Supplemental Indenture



 EXHIBIT 4.3 
 SUPPLEMENTAL INDENTURE 
 This Supplemental Indenture, dated as of May 10, 2007 (this
“Supplemental Indenture” or “Guarantee”), among the entities listed on Annex A hereto (each, a “Guarantor” and collectively, the “Guarantors”), Ventas, Inc. (together with
its successors and assigns, the “Issuer”), each other then existing Subsidiary Guarantor under the Indenture referred to below, and U.S. Bank National Association, as Trustee under the Indenture referred to below. 
 WITNESSETH: 
 WHEREAS, the Issuer, the Subsidiary Guarantors and the Trustee have heretofore executed and delivered an Indenture, dated as of December 1, 2006 (as amended, supplemented, waived or otherwise modified, the
“Indenture”), providing for the issuance of 3 7/8% Convertible Senior Notes due 2011 of the Issuer (the
“Notes”); 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee and the Company are authorized to execute
and deliver this Supplemental Indenture to amend the Indenture, without the consent of any Noteholder; 
 NOW, THEREFORE, in consideration of
the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guarantor, the Issuer, the other Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the
Noteholders as follows: 
 ARTICLE 1 
 DEFINITIONS 
 Section 1.01. Defined Terms. As used in this Supplemental Indenture, terms defined in the
Indenture or in the preamble or recital hereto are used herein as therein defined, except that the term “Noteholders” in this Supplemental Indenture shall refer to the term “Noteholders” as defined in the Indenture and the
Trustee acting on behalf or for the benefit of such Noteholders. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a
whole and not to any particular section hereof. 
 ARTICLE 2 
 AGREEMENT TO BE BOUND; GUARANTEE 
 Section 2.01. Agreement to be Bound. Each Guarantor hereby becomes a party to the Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a
Subsidiary Guarantor under the Indenture. Each Guarantor agrees to be bound by all of the provisions of the Indenture applicable to a Subsidiary Guarantor and to perform all of the obligations and agreements of a Subsidiary Guarantor under the
Indenture. 
 Section 2.02. Guarantee. Each Guarantor fully, unconditionally and irrevocably guarantees to each holder of the
Notes and the Trustee the Obligations pursuant to Article 14 of 








 
the Indenture on a senior basis. To evidence its guarantee, each Guarantor hereby agrees that a notation of its Subsidiary Guarantee substantially in the
form attached to the form of Note set forth in Exhibit A to the Indenture will be endorsed by an Officer of such Guarantor on each Note authenticated and delivered by the Trustee. Each Guarantor further agrees that its Subsidiary Guarantee
shall remain in full force an defect notwithstanding any failure to so endorse each Note. 
 ARTICLE 3 
 MISCELLANEOUS 
 Section 3.01. Notices. All notices and other communications to any Guarantor shall be given as provided in the Indenture to such Guarantor, at its address set forth below, with a copy to the Issuer as provided in the Indenture
for notices to the Issuer. 
 Section 3.02. Parties. Nothing expressed or mentioned herein is intended or shall be construed to
give any Person, other than the Noteholders and the Trustee, any legal or equitable right, remedy or claim under or in respect of this Supplemental Indenture or the Indenture or any provision herein or therein contained. 
 Section 3.03. Governing Law. This Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New
York. 
 Section 3.04. Severability Clause. In case any provision in this Supplemental Indenture shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby and such provision shall be ineffective only to the extent of such invalidity, illegality or unenforceability.

 Section 3.05. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the
Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Noteholder
heretofore or hereafter authenticated and delivered shall be bound hereby. The Trustee makes no representation or warranty as to the validity or sufficiency of this Supplemental Indenture. 
 Section 3.06. Counterparts. The parties hereto may sign one or more copies of this Supplemental Indenture in counterparts, all of which
together shall constitute one and the same agreement. 
 Section 3.07. Headings. The headings of the Articles and the sections in
this Supplemental Indenture are for convenience of reference only and shall not be deemed to alter or affect the meaning or interpretation of any provisions hereof. 







 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of
the date first above written. 
  

					
	 GUARANTORS

		
		 	Ventas MOB Holdings, LLC
			
		 	By:	 	 /s/ Richard A. Schweinhart

		 	Name:	 	Richard A. Schweinhart
		 	Title:	 	President and Chief Financial Officer
		
		 	Ventas Nexcore Holding, LLC
			
		 	By:	 	 /s/ Richard A. Schweinhart

		 	Name:	 	Richard A. Schweinhart
		 	Title:	 	President and Chief Financial Officer
		
		 	Ventas Broadway MOB, LLC
			
		 	By:	 	 /s/ Richard A. Schweinhart

		 	Name:	 	Richard A. Schweinhart
		 	Title:	 	President and Chief Financial Officer
		
		 	Ventas Casper Holdings, LLC
			
		 	By:	 	 /s/ Richard A. Schweinhart

		 	Name:	 	Richard A. Schweinhart
		 	Title:	 	President and Chief Financial Officer
		
		 	Ventas SSL Ontario III, Inc.
			
		 	By:	 	 /s/ Richard A. Schweinhart

		 	Name:	 	Richard A. Schweinhart
		 	Title:	 	President and Chief Financial Officer










					
		
		 	 SZR Mississauga Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Lynn Valley, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Markham Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Beacon Hill, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Richmond Hill Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Ontario II, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer










					
		
		 	 Ventas Grantor Trust #2

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Windsor Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Oakville Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Vancouver, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Sunrise of Vancouver Limited

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR of Burlington Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer










					
		
		 	Ventas Grantor Trust #1
			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Holdings, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Ventas SSL Holdings, LLC

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer
		
		 	 Sunrise REIT US Holdings, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	Richard A. Schweinhart
		 	 Title:
	 	President and Chief Financial Officer



							
		
		 	 SZR Willowbrook, LLC




							
				
		 		 	 By:
	 	SZR US Investments, Inc., its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer










							
		
		 	 SZR Columbia, LLC

				
		 		 	 By:
	 	SZR US Investments, Inc., its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Norwood, LLC

				
		 		 	 By:
	 	SZR US Investments, Inc., its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Rockville, LLC

				
		 		 	 By:
	 	SZR US Investments, Inc., its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR San Mateo, LLC

				
		 		 	 By:
	 	SZR US Investments, Inc., its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR US Investments, Inc.

				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer










							
		
		 	 SZR US Finance, Inc.

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	 Richard A. Schweinhart

		 	 Title:
	 	 President and Chief Financial Officer

		
		 	 SZR US UPREIT THREE, LLC

			
		 	 By:
	 	 /s/ Richard A. Schweinhart

		 	 Name:
	 	 Richard A. Schweinhart

		 	 Title:
	 	 President and Chief Financial Officer

		
		 	 SZR Lincoln Park, LLC

				
		 		 	 By:
	 	SZR US UPREIT THREE, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR North Hills, LLC

				
		 		 	 By:
	 	SZR US UPREIT THREE, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer
		
		 	 SZR Westlake Village LLC

				
		 		 	 By:
	 	SZR US UPREIT THREE, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer










							
		
		 	 SZR Yorba Linda, LLC

				
		 		 	 By:
	 	SZR US UPREIT THREE, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ Richard A. Schweinhart

		 		 	 Name:
	 	Richard A. Schweinhart
		 		 	 Title:
	 	President and Chief Financial Officer










							
	
	 ISSUER

		
		 	 VENTAS, INC., as Issuer

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	 Name:
	 	 T. Richard Riney

		 	 Title:
	 	Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
	
	 EXISTING SUBSIDIARY GUARANTORS

		
		 	 Ventas Realty, Limited Partnership

				
		 		 	 By:
	 	Ventas, Inc., its General Partner
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
		
		 	 Ventas LP Realty, L.L.C.

				
		 		 	 By:
	 	Ventas, Inc., its Sole Member
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
		
		 	 Ventas Healthcare Properties, Inc.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	 Ventas TRS, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President
		
		 	 Ventas Framingham, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Ventas Management, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	 Title:
	 	Executive Vice President, General Counsel and Secretary
		
		 	 ElderTrust

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Secretary
		
		 	 ElderTrust Operating Limited Partnership

				
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary










							
		
		 	ET Capital Corp.
			
		 	By:	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Secretary
		
		 	ET Sub-Berkshire Limited Partnership
				
		 		 	By:	 	ET Berkshire, LLC, its General Partner
		 		 	By:	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	By:	 	ElderTrust, its General Partner
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	ET Berkshire, LLC
				
		 		 	By:	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	By:	 	ElderTrust, its General Partner
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 Cabot ALF, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	 ElderTrust, its General Partner

				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary











							
		
		 	 Cleveland ALF, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET Sub-Heritage Woods, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET Sub-Highgate, L.P.

				
		 		 	 By:
	 	ET GENPAR, L.L.C., its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	By:	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET GENPAR, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary










							
		
		 	 ET Sub-Lacey I, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary

		
		 	 ET Sub-Lehigh Limited Partnership

				
		 		 	 By:
	 	ET Lehigh, LLC, its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary

		
		 	 ET Lehigh, LLC

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary

		
		 	 ET Sub-Lopatcong, L.L.C.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	 Name:
	 	 T. Richard Riney

		 	 Title:
	 	 Secretary











							
		
		 	ET Sub-Pennsburg Manor Limited Partnership, L.L.P.
				
		 		 	 By:
	 	ET Pennsburg Finance, L.L.C., its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary

		
		 	 ET Pennsburg Finance, L.L.C.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	 Name:
	 	 T. Richard Riney

		 	 Title:
	 	 Secretary

		
		 	 ET Sub-Phillipsburg I, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	 Name:
	 	 T. Richard Riney

		 		 	 Title:
	 	 Secretary

		
		 	 ET Sub-Pleasant View, L.L.C.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	 Name:
	 	 T. Richard Riney

		 	 Title:
	 	 Secretary











							
		
		 	 ET Sub-Rittenhouse Limited Partnership, L.L.P.

				
		 		 	 By:
	 	ET GENPAR, L.L.C., its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	ET Sub-Riverview Ridge Limited Partnership, L.L.P.
				
		 		 	 By:
	 	ET GENPAR, L.L.C., its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET Sub-Sanatoga Limited Partnership

				
		 		 	 By:
	 	ET Sanatoga, LLC, its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary










							
		
		 	 ET Sanatoga, LLC

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET Sub-SMOB, L.L.C.

				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 Vernon ALF, L.L.C.

				
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	ET Sub-Willowbrook Limited Partnership, L.L.P.
				
		 		 	 By:
	 	ET GENPAR, L.L.C., its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary










							
		
		 	ET Sub-Wayne I Limited Partnership, L.L.P.
				
		 		 	 By:
	 	ET Wayne Finance, L.L.C., its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 ET Wayne Finance, L.L.C.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Secretary
		
		 	 ET Wayne Finance, Inc.

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Chairman, Executive Vice President and Secretary
		
		 	 Ventas Sun LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 Ventas Cal Sun LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	Ventas Provident, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 PSLT GP, LLC

				
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 PSLT OP, L.P.

				
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 PSLT-BLC Properties Holdings, LLC

				
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	Brookdale Living Communities of Arizona-EM, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of California, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of California-RC, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	Brookdale Living Communities of California-San Marcos, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of Illinois-2960, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of Illinois-II, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	BLC of California-San Marcos, L.P.
				
		 		 	 By:
	 	Brookdale Living Communities of California-San Marcos, LLC, its General Partner
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 Brookdale Holdings, LLC

				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of Indiana-OL, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	Brookdale Living Communities of Massachusetts-RB, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of Minnesota, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	Brookdale Living Communities of New York-GB, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	Brookdale Living Communities of Washington-PP, LLC
				
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 The Ponds of Pembroke Limited Partnership

				
		 		 	 By:
	 	Brookdale Holdings, LLC, its General Partner
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 River Oaks Partners

				
		 		 	 By:
	 	Brookdale Holdings, LLC, its General Partner
		 		 	 By:
	 	PSLT-BLC Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary










							
		
		 	PSLT-ALS Properties Holdings, LLC
				
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 PSLT-ALS Properties I, LLC

				
		 		 	 By:
	 	PSLT-ALS Properties Holdings, LLC, its Sole Member
		 		 	 By:
	 	PSLT OP, L.P., its Sole Member
		 		 	 By:
	 	PSLT GP, LLC, its General Partner
		 		 	 By:
	 	Ventas Provident, LLC, its Sole Member
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Corporate Secretary
		
		 	 ET Sub-Woodbridge, L.P.

				
		 		 	 By:
	 	ET GENPAR, L.L.C., its General Partner
		 		 	 By:
	 	ElderTrust Operating Limited Partnership, its Sole Member
		 		 	 By:
	 	ElderTrust, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Secretary
		
		 	 VSCRE Holdings, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	United Rehab Realty Holding, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Martinsburg Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Ontario Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Medina Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Washington Township Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	EC Lebanon Realty, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 EC Hamilton Place Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 EC Timberlin Parc Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 EC Halcyon Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Altoona Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	BCC Altoona Realty GP, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	BCC Altoona Realty, LP
				
		 		 	 By:
	 	BCC Altoona Realty GP, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	BCC Reading Realty, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Reading Realty GP, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	BCC Reading Realty, LP
				
		 		 	 By:
	 	BCC Reading Realty GP, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Berwick Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Berwick Realty GP, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Berwick Realty, LP

				
		 		 	 By:
	 	BCC Berwick Realty GP, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	BCC Lewistown Realty, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Lewistown Realty GP, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Lewistown Realty, LP

				
		 		 	 By:
	 	BCC Lewistown Realty GP, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC State College Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC State College Realty GP, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	BCC State College Realty, LP
				
		 		 	 By:
	 	BCC State College Realty GP, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 South Beaver Realty Holdings, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC South Beaver Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Shippensburg Realty Holdings, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 BCC Shippensburg Realty, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	IPC (AP) Holding, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 AL (AP) Holding, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Allison Park Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Allison Park Nominee, LP

				
		 		 	 By:
	 	Allison Park Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 IPC (HCN) Holding, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	AL (HCN) Holding, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Bloomsburg Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Bloomsburg Nominee, LP

				
		 		 	 By:
	 	Bloomsburg Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Sagamore Hills Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Sagamore Hills Nominee, LP
				
		 		 	 By:
	 	Sagamore Hills Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Lebanon Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Lebanon Nominee, LP

				
		 		 	 By:
	 	Lebanon Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Saxonburg Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Saxonburg Nominee, LP
				
		 		 	 By:
	 	Saxonburg Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Loyalsock Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Loyalsock Nominee, LP

				
		 		 	 By:
	 	Loyalsock Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 IPC (MT) Holding, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	AL (MT) Holding, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Lewisburg Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Lewisburg Nominee, LP

				
		 		 	 By:
	 	Lewisburg Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Hendersonville Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Hendersonville Nominee, LP
				
		 		 	 By:
	 	Hendersonville Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	Lima Nominee, LLC
			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	Lima Nominee, LP
				
		 		 	 By:
	 	Lima Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Kingsport Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Kingsport Nominee, LP
				
		 		 	 By:
	 	Kingsport Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Xenia Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Xenia Nominee, LP

				
		 		 	 By:
	 	Xenia Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Knoxville Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Knoxville Nominee, LP
				
		 		 	 By:
	 	Knoxville Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Chippewa Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Chippewa Nominee, LP

				
		 		 	 By:
	 	Chippewa Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary
		
		 	 Dillsburg Nominee, LLC

			
		 	 By:
	 	 /s/ T. Richard Riney

		 	Name:	 	T. Richard Riney
		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
		
		 	Dillsburg Nominee, LP
				
		 		 	 By:
	 	Dillsburg Nominee, LLC, its General Partner
				
		 		 	 By:
	 	 /s/ T. Richard Riney

		 		 	Name:	 	T. Richard Riney
		 		 	Title:	 	Executive Vice President, General Counsel and Secretary










							
	
	THE TRUSTEE
		
		 	 U.S. BANK NATIONAL ASSOCIATION,
     as Trustee

			
		 	 By:
	 	 /s/ Robert T. Jones

		 	Name:	 	Robert T. Jones
		 	Title:	 	Vice President & Trust Officer









 Annex A 
 GUARANTORS 
  

			
	 Name
	 	 Place of Organization
 or Formation

	 Ventas MOB Holdings, LLC
	 	Delaware
	 Ventas Nexcore Holding, LLC
	 	Delaware
	 Ventas Broadway MOB, LLC
	 	Delaware
	 Ventas Casper Holdings, LLC
	 	Delaware
	 Ventas SSL Ontario III, Inc.
	 	Ontario
	 SZR Mississauga Inc.
	 	Ontario
	 Ventas SSL Lynn Valley, Inc.
	 	Ontario
	 SZR Markham Inc.
	 	Ontario
	 Ventas SSL Beacon Hill, Inc.
	 	Ontario
	 SZR Richmond Hill Inc.
	 	Ontario
	 Ventas SSL Ontario II, Inc.
	 	Ontario
	 Ventas Grantor Trust #2
	 	Delaware
	 SZR Windsor Inc.
	 	Ontario
	 SZR Oakville Inc.
	 	Ontario
	 Ventas SSL Vancouver, Inc.
	 	Ontario
	 Sunrise of Vancouver Limited
	 	Jersey
	 SZR of Burlington Inc.
	 	Ontario
	 Ventas Grantor Trust #1
	 	Delaware
	 Ventas SSL, Inc.
	 	Delaware
	 Ventas SSL Holdings, Inc.
	 	Delaware
	 Ventas SSL Holdings, LLC
	 	Delaware
	 Sunrise REIT US Holdings, Inc.
	 	Delaware
	 SZR Willowbrook, LLC
	 	Delaware
	 SZR US UPREIT THREE, LLC
	 	Delaware
	 SZR Lincoln Park, LLC
	 	Delaware
	 SZR North Hills, LLC
	 	Delaware
	 SZR Westlake Village LLC
	 	Delaware
	 SZR Yorba Linda, LLC
	 	Delaware








 Annex A 
  

			
	 Name
	 	 Place of Organization
 or Formation

	 SZR Columbia, LLC
	 	Delaware
	 SZR Norwood, LLC
	 	Delaware
	 SZR Rockville, LLC
	 	Delaware
	 SZR San Mateo, LLC
	 	Delaware
	 SZR US Finance, Inc.
	 	Delaware
	 SZR US Investments, Inc.
	 	Delaware