CoreCivic Lease Agreements and ESG Strategy
Relief Events
The Lessor is entitled to performance and schedule relief during certain Relief Events. A Relief Event means the occurrence of one of the below
events that results in a delay or interruption in the performance of any obligation under the Lease Documents, adverse economic impact on
Lessor, is beyond the Lessor's control, and could not have been avoided by the reasonable exercise of caution or diligence by the Lessor
Schedule Relief and Compensation
Schedule Relief Only
Compensation
(Adjustment Amount)
Special Adjustment Amount
No
Rules
N/A
No
N/A
Event
Compensation
(Adjustment
Amount)
Special Adjustment Amount
Rules
Event
Force Majeure Event
Yes
National or Statewide Strike
Yes
Injunction
Yes
Missed Lease Payment Costs Only
Missed Lease Payment Costs Only
None
Lessee-Related Release of Hazardous
Yes
None
Material
Unknown Condition
Other Third-Party Release of
Hazardous Materials
Uncooperative Utility Owner
Compliance with Public Order
Third-Party Release of Hazardous
Yes
Direct Costs Only
Protest Actions
Materials
Change in Law
Yes
Discriminatory Action
Yes
None
None
Condemnation or Taking
Yes
Alteration and Other Works
Yes
May qualify as a Pre-Payment Event if
elected by Lessor or Lessee
None
Vandalism
Yes
In certain instances, Lessee may
provide an adjustment for repairs
Lessee Change
Yes
None
Lessee-Caused Delay
Yes
None
Lessee Breach
Yes
May qualify as a Pre-Payment Event if
elected by Lessor or Lessee
No
N/A
No
2 2 2 2
N/A
3
No
N/A
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