Document:

Exhibit

Exhibit 10.58
JOINDER AND FIRST AMENDMENT TO  
MASTER LEASE AGREEMENT 
(LEASE NO. 5)
THIS JOINDER AND FIRST AMENDMENT TO MASTER LEASE AGREEMENT (this “Amendment”) is made and entered into as of December 8, 2016, by and between SNH/LTA PROPERTIES TRUST, a Maryland real estate investment trust (“SNH Trust”), and SNH/LTA PROPERTIES GA LLC, a Maryland limited liability company (“SNH LLC”), as landlord (collectively, “Landlord”), and FIVE STAR QUALITY CARE TRUST, a Maryland statutory trust, as tenant (“Tenant”).
W I T N E S S E T H:
WHEREAS, pursuant to the terms of that certain Master Lease Agreement (Lease No. 5), dated as of June 29, 2016 (the “Lease”), SNH Trust leases to Tenant, and Tenant leases from SNH Trust, the Leased Property (this and other capitalized terms used but not otherwise defined herein having the meanings given such terms in the Lease), all as more particularly described in the Lease; and
WHEREAS, simultaneously herewith, SNH LLC is acquiring certain real property and related improvements comprising the assisted living communities known as The Fountains of Shiloh, having an address at 1201 Hartman Lane, Shiloh, Illinois 62221, and The Fountains of Troy, having an address at 39 Dorothy Drive, Troy, Illinois 62294 (collectively, the “Fountains Properties”); and
WHEREAS, SNH LLC wishes to lease the Fountains Properties to Tenant pursuant to the Lease, and Tenant wishes to lease the Fountains Properties from SNH LLC  pursuant to the Lease;
NOW, THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree that, from and after the date hereof, the Lease is hereby amended as follows:
1.    Joinder.  SNH LLC joins into the Lease as if SNH LLC had originally executed and delivered the Lease as Landlord thereunder. 
2.    Commencement Date.  All references in the Lease to the term “Commencement Date” shall mean, with respect to the Fountains Properties, the date of this Amendment. 
3.    Landlord.  All references in the Lease to the term “Landlord” shall mean and refer to SNH Trust and SNH LLC, collectively, and shall also include their respective successors and assigns.  

4.    Definition of Minimum Rent.  The definition of the term “Minimum Rent” set forth in Section 1.66 of the Lease is hereby deleted in its entirety and replaced with the following:
“Minimum Rent”  shall mean the sum of Nine Million Eight Hundred Twenty-One Thousand Two Hundred Fifty Dollars ($9,821,250.00) per annum.
6.    Leased Property.  Section 2.1(a) of the Lease is hereby amended by deleting the reference to “Exhibits A-1 through A-7” in the second line thereof and replacing it with a reference to “Exhibits A-1 through A-9”.
7.    Exhibit A.  Exhibit A to the Lease is hereby amended by adding Exhibit A-8 and Exhibit A-9 attached hereto immediately following Exhibit A-7 to the Lease.
8.    Ratification.  As amended hereby, the Lease is hereby ratified and confirmed and all other terms remain in full force and effect.

 [Remainder of this page intentionally left blank; Signature page follows]

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IN WITNESS WHEREOF, the parties have executed this Amendment as a sealed instrument as of the date above first written.  
LANDLORD:
SNH/LTA PROPERTIES TRUST
By: /s/ David J. Hegarty            
David J. Hegarty
President

SNH/LTA PROPERTIES GA LLC 
By:  /s/ David J. Hegarty            
David J. Hegarty
President

TENANT:
FIVE STAR QUALITY CARE TRUST

By: /s/ Bruce J. Mackey Jr.            
Bruce J. Mackey Jr.
President

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Fountains of Shiloh 
1201 Hartman Lane
Shiloh, Illinois 62221

EXHIBIT A-8

LEGAL DESCRIPTION 

(See attached copy.)

PARCEL 1:
A tract of land being part of the Northwest Quarter of Section 1, Township 1 North, Range 8 West of the 3rd Principal
Meridian, St. Clair County, Illinois and more particularly described as follows:
Commencing at the Northwest corner of said Section 1; thence South 00 degrees 30 minutes 06 seconds West, along the West line of said Section 1, a distance of 1246.4 feet, more or less; thence South 89 degrees 29 minutes 54 seconds East,
perpendicular to the last described course a distance of 53.28 feet to the intersection of the Easterly Right of Way line of
County Highway 16 (also known as Hartman Lane) and the Northerly line of a tract of land described in the St. Clair County Recorder’s Office in Deed Book 3139 on page 330 and the point of beginning of the tract herein being described; thence North 03 degrees 46 minutes 20 seconds East, along said Easterly Right of Way line, a distance of 30.19 feet; thence North 00 degrees 30 minutes 06 seconds East, along said Easterly Right-of-Way line, a distance of 94.86 feet; thence South 89 degrees 29 minutes 54 seconds East, a distance of 554.48 feet; thence South 00 degrees 30 minutes 06 seconds West, a distance of 490.12 feet;
thence North 78 degrees 50 minutes 37 seconds West, a distance of 375.96 feet; thence North 77 degrees 34 minutes 39 seconds West, a distance of 199.30 feet to the Easterly Right-of-Way line of County Highway 16 (also known as Hartman Lane); thence North 00 degrees 30 minutes 06 seconds East, along said Easterly Right of Way line, a distance of 45.74 feet to the Southerly
line of said tract recorded in Deed Book 3139; thence South 89 degrees 29 minutes 54 seconds East along the Southerly line of said tract a distance of 196.70 feet to the Southeast corner of said tract; thence North 00 degrees 30 minutes 06 seconds East along the Easterly line of said tract, a distance of 208.70 feet to the Northeast corner of said tract; thence North 89 degrees 29 minutes 54 seconds West, a distance of 188.42 feet to said Easterly Right-of-Way; to the point of beginning.
Excepting any part falling within the right of way of Hartman Lane.
Except the coal, gas and other mineral rights excepted or reserved in prior conveyances.
Situated in St. Clair County, Illinois.  
PPN # 08-01-0-100-008
PARCEL 2:
Part of the Northwest Quarter of Section 1 in Township 1 North Range 8 West of the 3rd Principal Meridian, St. Clair
County, Illinois and being more particularly described as follows, to-wit:

Commencing at the Northwest corner of said Section 1, said point being on the centerline of “Hartman Lane” (County Highway 16); running thence Southerly along the centerline “Hartman Lane”‘ a distance of 1,498.29 feet a a point; running
thence Easterly at right angles a distance of 33.0 feet to a point on the East Right of Way line of said “Hartman Lane”, said
point being the Point of Beginning of the tract herein being described; running thence Southerly at right angles along said
Right of Way line a distance of 370.33 feet to a point; running thence Easterly along a line making a clockwise angle from the last described course of 88 degrees 58 minutes 20 seconds a distance of 445.97 feet to a point; running thence Northerly along a line malting a clockwise angle from the last described course of96 degrees 18 minutes 34 seconds a distance of 271.20 feet to a point; running thence Northwesterly along a line making a clockwise angle from the last described course of 95 degrees 15
minutes 26 seconds a distance of 266.51 feet to a point; running thence Northwesterly along a line malting a clockwise angle
from the last described course of 181 degrees 14 minutes 10 seconds a distance of 21.334 feet to the point of beginning.
Excepting any part falling within the right of way of Hartman Lane.
Except the coal, gas and other mineral rights excepted or reserved in prior conveyances. 
Situated in St. Clair County, Illinois.
PPN #08-01-0-100-004

Fountains of Troy 
39 Dorothy Drive 
Troy, Illinois 62294

EXHIBIT A-9

LEGAL DESCRIPTION 

Lot 1 in Ottwein Trust No. 1 Subdivision a part of the Northeast Quarter of Section 8, Township 3 North, Range 7 West, of the Third Principal Meridian, according to the plat thereof recorded in Plat Book 63, Page 66, in Madison County, Illinois.

Situated in Madison County, State of Illinois.

PPN:  09-2-22-08-02-202-101Exhibit

Exhibit 10.51
Forest City Realty Trust, Inc.

October 24, 2016
CONFIDENTIAL
RMS, Limited Partnership
50 Public Square
1600 Terminal Tower
Cleveland, OH 44113
Attn: Charles A. Ratner, General Partner

Dear Chuck:
This letter memorializes the agreement of Forest City Realty Trust, Inc. (the “Company”) to reimburse RMS, Limited Partnership (together with its officers, directors, employees, beneficiaries, trustees, representatives and agents, being referred to as “RMS”) and each natural and legal person named in Schedule I hereto and any direct and indirect transferee from any such person (if such transfer is made by means of a gift or bequest, and/or for liability, tax or estate planning purposes) of Class B Shares (as defined below) (each such natural or legal person or direct or indirect transferee, together with their respective officers, directors, employees, beneficiaries, trustees, representatives and agents, being referred to as a “Member of the Ratner Family,” and RMS and each Member of the Ratner Family, being referred to as a “Reimbursed Person”) for certain costs, fees, expenses, losses, damages and liabilities on the terms and subject to the conditions set forth herein.
On August 18, 2016, the Board of Directors of the Company formed a Special Committee to consider the merits of a potential transaction by which the shares of Class B common stock, $0.01 par value per share, of the Company (“Class B Shares”) would be eliminated, whether through reclassification, conversion, sale, or other similar transaction, including but not limited to an exchange for Class A common stock, $0.01 par value per share, of the Company or any other form of consideration (such potential transaction, whether or not consummated, the “Potential Transaction”).  In order to facilitate the Company’s desire to consider the merits of the Potential Transaction, the Company agrees to reimburse RMS to the fullest extent permitted by applicable law for amounts paid by RMS in respect of the reasonable and documented fees and out-of-pocket expenses of RMS’s financial, legal and public relations advisors incurred in evaluating and negotiating the Potential Transaction upon presentation to the Company of invoices with respect to such fees and expenses.
The Company further agrees to reimburse each Reimbursed Person to the fullest extent permitted by applicable law for (i) all reasonable costs and expenses (including reasonable fees and expenses of counsel) as they are incurred by such Reimbursed Person in connection with investigating, preparing, pursuing or defending any pending or threatened action, claim, suit, investigation or proceeding, whether brought directly or derivatively (in either case other than by a Reimbursed Person), related to, arising out of, resulting from, or in connection with, the Potential Transaction or the consideration or negotiation of the Potential Transaction (a “Proceeding”), to 

which such Reimbursed Person is a party or otherwise involved (whether or not as a party) in (other than by reason of his or her Corporate Status (as defined below), it being understood that in the case of any Proceeding to which any Reimbursed Person is a party or in which any Reimbursed Person is involved by reason of his or her Corporate Status, such Reimbursed Person shall be entitled to indemnification and exculpation in accordance with applicable law, the applicable provisions of the organizational documents of the relevant entity and any indemnification agreement with such Reimbursed Person), and (ii) any other losses, damages or liabilities actually and reasonably suffered or incurred in any such Proceeding (including reasonable amounts paid in settlement or compromise of any Proceeding) by such Reimbursed Person (other than by reason of his or her Corporate Status) related to, arising out of, as a result of, or in connection with, the Potential Transaction or the consideration or negotiation of the Potential Transaction.  Notwithstanding the foregoing, in the event that a court of competent jurisdiction issues a final, non-appealable order finding that a Reimbursed Person engaged in willful misconduct, bad faith, or active and deliberate dishonesty, the Company shall not have any indemnification obligations to that Reimbursed Person under this letter agreement, and that Reimbursed Person shall promptly return any and all payments previously received from the Company pursuant to this paragraph following the issuance of such order.  Corporate Status means the status of a natural person as a current or former director, officer, employee or agent of the Company or any subsidiary of the Company which such natural person is or was serving at the request of the Company.
With respect to fees and expenses actually and reasonably incurred by a Reimbursed Person in connection with an action brought by such Reimbursed Person for reimbursement from the Company hereunder, the Company shall only be obligated to reimburse such fees and expenses to the extent such Reimbursed Person is successful on such reimbursement claim or claims.
No Reimbursed Person may, without the Company’s prior written consent (which consent may not be unreasonably withheld, delayed or conditioned), settle, compromise, consent to the entry of any judgment in or otherwise seek to terminate any action, claim, suit or proceeding if such Reimbursed Person will seek reimbursement for amounts paid or payable by such Reimbursed Person pursuant to such settlement, compromise, consent to entry of any judgment or termination.  The Company will not settle, compromise, consent to the entry of any judgment in or otherwise seek to terminate any action, claim, suit or proceeding (whether or not any Reimbursed Person is a party thereto) in respect of which a Reimbursed Person is entitled to seek reimbursement hereunder without the prior written consent of such Reimbursed Person (which consent may not be unreasonably withheld, delayed or conditioned) unless any such settlement, compromise, consent or termination includes a full release of such Reimbursed Person from any losses, damages or liabilities arising out of such action, claim, suit or proceeding and does not involve any admission of liability by, or consent to injunctive relief against, such Reimbursed Person.

To obtain reimbursement hereunder, a Reimbursed Person must submit to the Company a written request accompanied by such documentation and information as is reasonably available to such Reimbursed Person and is reasonably necessary to determine whether and to what extent such Reimbursed Person is entitled to reimbursement hereunder.

The Company acknowledges and agrees that no Reimbursed Person is in any way assuming or becoming subject to, and no Reimbursed Person shall in any way be deemed to assume or be subject to, any fiduciary or other duty to the Company or any of its shareholders by reason of or as a result of this letter agreement or the terms hereof (including the Company’s agreement to pay the fees and expenses of the financial and legal advisors to RMS on the terms and subject to the conditions hereof), or any determination by any Reimbursed Person to consider, negotiate, enter into or consummate the Potential Transaction.

This letter agreement shall be governed by and construed in accordance with the internal laws of the State of Maryland without regard to the conflicts of laws rules thereof.  No supplement, modification or amendment of this letter agreement will be binding unless signed in writing by the parties hereto.

Please confirm that the foregoing is in accordance with your understanding by signing and returning to us a copy of this letter agreement, which shall become a binding agreement upon our receipt.

[Signature Page Follows]

Very truly yours,
FOREST CITY REALTY TRUST, INC.
By:/s/  David J. LaRue 
Name:    David J. LaRue
Title:        President and Chief Executive Officer    

Accepted and agreed to:
RMS, LIMITED PARTNERSHIP

By:   /s/ Charles A. Ratner 
Name:    Charles A. Ratner
Title:        General Partner
Date: October 24, 2016

[Signature Page to Letter Agreement]

Schedule I
		
	1.
	Aaron Miller

		
	2.
	Abraham Miller

		
	3.
	Abraham Miller 2009 Irrevocable Trust Agreement dated December 28, 2009

		
	4.
	Abraham Miller 2012 Family Trust Agreement dated December 21, 2012 FBO Jacob Miller

		
	5.
	Abraham Miller 2012 Family Trust Agreement dated December 21, 2012 FBO Max Miller

		
	6.
	Gabrielle Miller

		
	7.
	Gabrielle Miller Trust Agreement dated November 29, 1985, as amended and restated

		
	8.
	Jacob Miller

		
	9.
	Jacob Andrew Miller Trust Agreement dated March 12, 2010

		
	10.
	Max Miller

		
	11.
	Max Miller Revocable Trust

		
	12.
	Richard Miller

		
	13.
	Ruth Miller GST Exempt Trust Agreement dated July 5, 1985 FBO Gabrielle Miller

		
	14.
	Ruth Miller 1989 Grandchildren’s Trust Agreement dated December 1, 1989 FBO Elena Miller

		
	15.
	Ruth Miller 1989 Grandchildren’s Trust Agreement dated December 5, 1989 FBO Jacob Miller

		
	16.
	Ruth Miller 1989 Grandchildren’s Trust Agreement dated December 1, 1989 FBO Max Miller

		
	17.
	Ruth Miller 1995 Irrevocable Trust Agreement dated December 28, 1995 FBO Elena Miller

		
	18.
	Samuel L. Miller

		
	19.
	The Sam Miller Trust

		
	20.
	Albert B. Ratner

		
	21.
	Albert B. Ratner 1986 Remainder Interest Trust Agreement dated December 29, 1986

		
	22.
	Albert B. Ratner 1986 Grandchildren’s Trust Agreement dated December 29, 1986 FBO David Ratner

		
	23.
	Albert B. Ratner 1989 Grandchildren’s Trust Agreement dated June 12, 1989 FBO Anna Salzberg

		
	24.
	Albert B. Ratner 1989 Grandchildren’s Trust Agreement dated June 12, 1989 FBO David Ratner

		
	25.
	Albert B. Ratner 1989 Grandchildren’s Trust Agreement dated June 12, 1989 FBO Emily Ratner

		
	26.
	Albert B. Ratner 1989 Grandchildren’s Trust Agreement dated June 12, 1989 FBO Eric Salzberg

		
	27.
	Albert Ratner Trust Agreement dated August 17, 1985, as amended and restated

		
	28.
	Audrey Ratner

		
	29.
	Austin Ratner

		
	30.
	Austin G. Ratner 1992 Trust Agreement dated January 5, 1992, as amended and restated

		
	31.
	Brian J. Ratner 

		
	32.
	Brian J. Ratner Trust Agreement dated August 18, 1986, Revocation and Re-Creation of Trust and Restatement dated February 3, 2005, as amended and restated

		
	33.
	Charles Ratner

		
	34.
	Daniel E. Ratner 1994 Trust Agreement dated March 26, 1994

		
	35.
	Daniel G. Ratner

		
	36.
	Daniel G. Ratner Revocable Trust Agreement dated July 29, 1993, as amended and restated

		
	37.
	David J. Ratner

		
	38.
	David J. Ratner Trust Agreement dated May 4, 2008

		
	39.
	Deborah Ratner-Salzberg

		
	40.
	Deborah Ratner Salzberg Revocable Trust Agreement dated February 9, 1987, as amended and restated

		
	41.
	Emily Ratner

		
	42.
	Emily F. Ratner Revocable Trust Agreement dated August 15, 2007

		
	43.
	James Ratner

		
	44.
	James Ratner Revocable Trust Agreement dated December 4, 1981, as amended and restated

		
	45.
	James Ratner Trust Agreement dated December 5, 1983 FBO Austin Ratner

		
	46.
	Jonathan Ratner

		
	47.
	Jonathan Ratner 1992 Trust Agreement dated January 2, 1992

		
	48.
	Kevin Ratner

		
	49.
	Kevin Ratner 1986 Trust Agreement dated December 18, 1986, as amended and restated

		
	50.
	Mark Ratner

		
	51.
	Mark Ratner Revocable Trust Agreement dated September 10, 1983

		
	52.
	Mark Ratner Trust Agreement dated December 5, 1983 FBO Daniel E. Ratner

		
	53.
	Mark Ratner 1986 Family Trust Agreement dated December 18, 1986 FBO Daniel E. Ratner

		
	54.
	Mark Ratner 1989 Irrevocable Trust Agreement dated May 9, 1989 FBO Daniel E. Ratner

		
	55.
	Max Ratner 1986 Family Trust Agreement dated December 18, 1986 FBO Adam Ratner

		
	56.
	Max Ratner 1986 Family Trust Agreement dated December 18, 1986 FBO Sarah Ratner

		
	57.
	Max Ratner 1988 Grandchildren’s Trust Agreement dated December 21, 1988 FBO Daniel E. Ratner

		
	58.
	Max Ratner 1988 Grandchildren’s Trust Agreement dated December 21, 1988 FBO Daniel G. Ratner

		
	59.
	Max Ratner 1988 Grandchildren’s Trust Agreement dated December 21, 1988 FBO Matthew Ratner

		
	60.
	Max Ratner 1988 Grandchildren’s Trust Agreement dated December 21, 1988 FBO Sarah Ratner

		
	61.
	Max Ratner Family 1999 Irrevocable Trust Agreement dated December 28, 1999 FBO Adam Ratner

		
	62.
	Nancy Ratner

		
	63.
	Rachel Ratner

		
	64.
	Rachel Ratner 1988 Trust Agreement dated November 26, 1988

		
	65.
	Ronald Ratner

		
	66.
	Ronald Ratner Revocable Trust Agreement dated December 18, 1986, as amended and restated

		
	67.
	Stacy Ratner 1994 Trust Agreement dated March 26, 1994, as amended and restated

		
	68.
	Tawny Ratner

		
	69.
	Anna Salzberg

		
	70.
	Anna Salzberg Trust Agreement dated September 30, 2009

		
	71.
	Joan K. Shafran

		
	72.
	Joseph M. Shafran

		
	73.
	Paula Shafran Krulak

		
	74.
	Powell Partners, Ltd.

		
	75.
	The Berimore Company, P.L.L.

		
	76.
	Bruce Geier

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