−Removed: Other Information
−Removed: Loan Agreement, dated as of July 11, 2022, by and between Zoned Arizona Properties, LLC and East West Bank.
−Removed: (Incorporated by reference to exhibit 10.1 to Current Report on Form 8-K filed with the SEC by the Company on July 12, 2022).
−Removed: Variable Rate Note, dated as of July 11, 2022, issued by Zoned Arizona Properties, LLC in favor of East West Bank.
−Removed: (Incorporated by reference to exhibit 10.2 to Current Report on Form 8-K filed with the SEC by the Company on July 12, 2022).
−Removed: Guaranty, dated as of July 11, 2022, executed by Zoned Arizona Properties, LLC in favor of East West Bank.
−Removed: (Incorporated by reference to exhibit 10.3 to Current Report on Form 8-K filed with the SEC by the Company on July 12, 2022).
−Removed: Security Agreement – Deposit Account, dated as of July 11, 2022, by and between Zoned Arizona Properties, LLC and East West Bank.
−Removed: (Incorporated by reference to exhibit 10.4 to Current Report on Form 8-K filed with the SEC by the Company on July 12, 2022).
+Added: Assignment of Woodward Lease
+Added: On May 14, 2023, ZP Woodward entered into an Assignment
+Added: and Assumption of Lease (“Assignment”) whereby the Woodward Lease was assigned from Rapid Fish 2 LLC (“Old Tenant”)
+Added: to Rapid Fish LLC (“New Tenant”).
+Added: Old Tenant and New Tenant share common ownership.
+Added: The assignment of the Woodward Lease is
+Added: conditioned upon issuance by the City of Pleasant Ridge, Michigan of a final cannabis business license to New Tenant and ZP Woodward’s
+Added: receipt of a fully executed Reaffirmation of Guaranty from the guarantors of the Woodward Lease.
+Added: The Assignment contains other terms as
+Added: are customary for a document of this type.
+Added: The foregoing description of the Assignment is
+Added: not a complete description of all of the parties’ rights and obligations under the Assignment, and is qualified in its entirety
+Added: by reference to the Assignment, a copy of which is filed as Exhibit 10.4 to this Form 10-Q and incorporated herein by reference.
+Added: Assignment and Assumption Agreement dated as of December 2, 2022, by and between FL MI RE 22, LLC and ZP RE MI Woodward, LLC (incorporated by reference to Exhibit 10.1 to Current Report on Form 8-K filed with the SEC by the Company on March 2, 2023).
+Added: Land Contract, dated as of November 30, 2022, by and between The Thomas A.
+Added: Pearlman Revocable Trust U/A/D 6/13/2005 and FL MI RE 22, LLC (incorporated by reference to Exhibit 10.2 to Current Report on Form 8-K filed with the SEC by the Company on March 2, 2023).
+Added: Land Contract, dated as of February 24, 2023, by and between Gangnier Investments LLC and ZP RE MI Woodward, LLC (incorporated by reference to Exhibit 10.3 to Current Report on Form 8-K filed with the SEC by the Company on March 2, 2023).
+Added: Assignment and Assumption of Lease, dated as of May 14, 2023, by and among Rapid Fish 2 LLC, Rapid Fish LLC, and ZP RE MI Woodward, LLC.
Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer
10 unchanged sentences
Furnished herewith.
−Removed: Pursuant to the requirements
−Removed: of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto
−Removed: duly authorized.
+Added: to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf
+Added: by the undersigned thereunto duly authorized.
Zoned Properties, Inc.
−Removed: November 10, 2022
−Removed: /s/ Bryan McLaren
−Removed: Chairman, Chief Executive Officer and
+Added: Chief Executive Officer and
Chief Financial Officer
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.