Addendum 1 to Lease Agreement between Prescott Management, LLC and Oakridge Enterprises, LLC
This addendum modifies the lease agreement between Prescott Management, LLC and Oakridge Enterprises, LLC. It sets the effective date of the lease as July 24, 2019, grants Prescott and/or MJ Holdings, Inc. access to the premises by August 1, 2019, and changes the lease term to run from October 1, 2019, to September 30, 2029. All other terms of the original lease remain unchanged.
Exhibit 10.4
ADDENDUM 1 TO LEASE
Reference is made herein to that certain lease agreement (the “Agreement”) dated June 15, 2019 by and between Oakridge Enterprises, LLC (“Oakridge”), a Nevada limited liability company and Prescott Management, LLC (“Prescott”), a Nevada limited liability and wholly owned subsidiary of MJ Holdings, Inc. (“MJH”), a Nevada publicly traded corporation. Oakridge and Prescott are each a party (“Party”) to the Agreement and collectively may be referred to herein as parties (the “Parties”).
Whereas, the Parties desire to execute the Agreement with the following modifications:
| 1. | The Parties hereby agree that the effective date of the Agreement shall be July 24, 2019. |
| 2. | The Parties hereby agree that Prescott and or MJH shall have access to the leased premises commencing on or before August 1, 2019. |
| 3. | The “Original Term” of the lease shall be change to commence October 1, 2019 and terminate on September 30, 2029. |
All other provisions of the lease remain in full force and effect.
| Prescott Management, LLC | Oakridge Enterprises, LLC | |
| /s/ PARIS BALAOURAS | /s/ FARHAD DELRAHIM | |
| By: Paris Balaouras, Manager | By: Farhad Delrahim, President |
