Lease agreement and addendum between Prescott Management, LLC and Oakridge Enterprises, LLC
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EX-10.4 2 f10q0919ex10-4_mjholdings.htm LEASE AGREEMENT AND ADDENDUM BETWEEN PRESCOTT MANAGEMENT, LLC AND OAKRIDGE ENTERPRISES, LLC
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 |
