MASTER LEASE AGREEMENTMaster Lease Agreement • March 30th, 2016 • Adcare Health Systems, Inc • Services-skilled nursing care facilities
THIS MASTER LEASE AGREEMENT (this “Lease”) is entered into as of the 5th day of February, 2016 (the “Execution Date”) by and among the entities identified as landlords on Schedule 1 attached hereto and incorporated herein by reference (collectively, the “Landlord”) and SKYLINE HEALTHCARE LLC, or other entities to be formed by the Tenant, those entities to be identified as tenants on Schedule 1 (collectively, the “Tenant”) for (i) the improved real property described on Exhibits “A-1” through “A-9” attached hereto and incorporated herein by reference (collectively, the “Real Property”) and (ii) the “Landlord Personal Property” associated therewith described on Exhibit “B” (the Landlord Personal Property together with the Real Property, are collectively referred to as the “Premises”). Certain capitalized terms used in this Lease are defined on Exhibit “C”.
OPTION AGREEMENT FOR THE SALE AND PURCHASE OF REAL PROPERTYOption Agreement • March 30th, 2016 • Adcare Health Systems, Inc • Services-skilled nursing care facilities • Arkansas
THIS OPTION AGREEMENT FOR THE SALE AND PURCHASE OF REAL PROPERTY (“Agreement”) is made and entered into as of the 5th day of February, 2016 (the “Effective Date”), by and between Joseph Schwartz, or entities designated by Joseph Schwartz (or its designated affiliate) (“Purchaser”) and the entities identified as landlords on Schedule 1 attached hereto and incorporated herein by reference (collectively, “Seller”).
