EXHIBIT 10.13
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COMMERCIAL LEASE
The parties agree as follows:
Landlord: Strainwise, Inc.
Tenant: 5110 Race, LLC (d/b/a The Sanctuary)
Location of
leased premises: 0000 Xxxx Xxxxxx, Xxxxxx, XX
Term: Sixty months beginning August 1, 2014. Term can be
renewed for five additional years upon written notice from
Tenant to Landlord. Notice must be given at least three
months before expiration of lease.
Rent: $8,400 per month
During the term of the lease, Tenant will pay property taxes, insurance,
utilities, cleaning, trash removal, maintenance and any repairs which are not
the responsibility of the Landlord.
During the term of the lease, Landlord will pay for any repairs (exceeding
$5,000 per instance) to the foundation, exterior walls, or roof.
Tenant may grow and sell marijuana at the leased premises.
AGREED TO AND ACCEPTED:
February 27, 2015
STRAINWISE, INC.
By /s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
0000 XXXX XXXXXX, LLC
By /s/ Xxxxx Xxxxxxxx
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Xxxxx Xxxxxxxx, Managing Member
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