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Effective Date:
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March 31, 2023
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Seller:
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HF Lakeland FL Landlord, LLC
c/o SunTrust Equity Funding, LLC.
3333 Peachtree Road, NE, 10th Floor Atlanta, Georgia 30326 Attn: Brion Haist Telephone: (404) 439-7654 Email: brion.haist@truist.com |
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Buyer:
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Haverty Furniture Companies, Inc.
780 Johnson Ferry Road, NE
Suite 800
Atlanta, Georgia 30342
Attn: Richard B. Hare
Telephone: (404) 443-4280
Email: rhare@havertys.com
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Premises:
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The land described in Exhibit A attached hereto, together
with the improvements thereon, all fixtures owned by Seller and located thereon, and the rights and easements appurtenant thereto, if any, owned by Seller.
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Lease:
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The Lease Agreement between Seller and Haverty Furniture Companies, Inc., a Maryland corporation (in its capacity as tenant under the Lease, “Tenant”), dated as of May 18, 2020, pursuant to which Seller has leased the Premises to Tenant. The Lease and the related documents set forth in Exhibit B are collectively referred to herein as the “Lease
Documents”.
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Purchase Price:
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$28,190,000.00
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Title Company:
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First American Title Insurance Company
National Commercial Services
3455 Peachtree Road NE, Suite 1700
Atlanta, Georgia 30326
Attn: Jon Uhlir
Tel: 440-720-3049
Email: JUhlir@firstam.com
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Exhibits Attached:
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A. Legal Description of Premises
B. List of Lease Documents
C. List of Environmental Reports
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1.
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Closing. The date (the “Closing Date”) for the performance of this Agreement (the “Closing”) shall be such Business Day occurring on or before May 15, 2023 as Buyer and Seller shall mutually agree on. The Closing shall be accomplished through escrow and shall consummate at the offices of Title
Company on the Closing Date, unless otherwise agreed upon in writing by Buyer and Seller.
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2.
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Deed. At the Closing,
Seller shall assign, transfer and convey the Premises to Buyer by execution and delivery of a special warranty deed in recordable form, subject only to the Permitted Encumbrances (as hereinafter defined), and sufficient to permit the Title
Company to issue a policy of title insurance for the Premises to Buyer, effective as of the Closing Date, and otherwise in the form of which shall be subject to Buyer’s reasonable review and approval (the “Deed”).
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3.
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Conditions Precedent to Closing.
(a) Buyer’s obligation to acquire the Premises is conditioned on all of the following, any or all of which may be expressly waived by Buyer, in writing, at its sole option: (i) Buyer shall not have notified Seller in writing on or prior to
the Due Diligence Date that Buyer has decided to terminate the transaction contemplated by this Agreement pursuant to Section 14; (ii) the Premises shall
be subject to no liens or encumbrances other than real estate taxes not yet payable, matters for which Tenant is or was responsible under the Lease and other matters approved or deemed approved by Buyer (collectively, the “Permitted Encumbrances”), (iii) all representations and warranties made by Seller in Section 11 shall be true and correct in all material respects on and as of the Closing Date, as if made on and as of such date, except to the extent that they expressly relate to an earlier date, and (iv)
Seller shall have delivered all of the documents and other items required pursuant to Section 4(a) and shall have timely performed all other covenants,
undertakings and obligations to be performed by Seller at or prior to the Closing.
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4.
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Closing Deliveries. (a) At
the Closing, Seller shall deliver or caused to be delivered to Buyer the following (collectively, the “Seller Closing Documents”):
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(i)
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An original executed copy of the Deed and an original Certification of Non-Foreign Status, in each case executed by
Seller;
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(ii)
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An original executed copy of a termination of the Lease and the Memorandum of
Lease (the “Lease Termination”), in a form reasonably acceptable to Seller, executed by Seller;
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(iii)
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An executed release of the Bank Assignment (as defined below) in recordable form;
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(iv)
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Resolutions, authorizations or other limited liability organizational documents or
agreements relating to Seller as shall be reasonably required by the Title Company;
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(v)
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A fully executed counterpart of an agreed upon closing and proration statement; and
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(vi)
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Such other affidavits, documents and certificates as may be customarily and
reasonably required by the Title Company in order to effectuate the transaction contemplated hereby (after taking into account that Seller has never been in physical possession of, or operated, the Premises and that the Premises are subject
to a net lease), including such evidence of Seller's authority to consummate the sale of the Premises as the Title Company may reasonably request.
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(i)
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An original executed counterpart of the Termination of Lease, executed by Buyer;
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(ii)
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Resolutions, authorizations, bylaws or other corporate and/or partnership
documents or agreements relating to Buyer as shall be reasonably required by the Title Company;
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(iii)
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A fully executed counterpart of an agreed upon closing and proration statement; and
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(iv)
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Such other affidavits, documents and certificates as may be customarily and
reasonably required by Seller’s counsel or the Title Company in order to effectuate the transaction contemplated hereby.
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5.
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Payment of Purchase Price.
At the Closing, Buyer shall pay, or cause to be paid, the Purchase Price in cash or its equivalent by federal wire transfer of immediately available funds.
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6.
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Remedies for Seller’s Non-Willful
Breach. If for any reason other than a Willful Breach of this Agreement Seller shall be unable to assign, transfer and convey the Premises to Buyer as herein stipulated on the Closing Date, or to deliver the other Seller
Closing Documents to Buyer on the Closing Date and so long as Buyer is not otherwise in breach of its obligations under this Agreement, Buyer may, at Buyer’s option, either (a) terminate Buyer’s obligation hereunder to purchase the
Premises, or (b) accept such title or such other performance as Seller can deliver pursuant hereto and pay therefor the Purchase Price without deduction or credit, in which case Seller shall assign, transfer and convey the Premises to
Buyer. Buyer acknowledges that, in the event of Seller’s inability to perform for any reason other than a Willful Breach of this Agreement, Seller shall have no liability to Buyer therefor and Buyer’s sole remedy shall be to terminate this
Agreement, as aforesaid.
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7.
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Remedies for Seller’s Willful Breach.
In the event of a Willful Breach by Seller at or prior to Closing, Buyer may, as its sole remedy therefor, (i) terminate this Agreement, without further recourse against Seller, or (ii) enforce specific performance of this Agreement against
Seller; provided, however, that if specific performance is either
unavailable as a remedy or would not serve to restore Buyer to its position prior to the Seller’s breach, Buyer shall also have the right to actual damages for such breach; provided, further that in no event shall Seller’s liability exceed an amount equal to $350,000. In no event shall Buyer be entitled
to recover consequential, special, incidental or punitive damages. A “Willful Breach” by Seller is defined as (i) the execution of a
contract for sale or option contract for sale of the Premises to any other buyer prior to the Closing (unless Buyer or Seller has terminated this Agreement or Buyer has breached its obligations hereunder, and except for any sale to any
affiliate or assignee of Buyer, it being understood that Seller previously entered into a purchase and sale agreement for the Premises that has been terminated as a result of Buyer’s exercise of its right of first refusal
under the Lease (the “Prior Sale Transaction”)), (ii) the willful or intentional failure or refusal by Seller to timely perform any of
Seller’s obligations, or the willful or intentional breach by Seller of any of its covenants, under this Agreement or Seller’s willful and intentional refusal to deliver the Seller Closing Documents, or (iii) a material misrepresentation by
Seller pursuant to Section 11.
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8.
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Condition of Premises. BUYER ACKNOWLEDGES THAT THE ACQUISITION OF THE PREMISES BY BUYER IS ON A STRICTLY “AS IS” BASIS, WITHOUT REPRESENTATION, WARRANTY OR COVENANT,
EXPRESS OR IMPLIED, OF ANY KIND WHATSOEVER, AND WITHOUT RECOURSE TO SELLER OR ANY AFFILIATE THEREOF, ALL EXCEPT AS EXPRESSLY SET FORTH HEREIN. EXCEPT AS EXPRESSLY SET FORTH HEREIN, SELLER HEREBY SPECIFICALLY DISCLAIMS ANY REPRESENTATIONS, WARRANTIES OR GUARANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, CONCERNING THE PREMISES, INCLUDING, WITHOUT LIMITATION, ENVIRONMENTAL MATTERS, PHYSICAL CONDITIONS, GEOLOGICAL CONDITIONS, DRAINAGE ISSUES, SOIL CONDITIONS, ZONING, THE
AVAILABILITY OF UTILITIES, VALUE, COMPLIANCE WITH PLANS AND SPECIFICATIONS, DESIGN, USE, TITLE, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. Except as herein expressly provided, Buyer shall be obligated to
purchase the Premises notwithstanding any casualty or taking with respect thereto. In addition, Buyer hereby acknowledges that Tenant’s
obligations with respect to insurance coverage regarding the Premises are set forth in the Lease,
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and neither Tenant nor Seller has no
obligation to provide any additional or different coverage; if Buyer requires additional or different coverage, such coverage shall be the sole responsibility of Buyer. The provisions of this Section 8 shall survive Closing.
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9.
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Damages for Buyer Breach.
If Buyer fails to deliver the Buyer Closing Documents at the time of the Closing or to pay the Purchase Price at the Closing, Buyer shall pay to Seller, within five (5) Business Days of demand, all out-of-pocket expenses incurred by Seller
in connection with this Agreement or the transactions contemplated hereby or in connection with the Prior Sale Transaction, including, without limitation, all reasonable attorneys’ fees and expenses incurred by Seller. In no event shall
Seller be entitled to specific performance of this Agreement based on any breach or default by Buyer of its obligation to purchase the Premises pursuant to the terms of this Agreement.
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10.
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Brokerage. Seller and Buyer
each represent that they have dealt with no broker in connection with this Agreement other than Jones Lang LaSalle (the “Broker”). If
the transactions contemplated by this Agreement are consummated, Seller shall pay a commission and/or fee to the Broker pursuant to the terms of a separate agreement with them. Seller and Buyer each agree to indemnify and hold the other
person harmless from and against any claim, liability, loss, cost, damage or expense, including court costs and attorneys’ fees, resulting from a breach of the above representations or, in the case of Seller, its failure to pay the
commission payable to the Broker in connection with the sale pursuant to this Agreement. The provisions of this Section shall survive the Closing.
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11.
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Representations and Warranties of
Seller. Subject to all matters described in the Lease Documents, the Environmental Reports (as hereinafter defined), the Title Documentation (as hereinafter defined) and the other Due Diligence Documents (as hereinafter
defined) (all such matters being referred to herein as “Exception Matters”), Seller represents and warrants to Buyer as of the date
hereof as follows:
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a.
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Documents: Seller has provided, or promptly
after execution of this Agreement will provide, to Buyer true and complete copies of all of (i) the environmental reports listed on Exhibit C (the “Environmental Reports”), and (ii) the zoning report and survey prepared for Seller with respect to the Premises (together with the Lease Documents and the Title
Documentation, collectively, the “Due Diligence Documents”).
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b.
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Seller Existence and Authority: Seller is a
limited liability company duly organized and validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to enter into, and perform its obligations under, this Agreement and any
other documents contemplated by this Agreement, including, without limitation, conveying the Premises. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby (i) have been duly authorized
by all necessary limited liability company action on the part of Seller, (ii) do not require any governmental or other consent, and (iii) will not result in the breach of any material agreement, indenture or other instrument to which Seller
is a party or is otherwise bound. This Agreement
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constitutes the legal, valid and binding obligation of Seller, enforceable against it in accordance with its terms.
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c.
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No Other Claims: Except pursuant to the Lease,
Seller has not assigned, pledged or transferred the Premises, or granted to any other person or entity any right or option to acquire the Premises that is still in effect, except for the Tenant under certain circumstances as provided in the
Lease.
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d.
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No Prior Assignment: Seller’s interest in the
Lease has not been previously assigned, encumbered or subjected to any liens, other than pursuant to an assignment of lease and rents for the benefit of Seller’s affiliate, Truist Bank (the “Bank Assignment”).
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e.
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No Brokerage: There are no existing brokerage
commission or similar agreements entered into by the Seller to which the Seller is bound or liable relating to the leasing of all or any portion of the Premises, including, without limitation, the Lease.
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12.
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Representations and Warranties of
Buyer; Covenant of Buyer. Buyer represents and warrants to Seller as follows:
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(a)
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Buyer Existence and Authority: Buyer is duly organized and in good standing under the laws of the jurisdiction of its formation (unless Buyer is an individual) and has the legal capacity to enter into, and perform
its obligations under, this Agreement and any other documents contemplated by this Agreement, including, without limitation, acquiring the Premises. The execution and delivery of this Agreement by Buyer and the consummation of the
transactions contemplated hereby by it (i) have been authorized by all necessary action on the part of Buyer, (ii) do not require any governmental or other consent and (iii) will not result in the breach of any agreement, indenture or other
instrument to which Buyer is a party or is otherwise bound. This Agreement constitutes the legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms.
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(b)
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Assignee of Buyer, Existence and Authority: In the event Buyer has elected to exercise its right to assign this Agreement pursuant to Section
22, Buyer represents and warrants that such entity will be at the time of such assignment duly organized, validly existing and in good standing under the laws of the state of its formation and will have at the time of such
assignment all requisite power and authority to enter into this Agreement and to perform its obligations hereunder. The execution and delivery of this Agreement by any assignee will be duly authorized.
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(c)
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Available Funds.
Buyer has available, or will on the Closing Date have available, to it unrestricted funds which it may use in its sole discretion to pay the Purchase Price and otherwise comply with the provisions of this Agreement.
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(d)
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OFAC. Neither Buyer nor any of its principals (unless Buyer is an individual, in which case the reference to “any of its principals” shall not apply) is a Blocked Person (as hereinafter defined). For purposes of
this paragraph, a “Blocked Person” is any person or entity with whom U.S. persons or entities are restricted from doing business under regulations
of the Office of Foreign Asset Control (“OFAC”) of the U.S. Department of the Treasury (including those named on OFAC’s Specially Designated and
Blocked Persons List) or under any statute, executive order (including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other
governmental action.
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13.
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Buyer’s Due Diligence.
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(a)
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Due Diligence Period. Unless Buyer notifies Seller in writing on or before 5:00 pm, Eastern Standard Time, on May 1, 2023 (the “Due Diligence Date”) that Buyer has elected to terminate this Agreement pursuant to this Section 13, which
election may be exercised by Buyer in its sole discretion for any reason or for no reason, then Buyer’s right to terminate this Agreement in its sole discretion shall be deemed waived; if Buyer does deliver such notice of termination on or
before the Due Diligence Date, then this Agreement shall be void without recourse to, or any further obligation of, the parties hereto, except for those obligations that expressly survive the termination hereof. Buyer’s waiver or deemed
waiver of its right to terminate this Agreement pursuant to this Section 13 shall constitute Buyer’s acknowledgment and agreement that it has been
afforded an adequate opportunity to make its own investigation of the condition of the Premises and any such matters as it deems relevant with respect to the Premises, the Seller, the Lease, the Due Diligence Documents and any other matter
relating to the transaction contemplated hereby. Buyer hereby acknowledges that it is currently in possession of the Premises pursuant to the Lease and, accordingly, has the ability to perform such investigations and inspections with
respect thereto as it chooses to; Buyer agrees that it will provide such rights to any assignee hereunder.
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(b)
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Review of Title. As promptly as practicable after the Effective Date, Seller shall request the Title Company to provide Buyer and Seller with a preliminary commitment for title insurance for the Premises issued by
the Title Company, together with complete and legible (to the extent available) copies of all exceptions and encumbrances noted thereon (the “Preliminary
Commitment”, and together with such exceptions and encumbrances, the “Title Documentation”). Buyer shall have
five (5) Business Days after its receipt thereof to advise Seller in writing of any encumbrances, restrictions, easements or other matters in the Preliminary Commitment that are not Permitted Encumbrances (collectively “Exceptions”) to which Buyer objects. All Exceptions to which Buyer does not object in writing within such five (5) Business Day
period shall be deemed accepted by Buyer and shall constitute Permitted Encumbrances.
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14.
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Time of Essence. Time is of
the essence of this Agreement.
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15.
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Limitation on Liability.
Buyer agrees that Buyer’s recourse against Seller under this Agreement or under any other agreement, document, certificate or instrument delivered by Seller to Buyer (including, without limitation, any agreement, document, certificate or
instrument delivered by Seller to Buyer on the Closing Date), or under any law applicable to the Premises or this transaction, shall be strictly limited to an amount not to exceed $350,000 in the aggregate. In no event shall (i) Buyer seek
or obtain any recovery or judgment against any of Seller’s members (or their constituent members, shareholders, managers or partners) or against any entity affiliated with or controlled by, controlling or under common control with Seller or
its assets or any director, officer, employee, or shareholder of any of the foregoing or (ii) Seller be liable for consequential, punitive, exemplary or special damages of any nature whatsoever.
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16.
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Notices. All notices
required or permitted hereunder shall be in writing and shall be given (a) by registered or certified mail, postage prepaid or (b) by a nationally recognized overnight delivery service which provides receipted delivery, addressed (i) if to
Seller, to Brion Haist, at Seller’s address stated on the first page hereof or such other address as Seller shall have last designated by written notice given as aforesaid to Buyer, with a copy to Julia R. Sarron, Sarron Law Group, LLC,
1424 W. Ohio St., Chicago, Illinois 60642-6118 (Telephone No.: 312/492-0022; E-mail: jsarron@sarronlaw.com), and (ii) if to Buyer, at Buyer’s address stated on the first page hereof or such other address as Buyer shall have last
designated by written notice given as aforesaid to Seller. Notices shall be deemed given upon receipt at the applicable address.
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17.
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Exhibits. The Exhibits
attached to or referred to herein are incorporated by reference as if set forth in full herein.
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18.
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Payment of Fees, Costs and Expenses.
Buyer and Seller shall each pay (i) the fees of its counsel retained in connection with this Agreement and the purchase and sale of the Premises and (ii) 50% of any escrow agent’s fees. Buyer shall be solely responsible for (a) the premium
for Buyer’s owner’s policy and for any and all endorsements thereto requested by Buyer, (b) all costs and expenses related to its due diligence, including any property inspections, environmental assessments, surveys and appraisals, and (c)
all recording charges related to the purchase and sale of the Premises. Seller shall be solely responsible for any and all documentary stamps, transfer taxes, and recording charges related to any releases payable in connection with the
purchase and sale of the Premises pursuant to this Agreement. As between Buyer and Seller, there shall be no adjustments at the Closing with respect to property operating, maintenance, real property taxes or other expenses related to the
Premises since such expenses are the responsibility of the Tenant under the Lease. The base monthly rent under the Lease shall be prorated as of the Closing Date (with Seller receiving a credit for the rent due for the day of Closing).
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19.
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No Offer. The submission of
a draft of this Agreement or a summary of some or all of its provisions does not constitute an offer to buy or to sell the Premises, it being understood and agreed that neither Buyer nor Seller shall be legally obligated with respect to the
obligations hereunder unless and until this Agreement has been executed by both Buyer and Seller.
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20.
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Applicable Law; Modifications; Joint
and Several Liability. This Agreement shall be governed by, and construed in accordance with, the internal laws of the State of Florida. This Agreement is not subject to any oral understandings, or written understandings
not set forth herein, is binding upon and inures to the benefit of Seller and Buyer and their respective personal representatives, successors and permitted assigns, and may be amended only by a written instrument executed by both Seller and
Buyer. If two or more persons are named herein as Seller or Buyer, their obligations hereunder shall be joint and several.
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21.
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Counterparts. This
Agreement may be executed in multiple counterparts or with multiple signature pages which, when assembled as a single document or, if not so assembled, when taken together shall be deemed to be fully effective and operative as an original
document. Executed signature pages to this Agreement signed by “DocuSign”, “esign” or similar manner and/or distributed by facsimile, pdf or similar format shall be deemed to be original signatures for all purposes.
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22.
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Assignment. Seller shall
not assign this Agreement. Except as set forth in this Section, Buyer may not assign this Agreement without Seller’s prior written consent; provided, however, that Buyer may, without Seller’s prior consent: (a) assign this Agreement to a limited liability company or other single purpose entity to be
hereinafter formed by Buyer or to any other affiliate of Buyer, and/or (b) assign its rights, but not obligations, in this Agreement to a qualified intermediary, in order that the transaction contemplated by this Agreement be part of a like
kind exchange under Section 1031 of the Internal Revenue Code of 1986, as amended (a “Like-Kind Exchange”). No assignment by Buyer shall
release Buyer from its obligations hereunder, which shall continue in full force and effect.
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23.
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Lease. Buyer and Seller
hereby each acknowledge and agree that the Lease will continue in full force and effect even in the event of a default by either party under this Agreement (unless the sale occurs on the Closing Date pursuant hereto) or in the event that
the purchase contemplated by this Agreement is not consummated for any reason.
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24.
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Captions. The section
headings appearing in this Agreement are for convenience and reference only and are not intended, to any extent and for any purpose, to limit or define the text of any section or any subsection hereof.
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25.
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Legal, Accounting and Tax Advice.
Without limiting the effect of the representations and warranties of either party, each party to this Agreement has obtained its own legal, accounting and tax advice, and has not relied upon the other party or other party’s advisors with
respect to legal, accounting and/or tax matters related to the transaction evidenced by this Agreement.
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26.
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Completion of Forms.
Whenever in this Agreement a document to be delivered at the Closing is described by reference to a form attached as an exhibit hereto, such documents shall be completed substantially in conformance with the referenced form attached as the
Exhibit and completed in accordance with the terms of this Agreement.
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27.
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Covenants of Seller. From
the date hereof up to and including the Closing Date, Seller covenants:
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28.
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Indemnification by Buyer.
From and after Closing, Buyer shall indemnify, defend and hold harmless Seller from and against any and all claims, expenses, costs, damages, losses and liabilities (including reasonable attorneys’ fees) which may at any time be asserted
against or suffered by Seller as a result of: (a)(i) any obligation of Buyer, (ii)) any default by Buyer under the Lease Documents, or (iii) the failure of Buyer to fulfill any other obligation of Buyer with respect to the Premises,
regardless of when asserted, and without reference to the Survival Period, or (b) subject to the time limitations set forth in Section 12, arising out of
the breach or inaccuracy of Buyer’s representations and warranties set forth in this Agreement.
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29.
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Business Day. The term “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which commercial banking institutions in the State of Georgia
are authorized or required by law to be closed.
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30.
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Waiver of Jury Trial. To
the extent permitted by applicable law, the parties hereto hereby agree to waive trial by jury in connection with any proceedings related to this Agreement or the transactions contemplated hereby.
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31.
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Legal Fees. If either Buyer
or Seller brings any action or suit against the other for any matter relating to or arising out of this Agreement, then the prevailing party in such action or dispute, whether by final judgment or out of court settlement, shall be entitled
to recover from the other party all costs and expenses of suit, including reasonable attorneys' fees. Any judgment or order entered in any final judgment shall contain a specific provision providing for the recovery of all costs and
expenses of suit, including reasonable attorneys' fees incurred in enforcing, perfecting and executing such judgment.
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32.
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Integration; No Oral Agreements.
This Agreement, the Seller Closing Documents and the Buyer Closing Documents embody the entire agreement and understanding between Buyer and Seller with respect to the purchase and sale transaction contemplated hereby and supersede all
other agreements and understandings between Buyer and Seller with respect to the subject matter thereof. This Agreement, the Seller Closing Documents and the Buyer Closing Documents represent the final agreement between the parties and may
not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of Buyer and Seller or any course of prior dealings. There are no unwritten oral agreements between the parties.
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33.
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Section 1031 Exchange.
Seller and/or Buyer, at any time prior to the Closing Date, may elect to effect a simultaneous or non-simultaneous Like-Kind Exchange. Buyer and Seller expressly agree to cooperate with each other in connection with any such exchange in
any manner that shall not impose any additional cost or liability upon the other party, including without limitation by executing any and all documents, including escrow instructions or agreements consenting to the assignment of Seller’s
and/or Buyer’s rights and obligations hereunder to an exchange entity, which may be necessary to carry out such an exchange; provided, however, that any election by Seller or Buyer to effect such an exchange shall not delay the Closing Date or result in any release of Seller or Buyer of its
obligations under this Agreement.
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SELLER:
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HF LAKELAND FL LANDLORD, LLC, a Delaware limited liability
company
By: STEF NLIP, LLC, a Delaware limited liability company, its Manager
By: SunTrust Equity Funding, LLC, a Delaware limited liability company, its Manager
By: /s/ Allison McLeod
Name: Allison McLeod
Title: Manager
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BUYER:
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HAVERTY FURNITURE
COMPANIES, INC., a Maryland corporation
By: Richard B. Hare
Name: Richard B. Hare Title: Executive Vice President & Chief Financial Officer
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| 1. |
Lease Agreement, dated as of May 18, 2020, between the Seller and the Tenant.
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| 2. |
Memorandum of Lease, dated as of May 18, 2020, between the Seller and the Tenant.
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| 3. |
Landlord’s Waiver and Consent, dated as of May 18, 2020, among Seller, Tenant and Truist Bank.
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