EX-10.26




 Exhibit 10.26 

SEVENTH AMENDMENT TO CREDIT AGREEMENT 

THIS SEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) dated as of May 25, 2017, by and among BROADSTONE NET LEASE, LLC
(the “Borrower”), BROADSTONE NET LEASE, INC. (the “Parent”), each of the Lenders party hereto and MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent (the “Administrative Agent”). 

WHEREAS, the Borrower, the Parent, the Lenders, the Administrative Agent and certain other parties have entered into that certain Credit
Agreement dated as of October 2, 2012 (as amended including by (i) that certain First Amendment to Credit Agreement dated as of June 27, 2014, (ii) that certain Second Amendment to Credit Agreement and Agreement Regarding Commitment
Increases and Additional Term Loans dated as of December 22, 2014, (iii) that certain Third Amendment to Credit Agreement dated as of November 6, 2015, (iv) that certain Fourth Amendment to Credit Agreement dated as of June 30, 2016,
(v) that certain Fifth Amendment to Credit Agreement dated as of December 23, 2016, and (vi) that certain Sixth Amendment dated as of March 23, 2017, in each case, by and among the Borrower, the Parent, certain Lenders party thereto,
the Administrative Agent and the other parties thereto, and as in effect immediately prior to the effectiveness of this Amendment, the “Credit Agreement”); 

WHEREAS, the parties hereto desire to amend certain provisions of the Credit Agreement on the terms and conditions contained herein. 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the
parties hereto hereby agree as follows: 
 Section 1. Specific Amendments to Credit Agreement. Upon the effectiveness of this
Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: 
 (a) The Credit Agreement is amended by
amending and restating the second sentence of Section 2.12. thereof in its entirety as follows: 
 The Borrower may exercise such right
only by executing and delivering to the Administrative Agent no later than 12:00 p.m. Eastern time one day prior (but not more than 180 days prior) to the current Revolving Termination Date and/or Term Loan Maturity Date, as applicable, a written
request for such extension (an “Extension Request”). 
 Section 2. Conditions Precedent. The effectiveness of this
Amendment, is subject to receipt by the Administrative Agent of the following, each in form and substance satisfactory to the Administrative Agent: 

(a) a counterpart of this Amendment duly executed by the Borrower, the Parent, the Administrative Agent and the Requisite Lenders; 

(b) a Guarantor Acknowledgement substantially in the form of Exhibit A attached hereto, executed by each Guarantor; 

(c) evidence that all fees, expenses and reimbursement amounts due and payable to the Administrative Agent have been paid; and 

(d) such other documents, instruments and agreements as the Administrative Agent may reasonably request. 








 Section 3. Representations. Each of the Parent and the Borrower represents and
warrants to the Administrative Agent and the Lenders that: 
 (a) Authorization. This Amendment has been duly authorized by all
necessary limited liability company action of the Borrower and all corporate action of the Parent, and the Parent has the requisite power and authority to execute and deliver on behalf of itself and the Borrower this Amendment. Each of the Borrower
and the Parent has the requisite power and authority to perform this Amendment and the Credit Agreement, as amended by this Amendment, in accordance with their respective terms. This Amendment has been duly executed and delivered by the Borrower and
the Parent and each of this Amendment and the Credit Agreement, as amended by this Amendment, is a legal, valid and binding obligation of the Borrower and the Parent enforceable against the Borrower and the Parent in accordance with their respective
terms except as (i) the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors rights generally and (ii) the availability of equitable remedies for the enforcement of certain obligations (other
than the payment of principal) contained herein or therein and as may be limited by equitable principles generally. 
 (b) Compliance
with Laws, etc. The execution and delivery by the Borrower and the Parent of this Amendment and the performance by the Borrower and the Parent of this Amendment and the Credit Agreement, as amended by this Amendment, in accordance with their
respective terms, do not and will not, by the passage of time, the giving of notice or otherwise: (i) require any Governmental Approvals or violate any Applicable Laws (including all Environmental Laws) relating to the Parent, the Borrower or
any other Loan Party; (ii) conflict with, result in a breach of or constitute a default under the organizational documents of the Parent, the Borrower or any other Loan Party, or any material indenture, agreement or other instrument to which
the Parent, the Borrower or any other Loan Party is a party or by which it or any of its respective properties are bound; or (iii) result in or require the creation or imposition of any Lien upon or with respect to any property now owned or
hereafter acquired by the Parent, the Borrower or any other Loan Party other than in favor of the Administrative Agent for its benefit and the benefit of the Lenders. 

(c) No Default. No Default or Event of Default has occurred and is continuing as of the date hereof, nor will exist immediately after
giving effect to this Amendment. 
 Section 4. Reaffirmation of Representations by Borrower and Parent. The representations and
warranties made or deemed made by the Borrower or any other Loan Party in any Loan Document to which such Loan Party is a party are true and correct in all material respects (except in the case of a representation or warranty qualified by
materiality, in which case such representation or warranty shall be true and correct in all respects) on the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such
representations and warranties shall have been true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall have been true and correct in
all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Credit Agreement. 

Section 5. Certain References. Each reference to the Credit Agreement in any of the Loan Documents shall be deemed to be a
reference to the Credit Agreement as amended by this Amendment. 
 Section 6. Expenses. The Borrower shall reimburse the
Administrative Agent upon demand for all reasonable, documented out-of-pocket costs and expenses (including reasonable attorneys’ fees) incurred by the
Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and the other agreements and documents executed and delivered in connection herewith. 

  
 2 









 Section 7. Benefits. This Amendment shall be binding upon and shall inure to the
benefit of the parties hereto and their respective successors and assigns. 
 Section 8. GOVERNING LAW. THIS AMENDMENT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE. 

Section 9. Effect. Except as expressly herein amended, the terms and conditions of the Credit Agreement and the other Loan
Documents remain in full force and effect. The amendments contained in Section 1 hereof shall be deemed to have prospective application only from the date this Amendment becomes effective. The Credit Agreement, as herein amended, is hereby
ratified and confirmed in all respects. Nothing in this Amendment shall limit, impair or constitute a waiver of the rights, powers or remedies available to the Administrative Agent or the Lenders under the Credit Agreement, as herein amended, or any
other Loan Document. 
 Section 10. Counterparts. This Amendment may be executed in any number of counterparts, each of which
shall be deemed to be an original and shall be binding upon all parties, their successors and assigns. Signatures hereto delivered by facsimile transmission, emailed .pdf file or other similar forms of electronic transmission shall be deemed
original signatures, which hereby may be relied upon by all parties and shall be binding on the respective signor. 
 Section 11.
Loan Documents. This Amendment and the executed Guarantor Acknowledgement substantially in the form attached hereto as Exhibit A shall be deemed to be “Loan Documents” for all purposes under the Credit Agreement and the other Loan
Documents. 
 Section 12. Definitions. All capitalized terms not otherwise defined herein are used herein with the respective
definitions given them in the Credit Agreement, as amended by this Amendment. 
 [Signatures Commence on Next Page] 

  
 3 









 IN WITNESS WHEREOF, the parties hereto have caused this Seventh Amendment to Credit Agreement to
be executed as of the date first above written. 
  

					
	THE BORROWER:
	
	BROADSTONE NET LEASE, LLC
		
	By:	 	Broadstone Net Lease, Inc., Managing Member
		
	By:	 	 /s/ Ryan M. Albano

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer
	
	THE PARENT:
	
	BROADSTONE NET LEASE, INC.
		
	By:	 	 /s/ Ryan M. Albano

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer



  
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	THE ADMINISTRATIVE AGENT AND THE LENDERS:
	
	MANUFACTURERS AND TRADERS TRUST COMPANY, as Administrative Agent and as a Lender
		
	By:	 	 /s/ Ryan Grimme

		 	Name:	 	Ryan Grimme
		 	Title:	 	Assistant VP



  
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	REGIONS BANK, as a Lender
		
	By:	 	 /s/ C. Vincent Hughes, Jr.

		 	Name:	 	C. Vincent Hughes, Jr.
		 	Title:	 	Vice President



  
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	BANK OF MONTREAL, as a Lender
		
	By:	 	 /s/ Kevin Fennell

		 	Name:	 	Kevin Fennell
		 	Title:	 	Vice President



  
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	CITIZENS BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Donald W. Woods

		 	Name:	 	Donald W. Woods
		 	Title:	 	Senior Vice President



  
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	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Sean Armah

		 	Name:	 	Sean Armah
		 	Title:	 	Director



  
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	SUNTRUST BANK, as a Lender
		
	By:	 	 /s/ Ryan Almond

		 	Name:	 	Ryan Almond
		 	Title:	 	Group Vice President



  
 [Signature Page to
Seventh Amendment to Credit Agreement for Broadstone Net Lease, LLC] 









 EXHIBIT A 

FORM OF GUARANTOR ACKNOWLEDGEMENT 

THIS GUARANTOR ACKNOWLEDGEMENT dated as of May 25, 2017 (this “Acknowledgement”) executed by each of the undersigned (the
“Guarantors”) in favor of Manufacturers and Traders Trust Company, as Administrative Agent (the “Administrative Agent”) and each “Lender” a party to the Credit Agreement referred to below (the “Lenders”). 

WHEREAS, Broadstone Net Lease, LLC (the “Borrower”), Broadstone Net Lease, Inc. (the “Parent”), the Lenders, the
Administrative Agent and certain other parties have entered into that certain Credit Agreement dated as of October 2, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, each of the Guarantors is a party to that certain Guaranty dated as of October 2, 2012 (as amended, restated, supplemented or
otherwise modified from time to time, the “Guaranty”) pursuant to which they guarantied, among other things, the Borrower’s obligations under the Credit Agreement on the terms and conditions contained in the Guaranty; 

WHEREAS, the Borrower, the Parent, the Administrative Agent and certain of the Lenders are to enter into the Seventh Amendment to Credit
Agreement dated as of the date hereof (the “Seventh Amendment”), to amend the Credit Agreement on the terms and conditions contained therein; and 

WHEREAS, it is a condition precedent to the effectiveness of the Seventh Amendment that the Guarantors execute and deliver this
Acknowledgement. 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the
parties hereto, the parties hereto agree as follows: 
 Section 1. Reaffirmation. Each Guarantor hereby reaffirms its continuing
obligations to the Administrative Agent and the Lenders under the Guaranty and agrees that the transactions contemplated by the Seventh Amendment, shall not in any way affect the validity and enforceability of the Guaranty, or reduce, impair or
discharge the obligations of such Guarantor thereunder. 
 Section 2. Governing Law. THIS ACKNOWLEDGEMENT SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE. 

Section 3. Counterparts. This Acknowledgement may be executed in any number of counterparts, each of which shall be deemed to be
an original and shall be binding upon all parties, their successors and assigns. Signatures hereto delivered by facsimile transmission, emailed .pdf file or other similar forms of electronic transmission shall be deemed original signatures, which
hereby may be relied upon by all parties and shall be binding on the respective signor. 
 [Signatures on Next Page] 








 IN WITNESS WHEREOF, each Guarantor has duly executed and delivered this Guarantor Acknowledgement
as of the date and year first written above. 
  

			
	THE GUARANTORS:
	
	BROADSTONE NET LEASE, INC.
		
	By:	 	  

	Name:	 	Ryan M. Albano
	Title:	 	Executive Vice President and Chief Financial Officer



  
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	 BROADSTONE 2020EX TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE AI MICHIGAN, LLC,
 a New
York limited liability company

	 BROADSTONE AFD GEORGIA, LLC,
 a New
York limited liability company

	 BROADSTONE APLB MINNESOTA, LLC,
 a
New York limited liability company

	 BROADSTONE APLB SARASOTA, LLC,
 a
New York limited liability company

	 BROADSTONE APLB VIRGINIA, LLC,
 a
New York limited liability company

	 BROADSTONE ASDCW TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE BFW MINNESOTA, LLC,
 a
New York limited liability company

	 BROADSTONE BK EMPORIA, LLC,
 a New
York limited liability company

	 BROADSTONE BK VIRGINIA, LLC,
 a New
York limited liability company

	 BROADSTONE BNR ARIZONA, LLC,
 a New
York limited liability company

	 BROADSTONE CABLE, LLC,
 a New York
limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
			
		 	By:	 	  

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer



  
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 [Signature Page to Guarantor Acknowledgement for Seventh Amendment to Credit Agreement 

for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE EA OHIO, LLC,
 a New York
limited liability company

	 BROADSTONE EO BIRMINGHAM I, LLC,
 a
New York limited liability company

	 BROADSTONE EO BIRMINGHAM II, LLC,
 a
New York limited liability company

	 BROADSTONE EWD ILLINOIS, LLC,
 a New
York limited liability company

	 BROADSTONE FDT WISCONSIN, LLC,
 a
New York limited liability company

	 BROADSTONE FILTER, LLC,
 a New York
limited liability company

	 BROADSTONE FMFP TEXAS B2, LLC,
 a
New York limited liability company

	 BROADSTONE FMFP TEXAS B3, LLC,
 a
New York limited liability company

	 BROADSTONE GCSC FLORIDA, LLC,
 a New
York limited liability company

	 BROADSTONE KNG OKLAHOMA, LLC,
 a New
York limited liability company

	 BROADSTONE LGC NORTHEAST, LLC,
 a
New York limited liability company

	 BROADSTONE MCW WISCONSIN, LLC,
 a
New York limited liability company

	 BROADSTONE MD OKLAHOMA, LLC,
 a New
York limited liability company

	 BROADSTONE MED FLORIDA, LLC,
 a New
York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
			
		 	By:	 	  

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer



  
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for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE NDC FAYETTEVILLE, LLC,
 a
New York limited liability company

	 BROADSTONE NI NORTH CAROLINA, LLC,

a New York limited liability company

	 BROADSTONE PCSC TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE PY CINCINNATI, LLC,
 a
New York limited liability company

	 BROADSTONE RM MISSOURI, LLC,
 a New
York limited liability company

	 BROADSTONE ROLLER, LLC,
 a New York
limited liability company

	 BROADSTONE SOE RALEIGH, LLC,
 a New
York limited liability company

	 BROADSTONE SNC OK TX, LLC,
 a New
York limited liability company

	 BROADSTONE TA TENNESSEE, LLC,
 a New
York limited liability company

	 BROADSTONE TB JACKSONVILLE, LLC,
 a
New York limited liability company

	 BROADSTONE TB SOUTHEAST, LLC,
 a New
York limited liability company

	 BROADSTONE TB TN, LLC,
 a Delaware
limited liability company

	 BROADSTONE TR FLORIDA, LLC,
 a New
York limited liability company

	 BROADSTONE IELC TEXAS, LLC,
 a New
York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
			
		 	By:	 	  

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer



  
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for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE WI ALABAMA, LLC,
 a New
York limited liability company

	 BROADSTONE WI APPALACHIA, LLC,
 a
New York limited liability company

	 BROADSTONE WI EAST, LLC,
 a New York
limited liability company

	 GRC LI TX, LLC,
 a Delaware limited
liability company

	 TB TAMPA REAL ESTATE, LLC,
 a New
York limited liability company

	 BROADSTONE SC ILLINOIS, LLC,
 a New
York limited liability company

	 BROADSTONE SNI EAST, LLC,
 a New
York limited liability company

	 BROADSTONE RA CALIFORNIA, LLC,
 a
New York limited liability company

	 BROADSTONE PC MICHIGAN, LLC,
 a New
York limited liability company

	 BROADSTONE DHCP VA AL, LLC,
 a New
York limited liability company

	 BROADSTONE GC KENTUCKY, LLC,
 a New
York limited liability company

	 BROADSTONE WI GREAT PLAINS, LLC,
 a
New York limited liability company

	 BROADSTONE SNI GREENWICH, LLC,
 a
New York limited liability company

	 BROADSTONE BW TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE SF MINNESOTA, LLC,
 a New
York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
			
		 	By:	 	  

		 	Name:	 	Ryan M. Albano
		 	Title:	 	Executive Vice President and Chief Financial Officer



  
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for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE BEC TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE OP OHIO, LLC,
 a New York
limited liability company

	 BROADSTONE IS HOUSTON, LLC,
 a New
York limited liability company

	 BROADSTONE SPS UTAH, LLC,
 a New
York limited liability company

	 BROADSTONE NSC TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE HLC MIDWEST, LLC,
 a New
York limited liability company

	 BROADSTONE PP ARKANSAS, LLC,
 a New
York limited liability company

	 BROADSTONE BT SOUTH, LLC,
 a New
York limited liability company

	 BROADSTONE MHH MICHIGAN, LLC,
 a New
York limited liability company

	 BROADSTONE PEARL, LLC,
 a New York
limited liability company

	 BROADSTONE APLB SC, LLC,
 a New York
limited liability company

	 BROADSTONE APLB UTAH, LLC,
 a New
York limited liability company

	 BROADSTONE BFC MARYLAND, LLC,
 a New
York limited liability company

	 BROADSTONE AC WISCONSIN, LLC,
 a New
York limited liability company

	 BROADSTONE STI MINNESOTA, LLC,
 a
New York limited liability company

	 BROADSTONE APM FLORIDA, LLC,
 a New
York limited liability company

	 BROADSTONE MFEC FLORIDA, LLC,
 a New
York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
		
	By:	 	  

		 	 Name:
	 	Ryan M. Albano
		 	 Title:
	 	 Executive Vice President and
 Chief Financial
Officer




  
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for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE TB NORTHWEST, LLC,
 a New
York limited liability company

	 NWR REALTY LLC,
 a Washington
limited liability company

	 BROADSTONE CI WEST, LLC,
 a New York
limited liability company

	 BROADSTONE CC PORTFOLIO, LLC,
 a New
York limited liability company

	 BROADSTONE BEF PORTFOLIO, LLC,
 a
New York limited liability company

	 BROADSTONE BW ARKANSAS, LLC,
 a New
York limited liability company

	 BROADSTONE BW WINGS SOUTH, LLC,
 a
New York limited liability company

	 BROADSTONE FHS TEXAS, LLC,
 a New
York limited liability company

	 BROADSTONE JFR PORTFOLIO, LLC,
 a
New York limited liability company

	 BROADSTONE KINSTON, LLC,
 a New York
limited liability company

	 BROADSTONE ASH ARKANSAS, LLC,
 a New
York limited liability company

	 BROADSTONE APLB WISCONSIN, LLC,
 a
New York limited liability company

	 BROADSTONE RL PORTFOLIO, LLC,
 a New
York limited liability company

	 BROADSTONE BW APPALACHIA, LLC,
 a
New York limited liability company

	 BROADSTONE FC PORTAGE, LLC,
 a New
York limited liability company

	 BROADSTONE MV PORTFOLIO, LLC,
 a New
York limited liability company

	 BROADSTONE NIC PENNSYLVANIA, LLC,
 a
New York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
		
	By:	 	  

	Name:	 	 Ryan M. Albano 

	Title:	 	 Executive Vice President and
 Chief
Financial Officer 




  
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 [Signature Page to Guarantor Acknowledgement for Seventh Amendment to Credit Agreement 

for Broadstone Net Lease LLC] 









 
					
	 BROADSTONE PEARL VIRGINIA, LLC
 a
New York limited liability company

	 BROADSTONE RCS TEXAS, LLC
 a New
York limited liability company

	 BROADSTONE RTC PORTFOLIO, LLC
 a New
York limited liability company

	 BROADSTONE SSH CALIFORNIA, LLC
 a
New York limited liability company

	 BROADSTONE TB OZARKS, LLC
 a New
York limited liability company

	 BROADSTONE FP, LLC
 a New York
limited liability company

	 BROADSTONE BB PORTFOLIO, LLC
 a New
York limited liability company

	 BROADSTONE CHR ILLINOIS, LLC
 a New
York limited liability company

	 BROADSTONE RENAL TENNESSEE, LLC
 a
New York limited liability company

	 BROADSTONE PEARL FL TX, LLC
 a New
York limited liability company

	 BROADSTONE STS CALIFORNIA, LLC
 a
New York limited liability company

	 BROADSTONE TS PORTFOLIO, LLC
 a New
York limited liability company

	 BROADSTONE CC AUSTIN, LLC,
 a New
York limited liability company

	 BROADSTONE FIT FLORIDA, LLC,
 a New
York limited liability company

	 BROADSTONE LW PA, LLC,
 a New York
limited liability company

	 BROADSTONE NF MINNESOTA, LLC,
 a New
York limited liability company

	 BROADSTONE AVF MICHIGAN, LLC,
 a New
York limited liability company

	 BROADSTONE SC ELGIN, LLC,
 a New
York limited liability company

		
	By:	 	Broadstone Net Lease, LLC,
		 	a New York limited liability company,
		 	its sole member
			
		 	By:	 	Broadstone Net Lease, Inc.
		 		 	a Maryland corporation,
		 		 	its managing member
		
	By:	 	  

	Name:	 	 Ryan M. Albano 

	Title:	 	 Executive Vice President and
 Chief
Financial Officer




  
 [Signature Page to
Guarantor Acknowledgement for Seventh Amendment to Credit Agreement 
 for Broadstone Net Lease LLC]