Document:

Form of Participant Agreement

 EXHIBIT 4.3 
  

FORM OF 
 POWERSHARES DB US DOLLAR
INDEX [        ] FUND1 
 PARTICIPANT AGREEMENT 
  
 This PowerShares DB US Dollar Index [            ] Fund Participant Agreement (the
“Agreement”), dated as of              20__, is entered into by and among              (the
“Authorized Participant”), PowerShares DB US Dollar Index [            ] Fund (the “Fund”), established and designated as a series of PowerShares DB US Dollar Index
Trust, a Delaware statutory trust (the “Trust”), and DB Commodity Services LLC, a Delaware limited liability company, as managing owner of the Trust (the “Managing Owner”). 
  
 SUMMARY 
  
 As provided in the Amended and Restated Declaration of Trust and Trust Agreement of the Trust (the “Trust
Agreement”) as currently in effect and described in the Prospectus (defined below), units of fractional undivided beneficial interest in and ownership of the Fund (the “Shares”) may be created or redeemed by the Managing Owner for an
Authorized Participant in aggregations of two hundred thousand (200,000) Shares (each aggregation, a “Basket”). Baskets are offered only pursuant to the registration statement of the Trust on Form S-1, as amended (Registration Nos.:
333-                 and 333-            -01), as declared effective by the Securities and
Exchange Commission (“SEC”) and as the same may be amended from time to time thereafter or any successor registration statement in respect of Shares of the Fund (collectively, the “Registration Statement”) together with the
prospectus of the Trust in the form filed with the SEC under Rule 424(b) after the effectiveness of the Registration Statement (the “Prospectus”). Under the Trust Agreement, the Managing Owner is authorized to issue Baskets to, and redeem
Baskets from, Authorized Participants, only through the facilities of The Depository Trust Company (“DTC” or the “Depository”), or a successor depository, and only in exchange for cash. This Agreement sets forth the specific
procedures by which an Authorized Participant may create or redeem Baskets. 
  
 Because new Shares can be created and issued on an ongoing basis, at any point during the life of the Fund, a “distribution,” as such term is used in the Securities Act of 1933, as amended (“1933
Act”), may be occurring. The Authorized Participant is cautioned that some of its activities may result in its being deemed a participant in a distribution in a manner which would render it a statutory underwriter and subject it to the
prospectus delivery and liability provisions of the 1933 Act. The Authorized Participant should review the “Plan of Distribution” section of the Prospectus and consult with its own counsel in connection with entering into this Agreement
and submitting a Purchase Order Subscription Agreement (defined below). 
  
 Capitalized terms used but not defined in this Agreement shall have the meanings assigned to such terms in the Trust Agreement. To the extent there is a conflict between any 
  

	1	Forms of Participant Agreement for each of PowerShares DB US Dollar Index Bullish Fund and PowerShares DB US Dollar Index Bearish Fund shall be, except for the names
of the Funds, substantially identical to this Form of Participant Agreement. 

 provision of this Agreement and the provisions of the Trust Agreement, the provisions of the Trust Agreement shall
control. 
  
 To give effect to the foregoing premises and in
consideration of the mutual covenants and agreements set forth below, the parties hereto agree as follows: 
  
 Section 1. Order Placement. To place orders for the Managing Owner to create or redeem one or more Baskets, Authorized Participants must
follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Attachment A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

  
 Section 2. Status of Authorized Participant. The
Authorized Participant represents and warrants and covenants the following: 
  
 (a) The Authorized Participant is a participant of DTC (as such a participant, a “DTC Participant”). If the Authorized Participant ceases to be a DTC Participant, the Authorized Participant shall give
immediate notice to the Managing Owner of such event, and this Agreement shall terminate immediately as of the date the Authorized Participant ceased to be a DTC Participant. 
  
 (b) Unless Section 2(c) applies, the Authorized Participant either (i) is registered as a broker-dealer under the
Securities Exchange Act of 1934, as amended (“1934 Act”), and is a member in good standing of the National Association of Securities Dealers, Inc. (the “NASD”), or (ii) is exempt from being, or otherwise is not required to
be, licensed as a broker-dealer or a member of the NASD, and in either case is qualified to act as a broker or dealer in the states or other jurisdictions where the nature of its business so requires. The Authorized Participant will maintain any
such registrations, qualifications and membership in good standing and in full force and effect throughout the term of this Agreement. The Authorized Participant will comply with all applicable federal laws, including without limitation, the
delivery requirements of Section 5 of the 1933 Act and all applicable rules of the SEC, the laws of the states or other jurisdictions concerned, and the rules and regulations promulgated thereunder, and with the Constitution, By-Laws and
Conduct Rules of the NASD (if it is a NASD member), and will not offer or sell Shares in any state or jurisdiction where they may not lawfully be offered and/or sold. 
  
 (c) If the Authorized Participant is offering or selling Shares in jurisdictions outside the several states, territories and
possessions of the United States and is not otherwise required to be registered, qualified or a member of the NASD as set forth in Section 2(b) above, the Authorized Participant will (i) observe the applicable laws of the jurisdiction in
which such offer and/or sale is made, (ii) comply with the full disclosure requirements of the 1933 Act, and the regulations promulgated thereunder, and (iii) conduct its business in accordance with the spirit of the NASD Conduct Rules.

  
 (d) The Authorized Participant is in compliance with the money
laundering and related provisions of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (the “USA PATRIOT Act”), and the 
  

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 regulations promulgated thereunder, if the Authorized Participant is subject to the requirements of the USA PATRIOT Act.

  
 Section 3. Orders. (a) All orders to create
or redeem Baskets shall be made in accordance with the terms of the Trust Agreement, this Agreement and the Procedures. Each party will comply with such foregoing terms and procedures to the extent applicable to it. The Authorized Participant hereby
consents to the use of recorded telephone lines whether or not such use is reflected in the Procedures. The Managing Owner may issue additional or other procedures from time to time relating to the manner of creating or redeeming Baskets which are
not related to the Procedures, and the Authorized Participant will comply with such procedures of which it has been notified in accordance with this Agreement. 
  

(b) The Authorized Participant acknowledges and agrees on behalf of itself and any party for which it is acting (whether such party is a customer or
otherwise) that each order to create a Basket (a “Purchase Order Subscription Agreement”) and each order to redeem a Basket (a “Redemption Order”, and each Purchase Order Subscription Agreement and Redemption Order, an
“Order”) may not be revoked by the Authorized Participant upon its delivery to the Managing Owner. A form of Purchase Order Subscription Agreement is attached hereto as Exhibit B and a form of Redemption Order is attached hereto as Exhibit
C. 
  
 (c) The Managing Owner shall have the absolute right, but
shall have no obligation, to reject any Purchase Order Subscription Agreement or Creation Basket Capital Contribution (i) determined by the Managing Owner not to be in proper form; (ii) that the Managing Owner has determined would have
adverse tax consequences to the Fund or to the Beneficial Owners; (iii) the acceptance or receipt of which could, in the opinion of counsel to the Managing Owner be unlawful; or (iv) if circumstances outside the control of the Managing
Owner make it for all practical purposes not feasible to process creations of Creation Baskets. The Managing Owner shall not be liable to any person by reason of the rejection of any Purchase Order Subscription Agreement or Creation Basket Capital
Contribution. 
  
 (d) The Managing Owner shall reject any
Redemption Order the fulfillment of which its counsel advises would be illegal under applicable laws and regulations, and the Managing Owner shall have no liability to any person for rejecting a Redemption Order in such circumstances. 
  
 (e) The Managing Owner may, in its discretion, suspend the right of
redemption, or postpone the applicable Redemption Settlement Time, (i) for any period during which the American Stock Exchange or any exchange on which the Fund’s assets are regularly traded is closed other than for customary weekend or
holiday closings, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery, disposal or evaluation of the Fund’s assets is not reasonably practicable; or (iii) for such
other period as the Managing Owner determines to be necessary for the protection of the Beneficial Owners. The Managing Owner is not liable to any person or in any way for any loss or damages that may result from any such suspension or postponement.

  
 Section 4. Fees. In connection with each Order by
an Authorized Participant to create or redeem one or more Baskets, the Managing Owner shall charge, and the Authorized 
  

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 Participant shall pay from its DTC account to the Managing Owner, the Transaction Fee prescribed in the Trust Agreement
applicable to such creation or redemption. The initial Transaction Fee shall be five hundred dollars ($500). The Transaction Fee may be adjusted from time to time as set forth in the Trust Agreement and Prospectus. As described in the Procedures,
the Authorized Participant will be charged by the Managing Owner an additional processing charge if the Authorized Participant fails timely to deliver the Creation Basket Capital Contribution (in the case of a Purchase Order Subscription Agreement)
or the Baskets (in the case of a Redemption Order). 
  
 Section 5. Authorized Persons. Concurrently with the execution of this Agreement and from time to time thereafter, the Authorized Participant shall deliver to the Managing Owner notarized and duly certified as appropriate by its
secretary or other duly authorized official, a certificate in the form of Exhibit A setting forth the names and signatures of all persons authorized to give instructions relating to activity contemplated hereby or by any other notice, request or
instruction given on behalf of the Authorized Participant (each, an “Authorized Person”). The Managing Owner may accept and rely upon such certificate as conclusive evidence of the facts set forth therein and shall consider such
certificate to be in full force and effect until the Managing Owner receives a superseding certificate bearing a subsequent date. Upon the termination or revocation of authority of any Authorized Person by the Authorized Participant, the Authorized
Participant shall give immediate written notice of such fact to the Managing Owner and such notice shall be effective upon receipt by the Managing Owner. The Managing Owner shall issue to each Authorized Person a unique personal identification
number (the “PIN Number”) by which such Authorized Person shall be identified and by which instructions issued by the Authorized Participant hereunder shall be authenticated. The PIN Number shall be kept confidential by the Authorized
Participant and shall only be provided to the Authorized Person. If, after issuance, the Authorized Person’s PIN Number is changed, the new PIN Number shall become effective on a date mutually agreed upon by the Authorized Participant and the
Managing Owner. 
  
 Section 6. Redemption. The
Authorized Participant represents and warrants that it will not obtain an Order Number (as described in the Procedures) from the Managing Owner for the purpose of redeeming a Basket unless it first ascertains that (i) it or its customer, as the
case may be, owns outright or has full legal authority and legal and beneficial right to tender for redemption the Baskets to be redeemed and to receive the entire proceeds of the redemption, and (ii) such Baskets have not been loaned or
pledged to another party and are not the subject of a repurchase agreement, securities lending agreement or any other arrangement which would preclude the delivery of such Baskets to the Managing Owner on the Business Day following the Redemption
Order Date. 
  
 Section 7. Role of Authorized
Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority
to act as agent for the Fund or the Managing Owner in any matter or in any respect. 
  
 (b) The Authorized Participant will make itself and its employees available, upon request, during normal business hours to consult with the Managing Owner or its designees 
  

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 concerning the performance of the Authorized Participant’s responsibilities under this Agreement. 
  
 (c) With respect to any creation or redemption transaction made by the
Authorized Participant pursuant to this Agreement for the benefit of any customer or any other DTC Participant or Indirect Participant, or any other Beneficial Owner, the Authorized Participant shall extend to any such party all of the rights, and
shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or in accordance with the Trust Agreement. 
  
 (d) The Authorized Participant will maintain records of all sales of Shares made by or through it and will furnish copies of
such records to the Managing Owner upon the reasonable request of the Managing Owner. 
  
 Section 8. Indemnification. 
  
 (a) The Authorized Participant hereby indemnifies and holds harmless the Trust, the Fund and the Managing Owner, their respective direct or indirect affiliates (as defined below) and their respective directors, trustees, managing owners,
partners, members, managers, officers, employees and agents (each, an “AP Indemnified Party”) from and against any losses, liabilities, damages, costs and expenses (including attorneys’ fees and the reasonable cost of investigation)
incurred by such AP Indemnified Party as a result of or in connection with: (i) any breach by the Authorized Participant of any provisions of this Agreement, including its representations, warranties and covenants; (ii) any failure on the
part of the Authorized Participant to perform any of its obligations set forth in this Agreement; (iii) any failure by the Authorized Participant to comply with applicable laws and the rules and regulations of self-regulatory organizations;
(iv) any actions of such AP Indemnified Party in reliance upon any instructions issued in accordance with the Procedures believed by the AP Indemnified Party to be genuine and to have been given by the Authorized Participant; or
(v) (A) any representation by the Authorized Participant, its employees or its agents or other representatives about the Shares, any AP Indemnified Party, the Trust or the Fund that is not consistent with the Trust’s then-current
Prospectus made in connection with the offer or the solicitation of an offer to buy or sell Shares and (B) any untrue statement or alleged untrue statement of a material fact contained in any research reports, marketing material and sales
literature described in Section 12(b) or any alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading to the extent that such statement or omission relates to the
Shares, any AP Indemnified Party, the Trust or the Fund, unless, in either case, such representation, statement or omission was made or included by the Authorized Participant at the written direction of the Managing Owner or is based upon any
omission or alleged omission by the Managing Owner to state a material fact in connection with such representation, statement or omission necessary to make such representation, statement or omission not misleading. 
  
 (b) The Managing Owner hereby agrees to indemnify and hold harmless the
Authorized Participant, its respective subsidiaries, affiliates, directors, officers, employees and agents, and each person, if any, who controls such persons within the meaning of Section 15 of the 1933 Act (each, a “Managing Owner
Indemnified Party”) from and against any losses, liabilities, damages, costs and expenses (including attorneys’ fees and the reasonable cost of 
  

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 investigation) incurred by such Managing Owner Indemnified Party as a result of (i) any breach by the Managing Owner
of any provision of this Agreement that relates to the Managing Owner; (ii) any failure on the part of the Managing Owner to perform any obligation of the Managing Owner set forth in this Agreement; (iii) any failure by the Managing Owner
to comply with applicable laws; or (iv) any untrue statement or alleged untrue statement of a material fact contained in the registration statement of the Trust as originally filed with the SEC or in any amendment thereof, or in any prospectus,
or in any amendment thereof or supplement thereto, or arising out of or based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, except
those statements in the Registration Statement or the Prospectus based on information furnished in writing by or on behalf of the Authorized Participant expressly for use in the Registration Statement or the Prospectus. 
  
 (c) This Section 8 shall not apply to the extent any such losses,
liabilities, damages, costs and expenses are incurred as a result of or in connection with any gross negligence, bad faith or willful misconduct on the part of the AP Indemnified Party or the Managing Owner Indemnified Party, as the case may be. The
term “affiliate” in this Section 8 shall include, with respect to any person, entity or organization, any other person, entity or organization which directly, or indirectly through one or more intermediaries, controls, is controlled
by or is under common control with such person, entity or organization. 
  
 (d) If the indemnification provided for in this Section 8 is unavailable to an indemnified party under Sections 8(a) or 8(b) or insufficient to hold an indemnified party harmless in respect of any losses, liabilities, damages, costs
and expenses referred to therein, then each applicable indemnifying party shall contribute to the amount paid or payable by such indemnified party as a result of such losses, liabilities, damages, costs and expenses (i) in such proportion as is
appropriate to reflect the relative benefits received by the Managing Owner, the Trust and the Fund, on the one hand, and by the Authorized Participant, on the other hand, from the services provided hereunder or (ii) if the allocation provided
by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Managing Owner, the Trust and the
Fund, on the one hand, and of the Authorized Participant, on the other hand, in connection with, to the extent applicable, the statements or omissions which resulted in such losses, liabilities, damages, costs and expenses, as well as any other
relevant equitable considerations. The relative benefits received by the Managing Owner, the Trust and the Fund, on the one hand, and the Authorized Participant, on the other hand, shall be deemed to be in the same respective proportions as the
amount of cash transferred to the Fund under this Agreement on the one hand (expressed in dollars) bears to the amount of economic benefit received by the Authorized Participant in connection with this Agreement on the other hand. To the extent
applicable, the relative fault of the Managing Owner on the one hand and of the Authorized Participant on the other shall be determined by reference to, among other things, whether the untrue statement or alleged untrue statement of a material fact
or omission or alleged omission relates to information supplied by the Managing Owner or by the Authorized Participant and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or
omission. The amount paid or payable by a party as a result of the losses, liabilities, damages, costs and expenses referred to in this Section 8(d) shall be deemed to include any legal or other fees or expenses reasonably incurred by such
party in connection with 
  

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 investigating, preparing to defend or defending any action, suit or proceeding (each a “Proceeding”) related to
such losses, liabilities, damages, costs and expenses. 
  
 (e) The
Managing Owner and the Authorized Participant agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation or by any other method of allocation that does not take account of the
equitable considerations referred to in Section 8(d) above. The Authorized Participant shall not be required to contribute any amount in excess of the amount by which the total price at which the Shares created by the Authorized Participant and
distributed to the public exceeds the amount of any damages which the Authorized Participant has otherwise been required to pay by reason of such untrue statement or alleged untrue statement or omission or alleged omission. No person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the 1933 Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. 
  
 (f) The indemnity and contribution agreements contained in this
Section 8 shall remain in full force and effect regardless of any investigation made by or on behalf of the Authorized Participant, its partners, stockholders, members, directors, officers, employees and or any person (including each partner,
stockholder, member, director, officer or employee of such person) who controls the Authorized Participant within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act, or by or on behalf of the Managing Owner, its
partners, stockholders, members, managers, directors, officers, employees or any person who controls the Managing Owner within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act, and shall survive any termination of
this Agreement. The Managing Owner and the Authorized Participant agree promptly to notify each other of the commencement of any Proceeding against it and, in the case of the Managing Owner, against any of the Managing Owner’s officers or
directors, in connection with the issuance and sale of the Shares or in connection with the Registration Statement or the Prospectus. 
  
 Section 9. (a) Limitation of Liability. Neither the Managing Owner nor the Authorized Participant shall be liable to each other or to any
other person, including any party claiming by, through or on behalf of the Authorized Participant, for any losses, liabilities, damages, costs or expenses arising out of any mistake or error in data or other information provided to any of them by
each other or any other person or out of any interruption or delay in the electronic means of communications used by them. 
  
 (b) Tax Liability. The Authorized Participant shall be responsible for the payment of any transfer tax, sales or use tax, stamp tax, recording tax,
value added tax and any other similar tax or government charge applicable to the creation or redemption of any Basket made pursuant to this Agreement, regardless of whether or not such tax or charge is imposed directly on the Authorized Participant.
To the extent the Managing Owner, the Trust or the Fund is required by law to pay any such tax or charge, the Authorized Participant agrees to promptly indemnify such party for any such payment, together with any applicable penalties, additions to
tax or interest thereon. 
  
 (c) Fund Liability. In
accordance with Section 3.7 of the Trust Agreement, the Authorized Participant agrees and consents (the “Consent”) to look solely to the assets (the “Fund Assets”) of the Fund and to the Managing Owner and its assets for
payment in respect of 
  

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 any claim against or obligation of the Fund. The Fund Assets include only those funds and other assets that are paid,
held or distributed to the Trust on account of and for the benefit of the Fund, including, without limitation, funds delivered to the Trust for the purchase of Shares in the Fund. In furtherance of the Consent, the Authorized Participant agrees that
(i) any debts, liabilities, obligations, indebtedness, expenses and claims of any nature and of all kinds and descriptions (collectively, “Claims”) of the Fund incurred, contracted for or otherwise existing and (ii) the Shares
shall be subject to the following limitations: 
  

	 	1.	(i) except as set forth below, the Claims and Shares (collectively, the “Subordinated Claims and Shares”) shall be expressly subordinate and junior in right of payment to
any and all other claims against and Shares in the Trust and any series thereof, pursuant to any contract; provided, however, that the Authorized Participant’s Claims (if any) against and Shares shall not be considered Subordinated Claims and
Shares with respect to enforcement against and distribution and repayment from the Fund, the Fund Assets and the Managing Owner and its assets; and provided further that (1) the Authorized Participant’s valid Claims, if any, against the
Fund shall be pari passu and equal in right of repayment and distribution with all other valid Claims against the Fund and (2) the Authorized Participant’s Shares shall be pari passu and equal in right of repayment and distribution with
all other Shares in the Fund; and (ii) the Authorized Participant will not take, demand, or receive from any series or the Trust or any of their respective assets (other than the Fund, the Fund Assets and the Managing Owner and its assets) any
payment for the Subordinated Claims and Shares; 

  

	 	2.	the Claims and Shares of the Authorized Participant shall only be asserted and enforceable against the Fund, the Fund Assets and the Managing Owner and its assets and such Claims
and Shares shall not be asserted or enforceable for any reason whatsoever against any other series, the Trust generally or any of their respective assets; 

  

	 	3.	If the Claims of the Authorized Participant against the Fund or the Trust are secured in whole or in part, the Authorized Participant hereby waives (under section 1111(b) of the
Bankruptcy Code (11 U.S.C. § 1111(b)) any right to have any deficiency Claims (which deficiency Claims may arise in the event such security is inadequate to satisfy such Claims) treated as unsecured Claims against the Trust or any series (other
than the Fund), as the case may be; 

  

	 	4.	in furtherance of the foregoing, if and to the extent that the Authorized Participant receives monies in connection with the Subordinated Claims and Shares from a series or the
Trust (or their respective assets), other than the Fund, the Fund Assets and the Managing Owner and its assets, the Authorized Participant shall be deemed to hold such monies in trust and shall promptly remit such monies to the series or the Trust
that paid such amounts for distribution by the series or the Trust in accordance with the terms hereof; and 

  

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	 	5.	the foregoing Consent shall apply at all times notwithstanding that the Claims are satisfied, the Shares are sold, transferred, redeemed or in any way disposed of and
notwithstanding that the agreements in respect of such Claims and Shares are terminated, rescinded or canceled. 

  
 Section 10. Acknowledgment. The Authorized Participant acknowledges receipt of a (i) copy of the Trust Agreement and (ii) the
current Prospectus of the Trust and represents that it has reviewed and understands such documents. 
  
 Section 11. Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective
in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a);
(ii) upon notice to the Authorized Participant by the Managing Owner in the event of a breach by the Authorized Participant of this Agreement or the procedures described or incorporated herein; (iii) immediately in the circumstances
described in Section 17(j); or (iv) at such time as the Trust is terminated pursuant to the Trust Agreement. 
  
 Section 12. Marketing Materials; Representations Regarding Shares; Identification in Registration Statement. 
  
 (a) The Authorized Participant represents, warrants and covenants that (i),
without the written consent of the Managing Owner, the Authorized Participant will not make, or permit any of its representatives to make, any representations concerning the Shares or any AP Indemnified Party other than representations contained
(A) in the then-current Prospectus of the Trust, (B) in printed information approved by the Managing Owner as information supplemental to such Prospectus or (C) in any promotional materials or sales literature furnished to the
Authorized Participant by the Managing Owner, and (ii) the Authorized Participant will not furnish or cause to be furnished to any person or display or publish any information or material relating to the Shares, any AP Indemnified Person, the
Fund or the Trust that are not consistent with the Trust’s then current Prospectus. Copies of the then current Prospectus of the Trust and any such printed supplemental information will be supplied by the Managing Owner to the Authorized
Participant in reasonable quantities upon request. 
  
 (b)
Notwithstanding the foregoing, the Authorized Participant may without the written approval of the Managing Owner prepare and circulate in the regular course of its business research reports, marketing material and sales literature that includes
information, opinions or recommendations relating to the Shares (i) for public dissemination, provided that such research reports, marketing material or sales literature compare the relative merits and benefits of Shares with other products;
and (ii) for internal use by the Authorized Participant. The Authorized Participant will file all such research reports, marketing material and sales literature related to the Shares with the NASD to the extent required by the NASD Conduct
Rules. 
  
 (c) The Authorized Participant hereby agrees that for
the term of this Agreement the Managing Owner may deliver the then-current Prospectus, and any supplements or amendments thereto or recirculation thereof, to the Authorized Participant in Portable Document Format 
  

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 (“PDF”) via electronic mail in lieu of delivering the Prospectus in paper form. The Authorized Participant may
revoke the foregoing agreement at any time by delivering written notice to the Managing Owner and, whether or not such agreement is in effect, the Authorized Participant may, at any time, request reasonable quantities of the Prospectus, and any
supplements or amendments thereto or recirculation thereof, in paper form from the Managing Owner. The Authorized Participant acknowledges that it has the capability to access, view, save and print material provided to it in PDF and that it will
incur no appreciable extra costs by receiving the Prospectus in PDF instead of in paper form. The Managing Owner will when requested by the Authorized Participant make available at no cost the software and technical assistance necessary to allow the
Authorized Participant to access, view and print the PDF version of the Prospectus. 
  
 (d) For as long as this Agreement is effective, the Authorized Participant agrees to be identified as an authorized participant of the Fund (i) in the section of the Prospectus included within the Registration
Statement entitled “Creation and Redemption of Shares” and in any other section as may be required by the SEC and (ii) on the Fund’s website. Upon the termination of this Agreement, (i) during the period prior to when the
Managing Owner qualifies and in its sole discretion elects to file on Form S-3, the Managing Owner will remove such identification from the Prospectus in the amendment of the Registration Statement next occurring after the date of the termination of
this Agreement and, during the period after when the Managing Owner qualifies and in its sole discretion elects to file on Form S-3, the Managing Owner will promptly file a current report on Form 8-K indicating the withdrawal of the Authorized
Participant as an authorized participant of the Fund and (ii) the Managing Owner will promptly update the Fund’s website to remove any identification of the Authorized Participant as an authorized participant of the Fund. 
  
 Section 13. Certain Covenants of the Managing Owner. The Managing
Owner, on its own behalf and as sponsor of the Fund, covenants and agrees: 
  
 (a) to advise the Authorized Participant promptly of the happening of any event during the term of this Agreement which could require the making of any change in the Prospectus then being used so that the Prospectus
would not include an untrue statement of material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they are made, not misleading, and, during such time, to prepare and
furnish, at the expense of the Fund, to the Authorized Participant promptly such amendments or supplements to such Prospectus as may be necessary to reflect any such change; 
  
 (b) to furnish to the Authorized Participant, at each time (i) the Registration Statement or the Prospectus is amended
or supplemented by the filing of a post-effective amendment, (ii) a new Registration Statement is filed to register additional Shares in reliance on Rule 429, and (iii) there is financial information incorporated by reference into the
Registration Statement or the Prospectus, an opinion of either (x) Sidley Austin LLP, counsel for the Managing Owner, or (y) special Delaware counsel for the Managing Owner addressed to the Authorized Participant and dated
such dates in form and substance satisfactory to the Authorized Participant, stating that: 
  

	 	  1.	the Fund is validly existing as a series of the Trust, a statutory trust under the Delaware Statutory Trust Act, as described in the Registration Statement and the

  

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	 	 	Prospectus, and the Fund has all power and authority to issue and deliver the Shares as contemplated therein and to execute and deliver this Agreement; 

  

	 	  2.	the Managing Owner has been duly formed and is validly existing as a limited liability company in good standing under the laws of the State of Delaware, with full power and
authority to conduct its business as described in the Registration Statement and the Prospectus and to execute and deliver this Agreement; 

  

	 	  3.	the Managing Owner is duly qualified and is in good standing in each jurisdiction where the conduct of its business requires such qualification; 

  

	 	  4.	this Agreement has been duly authorized, executed and delivered by the Managing Owner; 

  

	 	  5.	the Shares issuable by the Fund as described in the Registration Statement, when issued in accordance with the terms of the Trust Agreement as described in the Registration
Statement, will have been duly authorized and validly issued and fully paid and non-assessable; 

  

	 	  6.	the Shares conform to the description thereof contained in the Registration Statement and the Prospectus; 

  

	 	  7.	the Registration Statement and the Prospectus (except as to the financial statements and schedules and other financial information contained therein, as to which such counsel need
express no opinion) as of their respective effective or issue dates complied as to form in all material respects with the requirements of the 1933 Act; 

  

	 	  8.	the Registration Statement has become effective under the 1933 Act and, to such counsel’s knowledge, no stop order proceedings with respect thereto are pending or threatened
under the 1933 Act and any required filing of the Prospectus and any supplement thereto pursuant to Rule 424 under the 1933 Act has been made in the manner and within the time period required by such Rule 424; 

  

	 	  9.	no approval, authorization, consent or order of or filing with any federal, or Delaware governmental or regulatory commission, board, body, authority or agency is required in
connection with the issuance and sale of the Shares and consummation by the Fund and the Managing Owner of the transactions contemplated in the Prospectus other than registration of the Shares under the 1933 Act (except such counsel need express no
opinion as to any necessary qualification under the state securities or blue sky laws of any state or the laws of any jurisdictions outside the United States); 

  

	 	10.	the execution, delivery and performance of this Agreement by the Managing Owner, the issuance and delivery of the Shares by the Fund and the consummation by the Managing Owner on
behalf of the Fund of the transactions contemplated hereby do not and will not conflict with, result in any breach or violation of or constitute a default under (nor constitute any event which with 

  

 11 

	 	 	notice, lapse of time or both would result in any breach or violation of or constitute a default under) the limited liability company agreement of the Managing Owner or the Trust
Agreement, or any indenture, mortgage, deed of trust, bank loan or credit agreement or other evidence of indebtedness, or any license, lease, contract or other agreement or instrument known to such counsel (based on a certificate of an officer of
the Managing Owner) to which the Managing Owner, the Trust or the Fund is a party or by which the Managing Owner, the Trust or the Fund or any of their respective properties may be bound or affected, or any federal, or Delaware law, regulation or
rule or any decree, judgment or order applicable to the Managing Owner, the Trust or the Fund (based, in the case of any decree, judgment or order, on a certificate of an officer of the Managing Owner); 

  

	 	11.	to such counsel’s knowledge, neither the Managing Owner nor the Trust is in breach or violation of or in default under (nor has any event occurred which with notice, lapse of
time, or both would result in any breach or violation of, or constitute a default under) their respective constitutive documents, or any federal or Delaware law, regulation or rule applicable to the Managing Owner or the Trust;

  

	 	12.	to such counsel’s knowledge, there are no affiliate transactions, off-balance sheet transactions, contracts, licenses, agreements, leases or documents of a character which are
required to be described in the Registration Statement or the Prospectus or to be filed as an exhibit to the Registration Statement which have not been so described or filed; 

  

	 	13.	to such counsel’s knowledge, there are no actions, suits, claims, investigations or proceedings pending or threatened to which the Managing Owner is or would be a party or to
which any of its properties is or would be subject at law or in equity, before or by any federal, state, local or foreign governmental or regulatory commission, board, body, authority or agency which are required to be described in the Registration
Statement or the Prospectus but are not so described; 

  

	 	14.	the Trust is not and, after giving effect to the offering and sale of the Shares, will not be required to be registered as an investment company under the Investment Company Act of
1940, as amended (the “Investment Company Act”); and 

  

	 	15.	the information in the Registration Statement and the Prospectus under the headings “Material U. S. Federal Income Tax Considerations,” and “Description of the Shares
and the Master Fund Units; The Funds; Certain Material Terms of the Trust Declarations,” insofar as such statements constitute a summary of documents or matters of law, are accurate in all material respects and present fairly the information
required to be shown. 

  
 In addition, such counsel
shall state that such counsel has participated in conferences with officers and other representatives of the Managing Owner, representatives of the independent public accountants of the Fund and representatives of the Authorized Participant at which
the 
  

 12 

 contents of the Registration Statement and the Prospectus were discussed and, although such counsel is not passing upon
and does not assume responsibility for the accuracy, completeness or fairness of the statements contained in the Registration Statement or the Prospectus (except as and to the extent stated in subparagraphs (6) and (15) above), on the
basis of the foregoing nothing has come to the attention of such counsel that causes them to believe that the Registration Statement or any amendment thereto at the time such Registration Statement or amendment became effective contained an untrue
statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading, or that the Prospectus or any supplement thereto at the date of such Prospectus or such
supplement, and at the time of purchase of the Shares by the Authorized Participant hereunder, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading (it being understood that such counsel need express no opinion with respect to the financial statements and schedules and other financial information, statistical
data, the description of the Index or any performance information relating to the Index, the Trust or any other account included in the Registration Statement or the Prospectus); 
  
 (c) to cause KPMG LLP to deliver, at each time (i) the Registration Statement or the Prospectus is amended or
supplemented by the filing of a post-effective amendment, (ii) a new Registration Statement is filed to register additional Shares in reliance on Rule 429, and (iii) there is financial information incorporated by reference into the
Registration Statement or the Prospectus, letters dated such dates and addressed to the Authorized Participant, containing statements and information of the type ordinarily included in accountants’ letters to underwriters with respect to the
financial statements and other financial information contained in or incorporated by reference into the Registration Statement and the Prospectus; 
  
 (d) to deliver to the Authorized Participant, at each time (i) the Registration Statement or the Prospectus is amended or supplemented by the filing
of a post-effective amendment, (ii) a new Registration Statement is filed to register additional Shares in reliance on Rule 429, and (iii) there is financial information incorporated by reference into the Registration Statement or the
Prospectus, certification by duly authorized officers of the Managing Owner in the form attached hereto as Exhibit D. 
  
 In addition, any certificate signed by any officer of the Managing Owner and delivered to the Authorized Participant or counsel for the Authorized
Participant pursuant hereto shall be deemed to be a representation and warranty by the Managing Owner as to matters covered thereby to the Authorized Participant; 
  
 (e) to cause the Trust to file a post-effective amendment to the Registration Statement no less frequently than once per
calendar quarter on or about the same time that the Trust files a quarterly or annual report pursuant to Section 13 or 15(d) of the 1934 Act (including the information contained in such report), until such time as the Trust’s reports filed
pursuant to Section 13 or 15(d) of the 1934 Act are incorporated by reference in the Registration Statement. 
  
 Section 14. Third Party Beneficiaries. Each AP Indemnified Party, to the extent it is not a party to this Agreement, is a third-party
beneficiary of this Agreement (each, a “Third Party 
  

 13 

 Beneficiary”) and may proceed directly against the Authorized Participant (including by bringing proceedings against
the Authorized Participant in its own name) to enforce any obligation of the Authorized Participant under this Agreement which directly or indirectly benefits such Third Party Beneficiary. 
  
 Section 15. Force Majeure. No party to this Agreement shall incur
any liability for any delay in performance, or for the non-performance, of any of its obligations under this Agreement by reason of any cause beyond its reasonable control. This includes any act of God or war or terrorism, any breakdown, malfunction
or failure of transmission in connection with or other unavailability of any wire, communication or computer facilities, any transport, port, or airport disruption, industrial action, acts and regulations and rules of any governmental or
supra-national bodies or authorities or regulatory or self-regulatory organization or failure of any such body, authority or organization for any reason, to perform its obligations. 
  
 Section 16. Ambiguous Instructions. If a Purchase Order Subscription Agreement or a Redemption Order otherwise
in good form contains order terms that differ from the information provided in the telephone call at the time of issuance of the applicable order number, the Managing Owner will attempt to contact one of the Authorized Persons of the Authorized
Participant to request confirmation of the terms of the Order. If an Authorized Person confirms the terms as they appear in the Order, then the Order will be accepted and processed. If an Authorized Person contradicts the Order terms, the Order will
be deemed invalid, and a corrected Order must be received by the Managing Owner, as the case may be, not later than the earlier of: (i) within 15 minutes of such contact with the Authorized Person; or (ii) 45 minutes after the Order
Cut-Off Time. If the Managing Owner is not able to contact an Authorized Person, then the Order shall be accepted and processed in accordance with its terms notwithstanding any inconsistency from the terms of the telephone information. In the event
that an Order contains terms that are illegible, the Order will be deemed invalid and the Managing Owner will attempt to contact one of the Authorized Persons of the Authorized Participant to request retransmission of the Order. A corrected Order
must be received by the Managing Owner not later than the earlier of (i) within 15 minutes of such contact with the Authorized Person or (ii) 45 minutes after the Order Cut-Off Time, as the case may be. 
  
 Section 17. Miscellaneous. 
  
 (a) Amendment and Modification. This Agreement, the Procedures
attached as Attachment A and the Exhibits hereto may be amended, modified or supplemented by the Fund and the Managing Owner, without consent of any Beneficial Owner or Authorized Participant from time to time by the following procedure. After the
amendment, modification or supplement has been agreed to, the Managing Owner will mail a copy of the proposed amendment, modification or supplement to the Authorized Participant. For the purposes of this Agreement, mail will be deemed received by
the recipient thereof on the third (3rd) day following the deposit of such mail into the United States postal
system. Within ten (10) calendar days after its deemed receipt, the amendment, modification or supplement will become part of this Agreement, the Attachments or the Exhibits, as the case may be, in accordance with its terms. If at any time
there is any material amendment, modification or supplement of any PowerShares DB US Dollar Index [        ] Fund Participant Agreement (other than this Agreement), the Managing Owner will 
  

 14 

 promptly mail a copy of such amendment, modification or supplement to the Authorized Participant. 
  
 (b) Waiver of Compliance. Any failure of any of the parties to comply
with any obligation, covenant, agreement or condition herein may be waived by the party entitled to the benefits thereof only by a written instrument signed by the party granting such waiver, but any such written waiver, or the failure to insist
upon strict compliance with any obligation, covenant, agreement or condition herein, shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure. 
  
 (c) Notices. Except as otherwise specifically provided in this Agreement, all notices required or permitted to be
given pursuant to this Agreement shall be given in writing and delivered by personal delivery, by postage prepaid registered or certified United States first class mail, return receipt requested, by nationally recognized overnight courier (delivery
confirmation received) or by telex, telegram or telephonic facsimile or similar means of same day delivery (transmission confirmation received), with a confirming copy regular mail, postage prepaid. For avoidance of doubt, notices may not be given
or transmitted by electronic mail. Unless otherwise notified in writing, all notices to the Fund shall be given or sent to the Managing Owner. All notices shall be directed to the address or telephone or facsimile numbers indicated below the
signature line of the parties on the signature page hereof. 
  
 (d) Successors and Assigns. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. 
  
 (e) Assignment. Neither this Agreement nor any of the rights,
interests or obligations hereunder shall be assigned by any party without the prior written consent of the other parties, except that any entity into which a party hereto may be merged or converted or with which it may be consolidated or any entity
resulting from any merger, conversion, or consolidation to which such party hereunder shall be a party, or any entity succeeding to all or substantially all of the business of the party, shall be the successor of the party under this Agreement and
except that the Managing Owner may delegate its obligations hereunder to the Distributor or the Administrator by notice to the Authorized Participant. The party resulting from any such merger, conversion, consolidation or succession shall notify the
other parties hereto of the change. Any purported assignment in violation of the provisions hereof shall be null and void. Notwithstanding the foregoing, this Agreement shall be automatically assigned to any successor trustee or Managing Owner at
such time such successor qualifies as a successor trustee or Managing Owner under the terms of the Trust Agreement. 
  
 (f) Governing Law; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware
(regardless of the laws that might otherwise govern under applicable Delaware conflict of laws principles) as to all matters, including matters of validity, construction, effect, performance and remedies. Each party hereto irrevocably consents to
the jurisdiction of the courts of the State of New York and of any federal court located in the Borough of Manhattan in such State in connection with any action, suit or other proceeding arising out of or relating to this Agreement or any action
taken or omitted hereunder, and waives any claim of forum non conveniens and any objections as to laying of 
  

 15 

 venue. Each party further waives personal service of any summons, complaint or other process and agrees that service
thereof may be made by certified or registered mail directed to such party at such party’s address for purposes of notices hereunder. 
  
 (g) Counterparts. This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Agreement
and all of which, when taken together, will be deemed to constitute one and the same agreement, and it shall not be necessary in making proof of this Agreement as to any party hereto to produce or account for more than one such counterpart executed
and delivered by such party. 
  
 (h) Interpretation. The
article and section headings contained in this Agreement are solely for the purpose of reference, are not part of the agreement of the parties and shall not in any way affect the meaning or interpretation of this Agreement. 
  
 (i) Entire Agreement. This Agreement and the Trust Agreement, along
with any other agreement or instrument delivered pursuant to this Agreement and the Trust Agreement, supersede all prior agreements and understandings between the parties with respect to the subject matter hereof, provided, however, that the
Authorized Participant shall not be deemed by this provision to be a party to the Trust Agreement. 
  
 (j) Severance. If any provision of this Agreement is held by any court or any act, regulation, rule or decision of any other governmental or supra
national body or authority or regulatory or self-regulatory organization to be invalid, illegal or unenforceable for any reason, it shall be invalid, illegal or unenforceable only to the extent so held and shall not affect the validity, legality or
enforceability of the other provisions of this Agreement and this Agreement will be construed as if such invalid, illegal, or unenforceable provision had never been contained herein, unless the Managing Owner determines in its discretion that the
provision of this Agreement that was held invalid, illegal or unenforceable does affect the validity, legality or enforceability of one or more other provisions of this Agreement, and that this Agreement should not be continued without the provision
that was held invalid, illegal or unenforceable, and in that case, upon the Managing Owner’s notification of the trustee of such a determination, this Agreement shall immediately terminate and the Managing Owner will so notify the Authorized
Participant immediately. 
  
 (k) No Strict Construction.
The language used in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rule of strict construction will be applied against any party. 
  
 (l) Survival. Sections 8 (Indemnification) and 14 (Third Party
Beneficiaries) hereof shall survive the termination of this Agreement. 
  
 (m) Other Usages. The following usages shall apply in interpreting this Agreement: (i) references to a governmental or quasi-governmental agency, authority or instrumentality shall also refer to a regulatory body that succeeds
to the functions of such agency, authority or instrumentality; and (ii) “including” means “including, but not limited to.” 
  
 [Signature Page Follows] 
  

 16 

 IN WITNESS WHEREOF, the Authorized Participant and the Managing Owner, on behalf of the Fund, have caused
this Agreement to be executed by their duly authorized representatives as of the date first set forth above. 
  

									
	 DB Commodity Services LLC
 Managing Owner of
PowerShares DB US
 Dollar Index [        ] Fund
	 	 	 	 PowerShares DB US Dollar Index [        ] Fund
 By DB Commodity Services LLC,
 as
Managing Owner of
 PowerShares DB US Dollar
 Index [        ] Fund

					
	By:	 	
	 	 	 	By:	 	

					
	Name:	 	
	 	 	 	Name:	 	

					
	Title:	 	
	 	 	 	Title:	 	

					
	By:	 	
	 	 	 	By:	 	

					
	Name:	 	
	 	 	 	Name:	 	

					
	Title:	 	
	 	 	 	Title:	 	

					
	Address:	 	 60 Wall Street
 New York, New York
10005
	 	 	 	Address:	 	 60 Wall Street
 New York, New York
10005

					
	Telephone:	 	(212) 250-5883	 	 	 	Telephone:	 	(212) 250-5883
					
	Facsimile:	 	(212) 797-4469	 	 	 	Facsimile:	 	(212) 797-4469
				
	[Name of Authorized Participant]	 	 	 	 	 	 
					
	By:	 	
	 	 	 	 	 	 
					
	Name:	 	
	 	 	 	 	 	 
					
	Title:	 	
	 	 	 	 	 	 
					
	Address:	 	
	 	 	 	 	 	 
					
	Telephone:	 	
	 	 	 	 	 	 
					
	Facsimile:	 	
	 	 	 	 	 	 

  

 17 

 EXHIBIT A 
  
 POWERSHARES DB US DOLLAR INDEX [        ] FUND 
  
 FORM OF CERTIFIED AUTHORIZED PERSONS OF AUTHORIZED PARTICIPANT 
  
 The following are the names, titles and signatures of all persons (each an “Authorized Person”) authorized to give
instructions relating to any activity contemplated by the Participant Agreement or any other notice, request or instruction on behalf of the Authorized Participant pursuant to the PowerShares DB US Dollar Index
[        ] Fund Participant Agreement. 
  

							
				
	 Authorized Participant:
	 	
	  	 	 	 
				
	Name:	 	
	  	Name:	 	

				
	Title:	 	
	  	Title:	 	

				
	Signature:	 	
	  	Signature:	 	

				
	Name:	 	
	  	Name:	 	

				
	Title:	 	
	  	Title:	 	

				
	Signature:	 	
	  	Signature:	 	

  
 The undersigned,
[name], [title] of [company], does hereby certify that the persons listed above have been duly elected to the offices set forth beneath their names, that they presently hold such offices, that they have been duly authorized to act as Authorized
Persons pursuant to the PowerShares DB US Dollar Index [        ] Fund Participant Agreement by and between [name of Authorized Participant], PowerShares DB US Dollar Index
[        ] Fund and DB Commodity Services LLC, dated [date], and that their signatures set forth above are their own true and genuine signatures. 
  
 In Witness Whereof, the undersigned has hereby set his/her hand and the seal of [company] on the date set forth below.

  

					
			
	 Subscribed and sworn to before me
 this
         day of             , 20    
	  	By:	 	

			
	 	  	Name:	 	

			
	 	  	Title:	 	

			
	 	  	Date:	 	

	
 Notary Public
	  	 	 	 

  

 A-1 

 EXHIBIT B 
 POWERSHARES DB US DOLLAR INDEX [        ] FUND 
 FORM OF PURCHASE
ORDER SUBSCRIPTION AGREEMENT 
  
 TRUSTEE, The BANK of NEW YORK
718-315-4969 / 4967 / 4449 
  

							
	Authorized Participant:	  	 	    	DTC Clearing #:	  	 
	FAX No.#:	  	 	    	Trade Date:	  	 
	Order Number:	  	 	    	Number of CU’s Created: 	  	 
	Number of Shares to be issued: 	  	 	    	USD:	  	 
	 	  	 	    	 	  	(to be provided by The Bank of New York)

  
 All Purchase Order Subscription
Agreements are subject to the terms and conditions of the Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) of PowerShares DB US Dollar Index Trust (the “Trust”) as currently in effect, which
established and designated PowerShares DB US Dollar Index [        ] Fund (the “Fund”) as one of two series of the Trust and the PowerShares DB US Dollar Index
[        ] Fund Participant Agreement among the Authorized Participant, the Fund and the Managing Owner named therein. All representations and warranties of the Authorized Participant set forth in such
PowerShares DB US Dollar Index [        ] Fund Participant Agreement are incorporated herein by reference. Capitalized terms used but not defined herein have the meaning given in the Trust Agreement.

  
 The undersigned understands that by submitting this Purchase Order
Subscription Agreement he/she is making the representations and warranties set forth in Annex A to this Purchase Order Subscription Agreement and is also granting an irrevocable Power of Attorney. The undersigned understands that its DTC account
will be charged the Transaction Fee as set forth in the currently effective copy of the Prospectus. 
  
 The undersigned does hereby certify as of the date set forth below that he/she is an Authorized Person under the PowerShares DB US Dollar Index [        ] Fund Participant
Agreement and that he/she is authorized to deliver this Purchase Order Subscription Agreement to the Managing Owner on behalf of the Authorized Participant. 
  

							
	 	 	 	 	 	 	 (Please Print Name of Authorized Participant)

	Date:	 	 	 	 	 	 
	 	 	 	 	    By: 	 	 
	Accepted by:	 	 	 	Name:
	PowerShares DB US Dollar Index [        ] Fund	 	 	 	Title:
	By:   DB Commodity Services LLC,	 	 	 	 
	 	 	    as Managing Owner	 	 	 	 
				
	By:	 	 	 	 	 	 
	 	 	 Name:
 Title:
	 	 	 	 
				
	By:	 	 	 	 	 	 
	 	 	 Name:
 Title:
	 	 	 	 

  

 B-1 

 ANNEX TO EXHIBIT B 
 TO 
 PURCHASE ORDER SUBSCRIPTION AGREEMENT 
 PURCHASER’S REPRESENTATIONS AND WARRANTIES AND 
 POWER OF ATTORNEY 
  
 1. CFTC Registration Status. The Authorized Participant either
is not required to be registered with the Commodity Futures Trading Commission (“CFTC”) or to be a member of the National Futures Association (“NFA”), or, if required to be so registered, is duly registered with the CFTC and is a
member in good standing of the NFA. The Authorized Participant agrees to supply the Managing Owner with such information as the Managing Owner may reasonably request in order to verify the foregoing representation. Vehicles for collective
investment which acquire Shares may, as a result, themselves become “commodity pools” within the intent of applicable CFTC and NFA rules, and their sponsors, accordingly, will be required to register as “commodity pool
operators.” 
  
 2. Disclosure Document. The
Authorized Participant has received the Trust’s Prospectus which constitutes its CFTC Disclosure Document. 
  
 3. Monthly Report. If trading for the Fund has commenced, the Authorized Participant has obtained a copy of the most recent monthly report
from the Fund’s website at www.dbvfund.db.com. 
  
 4.
Power of Attorney. In connection with the Authorized Participant’s acceptance of an interest in the Fund, the Authorized Participant does hereby irrevocably constitute and appoint the Managing Owner, and its successors and
assigns, as its true and lawful Attorney-in-Fact, with full power of substitution, in my name, place and stead, in the execution, acknowledgment, filing and publishing of Trust or Fund documents, including, but not limited to, the following:
(i) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business or
statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of the Amended and Restated Declaration of Trust and Trust Agreement of the Trust (the
“Trust Agreement”) or any amendment hereto, or which may be required to be filed by the Trust, the Fund or the Shareholders under the laws of any jurisdiction; (ii) Any instrument which may be required to be filed by the Trust under
the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (iii) The Trust Agreement and any documents which may be required to effect an amendment to the Trust Agreement approved under the
terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner of the Fund or of others as additional or substituted Limited Owners, or the termination of the Trust, provided
such continuation, admission or termination is in accordance with the terms of the Trust Agreement. The Power of Attorney granted hereby shall be deemed to be coupled with an interest and shall be irrevocable and shall survive, and shall not be
affected by, the Authorized Participant’s subsequent insolvency or dissolution or any delivery by the Authorized Participant of an assignment of the whole or any portion of the Authorized Participant’s Units. 
  

 B-2 

 EXHIBIT C 
  
 POWERSHARES DB US DOLLAR INDEX [        ] FUND 
  
 FORM OF REDEMPTION ORDER 
  

							
				
	Authorized Participant:	 	
	  	 	 	 
				
	Date:	 	
	  	 	 	 
				
	Submission Number:	 	
	  	 	 	 
				
	PIN Number:	 	
	  	 	 	 
				
	Number of Shares to be Issued:	 	
	  	 	 	 

  
 All Redemption Orders are subject to
the terms and conditions of the Amended and Restated Declaration of Trust and Trust Agreement of PowerShares DB US Dollar Index Trust (the “Trust”) as currently in effect and the PowerShares DB US Dollar Index
[        ] Fund Participant Agreement among the Authorized Participant, PowerShares DB US Dollar Index [        ] Fund, a series of the Trust (the “Fund”), and
the Managing Owner named therein. All representations and warranties of the Authorized Participant set forth in such PowerShares DB US Dollar Index [        ] Fund Participant Agreement are incorporated herein
by reference. 
  
 The undersigned understands that its DTC account will be charged
the Transaction Fee as set forth in the currently effective copy of the Prospectus including an additional fee as provided under Section 4(a) of the Fund’s Participant Agreement if the Redemption Order is held open. 
  
 The undersigned does hereby certify as of the date set forth below that he/she is an
Authorized Person under the PowerShares DB US Dollar Index [        ] Fund Participant Agreement and that he/she is authorized to deliver this Redemption Order to the Managing Owner on behalf of the Authorized
Participant. 
  

											
	 	 	 	 	 	 	[NAME OF AUTHORIZED PARTICIPANT]
						
	Date:	 	 	 	 	 	 	 	By:	 	 
	 	 	 	 	 	 	 	 	 	 	Name:
	 	 	 	 	 	 	 	 	 	 	Title:

  

 C-1 

 EXHIBIT D 
  
 POWERSHARES DB US DOLLAR INDEX [            ] FUND 
  
 DB COMMODITY SERVICES LLC 
  
 OFFICERS’ CERTIFICATE 
  
 The undersigned, each a duly authorized officer of DB Commodity Services LLC,
a Delaware limited liability company, the managing owner (the “Managing Owner”) of PowerShares DB US Dollar Index Trust (the “Trust”), a Delaware statutory trust with separate series, including PowerShares DB US Dollar Index
[        ] Fund (the “Fund”), and pursuant to Section 13(d) of the PowerShares DB US Dollar Index [        ] Fund Participant Agreement (the
“Agreement”), dated as of                  200         , by and among the Managing Owner, the Fund and
                (the “Authorized Participant”), hereby certify that: 
  

	 	1.	Each of the following representations and warranties of the Managing Owner is true and correct in all material respects as of the date hereof: 

  

	 	(a)	the Prospectus does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in
light of the circumstances under which they were made, not misleading; the Registration Statement and the Prospectus comply in all material respects with the requirements of the 1933 Act; any statutes, regulations, contracts or other documents that
are required to be described in the Registration Statement or the Prospectus or to be filed as exhibits to the Registration Statement have been so described or filed; the conditions to the use of Form S-1 or S-3, if applicable, have been satisfied;
the Registration Statement does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading and the Prospectus does not contain an
untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that the Managing Owner makes no warranty or
representation with respect to any statement contained in the Registration Statement or any Prospectus in reliance upon and in conformity with information concerning the Authorized Participant and furnished in writing by or on behalf of the
Authorized Participant to the Managing Owner expressly for use in the Registration Statement or such Prospectus; 

  

	 	(b)	the Trust has been duly formed and is validly existing as an investment trust under the laws of the State of Delaware, as described in the Registration Statement and the Prospectus,
and the Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) authorizes the Managing Owner to issue and deliver the Shares of the 

  

 D-1 

	 	  	Fund to the Authorized Participant hereunder as contemplated in the Registration Statement and the Prospectus; 

  

	 	(c)	the Managing Owner has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware, with full power and
authority to conduct its business as described in the Registration Statement and the Prospectus, and has all requisite power and authority to execute and deliver this Agreement; 

  

	 	(d)	the Managing Owner is duly qualified and is in good standing in each jurisdiction where the conduct of its business requires such qualification; and the Fund is not required to so
qualify in any jurisdiction; 

  

	 	(e)	complete and correct copies of the Trust Agreement, and any and all amendments thereto, have been delivered to the Authorized Participant, and no changes thereto have been made;

  

	 	(f)	the outstanding Shares have been duly and validly issued and are fully paid and non-assessable and free of statutory and contractual preemptive rights, rights of first refusal and
similar rights; 

  

	 	(g)	the Shares conform in all material respects to the description thereof contained in the Registration Statement and the Prospectus and the holders of the Shares will not be subject
to personal liability by reason of being such holders; 

  

	 	(h)	the Agreement has been duly authorized, executed and delivered by the Fund and the Managing Owner and constitutes the valid and binding obligations of the Fund and the Managing
Owner, enforceable against the Fund and the Managing Owner in accordance with its terms; 

  

	 	(i)	neither the Managing Owner nor the Fund is in breach or violation of or in default under (nor has any event occurred which with notice, lapse of time or both would result in any
breach or violation of, constitute a default under or give the holder of any indebtedness (or a person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a part of such indebtedness under) its
respective constitutive documents, or any indenture, mortgage, deed of trust, bank loan or credit agreement or other evidence of indebtedness, or any license, lease, contract or other agreement or instrument to which the Managing Owner or the Fund
is a party or by which any of them or any of their properties may be bound or affected, and the execution, delivery and performance of this Agreement, the issuance and sale of Shares to the Authorized Participant hereunder and the consummation of
the transactions contemplated hereby does not conflict with, result in any breach or violation of or constitute a default under (nor constitute any event which with notice, lapse of time or both would result in any breach 

 

 D-2 

	 	  	or violation of or constitute a default under), respectively, the limited liability company agreement of the Managing Owner or the Trust Agreement, or any indenture, mortgage, deed
of trust, bank loan or credit agreement or other evidence of indebtedness, or any license, lease, contract or other agreement or instrument to which the Managing Owner or the Fund is a party or by which, respectively, the Managing Owner or the Fund
or any of their respective properties may be bound or affected, or any federal, state, local or foreign law, regulation or rule or any decree, judgment or order applicable to the Managing Owner or the Fund; 

  

	 	(j)	no approval, authorization, consent or order of or filing with any federal, state, local or foreign governmental or regulatory commission, board, body, authority or agency is
required in connection with the issuance and sale of Shares to the Authorized Participant hereunder or the consummation by the Managing Owner or the Fund of the transactions contemplated hereunder other than registration of the Shares under the 1933
Act, which has been effected, and any necessary qualification under the securities laws of the various jurisdictions in which the Shares are being offered or under the rules and regulations of the National Association of Securities Dealers (the
“NASD”); 

  

	 	(k)	except as set forth in the Registration Statement and the Prospectus (i) no person has the right, contractual or otherwise, to cause the Fund to issue or sell to it any Shares
or other equity interests of the Fund, and (ii) no person has the right to act as an underwriter or as a financial advisor to the Fund in connection with the offer and sale of the Shares, in the case of each of the foregoing clauses (i), and
(ii), whether as a result of the filing or effectiveness of the Registration Statement or the sale of the Shares as contemplated thereby or otherwise; no person has the right, contractual or otherwise, to cause the Managing Owner on behalf of the
Fund or the Fund to register under the 1933 Act any other equity interests of the Fund, or to include any such shares or interests in the Registration Statement or the offering contemplated thereby, whether as a result of the filing or effectiveness
of the Registration Statement or the sale of the Shares as contemplated thereby or otherwise; 

  

	 	(l)	each of the Managing Owner and the Fund has all necessary licenses, authorizations, consents and approvals and has made all necessary filings required under any federal, state,
local or foreign law, regulation or rule, and has obtained all necessary authorizations, consents and approvals from other persons, in order to conduct its respective business; neither the Managing Owner nor the Fund is in violation of, or in
default under, or has received notice of any proceedings relating to revocation or modification of, any such license, authorization, consent or approval or any federal, state, local or foreign law, regulation or rule or any decree, order or judgment
applicable to the Managing Owner or the Fund; 

  

 D-3 

	 	(m)	all legal or governmental proceedings, affiliate transactions, off-balance sheet transactions, contracts, licenses, agreements, leases or documents of a character required to be
described in the Registration Statement or the Prospectus or to be filed as exhibits to the Registration Statement have been so described or filed as required; 

  

	 	(n)	except as set forth in the Registration Statement and the Prospectus, there are no actions, suits, claims, investigations or proceedings pending or threatened or contemplated to
which the Managing Owner or the Fund, or any of the Managing Owner’s directors or officers, is or would be a party or of which any of their respective properties are or would be subject at law or in equity, before or by any federal, state,
local or foreign governmental or regulatory commission, board, body, authority or agency; 

  

	 	(o)	KPMG LLP, whose report on the audited financial statements of the Fund is filed with the SEC as part of the Registration Statement and the Prospectus, are independent public
accountants as required by the 1933 Act; 

  

	 	(p)	the audited financial statement(s) included in the Prospectus, together with the related notes and schedules, presents fairly the financial position of the Fund as of the date
indicated and has been prepared in compliance with the requirements of the 1933 Act and in conformity with generally accepted accounting principles; there are no financial statements (historical or pro forma) that are required to be included in the
Registration Statement and the Prospectus that are not included as required; and the Fund does not have any material liabilities or obligations, direct or contingent (including any off-balance sheet obligations), not disclosed in the Registration
Statement and the Prospectus; 

  

	 	(q)	subsequent to the respective dates as of which information is given in the Registration Statement and the Prospectus, there has not been (i) any material adverse change, or any
development involving a prospective material adverse change affecting the Managing Owner or the Fund, (ii) any transaction which is material to the Managing Owner or the Fund taken as a whole, (iii) any obligation, direct or contingent
(including any off-balance sheet obligations), incurred by the Managing Owner or the Fund, which is material to the Fund, (iv) any change in the Shares purchased by the Authorized Participant or outstanding indebtedness of the Managing Owner or
the Fund or (v) any dividend or distribution of any kind declared, paid or made on such Shares; 

  

	 	(r)	the Trust is not and, after giving effect to the offering and sale of the Shares, will not be required to be registered as an investment company under the Investment Company Act;

  

 D-4 

	 	(s)	except as set forth in the Registration Statement and the Prospectus, the Managing Owner and the Fund own, or have obtained valid and enforceable licenses for, or other rights to
use, the inventions, patent applications, patents, trademarks (both registered and unregistered), tradenames, copyrights, trade secrets and other proprietary information described in the Registration Statement and the Prospectus as being owned or
licensed by them or which are necessary for the conduct of their respective businesses, (collectively, “Intellectual Property”); (i) to the knowledge of the Managing Owner or the Fund, there are no third parties who have or will be
able to establish rights to any Intellectual Property, except for the ownership rights of the owners of the Intellectual Property which is licensed to the Managing Owner or the Fund; (ii) to the knowledge of the Managing Owner or the Fund,
there is no infringement by third parties of any Intellectual Property; (iii) there is no pending or, to the knowledge of the Managing Owner or the Fund, threatened action, suit, proceeding or claim by others challenging the Managing
Owner’s or the Fund’s rights in or to any Intellectual Property, and the Managing Owner and the Fund are unaware of any facts which could form a reasonable basis for any such claim; (iv) there is no pending or, to the knowledge of the
Managing Owner or the Fund, threatened action, suit, proceeding or claim by others challenging the validity or scope of any Intellectual Property, and the Managing Owner and the Fund are unaware of any facts which could form a reasonable basis for
any such claim; and (v) there is no pending or, to the knowledge of the Managing Owner or the Fund, threatened action, suit, proceeding or claim by others that the Managing Owner or the Fund infringes or otherwise violates any patent,
trademark, copyright, trade secret or other proprietary rights of others, and the Managing Owner and the Fund are unaware of any facts which could form a reasonable basis for any such claim; 

  

	 	(t)	all tax returns required to be filed by the Fund have been filed, and all taxes and other assessments of a similar nature (whether imposed directly or through withholding) including
any interest, additions to tax or penalties applicable thereto due or claimed to be due from such entities have been paid; and no tax returns or tax payments are due with respect to the Fund as of the date of the Agreement; 

 

	 	(u)	neither the Managing Owner nor the Fund has sent or received any communication regarding termination of, or intent not to renew, any of the contracts or agreements referred to or
described in, or filed as an exhibit to, the Registration Statement, and no such termination or non-renewal has been threatened by the Managing Owner or the Fund or any other party to any such contract or agreement; 

  

	 	(v)	with respect to its activities on behalf of the Fund, as provided for in the Trust Agreement, the Managing Owner maintains a system of internal accounting controls sufficient to
provide reasonable assurance that (i)

  

 D-5 

	 	  	transactions are executed in accordance with the Trust Agreement and the Managing Owner’s duties thereunder; (ii) transactions with respect to the Fund are recorded as
necessary to permit preparation of financial statements in conformity with generally accepted accounting principles and to maintain accountability for assets; and (iii) assets are held for the Fund in accordance with the Trust Agreement;

  

	 	(w)	on behalf of the Fund, the Managing Owner has established and maintains disclosure controls and procedures (as such term is defined in Rule 13a-14 and 15d-14 under the 1934 Act,
giving effect to the rules and regulations, and SEC staff interpretations (whether or not public), thereunder)); such disclosure controls and procedures are designed to ensure that material information relating to the Fund, is made known to the
Managing Owner, and such disclosure controls and procedures are effective to perform the functions for which they were established; on behalf of the Fund, the Managing Owner has been advised of: (i) any significant deficiencies in the design or
operation of internal controls which could adversely affect the Fund’s ability to record, process, summarize, and report financial data; and (ii) any fraud, whether or not material, that involves management or other employees who have a
role in the Fund’s internal controls; any material weaknesses in internal controls have been identified for the Fund’s auditors; 

  

	 	(x)	any statistical and market-related data included in the Registration Statement and the Prospectus are based on or derived from sources that the Managing Owner believes to be
reliable and accurate, and the Managing Owner has obtained the written consent to the use of such data from such sources to the extent required; and 

  

	 	(y)	neither the Managing Owner, nor any of the Managing Owner’s directors, members, managers, officers, affiliates or controlling persons nor the Trustee has taken, directly or
indirectly, any action designed, or which has constituted or might reasonably be expected to cause or result in, under the 1934 Act or otherwise, the stabilization or manipulation of the price of any security or asset of the Fund to facilitate the
sale or resale of the Shares; and there are no affiliations or associations between any member of the NASD and any of the Managing Owner’s officers, directors or 5% or greater security holders, except as set forth in the Registration Statement
and the Prospectus. 

  

	 	  	For purposes hereof, the term “Registration Statement” shall mean the Registration Statement as amended or supplemented from time to time to the date hereof and the term
“Prospectus” shall mean the Prospectus as amended or supplemented from time to time to the date hereof. 

  

	 	2.	Each of the obligations of the Managing Owner to be performed by it on or before the date hereof pursuant to the terms of the Agreement, and each of the provisions

  

 D-6 

	 	  	thereof to be complied with by the Managing Owner on or before the date hereof, has been duly performed and complied with in all material respects. 

  
 Capitalized terms used, but not defined herein shall have the meanings assigned to such terms
in the Agreement. 
  
 [SIGNATURE PAGE TO FOLLOW] 
  

 D-7 

 IN WITNESS WHEREOF, we have hereunto, on behalf of the Managing Owner, subscribed our names this
             day of             . 
  

			
		
	By:	 	 
	 	 	Name:
	 	 	Title:

  

			
	By:	 	 
	 	 	Name:
	 	 	Title:

  
 I,
            , in my capacity as [title], hereby certify that              and
            , are the duly elected              and
            , respectively, of the Managing Owner, and that the signatures set forth immediately above are their genuine signatures. 
  
 IN WITNESS WHEREOF, I have hereunto set my hand as of the
date first set forth above. 
  

			
	By:	 	 
	 	 	Name:
	 	 	Title:

  

 D-8 

 FORM OF 
 POWERSHARES DB US DOLLAR INDEX [            ] FUND 
 PARTICIPANT AGREEMENT 
  
 ATTACHMENT A 
  
 POWERSHARES DB US DOLLAR INDEX
[            ] FUND PROCEDURES 
  
 CREATION AND REDEMPTION OF 
  
 POWERSHARES DB US DOLLAR INDEX [            ] FUND SHARES 
  
 Scope of Procedures and Overview 
  
 These procedures (the “Procedures”) describe the processes by which one or more Baskets of PowerShares DB US Dollar Index
[            ] Fund shares (the “Shares”) issuable by PowerShares DB US Dollar Index [            ] Fund (the
“Fund”) may be purchased or, once Shares have been issued, redeemed by an Authorized Participant (a “Participant”). Shares may be created or redeemed only in blocks of 200,000 Shares (each such block, a “Basket”).

  
 Capitalized terms used in these Procedures without further definition have the
meanings assigned to them in the Amended and Restated Declaration of Trust and Trust Agreement of PowerShares DB US Dollar Index Trust (the “Trust”), a Delaware statutory trust with multiple series, including the Fund (the “Trust
Agreement”), dated as of              , 2006, between Wilmington Trust Company, as trustee of the Trust (the “Trustee”) DB Commodity Services LLC, as managing
owner (the “Managing Owner”) and the Unitholders party thereto from time to time or the Participant Agreement entered into by each Participant with the Fund and the Managing Owner. 
  
 For purposes of these Procedures, a “Business Day” means a day other than Saturday,
Sunday or other day when banks and/or securities exchanges in the City of New York or the City of Wilmington are authorized or obligated by law or executive order to close. 
  
 “Order Cut-Off Time” means 1:00 pm, New York time, on each Business Day. 
  
 Baskets are issued pursuant to the Prospectus, which will be delivered by the Managing Owner
to each Participant prior to its execution of the Participant Agreement, and are issued and redeemed in accordance with the Trust Agreement and the Participant Agreement. Baskets may be issued and redeemed on any Business Day by the Managing Owner
in exchange for the Creation Basket Capital Contribution, which the Managing Owner receives from Participants or Redemption Distributions to Participants, in each case on behalf of the Trust. Participants will be required to pay a nonrefundable per
order transaction fee of $500 to the Managing Owner (the “Transaction Fee”). 
  
 Each Participant is responsible for ensuring that the Creation Basket Capital Contribution it intends to transfer to the Fund in exchange for Creation Baskets is available for transfer to the Fund in the manner and at the times described in
these Procedures. 

 Upon acceptance of the Participant Agreement by the Managing Owner, the Managing Owner will assign a personal
identification number (a “PIN number”) to each Authorized Person authorized to act for the Participant. This will allow the Participant through its Authorized Person(s) to place Purchase Order Subscription Agreement(s) or Redemption
Order(s) for Baskets. 
  
 Important Notes: 
  

	 	•	 	Any Order is subject to rejection by the Managing Owner for the reasons set forth in the Trust Agreement or the Participant Agreement. 

  

	 	•	 	All Orders are subject to the provisions of the Trust Agreement and the Participant Agreement relating to unclear or ambiguous instructions. 

  
 CREATION PROCESS 
  
 An order to purchase one or more Creation Baskets placed by a Participant with the Managing Owner by a telephone call placed by the Order
Cut-Off Time on a Business Day (such day, “Purchase Order Subscription Date”) results in the issuance and delivery of Creation Baskets at noon, New York time, on the Business Day immediately following the Purchase Order Subscription Date
if the Managing Owner has received: 
  

	 	•	 	for its own account, the Transaction Fee, and 

  

	 	•	 	for the account of the Fund the Creation Basket Capital Contribution due from the Participant submitting the Purchase Order Subscription Agreement. 

  
 CREATION PROCEDURES 
  

	 	1.	By the Order Cut-Off Time (1:00 p.m. N.Y. time) on the Purchase Order Subscription Date, an Authorized Person of the Participant calls the Managing Owner at (718) 315-4417 to
notify the Managing Owner that the Participant wishes to place a Purchase Order and Subscription Agreement with the Managing Owner to create an identified number of Creation Baskets and to request that the Managing Owner provide an order number (an
“Order Number”). Calls placed before the Order Cut-Off Time will be processed even if the call is taken after that time. The Authorized Person provides a PIN number as identification to the Managing Owner. The Managing Owner provides the
Participant with an Order Number for the Participant’s Purchase Order and Subscription Agreement. The Participant then completes and faxes to the Managing Owner the Purchase Order Subscription Agreement included as Exhibit B to the Participant
Agreement. The Purchase Order Subscription Agreement must be completed and also include the Authorized Person’s signature, the number of Creation Baskets being purchased, and the Order Number previously provided by the Managing Owner.

  

	 	2.	If the Managing Owner has not received the Purchase Order Subscription Agreement from the Participant within 15 minutes after the Managing Owner receives the phone call from the
Participant referenced in item (1) above, the 

  

 2 

	 	 	Managing Owner places a phone call to the Participant to enquire about the status of the Order. If the Participant does not fax the Purchase Order Subscription Agreement to the
Managing Owner within 15 minutes after the Managing Owner’s phone call, the Participant’s Order is cancelled. The Managing Owner will then notify the Participant that the Order has been cancelled via telephone call.

  

	 	3.	If the Managing Owner has received the Participant’s Purchase Order Subscription Agreement on time in accordance with the preceding timing rules, then by 2:30 p.m. N.Y. time
the Managing Owner returns to the Participant a copy of the Purchase Order Subscription Agreement submitted, marking it “Accepted.” 

  

	 	4.	As promptly as practicable following the publication of the net asset value of the Fund and the net asset value per Share of the Shares on the Purchase Order Subscription Date, the
Managing Owner shall communicate to the Authorized Participant the amount of cash necessary for the Creation Basket Capital Contribution and details of the method of payment required for the Creation Basket Capital Contribution.

  

	 	5.	If the Managing Owner rejects a Purchase Order Subscription Agreement pursuant to the Trust Agreement or the Participant Agreement, the Managing Owner will notify the Participant
whose Purchase Order Subscription Agreement was rejected. 

  

	 	6.	At noon, New York time, on the Business Day immediately following the Purchase Order Subscription Date the Managing Owner authorizes the creation and issuance of the Creation
Baskets ordered by each Participant on the Purchase Order Subscription Date for which the Managing Owner has received confirmation of receipt of (A) for its own account, the Transaction Fee, and (B) for the account of the Fund the Creation
Basket Capital Contribution due from the Participant submitting the Purchase Order Subscription Agreement. 

  

	 	7.	The Managing Owner will cause the Fund to deposit the Creation Basket with the Depository in accordance with the Depository’s customary procedures, for the credit of the
account of the Participant that placed the Purchase Order Subscription Agreement. 

  

	 	8.	If by noon, New York time, on the Business Day immediately following the Purchase Order Subscription Date the Managing Owner authorizes the creation and issuance of the Creation
Baskets ordered by each Participant on the Purchase Order Subscription Date for which the Managing Owner has received confirmation of receipt of (A) for its own account, the Transaction Fee, and (B) for the account of the Fund the Creation
Basket Capital Contribution due from the 

  

 3 

	 	 	Participant submitting the Purchase Order Subscription Agreement, the Participant will be charged by the Managing Owner an additional processing charge of $2,000.

  
 [Redemption Process Follows on Next Page]

  

 4 

 REDEMPTION PROCESS 
  
 An order to redeem one or more Redemption Baskets placed by a Participant with the Managing Owner by a telephone call placed
by the Order Cut-off Time on a Business Day (such day, “Redemption Order Date”) results in the following taking place by noon, New York time, on the Business Day immediately following the Redemption Order Date (the “Redemption
Settlement Time”): 
  

	 	•	 	if the Fund’s account at the Depository has by the Redemption Settlement Time been credited with the Redemption Baskets being tendered for redemption and the Managing Owner has
by such time received the Transaction Fee, the Managing Owner shall deliver the Redemption Distribution through the Depository to the account of the Participant as recorded on the book entry system of the Depository. 

  
 REDEMPTION PROCEDURES 
  

	 	1.	By the Order Cut-off Time (1:00 p.m. N.Y. time), an Authorized Person of the Participant calls the Managing Owner at (718) 315-4417 to notify the Managing Owner that the
Participant wishes to place a Redemption Order with the Managing Owner to redeem an identified number of Redemption Baskets and to request that the Managing Owner provide an Order Number. Calls placed before the Order Cut-Off Time will be processed
even if the call is taken after that time. The Authorized Person provides a PIN number as identification to the Managing Owner. The Managing Owner provides the Participant with an Order Number for the Participant’s Redemption Order Form. The
Participant then completes and faxes to the Managing Owner the Redemption Order Form included as Exhibit C to the Participant Agreement. The Redemption Order Form must include the Authorized Person’s signature, the number of Redemption Baskets
redeemed, and the Order Number previously provided by the Managing Owner. 

  

	 	2.	If the Managing Owner has not received the Redemption Order Form from the Participant within 15 minutes after the Managing Owner receives the phone call from the Participant
referenced in item (1) above, the Managing Owner places a phone call to the Participant to inquire about the status of the Order. If the Participant does not fax the Redemption Order Form to the Managing Owner within 15 minutes after the
Managing Owner’s phone call, the Participant’s Order is cancelled. The Managing Owner will then notify the Participant that the Order has been cancelled via telephone call. 

  

	 	3.	If the Managing Owner has received the Participant’s Redemption Order Form on time in accordance with the preceding timing rules, then by 2:30 p.m. N.Y. time the Managing Owner
returns to the Participant a copy of the Redemption Order Form submitted, marking it “Affirmed.” 

  

	 	4.	As promptly as practicable following the publication of the net asset value of the Fund and the net asset value per Share of the Shares on the Redemption Order

  

 5 

	 	 	Date, the Managing Owner shall communicate to the Authorized Participant the amount of cash to be delivered in the Redemption Distribution. 

  

	 	5.	If the Managing Owner rejects a Redemption Order pursuant to the Trust Agreement or the Participant Agreement, the Managing Owner will notify the Participant whose Redemption Order
was rejected and the amount of cash contained in the rejected Redemption Order. 

  

	 	6.	By the “Redemption Settlement Time,” if the Managing Owner’s account at the Depository has by such time been credited with the Redemption Baskets being tendered for
redemption and the Managing Owner has by such time received the Transaction Fee, the Managing Owner shall deliver the Redemption Distribution through the Depository to the account of the Participant as recorded on the book entry system of the
Depository. 

  

	 	7.	If by the Redemption Settlement Time the Managing Owner has not received from a redeeming Participant all Redemption Baskets comprising the Redemption Order, the Managing Owner will
(i) settle the Redemption Order to the extent of whole Redemption Baskets received from the Participant and (ii) keep the redeeming Participant’s Redemption Order open until noon, New York time, on the first Business Day following the
Redemption Settlement Date as to the balance of the Redemption Order (such balance, the “Suspended Redemption Order”). 

  

	 	8.	If the Redemption Basket(s) comprising the Suspended Redemption Order are credited to the Fund’s account at the Depository by noon, New York time, on such following Business
Day, the Redemption Distribution with respect to the Suspended Redemption Order shall be paid in the manner provided in item (5) above. 

  

	 	9.	If by such Redemption Settlement Time the Fund has not received from the redeeming Participant all Redemption Baskets comprising the Suspended Redemption Order, the Managing Owner
will settle the Suspended Redemption Order to the extent of whole Redemption Baskets then received and any balance of the Suspended Redemption will be cancelled. Notwithstanding the foregoing, when and under such conditions as the Managing Owner may
from time to time determine, the Managing Owner shall be authorized to deliver the Redemption Distribution notwithstanding that a Redemption Basket has not been credited to the Fund’s account at the Depository if the Participant has
collateralized its obligation to deliver the Redemption Basket on such terms as the Managing Owner may, in its sole discretion, from time to time agree. 

  

	 	10.	If, by the Redemption Settlement Time the Fund has not received from a redeeming Participant all Redemption Baskets comprising the Redemption Order or the Suspended Redemption
Order, as applicable, the Participant will be charged by the Managing Owner an additional processing charge of $2,000. 

  

 6Purchase Agreement

 Exhibit 10.8 
 PURCHASE AGREEMENT 
 between  
 JAY STREET, LLC 
 and 
 WESTCORE PROPERTIES AC, LLC 
 May 3, 2006 
 3101, 3121, 3131 and 3151 Jay Street 
 Santa Clara, California 

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page
	 ARTICLE 1
	 	 Purchase and Sale
	  	1
	 1.1
	 	 The Property
	  	1
	 1.2
	 	 Property Approval Period(a)
	  	1
			
	 ARTICLE 2
	 	 Purchase Price
	  	4
	 2.1
	 	 Amount and Payment
	  	4
	 2.2
	 	 Deposits
	  	5
	 2.3
	 	 Liquidated Damages
	  	5
			
	 ARTICLE 3
	 	 Completion of Sale
	  	6
	 3.1
	 	 Place and Date
	  	6
			
	 ARTICLE 4
	 	 Title and Condition
	  	6
	 4.1
	 	 Title to the Property
	  	6
	 4.2
	 	 Leases
	  	6
	 4.3
	 	 Personal Property
	  	6
	 4.4
	 	 Contracts
	  	6
	 4.5
	 	 Permits
	  	6
	 4.6
	 	 Acceptance of Title
	  	6
	 4.7
	 	 “AS IS” Sale
	  	7
	 4.8
	 	 Buyer’s Release
	  	10
			
	 ARTICLE 5
	 	 Representations and Warranties
	  	10
	 5.1
	 	 Seller
	  	10
	 5.2
	 	 Buyer
	  	11
			
	 ARTICLE 6
	 	 Covenants
	  	12
	 6.1
	 	 Seller
	  	12
	 6.2
	 	 Buyer
	  	13
	 6.3
	 	 Casualty Damage
	  	14
	 6.4
	 	 Eminent Domain
	  	14
			
	 ARTICLE 7
	 	 Conditions Precedent
	  	15
	 7.1
	 	 Seller
	  	15
	 7.2
	 	 Buyer
	  	15
			
	 ARTICLE 8
	 	 Closing
	  	17
	 8.1
	 	 Procedure
	  	17
	 8.2
	 	 Possession
	  	17
	 8.3
	 	 Closing Costs
	  	18
	 8.4
	 	 Prorations
	  	18
	 8.5
	 	 Tenant Reconciliations and Post-Closing Adjustments
	  	19
	 8.6
	 	 Post-Closing Access
	  	19
			
	 ARTICLE 9
	 	 General
	  	20
	 9.1
	 	 Notices
	  	20
	 9.2
	 	 Attorneys’ Fees
	  	21
	 9.3
	 	 Governing Law
	  	21

  

 i 

					
	 9.4
	  	 Seller Default
	  	21
	 9.5
	  	 Construction
	  	21
	 9.6
	  	 Terms Generally
	  	21
	 9.7
	  	 Further Assurances
	  	22
	 9.8
	  	 Partial Invalidity
	  	22
	 9.9
	  	 Waivers
	  	22
	 9.10
	  	 Miscellaneous
	  	22

  

			
	 Exhibit A
	  	 Description of Property

	 Exhibit B
	  	 Lease List

	 Exhibit C
	  	 Personal Property

	 Exhibit D
	  	 Contracts

	 Exhibit E
	  	 Grant Deed

	 Exhibit F
	  	 Assignment of Leases

	 Exhibit G
	  	 Bill of Sale

	 Exhibit H
	  	 Assignment of Contracts

	 Exhibit I
	  	 Assignment of Permits

	 Exhibit J
	  	 Security Deposits

	 Exhibit K
	  	 Seller’s Closing Certificate

	 Exhibit L
	  	 Estoppel Certificate

	 Exhibit M
	  	 Buyer’s Closing Certificate

	 Exhibit N
	  	 Certificate of Nonforeign Status

	 Exhibit O
	  	 List of Environmental Reports

	 Exhibit P
	  	 Form of Tenant Notice

	 Exhibit Q
	  	 Form of Vendor Notice

  

 ii 

 PURCHASE AGREEMENT 
 THIS PURCHASE AGREEMENT (this “Agreement”), is made as of May 3, 2006, by and between JAY STREET, LLC, a Delaware limited liability company (“Seller”), and WESTCORE PROPERTIES AC,
LLC, a Delaware limited liability company (“Buyer”). 
 WITNESSETH: 
 In consideration of the covenants in this Agreement, Seller and Buyer agree as follows: 
 ARTICLE 1 
 Purchase and Sale 
 1.1 The Property. Seller agrees to sell to Buyer and Buyer agrees to buy from Seller, in accordance with this Agreement, all of the following
property (collectively the “Property”): 
 (a) The real property in the City of Santa Clara, County of Santa Clara, State of
California, commonly known as 3101, 3121, 3131 and 3151 Jay Street, as more particularly described in Exhibit A attached hereto, together with all buildings, structures, improvements, machinery, fixtures and equipment affixed or attached to such
real property and all easements and rights appurtenant to such real property (all such real property, buildings, structures, improvements, machinery, fixtures, equipment, easements and rights are collectively the “Real Property”);

 (b) Seller’s interest in all leases, lease amendments, lease guaranties, work letter agreements, improvement agreements, other
occupancy agreements, subleases, assignments, licenses, concessions and other agreements (the “Leases”) with all persons leasing, using or occupying the Real Property or any part thereof (“Tenants”) described in the list of
leases (the “Lease List”) attached hereto as Exhibit B; 
 (c) All tangible and intangible personal property (the “Personal
Property”) described in Exhibit C attached hereto; 
 (d) Seller’s interest in all contracts, agreements, warranties and guaranties
(the “Contracts”) described in Exhibit D attached hereto; and 
 (e) Seller’s interest in all building permits, certificates
of occupancy, and other certificates, permits, licenses and approvals (the “Permits”) relating to the Real Property. 
 1.2
Property Approval Period. (a) During the period that commenced on April 20, 2006, and will end at 5:00 p.m., Pacific time on May 11, 2006 (the “Property Approval Period”), Buyer shall, in good faith and with
diligence, at Buyer’s expense, review and investigate the physical and environmental condition of the Property, the character, quality and general utility of the Property, the zoning, land use, environmental and building requirements and
restrictions applicable to the Property, the state of title to the Property, and the Leases. Buyer shall pay for the cost of any survey of the Property required by Buyer. Buyer shall determine, in its sole and 

  

 1 

 
absolute discretion, whether or not the Property is acceptable to Buyer within the Property Approval Period. If, during the Property Approval Period, Buyer
determines, in its sole and absolute discretion, that the Property is not acceptable, Buyer shall have the right, by giving notice to Seller on or before the last day of the Property Approval Period, to terminate this Agreement. If Buyer exercises
the right to terminate this Agreement in accordance with this section 1.2 or if Buyer does not notify Seller that Buyer elects to purchase the Property in accordance with this Agreement prior to the expiration of the Property Approval Period, then
this Agreement shall terminate on the earlier of the date such termination notice is given by Buyer or the end of the Property Approval Period, in which event the Deposits (as hereinafter defined) and all interest thereon shall be returned to Buyer.
If Buyer notifies Seller that Buyer does elect to purchase the Property in accordance with this Agreement prior to the end of the Property Approval Period, then this Agreement shall continue in full force and effect, and Buyer shall have no further
right to terminate this Agreement pursuant to this section 1.2. 
 (b) From the date of this Agreement through Closing (as hereinafter
defined) or the earlier termination of this Agreement, Seller shall permit Buyer and Buyer’s representatives to inspect and copy the files of Seller relating to the Property, including the Leases and any plans and specifications, Permits, soils
and engineering reports, the environmental reports listed on Exhibit O, income and expense statements, books and records for the Property, bank statements relating to the Property, utility bills, information regarding capital expenditures made by
Seller, lease files, surveys, and Contracts, but excluding appraisal and valuation reports and similar information, in the possession of Seller (collectively, and together with the Preliminary Report (defined below) and the underlying exception
documents, the “Seller Diligence Documents”), and Seller shall provide Buyer and Buyer’s representatives with access to the Property at reasonable times during normal business hours on business days for the purposes of carrying out
the responsibilities of Buyer pursuant to this section 1.2. Seller shall provide Buyer with a current rent roll for the Property within three (3) business days after the date of this Agreement, if not previously delivered to Buyer. Buyer
acknowledges that the materials relating to the Property to be furnished by Seller to Buyer contain confidential and proprietary information. Buyer agrees to keep confidential, and not disseminate to any third party other than Buyer’s Agents
(as defined below), or Buyer’s prospective lenders or investors, any non-public information, studies or reports that Buyer and/or Buyer’s employees, agents, contractors and representatives (collectively, “Buyer’s Agents”)
obtain, from Seller or otherwise, or develop during or as a result of Buyer’s due diligence inspections (the “Due Diligence Information”). Buyer shall not use the Due Diligence Information in a way that is detrimental to Seller or for
any purpose other than Buyer’s evaluating the proposed acquisition of the Property. If Buyer does not purchase the Property, the Seller Diligence Documents shall be delivered or returned to Seller immediately upon its request, and, except as
required by law, neither Buyer nor Buyer’s Agents shall retain any copies, extracts or other reproductions of the Due Diligence Information, whether received from Seller or developed by or for Buyer. If Buyer or Buyer’s Agents are
requested or required to disclose any Due Diligence Information, Buyer shall promptly notify Seller of such request or requirement so that Seller may, at its cost and expense, seek to avoid or minimize the required disclosure and/or to obtain an
appropriate protective order. 
 (c) Buyer agrees that Seller shall have the right to have a representative present to observe all due
diligence inspections conducted at the Property. Buyer acknowledges and agrees that any and all due diligence inspections shall be conducted in a manner not unreasonably 

  

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disruptive to tenants or to the operation of the Property. With respect to tenant meetings, Seller agrees to permit Buyer reasonable opportunities to meet
with each tenant; provided, however, that Seller shall have the right to have its property manager or a representative of Seller, at Seller’s election, present at all such meetings. Buyer shall arrange any desired tenant meetings with Seller by
requesting any such meeting at least one (1) business day in advance, and if Seller or its representative cannot attend such meeting, Buyer shall have the right to attend the meeting without Seller. Provided Buyer elects to purchase the
Property by giving notice to Seller pursuant to section 1.2(a) above, Buyer shall have the right to conduct such tenant interviews through the Closing Date (as hereinafter defined). Except as expressly set forth above, neither Buyer nor any of
Buyer’s representatives shall contact any tenants or make any inquiries of any tenants of the Property, and neither Buyer nor its representatives, employees, agents, consultants or contractors shall interfere with the activity of tenants or any
persons occupying or providing services at the Property. 
 (d) In conducting its due diligence, Buyer agrees to carry, or to require its
agents, consultants and contractors who conduct the due diligence inspections at or on the Property to carry, not less than one million dollars ($1,000,000) comprehensive general liability insurance with a contractual liability endorsement that
insures Buyer’s indemnity obligations under section 1.2(g) hereof, and Buyer shall provide Seller with written evidence of same. Buyer shall restore promptly any physical damage caused by its due diligence inspections. Buyer agrees to keep the
Property free and clear of any liens that may arise as a result of Buyer’s activities and those of its agents, consultants and contractors at or on the Property. All activities undertaken in connection with Buyer’s due diligence activities
shall fully comply with applicable laws and regulations, including laws and regulations relating to worker safety. 
 (e) Buyer shall not
allow or conduct any intrusive physical or environmental testing, inspection or investigation of the Property, and nothing contained in this Agreement shall be deemed to grant Buyer any right of access to conduct intrusive physical or environmental
testing, inspection or investigation of the Property, without first obtaining Seller’s prior written consent (which may be withheld in Seller’s reasonable discretion) as to the timing and scope of work to be performed and, upon request of
Seller, entering into an additional agreement with respect thereto in a form acceptable to Seller. Prior to performing any environmental tests or studies on the Property beyond the scope of work generally performed in a “Phase I”
environmental property assessment study, Buyer shall notify Seller of the scope of work intended to be performed and shall provide Seller an opportunity to confer, either directly or through Seller’s consultants, with Buyer’s environmental
consultants in order to determine whether to consent to any sampling or testing of surface or subsurface soils, surface water or ground water. Seller may elect to deny Buyer permission to conduct intrusive testing or other inspections of the soils,
surface water or ground water based on Seller’s determination, in its reasonable discretion, that such inspections are inadvisable. 
 (f) Buyer, at its sole cost, shall restore promptly any and all physical damage or injury caused by its due diligence inspections and shall return the Property substantially to the condition existing prior to such entry; it being
understood, however, that Buyer shall not be responsible for damage due to the mere discovery of a pre-existing condition, but Buyer shall be responsible for any exacerbation of a pre-existing condition resulting from Buyer’s activities.

  

 3 

 (g) Buyer hereby indemnifies and agrees to protect, defend and hold harmless Seller and Seller’s
members, employees, licensees, contractors, agents and invitees from and against any and all obligations, losses, injuries, damages, claims, liens, costs, expenses, demands, liabilities, penalties and investigation costs, including reasonable
attorneys’ fees and costs (“Claims”), incurred in connection with or arising directly or indirectly out of or in any way connected with (i) Buyer’s due diligence inspections of the Property, or (ii) any act or omission
by Buyer or Buyer’s Agents in connection with such due diligence inspections; provided, however, that Buyer shall not be liable to Seller under the foregoing indemnity for any Claims arising as a result of the mere discovery by Buyer of a
pre-existing condition in or on the Property (but Buyer shall be responsible for any exacerbation of a pre-existing condition resulting from Buyer’s activities) or for Claims to the extent resulting from the gross negligence or intentional
misconduct of Seller. This indemnity shall survive the termination or expiration of this Agreement for a period of one (1) year. 
 (h)
Buyer previously has been provided with a Preliminary Report (the “Preliminary Report”) covering the Real Property from the Title Company (defined below) and with copies of the underlying recorded documents shown as exceptions in the
Preliminary Report. Buyer may, by giving notice to Seller on or before the end of the Property Approval Period, object to any title exception in the Preliminary Report. Buyer shall be deemed to have approved title to the Property as shown in the
Preliminary Report unless Buyer objects to any title exception in accordance with this section 1.2. If Buyer makes any such objection, Seller may, by giving notice to Buyer within five (5) business days after Seller’s receipt of
Buyer’s objection notice, elect either to remove such objection or not to remove such objection; provided, however, that Seller shall be obligated to remove any mortgages to which Buyer objects in accordance with this section 1.2(h). Seller
shall be deemed to have elected not to remove any such objection unless Seller elects or is obligated to remove any such objection in accordance with this section 1.2. If Seller elects or is obligated to remove any such objection, Seller shall
remove the title exception in question on or before the Closing Date. If Seller elects (or is deemed to have elected) not to remove any such objection, Buyer shall have the right, by giving notice to Seller within three (3) business days after
Buyer’s receipt of Seller’s election notice (or the expiration of Seller’s five-day response period if Seller does not respond), either to terminate this Agreement and receive a refund of the Deposits or to withdraw such objection and
accept title to the Property subject to the title exception in question. If Buyer does not exercise the right to terminate this Agreement in accordance with this section 1.2, Buyer shall be deemed to have approved title to the Property subject to
the exception in question and withdrawn such objection. 
 ARTICLE 2 
 Purchase Price 
 2.1 Amount and Payment. The total purchase price for the
Property (the “Purchase Price”) shall be thirty-four million seven hundred thousand dollars ($34,700,000). At the Closing on the Closing Date, Buyer shall pay the total Purchase Price for the Property to Seller in cash in immediately
available funds, subject to adjustments as provided in sections 8.3 through 8.5. Buyer shall deposit the Purchase Price, less the Deposits and subject to adjustments as provided in sections 8.3 through 8.5, into escrow with the Title Company at
least one (1) business day prior to Closing. 
  

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 2.2 Deposits. Prior to the date of this Agreement, Buyer has deposited three hundred thousand
dollars ($300,000) (together with all interest earned thereon, the “First Deposit”) in Escrow with First American Title Company (the “Title Company”). Within one (1) business day after the full execution of this Agreement,
Buyer shall deposit the additional sum of one hundred thousand dollars ($100,000) (together with all interest earned thereon, the “Second Deposit”) in cash in immediately available funds in escrow with the Title Company. If Buyer elects to
proceed with the purchase of the Property by delivering written notice to Seller prior to the expiration of the Property Approval Period in accordance with section 1.2 above, then Buyer shall, within one (1) business day after the end of the
Property Approval Period, provide a deposit of six hundred thousand dollars ($600,000) (together with all interest earned thereon, the “Third Deposit”). The First Deposit, Second Deposit, and Third Deposit are collectively referred to
herein as the “Deposits.” The Deposits shall be held by the Title Company in an interest-bearing account designated in writing by Buyer and approved in writing by Seller. If Seller and Buyer complete the purchase and sale of the Property
in accordance with this Agreement, the Deposits shall be applied to payment of the total purchase price for the Property in accordance with section 2.1 hereof. If the purchase and sale of the Property is not completed and this Agreement terminates
for any reason other than a default by Buyer under or a breach by Buyer of this Agreement, then the Deposits shall be returned to Buyer upon such termination of this Agreement. 
 2.3 Liquidated Damages. SELLER AND BUYER AGREE THAT, IF THE PURCHASE AND SALE OF THE PROPERTY IS NOT COMPLETED IN ACCORDANCE WITH THIS AGREEMENT
AND THIS AGREEMENT TERMINATES BECAUSE BUYER DEFAULTS UNDER OR BREACHES THIS AGREEMENT, THEN THE DEPOSITS (TO THE EXTENT ACTUALLY FUNDED) SHALL BE PAID TO SELLER UPON TERMINATION OF THIS AGREEMENT, AND SUCH DEPOSITS SHALL BE RETAINED BY SELLER AS
LIQUIDATED DAMAGES AND AS SELLER’S SOLE AND EXCLUSIVE REMEDY AT LAW OR IN EQUITY, OTHER THAN SELLER’S RIGHTS UNDER SECTION 9.2 HEREOF AND UNDER ANY INDEMNIFICATION PROVISIONS THAT SURVIVE CLOSING. SELLER AND BUYER AGREE THAT, UNDER THE
CIRCUMSTANCES EXISTING AS OF THE DATE OF THIS AGREEMENT, ACTUAL DAMAGES MAY BE DIFFICULT TO ASCERTAIN AND THE DEPOSITS ARE A REASONABLE ESTIMATE OF THE DAMAGES THAT WILL BE INCURRED BY SELLER IF BUYER DEFAULTS UNDER OR BREACHES THIS AGREEMENT AND
FAILS TO PURCHASE THE PROPERTY IN ACCORDANCE WITH THIS AGREEMENT. THE PAYMENT OF THE DEPOSITS TO SELLER AS LIQUIDATED DAMAGES UNDER THE CIRCUMSTANCES PROVIDED FOR HEREIN IS NOT INTENDED AS A FORFEITURE OR PENALTY WITHIN THE MEANING OF SECTIONS 3275
OR 3369 OF THE CALIFORNIA CIVIL CODE, BUT IS INTENDED TO CONSTITUTE LIQUIDATED DAMAGES TO SELLER PURSUANT TO SECTIONS 1671, 1676 AND 1677 OF THE CALIFORNIA CIVIL CODE. BY SIGNING BELOW, EACH PARTY SPECIFICALLY CONFIRMS THE ACCURACY OF THE STATEMENTS
MADE ABOVE, THE REASONABLENESS OF THE AMOUNT OF LIQUIDATED DAMAGES AGREED UPON, AND THE FACT THAT EACH PARTY WAS REPRESENTED BY COUNSEL WHO EXPLAINED, AT THE TIME THIS AGREEMENT WAS MADE, THE CONSEQUENCES OF THIS LIQUIDATED DAMAGES PROVISION.

  

													
	 SELLER’S INITIALS:
	 	

	 		 	 BUYER’S INITIALS:
	 	

  

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 ARTICLE 3 
 Completion of Sale 
 3.1 Place and Date. The purchase and sale of the Property shall be
completed in accordance with Article 8 hereof (the “Closing”). The Closing shall occur through escrow No. NCS-229085-SC with the Title Company at 1737 North First Street, Suite 100, San Jose, California 95112, on June 28, 2006 (the
“Closing Date”), or at such other place or on such other date as Seller and Buyer agree in writing; provided, however, that Seller shall have the right to close on an earlier date, but in no event earlier than June 16, 2006, by giving
Buyer at least ten (10) business days prior written notice of such election and specifying the new Closing Date. Prior to the Closing Date, Seller and Buyer each shall give appropriate written escrow instructions, consistent with this
Agreement, to the Title Company for the Closing in accordance with this Agreement. 
 ARTICLE 4 
 Title and Condition 
 4.1 Title to
the Property. Seller shall convey to Buyer good and marketable fee title to the Real Property, by a duly executed and acknowledged Grant Deed (the “Deed”) in the form of Exhibit E attached hereto, free and clear of liens, encumbrances,
leases, easements, restrictions, rights, covenants and conditions, except the following (the “Permitted Exceptions”): (a) the matters shown as exceptions in the Preliminary Report and approved (or deemed to be approved) by Buyer
pursuant to section 1.2 hereof, (b) the rights of Tenants under the Leases, (c) matters shown by a correct survey of the Property or a physical inspection of the Property, and (d) any other matters created, permitted or approved by
Buyer. 
 4.2 Leases. Seller shall assign good title to Seller’s interest in the Leases to Buyer, by a duly executed Assignment
of Leases (the “Assignment of Leases”) in the form of Exhibit F attached hereto, free and clear of liens, encumbrances, security interests and adverse claims. 
 4.3 Personal Property. Seller shall transfer good title to the Personal Property to Buyer, by a duly executed Bill of Sale (the “Bill of Sale”) in the form of Exhibit G attached hereto, free and clear
of liens, encumbrances, security interests and adverse claims. 
 4.4 Contracts. Seller shall assign good title to Seller’s
interest in the Contracts to Buyer, by a duly executed Assignment of Contracts (the “Assignment of Contracts”) in the form of Exhibit H attached hereto, free and clear of liens, encumbrances, security interests and adverse claims.

 4.5 Permits. Seller shall assign good title to the Permits to Buyer, by a duly executed Assignment of Permits (the “Assignment
of Permits”) in the form of Exhibit I attached hereto, free and clear of liens, encumbrances, security interests and adverse claims. 
 4.6 Acceptance of Title. Buyer’s acceptance of the Deed from Seller for the Real Property at the Closing on the Closing Date and the issuance of the Title Policy (defined below) to Buyer by the Title Company on the Closing Date
shall conclusively establish that Seller 

  

 6 

 
conveyed the Property to Buyer as required by this Agreement and shall discharge in full Seller’s obligations under section 4.1 hereof with respect to
title to the Real Property. 
 4.7 “AS IS” Sale. 
 (a) Prior to the date hereof or during the Property Approval Period: 
 (i) Buyer has or will have conducted all such inspections, investigations, tests, analyses, appraisals and evaluations of the Property
(including for Hazardous Materials, as defined below) as Buyer considers necessary or appropriate (all of such inspections, investigations and reports being herein collectively called the “Investigations”); and 
 (ii) Seller has or will have made available to Buyer, and otherwise allowed Buyer access to, copies of the Seller Diligence Documents.

 (b) Buyer has or will have reviewed, examined, evaluated and verified all Documents and the results of the Investigations to the extent it
deems necessary or appropriate with the assistance of such experts as Buyer deemed appropriate. Buyer: 
 (i) is or will be
familiar with the physical condition of the Property; 
 (ii) has or will have completed its due diligence with respect to the
Property and the Seller Diligence Documents to its satisfaction; 
 (iii) is or will be acquiring the Property based
exclusively upon its own investigations and inspections of the Property and the Seller Diligence Documents; 
 (iv) is
experienced in the acquisition of real property similar to the Real Property; 
 (v) has and will have been represented by
advisors and consultants (including counsel) of its choice in the transaction contemplated by this Agreement; and 
 (vi)
recognizes the risks of acquiring and owning the Property and that an allocation of risk is intended by this Agreement. 
 (c) THE PROPERTY
IS BEING SOLD, AND BUYER IS ACCEPTING POSSESSION OF THE PROPERTY ON THE CLOSING DATE, “AS IS, WHERE IS, WITH ALL FAULTS,” WITH NO RIGHT OF SETOFF OR REDUCTION IN THE PURCHASE PRICE EXCEPT FOR (a) SELLER’S REPRESENTATIONS AND
WARRANTIES SET FORTH IN SECTION 5.1 OF THIS AGREEMENT THAT SURVIVE THE CLOSING AND (b) THE LIMITED WARRANTY OF TITLE TO BE GIVEN IN THE DEED (HEREIN COLLECTIVELY CALLED THE “SELLER’S WARRANTIES”). NONE OF SELLER, ITS COUNSEL OR
BROKERS, NOR ANY PARTNER, MEMBER, OFFICER, DIRECTOR, EMPLOYEE, AGENT OR ATTORNEY OF SELLER, ITS COUNSEL OR BROKER NOR ANY OTHER PARTY RELATED IN ANY WAY TO ANY OF THE FOREGOING (ALL OF WHICH PARTIES ARE HEREIN COLLECTIVELY CALLED THE “SELLER
PARTIES”) HAVE OR SHALL BE DEEMED TO HAVE MADE ANY VERBAL OR WRITTEN 

  

 7 

 
REPRESENTATIONS, WARRANTIES, PROMISES OR GUARANTEES (WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE) TO BUYER WITH RESPECT TO THE PROPERTY, ANY MATTER SET
FORTH, CONTAINED OR ADDRESSED IN THE DOCUMENTS RELATING TO THE PROPERTY (INCLUDING, BUT NOT LIMITED TO, THE ACCURACY AND COMPLETENESS THEREOF) OR THE RESULTS OF BUYER’S INVESTIGATIONS OF THE PROPERTY, EXCEPT FOR THE SELLER’S WARRANTIES.

 (d) BUYER HAS OR WILL HAVE HAD THE OPPORTUNITY TO CONDUCT TESTS AND INSPECTIONS TO CONFIRM INDEPENDENTLY ALL INFORMATION THAT BUYER
CONSIDERS MATERIAL TO ITS PURCHASE OF THE PROPERTY OR THE TRANSACTION CONTEMPLATED BY THIS AGREEMENT. EXCEPT FOR SELLER’S WARRANTIES, BUYER IS NOT RELYING ON (AND SELLER AND EACH OF THE OTHER SELLER PARTIES DOES HEREBY DISCLAIM AND
RENOUNCE) ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE WHATSOEVER, WHETHER ORAL OR WRITTEN, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, FROM SELLER OR ANY OTHER SELLER PARTY, AS TO: (i) THE OPERATION OF THE PROPERTY OR THE INCOME
POTENTIAL, USES, OR MERCHANTABILITY OR FITNESS OR ANY PORTION OF THE PROPERTY FOR A PARTICULAR PURPOSE; (ii) THE PHYSICAL CONDITION WHETHER VISIBLE OR NOT, OF THE PROPERTY OR THE CONDITION OR SAFETY OF THE PROPERTY OR ANY IMPROVEMENTS THEREON,
INCLUDING, BUT NOT LIMITED TO, PLUMBING, SEWER, HEATING, VENTILATING AND AIR CONDITIONING, LIFE SAFETY, BUILDING MANAGEMENT, VERTICAL TRANSPORTATION, AND ELECTRICAL SYSTEMS, ROOFING, AIR CONDITIONING, FOUNDATIONS, SOILS AND GEOLOGY, INCLUDING
HAZARDOUS MATERIALS, LOT SIZE, OR SUITABILITY OF THE PROPERTY OR ANY IMPROVEMENTS THEREON FOR A PARTICULAR PURPOSE; (iii) THE PRESENCE OR ABSENCE, LOCATION OR SCOPE OF ANY HAZARDOUS MATERIALS IN, AT, OR UNDER THE PROPERTY; (iv) WHETHER THE
APPLIANCES, IF ANY, PLUMBING OR UTILITIES ARE IN WORKING ORDER; (v) THE HABITABILITY OR SUITABILITY FOR OCCUPANCY OF ANY STRUCTURE AND THE QUALITY OF ITS CONSTRUCTION; (vi) WHETHER THE IMPROVEMENTS ARE STRUCTURALLY SOUND, IN GOOD
CONDITION, OR IN COMPLIANCE WITH APPLICABLE MUNICIPAL, COUNTY, STATE OR FEDERAL STATUTES, CODES OR ORDINANCES, INCLUDING ZONING LAWS; (vii) THE ACCURACY OF ANY STATEMENTS, CALCULATIONS OR CONDITIONS STATED OR SET FORTH IN SELLER’S BOOKS
AND RECORDS CONCERNING THE PROPERTY OR SET FORTH IN ANY OF SELLER’S OFFERING MATERIALS WITH RESPECT TO THE PROPERTY; (viii) THE DIMENSIONS OF THE PROPERTY OR THE ACCURACY OF ANY FLOOR PLANS, SQUARE FOOTAGE, LEASE ABSTRACTS, SKETCHES,
REVENUE OR EXPENSE PROJECTIONS RELATED TO THE PROPERTY; (ix) THE OPERATING PERFORMANCE, THE INCOME AND EXPENSES OF THE PROPERTY OR THE ECONOMIC STATUS OF THE PROPERTY; (x) THE ABILITY OF BUYER TO OBTAIN ANY AND ALL NECESSARY GOVERNMENTAL
APPROVALS OR PERMITS FOR BUYER’S INTENDED USE AND DEVELOPMENT OF THE PROPERTY OR ANY OF THE DOCUMENTS; (xi) THE LEASING STATUS OF THE PROPERTY OR THE INTENTIONS OF ANY PARTIES WITH RESPECT TO THE NEGOTIATION AND/OR EXECUTION OF ANY LEASE
FOR ANY PORTION OF THE PROPERTY; AND (xii) SELLER’S OWNERSHIP OF ANY PORTION OF THE PROPERTY. 
  

 8 

 (e) BUYER, FOR BUYER AND BUYER’S SUCCESSORS AND ASSIGNS, HEREBY RELEASES SELLER AND SELLER PARTIES,
AND THEIR SUCCESSORS AND ASSIGNS FROM, AND WAIVES ALL CLAIMS AND LIABILITY, INCLUDING ENVIRONMENTAL LIABILITY (DEFINED BELOW), AGAINST SELLER AND SELLER PARTIES, AND THEIR SUCCESSORS AND ASSIGNS FOR OR ATTRIBUTABLE TO THE FOLLOWING: 
 (i) ANY AND ALL STATEMENTS OR OPINIONS HERETOFORE OR HEREAFTER MADE, OR INFORMATION FURNISHED, BY THEM TO BUYER OR ITS AGENTS OR
REPRESENTATIVES, EXCEPT FOR SELLER’S WARRANTIES; AND 
 (ii) ANY STRUCTURAL, PHYSICAL OR ENVIRONMENTAL CONDITION AT THE
PROPERTY, INCLUDING, WITHOUT LIMITATION, CLAIMS OR LIABILITIES RELATING TO THE PRESENCE, DISCOVERY OR REMOVAL OF ANY HAZARDOUS MATERIALS IN, AT, ABOUT OR UNDER THE PROPERTY, OR FOR, CONNECTED WITH OR ARISING OUT OF ANY AND ALL CLAIMS OR CAUSES OF
ACTION BASED UPON ENVIRONMENTAL LAW. 
 (f) AFTER CLOSING, AS BETWEEN BUYER AND SELLER, THE RISK OF LIABILITY OR EXPENSE FOR ENVIRONMENTAL
LIABILITIES, EVEN IF ARISING FROM EVENTS BEFORE CLOSING, WILL BE THE SOLE RESPONSIBILITY OF BUYER, REGARDLESS OF WHETHER THE ENVIRONMENTAL LIABILITIES WERE KNOWN OR UNKNOWN AT CLOSING. NOTWITHSTANDING THE FOREGOING, BUYER SHALL NOT ASSUME ANY
LIABILITY SELLER MAY HAVE TO THIRD PARTIES FOR ENVIRONMENTAL LIABILITIES. 
 (g) As used herein “Environmental Law” means any
international, federal, state, local or foreign statute, law, ordinance, regulation, rule, code, order, consent decree or judgment, in each case in existence as of the Closing Date, relating to pollution or protection of the environment, including
those listed in Section 4.7(f) above. As used herein “Environment Liability” means any claim, demand, order, suit, obligation, liability, cost (including, without limitation, the cost of any investigation, testing, compliance or
remedial action), consequential damages, loss or expense (including attorneys’ and consultants’ fees and expenses) arising out of, relating to or resulting from any Environmental Law or environmental, health or safety matter or condition,
including natural resources, and related in any way to the Property or to this Agreement or its subject matter, in each case, whether arising or incurred before, on or after the Closing Date. As used herein “Hazardous Materials” means
(i) any petroleum, petroleum products, by-products or breakdown products, radioactive materials, asbestos-containing materials or polychlorinated biphenyls or (ii) any chemical, material or substance defined or regulated as toxic or
hazardous or as a pollutant, contaminant or waste under any Environmental Law. 
 (h) This section 4.7 shall survive the Closing. 

 

 9 

 4.8 Buyer’s Release. Without limiting the foregoing, Buyer hereby specifically waives with
respect to matters covered by Section 4.7, the provisions of California Civil Code Section 1542, which provides: 
 “A general
release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.” 
 Buyer hereby acknowledges that Buyer has carefully reviewed this subsection and discussed its impact with legal counsel, and that the provisions of this subsection are a
material part of this Agreement. 
  

	
	
	

	 Buyer’s Initials

 ARTICLE 5 
 Representations and Warranties 
 5.1 Seller. The representations and warranties of Seller in
this section 5.1 and in Seller’s Closing Certificate (as hereinafter defined) are a material inducement for Buyer to enter into this Agreement. Buyer would not purchase the Property from Seller without such representations and warranties of
Seller. Such representations and warranties shall survive the Closing for only nine (9) months after the Closing Date, at which time such representations and warranties shall terminate. Seller represents and warrants to Buyer as of the date of
this Agreement as follows: 
 (a) Seller is a limited liability company duly formed, validly existing and in good standing under the laws of
the State of Delaware. Seller is qualified to do business and is in good standing in California. Seller has full power and authority to enter into this Agreement and to perform this Agreement. The execution, delivery and performance of this
Agreement by Seller have been duly and validly authorized by all necessary action on the part of Seller, and all required consents or approvals have been duly obtained. This Agreement is a legal, valid and binding obligation of Seller, enforceable
against Seller in accordance with its terms, subject to the effect of applicable bankruptcy, insolvency, reorganization, arrangement, moratorium or other similar laws affecting the rights of creditors generally. 
 (b) The Leases are accurately described in the Lease List. The Leases have not been amended or modified by Seller except as shown in the Lease List. The
security deposits held by Seller under the Leases are correctly set forth in Exhibit J attached hereto. Seller has not received written notice that it is materially in default in the performance of any material covenant to be performed by the
landlord under the Leases or that any tenant has any material claims or offsets against Seller pursuant to the Leases. To Seller’s knowledge, Seller has provided Buyer with complete copies of the Leases. Except as disclosed on Schedule 5.1:
Seller has paid all tenant improvement costs, leasing commissions and other leasing costs applicable to the current term and space covered by the Leases; and, except as set forth in the Leases, no such costs are payable by the landlord in connection
with any renewal or expansion after the Closing. 
 (c) To Seller’s knowledge, no underground storage tanks of any kind are located in,
on or under the Real Property. Except as disclosed in the Environmental Reports, to Seller’s knowledge, neither Seller nor the Property currently is in violation of any Environmental Laws. 
  

 10 

 (d) To Seller’s knowledge, Seller has received no written notice that there is any litigation,
arbitration or other legal or administrative suit, action or proceeding pending against Seller relating to the Real Property or any part thereof that would materially affect the value of the Real Property. To Seller’s knowledge, Seller has
received no written notice that there is any general plan, land use or zoning action or proceeding, or general or special assessment action or proceeding, or condemnation or eminent domain action or proceeding pending with respect to the Real
Property or any part thereof. 
 (e) To Seller’s knowledge, all water, sewer, gas, electric, steam, telephone and drainage facilities
and all other utilities required by law or reasonably necessary for the operation, use and occupancy of the Real Property are installed to the boundary lines of the Real Property and are adequate to service the Real Property. 
 (f) Seller is not a “foreign person” as defined in section 1445 of the Internal Revenue Code of 1986, as amended, and the Income Tax
Regulations thereunder. 
 (g) Except for Cornish & Carey (“Broker”), Seller has not dealt with any real estate broker or
finder in connection with the sale of the Property to Buyer or this Agreement. 
 (h) To Seller’s knowledge, the Seller Diligence
Documents are true and complete. 
 (i) Seller does not have any employees. 
 As used hereon, “to Seller’s knowledge,” “to the knowledge of Seller” and similar phrases shall mean to the current actual knowledge of Rajiv
Patel and Julie Herman, only, without investigation. 
 5.2 Buyer. The representations and warranties of Buyer in this section 5.2 and
in Buyer’s Closing Certificate (as hereinafter defined) are a material inducement for Seller to enter into this Agreement. Seller would not sell the Property to Buyer without such representations and warranties of Buyer. Such representations
and warranties shall survive the Closing for only nine (9) months after the Closing Date, at which time such representations and warranties shall terminate. Buyer represents and warrants to Seller as of the date of this Agreement as follows:

 (a) Buyer is a limited liability company duly formed and validly existing under the laws of the State of Delaware. Buyer is duly qualified
to do business and is in good standing in the State of California. Buyer has full power and authority to enter into this Agreement and to perform this Agreement. The execution, delivery and performance of this Agreement by Buyer have been duly and
validly authorized by all necessary action on the part of Buyer and all required consents or approvals have been duly obtained. This Agreement is a legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with its terms,
subject to the effect of applicable bankruptcy, insolvency, reorganization, arrangement, moratorium or other similar laws affecting the rights of creditors generally. 
 (b) Except for Broker, Buyer has not dealt with any real estate broker or finder in connection with the purchase of the Property from Seller or this Agreement. 
  

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 ARTICLE 6 
 Covenants 
 6.1 Seller. Seller covenants and agrees with Buyer as follows: 
 (a) In connection with section 7.2(b), at the Closing on the Closing Date, Seller shall execute and deliver to Buyer a Seller’s Closing Certificate
(“Seller’s Closing Certificate”) in the form of Exhibit K attached hereto, certifying to Buyer that all such representations and warranties are true and correct on and as of the Closing Date, with only such exceptions therein as are
necessary to reflect facts or circumstances arising between the date of this Agreement and the Closing Date that would make any such representation or warranty untrue or incorrect on and as of the Closing Date. 
 (b) Between the date of this Agreement and the Closing Date, Seller shall not execute any additional lease affecting the Real Property or amend, modify,
renew, extend or terminate any of the Leases, the Contracts or the Permits in any material respect without the prior approval of Buyer, which approval shall not be unreasonably withheld prior to the end of the Property Approval Period, but may be
withheld in Buyer’s sole discretion thereafter, unless Seller is obligated to take such action under the terms of any such Lease, Contract or Permit and except for Contracts that can be terminated without penalty on no more than thirty
(30) days’ prior notice; provided, however, that Buyer’s consent shall be deemed given to any of the foregoing if Seller does not receive from Buyer its written approval or disapproval, as the case may be, of any such lease,
amendment, modification, renewal, extension or termination, as applicable, within three (3) business days after Buyer has received from Seller a request for written approval of the same, together with a schedule listing the tenant improvement
costs, leasing commissions and other costs, if any, associated therewith. If Buyer timely disapproves, Seller shall not enter into the applicable document. Buyer shall be responsible for all tenant improvement costs, leasing commissions and other
costs associated with any new leases entered into between the date of this Agreement and the Closing Date in accordance with this section 6.1(b). Between the date of this Agreement and the Closing Date, Seller shall manage, operate, maintain and
repair the Real Property and the Personal Property in the ordinary course of business in accordance with sound property management practice, keep the Real Property and the Personal Property in good repair and working order and sound condition,
promptly give Buyer copies of written notices received by Seller asserting any material breach or default under the Leases or the Contracts or any material violation of the Permits or any covenants, conditions, restrictions, laws, statutes, rules,
regulations or ordinances applicable to the Real Property or the Personal Property, and perform when due Seller’s obligations under the Leases, the Contracts and the Permits in accordance with the Leases, the Contracts and the Permits and all
applicable laws. Between the date of this Agreement and the Closing Date, Seller shall keep or cause to be kept in force property insurance covering all buildings, structures, improvements, machinery, fixtures and equipment included in the Real
Property insuring against risks of physical loss or damage, subject to standard exclusions, with such policy limits as Seller determines is prudent in the exercise of sound property management practices. 
 (c) Seller shall indemnify and defend Buyer against and hold Buyer harmless from all claims, demands, liabilities, losses, damages, costs and expenses,
including reasonable attorneys’ 

  

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fees and disbursements, that may be suffered or incurred by Buyer if any representation or warranty made by Seller in section 5.1 hereof or in Seller’s
Closing Certificate was untrue or incorrect in any respect when made or that may be caused by any breach by Seller of any such representation or warranty. Notwithstanding the foregoing, Buyer shall not have the right to enforce any claim, nor shall
Seller be liable in any way to Buyer, for a breach of a representation or warranty of Seller if the breach in question results from or is based on a condition, state of facts or other matter of which Buyer had actual knowledge prior to Closing.
Furthermore, Seller shall have no liability to Buyer for a breach of any representation or warranty made by Seller under section 5.1 hereof or in Seller’s Closing Certificate unless written notice containing a description of the specific nature
of such breach has been given by Buyer to Seller and Buyer shall have commenced an action against Seller with respect to such breach prior to the nine-month anniversary of the Closing Date and the amount of damage suffered by Buyer as a result of
such breach is at least twenty-five thousand dollars ($25,000); and provided, however, in no event shall Seller’s liability with respect to the breach of Seller’s representations or warranties hereunder exceed one million dollars
($1,000,000) in the aggregate. 
 (d) In connection with section 7.2(d), Seller shall use reasonable efforts to obtain an Estoppel
Certificate (the “Estoppel Certificate”) substantially in the form of Exhibit L attached hereto executed by each Tenant under the Leases and to deliver such Estoppel Certificate to Buyer before the Closing Date. Seller shall cooperate in
good faith with Buyer to obtain a subordination, non-disturbance and attornment agreement (“SNDA”) from Safenet (the “Major Tenant”); provided, however, that Buyer’s receipt of such SNDA shall not be a condition to
Buyer’s obligation to close. 
 (e) If the purchase and sale of the Property is completed in accordance with this Agreement, Seller
shall pay the commission due Broker in accordance with the separate written agreement between Seller and Broker. 
 (f) Seller shall deliver
a current rent roll to Buyer at least three (3) business days prior to the Closing Date. 
 6.2 Buyer. Buyer covenants and agrees
with Seller as follows: 
 (a) At the Closing on the Closing Date, Buyer shall execute and deliver to Seller a Buyer’s Closing
Certificate (“Buyer’s Closing Certificate”) in the form of Exhibit M attached hereto, certifying to Seller that all such representations and warranties are true and correct on and as of the Closing Date, with only such exceptions
therein as are necessary to reflect facts or circumstances arising between the date of this Agreement and the Closing Date that would make any such representation or warranty untrue or incorrect on and as of the Closing Date. 
 (b) Buyer shall indemnify and defend Seller against and hold Seller harmless from all claims, demands, liabilities, losses, damages, costs and expenses,
including reasonable attorneys’ fees and disbursements, that may be suffered or incurred by Seller if any representation or warranty made by Buyer in section 5.2 hereof or in Buyer’s Closing Certificate was untrue or incorrect in any
respect when made or that may be caused by any breach by Buyer of any such representation or warranty. Notwithstanding the foregoing, Seller shall not have the right to enforce any claim, nor shall Buyer be liable in any way to Seller, for a breach
of a representation or warranty of Buyer if the breach in question results from or is based on a condition, state of 

  

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facts or other matter of which Seller had actual knowledge prior to Closing. Furthermore, Buyer shall have no liability to Seller for a breach of any
representation or warranty made by Buyer under section 5.2 hereof or in Buyer’s Closing Certificate unless written notice containing a description of the specific nature of such breach has been given by Seller to Buyer and Seller shall have
commenced an action against Buyer with respect to such breach prior to the nine-month anniversary of the Closing Date. 
 6.3 Casualty
Damage. If, before the Closing Date, the improvements on the Property are damaged by any insured casualty and the cost to restore such improvements, as reasonably determined by Buyer and Seller, is more than one million two hundred thousand
dollars ($1,200,000), Buyer shall have the right, by giving notice to Seller within seven (7) days after Seller gives notice of the occurrence of such casualty to Buyer, to terminate this Agreement, in which event this Agreement shall
terminate. If, before the Closing Date, the improvements on the Property are damaged by any casualty not covered by insurance and the cost to restore such improvements, as reasonably determined by Seller and Buyer, is more than four hundred thousand
dollars ($400,000), Seller and Buyer each shall have the right, by giving notice to the other within seven (7) days after Seller gives notice of the occurrence of such casualty to Buyer, to terminate this Agreement, in which event this
Agreement shall terminate and the Deposits shall be returned to Buyer. If, before the Closing Date, the improvements on the Property are damaged by any insured casualty and the cost to restore such improvements, as reasonably determined by Buyer and
Seller, is one million two hundred thousand dollars ($1,200,000) or less, or the improvements on the Property are damaged by any casualty not covered by insurance and the cost to restore such improvements, as reasonably determined by Seller and
Buyer, is four hundred thousand dollars ($400,000) or less, or either Seller or Buyer has the right to terminate this Agreement pursuant to either of the preceding sentences but neither Seller nor Buyer exercises such right, then this Agreement
shall remain in full force and effect and, on the Closing Date, any insurance proceeds (or, if not theretofore received, the right to receive such proceeds) payable on account of the damage shall be transferred to Buyer and the amount of any
deductible under the insurance policy to the extent of the restoration cost as reasonably determined by Seller and Buyer (or, in the case of an uninsured casualty, the restoration cost as reasonably determined by Seller and Buyer) shall be a credit
to Buyer against the total purchase price for the Property. Seller shall give notice to Buyer reasonably promptly after the occurrence of any damage to the improvements on the Property by any casualty. Buyer and Seller acknowledge and agree that
Seller does not carry earthquake insurance, and, therefore, damage caused by an earthquake shall be deemed damage caused by a casualty not covered by insurance. If necessary, the Closing Date shall be postponed until Seller has given any notice to
Buyer required by this section 6.3 and the period of seven (7) days described in this section 6.3 has expired, and the restoration cost has been determined by Seller and Buyer. 
 6.4 Eminent Domain. If, before the Closing Date, proceedings are commenced for the taking by exercise of the power of eminent domain of all or a
material part of the Property that, as reasonably determined by Buyer, would render the Property unsuitable for Buyer’s intended use, Buyer shall have the right, by giving notice to Seller within seven (7) days after Seller gives notice of
the commencement of such proceedings to Buyer, to terminate this Agreement, in which event this Agreement shall terminate and the Deposits shall be returned to Buyer. If, before the Closing Date, proceedings are commenced for the taking by exercise
of the power of eminent domain of less than a material part of the Property, or if Buyer has the right to 

  

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terminate this Agreement pursuant to the preceding sentence but Buyer does not exercise such right, then this Agreement shall remain in full force and effect
and, on the Closing Date, the condemnation award (or, if not theretofore received, the right to receive such award) payable on account of the taking shall be transferred to Buyer. Seller shall give notice to Buyer reasonably promptly after
Seller’s receiving notice of the commencement of any proceedings for the taking by exercise of the power of eminent domain of all or any part of the Property. If necessary, the Closing Date shall be postponed until Seller has given any notice
to Buyer required by this section 6.4 and the period of seven (7) days described in this section 6.4 has expired. 
 ARTICLE 7

 Conditions Precedent 
 7.1 Seller. The obligations of Seller under this Agreement are subject to satisfaction of all of the conditions set forth in this section 7.1. Seller may waive any or all of such conditions in whole or in part but any such waiver
shall be effective only if made in writing. After the Closing, any such condition that has not been satisfied shall be treated as having been waived in writing. No such waiver shall constitute a waiver by Seller of any of its rights or remedies if
Buyer defaults in the performance of any covenant or agreement to be performed by Buyer under this Agreement or if Buyer breaches any representation or warranty made by Buyer in section 5.2 hereof or in Buyer’s Closing Certificate. If any
condition set forth in this section 7.1 is not fully satisfied or waived in writing by Seller, this Agreement shall terminate, but without releasing Buyer from liability if Buyer defaults in the performance of any such covenant or agreement to be
performed by Buyer or if Buyer breaches any such representation or warranty made by Buyer before such termination. 
 (a) On the Closing
Date, Buyer shall not be materially in default in the performance of any material covenant to be performed by Buyer under this Agreement. 
 (b) On the Closing Date, all representations and warranties made by Buyer in section 5.2 hereof shall be true and correct in all material respects as if made on and as of the Closing Date and Seller shall have received Buyer’s Closing
Certificate, executed by Buyer, in which Buyer certifies to Seller that all representations and warranties made by Buyer in section 5.2 hereof are true and correct on and as of the Closing Date, without material adverse exceptions. 
 (c) On the Closing Date, no judicial or administrative suit, action, investigation, inquiry or other proceeding by any person unaffiliated with, and not
acting on behalf of, Seller shall have been instituted against Seller that challenges the validity or legality of any of the transactions contemplated by this Agreement. 
 7.2 Buyer. The obligations of Buyer under this Agreement are subject to satisfaction of all of the conditions set forth in this section 7.2. Buyer may waive any or all of such conditions in whole or in part but
any such waiver shall be effective only if made in writing. After the Closing, any such condition that has not been satisfied shall be treated as having been waived in writing. No such waiver shall constitute a waiver by Buyer of any of its rights
or remedies if Seller defaults in the performance of any covenant or agreement to be performed by Seller under this Agreement or if Seller breaches any representation or warranty made by Seller 

  

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in section 5.1 hereof or in Seller’s Closing Certificate. If any condition set forth in this section 7.2 is not fully satisfied or waived in writing by
Buyer, this Agreement shall terminate, but without releasing Seller from liability if Seller defaults in the performance of any such covenant or agreement to be performed by Seller or if Seller breaches any such representation or warranty made by
Seller before such termination. 
 (a) On the Closing Date, Seller shall not be materially in default in the performance of any material
covenant to be performed by Seller under this Agreement. 
 (b) On the Closing Date, all representations and warranties made by Seller in
section 5.1 hereof shall be true and correct in all material respects as if made on and as of the Closing Date and Buyer shall have received Seller’s Closing Certificate, executed by Seller, in which Seller certifies to Buyer that all
representations and warranties made by Seller in section 5.1 hereof are true and correct on and as of the Closing Date, without material adverse exceptions. If Seller’s Closing Certificate does include any material adverse exceptions, Seller
shall have the right, but not the obligation, upon written notice to Buyer, to postpone the Closing Date for up to twenty (20) days and to take any action available to Seller that Seller deems appropriate to allow Seller to deliver
Seller’s Closing Certificate at Closing (as so postponed) without material adverse exception. If requested, Buyer shall cooperate in good faith with Seller in connection therewith. For purposes of this section 7.2(b), “material” shall
mean any matter that would result in damages of, or decrease the value of the Property by, five hundred thousand dollars ($500,000). 
 (c)
On the Closing Date, the Title Company shall be prepared to issue to Buyer an American Land Title Association Owner’s Policy of title insurance, with liability equal to the total purchase price for the Property, insuring Buyer that fee title to
the Property is vested in Buyer subject only to the Permitted Exceptions (the “Title Policy”). 
 (d) On the Closing Date, Buyer
shall have received an Estoppel Certificate substantially in the form of Exhibit L attached hereto, without material adverse exceptions and otherwise in accordance with the applicable Lease, executed by tenants occupying at least eighty percent
(80%) of the leased rentable square footage of the Property and which shall, in any event, include the Major Tenant (the “Estoppel Threshold”); provided, however, that if the Estoppel Threshold has not been met by the Closing Date,
then Seller shall have the right, but not the obligation, upon written notice to Buyer, to postpone the Closing Date for up to ten (10) days and to obtain additional estoppel certificates necessary to satisfy the Estoppel Threshold. In
addition, Seller shall have the right to provide a landlord’s estoppel for tenants, other than the Major Tenant, occupying up to twenty percent (20%) of the leased rentable square footage of the Property in substantially the same form as
the Estoppel Certificate attached hereto as Exhibit L, with appropriate knowledge qualifiers, in order to achieve the Estoppel Threshold, and otherwise in accordance with the applicable Lease. 
 (e) On the Closing Date, no judicial or administrative suit, action, investigation, inquiry or other proceeding by any person unaffiliated with, and not
acting on behalf of, Buyer shall have been instituted against Buyer that challenges the validity or legality of any of the transactions contemplated by this Agreement. 
  

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 ARTICLE 8 
 Closing 
 8.1 Procedure. Seller and Buyer shall cause the following to occur at the Closing on
the Closing Date: 
 (a) The Deed for the Property, duly executed and acknowledged by Seller and Buyer, shall be recorded in the Official
Records of the county in which the Property is located. 
 (b) Seller shall date as of the Closing Date, execute and deliver to Buyer
(i) the Assignment of Leases; (ii) the Bill of Sale, (iii) the Assignment of Contracts, (iv) the Assignment of Permits, (v) Seller’s Closing Certificate; (vi) a Certificate of Non-Foreign Status in accordance with
section 1445 of the Internal Revenue Code of 1986, as amended, and the Income Tax Regulations thereunder in the form of Exhibit N attached hereto; (vii) a California Form 593-C certifying that Seller has a permanent place of business in
California, is qualified to do business in California or is exempt from California withholding on other grounds set forth in such certification; (viii) a notice to each of the tenants under the Leases in the form of Exhibit P attached hereto;
and (ix) a notice to each of the third parties under the Contracts in the form of Exhibit Q attached hereto. 
 (c) Buyer shall date as
of the Closing Date, execute and deliver to Seller (i) the Assignment of Leases, (ii) the Assignment of Contracts, and (iii) Buyer’s Closing Certificate. 
 (d) Seller shall deliver to Buyer the originals of any letters of credit delivered by tenants as security under the leases (the “LCs”) in
Seller’s possession. Buyer acknowledges that the original LC for the Major Tenant currently is in the possession of the servicer of Seller’s existing mortgage encumbering the Property and such LC will not be released by the servicer until
after Closing. Seller shall cause the Major Tenant’s original LC to be delivered to Buyer as soon as reasonably possible after Closing. Furthermore, Seller shall use commercially reasonable efforts (at Seller’s cost, unless the applicable
tenants are obligated to pay such costs under their Leases) to assist Buyer in causing the LCs to be assigned to or re-issued in the name of Buyer at or immediately after Closing. After Closing and until such time as the LCs are assigned to or
re-issued in the name of Buyer, at the request of Buyer, Seller shall make for Buyer any draws under the LCs that the landlord is entitled to make under the terms of the applicable Leases and pay to Buyer any sums drawn by Seller thereunder;
provided, however, that Buyer shall indemnify Seller for any damage or claims resulting from improper draws Buyer directs Seller to make. The obligations of Buyer and Seller under this section 8.1(d) shall survive Closing. 
 (e) Buyer shall pay to Seller the Purchase Price for the Property in cash in immediately available funds in accordance with section 2.1 hereof.

 (f) The Title Company shall issue to Buyer the Title Policy. 
 8.2 Possession. Subject to the Leases, Seller shall transfer possession of the Property to Buyer on the Closing Date. Seller shall, on the Closing
Date, deliver to Buyer the Leases, Contracts, Permits, the Lease files and any other plans and specifications, certificates, licenses 

  

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and approvals relating to the Property in the possession of Seller, which shall become the property of Buyer on the Closing Date. On the Closing Date, Seller
shall send a letter to each Tenant notifying it that the Property has been sold to Buyer and directing such Tenant to pay future rent and other charges to Buyer at the address to be furnished by Buyer. 
 8.3 Closing Costs. Seller shall pay: the County documentary transfer tax in respect of the Grant Deed; the base (CLTA) premium (for standard
coverage) for the Title Policy only; and the escrow fee charged by the Title Company. Buyer shall pay: the extended coverage (ALTA) portion of the premium for the Title Policy, any endorsements to the Title Policy requested by Buyer or its lender,
any sales and/or use tax with respect to the Personal Property and the recording fee for the Deed. Each party shall pay its own attorneys’ fees. 
 8.4 Prorations. At least three (3) business days prior to Closing, Seller shall provide to Buyer a draft proration schedule and information and verification reasonably necessary to support such prorations
schedule. Buyer and Seller shall use best efforts to finalize as many items on such proration schedule as possible before Closing. The items in subparagraphs (a) through (d) of this section 8.4 shall be prorated between Seller and Buyer based
on the actual number of days in the applicable period, as of the end of the day immediately preceding the Closing Date, with Seller being entitled to income and obligated for expenses attributable to the period prior to the Closing Date, and Buyer
being entitled to the income and obligated for expenses attributable to the Closing Date and thereafter. 
 (a) The current installment of
real property taxes and assessments levied against the Property shall be prorated between Seller and Buyer as of the Closing Date on the basis of a thirty-day month. Buyer shall not be responsible for any supplemental taxes relating to the period
prior to the Closing Date, regardless of when such supplemental taxes are actually assessed. 
 (b) Buyer shall receive a credit for any rent
and other income (and any applicable state or local tax on rent) under the 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 any Tenant, unless such Tenant properly identify the payment as being for a specific item, first to such Tenant’s then current monthly rental, then to such Tenant’s
monthly rental for the month in which the Closing occurred and then to arrearages, if any, owed by such Tenant in the reverse order in which they were due, remitting to Seller, after deducting any actual out-of-pocket collection costs, any rent
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 Buyer after Closing that is owed to Seller shall be remitted to Seller promptly after receipt. Any rent or other income received by Seller after Closing that is owed to Buyer shall be remitted to
Buyer promptly after receipt. 
 (c) Seller or Buyer, as the case may be, shall receive a credit for regular charges under the Contracts paid
and applicable to Buyer’s period of ownership or payable and applicable to Seller’s period of ownership, respectively. 
  

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 (d) The adjustment for utility charges shall be made on the basis of the most recently issued bills
therefor, which are based on meter readings no earlier than thirty (30) days before the Closing Date. Such adjustment shall be reprorated when the next utility bills are received. 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. 
 (e) Buyer shall receive at Closing a
credit in the full amount of the tenant improvement allowance to which CSwitch Corporation (“CSwitch”) may be entitled under the Lease dated as of May 2, 2006, between Seller and CSwitch (the “CSwitch Lease”), in the amount
listed on Schedule 5.1 (the “CSwitch Allowance”), less any amounts paid by Seller prior to Closing with respect thereto. Buyer also shall receive at Closing a credit in the amount of the leasing commission due with respect to the CSwitch
Lease, in the amount listed on Schedule 5.1, less any amounts paid by Seller prior to Closing with respect thereto. At least three (3) business days prior to Closing, Seller shall provide to Buyer evidence reasonably satisfactory to Buyer that
any such payments have been made by Seller. CSwitch has the right to draw on the CSwitch Allowance only for certain costs and expenses as outlined in the CSwitch Lease, and CSwitch shall have no right to draw on the CSwitch Allowance after the sixth
(6th) month anniversary of the Commencement Date (as defined in the CSwitch Lease) of Suite C (as defined in the CSwitch Lease) (the “Cut-Off Date”). Buyer shall provide Seller with copies of all draw requests made by CSwitch under
the CSwitch Allowance promptly after such requests are made by CSwitch, and Buyer shall reimburse Seller for any portion of the CSwitch Allowance not drawn by CSwitch on or before the Cut-Off Date within ten (10) business days after the Cut-Off
Date. The obligations of Buyer and Seller under this section 8.4(e) shall survive Closing. 
 8.5 Tenant Reconciliations and Post-Closing
Adjustments. Within one hundred twenty (120) days after Closing, Buyer shall prepare and present to Seller for its review and approval, which approval or disapproval must be given within ten (10) business days after Seller’s
receipt or Seller will be deemed to have approved the calculation, a calculation of the proration of operating expense pass-throughs and other items, other than real estate taxes and assessments, payable under the Leases based upon the actual amount
of such items charged to or received by the parties for the preceding calendar year. The parties shall make the appropriate adjusting payment between them within thirty (30) days after presentment to Seller of Buyer’s calculation. Seller
may inspect Buyer’s books and records related to the Property to confirm the calculation. Either party shall be entitled to a post-Closing adjustment for any incorrect proration or adjustment. The obligations of Buyer and Seller under this
section 8.5 shall survive Closing. 
 8.6 Post-Closing Access. For a period of at least one (1) year after the Closing, upon
reasonable prior notice and during normal business hours, Buyer shall provide Seller and Seller’s designated accountants and auditors with access to the books and records of the Property and all similar information relating to the period prior
to the Closing Date. To the extent not previously delivered to Buyer, Seller shall provide, or cause to be provided, to Buyer and Dividend Capital copies of and shall grant Buyer and Dividend Capital access to, such factual information relating to
the Property (the “Disclosure Information”) that is reasonably requested by Buyer and Dividend Capital and is in Seller’s possession or control, to enable Dividend Capital to make the necessary filings as and when such filings with
the Securities and Exchange Commission (“SEC”) are required and to otherwise permit Dividend Capital to comply with laws applicable 

  

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to public companies, generally. To the extent Seller has possession of any Disclosure Information, Seller shall allow Dividend Capital’s auditor to
conduct such audits of the income statements of the Property for the year of Closing (to the date of Closing) and the two years prior to Closing and shall cooperate (at no cost to Seller) with Dividend Capital’s auditor in the conduct of such
audits. Seller shall have no obligation to assume any liability as a result of such cooperation, and Buyer acknowledges and agrees that all Disclosure Information delivered by Seller to Buyer, Dividend Capital and its auditor will be delivered as a
convenience only and that any reliance on or use of such Disclosure Information shall be at the sole risk of Buyer, Dividend Capital and its auditor. Buyer, on behalf of itself and Dividend Capital, acknowledges and agrees that none of Seller, any
affiliate of the Seller or the person or entity that prepared such Disclosure Information delivered to Buyer, Dividend Capital or its auditor shall have any liability to Buyer, Dividend Capital or it auditor for any inaccuracy in or omission from
any Disclosure Information. Buyer, on behalf of itself and Dividend Capital, acknowledges and agrees that Seller has owned the Property for approximately one (1) year, and Seller may or may not have any Disclosure Information relating to the
period prior to the date Seller acquired the Property. The obligations of Buyer and Seller under this section 8.6 shall survive Closing. 
 ARTICLE 9 
 General 
 9.1 Notices. All notices and other communications under this Agreement shall be properly given only if made in writing and mailed by certified mail, return receipt requested, postage prepaid, or delivered by
hand (including messenger or recognized delivery, courier or air express service), or by facsimile (if a copy of such notice also is sent the same day by hand delivery), to the party at the address set forth in this section 9.1 or such other address
as such party may designate by notice to the other party. Such notices and other communications shall be effective on the date of receipt. If any such notice or other communication is not received or cannot be delivered due to a change in the
address of the receiving party of which notice was not previously given to the sending party or due to a refusal to accept by the receiving party, such notice or other communication shall be effective on the date delivery is attempted. Any notice or
other communication under this Agreement may be given on behalf of a party by the attorney for such party. 
 (a) The address of Seller is
c/o Spear Street Capital, LLC, One Market Plaza, Steuart Tower, Suite 1010, San Francisco, California 94105, Attention: Mr. Rajiv Patel, email address: rpatel@spearstreetcapital.com, telephone number: (415) 222-7422, facsimile
number: (415) 856-0348, with a copy to Spear Street Capital, LLC, One Market Plaza, Steuart Tower, Suite 1010, San Francisco, California 94105, Attention: Mr. John S. Grassi, email address: jgrassi@spearstreetcapital.com,
telephone number: (415) 222-7421, facsimile number: (415) 856-0348, and with a copy to Pillsbury Winthrop, LLP, 2 Houston Center, 909 Fannin, 22nd Floor, Houston, Texas 77010, Attention: Laura E. Hannusch, Esq., email address:
laura.hannusch@pillsburylaw.com, telephone number: (713) 425-7321, facsimile number (281) 582-6304. The email addresses and phone numbers provided above are for informational purposes only and are not effective means of providing
notice under this Agreement. 
  

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 (b) The address of Buyer is c/o Westcore Properties, 235 Pine Street, Suite 1150, San Francisco,
California 94104, Attention: Mr. Neil Johnson, email address: njohnson@westcore.net, telephone number: (415) 391-8400, facsimile number: (415) 391-8406, with a copy to Westcore Properties AC, LLC, c/o Westcore
Properties, 4445 Eastgate Mall, Suite 210, San Diego, California 92121, Attention. Ms. Diane Robertson, email address: drobertson@westcore.net, telephone number: (858) 625-4100 ext. 223, facsimile number: (858) 678-0060, and a
copy to Real Estate Law Group, LLP, 2330 Marinship Way, Suite 211, Sausalito, California 94965, Attention: Bonnie Frank, email address: bfrank@relg.com, telephone number: (415) 331-2555, facsimile number: (415) 331-7272. The email addresses and
phone numbers provided above are for informational purposes only and are not effective means of providing notice under this Agreement. 
 9.2
Attorneys’ Fees. If there is any legal action or proceeding between Seller and Buyer arising from or based on this Agreement, the unsuccessful party to such action or proceeding shall pay to the prevailing party all costs and expenses,
including reasonable attorneys’ fees, incurred by such prevailing party in such action or proceeding and in any appeal in connection therewith. If such prevailing party recovers a judgment in any such action, proceeding or appeal, such costs,
expenses and attorneys’ fees shall be included in and as a part of such judgment. 
 9.3 Governing Law. This Agreement shall be
governed by and construed in accordance with the laws of the State of California. 
 9.4 Seller Default. If the Closing does not occur
solely by reason of Seller’s default in the performance of its duties and obligations under this Agreement, Buyer shall have the right, as its sole and exclusive remedy, in lieu of all other remedies which Buyer might otherwise have hereunder
at law or in equity, to either: (a) terminate this Agreement by written notice to Seller, in which event the Deposits shall be immediately returned to Buyer by the Title Company and Buyer shall be entitled to a reimbursement from Seller for
Buyer’s actual out-of-pocket third party due diligence costs and expenses, in an amount not to exceed fifty thousand dollars ($50,000); or (b) require specific performance of this Agreement, with there to be no offset or reduction in the
Purchase Price. Except as otherwise expressly provided in this section 9.4, Buyer shall have no further claims, rights or entitlements in the event of a default by Seller hereunder. 
 9.5 Construction. Seller and Buyer acknowledge that each party and its counsel have reviewed and revised this Agreement and that the rule of
construction to the effect that ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or any document executed and delivered by either party in connection with the transactions
contemplated by this Agreement. The captions in this Agreement are for convenience of reference only and shall not be used to interpret this Agreement. 
 9.6 Terms Generally. The defined terms in this Agreement shall apply equally to both the singular and the plural forms of the terms defined. Whenever the context may require, any pronoun shall include the
corresponding masculine, feminine and neuter forms. The term “person” includes individuals, corporations, partnerships, trusts, other legal entities, organizations and associations, and any government or governmental agency or authority.
The 

  

 21 

 
words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The
words “approval,” “consent” and “notice” shall be deemed to be preceded by the word “written.” 
 9.7
Further Assurances. From and after the date of this Agreement, Seller and Buyer agree to do such things, perform such acts, and make, execute, acknowledge and deliver such documents as may be reasonably necessary or proper and usual to
complete the transactions contemplated by this Agreement and to carry out the purpose of this Agreement in accordance with this Agreement. 
 9.8 Partial Invalidity. If any provision of this Agreement is determined by a proper court to be invalid, illegal or unenforceable, such invalidity, illegality or unenforceability shall not affect the other provisions of this
Agreement and this Agreement shall remain in full force and effect without such invalid, illegal or unenforceable provision. 
 9.9
Waivers. No waiver of any provision of this Agreement or any breach of this Agreement shall be effective unless such waiver is in writing and signed by the waiving party and any such waiver shall not be deemed a waiver of any other provision
of this Agreement or any other or subsequent breach of this Agreement. 
 9.10 Miscellaneous. The Exhibits attached to this Agreement
are made a part of this Agreement. Neither Seller nor Buyer shall make any public announcement of this Agreement or the transactions contemplated by this Agreement without the prior consent of the other, unless any such announcement is reasonably
necessary to comply with applicable law. Buyer shall not assign or transfer this Agreement, or any interest in or part of this Agreement, without the prior consent of Seller, which consent may be withheld in Seller’s sole and absolute
discretion; provided, however, that Buyer shall have the right, without Seller’s consent but with prior notice to Seller, to assign its rights and obligations under this Agreement to an entity in which Buyer or its affiliate and Dividend
Capital or its affiliate collectively own one hundred percent (100%) of the ownership interests. For purposes of the preceding sentence, “affiliate” shall mean an entity for which Buyer or Diversified Capital, as applicable, controls
the day-to-day decision making. No such assignment or transfer shall release Buyer from any obligation or liability under this Agreement. Subject to the foregoing, this Agreement shall benefit and bind Seller and Buyer and their respective personal
representatives, heirs, successors and assigns. Time is of the essence of this Agreement. This Agreement may be executed in counterparts, each of which shall be an original, but all of which shall constitute one and the same Agreement. This
Agreement may not be amended or modified except by a written agreement signed by Seller and Buyer. This Agreement constitutes the entire and integrated agreement between Seller and Buyer relating to the purchase and sale of the Property and
supersedes all prior agreements, understandings, offers and negotiations, oral or written, with respect to the sale of the Property. 
  

 22 

 IN WITNESS WHEREOF, Buyer and Seller have executed this Agreement as of the date first set forth above.

  

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	 By
	 	 /s/ John S. Grassi

	 Its
	 	 John S. Grassi

		 	 President

	
	 WESTCORE PROPERTIES AC, LLC,
 a Delaware limited liability company

		
	 By
	 	 /s/ Donald Ankeny

		
	 Its
	 	 President

  

 23 

 DESCRIPTION OF PROPERTY 
 All of the real property located in the City of Santa Clara, County of Santa Clara, State of California, described as follows: 
 PARCEL ONE: 
 ALL THAT PORTION OF
LAND DESCRIBED AS “PARCEL 1” IN THAT CERTAIN NOTICE OF LOT LINE ADJUSTMENT FILED FOR RECORD IN THE OFFICE OF THE RECORDER OF THE COUNTY OF SANTA CLARA ON AUGUST 11, 1998 UNDER RECORDER’S SERIES NO. 14328763, OFFICIAL RECORDS, AND
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
 THAT CERTAIN REAL PROPERTY SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF SANTA CLARA, CITY OF SANTA CLARA,
BEING ALL OF LOT 14, TRACT NO. 2971, AS SHOWN ON MAP FILED IN BOOK 253, PAGES 28 AND 29, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AND ALL OF PARCEL B, AS SHOWN ON THAT CERTAIN MAP ENTITLED, “PARCEL MAP LOTS 13,
24 & 25 TRACT #2971 CITY OF SANTA CLARA, CALIFORNIA FOR COLDWELL BANKER & CO.”, FILED IN BOOK 289 OF MAPS, AT PAGE 8, IN THE OFFICE OF SAID RECORDER, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: 
 BEGINNING AT THE SOUTHWESTERLY CORNER OF SAID PARCEL B; THENCE NORTHERLY ALONG THE NORTHWESTERLY BOUNDARY OF SAID PARCEL, NORTH 01° 00’ 10” EAST A DISTANCE
OF 600.00 FEET; THENCE SOUTH 88° 59’ 50” EAST A DISTANCE OF 546.06 FEET, THENCE SOUTH 00° 59’ 48” WEST A DISTANCE OF 300.00 FEET; THENCE NORTH 88° 59’ 50” WEST A DISTANCE OF 65.00 FEET; THENCE SOUTH 00°
59’ 48” WEST A DISTANCE OF 300.00 FEET; THENCE NORTH 88° 59’ 50” WEST A DISTANCE OF 481.12 FEET TO THE POINT OF BEGINNING. 
 PARCEL TWO: 
 AN EASEMENT FOR AN UNDERGROUND STORM DRAINAGE PIPELINE AND INCIDENTAL PURPOSES THERETO AS GRANTED IN
THAT CERTAIN GRANT OF STORM DRAINAGE EASEMENT, RECORDED FEBRUARY 27, 1998, UNDER RECORDER’S SERIES NO. 14075938, OFFICIAL RECORDS OVER THE FOLLOWING DESCRIBED PROPERTY: 
 A 15.00 FOOT WIDE STRIP OF LAND SITUATE IN THE CITY OF SANTA CLARA, COUNTY OF SANTA CLARA, STATE OF CALIFORNIA AND BEING A PORTION OF PARCEL “A”, AS SAID PARCEL IS SHOWN ON THAT CERTAIN PARCEL MAP FILED FOR
RECORD IN BOOK 288 OF MAPS AT PAGE 54, RECORDS OF SANTA CLARA COUNTY, THE WEST LINE OF SAID STRIP BEING DESCRIBED AS FOLLOWS: 
 BEGINNING AT POINT ON THE
WESTERLY LINE OF SAID PARCEL “A”, DISTANCE THEREON SOUTH 0° 59’ 48” WEST 10.55 FEET FROM THE MOST NORTHWESTERLY CORNER OF SAID PARCEL “A”, SAID POINT BEING ON SOUTHERLY LINE OF THAT 

  

 Exhibit A - 1 

 
10 FOOT STORM DRAIN EASEMENT, RECORDED IN BOOK 8230 AT PAGE 344, OFFICIAL RECORDS OF SANTA CLARA COUNTY; 
 THENCE ALONG SAID WESTERLY LINE OF SAID PARCEL “A”, SOUTH 0° 59’ 48” WEST 258.51 FEET TO A POINT ON SAID WESTERLY LINE DISTANT SOUTH 00°
59’ 48” WEST 7.50 FEET FROM THE NORTHEAST CORNER OF PARCEL 14, AS SAID PARCEL 14 IS SHOWN ON THE MAP OF TRACT NO. 2971, FILED FOR RECORD IN BOOK 253 OF MAPS AT PAGE 28, SANTA CLARA COUNTY RECORDS, SAID POINT BEING THE TERMINUS OF SAID
STRIP BEING DESCRIBED. 
 THE SIDELINES OF SAID 15.00 FOOT WIDE STRIP TO BE PROLONGED OR SHORTENED TO TERMINATE ON SAID SOUTHERLY LINE OF SAID 10 FOOT STORM
DRAIN EASEMENT. 
 APN: 224-09-177 
  

 Exhibit A - 2 

 LEASE LIST 
  

			
	TENANT:	  	CSwitch. Corporation, a Delaware corporation
	DATE OF LEASE:	  	July 16, 2004
	AMENDED:	  	None
	PREMISES:	  	3101 Jay Street, Santa Clara, California
	OTHER:	  	None
		
	TENANT:	  	CSwitch Corporation, a Delaware corporation
	DATE OF LEASE:	  	May 2, 2006
	AMENDED:	  	None
	PREMISES:	  	3131 Jay Street, Santa Clara, California
	OTHER:	  	None
	OTHER:	  	None
		
	TENANT:	  	Long Board, Inc., a California corporation
	DATE OF LEASE:	  	March 18, 2003
	AMENDED:	  	First Amendment: November 21, 2005
	PREMISES:	  	3121 Jay Street, Santa Clara, California
	OTHER:	  	None
		
	TENANT:	  	Safenet, Inc., a Delaware corporation, as the successor in interest to Cylink Corporation, a California corporation, the original tenant
	DATE OF LEASE:	  	May 10, 1999
	AMENDED:	  	First Amendment: August 5, 1999
		  	Second Amendment: October 30, 2002
		  	Amendment to Acceptance Agreement: November 2, 1999
		  	Assignment & Assumption: September 1, 2004
		  	Sublease Agreement: September 29, 2004
		  	Consent of Landlord: October 7, 2004
	PREMISES:	  	3151 Jay Street, Santa Clara, California
	OTHER:	  	None
		
	TENANT:	  	SideStep, Inc., a Delaware corporation
	DATE OF LEASE:	  	December 4, 2003
	AMENDED:	  	None
	PREMISES:	  	3131 Jay Street, Santa Clara, California
	OTHER:	  	None
		
	TENANT:	  	Tavant Technologies, Inc., a Washington corporation
	DATE OF LEASE:	  	August 1, 2003
	AMENDED:	  	First Amendment: November 18, 2003
	PREMISES:	  	3101 Jay Street, Santa Clara, California
	OTHER:	  	None

  

 Exhibit B 

			
	TENANT:	  	Vormetric, Inc.
	DATE OF LEASE:	  	April 15, 2003
	AMENDED:	  	None
	PREMISES:	  	3131 Jay Street, Santa Clara, California
	OTHER:	  	None

  

 Exhibit B 

 PERSONAL PROPERTY 
 Furniture numbers below are approximate. 
 Safenet 
 3151 Jay Street 
  

			
	23	  	Task chairs
	15	  	Misc. chairs
	32	  	Cafeteria chairs
	20	  	Conference room chairs
	7	  	Desk chairs
	12	  	Chasworth racks
	2	  	Credenza
	79	  	Cubicles, 8x10 - each has 1 corner, 2 surfaces, pedestal, desk chair, overhead cabinet
	13	  	Office chairs
	8	  	High box lockers
	1	  	Lobby couch
	1	  	Lucent Definity phone switch
	1	  	Octel Voice Mail system
	1	  	Photo badge camera & computer
	20	  	Pallet racks
	1	  	Reception station
	61	  	Shelves (24x72)
	1	  	Conference table (16 ft)
	1	  	Conference table
	71	  	Training rooms
	1	  	UPS for building
	1	  	UPS for CPU room
	1	  	UPS for PBX
	34	  	Work tables
	1	  	Xerox 255 ST doc center
	1	  	Xerox 340 doc center

 Exavio 
 3121 Jay
Street 
  

			
	42	  	Workstations
	86	  	Chairs
	4	  	Wood tables
	6	  	Round tables
	4	  	File cabinets
	1	  	Bookcase
	11	  	Desks
	1	  	Credenza

  

 Exhibit C 

 Approximate Furniture Inventory 
 Sidestep 
 3131 Jay Street 
  

			
	32	  	Cubicles
	65	  	Chairs
	2	  	Wood tables
	1	  	Small table
	2	  	Round tables
	8	  	4 drawer vertical file cabinets
	4	  	Credenzas
	4	  	Bookcases
	10	  	White boards/cork boards
	5	  	Storage racks

 Tavant 
 3101 Jay
Street 
  

			
	50	  	Cubicles
	102	  	Chairs
	1	  	Wood table
	6	  	Metal tables
	7	  	Round tables
	1	  	4 drawer vertical file cabinet
	4	  	5 drawer vertical file cabinet
	2	  	Metal bookcases
	47	  	White boards
	1	  	Cork board
	1	  	Metal mail sorter

 CSwitch 
 3131 Jay
Street 
  

			
	40	  	Cubicles
	2	  	Partitioned Tables
	1	  	Small Wood Round Table
	2	  	Wood Bookshelve
	1	  	Large Wood Conference Table
	21	  	2 drawer vertical file cabinet (wide)
	7	  	2 drawer vertical file cabinet (narrow)
	2	  	4 drawer vertical file cabinet
	6	  	5 drawer vertical file cabinet
	38	  	3 drawer vertical file cabinet
	10	  	White boards

  

 Exhibit C 

 Approximate Furniture Inventory 
 Vormetric 
 3131 Jay Street 
  

			
	9	  	Wood desks
	3	  	Metal desks
	6	  	Credenzas
	58	  	Cubicles
	181	  	Chairs
	1	  	Sofa
	16	  	Wood tables
	5	  	Metal tables
	1	  	Folding table
	19	  	Work benches
	5	  	Typing stand
	25	  	4 drawer vertical file cabinets
	14	  	5 drawer lateral file cabinets
	9	  	2 drawer lateral file cabinets
	27	  	Wood bookcase
	5	  	Metal bookcase
	15	  	White boards
	3	  	Projection screens
	1	  	Cork board
	1	  	Easel

 Vacant Suite, 2nd Floor 
 3131 Jay Street 
  

			
	39	  	Cubicles
	3	  	Round tables
	14	  	White boards
	1	  	Conference table

 Long Board, Inc. 
 3121 Jay Street 
  

			
	1	  	Conference tables (12’x 47”)
	10	  	Conference chairs
	1	  	White board
	1	  	Conference table (12’x49”)
	12	  	Conference chairs
	1	  	Projection screen
	1	  	Conference table (8’x48”)
	6	  	Conference chairs

  

 Exhibit C 

 Approximate Furniture Inventory (cont’d) 
  

			
	1	  	White board
	6	  	Conference table (7’x36”)
	6	  	Conference chairs
	6	  	3 drawer file cabinets
	1	  	Conference table (8’x46”)
	6	  	Conference chairs
	1	  	White Board
	7	  	Desk chairs (green)
	1	  	Conference table (8’x42”)
	2	  	Tables – 48” round
	124	  	Cubicles
	73	  	Desk chairs (purple)
	15	  	Office desks
	8	  	Side chairs
	5	  	Side chairs
	3	  	File cabinets
	6	  	Bookshelves
	8	  	Lab chairs (rolling)

  

 Exhibit C 

 CONTRACTS 
 Service Contract between Lincoln Property Company (“Lincoln”, as agent for Seller) and Bamacor, Inc. dated March 7, 2006. 
 Service
Contract between Lincoln and BFI Waste Services, dated February 14, 2006. 
 Service Contract between Orchard Jay Investors, LLC and Crane Pest Control
dated April 1, 2000. Assigned to Lincoln on September 8, 2005. 
 Service Contract between Orchard Jay Investors, LLC and Jensen Landscape
Services, not dated. Assigned to Lincoln on September 13, 2005. 
 Service Contract between Lincoln and Kristar (d.b.a. Drainage Protection Systems)
dated April 28, 2006. 
 Property Management Agreement between Jay Street, LLC and LPC West, LLC dated August 9, 2005. [Seller will terminate
this agreement at Closing] 
 Service Contract between Lincoln and M.J. Mechanical Services, Inc. dated November 10, 2005 (3101 Jay Street).

 Service Contract between Lincoln and M.J. Mechanical Services, Inc. dated November 10, 2005 (3131 Jay Street). 
 Service Contract between Lincoln and Pro-Sweep, Inc. dated October 20, 2005. 
 Service Contract between Lincoln and Protection Service Industries, L.P. dated October 5, 2005. 
 Service Contract between Lincoln and
Republic Elevator Company dated October 1, 2005. 
 Service Contract between Lincoln and Waste Management of Santa Clara County dated March 13,
2006. 
  

 Exhibit D 

 GRANT DEED 
 Recorded at Request of, 
 When Recorded Mail to, 
 and Mail Tax Statements to: 
 _________________________ 
 _________________________ 
 _________________________ 
 GRANT DEED 
 In accordance with Section 11932 of the California Revenue and Taxation Code, Grantor has declared the amount of the transfer tax that is due by
a separate statement that is not being recorded with this Grant Deed. 
 For valuable consideration, receipt of which is acknowledged,
JAY STREET, LLC, a Delaware limited liability company (“Grantor”), hereby grants to WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company, (“Grantee”), the real property in the City of Santa Clara, County of Santa
Clara, State of California, described in Exhibit A attached hereto and made a part hereof (the “Property”). 
 THE PROPERTY IS
BEING SOLD, AND GRANTEE IS ACCEPTING POSSESSION OF THE PROPERTY ON THE DATE HEREOF, “AS IS, WHERE IS, WITH ALL FAULTS.” NONE OF GRANTOR, ITS COUNSEL OR BROKERS, NOR ANY PARTNER, OFFICER, DIRECTOR, EMPLOYEE, AGENT OR ATTORNEY OF GRANTOR,
ITS COUNSEL OR BROKER NOR ANY OTHER PARTY RELATED IN ANY WAY TO ANY OF THE FOREGOING HAVE OR SHALL BE DEEMED TO HAVE MADE ANY VERBAL OR WRITTEN REPRESENTATIONS, WARRANTIES, PROMISES OR GUARANTEES (WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE) TO
GRANTEE WITH RESPECT TO THE PROPERTY, ANY MATTER SET FORTH, CONTAINED OR ADDRESSED IN ANY DOCUMENTS RELATING THERETO (INCLUDING, BUT NOT LIMITED TO, THE ACCURACY AND COMPLETENESS THEREOF) OR THE RESULTS OF GRANTEE’S INVESTIGATIONS OF THE
PROPERTY, EXCEPT FOR THE REPRESENTATIONS AND WARRANTIES OF GRANTOR SET FORTH IN SECTION 5.1 OF THE PURCHASE AGREEMENT DATED AS OF MAY 3, 2006, BETWEEN GRANTOR AND GRANTEE. 
 Dated:                     , 2006. 

[Signatures Contained on Following Page] 
  

 Exhibit E - 1 

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

			
	 WESTCORE PROPERTIES AC, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit E - 2 

 EXHIBIT A 
 GRANT DEED 
 All of the real property in the City of Santa Clara, County of Santa Clara, State of
California, described as follows: 
  

 Exhibit E - 3 

					
	 STATE OF CALIFORNIA,
	    	)	 	
		    	)	 	ss.
	County of
                                .	    	)	 	

 On
                    , 2006, before me,
                                        
                                        
    , a Notary Public in and for the State of California, personally appeared
                                        
                    , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to
the within instrument, and acknowledged to me that he or she executed the within instrument in his or her authorized capacity and that, by his or her signature on the within instrument, the person or entity upon behalf of which he or she acted
executed the within instrument. 
 WITNESS my hand and official seal. 
  

					
			
	Signature	 	  	 	 (Seal)

  

					
	 STATE OF CALIFORNIA,
	    	)	 	
		    	)	 	ss.
	County of
                                .	    	)	 	

 On
                    , 2006, before me,
                                        
                                        
        , a Notary Public in and for the State of California, personally appeared
                                        
                    , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to
the within instrument, and acknowledged to me that he or she executed the within instrument in his or her authorized capacity and that, by his or her signature on the within instrument, the person or entity upon behalf of which he or she acted
executed the within instrument. 
 WITNESS my hand and official seal. 
  

					
			
	Signature	 	  	 	 (Seal)

  

 Exhibit E - 4 

 ASSIGNMENT OF LEASES 
 THIS ASSIGNMENT, made as of                     , 2006, by and between JAY STREET, LLC, a Delaware limited
liability company (“Seller”), and WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company (“Buyer”), 
 WITNESSETH: 
 For valuable consideration, receipt of which is acknowledged, Seller and Buyer agree as follows: 
 1. Assignment and Assumption. 
 (a)
Seller hereby assigns and transfers to Buyer all right, title and interest of Seller in, to and under the leases (the “Leases”) described in Exhibit A attached hereto and made a part hereof, free and clear of liens, encumbrances, security
interests and adverse claims. 
 (b) Buyer hereby accepts the foregoing assignment, and assumes and agrees to perform all of the covenants
and agreements in the Leases to be performed by the landlord thereunder that arise or accrue from and after the date of this Assignment. 
 2. Indemnification. 
 (a) Seller shall indemnify and defend Buyer against and hold Buyer harmless from all claims, demands,
liabilities, losses, damages, costs and expenses, including, without limitation, reasonable attorneys’ fees and disbursements, that are caused by any failure by Seller to perform the obligations of the landlord under the Leases before the date
of this Assignment. 
 (b) Buyer shall indemnify and defend Seller against and hold Seller harmless from all claims, demands, liabilities,
losses, damages, costs and expenses, including, without limitation, reasonable attorneys’ fees and disbursements, that are caused by any failure by Buyer to perform the obligations of the landlord first arising or accruing under the Leases on
or after the date of this Assignment. 
 3. Further Assurances. Seller and Buyer agree to execute such other documents and perform
such other acts as may be reasonably necessary or proper and usual to effect this Assignment. 
 4. Governing Law. This Assignment
shall be governed by and construed in accordance with the laws of the State of California. 
  

 Exhibit F - 1 

 5. Successors and Assigns. This Assignment shall be binding upon and shall inure to the benefit of
Seller and Buyer and their respective personal representatives, heirs, successors and assigns. 
 6. Severability. If one or more
provisions of this Assignment are held by a proper court to be unenforceable under applicable law, portions of such provisions, or such provisions in their entirety, to the extent necessary and permitted by law, shall be severed herefrom, and the
balance of this Assignment shall be enforceable in accordance with its terms. 
 7. Attorneys’ Fees. If there is any legal action
or proceeding between Seller and Buyer arising from or based on this Assignment, the unsuccessful party to such action or proceeding shall pay to the prevailing party all costs and expenses, including reasonable attorneys’ fees, incurred by
such prevailing party in such action or proceeding and in any appeal in connection therewith. If such prevailing party recovers a judgment in any such action, proceeding or appeal, such costs, expenses and attorneys’ fees shall be included in
and as a part of such judgment. 
 IN WITNESS WHEREOF, Seller and Buyer have executed this Assignment as of the date first hereinabove
written. 
  

			
	 JAY STREET, LLC,
 a Delaware limited
liability company

		
	By	 	  
	Its	 	  

  

			
	 WESTCORE PROPERTIES AC, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit F - 2 

 BILL OF SALE 
 For valuable consideration, receipt of which is acknowledged, JAY STREET, LLC, a Delaware limited liability company (“Seller”), hereby sells, assigns, transfers and delivers to WESTCORE PROPERTIES AC, LLC, a
Delaware limited liability company (“Buyer”), all of the personal property described in Exhibit A attached hereto and made a part hereof (the “Personal Property”), free and clear of liens, encumbrances, security interests and
adverse claims. 
 SELLER HAS MADE NO AFFIRMATION OF FACT OR PROMISE RELATING TO THE PERSONAL PROPERTY THAT HAS BECOME ANY BASIS OF THIS
BARGAIN, AND FURTHER, SELLER HAS MADE NO AFFIRMATION OF FACT OR PROMISE RELATING TO THE PERSONAL PROPERTY THAT WOULD CONFORM TO ANY SUCH AFFIRMATION OR PROMISE. SELLER DISCLAIMS ANY WARRANTY OF FITNESS FOR ANY PARTICULAR PURPOSE WHATEVER WITH
RESPECT TO THE PERSONAL PROPERTY. THE PERSONAL PROPERTY IS SOLD ON AN “AS IS” BASIS 
 Dated:
                    , 2006. 
  

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit G 

 ASSIGNMENT OF CONTRACTS 
 THIS ASSIGNMENT, made as of
                    , 2006, by and between JAY STREET, LLC, a Delaware limited liability company (“Seller”), and WESTCORE PROPERTIES
AC, LLC, a Delaware limited liability company (“Buyer”). 
 W I T N E S S E T H: 
 For valuable consideration, receipt of which is acknowledged, Seller and Buyer agree as follows: 
 1. Assignment and Assumption. 
 (a)
Seller hereby assigns and transfers to Buyer all right, title and interest of Seller in, to and under the contracts (the “Contracts”) described in Exhibit A attached hereto and made a part hereof, free and clear of liens, encumbrances,
security interests and adverse claims. 
 (b) Buyer hereby accepts the foregoing assignment, and assumes and agrees to perform all of the
covenants and agreements in the Contracts to be performed by Seller thereunder that arise or accrue from and after the date of this Assignment. 
 2. Indemnification. 
 (a) Seller shall indemnify and defend Buyer against and hold Buyer harmless from all claims, demands,
liabilities, losses, damages, costs and expenses, including, without limitation, reasonable attorneys’ fees and disbursements, that are caused by any failure by Seller to perform the obligations of Seller under the Contracts before the date of
this Assignment. 
 (b) Buyer shall indemnify and defend Seller against and hold Seller harmless from all claims, demands, liabilities,
losses, damages, costs and expenses, including, without limitation, reasonable attorneys’ fees and disbursements, that are caused by any failure by Buyer to perform the obligations of Seller first arising or accruing under the Contracts on or
after the date of this Assignment. 
 3. Further Assurances. Seller and Buyer agree to execute such other documents and perform such
other acts as may be reasonably necessary or proper and usual to effect this Assignment. 
 4. Governing Law. This Assignment shall be
governed by and construed in accordance with the laws of the State of California. 
  

 Exhibit H - 1 

 5. Successors and Assigns. This Assignment shall be binding upon and shall inure to the benefit of
Seller and Buyer and their respective personal representatives, heirs, successors and assigns. 
 6. Severability. If one or more
provisions of this Assignment are held by a proper court to be unenforceable under applicable law, portions of such provisions, or such provisions in their entirety, to the extent necessary and permitted by law, shall be severed herefrom, and the
balance of this Assignment shall be enforceable in accordance with its terms. 
 7. Attorneys’ Fees. If there is any legal action
or proceeding between Seller and Buyer arising from or based on this Assignment, the unsuccessful party to such action or proceeding shall pay to the prevailing party all costs and expenses, including reasonable attorneys’ fees, incurred by
such prevailing party in such action or proceeding and in any appeal in connection therewith. If such prevailing party recovers a judgment in any such action, proceeding or appeal, such costs, expenses and attorneys’ fees shall be included in
and as a part of such judgment. 
 IN WITNESS WHEREOF, Seller and Buyer have executed this Assignment as of the date first herein above
written. 
  

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

			
	 WESTCORE PROPERTIES AC, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit H - 2 

 ASSIGNMENT OF PERMITS 
 For valuable consideration, receipt of which is acknowledged, JAY STREET, LLC, a Delaware limited liability company (“Seller”), hereby assigns
and transfers to WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company, all of Seller’s right, title and interest in, to and under the Permits relating to the real property located at 3101, 3121, 3131 and 3151 Jay Street, Santa
Clara, California, free and clear of liens, encumbrances, security interests and adverse claims. 
 Dated:
                    , 2006. 
  

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit I 

 SECURITY DEPOSITS 
 Landlord holds the following security deposits in the form of cash: 
  

					
	Exavio:	  	$28,131.30	  	
	Sidestep:	  	$12,938.10	  	
	Tavant:	  	$12,178.01	  	
	Vormetric:	  	$31,114.80	  	

 Seller holds the following security deposits in the form of letters of credit: 
  

			
	CSwitch:	  	$45,565.59 issued by Bank of America; beneficiary is Jay Street, LLC
	LongBoard:	  	$50,000.00 issued by Greater Bay Bancorp; beneficiary is Jay Street, LLC

 LaSalle Bank (lender on current loan) holds the following security deposits in the form of a letter of credit:

  

			
	Cylink*:	  	$667,623.60 issued by Silicon Valley Bank; beneficiary is LaSalle Bank

  

	*	Safenet is the successor in interest to Cylink. 

  

 Exhibit J 

 SELLER’S CLOSING CERTIFICATE 
 For valuable consideration, receipt of which is acknowledged, JAY STREET, LLC, a Delaware limited liability company (“Seller”), hereby
certifies to WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company (“Buyer”), that all representations and warranties made by Seller in section 5.1 of the Purchase Agreement (the “Purchase Agreement”) dated
May 3, 2006, between Seller and Buyer are true and correct on and as of the date of this Certificate. This Certificate is executed by Seller and delivered to Buyer pursuant to the Purchase Agreement. 
 Dated:                     , 2006. 

 

			
	 JAY STREET, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit K 

 ESTOPPEL CERTIFICATE 
  

	
	TENANT:                                     
                                        
     
	DATE OF
LEASE:                                       
                          
	PREMISES:              Jay Street, Suite
            
	 Santa Clara, California

 ESTOPPEL CERTIFICATE 
  

			
	To:	 	  
		 	  
		 	  
		 	  

  

	 	Re:	Lease dated                     ,
             between
                                        
         (“Landlord”) and                     , a
                                     (“Tenant”)

 The undersigned hereby certifies to
                     (“Buyer”) as follows: 
 l. The undersigned is the “Tenant” under the above-referenced lease (“Lease”) covering the above-referenced Premises (“Premises”). The following is a true and correct list of all
amendments, modifications and supplements to the Lease (collectively, the “Lease Modifications”): 
  

	 	a.	                                      
                   

  

	 	b.	                                      
                   

  

	 	c.	                                      
                   

  

	 	d.	                                      
                   

  

	 	e.	                                      
                   

  

	 	f.	                                      
                   

  

	 	g.	                                      
                   

  

	 	h.	                                      
                   

 For purposes hereof, all
references to the “Lease” shall include the original lease agreement and all of the Lease Modifications thereto. 
  

 Exhibit L 

 2. The Lease constitutes the entire agreement between Landlord and Tenant with respect to the Premises
and the Lease has not been modified, changed, altered or amended in any respect except as set forth above. The Lease is in full force and effect. 
 3. The term of the Lease commenced on                     ,         , and, taking into
account any previously exercised options and all exercised renewal terms, will expire on
                    ,        . Tenant has accepted possession of the Premises and is the actual
occupant in possession and has not sublet, assigned or hypothecated Tenant’s leasehold interest. All improvements to be constructed on the Premises by Landlord have been completed and accepted by Tenant and Landlord has paid in full all
construction allowances and any allowances and inducements due and payable to Tenant. 
 4. As of the date of this Estoppel Certificate, to
the best knowledge of Tenant, there exists no breach or default, nor state of facts which, with notice, the passage of time, or both, would result in a breach or default on the part of either Tenant or Landlord. To the best of Tenant’s
knowledge, no claim, controversy, dispute, quarrel or disagreement exists between Tenant and Landlord. 
 5. Tenant is currently obligated to
pay rental in monthly installments of $                     per month as base rent and
$                     per month as operating costs, common area expenses, taxes and other pass-throughs (collectively, “Operating
Expenses”) (taking into account all Consumer Price Index adjustments and other adjustments pursuant to the terms of the Lease), and monthly installments of base rent and Operating Expenses have been paid through
                    , 2006. 
 6.
Operating Expenses [INSERT IF APPLICABLE: are based upon                      base year and] are presently included in Tenant’s monthly
rental installments as specified in section 5 above. No base rent or Operating Expenses have been paid more than one (1) month in advance. Tenant has no claim or defense against Landlord under the Lease and is asserting no offsets or credits
against either the rent or Landlord. Tenant has no claim against Landlord for any security or other deposits except $                    
which was paid pursuant to the Lease. 
 7. Tenant has no option or preferential right to purchase all or any part of the Premises (or the
real property of which the Premises are a part) nor any right or interest with respect to the Premises other than as Tenant under the Lease. 
 8. Tenant has no option, right of first offer or right of first refusal to lease or occupy any other space within the property of which the Premises are a part, except as set forth in the Lease. Tenant has no right to renew or extend the
terms of the Lease, except as set forth in the Lease. 
 9. Tenant has no preferential right to parking spaces, except as set forth in the
Lease. 
 10. Tenant has made no agreement with Landlord or any agent, representative or employee of Landlord concerning free rent, partial
rent, rebate of rental payments or any other type of rental or other concession, except as set forth in the Lease. 
  

 Exhibit L 

 11. There has not been filed by or against Tenant a petition in bankruptcy, voluntary or otherwise, any
assignment for the benefit of creditors, any petition seeking reorganization or arrangement under the bankruptcy laws of the United States, or any state thereof, or any other action brought under said bankruptcy laws with respect to Tenant.

 This Estoppel Certificate is made to Buyer in connection with the prospective purchase by Buyer or Buyer’s assignee, of the property
of which the Premises is a part. This Estoppel Certificate may be relied on by Buyer, and any other party who acquires an interest in the Premises in connection with such purchase and any person or entity which may finance such purchase. 

 

									
		 	Dated this                      day of
                    , 2006	 		 		 	
					
		 	“TENANT	 		 	  	 	  
		 		 		 	  	 	  
					
		 		 		 	By:	 	  
		 		 		 	Name:	 	  
		 		 		 	Its:	 	  

  

 Exhibit L 

 BUYER’S CLOSING CERTIFICATE 
 For valuable consideration, receipt of which is acknowledged, WESTCORE PROPERTIES AC, LLC, a Delaware limited liability company (“Buyer”),
hereby certifies to JAY STREET, LLC, a Delaware limited liability company (“Seller”), that all representations and warranties made by Buyer in section 5.2 of the Purchase Agreement (the “Purchase Agreement”) dated May 3,
2006, between Seller and Buyer are true and correct on and as of the date of this Certificate. This Certificate is executed by Buyer and delivered to Seller pursuant to the Purchase Agreement. 
 Dated:                     , 2006. 

 

			
	 WESTCORE PROPERTIES AC, LLC,
 a Delaware limited liability company

		
	By	 	  
	Its	 	  

  

 Exhibit M 

 CERTIFICATE OF NONFOREIGN STATUS 
 Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a
foreign person. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest by JAY STREET, LLC, a Delaware limited liability company (“Seller”), the undersigned (“SSC”),
who is the sole member of Seller, hereby certifies the following on behalf of SSC: 
 1. SSC is not a foreign corporation, foreign
partnership, foreign trust or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); 
 2.
SSC’s U.S. employer identification number is _____________________; 
 3. SSC’s office address is c/o Street Capital, LLC, One
Market Plaza, Steuart Tower, Suite 1010, San Francisco, California 94105, Attention: Mr. John S. Grassi; and 
 4. SSC is not a
“disregarded entity” as defined under the Internal Revenue Code and Income Tax Regulations. 
 SSC understands that this
certification may be disclosed to the Internal Revenue Service by the transferee and that any false statement contained herein could be punished by fine, imprisonment, or both. 
 Under penalties of perjury I declare that I have examined this certificate and to the best of my knowledge and belief it is true, correct and complete,
and I further declare that I have authority to sign this document on behalf of SSC. 
 Dated:
                    , 2006. 
  

							
	SSC I, L.P., a Delaware limited partnership
		
	 By
	 	 SPEAR STREET CAPITAL, LLC,
 a Delaware
limited liability company,
 its general partner

			
		 	By	 	GRASSI HOLDINGS, LLC, a
Delaware limited liability company, its manager
				
		 		 	By	 	  
		 		 		 	 John S. Grassi
 Sole Member

  

 Exhibit N 

 LIST OF ENVIRONMENTAL REPORTS 
  

			
	REPORT	  	Summary Report, Peer Review, 3151 Santa Clara, California
	CONSULTANT	  	Golder Associates (Steve Lofholm)
	DATE	  	April 16, 2005
	OTHER	  	None
		
	REPORT	  	Teleconference memo with Vince Christian at the Regional Water Quality Control Board, San Francisco Bay Region
	CONSULTANT	  	Golder Associates (Steve Lofholm)
	DATE	  	April 14, 2005
	OTHER	  	None
		
	REPORT	  	Phase I Environmental Site Assessment
	CONSULTANT	  	Eckland
	DATE	  	February 25, 2005
	OTHER	  	Comm. No. 2005-04338-0007
		
	REPORT	  	Updated Phase I Environmental Site Assessment
	CONSULTANT	  	PES Environmental, Inc.
	DATE	  	October 21, 1999
	OTHER	  	None
		
	REPORT	  	Results of Screening-Level Modeling to Assess Potential Incremental Human-Health Risks Resulting from Inhalation of Chemical Emitted from the Air Stripper Located at 3151 Jay Street (EKI
970098)
	CONSULTANT	  	Erler & Kalinowski
	DATE	  	February 24, 1998
	OTHER	  	None
		
	REPORT	  	Phase I Environmental Site Assessment and Phase II Groundwater Investigation
	CONSULTANT	  	PES Environmental, Inc.
	DATE	  	November 10, 1997
	OTHER	  	Parcels 224-09-71 and 224-09-128
		
	REPORT	  	Letter written by the California Regional Water Quality Control Board Letter regarding Site Cleanup Requirement for Fairchild semiconductor corporation Micro Power Systems, Inc.
	CONSULTANT	  	N/A
	DATE	  	August 6, 1992
	OTHER	  	File No. 2189.8191

  

 Exhibit O 

			
	REPORT	  	License Agreement pertaining to the Air Stripper
	CONSULTANT	  	N/A
	DATE	  	March 11, 1992
	OTHER	  	None
		
	REPORT	  	Third Quarter 2004 Self Monitoring Report Fairchild Semiconductor Corporation / Micro Power Systems, Inc.
	CONSULTANT	  	NA
	DATE	  	October 29, 2004
	OTHER	  	None
		
	REPORT	  	Semiannual Status Report, January 1 to June 30, 2004
	CONSULTANT	  	RMT
	DATE	  	July 28, 2004
	OTHER	  	None
		
	REPORT	  	Letter to Orchard Properties from Schlumberger Technology Corp.
	CONSULTANT	  	NA
	DATE	  	February 25, 1998
	OTHER	  	None

  

 Exhibit O 

 FORM OF TENANT NOTICE 
 _____________________, 2006 
 _____________________________ 
 _____________________________ 
 _____________________________ 
 _____________________________ 

	Attention:	_____________________ 

  

	 	Re:	Lease dated as of ______________________________ (the “Lease”) by and between [Jay Street, LLC/ ______________, as predecessor in interest to Jay Street,
LLC] (“Landlord”) and _____________ and relating to the leased premises (the “Premises”) in the building located at ___________ Jay Street, Santa Clara, California (the “Building”) 

 Ladies and Gentlemen: 
 Please be advised that Landlord has
sold the Building, including the Premises, to Westcore Properties AC, LLC, a Delaware limited liability company (“Buyer”), as of the date set forth above, and in connection with such sale Landlord has assigned and transferred its interest
in the Lease, including your security deposit (if any), to Buyer. Accordingly, all of your obligations under the Lease from and after the date of this notice (including your obligations to pay rent and fulfill your insurance requirements) shall be
performable to and for the benefit of Buyer. 
 The address of Buyer for all purposes under the Lease is: 
 ____________________________ 
 ____________________________ 
 ____________________________ 
 ____________________________ 
 If you have any questions about the sale, please contact ______________________, at (____) ______-______. Thank you. 
  

			
	Very truly yours,
	
	 JAY STREET, LLC, a Delaware limited
 liability company

		
	 By
	 	  
	 Its
	 	  

  

 Exhibit P 

 FORM OF VENDOR NOTICE 
 ______________________, 2006 
 _____________________________ 
 _____________________________ 
 _____________________________ 
 _____________________________ 

	Attention:	____________________ 

  

	 	Re:	Contract dated as of ___________________________ (the “Contract”) by and between [Jay Street, LLC/___________, as predecessor in interest to Jay Street, LLC]
(“Owner”) and _________ and relating to the property located at 3101, 3121, 3131 and 3151 Jay Street, Santa Clara, California (the “Property”) 

 Ladies and Gentlemen: 
 Please be advised that Owner has sold the Property to Westcore Properties AC, LLC, a
Delaware limited liability company (“Buyer”), as of the date set forth above, and in connection with such sale Owner has assigned and transferred its rights and obligations under the Contract to Buyer. Accordingly, all of your obligations
under the Contract from and after the date of this notice shall be performable to and for the benefit of Buyer. 
 The address of Buyer for
all purposes under the Contract is: 
 ____________________________ 
 ____________________________ 
 ____________________________ 
 ____________________________ 
 If you have any questions about the sale, please contact __________________, at (_____) ________-_______. Thank you. 
  

			
	Very truly yours,
	
	 JAY STREET, LLC, a Delaware limited
 liability company

		
	 By
	 	  
	 Its
	 	  

  

 Exhibit Q 

 SCHEDULE 5.1 
 Outstanding leasing costs related to the pending CSwitch Lease: 
 Tenant Improvements: 
 Suite B: $96,138.00 
 Suite C: $61,610.00 
 Leasing Commissions (estimate): 
 $89,000

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