Item 1.01.Entry into a Material Definitive Agreement.

On May 31, 2022, Lifted Liquids Inc. doing business as Lifted Made, a wholly-owned subsidiary of LFTD Partners Inc. (the "Company"), entered into a Lease Agreement (the "Lease") with TI Investors of Kenosha LLC, (the "Landlord") for office and warehouse space (the "Leased Premises") located at 9560 58th Place, Suite 360, Kenosha, WI 53144 (the "Property"). The Leased Premises is expected to facilitate the internalization of certain packing functions, as well as provide additional needed office space.

The term of the Lease will commence on July 1, 2022 (the "Commencement Date"). The initial term of the Lease will extend approximately five years from the Commencement Date and ending June 30, 2027, unless extended or earlier terminated in accordance with the Lease. While extensions are not prohibited, Lifted Made does not have the right to unilaterally elect to extend the term of the Lease for an additional term.

Under the terms of the Lease, Lifted Made will lease approximately 6,132 square feet at the Property and pay an initial base square foot charge of $10.75 per square foot per annum, with increases in rent each year during the term as set out in the table titled "Rent Schedule" below.





                                 Rent Schedule



         Date           Base Monthly Rent
07/01/2022 - 06/30/2023     $5,493.25
07/01/2023 - 06/30/2024     $5,630.58
07/01/2024 - 06/30/2025     $5,771.35
07/01/2025 - 06/30/2026     $5,915.63
07/01/2026 - 06/30/2027     $6,063.52

Lifted Made will also be responsible for paying its proportionate share of real estate taxes and other operating costs which are estimated to be at least $28,330 per year, with the initial monthly payment tax and cost payment being $2,360.82 per month.

The foregoing description of the terms of the Lease Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease Amendment, a copy of which is attached hereto as Exhibit 10.69.

Item 2.03.Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The discussion contained in "Item 1.01 Entry into a Material Definitive Agreement" of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.

Item 9.01 Financial Statements and Exhibits.





Exhibit 10.69   Lease Agreement

Exhibit 99.1    Press Release Dated June 7, 2022

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