EX-10.2
EX-10.2
RK RIVANI LLC, a Florida limited liability company
as LANDLORD
and
PLAYBOY ENTERPRISES, INC., a Delaware corporation
as TENANT
| LEASE AGREEMENT |
1691 Michigan Ave
Miami Beach, FL 33139
LEASE AGREEMENT
THIS LEASE AGREEMENT (“Lease”) is entered into May 14, 2026 and effective May 1, 2026 (the “Effective Date”) by and between Landlord and Tenant.
1.BASIC LEASE DEFINITIONS, EXHIBITS AND ADDITIONAL DEFINITIONS.
1.1Basic Lease Definitions.
In this Lease, the following defined terms shall have the meanings indicated.
(a)“Effective Date” shall have the meaning set forth above.
(b)“Landlord” means RK RIVANI LLC, a Florida limited liability company.
(c)“Tenant” means PLAYBOY ENTERPRISES, INC., a Delaware corporation. Tenant represents and warrants that, as of the Effective Date and throughout the Term, Tenant owns and controls all of the assets of Playboy, Inc., a Delaware corporation, or its publicly-traded successor.
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