EX-10.2







SECOND AMENDMENT TO




AGREEMENT FOR PURCHASE AND SALE



THIS SECOND AMENDMENT is executed effective November 30, 2005 by and between the
undersigned Seller and Buyer. This Amendment amends that certain Agreement for Purchase and Sale
between Seller and Buyer dated for reference purposes August 18, 2005 regarding the
purchase and sale of certain property located at 795 Trademark Drive, Reno, Nevada, as amended (the
“Agreement”). The defined, capitalized terms used in the Agreement shall have the same meaning when
used herein.




The Agreement is amended as follows:



1. The parties hereby agree that the final day allowed for Close of Escrow,
originally set by Section 6.2.1 of the Agreement to be December 15, 2005, is hereby
extended to January 6, 2006.



2. Seller acknowledges that, pursuant to Section 14 of the Agreement, Buyer has the right to
assign the Agreement to a new Delaware limited liability company wholly owned by Buyer (the “LLC”).



3. As part of the Assumption, Lender may require the LLC, Buyer, and/or various
affiliates of the LLC or Buyer (all collectively, “Assuming Parties”) to assume liability
for matters that shall have arisen or accrued after Seller acquired by Property but prior to the
Close of Escrow, such as environmental matters, nonrecourse carve-out matters, or violations of
representations or covenants in the Loan documents (collectively, “Prior Liabilities”). If and
to the extent Lender requires Buyer to assume Prior Liabilities, Triple Net Properties,
LLC shall defend and indemnify the Assuming Parties regarding any such Prior
Liabilities and all claims and losses related to the same or resulting from assumption of the same.
This covenant shall survive Close of Escrow and not be merged in any document delivered
at Close of Escrow.



4. This Second Amendment may be executed in counterparts and shall
become binding when one such counterpart has been delivered by each of the parties. Delivery by
facsimile is sufficient.



5. Except as expressly amended hereby, the Agreement remains unamended and is in
full force and effect and is hereby ratified and confirmed.



IN WITNESS WHEREOF, this Second Amendment has been executed as of the date and year first
above written.



[Signatures on following pages]




1 — SECOND AMENDMENT TO




AGREEMENT FOR PURCHASE AND SALE



NNN:



Triple Net Properties, LLC,



a Virginia limited liability company,



	 	 	 
	By: /s/ Anthony W. Thompson

	 
	 	 
	 

	 
	 	 
	Its:

	 	Anthony W. Thompson
	
 
	 	 
	
 
	 	CEO






SELLER:



	 	 	 
	TREIT-Reno Trademark, LLC, a Nevada limited liability company

	 
	 	 
	By:

	 	Triple Net Properties, LLC,

a Virginia limited liability company,

its Vice President
	 
	 	 
	
 
	 	By: /s/ Jack R. Maurer
	
 
	 	 
	
 
	 	Name: Jack R. Maurer

Title: Executive Vice President






	 	 	 
	NNN Reno Trademark 1, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 
	NNN Reno Trademark 2, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 
	NNN Reno Trademark 3, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President






	 	2	 	- SECOND AMENDMENT TO






AGREEMENT FOR PURCHASE AND SALE



	 	 	 	 	 
	NNN Reno Trademark 4, LLC, a Nevada limited liability company
	 	 
	 
	 	 	 	 
	By:

	 	Triple Net Properties, LLC,
	 	

	 
	 	 	 	 
	 	 	a Virginia limited liability company,

	 
	 	 	 	 
	
 
	 	its Vice President
	 	

	 
	 	 	 	 
	
 
	 	By: /s/ Jack R. Maurer
	 	

	 	 	 

	
 
	 	Name: Jack R. Maurer

Title:
	 	

Executive Vice President






	 	 	 	 	 
	NNN Reno Trademark 5, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company,
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 	 	 
	NNN Reno Trademark 6, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company,
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 	 	 
	NNN Reno Trademark 7, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company,
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 	 	 
	NNN Reno Trademark 8, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company,
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President





	 	 	 	 	 
	3 - SECOND AMENDMENT TO
	AGREEMENT FOR PURCHASE AND SALE
	NNN Reno Trademark 9, LLC, a Nevada limited liability company
	By:	 	Triple Net Properties, LLC,
	 	 	a Virginia limited liability company,
	 	 	its Vice President
	 	 	By: /s/ Jack R. Maurer
	 	 	Name: Jack R. Maurer
	 	 	Title: Executive Vice President






	 	 	BUYER:





	 	 	 	 	 
	Skyline, LP, a limited partnership
	 	 
	 
	 	 	 	 
	By:

	 	RK Skyline Mgr., LLC,
	 	

	 
	 	 	 	 
	 	 	a limited liability company

	 
	 	 	 	 
	
 
	 	its general partner
	 	

	 
	 	 	 	 
	
 
	 	By:
	 	/s/ Rick Katzenbach
	
 
	 	 	 	 






	 	 	 	 	 
	 	 	Name:	 	 	Rick Katzenbach
	 	 	Its:	 	 	Manager/Member






	 	4	 	– SECOND AMENDMENT TO





AGREEMENT FOR PURCHASE AND SALE