Kittitas County Real Estate Purchase & Sale Agreement-925 Industrial Way

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a I l pursuant to the terms of this Agreement, damages, or rescission. If the non-defaulting party seeking damages or rescission is Purchaser, the earnest money, upon demand, shall be refunded. If the non-defaulting party seeking damages or rescission is Seller, the earnest money,upon demand, shall be forfeited and paid to Seller. Initials of: Seller: / Purchaser: 10. Closing: 10.1. Date of Closing: Following the Time of Closing, the chosen Title Company shall promptly record the deed and any other recordable documents with the appropriate county recording office and provide confirmation of recording to both parties. For purposes of this Agreement, "date of closing" shall be constricted as the date upon which all appropriate documents are recorded and proceeds of this sale are available for { disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition,as available for disbursement to Seller. 10.2. Place of Closing:, The Closing of this transaction shall occur in such escrow, title i insurance company, or attorney as the Parties may agree, either in person or virtually in accordance with Washington law. 10.3. Time of Closing: The Time of Closing is the sale date, which shall occur on February 18, 2026, provided all contingencies required under section 4 herein have been j satisfied by both parties. 10.4. Seller's Deliveries at the Time of Closing: On or before the Time of Closing, Seller shall deliver (or cause to be delivered) to Purchaser, a duly-executed and acknowledged Quit Claim Deed conveying to Purchaser, fee simple title to the Property (the "Deed"). The Deed will be in a form prepared by Seller, subject to the reasonable approval of Purchaser. l J 10.5. Purchaser's Deliveries at the Time of Closing: On or before the Time of Closing, Purchaser shall deliver to Seller, the remainder of the Purchase price. 10.6. Closing Costs: The Parties will split closing costs equally. 11. Seller Lease-Back Option: 11.1. Notwithstanding the Date under Section 10.3 herein,if Seller's new location is not ready for occupancy by February 15, 2026, Seller shall have the option to lease the Property back from Buyer following Closing, subject to the following terms: 11.2. Exercise of Option:_Seller may exercise the Lease-Back Option by providing written notice to Buyer no later than five (5) business days prior to the Time of Closing Page 6 of 9 INITIALS: Purchaser: /Date: Seller: /Date: