Assignment Contract

Town of Wickenburg — Regular Meeting (2026-03-02)

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ASSIGNMENT OF LEASE

That certain Lease entered into by and between the Town of Wickenburg, an Arizona
municipal corporation (the “Lessor”’) and Lenore Grace, successor in interest to John Grace,

(“Lessee” or “Assignor’”) is hereby assigned to Bruce Martens (“Assignee”) as follows:
1. Assignment. Assignor hereby assigns the Lease to Assignee;

2. Assumption. Assignee hereby assumes all rights, duties, obligations, and liabilities under
the Lease arising from and after the effective date of this Assignment:

3. Release. Assignor shall be released from liability for obligations arising under the Lease
from and after the effective date of this Assignment, provided, however, that Assignor
shall remain fully liable for any unpaid rent, insurance obligations, indemnification
duties, or other liabilities arising prior to the date of this Assignment:

4. Consent. Lessor hereby consents to the Assignment subject to such conditions.
IN WITNESS THEREOF, the parties hereby execute this Assignment.

ASSIGNOR

i tL
al

By: Leste Groce
Name and Title: Lenore Grace _

Date: & L/ af Ile

ASSIGNEE

ay BOW

Name and Title: Bruce Martens _
Date: Afi af: AG

[Signatures continue on next page. ]

197945486v2 Assignment of Lease

LESSOR CONSENT TO ASSIGNMENT

By: -
Town Manager

Date:

ATTEST:

By:

Town Clerk

APPROVED AS TO FORM:

By: —
Town Attorney

197945486v2 Assignment of Lease