Document:

Exhibit

Exhibit 10.3
SEPARATION AND RELEASE AGREEMENT
Actuant Corporation (“Employer”) and Mark E. Goldstein (“Employee”) enter into this Separation and Release Agreement on August 24, 2015.
WHEREAS, Employee is currently the President and Chief Executive Officer of Employer and a member of the Board of Directors; and
WHEREAS, Employer and Employee desire to enter into this Separation and Release Agreement (“Agreement”) in connection with Employee’s resignation from his positions of President and Chief Executive Officer and from the Board of Directors of Employer, effective August 24, 2015, and his resignation from employment with Employer effective September 1, 2015.
NOW THEREFORE, for and in consideration of the promises made among the parties and other good and valuable consideration, the parties hereby agree:
1.    Resignation as an Officer and Director of Employer.  Employee hereby resigns from all officer and fiduciary positions with Employer and any of its subsidiaries, including Employee’s positions of President and Chief Executive Officer and as a member of the Board of Directors of Employer. The foregoing resignations shall be effective August 24, 2015.
2.    Resignation from Employment; Duties and Compensation.  Employee hereby resigns from employment with Employer effective September 1, 2015 (“Separation Date”).  During the period from the date of this Agreement through the Separation Date, Employee shall assist Employer with the transition of his duties as may be requested by the Chairman of the Board of Employer (“Chairman”). Employee shall continue to receive his base salary and participate in compensation and benefit plans through the Separation Date.  On the first regularly scheduled payroll date next following the Separation Date, Employer shall pay Employee any base salary earned but unpaid as of the Separation Date, together with $31,000, less all applicable deductions, which represents payment in full for any and all accrued and unused vacation time of Employee.
3.    Consideration.  Employer will provide the following consideration to Employee provided he executes and does not timely revoke this Agreement and for so long as he continues to comply with all of his obligations to Employer under this Agreement and any equity awards granted to Employee.
(a)    Severance Payments.  Commencing on the first regularly scheduled payroll date after the Effective Date (as defined below), Employer will pay Employee an aggregate amount equal to $870,000 over a period of fourteen (14) months, less applicable deductions, payable in accordance with Employer’s standard payroll procedures, as severance pay.
(b)    Equity Awards.  The disposition of Employee’s outstanding equity awards shall be as follows:
(i)    Stock Options. All outstanding stock options held by Employee as of the date hereof  shall be fully vested on the Separation Date, other than the stock options awards 

dated January 20, 2015 which shall be forfeited without any payment thereunder.  Other than the forfeited stock option awards referenced in the preceding sentence and any stock option awards which have expired prior to the Separation Date,  each stock option shall be exercisable through the expiration date thereof;
(ii)    RSUs. All outstanding RSUs held by Employee as of the date hereof shall be fully vested on the Separation Date, other than the RSU awards dated January 20, 2015 which shall be forfeited without any payment thereunder. The shares of common stock underlying the RSUs which vest in accordance with the preceding sentence shall be paid to Employee at such time and in such manner as set forth in the applicable award agreement;
(iii)    Performance Shares. Employee shall be entitled to receive the performance shares, if any, earned under each outstanding performance share grant held by Employee as of the date hereof, other than the performance share awards dated October 29, 2014 which shall be forfeited without any payment thereunder.  Following completion of the performance period applicable to each performance share award, Employee shall be issued the full number of shares of common stock that would otherwise have been payable under such performance share award based on the achievement of the performance objectives as if Employee’s employment had not terminated.
(c)    Outplacement and Other Expenses.  Employer will reimburse Employee for up to $20,000 in costs he incurs for outplacement services, provided that Employee engages in such services prior to November 1, 2016.  In addition, Employer will pay the reasonable legal fees incurred by Employee with respect to the negotiation and documentation of this Agreement.
(d)    Medical and Other Benefits.  During the period beginning on the Separation Date and ending November 1, 2016, Employee will continue to be eligible (i) for coverage under the group medical plans of Employer at active employee rates (which coverage, for the avoidance of doubt, shall run concurrent with required COBRA coverage), and (ii) to receive the financial planning services and executive physical he is eligible to receive immediately prior to the Separation Date.
4.    Supplemental Executive Retirement Plan (“SERP”); Deferred Compensation Plan (“DCP”). Employee’s eligibility to participate in the SERP will end on the Separation Date and no contributions will be made thereunder with respect to any period after the Separation Date, it being agreed that Employer will make a company contribution on behalf of Employee for the plan year ending August 31, 2015.  Employee’s eligibility to participate in the DCP will end on the Separation Date and no contributions will be made thereunder with respect to any period after the Separation Date, it being understood that Employer will make a non-qualified core contribution for Employee for the plan year ending August 31, 2015. Payments under the SERP will be made in accordance with the terms thereof. Payments under the DCP, including disposition of RSU deferrals, will be made pursuant to the terms of the DCP. 
5.    Consulting Services.  During the period beginning on the Separation Date and ending November 1, 2016, Employee hereby agrees to provide consulting services as may be reasonably requested by the Chairman. Such services shall be provided (i) during normal business hours, (ii) upon reasonable advance notice to Employee, (iii) in such manner as Employee and the Chairman mutually agree, which shall include providing such services by email or telephone, and (iv) for up 

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to 10 hours per month.  Employee shall not be entitled to any additional compensation for providing these consulting services.  Employer shall promptly reimburse Employee for any and all reasonable out-of-pocket expenses incurred by Employee in connection with such consulting services and which expenses were approved by the Chairman prior to their incurrence.
6.    Stock Transactions.  Employee agrees that as a former executive of Employer, he may be subject to insider trading restrictions and guidelines for six (6) months following the Separation Date, including 401(k) transactions, sales of stock, and transactions with regard to stock options.  During this period, all stock transactions must be approved by the Executive Vice President and Chief Financial Officer, Andrew Lampereur.
7.    Taxes.  It is Employer’s intention that all payments or benefits provided under this Agreement comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), including, without limitation, the six-month delay for payments of deferred compensation to “key employees” upon separation from service pursuant to Section 409A(a)(2)(B)(i) of the Code (if applicable), and this Agreement shall be interpreted, administered, and operated accordingly.  If under this Agreement an amount is to be paid in installments, each installment shall be treated as a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2)(ii).  Notwithstanding anything to the contrary herein, Employer does not guarantee the tax treatment of any payments or benefits under this Agreement, including, without limitation, under the Code, federal, state, local, or foreign tax laws and regulations.  In the event the period of payment referenced in Paragraphs 2 and 3 of this Agreement ends in the taxable year following termination of Employee’s employment, any severance payment or deferred compensation shall be paid or commence in such subsequent taxable year if required under Section 409A of the Code.
8.    Termination of Other Benefits.  Except as provided herein, Employee understands that his eligibility for coverage under the benefit plans of Employer, as may be applicable, will end on the Separation Date.  More specifically, Employee is not eligible to (a) receive any payment under Employer’s 2015 bonus plan or (b) participate in any Employer bonus plan following the Separation Date.  Employee further understands that to the extent provided for under the terms of certain benefit plans, his benefits may continue until the end of the month during which his employment terminates, or longer, depending on his eligibility to continue such benefits at his own expense pursuant to applicable federal and state law.  Notwithstanding the foregoing, nothing in this Agreement shall reduce or eliminate vested rights or benefits under any retirement plan (qualified or nonqualified), medical plan or any other employee welfare benefit plan. The Change in Control Agreement for Mark Goldstein dated October 15, 2014 and any other change in control agreements to which he is a party are hereby terminated.
9.    Non-Compete and Non-Interference.  
(a)    For purposes of this Agreement, the following definitions shall apply:
(i)    An “Active Customer of the Company” means any customer or account of the Company which during the one (1) year period preceding the Separation Date purchased any products or services from the Company, and any prospective customer or account which at the time of termination of Employee's employment with the Company, was being actively solicited by the Company with respect to the sales of such products or services.

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(ii)    “Applicable Territory” means (i) the United States and any territory or possession thereof and (ii) any country other than the United States in which the Company has sold products and/or services valued at $100,000 or more, during the one (1) year period preceding the Separation Date.
(iii)    "Company" means Employer and all of its direct or indirect subsidiaries. 

(iii)    A “Competitive Business” means any person, firm, enterprise, business, corporation or other legal entity which designs, manufactures and/or sells Competing Products.
(iv)    A “Competing Products” means any products which are competitive with a product manufactured, developed, and/or sold by the Company. 
(v)    “Team Member” means an employee of the Company.

(b)    Non-Interference:  During the period commencing on August 24, 2015 and ending on November 1, 2016 (the “Restricted Period”), Employee will not:  1) directly or indirectly, interfere or seek to interfere with the relationship between the Company and any Team Member, customer, supplier, sales agent, manufacturer’s representative or distributor of the Company; 2) solicit for employment or employ any Team Member directly or on behalf of any third party; or 3) induce or attempt to induce any such Team Member, customer, supplier, sales agent, manufacturer’s representative or distributor of the Company to curtail or terminate its relationship with, or breach any agreement with, or obligation to, the Company or sell or solicit to sell any Competing Product to an Active Customer of the Company.  
(c)    Non-Competition:  During the Restricted Period, Employee will not, without the consent of the Chairman, directly or indirectly, participate in, become associated with, provide assistance to or have a financial or other interest in any Competitive Business in the Applicable Territory.  This prohibition shall not apply to Employee’s ownership of stock or other securities of any corporation or other entity which are traded on a recognized stock exchange or trade in the over-the-counter market, even though such entity may be a competitor of the Company, as along as the value of the stock or other securities of such entity held directly or indirectly by Employee is less than 5% of the total value of the outstanding stock or other securities of such entity.
(d)    Confidential Information.  Employee will not disclose any confidential and/or proprietary information of the Company.
10.    Release.  Employee, for himself, his successors, administrators, heirs, and assigns, hereby fully releases, waives and forever discharges Employer, all of its related and affiliated entities, and all of their respective shareholders, directors, officers, agents, and employees, whether past, present, or future (the “Released Parties”) from any and all actions, obligations, contracts, suits, debts, demands, damages, claims, judgments, or liabilities of any nature, including costs and attorneys’ fees, whether known or unknown, including, but not limited to, all claims arising out of Employee’s employment with or separation from any of the Released Parties, such as (by way of example only) any claim for bonus, severance, or other benefits; breach of contract; wrongful 

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discharge; impairment of economic opportunity; any claim under common-law or at equity; any tort; claims for reimbursements; claims for commissions; or claims for employment discrimination under any state, federal, local law, statute, or regulation.  Employee acknowledges and agrees that this release, the covenants set forth in Section 9 and the covenant not to sue set forth in Section 13 are essential and material terms of this Agreement and that, without such release, covenants and covenant not to sue, no agreement would have been reached by the parties.  Employee understands and acknowledges the significance and consequences of this Agreement.  Employee does not waive or release (i) any rights which cannot be waived as a matter of law; (ii) the rights to enforce the terms of this Agreement; (iii) subject to the terms of this Agreement, any vested rights to payments, benefits or other entitlements, to which Employee is or will be entitled under the terms of any Employer benefit plan; (iv) any rights to or claims for indemnification or advancement of expenses Employee may have under applicable laws, under the applicable constituent documents (including bylaws and articles of incorporation) of Employer, under any applicable insurance policy Employer may maintain, or any under any other agreement he may have with Employer, relating to his service as a Director or Officer (as such terms are defined in Employer’s bylaws as in effect on the date hereof); or (v) any claim where the factual basis for such claim occurs after the date he signs this Agreement.
11.    WAIVER OF CLAIMS.  EMPLOYEE SPECIFICALLY WAIVES AND RELEASES EMPLOYER FROM ALL CLAIMS HE MAY HAVE AS OF THE DATE HE SIGNS THIS AGREEMENT REGARDING CLAIMS OR RIGHTS ARISING UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, 29 U.S.C. § 621 (“ADEA”).  THIS PARAGRAPH DOES NOT WAIVE RIGHTS OR CLAIMS THAT MAY ARISE UNDER THE ADEA AFTER THE DATE EMPLOYEE SIGNS THIS AGREEMENT.  EMPLOYEE AGREES THAT EMPLOYER HAS ADVISED EMPLOYEE TO CONSULT AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT, AND THAT EMPLOYEE HAS CONSULTED COMPETENT COUNSEL OF HIS OWN SELECTION PRIOR TO SIGNING THIS AGREEMENT.
12.    EFFECTIVE DATE.  EMPLOYEE HAS BEEN PROVIDED TWENTY-ONE (21) DAYS WITHIN WHICH TO CONSIDER WHETHER HE SHOULD SIGN THIS AGREEMENT AND WAIVE AND RELEASE ALL CLAIMS AND RIGHTS ARISING UNDER THE ADEA.  EMPLOYEE SHALL HAVE SEVEN (7) DAYS WITHIN WHICH TO REVOKE THIS AGREEMENT AND THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THAT REVOCATION PERIOD HAS EXPIRED.  AFTER EXECUTION OF THIS RELEASE, IF EMPLOYEE WISHES TO REVOKE THIS AGREEMENT, HE SHALL GIVE THE EXECUTIVE VICE PRESIDENT OF HUMAN RESOURCES, GENE SKOGG, WRITTEN NOTICE OF SUCH REVOCATION WITHIN SEVEN (7) DAYS.  IF A REVOCATION NOTICE IS NOT RECEIVED BY EMPLOYER, THEN THIS AGREEMENT SHALL BE EFFECTIVE ON THE 8th DAY AFTER EMPLOYEE SIGNS IT AND RETURNS IT TO EMPLOYER (THE “EFFECTIVE DATE”).  FOR THE AVOIDANCE OF DOUBT, IN THE EVENT EMPLOYEE REVOKES THIS AGREEMENT, EMPLOYEE SHALL NOT BE ENTITLED TO ANY PAYMENT HEREUNDER, ALL OF EMPLOYEE'S EQUITY AWARDS WHICH ARE NOT VESTED AS OF THE DATE HEREOF SHALL BE FORFEITED WITHOUT ANY PAYMENT THEREUNDER AND EMPLOYEE SHALL PROMPTLY REIMBURSE EMPLOYER WITH RESPECT TO ANY PAYMENTS MADE TO EMPLOYEE PURSUANT TO THIS AGREEMENT.

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13.    Covenant Not to Sue.  To the maximum extent permitted by law, Employee covenants not to sue or to institute or cause to be instituted any action in any federal, state, or local agency or court against any of the Released Parties, with respect to the claims released in this Agreement.  Notwithstanding the foregoing, nothing herein shall prevent Employee or Employer from instituting any action required to enforce the terms of or from challenging this Agreement under ADEA.  Employee acknowledges that he does not have any current charge, complaint, grievance or other proceeding pending against the Released Parties pending before any local, state or federal agency regarding his employment.  Employee shall not seek or be entitled to any personal recovery, in any action or proceeding that may be commenced on Employee’s behalf in any way arising out of or relating to the matters released in this Agreement.
14.    Non-Disparagement.  Employee understands and agrees that he will not make any disparaging or derogatory statements, whether oral, written or electronic, to any third party, including without limitation, any media outlet, industry group, or current or former employee, consultant, customer, client or supplier of the Company regarding the Released Parties or about the Company's business affairs and financial condition, unless compelled to do so as part of the judicial process or as part of any litigation between the parties related to this Agreement.  Employee agrees further that he will not at any time speak or act in any manner that is intended to, or does in fact, damage the goodwill or the business of the Company, or the business or personal reputations of any of the Released Parties.  Employer agrees that no officer or director of Employer will make any disparaging or derogatory statements, whether oral, written or electronic, to any third party about Employee, unless compelled to do so as part of the judicial process or as part of any litigation between the parties related to this Agreement. Employer agrees further that no officer or director of Employer will at any time speak or act in any manner that is intended to, or does in fact, damage the business or personal reputation of Employee.
15.    Return of Property.  Employee agrees that he will return all of the Company’s property in his possession, including, but not limited to, keys, key cards, files and records (and copies thereof), computer hardware, software, printers, wireless handheld devices, phones, identification cards, credit cards, and any materials of any kind which contain or embody any confidential information of the Company or its customers or clients, by the close of business on the Separation Date.  Notwithstanding the foregoing, Employee shall be entitled to retain his Employer issued laptop computer, cell phone and cell phone number provided Employee first delivers his laptop and cell phone to Employer for the removal of all Company data. No later than five (5) business days after the Effective Date, Employer agrees to complete, execute and deliver to the cell phone service provider such documents as may be required to effect the transfer of the cell phone service, cell phone and cell phone number to Employee.
16.    Acknowledgement.  Employee acknowledges by signing this Agreement that he has read and understands this document, that he has conferred with or had opportunity to confer with his attorneys regarding the terms and meaning of this Agreement, that he has had sufficient time to consider the terms provided for in this Agreement, that no representations or inducements have been made to him except as set forth herein, and that he has signed the same KNOWINGLY AND VOLUNTARILY.  Employee acknowledges and agrees that the covenants and obligations of Employee hereunder are fair and reasonable and are reasonably required for the protection of the interests of the Company and are essential to induce Employer to enter into this Agreement.

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17.    Indemnification; Post-Employment Assistance with Disputes.  Employee shall continue to be entitled to indemnification and advancement of expenses relating to Employee’s service as a Director or Officer (as defined in Employer’s bylaws as in effect on the date hereof) that Employee may have (to the fullest extent Employee is entitled) under applicable laws, under applicable constituent documents (including bylaws and articles of incorporation) of Employer, under any applicable insurance policy Employer may maintain, or any under any other agreement Employee may have with Employer.  The rights to indemnification and advancement of expenses set forth herein shall not be deemed exclusive of any other rights Employee may have. Employee agrees to cooperate with Employer in the truthful and honest investigation, prosecution and/or defense of any claim in which the Released Parties may have an interest, which may include, without limitation, making himself available on a reasonable basis to participate in any proceeding involving any of the Released Parties without claim of privilege against the Released Parties, allowing himself to be interviewed by representatives of Employer without claim of privilege against the Released Parties, participating as requested in interviews and/or preparation by any of the Released Parties of other witnesses without claim of privilege against the Released Parties, protecting the applicable legal privileges of the Released Parties, appearing for depositions and testimony without requiring a subpoena without claim of privilege against the Released Parties, and producing and/or providing any documents or names of other persons with relevant information without claim of privilege against the Released Parties.  Employer agrees that if it requests that Employee be interviewed by its representative under this provision, it will reimburse Employee for all reasonable travel expenses approved in advance by Employer.
18.    Further Assurances.  Employee shall cooperate in an orderly transfer of his duties and responsibilities to another person designated by Employer.  At Employer’s request and without further consideration, Employee shall execute, acknowledge and deliver such documents, instruments or assurances and take such other action as Employer may reasonably request to carry out Employee’s rights and obligations under this Agreement.  
19.    Choice of Law and Severability.  The provisions of this Agreement shall be construed in accordance with the laws of the State of Wisconsin.  In the event that any section, subsection or provision of this Agreement shall be determined to be partially contrary to governing law or otherwise partially unenforceable, the section, subsection or provision and this Agreement shall be enforced to the maximum extent permitted by law, and if any section, subsection or provision of this Agreement shall be determined to be totally contrary to governing law or otherwise totally unenforceable, the section, subsection or provision shall be severed and disregarded and the remainder of this Agreement shall be enforced to the maximum extent permitted by law.
20.    No Admission.  Employee agrees that neither this Agreement nor performance hereunder constitutes an admission by any of the Released Parties of any violation of any federal, state, or local law, regulation, common-law, breach of any contract, or any other wrongdoing of any type.
21.    Counterparts.  This Agreement may be executed in separate counterparts (including by facsimile signature pages), each of which is deemed to be an original and all of which taken together constitute one and the same agreement.
22.    No Strict Construction.  The parties hereto jointly participated in the negotiation and drafting of this Agreement.  The language used in this Agreement will be deemed to be the language 

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chosen by the parties hereto to express their collective mutual intent, this Agreement will be construed as if drafted jointly by the parties hereto, and no rule of strict construction will be applied against any person.  
23.    Remedies.  In addition to all of the remedies otherwise available to Employer, including but not limited to, recovery from Employee of damages and recovery of reasonable attorneys’ fees incurred by Employer in the enforcement of this Agreement, Employer shall have the right to injunctive relief to restrain and enjoin any actual or threatened breach by Employee of any provisions of this Agreement.  Employer shall also be entitled to seek a protective order to ensure the continued confidentiality of its trade secrets and proprietary information.  All of Employer’s remedies for the breach of the Agreement shall be cumulative and the pursuit of one remedy shall not preclude any other remedies.
24.    Successors and Assigns.  This Agreement shall inure to the benefit of and shall be binding upon Employer and Employee and their respective heirs, personal representatives, successors and assigns.  Employer may assign its rights and obligations hereunder, without the consent of, or notice to, Employee, to any of Employer’s affiliates or subsidiaries or to any person that acquires Employer or any portion of its business or its assets, in which case all references to Employer will refer to such assignee.  
25.    Notices.  Notices regarding this Agreement shall be sent as follows:
If to Employer:
McDermott Will & Emery LLP 
227 W. Monroe Street 
Chicago, Illinois  60606-5096 
Attn: John Tamisiea
If to Employee:
Mark E. Goldstein 
At the most recent address on file with Employer
*   *   * 

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IN WITNESS WHEREOF, the parties hereto have entered into this Separation and Release Agreement and it becomes effective as of the date set forth above.  
	
	
	ACTUANT CORPORATION
 
 

	By:   /s/ Andrew G. Lampereur                          
        Name: Andrew G. Lampereur
        Title: Executive Vice President and Chief Financial Officer

	 

	 

	 /s/ Mark E. Goldstein

	Mark E. Goldstein

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 Exhibit 10.1 

FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND AMENDMENT TO OTHER LOAN DOCUMENTS 

THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT AND AMENDMENT TO OTHER LOAN DOCUMENTS (this “Amendment”)
made as of this 21st day of August, 2015, by and among CARTER/VALIDUS OPERATING PARTNERSHIP, LP, a Delaware limited partnership (the “Borrower”), CARTER VALIDUS MISSION CRITICAL REIT, INC., a Maryland corporation
(“REIT”), THE ENTITIES LISTED ON THE SIGNATURE PAGES HEREOF AS SUBSIDIARY GUARANTORS (hereinafter referred to individually as a “Subsidiary Guarantor” and collectively, as “Subsidiary Guarantors”; REIT and the
Subsidiary Guarantors are sometimes hereinafter referred to individually as a “Guarantor” and collectively as “Guarantors”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), THE OTHER
LENDERS LISTED ON THE SIGNATURES PAGES HEREOF AS LENDERS (KeyBank and the other lenders are listed on the signatures pages hereof as Lenders, collectively, the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, a national banking
association, as Agent for the Lenders (the “Agent”). 
 W I T N E S S E T H: 

WHEREAS, Borrower and KeyBank, individually and as Agent, and the Lenders entered into that certain Second Amended and Restated Credit
Agreement dated as of May 28, 2014 (the “Credit Agreement”); and 
 WHEREAS, each of the Guarantors are a party to that
certain Unconditional Guaranty of Payment of Performance in favor of Agent and the Lenders dated as of May 28, 2014 (the “Guaranty”); 

WHEREAS, Borrower and Guarantors have requested that the Agent and the Lenders make certain modifications to the Credit Agreement and the
Guaranty; and 
 WHEREAS, the Agent and the Lenders have consented to such modifications, subject to the execution and delivery of this
Amendment. 
 NOW, THEREFORE, for and in consideration of the sum of TEN and NO/100 DOLLARS ($10.00), and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto do hereby covenant and agree as follows: 

1. Definitions. All terms used herein which are not otherwise defined herein shall have the meanings set forth in the Credit Agreement.

 2. Modification of the Credit Agreement. The Agent, the Lenders and the Borrower hereby amend the Credit Agreement as follows:

 (a) By inserting the following new definitions in §1.1 of the Credit Agreement: 

“Co-Syndication Agent. Each of (i) Bank of America, N.A., a national banking association, but only in the event that Bank of
America, N.A. is a Lender, 

 
(ii) Fifth Third Bank, an Ohio corporation, but only in the event that Fifth Third Bank is a Lender, and (iii) SunTrust Bank, a Georgia state banking corporation, but only in the event
that SunTrust Bank is a Lender.” 
 “KCM. KeyBanc Capital Markets, Inc.” 

“Joint Lead Arrangers and Bookrunners. Each of (i) KeyBanc Capital Markets, Inc., (ii) Capital One, National Association,
(iii) Merrill Lynch, Pierce, Fenner & Smith Incorporated and (iv) SunTrust Robinson Humphrey, Inc.” 

“Permitted Equity Investments. Investments in the Equity Interests of any Persons that are not Unconsolidated Affiliates or Wholly
Owned Subsidiaries, provided that such Person’s primary business is the ownership, operation and development of Data Center Assets or Medical Assets.” 

(b) By deleting the following from subparagraph (b) of the definition of Change of Control in §1.1 of the Credit Agreement:
“(excluding, in the case of both clause (b)(ii) and (b)(iii) above, any individual whose initial nomination for, or assumption of office as, a member of the REIT Board occurs as a result of an actual or threatened solicitation of proxies or
consents for the election or removal of one or more directors or trustees by any Person or group other than a solicitation for the election of one or more directors or trustees by or on behalf of the REIT Board)”. 

(c) By modifying the definition of “Distribution” in §1.1 of the Credit Agreement by inserting the words “or distribution
(including, without, limitation, dividend reinvestments)” following the word “dividend” in the third line thereof. 
 (d) By
deleting in its entirety the definition of “Liquidity” in §1.1 of the Credit Agreement. 
 (e) By modifying the definition of
“Unsecured Debt” in §1.1 of the Credit Agreement by deleting the words “Secured Indebtedness” and inserting in lieu thereof the words “Secured Debt”. 

(f) By deleting in its entirety the definition of “Titled Agents” appearing in §1.1 of the Credit Agreement, and inserting in
lieu thereof the following: 
 “Titled Agents. The Joint Lead Arrangers and Bookrunners or any syndication or documentation
agent.” 
 (g) By modifying the definition of “Unencumbered Pool Value” in §1.1 of the Credit Agreement by deleting the
fifth sentence in its entirety, and inserting in lieu thereof the following: 
 “Notwithstanding the foregoing, no more than sixty
percent (60.0%) of the aggregate Unencumbered Pool Value for all Unencumbered Pool Properties shall be attributable to Medical Assets (and any excess shall be excluded from the Unencumbered Pool Value) to and including August 21, 2016, and
fifty-five percent (55.0%) thereafter.” 

  
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 (h) By deleting in its entirety the definition of “Total Commitment” appearing in
§1.1 of the Credit Agreement, and inserting in lieu thereof the following: 
 “Total Commitment. The sum of the Commitments
of the Lenders, as in effect from time to time. As of August 21, 2015, the Total Commitment is FOUR HUNDRED SEVENTY-FIVE MILLION AND NO/100 DOLLARS ($475,000,000.00). The Total Commitment may increase in accordance with §2.11.” 

(i) By deleting in its entirety the definition of “Total Revolving Credit Commitment” appearing in §1.1 of the Credit
Agreement, and inserting in lieu thereof the following: 
 “Total Revolving Credit Commitment. The sum of the Revolving Credit
Commitments of the Revolving Credit Lenders, as in effect from time to time. As of August 21, 2015, the Total Revolving Credit Commitment is FOUR HUNDRED MILLION AND NO/100 DOLLARS ($400,000,000.00). The Total Revolving Credit Commitment may
increase in accordance with §2.11.” 
 (j) By deleting in its entirety §2.11(a) of the Credit Agreement, and inserting in
lieu thereof the following: 
 “(a) Provided that no Default or Event of Default has occurred and is continuing, subject to the terms
and conditions set forth in this §2.11, the Borrower shall have the option at any time and from time to time before the date that is one (1) year prior to the Revolving Credit Maturity Date or the Term Loan Maturity Date, as applicable, to
request an increase in the Total Revolving Credit Commitment and/or the Total Term Loan Credit Commitment by giving written notice to the Agent (an “Increase Notice”; and the amount of such requested increase is the “Commitment
Increase”), provided that any such individual increase must be in a minimum amount of $5,000,000.00 and increments of $1,000,000.00 in excess thereof, and the Total Commitment shall not exceed $500,000,000.00. Upon receipt of any Increase
Notice, the Agent shall consult with KCM and shall notify the Borrower of the amount of the facility fees to be paid to any Lenders who provide an additional Revolving Credit Commitment and/or Term Loan Commitment, as applicable, in connection with
such increase in the Revolving Credit Commitment and/or Term Loan Commitment, as applicable. If the Borrower agrees to pay the facility fees so determined, the Agent shall send a notice to all Revolving Credit Lenders or Term Loan Lenders, as
applicable (the “Additional Commitment Request Notice”) informing them of the Borrower’s request to increase the Total Revolving Credit 

  
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Commitment or the Total Term Loan Commitment, as applicable, and of the facility fees to be paid with respect thereto. Each Revolving Credit Lender or Term Loan Lender, as applicable, who desires
to provide an additional Revolving Credit Commitment or Term Loan Commitment, as applicable, upon such terms shall provide Agent with a written commitment letter specifying the amount of the additional Revolving Credit Commitment or Term Loan
Commitment, as applicable, which it is willing to provide prior to such deadline as may be specified in the Additional Commitment Request Notice. If the requested increase is oversubscribed then the Agent and KCM shall allocate the Commitment
Increase among the Revolving Credit Lenders or Term Loan Lenders, as applicable, who provide such commitment letters on such basis as the Agent and KCM, shall determine in their sole discretion. If the additional Revolving Credit Commitments or Term
Loan Commitments, as applicable, so provided are not sufficient to provide the full amount of the Revolving Credit Commitment Increase or the Term Loan Commitment Increase, as applicable, that is requested by the Borrower, then the Agent, KCM, or
the Borrower may, but shall not be obligated to, invite one or more banks or lending institutions (which banks or lending institutions shall be acceptable to Agent, KCM, and the Borrower) to become a Revolving Credit Lender or Term Loan Lender, as
applicable, and provide an additional Revolving Credit Commitment or Term Loan Commitment, as applicable. The Agent shall provide all Revolving Credit Lenders or Term Loan Lenders, as applicable, with a notice setting forth the amount, if any, of
the additional Revolving Credit Commitment or Term Loan Commitment, as applicable, to be provided by each Revolving Credit Lender or Term Loan Lender, as applicable, and the revised Revolving Credit Commitment Percentages or Term Loan Commitment
Percentages, as applicable, which shall be applicable after the effective date of the Revolving Credit Commitment Increase or Term Loan Commitment Increase, as applicable, specified therein (the “Commitment Increase Date”). In no event
shall any Lender be obligated to provide an additional Revolving Credit Commitment or Term Loan Commitment.” 
 (k) By deleting in its
entirety §2.11(d)(i) of the Credit Agreement, and inserting in lieu thereof the following: 
 “(i) Payment of Activation
Fee. The Borrower shall pay to KCM such facility fees as KCM and the Lenders who are providing an additional Commitment may require to increase the aggregate Commitment, which fees shall, when paid, be fully earned and non-refundable under any
circumstances. KCM shall pay to the Lenders acquiring the applicable Commitment Increase certain fees pursuant to their separate agreement; and” 

  
 4 

 (l) By deleting in its entirety §4.2 of the Credit Agreement, and inserting in lieu thereof
the following: 
 “§4.2 Fees. The Borrower agrees to pay to KeyBank and the Joint Lead Arrangers and Bookrunners for their
own account certain fees for services rendered or to be rendered in connection with the Loans as provided pursuant to that certain fee letter dated as of July 31, 2015 between the Borrower, KeyBank, the Joint Lead Arrangers and Bookrunners and
certain other parties thereto (the “Agreement Regarding Fees”). All such fees shall be fully earned when paid and nonrefundable under any circumstances. The Borrower agrees and acknowledges that no proceeds of the Loans will be used to pay
any arrangement fees, and Borrower will pay for such fees out of pocket.” 
 (m) By deleting in its entirety §7.2 of the Credit
Agreement, and inserting in lieu thereof the following: 
 “§7.2 Maintenance of Office. The Borrower and each Guarantor will
maintain their respective chief executive office at 4890 W. Kennedy Boulevard, Suite 650, Tampa, Florida 33609, or at such other place in the United States of America as the Borrower or any Guarantor shall designate upon thirty (30) days prior
written notice to the Agent and the Lenders, where notices, presentations and demands to or upon the Borrower or such Guarantor in respect of the Loan Documents may be given or made.” 

(n) By deleting in its entirety §8.3 of the Credit Agreement, and inserting in lieu thereof the following: 

“§8.3 Restrictions on Investments. Borrower will not make or permit to exist or to remain outstanding any
Investment except Investments in: 
 (a) marketable direct or guaranteed obligations of the United States of America that
mature within one (1) year from the date of purchase by such Borrower or the Guarantor; 
 (b) marketable direct
obligations of any of the following: Federal Home Loan Mortgage Corporation, Student Loan Marketing Association, Federal Home Loan Banks, Federal National Mortgage Association, Government National Mortgage Association, Bank for Cooperatives, Federal
Intermediate Credit Banks, Federal Financing Banks, Export-Import Bank of the United States, Federal Land Banks, or any other agency or instrumentality of the United States of America; 

  
 5 

 (c) demand deposits, certificates of deposit, bankers acceptances and time
deposits of United States banks having total assets in excess of $100,000,000; 
 (d) commercial paper assigned the highest
rating by two or more national credit rating agencies and maturing not more than ninety (90) days from the date of creation thereof; 

(e) bonds or other obligations having a short term unsecured debt rating of not less than A-1+ by S&P and P-1+ by
Moody’s and having a long term debt rating of not less than A by S&P and A1 by Moody’s issued by or by authority of any state of the United States, any territory or possession of the United States, including the Commonwealth of Puerto
Rico and agencies thereof, or any political subdivision of any of the foregoing; 
 (f) repurchase agreements having a term
not greater than ninety (90) days and fully secured by securities described in the foregoing subsection (a), (b) or (c) with banks described in the foregoing subsection (c) or with financial institutions or other corporations
having total assets in excess of $500,000,000; 
 (g) shares of so-called “money market funds” registered with the
SEC under any mutual fund or other registered investment company that qualifies as a “money market fund” under Rule 2a-7 of the United States Securities and Exchange Commission, or any successor thereto which have total assets in excess of
$50,000,000; 
 (h) in Land Assets; 

(i) by Borrower in non-Wholly Owned Subsidiaries and Unconsolidated Affiliates; 

(j) by Borrower or its Subsidiaries in Permitted Equity Investments; 

(k) by the Borrower or its Subsidiaries (other than the Subsidiary Guarantors) in Mortgage Note Receivables secured by
properties that meet the property type requirements of a Data Center Asset or a Medical Asset; and 
 (l) acquisition of fee
simple interests or long-term ground lease interests in Real Estate by Borrower or its Subsidiaries that meet the property type requirements of a Data Center Asset or a Medical Asset. 

  
 6 

 Notwithstanding the foregoing, in no event shall (x) the aggregate value of
the holdings of REIT and its Subsidiaries in the Investments described in §8.3(h)-(k) exceed twenty-five percent (25%) of Gross Asset Value at any time, (y) the aggregate value of the holdings of REIT and its Subsidiaries in
Permitted Equity Investments described in §8.3(j) exceed ten percent (10%) of Gross Asset Value at any time, or (z) REIT and its Subsidiaries make any Investments other than those outlined in the Prospectus. 

For the purposes of this §8.3, the Investment of REIT or its Subsidiaries in any non-Wholly Owned Subsidiaries and
Unconsolidated Affiliates will equal (without duplication) the sum of such Person’s pro rata share of any Investments valued at the GAAP book value.” 

(o) By deleting in its entirety §9.4 of the Credit Agreement, and inserting in lieu thereof the following: 

“§9.4 Minimum Consolidated Tangible Net Worth. The Borrower will not at any time permit Consolidated Tangible Net Worth to be
less than the sum of (i) $900,000,000.00, plus (ii) seventy-five percent (75%) of the sum of any additional Net Offering Proceeds after the date of this Agreement.” 

(p) By deleting the addresses for notices to the Borrower in §19 of the Credit Agreement, and inserting in lieu thereof the following:

 “If to the Borrower: 

Carter/Validus Operating Partnership, LP 

4890 W. Kennedy Blvd., Suite 650 

Tampa, Florida 33609 
 Attn: Todd
Sakow, Chief Financial Officer 
 Telecopy No.: (813) 287-0397 

With a copy to: 
 Morris,
Manning and Martin, LLP 
 1600 Atlanta Financial Center 

3343 Peachtree Road, N.E. 

Atlanta, Georgia 30326 
 Attn:
Heath D. Linsky, Esq. 
 Telecopy No.: (404) 365-9532” 

(q) By deleting the references to “Arranger” in each place where it appears in §§7.4, 15, 16, 27 and 32, and inserting in
lieu thereof the words “Joint Lead Arrangers and Bookrunners”. 
 (r) By deleting in its entirety Schedule 1.1 of the
Credit Agreement, and inserting in lieu thereof Schedule 1.1 attached to this Amendment. 

  
 7 

 3. Modification to Guaranty. Guarantors, Agent and the Lenders do hereby modify and amend
the Guaranty by deleting in its entirety paragraph (a) on page 1 of the Guaranty, appearing on page 1 thereof, and inserting in lieu thereof the following: 

“(a) the full and prompt payment when due, whether by acceleration or otherwise, either before or after maturity thereof,
of (i) the Revolving Credit Notes made by Borrower to the order of the Revolving Credit Lenders in the aggregate principal face amount of up to Four Hundred Million and No/100 Dollars ($400,000,000.00), subject to increases resulting from
increases in the Total Revolving Credit Commitment to not more than $425,000,000.00 as provided in Section 2.11 of the Credit Agreement, (ii) the Term Loan Notes made by Borrower to the order of the Term Loan Lenders in the aggregate
principal face amount of up to Seventy-Five Million and No/100 Dollars ($75,000,000.00), subject to increases resulting from increases in the Total Term Loan Commitment to not more than $100,000,000.00 as provided in Section 2.11 of the Credit
Agreement, and (iii) the Swing Loan Note, made by the Borrower to the order of KeyBank in the principal face amount of Ten Million and No/100 Dollars ($10,000,000.00), together with interest as provided in the Revolving Credit Notes, the Term
Loan Notes and the Swing Loan Note and together with any replacements, supplements, renewals, modifications, consolidations, restatements, increases and extensions thereof; and” 

4. Commitments; New Lenders. 

(a) As of the “Effective Date” (as hereinafter defined) of this Amendment and following satisfaction of all conditions thereto as
provided herein, the amount of each Lender’s Revolving Credit Commitment, Term Loan Commitment and Total Commitment shall be the amount set forth on Schedule 1.1 attached hereto. In connection with the Commitment Increase, each existing
Lender shall be issued on the Effective Date a replacement Revolving Credit Note in the principal face amount of its Revolving Credit Commitment, which will be a “Revolving Credit Note” under the Credit Agreement. Each such Revolving
Credit Note shall provide that it is a replacement for the existing Revolving Credit Note of each such Revolving Credit Lender, and following the Effective Date each existing Revolving Credit Lender will promptly return to Borrower its existing
Revolving Credit Note that is being replaced marked “Replaced”. 
 (b) In connection with the increase of the Revolving Credit
Commitment pursuant to this Amendment and §2.11 of the Credit Agreement, Fifth Third Bank, an Ohio corporation, Hancock Bank, a trade name of Whitney Bank, Woodforest National Bank, and Mega International Commercial Bank Co. Ltd. Silicon Valley
Branch and Renasant Bank (each a “New Lender”) shall on the Effective Date be issued a Revolving Credit Note in the principal face amount of its Revolving Credit Commitment, respectively, which will be a “Revolving Credit Note”
under the Credit Agreement, and on the Effective Date each New Lender shall be a Lender under the Credit Agreement. Each New Lender makes and confirms to the Agent and the 

  
 8 

 
other Lenders all of the representations, warranties and covenants of a Lender under Articles 14 and 18 of the Loan Agreement. Without limiting the foregoing, each New Lender (a) represents
and warrants that it is legally authorized to, and has full power and authority to, enter into this Amendment and perform its obligations under this Amendment, the Credit Agreement and the other Loan Documents; (b) confirms that it has received
copies of such documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment and become a party to the Credit Agreement; (c) agrees that it has made its own decision to become a
Lender under the Credit Agreement without reliance upon any Lender, Agent, Titled Agent or any affiliate or subsidiary of any thereof, and has and will, independently and without reliance upon any Lender, the Agent, any Titled Agent or any affiliate
or subsidiary of any thereof and based upon such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in evaluating the Loans, the Loan Documents, the creditworthiness of the Borrower and the
Guarantors and the value of any assets of the Borrower and the Guarantors, and taking or not taking action under the Loan Documents; (d) appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers as
are reasonably incidental thereto pursuant to the terms of the Loan Documents; (e) agrees that, by this Amendment, such New Lender has become a party to and will perform in accordance with their terms all the obligations which by the terms of
the Loan Documents are required to be performed by it as a Lender; (f) represents and warrants that such New Lender is not a Person controlling, controlled by or under common control with, or which is not otherwise free from influence or
control by, any of the Borrower, REIT or any other Guarantor and is not a Defaulting Lender or an Affiliate of a Defaulting Lender and (g) such New Lender has a net worth or unfunded capital commitment as of the date hereof of not less than
$100,000,000.00 unless waived in writing by Borrower and Agent. 
 (c) By its signature below, each New Lender hereby agrees from and after
the Effective Date to perform all obligations as a Lender and with respect to its Revolving Credit Commitment as set forth in this Amendment, the Credit Agreement and the other Loan Documents, as if such New Lender were an original Lender and
signatory to the Credit Agreement, which obligations shall include, but shall not be limited to, the obligation to make Revolving Credit Loans to the Borrower with respect to its Revolving Credit Commitment as required under the Credit Agreement,
the obligation to pay amounts due in respect of Swing Loans as set forth in §2.5 of the Credit Agreement, the obligation to pay amounts due in respect of draws under Letters of Credit as required under §2.10 of the Credit Agreement, and in
any case the obligation to indemnify the Agent as provided therein. Each New Lender acknowledges and confirms that its address for notices and LIBOR Lending Office for Revolving Credit Loans is as set forth on the signature pages hereto. 

(d) On the Effective Date of this Amendment the outstanding principal balance of the Revolving Credit Loans shall be reallocated among the
Revolving Credit Lenders such that the outstanding principal amount of Revolving Credit Loans owed to each Revolving Credit Lender shall be equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the outstanding
principal amount of all Revolving Credit Loans. The participation interests of the Revolving Credit Lenders in Swing Loans and Letters of Credit shall be similarly adjusted. On the Effective Date, each of those Revolving Credit Lenders whose
Revolving Credit Commitment Percentage is increasing shall advance the funds to the Agent and the funds so advanced shall be distributed among the Revolving Credit Lenders whose Revolving Credit Commitment Percentage is decreasing as necessary to
accomplish the required reallocation of the outstanding Revolving Credit Loans. 

  
 9 

 5. References to Amended Documents. All references in the Loan Documents to the Credit
Agreement and the Guaranty amended in connection with this Amendment shall be deemed a reference to the Credit Agreement and the Guaranty as modified and amended herein. 

6. Consent of Borrower and Guarantors. By execution of this Amendment, Guarantors hereby expressly consent to the modifications and
amendments relating to the Credit Agreement and the Guaranty as set forth herein, and Borrower and Guarantors hereby acknowledge, represent and agree that the Loan Documents (including, without limitation, the Guaranty), as modified and amended
herein or in connection with this Amendment, remain in full force and effect and constitute the valid and legally binding obligation of Borrower and Guarantors, respectively, enforceable against such Persons in accordance with their respective
terms, and that the Guaranty extends to and applies to the foregoing documents as modified and amended. 
 7. Representations.
Borrower and Guarantors represent and warrant to Agent and the Lenders as follows: 
 (a) Authorization. The execution, delivery and
performance of this Amendment and the transactions contemplated hereby (i) are within the authority of Borrower and Guarantors, (ii) have been duly authorized by all necessary proceedings on the part of such Persons, (iii) do not and
will not conflict with or result in any breach or contravention of any provision of law, statute, rule or regulation to which any of such Persons is subject or any judgment, order, writ, injunction, license or permit applicable to such Persons,
(iv) do not and will not conflict with or constitute a default (whether with the passage of time or the giving of notice, or both) under any provision of the partnership agreement or certificate, certificate of formation, operating agreement,
articles of incorporation or other charter documents or bylaws of, or any mortgage, indenture, agreement, contract or other instrument binding upon, any of such Persons or any of its properties or to which any of such Persons is subject, and
(v) do not and will not result in or require the imposition of any lien or other encumbrance on any of the properties, assets or rights of such Persons, other than the liens and encumbrances created by the Loan Documents. 

(b) Enforceability. The execution and delivery of this Amendment are valid and legally binding obligations of Borrower and Guarantors
enforceable in accordance with the respective terms and provisions hereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’
rights and the effect of general principles of equity. 
 (c) Approvals. The execution, delivery and performance of this Amendment
and the transactions contemplated hereby do not require the approval or consent of or approval of any Person or the authorization, consent, approval of or any license or permit issued by, or any filing or registration with, or the giving of any
notice to, any court, department, board, commission or other governmental agency or authority other than those already obtained. 
 (d)
Reaffirmation. Borrower and Guarantors reaffirm and restate as of the date hereof each and every representation and warranty made by the Borrower, the Guarantors 

  
 10 

 
and their respective Subsidiaries in the Loan Documents or otherwise made by or on behalf of such Persons in connection therewith except for representations or warranties that expressly relate to
an earlier date. 
 8. No Default. By execution hereof, the Borrower and Guarantors certify that the Borrower and Guarantors are and
will be in compliance with all covenants under the Loan Documents after the execution and delivery of this Amendment, and that no Default or Event of Default has occurred and is continuing. 

9. Waiver of Claims. Borrower and Guarantors acknowledge, represent and agree that Borrower and Guarantors as of the date hereof have
no defenses, setoffs, claims, counterclaims or causes of action of any kind or nature whatsoever with respect to the Loan Documents, the administration or funding of the Loans or with respect to any acts or omissions of Agent or any of the Lenders,
or any past or present officers, agents or employees of Agent or any of the Lenders, and each of Borrower and Guarantors does hereby expressly waive, release and relinquish any and all such defenses, setoffs, claims, counterclaims and causes of
action, if any. 
 10. Ratification. Except as hereinabove set forth or in any other document previously executed or executed in
connection herewith, all terms, covenants and provisions of the Credit Agreement and the Guaranty amended in connection herewith remain unaltered and in full force and effect, and the parties hereto do hereby expressly ratify and confirm the Credit
Agreement, the Guaranty and other Loan Documents as modified and amended herein and therein. Guarantors hereby consent to the terms of this Amendment and ratify the Guaranty. Nothing in this Amendment or any other document delivered in connection
herewith shall be deemed or construed to constitute, and there has not otherwise occurred, a novation, cancellation, satisfaction, release, extinguishment or substitution of the indebtedness evidenced by the Notes or the other obligations of
Borrower and Guarantors under the Loan Documents (including without limitation the Guaranty). 
 11. Counterparts. This Amendment may
be executed in any number of counterparts which shall together constitute but one and the same agreement. 
 12. Miscellaneous. THIS
AMENDMENT SHALL, PURSUANT TO NEW YORK GENERAL OBLIGATIONS LAW SECTION 5-1401, BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. This Amendment shall be binding upon and shall inure to the benefit of the parties
hereto and their respective permitted successors, successors-in-title and assigns as provided in the Credit Agreement. 
 13. Effective
Date. The obligations of the undersigned parties under Sections 2, 3 and 4 of this Amendment shall be deemed effective and in full force and effect (the “Effective Date”) only upon confirmation by the Agent of the satisfaction of the
following conditions: 
 (a) the execution and delivery of this Amendment by Borrower, Guarantors, Agent, each New Lender, the Majority
Lenders and each Lender whose Revolving Credit Commitment is increasing or decreasing pursuant to this Amendment (and the delivery to the Borrower of a copy of such fully-executed Amendment by the Agent shall be evidence of satisfaction of this
condition); 

  
 11 

 (b) the delivery to Agent of an opinion of counsel to the Borrower and the Guarantors addressed
to the Agent and the Lenders dated as of the Effective Date covering such matters as the Agent may reasonably request; 
 (c) the delivery
to Agent of a Revolving Credit Note duly executed by the Borrower in favor of each New Lender and each Lender with a Revolving Credit Commitment in the amount set forth next to such Lender’s name on Schedule 1.1 attached hereto; 

(d) receipt by Agent of evidence that the Borrower shall pay contemporaneously with the Effective Date all fees (including legal fees) due and
payable with respect to this Amendment and the Commitment Increase; 
 (e) with respect to Borrower and each Guarantor, receipt by Agent of
(i) such resolutions, secretary’s and incumbency certificates, and organizational documents, in each case as the Agent may reasonably request, and (ii) good standing certificates for their respective state of incorporation or
formation issued not more than thirty (30) days prior to the Effective Date, in each case as the Agent may reasonably request; 
 (f)
such other conditions as Agent may require in its reasonable discretion. 

  
 12 

 IN WITNESS WHEREOF, the parties hereto have hereto set their hands and affixed their seals as of
the day and year first above written. 
  

									
		 	BORROWER:
		
		 	CARTER/VALIDUS OPERATING PARTNERSHIP, LP, a Delaware limited partnership
			
		 	By:	  	Carter Validus Mission Critical REIT, Inc.,
		 		  	a Maryland corporation, its general partner
					
		 		  	By:	 	 /s/ Todd M. Sakow
	  	
		 		  	Name:	 	Todd M. Sakow	  	
		 		  	Title:	 	Chief Financial Officer	  	
	
	 (CORPORATE SEAL)

		
		 	REIT:
		
		 	CARTER VALIDUS MISSION CRITICAL REIT, INC., a Maryland corporation
				
		 	By:	  	 /s/ Todd M. Sakow
	  	
		 	Name:	  	Todd M. Sakow	  	
		 	Title:	  	Chief Financial Officer	  	
	
	 (CORPORATE SEAL)

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

											
		  	SUBSIDIARY GUARANTORS:
		
		  	HC-2501 W WILLIAM CANNON DR, LLC
		  	DC-19675 W. TEN MILE, LLC
		  	DC-1221 COIT ROAD, LLC
		  	DC-5000 BOWEN ROAD, LLC
		  	HC-8451 PEARL STREET, LLC
		  	HC-3873 N. PARKVIEW DRIVE, LLC
		  	DC-2 CHRISTIE HEIGHTS, LLC
		  	HC-2257 KARISA DRIVE, LLC
		  	HC-239 S. MOUNTAIN BOULEVARD MANAGEMENT, LLC
		  	DC-15 SHATTUCK ROAD, LLC
		  	DC-5150 MCCRIMMON PARKWAY, LLC
		  	HC-1940 TOWN PARK BOULEVARD, LLC
		  	HC-1946 TOWN PARK BOULEVARD, LLC
		  	HC-17322 RED OAK DRIVE, LLC
		  	DC-N15W24250 RIVERWOOD DRIVE, LLC
		  	HC-10323 STATE HIGHWAY 151, LLC
		  	HC-5101 MEDICAL DRIVE, LLC
		  	HC-5330 N. LOOP 1604 WEST, LLC
		  	HC-3436 MASONIC DRIVE, LLC
		  	HC-42570 SOUTH AIRPORT ROAD, LLC
		  	DC-1805 CENTER PARK DRIVE, LLC
		  	DC-615 NORTH 48TH STREET, LLC
		  	DC-8521 EAST PRINCESS DRIVE, LLC
		  	HCP-SELECT MEDICAL, LLC
		  	HC-1101 KALISTE SALOOM ROAD, LLC
		  	HC-116 EDDIE DOWLING HIGHWAY, LLC
		  	DC-1099 WALNUT RIDGE DRIVE, LLC
		  	HCP-DERMATOLOGY ASSOCIATES, LLC
		  	DC-1001 WINDWARD CONCOURSE, LLC
		  	HC-800 EAST 68TH STREET, LLC
		  	DC-1650 UNION HILL ROAD, LLC
		  	 HCP-RTS, LLC,
 each a
Delaware limited liability company

			
		  	By:	  	Carter/Validus Operating Partnership, LP, a Delaware limited partnership, their sole member
				
		  		  	By:	  	Carter Validus Mission Critical REIT, Inc., a Maryland corporation, its general partner
						
		  		  		  	By:	  	 /s/ Todd M. Sakow
	  	
		  		  		  	Name:	  	Todd M. Sakow	  	
		  		  		  	Title:	  	Chief Financial Officer	  	
	
	 (CORPORATE SEAL)

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

															
		  	HC-239 S. MOUNTAIN BOULEVARD, LP, a Delaware limited partnership
			
		  	By:	  	HC-239 S. Mountain Boulevard Management, LLC, a Delaware limited liability company, its sole general partner
				
		  		  	By:	  	Carter/Validus Operating Partnership, LP,
 a Delaware limited partnership, its sole member

					
		  		  		  	By:	  	 Carter Validus Mission Critical REIT,

Inc., a Maryland corporation, its General Partner

							
		  		  		  		  	By:	  	 /s/ Todd M. Sakow
	  	
		  		  		  		  	Name:	  	Todd M. Sakow	  	
		  		  		  		  	Title:	  	Chief Financial Officer
		
	 (CORPORATE SEAL)
	  	
		
		  	GREEN MEDICAL INVESTORS, LLP, a Florida limited liability limited partnership
			
		  	By:	  	HC-1946 Town Park Boulevard, LLC, a Delaware limited liability company, its general partner
				
		  		  	By:	  	Carter/Validus Operating Partnership, LP, a Delaware limited partnership, its sole member
					
		  		  		  	By:	  	Carter Validus Mission Critical REIT, Inc., a Maryland corporation, its general partner
							
		  		  		  	By:	  	 /s/ Todd M. Sakow
	  		  	
		  		  		  	Name:	  	Todd M. Sakow	  		  	
		  		  		  	Title:	  	Chief Financial Officer	  	
		
	 (CORPORATE SEAL)
	  	

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

													
		  	GREEN WELLNESS INVESTORS, LLP, a Florida limited liability limited partnership
			
		  	By:	  	HC-1940 Town Park Boulevard, LLC, a Delaware limited liability company, its general partner
				
		  		  	By:	  	Carter/Validus Operating Partnership, LP, a Delaware limited partnership, its sole member
					
		  		  		  	By:	  	Carter Validus Mission Critical REIT, Inc., a Maryland corporation, its general partner
							
		  		  		  		  	By:	  	 /s/ Todd M. Sakow
	  	
		  		  		  		  	Name:	  	Todd M. Sakow	  	
		  		  		  		  	Title:	  	Chief Financial Officer
	
	 (CORPORATE SEAL)

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

																	
		  	HC-77-840 FLORA ROAD, LLC	  	
		  	HC-40055 BOB HOPE DRIVE, LLC	  	
		  	HC-5829 29 PALMS HIGHWAY, LLC	  	
		  	HC-8991 BRIGHTON LANE, LLC	  	
		  	HC-6555 CORTEZ, LLC	  	
		  	HC-601 REDSTONE AVENUE WEST, LLC	  	
		  	HC-2270 COLONIAL BLVD, LLC	  	
		  	HC-2234 COLONIAL BLVD, LLC	  	
		  	HC-1026 MAR WALT DRIVE, NW, LLC	  	
		  	HC-7751 BAYMEADOWS RD. E., LLC	  	
		  	HC-1120 LEE BOULEVARD, LLC	  	
		  	HC-8625 COLLIER BLVD., LLC	  	
		  	HC-6879 US HIGHWAY 98 WEST, LLC	  	
		  	HC-7850 N. UNIVERSITY DRIVE, LLC	  	
		  	HC-#2 PHYSICIANS PARK DR., LLC	  	
		  	HC-52 NORTH PECOS ROAD, LLC	  	
		  	HC-6160 S. FORT APACHE ROAD, LLC	  	
		  	HC-187 SKYLAR DRIVE, LLC	  	
		  	HC-860 PARKVIEW DRIVE NORTH, UNITS A&B, LLC	  	
		  	 HC-6310 HEALTH PKWY, UNITS 100 & 200, LLC,

each a Delaware limited liability company
	  	
			
		  	      By:	  	HCP-RTS, LLC, a Delaware limited liability company, their sole member
				
		  		  	By:	  	Carter/Validus Operating Partnership, LP, a Delaware limited partnership, its sole member
					
		  		  		  	By:	  	Carter Validus Mission Critical REIT, Inc., a Maryland corporation, its general partner
								
		  		  		  		  		  	By:	  	 /s/ Todd M. Sakow
	  	
		  		  		  		  		  	Name:	  	Todd M. Sakow	  	
		  		  		  		  		  	Title:	  	Chief Financial Officer
	
	 (CORPORATE SEAL)

 [INCLUDE ADDITIONAL SUBSIDIARY GUARANTORS] 

[SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	AGENT AND LENDERS:
	
	KEYBANK NATIONAL ASSOCIATION,
	individually and as Agent
		
	By:	 	 /s/ Kristin Centracchio

	Name:	 	Kristin Centracchio
	Title:	 	Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

  

			
	BANK OF AMERICA, N.A., individually and as Co-Syndication Agent
		
	By:	 	 /s/ Christopher J. Thompson

	Name:	 	Christopher J. Thompson
	Title:	 	Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	CAPITAL ONE, NATIONAL ASSOCIATION, individually and as Documentation Agent
		
	By:	 	 /s/ Todd Gordon

	Name:	 	Todd Gordon
	Title:	 	Managing Director

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	SUNTRUST BANK, individually and as Co-Syndication Agent
		
	By:	 	 /s/ Danny Stover

	Name:	 	Danny Stover
	Title:	 	First Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	RBS CITIZENS, N.A.
		
	By:	 	 /s/ Brad Bindas

	Name:	 	Brad Bindas
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	SYNOVUS BANK
		
	By:	 	 /s/ David W. Bowman

	Name:	 	David W. Bowman
	Title:	 	Director

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	CADENCE BANK, N.A.
		
	By:	 	 /s/ Drew Healy

	Name:	 	Drew Healy
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	TEXAS CAPITAL BANK, N.A.
		
	By:	 	 /s/ Rob Delph

	Name:	 	Rob Delph
	Title:	 	Executive Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	FIFTH THIRD BANK, an Ohio corporation, individually and as Co-Syndication Agent
		
	By:	 	 /s/ John Reynolds

	Name:	 	John Reynolds
	Title:	 	Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	EASTERN BANK

		
	By:	 	 /s/ Jared H. Ward

	Name:	 	Jared H. Ward
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	UNITED COMMUNITY BANK
		
	By:	 	 /s/ Charles D. Chamberlain

	Name:	 	Charles D. Chamberlain
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	HANCOCK BANK, a trade name of Whitney Bank
		
	By:	 	 /s/ Brian Hendricks

	Name:	 	Brian Hendricks
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	WOODFOREST NATIONAL BANK
		
	By:	 	 /s/ Christin Allphin

	Name:	 	Christin Allphin
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. SILICON VALLEY BRANCH
		
	By:	 	 /s/ Nian Tyz Yeh

	Name:	 	Nian Tyz Yeh
	Title:	 	V.P. & G.M.

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/CV Reit I:
Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents 

 
			
	AMERICAN MOMENTUM BANK
		
	By:	 	 /s/ Teresa Eoff

	Name:	 	Teresa Eoff
	Title:	 	Senior Vice President

 [SIGNATURES CONTINUED ON NEXT PAGE] 

  
 KeyBank/Carter
Validus: Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents

 
			
	RENASANT BANK
		
	By:	 	 /s/ Craig Gardella

	Name:	 	Craig Gardella
	Title:	 	Executive Vice President

  
 KeyBank/Carter
Validus: Signature Page to First Amendment to 
 Second Amended and Restated Credit Agreement and Amendment To Other Loan Documents

 SCHEDULE 1.1 

LENDERS AND COMMITMENTS 

REVOLVING CREDIT COMMITMENTS 
  

									
	 Name and Address
	  	Revolving Credit
Commitment	 	  	Revolving Credit
Commitment Percentage	 
	 KeyBank National Association
 1200 Abernathy
Road, Suite 1550
 Atlanta, Georgia 30328
 Attention: Daniel
Stegemoeller
 Telephone: 770-510-2102
 Facsimile:
770-510-2195
	  	$	50,950,000.00	  	  	 	12.7375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Capital One, National Association
 4445 Willard
Ave, 6th Floor
 Chevy Chase, Maryland 20815
 Attn: Nathan
Brenneman
 Telecopy: 301-280-0299
 Telephone:
301-280-0215
	  	$	50,950,000.00	  	  	 	12.7375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Bank of America, N.A.
 One Bank of America
Plaza
 421 Fayetteville Street, Suite 1706
 Raleigh, North
Carolina 27601
 Attn: Patricia H. Gardenhire
 Telephone:
919-829-6683
 Facsimile: 919-829-6713
	  	$	50,950,000.00	  	  	 	12.7375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
1 

									
	 Name and Address
	  	Revolving Credit
Commitment	 	  	Revolving Credit
Commitment Percentage	 
	 SunTrust Bank
 8330 Boone Boulevard, Suite
800
 Vienna, Virginia 22812
 Attn: Nancy B. Richards

Telephone: 703-442-1557
 Facsimile: 703-442-1570
	  	$	50,950,000.00	  	  	 	12.7375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 RBS Citizens, N.A.
 1215 Superior Avenue

Cleveland, Ohio 44114
 Attn: Brad Bindas

Telephone: 216-277-0507
 Facsimile: 216-277-7577
	  	$	31,800,000.00	  	  	 	7.95	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Synovus Bank
 800 Shades Creek Parkway

Birmingham, Alabama 35209
 Attention: Virgie Johnson

Telephone: 205-868-4840
 Facsimile: 205-868-4749
	  	$	28,350,000.00	  	  	 	7.0875	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Cadence Bank, N.A.
 3100 West End, Suite 175

Nashville, Tennessee 37203
 Attn: Drew Healy

Telephone: 615-245-0209
 Facsimile:
                    
	  	$	26,100,000.00	  	  	 	6.525	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
2 

									
	 Name and Address
	  	Revolving Credit
Commitment	 	  	Revolving Credit
Commitment Percentage	 
	 Texas Capital Bank, N.A.
 2000 McKinney Avenue,
Suite 700
 Dallas, Texas 75201
 Attention: Rob Delph

Telephone: 214-932-6607
 Facsimile: 214-932-6864
	  	$	26,100,000.00	  	  	 	6.525	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Fifth Third Bank
 1000 Town Center MD JTWN4I

Southfield, Michigan 48075
 Attn: Chris Roper

Telephone: 248-603-0128
 Facsimile: 248-603-0583
	  	$	22,450,000.00	  	  	 	5.6125	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Eastern Bank
 605 Broadway, LF-24

Saugus, Massachusetts 01906
 Attn: Jared H. Ward

Telephone: 781-581-4261
 Facsimile: 781-581-4225
	  	$	14,150,000.00	  	  	 	3.5375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 United Community Bank
 40 W. Broad Street, Suite
510
 Greenville, South Carolina 29601
 Attn: Charles D.
Chamberlain
 Telephone:                    

Facsimile:                    
	  	$	11,900,000.00	  	  	 	2.975	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
3 

									
	 Name and Address
	  	Revolving Credit
Commitment	 	  	Revolving Credit
Commitment Percentage	 
	 Hancock Bank
 2202 N. Westshore Blvd., Suite
150
Tampa, Florida 33607
 Attn: Laura Musella
 Telephone:
727-287-3219
 Facsimile: 813-877-7481
	  	$	11,225,000.00	  	  	 	2.80625	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Woodforest National Bank
 25234 Grogans Mill
Road, Suite 450
 The Woodlands, Texas 77380
 Attn: Laurie
Blanton
 Telephone: 832-375-2122
 Facsimile:
832-375-3122
	  	$	8,975,000.00	  	  	 	2.24375	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Renasant Bank
 1820 West End Avenue

Nashville, Tennessee 37203
 Attn: Craig Gardella

Telephone: 615-234-1625
 Facsimile: 615-340-3027
	  	$	6,700,000.00	  	  	 	1.675	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Mega International Commercial Bank Co.,
Ltd. Silicon Valley Branch

333 W. San Carlos Street, Suite 100
 San Jose, California
95110
 Attn: Christine Ma
 Telephone: 408-283-1888

Facsimile: 408-283-1678
	  	$	4,500,000.00	  	  	 	1.125	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
4 

									
	 Name and Address
	  	Revolving Credit
Commitment	 	  	Revolving Credit
Commitment Percentage	 
	 American Momentum Bank
 One Momentum
Boulevard
 College Station, Texas 77845
 Attn: Teresa Eoff

Telephone: 979-599-9374
 Facsimile: 979-599-5019
	  	$	3,950,000.00	  	  	 	0.9875	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
		  	  
	  
	 	  	  
	  
	 
	TOTAL	  	$	400,000,000.00	  	  	 	100.0	% 
		  	  
	  
	 	  	  
	  
	 

  
 Schedule 1.1 – Page
5 

 TERM LOAN COMMITMENTS 

 

									
	 Name and Address
	  	Term Loan
Commitment	 	  	Term Loan
Commitment Percentage	 
	 KeyBank National Association
 1200 Abernathy
Road, N.E., Suite 1550
 Atlanta, Georgia 30328
 Attention:
Daniel Stegemoeller
 Telephone: 770-510-2102
 Facsimile:
770-510-2195
	  	$	10,275,000.00	  	  	 	13.70	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Capital One, National Association
 4445 Willard
Avenue, 6th Floor
 Chevy Chase, Maryland 20815
 Attn: Nathan
Brenneman
 Telephone: 301-280-0215
 Facsimile:
301-280-0299
	  	$	10,275,000.00	  	  	 	13.70	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Bank of America, N.A.
 One Bank of America
Plaza
 421 Fayetteville Street, Suite 1706
 Raleigh, North
Carolina 27601
 Attn: Patricia H. Gardenhire
 Telephone:
919-829-6683
 Facsimile: 919-829-6713
	  	$	10,275,000.00	  	  	 	13.70	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 SunTrust Bank
 8330 Boone Boulevard, Suite
800
 Vienna, Virginia 22812
 Attn: Nancy B. Richards

Telephone: 703-442-1557
 Facsimile: 703-442-1570
	  	$	10,275,000.00	  	  	 	13.70	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
1 

									
	 Name and Address
	  	Term Loan
Commitment	 	  	Term Loan
Commitment Percentage	 
	 RBS Citizens, N.A.
 1215 Superior Avenue

Cleveland, Ohio 44114
 Attn: Brad Bindas

Telephone: 216-277-0507
 Facsimile: 216-277-7577
	  	$	8,200,000.00	  	  	 	10.93333333	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Cadence Bank, N.A.
 3100 West End, Suite 175

Nashville, Tennessee 37203
 Attn: Drew Healy

Telephone: 615-245-0209
 Facsimile:
                    
	  	$	6,150,000.00	  	  	 	8.20	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Synovus Bank
 800 Shades Creek Parkway

Birmingham, Alabama 35209
 Attention: Virgie Johnson

Telephone: 205-868-4840
 Facsimile: 205-868-4749
	  	$	6,150,000.00	  	  	 	8.20	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Texas Capital Bank, N.A.
 2000 McKinney Avenue,
Suite 700
 Dallas, Texas 75201
 Attention: Rob Delph

Telephone: 214-932-6607
 Facsimile: 214-932-6864
	  	$	6,150,000.00	  	  	 	8.20	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Eastern Bank
 605 Broadway, LF-24

Saugus, Massachusetts 01906
 Attn: Jared H. Ward

Telephone: 781-581-4261
 Facsimile: 781-581-4225
	  	$	3,100,000.00	  	  	 	4.13333333	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
2 

									
	 Name and Address
	  	Term Loan
Commitment	 	  	Term Loan
Commitment Percentage	 
	 United Community Bank
 40 W. Broad St. Suite
510
 Greenville, South Carolina 29601
 Attn: Charles D.
Chamberlain
 Telephone:                    

Facsimile:                    
	  	$	3,100,000.00	  	  	 	4.13333333	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 American Momentum Bank
 One Momentum
Boulevard
 College Station, Texas 77845
 Attn: Teresa Eoff

Telephone: 979-599-9374
 Facsimile: 979-599-5019
	  	$	1,050,000.00	  	  	 	1.40	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
		  	  
	  
	 	  	  
	  
	 
	TOTAL	  	$	75,000,000.00	  	  	 	100.0	% 
		  	  
	  
	 	  	  
	  
	 

  
 Schedule 1.1 – Page
3 

 TOTAL COMMITMENTS 

 

									
	 Name and Address
	  	Total Commitment	 	  	Total Commitment
Percentage	 
	 KeyBank National Association
 1200 Abernathy
Road, N.E., Suite 1550
 Atlanta, Georgia 30328
 Attention:
Daniel Stegemoeller
 Telephone: 770-510-2102
 Facsimile:
770-510-2195
	  	$	61,225,000.00	  	  	 	12.889473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Capital One, National Association
 4445 Willard
Avenue, 6th Floor
 Chevy Chase, Maryland 20815
 Attn: Nathan
Brenneman
 Telephone: 301-280-0215
 Facsimile:
301-280-0299
	  	$	61,225,000.00	  	  	 	12.889473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Bank of America, N.A.
 One Bank of America
Plaza
 421 Fayetteville Street, Suite 1706
 Raleigh, North
Carolina 27601
 Attn: Patricia H. Gardenhire
 Telephone:
919-829-6683
 Facsimile: 919-829-6713
	  	$	61,225,000.00	  	  	 	12.889473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 SunTrust Bank
 8330 Boone Boulevard, Suite
800
 Vienna, Virginia 22812
 Attn: Nancy B. Richards

Telephone: 703-442-1557
 Facsimile: 703-442-1570
	  	$	61,225,000.00	  	  	 	12.889473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
4 

									
	 Name and Address
	  	Total Commitment	 	  	Total Commitment
Percentage	 
	 RBS Citizens, N.A.
 1215 Superior Avenue

Cleveland, Ohio 44114
 Attn: Brad Bindas

Telephone: 216-277-0507
 Facsimile: 216-277-7577
	  	$	40,000,000.00	  	  	 	8.421052632	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Synovus Bank
 800 Shades Creek Parkway

Birmingham, Alabama 35209
 Attention: Virgie Johnson

Telephone: 205-868-4840
 Facsimile: 205-868-4749
	  	$	34,500,000.00	  	  	 	7.263157895	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Cadence Bank, N.A.
 3100 West End, Suite 175

Nashville, Tennessee 37203
 Attn: Drew Healy

Telephone: 615-245-0209
 Facsimile:
                    
	  	$	32,250,000.00	  	  	 	6.789473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Texas Capital Bank, N.A.
 2000 McKinney Avenue,
Suite 700
 Dallas, Texas 75201
 Attention: Rob Delph

Telephone: 214-932-6607
 Facsimile: 214-932-6864
	  	$	32,250,000.00	  	  	 	6.789473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Fifth Third Bank
 1000 Town Center MD JTWN4I

Southfield, Michigan 48075
 Attn: Chris Roper

Telephone: 248-603-0128
 Facsimile: 248-603-0583
	  	$	22,450,000.00	  	  	 	4.726315789	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
5 

									
	 Name and Address
	  	Total Commitment	 	  	Total Commitment
Percentage	 
	 Eastern Bank
 605 Broadway, LF-24

Saugus, Massachusetts 01906
 Attn: Jared H. Ward

Telephone: 781-581-4261
 Facsimile: 781-581-4225
	  	$	17,250,000.00	  	  	 	3.631578947	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 United Community Bank
 40 W. Broad Street, Suite
510
 Greenville, South Carolina 29601
 Attn: Charles D.
Chamberlain
 Telephone:                    

Facsimile:                    
	  	$	15,000,000.00	  	  	 	3.157894737	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Hancock Bank
 2202 N. Westshore Blvd., Suite
150
 Tampa, Florida 33607
 Attn: Laura Musella

Telephone: 727-287-3219
 Facsimile: 813-877-7481
	  	$	11,225,000.00	  	  	 	2.363157895	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Woodforest National Bank
 25234 Grogans Mill
Road, Suite 450
 The Woodlands, Texas 77380
 Attn: Laurie
Blanton
 Telephone: 832-375-2122
 Facsimile:
832-375-3122
	  	$	8,975,000.00	  	  	 	1.889473684	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			

  
 Schedule 1.1 – Page
6 

									
	 Name and Address
	  	Total Commitment	 	  	Total Commitment
Percentage	 
	 Renasant Bank
 1820 West End Avenue

Nashville, Tennessee 37203
 Attn: Craig Gardella

Telephone: 615-234-1625
 Facsimile: 615-340-3027
	  	$	6,700,000.00	  	  	 	1.410256316	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 American Momentum Bank
 One Momentum
Boulevard
 College Station, Texas 77845
 Attn: Teresa Eoff

Telephone: 979-599-9374
 Facsimile: 979-599-5019
	  	$	5,000,000.00	  	  	 	1.052631579	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
			
	 Mega International Commercial Bank Co.,
 Ltd.
Silicon Valley Branch
 333 W. San Carlos Street, Suite 100
 San
Jose, California 95110
 Attn: Christine Ma
 Telephone:
408-283-1888
 Facsimile: 408-283-1678
	  	$	4,500,000.00	  	  	 	0.947368421	% 
			
	 LIBOR Lending Office
 Same as Above
	  				  			
		  	  
	  
	 	  	  
	  
	 
	TOTAL	  	$	475,000,000.00	  	  	 	100.0	% 
		  	  
	  
	 	  	  
	  
	 

  
 Schedule 1.1 – Page
7

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