COMMON STOCK PURCHASE WARRANT GENERATION INCOME PROPERTIES, INC.Generation Income Properties, Inc. • June 17th, 2021 • Real estate investment trusts • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _______________________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [_____], 20261 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Generation Income Properties, Inc., a Maryland corporation (the “Company”), up to [___] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b). This Warrant shall initially be issued and maintained in the form of a security held in book-entry form and the Depository Trust Company or its nominee (“DTC”) shall initially be the sole registered holder of this Warrant, s
GENERATION INCOME PROPERTIES, INC. and VSTOCK TRANSFER, LLC, as Warrant Agent Warrant Agency Agreement Dated as of [_], 2021Warrant Agency Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • New York
WARRANT AGENCY AGREEMENT, dated as of _____, 2021 (“Agreement”), between Generation Income Properties, Inc., a Maryland corporation (the “Company”), and VStock Transfer, LLC, a limited liability company organized under the laws of California (the “Warrant Agent”).
WARRANT TO PURCHASE COMMON STOCK GENERATION INCOME PROPERTIES, INC.Generation Income Properties, Inc. • June 17th, 2021 • Real estate investment trusts
THIS WARRANT TO PURCHASE COMMON STOCK (the “Warrant”) certifies that, for value received, [ ], or its assigns (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after ________, 20224 (the “Initial Exercise Date”) and, in accordance with FINRA Rule 5110(g)(8)(A), prior to at 5:00 p.m. (New York time) on the date that is five (5) years following the Effective Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from GENERATION INCOME PROPERTIES, INC., a Maryland corporation (the “Company”), up to ______3 shares of common stock, par value $0.01 per share (“Common Stock”), of the Company, as subject to adjustment hereunder (the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
UNITS EACH UNIT CONSISTING OF ONE SHARE OF COMMON STOCK AND ONE WARRANT TO PURCHASE ONE SHARE OF COMMON STOCK GENERATION INCOME PROPERTIES, INC. UNDERWRITING AGREEMENTUnderwriting Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • New York
Generation Income Properties, Inc., a Maryland corporation (the “Company”), proposes, subject to the terms and conditions contained herein (this “Agreement”), to sell to you and the other underwriters named on Schedule 1(a) to this Agreement (the “Underwriters”), for whom Maxim Group LLC (“Maxim”) is acting as Representative (the “Representative,” “you” or similar terminology), an aggregate of [___] units (the “Units”), with each Unit consisting of one share of the Company’s common stock, par value $0.01 per share (the “Common Stock”), and one warrant to purchase one share of Common Stock, in the form attached hereto as Exhibit C (“Warrant”). The respective amounts of the Units to be purchased by each of the several Underwriters are set forth opposite their names on Schedule 1(a) hereto. In addition, the Company proposes to grant to the Underwriters an option to purchase up to an additional [___] Option Shares and/or [___] Option Warrants from the Company for the purpose of covering ov
TAX PROTECTION AGREEMENTTax Protection Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • Delaware
THIS TAX PROTECTION AGREEMENT (this “Agreement”) is made and entered into as of the 30th day of September, 2019 by and among GENERATION INCOME PROPERTIES, L.P., a Delaware limited partnership (the “Partnership”), GENERATION INCOME PROPERTIES, INC., a Maryland corporation (the “REIT”), and the sole general partner of the Partnership, and RIVERSIDE CROSSING, L.C., a Virginia limited liability company, as contributor (the “Contributor” and, together with the Partnership and the REIT, the “Parties”).
STOCK REDEMPTION AGREEMENTStock Redemption Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • Florida
THIS STOCK REDEMPTION AGREEMENT (“Agreement”) is entered into as of June 10, 2021 and is by and among Generation Income Properties, Inc., a Maryland corporation (the “Corporation”), and David Sobelman (the “Seller”).
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts
This Second Amendment to Employment Agreement (“Second Amendment”) is entered into as of June 9, 2020 (the “Effective Date”) by and between GENERATION INCOME PROPERTIES, INC., a Maryland corporation (the “Company”) and RICHARD RUSSELL (“Mr. Russell”).
GUARANTY AGREEMENTGuaranty Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • Florida
This Guaranty Agreement (the “Guaranty”) is made effective as of the 21st day of April, 2021, by DAVID SOBELMAN, an individual (“Guarantor”), to and for the benefit of THE BANK OF TAMPA, a Florida banking corporation, its successors and/or assigns, as their interests may appear (hereinafter referred to as “Bank”).
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • June 17th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts
THIS PURCHASE AND SALE AGREEMENT(“Agreement”) is made and entered into as of the Effective Date (hereinafter defined) by and between GIPFL JV 1106 Clearlake Road, LLC, a Delaware limited liability company (“Seller”), with an address of 401 East Jackson Street, Suite 3300, Tampa, Florida 33602, Attn: David Sobelman;, with a required copy to Trenam Law, 200 Central Avenue, Suite 1600, St. Petersburg, Florida 33702, Attn: Timothy M. Hughes, Esq., and The Kissling Interests, LLC (“Purchaser”), with an address of 350 Fifth Avenue, Suite 4304, New York, New York 10118, Attn: Anthony M. Kissling, with a required copy to Gaboriault & Pearsall, P.C., 237 Post Road West, Westport, Connecticut 06880, Attn: Steven W. Pearsall, Esq.
