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Exhibit 4.2  

WILLIS LEASE FINANCE CORPORATION  

 
 

CERTIFICATE OF DESIGNATIONS, PREFERENCES,
  AND RELATIVE RIGHTS AND LIMITATIONS
  OF
  SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK    
    

        Willis Lease Finance Corporation (the "Company"), a corporation organized and existing under the Delaware General
Corporation Law (the "Act"), hereby certifies that the following resolution was duly adopted by the Company's Board of Directors as of
September 27, 2005 pursuant to Section 151(g) of the Act and this Certificate of Designations, in its final form, was approved by a special Preferred Stock Transaction Committee of the
Board of Directors on January    , 2006: 

        RESOLVED, that, pursuant to the authority conferred upon the Board of Directors by the Company's Certificate of Incorporation, as amended
(the "Certificate of Incorporation") and Section 151(g) of the Act, the Board of Directors of the Company hereby establishes and authorizes the
issuance of up to 4,600,000 shares of the Company's [    ]% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share, and hereby fixes the
designation and amount thereof and the voting rights, preferences and relative, participating, optional and other special rights of the shares of this Series, and the qualifications, limitations and
restrictions thereof, in addition to those set forth in the Certificate of Incorporation as applicable to such shares, as follows: 

        1.    Designation.    The distinctive serial designation of this series shall be the "Series A Cumulative
Redeemable Preferred Stock" (the "Series A Preferred Stock"). 

        2.    Number of Shares.    The total number of shares of Series A Preferred Stock shall be 4,600,000. The
number of shares of Series A Preferred Stock may from time to time be increased or decreased (but not below the number then outstanding) by the Board of Directors. 

        3.    Dividends.    

        (a)   The
holders of shares of Series A Preferred Stock shall be entitled to receive, when, as and if declared by the Company's Board of Directors, out of funds of the
Company legally available therefor, cash dividends at the rate of [    ]% per annum of the $10.00 per share liquidation preference of the Series A Preferred
Stock. Such dividends shall accrue and be cumulative from the date of the original issue (each an "Original Issue Date") and shall be payable monthly on
the 15th day of each month (each, a "Dividend Payment Date"), and, in the case of any accrued but unpaid dividends, at such additional times, if any, as
determined by the Company's Board of Directors. The first Dividend Payment Date shall be more than 30 days after the first Original Issue Date and will occur
on                        15, 2006. If a
Dividend Payment Date is not a Business Day (as defined herein), then the dividend that would otherwise have been payable on such Dividend Payment Date may be paid on the next succeeding Business Day
with the same force and effect as if paid on the Dividend Payment Date, and no interest or additional dividends or other sums shall accrue on the amount so payable from the Dividend Payment Date to
such next succeeding Business Day. A "Business Day" shall mean any day, other than a Saturday or a Sunday, that is neither a legal holiday nor a day on
which banking institutions in New York, New York or San Francisco, California are authorized or required by law, regulation or executive order to close. The amount of any dividend payable on the
Series A Preferred Stock for any full Dividend Period (as defined herein) or any partial Dividend Period shall be prorated and computed on the basis of a 360-day year consisting of
twelve 30-day months (it being understood that the dividend payable on                        15, 2006 will be for more than a
full dividend period and will reflect dividends accumulated from the
Original Issue Date through, and including                        15, 2006). A "Dividend
Period" shall mean the period from the Original Issue Date to and
including the first Dividend Payment Date, and each subsequent period from and excluding 

 

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Dividend Payment Date to and including the next succeeding Dividend Payment Date or other date as of which accrued dividends are to be calculated. Dividends will be payable to holders of record as
they appear in the stockholder records of the Company at the close of business on the applicable record date, which shall be the date designated by the Company's Board of Directors as the record date
for the payment of dividends that is not more than 30 nor less than 10 days prior to the applicable Dividend Payment Date (each a "Dividend Record
Date"). 

        (b)   Dividends
on the Series A Preferred Stock shall be cumulative and shall accrue whether or not (i) the Company has earnings, (ii) there are funds
legally available for the payment of such dividends or (iii) such dividends are declared by the Company's Board of Directors. Any dividend payment made on
the Series A Preferred Stock shall first be credited against the earliest accrued but unpaid dividends due with respect to such Series A Preferred Stock that remains payable. No interest
or sum of money in lieu of interest shall be payable in respect of any dividend payment or payments on the Series A Preferred Stock that may be cumulated and in arrears. 

        (c)   No
dividends on the Series A Preferred Stock shall be declared by the Company's Board of Directors or paid or set apart for payment by the Company at such time as
the terms and provisions of any agreement of the Company, including any agreement relating to its indebtedness and any related waiver or amendment thereto, prohibits such declaration, payment or
setting apart for payment or provides that such declaration, payment or setting apart for payment would constitute a breach thereof or a default thereunder, or if such declaration or payment is
restricted or prohibited by law. 

        (d)   Except
as provided in Section 3(e) below, unless full cumulative dividends on the Series A Preferred Stock for all prior Dividend Periods and the then
current Dividend Period shall have been or are (i) declared and paid in cash or (ii) declared and a sum sufficient for the payment thereof in cash is set apart by the Company for such
payment, no dividends shall be declared by the Company's Board of Directors or paid or set apart for payment by the Company, and no other distribution of cash or other property may be declared or
made, directly or indirectly, on or with respect to any shares of the Company's common stock (the "Common Stock") or shares of any other class or series
of the Company's capital stock ranking, as to dividends, on a parity with or junior to the Series A Preferred Stock (other than a dividend paid in shares of Common Stock or in shares of any
other class or series of the Company's capital stock ranking junior to the Series A Preferred Stock as to (i) dividends and (ii) upon liquidation) for any period, nor shall any
shares of Common Stock, or any other shares of the Company's capital stock ranking, as to dividends or upon liquidation, on a parity with, or junior to, the Series A Preferred Stock, be
redeemed, purchased or otherwise acquired for any consideration (or any funds be paid to or made available for a sinking fund for the redemption or retirement, purchase or reduction of any such
shares) by the Company (except by conversion into or exchange for other shares of capital stock of the Company ranking junior to the Series A Preferred Stock as to dividends and upon
liquidation). 

        (e)   When
dividends are not paid in full (or a sum sufficient for such full payment is not set apart by the Company) upon the Series A Preferred Stock and any other
series of preferred stock issued by the Company ranking on a parity as to dividends with the Series A Preferred Stock, all dividends declared upon the Series A Preferred Stock and any
such other series of preferred stock issued by the Company ranking on a parity as to dividends with the Series A Preferred Stock shall be declared pro
rata so that the amount of dividends declared per share of Series A Preferred Stock and such other series of preferred stock shall in all cases bear to each other the
same ratio that accrued dividends per share on the Series A Preferred Stock and such other series of preferred stock (which shall not include any accrual in respect of unpaid dividends on such
other series of preferred stock for prior dividend periods if such other series of preferred stock does not have a cumulative dividend) bear to each other. 

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        (f)    All
dividends paid with respect to shares of the Series A Preferred Stock shall be paid pro rata to the holders of
such shares entitled thereto. Holders of shares of Series A Preferred Stock shall not be entitled to any dividend, whether payable in cash, property or shares of any class of capital stock
(including the Series A Preferred Stock), in excess of the full cumulative dividends on the Series A Preferred Stock as provided herein. 

        4.    Liquidation Preference.    

        (a)   Upon
any voluntary or involuntary liquidation, dissolution or winding-up of the affairs of the Company (a
"Liquidation"), the holders of shares of Series A Preferred Stock shall be entitled to be paid out of the assets of the Company legally available
for distribution to its stockholders a liquidation preference of $10.00 per share, plus an amount equal to any accrued but unpaid dividends through and including the date of payment to the holders of
shares of the Series A Preferred Stock (whether or not such dividends have been declared by the Company's Board of Directors), before any distribution or payment shall be made to holders of
shares of Common Stock or any other class or series of capital stock of the Company ranking junior to the Series A Preferred Stock as to liquidation rights. In the event that, upon such
Liquidation, the available assets of the Company are insufficient to pay the amount of the liquidating distributions on all outstanding shares of Series A Preferred Stock and the corresponding
amounts payable on all shares of other classes or series of the Company's capital stock ranking on a parity with the Series A Preferred Stock in liquidation preference, then the holders of the
Series A Preferred Stock and all other such classes or series of capital stock ranking on a parity with the Series A Preferred Stock shall share ratably in any such distribution of
assets in proportion to the full liquidating distributions to which they would otherwise be respectively entitled. 

        (b)   Written
notice of any Liquidation, stating the payment date or dates and the place or places on and at which the amounts distributable as a result thereof shall be
payable, shall be given by first class mail, postage paid, not less than 30 nor more than 60 days prior to the first payment date stated therein, to each record holder of shares of
Series A Preferred Stock at the respective addresses of such holders as they appear on the stock transfer records of the Company. 

        (c)   After
payment to the holders of the Series A Preferred Stock of the full liquidation amounts provided in this Section 4, the holders of the Series A
Preferred Stock, as such, will have no right or claim to any of the remaining assets of the Company. 

        (d)   Neither
the sale, lease, transfer or conveyance of all or substantially all of the assets or business of the Company, nor the merger or consolidation of the Company with
or into any other entity or the merger or consolidation of any other entity with or into the Company nor a statutory stock exchange by the Company if then permitted by the Act, shall be deemed to be a
Liquidation for the purposes of this Section 4. 

        5.    Redemption.    

        (a)    Optional Redemption.    Shares of Series A Preferred Stock shall not be redeemable by the Company prior
to [                        ], 2011. On and after such date, the Company may, at its option, redeem on any Dividend Payment Date
all or, from time to time, part of the Series A
Preferred Stock at a price per share (the "Redemption Price"), payable in cash, of $10.00 per share, together with all accumulated but unpaid dividends,
if any, to (but excluding) the date fixed for redemption (the "Redemption Date"), without interest, to the extent the Company has funds legally
available therefor. The Series A Preferred Stock has no stated maturity and will not be subject to any sinking fund or mandatory redemption provisions. Nothing in this Section 5 (except
for the last sentence of this Section 5(a) and Section 5(b)(iv)) shall prevent or restrict the Company from purchasing, from time to time before or after
[                        ], 2011, either at a public or private sale, all or part of the 

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shares
of Series A Preferred Stock at such price or prices as the Company may determine, subject to the provisions of applicable law. Notwithstanding the foregoing, no partial redemption shall
be permitted where less than 20% of the original number of shares of Series A Preferred Stock issued (including pursuant to any future issuance) would remain outstanding after the redemption. 

        (b)    Procedures for Redemption.    

          (i)  Written
notice of redemption shall be mailed by the Company, postage paid, not less than 30 nor more than 60 days prior to the Redemption Date, to each record
holder of shares of Series A Preferred Stock at the respective addresses of such holders as they appear on the Company's stock transfer records. No failure to provide such notice or any defect
therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any shares of Series A Preferred Stock except as to the holder to whom the Company has
failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange or automated quotation system
upon which the Series A Preferred Stock may be listed or admitted for quotation and trading, such notice shall state: (a) the Redemption Date; (b) the Redemption Price;
(c) the number of shares of Series A Preferred Stock to be redeemed; (d) the place or places at which certificates for such shares of Series A Preferred Stock to be
redeemed are to be surrendered for payment of the Redemption Price; and (e) that dividends on the shares of Series A Preferred Stock to be redeemed will cease to accumulate on the
Redemption Date. 

         (ii)  If
notice has been mailed in accordance with Section 5(b)(i) above and provided further that on or before the Redemption Date specified in such notice all
funds necessary for such redemption shall have been irrevocably set aside by the Company, separate and apart from its other funds, in trust with an independent bank or trust company that is, or whose
parent or other affiliate is, a member of the FDIC having capital and surplus of not less than $500,000,000 (an "Eligible Trustee"), for the pro rata
benefit of the holders of the shares of the Series A Preferred Stock so called for redemption, so as to be, and to continue to be available therefore, then from and after the Redemption Date
(unless the Company defaults in the payment of the Redemption Price), dividends on the shares of Series A Preferred Stock so called for redemption shall cease to accumulate, and said shares
shall no longer be deemed to be outstanding and shall not have the status of the Series A Preferred Stock and all rights of
the holders thereof, as such, (except the right to receive the Redemption Price) shall cease. Upon surrender, in accordance with such notice, of the certificates for any shares of Series A
Preferred Stock so redeemed (properly endorsed or assigned for transfer, if the Company shall so require and the notice shall so state), such shares of Series A Preferred Stock shall be
redeemed by the Company at the Redemption Price. In case fewer than all of the shares of Series A Preferred Stock represented by any such certificate are redeemed, a new certificate or
certificates shall be issued representing the unredeemed shares of Series A Preferred Stock without cost to the holder(s) thereof. 

        (iii)  At
its election, the Company, prior to a Redemption Date, may deposit the Redemption Price of the Series A Preferred Stock so called for redemption, in trust
for the holders thereof with an Eligible Trustee. Any funds so deposited with an Eligible Trustee in connection with a redemption shall be irrevocably set aside by the Company except that:
(A) the Company shall be entitled to receive from such Eligible Trustee the interest or other earnings, if any, earned on any funds so deposited in trust, and the holders of any shares of
Series A Preferred Stock redeemed shall have no claim to such interest or other earnings; and (B) subject to applicable laws, any balance of funds so deposited by the Company and
unclaimed by the holders of the shares of Series A Preferred Stock entitled thereto at the expiration of two years from the applicable Redemption Date shall be repaid to the Company, 

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together
with any interest or other earnings earned thereon, and after such repayment, the holders of the shares of Series A Preferred Stock entitled to the funds so repaid shall look only to
the Company for payment, which shall be without interest or other earnings. 

        (iv)  Unless
full cumulative dividends on all shares of Series A Preferred Stock have been or contemporaneously are declared and paid in cash or declared and a sum
sufficient for the payment thereof in cash set apart for payment for all prior Dividend Periods and the then current Dividend Period, no Series A Preferred Stock shall be redeemed unless all
outstanding shares of Series A Preferred Stock are simultaneously redeemed and the Company shall not purchase or otherwise acquire, directly or indirectly, any shares of Series A
Preferred Stock; provided, however, subject to the last sentence of Section 5(a), the foregoing restrictions on redemptions and purchases shall
not prevent the acquisition of Series A Preferred Stock by the Company pursuant to an exchange offer made on the same terms to holders of all of the outstanding shares of Series A
Preferred Stock for shares of Company capital stock ranking on a parity with or junior to the Series A Preferred Stock. 

         (v)  If
fewer than all of the shares of Series A Preferred Stock outstanding are to be redeemed pursuant to this Section 5, the Company shall call for
redemption shares of Preferred Stock pro rata among the holders, based on the number of shares of Preferred Stock held by each holder (with any
necessary adjustments to avoid fractional shares), or by any other equitable method that the Company may determine to use. If fewer than all the shares of Series A Preferred Stock represented
by any share certificate are to be so redeemed, the Company shall issue a new certificate for the shares not redeemed. 

        (vi)  All
shares of the Series A Preferred Stock redeemed or repurchased pursuant to this Section 5 shall be retired and shall be restored to the status of
authorized but unissued shares of Series A Preferred Stock. 

        6.    Voting Rights.    

        (a)   Holders
of the Series A Preferred Stock shall not have any voting rights, except as provided by applicable law and as set forth in this Section 6. 

        (b)   Whenever
dividends on any shares of Series A Preferred Stock shall be in arrears for an aggregate of 18 or more Dividend Periods (consecutive or
non-consecutive) and remain unpaid (a "Preferred Dividend Default"), the holders of such Series A Preferred Stock (voting separately
as a class with all other series of preferred stock of the Company upon which like voting rights have been conferred or are exercisable) shall be entitled to vote for the election of a total of two
additional directors of the Company (the "Preferred Directors") at a special meeting called by the holders of record of at least ten percent (10%) of
the Series A Preferred Stock (unless such request is received less than 90 days before the date fixed for the next annual or special meeting of the Company's stockholders) and otherwise
at the next annual meeting of stockholders, and at each subsequent annual meeting of stockholders until all dividends accumulated on such Series A Preferred Stock for the prior Dividend Periods
and the then current Dividend Period shall have been fully paid or declared and a sum sufficient for the payment thereof set aside for payment. In such case, the entire Board of Directors of the
Company will be increased by two directors. So long as a Preferred Dividend Default shall continue, any vacancy in the office of a Preferred Director may be filled by written consent of the Preferred
Director remaining in office, or if none remains in office, by a vote of the holders of record of a majority of the outstanding Series A Preferred Stock when they have the voting rights
described above (voting separately as a class with all other series of preferred stock of the Company upon which like voting rights have been conferred or are exercisable). 

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        (c)   If
and when all accumulated dividends and the dividends for the then current Dividend Period on the Series A Preferred Stock shall have been paid in full or a sum
sufficient has been authorized and set aside and deposited in trust with an Eligible Trustee for payment in full of all accrued and unpaid dividends, the holders of shares of Series A Preferred
Stock shall be divested of the voting rights set forth in clause (b) above (subject to revesting in the event of each and every future Preferred Dividend Default) and, if all accumulated
dividends and the dividends for the current Dividend Period have been paid in full, the term of office of each Preferred Director so elected shall terminate and the size of the Board of Directors
shall be immediately decreased by two directors. Any Preferred Director may be removed at any time, with or without cause, by the vote of, the holders of a majority of the outstanding Series A
Preferred Stock when they have the voting rights set forth in clause (b) above. 

        (d)   So
long as any shares of Series A Preferred Stock remain outstanding, the Company shall not, without the affirmative vote or consent of the holders of at least
two-thirds of the shares of Series A Preferred Stock outstanding at the time, given in person or by proxy, either in writing or at a meeting (such series voting separately as a
class), (i) authorize or create, or increase the authorized or issued amount of, any class or series of shares of capital stock ranking senior to the Series A Preferred Stock with
respect to payment of dividends or the distribution of assets upon liquidation, dissolution or winding-up of the Company or reclassify any authorized shares of capital stock of the Company
into such capital stock, or create, authorize or issue any obligation or security convertible into or evidencing the right to purchase any such shares of capital stock ranking senior in priority to
the Series A Preferred Stock; or (ii) amend, alter or repeal the provisions of the Certificate of Incorporation or this Certificate of Designations, whether by merger, consolidation,
transfer or conveyance of substantially all of its assets, or otherwise (each such event specified in clauses (i) and (ii), an "Event"), so as to
materially and adversely affect any right, preference, privilege or voting power of the Series A Preferred Stock or the holders thereof; provided,
however, with respect to the occurrence of any of the Events set forth in clause (ii) of this Section 6(d) above, so long as any shares of the Series A
Preferred Stock remain outstanding or are converted into securities of the surviving entity, in each case with terms, including rights, preferences, privileges and voting or other powers that are
substantially similar in all material respects to the shares of the Series A Preferred Stock, taking into account that, upon the occurrence of an Event, the Company may not be the surviving
entity, the occurrence of such Event shall not be deemed to materially and adversely affect such rights, preferences, privileges or voting or other powers of holders of Series A Preferred
Stock, and provided further that (A) the creation or issuance of any other class or series of capital stock of the Company or (B) any
increase in the number of authorized shares of Series A Preferred Stock or any other class or series of capital stock of the Company, in each case ranking on a parity with or junior to the
Series A Preferred Stock with respect to the payment of dividends or the distribution of assets upon liquidation, dissolution or winding-up of the affairs of the Company, shall not
be deemed to materially and adversely affect such rights, preferences, privileges or voting powers and the holders of Series A Preferred Stock shall have no right to vote on any such increase,
creation or issuance. 

        (e)   The
foregoing voting provisions of this Section 6 shall not apply if, at or prior to the time when the act with respect to which such vote would otherwise be
required shall be effected, all outstanding shares of Series A Preferred Stock shall have been redeemed or called for redemption upon proper notice and sufficient funds, in cash, shall have
been deposited in trust to effect such redemption. 

        (f)    On
each matter submitted to a vote of the holders of the Series A Preferred Stock in accordance with this Section 6, or as otherwise required by law, each
share of Series A Preferred Stock shall be entitled to one vote, except that when any other series of preferred stock of the Company shall have the right to vote with the Series A
Preferred Stock as a single class on any 

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matter,
the Series A Preferred Stock and such other series shall have with respect to such matters, one vote per each $10.00 of stated liquidation preference. With respect to each share of
Series A Preferred Stock, the holder thereof may designate a proxy, with each such proxy having the right to vote on behalf of the holder. 

        7.    Conversion.    The shares of Series A Preferred Stock shall not be convertible into or exchangeable for
any other property or securities of the Company. 

        8.    Ranking.    In respect of rights to the payment of dividends and the distribution of assets in the event of any
liquidation, dissolution or winding-up of the Company, the Series A Preferred Stock shall rank senior to the Company's Common Stock and to any other class or series of Company
preferred stock other than any class or series of preferred stock, the terms of which specifically provide that such class or series of capital stock ranks on a parity with or, subject to the
affirmative vote required by Section 6 above, senior to the Series A Preferred Stock as to the payment of dividends and the distribution of assets in the event of any liquidation,
dissolution or winding-up of the Company. For purposes of this Section 8, debt securities of the Company that are convertible into or exchangeable for shares of capital stock of the
Company or any other debt securities of the Company shall not constitute a class or series of capital stock of the Company. 

        9.    Headings.    The headings hereof are for convenience of reference only and shall not affect the interpretation
of any of the provisions hereof. 

        10.    Severability of Provisions.    If any preferences or other rights, voting powers, restrictions, limitations as
to dividends or other distributions, qualifications or terms or conditions of redemption of the Series A Preferred Stock set forth in the Certificate of Incorporation or this Certificate of
Designations are invalid, unlawful or incapable of being enforced by reason of any rule of law or public policy, all other preferences or other rights, voting powers, restrictions, limitations as to
dividends and other distributions, qualifications or terms or conditions of redemption of the Series A Preferred Stock set forth in the Certificate of Incorporation and this Certificate of
Designations that can be given effect without giving effect to the invalid, unlawful or unenforceable provision shall, nevertheless, remain in full force and effect and no preferences or other rights,
voting powers, restrictions, limitations as to dividends or other distributions, qualifications or terms or conditions of redemption of the Series A Preferred Stock herein or therein set forth
shall be deemed dependent upon any other provision hereof or thereof unless so expressed herein or therein. 

        11.    No Preemptive Rights.    No holder of Series A Preferred Stock shall be entitled to any preemptive
rights to subscribe for or acquire any unissued shares of Company capital stock (whether now or hereafter authorized) or securities of the Company convertible into or carrying a right to subscribe to
or acquire shares of Company capital stock. 

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        IN
WITNESS WHEREOF, Willis Lease Finance Corporation has authorized and caused this Certificate to be executed by its Chief Executive Officer and attested to by its Secretary, as of this
     day of January, 2006. 

	 	 	WILLIS LEASE FINANCE CORPORATION
	

 	
 	
By:	

 Charles F. Willis, IV

Chief Executive Officer

Attest:

	

By:	

 Thomas C. Nord

Secretary	

 

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CERTIFICATE OF DESIGNATIONS, PREFERENCES, AND RELATIVE RIGHTS AND LIMITATIONS OF SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCKExhibit 4.1.2

 

SUPPLEMENTAL INDENTURE

 

SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated
as of December 21, 2005, by and among Ventas Finance I, Inc., a
Delaware corporation, Ventas Finance I, LLC, a Delaware limited liability
company, Ventas Specialty I, Inc., a Delaware corporation, and Ventas
Specialty I, LLC, a Delaware limited liability company (each, a “Guaranteeing Subsidiary” and collectively, the “Guaranteeing Subsidiaries”), Ventas Realty, Limited
Partnership, a Delaware limited partnership, and Ventas Capital Corporation, a
Delaware corporation (collectively, the “Issuers”), the
other Guarantors (as defined in the Indenture referred to herein) and U.S. Bank
National Association, as trustee under the Indenture referred to herein (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the
Issuers have heretofore executed and delivered to the Trustee an Indenture
dated as of December 9, 2005 (the “Indenture”),
providing for the issuance of 61⁄2% Senior Notes due 2016 (the “Notes”);

 

WHEREAS, the
Indenture provides that under certain circumstances each Guaranteeing
Subsidiary shall execute and deliver to the Trustee a supplemental indenture
pursuant to which such Guaranteeing Subsidiary shall unconditionally guarantee
all of the Issuers’ Obligations (as defined in the Indenture) under the Notes
and the Indenture on the terms and conditions set forth herein (a “Note Guarantee”); and

 

 WHEREAS,
pursuant to Section 9.01 of the Indenture, the Trustee is authorized to
execute and deliver this Supplemental Indenture.

 

 NOW
THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, each Guaranteeing
Subsidiary and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders of the Notes as follows:

 

1.             CAPITALIZED TERMS.  Capitalized terms used herein without
definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT TO GUARANTEE.  Each Guaranteeing Subsidiary hereby agrees as
follows:

 

(a)           Subject
to Article 10 of the Indenture, such Guaranteeing Subsidiary
hereby, jointly and severally with all other Guarantors, unconditionally
guarantees to each Holder of a Note authenticated and delivered by the Trustee
and to the Trustee and its successors and assigns, irrespective of the validity
and enforceability of the Indenture, the Notes or the obligations of the
Issuers thereunder, that:

 

(i)               the
principal of, and premium and Additional Interest, if any, and interest on the
Notes will be promptly paid in full when due, whether at maturity, by
acceleration, redemption or otherwise, and interest on the overdue principal of
and interest on the Notes, if any, if lawful, and all other obligations of the
Issuers to

 

 

the Holders or the Trustee hereunder
or thereunder will be promptly paid in full or performed, all in accordance
with the terms hereof and thereof; and

 

(ii)              in
case of any extension of time of payment or renewal of any Notes or any of such
other obligations, that same will be promptly paid in full when due or
performed in accordance with the terms of the extension or renewal, whether at
stated maturity, by acceleration or otherwise.

 

Failing payment when due of any amount so
guaranteed or any performance so guaranteed for whatever reason, the Guarantors
shall be jointly and severally obligated to pay the same immediately.

 

(b)          The
obligations hereunder shall be unconditional, irrespective of the validity,
regularity or enforceability of the Notes or the Indenture, the absence of any action
to enforce the same, any waiver or consent by any Holder of the Notes with
respect to any provisions hereof or thereof, the recovery of any judgment
against the Issuers, any action to enforce the same or any other circumstance
which might otherwise constitute a legal or equitable discharge or defense of a
Guarantor, other than payment in full of all obligations under the Notes.

 

(c)           The
following is hereby waived: diligence, presentment, demand of payment, filing
of claims with a court in the event of insolvency or bankruptcy of the Issuers,
any right to require a proceeding first against the Issuers, protest, notice
and all demands whatsoever.

 

(d)          This
Note Guarantee shall not be discharged except by complete performance of the
obligations contained in the Notes and the Indenture, and such Guaranteeing
Subsidiary hereby accepts all obligations of a Guarantor under the Indenture.

 

(e)           If
any Holder or the Trustee is required by any court or otherwise to return to
the Issuers, the Guarantors or any custodian, trustee, liquidator or other
similar official acting in relation to either the Issuers or the Guarantors,
any amount paid by either to the Trustee or such Holder, this Note Guarantee,
to the extent theretofore discharged, shall be reinstated in full force and
effect.

 

(f)           Such
Guaranteeing Subsidiary shall not be entitled to any right of subrogation in
relation to the Holders in respect of any obligations guaranteed hereby until
payment in full of all obligations guaranteed hereby.

 

(g)          As
between the Guarantors, on the one hand, and the Holders and the Trustee, on
the other hand, (1) the maturity of the obligations guaranteed hereby may
be accelerated as provided in Article 6 of the Indenture for the
purposes of this Note Guarantee, notwithstanding any stay, injunction or other
prohibition preventing such acceleration in respect of the obligations
guaranteed hereby, and (2) in the event of any declaration of acceleration
of such obligations as provided in Article 6 of the Indenture,

 

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such obligations (whether or
not due and payable) shall forthwith become due and payable by the Guarantors
for the purpose of this Note Guarantee.

 

(h)          The
Guarantors shall have the right to seek contribution from any non-paying
Guarantor so long as the exercise of such right does not impair the rights of
the Holders under the Note Guarantees.

 

(i)            In
accordance with Section 10.02 of the Indenture, after giving effect
to any maximum amount and all other contingent and fixed liabilities that are
relevant under any applicable Bankruptcy Law or fraudulent conveyance law, and
after giving effect to any collections from, rights to receive contribution
from or payments made by or on behalf of any other Guarantor in respect of the
obligations of such other Guarantor under Article 10 of the
Indenture, this Note Guarantee shall be limited to the maximum amount
permissible such that the obligations of such Guaranteeing Subsidiary under
this Note Guarantee will not constitute a fraudulent transfer or conveyance.

 

3.             EXECUTION AND DELIVERY.  Each Guaranteeing Subsidiary agrees that this
Note Guarantee shall remain in full force and effect notwithstanding any
failure to endorse on each Note a notation of such Note Guarantee.

 

4.                                           GUARANTEEING
SUBSIDIARIES MAY CONSOLIDATE, ETC. ON CERTAIN TERMS.

 

(a)           No
Guaranteeing Subsidiary may sell or otherwise dispose of all or substantially
all of its assets to, or consolidate with or merge with or into (whether or not
such Guaranteeing Subsidiary is the surviving Person) another Person, other
than the Issuers or another Guarantor unless:

 

(i)           immediately
after giving effect to that transaction, no Default or Event of Default exists;
and

 

(ii)          subject
to Section 10.05 of the Indenture, the Person acquiring the
property in any such sale or disposition or the Person formed by or surviving
any such consolidation or merger assumes all of the obligations of that
Guaranteeing Subsidiary under the Indenture, this Note Guarantee and the
Registration Rights Agreement pursuant to a supplemental indenture in form and
substance reasonably satisfactory to the Trustee.

 

(b)          In
case of any such consolidation, merger, sale or conveyance and upon the
assumption by the successor Person, by supplemental indenture, executed and
delivered to the Trustee and satisfactory in form to the Trustee, of this Note
Guarantee endorsed upon the Notes and the due and punctual performance of all
of the covenants and conditions of the Indenture to be performed by the
Guaranteeing Subsidiary, such successor Person shall succeed to and be
substituted for the Guaranteeing Subsidiary with the same effect as if it had
been named herein as a Guaranteeing Subsidiary. 
Such successor Person thereupon may cause to be signed any or all of the
Note Guarantees to be endorsed upon all of the Notes issuable under the
Indenture which theretofore shall

 

3

 

not have been signed by the
Issuers and delivered to the Trustee. 
All the Note Guarantees so issued shall in all respects have the same
legal rank and benefit under the Indenture as the Note Guarantees theretofore
and thereafter issued in accordance with the terms of the Indenture as though
all of such Note Guarantees had been issued at the date of the execution
hereof.

 

(c)           Except
as set forth in Articles 4 and 5 and Section 10.04 of
the Indenture, and notwithstanding clauses (a) and (b) above, nothing
contained in the Indenture or in any of the Notes shall prevent any
consolidation or merger of a Guaranteeing Subsidiary with or into the Issuers
or another Guarantor, or shall prevent any sale or conveyance of the property
of a Guaranteeing Subsidiary as an entirety or substantially as an entirety to
the Issuers or another Guarantor.

 

5.             RELEASES.

 

(a)           The
Note Guarantee of a Guaranteeing Subsidiary shall be released, and any Person
acquiring assets (including by way of merger or consolidation) or Capital Stock
of a Guaranteeing Subsidiary under those circumstances specified in the
Indenture shall not be required to assume the obligations of such Guaranteeing
Subsidiary, in each case in accordance with the provisions of Section 10.05
of the Indenture.  The Note Guarantee of
a Guaranteeing Subsidiary shall also be released in accordance with the
provisions of Section 10.06 of the Indenture.  Upon delivery by the Issuers to the Trustee
of an Officers’ Certificate and an Opinion of Counsel stating that the
provisions of Section 10.05 or 10.06, as applicable, of the
Indenture have been complied with, the Trustee shall execute any documents
reasonably required in order to evidence the release of a Guaranteeing
Subsidiary from its obligations under this Note Guarantee.

 

(b)          Any
Guaranteeing Subsidiary not released from its obligations under this Note
Guarantee shall remain liable for the full amount of principal of and interest
on the Notes and for the other obligations of any Guarantor under the Indenture
as provided in Article 10 of the Indenture.

 

6.             NO RECOURSE AGAINST OTHERS.  No past, present or future director, officer,
employee, incorporator, stockholder or agent of any Guaranteeing Subsidiary, as
such, shall have any liability for any obligations of the Issuers or any
Guaranteeing Subsidiary under the Notes, this Note Guarantee, the Indenture or
this Supplemental Indenture or for any claim based on, in respect of, or by
reason of, such obligations or their creation. 
Each Holder of the Notes by accepting a Note waives and releases all
such liability.  The waiver and release
are part of the consideration for issuance of the Notes.  Such waiver may not be effective to waive
liabilities under the federal securities laws and it is the view of the
Commission that such a waiver is against public policy.

 

7.             NEW YORK LAW TO GOVERN.  THE INTERNAL LAW OF THE STATE OF NEW YORK
SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE AND NOTE
GUARANTEE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO
THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE
REQUIRED THEREBY.

 

4

 

8.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each signed
copy shall be an original, but all of them together represent the same agreement.

 

9.             EFFECT OF HEADINGS.  The Section headings herein are for
convenience only and shall not affect the construction hereof.

 

10.           THE TRUSTEE.  The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this
Supplemental Indenture or for or in respect of the recitals contained herein,
all of which recitals are made solely by the Guaranteeing Subsidiaries and the
Issuers.

 

5

 

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

 

	
   

  	
  GUARANTEEING
  SUBSIDIARIES:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Ventas
  Finance I, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
  Name: 

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
  Title: 

  	
  Executive
  Vice President and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Ventas
  Finance I, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
  Name: 

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
  Title: 

  	
  Executive
  Vice President and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Ventas
  Specialty I, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
  Name: 

  	
  T. Richard Riney

  
	
   

  	
   

  	
  Title: 

  	
  Executive
  Vice President and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Ventas
  Specialty I, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
  Name: 

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
  Title: 

  	
  Executive
  Vice President and Secretary

  
					

 

6

 

	
   

  	
  ISSUERS

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Ventas Realty, Limited Partnership

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Ventas, Inc., its General Partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive
  Vice President, General Counsel and Corporate Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Ventas Capital
  Corporation

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive
  Vice President, General Counsel and Corporate Secretary

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  EXISTING
  GUARANTORS:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  Ventas, Inc.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive
  Vice President, 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, General Counsel and Corporate Secretary

  

 

7

 

	
   

  	
  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

  

 

8

 

	
   

  	
  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

  

 

9

 

	
   

  	
  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

  

 

10

 

	
   

  	
  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 ET Lehigh, LLC, its General

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  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

  

 

11

 

	
   

  	
  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 ElderTrust Operating Limited

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  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

  

 

12

 

	
   

  	
  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 ET GENPAR, L.L.C., 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 ET Sanatoga, LLC, its General

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T.
  Richard Riney

  
	
   

  	
   

  	
   

  	
  Name: 

  	
  T. Richard
  Riney

  
	
   

  	
   

  	
   

  	
  Title: 

  	
  Secretary

  

 

13

 

	
   

  	
  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

  

 

14

 

	
   

  	
  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

  

 

15

 

	
   

  	
  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

  
						

 

16

 

	
   

  	
  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

  
						

 

17

 

	
   

  	
  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

  
						

 

18

 

	
   

  	
  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

  
						

 

19

 

	
   

  	
  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

  
						

 

20

 

	
   

  	
  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

  
						

 

21

 

	
   

  	
  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

  
							

 

22

 

	
   

  	
  TRUSTEE:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  U.S. Bank
  National Association

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert
  T. Jones

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Robert T.
  Jones

  
	
   

  	
   

  	
   

  	
  Title: 

  	
  Vice
  President

  
							

 

23

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00096-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00096-of-00352.parquet"}]]