Document:

Exhibit 10.15

 

BUSINESS
LEASE

 

THIS
LEASE IS MADE THIS 1ST DAY OF JUNE, 2014 BETWEEN SUNSHINE PROPERTIES (THE “LESSOR”) AND DARREN
LAMPERT CEO/ DE GROWGENERATION PUEBLO, CORP. (THE “LESSEE”)

 

IN
CONSIDERATION OF THE PAYMENT OF THE RENT AND THE PERFORMANCE OF THE COVENANTS AND AGREEMENTS BY THE LESSEE SET FORTH BELOW, THE
LESSOR DOES HEREBY LEASE TO THE LESSEE THE FOLLOWING DESCRIBED PREMISES SITUATED IN THE COUNTY OF PUEBLO, IN THE STATE OF COLORADO;
THE ADDRESS OF WHICH IS 111 & 113 W 4TH STREET THE PREMISES TO BE LEASED AS IS.

 

TO
HAVE AND TO HOLD THE SAME WITH ALL THE APPURTENANCES UNTO THE SAID LESSEE FROM TWELVE O’CLOCK NOON ON THE 1ST
DAY OF JUNE, 2014 AT  AND UNTIL TWELVE O’CLOCK NOON ON THE  31ST DAY OF MAY, 2017 AND FOR
A RENTAL PAYABLE IN MONTHLY INSTALLMENTS OF $1000 PER MONTH, FOR THE 36 MONTHS OF THE TERM.

 

RENT
TO BE PAID IN ADVANCE, ON OR BEFORE TWELVE O’CLOCK NOON, ON THE FIRST DAY OF EACH CALENDAR MONTH DURING THE TERM OF THIS LEASE
AT THE OFFICE OF THE LESSOR WITHOUT NOTICE. MAIL IN ADDRESS: SUNSHINE PROPERTIES, P. O. BOX 8205, PUEBLO, CO. 81008 TEL: 719
542-6336

 

THE
LESSEE, IN CONSIDERATION OF THE LEASING OF THE PREMISES AGREES AS FOLLOWS:

 

1.TO
PAY THE RENT FOR THE PREMISES ABOVE-DESCRIBED.

 

2.TO
KEEP THE IMPROVEMENTS UPON THE PREMISES, INCLUDING SEWER CONNECTIONS, PLUMBING, WIRING AND GLASS IN AS GOOD CONDITION AS WHEN
THE LESSEE ENTERED THE PREMISES, LOSS BY FIRE, INEVITABLE ACCIDENT, AND ORDINARY WEAR ACCEPTED. LESSEE WILL BE RESPONSIBLE FOR
ALL WINDOW DAMAGE. TO KEEP ALL SIDEWALKS ON AND AROUND THE PREMISES FREE AND CLEAR OF ICE AND SNOW, AND TO KEEP THE ENTIRE EXTERIOR
OF THE PREMISES FREE FROM ALL LITTER, DIRT, DEBRIS AND OBSTRUCTION; TO KEEP THE PREMISES IN A CLEAN AND SANITARY CONDITION AS
REQUIRED BY THE ORDINANCES OF THE CITY AND COUNTY OF PUEBLO.

 

3.TO
SUBLET NO PART OF THE PREMISES, AND NOT TO ASSIGN THE LEASE OR ANY INTEREST THEREIN WITHOUT THE WRITTEN CONSENT OF THE LESSOR.

 

4.TO
USE THE PREMISES ONLY FOR  GARDEN SUPPLY AND RETAIL AND TO USE THE PREMISES FOR NO PURPOSES, PROHIBITED BY THE LAWS
OF THE UNITED STATES OR THE STATE OF COLORADO, OR OF THE ORDINANCES OF THE CITY OR TOWN IN WHICH SAID PREMISES ARE LOCATED AND
FOR NO IMPROPER OR QUESTIONABLE PURPOSES WHATSOEVER, AND TO NEITHER PERMIT NOR SUFFER ANY DISORDERLY CONDUCT, NOISE OR NUISANCE
HAVING A TENDENCY TO ANNOY OR DISTURB ANY PERSONS OCCUPYING ADJACENT PREMISES.

 

5.TO
NEITHER HOLD NOR ATTEMPT TO HOLD THE LESSOR LIABLE FOR ANY INJURY OR DAMAGE, EITHER PROXIMATE OR REMOTE, OCCURRING THROUGH
OR CAUSED BY THE REPAIRS, ALTERATIONS, INJURY OR ACCIDENT TO THE PREMISES, OR ADJACENT PREMISES, OR OTHER PARTS OF THE ABOVE
PREMISES NOT THEREIN DEMISED, OR BY REASON OF THE NEGLIGENCE OR DEFAULT OF THE OWNERS OR OCCUPANTS THEREOF OR ANY OTHER
PERSON, NOR TO HOLD THE LESSOR LIABLE FOR ANY INJURY OR DAMAGE OCCASIONED BY DEFECTIVE ELECTRIC WIRING, OR THE BREAKAGE OR
STOPPAGE OF PLUMBING OR SEWERAGE UPON SAID PREMISES OR UPON ADJACENT PREMISES, WHETHER BREAKAGE OR STOPPAGE RESULTS FROM
FREEZING OR OTHERWISE; TO NEITHER PERMIT NOR SUFFER SAID PREMISES, OR THE WALLS OR FLOORS THEREOF, TO BE ENDANGERED BY
OVERLOADING, NOR SAID PREMISES TO BE USED FOR ANY PURPOSE WHICH WOULD RENDER THE INSURANCE THEREON VOID OR THE INSURANCE RISK
MORE HAZARDOUS, NOR MAKE ANY ALTERATIONS IN OR CHANGES IN, UPON, OR ABOUT SAID PREMISES WITHOUT FIRST OBTAINING THE WRITTEN
CONSENT OF THE LESSOR THEREFORE, BUT TO PERMIT THE LESSOR TO PLACE A “FOR RENT” SIGN UPON THE LEASED PREMISES AT
ANY TIME AFTER SIXTY (60) DAYS BEFORE THE END OF THIS LEASE. MANAGEMENT CAN SHOW THE RENTAL UNIT TO PROSPECTIVE TENANTS 60
DAYS PRIOR TO THE END OF THE LEASE UNLESS A NEW LEASE IS WRITTEN TO THE CURRENT TENANT.

 

     

     

    

 

6.TO
ALLOW THE LESSOR TO ENTER UPON THE PREMISES AT ANY REASONABLE HOUR.

 

7.TO
PAY ALL CHARGES FOR GAS AND ELECTRIC FOR THE BUILDING IN WHICH SAID PREMISES ARE LOCATED.

 

IT
IS EXPRESSLY UNDERSTOOD AND AGREED BETWEEN LESSOR AND LESSEE AS FOLLOWS;

 

8.NO
ASSENT, EXPRESS OR IMPLIED, TO ANY BREACH OF ANY ONE OR MORE OF THE AGREEMENTS HEREOF SHALL BE DEEMED OR TAKEN TO BE A WAIVER
OF ANY SUCCEEDING OR OTHER BREACH.

 

9.IF,
AFTER THE EXPIRATION OF THIS LEASE, THE LESSEE SHALL REMAIN IN POSSESSION OF THE PREMISES AND CONTINUE TO PAY RENT WITHOUT A WRITTEN
AGREEMENT AS TO SUCH POSSESSION, THEN SUCH TENANCY SHALL BE REGARDED AS A MONTH-TO-MONTH TENANCY, AT A MONTHLY RENTAL, PAYABLE
IN ADVANCE, EQUIVALENT TO THE LAST MONTH’S RENT PAID UNDER THIS LEASE, AND SUBJECT TO ALL THE TERMS AND CONDITIONS OF THIS LEASE.

 

10.IF
THE PREMISES ARE LEFT VACANT AND ANY PART OF THE RENT RESERVED HEREUNDER IS NOT PAID, THEN THE LESSOR MAY, WITHOUT BEING OBLIGATED
TO DO SO, AND WITHOUT TERMINATING THIS LEASE, RETAKE POSSESSION OF THE SAID PREMISES AND RENT THE SAME FOR SUCH RENT, AND UPON
SUCH CONDITIONS AS THE LESSOR MAY THINK BEST, MAKING SUCH CHANGE AND REPAIRS AS MAY BE REQUIRED, GIVING CREDIT FOR THE AMOUNT
OF RENT SO RECEIVED LESS ALL EXPENSES OF SUCH CHANGES AND REPAIRS, AND THE LESSEE SHALL BE LIABLE FOR THE BALANCE OF THE RENT
HEREIN RESERVED UNTIL THE EXPIRATION OF THE TERM OF THIS LEASE.

 

11.THE
LESSOR ACKNOWLEDGES RECEIPT OF A DEPOSIT IN THE AMOUNT OF $500.00 TO BE HELD BY THE LESSOR FOR THE FAITHFUL PERFORMANCE
OF ALL OF THE TERMS, CONDITIONS AND COVENANTS OF THIS LEASE. THE LESSOR MAY APPLY THE DEPOSIT TO CURE ANY DEFAULT UNDER THE TERMS
OF THIS LEASE AND SHALL ACCOUNT TO THE LESSEE FOR THE BALANCE. THE LESSEE MAY NOT APPLY THE DEPOSIT HEREUNDER TO THE PAYMENT OF
THE RENT RESERVED HEREUNDER OR THE PERFORMANCE OF OTHER OBLIGATIONS.

 

12.IF
ANY PART OF THE RENT PROVIDED TO BE PAID HEREIN IS NOT PAID WHEN DUE, OR IF ANY DEFAULT IS MADE IN ANY OF THE AGREEMENTS BY
THE LESSEE CONTAINED HEREIN, IT SHALL BE LAWFUL FOR THE LESSOR TO DECLARE THE TERM ENDED, AND TO ENTER INTO THE PREMISES,
EITHER WITH OR WITHOUT LEGAL PROCESS, AND TO REMOVE THE LESSEE OR ANY OTHER PERSON OCCUPYING THE PREMISES, USING SUCH FORCE
AS MAY BE NECESSARY, WITHOUT BEING LIABLE TO PROSECUTION, OR IN DAMAGES THEREFOR, AND TO REPOSSESS THE PREMISES FREE AND
CLEAR OF ANY RIGHTS OF THE LESSEE. IF, AT ANY TIME, THIS LEASE IS TERMINATED UNDER THIS PARAGRAPH, THE LESSEE AGREES TO
PEACEFULLY SURRENDER THE PREMISES TO THE LESSOR IMMEDIATELY UPON TERMINATION, AND IF THE LESSEE REMAINS IN POSSESSION OF THE
PREMISES, THE LESSEE SHALL BE DEEMED GUILTY OF FORCIBLE ENTRY AND DETAINER OF THE PREMISES, AND, WAIVING NOTICE, SHALL BE
SUBJECT TO FORCIBLE EVICTION WITH OR WITHOUT PROCESS OF LAW.

 

    	 	2	 

     

    

 

13.IN
THE EVENT OF ANY DISPUTE ARISING UNDER THE TERMS OF THIS LEASE, OR IN THE EVENT OF NONPAYMENT OF ANY SUMS ARISING UNDER THIS
LEASE AND IN THE EVENT THE MATTER IS TURNED OVER TO AN ATTORNEY, THE PARTY PREVAILING IN SUCH DISPUTE SHALL BE ENTITLED, IN
ADDITION TO OTHER DAMAGES OR COSTS, TO RECEIVE REASONABLE ATTORNEY’S FEES FROM THE OTHER PARTY.

 

14.IN
THE EVENT ANY PAYMENT REQUIREE HEREUNDER IS NOT MADE WITHIN TEN (10) DAYS AFTER THE PAYMENT IS DUE, A LATE CHARGE IN THE
AMOUNT OF TEN PERCENT (10%) OF THE PAYMENT WILL BE PAID BY THE LESSEE.

 

15.IN
THE EVENT OF A CONDEMNATION OR OTHER TAKING BY ANY GOVERNMENTAL AGENCY, ALL PROCEEDS SHALL BE PAID TO THE LESSOR HEREUNDER, THE
LESSEE WAIVING ALL RIGHT TO ANY SUCH PAYMENTS.

 

16.LESSEE
AGREES THAT NO SIGNS SHALL BE INSTALLED WITHOUT THE PRIOR WRITTEN APPROVAL OF LESSOR. ALL APPROVED SIGNS SHALL BE
INSTALLED WITH SCREWS AND NO DOUBLE FACED TAPE SHALL BE USED. ALL DAMAGES CAUSED BY THE INSTALLATION OR REMOVAL OF SIGNS
SHALL BE AT THE EXPENSE OF LESSEE. THE TENNANT ALSO AGREES TO CHANGE THE FURNACE/AC FILTERS EVERY 4 MONTHS TO HELP WITH
THE EFFICIANT RUNNING OF SUCH.

 

17.THIS
LEASE IS MADE WITH THE EXPRESS UNDERSTANDING AND AGREEMENT THAT, IN THE EVENT THE LESSEE BECOMES INSOLVENT, OR IS DECLARED BANKRUPT,
THEN, IN EITHER EVENT, THE LESSOR MAY DECLARE THIS LEASE ENDED, AND ALL RIGHTS OF THE LESSEE HEREUNDER SHALL TERMINATE AND CEASE.

 

19.QUIET
ENJOYMENT. LANDLORD’S COVENANT. TENANT, UPON FULLY COMPLYING WITH AND PROMPTLY PERFORMING ALL OF THE TERMS, COVENANTS AND CONDITIONS
OF THIS LEASE ON ITS PART TO BE PERFORMED, AND UPON THE PROMPT AND TIMELY PAYMENT OF ALL SUMS DUE HEREUNDER, SHALL HAVE AND QUIETLY
ENJOY THE PREMISES FOR THE LEASE TERM SET FORTH HEREIN.

 

20.DURING
THE ENTIRE LEASE TERM THE TENANT SHALL, AT ITS OWN EXPENSE, MAINTAIN ADEQUATE LIABILITY INSURANCE WITH A REPUTABLE INSURANCE
COMPANY OR COMPANIES WITH MINIMUM AMOUNTS OF $300,000.00 FOR PROPERTY DAMAGE, AND $300,000.00 (PER INDIVIDUAL) AND
$1,000,000.00 (PER ACCIDENT) FOR PERSONAL INJURIES, TO INDEMNIFY BOTH LANDLORD AND TENANT AGAINST ANY SUCH CLAIMS, DEMANDS,
LOSSES, DAMAGES, LIABILITIES AND EXPENSES. LANDLORD SHALL BE NAMED AS ONE OF THE INSURED AND SHALL BE FURNISHED WITH A COPY
OF SUCH POLICY OR POLICIES OF INSURANCE, WHICH SHALL BEAR AN ENDORSEMENT THAT THE SAME SHALL NOT BE CANCELED EXCEPT UPON NOT
LESS THAN THIRTY (30) DAYS PRIOR WRITTEN NOTICE TO LANDLORD. TENANT SHALL ALSO AT ITS OWN EXPENSE MAINTAIN, DURING THE LEASE
TERM, INSURANCE COVERING ITS FURNITURE, FIXTURES, EQUIPMENT AND INVENTORY IN AN AMOUNT EQUAL TO THE FULL INSURABLE VALUE
THEREOF, AGAINST FIRE AND RISKS COVERED BY STANDARD EXTENDED COVERAGE ENDORSEMENT AND INSURANCE COVERING ALL PLATE GLASS AND
OTHER GLASS ON THE PREMISES. TENANT SHALL PROVIDE LANDLORD WITH COPIES OF THE POLICIES OF INSURANCE OR CERTIFICATES THEREOF.
IF TENANT FAILS TO MAINTAIN SUCH INSURANCE, LANDLORD MAY MAINTAIN THE SAME ON BEHALF OF TENANT. ANY PREMIUMS PAID BY
LANDLORD SHALL BE DEEMED ADDITIONAL RENT AND SHALL BE DUE ON THE PAYMENT DATE OF THE NEXT INSTALLMENT OF MINIMUM RENTAL
HEREUNDER.

 

    	 	3	 

     

    

 

THIS
LEASE SHALL BE BINDING ON THE PARTIES, THEIR PERSONAL REPRESENTATIVES, SUCCESSORS AND ASSIGNS.

 

DARREN LAMPERT
CEO

% GROWGENERATION
PUEBLO, CORP.

800 WESTCHESTER
AVE

RYE BROOK,
NY 10573

CEL: 914
924-1235

 

IN WITNESS
WHEREOF, THE PARTIES HAVE EXECUTED THIS DOCUMENT, IN DUPLICATE ORIGINALS ON THE DATE FIRST HEREINABOVE SET FORTH.

 

	LESSOR
    SUNSHINE PROPERTIES	 	 	 
	 	 	 	 	 
	By:	Peggy
    Gacob	 	DATE:	JUNE
    1, 2014
	 	MANAGER	 	 	 
	 	 	 	 	 
	LESSEE
    DARREN LAMPERT CEO / GROWGENERATION PUEBLO, CORP.
	 	 	 	 	 
	BY:	Darren
    Lampert	 	DATE:	JUNE
    1, 2014
	 	CEO,
    GrowGeneration Pueblo, Corp.	 	 	 
	 	 	 	 	 
	BY:	 	 	DATE:	JUNE
    1, 2014

 

  

 4Exhibit
10.16

 

LEASE

 

This
lease made and entered into as of this 27th day of May, 2014 Between Joet Renee Prutch Hereafter referred to as “Landlord”,
and              hereinafter referred to as “Tenant”.
GrowGeneration Pueblo Corp.

 

In
consideration of the terms, covenants and conditions herein contained, Landlord and Tenant covenant and agree as follows:

 

1.Demise.
Landlord leases to Tenant, and Tenant leases from Landlord, certain premises, described as follows:

 

Warehouse
and Office space located at 2704 So. Prairie Ave. Suite “C” and consisting of a total of approximately 1800 square
feet.

 

2.Term
and Rent. The term of this lease shall be for a period of 3 years, to Commence on the first day of 1st October
2014 and to terminate on the 30th day of September 2017.

 

After
3 years, Landlord does hereby grant unto Tenant an option to renew this lease on the agreed upon terms and conditions.

 

Tenant
shall pay Landlord as and for rent the sum of $950.00per month payable monthly in advance commencing on 1st each
no. The monthly rental shall be binding for the entire term of this lease and shall be prorated for any partial
month.

 

3.Assignment
and Subletting. Tenant will not assign this lease in whole or in part, or sublet all or any part of the leased premises, without
obtaining the written consent of the Landlord.

 

Landlord
will assign existing lease from Southern Colorado Garden Supply Cop.

 

4.Use
of Premises by Tenant. Tenant shall use the leased premises for Retail Gardening                 to
GrowGeneration Pueblo Corp expiring September 30th 2014.

 

5.Maintenance
and Cost of Maintenance of Common Area. Landlord shall, at his sole expense, maintain and repair all common areas, if any,
which Tenant is entitled to utilize including, but not limited to parking areas, driveways, sidewalks and landscaped areas.

 

6.Fixtures
and Alterations. Tenant shall not make or cause to be made any alterations, additions or improvements or install or cause
to be installed any trade fixtures, exterior signs, floor covering, interior or exterior lighting, plumbing fixtures, shades or
awnings or make any changes to the warehouse front without first obtaining Landlord’s written approval and consent, which consent
Landlord shall not unreasonably withhold. Tenant shall present to Landlord plans and specification for such work at the time approval
is sought. Alterations made by Tenant shall become property of Landlord at the expiration of the term of this lease or any extensions
ereof unless Landlord has specifically agreed, in writing, that Tenant may remove any such alterations.

 

     

     

    

 

7.Maintenance
of Leased Premises. Tenant shall at all times maintain the interior of the leased promises in good condition and repair.
Landlord shall be solely responsible for repair and Maintenance of the roof, building exterior, heating and air conditioning and
all plumbing and electrical needs for the building. If Landlord refuses or neglects to repair property as required hereunder as
soon as reasonably possible after written demand, to the reasonable satisfaction of Tenant, Tenant may make such repairs and upon
completion thereof, Landlord Shall pay Tenant’s costs for making such repairs upon presentation of a bill therefore.

 

8.
Insurance. Tenant will insure its contents and leasehold improvements at all times with “All-Risk” coverage for
full replacement value thereof. Tenant will also maintain liability insurance to protect Tenant in an amount of $1,000,000.00
or more for each occurrence for injuries or ‘damage to property. Landlord will insure the building at all times for fire, extended
coverage and additional perils, commonly referred to as “All-Risk” coverage, in an amount equal to the full value of
the building as determined by the Landlord.

 

9.
Waiver of Subrogation. Landlord and Tenant hereby release each other from and waive any claims against each other respecting
any property damage to the premises, the building in which the leased premised are located and all personal property located therein
to the extent such property damage is required to be insured against under the terms of this lease and regardless of the cause
of such property damage including negligence. All policies of insurance pertaining to the lease premises and its contents shall
be endorsed to provide that the insurance company may not subrogated with respect to insurance carried by Tenant against Landlord,
it being agreed that neither Tenant nor Tenant’s insurance company or companies shall have any right of action against Landlord
for any loss or damage to Tenant’s property in or about the leased premises which loss or damage is in fact covered by insurance
carried by Tenant, and that neither Landlord nor Landlord’s insurance company or companies shall have any right of recovery against
Tenant for any loss or damage to the building, the leased premises, or to Landlord’s property in or upon the leased premises,
which loss or damage is in fact covered by insurance carried by the Landlord.

 

10.
Mutual release of Liability. Neither party shall be liable to the other for damage arising out of the occurrence of damage
to or destruction of the building or the leased premises or the contents thereof by fire or other casualty, which loss is covered
by any insurance policy of either party, and each party does hereby waive all claims against the other for any such damages, whether
or not such damage or destruction be the result of negligence on the part of either party, its agents, servants or employees.

 

    	 	2	 

     

    

 

11.
Utilities and Taxes. Tenant shall be solely responsible for and promptly pay all charges for all utilities used or consumed
which are separately metered to the leased premises. In those cases that utilities are not separately metered, Tenant shall pay
its proportional share of the monthly charges for shared utilities. Tenant shall also be solely responsible for and promptly pay
all personal property taxes which may be levied or assessed by any lawful authority against any of Tenant’s personal property
located in the leased premised. Landlord shall be solely responsible for all real estate taxes for the lease premises.

 

12.Total
Destruction of Property. If there shall be total destruction of lease premises by fire or otherwise, the lease portion of
this agreement shall terminate at the option of Tenant, and if Tenant shall so exercise its rights to terminate, Landlord
shall be liable for reimbursement of Tenant for any rent paid in advance but not yet accrued as of the date of said destruction.

 

13.Condemnation.
If the premises or any part thereof are taken or condemned for a public or quasi-public use, this lease shall, as to the part
so taken, terminate as of the date title shall vest in the condemner, and the rent shall be adjusted accordingly as to the part
so taken, or shall cease if the entire premises be so taken. In no event shall any part or any condemnation award belong to the
Tenant, but the same shall be the sole, absolute and exclusive property of the Landlord.

 

14.
Default of the Tenant. In the event of any failure by Tenant to pay any rental due hereunder within (10) days after the
same shall be due or any failure to perform any other of the terms, conditions or covenants of this lease to be observed, or performed
by Tenant for thirty (30) days after written notice of such default shall have been given to Tenant (unless such default cannot
be cured within said thirty (30) day period, then landlord, besides other it may have, shall have the immediate right of reentry
and may recover and may remove all persons or property from the leased premises by legal process. Should Landlord at any time
terminate this lease for any breach, in addition to any other remedies it may have, it may recover from Tenant all damages it
may incur by reason of such breach. Tenant further agrees to indemnify Landlord for costs and expenses incurred by landlord in
any lawsuit against Tenant to enforce the terms of this lease.

 

15.Right
of Entry. Landlord or landlord’s agents shall have the right to enter the leased premises at all reasonable times to examine
the same and show them to prospective purchasers or lessees of the building, and to make such repairs, alterations, improvement
or additions as the Landlord may deem desirable so long as said entry does not unreasonably interfere with Tenant’s use of the
leased premises.

 

16.Landlord’s
Covenant. Upon payment by the Tenant of the rents herein provided, and upon the observance and performance of all covenants,
terms and conditions on Tenant’s part to be observed and performed, Tenant shall peaceably and quietly hold and enjoy the leased
premises for the term hereby demised without hindrance or interruption by landlord or any other person or persons lawfully or
equitably claiming by, through, or under the Landlord subject, nevertheless, to the terms and conditions of this lease.

 

    	 	3	 

     

    

 

17.
Notices. All notices, requests and other communications hereunder shall be in writing and shall be deemed to be deemed
to be duly given if delivered or deposited in the U.S. Mail first class postage prepaid, certified, return receipt requested (except
for rent payment) to the Landlord as Follows:

 

Renee
Prutch 

2710 S.
Prairie Ave 

Pueblo, Co
81005

  

And
to Tenant as Follows:

 

GrowGeneration
Pueblo Corp.

800
Westchester Ave, Suite S638

Ryebrook,
ny 10573

Ceo:
Darren Lampert

1-914-924-1235

 

Each
party may, from time to time, designate a different address by notice given in conformity with this paragraph. The date of mailing
as indicated by U.S. Postal return receipt shall be the commencement date for calculating any time periods associated with the
giving of notice hereunder.

 

18.
Amendments. It is acknowledged that the covenants and obligations herein are the full and complete terms of this lease
agreements, and no alternation, amendments or changes to such terms shall be blinding unless first reduce to writing and executed
with the same formality as this agreement. This provision shall not apply to changes of address for forwarding of notice or rental
payments.

 

19.Headings.
The headings hereof are intended as guides only and shall not be construed as having any legal effect.

 

20.Heirs,
Successors, and Assigns. Each and every obligation contained in this lease agreement shall be jointly and severally binding
upon the respective parties, their heirs, legal representatives, successors and assigns.

 

21.Other
Terms.

 

	 	1.	The building is a non-smoking building, all smokers shall smoke out the
North side of the building with a cigarette dispenser. (Please do not throw butts on the asphalt).
	 	 	 
	 	2.	All
    vehicles and tailors, etc. shall be in the back yard at closing time.

 

    	 	4	 

     

    

 

	 	3.	All
    trash containers shall be in the back yard (we will designate and area) or inside of your unit.
	 	 	 
	 	4.	All
    tenants shall keep up their trash and debris inside and outside of their units.
	 	 	 
	 	5.	Please
    be mindful and respectful to the other tenants as we are trying to maintain a professional complex for everyone.
	 	 	 
	 	6.	The
    rent is due on the first of each month, no later than the fifth, then a late fee of 5% will be assessed.
	 	 	 
	 	7.	Landlord
    specifically does not allow the sale, distribution, cultivation, or processing of marijuana, marijuana clones, or marijuana
    seeds. The Sales, distribution, cultivation, or processing of marijuana, marijuana clones, or processing of marijuana, marijuana
    clones, or marijuana seeds is grounds for immediate termination of this lease.

  

IN
WITNESS WHEREOF, the parties have caused these presents to be executed in duplicate as of the day and year last above written.

 

	 	LANDLORD:	 
	 	 	 	 
	 	[ILLEGIBLE]	5-27-14
	 	Renee
    Prutch	5-27-14
	 	 	 	 
	 	TENANT:	 
	 	 	 	 
	 	By	Darren
    Lampert	 
	 	 	CEO GrowGeneration,
    Pueblo Corp.	 

 

 

 5

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