Document:

Form of Expense Support and Restricted Stock Agreement

 Exhibit 10.4 

Form of Expense Support and Restricted Stock Agreement 

This Expense Support and Restricted Stock Agreement (this “Agreement”), is made effective as of [    ],
2016 (the “Commencement Date”) by and among CNL Healthcare Properties II, Inc. (the “Company”) and CHP II Advisors, LLC (the “Advisor”). 

WHEREAS, the Company has filed with the U. S. Securities and Exchange Commission a registration statement on Form S-11 (File
No. 333-206017) covering the continuous offering and sale of the Company’s common stock pursuant to the Securities Act of 1933, as amended (as it may be amended from time to time, the “Registration Statement”); and 

WHEREAS, the Company and the Advisor have entered into an Advisory Agreement dated as of [    ], 2016 (as it
may be amended from time to time, the “Advisory Agreement”); and 
 WHEREAS, the Company is a REIT and, similar to other
REITs, monitors its modified funds from operations, and has incurred, and continues to incur a certain level of operating expenses; and 

WHEREAS, the Company and the Advisor have determined that it is appropriate and in the best interests of the Company to reduce its
operating expenses relative to its invested assets. 
 NOW THEREFORE, in consideration of the premises and the mutual agreements
herein contained, and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties hereto agree as follows: 

Note: Capitalized terms not otherwise defined herein have the meaning ascribed to them in the Advisory Agreement. As used herein, the
following capitalized terms shall have the following meanings: 
 Board – shall have the meaning ascribed to such term in
the Advisory Agreement. 
 Cause – shall have the meaning ascribed to such term in the Advisory Agreement. 

Class A Common Shares – shall mean the Class A shares of common stock, par value $0.01 per share, of the
Corporation. 
 Common Shares – shall have the meaning ascribed to such term in the Advisory Agreement. 

Determination Date – shall have the meaning ascribed to such term in this Agreement. 

Distributions – shall have the meaning ascribed to such term in the Advisory Agreement; provided, however, that for
purposes of Section 3 only of this Agreement the term shall exclude any Distributions made on Restricted Stock and any other Common Shares held by the Advisor. 

Expense Support Amount – shall have the meaning ascribed to such term in this Agreement. 

Good Reason – shall have the meaning ascribed to such term in the Advisory Agreement. 

Invested Capital – shall have the meaning ascribed to such term in the Advisory Agreement; provided, however, that for
purposes of this Agreement the term shall exclude Invested Capital, if any, relating to Restricted Stock and any other Common Shares held by the Advisor. 

 Liquidity Event– shall have the meaning ascribed to such term in the Advisory
Agreement. 
 Liquidity Event Consideration – shall mean the Net Sales Proceeds or other consideration to be received or
received by the Stockholders or attributable to the Common Shares held by Stockholders in connection with a Liquidity Event, which may consist in whole or in part of money or other property, including shares of stock in, and/or other securities of,
any other corporation or other entity. 
 MFFO – shall mean “modified funds from operations” as defined and
presented in the Company’s most recent Form 10-Q or Form 10-K filed pursuant to the Securities Exchange Act of 1934, as amended. 

Net Sales Proceeds – shall have the meaning ascribed to such term in the Advisory Agreement. 

Priority Return– shall have the meaning ascribed to such term in the Advisory Agreement; and for avoidance of doubt, does
not included shares of Restricted Stock or any other Common Shares held by the Advisor. 
 Restricted Stock – shall have
the meaning ascribed to such term in this Agreement. 
 Sale – shall have the meaning ascribed to such term in the
Advisory Agreement. 
 Stockholders – shall have the meaning ascribed to such term in the Advisory Agreement; provided,
however, that for purposes of this Agreement the term shall exclude the Advisor. 
  

	1)	Expense Support. Beginning on the Commencement Date and continuing until terminated as provided herein, the Advisor shall provide expense support to the Company through forgoing the payment of fees in cash and
acceptance of Restricted Stock for services as provided herein, in an amount equal to the positive excess, if any, of (a) aggregate stockholder cash distributions paid in the applicable quarter, over (b) the Company’s aggregate MFFO
for the same period (the “Expense Support Amount”). The Expense Support Amount shall be determined for each calendar quarter of the Company, on a non-cumulative basis, with each such quarter-end date, a “Determination
Date”. The Expense Support Amount will be credited by the Advisor to the Company in satisfaction of Asset Management Fees and other fees and expenses owed to the Advisor under the Advisory Agreement, at the Advisor’s discretion.

  

	2)	Grant of Restricted Stock. In exchange for services rendered under the Advisory Agreement and in consideration of the expense support provided by the Advisor as set forth in Section 1, the Company shall
issue to the Advisor, within forty-five (45) days following each Determination Date that is other than December 31 of a calendar year and within ninety (90) days following each Determination Date that is December 31 of a calendar
year, a number of Class A Common Shares (the “Restricted Stock”) equal to the quotient of (A) the Expense Support Amount for the preceding quarter divided by (B) the Board’s most recent determination of net asset
value per share of the Class A Common Shares, if the Board has made such a determination, or otherwise the most recent public offering price per Class A Common Share, on the terms and conditions and subject to the restrictions set forth in
this Agreement. 

  

	3)	Vesting; Forfeiture. For purposes of the vesting provisions below, each share of Restricted Stock shall be deemed to have a value equal to the Board’s most recent determination of net asset value per share
of the Class A Common Shares, unless the Board has not made such a determination, in which case each share of Restricted Stock shall be deemed to have a value equal to the Board’s most recent determination of net asset value per share of
the Class A Common Shares, if the Board has made such a determination, or otherwise the most recent public offering price per Class A Common Share. 

 (a) Liquidity Event. Except as otherwise provided in Section 3(b), below, the
Restricted Stock shall vest immediately prior to or upon the occurrence of a Liquidity Event in which, and only to the extent by which, (A) the sum of (i) the Liquidity Event Consideration, or other value
attributable to the Common Shares of the Stockholders as a result of the Liquidity Event, plus (ii) total Distributions declared from the Company’s inception through the effective date of the Liquidity Event, exceeds
(B) the sum of (i) Invested Capital, plus (ii) the total Distributions required to pay a Priority Return to the Stockholders from the Company’s inception through the effective date of
the Liquidity Event. All issued and outstanding shares of Restricted Stock that do not so vest in connection with a Liquidity Event shall be immediately and permanently forfeited. 

(b) Termination of the Advisory Agreement. 

(1) Without Cause. In the event the Advisory Agreement is terminated or not renewed by the Company without Cause prior to a Liquidity
Event, the Restricted Stock will immediately vest as of the effective date of such termination (an “Undue Termination”), provided that, and only to the extent by which, (A) the sum of
(i) Board’s most recent determination of net asset value per share of the Common Shares multiplied by the number of Common Shares issued and outstanding and held of record by the Stockholders (computed with respect to
separate classes of Common Shares as applicable), plus (ii) total Distributions declared with respect to Common Shares from the Company’s inception through the effective date of the Undue Termination, exceeds
(B) the sum of (i) Invested Capital, plus (ii) the total Distributions required to pay a Priority Return to the Stockholders from the Company’s inception through the effective date of
the Undue Termination. If the Board has not determined a net asset value per share of the Common Shares at the time of an Undue Termination, then the foregoing vesting will be calculated and occur immediately upon the Board’s determination of a
net asset value per share of the Common Shares or, if a Liquidity Event occurs first, then the vesting will be calculated and occur pursuant to Section 3(a). All issued and outstanding shares of Restricted Stock that do not so vest in
connection with an Undue Termination of the Advisor shall be immediately and permanently forfeited. 
 (2) For Cause. In the event
the Advisory Agreement is terminated or not renewed by the Company for Cause prior to a Liquidity Event, all of the issued and outstanding shares of the Restricted Stock shall be immediately and permanently forfeited. 

(3) Without Good Reason. In the event the Advisory Agreement is terminated or not renewed by the Advisor without Good Reason prior to a
Liquidity Event, all of the issued and outstanding shares of the Restricted Stock shall be immediately and permanently forfeited. 
 (4)
With Good Reason. In the event the Advisory Agreement is terminated or not renewed by the Advisor with Good Reason prior to a Liquidity Event, the Restricted Stock will continue to vest pursuant to Section 3(a). 

 (c) The Board’s good faith determination of the excess amount over the thresholds, and the
vesting or forfeiture of the Restricted Stock, in whole or in part, pursuant to Section 3(a) or Section 3(b)(1), above, shall be final and binding upon the Parties. 
  

	4)	[RESERVED] 

  

	5)	Certain Restrictions Prior to Vesting. Prior to the vesting of the Restricted Stock pursuant to Section 3, the Advisor shall not assign, alienate, pledge, attach, sell or otherwise transfer or
encumber the Restricted Stock or any of the rights relating thereto; and any such transfer or encumbrance or any attempt to transfer or encumber the Restricted Stock or the rights relating thereto shall be wholly ineffective and void ab
initio.” 

  

	6)	Rights as Stockholder; Dividends. 

  

	 	a)	The Advisor shall be the record owner of the Restricted Stock until such shares are sold or otherwise disposed of, and shall be entitled to all of the rights of a stockholder of the Company including, without
limitation, the right to vote such shares (to the extent permitted by the Articles) and receive all dividends and other distributions paid with respect to such shares. All dividends or other distributions actually paid to the Advisor in connection
with the Restricted Stock shall vest immediately and will not be subject to forfeiture. 

  

	 	b)	The Company may issue stock certificates or evidence the Advisor’s interest by using a restricted book entry account with the Company’s transfer agent. Physical possession or custody of any stock certificates
that are issued shall be retained by the Company until such time as the Restricted Stock represented by such stock certificates vests. 

  

	 	c)	If the Restricted Stock is forfeited in accordance with Sections 3, 4 or 5 of this Agreement, the Advisor shall, on the date of such forfeiture, no longer be the record owner of the Restricted Stock, no longer have any
rights as a stockholder with respect to the Restricted Stock and shall no longer be entitled to vote or receive dividends or other distributions on such shares. 

  

	7)	REIT Status. The parties acknowledge and agree not to take any action that would impact the Company’s ability to qualify as a REIT, and further agree to amend this agreement if necessary to allow the Company
to continue to qualify as a REIT. 

  

	8)	Term and Termination of Agreement. The initial term of this Agreement shall commence on the Effective Date as noted above and shall expire on [    ], 2017. Upon the expiration of such
initial term or any renewal thereof, this Agreement shall then automatically be renewed for consecutive one (1) year periods (each such renewal a “Renewal Term”). Renewal Terms exactly align with a given calendar year.
Notwithstanding the above, the Agreement may otherwise be terminated by either party upon thirty (30) days prior written notice to the other party. This Agreement shall automatically terminate in the event of (a) the termination by the
Company of the Advisory Agreement or (b) the dissolution or liquidation of the Company. 

	9)	Headings. The captions of this Agreement are included for convenience only and in no way define or limit any of the provisions hereof or otherwise affect their construction or effect. 

 

	10)	Interpretation. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida (without reference to its conflicts of laws provisions). 

 

	11)	Severability. If any provision of this Agreement shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of this Agreement shall not be affected thereby and, to this extent,
the provisions of this Agreement shall be deemed to be severable. 

  

	12)	Entire Agreement. This Agreement embodies the entire agreement and understanding of the parties hereto, and supersedes all prior agreements or understandings (whether written or oral), with respect to the subject
matter hereof. 

  

	13)	Amendments and Counterparts. This Agreement may only be amended by mutual written consent of the parties. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an
original, and all such counterparts shall, together, constitute only one instrument. 

 IN WITNESS WHEREOF, the parties have caused this
Agreement to be signed by their respective officers thereunto duly authorized, as of the day and year first above written. 
  

			
	CNL HEALTHCARE PROPERTIES II, INC.
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 
			
	
	CHP II ADVISORS, LLC
		
	By:	 	 

 
			
	Name:	 	
	Title:Form of Indemnification Agreement for Directors and Officers

 Exhibit 10.5 

FORM OF INDEMNIFICATION AGREEMENT 

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of the
         day of                     , 2015, by and among CNL Healthcare Properties II,
Inc., a Maryland corporation (the “Company”) and [insert name], a director and/or officer of the Company (the “Indemnitee”). 

WITNESSETH: 
 WHEREAS,
damages sought against directors and officers in shareholder or similar litigation by class action plaintiffs may be substantial, and the costs of defending such actions and of judgments in favor of plaintiffs or of settlement therewith may be
prohibitive for individual directors and officers, without regard to the merits of a particular action and without regard to the culpability of, or the receipt of improper personal benefit by, any named director or officer to the detriment of the
corporation; and 
 WHEREAS, the issues in controversy in such litigation usually relate to the knowledge, motives and intent of the
director or officer, who may be the only person with firsthand knowledge of essential facts or exculpating circumstances who is qualified to testify in his defense regarding matters of such a subjective nature, and the long period of time which may
elapse before final disposition of such litigation may impose undue hardship and burden on a director or officer or his estate in launching and maintaining a proper and adequate defense of himself or his estate against claims for damages; and 

WHEREAS, the Company is organized under the Maryland General Corporation Law (the “MGCL”) and Section 2-418 of the MGCL
empowers corporations to indemnify and advance expenses of litigation to a person serving as a director, officer, employee or agent of a corporation and to persons serving at the request of the corporation, while a director of a corporation, as a
director, officer, partner, trustee, employee or agent of another foreign or domestic corporation, partnership, joint venture, trust, other enterprise or employee benefit plan, and further provides that the indemnification and advancement of
expenses set forth in the MGCL are not “exclusive of any other rights, by indemnification or otherwise, to which a director may be entitled under the charter, the bylaws, a resolution of stockholders or directors, an agreement or otherwise,
both as to action in an official capacity and as to action in another capacity while holding such office”; and 
 WHEREAS, the Articles
of Incorporation of the Company, as they may be amended or amended and restated from time to time (the “Articles of Incorporation”), provide that the Company may indemnify and hold harmless directors, advisors, or affiliates, as such terms
are defined in the Articles of Incorporation; and 

 WHEREAS, the Board of Directors of the Company (the “Board”) has concluded that it is
advisable and in the best interests of the Company to enter into an agreement to indemnify in a reasonable and adequate manner the Indemnitee and to assume for itself liability for expenses and damages in connection with claims lodged against the
Indemnitee for the Indemnitee’s decisions and actions as a director and/or officer of the Company or any of its Subsidiaries, or as an officer of CHP II Advisors, LLC, a Delaware limited liability company and advisor to the Company (the
“Advisor”, and collectively with such Subsidiaries, the “Affiliates”). 
 NOW, THEREFORE, in consideration of the
foregoing, and of other good and valuable consideration, the receipt and sufficiency of which is acknowledged by each of the parties hereto, the parties agree as follows: 

I. DEFINITIONS 
 For
purposes of this Agreement, the following terms shall have the meanings set forth below: 
 A. “Board” shall mean the Board
of Directors of the Company. 
 B. “Change in Control” shall mean a change in the possession, directly or indirectly, of
the power to direct or cause the direction of the management and policies of the Company, or any successor in interest thereto, whether through the ownership of Voting Securities, by contract or otherwise, including but not limited to a change which
would be required to be reported under Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934 as in effect on the date hereof (the “Exchange Act”) or as may otherwise be determined
pursuant to a resolution of the Board. 
 C. “Corporate Status” shall mean: (i) the status of a person who is or was a
director or officer of the Company or any of the Affiliates, or a member of any committee of the Board; and (ii) the status of a person who, while a director or officer of the Company, is or was serving at the request of the Company as a
director, officer, partner (including service as a general partner of any limited partnership), trustee, employee, or agent of another foreign or domestic corporation, partnership, joint venture, trust, other incorporated or unincorporated entity or
enterprise or employee benefit plan. 
 D. “Disinterested Director” shall mean a director of the Company who neither is nor
was a party to the Proceeding with respect to which indemnification is being sought by the Indemnitee. 
 E. “Expenses”
shall mean expenses of Proceedings including, without limitation, all attorneys’ fees, retainers, court costs, transcript costs, fees of experts, investigation fees and expenses, accounting and witness fees, travel expenses, duplicating costs,
printing and binding costs, telephone charges, postage, delivery service fees and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, being or preparing
to be a witness in or investigating a Proceeding. 

 F. “Good Faith Act or Omission” shall mean an act or omission of the Indemnitee
reasonably believed by the Indemnitee to be in or not opposed to the best interests of the Company or the Affiliates and not: (i) one involving negligence or misconduct, or, if the Indemnitee is an independent director, one involving gross
negligence or willful misconduct; (ii) one that was material to the loss or liability and that was committed in bad faith or that was the result of active or deliberate dishonesty; (iii) one from which the Indemnitee actually received an
improper personal benefit in money, property or services; or (iv) in the case of a criminal Proceeding, one as to which the Indemnitee had cause to believe his or her conduct was unlawful. 

G. “Liabilities” shall mean liabilities of any type whatsoever, including, without limitation, any judgments, fines, excise
taxes and penalties under the Employee Retirement Income Security Act of 1974, as amended, penalties and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or with respect to such
judgments, fines, penalties or amounts paid in settlement) in connection with the investigation, defense, settlement or appeal of any Proceeding or any claim, issue or matter therein. 

H. “MGCL” shall mean the Maryland General Corporation Law. 

I. “Proceeding” shall mean any threatened, pending or completed action, suit, arbitration, alternate dispute resolution
mechanism, investigation, administrative hearing or any other actual, threatened or completed proceeding whether civil, criminal, administrative or investigative, or any appeal therefrom. 

J. “Trust” shall have the meaning ascribed to it in Article IX herein. 

K. “Trustee” shall have the meaning ascribed to it in Article IX herein. 

L. “Subsidiary” shall mean any corporation, limited liability company, partnership, business trust or other entity of which
the Company, directly or indirectly, owns or controls at least fifty percent (50%) of the voting securities or economic interests. 

M. “Undertakings” shall have the meaning ascribed to it in Article V herein. 

N. “Voting Securities” shall mean any securities of the Company that are entitled to vote generally in the election of
directors. 
 II. TERMINATION OF AGREEMENT 

This Agreement shall continue until, and terminate upon the later to occur of: (i) the seventh anniversary of the Indemnitee ceasing to
be a director and/or officer of the Company; or (ii) the final termination of all Proceedings (including possible Proceedings) with respect to which the Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of
any proceeding commenced by the Indemnitee regarding the interpretation or enforcement of this Agreement. 

 III. SERVICE BY INDEMNITEE, NOTICE OF 

PROCEEDINGS, DEFENSE OF CLAIMS 

A. Notice of Proceedings. The Indemnitee agrees to notify the Company promptly in writing upon being served with any summons, citation,
subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses covered hereunder. However, the Indemnitee’s failure to so notify the Company
shall not relieve the Company from any liability it may have to the Indemnitee under this Agreement, except to the extent that the Indemnitee’s failure to so notify the Company materially prejudices the Company with respect to said Proceeding
or matter. 
 B. Defense of Claims. The Company will be entitled to participate, at its own expense, in any Proceeding of which it
has notice. The Company jointly with any other indemnifying party similarly notified of any Proceeding will be entitled to assume the defense of the Indemnitee therein, with counsel reasonably satisfactory to the Indemnitee; provided, however, that
the Company shall not be entitled to assume the defense of the Indemnitee in any Proceeding if there has been a Change in Control or if the Indemnitee has reasonably concluded that there may be a conflict of interest between the Company and the
Indemnitee with respect to such Proceeding. The Company will not be liable to the Indemnitee under this Agreement for any Expenses incurred by the Indemnitee in connection with the defense of any Proceeding, other than reasonable costs of
investigation or as otherwise provided below, after notice from the Company to the Indemnitee of its election to assume the defense of the Indemnitee therein. The Indemnitee shall have the right to employ his own counsel in any such Proceeding, but
the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense of the Indemnitee unless (i) the employment of counsel by the Indemnitee has been authorized by the
Company; (ii) the Indemnitee shall have reasonably concluded that counsel employed by the Company may not adequately represent the Indemnitee and shall have so informed the Company; or (iii) the Company shall not in fact have employed
counsel to assume the defense of the Indemnitee in such Proceeding, such counsel shall not in fact have assumed such defense or such counsel shall not be acting, in connection therewith, with reasonable diligence. In each such case the fees and
expenses of the Indemnitee’s counsel shall be advanced by the Company in accordance with this Agreement. 
 C. Settlement of
Claims. The Company shall not settle any Proceeding in any manner which would impose any liability, penalty or limitation on the Indemnitee without the written consent of the Indemnitee, which consent shall not be unreasonably withheld or
delayed. The Company shall not be liable to indemnify the Indemnitee under this Agreement or otherwise for any amounts paid in settlement of any Proceeding effected by the Indemnitee without the Company’s written consent, which consent shall
not be unreasonably withheld or delayed. 

 IV. INDEMNIFICATION 

A. In General. Upon the terms and subject to the conditions set forth in this Agreement, the Company shall hold harmless and indemnify
the Indemnitee against any and all Liabilities actually incurred by or for him or her in connection with any Proceeding (whether the Indemnitee is or becomes a party, a witness or is otherwise a participant in any role) to the fullest extent
required or permitted by the Articles of Incorporation. For all matters for which the Indemnitee is entitled to indemnification under this Article IV, the Indemnitee shall be entitled to advancement of Expenses in accordance with Article V hereof.

 B. Proceeding Other Than a Proceeding by or in the Right of the Company. If the Indemnitee, by reason of his or her Corporate
Status or alleged action or inaction in such capacity, was or is a party or is threatened to be made a party to any Proceeding (whether the Indemnitee is or becomes a party, a witness or is otherwise a participant in any role) (other than a
Proceeding by or in the right of the Company or any Affiliate), the Company shall, subject to the limitations set forth in Section IV.F below, hold harmless and indemnify the Indemnitee against any and all Expenses and Liabilities actually and
reasonably incurred by or for the Indemnitee in connection with the Proceeding, if the act(s) or omission(s) of the Indemnitee giving rise thereto were Good Faith Act(s) or Omission(s). 

C. Proceedings by or in the Right of the Company. If the Indemnitee, by reason of his or her Corporate Status or alleged action or
inaction in such capacity, was or is a party or is threatened to be made a party to any Proceeding (whether the Indemnitee is or becomes a party, a witness or otherwise is a participant in any role) by or in the right of the Company or any Affiliate
to procure a judgment in its favor, the Company shall, subject to the limitations set forth in Section IV.F below, hold harmless and indemnify the Indemnitee against any and all Expenses actually incurred by or for the Indemnitee in connection with
the investigation, defense, settlement or appeal of such Proceeding, if the act(s) or omission(s) of the Indemnitee giving rise to the Proceeding were Good Faith Act(s) or Omission(s). However, no indemnification under this Section IV.C shall be
made with respect to any claim, issue or matter as to which the Indemnitee shall have been finally adjudged to be liable to the Company or any Affiliate, unless a court of appropriate jurisdiction (including, but not limited to, the court in which
such Proceeding was brought) determines upon application that, despite the adjudication of liability but in view of all the circumstances of the case, regardless of whether the Indemnitee’s act(s) or omission(s) were found to be a Good Faith
Act(s) or Omission(s), the Indemnitee is fairly and reasonably entitled to indemnification for such Expenses, which such court shall deem proper. 

D. Indemnification of a Party Who is Wholly or Partly Successful. Notwithstanding any other provision of this Agreement, to the extent
that the Indemnitee is, by reason of the Indemnitee’s Corporate Status, a party to and is successful in, on the merits or otherwise, any Proceeding, the Indemnitee shall be indemnified by the Company to the maximum extent consistent with the
Articles of Incorporation against all Expenses and Liabilities actually incurred by or for him or her in connection therewith. If the Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or
more but less than all claims, issues or matters in such Proceeding, the Company shall hold harmless and indemnify the Indemnitee to the maximum extent consistent with the 

 
Articles of Incorporation against all Expenses and Liabilities actually and reasonably incurred by or for the Indemnitee in connection with each successfully resolved claim, issue or matter in
such Proceeding. Resolution of a claim, issue or matter by dismissal, with or without prejudice, but except as provided in Section IV.F hereof, shall be deemed a successful result as to such claim, issue or matter so long as there has been no
finding (either adjudicated or pursuant to Article VI hereof) that the act(s) or omission(s) of the Indemnitee giving rise thereto were not a Good Faith Act(s) or Omission(s). 

E. Indemnification for Expenses as Witness. Notwithstanding any other provision of this Agreement, to the extent that the Indemnitee,
by reason of the Indemnitee’s Corporate Status, has prepared to serve or has served as a witness in any Proceeding, or has participated in discovery proceedings or other trial preparation, the Indemnitee shall be held harmless and indemnified
against all Expenses actually and reasonably incurred by or for him or her in connection therewith. 
 F. Specific Limitations on
Indemnification. In addition to the other limitations set forth in this Article IV and notwithstanding anything in this Agreement to the contrary, the Company shall not be obligated under this Agreement to make any payment to the Indemnitee for
indemnification with respect to any Proceeding: 
 1. To the extent that payment is actually made to the Indemnitee under any
insurance policy or is made on behalf of the Indemnitee by or on behalf of the Company otherwise than pursuant to this Agreement. 

2. If a court in such Proceeding has entered a judgment or other adjudication which is final and has become non-appealable and
establishes that a claim of the Indemnitee for such indemnification arose from: (i) a breach by the Indemnitee of the Indemnitee’s duty of loyalty to the Company or its shareholders; (ii) acts or omissions of the Indemnitee for which
the Indemnitee did not reasonably believe to be in or not opposed to the best interests of the Company or the Affiliates and was: (a) an act or omission involving negligence or misconduct, or, if the Indemnitee is an independent director, an
act or omission involving gross negligence or willful misconduct, or (b) an act or omission that was material to the loss or liability and that was committed in bad faith or that was the result of active and deliberate dishonesty,;
(iii) acts or omissions of the Indemnitee which the Indemnitee had reasonable cause to believe were unlawful; or (iv) a transaction in which the Indemnitee actually received an improper personal benefit in money, property or services. 

3. If there has been no Change in Control, for Liabilities in connection with Proceedings settled without the consent of the
Company, which consent shall not have been unreasonably withheld. 
 4. For any loss or liability arising from an alleged
violation of federal or state securities laws unless one or more of the following conditions are met: (i) there has been a successful adjudication in favor of the Indemnitee on the merits of each count involving alleged securities law
violations as to the Indemnitee; (ii) such claims have been dismissed with prejudice on the merits by a court of competent jurisdiction as to the Indemnitee; or (iii) a court of competent jurisdiction approves a settlement of the claims
against the Indemnitee, finds that indemnification of the settlement and the related costs should be made, and has been advised of the position on indemnification for violations of securities laws of (A) the Securities and Exchange Commission
and (B) any state securities regulatory authority in which securities of the Company were offered or sold. 

 5. If such Indemnitee is a party to such Proceeding by reason of his or her
status as an officer of director of the Advisor and such Proceeding is brought by a member of the Advisor against such Indemnitee arising from claims solely related to the relationship of the members as members of the Advisor. 

V. ADVANCEMENT OF EXPENSES 

Notwithstanding any provision to the contrary in Article VI hereof, the Company shall advance to the Indemnitee all Expenses which, by reason
of the Indemnitee’s Corporate Status, were incurred by or for the Indemnitee in connection with any Proceeding, in advance of the final disposition of such Proceeding, provided that all of the following are satisfied: (i) the Indemnitee
was made a party to the proceeding by reason of Indemnitee’s Corporate Status; (ii) the Indemnitee provides the Company with written affirmation of the Indemnitee’s good faith belief that the Indemnitee has met the standard of conduct
necessary for indemnification by the Company pursuant to Article IV hereof and (iii) the Indemnitee provides the Company with a written agreement (the “Undertaking”) to repay the amount paid or reimbursed by the Company, together with
the applicable legal rate of interest thereon, if it is ultimately determined that the Indemnitee did not comply with the requisite standard of conduct. The Indemnitee shall be required to execute and submit the Undertaking to repay Expenses
Advanced in the form of Exhibit A attached hereto or in such form as may be required under applicable law as in effect at the time of execution thereof. The Undertaking shall reasonably evidence the Expenses incurred by or for the Indemnitee and
shall contain the written affirmation by the Indemnitee, described above, of the Indemnitee’s good faith belief that the standard of conduct necessary for indemnification has been met. The Company shall advance such expenses within five
(5) business days after its receipt of the Undertaking. The Indemnitee hereby agrees to repay any Expenses advanced hereunder if it is ultimately determined that the Indemnitee is not entitled to be indemnified against such Expenses. Any
advances and the undertaking to repay pursuant to this Article V shall be unsecured. 
 VI. PROCEDURE FOR PAYMENT OF LIABILITIES; 

DETERMINATION OF RIGHT TO INDEMNIFICATION 

A. Procedure for Payment. To obtain indemnification for Liabilities under this Agreement, the Indemnitee shall submit to the Company a
written request for payment, including with such request such documentation as is reasonably available to the Indemnitee and reasonably necessary to determine whether and to what extent the Indemnitee is entitled to indemnification and payment
hereunder. The Secretary of the Company, or such other person as shall be designated by the Board, shall promptly advise the Board in writing of such request for indemnification. Any indemnification payment due hereunder shall be paid by the Company
no later than five (5) business days following the determination, pursuant to this Article VI, that such indemnification payment is proper hereunder. 

 B. No Determination Necessary when the Indemnitee was Successful. To the extent the
Indemnitee has been successful, on the merits or otherwise, in defense of any Proceeding referred to in Sections IV.B or IV.C above or in the defense of any claim, issue or matter described therein, the Company shall indemnify the Indemnitee against
Expenses actually and reasonably incurred by or for the Indemnitee in connection with the investigation, defense or appeal of such Proceeding. 

C. Determination of Good Faith Act or Omission. In the event that Section VI.B above is inapplicable, the Company shall also hold
harmless and indemnify the Indemnitee unless the Company proves by clear and convincing evidence to a forum listed in Section VI.D below that the act(s) or omission(s) of the Indemnitee giving rise to the Proceeding were not Good Faith Act(s) or
Omission(s). 
 D. Forum for Determination. The Indemnitee shall be entitled to select from among the following the forums in which
the validity of the Company’s claim under Section VI.C above that the Indemnitee is not entitled to indemnification will be heard: 

1. A majority of the Disinterested Directors, or, if there are fewer than three (but at least one) Disinterested Directors, all
of the Disinterested Directors; 
 2. The shareholders of the Company; 

3. Legal counsel selected by the Indemnitee, subject to the approval of the Board, which approval shall not be unreasonably
delayed or denied and which counsel shall make such determination in a written opinion; or 
 4. A panel of three
arbitrators, one of whom is selected by the Company, another of whom is selected by the Indemnitee and the last of whom is selected jointly by the first two arbitrators so selected. 

As soon as practicable, and in no event later than thirty (30) days after written notice of the Indemnitee’s choice of forum
pursuant to this Section VI.D, the Company shall, at its own expense, submit to the selected forum its claim that the Indemnitee is not entitled to indemnification, and the Company shall act in the utmost good faith to give the Indemnitee a complete
opportunity to defend against such claim. The fees and expenses of the forum selected in connection with making the determination contemplated hereunder shall be paid by the Company. If the Company fails to submit the matter to the selected forum
within thirty (30) days of the Indemnitee’s written notice or if the selected forum fails to make the requested determination within thirty (30) days of the matter being submitted to it by the Company, the determination that the
Indemnitee has the right to indemnification will be made. 
 E. Right to Appeal. Notwithstanding a determination by any forum listed
in Section VI.D above that the Indemnitee is not entitled to indemnification with respect to a specific Proceeding, the Indemnitee shall have the right to apply to the court in which that Proceeding is or was pending, or to any other court of
competent jurisdiction, for the purpose of enforcing the Indemnitee’s right to indemnification pursuant to this Agreement. Such enforcement action shall consider the Indemnitee’s entitlement to indemnification de novo, and the
Indemnitee shall not be 

 
prejudiced by reason of a prior determination that the Indemnitee is not entitled to indemnification. The Company shall be precluded from asserting that the procedures and presumptions of this
Agreement are not valid, binding and enforceable. The Company further agrees to stipulate in any such judicial proceeding that the Company is bound by all the provisions of this Agreement and is precluded from making any assertion to the contrary.

 F. Right to Seek Judicial Determination. Notwithstanding any other provision of this Agreement to the contrary, at any time sixty
(60) days after a request for indemnification has been made to the Company (or upon earlier receipt of written notice that a request for indemnification has been rejected) and before the third (3rd) anniversary of the making of such
indemnification request, the Indemnitee may petition a court of competent jurisdiction, regarding whether the court has jurisdiction over or is the forum in which the Proceeding is pending, to determine whether the Indemnitee is entitled to
indemnification hereunder, and such court shall have the exclusive authority to make such determination, unless and until the Indemnitee’s action is dismissed or otherwise terminated before such determination is made. The court, as petitioned,
shall make an independent determination of whether the Indemnitee is entitled to indemnification hereunder, without regard to any prior determination in any other forum. 

G. Expenses under this Agreement. Notwithstanding any other provision in this Agreement to the contrary, the Company shall indemnify
the Indemnitee against all Expenses incurred by the Indemnitee in connection with any hearing or proceeding under this Article VI involving the Indemnitee and against all Expenses incurred by the Indemnitee in connection with any other action
between the Company and the Indemnitee involving the interpretation or enforcement of the rights of the Indemnitee under this Agreement, even if it is finally determined that the Indemnitee is not entitled to indemnification in whole or in part
hereunder. 
 VII. PRESUMPTIONS AND EFFECT 

OF CERTAIN PROCEEDINGS 
 A.
Burden of Proof. In making a determination with respect to entitlement to indemnification hereunder, the person, persons, entity or entities making such determination shall presume that the Indemnitee is entitled to indemnification under this
Agreement and the Company shall have the burden of proof of overcoming that presumption. 
 B. Effect of Other Proceedings. The
termination of any Proceeding or any claim, issue or matter therein by judgment, order or settlement shall not create a presumption that the act(s) or omission(s) giving rise to the Proceeding were not Good Faith Act(s) or Omission(s). The
termination of any Proceeding by conviction, upon a plea of nolo contendere, or its equivalent, or an entry of an order of probation prior to judgment, shall create a rebuttable presumption that the act(s) or omission(s) of the Indemnitee giving
rise to the Proceeding were not Good Faith Act(s) or Omission(s). 
 C. Reliance as Safe Harbor. For the purposes of any
determination of whether any act or omission of the Indemnitee was a Good Faith Act or Omission, each act of the Indemnitee shall be deemed to be a Good Faith Act or Omission if the Indemnitee’s action is based on the records or books of
accounts of the Company, including financial statements, on 

 
information supplied to the Indemnitee by the officers of the Company in the course of their duties, on the advice of legal counsel for the Company or the independent directors or any committee
thereof, or on information or records given or reports made to the Company by an independent certified public accountant or by an appraiser or other expert selected with reasonable care by the Company. The provisions of this Section VII.C shall not
be exclusive or deemed to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement or under applicable law. 

D. Actions of Others. The knowledge and/or actions or failure to act of any director, officer, agent or employee of the Company shall
not be imputed to the Indemnitee for the purposes of determining the right to indemnification under this Agreement. 
 VIII. INSURANCE

 In the event that the Company maintains officers’ and directors’ or similar liability insurance to protect itself and any
director or officer of the Company against any expense, liability or loss, such insurance shall cover the Indemnitee to at least the same degree as each other director and/or officer of the Company. 

IX. OBLIGATIONS OF THE COMPANY 

UPON A CHANGE IN CONTROL 

In the event of a Change in Control and upon written request of the Indemnitee, the Company shall establish a trust for the benefit of the
Indemnitee hereunder (a “Trust”), and from time to time and upon written request from the Indemnitee, shall fund the Trust in an amount sufficient to satisfy all amounts actually paid hereunder as indemnification for Liabilities or
Expenses (including those paid in advance) or which the Indemnitee reasonably determines and demonstrates, from time to time, may be payable by the Company hereunder. The amount or amounts to be deposited in the Trust shall be determined by legal
counsel selected by the Indemnitee and approved by the Company, which approval shall not be unreasonably withheld. The terms of the Trust shall provide that: (i) the Trust shall not be dissolved or the principal thereof invaded without the
written consent of the Indemnitee; (ii) the trustee of the Trust (the “Trustee”) shall be selected by the Indemnitee; (iii) the Trustee shall make advances to the Indemnitee for Expenses within ten (10) business days
following receipt of a written request therefor (and the Indemnitee hereby agrees to reimburse the Trust under the circumstances under which the Indemnitee would be required to reimburse the Company under Article V hereof); (iv) the Company
shall continue to fund the Trust from time to time in accordance with its funding obligations hereunder; (v) the Trustee shall promptly pay to the Indemnitee all amounts as to which indemnification is due under this Agreement; (vi) unless
the Indemnitee agrees otherwise in writing, the Trust for the Indemnitee shall be kept separate from any other trust established for any other person to whom indemnification might be owed by the Company; and (vii) all unexpended funds in the
Trust shall revert to the Company upon final, nonappealable determination by a court of competent jurisdiction that the Indemnitee has been indemnified to the full extent required under this Agreement. 

 X. NON-EXCLUSIVITY, 

SUBROGATION AND MISCELLANEOUS 

A. Non-Exclusivity. The rights of the Indemnitee hereunder shall not be deemed exclusive of any other rights to which the Indemnitee
may at any time be entitled under any provision of law, the Articles of Incorporation, the Bylaws of the Company, as the same may be in effect from time to time, any agreement, a vote of shareholders of the Company or a resolution of directors of
the Company or otherwise. To the extent that, during the term of this Agreement, the rights of the then-existing directors and officers of the Company are more favorable to such directors or officers than the rights currently provided to the
Indemnitee under this Agreement, the Indemnitee shall be entitled to the full benefits of those more favorable rights. 
 No amendment,
alteration, rescission or replacement of this Agreement or any provision hereof that would limit in any way the benefits and protections afforded to an Indemnitee by this Agreement shall be effective as to an Indemnitee with regards to any action or
inaction undertaken by such Indemnitee in the Indemnitee’s Corporate Status prior to such amendment, alteration, rescission or replacement. 

B. Subrogation. In the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all
of the rights of recovery of the Indemnitee, who shall execute all required documents and take all action necessary to secure such rights, including execution of documents necessary to enable the Company to bring suit to enforce such rights. 

C. Notices. All notices, requests, demands and other communications hereunder shall be in writing and shall be deemed to have been duly
given: (i) if delivered by hand, by courier or by telegram and receipted for by the party to whom such notice or other communication was directed at the time indicated on such receipt; (ii) if by facsimile at the time shown on the
confirmation of such facsimile transmission; or (iii) if by U.S. certified or registered mail, with postage prepaid, on the third business day after the date on which it is so mailed: 

If to the Indemnitee, as shown with the Indemnitee’s signature below. 

If to the Company to: 
 CNL
Healthcare Properties II, Inc. 
 450 South Orange Avenue 

Orlando, FL 32801 
 Attention:
Tracey B. Bracco, Assistant General Counsel 
 Facsimile No.: 407-540-7595 

 With copies to: 

CHP II Advisors, LLC 
 c/o CNL
Financial Group, LLC 
 450 South Orange Avenue 

Orlando, FL 32801 
 Attention:
Office of General Counsel 
 Facsimile No.: (407) 540-2699 

or to such other address as may have been furnished to the Indemnitee by the Company or to the Company by the Indemnitee, as the case may be. 

D. Governing Law. The parties agree that this Agreement shall be governed by, construed and enforced in accordance with the internal
laws of the State of Maryland, without application of the conflict of laws principles thereof. 
 E. Binding Effect. Except as
otherwise provided in this Agreement, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their heirs, executors, administrators, successors, legal representatives and permitted assigns. The Company shall require
any successor or assignee (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of its respective assets or business and by written agreement in form and substance reasonably satisfactory to the
Indemnitee, to expressly assume and agree to be bound by and perform this Agreement in the same manner and to the same extent as the Company would be required to perform absent such succession or assignment. 

F. Waiver. No termination, cancellation, modification, amendment, deletion, addition or other change in this Agreement or any
provision hereof, or waiver of any right or remedy herein, shall be effective for any purpose unless specifically set forth in a writing signed by the party or parties to be bound thereby. The waiver of any right or remedy with respect to any
occurrence on one occasion shall not be deemed a waiver of such right or remedy with respect to such occurrence on any other occasion. 

G. Entire Agreement. This Agreement constitutes the entire agreement and understanding among the parties hereto in reference to
the subject matter hereof; provided, however, that the parties acknowledge and agree that the Amended and Restated Articles of Incorporation of the Company contain provisions on the subject matter hereof and that this Agreement is not intended to,
and does not, limit the rights or obligations of the parties hereto pursuant to such instruments. This Agreement supersedes any prior agreement entered into between the parties with respect to the subject matter hereof. 

H. Titles. The titles to the articles and sections of this Agreement are inserted for convenience only and should not be deemed
a part hereof or affect the construction or interpretation of any provisions hereof. 

 I. Invalidity of Provisions. Every provision of this Agreement is severable, and the
invalidity or unenforceability of any term or provision shall not affect the validity or enforceability of the remainder of this Agreement. 

J. Pronouns and Plurals. Where applicable, any pronoun used in this Agreement shall include the corresponding masculine, feminine or
neuter forms, and the singular form of nouns, pronouns and verbs shall include the plural and vice versa. 
 K. Counterparts. This
Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together constitute one agreement binding on all the parties hereto. 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. 

 

			
	CNL HEALTHCARE PROPERTIES II, INC., a Maryland corporation
		
	By:	 	 
	Name:	 	Stephen H. Mauldin
	Title:	 	President and Chief Executive Officer

 
			
	
	                                    
            , as INDEMNITEE
		
	Name:	 	[insert name]
	Address:	 	 450 S. Orange Avenue
 Orlando, FL
32801

 EXHIBIT A 

FORM OF UNDERTAKING TO REPAY EXPENSES ADVANCED 

The Board of Directors of CNL Healthcare Properties II, Inc. 
  

	 	Re:	Undertaking to Repay Expenses Advanced  

 Ladies and Gentlemen: 

The undertaking is being provided pursuant to that certain Indemnification Agreement dated the
         day of                     , 20    , by and between CNL
Healthcare Properties II, Inc. and the undersigned Indemnitee (the “Indemnification Agreement”), pursuant to which I am entitled to advancement of expenses in connection with [Description of Proceeding] (the “Proceeding”). Terms
used herein and not otherwise defined shall have the meanings specified in the Indemnification Agreement. 
 I am subject to the Proceeding
by reason of my Corporate Status or by reason of alleged actions or omissions by me in such capacity. During the period of time to which the Proceeding relates I was — [name of office(s) held] of CNL Healthcare Properties II, Inc. Pursuant to
Article IV of the Indemnification Agreement, the Company is obligated to reimburse me for Expenses that are actually and reasonably incurred by or for me in connection with the Proceeding, provided that I execute and submit to the Company an
Undertaking in which I: (i) undertake to repay any Expenses paid by the Company on my behalf, together with the applicable legal rate of interest thereon, if it shall be ultimately determined that I am not entitled to be indemnified thereby
against such Expenses; (ii) affirm my good faith belief that I have met the standard of conduct necessary for indemnification; and (iii) reasonably evidence the Expenses incurred by or for me. 

[Description of expenses incurred by or for Indemnitee] 

The letter shall constitute my undertaking to repay to the Company any Expenses paid by it on my behalf, together with the applicable legal
rate of interest thereon, in connection with the Proceeding if it is ultimately determined that I am not entitled to be indemnified with respect to such Expenses as set forth above. I hereby affirm my good faith belief that I have met the standard
of conduct necessary for indemnification and that I am entitled to such indemnification. 
  

	
	   

	Signature
	   

	Name
	   

	Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00253-of-00352.parquet"}]]