Document:

Exhibit 10.70

Exhibit 10.70

CANADIAN EMPLOYEE RESTRICTED STOCK UNIT AWARD AGREEMENT1

The Shaw Group Inc.

2008 Omnibus Incentive Plan

This Restricted Stock Unit Award Agreement (the “Agreement”) dated as of [Insert Grant
Date]2 (the “Grant Date”) is entered into between The Shaw Group Inc. (the “Company”)
and [Insert Recipient’s Name] (the “Recipient”) pursuant to The Shaw Group Inc. 2008 Omnibus
Incentive Plan (as the same may hereafter be amended, supplemented or otherwise modified, the
"Plan”).

THE PARTIES HERETO AGREE AS FOLLOWS:

1. Incorporation of Plan Provisions. The Award evidenced hereby is made under and pursuant
to the Plan, a copy of which is available from the Company’s Secretary and incorporated herein by
reference, and the Award is subject to all of the provisions thereof. Capitalized terms used
herein without definition shall have the same meanings given such terms in the Plan. The Recipient
represents and warrants that he or she has read the Plan and is fully familiar with all the terms
and conditions of the Plan and agrees to be bound thereby.

2. Award of Restricted Stock Units. In consideration of the services performed and to be
performed by the Recipient, the Company hereby awards to the Recipient under the Plan a total of
[Insert #] Restricted Stock Units (the “Award”) subject to the terms and conditions set forth in
this Agreement and the Plan.

3. Vesting of Restricted Stock Units. The Restricted Stock Units shall vest according to
the following schedule (each date vesting occurs shall be referenced herein as a “Vesting Date”):

	 	 	 
	On or after each of the following dates	 	Cumulative Percentage of Restricted Stock Units Vested
	[Insert 1st Vesting Date]
	 	25%
	[Insert 2nd Vesting Date]
	 	50%
	[Insert 3rd Vesting Date]
	 	75%
	[Insert 4th Vesting Date]
	 	100%

Notwithstanding the above, occurrence of any of the following events shall cause the immediate
vesting of Restricted Stock Units:

	 	(i)	 	the death of the Recipient; and

	 
	 	(ii)	 	the Disability of the Recipient.

Except as otherwise set forth herein, the unvested portion of the Award shall be entirely forfeited
by the Recipient in the event that prior to vesting the Recipient breaches any terms or conditions
of the Plan, the

 

	 	 	 
	1	 	This form is for use for all Canadian employees other than Section
16 Officers.

	 
	2	 	The date on which the Restricted Stock Units evidenced hereby were
granted.

 

 

 

Recipient resigns from the Company, the Recipient’s employment with the Company is terminated for
reasons other than death or Disability, or any condition(s) imposed upon vesting are not met.

4. Restricted Stock Units are Non-Transferable. The Restricted Stock Units awarded hereby
may not be sold, assigned, transferred, pledged or otherwise disposed of, either voluntarily or
involuntarily, prior to payment.

5. Payment upon Vesting of Restricted Stock Units. Subject to the terms and conditions of
the Plan, the Company shall, as soon as practicable following each Vesting Date, deliver to you a
number of Shares equal to the aggregate number of Restricted Stock Units that became vested on the
applicable Vesting Date.

6. No Dividend or Voting Rights. The Recipient acknowledges that he or she shall be
entitled to no dividend or voting rights with respect to the Restricted Stock Units.

7. Withholding Taxes; Section 83(b) Election.

(a) No Shares or cash will be payable upon the vesting of a Restricted Stock Unit unless and
until the Recipient satisfies any Federal, state or local withholding tax obligation required by
law to be withheld in respect of this Award. The Recipient acknowledges and agrees that to satisfy
any such tax obligation the Company may deduct and retain from the cash and/or Shares payable upon
vesting of Restricted Stock Units such cash and/or such number of Shares as is equal in value to
the Company’s minimum statutory withholding obligations with respect to the income recognized by
the Recipient upon such vesting (based on minimum statutory withholding rates for Federal and state
tax purposes, including payroll taxes, that are applicable to such income). The number of such
Shares to be deducted and retained shall be based on the closing price of the Shares on the
applicable Vesting Date.

(b) The Recipient acknowledges that no election under Section 83(b) of the Internal Revenue
Code of 1986 may be filed with respect to this Award.

8. Miscellaneous.

(a) No Representations or Warranties. Neither the Company nor the Committee or any of
their representatives or agents has made any representations or warranties to the Recipient with
respect to the income tax or other consequences of the transactions contemplated by this Agreement,
and the Recipient is in no manner relying on the Company, the Committee or any of their
representatives or agents for an assessment of such tax or other consequences.

(b) Employment. Nothing in this Agreement or in the Plan or in the making of the
Award shall confer on the Recipient any right to or guarantee of continued employment with the
Company or any of its Subsidiaries or in any way limit the right of the Company or any of its
Subsidiaries to terminate the employment of the Recipient at any time.

(c) Investment. The Recipient hereby agrees and represents that any Shares payable
upon Vesting of the Restricted Stock Units shall be held for the Recipient’s own account for
investment purposes only and not with a view of resale or distribution unless the Shares are
registered under the Securities Act of 1933, as amended.

(d) Necessary Acts. The Recipient and the Company hereby agree to perform any further
acts and to execute and deliver any documents which may be reasonably necessary to carry out the
provisions of this Agreement.

 

2

 

(e) Severability. The provisions of this Agreement are severable and if any one or
more provisions may be determined to be illegal or otherwise unenforceable, in whole or in part,
the remaining provisions, and any partially enforceable provision to the extent enforceable in any
jurisdiction, shall nevertheless be binding and enforceable.

(f) Waiver. The waiver by the Company of a breach of any provision of this Agreement
by the Recipient shall not operate or be construed as a waiver of any subsequent breach by the
Recipient.

(g) Binding Effect; Applicable Law. This Agreement shall bind and inure to the
benefit of the Company and its successors and assigns, and the Recipient and any heir, legatee, or
legal representative of the Recipient. This Agreement shall be interpreted under and governed by
and constructed in accordance with the laws of the State of Louisiana.

(h) Administration. The authority to manage and control the operation and
administration of this Agreement shall be vested in the Committee, and the Committee shall have all
powers with respect to this Agreement as it has with respect to the Plan. Any interpretation of
the Agreement by the Committee and any decision made by it with respect to the Agreement is final
and binding.

(i) Amendment. This Agreement may be amended by written agreement of the Recipient
and the Company, without the consent of any other person.

IN WITNESS WHEREOF, the parties to this Agreement have executed this Agreement effective as of the
date first above written.

	 	 	 	 	 
	 	COMPANY:
 
THE
SHAW GROUP INC.
 
	 
	 	
/ s / Dirk J. Wild 	 
	 	Dirk J. Wild

Senior Vice President and

Chief Human Resources Officer

 	 
	 	 	 
	 	 	 
	 	 	 
	 
	 	RECIPIENT:

 	 
	 	
 	 
	 	[Insert Recipient's Name] 	 
	 	 	 
	 

 

3Exhibit 10.1

Exhibit
10.1

TREMONT NET FUNDING II, LLC

200 State Street

Boston, Massachusetts 02109

December 29, 2009

GERA 6400 SHAFER LLC

c/o Grubb & Ellis Realty Advisors

500 West Monroe, Suite 2800

Chicago, Illinois, 60661

GERA ABRAMS CENTRE LLC

c/o Grubb & Ellis Realty Advisors

500 West Monroe, Suite 2800

Chicago, Illinois, 60661

Re: TREMONT NET FUNDING II, LLC LOAN ARRANGEMENT (THE “LOAN ARRANGEMENT”) WITH GERA
6400 SHAFER LLC AND GERA ABRAMS CENTRE LLC.

Dear Sir/Madam:

Reference is made to that certain $42,500,000.00 loan (hereinafter, the “Loan”)
entered into by and among GERA ABRAMS CENTRE LLC, a Delaware limited liability company
(“Abrams”), GERA 6400 SHAFER LLC, a Delaware limited liability company (“Shafer”
and together with Abrams, individually and collectively, jointly and severally, the
“Borrower”) and TREMONT NET FUNDING II, LLC (the “Lender”), under that certain (i)
Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing, dated as of June 15,
2007 which grants Lender a first priority lien on that certain property located at 9330 LBJ
Freeway, Dallas, Texas 75231 (the “Abrams Property”) and (ii) Mortgage, Security Agreement,
Assignment of Rents and Fixture Filing, dated as of June 15, 2007 which grants Lender a first
priority lien on that certain property located at 6400 Shafer Court, Rosemont, Illinois (the
“Shafer Property” and together with the Abrams Property, collectively, the
“Property”)(hereinafter, collectively, as have been, or may be amended, modified or
supplemented, the “Security Instrument”). Capitalized terms used herein but not defined
shall have the meaning ascribed thereto in the Security Instrument.

Whereas, Borrower has requested and Lender has agreed as follows:

(1) The term of the Loan is hereby extended from July 9, 2009 until March 31, 2010.
Accordingly, each reference in the Loan Documents to July 9, 2009 shall be deleted in its entirety
and replaced with March 31, 2010. Borrower shall have no further right to extend the term of the
Loan beyond March 31, 2010;

 

 

 

(2) Borrower hereby covenants and agrees that, at all times from the date hereof until March
31, 2010 (the “Final Extension Period”), it will continue to (i) attempt to lease space
within the Property to prospective third-party Tenants (in each case, notwithstanding the terms and
conditions of the Loan Documents, Lender shall have the right in its sole and absolute
discretion to approve each “new” tenant at the Property any extension or amendment of any existing
lease and any proposed capital expenditures or tenant improvements to be incurred in connection
with any such leases, extensions or amendments), and (ii) cooperate with Lender in marketing the
Property to potential purchasers and/or potential joint venture partners. Further, to the extent
Lender is successful in procuring a Person willing to (x) purchase all or a portion of the Property
for a purchase price and on terms acceptable to Lender in its sole and absolute discretion and/or
(y) enter into a joint venture agreement, on terms acceptable to Lender in its sole and absolute
discretion in which event Borrower and Guarantor are released from all of their respective direct
and indirect ownership of the Property and all of their respective obligations under the Loan
Documents. Borrower will, promptly following request by Lender execute all necessary and
appropriate documentation evidencing same in such form as is acceptable to Borrower in its
commercially reasonable judgment (it being acknowledged and agreed that any documentation which
serves to completely release Borrower and Guarantor from all of their respective direct and
indirect ownership of the Property and all of their respective obligations under the Loan Documents
shall be deemed commercially reasonable and acceptable to Borrower, provided that neither Borrower
nor Guarantor are required to incur any cost, expense or contingent liability). Lender shall
indemnify, defend and hold Borrower harmless from any and all claims, losses and/or liabilities
arising from or related to Lender’s marketing, negotiating and closing any potential sale or joint
venture arrangement for the Property;

(3) Simultaneous with Borrower’s execution of this letter (“Letter”), Borrower shall
deliver to Lender (x) with respect to the Abrams Property, a fully executed special warranty deed
(in blank), bill of sale and assignment of rents and leases and notice letter to Tenants (copies of
which are attached hereto as Exhibit A) and (y) with respect to the Shafer Property, a
fully executed special warranty deed (in blank), bill of sale and assignment of rents and leases
(copies of which are attached hereto as Exhibit B) (the documentation attached as
Exhibit A and Exhibit B is hereinafter referred to as the “Real Property
Transfer Documentation”). Lender shall hold the foregoing documentation in escrow until the
earlier to occur of (i) an Event of Default (in which case Lender shall have the option to record
all or a portion of the Real Property Transfer Documentation and effectuate a transfer of all or a
portion of the Property), (ii) solely with respect to the Shafer Property, December 29, 2009 and
(iii) solely, with respect to the Abrams Property, the earlier to occur of (aa) March 30, 2010,
(bb) the Call Option Effective Date or (cc) the Put Option Effective Date (the earlier to occur of
(aa), (bb) or (cc) is hereinafter referred to as the “Abrams Transfer Event”).

With respect to the Shafer Property, on or before December 29, 2009, Lender (or its nominee)
will record the applicable Real Property Transfer Documentation and effectuate the transfer of the
Shafer Property from the Borrower to a nominee of Lender or such other Person as Lender may choose.

With respect to the Abrams Property, on or simultaneous with the occurrence or effectiveness
(as the context so requires) of an Abrams Transfer Event, Lender (or its nominee) will record the
applicable Real Property Transfer Documentation and effectuate the transfer of the Abrams Property
from the Borrower to a nominee of Lender or such other Person as Lender may choose.

 

 

 

Notwithstanding the foregoing or anything to the contrary contained herein and solely with
respect to the Shafer Property, Lender hereby agrees that in the event Lender (or its nominee) has
not recorded or executed and delivered (as applicable) the applicable Real Property Transfer
Documentation and provided written evidence thereof (in the form of conformed copies of the
recorded special warranty deeds and counter-signed copies of the bill of sale and assignment of
leases and rents) to Borrower by, December 29, 2009, then on December 30, 2009, Borrower shall have
the right to record a fully executed special warranty deed (granting title to the Shafer Property
to TSLF SHAFER, LLC, a Delaware limited liability company (“Shafer Transferee”) (a copy of
which to accept is attached hereto as Exhibit C). Shafer Transferee hereby accepts such
special warranty deed and consents to Borrower recording same. In addition to the special warranty
deed attached as part of Exhibit C, the Outside Date Real Property Transfer Documentation
(as defined below) also includes a bill of sale, assignment of leases and rents and a notice letter
to Tenants for the Shafer Property, which will be delivered to and accepted by Shafer Transferee on
or before December 31, 2009. Lender and Transferees acknowledge and agree that, except as
specifically set forth in any of the Real Property Transfer Documentation or Outside Date Real
Property Transfer Documentation applicable to the Shafer Property, any transfer of the Shafer
Property by Borrower pursuant to this Letter is on an “as-is”, “where-is” basis without
representation or warranty of any kind, express or implied, as to habitability, suitability for a
particular purpose, the economic or legal condition of the Property, or any other representation or
warranty, except as expressly set forth in this Letter or in the applicable transfer documents;

Further, notwithstanding the foregoing or anything to the contrary contained herein and solely
with respect to the Abrams Property, Lender hereby agrees that in the event Lender (or its nominee)
has not recorded or executed and delivered (as applicable) the applicable Real Property Transfer
Documentation and provided written evidence thereof (in the form of conformed copies of the
recorded special warranty deeds and counter-signed copies of the bill of sale and assignment of
leases and rents) to Borrower by, the earlier to occur of (a) March 30, 2010, (b) the Call Option
Effective Date or (c) the Put Option Effective Date, then on the earlier to occur of (aaa) March
31, 2010, (bbb) the Business Day immediately following the Call Option Effective Date or (ccc) the
Business Day immediately following the Put Option Effective Date, Borrower shall have the right to
record a fully executed special warranty deed (granting title to the Abrams Property to TSLF
ABRAMS, LLC, a Delaware limited liability company (“Abrams Transferee”) (a copy of which is
attached hereto as Exhibit D). Abrams Transferee and Shafer Transferee are referred to
collectively as “Transferees”. The documentation attached as Exhibit C and
Exhibit D is hereinafter referred to as the “Outside Date Real Property Transfer
Documentation”). In addition to the special warranty deeds attached as part of Exhibit
C and Exhibit D, respectively, the Outside Date Real Property Transfer Documentation
also includes a bill of sale, assignment of leases and rents and a notice letter to Tenants for the
Abrams Property and Shafer Property, respectively, which will be delivered to and accepted by
Transferees on or before dates set forth above applicable to the transfer of the Shafer Property
and the Abrams Property, respectively, as the case may be. Lender and Transferees acknowledge and
agree that, except as specifically set forth in any of the Real Property Transfer Documentation or
Outside Date Real Property Transfer Documentation applicable to the Abrams Property, any transfer
of the Abrams Property by Borrower pursuant to this Letter is on an “as-is”, “where-is” basis
without representation or warranty of any kind, express or implied, as to habitability, suitability
for a particular purpose, the economic or legal condition of the Property, or any other
representation or warranty, except as expressly set forth in this Letter or in the applicable
transfer documents Lender and Borrower acknowledge that it is currently contemplated that the
Abrams Property will be transferred to Abrams Transferee on or about March 31, 2010. However,
Lender shall have the right, in its good faith business judgment, to cause the transfer to occur
earlier as provided herein. Similarly, in the event that Borrower, in its good faith business
judgment, determines that retention of title to the Abrams Property adversely impacts its ability
to obtain financing for one or more of its affiliates or is otherwise detrimental to one or more of
its affiliates’ business interests, Borrower shall also have the right to cause the transfer to
occur earlier as provided herein;

 

 

 

(4) Notwithstanding anything to the contrary contained herein and solely with respect to the
Abrams Property, (a) Lender, upon ten (10) Business Days notice to Borrower, shall have the option,
in its sole and absolute discretion, to record the applicable Real Property Transfer Documentation
and effectuate the transfer of the Abrams Property from the Borrower to a nominee of Lender or such
other Person as Lender may choose (“Call Option”). In the event Lender exercises the Call
Option, Lender shall record the Real Property Transfer Documentation applicable to the Abrams
Property, on the eleventh (11th) Business Day following notice to Borrower of its
intention to exercise the Call Option (“Call Option Effective Date”) and (b) Borrower, upon
ten (10) Business Days notice to Lender, shall have the option, in its sole and absolute
discretion, to direct the Lender to record the Real Property Transfer Documentation applicable to
the Abrams Property (“Put Option”). In the event Borrower exercises the Put Option, Lender
shall record the applicable Real Property Transfer Documentation on the eleventh (11th)
Business Day subsequent to its receipt of Borrower’s notice of its intent to exercise the Put
Option (“Put Option Effective Date”). In the event Lender fails to comply with the terms
and provisions of this Section 4 and record the applicable Real Property Transfer Documentation
within the time frame set forth herein, Borrower shall have the right to record the applicable
Outside Date Real Property Transfer Documentation.

(5) Simultaneous with the recordation of the Real Property Transfer Documentation or the
Outside Date Real Property Transfer Documentation which effectuates the transfer of the Shafer
Property, the principal balance of the Loan shall be deemed to be reduced to Eleven Million and
00/100 Dollars.

(6) Unless otherwise determined by Lender subsequent to the occurrence of an Event of Default,
at all times during the Final Extension Period the (x) Abrams Property shall be managed by Grubb &
Ellis Management Services, Inc. (“Abrams Manager”), pursuant to the terms of that certain
Management Agreement (“Abrams Management Agreement”), dated as of February 20, 2007,
between Abrams Manager and Abrams and (y) Shafer Property shall be managed by Grubb & Ellis
Management Services, Inc. (“Shafer Manager”), pursuant to the terms of that certain
Management Agreement (“Shafer Management Agreement”), dated as of February 28, 2007,
between Shafer Manager and Shafer. Lender acknowledges and agrees that so long as Abrams Manager
and Shafer Manager are performing their respective obligation under their respective management
agreement, Abrams Manager shall be entitled to receive the management fees set forth in the Abrams
Management Agreement and Shafer Manager shall be entitled to receive the management fees set forth
in the Shafer Management Agreement;

 

 

 

(7) Provided there is no Event of Default, on a monthly basis Lender will release funds from
the Escrow Accounts in an amount necessary to pay Borrower’s Operating Expenses which are evidenced
by current invoices and have been approved by Lender in its reasonable discretion. Lender hereby
acknowledges and agrees that (i) as of the date hereof there is no existing Event of Default and
(ii) to the best knowledge of Lender, no condition which, with the giving of notice or passage of
time, or both, would constitute an Event of Default currently exists;

(8) Borrower hereby acknowledges and agrees that simultaneous with any ownership transfer
described herein, all rights to receive rent, awards, condemnation proceeds, refunds of any nature
whatsoever and/or any other income resulting from the ownership and operation of the Property
(inclusive of any period before the occurrence of such transfer event) shall be irrevocably
assigned (by Borrower) to and vested with Abrams Transferee or Shafer Transferee, as the context so
requires.

(9) Effective upon the earlier to occur of (a) the closing of any sale or joint venture with
respect to the Property, or (b) recordation of the Real Property Transfer Documentation, or (d)
recordation of the Outside Date Real Property Transfer Documentation, or (e) December 31, 2009, (1)
Lender for itself and its trustees, beneficiaries, agents, affiliates, heirs, successors and
assigns, hereby releases and forever discharges Borrower and Guarantor, and any party related to or
affiliated with Borrower and Guarantor and their respective successors and assigns (the
“Borrower Related Parties”) from and against any and all claims, obligations and/or
liabilities, at law or equity which Lender or any party related to or affiliated with Lender and
their respective successors and assigns (each a “Lender Related Party”), whether known or
unknown, which Lender or a Lender Related Party had, has or may have in the future, arising from or
related to any matter or thing relating to or in connection with the Loan and the Loan Documents,
including but not limited to, the Guaranty, tenant leases and the tenants, any agreements related
to or affecting the tenant leases, the tenants, the Property, or the Loan, any construction
defects, errors or omissions in the design or construction and arising out of the physical,
environmental, economic or legal condition of the Property, including, without limitation, any
claim for indemnification or contribution arising under the Comprehensive Environmental Response,
Compensation, and Liability Act (42 U.S.C. Section 9601, et. seq.) or any similar federal, state or
local statute, rule or ordinance relating to liability of property owners or operators for
environmental matters (collectively, “Claims”); and (2) Borrower and Guarantor and each
other Borrower Related Party hereby waives, renounces and forever discharges any claims or
counterclaims such party has or may have in the future against each and every Lender Related Party,
whether at law, under the Loan Documents or in equity, know or unknown arising from or related to
any matter which relates to the Loan and/or the Loan Documents. Lender represents and warrants
that Lender is the current legal and beneficial owners of all Claims, if any, released hereby and
has not assigned, pledged or contracted to assign or pledge any such Claim to any person; and

 

 

 

(10) Each party hereby expressly acknowledges and agrees that nothing contained herein
(including, but not limited to, the deliverance or recordation of the (i) Real Property Transfer
Documentation and/or (ii) the Outside Date Real Property Transfer Documentation shall serve as a
cancellation or termination of the Loan, a release of any collateral which secures the Loan or a
termination or cancellation of the Security Instrument. Further, it is expressly
acknowledged and agreed that subsequent to any transfer contemplated herein and subsequent to
the release of the Borrower Related Parties from liability under the Loan Documents, the Loan will
remain outstanding, the Loan Documents will remain in full force and effect and the Property will
continue to be encumbered by the Security Instrument until such time as it is foreclosed or
cancelled by the Lender in its sole and absolute discretion; provided that none of the Borrower
Related Parties (including, without limitation, Borrower and Guarantor) shall have any liability
for repayment of the Loan or otherwise under the Loan Documents. It is the express intent of the
Parties hereto that the Property conveyed by the (i) Real Property Transfer Documentation and/or
(ii) Outside Date Real Property Transfer Documentation shall not merge with the interest or rights
of Lender under the Loan Documents, but will be and remain at all times separate and distinct, and
Lender may thereafter sell or otherwise transfer the Property free and clear of all rights of
Borrower.

If, at any time, this Letter or the conveyance and transfer contemplated hereunder are
restrained, enjoined, set aside, avoided or held to be invalid or unenforceable for any reason, in
a bankruptcy proceeding or otherwise, as a result of any act or omission by any Borrower Related
Party or any bankruptcy proceeding affecting any Borrower Related Party, then the liabilities,
obligations, and responsibilities of the Borrower Related Parties released pursuant to Paragraph 7
automatically shall be reinstated and all of the respective rights, privileges and duties of each
of Borrower Related Party and Lender under the Loan or the Loan Documents shall be reinstated. No
Borrower Related Party shall seek to restrain, enjoin, upset, disturb, set aside, avoid or
otherwise overturn any portion of this Letter or the conveyance and transfer contemplated in this
Letter and hereby waives any rights it may have to restrain, enjoin, upset, disturb, set aside,
avoid or otherwise overturn this Letter or the conveyance and transfer contemplated in this Letter.
If a petition for relief under any federal or state bankruptcy, insolvency or reorganization law
is filed by or against either Borrower, Lender shall be entitled to immediate relief from the
automatic stay (to the extent necessary) to permit Lender to immediately exercise any and all of
its rights and remedies with respect to the Loan Documents.

Failure to comply with the terms and conditions hereof shall constitute an Event of Default
under the Loan Documents.

Unless specifically modified by the terms hereof, each of the terms, conditions and covenants
contained in the Loan Documents shall remain in full force and effect.

 

 

 

Please acknowledge your consent and agreed by countersigning below.

	 	 	 	 	 	 	 
	 	 	Regards,
	 	 	
TREMONT NET FUNDING II, LLC
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Daniel O. Mee		 
	 	 	 	 	 
	 

	 	 	 	Name:	 	Daniel O. Mee
	 

	 

	 	 	 	Title:	 	Executive Director
	 

Agreed and assented to as of the
 21st  day of December, 2009.

Abrams Transferee:

	 	 	 	 	 	 	 
	TSLF ABRAMS, LLC,
	a Delaware limited liability company
	 
	 	 	 	 	 	 
	By:
	 	/s/ Douglas G. Lanois	 	 
	 	 	 	 	 
	 

	 	Name:	 	Douglas G. Lanois	 	 
	 

	 

	 	Title:	 	Managing Director	 	 
	 

	 	 	 	 	 	 
	
Schafer Transferee:
	 
	 	 	 	 	 	 
	TSLF SHAFER, LLC,
	a Delaware limited liability company
	 
	 	 	 	 	 	 
	By:
	 	/s/ Douglas G. Lanois	 	 
	 	 	 	 	 
	 

	 	Name:	 	Douglas G. Lanois	 	 
	 

	 

	 	Title:	 	Managing Director	 	 
	 

 

 

 

	 	 	 	 	 	 	 
	Agreed and assented to
as of
 the 21st  day of December, 2009.
	 
	 	 	 	 	 	 
	Borrower:
	 
	 	 	 	 	 	 
	GERA ABRAMS CENTRE LLC,
	a Delaware limited liability company
	 
	 	 	 	 	 	 
	By:
	 	/s/ Richard W. Pehlke	 	 
	 	 	 	 	 
	 

	 	Name:	 	Richard W. Pehlke	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	EVP	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	GERA 6400 SHAFER LLC,
	a Delaware limited liability company
	 
	 	 	 	 	 	 
	By:
	 	/s/ Richard W. Pehlke	 	 
	 	 	 	 	 
	 

	 	Name:	 	Richard W. Pehlke	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	EVP	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Agreed and assented to
as of the
21st day of December, 2009.
	 
	 	 	 	 	 	 
	Guarantor:
	 
	 	 	 	 	 	 
	GRUBB & ELLIS COMPANY,

a Delaware corporation
	 
	 	 	 	 	 	 
	By:
	 	/s/ Richard W. Pehlke	 	 
	 	 	 	 	 
	 

	 	Name:	 	Richard W. Pehlke	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	Executive Vice President	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	Chief Financial Officer	 	 
	Abrams Manager:
	 
	 	 	 	 	 	 
	GRUBB & ELLIS MANAGEMENT SERVICES, INC.
	 
	 	 	 	 	 	 
	By:
	 	/s/ Richard W. Pehlke	 	 
	 	 	 	 	 
	 

	 	Name:	 	Richard W. Pehlke	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	Executive Vice President	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	Chief Financial Officer	 	 

 

 

 

	 	 	 	 	 	 	 
	Shafer Manager:
	 
	GRUBB & ELLIS MANAGEMENT SERVICES, INC.
	 
	 	 	 	 	 	 
	By:
	 	/s/ Richard W. Pehlke	 	 
	 	 	 	 	 
	 

	 	Name:	 	Richard W. Pehlke	 	 
	 

	 	 	 	 	 	 
	 

	 	Title:	 	Executive Vice President	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Chief Financial Officer

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