Document:

FOURTH AMENDMENT TO

CREDIT AGREEMENT

 

THIS FOURTH AMENDMENT
(“Amendment”) dated as of October 24, 2012, by and between Perceptron, Inc. (“Company”) and Comerica Bank
(“Bank”).

 

RECITALS:

 

A.               
Company and Bank entered into an Amended and Restated Credit Agreement dated as of November 16, 2010, as amended (“Agreement”).

 

B.                
Company and Bank desire to amend the Agreement as hereinafter set forth.

 

NOW, THEREFORE, the
parties agree as follows:

 

1.                 
The definition of Revolving Credit Maturity Date in Section 1 of the Agreement is amended to read as follows:

 

     “Revolving
Credit Maturity Date” shall mean November 1, 2014.

 

2.                 Company
hereby represents and warrants that, after giving effect to the amendment contained herein, (a) execution, delivery and performance
of this Amendment and any other documents and instruments required under this Amendment or the Agreement are within Company’s
corporate powers, have been duly authorized, are not in contravention of law or the terms of Company’s Articles of Incorporation
or Bylaws, and do not require the consent or approval of any governmental body, agency, or authority; and this Amendment and any
other documents and instruments required under this Amendment or the Agreement, will be valid and binding in accordance with their
terms; (b) the continuing representations and warranties of Company set forth in Sections 6.1 through 6.5 and 6.7 through 6.12
of the Agreement are true and correct on and as of the date hereof with the same force and effect as made on and as of the date
hereof; (c) the continuing representations and warranties of Company set forth in Section 6.6 of the Agreement are true and correct
as of the date hereof with respect to the most recent financial statements furnished to the Bank by Company in accordance with
Section 7.1 of the Agreement; and (d) no Event of Default (as defined in the Agreement) or condition or event which, with the
giving of notice or the running of time, or both, would constitute an Event of Default under the Agreement, as hereby amended,
has occurred and is continuing as of the date hereof.

 

3.                 
Except as expressly provided herein, all of the terms and conditions of the Agreement remain unchanged and in full force
and effect.

 

4.                 
This Amendment shall be effective upon (a) execution of this Agreement by Company and the Bank, (b) execution by the Guarantor
of the attached Acknowledgment of Guarantor and (c) execution by Company of an Amendment to Note on form acceptable to Bank.

 

    	 

    	 

    

 

IN WITNESS the due
execution hereof as of the day and year first above written.

 

	COMERICA BANK	 	PERCEPTRON, INC.
	 	 	 	 	 
	By:	/s/ Robert Rosati	 	By:	/s/ John H. Lowry, III
	 	 	 	 	 
	Its:	Vice President	 	Its:	Chief Financial Officer

 

    	 

    	 

    
 

ACKNOWLEDGMENT OF GUARANTOR

 

The undersigned guarantor
acknowledges and agrees to the foregoing Fourth Amendment and confirms that the Guaranty dated October 24, 2002, executed and delivered
by the undersigned to the Bank remains in full force and effect in accordance with its terms.

 

	 	PERCEPTRON GLOBAL, INC.
	 	 
	 	By: 	John
H. Lowry, III
	 	 	 
	 	Its:	Chief Financial OfficerAmendment to Note	 
	
         

         
	 
	 	 	 
	 	 	 	 	 	 

 

This Amendment to Note (“Amendment”),
made, delivered, and effective as of October 24, 2012, by and between Perceptron, Inc. (“Borrower”) and COMERICA BANK
(“Bank”).

 

WHEREAS, Borrower and Bank are parties
to that certain note in the original principal amount of $6,000,000 dated January 6, 2012 (“Note”); and

 

WHEREAS, Bank and Borrower desire
to amend the Note as set forth below;

 

NOW, THEREFORE, in consideration
of the premises and the mutual promises contained in this Amendment, Borrower and Bank agree as follows:

 

		1.	The Maturity Date is now November 1, 2014.

 

		2.	Borrower is responsible for all costs incurred by Bank, including without limit reasonable attorney
fees, with regard to the preparation and execution of this Amendment.

 

		3.	The execution of this Amendment shall not be deemed to be a waiver of any Default or Event of Default.

 

		4.	All terms used in this Amendment which are defined in the Note shall have the same meaning as used
in the Note, unless otherwise defined in this Amendment.

 

		5.	Borrower waives, discharges, and forever releases Bank, Bank’s employees, officers, directors,
attorneys, stockholders, and their successors and assigns, from and of any and all claims, causes of action, allegations or assertions
that Borrower has or may have had at any time up through and including the date of this Amendment, against any or all of the foregoing,
regardless of whether any such claims, causes of action, allegations or assertions are known to Borrower or whether any such claims,
causes of action, allegations or assertions arose as result of Bank’s actions or omissions in connection with the Note, or
any amendments, extensions or modifications thereto, or Bank’s administration of the debt evidenced by the Note or otherwise.

 

		6.	This Amendment is not an agreement to any further or other amendment of the Note.

 

		7.	Borrower expressly acknowledges and agrees that except as expressly amended in this Amendment,
the Note, as amended, remains in full force and effect and is ratified, confirmed and restated.

 

IN WITNESS WHEREOF, the parties
have executed and delivered this Amendment on the date set forth above.

 

	 	PERCEPTRON, INC.
	 	 
	 	By: 	/s/ John H. Lowry, III
	 	 	SIGNATURE OF
	 	 	 
	 	Its:	Vice President and Chief Financial Officer
	 	 	TITLE

 

	 	COMERICA BANK
	 	 
	 	By: 	/s/ Robert A. Rosati
	 	 	SIGNATURE OF ROBERT A. ROSATI
	 	 	 
	 	Its:	Vice President
	 	 	TITLEExhibit 10.1

 

 

 

SINGLE FAMILY HOMES

 

REAL ESTATE PURCHASE AND SALE AGREEMENT

 

by and between

 

WRI CAPITAL GROUP II LLC,

a Georgia limited liability company,

as Seller

and

 

REVEN ACQUISITIONS, LLC,

a Delaware limited liability company,

as Buyer

 

July 30, 2012

 

 

    	 

    	 

    
 

THIS SINGLE FAMILY
HOMES PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of July 30, 2012 (“Effective
Date”), by and between WRI Capital Group II LLC, a Georgia limited liability company (“Seller”)
and Reven Acquisitions, LLC, a Delaware limited liability company (together with any designee identified or appointed by Reven
Acquisitions, LLC, “Buyer”).

 

BASIC TERMS

 

The following terms, as used in this Agreement,
will have the meanings assigned to such terms in this Basic Terms section of the Agreement, subject to any adjustments set forth
elsewhere in this Agreement.

 

Purchase Price: $695,500.00 subject to adjustment
in accordance with the provisions of this Agreement.

 

Deposit: $20,000.00.

 

Closing Date: Thirty days
after expiration of the Approval Period. 

 

Due Diligence Period: Subject to
the provisions of Section 7 below, the period commencing on the Effective Date and ending on the later to occur of (i) the
date that is 30 days after the Effective Date, and (ii) the date that is 5 business days following the date on which Buyer
has received a fully executed Lease (as defined herein) applicable to each of the 10 houses that comprise the Property (as defined
herein), during which period Buyer will be provided the opportunity to review all aspects of the Property. 

 

Escrow Holder: Feldman Law Offices,
LLC.

 

Title Company: Fidelity National
Title Insurance Company.

 

 

 

PRELIMINARY
STATEMENTS

 

A.Seller is the
owner of the Property; and

 

B.Seller desires
to sell, and Buyer desires to buy, the Property, at the price and on the terms and conditions hereafter set forth.

 

In consideration of
the recitals, mutual covenants, and agreements set forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which are mutually acknowledged, Seller and Buyer hereby agree as follows:

 

1.Premises.
The real estate which is the subject of this Agreement consists of 10 single family homes, in the State of Georgia, which are
identified and generally described on Exhibit A attached hereto, together with all of the improvements and structures located
thereon (“Improvements”), any heating and ventilating systems and other fixtures located therein or
thereon, and all rights, interests, benefits, privileges, easements and appurtenances to the land and the Improvements, if any
(collectively, the “Premises”).

 

    	 

    	 

    
 

 

2.Personal Property
and Leases.

 

(a)The
“Personal Property” referred to herein shall consist of all right, title, and interest of Seller,
if any, in all tangible (including all advertising materials, plans and specifications) and intangible personal property, including
any equipment, appliances, or furnishings that remain in the Premises at the Closing, and any and all existing licenses and permits
held by Seller and not constituting part of the real estate, located on and used in connection with the Premises.

 

(b)The
“Leases” referred to herein shall consist of the leases, occupancy and rental agreements between
the Seller, as landlord and tenants of the single family homes that comprise the Premises that are in effect as of the date of
the Closing (defined below), as well as and service contracts relating to the maintenance and repair of such homes.

 

3.Sale/Conveyance
and Assignment. Seller agrees to sell, convey and assign to Buyer, and Buyer agrees to buy and assume from Seller, at the
price and upon the other terms and conditions hereafter set forth (a) the Premises, (b) the Personal Property, (c) the Improvements,
and (d) the Leases (a-d collectively, the “Property”).

 

4.Transfer of
Title. 

 

(a)Title
to the Property shall be conveyed to Buyer by a Limited Warranty Deed, in the form customary in the State of Georgia (the “Deed”),
executed by Seller, in the form attached hereto as Exhibit C.

 

(b)The
Personal Property shall be conveyed to Buyer by a bill of sale (the “Bill of Sale”) executed by Seller,
in the form attached hereto as Exhibit D.

 

(c)The
Leases shall be assigned by Seller and assumed by Buyer by an Assignment Leases and Contracts (the “Assignment of Leases
and Contracts”), in the form attached hereto as Exhibit E.

 

5.Purchase Price;
Deposit.

 

(a)Delivery
of Purchase Price. The purchase price for the Property shall be the price identified in the Basic Terms (the “Purchase
Price”), which shall be subject to reduction in accordance with Section 7(d) and payable by Buyer to Seller
as follows:

 

(1)Within
two (2) business days after the execution of this Agreement, Buyer shall deposit into an escrow account (the “Escrow”)
established with Escrow Holder (as identified in the Basic Terms), which will serve as escrow holder for this transaction a deposit
in the amount of the Deposit (as identified in the Basic Terms above). If Buyer notifies Seller that it elects to proceed to purchase
the Property in accordance with the provisions of Section 7, then the Deposit (as defined in the Basic Terms) will become
non-refundable to Buyer, except in the event of a default or breach of this Agreement by Seller. The Deposit shall at all times
prior to Closing be invested in United States treasury obligations or such other interest bearing accounts or securities as are
approved by Buyer in writing; all interest earned on the Deposit will be administered, paid or credited (as the case may be) in
the same manner as the Deposit and, when credited to the escrow account shall constitute additional Deposit. At the closing of
the transactions contemplated by this Agreement (the “Closing”), Buyer shall receive a credit against
the Purchase Price for the Deposit.

 

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(2)The
Purchase Price, less a credit for the Deposit, and plus or minus prorations and adjustments as set forth in Section 17 hereof,
shall be paid by Buyer to Seller by wire transfer of immediately available federal funds on the Closing Date.

 

(b)Appraised
Value. Buyer may elect to retain an independent, third-party appraiser to prepare a valuation report or appraisal (“Appraisal”)
of the Property. Any person preparing the Appraisal on behalf of Buyer must be a licensed appraiser in the jurisdiction where the
Property is located with at least five years’ experience appraising single family homes of the type and nature of the properties
that comprise the Property. Upon request, Buyer shall provide Seller with copies of any Appraisals of the Property. If the sum
of the appraised values of the properties that comprise the Property (“Total Appraised Value”) is less
than the Purchase Price, then within three (3) business days after receipt of the Appraisals, Buyer shall provide written notification
to Seller that Buyer intends to reduce the Purchase Price by the amount that the Purchase Price exceeds the Total Appraised Value;
provided that Buyer has no right to a Purchase Price reduction in excess of five percent (5%) of the original Purchase Price without
Seller’s written agreement. If the Purchase Price exceeds the Total Appraised Value by more than 5% of the Purchase Price,
and Seller does not agree to reduce the Purchase Price to the Total Appraised Value, then Buyer may, upon written notice to Seller
at least ten business days before the then-scheduled Closing Date, elect to (i) close the transaction as contemplated with
a 5% reduction of the Purchase Price or (ii) terminate this Agreement. If Buyer terminates this Agreement in accordance
with this Section 5(b), then this Agreement will have no further force or effect, the parties will have no further obligations
to each other (except for any indemnities or other provisions that expressly survive termination of this Agreement) and Escrow
Holder shall refund the Deposit to Buyer.

 

(c)Notwithstanding
Section 5(b) above and Section 7(d) below, Buyer may, in lieu of adjusting the Purchase Price as a result of necessary
repairs and replacements or a Total Appraised Value that is less than the Purchase Price in accordance with those provisions, elect
to exclude specified properties from the properties identified on Exhibit A. If, as a result of its due diligence investigations,
Buyer elects to exclude one or more properties from the Property being acquired in accordance with this Agreement, then at least
ten business days before the Closing Date, Buyer will notify Seller that certain specified properties (“Excluded Properties”)
are to be excluded from the sale contemplated in this Agreement. Seller shall have two business days to accept Buyer’s Excluded
Properties. Following Buyer’s notification to Seller, Buyer’s identification of the Excluded Properties and Seller’s
acceptance of the Excluded Properties, (i) the description of the properties that comprise the Property, as identified on Exhibit
A, will be deemed modified to exclude the Excluded Properties; and (ii) the Purchase Price will be reduced by an amount equal
to the aggregate total of the prices set forth for the Excluded Properties as identified on Exhibit A. Once Buyer identifies
to Seller the Excluded Properties, those properties so identified will no longer be the subject of this Agreement and Seller will
be free to sell them to another party or take any action that Seller elects with respect to the Excluded Properties.

 

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6.Representations,
Warranties and Covenants.

 

(a)Seller’s
Representations and Warranties. As a material inducement to Buyer to execute this Agreement and consummate this transaction,
Seller represents and warrants to Buyer as follows:

 

(1)Organization
and Authority. Seller has been duly organized and is validly existing as a limited liability company. Seller has the full right
and authority and has obtained any and all consents required therefor to enter into this Agreement, consummate or cause to be consummated
the sale and make or cause to be made transfers and assignments contemplated herein. The persons signing this Agreement on behalf
of Seller are authorized to do so. This Agreement and all of the documents to be delivered by Seller at the Closing have been authorized
and properly executed and will constitute the valid and binding obligations of Seller, enforceable against Seller in accordance
with their terms.

 

(2)Conflicts.
There is no agreement to which Seller is a party or, to Seller’s Knowledge, binding on Seller or the Property, that is in
conflict with this Agreement or that would limit or restrict the timely performance by Seller of its obligations pursuant to this
Agreement.

 

(3)Documents
and Records. To Seller’s Knowledge, Seller has provided (or upon the execution hereof will provide) Buyer with, or has
made available to Buyer, true, correct and complete copies of the items scheduled in Schedule 6(a)(3) attached hereto (all
of the foregoing collectively the “Property Information”). The Property Information consists of all documents
relating to the Property in Seller’s possession or control.

 

(4)Litigation.
There is no action, suit or proceeding pending or to Seller’s knowledge threatened which (i) if adversely determined, would
not be covered by insurance (subject to the payment of a customary insurance deductible) or adversely affect the Property, or (ii)
which challenges or impairs Seller’s ability to execute, deliver or perform this Agreement or consummate the transaction
contemplated hereby.

 

(5)Leases.
Schedule 6(a)(5) sets forth a list of the leases and all contracts (including all service, maintenance, and warranty contracts)
that apply to the properties that comprise the Property, which, to Seller’s Knowledge, is true and correct and complete list
of such leases and contracts as of the date of such schedule. To Seller’s Knowledge, except as scheduled in Schedule 6(a)(5),
neither Seller nor any other party is in default with respect to any of its obligations or liabilities pertaining to the Leases.
To Seller’s Knowledge, other than the Leases and any other matters disclosed in the Title Report, there are no leases, licenses
or other occupancy agreements to which Seller is a party or is bound affecting any portion of the Property as of the date hereof,
which will be in force on the Closing Date. Seller has delivered or made available at the Property, true and correct copies of
the Leases to Buyer.

 

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(6)Contracts.
Exhibit B sets forth all contracts presently outstanding with respect to the Property. To Seller’s Knowledge, neither
Seller nor any other party is in default with respect to any of its obligations or liabilities pertaining to any contracts that
will survive the Close of Escrow.

 

(7)Notice
of Violations. Seller has received no written notice that either the Property or the use thereof violates any laws, rules and
regulations of any federal, state, city or county government or any agency, body, or subdivision thereof having any jurisdiction
over the Property that have not been resolved to the satisfaction of the issuer of the notice.

 

(8)Withholding
Obligation. Seller is not a “foreign person” within the meaning of Section 1445 of the Internal Revenue Code
of 1986, as amended.

 

(9)Condemnation.
Except for any condemnation proceedings which Seller has not yet been served with process, there are no pending or, to Seller’s
Knowledge, threatened condemnation or similar proceedings affecting the Property or any individual property that is a part thereof.

 

(10)Employees.Seller
has no employees at the Property.

 

(11)No
Bankruptcy Proceedings. Seller has not (i) made a general assignment for the benefit of creditors, (ii) filed
any voluntary petition in bankruptcy or suffered the filing of any involuntary petition by Seller’s creditors, (iii)
suffered the appointment of a receiver to take possession of all or substantially all of Seller’s assets, or (iv)
suffered the attachment or other judicial seizure of all or substantially all of Seller’s assets.

 

(12)Unrecorded
Documents. Other than as disclosed in the Property Information, the Title Commitment, or any other documents delivered to Buyer,
Seller has not entered into any unrecorded contracts, leases, easements or other agreements with respect to the Property that would
be binding on Buyer or the Property following the Closing. Seller has no knowledge of any claim of any third party affecting the
use, title, occupancy or development of the Property that has not been disclosed to Buyer. Seller has not granted any right of
first refusal, option or other right to acquire all or any part of the Property.

 

For purposes of this
Section 6(a), the term “Seller’s Knowledge” means the actual knowledge of Colin Brechbill
the person who Seller represents to be the most knowledgeable about the Property.

 

(b)Buyer’s
Representations and Warranties. As a material inducement to Seller to execute this Agreement and consummate this transaction,
Buyer represents and warrants to Seller that Buyer has been duly organized and is validly existing as a Delaware limited liability
company. Buyer has the full right and authority and has obtained any and all consents required therefor to enter into this Agreement,
consummate or cause to be consummated the purchase, and make or cause to be made the deliveries and undertakings contemplated herein
or hereby. The persons signing this Agreement on behalf of Buyer are authorized to do so. This Agreement and all of the documents
to be delivered by Buyer at the Closing have been authorized and properly executed and will constitute the valid and binding obligations
of Buyer, enforceable against Buyer in accordance with their terms.

 

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(c)Covenants
of Seller. Seller covenants and agrees that during the period from the date of this Agreement through and including the Closing
Date:

 

(1)Seller
will timely pay and perform its obligations under the Leases and any contracts to be assumed by Buyer pursuant hereto.

 

(2)Following
the expiration of the Due Diligence Period, Seller will not enter into any contract (other than new Leases) that will be an obligation
affecting the Property subsequent to the Closing Date except for contracts entered into in the ordinary course of business that
are terminable without cause and without payment of a penalty on not more than 30-days’ notice.

 

(3)Seller
will not remove any Personal Property from the Property except as may be required for necessary repair or replacement, and in the
event of such replacement, the replacement shall be of materially equal or better quality and quantity as existed as of the time
of its removal.

 

(4)Seller
will continue to operate and maintain the Property in accordance with past practices and will not make any material alterations
or changes thereto;

 

(5)Seller
will maintain casualty and liability insurance of a level and type consistent with the insurance maintained by Seller prior to
the execution of this Agreement with respect to the Property;

 

(6)Seller
will not do anything, or authorize anything to be done, that would adversely affect the condition of title as shown on the Title
Commitment.

 

(7)Seller
agrees to terminate by written notice to the other parties thereto, effective as of Closing, any service contracts that Buyer,
pursuant to written notice to Seller prior to the expiration of the Due Diligence Period, requests Seller to terminate. Seller
shall deliver to Buyer copies of all notices of termination given by Seller pursuant to this subsection.

 

(8)Seller
shall repair all homes that become vacant at least five (5) days prior to the Closing to “rent-ready” condition in
accordance with Seller’s customary practice and procedure for the Property. Buyer shall receive a $3,400.00 credit against
the Purchase Price with respect to any unit that is vacant and not in “rent ready” condition on the Closing Date. At
Buyer’s request, Seller shall inspect each of the vacant units prior to the Closing to determine if any of such units cannot
be restored to “rent ready” condition at a cost of $3,400.00 or less, and Buyer and Seller hereby agree to make such
adjustments to the $3,400.00 per unit credit as Buyer and Seller agree, acting reasonably, are necessary in order to pay for the
cost of restoring the vacant units to “rent ready” condition. Upon request, Seller shall keep Buyer reasonably informed
as to the status of leasing prior to the Closing Date and shall deliver to Buyer copies of all new Leases.

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(d)Representation
and Warranties Prior to Closing. The continued validity in all respects of the foregoing representations and warranties shall
be a condition precedent to the obligation of the party to whom the representation and warranty is given to close this transaction.
If any of Seller’s representations and warranties are not true and correct at any time on or before the Closing even if true
and correct as of the date of this Agreement or whether any change in facts or circumstances has made the applicable representation
and warranty no longer true and correct and regardless as to whether Buyer becomes aware of such fact through Seller’s notification
or otherwise, then Buyer must give written notice to Seller of the false or incorrect representation and warranty. Seller will
thereafter have ten business days to make true or correct the representation and warranty. If Seller does not make true or correct
the representation and warranty within ten business days, Buyer may, at Buyer’s option, exercised by written notice to Seller
(and as its sole and exclusive remedy), either (i) proceed with this transaction, accepting the applicable representation and warranty
as being modified by such subsequent matters or knowledge and waiving any right relating thereto, if any, or (ii) terminate this
Agreement and declare this Agreement of no further force and effect and in which event Escrow Holder shall, without further instruction,
return the Deposit to Buyer and Seller shall have no further liability hereunder by reason thereof; provided, that if the breach
of any representation or warranty of Seller hereunder results from the willful and intentional act of Seller, Buyer will have the
rights and remedies available to Buyer under Section 18(b) of this Agreement upon a default by Seller of its obligations
under this Agreement.

 

7.Due Diligence
Period.

 

(a)Buyer
may, during the Due Diligence Period (as defined in the Basic Terms), examine, inspect, and investigate the Property and, in Buyer’s
sole judgment and discretion, to determine whether Buyer desires to purchase the Property; provided that Buyer may, in its discretion,
upon notice to Seller, waive the requirement that a Lease be executed for each house, and cause the Due Diligence Period to expire.

 

(b)Buyer
may terminate this Agreement for any or no reason by giving written notice of such termination to Seller on or before the last
day of the Due Diligence Period. If this Agreement is terminated pursuant to this Section 7, the Deposit shall be immediately
refunded to Buyer, and neither party shall have any further liability or obligation to the other under this Agreement except for
the indemnity provisions set forth in Section 7(c) of this Agreement and any other provision of this Agreement that is expressly
intended to survive the termination of this Agreement. If Buyer does not elect to exercise its right to terminate this Agreement
during the Due Diligence Period, then Buyer shall notify Seller of Buyer’s intention to acquire the Property before the expiration
of the Due Diligence Period. If Buyer does not, before the expiration of the Due Diligence Period, either affirmatively notify
Seller of its desire to acquire the Property or send a termination notice to Seller, then Buyer will be deemed to have elected
to proceed to Purchase the Property under this Agreement. If Buyer elects to proceed to purchase the Property, and this Agreement
is not terminated or deemed terminated before the expiration of the Due Diligence Period, then the Deposit shall be non-refundable
except in the event of a default hereunder by Seller.

 

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(c)Subject
to the rights of tenants under the Leases, Seller will provide to Buyer reasonable access to the Property for the purpose of examining
any or all aspects thereof, including conducting on a non-destructive basis, surveys, architectural, engineering, non-invasive
geo-technical and environmental inspections and tests, and any other inspections, studies, or tests reasonably required by Buyer.
Buyer shall give Seller reasonable notice by telephone or e-mail before entering onto any of the properties that comprise the Property
to perform inspections or tests, and in the case of tests (i) Buyer shall specify to Seller the precise nature of the test to be
performed, and (ii) Seller may require, as a condition precedent to Buyer’s right to perform any such test, that Buyer deliver
Seller evidence of public liability and other appropriate insurance naming Seller as an additional insured thereunder. Such examination
of the physical condition of the Property, including the Third Party Inspection Report (defined in Section 7(d) below) may
include an examination for the presence or absence of hazardous or toxic materials, substances or wastes, which shall be performed
or arranged by Buyer at Buyer’s sole expense. Buyer shall keep the Property free and clear of any liens and will indemnify,
protect, defend, and hold each Seller Related Party (defined below) harmless from and against all losses, costs, damages, claims,
liabilities and expenses (including reasonable attorneys’ fees and court costs) (collectively, “Losses”)
arising from damage to the Property and injury to persons asserted against or incurred by any Seller Related Party as a result
of such entry by Buyer, its agents, employees or representatives (except that Buyer shall have no liability or indemnity obligation
for any diminution in the value of the Property as a result of any unfavorable analysis, test, study, opinion or recommendation
made to or for or reach by Buyer). If any inspection or test disturbs the Property and Buyer does not acquire the Property, Buyer
will restore the Property to substantially the same condition as existed prior to any such inspection or test. Buyer and its agents,
employees, and representatives may, upon not less than 24 hours prior telephonic notice to Seller, examine and make copies of all
books and records and other materials relating to the condition of the Property in Seller’s possession at the office where
such records are maintained. Any information provided to or obtained by Buyer with respect to the Property shall be subject to
the provisions of Section 22(p) of this Agreement. The obligations of Buyer under this Section shall survive the termination
of the Agreement.

 

(d)Buyer
may retain a contractor or home inspector to prepare a report or reports describing the physical condition of the Property and
identify any necessary repairs or improvements (“Third Party Inspection Report”). The person or entity
preparing the Third Party Inspection Report must be licensed to perform such inspections in the jurisdiction where the Property
is located, and may not be, or have ever been, owned or controlled by Buyer or an affiliate of Buyer. Buyer will provide a copy
of the Third Party Inspection Report to Seller, and within three business days after receiving the Third Party Inspection Report,
Buyer shall provide Seller written notification of its intent to reduce the Purchase Price by the amount of the total estimated
cost of the repairs or replacements identified in the Third Party Inspection Report; provided that Buyer will have no right to
a Purchase Price reduction in excess of five percent (5%) of the original Purchase Price without Seller’s written agreement.
If the cost to make the repairs and replacements identified in the Third Party Inspection Report exceeds 5% of the Purchase Price,
and Seller does not agree to reduce the Purchase Price by the identified cost of such repairs and replacements, then Buyer may,
upon written notice to Seller within 5 days after notice from Seller that Seller does not agree to such reduction, elect to (i)
close the transaction as contemplated with a 5% reduction of the Purchase Price or (ii) terminate this Agreement. If
Buyer terminates this Agreement in accordance with this Section 7(d), then this Agreement will have no further force or
effect, the parties will have no further obligations to each other (except for any indemnities or other provisions that expressly
survive termination of this Agreement) and Escrow Holder shall refund the Deposit to Buyer.

 

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8.As Is Sale.

 

(a)BUYER
SPECIFICALLY ACKNOWLEDGES AND AGREES THAT SELLER IS SELLING AND BUYER IS PURCHASING THE PROPERTY ON AN “AS IS WITH ALL FAULTS”
BASIS AND THAT, EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT AND THE CLOSING DOCUMENTS DELIVERED BY SELLER TO BUYER AT CLOSING,
BUYER IS NOT RELYING ON ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND WHATSOEVER, EXPRESS OR IMPLIED, FROM SELLER, ITS AGENTS,
OR BROKERS AS TO ANY MATTERS CONCERNING THE PROPERTY, INCLUDING WITHOUT LIMITATION: (I) THE QUALITY, NATURE, ADEQUACY AND PHYSICAL
CONDITION OF THE PROPERTY, INCLUDING, BUT NOT LIMITED TO THE STRUCTURAL ELEMENTS, FOUNDATION, ROOF, APPURTENANCES, ACCESS, LANDSCAPING,
PARKING FACILITIES AND THE ELECTRICAL, MECHANICAL, HVAC, PLUMBING, SEWAGE, AND UTILITY SYSTEMS, FACILITIES AND APPLIANCES, (II)
THE QUALITY, NATURE, ADEQUACY, AND PHYSICAL CONDITION OF SOILS, GEOLOGY AND ANY GROUNDWATER, (III) THE EXISTENCE, QUALITY, NATURE,
ADEQUACY AND PHYSICAL CONDITION OF UTILITIES SERVING THE PROPERTY, (IV) THE DEVELOPMENT POTENTIAL OF THE PROPERTY, AND THE PROPERTY’
USE, HABITABILITY, MERCHANTABILITY, OR FITNESS, SUITABILITY, VALUE OR ADEQUACY OF THE PROPERTY FOR ANY PARTICULAR PURPOSE, (V)
THE ZONING OR OTHER LEGAL STATUS OF THE PROPERTY OR ANY OTHER PUBLIC OR PRIVATE RESTRICTIONS ON USE OF THE PROPERTY, (VI) THE COMPLIANCE
OF THE PROPERTY OR ITS OPERATION WITH ANY APPLICABLE CODES, LAWS, REGULATIONS, STATUTES, ORDINANCES, COVENANTS, CONDITIONS AND
RESTRICTIONS OF ANY GOVERNMENTAL OR QUASI-GOVERNMENTAL ENTITY OR OF ANY OTHER PERSON OR ENTITY, (VII) THE PRESENCE OR ABSENCE OF
HAZARDOUS MATERIALS (AS DEFINED IN ANY ENVIRONMENTAL STATUTE) ON, UNDER OR ABOUT THE PROPERTY OR THE ADJOINING OR NEIGHBORING PROPERTY,
(VIII) THE QUALITY OF ANY LABOR AND MATERIALS USED IN ANY IMPROVEMENTS ON THE PROPERTY, (IX) THE CONDITION OF TITLE TO THE PROPERTY,
(X) THE LEASES (INCLUDING ALL SERVICE CONTRACTS) AND ANY OTHER AGREEMENTS AFFECTING THE PROPERTY AND (XI) THE ECONOMICS OF ANY
PAST OR FUTURE OPERATIONS OF THE PROPERTY.

 

9.Survival of
Representations and Warranties After Closing.

 

(a)All
representations and warranties of Seller herein shall survive the Closing for a period of one hundred twenty (120) days (the
“Limitation Period”).

 

    	9

    	 

    
 

(b)Buyer
shall provide actual written notice to Seller of any breach of any of Seller’s warranties or representations of which Buyer
acquires knowledge, through any means, at any time after the Closing Date but prior to the expiration of the Limitation Period,
and shall allow Seller thirty (30) days within which to cure such breach, or, if such breach is susceptible of cure but cannot
reasonably be cured within thirty (30) days, an additional reasonable time period required to effect such cure so long as such
cure has been commenced within such thirty (30) days and diligently pursued but in no event more than ninety (90) days. If Seller
fails to cure such breach after actual written notice and within such cure period (as extended), Buyer’s sole remedy shall
be an action at law for damages as a consequence thereof, which must be commenced, if at all, within the six (6) months after the
expiration of the Limitation Period.

 

10.Closing.

 

(a)The
purchase and sale transaction contemplated in this Agreement shall occur on the date specified in the Basic Terms section of this
Agreement (the “Closing Date”), and accomplished by recording the Deed (as defined in Section 14) in the Official
Records of the particular County in which each of the individual properties that constitute the Property is located (the “Official
Records”), provided that all conditions precedent to the Closing have been fulfilled or have been waived in writing
by the respective party entitled to waive same.

 

(b)On
or before the Closing Date, the parties shall establish the usual form of deed and money escrow with Escrow Holder. Counsel for
the respective parties are hereby authorized to execute the escrow trust instructions as well as any amendments thereto.

 

11.Conditions
to Buyer’s Obligation to Close.

 

(a)Buyer
will not be obligated to proceed with the Closing unless and until each of the following conditions has been either fulfilled or
waived in writing by Buyer:

 

(1)This
Agreement shall not have been previously terminated pursuant to any other provision hereof;

 

(2)Seller
shall be prepared to deliver or cause to be delivered to Buyer all instruments and documents to be delivered to Buyer at the Closing
pursuant to Section 14 and Section 16 or any other provision of this Agreement; and

 

(3)All
property managing services provided to the Property under any property management agreement shall have been terminated on or prior
to the Closing at no cost, liability or expense to Buyer.

 

(b)If
any of the foregoing conditions are not fulfilled on or before the time for Closing hereunder, then subject to the provisions of
Section 18(b) hereof, Buyer may elect, upon notice to Seller, to terminate this Agreement, in which event the Deposit
shall be returned to Buyer, and neither party shall have any further liability or obligation to the other, except for the provisions
of this Agreement which are expressly stated to survive the termination of this Agreement.

 

    	10

    	 

    
 

 

12.Conditions
to Seller’s Obligation to Close.

 

(a)Seller
will not be obligated to proceed with the Closing unless and until each of the following conditions has been fulfilled or waived
in writing by Seller:

 

(1)Buyer
shall be prepared to pay to Seller the Purchase Price and all other amounts to be paid to it at Closing pursuant to the provisions
of this Agreement;

 

(2)Buyer
shall be prepared to deliver to Seller all instruments and documents to be delivered to Seller at the Closing pursuant to Section 15
 and Section 16 or any other provision of this Agreement; and

 

(3)This
Agreement shall not have been previously terminated pursuant to any other provision hereof.

 

(b)If
the foregoing conditions are not fulfilled on or before the time for Closing hereunder, then subject to the provisions of Section 18(a)
hereof, Seller may elect, upon notice to Buyer, to terminate this Agreement, in which event the Deposit shall be returned to Buyer,
and neither party shall have any further liability or obligation to the other, except for the provisions of this Agreement which
are expressly stated to survive the termination of this Agreement.

 

13.Title Insurance.
(a) Concurrently with the execution and delivery of this Agreement, Buyer shall obtain (or Seller shall cause the Escrow Holder
to deliver to Buyer) (i) a commitment for the Title Policy described in subsection (b) below (the “Title Commitment”),
together with legible copies of all of the underlying documentation described in such Title Commitment, and (ii) any surveys
of the properties that comprise the Property in Seller’s possession or control (collectively, the “Survey”).

 

(a)As
a condition to closing, Buyer shall receive an owner’s title insurance policy (the “Title Policy”)
issued by Title Company, dated the day of Closing, with liability in the full amount of the Purchase Price, the form of which shall
be an American Land Title Association Owner’s Policy, Standard Form B, 1992 (or other form preferred by Buyer or required
or promulgated pursuant to applicable state insurance regulations), subject only to the Permitted Exceptions (defined below). The
Title Policy may contain any endorsements requested by Buyer.

 

(b)Prior
to the expiration of the Due Diligence Period, Buyer shall review title to the Property as disclosed by the Title Commitment and
the Survey, and satisfy itself as to the availability from the Title Company of the Title Policy and all requested endorsement
to such Title Policy. Buyer shall have the right to obtain an update of the Survey or a new survey at any time prior to the expiration
of the Due Diligence Period.

 

(c)Seller
shall have no obligation to remove or cure title objections, except for (1) liens of an ascertainable amount created by Seller,
which liens Seller shall cause to be released at the Closing or affirmatively insured over by the Title Company with Buyer’s
approval, (2) any exceptions or encumbrances to title which are created by Seller after the date of this Agreement without Buyer’s
consent, and (3) non-consensual liens which liens Seller shall cause to be released at the Closing or affirmatively insured over
by the Title Company. In addition, Seller shall provide the Title Company with any affidavits, ALTA statements or personal undertakings
(collectively, an “Owner’s Affidavit”), in form and substance reasonably acceptable to the Title
Company, that will permit the Title Company to remove the standard “mechanics lien” and “GAP” exceptions
and otherwise issue the Title Policy in the form required by Buyer.

 

    	11

    	 

    
 

 

(d)“Permitted
Exceptions” shall mean: (1) any exception arising out of an act of Buyer or its representatives, agents, employees
or independent contractors; (2) zoning and subdivision ordinances and regulations; (3) the specific exceptions in the Title Commitment
that the Title Company has not agreed to insure over or remove from the Title Commitment as of the end of the Due Diligence Period
and that Seller is not required to remove as provided above; (4) items shown on the Surveys or any updated or new surveys of the
Property which have not been removed as of the end of the Due Diligence Period; (5) real estate taxes and assessments not yet due
and payable; and (6) rights of tenants under the Leases, as occupancy tenants only and without any rights of first refusal, rights
of first offer or purchase options.

 

14.Documents
to be Delivered to Buyer at Closing. At Closing, Seller shall deliver or cause to be delivered to Buyer each of the following
instruments and documents:

 

(a)Deed.
The Deed, in the form attached hereto as Exhibit C.

 

(b)Bill
of Sale. The Bill of Sale covering the Personal Property, in the form attached hereto as Exhibit D.

 

(c)The
Title Policy. The Title Policy may be delivered after the Closing if at the Closing the Title Company issues a currently effective,
duly-executed “marked-up” Title Commitment and irrevocably commits in writing to issue the Title Policy in the form
of the “marked-up” Title Commitment after the Closing.

 

(d)Assignment
of Leases and Contracts. An Assignment of Leases and Contracts, in the form attached hereto as Exhibit E, transferring
and assigning to Buyer, to the extent the same are assignable, all right, title and interest of Seller in the Leases and the other
property described therein.

 

(e)Transfer
Tax Declarations. Original copies of any required real estate transfer tax or documentary stamp tax declarations executed by
Seller or any other similar documentation required to evidence the payment of any tax imposed by the state, county and city on
the transaction contemplated hereby.

 

(f)FIRPTA.
An affidavit, in the form attached hereto as Exhibit F, stating Seller’s U.S. taxpayer identification number
and that Seller is a “United States person”, as defined by Internal Revenue Code Section 1445(f)(3) and Section
7701(b).

 

(g)Owner’s
Affidavit. The Owner’s Affidavit materials referred to in Section 13(d) above.

 

    	12

    	 

    
 

 

(h)Surveys,
Plans, Permits and Specifications. All existing surveys, blueprints, drawings, plans and specifications, permits, and operating
manuals for or with respect to any of the properties that comprise the Property or any part thereof to the extent the same are
in Seller’s possession.

 

(i)Keys.
All keys to the improvements, to the extent the same are in Seller’s possession.

 

(j)Leases.
Originals of all Leases in effect on the Closing Date (or copies thereof in the event the originals are not in Seller’s possession,
or in the possession of Sellers’ property manager and such copies of Leases are in Seller’s possession), and the tenant
files with respect to such Leases, to the extent the same are in Seller’s possession.

 

(k)Certificate.
A certificate (the “Update”) of Seller dated as of the Closing Date certifying that the representations
and warranties of Seller set forth in Section 6(a) of this Agreement as applicable, remain true and correct in all material
respects as of the Closing Date, except as to Schedule 6(a)(5), which Update shall be dated no earlier than three (3) days
prior to Closing.

 

(l)Other
Deliveries. Such other documents and instruments as may be required by any other provision of this Agreement or as may reasonably
be required to carry out the terms and intent of this Agreement.

 

15.Documents
to be Delivered to Seller at Closing. At Closing, Buyer shall deliver or cause to be delivered to Seller each of the following
instruments, documents and amounts:

 

(a)Purchase
Price. The Purchase Price, subject to adjustment and proration as provided in Section 17 below.

 

(b)Transfer
Tax Declarations. Original copies of any required real estate transfer tax or documentary stamp tax declarations executed by
Buyer or any other similar documentation required to evidence the payment of any tax imposed by the state, county and city on the
transaction contemplated hereby.

 

(c)Assignment
of Leases. A counterpart of the Assignment of Leases and Contracts, in the form attached hereto as Exhibit E.

 

(d)Certificate.
A certificate of Buyer (the “Buyer’s Update”) dated as of the Closing Date certifying that the
representations and warranties of Buyer set forth in Section 6(b) of this Agreement as applicable, remain true and correct
in all material respects as of the Closing Date, which Buyer’s Update shall be dated no earlier than three (3) days prior
to Closing.

 

(e)Other
Documents. Such other documents and instruments as may be required by any other provision of this Agreement or as may reasonably
be required to carry out the terms and intent of this Agreement.

 

    	13

    	 

    
 

 

16.Documents
to be Delivered by Seller and Buyer at Closing.  At Closing, Buyer and Seller shall deliver or cause to be delivered each
of the following instruments and documents:

 

(a)Escrow
Instructions. Escrow instructions (as described in Section 10(b)).

 

(b)Settlement
Statement. A fully executed settlement statement.

 

(c)Notice
to Tenants. A duly executed notice to each of the tenants under the Leases.

 

17.Prorations
and Adjustments.

 

(a)The
following items shall be prorated and adjusted based upon the number of calendar days in the measuring period between Seller and
Buyer as of midnight on the date of Closing, except as otherwise specified:

 

(1)Taxes.
All real estate taxes and assessments (“Taxes”) assessed against the Property for the year of Closing
shall be prorated as follows: Seller will be responsible for the payment of Taxes applicable to the period before the Closing Date,
and Buyer will be responsible for the period on and after the Closing Date. Seller acknowledges that the actual taxes and assessments
for the year in which the Closing Date occurs are not known as of the date hereof, so the parties shall make such proration based
upon One Hundred percent (100%) of the tax bill for the Property for 2011 (the “Estimated Taxes”). Once
Taxes for the year in which the Closing occurs are determined, if such amount varies from the Estimated Taxes by more than five
percent (5%), then such amount shall be reconciled as if he actual amount of the Taxes had been known at the Closing, and
the amount of the prorations will be adjusted as applicable. All prorations of Taxes shall be final upon the Closing. The provisions
of this Section 17(a)(1) shall survive Closing.

 

(2)Utilities.
All utilities shall be prorated based upon estimates using the most recent actual invoices. Seller shall receive a credit for the
amount of deposits, if any, with utility companies that are transferable and that are assigned to Buyer at the Closing. In the
case of non-transferable deposits, Buyer shall be responsible for making any security deposits required by utility companies providing
service to the Property.

 

(3)Collected
Rent. Buyer shall receive a credit for any rent and other income (and any applicable state or local tax on rent) under Leases
collected by Seller before Closing that applies to any period after Closing. Uncollected rent and other uncollected income shall
not be prorated at Closing. After Closing, Buyer shall apply all rent and income collected by Buyer from a tenant (x) first to
such tenant’s rental obligations for the month in which the Closing occurs, (y) next to such tenant’s monthly rental
for the month in which the payment is made, and (z) then to arrearages in the reverse order in which they were due, remitting to
Seller, after deducting collection costs, any rent or expense reimbursements properly allocable to Seller’s period of ownership.
Buyer shall bill and attempt to collect such rent arrearages in the ordinary course of business, but shall not be obligated to
engage a collection agency or take legal action to collect any rent arrearages. Any rent or other income received by Seller or
Buyer after Closing which are owed to Seller or Buyer shall be remitted to Seller or Buyer as applicable, promptly after receipt.

 

    	14

    	 

    
 

 

(b)Tenant
Security Deposits. All unapplied tenant security deposits (and interest thereon if required by law or contract to be earned
thereon) under the Leases, shall be credited to Buyer at Closing.

 

(1)Service
Contracts. With respect to any contracts that are assumed by Buyer and survive the Closing, Seller shall receive a credit for
prepaid charges and premiums applicable to Buyer’s period of ownership. The Buyer shall receive a credit for any payments
made in arrears. In addition and without limitation of the foregoing, Buyer shall receive a credit under any assumed contract (each
a “Service Provider Contract”) in which Seller has received any advance payments or other income from
the servicer provider under such Service Provider Contract in exchange for agreeing to enter into such Service Provider Contract
(regardless of whether such advance payment or other income was paid in a lump sum or in installments). Any lump sum payments shall
be pro-rated on a straight line basis over the term of any applicable Service Provider Contract.

 

(2)Owner
Deposits. Seller shall be entitled to the return of all bonds, deposits, letters of credit, set aside letters or other similar
items, if any, that are outstanding with respect to the Property that have been provided by Seller or any of its affiliates, agents
or investment advisors to any governmental agency, public utility, or similar entity (collectively, “Owner Deposits”).
Buyer shall replace such Owner Deposits. To the extent that any funds are released as a result of the termination of any Owner
Deposits for which Seller did not receive a credit, such funds shall be delivered to Seller immediately upon their receipt.

 

(c)Final
Prorations. With regards to any prorations set forth in this Section 17 that are based upon estimates, such prorations
shall be readjusted based upon the actual bills after the Closing and before the expiration of the Limitation Period. The provisions
of this Section 17(c) shall survive Closing.

 

18.Default;
Termination. (a) IF THE CLOSING FAILS TO OCCUR BECAUSE OF BUYER’S DEFAULT, THE DEPOSIT SHALL BE RETAINED BY SELLER
AS LIQUIDATED DAMAGES. THE PARTIES HERETO EXPRESSLY AGREE AND ACKNOWLEDGE THAT SELLER’S ACTUAL DAMAGES IN THE EVENT OF A
DEFAULT BY BUYER WOULD BE EXTREMELY DIFFICULT OR IMPRACTICABLE TO ASCERTAIN BECAUSE OF THE NATURE OF THE PROPERTY AND THAT THE
AMOUNT OF THE DEPOSIT REPRESENTS THE PARTIES’ REASONABLE ESTIMATE OF SUCH DAMAGES. THE PAYMENT OF SUCH AMOUNT AS LIQUIDATED
DAMAGES IS NOT INTENDED AS A FORFEITURE OR PENALTY WITHIN THE MEANING OF ANY APPLICABLE LAWS, BUT IS INTENDED TO CONSTITUTE LIQUIDATED
DAMAGES TO SELLER. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS SECTION 18, SELLER AND BUYER AGREE THAT THIS
LIQUIDATED DAMAGES PROVISION IS INTENDED TO BE SELLER’S SOLE AND EXCLUSIVE REMEDY FOR A DEFAULT BY BUYER, BUT IS NOT INTENDED
AND SHOULD NOT BE DEEMED OR CONSTRUED TO LIMIT IN ANY WAY BUYER’S INDEMNIFICATION OBLIGATIONS UNDER THIS AGREEMENT.

    	15

    	 

    

 

 

	SELLER’S INITIALS:
    	 	 	BUYER’S INITIALS:
    	 	 
	 	 	 	 	 	 

  

(b)If
Seller defaults in any material respect hereunder, then provided Buyer is not in default any material respect, Buyer may, at its
sole election, either:

 

(1)Terminate
this Agreement, whereupon the Deposit shall be promptly returned to Buyer and neither party shall have any further liability or
obligation to the other, except for the provisions of this Agreement which are expressly stated to survive the termination of this
Agreement; or

 

(2)Assert
and seek judgment against Seller for specific performance with respect to one or more (at Buyer’s election) of the properties
that comprise the Property; provided that if Buyer elects to purchase less than all of such properties, then the Purchase Price
will be reduced to the percentage of the original Purchase that the number of properties homes purchased bears to the original
number of properties that comprise the Property. If a court of competent jurisdiction determines that the remedy of specific performance
is not available to Buyer, then Buyer shall have the right to assert and seek judgment against Seller for actual contract damages.

 

19.Expenses.

 

(a)All
recording fees respecting the Deed, title insurance premiums for the Title Policy, all state and county transfer taxes, brokerage
fees and commissions, and one-half (1⁄2) of the fee charged by Escrow Holder, shall be borne and paid by Buyer.

 

(b)One-half
(1⁄2) of the fee charged by Escrow Holder shall be borne and paid by Buyer.

 

(c)All
other costs, charges, and expenses shall be borne and paid as provided in this Agreement, or in the absence of such provision,
in accordance with custom where the properties in question are located.

 

20.Intermediaries.

 

(a)Seller
represents to Buyer, and Buyer represents to Seller, that there are no fees owed to any broker, finder, or intermediary of any
kind with whom such party has dealt in connection with this transaction. If any claim is made for broker’s or finder’s
fees or commissions in connection with the negotiation, execution or consummation of this Agreement or the transactions contemplated
hereby, each party shall defend, indemnify and hold harmless the other party from and against any such claim based upon any statement,
representation or agreement of such party, which obligation shall survive Closing.

 

    	16

    	 

    
 

21.Destruction
of Improvements..

 

(a)If,
prior to Closing, any of the Improvements on any of the properties that comprise the Property are damaged or destroyed such that
the cost of repair or replacement of such improvements is material (“Material Damage”), or a condemnation
proceeding is commenced or threatened in writing by a governmental or quasi-governmental agency with the power of eminent domain
(“Condemnation”), then:

 

(1)Buyer
may elect, within fourteen (14) days from receipt of notice of said Material Damage, or notice of a Condemnation, by written notice
to Seller, to exclude the individual property affected by such event from this transaction; provided that if more than twenty-five
percent (25%) of the properties that comprise the Property suffer Material Damage, or become the subject of a Condemnation, then
Buyer may terminate this Agreement. If necessary, the time of Closing shall be extended to permit Buyer to evaluate and make the
elections contemplated in this Section 21. If Buyer elects to terminate this Agreement in accordance with this Section
21, then the Deposit shall be returned to Buyer and, except for the provisions of this Agreement that expressly survive Closing
or earlier termination of this Agreement, this Agreement shall be void and of no further force and effect, and neither party shall
have any liability to the other by reason hereof; or

 

(2)if Buyer
elects to exclude certain properties from this transaction, and proceed to the Closing, then the Purchase Price will be reduced
to a fraction of the original Purchase Price equal to the ratio of the properties that Buyer purchases to the number of properties
that originally comprised the Property. If, however, it is determined that any damage to one or more properties does not constitute
a Material Damage, or Buyer elects to purchase one or more properties that have suffered Material Damage, then the transaction
contemplated hereby shall be closed without a reduction in the Purchase Price, and Seller shall assign to Buyer Seller’s
rights in any insurance proceeds or Condemnation award to be paid to Seller in connection with such damage or Condemnation, and,
in the case of Material Damage, Seller shall pay to Buyer an amount equal to the deductible under Seller’s policy of casualty
insurance and Seller shall execute and deliver to Buyer all required proofs of loss, assignments of claims and other similar items.

 

(b)For
purposes of this Section 21, damage or destruction will be considered “Material Damage” if one or more of the
properties that comprise the Property are rendered uninhabitable, or if the time to repair such damage, despite reasonable expectations
with respect to repairs, is reasonably by Buyer to exceed three months. If, prior to Closing, any of the improvements on the Property
are damaged or destroyed and such damage is not Material Damage, Buyer shall remain obligated to close hereunder with no abatement
in the Purchase Price. At Closing, Seller shall assign to Buyer Seller’s rights in any insurance proceeds to be paid to Seller
in connection with such damage or destruction, and Buyer shall receive a credit against the Purchase Price in an amount equal to
the deductible amount under Seller’s casualty insurance policy.

 

    	17

    	 

    
 

22.General Provisions.

 

(a)Entire
Agreement. This written Agreement, including all Exhibits attached hereto and documents to be delivered pursuant hereto, shall
constitute the entire agreement and understanding of the parties, and there are no other prior or contemporaneous written or oral
agreements, undertakings, promises, warranties, or covenants not contained herein.

 

(b)Amendments
in Writing. This Agreement may be amended only by a written memorandum subsequently executed by all of the parties hereto.

 

(c)Waiver.
No waiver of any provision or condition of this Agreement by any party shall be valid unless in writing signed by such party. No
such waiver shall be taken as a waiver of any other or similar provision or of any future event, act, or default.

 

(d)Time
of the Essence. Time is of the essence of this Agreement. However, if Buyer is acting diligently and in good faith to proceed
with the consummation of the transaction contemplated by this Agreement on the Closing Date, Seller will agree, upon the written
request of Buyer, to extend the Closing Date up to three (3) business days. In the computation of any period of time provided for
in this Agreement or by law, any date falling on a Saturday, Sunday or legal holiday when banks are not open for business in the
State where the Property is located, will be deemed to refer to the next day which is not a Saturday, Sunday, or legal holiday
when banks are not open for business in such State.

 

(e)Severability.
If any provision of this Agreement is rendered unenforceable in whole or in part, such provision will be limited to the extent
necessary to render the remainder of the Agreement valid, or will be deemed to be removed from this Agreement, as circumstances
require, and this Agreement shall be construed as if said provision had been incorporated herein as so limited, or as if said provision
has not been included herein, as the case may be.

 

(f)Headings.
Headings of sections are for convenience of reference only, and shall not be construed as a part of this Agreement.

 

(g)Successors
and Assigns. This Agreement shall be binding upon and shall inure to the benefits of the parties hereto, and their respective
successors, and permitted assigns. This Agreement may not be assigned by either party without the consent of the other party, except
that Buyer may, without consent from Seller, assign this Agreement to an affiliate of Buyer, or any entity formed by Buyer for
the purpose of acquiring or taking title to the Property; provided that such assignment will not release Buyer from its obligations
under this Agreement. Any assignment in accordance with this Section 22(g) will entitle the assignee thereunder to all rights
and benefits, and subject such assignee to all obligations, of Buyer hereunder.

 

(h)Notices.
All notices and other communications required or permitted hereunder shall be in writing and shall be mailed, or sent by Federal
Express, UPS or other recognized overnight courier service for next business day delivery, or sent by facsimile transmission or
electronic mail (so long as reasonable evidence that such notice was sent and received is obtained by the sending party). Any notice
provided hereunder shall be deemed to be given when sent in accordance with this provision, but any time to respond to such notice
as provided in this Agreement will not commence until the actual receipt of the notice. Notices will be deemed valid if sent to
the parties as follows:

 

    	18

    	 

    
 

 

IF TO BUYER

 

Reven Acquisitions,
LLC

7911 Herschel
Avenue, Suite 201

La Jolla,
California 92037

Phone: 858-459-4000

e-mail: cmc@revencapital.com

Attention:
Chad Carpenter and Michael Soni

 

 

with a copy to:

 

Greenberg Traurig, LLP

1840 Century Park East

Suite 1900

Los Angeles, California
90067

Phone: (310) 586-6505

e-mail: treisterd@gtlaw.com

Attention: Dana S. Treister

 

with an additional copy
to:

 

Greenberg Traurig, LLP

1840 Century Park East

Suite 1900

Los Angeles, California
90067

Phone: (310) 586-7855

e-mail: presants@gtlaw.com

Attention: Sandy
Presant

 

IF TO SELLER:

 

WRI Capital Group II
LLC

972 Commerce Center Court

Fort Myers, Florida 33908-3606

Phone: (239) 243 - 0009

e-mail: cbrechbill@wricapitalgroup.com

Attention: Mr. Colin
Brechbill

 

    	19

    	 

    

 

IF TO ESCROW HOLDER:

 

Feldman Law Offices,
LLC

1847 Peeler Road - Suite
C

Dunwoody, Georgia 30338

Phone: (770) 393-4757

e-mail: larry@feldman-law.net

Attention: Larry Feldman

 

 

or to such additional or other persons,
at such other address or addresses as may be designated by notice from Buyer or Seller, as the case may be, to the other. Notices
by mail shall be sent by United States certified or registered mail, return receipt requested, postage prepaid, and shall be deemed
given upon receipt or refusal of receipt. Notices by facsimile or electronic mail shall be deemed given and effective upon receipt
or refusal of receipt. Notices by overnight courier shall be deemed given and effective upon receipt or refusal of receipt from
Federal Express, UPS or another recognized overnight courier service.

 

(i)Governing
Law; Venue. To the extent enforceable, the parties agree that this Agreement shall be governed in all respects by the internal
laws of the State of Georgia; provided that if the dispute involves an individual property the law of the State where such property
is located will apply. In any dispute arising out of or related to this Agreement, an action must be brought in Federal or State
court, as applicable, in the County of Los Fulton, Georgia. The provisions of this Section 22(i) will survive the termination
of this Agreement.

 

(j)Counterparts.
This Agreement may be executed in any number of identical counterparts, any or all of which may contain the signatures of less
than all of the parties, and all of which shall be construed together as but a single instrument.

 

(k)Attorneys’
Fees. If any action or proceeding brought by either party against the other under this Agreement, the prevailing party shall
be entitled to recover all costs and expenses including its attorneys’ fees in such action or proceeding in such amount as
the court may adjudge reasonable. The prevailing party shall be determined by the court based upon an assessment of which party’s
major arguments made or positions taken in the proceedings could fairly be said to have prevailed over the other party’s
major arguments or positions on major disputed issues in the court’s decision. If the party that commenced or instituted
the action, suit or proceeding dismisses or discontinues it without the concurrence of the other party, such other party shall
be deemed the prevailing party. The provisions of this Section 22(k) will survive any termination of this Agreement.

 

    	20

    	 

    
 

 

(l)Construction.
This Agreement will not be construed more strictly against either party by virtue of the fact that it was prepared by one party
or its counsel, it being recognized that each party hereto has had the opportunity to review, have its counsel review, and provide
input into this Agreement. All words herein that are expressed in the neuter gender shall be deemed to include the masculine, feminine
and neuter genders and any word herein that is expressed in the singular or plural shall be deemed, whenever appropriate in the
context, to include the plural and the singular.

 

(m)Reporting
Obligations. Seller and Buyer hereby designate Escrow Holder to act as and perform the duties and obligations of the “reporting
person” with respect to the transaction contemplated by this Agreement for purposes of 26 C.F.R. Section 1.6045-4(e)(5)
relating to the requirements for information reporting on real estate transactions. If required under applicable law, Seller, Buyer
and Escrow Holder shall execute at Closing a Designation Agreement designating the Escrow Holder as the reporting person with respect
to the transaction contemplated by this Agreement.

 

(n)1031
Exchange. Either party may involve this transaction in a like-kind exchange under Internal Revenue Code Section 1031, the cost
and expense of which will be borne solely by the party invoking such structure. Each party shall reasonably cooperate with the
other in such structure, provided that the party that is not participating in a like-kind exchange shall incur no material costs,
expenses or liabilities in connection with the other’s exchange and will not be required to take title to or contract for
purchase of any other property. If either party uses a qualified intermediary or exchange accommodator to effectuate the exchange,
any assignment of the rights or obligations of such party shall not relieve, release or absolve such party of its obligations to
the other.

 

(o)Bulk
Sales. Seller agrees to indemnify and hold Buyer, any permitted assignee of Buyer’s rights under this Agreement and any
of their respective affiliates, officers, directors, shareholders, members, partners, agents, employees and advisors (collectively,
the “Indemnified Parties”) harmless from and against any and all claims, damages, losses, costs, expenses,
liens, actions and causes of actions (including, without limitation, reasonable attorneys’ fees and expenses) that may be
incurred by, or asserted against, Buyer, any of the other Indemnified Parties or the Property by reason of either such noncompliance
with the Bulk Sales laws applicable in the state or states where the Property is located, or the failure of Seller to have paid
any taxes, penalties or interest which are the subject of such laws. The provisions and obligations of this Section 24(o)
shall survive the Closing.

 

    	21

    	 

    
 

 

(p)Confidentiality.
Buyer and its representatives shall hold in strictest confidence all data and information obtained with respect to the operation
and management of the Property, whether obtained before or after the execution and delivery hereof, and shall not use such data
or information for purposes unrelated to this Agreement or disclose the same to others except as expressly permitted hereunder.
The preceding sentence shall not be construed to prevent Buyer from disclosing to its prospective lenders or investors, or to its
officers, directors, attorneys, accountants, architects, engineers and consultants to perform their designated tasks in connection
with Buyer’s inspection and proposed acquisition of the Property, provided Buyer advises any such party of the confidential
nature of the information disclosed. However, neither party shall have this obligation concerning information which: (a) is
published or becomes publicly available through no fault of either the Buyer or Seller; (b) is rightfully received from a
third party; or (c) is required to be disclosed by law. Notwithstanding the preceding, nothing in this Agreement will prevent
or be deemed to limit Buyer’s ability to disclose the existence of this Agreement, and the nature of any material terms herein,
to the Securities and Exchange Commission or any other governmental agency to which Buyer, or its successors hereunder, have a
disclosure obligation under any applicable law.

 

[SIGNATURE PAGE FOLLOWS]

 

    	22

    	 

    

 

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

 

 

SELLER

 

WRI Capital Group II LLC, Georgia
limited liability company

 

By: /s/ Lance Popp                            

Name:  Lance Popp

 

 

 

BUYER

 

 

Reven Acquisitions, LLC, a Delaware limited liability
company

 

 

 

By: /s/ Chad Carpenter                     

          Chad Carpenter

          Chief Executive Officer

 

 

    	23

    	 

    
 

LIST OF EXHIBITS AND SCHEDULES

 

	EXHIBITS	DESCRIPTIONS
	1. EXHIBIT A	DESCRIPTION AND VALUES OF PROPERTIES
	2. EXHIBIT B	LIST OF CONTRACTS
	3. EXHIBIT C	FORM OF DEED
	4. EXHIBIT D	FORM OF BILL OF SALE
	5. EXHIBIT E	FORM OF ASSIGNMENT OF LEASES AND CONTRACTS
	6. EXHIBIT F	FORM OF FIRPTA AFFIDAVIT
	 	 
	SCHEDULES	DESCRIPTIONS
	1. 6(a)(3)	PROPERTY INFORMATION
	 	 

 

 

 

    	 

    	 

    

 

EXHIBIT
A

 

DESCRIPTION
OF PROPERTies

 

 

	No.	 	 	Address	 	 	Zip Code	 	 	 	Price	 
	1	 	 	9182 Jefferson Village Drive Covington, Georgia	 	 	30016	 	 	$	65,763.61	 
	2	 	 	1740 Camden Forrest Trail Riverdale, Georgia	 	 	30296	 	 	$	69,749.28	 
	3	 	 	11352 Michelle Way Hampton, Georgia	 	 	30228	 	 	$	67,756.45	 
	4	 	 	7220 Little Fawn Parkway Palmetto, Georgia	 	 	30268	 	 	$	67,756.45	 
	5	 	 	205 Highgate Trail, Covington, Georgia	 	 	30016	 	 	$	69,749.28	 
	6	 	 	5242 Station Circle, Norcross GA	 	 	30238	 	 	$	71,742.12	 
	7	 	 	615 Cowan Road Covington, Georgia	 	 	30016	 	 	$	73,734.96	 
	8	 	 	110 Bear Run Ct Palmetto, GA	 	 	30268	 	 	$	67,756.45	 
	9	 	 	924 Lake Terrace Drive, Stone Mountain, Georgia	 	 	30088	 	 	$	69,749.28	 
	10	 	 	4860 Lost Colony Stone Mountain, GA	 	 	30088	 	 	$	71,742.12	 
	 	 	 	 	 	 	 	 	 		$695,500.00	 

 

 

 

 

Exhibit A
– Page 1

 

    	 

    	 

    

 

EXHIBIT
B

 

LIST
OF CONTRACTS

 

 

1.

 

 

Exhibit B
– Page 1

 

    	 

    	 

    

 

EXHIBIT
C

 

FORM
OF DEED

 

 

 

 

(Above Space for Recording Information)

 

 

 

 

STATE OF GEORGIA

COUNTY OF FULTON

 

LIMITED WARRANTY DEED

 

 

THIS INDENTURE is made
as of the ___ day of July, 2012, by and between WRI CAPITAL GROUP II, LLC a Georgia limited liability company, (hereinafter referred
to as "Grantor"), and REVEN ACQUISITIONS, LLC, a Delaware limited liability company (hereinafter referred to as
“Grantee”); the designation “Grantor” and “Grantee” as used herein shall include said
named parties and their respective heirs, successors and assigns, except as hereinafter set forth as to Grantor, and shall include
the singular, plural, masculine, feminine or neuter as required by context.

 

W I T N E S S E T H 

 

GRANTOR, 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 are hereby acknowledged, has granted, bargained, sold, aliened, conveyed, and confirmed, and by these presents does grant,
bargain, sell, alien, convey and confirm unto Grantee, all of Grantor’s interest in all that tract or parcel of land lying
and being in Land Lot ___ of the ____ District, _____ County, Georgia, and being more particularly described on Exhibit “A”,
attached hereto and made a part hereof by this reference, together with all improvements now located thereon (collectively, the
“Property”).

 

TO HAVE AND TO HOLD
the Property, together with any and all of the rights, members and appurtenances thereof, to the same being, belonging or in anywise
appertaining to, the only proper use, benefit and behoof of the Grantee and the heirs, legal representatives, successors and assigns
of Grantee forever IN FEE SIMPLE.

 

GRANTOR will warrant
and forever defend the right and title to the Property unto Grantee and the heirs, legal representatives, successors and assigns
of Grantee, against the claims of all persons claiming through the Grantor, but not otherwise.

 

Exhibit C
– Page 1

 

    	 

    	 

    

 

IN WITNESS WHEREOF, the Grantor has caused
this instrument to be signed, sealed and delivered as of the day of first above written.

 

  

	
        Signed, sealed and delivered in the

        presence of:

         

         

         

        _______________________________

        Unofficial Witness

         

         

         

        _______________________________

        Notary Public

         

        My Commission Expires:

         

[Affix
Notarial Seal]

         
	
        WRI CAPITAL GROUP II, LLC

         

         

         

         

        By:______________________________

      James Lance Popp, Managing Member

         

         

         

         

         

 

 

 

 Exhibit
C – Page 2

 

    	 

    	 

    

 

 

EXHIBIT
D

 

FORM OF BILL OF SALE

 

____________________________,
a(n) _________________ (“Seller”), for good and valuable considerations, receipt and sufficiency of which are hereby
acknowledged, does hereby quitclaim, sell, assign, transfer and set over to _________________, a ____________ limited liability
company (“Buyer”), all of its right, title and interest, if any, in and to any Personal Property located on and used
in connection with the Property. Seller warrants that it owns such Personal Property free and clear of liens and encumbrances of
any persons claiming by, through or under Seller.

 

Capitalized terms used
herein shall have the meanings given to them in that certain Single Family Homes Real Estate Purchase and Sale Agreement, dated
as of _____, 2012, between Seller and Buyer.

 

IN WITNESS WHEREOF,
Seller has caused this bill of sale to be signed and sealed in his name by its officer thereunto duly authorized this ____ day
of _________, 2012.

 

SELLER:

 

_____________, a(n) _________
limited liability company

 

 

 

By:______________________________

Name:____________________________

Its:______________________________

 

 

Exhibit D
– Page 1

 

    	 

    	 

    

 

 

EXHIBIT
E

 

FORM OF ASSIGNMENT OF LEASES AND CONTRACTS
AND CONTRACTS 

 

THIS ASSIGNMENT OF LEASES AND CONTRACTS AND CONTRACTS (this
“Assignment”) is entered into as of the ____ of _______, 2012 (the “Effective Date”),
between ______________, a(n) ___________ limited liability company (“Assignor”) and ________________,
a(n) __________ limited liability company (“Assignee”)

 

RECITALS

 

Assignor has conveyed
to Assignee that certain parcel of real property and improvements located at ________ pursuant to that certain Single Family Homes
Real Estate Purchase and Sale Agreement, dated as of _________ ___, 2012 (the “Agreement”) by and between
Assignor, as Seller, and Assignee, as Buyer. Capitalized terms not otherwise defined herein shall have the meaning given to them
in the Agreement.

 

Assignor now desires
to assign and transfer to Assignee all of Assignor’s right, title and interest in, to and under the Leases and the Contracts.

 

1.Property.
The “Property” means the real property located in _________, legally described in Exhibit A attached
to this Assignment, together with the building, structures and other improvements located thereon.

 

2.Leases.
The “Leases” means those leases and occupancy agreements affecting the Property which are described in
Exhibit B attached to this Assignment.

 

3.Contracts.
“Assumed Contracts” means those agreements (including any service, maintenance, or repair
contracts) that are listed on Exhibit C attached to this Assignment that will survive the Closing.

 

4.Assignment.
For good and valuable consideration received by Assignor, the receipt and sufficiency of which are hereby acknowledged, Assignor
hereby grants, transfers and assigns to Assignee the entire right, title and interest of Assignor in and to the Leases and the
Contracts.

 

5.Assumption.
Assignee hereby assumes and agrees to perform the obligations of Assignor under the Leases and Contracts which accrue and are attributable
to the period from and after the Effective Date. Additionally, Assignee agrees to pay all monetary obligations when due under the
Contracts arising before the Effective Date to the extent Assignee received a credit on the settlement statement in connection
with its purchase of the Property.

 

6.Successors
and Assigns. This Assignment shall be binding upon and inure to the benefit of Assignor and Assignee and their respective successors
and assigns.

 

7.Counterparts.
This Assignment may be executed in any number of identical counterparts, any or all of which may contain the signatures of fewer
than all of the parties but all of which shall be taken together as a single instrument.

 

Exhibit E
– Page1

 

    	 

    	 

    
 

 

8.Governing
Law. This Assignment shall be governed and interpreted in accordance with the laws of __________________.

 

IN WITNESS WHEREOF,
Assignor and Assignee have caused this Assignment of Leases and Contracts to be executed as of this ______ day of ________________,
2012.

 

ASSIGNOR

 

______________, a(n)_____________ limited liability

company

 

 

By:______________________________

Name:____________________________

Its:______________________________

 

ASSIGNEE

 

_____________________

 

By:______________________________

Name:____________________________

Its:______________________________

 

 

Exhibit E
– Page 2

 

 

    	 

    	 

    

 

 

EXHIBIT
F

 

FORM
OF FIRPTA AFFIDAVIT

 

Section 1445 of the
Internal Revenue Code, as amended, provides that a transferee of a United States real property interest must withhold tax if the
transferor is a foreign person. To inform the Transferee (hereinafter defined) that withholding of tax is not required upon the
disposition of a United States real property interest by ______________, a(n) ________ limited liability company (the “Transferor”)
to ___________________, a(n) _______ limited liability company (the “Transferee”) relating to the real property
described on Schedule A hereto (the “Transferred Interests”), the undersigned, being first duly
sworn upon oath, does hereby depose and say, and does hereby on behalf of the Transferor represent that the following is true as
of the date hereof:

 

1.__________________
is the______________________ of the Transferor, and is familiar with the affairs and business of the Transferor;

 

2.The Transferor
is not a foreign person; that is, the Transferor is not a nonresident alien, a foreign corporation, foreign partnership, foreign
trust or foreign estate (as all such terms are defined in the Internal Revenue Code of 1986, as amended, and United States Treasury
Department Income Tax Regulations in effect as of the date hereof);

 

3.The Transferor
is a ______________ duly organized, validly existing and in good standing under the laws of the State of _________;

 

4.The Transferor’s
United States employer identification number is ______________; and

 

5.The Transferor’s
office address and principal place of business is c/o __________________________.

 

6.Transferor is
not a disregarded entity as defined in §1.1445-2(b)(2)(iii);

 

The undersigned and
the Transferor understand that this affidavit and certification may be disclosed to the United States Internal Revenue Service
by the Transferee and that any false statement contained herein could be punished by fine, imprisonment, or both.

 

All terms (whether
capitalized or not) used but not defined herein shall have the same respective meanings as in the Internal Revenue Code of 1986,
as amended, and the United States Treasury Department Income Tax Regulations in effect as of the date hereof.

 

Under penalties of
perjury, we declare that we have examined this affidavit and certificate, and to the best of our knowledge and belief, it is true,
correct and complete. We further declare that we have authority to sign this affidavit and certificate on behalf of the Transferor.

 

Exhibit F
– Page 1

 

    	 

    	 

    

 

IN WITNESS WHEREOF,
Transferor has executed and delivered this FIRPTA Affidavit as of _____, 2012

 

_______________________, a(n) ___________ limited
liability

company

 

By:______________________________

Name:____________________________

Its:______________________________ 

 

 

Exhibit F
– Page 2

 

    	 

    	 

    

 

 

SCHEDULE 6(a)(3)

PROPERTY INFORMATION

 

 

[SUBJECT TO FURTHER REVIEW AND DEAL-SPECIFIC
DOCUMENTATION]

 

		1.	Copies of all Contracts listed in Exhibit B to this Agreement.

 

		2.	Leases for each property that comprises the Property. A copy of Seller’s rent rolls for the
calendar month in which the Closing occurs and the eleven calendar months preceding the month in which the Closing occurs.

 

		3.	Copies of all certificates of occupancy and other licenses and permits.

 

		4.	Copies of all environmental, engineering, geo-technical reports.

.

		5.	Insurance loss histories for preceding three calendar years.

 

		6.	Copies of three most recent real estate tax bills.

 

		7.	A copy of the most recent surveys for the properties that comprise the Property.

 

		8.	All internal operating statements prepared by Seller, all cash receipt journals and bank statements
relating to the properties, and Seller’s general ledger, each for the period commencing in January 2011 and ending in the
month in which the Closing occurs.

 

		9	Schedule of tangible personal property.

 

		10	Detailed reports, including but not limited to aging summary, prepaid rents, refundable security
deposits, misc. income.

 

		11	Copies of utility bills for the past three months.

 

		12	Summary of pending litigation and claims.

 

		13	A schedule of all items of repair and maintenance performed by, or at the direction of, Seller
during the 12-month period preceding the Closing. Copies of tenant maintenance and service request logs for the past three months.

 

		14	Capital expenses and fixed asset additions made by, or at the direction of, Seller during the year
preceding the Closing.

 

		15	Any proposed capital improvement budgets and pending proposals or executed contracts for repairs
and maintenance.

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