0001104659-19-060118 Sample Contracts

LEASE DATED October 30, 2019 by and between IIP-IL 3 LLC, a Delaware limited liability company and PHARMACANN LLC, an Illinois limited liability company LEASE AGREEMENT
Lease Agreement • November 5th, 2019 • Innovative Industrial Properties Inc • Real estate • Illinois

This Lease Agreement (this “Lease“), dated October 30, 2019 (the “Execution Date”), is made between IIP-IL 3 LLC, a Delaware limited liability company (“Landlord“), and PHARMACANN LLC, an Illinois limited liability company (“Tenant“).

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DEVELOPMENT AGREEMENT
Development Agreement • November 5th, 2019 • Innovative Industrial Properties Inc • Real estate • Illinois

Tenant shall be responsible for requiring all of Tenant contractors doing construction or renovation work to purchase and maintain such insurance as shall protect it from the claims set forth below which may arise out of or result from any work performed in connection with the Development, whether such work is completed by Tenant or by any contractors or by any person directly or indirectly employed by Tenant or by any person for whose acts Tenant or any contractors may be liable:

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