Agreement to Cancel Lease Between Vitamin Realty Associates LLC and Agrolabs, Inc.
Vitamin Realty Associates LLC (Landlord) and Agrolabs, Inc. (Tenant) have mutually agreed to terminate their lease for warehouse and office space at 225 Long Avenue, Hillside, NJ, effective July 1, 2022. All rights and obligations under the lease are cancelled as of that date, except for any obligations that arose before the termination. This agreement is binding on both parties and their successors.
Exhibit 10.2.2
Agreement to Cancel Lease
This Agreement to cancel lease (the “Agreement”) is made and effective July 1, 2022,
BETWEEN: Vitamin Realty Associates LLC (the “Landlord”), with offices located at 225 Long Avenue, Hillside, NJ 07205
AND: Agrolabs, Inc. (the “Tenant”), with offices located at 225 Long Avenue, Hillside, NJ 07205
WHEREAS the Landlord and the Tenant executed a lease dated May 4, 2012 (the “Lease”), as amended, of warehouse and office space located at 225 Long Avenue, Hillside, NJ (the “Premises”) but the parties now wish to cancel the Lease;
It is agreed as follows:
TERMS
Tenant and Landlord do hereby mutually agree to terminate and cancel said Lease effective July 1, 2022, and all rights and obligations under said Lease shall thereupon be cancelled excepting only for any obligations under the Lease accruing prior to the effective termination date.
This agreement shall be binding upon the parties, their successors, and representatives.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above
Tenant: Agrolabs, Inc | Landlord: Vitamin Realty Associates, LLC |
Signature: /s/ Dina L Masi | Signature: /s/ Christina Kay |
Name: Dina L Masi | Name: Christina Kay |
Title: Chief Financial Officer | Title: Member |
Dated: July 15, 2022 | Dated: July 15, 2022 |