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HomeMy WebLinkAboutBlue Zones LLC-Sharecare, Inc 2024-11-01ASSIGNMENT OF SUBLEASE AGREEMENT This Assignment of Sublease Agreement (the “Assignment Agreement”) is entered into as of November __, 2024, by and among the City of Ukiah (“Sublessor”), Sharecare, Inc. Assignor”), and Blue Zones, LLC (“Assignee/Subtenant”). Terms used by not defined herein shall have those meanings set forth in the Sublease Agreement (defined below). RECITALS: WHEREAS, Sublessor and Assignor previously entered into that certain Sublease Agreement on August 1, 2021 (the “Sublease Agreement”), for the Alex Rorabaugh Center (the “ARC” or “the Leased Premises”) in Mendocino County located at 1640 S. State Street, Ukiah CA 95482; WHEREAS Assignor and Assignee/Subtenant are business partners and jointly utilized the Leased Premises in accordance with Section 6 of the Sublease Agreement for their business activities, but such partnership will be dissolved on January 1, 2025; WHEREAS, Assignor desires to assign all of its rights, interest and obligations under the Sublease Agreement to Assignee/Subtenant, and Assignee/Subtenant wishes to assume such rights, interest and obligations; and WHEREAS, Sublessor is willing to consent to the assignment of the Sublease Agreement by Assignor to Assignee/Subtenant, pursuant to the terms set forth herein. NOW, THEREFORE, Assignor, Assignee and Blue Zones, in consideration of the foregoing recitals and the mutual agreements and covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: AGREEMENT: 1. Assignment. Effective on January 1, 2025 (the “Assignment Effective Date”), the Assignor hereby assigns and conveys to Assignee/Subtenant for the benefit of Assignee/Subtenant, its successors and assigns, all of Assignor’s right, title and interest in and to the Sublease Agreement, and delegate all of Assignor’s obligations, responsibility and duties under the Sublease Agreement to Assignee/Subtenant. 2. Assumption. Assignee/Subtenant hereby accepts the assignment and conveyance of Assignor’s right, title and interest in and to the Sublease Agreement, and Assignor’s obligations, responsibilities and duties under Sublease Agreement beginning on the Assignment Effective Date. Assignee/Subtenant’s assumption of the Sublease Agreement is without reliance upon any representation or warranty made by Sublessor prior to the Assignment Effective Date with regard to (i) Assignor’s past performance under the Sublease Agreement, (ii) the condition of the Leased Premises, (iii) or the suitability of the Leased Premises for the Use as defined in the Sublease Agreement. COU No. 2425-151r 3.Assignor’s Indemnification Obligations. Nothing herein shall release Assignor from its obligations under the Sublease Agreement prior to the date hereof, including its obligation to indemnify and defend Sublessor from any claims, actions, judgments, liabilities, proceedings and costs, including reasonable attorney’s fees and other costs of defense and damages, resulting from Assignor’s performance prior to the date hereof. 4.Notices. For purposes of Notice under Section 10 of the Sublease Agreement, the following contact information shall be used for Subtenant beginning on the Assignment Effective Date: Subtenant Blue Zones, LLC 200 Southdale Center Edina, MN 55435 Attention: Amelia Clabots, Chief Financial Officer General Counsel Email: amelia@bluezones.com & Legal@bluezones.com 5.Benefit of the Agreement. This Assignment Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Nothing in this Assignment Agreement, express or implied, shall confer on any person or entity other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Assignment Agreement, including any third party beneficiary rights. 6.Counterparts; Facsimile. This Assignment Agreement may be executed in counterparts, each of which shall be deemed an original and all of which, when taken together, shall be deemed to be one Assignment Agreement. Delivery of an executed counterpart of a signature page to this Assignment Agreement by hand, fax, or portable document format shall be effective as the delivery of a fully-executed counterpart of this Assignment Agreement. 8. Authority. By signing below, the undersigned representative of each party warrants and represents that he or she has full authority to execute this Assignment Agreement on behalf of each Party respectively and to legally bind the party on whose behalf he or she is executing this Assignment Agreement to the terms hereof. Signatures on Next Page.] IN WITNESS WHEREOF, the parties hereto have executed and delivered this Assignment Agreement as of the date first above written. CITY OF UKIAH, Sublessor SHARECARE, INC., Assignor By: ___________________ By: __________________ Sage Sangiacomo, City Manager BLUE ZONES, LLC, Assignee/Subtenant By:____________________ Amelia Clabots, CFAO