Company”), committing to issue to Buyer an owner’s
title insurance policy to the Property in the amount of the Purchase Price (the “Commitment”), together with true,
legible (to the extent available), and complete copies of any tax search, departmental or municipal searches, and all instruments giving
rise to any defects or exceptions to title to the Property. Buyer and acknowledges and agrees that Seller’s attorney, GrayRobinson,
PA, shall be permitted to act as agent for the Title Company in connection with providing the Commitment. No later than seven (7) days
prior to the Closing, Buyer may request an endorsement to the Commitment (“Update Endorsement”) that updates the effective
date of the Commitment. The Commitment and Update Endorsement shall be accompanied by legible copies of all documents referenced therein
(“Title Evidence”). The Commitment shall show that Seller is vested with and can convey to Buyer good, marketable
and insurable fee simple title to the Property, free and clear of all liens, encumbrances, objections, defects and exceptions, except
the following, (herein called the “Permitted Exceptions”):

 

5.1.1
Real property taxes, assessments and special district levies, for the year in which the Closing occurs, which shall be prorated as provided
for herein, and for subsequent years (all property taxes pro-rated through day of closing in accordance with Section 11 of this
Contract); and

 

5.1.2
Zoning and other regulatory laws and ordinances affecting the Property.

 

5.2
Title Defects. Prior to the expiration of the Inspection Period, Buyer may examine the Title Evidence and notify Seller in writing
of any objections (other than for Permitted Exceptions) (“Buyer’s Notification”) to Seller’s title reflected
by the Title Evidence (“Title Defects”). Seller shall use commercially reasonable efforts to cure the Title Defects.
If, after ten (10) days from Seller’s receipt of Buyer’s Notification, Seller fails or is unable to cure or remove any Title
Defects, Buyer, at Buyer’s sole option may:

 

5.2.1
Accept title to the Property in its then existing condition; or

 

5.2.2
Terminate this Contract by written notice to Seller, at which time the Contract will be null and void and the parties hereto will have
no further rights or obligations hereunder as to any part of the Property, except for those obligations which specifically survive termination
hereunder. Upon such termination and release of rights and obligations, the Deposit shall be returned to Buyer.

 

    	7

    	 

    

 

5.3
Survey. Within three (3) days after the Effective Date, Seller shall deliver to Buyer any surveys, plat plans, site plans and
supporting documentation for same which may be in Seller’s possession or control. In addition, Buyer may obtain a current survey
(“Current Survey”) of the Property prepared by a duly licensed property surveyor in the State of Florida and shall
provide copies of same to Seller and Seller’s attorney. The cost of the Current Survey shall be borne by Buyer. Buyer shall deliver
to Seller, and Seller’s attorney, in writing, any objections to the exceptions to title set forth in the Survey (“Survey
Items”), other than the Permitted Exceptions (collectively, “Buyer’s Survey Notification”), prior
to the expiration of the Inspection Period. Seller shall use commercially reasonable efforts to cure the Survey Items. If, after ten
(10) days from Seller’s receipt of Buyer’s Survey Notification, Seller fails or is unable to cure or remove any Survey Items,
Buyer, at Buyer’s sole option may:

 

5.3.1
Accept title to the Property in its then existing condition; or

 

5.3.2
Terminate this Contract by written notice to Seller, at which time this Contract will be null and void and the parties hereto will have
no further rights or obligations hereunder as to any part of the Property except for those obligations which specifically survive termination
hereunder. Upon such termination and release of rights and obligations, the Deposit shall be immediately returned to Buyer.

 

6.
Inspection Period.

 

6.1
Buyer shall have until 5:00 P.M. ET on the thirtieth (30th) day after the later of (i) the Effective Date or (ii) the date
on which the all of the schedules to this Agreement are delivered to the Buyer (the “Inspection Period”) in which
to conduct, at Buyer’s sole expense, except as otherwise provided herein, to evaluate the Facility, the Purchased Assets and Assumed
Liabilities (including conducting such tests, studies, surveys, and/or other physical inspections of the Facility and Purchased Assets
as Buyer deems reasonably necessary or appropriate) and all information relating thereto. Buyer’s due diligence inspections shall
not unreasonably interfere with Seller’s use or operation of the Facility. Buyer’s due diligence inspections may encompass
such matters as, without limitation, title and survey (as further provided in Section 5 above), environmental conditions, soil
conditions, siting, access, traffic patterns, competition, financing, economic feasibility, platting, zoning, leasing status, and matters
involving governmental cooperation. All schedules to this Agreement shall be delivered by the Seller to the Buyer in no event later than
three (3) business days after the Effective Date. The final forms of all exhibits hereto shall be agreed upon by the parties prior to
the expiration of the Inspection Period.

 

6.2
If for any reason whatsoever, in Buyer’s sole discretion, Buyer determines during the Inspection Period that it does not wish to
purchase the Purchased Assets and to close the transaction contemplated hereby, Buyer shall have the absolute right to terminate this
Contract by giving written notice of such termination to Seller (“Termination Notice”) in the manner hereinafter provided
for the giving of notices, prior to the expiration of the Inspection Period. In addition, if Buyer fails to deliver an Approval Notice
(as defined below) to Seller prior to expiration of the Inspection Period, then it shall be presumed conclusively that Buyer is not satisfied
with its investigation. Upon Seller’s receipt of a Termination Notice or failure to timely receive an Approval Notice, the Deposit
shall be returned to Buyer and thereafter this Contract shall be deemed terminated and of no further force and effect and both parties
shall be released and relieved of any liability or obligations hereunder, except for those that specifically survive termination hereof.
If Buyer provides written notice of approval of the Purchased Assets (“Approval Notice”) prior to the expiration of
the Inspection Period, then it shall be presumed conclusively that Buyer is satisfied with its investigation, and thereafter Buyer shall
have no further right to terminate this Contract in accordance with the provisions of this Section 6, and shall be obligated to
close the transaction contemplated herein on the Closing Date provided that all conditions Buyer’s obligation to close are satisfied.

 

    	8

    	 

    

 

6.3
In addition to the items required to be delivered by Seller in Section 5.1 (Title) and Section 5.2 (Survey), above, Seller
shall, within three (3) days after the Effective Date deliver to Buyer copies of any and all Resident Contracts, environmental audits,
engineering studies, plats, association documents, development plans, traffic studies, site plans, utility bills, bank statements and
other similar documents or information, which are in Seller’s possession or control.

 

7.
Intentionally Omitted.

 

8.
AHCA License. Seller shall notify the Florida Agency for Health Care Administration (“AHCA”) of the
intended change of ownership of the Facility, and Buyer shall file the CHOW Application (“Application”) and pay application
fees (“Application Fees”), with AHCA, within five (5) days after the expiration of the Inspection Period (“CHOW
Application Date”). Seller shall provide Buyer with reasonable assistance, as requested by Buyer and at Buyer’s expense,
in preparing and filing the Application as well as a provider enrollment application to permit Buyer, as the new owner of the Facility,
to participate in Florida Medicaid following the Closing.

 

9.
Closing/Conditions of Closing.

 

9.1
Closing Date. The consummation of the purchase and sale of the Purchased Assets as contemplated by this Contract (the “Closing”)
shall take place in accordance with the terms and conditions of this Contract at the offices of the Escrow Agent fifteen (15) calendar
days after the expiration of the Inspection Period, or, if such date is not a business day, the first business day immediately thereafter.
The date on which the Closing is to occur is herein referred to as the “Closing Date”. The Closing may also be conducted
as a “mail away closing” or escrow closing in which all required documents and funds are provided to and disbursed by the
Escrow Agent to the appropriate parties or entities; provided that all required documents and funds must be received by the Escrow
Agent on or before the Closing Date.

 

9.2
Time of the Essence. Time shall be of the essence with respect to Buyer’s and Seller’s obligation to consummate the
Closing on the Closing Date.

 

9.3
Conditions to Closing. The obligations of Buyer to consummate the transactions provided for herein are subject to and contingent
upon the satisfaction of the following conditions or the waiver of same by Buyer in writing, except if Buyer shall provide Seller with
prompt written notice of the failure of any of any of Buyer’s conditions to Closing, Seller shall have five (5) business days in
which to cure such failure. If failure to satisfy such conditions is not timely cured, then Buyer shall have the right to (i) waive such
unsatisfied condition (which shall include the waiver of any claim for breach of covenant, obligation, representation, warranty or other
agreement related to such condition or failure of condition) and proceed to Closing or (ii) terminate this Contract by written notice
to Seller, in which event this Contract shall terminate, and the Deposit will be returned to Buyer.

 

9.3.1
Title Policy. The Title Company shall be willing to insure Buyer’s good, marketable, and indefeasible title to the Property
pursuant to an ALTA Owner’s Policy of Title Insurance in the amount of the Purchase Price, subject only to the Permitted Exceptions
and with all endorsements required by Buyer (the “Title Insurance Policy”).

 

    	9

    	 

    

 

9.3.2
Seller’s Representations. The representations and warranties of Seller contained in this Contract, the other documents to
be delivered pursuant hereto and any certificate or other writing delivered pursuant hereto shall be true and correct in all material
respects on and as of the date hereof and on and as of the Closing Date with the same effect as though made at and as of such date (except
those representations and warranties that address matters only as of a specified date, the accuracy of which shall be determined as of
that specified date in all respects).

 

9.3.3
Covenants. Seller shall have duly performed and complied in all material respects with all agreements, covenants and conditions
required by this Contract and the other documents to be delivered pursuant hereto to be performed or complied with by it prior to or
on the Closing Date.

 

9.3.4
Termination of Affiliate Agreements. Seller shall have cancelled and terminated, or have caused to have been cancelled or terminated,
all agreements, contracts, and leases with Seller and its affiliates, or as otherwise required pursuant to this Contract, including,
without limitation, any operating contract (the “Current Operating Contract”), by and between Seller and MCA Naples
Operating Company, LLC, a Tennessee limited liability company (“Current Operator”), and any management agreement (the
“Current Management Contract”) by and between Current Operator and Memory Care America, LLC, a Tennessee limited liability
company (“Current Manager”), and provided Buyer with evidence of same.

 

9.3.5
Interim Management Agreement. Current Operator, Buyer and Naples Management I, LLC, a Florida limited liability company (“Buyer’s
Operator”), an affiliate of Buyer, shall have entered into an Interim Management Agreement in the form agreed upon by Current
Operator, Buyer and Seller prior to the expiration of the Inspection Period, pursuant to which Current Operator shall have agreed to
manage the Facility on an interim basis until such time as Buyer’s Operator shall have obtained from AHCA a provisional license
for the operation of the Facility in accordance with applicable law.

 

9.3.6
No Litigation. There shall be no material litigation or claim pending or threatened by any governmental or regulatory agency or
any other person or entity against Seller or Buyer in connection with the transactions contemplated by this Contract or that seeks to
prevent, delay, condition, restrict, or change the transactions contemplated by this Contract or that Buyer, in good faith and with the
advice of counsel, believes could result in the payment of damages by Buyer.

 

9.3.7
Occupancy. The occupancy level of the Facility on the Closing Date shall be not less than forty-eight (48) residents.

 

    	10

    	 

    

 

9.3.8
No Material Adverse Change. No material adverse change in the Purchased Assets or the operations of the Facility shall have occurred
since the Effective Date, other than such that reflect general market conditions or any additional regulatory requirements applicable
to the industry generally.

 

9.3.9
Closing Deliveries. Seller shall have delivered to Buyer such documents and deliveries set forth in Section 12.1.

 

10.
Closing Expenses. The following expenses shall be apportioned and paid as follows:

 

10.1
Seller shall pay for state documentary stamps and any surtax imposed by the county in which the Property is located required to be affixed
to the Deed, the cost to record the Deed to Buyer, the premium and other costs associated with issuing, updating and endorsing the Title
Commitment and Title Insurance Policy, the cost to prepare and record any instrument required to cure any Title Defect, any cost to obtain
any necessary consents to the assignment of the Resident Contracts and Assumed Contracts, any and all costs incurred by Seller in connection
with the preparation, review, and negotiation of this Contract and the transactions and the Closing contemplated by this Contract, including
any attorneys’ or consultancy fees and any other expense agreed in this Contract to be paid by Seller.

 

10.2
Buyer shall pay the cost of the Current Survey, the cost of any endorsements to the Title Insurance Policy and the costs associated with
Buyer’s lender, if any, including any lender’s recorded documents, lender’s title commitment and policy, any and all
costs incurred by Buyer in connection with the preparation, review, and negotiation of this Contract and the transactions and the Closing
contemplated by this Contract, including any attorneys’ or consultancy fees and any other expense agreed in this Contract to be
paid by Buyer.

 

10.3
All other expenses shall be paid by the parties as may be customary in Collier County, Florida.

 

11.
Credits and Prorations.

 

11.1
The following shall be apportioned with respect to the Purchased Assets as of 12:01 a.m., Florida time, on the day of Closing, as if
Buyer were vested with title to the Purchased Assets during the entire day upon which Closing occurs:

 

11.1.1
Resident Fees as and when collected (the term “Resident Fees” as used in this Contract includes payments due and payable
by Residents under the Resident Contracts);

 

11.1.2
taxes (including personal property taxes on the Personal Property). If Closing takes place before the current year’s taxes are
fixed, millages and the assessed valuations for the previous year, with known changes, shall be used in making the aforementioned prorations.
If it is later determined that the prorations at Closing based upon the prior year’s millages and assessed valuations were incorrect,
and that the actual taxes on the Purchased Assets varied from the projected taxes, then taxes will be reprorated subsequent to the closing
upon receipt by Buyer of the current year’s tax bill;

 

    	11

    	 

    

 

11.1.3
certified assessments or liens for governmental improvements as of the date of Closing, if any, shall be paid in full by Seller, and
pending assessments or liens for government improvements as of the date of Closing shall be assumed by the Buyer. “Certified”
for this purpose shall be defined to mean that the improvement has been substantially completed as of the Closing Date. With respect
to any assessments or liens for governmental improvements which are payable in installments over a number of calendar or fiscal years,
Seller shall be obligated to pay all installments due and owing for all of the calendar or fiscal years which have elapsed prior to the
Closing Date. Installments for the calendar or fiscal year of Closing shall be prorated and installments for future calendar and fiscal
years shall be the responsibility of Buyer;

 

11.1.4
any amounts prepaid or payable by the respective party under the Assumed Contracts;

 

11.1.5
gas, electricity and other utility charges for which Seller is liable, if any, such charges to be apportioned at Closing on the basis
of the most recent meter reading occurring prior to Closing; and

 

11.1.6
any other operating expenses of the Purchased Assets incurred during the month in which Closing occurs.

 

11.2
Notwithstanding anything contained in the foregoing provisions:

 

11.2.1
At Closing, (A) Seller shall, at Seller’s option, either deliver to Buyer any deposits actually held by Seller pursuant to the
Resident Contracts, or credit against the Purchase Price the amount of such deposits (to the extent such deposits are not applied against
delinquent Resident Fees), and (B) Seller shall be entitled to receive and retain all refundable cash or other deposits posted with utility
companies serving the Property. Following the expiration of the Effective Date, Seller shall not apply any security deposits under the
Resident Contracts to offset delinquent rent or repairs made without the prior consent of Buyer, which consent to make repairs shall
not be unreasonably withheld, conditioned or delayed.

 

11.2.2
Charges referred to in Section 11.1 above (other than those referred to in Section 11.1.1) which are payable by any Resident
to a third party shall not be apportioned hereunder, and Buyer shall accept title subject to any of such charges unpaid and Buyer shall
look solely to the Resident responsible therefor for the payment of the same. If Seller shall have paid any of such charges on behalf
of any Resident, and shall not have been reimbursed therefor by the time of Closing, Seller shall be entitled to any reimbursement of
such charges that are paid by the Resident following the Closing.

 

11.2.3
Seller shall be entitled to receive any tax refunds or reductions attributable to the years prior to the year of the Closing, and any
tax refund or reduction attributable to the year of the Closing shall be prorated between Seller and Buyer.

 

11.2.4
As to gas, electricity and other utility charges referred to in Section 11.1.5 above, Seller may on notice to Buyer elect to pay
one or more of all of said items accrued to the date hereinabove fixed for apportionment directly to the person or entity entitled thereto,
and to the extent Seller so elects, such item shall not be apportioned hereunder, and Seller’s obligation to pay such item directly
in such case shall survive the Closing.

 

    	12

    	 

    

 

12.
Closing Deliveries.

 

12.1
Seller’s Closing Deliveries. Seller shall deliver or cause to be delivered to Buyer the following at the Closing, except
as otherwise specified below:

 

12.1.1
One (1) original general warranty deed (the “Deed”) in substantially the form attached hereto as Exhibit C,
executed by Seller and acknowledged, and in recordable form, conveying to Buyer the Property, subject to the Permitted Exceptions.

 

12.1.2
One (1) original Bill of Sale and Assignment of Intangibles (the “Bill of Sale and Assignment of Intangibles”), in
substantially the form attached hereto as Exhibit D, executed by Seller, conveying to Buyer good and marketable title to
the Personal Property and the Intangibles, free and clear of all encumbrances and adverse claims.

 

12.1.3
Two (2) originals of the Assignment and Assumption of Resident Contracts (the “Assignment of Resident Contracts”)
in substantially the form attached hereto as Exhibit E, each executed by Seller and assigning to Buyer all of Seller’s
right, title, and interest in the Resident Contracts.

 

12.1.4
Two (2) originals of the Assignment and Assumption of Assumed Contracts (the “Assignment of Contracts”) in substantially
the form attached hereto as Exhibit F, each executed by Seller and assigning to Buyer all of Seller’s right, title,
and interest in the Assumed Contracts.

 

12.1.5
One (1) original Resident Notification Letter for each Resident (the “Resident Notification Letter”) in substantially
the form attached hereto as Exhibit G, signed by Seller and notifying all Residents under the Resident Contracts of the
transfer of ownership of the Purchased Assets.

 

12.1.6
One (1) original an affidavit in substantially the form attached hereto as Exhibit H, executed by Seller and stating its
taxpayer identification number for federal income tax purposes and that Seller is not a foreign person within the meaning of Section
1445, et seq. of the Internal Revenue Code of 1986, as amended (the “Code”).

 

12.1.7
One (1) original certificate, dated the Closing Date and signed by a duly authorized officer of Seller, that each of the conditions set
forth in Section 9.3.2 and Section 9.3.3 have been satisfied.

 

12.1.8
One (1) original a certificate of the Secretary (or equivalent officer) of Seller certifying (i) that attached thereto are true and complete
copies of all resolutions adopted by the managers and the members of Seller authorizing the execution, delivery and performance of this
this Contract and the other documents to be delivered pursuant hereto and the consummation of the transactions contemplated hereby and
thereby; that such resolutions are in full force and effect; and that such resolutions are all the resolutions adopted in connection
with the transactions contemplated by this this Contract and the other documents to be delivered pursuant hereto, (ii) the names and
signatures of the officers of Seller authorized to sign this this Contract and the other documents to be delivered pursuant hereto, (iii)
that attached thereto is a certificate of the Secretary of State of the State of Florida, dated no more than fifteen (15) days prior
to the Closing Date, as to the existence and good standing of Seller and (iv) that attached thereto is a certificate of the Secretary
of State of each jurisdiction, other than the State of Florida, in which Seller does business, dated no more than fifteen (15) days prior
to the Closing Date, as to Seller’s qualification as a foreign limited liability company and good standing in such jurisdiction.

 

    	13

    	 

    

 

12.1.9
Copies of all Resident Contracts and Assumed Contracts, or if in the possession of Seller, originals of all Resident Contracts and Assumed
Contracts.

 

12.1.10
To the extent in the possession of Seller, all books, records, and other documents in Seller’s possession, custody, or control
that are used in the maintenance and operation of the Facility and/or the Purchased Assets.

 

12.1.11
To the extent in the possession of Seller, all keys, key cards, and codes for entrance to the Facility in Seller’s possession and
identification of the locks to which they correspond.

 

12.1.12
One (1) original title affidavit in a form reasonably acceptable to Seller and the Title Company.

 

12.1.13
A rent roll, prepared as of the Closing Date, certified to be true and correct in all material respects through the Closing Date. The
rent roll shall include, with respect to each Resident, without limitation, the name of the Resident, the monthly rent due under the
Resident Contract, the amount of the security deposit held under the Resident Contract, if any, the amount of the last month’s
rent deposit held under the Resident Contract, if any, the date of expiration of the Resident Contract, the amount of any pre-paid rent
or other charges, whether or not all payments due under the Resident Contract have been received by Seller to date, a statement that
the Resident Contract has not been amended or modified since the Effective Date, and any other information reasonably requested by Buyer.

 

12.1.14
Two (2) originals of the Escrow Agreement, executed by Seller.

 

12.1.15
Two (2) originals of the Non-Competition and Non-Solicitation Agreement in substantially the form attached as Exhibit I
hereto (the “Non-Competition Agreement”), duly executed by Seller, Current Operator, Current Manager, B.J. Parrish
and Jim Walsea.

 

12.1.16
A certificate of compliance from the Florida Department of Revenue stating that as of a date not more than fifteen (15) days prior to
the Closing Date, the Seller has filed all applicable reports and paid all fees, penalties and taxes as required under Florida law.

 

12.1.17
Two (2) originals of an assignment of all warranties in the form required by the issuer of the applicable warranty, or, if no form is
required, a general assignment. Following the Closing Date, Seller at no cost to Seller shall cooperate with Buyer to the extent any
further action is required to effectuate the transfer of any warranties.

 

    	14

    	 

    

 

12.1.18
All other documents reasonably necessary or otherwise required by the Escrow Agent or the Title Company to consummate the transactions
contemplated by this Contract.

 

12.2
Buyer’s Closing Deliveries. Buyer shall deliver or cause to be delivered to Seller the following at the Closing, except
as otherwise specified below:

 

12.2.1
The balance of the Purchase Price as set forth in Section 3.1.

 

12.2.2
Two (2) original Assignment of Resident Contracts, each executed by Buyer and assuming all of Seller’s obligations under the Resident
Contracts listed on an exhibit to the Assignment of Resident Contracts.

 

12.2.3
Two (2) original Assignment of Contracts, each executed by Buyer and assuming all of Seller’s obligations under the Assumed Contracts.

 

12.2.4
One (1) original Resident Notification Letter for each Resident, signed by Buyer.

 

12.2.5
One (1) original a certificate of the Secretary (or equivalent officer) of Buyer certifying (i) that attached thereto are true and complete
copies of all resolutions adopted by the managers and the members of Buyer authorizing the execution, delivery and performance of this
Contract and the other documents to be delivered pursuant hereto and the consummation of the transactions contemplated hereby and thereby;
that such resolutions are in full force and effect; and that such resolutions are all the resolutions adopted in connection with the
transactions contemplated by this this Contract and the other documents to be delivered pursuant hereto, (ii) the names and signatures
of the officers of Buyer authorized to sign this this Contract and the other documents to be delivered pursuant hereto and (iii) that
attached thereto is a certificate of the Secretary of State of the State of Florida, dated no more than fifteen (15) days prior to the
Closing Date, as to the existence and good standing of Buyer.

 

12.2.6
Two (2) originals of the Escrow Agreement, executed by Buyer.

 

12.2.7
Two (2) originals of the Non-Competition and Non-Solicitation Agreement, duly executed by Buyer.

 

12.2.8
Such evidence as the Title Company may require as to the authority of the person or persons executing documents on behalf of Buyer.

 

12.2.9
All other documents reasonably necessary or otherwise required by the Escrow Agent or the Title Company to consummate the transactions
contemplated by this Contract.

 

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13.
Employees.

 

13.1
WARN Act Compliance. Buyer shall offer employment to a sufficient number of the Facility Employees on such terms and conditions
(including, without limitation, any required period of retention, pay, and other benefits) so as to avoid Seller being required to give
any notice under the Worker Adjustment and Retraining Notification Act (“WARN Act”) and any similar Florida law, it
being acknowledged that the number of Facility Employees is less than 100. Buyer and Seller acknowledge and agree, for purposes of the
WARN Act, that the Purchased Assets and the Facility are being sold as a “going concern” and that the employees of Seller
shall be employed and compensated by Seller through the end of the work day on the day of Closing. Unless Buyer expressly agrees otherwise,
Buyer shall have no liability for any financial obligation to Seller’s employees accrued during their employment with Seller, including
employee wages, so-called “severance pay,” accrued vacation benefits for periods of service, or other payments to any of
Seller’s employees.

 

13.2
Identification of Employees and Independent Contractors. Within five (5) business days after the Effective Date, Seller shall
deliver to Buyer a list of the names of all persons who are employed by or on behalf of Seller (the “Facility Employees”),
and who are hired as independent contractors and used by the Seller at the Facility (the “Independent Contractors”)
setting forth (i) their job titles and descriptions; (ii) their compensation rates; (iii) their employment or contract dates; (iv) whether
they are employed or engaged on a full-time or part-time basis and, in the case of part-time employees or independent contractors, the
number of hours per week for which they are employed or engaged; (v) the name of the specific entity that employs each of the Facility
Employees or contracts with each of the Independent Contractors; and (vi) whether any such employee is on probation, restriction, or
subject to other disciplinary action. During the period between the Effective Date and the Closing Date, Seller shall make available
to representatives of Buyer the personnel files of the Facility Employees and Independent Contractors and such other information concerning
the Facility Employees and Independent Contractors as Buyer reasonably requests.

 

13.3
Offers of Employment. Provided business operations are not unreasonably disrupted, the Buyer shall be permitted to interview (a)
the Facility Employees and Independent Contractors set forth on Schedule 13.3 during the Inspection Period upon three (3)
business days prior notice to the Seller and (b) all other Facility Employees and Independent Contractors after the expiration of the
Inspection Period and no sooner than seven (7) days prior to the Closing, to determine which personnel may be offered employment (in
the case of Facility Employees) (the “Offeree Employees”) or new independent contractor agreements (in the case of
the Independent Contractors) (the “Offeree Independent Contractors”). Any offers of employment will be contingent
on such Offeree Employees or Independent Contractors satisfying Buyer’s qualifications and conditions for employment, including
appropriate licensure, background screening, and drug tests.

 

13.4
Employee Transition. At such time or times as are reasonably requested by Buyer (to the extent it doesn’t disrupt the Seller’s
operation of the Facility) following the initial meetings with the Offeree Employees and Offeree Independent Contractors described in
Section 13.3 above, Seller shall permit Buyer to conduct one or more meetings for Offeree Employees in order to provide details
on proposed compensation and other conditions of employment with Buyer. Seller shall use reasonable efforts to assist Buyer in employing
and retaining the Offeree Employees as of the Closing Date. Seller shall provide Buyer access to the Offeree Employees who elect to accept
Buyer’s offers of employment (“Transferred Employees”), to facilitate Buyer’s entry of payroll information
for such Transferred Employees into Buyer’s payroll system. Seller shall terminate the employment of the Transferred Employees,
such termination to be effective as of the Closing. Seller shall be responsible for providing all notices to Facility Employees that
may be required by law in connection with the transactions contemplated by this Contract, including the termination or change of employment
of any Facility Employees. Seller will waive any covenants not to compete or similar restrictive covenants that may exist between Seller
and the Offeree Employees at Closing for any Offeree Employee employed by Buyer at the Facility. Seller shall pay all severance pay obligations
with respect to all Facility Employees whose employment is terminated on or prior to the Closing or as a consequence of the transactions
contemplated by this Contract.

 

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13.5
Payment of Compensation. Seller shall be responsible for paying all compensation and wages to which the Facility Employees are
entitled through and as of the Closing Date, including wages, salaries, bonuses, benefits, and overtime, and shall withhold and pay all
payroll tax obligations associated therewith, including income tax, FICA, and FUTA obligations.

 

13.6
Accrued Paid Time Off and Other Benefits. On or before the Closing Date, Seller shall provide Buyer a schedule listing all accrued
vacation, holiday, and sick-pay days and other accrued paid time off (“PTO”) and other benefits to which each Transferred
Employee is entitled as of the Closing Date, calculated on a true accrual basis (to include both earned and unearned benefits). Seller
shall be solely responsible for PTO and other benefits to which each Transferred Employee would otherwise be entitled had they remained
employed by Seller. Buyer shall assume no liability, obligation, or responsibility for any PTO or other employee benefits accrued on
or before the Closing Date, and Buyer shall have no obligation to credit any Transferred Employees for any period of service prior to
the Closing Date for purposes of calculating any entitlement to PTO or other employee benefits after the Closing. Nothing herein constitutes
a promise or agreement by Buyer to provide employment for any employees of Seller for any period of time after the Closing Date.

 

13.7
Continuation Benefits. For so long as Seller (or a member of “Seller’s Group” as defined in Q&A-2 of Treasury
Regulation Section 54.4980B-2) maintains a group health plan after Closing, a group health plan maintained by Seller (or a member of
Seller’s Group) shall have the obligation to make continuation coverage available under the Consolidated Omnibus Budget Reconciliation
Act of 1985, as amended (“COBRA”) (or to provide COBRA continuation coverage, as the case may be) to all “M
& A Qualified Beneficiaries” (as defined in Q-4/A-4(a) of Treasury Regulation Section 54.4980B-9) whose qualifying event occurred
prior to or in connection with the sale of assets described herein and who is, or whose qualifying event occurred in connection with,
a covered employee whose last employment prior to the qualifying event was associated with the sale of assets described herein.

 

13.8
No Third Party Rights. Nothing in this Contract shall create any rights in favor of any person not a party to this Contract, including
the Facility Employees, or constitute an employment agreement or condition of employment for any employee of Seller or any of Seller’s
affiliates.

 

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14.
Representations and Warranties of Seller. Seller represents and warrants to Buyer as of the Effective Date and as of Closing
Date as follows:

 

14.1
Seller is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Tennessee, with
all requisite power and authority to own, lease, and operate the Purchased Assets and to conduct its business as currently conducted.
Seller is duly qualified to do business and is in good standing in the State of Florida. Seller has no subsidiaries and holds no equity
or ownership interest in any other entity.

 

14.2
Seller has full power and authority to enter into this Contract and to comply with the terms of this Contract. The execution, delivery,
and performance of this Contract by Seller and the sale of the Purchased Assets as contemplated by this Contract have been duly authorized
by all necessary action by and on behalf of Seller. This Contract has been duly executed and delivered by Seller and constitutes the
valid and legally binding obligation of Seller, enforceable against Seller in accordance with its terms. The person signing this Contract
on behalf of Seller is fully authorized to do so.

 

14.3
The execution and delivery of this Contract and the consummation of the transaction contemplated by this Contract, (i) will not result
in a violation of or a conflict with any provision of the articles of organization, operating agreement, or any other governing documents
of Seller; (ii) will not result in a breach of or default under any contract or agreement to which Seller is a party or by which Seller’s
assets are bound; (iii) will not result in a violation by Seller of any judgment, order, writ, injunction, decree or award of any court,
arbitrator, or governmental or regulatory official, body or authority that is applicable to Seller; and (iv) will not result in the creation
or imposition of any lien, charge, restriction or encumbrance of any kind or give to any person (other than Buyer) any interest or right
in or with respect to any of the assets, properties, agreements or interests of Seller.

 

14.4
Seller has delivered or made available to Buyer correct and complete copies of all Resident Contracts and all amendments thereto and
currently in effect. The list of Residents set forth on Schedule 14.4 is true, correct and complete in all material respects
and no Resident Fees for such Resident Contracts have been prepaid more than thirty (30) days in advance with respect to any Resident
Contracts.

 

14.5
Schedule 14.5 to this Contract lists all contracts and agreements of any kind (except the Resident Contracts) to which
Seller is a party or is bound or that affect the Purchased Assets (provided that if such Schedule is not attached to this Contract on
the Effective Date, such Schedule shall be provided by Seller to Buyer within two (2) days of the Effective Date). Seller has provided
Buyer with a true and complete copy of each such contract and agreement or a written summary if a complete copy is not available or is
not in writing. Each listed contract is in full force and effect. None of the listed contracts has been materially breached by Seller
or, to the best of Seller’s knowledge, any other party thereto. No event has occurred which, with notice or passage of time, would
constitute a breach under any of the listed contracts.

 

14.6
Seller’s inventories of supplies, including office supplies, food service supplies, and nursing supplies, have been maintained
in the ordinary course of business and are adequate for the conduct of the Facility’s operations, consistent with past practices
and experience. The inventories do not include any material amount of any items that are spoiled or obsolete. Seller is not under any
liability with respect to the return of inventories in the possession of wholesalers, retailers, or other customers.

 

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14.7
Seller has good and valid title to all of the Purchased Assets, free and clear of any and all liens, encumbrances and other charges and
restrictions, except Permitted Exceptions.

 

14.8
As of the Effective Date, the Facility had an occupancy of fifty (50) Residents.

 

14.9
There is no action, litigation, investigation, condemnation or proceeding of any kind pending or, to the best of Seller’s knowledge,
threatened against Seller or against any portion of the Purchased Assets. There is no order, judgment, decree, or other determination
by a governmental authority pending or, to the best of Seller’s knowledge, threatened against Seller, which would have a material
and adverse effect on the Purchased Assets or the ability of Seller to perform its obligations under this Contract.

 

14.10
Since December 24, 2013, without any gaps in coverage, Seller and the Facility have been continuously covered by liability, errors and
omissions, and workers’ compensation insurance. Seller does not have any outstanding claims under any of the insurance policies
except as specified in Schedule 14.10, and Seller has timely given all required notices and presented all potential or
actual claims under the insurance policies. Seller has not been refused any insurance, nor has its coverage been limited, by an insurance
carrier to which it has applied for insurance or with which it has carried insurance. Seller has fully disclosed to Buyer, and has fully
complied with, all requests by insurance companies, or by any person having responsibility for safety from fire or other hazards, for
the performance of any repairs, alterations, or other work.

 

14.11
To the best of Seller’s knowledge, Seller has complied with, and is in compliance in all material respects with, all laws, rules,
and regulations applicable to Seller or the Facility. Seller has not received notice of any alleged pending or unresolved violations
of any applicable law, rule or regulation affecting the Purchased Assets, or of any damages, defects or outstanding repair requirements,
and Seller is not under any investigation with respect to a possible violation of any laws, orders, or regulations. Without limiting
the foregoing, Seller nor anyone else on behalf of Seller has ever, directly or indirectly, offered, made, solicited, or received any
contribution or paid or delivered or committed itself to pay or deliver, any fee, commission, gift, bribe, rebate, payoff, influence
payment, kickback, or other remuneration, regardless of form, whether in money, property or services, or any other payment of money or
items of property or services, that is prohibited by law, including any remuneration offered, given, solicited, or received in return
for referrals. Neither Seller nor any of Seller’s officers, directors, agents or employees has committed any violation of laws
relating to health care fraud. No event has occurred and no circumstance exists that may constitute a violation by Seller of any laws
regulating health care fraud, including, but not limited to, the false claims, false representations, anti-kickback and all other provisions
of the Medicare/Medicaid fraud and abuse laws including but not limited to Title XVIII of the Social Security Act, 42 U.S.C. §§
1395-1395hh (Medicare), including specifically, the Ethics in Patient Referrals Act, as amended (the Stark Law), 42 U.S.C. § 1395nn;
the Federal Health Care Program Anti-Kickback Statute, 42 U.S.C. § 1320a-7b(b); the False Claims Act, 31 U.S.C. §§ 3729-3733
(as amended); the Program Fraud Civil Remedies Act, 31 U.S.C. §§ 3801-3812; the Anti-Kickback Act of 1986, 41 U.S.C. §§
51-58; the Civil Monetary Penalties Law, 42 U.S.C. §§ 1320a-7a and 1320a-7b; the Exclusion Laws, 42 U.S.C. § 1320a-7;
the Health Insurance Portability and Accountability Act of 1996, 42 U.S.C. §§ 1320d-1329d-9 and all applicable implementing
regulations, rules, ordinances, judgments, and orders (“HIPAA”), and any similar state and local statutes, regulations,
rules, ordinances, judgments, and orders. Seller has delivered to Buyer a true and complete copy of each compliance plan and all policies
and procedures in effect with respect to the Facility, if any.

 

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14.12
Neither Seller nor any person acting on its behalf has made any payment or otherwise transmitted anything of value, directly or indirectly,
to any official of any government, governmental agency, or political subdivision for the purpose of influencing any decision affecting
Seller, nor has any fund or other asset of Seller been maintained that was not fully and accurately recorded on Seller’s books
of account. Seller has not made or agreed to make any contribution, or reimbursed any political gift or contribution made by any other
person, to any candidate for federal, state, local, or foreign public office.

 

14.13
The Property is not in violation of any Environmental Laws relating to industrial hygiene, environmental conditions, hazardous waste
or toxic materials on, under or about the Property, including, without limitation, soil and groundwater conditions. Seller has received
no notice alleging a violation of any Environmental Laws. Seller further represents and warrants that, except as shown on any environmental
assessment delivered by Seller, during Seller’s ownership of the Property, (i) Seller has not used, manufactured, stored or disposed
of, on or under the Property or transported to or from the Property, Hazardous Materials other than those Hazardous Materials allowed
under Environmental Laws and customarily used, manufactured, stored, disposed of or transported in the ordinary course of construction,
repair, maintenance and operation of the Property including, without limitation, pesticides, fertilizers, solvents, cleansers and other
cleaning supplies and materials, and (ii) no third party has used, manufactured, stored or disposed of, on or under the Property or transported
to or from the Property any Hazardous Materials in reportable quantities in violation of applicable Environmental Laws.

 

14.14
Seller has not received any notice, in writing, of any special assessment which affects the Property or the other Purchased Assets and
Seller has filed all tax returns required to be filed by Seller and has paid all taxes that it has been required to pay. No tax return
of Seller is under audit or examination by any taxing authority, and no written notice of such an audit or examination has been received
by Seller. All taxes due from Seller and the Facility for periods ending on or prior to the Closing Date have been paid or will be paid
by Seller. Seller has withheld and paid over all taxes relating to Seller or the Facility that are required by applicable laws to have
been withheld and paid over (including any estimated taxes). Seller has not made any sales or received any revenues or payments and,
in the ordinary course of its business, Seller does not make any sales and does not receive any revenues or payments, with respect to
which Seller is required to collect or remit sales or use taxes.

 

14.15
Seller has no employment agreements. All Facility Employees are employed through a professional employer organization (PEO) managed by
Insperity. Seller has provided Buyer with true and complete copies of all personnel policies, employee manuals, and similar documents
applicable to Seller and the relevant staffing agreement relating to the employment or retention of the Facility Employees. All Facility
Employees possess all licenses that they are required to possess under applicable law to perform the services that they perform. Seller
is not a party to any labor contract, collective bargaining agreement, or any other arrangement with any labor union or organization.
There is no pending or, to the knowledge of Seller, threatened labor union organizing attempt, labor dispute, strike, or work stoppage
affecting the Facility. There is no pending or, to the knowledge of Seller, threatened suit, action, or unfair labor practice complaint
between Seller and any Facility Employee. No key employee or group of employees plans to terminate their employment at the Facility,
and each Facility Employee is in compliance with all applicable policies and procedures.

 

    	20

    	 

    

 

14.16
To the knowledge of Seller, Seller has complied in all material respects with the applicable requirements for its employee medical and
benefit plans as set forth in the Code and Employee Retirement Income Security Act of 1974, as amended, and the regulations promulgated
thereunder, including, without limitation, Section 4980B of the Code (as well as its predecessor provision, Section 162(k) of the Code)
and COBRA

 

14.17
There are no outstanding contracts made by Seller for any improvements to the Property, payment of which is due and owing, which have
not been or will not be fully paid for at Closing, and that Seller shall cause to be discharged or endorsed over all mechanics’
and materialmen’s liens arising from any labor or materials furnished by Seller prior to Closing which pertain to the Property.

 

14.18
Seller is not a foreign corporation, foreign partnership, foreign trust or foreign estate, as defined in the Code, and is not subject
to the provisions of Section 1445 of the Code related to the withholding of sales proceeds to foreign persons.

 

14.19
The Facility is the holder of an Extended Congregate Care License issued by AHCA to the Facility effective on December 24, 2019 (the
“License”), which provides for a total bed capacity of 54 residents (License No. 8175). A copy of the License is attached
to Schedule 14.19 hereto. The Facility is currently licensed and in good standing with AHCA. Set forth on Schedule
14.19 is a complete and accurate list of all other material licenses, permits, certificates and other governmental approvals
held by Seller (the “Authorizations”). The License and other Authorizations constitute all licenses, permits, certificates,
and other governmental approvals that are necessary for Seller to conduct its business and operations as presently conducted.

 

14.20
There is no non-compliance with applicable AHCA requirements for ongoing operation of the Facility in the State of Florida.

 

14.21
There are no legal or administrative actions pending or, any investigation by AHCA which could adversely affect the Facility’s
license or the ongoing operation of the Facility.

 

14.22
The Facility during Seller’s ownership and operation has not been the subject of an AHCA action that resulted in revocation or
suspension of the License.

 

14.23
The Facility has been operating under the Seller’s ownership since prior to December 24, 2013.

 

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14.24
To the extent Seller is eligible to receive payments under the Medicaid program and is a “provider” with valid and current
provider agreement, (a) Seller is in compliance with all conditions of participation for the Medicaid program, (b) there is no pending
or, to the knowledge of Seller, threatened proceeding or investigation under the Medicaid program involving Seller, (c) Seller has provided
to Buyer true and complete copies of Seller’s most recent survey and inspection reports prepared by each licensure, certification,
accreditation, or similar agency (including AHCA and any similar agency or organization having authority with respect to Seller), including
all statements of deficiencies and plans of correction, (d) Seller has provided Buyer with true and complete copies of all responses
to and plans of correction and material correspondence related to those reports and deficiencies and (e) Seller has complied with and
adhered to the conditions of any plan of correction submitted with respect to any deficiencies cited in any of the foregoing reports,
and no waivers of any such deficiencies have been requested or granted or are in effect. Seller has filed all reports that are required
by applicable law or contract to have been filed with third parties, including federal or state government programs and insurance carriers.
Neither Seller nor any of its current officers, directors, or agents nor any Facility Employee has been excluded from Medicare or Medicaid
or any federal health care program or been subject to sanction under the Medicare or Medicaid program.

 

14.25
Seller is solvent and able to pay and discharge its debts when and as they become due. Seller is not engaging in the transactions contemplated
by this Contract with intent to hinder, delay, or defraud either present or future creditors.

 

14.26
Neither Seller nor the managers, members, or officers controlling Seller, respectively, are acting, directly or indirectly, for or on
behalf of any person, group, entity, or nation named by the United States Treasury Department as a Specially Designated National and
Blocked Person, or for or on behalf of any person, group, entity, or nation designated in Presidential Executive Order 13224 as a person
who commits, threatens to commit or supports terrorism; and that they are not engaged in this transaction directly or indirectly on behalf
of, or facilitating this transaction directly or indirectly on behalf of, any such person, group, entity or nation.

 

14.27
Seller has delivered to Buyer (i) financial statements consisting of the balance sheet of the Facility as at December 31, 2019 and 2020
and the related statements of income and retained earnings, stockholders’ equity and cash flow for the years then ended, and (ii)
the financial statements consisting of the balance sheet of the Facility as at June 30, 2021 and the related statements of income and
retained earnings, stockholders’ equity and cash flow for the six-month period then ended, copies of each of which are attached
hereto as Schedule 14.26 (the financial statements referred to in clause (i) and clause (ii) are referred to herein as
the “Financial Statements”). The Financial Statements are true, correct and complete in all material respects, do
not exclude any facts necessary thereto, the omission of which would render such statements misleading in any material respect, have
been prepared from and are consistent with the financial books of account and other financial and accounting records of Seller which
have been maintained by the Seller in the ordinary course of business, and present fairly and accurately the results of operations of
Seller as of the dates and for the periods represented thereby, respectively. The books and records of the Seller fully and fairly reflect
all of the transactions, properties, assets and liabilities associated with the operation of the Facility. There are no special or non-recurring
items of income or expense during the periods covered by the Financial Statements, and the balance sheets included in the Financial Statements
do not reflect any write-up or revaluation increasing the book value of any assets. The Financial Statements reflect all adjustments
necessary for a fair presentation of the financial information contained therein.

 

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As
used herein, the term “Hazardous Materials” shall mean: (a) those substances included within the definitions of any
one or more of the terms “hazardous materials,” “hazardous wastes,” “hazardous substances,” “industrial
wastes,” and “toxic pollutants,” as such terms are defined under the Environmental Laws, or any of them; (b) petroleum
and petroleum products, including, without limitation, crude oil and any fractions thereof; (c) natural gas, synthetic gas, and any mixtures
thereof; (d) asbestos and or any material which contains any hydrated mineral silicate, including, without limitation, chrysotile, amosite,
crocidolite, tremolite, anthophyllite, and/or actinolite, whether friable or non-friable; (e) polychlorinated biphenyl (“PCBs”)
or PCB-containing materials or fluids; (f) radon; (g) any other hazardous or radioactive substance, material, pollutant, contaminant,
or waste; and (h) any other substance with respect to which any Environmental Law or governmental authority requires environmental investigation,
monitoring, or remediation. As used herein, the term “Environmental Laws” shall mean all federal, state, and local laws,
statutes, ordinances, and regulations, now or hereafter in effect, in each case as amended or supplemented from time to time, including,
without limitation, all applicable judicial or administrative orders, applicable consent decrees, and binding judgments relating to the
regulation and protection of human health, safety, the environment, and natural resources (including, without limitation, ambient air,
surface water, groundwater, wetlands, land surface or subsurface strata, wildlife, aquatic species and vegetation), including, without
limitation, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (42 U.S.C. §§ 9601
et seq.), the Hazardous Material Transportation Act, as amended (49 U.S.C. §§ 5101 et seq.), the Federal Insecticide, Fungicide,
and Rodenticide Act, as amended (7 U.S.C. §§ 136 et seq.), the Resource Conservation and Recovery Act, as amended (42 U.S.C.
§§ 6901 et seq.), the Toxic Substances Control Act, as amended (15 U.S.C. §§ 2601 et seq.), the Clean Air Act, as
amended (42 U.S.C. §§ 7401 et seq.), the Federal Water Pollution Control Act, as amended (33 U.S.C. §§ 1251 et seq),
the Safe Drinking Water Act, as amended (42 U.S.C. §§ 300f et seq.), any state or local counterpart or equivalent of any of
the foregoing, and any federal, state, or local transfer of ownership notification or approval statutes.

 

The
representations and warranties of Seller set forth in this Contract shall survive Closing and not be merged with the Deed for a period
of thirty-six (36) months after the Closing. In this Section, any reference to “the knowledge of Seller” or words of similar
import shall refer to and be defined as, for the purposes of this Contract, the actual personal knowledge of B.J. Parrish, an Authorized
Representative of Seller, and Tina Browning, the Administrator of Current Manager, after reasonable inquiry and investigation. Seller
represents and warrants that such individuals have read the representations and warranties given in this Contract and are the persons
employed by Seller that possess the most knowledge with respect to the subject areas set forth in this Contract.

 

15.
Radon. RADON IS A NATURALLY OCCURRING RADIOACTIVE GAS THAT, WHEN IT HAS ACCUMULATED IN A BUILDING IN SUFFICIENT QUANTITIES,
MAY PRESENT HEALTH RISKS TO PERSONS WHO ARE EXPOSED TO IT OVER TIME. LEVELS OF RADON THAT EXCEED FEDERAL AND STATE GUIDELINES HAVE BEEN
FOUND IN BUILDINGS IN FLORIDA, ADDITIONAL INFORMATION REGARDING RADON AND RADON TESTING MAY BE OBTAINED FROM THE COUNTY PUBLIC HEALTH
UNIT.

 

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16.
Risk of Loss; Casualty; Eminent Domain.

 

16.1
Casualty.

 

16.1.1
Minor Damage. In the event of loss or damage to the Purchased Assets or any portion thereof (the “premises in question”)
which is not “major” (as hereinafter defined), this Contract shall remain in full force and effect provided Seller performs
any necessary repairs or, at Seller’s option, reduces the cash portion of the Purchase Price in an amount equal to the cost of
such repairs, Seller thereby retaining all of Seller’s right, title and interest to any claims and proceeds Seller may have with
respect to any casualty insurance policies or condemnation awards relating to the premises in question. In the event that Seller elects
to perform repairs upon the Purchased Assets, Seller shall use reasonable efforts to complete such repairs promptly and the date of Closing
shall be extended a reasonable time in order to allow for the completion of such repairs.

 

16.1.2
Major Damage. In the event of a “major” loss or damage, either Seller or Buyer may terminate this Contract by written
notice to the other party, in which event the Deposit shall be immediately returned to Buyer. If neither Seller nor Buyer elects to terminate
this Contract within ten (10) days after Seller sends Buyer written notice of the occurrence of major loss or damage, then Seller and
Buyer shall be deemed to have elected to proceed with Closing, in which event Buyer shall, at Buyer’s option, either (a) receive
an assignment of all of Seller’s right, title and interest to any claims and proceeds Seller may have with respect to any casualty
insurance policies or condemnation awards relating to the premises in question and credit Buyer at Closing plus the amount of any deductible
under such casualty insurance policies or (b) Buyer may elect to terminate this Contract, receive a refund of the Deposit and neither
party shall have any further obligations under this Contract. Upon Closing, full risk of loss with respect to the Purchased Assets shall
pass to Buyer. For purposes of this Section 16, “major” loss or damage refers to the following: (i) greater five percent
(5%) of the square footage of the Improvements on the Property; (ii) an absence of reasonable access to the Property; or (iii) damage
reasonably exceeding five percent (5%) of the Purchase Price to repair, as determined by an architect selected by Seller and reasonably
approved by Buyer.

 

16.2
Eminent Domain. If, prior to the Closing, any material portion, being equal to or greater than five percent (5%) of the Purchase
Price, or all of the Purchased Assets is taken by eminent domain, then Buyer shall have the option of (a) canceling this Contract, in
which event the Deposit shall be immediately returned to Buyer, or (b) proceeding with the Closing and acquiring the Purchased Assets
as affected by such taking, together with all compensation and awards, and Seller will not settle any proceedings relating to such taking
without Buyer’s prior written consent, provided, however, that if Buyer elects to proceed with the Closing, Buyer shall not be
entitled to any reduction of the Purchase Price and Seller shall deliver any condemnation proceeds, if any, or assign the right to receive
same, and the rights to any other claims arising as a result of the damage, to Buyer at Closing. Seller shall promptly notify Buyer of
any actual or threatened condemnation affecting the Purchased Assets.

 

16.3
Cancellation. If this Contract is canceled pursuant to this Section 16, Escrow Agent shall promptly return the Deposit
to Buyer, and the parties hereto shall thereafter be released from all further obligations and liabilities hereunder, except for those
obligations of Buyer that survive Closing.

 

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17.
Seller’s Operation of the Facility. Seller covenants and agrees that between the date hereof and the Closing Date
it shall perform or observe the following with respect to the Facility:

 

17.1
Seller will keep and maintain the Purchased Assets in their present condition (ordinary wear and tear excepted) and shall continue to
operate the Facility diligently and in good faith, consistent with past practices, including by maintaining all insurance policies relating
to the business of Seller in full force and effect and maintaining sufficient staffing levels in accordance with Seller’s past
practices.

 

17.2
Seller will continue to comply with its obligations under the Resident Contracts, Assumed Contracts, the Current Management Contract
and the Current Operating Contract, shall comply with applicable local, state, and federal laws and regulations; and shall maintain in
good standing the License. After the expiration of the Inspection Period and, prior to Closing, without Buyer’s prior written consent,
Seller shall not enter into any (a) new Resident Contracts or any amendments of any kind to any existing Resident Contracts or (b) new
maintenance or vendor contract or any amendments to any Resident Contracts or Assumed Contracts that are not terminable without cause
and without payment of any termination penalty on or before the Closing.

 

17.3
Seller shall maintain inventories, supplies and other assets of Seller at customary operating levels consistent with past practices;
maintain Seller’s books, accounts and records in accordance with past practices; use reasonable efforts to preserve the goodwill
of the Facility and its relationships with Residents, suppliers, employees, referral sources, and other persons having business relations
with Seller; maintain insurance reasonably comparable to that in effect on a historical basis; pay all accounts payable as they become
due in the ordinary course of business; not take or omit to take any action that would otherwise result in a breach of any of the representations,
warranties or covenants made by Seller in this Contract; not take any action or omit to take any action would reasonably be anticipated
to have a material adverse effect on the Facility; not increase the compensation, incentive arrangements or other benefits to any employee
outside of the ordinary course of business; not purchase, sell, lease or dispose of any property or assets except in the ordinary course
of business consistent with past practice; and not delay or postpone the payment of any accounts payable.

 

17.4
Seller shall make available to Buyer and its representatives, during normal business hours and upon not less than forty-eight (48) hours
prior request, any and all books, records, documents, and information (financial or otherwise) relating to the Facility and the Purchased
Assets.

 

17.5
Seller shall prepare and file all federal, state and local tax returns required to be filed by Seller on or before the Closing Date,
including unemployment, social security, and withholding taxes, and shall pay all taxes that are due thereunder. Seller has not engaged
and does not engage in any transactions for which Seller is required to charge, withhold, or remit to the Florida Department of Revenue
any sales or use taxes or to file any sales and use tax returns.

 

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17.6
If required, Seller shall prepare and file all reports and remit all payments that Seller is required to file or remit in connection
with Seller’s participation in the Medicaid program.

 

17.7
Seller shall advise Buyer of any litigation either against Seller or affecting the Facility or the Purchased Assets. Notwithstanding
any notification to Buyer of any such litigation, Buyer shall not assume any liability or obligation with respect to any such litigation,
all of which liability and obligations shall remain with Seller.

 

17.8
Seller will give any notices to third parties, and will use reasonable diligence to obtain any third-party consents, that may be required
in connection with the sale and purchase of the Purchased Assets contemplated by this Contract.

 

17.9
Seller shall give prompt written notice to Buyer of any material adverse development affecting the Purchased Assets or the liabilities,
business, financial condition, or operations of Seller.

 

17.10
Seller shall cooperate with Buyer in all reasonable respects and shall provide such information as is necessary for an orderly transition
of the operation of the Facility to the Buyer.

 

18.
Representations and Warranties of Buyer. Buyer hereby represents and warrants to Seller as follows:

 

18.1
Buyer has the full right, power and authority to purchase the Purchased Assets as provided in this Contract and to carry out Buyer’s
obligations hereunder, and all requisite action necessary to authorize Buyer to enter into this Contract and to carry out its obligations
hereunder have been, or by the Closing will have been taken.

 

18.2
Buyer is not owned in whole or in part, nor does Buyer own or hold any part of the beneficial ownership in, Seller, nor is Buyer or any
member, partner, shareholder, equity owner, manager, officer or employee of Buyer affiliated in any manner with the former owner of the
Purchased Assets.

 

18.3
Neither Buyer nor the officers and directors controlling Buyer, respectively, are acting, directly or indirectly, for or on behalf of
any person, group, entity, or nation named by the United States Treasury Department as a Specially Designated National and Blocked Person,
or for or on behalf of any person, group, entity, or nation designated in Presidential Executive Order 13224 as a person who commits,
threatens to commit or supports terrorism; and that they are not engaged in this transaction directly or indirectly on behalf of, or
facilitating this transaction directly or indirectly on behalf of, any such person, group, entity or nation.

 

19.
Billing and Accounts Receivable.

 

19.1
Right to Bill and Collect. Buyer shall have the exclusive right to bill for all services provided by the Facility on and after
the Closing Date and to receive and retain all fees and revenues for such services. To the extent permitted by governmental agencies
administering the Medicaid program, Buyer is expressly authorized to bill for such post-Closing services provided for Residents eligible
for Medicaid benefits using the Medicaid provider number assigned to Seller, if any, and to receive and retain all fees and revenues
for such services.

 

    	26

    	 

    

 

19.2
Closing Date Accounts Receivable and Prepayments. Seller shall retain its right, title, and interest in and to all unpaid accounts
receivable with respect to the operation of the Facility that relate to periods prior to the Closing Date. On or before the Closing Date,
Seller shall deliver to Buyer a list of all Residents who have outstanding balances owed to Seller for services rendered prior to the
Closing Date and the amount of the balance due from each of those Residents. Seller shall remit to Buyer the portion of any pre-payments
that have been received by Seller prior to the Closing Date that apply to any period following the Closing Date, as provided in paragraph
17.3.3 below.

 

19.3
Allocation of Payments. Payments received by Seller or Buyer on or after the Closing Date with respect to the operation of the
Facility shall be handled as follows:

 

19.3.1
If the accompanying remittance advice correctly indicates, or if Buyer and Seller agree, that the payment relates solely to periods prior
to the Closing Date, then: (A) if the payment is received by Buyer, Buyer shall promptly (and in any event, not later than ten (10) business
days following its receipt of such payment) remit the payment to Seller, and until so remitted, the payment shall be held in trust for
the benefit of Seller; and (B) if the payment is received by Seller, then Seller shall retain the payment.

 

19.3.2
If the accompanying remittance advice correctly indicates, or if Buyer and Seller agree, that the payment relates solely to periods on
or after the Closing Date, then: (A) if the payment is received by Seller, Seller shall promptly (and in any event, not later than ten
(10) business days following its receipt of such payment) remit the payment to Buyer, and until so remitted, the payment shall be held
in trust for the benefit of Buyer; and (B) if the payment is received by Buyer, then Buyer shall retain the payment.

 

19.3.3
If the accompanying remittance advice correctly indicates, or if Buyer and Seller agree, that the payment relates to periods both prior
to and after the Closing, then Seller shall be entitled to that portion of the payment that relates to periods prior to the Closing Date
and Buyer shall be entitled to that portion of the payment that relates to the periods on or after the Closing Date. For this purpose,
the portion of such payments that relate to periods prior to the Closing Date shall be determined based on a ratio, the numerator of
which is the number of days of service to which the payments apply that occurred prior to the Closing Date and the denominator of which
is the total number of days of service to which the payments apply; and the portion of the payments that relate to periods on or after
the Closing Date shall be determined based on a ratio, the numerator of which is the number of days of service to which the payments
apply that occurred on or after the Closing Date and the denominator of which is the total number of service to which the payments apply.
If such a payment is made to Buyer, then Buyer shall promptly (and in any event, not later than ten (10) business days following its
receipt of such payment) remit to Seller the portion of such payment to which Seller is entitled, and until so remitted, the portion
of the payment to which Seller is entitled shall be held in trust for the benefit of Seller. If such a payment is made to Seller, then
Seller shall promptly (and in any event, not later than ten (10) business days following its receipt of such payment) remit to Buyer
the portion of such payment to which Buyer is entitled, and until so remitted, the portion of the payment to which Buyer is entitled
shall be held in trust for the benefit of Buyer.

 

    	27

    	 

    

 

19.3.4
If Buyer or Seller receives a payment during the first year after the Closing Date from or on behalf of a resident who has an outstanding
balance for services rendered prior to the Closing Date and the payment or documentation accompanying the payment does not specify the
period to which the payment applies, the payment will first be applied to the Resident’s balance outstanding as of the Closing
Date, and Buyer shall be entitled to retain any portion of the payment remaining after the pre-Closing Date balance is reduced to zero.

 

19.3.5
Misapplied Payments. If any payment is misapplied by either of the parties, the party that erroneously received or applied the
payment shall promptly (and in any event within five (5) days after the misapplication of the payment is discovered) remit the payment
to the party entitled to receive the payment.

 

20.
Buyer Liability. Notwithstanding anything to the contrary in this Contract or in any other writing, nothing in this Contract
or in any such other writing shall be construed to constitute the assumption, express or implied, by Buyer of any liabilities or obligations
of Seller, except obligations arising from and after the Closing Date under the Resident Contracts and Assumed Contracts expressly assumed
by Buyer.

 

21.
Recordation. Buyer agrees that disclosure of this Contract would be detrimental to Seller and hamper its future negotiations
with third parties and, therefore, it is agreed that no disclosure shall be made by Buyer, except as provided in Section 29, below,
without the written approval of Seller and that this Contract shall not be recorded in any public records. The provisions of this Section
21 shall survive Closing and delivery of the Deed. Notwithstanding the foregoing, Buyer shall be permitted to record a memorandum
of contract memorializing the terms of this Contract, in recordable form.

 

22.
Remedies for Default.

 

22.1
In the event of a default by Buyer under the terms hereof, Seller’s sole remedy, at law or in equity, shall be to receive the Deposit
and interest earned thereon, if any, as liquidated damages (and not as a penalty) and thereafter, this Contract shall be deemed to be
terminated and of no force and effect, except for those provisions that specifically survive termination. Seller waives all other remedies
it may have against Buyer at law or in equity. Buyer acknowledges that Seller will take certain actions, forego opportunities and incur
expenses related to and arising out of Seller’s obligations and duties as contained in this Contract. Buyer further acknowledges,
having been carefully advised by counsel at the time of the execution of this Contract, that the Deposit paid to Seller pursuant to the
provisions hereof, represents a reasonable endeavor by the parties to ascertain that said sums would be the minimal damages suffered
by Seller in the event of a default or breach hereof by Buyer.

 

22.2
In the event of a breach or default by Seller under the terms hereof, Buyer may, at its option, if it is not in default hereunder, (a)
elect to terminate the Contract and receive the Deposit, in which case Buyer shall be entitled to exercise any and all rights and remedies
which it may have under this Contract, at law and/or in equity due to such Seller breach or default or (b) pursue the remedy of specific
performance.

 

    	28

    	 

    

 

The
parties further agree and stipulate that the terms of this Section 22 shall survive the Closing or earlier termination of this
Contract.

 

23.
Litigation. In connection with any litigation arising out of this transaction, or the interpretation or enforcement of
this Contract, the prevailing party shall be entitled to recover from the party not prevailing its reasonable costs and attorney, paralegal
and experts’ fees in connection with all proceedings and all levels of proceedings. This Section 23 shall survive the Closing
or the earlier termination of this Contract.

 

24.
Notices. Notices. All notices, claims, demands, and other communications hereunder shall be in writing and shall be deemed
to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by
a nationally recognized overnight courier (receipt requested); (c) on the date sent by email of a PDF document (with confirmation of
transmission) if sent during normal business hours of the recipient, and on the next business day if sent after normal business hours
of the recipient; or (d) on the third day after the date mailed, by certified or registered mail, return receipt requested, postage prepaid,
if sent to the respective parties at the following addresses (or at such other address for a party as shall be specified in a notice
given in accordance with this Section 24):

 

	 	As
    to Seller: 	MCA
    Naples, LLC
	 	 	8800
    Village Drive, Suite 201
	 	 	San
    Antonio, Texas 72817
	 	 	Attn:
    B.J. Parrish
	 	 	Email:
    bj@myclearday.com
	 	 	 
	 	with
    a copy to: 	GrayRobinson,
    P.A.
	 	 	3838
    Tamiami Trail North, Suite 410
	 	 	Naples,
    Florida 34103
	 	 	Attn:
    Shaun M. Garry, Esq.
	 	 	Email:
    shaun.garry@gray-robinson.com
	 	 	 
	 	As
    to Buyer: 	Naples
    Property Ventures, LLC
	 	 	11290
    Walsingham Road
	 	 	Largo,
    Florida 33778
	 	 	Attn:
    Dana D. Scott, Manager
	 	 	Email:
    dana.scott@greenalfs.com
	 	 	 
	 	with
    copy to:	Shutts
    & Bowen LLP
	 	 	300
    South Orange Avenue, Suite 1600 
	 	 	Orlando,
    Florida 32801
	 	 	Attn:
    Brian M. Jones, Esq.
	 	 	Email:
    bjones@shutts.com

 

    	29

    	 

    

 	 	As
    to Escrow Agent:	Brian
    M. Jones, Esq.
	 	 	Shutts
    & Bowen LLP
	 	 	300
    South Orange Avenue, Suite 1600 
	 	 	Orlando,
    Florida 32801 
	 	 	Email:
    bjones@shutts.com

 

25.
Interpretation. This Contract shall be governed, construed, and enforced in accordance with the law of the State of Florida
(excluding its conflicts of laws provisions). This Contract embodies the entire agreement between the parties concerning the subject
matter of this Contract and supersedes all prior and contemporaneous written, oral, implied, and express agreements and understandings
relating to the Purchased Assets. No covenant, agreement, representation or warranty, whether written or oral, made or executed by any
party hereto or its agent shall bind any party hereto unless specifically set forth in this Contract. The provisions of this Contract
may be waived or amended only by written instrument executed by the party against whom enforcement of the waiver or amendment is sought.
The section headings herein contained are for the purposes of identification only and shall not be considered in construing this Contract.
All of the parties to this Contract have participated freely in the negotiation and preparation of this Contract and this Contract shall
not be more strictly construed against any one of the parties hereto. This Contract may be executed in any number of counterparts, each
of which shall be deemed an original and all of which together shall constitute one and the same instrument. The terms “Seller”
and “Buyer” shall include the heirs, executors, administrators, personal representatives, successors and assigns of the respective
parties hereto. Whenever used the singular number shall include the plural and the plural the singular, and the use of any gender shall
include all genders. No reference or use shall be made of any previous draft of this Contract or of any negotiations with respect thereto
in construing this Contract. As used herein, the word “including” shall be construed to mean “including, without limitation.”

 

26.
Brokers. Seller represents and warrants to Buyer that no broker or finder has been engaged by it in connection with this
transaction. If a claim for broker’s or finder’s fee or commission is asserted in connection with the negotiation, execution
or consummation of this Contract in violation of this representation, warranty and agreement, the party at fault shall indemnify, save
harmless and defend the other party from and against such claim (including reasonable attorney, paralegal and expert fees and disbursements
in all proceedings and at all levels of proceedings). This Section 26 shall survive the Closing or the earlier termination of
this Contract.

 

27.
Severability. This Contract is intended to be performed in accordance with, and only to the extent permitted by, applicable
law. If any provision of this Contract or the application thereof to any person or circumstances shall be invalid or unenforceable for
any reason, the remainder of this Contract and the application of such provision to other persons or circumstances shall not be affected
and shall be enforced to the greatest extent permitted by law.

 

28.
Relationship. Nothing contained in this Contract shall be construed to be or to create a partnership, joint venture, or
relationship between Seller and Buyer other than as Buyer and Seller of the Purchased Assets pursuant to this Contract. This Contract
shall bind, inure to the benefit of, and be enforceable by the parties hereto and their respective heirs, personal representatives, successors
and assigns.

 

    	30

    	 

    

 

29.
Confidentiality. Until the Closing, each party agrees to keep all discussions and negotiations with the other party, which
shall include, without limitation, the terms of this Contract, and all information obtained by or provided regarding the Purchased Assets,
in strict confidence and shall not disclose the same except to such party’s attorneys, lenders, investors or professional advisors
who are actively and directly participating in the transaction, each of whom will be informed by such party of the confidential nature
of this transaction and all discussions, negotiations and terms thereof, be provided with a copy of this provision, and agree to observe
the same terms and conditions set forth herein as if specifically named a party hereto. Notwithstanding the foregoing, nothing in this
Contract prohibits Buyer from disclosing this Contract and the transactions contemplated by this Contract to AHCA, in connection with
the Application and Buyer’s Medicaid enrollment application. In the event of a breach or threatened breach by a party of this Section
29, the other party shall be entitled to an injunction restraining the breaching party from disclosing, in whole or in part, such
confidential information and/or recovery of damages; however, notwithstanding anything in this Contract to the contrary, Seller expressly
acknowledges and agrees that it shall not be entitled to receive the Deposit as liquidated damages solely as a result of a breach by
Buyer of this Section 29. If any party is compelled to disclose any information by judicial or administrative process or by other
requirements of applicable law, such party shall promptly notify the other in writing and shall disclose only that portion of such information
which such party is advised by its counsel in writing is legally required to be disclosed, provided that, other than with respect
to filings with the Securities and Exchange Commission, such party shall use reasonable best efforts to obtain an appropriate protective
order or other reasonable assurance that confidential treatment will be accorded such information.

 

30.
Public Disclosure. Prior to Closing, any release to the public of information by Buyer or Seller with respect to the matters
set forth in this Contract will be made only in the form approved by Seller and its counsel in the case of a disclosure by Buyer and
by Buyer and its counsel in the case of a disclosure by Seller.

 

31.
Successors and Assigns. This Contract shall be binding upon and shall inure to the benefit of the parties hereto and their
respective successors and permitted assigns. Neither party may assign its rights or obligations hereunder without the prior written consent
of the other party; provided, however, that prior to the Closing Date, Buyer may, without the prior written consent of Seller,
assign all or any portion of its rights under this Contract to an entity controlled by, controlling or under common control with Buyer.

 

32.
Time of Essence. Seller and Buyer agree that time is of the essence of this Contract.

 

33.
Effective Date. “Effective Date” means the last date that the last signatory for either Buyer or Seller
executes this Contract. Any time period provided for herein which ends on a Saturday, Sunday or legal holiday shall automatically extend
through and including the next business day.

 

    	31

    	 

    

 

34.
Venue and Applicable Law. THIS CONTRACT SHALL IN ALL RESPECTS BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
SUBSTANTIVE FEDERAL LAWS OF THE UNITED STATES AND THE LAWS OF THE STATE OF FLORIDA. SELLER AND BUYER HEREBY IRREVOCABLY SUBMIT TO THE
EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT SITTING IN COLLIER COUNTY, FLORIDA, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR
RELATING TO THIS CONTRACT AND HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING SHALL BE HEARD AND DETERMINED
IN A STATE OR FEDERAL COURT SITTING IN COLLIER COUNTY, FLORIDA. TO THE EXTENT PERMITTED BY LAW, EACH PARTY HERETO IRREVOCABLY WAIVES
ANY RIGHT ANY PARTY HERETO MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS, TO ASSERT THAT ANY PARTY HERETO IS NOT SUBJECT
TO THE JURISDICTION OF THE AFORESAID COURTS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION
34.

 

35.
No Third Party Beneficiary. Except as set forth in Section 38, the provisions of this Contract and of the documents
to be executed and delivered at Closing are and will be for the benefit of Seller and Buyer only and are not for the benefit of any third
party, and accordingly, no third party shall have the right to enforce the provisions of this Contract or of the documents to be executed
and delivered at Closing.

 

36.
Energy-Efficiency Rating Disclosure. In accordance with Florida Statutes Section 553.996, Buyer may have the Facility’s
energy-efficiency rating determined. Buyer acknowledges that it has received from Seller a copy of The Florida Building Energy-Efficiency
Rating System Brochure as provided by the State of Florida Department of Community Affairs.

 

37.
1031 Exchange. Either party may consummate the purchase or sale of the Purchased Assets as part of a so-called like kind
exchange (an “Exchange”) pursuant to Section 1031 of the Code, provided that (a) the Closing shall not be delayed
or affected by reason of an Exchange nor shall the consummation or accomplishment of any Exchange be a condition precedent or condition
subsequent to a party’s obligations under this Contract; (b) any party desiring an Exchange shall effect its Exchange through an
assignment of this Contract, or its rights under this Contract, to a qualified intermediary (without relieving the assigning
party of its obligations hereunder); and (c) the party desiring an Exchange shall pay any reasonable additional costs that would not
otherwise have been incurred by the other party had the party initiating the Exchange not consummated its purchase or sale through an
Exchange. Neither party shall by this Contract, nor acquiescence to an Exchange desired by the other party, have its rights under this
Contract affected or diminished in any manner or be responsible for compliance with or be deemed to have warranted to the other party
that such party’s Exchange in fact complies with Section 1031 of the Code.

 

38.
Indemnification.

 

38.1
Survival. Subject to the limitations and other provisions of this Contract, the representations and warranties contained herein
shall survive the Closing and shall remain in full force and effect until the date that is thirty-six (36) months from the Closing Date
(“Indemnity Expiration Date”). All covenants and agreements of the parties contained herein shall survive the Closing
indefinitely or for the period explicitly specified therein. Notwithstanding the foregoing, any claims asserted in good faith with reasonable
specificity (to the extent known at such time) and in writing by notice from the non-breaching party to the breaching party prior to
the expiration date of the applicable survival period shall not thereafter be barred by the expiration of the relevant representation
or warranty and such claims shall survive until finally resolved.

 

    	32

    	 

    

 

38.2
Indemnification of Buyer. Subject to the other terms and conditions of this Section 38, Seller shall indemnify and defend
each of Buyer and its affiliates and their respective members, partners, venturers, stockholders, directors, officers, employees, legal
representatives, agents, successors and assigns (collectively, the “Buyer Indemnified Parties”) against, and shall
hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all losses, damages, liabilities,
deficiencies, proceedings, judgments, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys’
fees and the cost of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers (collectively,
“Losses”) incurred or sustained by, or imposed upon, the Buyer Indemnified Parties based upon, arising out of, with
respect to or by reason of:

 

38.2.1
any inaccuracy in or breach of any of the representations or warranties of Seller contained in this Contract or in any certificate or
instrument delivered by or on behalf of Seller pursuant to this Contract, as of the date such representation or warranty was made or
as if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly
relate to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date);

 

38.2.2
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Seller pursuant to this Contract or any certificate
or instrument delivered by or on behalf of Seller pursuant to this Contract;

 

38.2.3
any Excluded Asset or Excluded Liability;

 

38.2.4
any and all obligations to third parties relating to pay-backs, overpayments, fines, penalties, claims, or liabilities due to the Medicaid
program relating to, arising from, or with respect to the operation of the Facility prior to the Closing Date; and

 

38.2.5
any Third Party Claim based upon, resulting from or arising out of the business, operations, properties, assets or obligations of Seller
or any of its affiliates conducted, existing or arising on or prior to the Closing Date.

 

No
party shall be entitled to any Losses to the extent of any special or consequential damages including claims for lost profit.

 

38.3
Indemnification of Seller. Subject to the other terms and conditions of this Section 38, Buyer shall indemnify and defend
each of Seller and its affiliates and their respective members, partners, venturers, stockholders, directors, officers, employees, legal
representatives, agents, successors and assigns (collectively, the “Seller Indemnified Parties”) against, and shall
hold each of them harmless from and against, and shall pay and reimburse each of them for, any and all Losses incurred or sustained by,
or imposed upon, the Seller Indemnified Parties based upon, arising out of, with respect to or by reason of:

 

38.3.1
any inaccuracy in or breach of any of the representations or warranties of Buyer contained in this Contract or in any certificate or
instrument delivered by or on behalf of Buyer pursuant to this Contract, as of the date such representation or warranty was made or as
if such representation or warranty was made on and as of the Closing Date (except for representations and warranties that expressly relate
to a specified date, the inaccuracy in or breach of which will be determined with reference to such specified date);

 

    	33

    	 

    

 

38.3.2
any breach or non-fulfillment of any covenant, agreement or obligation to be performed by Buyer pursuant to this Contract;

 

38.3.3
any and all obligations to third parties relating to pay-backs, overpayments, fines, penalties, claims, or liabilities due to the Medicaid
program relating to, arising from, or with respect to the operation of the Facility after the Closing Date;

 

38.3.4
any Third Party Claim based upon, resulting from or arising out of the business, operations, properties, assets or obligations of Buyer
or any of its affiliates conducted, existing or arising after the Closing Date; or

 

38.3.5
any Assumed Liability.

 

38.4
Notice and Procedure. Any party claiming indemnity hereunder (hereinafter referred to as the “Indemnified Party”)
shall give the party against whom indemnity is sought (hereinafter referred to as the “Indemnifying Party”) prompt
written notice prior to the Indemnity Expiration Date after obtaining knowledge of any claim or the existence of facts as to which recovery
may be sought against the Indemnifying Party because of the indemnity provisions set forth in this Section 38. If such claim for
indemnity arises in connection with a legal action instituted by a third party (hereinafter a “Third Party Claim”),
the Indemnified Party hereby agrees that, within twenty (20) days after it is served with notice of the assertion of any Third Party
Claim for which it may seek indemnity hereunder, the Indemnified Party will notify the Indemnifying Party in writing of such Third Party
Claim. The Indemnifying Party shall, within five (5) business days after the date that the Indemnified Party gives notice of a claim
(whether a Third Party Claim or otherwise) as provided above, notify the Indemnified Party whether it accepts or contests its obligation
of indemnity hereunder as claimed by the Indemnified Party. If the claim for indemnity arises in connection with a Third Party Claim
and the Indemnifying Party accepts its indemnity obligation hereunder, the Indemnifying Party shall have the right, after conceding in
writing its obligation of indemnity hereunder, to conduct the defense of such action at its sole expense through counsel reasonably acceptable
to the Indemnified Party. The Indemnified Party shall cooperate in such defense, at the expense of the Indemnifying Party, as reasonably
necessary to enable the Indemnifying Party to conduct its defense, including providing the Indemnifying Party with reasonable access
to such records as may be relevant to its defense. The Indemnifying Party shall be entitled to settle any such Third Party Claim without
the prior written consent of the Indemnified Party provided that the Indemnifying Party provides the Indemnified Party with reasonable
assurances that the Indemnified Party will be fully indemnified by the Indemnifying Party in connection with any such Third Party Claim
and provided that the settlement does not include any award of damages or equitable relief against the Indemnified Party. The Indemnified
Party shall be entitled to retain its own counsel at its own expense in connection with any Third Party Claim that the Indemnifying Party
has elected to defend. If the Indemnifying Party accepts its indemnity obligations hereunder in connection with a Third Party Claim but
elects not to conduct the defense thereof, the Indemnified Party may defend or settle such Third Party Claim and shall be entitled to
be indemnified for the full amount of such claim and all costs and expenses, including attorneys’ fees, incurred in connection
therewith pursuant to this Section 38. If the claim for indemnity arises in connection with a Third Party Claim and the Indemnifying
Party contests or does not accept its indemnity obligation hereunder, the Indemnified Party shall have the right to defend or settle
such Third Party Claim and thereafter seek indemnity from the other party pursuant to this Section 38; provided, however,
that the Indemnified Party shall not settle any such claim without the prior written consent of the Indemnifying Party, which consent
shall not be unreasonably withheld. If the claim for indemnity arises other than in connection with a Third Party Claim and the Indemnifying
Party accepts its indemnity obligation hereunder, the Indemnifying Party shall, upon the request of the Indemnified Party, pay the full
amount of such claim to the Indemnified Party or to the third party asserting such claim as directed by the Indemnified Party. If the
claim for indemnity arises other than in connection with a Third Party Claim and the Indemnifying Party contests its indemnity obligation
hereunder, the Indemnified Party shall have the right to defend, settle or take any other action with respect to such claim and thereafter
seek indemnity pursuant to this Section 38; provided, however, that the Indemnified Party shall not settle any such
claim without the prior written consent of the Indemnifying Party, which consent shall not be unreasonably withheld. Any indemnity claim
that is made prior to the Indemnity Expiration Date shall survive the Indemnity Expiration Date until such claim is finally resolved.

 

38.5
Indemnification Remedy. The indemnification rights described in this Section 38 are in addition to, and not in derogation
or limitation of, any contractual, statutory, or common law right or remedy that any party may have as a result of a breach of this Contract
by the other party.

 

39.
Waiver of Jury Trial. SELLER AND BUYER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION BASED ON THIS CONTRACT, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS CONTRACT
OR ANY AGREEMENT CONTEMPLATED TO BE EXECUTED IN CONNECTION WITH THIS CONTRACT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS
(WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY WITH RESPECT HERETO. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE ACCEPTANCE OF
THIS CONTRACT FROM BUYER. EACH PARTY CONSENTS TO THE ISSUANCE AND SERVICE OF PROCESS UPON ANY OF ITS GENERAL PARTNERS, IF IT IS A PARTNERSHIP.

 

[SIGNATURES
ON FOLLOWING PAGE]

[REMAINDER
OF PAGE INTENTIONALLY BLANK]

 

    	34

    	 

    

 

IN
WITNESS WHEREOF, Buyer and Seller have executed this Contract on the date(s) set forth below.

 

	WITNESSES:	 	SELLER:
	 	 	 	 
	 	 	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 	 
	Printed
    Name:	 	 	By:	            
	 	 	 	Name:	 
	 	 	 	Title:	 
	 	 	 	Date:	 
	 	 	 	 	 
	 	 	 	 
	Printed
    Name:	 	 	 	 
	 	 	 	 	 
	WITNESSES:	 	BUYER:
	 	 	 	 
	 	 	 	NAPLES
    PROPERTY VENTURES, LLC, a Florida limited liability company
	 	 	 	 
	Printed
    Name:	 	 	By:	 
	 	 	 	Name:	 
	 	 	 	Title:	 
	 	 	 	Date:	 
	 	 	 	 	 
	 	 	 	 
	Printed
    Name:	 	 	 	 

 

    	35

    	 

    

 

RECEIPT
AND CONTRACT

 

The
undersigned acknowledges receipt, subject to collection, of the Deposit in the amount of ONE HUNDRED THOUSAND and No/100 Dollars ($100,000.00)
as the Deposit under the Contract for Sale and Purchase between MCA NAPLES, LLC, as Seller, and NAPLES PROPERTY VENTURES, LLC,
a Florida limited liability company, as Buyer, dated effective as of September [*], 2021 (the “Contract”). The undersigned
agrees to act as Escrow Agent pursuant to the terms of the Contract and to hold and disburse the Deposit in accordance with the Contract.

 

Executed
by Escrow Agent on the date set forth below.

 

	 	ESCROW
    AGENT:
	 	 
	 	SHUTTS
    & BOWEN LLP
	 	 	 
	 	By:
    	            
	 	Name:
    	 
	 	Title:
    	 
	 	Date:
    	 

 

    	36

    	 

    

 

exhibits
& scheduleS INDEX

 

	Exhibit
    A	Form
    of Escrow Agreement
	 	 
	Exhibit
    B	[Reserved]
	 	 
	Exhibit
    C	Form
    of Deed
	 	 
	Exhibit
    D	Form
    of Bill of Sale and Assignment of Intangibles
	 	 
	Exhibit
    E	Form
    of Assignment of Resident Contracts
	 	 
	Exhibit
    F	Form
    of Assignment of Contracts
	 	 
	Exhibit
    G	Form
    of Resident Notification Letter
	 	 
	Exhibit
    H	Form
    of FIRPTA Affidavit
	 	 
	Exhibit
    I	Form
    of Non-Competition Agreement
	 	 
	Schedule
    2.1.1	Land
	 	 
	Schedule
    2.1.3	Personal
    Property
	 	 
	Schedule
    2.1.5	Assumed
    Contracts
	 	 
	Schedule
    2.1.6	Resident
    Contracts
	 	 
	Schedule
    2.2.4	Certain
    Excluded Assets
	 	 
	Schedule
    14.4	Residents
	 	 
	Schedule
    14.5	Contracts
	 	 
	Schedule
    14.10	Insurance
    Claims
	 	 
	Schedule
    14.19	License
    and Authorizations
	 	 
	Schedule
    14.26	Financial
    Statements

 

    	37

    	 

    

 

EXHIBIT
A

 

HOLDBACK
ESCROW AGREEMENT

 

THIS
HOLDBACK ESCROW AGREEMENT (this “Escrow Agreement”), is dated as of the [*] day of [*], 2021 (the “Effective
Date”), by and among MCA NAPLES, LLC, a Tennessee limited liability company (“Seller”), NAPLES
PROPERTY VENTURES, LLC, a Florida limited liability company (“Buyer”), and SHUTTS & BOWEN LLP (“Escrow
Agent”). Seller, Buyer, and Escrow Agent shall each be individually referred to as a “Party” and collectively
referred to as the “Parties.”

 

RECITALS

 

WHEREAS,
Buyer and Seller have entered into that certain Contract for Sale and Purchase dated as of June [*], 2021 (the “Purchase Agreement”),
pursuant to which Seller has agreed to sell to Buyer, and Buyer has agreed to purchase from Seller, substantially all of the assets used
in the operation of Seller’s assisted living facility located at 2626 Goodlette-Frank Road, Naples, Florida 34105;

 

WHEREAS,
the Purchase Agreement provides that a portion of the Purchase Price shall be deposited by Buyer into escrow to be held and distributed
by the Escrow Agent in accordance with the terms of this Escrow Agreement; and

 

WHEREAS,
the execution and delivery of this Escrow Agreement is a condition to the parties’ obligations under the Purchase Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained in this Escrow Agreement and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

1. Defined
Terms. All capitalized terms used in this Escrow Agreement not otherwise defined herein are given the meanings set forth in the
Purchase Agreement.

 

2. Escrow
Deposit.

 

(a)
Simultaneously with the execution and delivery of this Escrow Agreement, an amount equal to Three Hundred Thousand and 00/100 Dollars
($300,000.00) (the “Escrow Amount”) has been deposited, by wire transfer of immediately available funds, with the
Escrow Agent pursuant to Section 3.2 of the Purchase Agreement. The Escrow Amount, together with all interest and other amounts earned
thereon or derived therefrom, if any (“Escrow Income”) (collectively with the Escrow Amount, the “Escrow
Funds”), will be available to satisfy any Losses incurred or sustained by, or imposed upon, Buyer and its officers, directors,
managers, shareholders, partners, members, employees and agents (each of the foregoing, a “Buyer Indemnified Party”)
that are recoverable from Seller pursuant to and in accordance with the provisions of Section 38.2 of the Purchase Agreement. The Escrow
Agent shall not distribute or release the Escrow Funds except in accordance with the express terms and conditions of this Escrow Agreement.

 

    	Ex. A-1

    	 

    

 

(b)
Escrow Agent may establish an interest-bearing account (the “Escrow Account”) and shall hold the Escrow Funds in escrow
in the Escrow Account in accordance with the terms of this Escrow Agreement. Alternatively, the Escrow Funds may be held by Escrow Agent
in its non-interest bearing IOLTA trust account, in which case, such IOLTA trust account shall constitute the “Escrow Account”
hereunder. All interest earned thereon, if any, shall belong to Buyer. Prior to the date hereof, each of Buyer and Seller shall provide
the Escrow Agent with a fully executed Internal Revenue Service Form W-9, or W-8, properly completed and signed, and such other forms
and documents that the Escrow Agent may reasonably request.

 

3. Release
of Escrow Funds. The Escrow Funds held pursuant to this Escrow Agreement are intended to provide a non-exclusive source of funds
for the payment of any amounts which may become payable in respect of the claims and matters described in Section 2(a) above,
on or prior to the Distribution Date (as defined below). The Escrow Funds shall only be distributed and released as
follows:

 

(a)
Indemnification Related Claims.

 

(i)
At any time and from time to time on or prior to the date that is thirty-six (36) months after the date hereof (the “Escrow
Release Date”), if any Buyer Indemnified Party makes a claim for indemnity pursuant to Section 38.2 of the Purchase Agreement
(a “Claim”), the Buyer Indemnified Party (or Buyer on its behalf) shall deliver to the Escrow Agent and Seller a written
notice (an “Escrow Notice”) setting forth in reasonable detail the amount, nature, and basis of the Claim by the Buyer
Indemnified Party. If the Escrow Agent has not received a written objection to such Claim or portion thereof or the amount of such Claim
from Seller within fifteen (15) days following the Escrow Agent’s and Seller’s receipt of such Escrow Notice, then on the
sixteenth (16th) day following such receipt, the Escrow Agent shall release, by wire transfer to an account or accounts designated
by Buyer, an amount of Escrow Funds from the Escrow Account equal to the amount of such Claim.

 

(ii)
If Seller in good faith delivers to the Escrow Agent and Buyer a written objection (a “Dispute Notice”) to any Claim
or portion thereof or the amount of such Claim within fifteen (15) days following both the Escrow Agent’s and Seller’s receipt
of such Escrow Notice, then the Escrow Agent shall not distribute to Buyer any portion of the Escrow Funds in the Escrow Account that
is the subject of the Dispute Notice until the Escrow Agent receives either (A) joint written instructions signed by Seller and Buyer
authorizing the release to Buyer of the portion of the Escrow Funds in the Escrow Account that is agreed upon as the amount recoverable
in respect of the Dispute Notice or (B) a final and non-appealable order of any court of competent jurisdiction directing the release
to Buyer of the portion of the Escrow Funds in the Escrow Account that is determined to be the amount recoverable in respect of the Dispute
Notice; provided, that notwithstanding the foregoing, if Seller objects in part to the amount of the Claim, the Escrow Agent shall,
after the lapse of the aforementioned fifteen (15) day period, deliver to Buyer an amount from the Escrow Fund equal to the portion of
the Claim not objected to by Seller. Upon receipt of such joint written instructions or such final and non-appealable order, as the case
may be, the Escrow Agent shall release to Buyer such amount of the Escrow Funds in the Escrow Account in accordance with such written
instructions or final and non-appealable order.

 

    	Ex. A-2

    	 

    

 

(iii)
Notwithstanding the foregoing, if, as of the date that is eighteen (18) months following the Effective Date (the “Adjustment
Date”), all Claims made as of such date do not exceed One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00) in the aggregate,
then the Escrow Funds shall be reduced to One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00) and the Escrow Agent shall release
to Seller the amount of the Escrow Funds in excess of such amount within ten (10) days after the Adjustment Date.

 

(b)
Release of Remaining Escrow Funds.

 

(i)
Within five (5) business days of the Escrow Release Date (the “Distribution Date”), the Escrow Agent shall release
to Seller, by wire transfer to an account or accounts designated by Seller, the remaining balance of the Escrow Funds in the Escrow Account,
less the amount of all Unresolved Claims. For purposes of this Escrow Agreement, the term “Unresolved Claims” shall
mean, as of the Escrow Release Date, the aggregate amount of all Claims that are the subject of a Dispute Notice that have not previously
been resolved or satisfied in accordance herewith or that were otherwise properly and timely asserted under this Escrow Agreement but
otherwise unsatisfied as of the Escrow Release Date, including any Claims for which an Escrow Notice has been delivered but for which
the fifteen (15) day objection period has not expired as of the Escrow Release Date.

 

(ii)
Unresolved Claims for which Seller has objected in accordance with subclauses (i) and (ii) of Section 3(a) shall be administered
in accordance with subclause (ii) of Section 3(a). Upon the expiration of the fifteen (15) day objection period for any Unresolved
Claims for which no Dispute Notice has been delivered, the Escrow Agent shall release by wire transfer to an account or accounts designated
by Buyer an amount of funds in the Escrow Account equal to the amount of such Unresolved Claim for which no Dispute Notice has been delivered.
After the resolution of each Unresolved Claim, any remaining portion of the Escrow Funds in the Escrow Account not distributed to Buyer
pursuant to the immediately preceding sentences and not subject to other Unresolved Claims shall be released by wire transfer promptly
thereafter by the Escrow Agent to an account or accounts designated by Seller.

 

(c)
Court Order. Notwithstanding any other provision in this Escrow Agreement to the contrary, the Escrow Agent shall disburse the
Escrow Funds (or any portion thereof) in accordance with a notice from either Buyer or Seller of a final and non-appealable order from
a court of competent jurisdiction, along with a copy of the order, pursuant to which such court has determined whether and to what extent
Buyer or Seller are entitled to the Escrow Funds (or any portion thereof).

 

4. Limitation
on Duties and Liabilities of Escrow Agent.

 

(a)
The Escrow Agent shall not have any duties or liabilities except those set forth in this Escrow Agreement. The Escrow Agent shall not
be responsible for: (i) any loss, diminution in value, or failure to achieve a greater profit as a result of such a deposit or investment;
or (ii) any interest or other income on the Escrow Funds except as is actually earned and received.

 

    	Ex. A-3

    	 

    

 

(b)
The Escrow Agent shall have no liability to Buyer or Seller regarding the sufficiency, correctness, genuineness, collection, or validity
of any signature, notice, request, waiver, consent, receipt, or other document which appears to Escrow Agent to be genuine (whether an
original or a photocopy) and the identity, authority, or rights of any person executing or depositing the same. The Escrow Agent may
assume that any person purporting to give notice on behalf of any Party in accordance with the provisions of this Escrow Agreement has
been duly authorized to do so.

 

(c)
The Parties acknowledge that the Escrow Agent: (i) is acting solely as escrow agent at their request and for their convenience; (ii)
shall not be deemed to be the agent of any of the Parties; and (iii) shall not be liable to any of the Parties for any act or omission
on the Escrow Agent’s part, other than as a result of the Escrow Agent’s gross negligence or willful misconduct.

 

(d)
Notwithstanding any other provision herein, the Escrow Agent shall have the right, but not the obligation, to consult with counsel and
to require and receive such written certifications or instructions from any Party as the Escrow Agent reasonably deems necessary or appropriate
before taking any action hereunder. The cost of any legal consultation shall be indemnified by Buyer and Seller pursuant to Section
6.

 

(e)
All commercially reasonable and necessary costs and expenses incurred by the Escrow Agent in performing its duties as the Escrow Agent,
including but not limited to, reasonable attorneys’ fees, shall be indemnified by Buyer and Seller pursuant to Section 6.

 

(f)
In the event that the Escrow Agent shall be uncertain as to its duties or rights hereunder or shall receive instructions, claims or demands
from Buyer or Seller which, in its opinion, conflict with any of the provisions of this Escrow Agreement, it shall be entitled to refrain
from taking any action and its sole obligation shall be to keep safely all property held in escrow until it shall be directed otherwise
in writing jointly by Buyer and Seller or by a final and non-appealable order of a court of competent jurisdiction. The Escrow Agent
shall have the option, after fifteen (15) days’ notice to Buyer and Seller of its intention to do so, to file an action in interpleader
requiring Buyer and Seller to answer and litigate any claims and rights among themselves.

 

(g)
If there is any conflict between the provisions of this Escrow Agreement and any additional or supplementary instructions given to the
Escrow Agent regarding the release of all or any portion of the Escrow Funds, the terms of this Escrow Agreement shall control.

 

5. Indemnification.
Seller and Buyer, jointly and severally, hereby agree to indemnify the Escrow Agent for, and to hold it harmless against, any loss,
liability, or expense incurred by the Escrow Agent, including reasonable attorneys’ fees and costs, arising out of or in
connection with any actions taken by it or any omission by it in connection with its rights, duties, or obligations under this
Escrow Agreement, including amounts incurred in defending against any claim of liability hereunder or in bringing any action or
proceeding (including, without limitation, the enforcement of any judgment issued in connection therewith or settlement thereof)
required or permitted to be brought by it hereunder, except if incurred by reason of the gross negligence or willful misconduct of
Escrow Agent. The provisions of this Section 6 shall survive the termination of this Escrow Agreement.

 

    	Ex. A-4

    	 

    

 

6. Termination.
This Escrow Agreement shall terminate when the entire Escrow Account has been distributed in accordance with Section 3 of this
Escrow Agreement.

 

7. Resignation
and Removal of the Escrow Agent.

 

(a)
The Escrow Agent reserves the right to resign at any time by giving thirty (30) days’ prior written notice of resignation, specifying
the effective date thereof. On the effective date of such resignation, the Escrow Agent shall deliver the Escrow Agreement together with
the Escrow Funds (including any Escrow Income earned thereon) and any and all related instruments or documents to any successor escrow
agent agreeable to Seller and Buyer. If a successor escrow agent has not been appointed and has not accepted such appointment prior to
the expiration of thirty (30) days following the date of the notice of such resignation, the Escrow Agent may, but shall not be obligated
to, apply to a court of competent jurisdiction for the appointment of a successor escrow agent. Any such resulting appointment shall
be binding upon all of the Parties. Notwithstanding anything to the contrary in the foregoing, the Escrow Agent or any successor escrow
agent shall continue to act as Escrow Agent until a successor is appointed and qualified to act as the Escrow Agent.

 

(b)
The Escrow Agent may be removed (with or without cause) and a new escrow agent may be appointed upon mutual agreement of Seller and Buyer.
In such event, Seller and Buyer shall deliver joint written notice to Escrow Agent of such removal, together with joint written instructions
authorizing delivery of this Escrow Agreement together with the Escrow Funds (including any Escrow Income earned thereon) and any and
all related instruments or documents to a successor escrow agent.

 

(c)
Upon delivery of the Escrow Funds (including any interest thereon) to a successor escrow agent in accordance with this Section 7,
the Escrow Agent shall thereafter be discharged from any future obligations hereunder. All power, authority, duties, and obligations
of the Escrow Agent shall apply to any successor escrow agent.

 

8. Business
Days. If any date on which the Escrow Agent is required to make an investment or a delivery pursuant to the provisions hereof is
not a day on which the Escrow Agent is open for business, then the Escrow Agent shall make such investment or delivery on the next
succeeding business day.

 

9. Force
Majeure. No Party shall be liable or responsible to the other parties, nor be deemed to have defaulted under or breached this
Escrow Agreement, for any failure or delay in fulfilling or performing any term of this Escrow Agreement, when and to the extent
such failure or delay is caused by or results from acts beyond the affected Party’s reasonable control (“Force
Majeure Events”), including, without limitation: (a) acts of God; (b) flood, fire or explosion; (c) war, invasion, riot or
other civil unrest; (d) government order or law; (e) actions, embargoes or blockades in effect on or after the date of this Escrow
Agreement; (f) action by any governmental authority; (g) national or regional emergency; and (h) strikes, labor stoppages or
slowdowns or other industrial disturbances. The Party suffering a Force Majeure Event shall give notice to the other party, stating
the period of time the occurrence is expected to continue and shall use diligent efforts to end the failure or delay and ensure the
effects of such Force Majeure Event are minimized.

 

    	Ex. A-5

    	 

    

 

10. Assignment.
The rights and liabilities of the Parties shall bind and inure to the benefit of their respective successors, executors, and
administrators, as the case may be, provided that no Party may assign or delegate its obligations under this Escrow Agreement either
in whole or in part without the prior written consent of Seller and Buyer.

 

11. Governing
Law; Submission to Jurisdiction. This Escrow Agreement shall be governed by and construed in accordance with the internal laws
of the State of Florida without giving effect to any choice or conflict of law provision or rule (whether of the State of Florida or
any other jurisdiction). Any legal suit, action or proceeding arising out of or based upon this Escrow Agreement or the transactions
contemplated hereby shall be instituted in the United States District Court of the Southern District of Florida or the courts of the
State of Florida, in each case located in the City of Naples and County of Collier, and each party irrevocably submits to the
exclusive jurisdiction of such courts in any such suit, action or proceeding. The Parties irrevocably and unconditionally waive any
objection to the laying of venue of any suit, action or any proceeding in such courts and irrevocably waive and agree not to plead
or claim in any such court that any such suit, action or proceeding brought in any such court has been brought in an inconvenient
forum.

 

12. Waiver
of Jury Trial. EACH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT
IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL ACTION, PROCEEDING, CAUSE OF ACTION, OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS
ESCROW AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

13. Severability.
If any provision of this Escrow Agreement is for any reason found by a court of competent jurisdiction to be invalid, illegal, or
unenforceable, such invalidity, illegality, or unenforceability shall not affect any other term or provision of this Escrow
Agreement. Upon such determination that any term is invalid, illegal, or unenforceable, the Parties shall negotiate in good faith to
modify this Escrow Agreement so as to affect the original intent of the Parties as closely as possible in a mutually acceptable
manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent
possible.

 

14. No
Third-Party Beneficiaries. This Escrow Agreement is for the sole benefit of the Parties and their respective successors and
permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or
equitable right, benefit or remedy of any nature whatsoever under or by reason of this Escrow Agreement.

 

15. Entire
Agreement. This Escrow Agreement, together with the Purchase Agreement and related exhibits and schedules, constitutes the sole
and entire agreement of the Parties with respect to the subject matter contained herein, and supersedes all prior and
contemporaneous understandings and agreements, both written and oral, with respect to such subject matter. Notwithstanding the
foregoing, in the event of any inconsistency between the statements in the body of this Escrow Agreement and those of the Purchase
Agreement, (a) with respect to any inconsistency as between Buyer and Seller, the statements in the body of the Purchase Agreement
shall control; and (b) with respect to any inconsistency as between the Escrow Agent, on the one hand, and either Buyer or Seller or
both, on the other hand, the statements in the body of this Escrow Agreement shall control.

 

    	Ex. A-6

    	 

    

 

16. Amendment
and Modification; Waiver. This Escrow Agreement may only be amended, modified or supplemented by an agreement in writing signed
by each Party. No waiver by any Party of any of the provisions hereof shall be effective unless explicitly set forth in writing and
signed by the Party so waiving. Except as otherwise set forth in this Escrow Agreement, no failure to exercise, or delay in
exercising, any rights, remedy, power or privilege arising from this Escrow Agreement shall operate or be construed as a waiver
thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further
exercise thereof or the exercise of any other right, remedy, power or privilege.

 

17. Notices.
All notices, requests, consents, claims, demands, waivers, and other communications hereunder shall be in writing and shall be
deemed to have been given: (a) when delivered by hand; (b) one business day after deposit if sent by a nationally recognized
overnight courier (receipt requested); (c) on the date sent by email of a PDF document (with confirmation of transmission) if sent
during normal business hours of the recipient, and on the next business day if sent after normal business hours of the recipient; or
(d) on the third (3rd) day after the date mailed, by certified or registered mail, return receipt requested, postage
prepaid. Such communications must be sent to the respective Parties at the addresses indicated below (or at such other address for a
Party as shall be specified in a notice given in accordance with this Section 18).

 

	If
    to Seller:	MCA
                                            Naples, LLC

    8800
    Village Drive, Suite 201

    San
    Antonio, Texas 72817

    Attention:
    B.J. Parrish

    Email:
    bj@myclearday.com

	 	 
	with
    a copy to:	GrayRobinson,
                                            P.A.

    3838
    Tamiami Trail North, Suite 410

    Naples,
    Florida 34103

    Attention:
    Shaun M. Garry, Esq.

    Email:
    shaun.garry@gray-robinson.com

	 	 
	If
    to Buyer:	Naples
                                            Property Ventures, LLC

    11290
    Walsingham Road

    Largo,
    Florida 33778

    Email:
    dana.scott@greenalfs.com

    Attention:
    Dana Scott

	 	 
	with
    a copy to:	Shutts
                                            & Bowen LLP

    300
    South Orange Avenue, Suite 1600

    Orlando,
    Florida 32801

    Attention:
    Brian M. Jones, Esq.

    Email:
    bjones@shutts.com

 

    	Ex. A-7

    	 

    

 

	If
    to Escrow Agent:	Shutts
                                            & Bowen LLP

    300
    South Orange Avenue, Suite 1600

    Orlando,
    Florida 32801

    Attention:
    Brian M. Jones, Esq.

    Email:
    bjones@shutts.com

 

18. Further
Assurances. Each of the Parties agrees, from time to time and without any additional consideration, to furnish the other Parties
such further information or assurances, execute and deliver such additional documents, instruments and conveyances, and take such
other actions and do such other things, as may be reasonably necessary in the opinion of counsel to the requesting Party to carry
out the provisions of this Escrow Agreement and give effect to the transactions contemplated hereby.

 

19.
Counterparts. This Escrow Agreement may be executed in counterparts, each of which when taken together shall constitute an original
and all of which shall constitute one and the same agreement. A signed copy of this Escrow Agreement delivered by email or other means
of electronic transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Escrow Agreement

 

Waiver
of Conflict of Interest. Buyer and Seller acknowledge that Escrow Agent: (a) has represented Buyer in connection with this Escrow
Agreement and the Purchase Agreement; and (b) may represent (and continue to represent) Buyer in connection with this Escrow Agreement
and the Purchase Agreement. Seller and Buyer hereby irrevocably waive any conflict of interest arising as a result of any dispute as
to the delivery of any of the Escrow Funds or any other dispute between the Parties relating to this Escrow Agreement, the Purchase Agreement,
or otherwise, whether or not Escrow Agent is then in possession of the Escrow Funds.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	Ex. A-8

    	 

    

 

IN
WITNESS WHEREOF, the Parties have caused this Escrow Agreement to be executed as of the Effective Date.

 

	 	SELLER:
	 	 
	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 
	 	By:	           
	 	Name:	 
	 	Title:	 
	 	 	 
	 	BUYER:
	 	 
	 	NAPLES
    PROPERTY VENTURES, LLC, a Florida limited liability company
	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	ESCROW
    AGENT:
	 	 
	 	SHUTTS
    & BOWEN LLP
	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    	Ex. A-9

    	 

    

 

EXHIBIT
B

 

 [RESERVED]

 

    	Ex. B-1

    	 

    

 

EXHIBIT
C

 

GENERAL
WARRANTY DEED

 

THIS
GENERAL WARRANTY DEED, made this [*] day of [*], 2021, by MCA NAPLES, LLC, a Tennessee limited liability company, whose mailing
address is 8800 Village Drive, Suite 201, San Antonio, Texas 72817 (hereinafter referred to as “Grantor”), to NAPLES
PROPERTY VENTURES, LLC, a Florida limited liability company, whose mailing address is 11290 Walsingham Road, Largo, Florida 33778
(hereinafter referred to as “Grantee”).

 

(Whenever
used herein, the terms “Grantor” and “Grantee” shall be deemed to include the parties to this General Warranty
Deed and the heirs, personal representatives and assigns of individuals, and the successors and assigns of corporations, limited liability
companies or partnerships. The singular shall be deemed to include the plural, and vice versa, where the context so permits.)

 

W
I T N E S S E T H

 

WITNESSETH,
that the Grantor, for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, receipt
of which is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, conveys and confirms, and by these presents
does grant, bargain, sell, convey and confirm, unto Grantee, all that certain land situate in Volusia County, Florida, more particularly
described in Exhibit “A” attached hereto (the “Property”).

 

TOGETHER
with all the tenements, hereditaments and appurtenances with every privilege, right, title, interest and estate, reversion, remainder
and easement hereto belonging or in anywise appertaining, and together with all improvements located thereon or therein.

 

TO
HAVE AND TO HOLD the Property, and all the estate, right, title, interest, lien and equity whatsoever of Grantor either in law or
in equity or both, to the proper use, benefit, and behalf of Grantee and Grantee’s successors and assigns in fee simple forever.

 

AND
Grantor hereby covenants with said Grantee that Grantor is lawfully seized of the Property in fee simple; that Grantor has good right
and lawful authority to sell and convey the Property; that Grantor does hereby fully warrant the title to the Property and will defend
the same against the lawful claims of all persons whomsoever; and that the Property is free of all encumbrances, except for those matters
described on Exhibit “B” attached hereto and by this reference made a part hereof.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	Ex. C-1

    	 

    

 

IN
WITNESS WHEREOF, the Grantor has executed this General Warranty Deed as of the day and year first above written.

 

	 	 	 	GRANTOR:
    
	 	 	 	 
	Signed,
    sealed and delivered in the presence of:	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 	 	 
	 	 	By:	             
	Print
    Name:	 	 	Name:	 
	 	 	 	Title:	 
	 	 	 	 	 
	 	 	 	 
	Print
    Name:	 	 	 	 

 

	THE
    STATE OF _________	§	 
	 	§	 
	COUNTY
    OF _________	§	 

 

The
foregoing instrument was acknowledged before me by means of ☐ physical presence or ☐ online notarization this [*] day of
[*], 2021, by [*], as [*] of MCA Naples, LLC, a Tennessee limited liability company, on behalf of the company. He is ☐
personally known to me or  ☐ has produced ___________________________ as identification

 

	 	 
	 	(Signature
    of Notary Public)
	 	Print
    Name:	 
	 	Notary
    Public, State of Florida

	 	Serial
    No., if any:	 

 

    	Ex. C-2

    	 

    

 

EXHIBIT
“A”

 

LEGAL
DESCRIPTION

 

[Insert
legal description]

 

    	Ex. C-3

    	 

    

 

EXHIBIT
B

 

PERMITTED
ENCUMBRANCES

 

[Insert
permitted encumbrances]

 

    	Ex. C-4

    	 

    

 

EXHIBIT
D

 

BILL
OF SALE AND ASSIGNMENT OF INTANGIBLES

 

THAT
this BILL OF SALE AND ASSIGNMENT OF INTANGIBLES (this “Bill of Sale”) is made from MCA NAPLES, LLC, a Tennessee limited
liability company (“Assignor”), to NAPLES PROPERTY VENTURES, LLC, a
Florida limited liability company (“Assignee”).

 

RECITALS

 

1.
Concurrently with the execution and delivery of this Bill of Sale, Assignor is conveying to Assignee, by General Warranty Deed (the “Deed”)
that certain tract of land (the “Land”) more particularly described on Exhibit
A attached hereto and made a part hereof for all purposes, together with the improvements located
thereon (the “Improvements”).

 

2.
Assignor desires to assign, transfer and convey to Assignee, and Assignee desires to obtain the Assigned Properties (as hereafter defined),
subject to the terms and conditions set forth herein.

 

3.
All capitalized terms used in this Bill of Sale not defined herein shall have meanings ascribed to them in that certain Contract for
Sale and Purchase by and between Assignor and Assignee date as of [*], 2021 (the “Contract”).

 

NOW,
THEREFORE, in consideration of the receipt of Ten and No/100 Dollars ($10.00) and other good and valuable consideration in hand paid
by Assignee to Assignor, the receipt and sufficiency of which are hereby acknowledged by Assignor, Assignor does hereby GRANT, BARGAIN,
TRANSFER, SELL, ASSIGN, CONVEY and DELIVER to Assignee, its successors and assigns, forever, all of Assignor’s right, title, and
interest in and to the following (collectively, the “Assigned Properties”):

 

(a)
The Personal Property, including specifically, without limitation, heating, ventilation and air conditioning systems and equipment, appliances,
furniture, carpeting, draperies and curtains, used in connection with the operation of the Improvements (collectively, the “Personal
Property”);

 

(b)
All of Seller’s records relating to Residents and Facility Employees that Seller is permitted to disclose under applicable law;

 

(c)
all assignable licenses, permits, governmental approvals, warranties and guaranties issued to Seller in connection with the operation
of the Facility, if any;

 

(d)
The Intangibles;

 

(e)
all websites, internet address(es), URLs, domain names, the registrations and applications for registrations thereof, social media sites
and accounts (including, without limitation, and any and all content related to GooglePlusLocal, GooglePlusBusiness, yelp,
Facebook, foursquare, Twitter, LinkedIn, and YouTube) (including usernames, passwords and other access
credentials);

 

(f)
all trade and fictitious names (including “Memory Care of Naples”); and

 

(g)
all goodwill associated with any of the assets described in the foregoing clauses.

 

This
Bill of Sale is made by Assignor and accepted by Assignee subject to the “Permitted Exceptions” described in the Deed, to
the extent that same are validly existing and affect the Assigned Properties.

 

TO
HAVE AND TO HOLD the Assigned Properties unto Assignee, its successors and assigns, forever, and Assignor does hereby covenant with Assignee
that at the time of delivery of this Bill of Sale, the Assigned Properties are free from encumbrances made by Assignor, and Assignor
will WARRANT AND DEFEND, all and singular, title to the Assigned Properties unto Assignee, its successors and assigns, against every
person whomsoever lawfully claiming or to claim the same, or any part thereof by, through or under Assignor, but not otherwise.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	Ex. D-1

    	 

    

 

IN
WITNESS WHEREOF, Assignor has duly executed this Bill of Sale as of [*], 2021.

 

	 	ASSIGNOR:
	 	 	 
	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	             
	 	Name:	 
	 	Title:	 

 

    	Ex. D-2

    	 

    

 

EXHIBIT
A

 

LEGAL
DESCRIPTION

 

[TO
BE PROVIDED]

 

    	Ex. D-3

    	 

    

 

EXHIBIT
E

 

ASSIGNMENT
AND ASSUMPTION OF RESIDENT CONTRACTS

AND AGREEMENTS

 

THAT
this ASSIGNMENT AND ASSUMPTION OF RESIDENT CONTRACTS AND AGREEMENTS (this “Assignment”) is made by and between MCA
NAPLES, LLC, a Tennessee limited liability company (“Assignor”), and NAPLES
PROPERTY VENTURES, LLC, a Florida limited liability company (“Assignee”).

 

RECITALS

 

1.
Concurrently with the execution and delivery of this Assignment, Assignor is conveying to Assignee by General Warranty Deed (the “Deed”)
that certain tract of land (the “Land”) more specifically described in Exhibit A attached hereto and
made a part hereof for all purposes, together with the improvements located thereon (the “Improvements”) and the personal
property owned by Assignor upon the Land or within the Improvements (the “Personal Property”).

 

2.
Assignor desires to assign, transfer and convey to Assignee, and Assignee desires to obtain, all of Assignor’s right, title and
interest in and to the Contracts (as hereinafter defined), subject to the terms and conditions set forth herein.

 

NOW,
THEREFORE, for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration to Assignor
in hand paid by Assignee, the receipt and sufficiency of which are hereby acknowledged, Assignor does hereby SELL, ASSIGN, CONVEY, TRANSFER,
SET-OVER and DELIVER unto Assignee all of Assignor’s right, title and interest in and to the contracts set forth on Exhibit
B attached hereto and incorporated herein (collectively, the “Contracts”).

 

By
execution of this Assignment, Assignee assumes and agrees to perform all of the covenants, agreements and obligations under the Contracts
binding on Assignor or the Land, Improvements, or Personal Property (such covenants, agreements and obligations being herein collectively
referred to as the “Contractual Obligations”), as such Contractual Obligations shall arise or accrue from and after
the date of this Assignment.

 

Assignee
hereby agrees to indemnify, hold harmless and defend Assignor from and against any and all third party obligations, liabilities, costs
and claims (including reasonable attorney’s fees) arising as a result of or with respect to any of the Contractual Obligations
that are attributable to the period of time from and after the date of this Assignment.

 

Assignor
agrees to indemnify, hold harmless and defend Assignee from and against any and all third party obligations, liabilities, costs and claims
(including reasonable attorney’s fees) arising as a result of or with respect to any of the Contractual Obligations that are attributable
to the period of time prior to the date of this Assignment.

 

TO
HAVE AND TO HOLD all and singular the Contracts unto Assignee, its successors and assigns, and Assignor covenants with Assignee that,
except for the Permitted Exceptions described in the Deed, at the time of delivery of this Assignment, the Contracts are free from all
encumbrances made by Assignor, and Assignor will WARRANT AND DEFEND all and singular the Contracts unto Assignee, its successors and
assigns, against every person whomsoever lawfully claiming or attempting to claim the same, or any part thereof, by, through or under
Assignor, but not otherwise.

 

This
Assignment may be executed by the parties in separate counterparts, each of which when executed and delivered shall be an original for
all purposes, but all of which, when taken together, shall constitute one and the same instrument.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

    	Ex. E-1

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Agreement to be effective as of the date first above written.

 

	 	ASSIGNOR:
	 	 
	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	 
	 	Name:	              
	 	Title:	 
	 	 	 
	 	ASSIGNEE:
	 	 
	 	NAPLES
    PROPERTY VENTURES, LLC, a Florida limited liability company
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    	Ex. E-2

    	 

    

 

EXHIBIT
A

 

LEGAL
DESCRIPTION

 

[TO
BE PROVIDED]

 

    	Ex. E-3

    	 

    

 

EXHIBIT
B

 

SCHEDULE
OF CONTRACTS

 

[TO
BE PROVIDED]

 

    	Ex. E-4

    	 

    

 

EXHIBIT
F

 

ASSIGNMENT
AND ASSUMPTION OF ASSUMED CONTRACTS

 

This
ASSIGNMENT AND ASSUMPTION OF ASSUMED CONTRACTS (this “Assignment”), effective as of [*], 2021 (the “Effective
Date”), is by and between MCA NAPLES, LLC, a Tennessee limited liability company (“Seller”), and
NAPLES PROPERTY VENTURES, LLC, a Florida limited liability company (“Buyer”).

 

WHEREAS,
Seller and Buyer have entered into that certain Contract for Sale and Purchase, dated as of [*], 2021 (the “Purchase Agreement”),
pursuant to which, among other things, Seller has agreed to assign all of its rights, title and interests in, and Buyer has agreed to
assume all of Seller’s duties and obligations under, the Assumed Contracts (as defined in the Purchase Agreement).

 

NOW,
THEREFORE, in consideration of the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.
Definitions. All capitalized terms used in this Assignment but not otherwise defined herein are given the meanings set forth in
the Purchase Agreement.

 

2.
Assignment and Assumption. Seller hereby sells, assigns, grants, conveys and transfers to Buyer all of Seller’s right, title
and interest in and to the Assumed Contracts. Buyer hereby accepts such assignment and assumes all of Seller’s duties and obligations
under the Assumed Contracts and agrees to pay, perform and discharge, as and when due, all of the obligations of Seller under the Assumed
Contracts accruing on and after the Effective Date.

 

3.
Terms of the Purchase Agreement. The terms of the Purchase Agreement, including, but not limited to, the representations, warranties,
covenants, agreements and indemnities relating to the Assumed Contracts are incorporated herein by this reference. The parties hereto
acknowledge and agree that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement
shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict
or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.

 

4.
Governing Law. This Assignment shall be governed by and construed in accordance with the internal laws of the State of Florida
without giving effect to any choice or conflict of law provision or rule (whether of the State of Florida or any other jurisdiction).

 

5.
Counterparts. This Assignment may be executed in counterparts, each of which shall be deemed an original, but all of which together
shall be deemed to be one and the same instrument. A signed copy of this Assignment delivered by facsimile, email or other means of electronic
transmission shall be deemed to have the same legal effect as delivery of an original signed copy of this Assignment.

 

6.
Further Assurances. Each of the parties hereto shall execute and deliver, at the reasonable request of the other party hereto,
such additional documents, instruments, conveyances and assurances and take such further actions as such other party may reasonably request
to carry out the provisions hereof and give effect to the transactions contemplated by this Assignment.

 

[signature
page follows]

 

    	Ex. F-1

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Assignment to be effective as of the date first above written.

 

	 	SELLER:
	 	 
	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	             
	 	Name:	 
	 	Title:	 
	 	 	 
	 	BUYER:
	 	 
	 	NAPLES
    PROPERTY VENTURES, LLC, a Florida limited liability company
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

    	Ex. F-2

    	 

    

 

EXHIBIT
G

 

RESIDENT
NOTIFICATION LETTER

 

[*],
2021

 

Re:
Notice of Sale of Memory Care of Naples

 

Dear
M_. _____________:

 

The
purpose of this letter is to notify you that on [*], 2021 (the “Sale Date”), Memory Care of Naples (the “Facility”)
was sold by MCA Naples, LLC to Naples Property Ventures, LLC (“New Owner”). As of the Sale Date, the Facility will
be managed by Naples Management I, LLC (“Property Manager”).

 

From
this date forward, please make all payments due in connection with your tenancy at the Facility to the New Owner. Checks may be delivered
to management on site or to the New Owner at the following address:

 

Naples
Property Ventures, LLC

11290
Walsingham Road

Largo,
Florida 33778

 

You
are further notified that any deposit(s) made by you in connection with you lease at the Facility has been transferred to the New Owner.

 

Any
written notices you desire or are required to make to the landlord under your lease should be sent to the New Owner at the above address.
Additionally, any questions or inquiries about the Facility or your lease should be made to the Property Manager at this address.

 

	 	MCA
    NAPLES, LLC
	 	 	 
	 	By:	       
	 	Name:	 
	 	Title:	 

 

    	Ex. G-1

    	 

    

 

EXHIBIT
H

 

CERTIFICATION
OF NON-FOREIGN STATUS

 

[*],
2021

 

Section
1445 of the Internal Revenue Code of 1986, as amended (the “Code”) provides that a transferee of a U.S. real property
interest must withhold tax if the transferor is a foreign person. For U.S. tax purposes (including Section 1445 of the Code), the owner
of a disregarded entity (which has legal title to a U.S. real property interest under local law) will be the transferor of the property
and not the disregarded entity. In this regard, MCA Naples, LLC, a Tennessee limited liability company (“Seller”),
is a disregarded entity for U.S. federal income tax purposes. Seller is owned by MCA Naples Holdings, LLC, a Tennessee limited liability
company (the “Member”).

 

To
inform Naples Property Ventures, LLC, a Florida limited liability company (“Buyer”), that withholding of tax is not
required upon the disposition of a U.S. real property interest by the Member, the undersigned hereby certifies as follows:

 

	 	(a)	The
    Member is not a foreign corporation, foreign partnership, foreign trust, foreign estate or foreign person (as those terms are defined
    in the Code and the Treasury Regulations promulgated thereunder);
	 	 	 
	 	(b)	The
    Member is not a disregarded entity as defined in Treasury Regulation Section 1.1445-2(b)(2)(iii);
	 	 	 
	 	(c)	The
    U.S. employer identification number of the Member is [*]; and
	 	 	 
	 	(d)	The
    office address of the Member is: 8800 Village Drive, Suite 201, San Antonio, Texas 72817.

 

The
Member understands that this certification may be disclosed to the Internal Revenue Service by Buyer and that any false statement contained
herein could be punished by fine, imprisonment or both.

 

Under
penalties of perjury I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct,
and complete, and I further declare that I have authority to sign this document on behalf of the Member.

 

EXECUTED
effective as of the date hereof.

 

	 	MCA
    NAPLES HOLDINGS, LLC, Tennessee limited liability company
	 	 	 
	 	By:	          
	 	Name:	 
	 	Title:	 

 

    	Ex. H-1

    	 

    

 

EXHIBIT
I

 

NON-COMPETITION
AND NON-SOLICITATION AGREEMENT

 

This
NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is made and entered into as of the [*] day
of [*], 2021 (the “Effective Date”), by and among NAPLES PROPERY VENTURES, LLC, a Florida limited liability
company (“Buyer”), MCA NAPLES, LLC, a Tennessee limited liability company (“Seller”), MCA
NAPLES OPERATING COMPANY, LLC, a Tennessee limited liability company (“Current Operator”), MEMORY CARE AMERICA,
LLC, a Tennessee limited liability company (“Current Manager”), and B.J. PARRISH, a resident of [*] (“Parrish”),
and JIM WALSEA, a resident of [*] (“Walsea” and together with Parrish, “Principals”). Seller,
Current Operator, Current Manager and Principals are hereinafter collectively referred to as the “Restricted Parties”.

 

WHEREAS,
Seller has owned, and (i) Current Operator has operated, on behalf of Seller and (ii) Current Manager has managed, on behalf of Current
Operator, an assisted living facility commonly known as “Memory Care of Naples” (the “Facility”) located
at 2626 Goodlette-Frank Road, Naples, Florida 34105 (the “Premises”);

 

WHEREAS,
Seller’s ownership, Current Operator’s operation of the Facility and Current Manager’s management of the Facility have
resulted in the Seller, Current Operator and Current Manager developing a significant reputation in Facility’s market and the surrounding
regions in connection with providing assisted living services and with the general operation of the Facility;

 

WHEREAS,
Principals have been actively involved in the management, development and strategic direction of the Facility, have acquired considerable
experience and skill and have contributed to the goodwill of the Facility;

 

WHEREAS,
Seller and Buyer are parties to that certain Contract for Purchase and Sale dated as of [*], 2021 regarding the Facility (the “Purchase
Contract”);

 

WHEREAS,
if any of the Restricted Parties were to resume the business activities of an assisted living facility in the area of the Facility after
the Effective Date, such activities could have a material impact on the Protected Business (defined below). Accordingly, the execution
of and compliance with the terms of this Agreement by the Restricted Parties is essential to the Protected Business acquired pursuant
to the Purchase Contract; and

 

WHEREAS,
in order to protect the future business operations of Buyer from such competition, the Restricted Parties have agreed not to compete
with Buyer for a period of sixty (60) months following the Effective Date and to refrain from soliciting or hiring any of Buyer’s
employees following the Effective Date, subject to the terms hereof.

 

    	Ex. I-1

    	 

    

 

NOW,
THEREFORE, in order to induce Buyer to close the transactions pursuant to the Purchase Contract, the transfer of financial consideration
under the Purchase Contract, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties hereto, intending to be legally bound, hereby agree as follows:

 

1.
Definitions. As used in this Agreement the following terms shall have the following meanings:

 

(a)
“Affiliate” of a Person shall mean a Person that, directly or indirectly, controls, is controlled by or is under the
common control with the first Person.

 

(b)
“Assisted Living Business” shall mean the operation of an assisted living facility.

 

(c)
“Clients” includes any resident, customer or other party who engages or has engaged in business with Buyer or with
any other Protected Party (defined below).

 

(d)
“Competition” means any activity that is, directly or indirectly, competitive with the Facility. Competition includes
working within the Restricted Area and making any offer or sale of, or marketing, any product or service competitive with the Protected
Business, even though the business of producing, processing, shipping or marketing such product or service may be located outside the
Restricted Area. For purposes of this Agreement, direct or indirect competition will include but not be limited to competition as a sole
proprietor, partner, corporate officer, director, manager, member, shareholder, employee, consultant, agent, independent contractor,
trustee, guarantor, advisor (including as an advisor to a family member), or in any other capacity whatsoever pursuant to which the Restricted
Party holds any beneficial interest in a competitor, derives any income or other benefit from a competitor, or provides any service,
advise, support (financial or otherwise), or assistance of any type whatsoever to a competitor.

 

(e)
“Confidential Information” shall mean any business information relating to the Restricted Parties’ operation
of the Business, and regarding any of the operations, services, employee compensation, pricing procedures, organization, finances, marketing,
or resident lists of the Facility. Confidential Information also includes without limitation, all procedures, concepts, methods, and
other matters and information, specifically including but not limited to information such as price lists, publicity, marketing strategies,
Client, distributor, contractor, supplier and vendor identities and lists, revenues, key contact personnel, financial relationships,
methods of soliciting business, documents, financial data, and marketing programs. The term “Confidential Information” is
intended to be interpreted very broadly to encompass all items described in this paragraph regardless of whether each item satisfies
the legal concept of a trade secret. Confidential Information shall not include any information that is or becomes available to the general
public through no fault of the Restricted Parties.

 

(f)
“Person” shall mean an individual, a partnership, an association, a corporation, a limited liability company, a trust,
an unincorporated organization or any other business entity or enterprise.

 

(g)
“Protected Business” means the Facility, as acquired and operated by Buyer.

 

(h)
“Protected Party” and “Protected Parties” include Buyer, its members, managers and their respective
successors and assigns.

 

    	Ex. I-2

    	 

    

 

(i)
“Restricted Area” means from a location within a one hundred (100) mile radius of the Facility.

 

Any
capitalized terms used herein which are not otherwise defined herein shall have the meaning ascribed to them in the Purchase Contract.

 

2.
Term. The term of this Agreement shall be sixty (60) months commencing on the Effective Date (hereinafter referred to as
the “Term”). Notwithstanding the foregoing, and provided Buyer provides written notice to the Restricted Parties of
its objection to a breach of this Agreement, the Term shall be automatically extended by a period of time equal to any and all times
during which the Restricted Parties are in breach of this Agreement.

 

3.
Non-competition. During the Term, each of the Restricted Parties agree not to be involved directly or indirectly, either as an
employee, officer, director, agent, stockholder, partner, self-employed individual, contractor, or consultant with a Person, or as manager,
owner or operator with any Person engaged in an Assisted Living Business within the Restricted Area. Further, during the Term, each of
the Restricted Parties agrees not to engage in Competition with any Protected Party within the Restricted Area. Competition within the
Restricted Area includes activities outside the Restricted Area to the extent that such activities include contacting Clients within
the Restricted Area or otherwise involve buying, selling, or otherwise dealing in or with competitive goods or services within the Restricted
Area. The provisions of this Section 3 will not, however, prevent any Restricted Party from owning less than one percent (1%)
of the outstanding stock of any publicly traded corporation engaged in Competition, so long as no Restricted Party engages in such corporation’s
business or otherwise engages in Competition with any Protected Party.

 

4.
No Solicitation or Hiring. During the Term, without the prior express written consent of Buyer, which such consent may be withheld
in Buyer’s absolute discretion, the Restricted Parties will not (and will not attempt to, permit or cause any of its Affiliates,
subsidiaries, contractors or representatives or their respective owners, directors, officers, employees, contractors, agents, representatives
or third parties to) for any reason: (a) hire or solicit to hire any employee, independent contractor or third party under the control
of the Facility, which has had a business relationship with the Facility (and after the Effective Date, Buyer) at any time during the
period of time from six (6) months prior to the Effective Date through the Term (each, a “Restricted Person”),
or (b) directly or indirectly recruit, induce, encourage or solicit any Restricted Person to do any of the following (or engage in any
discussion, the topic, intent, goal or result of which is, to cause or encourage any such person or entity to): (i) terminate or alter
his, her or its employment, contract or relationship with the Facility (and after the Effective Date, Buyer), (ii) act in such a manner
that his, her or its employment contract or relationship with the Facility (and after the Effective Date, Buyer) is terminated or altered,
or (iii) become associated with, provide services to or become an employee, contractor, agent or representative of any other Person.

 

5.
No Use of Confidential Information. The Restricted Parties will not (and will not attempt to, permit or cause any of its Affiliates,
subsidiaries, contractors or representatives or their respective owners, directors, officers, employees, contractors, agents, representatives
or third parties to attempt), for any reason, directly or indirectly, disclose to any Person, or use or otherwise exploit for the Restricted
Parties’ own benefit or for the benefit of any other Person, any Confidential Information, including but not limited to the solicitation
of prior customers of the Facility.

 

    	Ex. I-3

    	 

    

 

6.
Reasonableness of Restrictions. Each of the Restricted Parties agrees that the restrictions contained herein have been carefully
negotiated with a view toward avoiding unreasonable interference with the ability of each of the Restricted Parties to engage in gainful
employment or other advantageous economic activities. In particular, the scope of the Protected Business, the Restricted Area and the
duration of the Restricted Period have been carefully defined to provide necessary protection to the Protected Parties without unreasonably
limiting the ability of the Restricted Parties to engage in productive and profitable activities. Each Restricted Party represents that
said party (i) is familiar with the covenants set forth in this Agreement; (ii) is fully aware of the obligations imposed on the Restricted
Parties hereunder, including, without limitation, the length of time, scope and geographic coverage of these covenants; (iii) has received
specific, bargained for consideration for the covenants contained in this Agreement; and (iv) the performance of such Restricted Party’s
obligations under this Agreement will not conflict with, or result in a violation or breach of, any other agreement to which such Restricted
Party is a part or any judgment, order or decree to which such Restricted Party is subject.

 

7.
Advice of Legal Counsel. Each Restricted Party acknowledges and represents that, in executing this Agreement, he, she or it has
consulted with legal counsel (or has affirmatively chosen not to do so) and is fully aware of his, her or its rights and obligations
under this Agreement. This Agreement shall not be construed against any party by reason of its drafting or preparation.

 

8.
Governing Law. This Agreement shall be governed in all respects by the laws of the State of Florida (without regard to the conflict
of laws principles thereof).

 

9.
Enforcement.

 

(a)
Injunctive Relief. The parties hereto recognize that because of the role of Restricted Parties in the management, operation and
ownership of Facility and because of the knowledge of Facility’s customers, business plans and financial strengths and weaknesses,
irreparable damage will result to Buyer in the event of a breach of the terms of this Agreement by the Restricted Parties. The Restricted
Parties agree that in such event Buyer shall be entitled, in addition to any other remedies and damages available, to an injunction to
restrain and enjoin the Restricted Parties from violating the restrictive covenants in Paragraphs 3, 4 or 5 above (collectively,
the “Restrictive Covenants”) without the necessity of posting any bond or proving special damages or irreparable injury.
Moreover, it is agreed that the Restricted Parties, jointly and severally, shall be responsible for any and all expenses incurred by
Buyer, including reasonable and necessary legal fees of Buyer in any litigation between Buyer and the Restricted Parties involving this
Agreement in which Buyer prevails. It is understood and agreed between the parties to this Agreement that in the event there is a suit
in equity by Buyer against the Restricted Parties to enforce this Agreement, and the Court shall refuse for any reason to enforce this
Agreement by injunction, such suit in equity shall not be a bar to a later suit to recover damages.

 

    	Ex. I-4

    	 

    

 

(b)
Interpretation; Severability. The parties hereto expressly agree and acknowledge that it is not their intention that the Restrictive
Covenants in this Agreement violate any public policy or statutory or common law. If a court of competent jurisdiction renders a ruling
(sustained on appeal, if any) holding that any one or more of the provisions of this Agreement, including the stated term and/or geographic
coverage of the Restrictive Covenants, constitute an unreasonable restriction, then the parties specifically agree that the Restrictive
Covenants shall not be rendered void but shall apply to such extent and as to such time period and geographic areas as the court may
determine constitutes a reasonable restriction under the circumstances. The parties specifically intend that the Restrictive Covenants
shall be construed as a series of separate covenants for each restrictive action and for each distinct geographic area contained within
the stated territory. Except for its respective geographic coverage, each and every such separate covenant shall be deemed identical
in terms to the Restrictive Covenants in Paragraphs 3, 4 and 5, and if any one or more of such separate covenants are held
by a court of competent jurisdiction (sustained on appeal, if any) to be unenforceable, then each such unenforceable covenant shall be
deemed eliminated from such covenant to the extent necessary to permit the remaining separate covenants to be enforced.

 

10.
Assignment; Incorporation by Reference. Buyer may freely assign its rights and duties under this Agreement by providing written
notice to the Restricted Parties. Each party hereto covenants and agrees that Sections 23, 24, 25, 27, 28, 31 and 39 of
the Purchase Contract are incorporated herein by reference and shall be a part of this Agreement, mutatis mutandis, and otherwise
modified as necessary to apply to this Agreement as if herein stated.

 

11.
Electronic Signatures; Counterparts. This Agreement shall be valid, binding, and enforceable against a party when executed and
delivered by an authorized individual on behalf of the party by means of (a) an original manual signature; (b) a faxed, scanned, or photocopied
manual signature, or (c) any other electronic signature permitted by the federal Electronic Signatures in Global and National Commerce
Act, state enactments of the Uniform Electronic Transactions Act, and/or any other relevant electronic signatures law, in each case to
the extent applicable. Each faxed, scanned, or photocopied manual signature, or other electronic signature, shall for all purposes have
the same validity, legal effect, and admissibility in evidence as an original manual signature. Each party hereto shall be entitled to
conclusively rely upon, and shall have no liability with respect to, any faxed, scanned, or photocopied manual signature, or other electronic
signature, of any other party and shall have no duty to investigate, confirm or otherwise verify the validity or authenticity thereof.
This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but such counterparts shall,
together, constitute one and the same instrument.

 

[Signatures
begin on following page]

 

    	Ex. I-5

    	 

    

 

IN
WITNESS WHEREOF the parties hereto have executed this Agreement as of the Effective Date.

 

	 	BUYER:
	 	 
	 	NAPLES
    PROPERTY VENTURES, LLC, a Florida limited liability company
	 	 	         
	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signatures
continue on following page]

 

    	Ex. I-6

    	 

    

 

	 	SELLER:
	 	 
	 	MCA
    NAPLES, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	            
	 	Name:	 
	 	Title:	 
	 	 	 
	 	CURRENT
    OPERATOR:
	 	 
	 	MCA
    NAPLES OPERATING COMPANY, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	CURRENT
    MANAGER:
	 	 
	 	MEMORY
    CARE OF AMERICA, LLC, a Tennessee limited liability company
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 	 
	 	PRINCIPAL:
	 	 	 
	 	 
	 	B.J.
    PARRISH, individually
	 	 	 
	 	 
	 	JIM
    WALSEA, individually

 

    	Ex. I-7

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