SEC Contract Filing

Filing Date: 2024-02-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>ea0200951ex10-4_halloffame.htm
<DESCRIPTION>SECOND AMENDMENT TO LEASE AGREEMENT, DATED FEBRUARY 29, 2024, AMONG HFAKOH001 LLC, AS LANDLORD, HOF VILLAGE WATERPARK, LLC, AS TENANT, HOF VILLAGE NEWCO, LLC, AS GUARANTOR AND HOF VILLAGE STADIUM, LLC, AS MORTGAGOR
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<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 10.4</B></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECOND AMENDMENT TO <BR>
LEASE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Second Amendment to Lease
Agreement (the &ldquo;<U>Amendment</U>&rdquo;) is made and entered into as of February 28, 2024 (the &ldquo;<U>Effective Date</U>&rdquo;),
by and between HFAKOH001 LLC, a Delaware limited liability company (&ldquo;<U>Landlord</U>&rdquo;), and HOF VILLAGE WATERPARK, LLC, a
Delaware limited liability company (&ldquo;<U>Tenant</U>&rdquo;), and acknowledged and agreed to by HOF VILLAGE NEWCO, LLC, a Delaware
limited liability company (&ldquo;<U>Guarantor</U>&rdquo;), as guarantor under the Guaranty (as hereinafter defined) and pledgor under
the Stadium Pledge (as hereinafter defined) and pledgor under the Fields Pledge (as hereinafter defined), HOF VILLAGE STADIUM, LLC, a
Delaware limited liability company (&ldquo;<U>Stadium Mortgagor</U>&rdquo;), as mortgagor under the Stadium Mortgage (as hereinafter defined),
and HALL OF FAME RESORT &amp; ENTERTAINMENT COMPANY, a company incorporated under the laws of the State of Delaware (&ldquo;<U>HOFRECO</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>RECITALS</U>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A. Landlord
and Tenant entered into that certain Lease Agreement dated as of November 7, 2022 (the &ldquo;<U>Original Lease</U>&rdquo;), as amended
by that certain First Amendment to Lease Agreement dated as of February 23, 2024 (the &ldquo;<U>First Lease Amendment</U>&rdquo;; the
Original Lease, as amended by the First Lease Amendment, and as may be further amended from time to time, collectively, the &ldquo;<U>Lease</U>&rdquo;),
with respect to the Premises (as defined in the Lease). All initial capitalized terms not otherwise defined herein have the meanings assigned
to such terms in the Lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">B. In
connection with the Lease, Guarantor delivered to Landlord that certain Limited Recourse Carveout Guaranty dated as of November 7, 2022
(as amended from time to time, the &ldquo;<U>Guaranty</U>&rdquo;), and that certain Pledge and Security Agreement dated as of November
7, 2022 (as amended from time to time, the &ldquo;<U>Stadium Pledge</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">C. In
connection with the Lease and the Stadium Pledge, Stadium Mortgagor delivered to Landlord that certain Open-End Leasehold Mortgage, Assignment
of Leases and Rents, Security Agreement and Fixture Filing dated as of December 27, 2022, and recorded as of December 29, 2022, as Instrument
No. 202212290053025 with the Stark County, Ohio Recorder (as amended from time to time, the &ldquo;<U>Stadium Mortgage</U>&rdquo;). The
land, improvements, and other mortgaged property described in the Stadium Mortgage are referred to collectively herein as the &ldquo;<U>Stadium</U>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">D. In
connection with the First Lease Amendment, Guarantor delivered to Landlord (1) that certain Consent &amp; Agreement dated as of February
23, 2024 (together with all amendments, restatements, amendments and restatements, replacements and other modifications from time to time,
the &ldquo;<U>Consent</U>&rdquo;), (2) that certain Pledge and Security Agreement dated as of February 23, 2024 (together with all amendments,
restatements, amendments and restatements, replacements and other modifications from time to time, the &ldquo;<U>Fields Pledge</U>&rdquo;),
(3) that certain Series H Common Stock Purchase Warrant dated as of February 23, 2024, relating to Hall of Fame Resort &amp; Entertainment
Company (together with all amendments, restatements, amendments and restatements, replacements and other modifications from time to time,
the &ldquo;<U>Warrants</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">D. Landlord
and Tenant now desire to amend the Lease upon the terms and conditions contained herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P