Document:

exv10w6

Exhibit 10.6

TAX PROTECTION AGREEMENT

     THIS TAX PROTECTION AGREEMENT (“Agreement”), dated as of May      , 2011, by and between
Schottenstein Realty LP, a Delaware limited partnership (the “OP”), Schottenstein Realty Trust,
Inc., a Maryland corporation (the “REIT”) and the parties set forth on Schedule 1 hereto,

W
I  T  N  E  S  S  E
 T  H :

     WHEREAS, the REIT, the OP and certain contributing members, including the Protected Partners,
have entered into that certain Second Amended and Restated Contribution Agreement, dated as of May
      , 2011 (the “Contribution Agreement”) and various assignment and assumption and other agreements,
pursuant to which limited liability company, limited partnership interests or general partnership
interests (each, a “Contributed Interest”) in entities that own direct or indirect interests in
properties, including the properties listed on Schedule 2 hereto (each, a “Protected Property”),
will be contributed to the OP (the “Contribution”) in exchange for, among other things, units of
limited partnership interest in the OP (“OP Units”);

     WHEREAS, it is intended that, for federal income tax purposes, the Contribution will be
treated as a tax-free contribution by the Protected Partners to the OP of the Contributed Interests
in exchange for OP Units, under Section 721 of the Code, as defined below (including, where
applicable, pursuant to the “assets over” form of transaction set forth in Treasury Regulation
Section 1.708-1(c)(3)(i)); and

     WHEREAS, as provided in Section 8.07(a) of the Amended and Restated Agreement of Limited
Partnership of the OP (the “Partnership Agreement”) and in consideration for the agreement of the
Protected Partners to consummate the Contribution, the OP, the REIT and the Protected Partners are
entering into the agreements set forth below.

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, and intending to be legally bound hereby, the parties agree as follows:

     1. Definitions. All capitalized terms used and not otherwise defined in this
Agreement shall have the meaning set forth in the Partnership Agreement. As used herein, the
following terms have the following meanings:

	 	 	     “Accounting Firm” shall have the meaning set forth in Section 3(b).

     “Arbitrable Dispute” shall mean a disagreement with respect to the amount of damages to
which a Protected Partner of Indirect Owner thereof is entitled under Section 3(a) or
Section 6(a). For the avoidance of doubt, a disagreement as to whether or not the
OP has breached any covenant or obligation under Sections 2, 4 or 5 or whether a

 

 

transaction or event gives rise to an indemnification obligation under Sections 3 or 6 shall
not constitute an Arbitrable Dispute.

     “Built-in Gain” shall mean, with respect to any Protected Partner (or as allocable to
any Indirect Owner) at any time, gain allocable to such Protected Partner pursuant to
Section 704(c) of the Code with respect to a Protected Property (to the extent not offset by
any special inside basis of such Protected Partner (or Indirect Owner) under Section 743(b)
of the Code with respect to such Protected Property). The Built-in Gain of each Protected
Partner listed on Schedule 1 as of the Closing Date with respect to each Protected Property
shall be as reflected on Schedule 3. The amount of Built-in Gain of any Protected Partner
(or Indirect Owner) shall be adjusted from time to time pursuant to the Code and the
Treasury Regulations and shall be reduced by any Built-in Gain recognized under the Code
during the Tax Protection Period, including any gain recognized during the Tax Protection
Period by (x) a Protected Partner upon a transfer of some or all of its Protected Units or
(y) an Indirect Owner upon a transfer of some or all of such Indirect Owner’s equity
interest in a Protected Partner, that is attributable to Built-in Gain.

     “Closing” and “Closing Date” shall have the meanings ascribed to them in the
Contribution Agreement.

     “Code” means the Internal Revenue Code of 1986, as amended.

     “DRO” means a written obligation by a Protected Partner to restore all or any portion
of a deficit that may exist in its capital account upon a liquidation of the OP pursuant to
Section 13.02(d) of the Partnership Agreement.

     “Guarantee Opportunity” shall have the meaning set forth in Section 5(b).

     “Guaranteed Amount” means, with respect to a Guaranteed Debt, the aggregate amount of
such Guaranteed Debt that is guaranteed at any time by Protected Partners or Indirect
Owners.

     “Guaranteed Debt” means any debt that is guaranteed in whole or in part by a Protected
Partner or Indirect Owner at any time on or after the Closing Date pursuant to Section 5
hereof.

     “Indirect Owner” means, in the case of a Protected Partner that is an entity that is
classified as a partnership, S corporation, grantor trust or disregarded entity for federal
income tax purposes, any person owning an equity interest in such Protected Partner, and, in
the case of any Indirect Owner that itself is an entity that is classified as a partnership,
S corporation, grantor trust or disregarded entity for federal income tax purposes, any
person owning an equity interest in such entity.

     “Jay Schottenstein Group” shall mean Jay L. Schottenstein, his spouse, children,
spouses of his children, descendants of his children, trusts for the benefit of any of Jay
L. Schottenstein, his spouse, children, spouses of his children and descendants of his

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children and entities in which any of the foregoing holds a direct or indirect equity
interest.

     “LP Recourse Amount” shall have the meaning set forth in the Partnership Agreement.

     “Merger” means a merger, consolidation, unit exchange, entity conversion,
recapitalization, leveraged buy-out, so-called going private transaction or other capital
transaction involving the OP or any entity in which the OP owns a direct or indirect
interest, whether or not the OP or such other entity is the surviving entity in such
transaction, provided, however, that such term shall not include any transfer occurring
pursuant to the Contribution Agreement.

     “Minimum Liability Amount” shall mean, for each Protected Partner listed on Schedule 1,
the amount set forth on Schedule 4 hereto next to such Protected Partner’s name, as amended
from time to time, provided, however, that (1) upon any sale, exchange, transfer or
disposition by a Protected Partner of some or all of its Protected Units in a transaction in
which the transferee’s adjusted basis in the transferred property is determined for federal
income tax purposes wholly by reference to the transferor’s adjusted basis in such
transferred property, the Minimum Liability Amount of the transferor Protected Partner shall
be allocated to the transferee (and the Minimum Liability Amount of the transferor shall be
correspondingly reduced) in an amount that bears the same ratio to the Minimum Liability
Amount of the transferor immediately before such transfer as the number of Protected Units
transferred bears to the number of Protected Units held by the transferor immediately before
such transfer or in such other manner as the transferor Protected Partner may request, and
(2) upon any other sale, exchange, transfer or disposition by either (a) a Protected Partner
of some or all of its Protected Units or (b) an Indirect Owner (not including an Indirect
Owner that holds its indirect interest through an S corporation) of some or all of its
direct or indirect equity interest in a Protected Partner, such Protected Partner’s Minimum
Liability Amount shall be reduced to the extent of (X) in situation (2)(a), any gain
recognized by the Protected Partner (or, in the case of a transfer resulting from the death
of a Protected Partner, the difference between the adjusted tax basis, for federal income
tax purposes, of the transferee with respect to such units and the adjusted tax basis, for
federal income tax purposes, of the transferor with respect to such units), and (Y) in
situation (2)(b), any gain recognized by the Indirect Owner (or, in the case of a transfer
resulting from the death of an Indirect Owner, the difference between the adjusted tax
basis, for federal income tax purposes, of the transferee with respect to the transferred
property and the adjusted tax basis, for federal income tax purposes, of the transferor with
respect to such property).

     “Nonrecourse Built-in Gain” means gain recognized under Section 731(a)(1) of the Code
as a result of a deemed distribution under Section 752(b) of the Code or gain under Section
465(e) of the Code.

     “OP Units” shall have the meaning set forth in the Recitals.

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     “Partnership Agreement” shall have the meaning set forth in the Recitals.

     “Permitted Transfer” shall have the meaning set forth in Section 2(b).

     “Proceeding” shall have the meaning set forth in Section 11(a).

     “Protected Partners” shall mean (i) the initial Protected Partners listed on Schedule 1
hereto, (ii) any person who holds Protected Units and who acquired such Protected Units from
a Protected Partner in a transaction in which such transferee’s adjusted basis, as
determined for federal income tax purposes, is determined, in whole or in part, by reference
to the adjusted basis of the Protected Partner in such Protected Units, and (iii) any
Indirect Owner of a Protected Partner who receives Protected Units from such Protected
Partner as “substituted basis property” as defined in Section 7701(a)(42) of the Code with
respect to his, her or its interest in such Protected Partner. For purposes of clarity, and
notwithstanding anything to the contrary contained herein, “Protected Partners” shall at all
times include the Jay Schottenstein Group.

     “Protected Properties” shall mean each of the properties listed on Schedule 2 hereto or
any portion thereof, any property acquired by the OP or any entity in which the OP holds a
direct or indirect interest in exchange for any such Protected Property in a transaction
described in Section 2(b) hereof, and any other property received by the OP, or any entity
in which the OP holds a direct or indirect interest as “substituted basis property” as
defined in Section 7701(a)(42) of the Code with respect to any such Protected Property.
Where the context so requires, it shall include any Contributed Interest that represents an
indirect interest in any Protected Property.

     “Protected Property Disposition” shall have the meaning set forth in Section 2(a).

     “Protected Units” shall mean (1) solely those OP Units issued in the Contribution and
acquired by a Protected Partner either at original issuance or from a Protected Partner in a
transaction in which the transferee’s adjusted basis, as determined for federal income tax
purposes, is determined, in whole or in part, by reference to the adjusted basis of the
transferor Protected Partner in such Protected Units, (2) any OP Units thereafter issued by
the OP to a Protected Partner in exchange for Protected Units held by such Protected Partner
in a transaction in which the Protected Partner’s adjusted basis, as determined for federal
income tax purposes, in the newly issued OP Units is determined, in whole or in part, by
reference to such Protected Partner’s adjusted basis, as determined for federal income tax
purposes, in the Protected Units exchanged, and (3) OP Units received by an Indirect Owner
of a Protected Partner in a distribution to such Indirect Owner by such Protected Partner in
a transaction in which all or any portion of the gain or loss is not recognized by the
Protected Partner. Notwithstanding the foregoing, a Protected Unit shall cease to
constitute a Protected Unit upon (X) the death of the Protected Partner holding such
Protected Unit if, as a result of the death of the Protected Partner, the transferee of such
unit receives an adjusted basis in such unit for federal income tax purposes that is equal
to the fair market value of such unit on the date of the Protected Partner’s death or (Y)
any sale, exchange, transfer or other disposition of such Protected Unit (except as provided
in clauses (2) and (3) above and other than any sale or exchange

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transaction in which the transferee’s adjusted basis, as determined for federal income
tax purposes, is determined, in whole or in part, by reference to the adjusted basis, as
determined for federal income tax purposes, of the transferor). In addition, upon the death
of any Indirect Owner in a Protected Partner (not including an Indirect Owner that holds its
indirect interest through an S corporation and only if, as a result of the death of the
Indirect Owner, the transferee of the Indirect Owner’s direct or indirect equity interest in
the Protected Partner receives an adjusted basis in such equity interest for federal income
tax purposes that is equal to the fair market value of such equity interest on the date of
the Indirect Owner’s death), or upon the sale, exchange, transfer or other disposition by an
Indirect Owner (not including an Indirect Owner that holds its indirect interest through an
S corporation) of some or all of such Indirect Owner’s equity interest in a Protected
Partner (other than any sale, exchange, transfer or other disposition in which the
transferee’s adjusted basis, as determined for federal income tax purposes, is determined,
in whole or in part, by reference to the adjusted basis, as determined for federal income
tax purposes, of the transferor Indirect Owner), the Protected Units treated as held by such
Protected Partner shall be reduced such that the amount of Protected Units held by such
Protected Partner shall equal the amount of Protected Units that would have been held by the
Indirect Owners in the aggregate, following such event, had the Indirect Owners directly
received Protected Units in the Contribution and the Indirect Owner had either directly
transferred a portion of such Protected Units or died holding such Protected Units (taking
into account all prior transactions involving the death of an Indirect Owner in such
Protected Partner or the sale, exchange, transfer or other disposition of an Indirect
Owner’s equity interest in such Protected Partner (other than a sale, exchange, transfer or
other disposition in which the transferee’s adjusted basis, as determined for federal income
tax purposes, is determined in whole or in part by reference to the adjusted basis, as
determined for federal income tax purposes, of the transferor Indirect Owner)).

     “Qualified Nonrecourse Debt” shall have the meaning set forth in Section 5(a).

     “Qualifying Debt” shall mean indebtedness of the OP, directly or indirectly, provided
that (1) such indebtedness is treated as a “nonrecourse liability” of the OP for purposes of
Section 752 of the Code and the Treasury Regulations thereunder and is secured by property
owned directly or indirectly by the OP, (2) such indebtedness is the most senior
indebtedness secured by the subject property, (3) the subject property securing such
indebtedness has a fair market value at the time that a Guarantee Opportunity of nonrecourse
debt is offered at least equal to 150% of the aggregate amount of all indebtedness secured
by such property or assets, and (4) such indebtedness is not guaranteed by any person other
than a Protected Partner or Indirect Owner.

     “Qualified Guarantee” shall mean a guarantee that (i) is substantially in the form of
Schedule 5, (ii) is a “bottom dollar guarantee” in that the lender for the Guaranteed Debt
is required to pursue all other collateral and security for the Guaranteed Debt (other than
any bottom-dollar guarantees permitted pursuant to the last sentence of this definition)
prior to seeking to collect on such a guarantee, and the lender shall have recourse against
the guarantee only if, and solely to the extent that, the total amount

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recovered by the
lender with respect to the Guaranteed Debt after the lender has
exhausted its remedies as set forth above is less than the aggregate of the Guaranteed
Amounts with respect to such Guaranteed Debt (plus the aggregate amounts of any other
guarantees that are in effect with respect to such Guaranteed Debt at the time the
guarantees are entered into), and the maximum aggregate liability of each Partner Guarantor
for all Guaranteed Debt shall be limited to the amount actually guaranteed by such Partner
Guarantor, (iii) Guaranteed Amounts with respect to the debt will not exceed 50% of the
amount of the Guaranteed Debt outstanding at the time the guarantee is executed, (iv) as to
each Protected Partner that is offered to execute the guarantee, there is no other person
that would be considered to “bear the economic risk of loss,” within the meaning of Treasury
Regulation Section 1.752-2, or would be considered to be “at risk” for purposes of Section
465(b) with respect to that portion of such debt for which such Protected Partner is being
offered to make the guarantee; (iv) is delivered to the lender, (v) the receipt of which is
acknowledged and accepted by the lender, and (vi) is enforceable under the laws of the state
governing the loan and in which the property securing the guaranteed loan is located. If
there are guarantees already in place at the time a Guarantee Opportunity is presented to
the Protected Partners that are pari passu with or at a lower level of risk than the
guarantees being offered, then the amount of such existing guarantees shall be added to the
Guaranteed Amount for purposes of calculating the 50% limitation set forth in clause (iii)
above.

     “Recourse Debt” shall mean the Revolving Credit Facility and any other indebtedness of
the OP, (i) which in all such events is recourse, without limitation, to all the assets of
the OP, (ii) for which the REIT, as general partner of the OP, has personal liability, (iii)
which is not subject or subordinate in any manner to any unsecured indebtedness of the OP
and (iv) which is made by a third-party institutional lender with financial covenants that
are standard for such a loan.

     “Revolving Credit Facility” shall mean that certain Credit Agreement dated as of
__________ __, 2011 by and among the OP, as Borrower, and KeyBank National Association and
certain other parties. .

     “OP Units” shall mean any series of common or preferred Units of the OP.

     “Tax Claim” shall have meaning set forth in Section 11(a).

     “Tax Protection Period” shall mean the period beginning on the Closing Date and ending
on, and including, the earlier of (i) the date that completes seven (7) years after the
Closing Date and (ii) the date on which the number of Protected Units owned directly or
indirectly by members of the Jay Schottenstein Group (not including entities that are
treated as partnerships, S corporations, grantor trusts or disregarded entities for federal
income tax purposes) is equal to less than twenty percent (20%) of the number of Protected
Units owned directly or indirectly by members of the Jay Schottenstein Group (not including
entities that are treated as partnerships, S corporations, grantor trusts or disregarded
entities for federal income tax purposes) as of the Closing Date. The number of Protected
Units owned directly or indirectly by members of the Jay Schottenstein

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Group (not including
entities that are treated as partnerships, S corporations, grantor
trusts or disregarded entities for federal income tax purposes) as of the Closing Date
is approximately 12,040,488.

     2. Restrictions on Dispositions of Protected Properties.

          (a) Subject to Section 2(b), the OP agrees, for the benefit of each Protected Partner and the
Indirect Owners of such Protected Partner that during the Tax Protection Period neither the OP, nor
any entity in which the OP holds a direct or indirect interest, will consummate a sale, transfer,
exchange or other disposition of any Protected Property (a “Protected Property Disposition”) or any
indirect interest therein in a transaction, including a Merger, that results in the recognition by
any Protected Partner, for federal income tax purposes, of all or any portion of its Built-in Gain,
including recognition thereof pursuant to Sections 704(c)(1)(B) or 737 of the Code (and including a
Merger as a result of which a Protected Partner is required to exchange, tender or transfer
Protected Units in a transaction that is partly or wholly taxable for federal income tax purposes).
A disposition shall include a transaction that is deemed to be a disposition for federal income
tax purposes and shall include any transfer, whether, voluntary or involuntary, in a foreclosure
proceeding, pursuant to a deed in lieu of foreclosure or in a bankruptcy proceeding.

          (b) Section 2(a) shall not apply to (i) any transaction which would not result in the
recognition and allocation of any Built-in Gain to any Protected Partner or its Indirect Owners
with respect to Protected Units, such as a transaction which qualifies as a tax-free like-kind
exchange under Code Section 1031 or a tax-free contribution under Code Section 721 or Code Section
351 or a tax-free merger or consolidation of the OP with or into another entity that qualifies for
taxation as a partnership for federal income tax purposes, or (ii) the condemnation or other taking
of all or any portion of any Protected Property by a governmental entity or authority in eminent
domain proceedings or otherwise or a casualty with respect thereto (each, a “Permitted Transfer”).
In the case of a Permitted Transfer described in clause (ii) of this Section 2(b), the OP shall use
good faith commercially reasonable efforts to structure such disposition as either a tax-free
like-kind exchange under Code Section 1031 or other tax-free contribution or tax-free reinvestment
of proceeds under Code Section 1033.

          (c) If at the time of a Permitted Transfer of a Protected Property the property is secured,
directly or indirectly, by Guaranteed Debt, then (i) in the OP’s sole discretion, either such debt
shall be repaid in full or the OP shall obtain from the lenders with respect to such debt a full
and complete release of liability for each such Protected Partner or Indirect Owner from its
guarantee and (ii) if the Tax Protection Period shall not have expired, the OP shall comply with
the requirements of Section 5(e) (treating such repayment or release as a repayment of Guaranteed
Debt).

     3. Indemnity by the OP for Breach of Obligations Set Forth in Section 2.

          (a) In the event that the OP engages in a Protected Property Disposition in breach of its
obligation set forth in Section 2(a), each Protected Partner or Indirect Owner who recognizes all
or any portion of its Built-in Gain with respect to Protected Units as a result of such Protected
Property Disposition shall receive from the OP as damages an amount equal to

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the aggregate federal,
state and local income taxes incurred by such Protected Partner or Indirect
Owner as a result of its recognition of such Built-in Gain plus an additional amount so that,
after the payment by such Protected Partner or Indirect Owner of all taxes on amounts received
pursuant to this Section 3(a), such Protected Partner or Indirect Owner retains from such damage
payments hereunder an amount equal to its total tax liability incurred as a result of the Protected
Property Disposition and its recognition of such Built-in Gain. In the event of a breach of
Section 2(a) hereof resulting in the recognition by any Protected Partner or an Indirect Owner
thereof of all or any portion of its Built-in Gain, the OP shall promptly notify such Protected
Partner in writing of such Protected Property Disposition and of the approximate sales price or
other amount realized for income tax purposes in connection therewith. Within ten (10) days of
receipt of such notice, each Protected Partner shall provide the OP with information regarding the
identity of any Indirect Owners thereof. In addition, the OP shall prepare a computation of the
indemnity payment, if any, owing to such Protected Partner or Indirect Owner under this Section
3(a), which computation shall be delivered to such Protected Partner within ten (10) days after the
date of such breach. Except as provided in the penultimate sentence of Section 3(b), the OP shall
make any required indemnity payment owing to a Protected Partner or Indirect Owner pursuant to this
Section 3(a) no later than ten (10) days after delivery of the computation of the indemnity
payment to the Protected Partner or Indirect Owner. For purposes of the preceding sentence, (i)
all income arising from a transaction or event that is treated as ordinary income under the
applicable provisions of the Code, including all payments under this Section 3(a), shall be treated
as subject to federal, state and local income tax at the effective tax rate imposed on ordinary
income of individuals residing in the city and state of residence of such Protected Partner or
Indirect Owner, determined using the maximum federal rate of tax on ordinary income and the maximum
state and local rates of tax on ordinary income then in effect in such city and state, (ii) all
other income arising from the transaction or event shall be treated as subject to federal, state
and local income tax at the effective tax rate imposed on long-term capital gains of individuals
residing in the city and state of residence of such Protected Partner or Indirect Owner, determined
using the maximum federal, state and local rates on long-term capital gains then in effect
(including for this purpose with respect to any Code Section 1245 or 1250 recapture or any
unrecaptured section 1250 gain, the maximum rate imposed on such income), (iii) any amounts giving
rise to a payment pursuant to this Section 3(a) shall be determined assuming that the transaction
or event giving rise to the OP’s obligation to make a payment was the only transaction or event
reported on the Protected Partner’s or Indirect Owner’s tax return (i.e., without giving effect to
any loss carryovers or other deductions attributable to such Protected Partner or Indirect Owner),
and (iv) any amounts payable with respect to state and local income taxes shall be assumed to be
fully deductible (subject to applicable limitation or phase-out) for federal income tax purposes.
In the case of a corporate Protected Partner, the preceding sentence shall be applied using the
highest marginal rate of tax applicable to corporations for federal income tax purposes and state
and local corporate income or franchise tax purposes. Notwithstanding anything to the contrary set
forth herein, separate tax indemnity payments shall be made to each Protected Partner or Indirect
Owner, as the case may be.

          (b) Notwithstanding any provision of this Agreement to the contrary, the sole and exclusive
rights and remedies of any Protected Partner or Indirect Owner for a breach or violation of the
covenants set forth in Section 2(a) shall be a claim for damages against the OP, computed as set
forth in Section 3(a), and no Protected Partner or Indirect Owner shall be

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entitled to pursue a
claim for specific performance of the covenant set forth in Section 2(a) or
bring a claim against any person that acquires a Protected Property from the OP in violation
of Section 2(a). If the OP has breached or violated the covenant set forth in Section 2(a) (or a
Protected Partner or Indirect Owner asserts that the OP has breached or violated such covenant),
the OP and the Protected Partner or Indirect Owner shall negotiate in good faith to resolve any
disagreements regarding any such breach or violation and the amount of damages, if any, payable to
such Protected Partner or Indirect Owner under Section 3(a). If any such disagreement cannot be
resolved by the OP and such Protected Partner or Indirect Owner within thirty (30) days after such
breach, then to the extent that such disagreement involves an Arbitrable Dispute, the OP and the
Protected Partner or Indirect Owner shall jointly retain a nationally recognized independent public
accounting firm (the “Accounting Firm”) to act as an arbitrator to resolve as expeditiously as
possible such disagreement. All determinations made by the Accounting Firm with respect to the
resolution of any Arbitrable Dispute shall be final, conclusive and binding on the OP and the
Protected Partner and Indirect Owner. The fees and expenses of the Accounting Firm incurred in
connection with any such determination shall be shared equally by the OP and the Protected Partner
or Indirect Owner. In the event that the OP and a Protected Partner or Indirect Owner, each having
acted in good faith and with its or his best efforts to select an Accounting Firm, are unable to
retain an Accounting Firm within sixty (60) days after expiration of the thirty (30) day period
mentioned above, then following the expiration of such sixty (60) day period, any disagreement may
be settled in any court of competent jurisdiction. To the extent that a disagreement between the
OP and a Protected Partner or Indirect Owner thereof described under this Section 3(b) involves
issues other than an Arbitrable Dispute and such disagreement cannot be resolved by the OP and such
Protected Partner or Indirect Owner within the thirty (30) day period mentioned above, such
disagreement may be settled in any court of competent jurisdiction. In the event of any
disagreement as to the amount of liability of the OP to make an indemnity payment hereunder, the OP
shall pay such amount for which it believes it is liable within five (5) days before the due date
of the quarterly estimated tax payment for individuals which next follows the breach of Section
2(a) giving rise to liability hereunder. In the event of a determination, through arbitration, a
judicial proceeding or otherwise, that the amount paid by the OP pursuant to the preceding sentence
exceeded its liability, the recipient of the indemnity payment shall repay such excess to the OP
within five (5) days after such determination.

     4. Section 704(c) Method; Non-Recourse Liability Allocation Method. The OP shall use,
and shall cause any other entity in which the OP has a direct or indirect interest to use, the
“traditional method” under Regulations Section 1.704-3(b) for purposes of making allocations under
Section 704(c) of the Code with respect to each Protected Property to take into account the
book-tax disparities as of the effective time of the Contribution with respect to such Protected
Property and with respect to any revaluation of such Protected Property pursuant to Regulations
Sections 1.704-1(b)(2)(iv)(f), 1.704-1(b)(2)(iv)(g) and 1.704-3(a)(6) with no “curative
allocations,” “remedial allocations” or adjustments to other items to offset the effect of the
“ceiling rule.” The OP will first allocate to each Protected Partner an amount of “excess
nonrecourse liabilities,” as defined in Regulations Section 1.752-3(a)(3), up to the amount of
Built-in Gain that is allocable to such Protected Partner with respect to each property acquired by
the OP pursuant to the Contribution to the extent that each such property is subject to

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nonrecourse
liabilities and such Protected Partner’s Built-in Gain with respect to each such property exceeds
his gain with respect thereto described in Regulations Section 1.752-3(a)(2).

     5. Obligation of the OP to Maintain Certain Debt.

          (a) Subject to paragraphs (c) through (f) of this Section 5, the OP agrees to maintain at all
times through the Tax Protection Period, directly or indirectly and on a continuous basis, an
amount of “qualified nonrecourse indebtedness” (within the meaning of Code Section 465(b)(6)(B))
(“Qualified Nonrecourse Debt”) so as to cause the amount of OP liabilities allocated to each
Protected Partner for purposes of Section 752 of the Code to be not less than such Protected
Partner’s Minimum Liability Amount and to cause the amount of OP liabilities with respect to which
each Protected Partner will be considered to be “at risk” for purposes of Section 465 of the Code
to be not less than such Protected Partner’s Minimum Liability Amount.

          (b) (i) Notwithstanding anything to the contrary in this Agreement, but subject to Section
5(b)(ii) and (iii) below, the OP may satisfy up to 40% of its obligations under Section 5(a) by
instead making available to each Protected Partner, in the manner described in Section 5(b)(ii)
below, the opportunity (a “Guarantee Opportunity”) to either (A) enter into a DRO or (B) make a
Qualified Guarantee (or, at the option of such Protected Partner, allow its Indirect Owners to make
Qualified Guarantees) of Qualifying Debt in such amount or amounts so as to cause the amount of OP
liabilities allocated to such Protected Partner for purposes of Section 752 of the Code to be not
less than such Protected Partner’s Minimum Liability Amount and to cause the amount of OP
liabilities with respect to which such Protected Partner will be considered to be “at risk” for
purposes of Section 465 of the Code to be not less than such Protected Partner’s Minimum Liability
Amount.

               (ii) In order to make a Guarantee Opportunity available to a Protected Partner, the OP shall
send by first class certified mail to the last known address of such Protected Partner (as
reflected in the records of the OP) a letter explaining that it is making a Guarantee Opportunity
available pursuant to this Section 5(b) and the circumstances giving rise to the Guarantee
Opportunity. The letter shall contain a brief summary of the terms of the indebtedness to be
guaranteed (or, in the case of a DRO, the terms of the OP recourse debt), a brief description of
the collateral for the indebtedness and a statement of the amount to be guaranteed (or, in the case
of a DRO, the amount of DRO being made available). Included with the letter shall be a guarantee
agreement (or consent to DRO form) to be executed, together with the address to which the executed
guarantee agreement (or consent to DRO form) must be sent and the date by which it must be
received, which shall be not less than thirty (30) days after such letter is sent. To the extent
that a Guarantee Opportunity is made available to a Protected Partner in accordance with this
Agreement and such Protected Partner and its Indirect Owners (in the case of a Guarantee
Opportunity described in Section 5(b)(iii)) do not avail themselves of the Guarantee Opportunity by
the time indicated such letter, such Protected Partner’s Minimum Liability Amount shall thereupon
be reduced.

               (iii) If in response to an offer to Protected Partners of the opportunity to make a Qualified
Guarantee, a Protected Partner requests of the OP in writing that such offer should be made
available to its Indirect Owners (the Protected Partners acknowledge that only

10

 

holders of OP Units
can enter into a DRO), and (y) together with such request such Protected Partner provides the OP
with the identities and addresses of the Indirect Owners to whom such offer shall be made and such
Indirect Owners’ allocable portions of the opportunity offered to
such Protected Partner, then the OP shall offer such opportunity to such Indirect Owners in
the amounts requested by such Protected Partner. If the offer by the OP to the Indirect Owners is
made within two (2) days after the date on which the Protected Partner sends its request to the OP,
then the date by which acceptance of the opportunity shall be due from the Indirect Owners shall be
the same as the date that was due from the Protected Partner. To the extent that the offer is made
to the Indirect Owners more than two (2) after the Protected Partner sends its request to the OP,
the date by which acceptance of the offer by the Indirect Owners shall be due shall be equally
extended.

          (c) The OP makes no representation or warranty to any Protected Partner or Indirect Owner that
receiving an allocation of Qualified Nonrecourse Debt pursuant to Section 5(a) hereof or providing
a guarantee or entering into a DRO pursuant to Section 5(b) hereof shall be respected for federal
income tax purposes as providing such Protected Partner or Indirect Owner with an allocation of
recourse liabilities for purposes of Code Section 752 or as causing such Protected Partner or
Indirect Owner to be “at risk” with respect to liabilities for purposes of Code Section 465;
provided, however, that the OP shall not take any tax position contrary to such position except as
may be permitted under paragraph (d) below.

          (d) Absent a determination to the contrary by the Internal Revenue Service or a court and
subject to paragraph (e) below, all tax returns prepared by the OP that allocate liabilities of the
OP for purposes of Section 752 and the Treasury Regulations thereunder shall treat each Protected
Partner as being allocated for federal income tax purposes an amount of recourse debt (in addition
to any nonrecourse debt otherwise allocable to such Protected Partner in accordance with the
Partnership Agreement and Treasury Regulation Section 1.752-3 and any other recourse liabilities
allocable to such Partner Guarantor by reason of guarantees or other arrangements entered into
other than pursuant to this Agreement) pursuant to Treasury Regulation Section 1.752-2 equal to the
sum of the amounts of all guarantees entered into by such Partner and DROs undertaken by such
Protected Partner pursuant to this Agreement, and the OP and the REIT shall not take any contrary
or inconsistent position in any federal, state or local income tax returns (including, without
limitation, information returns, such as Schedule K-1s, provided to partners in the OP and returns
of entities in which the OP owns a direct or indirect interest) or in any administrative or
judicial proceeding. Notwithstanding the foregoing, the OP shall not be required to make
allocations of Guaranteed Debt or other recourse debt of the OP to the Protected Partners as set
forth in this Agreement if and to the extent there has been a judicial determination in a
proceeding to which the OP was a party and as to which the Protected Partners have been allowed to
participate as and to the extent contemplated in Section 11 to the effect that such allocations are
not correct. In no event shall this Section 5(d) be construed to relieve the OP from any liability
arising from a failure by the OP to comply with one or more of the provisions of this Section 5.

          (e) The OP shall not, at any time during the Tax Protection Period, repay or refinance all or
any portion of any Guaranteed Debt or otherwise take any action that would result in a decrease in
the amount of OP liabilities allocated to a Protected Partner or Indirect

11

 

Owner as a result of its
guarantee thereof pursuant to Section 5, unless the OP, not less than thirty (30) days prior to
such repayment, refinancing or other action, provides the applicable Protected Partner with a
Guarantee Opportunity in an amount sufficient to replace the decrease in allocation of liabilities
pursuant to Section 752 of the Code that would otherwise result.

          (f) In the event that a Protected Partner has elected to enter into a DRO, the OP will
maintain outstanding at all times indebtedness of the OP that is Recourse Debt in an amount equal
to or greater than the sum of the LP Recourse Amounts of all partners of the OP, unless the OP, not
less than thirty (30) days prior to any repayment or other action that would violate the foregoing
requirement, provides such Protected Partner with a Guarantee Opportunity in an amount sufficient
to replace the decrease in allocation of liabilities pursuant to Section 752 of the Code that would
otherwise result.

          (g) The OP covenants that (A) it will comply with the requirements set forth in Section 2(c)
upon any disposition of any collateral for a Guaranteed Debt, whether during or following the Tax
Protection Period, (B) it will not at any time, whether during or following the Tax Protection
Period, pledge the collateral for a Guaranteed Debt to secure any other indebtedness (unless such
other indebtedness is, by its terms, subordinate in all respects to the Guaranteed Debt for which
such collateral is security) or otherwise voluntarily dispose of or reduce the amount of such
collateral unless either (i) after giving effect thereto the debt would continue to be Qualified
Debt and the Guarantee would continue to be a Qualified Guarantee, or (ii) the OP (x) obtains from
the lender with respect to the original Guaranteed Debt a full and complete release of release of
liability for each Protected Partner or Indirect Owner from its guarantee of such indebtedness
unless such Protected Partner or Indirect Owner expressly requests that it not be released, and (y)
if the Tax Protection Period has not expired, offers to each such Protected Partner or Indirect
Owner, not less than thirty (30) days prior to such pledge or disposition, a Guarantee Opportunity
in an amount equal to the amount of its guarantee being so released, and (C) it will not offer or
make available to any person or entity other than a Protected Partner or Indirect Owner the
opportunity to guarantee any Guaranteed Debt .

     6. Indemnity by the OP for Breach of Obligations set forth in Sections 4 and
5.

          (a) In the event that the OP breaches its obligations set forth in Section 4 or 5, each
Protected Partner or Indirect Owner who recognizes additional income as a result of a breach with
respect to Section 4 or Nonrecourse Built-in Gain as a result of a breach with respect to Section 5
shall receive from the OP as damages an amount equal to the aggregate federal, state and local
income taxes incurred by such Protected Partner or Indirect Owner as a result of such additional
income or Nonrecourse Built-in Gain recognized by such Protected Partner or Indirect Owner by
reason of such breach, plus an additional amount so that, after the payment by such Protected
Partner or Indirect Owner of all taxes on amounts received pursuant to this Section 6(a), such
Protected Partner or Indirect Owner retains from such damage payments hereunder an amount equal to
its total tax liability incurred as a result of such breach. The principles and tax rates set
forth in Section 3(a) shall apply for purposes of determining the timing and amount of payment to
be made to a Protected Partner or Indirect Owner pursuant to this Section 6(a). The OP shall be
considered to have satisfied its obligations under Section 5, and therefore shall have no liability
under this Section 6(a) for breach of such Section 5, to the extent that it offers a

12

 

Protected
Partner a Guarantee Opportunity in accordance with Section 5(b) and such Protected Partner and,
where applicable, its Indirect Owners, fail to timely accept such Guarantee Opportunity.
Notwithstanding anything to the contrary set forth herein, the failure of one or more Protected
Partners or Indirect Owners to accept a Guarantee Opportunity shall not affect the OP’s obligation
to the remaining Protected Partners and Indirect Owners.

          (b) Notwithstanding any provision of this Agreement to the contrary, the sole and exclusive
rights and remedies of any Protected Partner or Indirect Owner for a breach or violation of the
covenants set forth in Sections 4 and 5 shall be a claim for damages against the OP, computed as
set forth in Section 6(a), and no Protected Partner or Indirect Owner shall be entitled to pursue a
claim for specific performance of the covenants set forth in Sections 4 and 5. If the OP has
breached or violated the covenants set forth in Sections 4 or 5 (or a Protected Partner or Indirect
Owner asserts that the OP has breached or violated such covenants), the OP and the Protected
Partner or Indirect Owner agree to negotiate in good faith to resolve any disagreements regarding
any such breach or violation and the amount of damages, if any, payable to such Protected Partner
or Indirect Owner under Section 6(a). If any such disagreement cannot be resolved by the OP and
such Protected Partner or Indirect Owner within thirty (30) days after such breach, then to the
extent that such disagreement involves an Arbitrable Dispute, the OP and the Protected Partner
shall jointly retain an Accounting Firm to act as an arbitrator to resolve as expeditiously as
possible such disagreement. All determinations made by the Accounting Firm with respect to
resolution of any Arbitrable Dispute shall be final, conclusive and binding on the OP and the
Protected Partner or Indirect Owner. The fees and expenses of any Accounting Firm incurred in
connection with any such determination shall be shared equally by the OP and the Protected Partner
or Indirect Owner. In the event that the OP and a Protected Partner or Indirect Owner, each having
acted in good faith and with its or his best efforts to select an Accounting Firm, are unable to
retain an Accounting Firm within sixty (60) days after the thirty (30) day period mentioned above,
following the expiration of such sixty (60) day period, any disagreement may be settled in any
court of competent jurisdiction. To the extent that a disagreement between the OP and a Protected
Partner or Indirect Owner described under this Section 6(b) involves issues other than an
Arbitrable Dispute and such disagreement cannot be resolved by the OP and such Protected Partner or
Indirect Owner within the thirty (30) day period mentioned above, such disagreement may be settled
in any court of competent jurisdiction.

          (c) The Protected Partners acknowledge that the OP may rely on information provided to the OP
and its accountants for purposes of determining the amount of debt allocated to the Protected
Partners under Section 752 of the Code and the Treasury Regulations thereunder, including
information relating to the adjusted tax basis of the Properties. The OP shall not have any
liability hereunder to the extent that any Protected Partner or any Indirect Owner thereof
recognizes Nonrecourse Built-in Gain or otherwise suffers any damages as a result of the inaccuracy
of any such information, and the Protected Partners on behalf of themselves and their Indirect
Owners hereby unconditionally and irrevocably release the OP from and against any such liability in
such event.

     7. Requests for Information. The OP agrees to provide the Protected Partners with such
information (“Debt Allocation Information”) as is reasonably available to the OP

13

 

regarding
allocations of the OP’s indebtedness under Section 752 of the Code and the Treasury Regulations
thereunder, as such Protected Partners may reasonably request. All such information acquired by
the Protected Partners or any Indirect Owners thereof or their representatives shall not be
disclosed to any individual or entity other than (x) those representatives of the Protected
Partners and such Indirect Owners who need to know such information for the purpose of assisting
them in evaluating their rights under this Agreement, (y) as required by applicable law or (z) if
necessary, upon the advice of counsel, in order to comply
with any judicial order, civil or criminal subpoena or any discovery demand in pending
litigation, whether or not the Protected Partner, the Indirect Owner or any of its respective
representatives is a party thereto.

     8. Third Party Beneficiaries. The OP acknowledges, agrees and confirms that every
Protected Partner and Indirect Owner thereof is an intended third party beneficiary of the
provisions of this Agreement during the period that such person remains a Protected Partner or
Indirect Owner thereof. Notwithstanding the foregoing, Indirect Owners shall communicate with the
OP only through their respective Protected Partners.

     9. Preparation of Schedules. The Protected Partners shall prepare and complete
Schedules 2, 3 and 4 in good faith and on an estimated basis on or before the Closing Date and
shall finalize such Schedules on or before December 31, 2011.

     10. Tax Proceedings.

          (a) If any claim, demand, assessment (including a notice of proposed assessment) or other
assertion is made with respect to taxes against the Protected Partners or the Partnership the
calculation of which involves a matter covered in this Agreement or the tax treatment of the
Contribution (a “Tax Claim”), or if the REIT or the Partnership receives any notice from any
jurisdiction with respect to any current or future audit, examination, investigation or other
proceeding (a “Proceeding”) involving the Protected Partners or the Partnership or that otherwise
could involve a matter covered in this Agreement and could directly or indirectly affect the
Protected Partners (adversely or otherwise), then the REIT or the Partnership, as applicable, shall
promptly notify the Protected Partners of such Tax Claim or Proceeding, but in no event later than
twenty (20) business days after receipt of such notice.

          (b) The REIT, as the general partner of the OP, shall have the right to control the defense,
settlement or compromise of any Proceeding or Tax Claim; provided, however, that the OP shall keep
the Protected Partners duly informed of the progress thereof to the extent that such Proceeding or
Tax Claim could directly or indirectly affect (adversely or otherwise) the Protected Partners, and
provided further that that the Protected Partners shall have the right to review and comment on any
and all submissions made to the Internal Revenue Service, a court, or other governmental body with
respect to such Tax Claim or Proceeding and that the OP shall consider such comments in good faith.

     11. Section 754 Election. At the request of any Protected Partner or any Indirect
Owner thereof, the OP shall make an election under Code Section. The OP shall not revoke or
attempt to revoke such election without the prior written consent of the Protected Partners or
Indirect Owners making such request. In the event that such an election by the OP shall be in

14

 

effect not as the result of a request by a Protected Partner or Indirect Owner, the OP shall not
revoke or attempt to revoke such election without the prior written consent of all the Protected
Partners.

          12. General Provisions.

          (a) Notices. All notices, requests, claims, demands and other communications under
this Agreement shall be in writing and shall be deemed given if delivered personally, sent by
overnight courier (providing proof of delivery) or sent by telecopy (providing confirmation of
transmission) to the parties at the following addresses or telecopy numbers (or at such other
address or telecopy number for a party as shall be specified by like notice):

	 	(i)	 	if to the OP, to:
	 
	 	 	 	c/o Schottenstein Realty Trust, Inc.

4300 East Fifth Avenue, Columbus OH 43219

Attn: Mr. Ben Kraner

Fax No.: (614) 449-4360
	 
	 	 	 	with a copy to:
	 
	 	 	 	c/o Schottenstein Realty Trust, Inc.

4300 East Fifth Avenue, Columbus OH 43219

Attn: Tod Friedman, Esq.

Fax No.: (614) 443-0972
	 
	 	 	 	and
	 
	 	 	 	Greenberg Traurig, LLP

77 West Wacker Drive

Suite 3100

Chicago, IL 60601

Attn: Corey Light, Esq.

Fax No.: (312) 456-8435
	 
	 	(ii)	 	if to a Protected Partner, to the address on file with the OP.

          (b) Successors and Assigns. This Agreement shall be binding upon and shall inure to
the benefit of the Protected Partners. This Agreement shall be binding upon the REIT, the OP and
any entity that is a direct or indirect successor, whether by Merger, spin-off or otherwise, to all
or substantially all of the assets of either the REIT or the OP (or any prior successor thereto as
set forth in the preceding portion of this sentence), provided that none of the foregoing shall
result in the release of liability of the REIT and the OP hereunder. The REIT and the OP covenant
with and for the benefit of the Protected Partners not to undertake (directly or

15

 

indirectly) any
transfer of all or substantially all of the assets of either entity (whether by Merger, spin-off or
otherwise) unless the transferee has in writing acknowledged and agreed to be bound by this
Agreement, provided further that the foregoing shall not be deemed to permit any transaction
otherwise prohibited by this Agreement.

          (c) Amendment. This Agreement may not be amended, directly or indirectly (including by
reason of a merger between the Partnership and another entity) except by a written instrument
signed by the REIT, as general partner of the Partnership, and each of the Protected Partners.

          (d) Counterparts. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective when one or more
counterparts have been signed by each of the parties and delivered to the other party.

          (e) Governing Law. 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 PRINCIPLES OF CONFLICT OF LAWS THEREOF.

16

 

     IN WITNESS WHEREOF, the OP, the REIT and the Protected Partners have duly executed this
Agreement as of the date first written above.

	 	 	 	 	 	 	 	 	 

	 	 	SCHOTTENSTEIN REALTY LP	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By: Schottenstein Realty Trust, Inc., general partner	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SCHOTTENSTEIN REALTY TRUST, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Benton Kraner	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	GSH MIAMI, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY L. SCHOTTENSTEIN 1983 DISCRETIONARY TRUST	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

1

 

	 	 	 	 	 	 	 	 	 

	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY L. SCHOTTENSTEIN DESCENDANTS TRUST - 2009	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	Jeffrey Gould	 	 
	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Jonathan Schottenstein	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	Joseph A. Schottenstein	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	JUBILEE LIMITED PARTNERSHIP	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JUBILEE LIMITED PARTNERSHIP III	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LORI SCHOTTENSTEIN 1984 DISCRETIONARY TRUST	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Mark Ungar	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SAUL SCHOTTENSTEIN 2002 TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

2

 

	 	 	 	 	 	 	 	 	 

	 	 	SAUL SCHOTTENSTEIN SUBCHAPTER S TRUST #4	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SCHOTTENSTEIN PROPERTY GROUP, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

3

 

	 	 	 	 	 	 	 	 	 

	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Tod H. Friedman	 	 

4

 

Schedule 1

Protected Partners

Benton Kraner

GSH Miami, LLC

Jay L. Schottenstein 1983 Discretionary Trust

Jay Schottenstein 2009 Subchapter S Trust No. 1

Jay Schottenstein 2009 Subchapter S Trust No. 2

Jay Schottenstein 2009 Subchapter S Trust No. 3

Jay L. Schottenstein Descendants Trust — 2009

Jeffrey Gould

Jonathan Schottenstein

Joseph A. Schottenstein

Jubilee Limited Partnership

Jubilee Limited Partnership III

Lori Schottenstein 1984 Discretionary Trust

Mark Ungar

Saul Schottenstein 2002 Trust #1

Saul Schottenstein Subchapter S Trust #4

Schottenstein Property Group, Inc.

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3

The Saul Schottenstein 1984-2011 Trust #1

The Saul Schottenstein 1984-2011 Trust #2

The Saul Schottenstein 1984-2011 Trust #3

Tod H. Friedman

1

 

Schedule 2

Protected Properties

	 	 	 
	Property #	 	Name
	1510	 	Colerain Hills Shopping Center

	1950	 	TJ Maxx Centre

	2211	 	Morse & Tamarack Shopping Center

	2614	 	Golden Triangle Mall

	2619	 	Woodyard Crossing

	2622	 	Ruther Glen Warehouse

	2636	 	Sun Center

	2642	 	Springdale Plaza

	2646	 	Crossing Shopping Center

	2654	 	Shoppes at Rivergate

	4911	 	Lafayette Center

	4913	 	Greenwood Pavilion

	6110	 	Crossings at Hobart

	8000	 	The Columbus Aircenter

1

 

Schedule 3

Built-in Gain

(Estimated Amounts)

	 	 	 	 	 
	Protected Partner	 	Built In Gain
	[Names]
	 	 	       —        	 
	 
	[INSERT
SCHEDULE FOR EACH PROPERTY]

	 

1

 

Schedule 4

Minimum Liability Amount

	 	 	 	 	 
	Protected Partner	 	Minimum Liability Amount	 
	GSH Miami, LLC
	 	$	100,000	 
	 
	 	 	 	 
	Jay L. Schottenstein 1983 Discretionary Trust
	 	 	8,000,000	 
	 
	 	 	 	 
	Jay L. Schottenstein Descendants Trust - 2009
	 	 	820,000	 
	 
	 	 	 	 
	Jonathan Schottenstein
	 	 	400,000	 
	 
	 	 	 	 
	Joseph A. Schottenstein
	 	 	600,000	 
	 
	 	 	 	 
	Jubilee Limited Partnership III
	 	 	1,290,000	 
	 
	 	 	 	 
	Lori Schottenstein 1984 Discretionary Trust
	 	 	4,325,000	 
	 
	 	 	 	 
	Saul Schottenstein 2002 Trust #1
	 	 	880,000	 
	 
	 	 	 	 
	Saul Schottenstein Subchapter S Trust #4
	 	 	440,000	 
	 
	 	 	 	 
	Schottenstein Property Group, Inc.
	 	 	250,000	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #1
	 	 	1,366,667	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #2
	 	 	1,366,667	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #3
	 	 	1,366,666	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #1
	 	 	5,113,333	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #2
	 	 	5,113,333	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #3
	 	 	5,113,334	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #1
	 	 	1,151,667	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #2
	 	 	1,151,667	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #3
	 	 	1,151,666	 
	 
	 	 	 
	 
	 	 	 	 
	 
	 	$	40,000,000	 
	 
	 	 	 

1

 

Schedule 5

Form of Guarantee Agreement For Secured Nonrecourse Indebtedness

GUARANTEE OF COLLECTIBILITY AGREEMENT

     THIS GUARANTEE AGREEMENT (“Guarantee”), is dated as of _________, between each of the
undersigned Persons identified on Schedule 1 attached hereto (the “Guarantors”), and [LENDER] (the
“Guaranteed Party”).

     WHEREAS, [BORROWER] (“Maker”), is indebted to the Guaranteed Party in the sum of [LOAN AMOUNT]
(the “Loan”), as evidenced by a certain promissory note (the “Note”), which is secured by a first
mortgage lien (the “Mortgage”) on certain property of the Maker (the “Properties” and individually,
a “Property”). [Add description of Qualifying Debt.] The Note, the Mortgage and all other
instruments, whether now existing or hereafter arising, evidencing or securing the Loan or any
extension or modification thereof, as each such document has been or may hereafter be amended or
modified, are collectively referred to herein as the “Loan Documents.”

     WHEREAS, the Guarantors hold limited partnership interests (“OP Units”), directly or
indirectly, in Schottenstein Realty LP, a Delaware limited partnership.

     WHEREAS, the Guarantors desire to guarantee collection of a portion of the principal amount of
the Note not in excess of [Guaranteed Amount] (the “Guaranteed Amount”).

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, and intending to be legally bound hereby, Guarantors agree as follows:

     1. Guarantee and Limitation on Liability.

     A. The Guarantors, pursuant to this Guarantee, hereby unconditionally guarantee to the
Guaranteed Party, subject to the terms of this Paragraph 1 below, full payment of all of the
Maker’s obligations for the repayment of the principal amount outstanding under the Note as
of the date hereof (the “Guaranteed Obligations”).

     B. Notwithstanding anything to the contrary contained in this Guarantee: (i) each
Guarantor’s liability under this Guarantee shall be limited to the lesser of (x) the actual
principal amount outstanding under the Note and (y) the amount(s) set forth next to such
Guarantor’s name on Schedule 2 attached hereto, as the same may be amended from time to
time; (ii) the amounts payable by each Guarantor in respect of the Guaranteed Obligations
shall be in the same proportion as the amount listed next to such Guarantor’s name on
Schedule 2 bears to the Guaranteed Amount; and (iii) no demand shall be made under this
Guarantee (1) unless and until an event of default under the Loan Documents has occurred and
is continuing and the Guaranteed Party has accelerated the Loan and (A) either foreclosed on
the Mortgage and exercised the powers of sale thereunder or accepted a deed to the
Properties in lieu of foreclosure of its indebtedness and (B)

 

 

proceeded against and exhausted all remedies, whether at law or in equity, available to
the Guaranteed Party against the Maker, any collateral securing the Loan (including but not
limited to the assets of the Maker other than the Properties against which the Guaranteed
Party has recourse pursuant to the Loan Documents); and (2) except as and to the extent that
the Guaranteed Amount is in excess of the Maker Proceeds (as hereinafter defined).

     C. For the purposes of this Guarantee, the term “Maker Proceeds” shall mean the
aggregate of the Foreclosure Proceeds (as hereinafter defined) plus all other amounts
collected from the Maker or realized from the sale of assets of the Maker other than the
Properties by the Guaranteed Party in repayment of the Note.

     D. For the purposes of this Guarantee, the term “Foreclosure Proceeds” shall have the
applicable meaning set forth below with respect to a Property:

     1. If at least one bona fide third party unrelated to the Guaranteed Party (and
including, without limitation, any of the Guarantors) bids for such Property at a
sale thereof, conducted upon foreclosure of the related Mortgage or exercise of the
power of sale thereunder, Foreclosure Proceeds shall mean the highest amount bid for
such Property by the party that acquires title thereto (directly or through a
nominee) at or pursuant to such sale. For the purposes of determining such highest
bid, amounts bid for the Property by the Guaranteed Party shall be taken into
account notwithstanding the fact that such bids may constitute credit bids which
offset against the amount due to the Guaranteed Party under the Note.

     2. If there is no such unrelated third party at such sale of the Property so
that the only bidder at such sale is the Guaranteed Party or its designee, the
Foreclosure Proceeds shall be deemed to be the fair market value (the “Fair Market
Value”) of the Property as of the date of the foreclosure sale, as such Fair Market
Value shall be mutually agreed upon by the Guaranteed Party and the Guarantors or
determined pursuant to Paragraph 1.E.

     3. If the Guaranteed Party receives and accepts a deed to the Property in lieu
of foreclosure in partial satisfaction of Maker’s obligations under the Note, the
Foreclosure Proceeds shall be deemed to be the Fair Market Value of such Property as
of the date of delivery of the deed-in-lieu of foreclosure, as such Fair Market
Value shall be mutually agreed upon by the Guaranteed Party and the Guarantors or
determined pursuant to Paragraph 1.E.

     E. Fair Market Value of a Property shall be the price at which a willing seller not
compelled to sell would sell such Property, and a willing buyer not compelled to buy would
purchase the Property, free and clear of all mortgages but subject to all leases and
reciprocal easements and operating agreements. If the Guaranteed Party and Guarantors are
unable to agree upon the Fair Market Value of a Property in accordance with subparagraphs
1.D.2 or 3 above, as applicable, within twenty (20) days after the date of the foreclosure
sale or the delivery of the deed-in-lieu of foreclosure, as applicable,

2

 

relating to a Property, either party may have the Fair Market Value of a Property
determined by appraisal by appointing an appraiser having the qualifications set forth below
to determine the same and by notifying the other party of such appointment within twenty
(20) days after the expiration of such twenty (20) day period. If the other party shall
fail to notify the first party, within twenty (20) days after its receipt of notice of the
appointment by the first party, of the appointment by the other party of an appraiser having
the qualifications set forth below, the appraiser appointed by the first party shall alone
make the determination of such Fair Market Value. Appraisers appointed by the parties shall
be members of the Appraisal Institute (MAI) and shall have at least ten years’ experience in
the valuation of properties similar to the Property being valued in the greater metropolitan
area in which such Property is located. If each party shall appoint an appraiser having the
aforesaid qualifications and such two appraisers cannot, within thirty (30) days after the
appointment of the second appraiser, agree upon the determination hereinabove required, then
they shall select a third appraiser which third appraiser shall have the aforesaid
qualifications, and if they fail so to do within forty (40) days after the appointment of
the second appraiser they shall notify the parties hereto, and either party shall thereafter
have the right, on notice to the other, to apply for the appointment of a third appraiser to
the chapter of the American Arbitration Association or its successor organization located in
the metropolitan area in which the Property is located or to which the Property is proximate
or if no such chapter is located in such metropolitan area, in the metropolitan area closest
to the Property in which such a chapter is located. Each appraiser shall render its
decision as to the Fair Market Value of the Property in question within thirty (30) days
after the appointment of the third appraiser and shall furnish a copy thereof to the
Guaranteed Party and Guarantors. The Fair Market Value of the Property shall then be
calculated as the average of (i) the Fair Market Value determined by the third appraiser and
(ii) whichever of the Fair Market Values determined by the first two appraisers is closer to
the Fair Market Value determined by the third appraiser; provided, however, that if the Fair
Market Value determined by the third appraiser is higher or lower than both Fair Market
Values determined by the first two appraisers, such Fair Market Value determined by the
third appraiser shall be disregarded and the Fair Market Value of the Property shall then be
calculated as the average of the Fair Market Value determined by the first two appraisers.
The Fair Market Value of a Property as so determined shall be binding and conclusive upon
the Guaranteed Party and Guarantors. Each party shall bear the cost of its own appraiser and
the cost of appointing, and the expenses of, the third appraiser shall be shared equally by
the Guaranteed Party and Guarantors.

     2. Waivers: Other Agreements.

     The Guaranteed Party is hereby authorized, without notice to or demand upon Guarantors, which
notice or demand is expressly waived hereby, and without discharging or otherwise affecting the
enforceability of the obligations of the Guarantors hereunder (which shall remain absolute and
unconditional notwithstanding any such action or omission to act), from time to time to:

     (i) waive or otherwise consent to noncompliance with any provision of the Note or
Mortgage, or any part thereof, or any other instrument or agreement in respect of

3

 

the Guaranteed Obligations now or hereafter executed by Maker or any other person and
delivered to the Guaranteed Party;

     (ii) accept partial payments on the Guaranteed Obligations by Maker;

     (iii) receive, take and hold additional security or collateral for the payment of the
Guaranteed Obligations or for the payment of this Guarantee, or for the payment of any other
guarantees of the Guaranteed Obligations, and exchange, enforce, waive, substitute,
liquidate, terminate, abandon, fail to perfect, subordinate, transfer, or otherwise alter or
release any such additional security or collateral;

     (iv) apply any and all such security or collateral and direct the order or manner of
sale thereof as the Guaranteed Party may determine in its sole discretion;

     (v) settle, release, compromise, collect or otherwise liquidate the Guaranteed
Obligations or accept, substitute, release, exchange or otherwise alter, affect or impair
any Mortgage or any other security or collateral for the Guaranteed Obligations or any other
guarantee therefore, in any manner;

     (vi) add, release or substitute any one or more other guarantors, makers or endorsers
of the Guaranteed Obligations and otherwise deal with Maker or any other guarantor as the
Guaranteed Party may elect in its sole discretion; and

     (vii) apply any and all payments or recoveries from Maker, Guarantors or from any other
guarantor of the Guaranteed Obligations, to such of the Guaranteed Obligations as the
Guaranteed Party in its sole discretion may determine, whether such Guaranteed Obligations
are secured or unsecured or guaranteed or not guaranteed by others.

     3. No Right of Subrogation. Until payment in full of the Guaranteed Obligations, the
Guarantors shall have no right of subrogation or indemnification whatsoever, whether by contract,
at law, in equity or otherwise, with respect to the Guaranteed Obligations and hereby waive any and
all rights of subrogation and indemnification prior to such payment in full and any right to assert
or enforce any remedy with respect thereto which the Guarantors or any of them now or hereafter may
have against the Maker, any partner (whether general or limited) or member of the Maker and any
other person or entity.

     4. Release of Guarantee; Substitution. In the event that (a) Guarantor disposes of
all of his, her or its OP Units [or otherwise desires to be released from this Guarantee], at a
time when there is not a default with respect to any payment due under the Note and the ratio of
the outstanding balance of the Guaranteed Obligations to the appraised value of the Properties is
not greater than 80% (the “Ratio Test”) or (b) a Guarantor dies, then, upon request by such
Guarantor (or his or her estate), such Guarantor (or estate) shall be released from all liability
hereunder (and his, her or its Guaranteed Obligation shall be reduced to zero). Notwithstanding
the foregoing, the occurrence of an event described in clause (a) or (b) above shall not release a
Guarantor (or its estate) from any payment obligation it incurred prior to the occurrence of such
event. Guarantor (or its estate) may, at its option, elect to substitute another person who is
related to the Guarantor (or its estate) (within the meaning of Treasury Regulation section 1.752-

4

 

4(b)) to serve as Guarantor hereunder, provided that such person has a net worth at the time
of such substitution of not less than the net worth of the existing Guarantor hereunder at the time
of such substitution and there is no default under the Loan Documents with respect to any payment
due at the time of such substitution. In the event of such substitution, the existing Guarantor
hereunder shall be released from all liability upon delivery to Lender of a guarantee in the form
of this Guarantee executed by such substituted person.

     5. Miscellaneous.

     A. This Guarantee is irrevocable as to any and all of the Guaranteed Obligations until
the earliest date (the “Termination Date”) that, as a result of a repayment, compromise or
adjustment of a principal amount of the Note, the total principal amount outstanding under
the Note is reduced by an amount equal to or greater than the Guaranteed Amount, or if the
Maker incurs indebtedness senior to, or pari passu with the Note, provided that the
obligations of the Guarantors hereunder shall continue after the Termination Date to the
extent of any claims that are attributable fully and solely to an event or action that
occurred before the Termination Date.

     B. This Guarantee is binding on the Guarantors and their successors and assigns, and
inures to the benefit of the Guaranteed Party.

     C. No delay on the part of the Guaranteed Party in the exercise of any right or remedy
shall operate as a waiver thereof, and no single or partial exercise or waiver by the
Guaranteed Party of any right or remedy shall preclude any further exercise thereof, nor
shall any modification or waiver of any of the provisions of this Guarantee be binding upon
the Guaranteed Party, except as expressly set forth in a writing duly signed or delivered by
the Guaranteed Party or on the Guaranteed Party’s behalf by an authorized officer or agent
of the Guaranteed Party. The Guaranteed Party’s failure at any time or times hereafter to
require strict performance by Maker, Guarantors or any other person of any of the
provisions, warranties, terms and conditions contained in any security agreement,
agreements, guarantee, instrument or document now or at any time or times hereafter executed
by Maker or Guarantors or delivered to the Guaranteed Party shall not waive, affect or
diminish any right of the Guaranteed Party at any time or times hereafter to demand strict
performance thereof and such right shall not be deemed to have been waived by any act or
knowledge of the Guaranteed Party, its agents, officers, or employees, unless such waiver is
contained in an instrument in writing signed by an officer or agent of the Guaranteed Party
and directed to Maker or Guarantors, or either of them (as the case may be) specifying such
waiver. No waiver by the Guaranteed Party of any default shall operate as a waiver of any
other default or the same default on a future occasion, and no action by the Guaranteed
Party permitted hereunder shall in any way affect or impair the Guaranteed Party’s rights or
the obligations of Guarantors under this Guarantee.

     D. This Guarantee shall be interpreted and the rights and liabilities of the parties
hereto determined in accordance with the laws (other than the conflicts of law provisions)
of the State of [state law governing other loan documents]. The rights and obligations
contained in this Guarantee are intended to cause the Guarantors or a person

5

 

related to the Guarantors (within the meaning of Treasury Regulation section
1.752-4(b)) who is a partner in Schottenstein Realty LP to bear or to be treated as bearing
the economic risk of loss (within the meaning of Treasury Regulation section 1.752-2) with
respect to the Loan to the extent of the amount of the aggregate Guaranteed Obligations and
shall be interpreted consistently therewith.

     E. This Guarantee contains all the terms and conditions of the agreement between the
Guaranteed Party and Guarantors. The terms and provisions of this Guarantee may not be
waived, altered, modified or amended except in writing duly executed by the party to be
charged thereby.

     F. Any notice shall be directed to the parties at the following addresses:

     If to Guarantors:

     If to the Guaranteed Party:

6exv10w8

Exhibit 10.8

 

 

SECOND AMENDED AND RESTATED

CONTRIBUTION AGREEMENT

 

 

 

TABLE OF CONTENTS

	 	 	 	 	 
	 
	 	 	Page	 
	ARTICLE I CONTRIBUTION
	 	 	3	 
	Section 1.01. Contribution and Subscription
	 	 	3	 
	Section 1.02. Consideration
	 	 	4	 
	Section 1.03. Further Action
	 	 	4	 
	Section 1.04. Transaction Costs
	 	 	5	 
	Section 1.05. Pre-Closing Distributions
	 	 	5	 
	Section 1.06. Adjusted Consideration
	 	 	5	 
	Section 1.07. Allocation of Total Consideration
	 	 	5	 
	Section 1.08. Tax Treatment of Consolidation Transactions
	 	 	6	 
	 
	 	 	 	 
	ARTICLE II CLOSING
	 	 	6	 
	Section 2.01. Conditions Precedent
	 	 	6	 
	Section 2.02. Time and Place
	 	 	8	 
	Section 2.03. Delivery of OP Units
	 	 	8	 
	Section 2.04. Closing Deliveries
	 	 	8	 
	Section 2.05. Closing Costs
	 	 	9	 
	Section 2.06. Term of the Agreement
	 	 	9	 
	Section 2.07. Effect of Termination
	 	 	9	 
	Section 2.08. Tax Withholding
	 	 	9	 
	 
	 	 	 	 
	ARTICLE III REPRESENTATIONS, WARRANTIES AND
INDEMNITIES OF THE COMPANY AND THE OP
	 	 	10	 
	Section 3.01. Organization; Authority
	 	 	10	 
	Section 3.02. Due Authorization
	 	 	10	 
	Section 3.03. Consents and Approvals
	 	 	11	 
	Section 3.04. No Violation
	 	 	11	 
	Section 3.05. Validity of OP Units
	 	 	11	 
	Section 3.06. Litigation
	 	 	11	 
	Section 3.07. Limited Activities
	 	 	11	 
	Section 3.08. REIT Status
	 	 	11	 
	Section 3.09. Tax Status of the OP
	 	 	11	 
	Section 3.10. Continuing Efforts
	 	 	12	 
	Section 3.11. No Brokers or Finders
	 	 	12	 
	Section 3.12. No Other Representations or Warranties
	 	 	12	 
	Section 3.13. Indemnification
	 	 	12	 
	 
	 	 	 	 
	ARTICLE IV REPRESENTATIONS AND WARRANTIES
OF THE CONTRIBUTING MEMBERS
	 	 	14	 
	Section 4.01. Organization; Authority
	 	 	14	 
	Section 4.02. Due Authorization and Enforceability
	 	 	14	 
	Section 4.03. Ownership of Interest
	 	 	15	 
	Section 4.04. Consents and Approvals
	 	 	15	 
	Section 4.05. No Violation
	 	 	15	 

i

 

	 	 	 	 	 
	 
	 	 	Page	 
	Section 4.06. Non-Foreign Person
	 	 	16	 
	Section 4.07. Absence of Undisclosed Liabilities
	 	 	16	 
	Section 4.08. Solvency
	 	 	16	 
	Section 4.09. Litigation
	 	 	16	 
	Section 4.10. Investment
	 	 	16	 
	Section 4.11. Continuing Efforts
	 	 	19	 
	Section 4.12. No Brokers or Finders
	 	 	19	 
	Section 4.13. No Claims
	 	 	20	 
	Section 4.14. FINRA Affiliations
	 	 	20	 
	Section 4.15. Title; Compliance with Laws
	 	 	20	 
	Section 4.16. Taxes
	 	 	20	 
	Section 4.17. Insurance
	 	 	22	 
	Section 4.18. Environmental Matters
	 	 	22	 
	Section 4.19. Employment Matters
	 	 	22	 
	Section 4.20. No Other Representations or Warranties
	 	 	23	 
	Section 4.21. Indemnification
	 	 	23	 
	 
	 	 	 	 
	ARTICLE V COVENANTS AND OTHER AGREEMENTS
	 	 	26	 
	Section 5.01. Covenants of the Contributing Members; Waiver
	 	 	26	 
	Section 5.02. Commercially Reasonable Efforts by the Company, the OP and
the Contributing Members
	 	 	27	 
	Section 5.03. Tax Matters
	 	 	27	 
	 
	 	 	 	 
	ARTICLE VI GENERAL PROVISIONS
	 	 	29	 
	Section 6.01. Notices
	 	 	29	 
	Section 6.02. Definitions
	 	 	29	 
	Section 6.03. Counterparts
	 	 	31	 
	Section 6.04. Entire Agreement; Third Party Beneficiaries
	 	 	31	 
	Section 6.05. Governing Law
	 	 	31	 
	Section 6.06. Assignment
	 	 	31	 
	Section 6.07. Jurisdiction
	 	 	32	 
	Section 6.08. No Arbitration
	 	 	32	 
	Section 6.09. Final Agreements
	 	 	32	 
	Section 6.10. Severability
	 	 	32	 
	Section 6.11. Rules of Construction
	 	 	32	 
	Section 6.12. Equitable Remedies
	 	 	33	 
	Section 6.13. Further Assurances
	 	 	33	 
	Section 6.14. Time of the Essence
	 	 	33	 
	Section 6.15. Descriptive Headings
	 	 	34	 
	Section 6.16. No Personal Liability Conferred
	 	 	34	 
	Section 6.17. Amendments
	 	 	34	 
	Section 6.18. Amendment and Restatement of Original Agreement
	 	 	34	 

ii

 

SECOND AMENDED AND RESTATED CONTRIBUTION AGREEMENT

     This Second Amended and Restated Contribution Agreement is made and entered into as of
____________ __, 2011 (this “Agreement”), by and among Schottenstein Realty Trust, Inc., a Maryland
corporation and formerly known as 1492 Realty Trust, Inc. (the “Company”), which intends to qualify
as a real estate investment trust (a “REIT”) for federal income tax purposes, Schottenstein Realty,
LP, a Delaware limited partnership and formerly known as 1492 Realty, LP (the “OP”), and the
contributing members set forth on the signature page hereto (each, a “Contributing Member” and,
collectively, the “Contributing Members”).

RECITALS

     WHEREAS, the Company, the OP and the Contributing Members previously entered into that certain
Contribution Agreement, dated as of August 26, 2010, as amended and restated by the Amended and
Restated Contribution Agreement, dated as of September 27, 2010 (the “Original Agreement”);

     WHEREAS, the Company, the OP and the Contributing Members desire to enter into this Agreement
in order to amend and restated the Original Agreement in its entirety upon the terms and conditions
set forth in this Agreement;

     WHEREAS, the Contributing Members are holders of limited liability company, general or limited
partnership interests in one or more of the limited liability companies or partnerships (the
“Existing Entities”; unless the context requires otherwise, all references in this Agreement to
“Existing Entities” shall be deemed to include Subsidiaries of such Existing Entities) which own or
lease, directly or indirectly, the real properties set forth opposite each applicable Existing
Entity on Exhibit A hereto (each, a “Property” and collectively, the “Properties”);

     WHEREAS, the limited liability company, general partner or limited partner interests in the
Existing Entities held by the Contributing Members are referred to herein collectively as the
“Contributing Member Interests;”

     WHEREAS, in conjunction with the formation transactions and the initial public offering of
stock in the Company (the “IPO”), the Company desires to consolidate the ownership of the
Contributing Member Interests into the OP in a consolidation transaction to be completed prior to
or concurrently with the completion of the IPO, as a result of which the Contributing Members will
have exchanged, through a series of assignment and assumption agreements, their Contributing Member
Interests for units of limited partnership interests (the “OP Units”) to be issued by the OP to the
Contributing Members (or, in certain limited cases, cash) (the “Consolidation Transactions”);

     WHEREAS, various assignment and assumption agreements (including this Agreement) (the
“Assignment and Assumption Agreements”) pursuant to which all of the Contributing

 

 

Member Interests in the Existing Entities held by the Contributing Members are to be acquired,
directly or indirectly, by the Company or the OP as part of the Consolidation Transactions, will be
executed to effectuate the Consolidation Transactions;

     WHEREAS, Exhibit A sets forth, among other things, (i) the identity of each Contributing
Member, (ii) the names of the Existing Entities in which the Contributing Member holds interests,
and (iii) a description of the Contributing Member Interests;

     WHEREAS, the Contributing Members understand that only Accredited Investors (as such term is
defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended) are
eligible to receive OP Units in the Consolidation Transactions (the “Offered OP Units”) and if such
Contributing Member is not an Accredited Investor, such Contributing Member will receive only cash
as consideration for his, her or its Contributing Member Interests in an amount equal to the
product of (i) the number of OP Units due to such Contributing Member and (ii) the IPO Price (as
hereinafter defined) (the “Non-Accredited Investor Payment”);

     WHEREAS, it is intended for federal income tax purposes that the Consolidation Transactions be
treated as a contribution of the equity interests in the Existing Entities to the OP in exchange
for OP Units under Section 721 of the Code (as hereinafter defined) including, where applicable,
pursuant to the “assets over” form of transaction set forth in Treasury Regulations Section
1.708-1(c)(3)(i);

     WHEREAS, the Contributing Members understand and acknowledge that, as of the date of this
Agreement, neither the Company nor the OP knows the value of the OP Units that will be available
for exchange for the Contributing Member Interests and the Contributing Members acknowledge and
understand that the value of the OP Units to be issued to the Contributing Members will depend on
the Company’s value in the pricing of the Company’s IPO;

     WHEREAS, by executing this Agreement, the Contributing Members (A) consent to the
Consolidation Transactions and to the applicable Assignment and Assumption Agreements with respect
to the Existing Entities in which such Contributing Member is a general partner, limited partner,
member or stockholder, (B) waive any right they may have to elect to receive any cash or other
consideration, respectively, under the organizational documents for any of the Existing Entities,
and (C) irrevocably agree, upon satisfaction of the conditions in Sections 2.01 of this Agreement,
to receive in exchange for such Contributing Member Interests (i) the Offered OP Units if the
Contributing Member is an Accredited Investor or, (ii) if the Contributing Member is not an
Accredited Investor, to accept the Non-Accredited Investor Payment or (iii) if the Company or the
OP determine to pay cash pursuant to Section 1.02(c), to accept the Cash in Lieu Payment (as
hereinafter defined); and

     WHEREAS, except as otherwise set forth in this Agreement, all necessary approvals have been
obtained by the parties to this Agreement to consummate the transactions contemplated herein.

2

 

     NOW, THEREFORE, in consideration of the foregoing and the representations, warranties,
covenants and other terms contained in this Agreement, the parties hereto, intending to be legally
bound hereby, agree as follows:

ARTICLE I

CONTRIBUTION

     Section 1.01. Contribution and Subscription.

          (a) Contributing Members. By executing the signature page to this Agreement, subject to the
terms and conditions hereof, (i) each Contributing Member, if an Accredited Investor, hereby
agrees, in exchange for such Contributing Member’s Contributing Member Interests, to subscribe for
and receive, and the OP agrees to issue, the Contributing Member’s portion of the Offered OP Units
to such Contributing Member on the closing date of the IPO (the “Closing Date”) as set forth in
Section 1.02, and (ii) each Contributing Member (A) consents to the Consolidation Transactions and
to the applicable Assignment and Assumption Agreements with respect to the Existing Entities in
which such Contributing Member holds a Contributing Member Interest, (B) waives any right such
Contributing Member may have to elect to receive any cash or other consideration, respectively,
under the organizational documents for any of the Existing Entities, and (C) irrevocably agrees,
upon satisfaction of the conditions in Sections 2.01 of this Agreement, to receive in exchange for
such Contributing Member Interests (1) the Offered OP Units or, (2) if the Contributing Member is
not an Accredited Investor, to accept the Non-Accredited Investor Payment, or (3) if, in certain
limited circumstances set forth in Section 1.01(c), the Company or the OP determine to pay cash, to
accept the Cash in Lieu Payment (as hereinafter defined).

          (b) Reallocation of Interests. Exhibit A sets forth, among other things, (i) the identity of
each Contributing Member, (ii) the names of the Existing Entities in which the Contributing Member
holds interests, and (iii) a description of the Contributing Member Interests. The Company
reserves the right, by written notice to a Contributing Member, to require such Contributing Member
and the Existing Entities, to reallocate one or more Contributing Member Interests slated for
acquisition under the Assignment and Assumption Agreements, such that the Existing Entity in which
such Contributing Member Interests are held will be instead acquired by the Company, the OP or any
subsidiary thereof. The Company shall exercise such right only if in its reasonable judgment such
reallocation is necessary to protect the status of the Company as a REIT for federal income tax
purposes or the tax deferred nature of the transactions contemplated by this Agreement. The
parties agree that any such reallocation of an Interest shall not change the total number of
Offered OP Units to be received by the Contributing Members under this Agreement and the Assignment
and Assumption Agreements.

          (c) Circumstances for Payment of Cash Consideration. Notwithstanding anything to the contrary
contained in this Agreement, if necessary to permit compliance with securities laws or to protect
the status of the Company as a REIT for federal income tax purposes, to comply with a court order
or upon mutual agreement with a Contributing Member, the Company or the OP may determine to pay
cash in lieu of OP Units in exchange for a Contributing Member Interest. Upon such determination,
such Contributing Member will

3

 

receive only cash as consideration for his, her or its Contributing Member Interests in an
amount equal to the product of (i) the number of OP Units that would have been due to such
Contributing Member if such Contributing Member were receiving OP Units and no Cash Payment, and
(ii) the IPO Price (as hereinafter defined) (the “Cash in Lieu Payment” and, together with the
Non-Accredited Investor Payment, the “Cash Payments”). As of the date of this Agreement, the
Company and the OP have mutually agreed with certain Contributing Members to pay cash in lieu of OP
Units in exchange for such Contributing Members’ Contributing Member Interests, as reflected on
Exhibit A.

     Section 1.02. Consideration.

          (a) Under and subject to the terms and conditions of the respective Transaction Documents,
each Contributing Member is hereby irrevocably bound to accept and entitled to receive upon
consummation of the Consolidation Transactions: (i) the number of OP Units that such Contributing
Members are entitled to receive as set forth in the respective Contributing Member’s Assignment and
Assumption Agreement delivered at the Closing, or (ii) in the case of a Contributing Member that is
not an Accredited Investor, the Non-Accredited Investor Payment, or (iii) in the case of a
determination by the Company or the OP to pay cash to a Contributing Member as provided in Section
1.01(c), the Cash in Lieu Payment that such Contributing Members are entitled to receive as set
forth in the respective Contributing Member’s Assignment and Assumption Agreement delivered at the
Closing (in aggregate, the “Consideration”). No fractional OP Units shall be issued pursuant to
this Agreement. If aggregating all OP Units that a Contributing Member would otherwise be entitled
to receive as a result of any of the Consolidation Transactions would require the issuance of a
fractional OP Unit, in lieu of such fractional OP Unit, the Contributing Member shall be entitled
to receive an amount in cash determined by multiplying the fraction of an OP Unit to which such
Contributing Member would otherwise have been entitled, by the IPO Price. No interest will be paid
or will accrue on any cash paid or payable in lieu of any fractional OP Unit.

          (b) Receipt of Consideration is expressly conditioned upon receipt of the Transaction
Documents duly executed and fully completed.

          (c) The Company and the OP, in their sole and absolute discretion, may determine to
proportionately increase the number of OP Units each Contributing Member may receive. Such
determination must be made prior to the commencement of the marketing of the IPO, through a
preliminary prospectus.

     Section 1.03. Further Action. If, at any time after the Closing Date, the Company shall determine or be
advised that any deeds, bills of sale, assignments, assurances or other actions or things are
necessary or desirable to vest, perfect or confirm of record or otherwise in the Company, the OP or
any subsidiary thereof the right, title or interest in or to the Contributing Member Interests
exchanged by a Contributing Member, each Contributing Member shall execute and deliver all such
deeds, bills of sale, assignments and assurances and take and do all such other actions and things
as may be necessary or desirable to vest, perfect or confirm any and all right, title and interest
in the Contributing Member Interests or otherwise to carry out this Agreement; provided, that such
Contributing Member shall not be obligated to take any action or execute any document if the
additional actions or documents impose additional liabilities,

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obligations, covenants, responsibilities, representations or warranties on such Contributing
Member that are not contemplated by this Agreement.

     Section 1.04. Transaction Costs. If the Closing occurs, the Company and the OP shall be solely responsible
for all transaction costs and expenses of the Company, the OP and the Existing Entities in
connection with the Consolidation Transactions and the IPO, which include, but are not limited to,
the underwriting discounts and commissions, and transfer Taxes, if any. If the Closing does not
occur, Section 2.07 shall govern.

     Section 1.05. Pre-Closing Distributions. On or prior to the Closing Date, each Existing Entity may assign
and transfer all of its right, title and interest in and to its cash and other current assets in
excess of its liabilities (excluding amounts on deposit with lenders for escrow accounts, prepaid
rent, prepaid management fees or other prepaid income streams, prepaid expense reimbursements,
accrued employee benefits, future lease obligations, security deposits and amounts otherwise
reserved) to the Contributing Members (and/or any other Person (as hereinafter defined) designated
by a Contributing Member) in the ordinary course of business consistent with past practice and in
accordance with the provisions of the applicable organizational document of each such applicable
Existing Entity (such assets being referred to as the “Excluded Assets”); provided, however, that
other than the distributions by the Existing Entities contemplated by the Consolidation
Transactions, the Existing Entities have not since December 31, 2010 taken, and shall not take, any
action not in the ordinary course of business consistent with past practice to increase current
assets or reduce current liabilities, including by increasing long-term liabilities, decreasing
long-term assets, changing reserves or otherwise. The OP agrees and acknowledges that none of the
Excluded Assets, nor any right, title or interest of the Existing Entities or the Contributing
Members therein, shall be deemed to constitute a part of any Existing Entity’s assets and
liabilities, and that such assets and liabilities will not be owned or retained by any Existing
Entity at the Closing Date. The OP agrees and acknowledges that the Existing Entities may transfer
or distribute the Excluded Assets at any time and from time to time prior to the Closing Date in
the ordinary course of business consistent with past practice, and no such transfer or distribution
shall be deemed to violate or breach any provision under this Agreement or any other documents
contemplated hereby.

     Section 1.06.
Adjusted Consideration. The OP reserves the right not to acquire any Contributing Member
Interest, directly or indirectly, if in good faith the OP determines that the ownership of such
Contributing Member Interest would be inappropriate for the OP. Each Contributing Member hereby
agrees that, in such event, such Contributing Member’s Total Consideration (as hereinafter defined)
may be reduced by the amount and type of Consideration allocated to such Contributing Member
Interest without any further action or consent by such Contributing Member.

     Section 1.07. Allocation of Total Consideration. The Consideration paid to each Contributing Member shall
be allocated for Tax purposes among the Contributing Members in the same relative proportion as the
Consideration is allocated among the Contributing Members. The Company, the OP and such
Contributing Member agree to (i) be bound by the allocation, (ii) act in accordance with the
allocation in the preparation of financial statements and filing of all Tax Returns and in the
course of any Tax audit, Tax review or Tax litigation relating thereto and

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(iii) take no position and cause their affiliates to take no position inconsistent with the
allocation for income Tax purposes.

     Section 1.08. Tax Treatment of Consolidation Transactions. The contributions, transfers, conveyances,
assignments and deliveries pursuant to the Consolidation Transactions in which the Consideration is
OP Units shall be treated as contributions of property to the OP in exchange for OP Units under
Section 721(a) of the Code.

ARTICLE II

CLOSING

     Section 2.01. Conditions Precedent.

          (a) Condition to Each Party’s Obligations. The respective obligation of each party to effect
the actions contemplated by this Agreement and to consummate the other transactions contemplated
hereby to occur on the Closing Date is subject to the satisfaction or waiver by all parties hereto
of the following conditions:

               (i) Registration Statement. The initial registration statement of the Company for the IPO (the
“Registration Statement”) shall have become effective under the Securities Act of 1933, as amended
and the rules and regulations promulgated thereunder (the “Securities Act”) and shall not be the
subject of any stop order or proceedings by the Securities and Exchange Commission (“SEC”) seeking
a stop order. This condition may not be waived by any party.

               (ii) IPO Proceeds. The Company shall have received the gross proceeds from the IPO. This
condition may not be waived by any party.

               (iii) No Injunction. No Governmental Authority (as hereinafter defined) shall have enacted,
issued, promulgated, enforced or entered any statute, rule, regulation, executive order, decree,
judgment, injunction or other order (whether temporary, preliminary or permanent), in any case
which is in effect and that has not been discharged and which prevents or prohibits consummation of
any of the transactions contemplated in this Agreement (which condition may not be waived by any
party) nor shall any of the same brought by a Governmental Authority of competent jurisdiction that
has not been discharged be pending that seeks the foregoing.

               (iv) Consolidation Transactions. The Consolidation Transactions (other than with respect to
Contributing Member Interests which are excluded pursuant to Section 1.06, in each case such
Contributing Member Interests will not be contributed pursuant to this Agreement) shall have been
consummated not later than the Closing Date. This condition may not be waived by any party.

          (b) Conditions to Obligations of the Company and the OP. The obligations of the OP and the
Company to effect the actions contemplated by this Agreement are further subject to satisfaction of
the following conditions (any of which may be waived by the OP or the Company in whole or in part
in their sole and absolute discretion):

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               (i) Representations and Warranties. Except as would not have a Material Adverse Effect (as
hereinafter defined), the representations and warranties of each Contributing Member contained in
this Agreement shall be true and correct as of the date of this Agreement and at the Closing Date
as if made again at that time (except to the extent that any representation or warranty speaks as
of an earlier date, in which case it must be true and correct only as of that earlier date).

               (ii) Performance by the Contributing Members. Each Contributing Member shall have performed
all obligations to be performed by it on or prior to the Closing Date including, without
limitation, the execution and delivery to the OP of the documents required to be delivered by each
Contributing Member pursuant to Section 2.04, and shall have not materially breached any covenants
required by this Agreement to be performed or complied with by it on or prior to the Closing Date.

               (iii) Consents and Approvals. All necessary consents and approvals of Governmental Authorities
or third parties (including lenders) for each Contributing Member to consummate the transactions
contemplated hereby shall have been obtained, except for those consents and approvals, the absence
of which would not have a Material Adverse Effect on the ability of such Contributing Member to
consummate the transactions contemplated by this Agreement.

               (iv) No Material Adverse Change. There shall have not occurred between the date hereof and the
Closing Date any change in any of the assets, business, financial condition, results of operation
or prospects of the Existing Entities that would have a Material Adverse Effect.

               (v) Bankruptcy. There shall not have been a bankruptcy or similar insolvency proceeding with
respect to an Existing Entity; provided that the Company and the OP shall have the right to elect
to proceed with the Consolidation Transaction with respect to all Existing Entities that are not
the subject of such proceeding.

               (vi) Approval. The Board of Directors of the Company shall have approved the IPO Price in its
sole discretion.

          (c) Conditions to Obligations of the Contributing Members. The obligation of each Contributing
Member to effect the actions contemplated by this Agreement are further subject to satisfaction of
the following conditions:

               (i) Representations and Warranties. Except as would not have a Material Adverse Effect, the
representations and warranties of the Company and the OP contained in this Agreement shall be true
and correct on the date hereof and at the Closing Date as if made again at that time (except to the
extent that any representation or warranty speaks as of an earlier date, in which case it must be
true and correct only as of that earlier date).

               (ii) Performance by the Company and the OP. Each of the Company and the OP shall have
performed in all material respects all agreements and covenants required by this Agreement to be
performed or complied with by it on or prior to the Closing Date.

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               (iii) Registration Rights Agreement. The Company and the OP shall have entered into a
customary registration rights agreement with each Person holding OP Units after consummation of the
IPO and after distributions have been made by the Contributing Members to their direct or indirect
equityholders (the “Registration Rights Agreement”). This condition may not be waived by any
party.

     Section 2.02. Time and Place. Unless this Agreement shall have been terminated pursuant to Section 2.06
hereof, and subject to satisfaction or waiver of the conditions in Section 2.01 hereof, the closing
of the Consolidation Transactions contemplated by Section 1.01 and the other transactions
contemplated hereby shall occur on the Closing Date. The closing shall take place at the offices of
the Company, 4300 East Fifth Avenue, Columbus, Ohio 43219, or such other place as determined by the
Company in its sole and absolute discretion. The Consolidation Transactions described in Section
1.01 hereof and all closing deliveries shall be deemed concurrent for all purposes.

     Section 2.03. Delivery of OP Units. The issuance of the OP Units shall be evidenced by an amendment to the
Agreement of Limited Partnership of the OP (the “the OP Agreement”). On the Closing Date (or as
soon as reasonably practicable thereafter), the OP shall deliver or cause to be delivered to each
Contributing Member that receives OP Units as consideration for the Consolidation Transactions an
executed copy of such amendment.

     Section 2.04. Closing Deliveries. On the Closing Date, the parties shall make, execute, acknowledge and
deliver, or cause to be made, executed, acknowledged and delivered the legal documents and other
items necessary to carry out the intention of this Agreement, which shall include, without
limitation, the following:

          (a) a Registration Rights Agreement substantially in the form attached hereto as Exhibit B,

          (b) a Tax Protection Agreement substantially in the form attached hereto as Exhibit C,

          (c) a Lock-Up Agreement for a period of up to one year in the form requested by the
underwriters of the IPO and customary for initial public offerings,

          (d) Assignment and Assumption Agreements substantially in the form attached hereto as Exhibit
D,

          (e) for each Contributing Member receiving OP Units, the OP Agreement (including any
amendments thereto approved by the partners in accordance with the terms of such agreement)

          (f) all title insurance policies, leases, lease files, letters of credit, contracts, stock
certificates, original promissory notes held by an Existing Entity and other indicia of ownership
with respect to each Existing Entity that are in the Contributing Member’s possession or that can
be obtained through reasonable efforts in the Contributing Member’s capacity as indirect owner of
any Existing Entity shall be delivered or made available to the Company;

8

 

          (g) a certificate from each Contributing Member affirming that the representations and
warranties made by the Contributing Member pursuant to this Agreement remain true and correct in
all material respects as of the Closing Date, provided, however, such certificate shall not be
required if this Agreement is signed as of the Closing Date;

          (h) if requested by the Company, certified copies of all organizational documents for the
Contributing Member, together with certified copies of all appropriate limited liability company or
limited partnership actions authorizing the execution, delivery and performance by the Contributing
Member of this Agreement, any related documents and the Transaction Documents;

          (i) evidence reasonably satisfactory to the Company that the lender of any borrowed money
secured by a mortgage or deed of trust disclosed in the Title Reports, other than those lenders
whose loans are being repaid before or immediately after the Closing, has consented to the
transaction as required by any loan document, deed of trust, mortgage or other evidence of
indebtedness related to any Property; and

          (j) any other documents related to the consummation of the Consolidation Transactions, any
reallocation of Contributing Member Interests as described in Section 1.01(b) above or any of the
other transactions contemplated by this Agreement as may be deemed by the Company in its sole and
absolute discretion to be necessary or desirable to effectuate the Consolidation Transactions, the
IPO, and the other transactions described herein.

Such agreements and instruments together with this Agreement are collectively referred to in this
Agreement as the “Transaction Documents.”

     Section 2.05. Closing Costs. The Company and the OP shall pay any documentary transfer Taxes, escrow
charges, title charges and recording Taxes or fees incurred in connection with the transactions
contemplated hereby.

     Section 2.06. Term of the Agreement. This Agreement shall terminate automatically if the Contribution
Transactions shall not have been consummated on or prior to June 30, 2011 (such date is hereinafter
referred to as the “Outside Date”).

     Section 2.07. Effect of Termination. In the event of the termination of this Agreement for any reason, all
obligations on the part of the OP, the Company and the Contributing Members under this Agreement
shall terminate, except that the obligations set forth in this Section 2.07 shall survive; it being
understood and agreed, however, that if this Agreement is terminated because one or more of the
conditions to a non-breaching party’s obligations under this Agreement is not satisfied by the
Outside Date as a result of the other party’s material breach of a covenant, representation,
warranty or other obligation under this Agreement or any other Transaction Documents, the
non-breaching party’s right to pursue all legal remedies with respect to such breach will survive
such termination unimpaired. If this Agreement shall terminate for any reason prior to completion
of the Consolidation Transactions, the Existing Entities shall bear all transaction costs and
expenses related thereto proportionately.

     Section 2.08. Tax Withholding. The OP shall be entitled to deduct and withhold, from the Consideration
payable pursuant to this Agreement to any Contributing Member, such

9

 

amounts as the OP is required to deduct and withhold with respect to the making of such
payment under the Code or any provision of federal, state, local or foreign Tax law. To the extent
that amounts are so withheld by the OP, such withheld amounts shall be treated for all purposes of
this Agreement as having been paid to the Contributing Member in respect of which such deduction
and withholding was made by the OP.

ARTICLE III

REPRESENTATIONS, WARRANTIES AND

INDEMNITIES OF THE COMPANY AND THE OP

     The Company and the OP hereby represent and warrant to and covenant with each Contributing
Member as follows:

     Section 3.01. Organization; Authority.

          (a) The Company is a corporation duly organized, validly existing and in good standing under
the Laws of the State of Maryland. The Company has all requisite power and authority to enter this
Agreement and the other Transaction Documents and to carry out the transactions contemplated hereby
and thereby, and to own, lease or operate its property and to carry on its business as presently
conducted and, to the extent required under applicable Law, is qualified to do business and is in
good standing in each jurisdiction in which the nature of its business or the character of its
property make such qualification necessary, other than in such jurisdictions where the failure to
be so qualified would not have a Material Adverse Effect.

          (b) Each Subsidiary of the Company (each a “Company Subsidiary”) has been duly organized or
formed and is validly existing under the laws of its jurisdiction of organization or formation, as
applicable, has all power and authority to own, lease or operate its property and to carry on its
business as presently conducted and, to the extent required under applicable Law, is qualified to
do business and is in good standing in each jurisdiction in which the nature of its business or the
character of its property make such qualification necessary, except where the failure to be so
qualified would not have a Material Adverse Effect.

          (c) The OP is a limited partnership duly organized, validly existing and in good standing
under the Laws of the State of Delaware. The OP has all requisite power and authority to enter this
Agreement and the other Transaction Documents and to carry out the transactions contemplated hereby
and thereby, and to own, lease or operate its property and to carry on its business as presently
conducted and, to the extent required under applicable Law, is qualified to do business and is in
good standing in each jurisdiction in which the nature of its business or the character of its
property make such qualification necessary, other than in such jurisdictions where the failure to
be so qualified would not have a Material Adverse Effect.

     Section 3.02. Due Authorization. The execution, delivery and performance of this Agreement and the other
Transaction Documents by the Company and the OP have been duly and validly authorized by all
necessary action of the Company and the OP. This Agreement, the other Transaction Documents and
each agreement, document and instrument executed and delivered by or on behalf of the Company or
the OP pursuant to this Agreement or the other

10

 

Transaction Documents constitutes, or when executed and delivered will constitute, the legal,
valid and binding obligation of the Company or the OP, as the case may be, each enforceable against
the Company or the OP, as the case may be, in accordance with its terms, subject to applicable
bankruptcy, insolvency, moratorium or other similar Laws relating to creditors’ rights and general
principles of equity.

     Section 3.03. Consents and Approvals. Except in connection with the IPO and the consummation of the
Consolidation Transactions, no consent, waiver, approval or authorization of, or filing with, any
Person or Governmental Authority or under any applicable Laws is required to be obtained by the
Company or the OP in connection with the execution, delivery and performance of this Agreement and
the transactions contemplated hereby except for those consents, waivers, approvals, authorizations
or filings, the failure of which to obtain or to file would not have a Material Adverse Effect.

     Section 3.04. No Violation. None of the execution, delivery or performance of this Agreement, the other
Transaction Documents, any agreement contemplated hereby between the parties to this Agreement and
the transactions contemplated hereby between the parties to this Agreement does or will, with or
without the giving of notice, lapse of time, or both, violate, conflict with, result in a breach
of, or constitute a default under (a) the organizational documents of the Company or the OP, (b)
any term or provision of any judgment, order, writ, injunction. or decree binding on the Company or
the OP, or (c) any other agreement to which the Company or the OP is a party thereto, except, in
the case of clause (b) and (c) any such breaches or defaults that would not have a Material Adverse
Effect.

     Section 3.05. Validity of OP Units. The OP Units to be issued to each Contributing Member, as applicable,
pursuant to this Agreement will have been duly authorized by the OP and, when issued against the
consideration therefor, will be validly issued by the OP and free and clear of all Liens created by
the Company or the OP (other than Liens created by the the OP Agreement or the Articles of
Amendment and Restatement of the Company (the “Charter”)).

     Section 3.06. Litigation. There is no action, suit or proceeding pending or, to the Company’s or the OP’s
knowledge, threatened against the Company or the OP or any Company Subsidiaries which, if adversely
determined, would have a Material Adverse Effect or which challenges or impairs the ability of the
Company or the OP to execute or deliver, or perform its obligations under, this Agreement and the
documents executed by it pursuant to this Agreement or to consummate the transactions contemplated
hereby or thereby.

     Section 3.07. Limited Activities. Except for activities in connection with the IPO or the Consolidation
Transactions, none of the Company, the Company Subsidiaries and the OP has engaged in any material
business or incurred any material obligations.

     Section 3.08. REIT Status. The Company will seek to qualify for federal income tax purposes as a REIT under
the Code beginning with the Company’s taxable year ending December 31, 2011, and the Company is
organized and operates in a manner that will enable it to qualify as a REIT under the Code.

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     Section 3.09. Tax Status of the OP.

The OP has at all times during its existence been properly treated as a partnership and not as an
association or publicly traded partnership taxable as a corporation for federal income Tax
purposes, and, except as otherwise set forth in the provision at the end of this sentence, each
Subsidiary of the OP has at all times during its existence been properly treated as either a
“disregarded entity” or a partnership and not as a publicly traded partnership taxable as a
corporation for federal income Tax purposes or as an association taxable as a corporation;
provided, however, that notwithstanding the foregoing, each subsidiary listed on Exhibit E is
taxable as a corporation and the Company intends to make a “taxable REIT subsidiary” election with
respect to each such entity effective as of the Closing.

     Section 3.10. Continuing Efforts. Subject to the terms and conditions herein provided, the Company and the
OP covenant and agree to use their reasonable commercial efforts to take, or cause to be taken, all
actions and do, or cause to be done, all things necessary, proper and/or appropriate to consummate
and make effective the transactions contemplated by this Agreement.

     Section 3.11. No Brokers or Finders. The Company and the OP have not entered into any agreement and are not
otherwise liable or responsible to pay any brokers’ or finders’ fees or expenses to any Person or
similar agent or firm with respect to this Agreement or the purchase and issuance of any Offered OP
Units contemplated hereby.

     Section 3.12. No Other Representations or Warranties. Other than the representations and warranties
expressly set forth in this Article III, the Company and the OP shall not be deemed to have made
any other representation or warranty in connection with this Agreement or the transactions
contemplated hereby.

     Section 3.13. Indemnification.

          (a) From and after the Closing Date, the Company and the OP shall indemnify and hold harmless
each Contributing Member and his, her or its Affiliates (each of which is a “Contributing Member
Indemnified Party”) from and against any and all charges, complaints, claims, actions, causes of
action, losses, damages, liabilities and expenses of any nature whatsoever, including without
limitation, amounts paid in settlement, reasonable attorneys’ fees, costs of investigation, costs
of investigative judicial or administrative proceedings or appeals therefrom and costs of
attachment or similar bonds and costs of collection (collectively, “Losses”) arising out of,
relating to or in connection with (i) any breach of a representation, warranty or covenant of the
Company or the OP contained in this Agreement or in any schedule, exhibit, certificate or affidavit
or any other document delivered by the Company or the OP pursuant to this Agreement, and (ii) any
Existing Entity’s operation of its business or the ownership or operation of its assets after the
Closing Date; provided, however, that the Company and the OP shall not have any obligation under
this Section to indemnify any Contributing Member Indemnified Party against any Losses arising out
of, relating to or in connection with (1) any diminution in value of the shares of Common Stock or
OP Units, (2) any Contributing Member’s breach of a representation, warranty or covenant contained
in this Agreement, in any Contributing Members’ or Existing Entities’ organizational documents or
in any schedule, exhibit, certificate or affidavit or any other document delivered by the
Contributing Members pursuant to this Agreement (as if each such representation, warranty and
covenant were in full force and effect and without regard to any qualification therein as to
“material,” “materiality,”

12

 

“Material Adverse Effect” or words of similar import or effect), (3) any Contributing Member’s
gross negligence, willful misconduct or fraud, or (4) any Existing Entity’s operation of its
business or the ownership or operation of its assets on or before the Closing Date.

          (b) At the time when any Contributing Member Indemnified Party learns of any potential claim
under this Section 3.11 (a “Claim”) against the Company or the OP, it shall promptly give written
notice (a “Claim Notice”) to the Company or the OP; provided, that failure to do so shall not
prevent recovery under this Agreement, except to the extent that the Company or the OP shall have
been materially prejudiced by such failure. Each Claim Notice shall describe in reasonable detail
the facts known to such Contributing Member Indemnified Party giving rise to such Claim, and the
amount or good faith estimate of the amount of Losses arising therefrom. Unless prohibited by Law,
such Contributing Member Indemnified Party shall deliver to the Company or the OP, promptly after
such Contributing Member Indemnified Party’s receipt thereof, copies of all notices and documents
(including court papers) received by such Contributing Member Indemnified Party relating to a Third
Party Claim (as hereinafter defined). Any Contributing Member Indemnified Party may at its option
demand indemnity under this Section 3.11 as soon as a Claim has been threatened by a third party,
regardless of whether an actual Loss has been suffered, so long as such Contributing Member
Indemnified Party shall in good faith determine that such claim is not frivolous and that such
Contributing Member Indemnified Party may be liable for, or otherwise incur, a Loss as a result
thereof, with payments under this Section 3.11(b) being required to be made upon receipt by the
Company and the OP of proof of the Contributing Member Indemnified Party’s obligation to pay such
Loss and an undertaking by such Contributing Member Indemnified Party to repay any such amount to
the Company or the OP if, when, and to the extent it is determined that such Contributing Member
Indemnified Party was not entitled to such indemnity payments under this Section 3.11(b).

          (c) The Company and the OP shall be entitled, at their own expense, to assume and control the
defense of any Claims based on claims asserted by third parties (“Third Party Claims”), through
counsel chosen by the Company or the OP and reasonably acceptable to such Contributing Member
Indemnified Party (or any Person authorized by such Contributing Member Indemnified Party to act on
its behalf), if it gives written notice of its intention to do so to such Contributing Member
Indemnified Party within thirty (30) days after the receipt of the applicable Claim Notice;
provided, however, that such Contributing Member Indemnified Party may at all times participate in
such defense at its expense. Without limiting the foregoing, if the Company or the OP exercises the
right to undertake any such defense against a Third Party Claim, such Contributing Member
Indemnified Party shall cooperate with the Company or the OP in such defense and make available to
the Company or the OP (unless prohibited by Law), at the Company or the OP’s expense, all
witnesses, pertinent records, materials and information in such Contributing Member Indemnified
Party’s possession or under such Contributing Member Indemnified Party’s control relating thereto
as is reasonably required by the Company or the OP. No compromise or settlement of such Third Party
Claim may be effected by either such Contributing Member Indemnified Party, on the one hand, or the
Company or the OP, on the other hand, without the other’s consent (which shall not be unreasonably
withheld or delayed) unless (i) there is no finding or admission of any violation of Law and no
effect on any other claims that may be made against such other party and (ii) each Contributing
Member Indemnified Party that is party to such claim is released from all liability with respect to
such claim.

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          (d) All representations, warranties and covenants of the Company and the OP contained in this
Agreement shall survive after the effective time of the transactions contemplated in Transaction
Documents until the first anniversary of the Closing Date; provided, that the representations and
warranties set forth in Sections 3.01 (Organization; Authority), 3.02 (Due Authorization) and 3.05
(Validity of OP Units) and the covenants to be performed after the Closing shall survive until
twelve (12) months after the expiration of any lockup with respect to the OP Units (the “Expiration
Date”). If written notice of a claim in accordance with the provisions of this Section 3.11 has
been given prior to the Expiration Date, then the relevant representation, warranty and covenant
shall survive, but only with respect to such specific claim, until such claim has been finally
resolved. Any claim for indemnification not so asserted in writing by the Expiration Date may not
thereafter be asserted and shall forever be waived. In furtherance of the foregoing, each
Contributing Member hereby waives, as of the Closing Date, to the fullest extent permitted under
applicable Law, any and all rights, claims and causes of action (other than claims of, or causes of
action arising from, fraud) it may have against the other parties hereto arising under or based
upon any federal, state, local or foreign Law, other than the right to seek indemnity pursuant to
this Section 3.11. The foregoing sentence shall not limit a Contributing Member’s right to
specific performance or injunctive relief in connection with the breach by the Company or the OP of
its covenants in this Agreement.

          (e) To the fullest extent permitted by law, all indemnity payments made hereunder shall be
treated as adjustments to the Consideration paid hereunder for federal income tax purposes.

ARTICLE IV

REPRESENTATIONS AND WARRANTIES

OF THE CONTRIBUTING MEMBERS

     Each Contributing Member, severally, hereby represents, warrants to the Company and the OP and
agrees with the Company and the OP that as of the date hereof and as of the Closing Date:

     Section 4.01. Organization; Authority. As of the Closing Date, each Contributing Member and Existing Entity
shall have been duly organized, validly existing and in good standing under the Laws of its
jurisdiction of organization. Each Contributing Member has all requisite power and authority to
own, lease or operate its property and to carry on its business as presently conducted and, to the
extent required under applicable Law, is qualified to do business and is in good standing in each
jurisdiction in which the nature of its business or character of its property make such
qualification necessary, other than in such jurisdictions where the failure to be so qualified
would not have a Material Adverse Effect. Such Contributing Member has all requisite power and
authority to enter this Agreement and the other Transaction Documents and to carry out the
transactions contemplated hereby and thereby.

     Section 4.02. Due Authorization and Enforceability. If such Contributing Member is a Person other than an
individual, the execution, delivery and performance of this Agreement and the other Transaction
Documents by such Contributing Member has been duly and validly authorized by all necessary action
required of such Contributing Member. This Agreement, the

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other Transaction Documents and each agreement, document and instrument executed and delivered
by or on behalf of such Contributing Member pursuant to this Agreement or the other Transaction
Documents constitutes, or when executed and delivered will constitute, the legal, valid and binding
obligation of such Contributing Member, each enforceable against such Contributing Member in
accordance with its terms, subject to applicable bankruptcy, insolvency, moratorium or other
similar Laws relating to creditors’ rights and general principles of equity.

     Section 4.03. Ownership of Interest. Such Contributing Member is the sole record owner of the Contributing
Member Interests owned by it as set forth on Exhibit A and has good and valid title to such
Contributing Member Interests and has the power and authority to transfer, sell, assign and convey
to the OP such Contributing Member Interests, free and clear of any Liens. Upon delivery of the
Consideration for such Contributing Member Interests as provided herein, the OP will acquire good
and valid title thereto, free and clear of any Liens. Exhibit A sets forth the entire outstanding
equity and distribution, profits or similar interest in the Existing Entities, except as otherwise
indicated. The Existing Entities have no Subsidiaries, except as otherwise indicated on Exhibit A.
The Contributing Member Interests represent all of the issued and outstanding interests in the
Existing Entities owned by the Contributing Members. Except as provided for or contemplated by
this Agreement or the other applicable Transaction Documents, there are no rights, subscriptions,
warrants, options, conversion rights, preemptive rights, agreements, instruments or understandings
of any kind outstanding (i) relating to the Contributing Member Interests owned by such
Contributing Member or (ii) to purchase, transfer or to otherwise acquire, or to in any way
encumber, any of the interests which comprise such Contributing Member Interests or any securities
or obligations of any kind convertible into any of the interests which comprise such Contributing
Member Interests, or other equity interests or profit participation of any kind in the Existing
Entities, except as otherwise indicated on Exhibit A. All of the issued and outstanding
Contributing Member Interests have been duly authorized and are validly issued, fully paid and not
issued in violation of any preemptive rights.

     Section 4.04. Consents and Approvals. Except as shall have been satisfied on or prior to the Closing Date,
no consent, waiver, approval, authorization, order, license, certificate or permit of, or filing or
registration with, any Person or Governmental Authority or under any applicable Laws is required to
be obtained by such Contributing Member or the Existing Entities in connection with the execution,
delivery and performance of this Agreement and the transactions contemplated hereby, except for
those consents, waivers, approvals, authorizations or filings, the failure of which to obtain or to
file would not have a Material Adverse Effect.

     Section 4.05. No Violation. None of the execution, delivery or performance of this Agreement, the other
Transaction Documents, any agreement contemplated hereby or thereby between the parties to this
Agreement and the transactions contemplated hereby or thereby between the parties to this Agreement
does or will, with or without the giving of notice, lapse of time, or both, violate, conflict with,
result in a breach of, or constitute a default under or give to others any right of termination,
acceleration, cancellation or other right under, (A) the organizational documents, if any, of such
Contributing Member, (B) any agreement, document or instrument to which such Contributing Member or
Existing Entity is a party or by which such Contributing Member, Existing Entity or Contributing
Member Interests is bound or (C) any term or provision of any judgment, order, writ, injunction, or
decree binding on such

15

 

Contributing Member or Existing Entity (or their assets or properties), except, in the case of
clause (B) and (C) any such breaches or defaults that would not have a Material Adverse Effect.

     Section 4.06. Non-Foreign Person. Each Contributing Member is a United States person (as defined in Section
7701(a)(30) of the Code) and is not a foreign person pursuant to Section 1445(b)(2) of the Code and
is, therefore, not subject to the provisions of the Code relating to the withholding of sales or
exchange proceeds to foreign persons.

     Section 4.07. Absence of Undisclosed Liabilities. Except as disclosed in the Registration
Statement, no Existing Entity has incurred any indebtedness related to any of the Properties owned
by such Existing Entity except in each instance for trade payables which are no more than sixty
(60) days past due and other customary and ordinary expenses in the ordinary course of business.
The representations and warranties of the Contributing Members and all disclosure schedules and
certificates delivered by or on behalf of the Contributing Members pursuant to this Agreement fully
and fairly state in all material respects the matters with which they purport to deal and do not
misstate a material fact or omit to state a material fact necessary to make the statements therein
not misleading. As of its effective date and as of the Closing Date, the Registration Statement
will not include any untrue statement of a material fact regarding the Existing Entities and the
Properties or omit to state any material fact required to be stated therein or necessary to make
the statements therein with respect to the Existing Entities and the Properties not misleading.

     Section 4.08. Solvency. Such Contributing Member has been and will be solvent at all times prior to and for
the ninety (90) day period following the transfer of its Contributing Member Interests to the OP or
the Company, as applicable.

     Section 4.09. Litigation. There is no action, suit or proceeding pending or, to such Contributing Member’s
knowledge, threatened against such Contributing Member, the Existing Entities or any of their
Properties or other assets affecting all or any portion of the Contributing Member Interests or any
of their Properties or their other assets or such Contributing Member’s ability to consummate the
transactions contemplated hereby which, if adversely determined, would reasonably be expected to
adversely affect the Contributing Member’s ability to so consummate the transactions contemplated
hereby. There are no outstanding orders, writs, injunctions or decrees of any Governmental
Authority against or affecting such Contributing Member, Existing Entity or any Property, or all or
any portion of the Contributing Member Interests, which in any such case would impair the
Contributing Member’s ability to enter into and perform all of its obligations under this Agreement
or have a Material Adverse Effect.

     Section 4.10. Investment. Such Contributing Member acknowledges that the offering and issuance of the OP
Units to be acquired pursuant to this Agreement are intended to be exempt from registration under
the Securities Act and that the Company’s and the OP’s reliance on such exemptions is predicated in
part on the accuracy and completeness of the representations and warranties of the Contributing
Members contained herein. In furtherance thereof, such Contributing Member represents and warrants
to the Company and the OP as follows:

          (a) Each Contributing Member is an “accredited investor” (as such term is defined in Rule
501(a) of Regulation D promulgated under the Securities Act) (each, an

16

 

“Accredited Investor”). Such Contributing Member will, upon request, execute and/or
deliver any additional documents deemed by the Company to be necessary or desirable to confirm such
Contributing Member’s Accredited Investor status.

          (b) Such Contributing Member is acquiring the OP Units solely for his, her or its own
account for the purpose of investment and not as a nominee or agent for any other Person and not
with a view to, or for offer or sale in connection with, any distribution of any thereof in
violation of the securities Laws.

          (c) Such Contributing Member is knowledgeable, sophisticated and experienced in business
and financial matters and such Contributing Member fully understands the limitations on transfer
imposed by the federal securities Laws. Such Contributing Member has received and carefully
reviewed this Agreement as well as all information and documents about or pertaining to the Company
and the OP and the business and prospects of the Company and the OP and the issuance of the OP
Units, as such Contributing Member deems necessary or desirable, and has been given the opportunity
to obtain, and has obtained, any additional information or documents and to ask questions and
receive answers about such information and documents, the Company and the OP and the business and
prospects of the Company and the OP which such Contributing Member deems necessary or desirable to
evaluate the merits and risks related to its investment in the OP Units and such Contributing
Member understands and has taken cognizance of all risk factor related to the purchase of the OP
Units. Such Contributing Member is relying upon its own independent analysis and assessment
(including with respect to Taxes), and the advice of such Contributing Member’s advisors (including
legal and Tax advisors), and not upon that of the Company or the OP or any of the Company’s or the
OP’s Affiliates, for purposes of evaluating, entering into, and consummating the transactions
contemplated hereby.

          (d) Such Contributing Member acknowledges that the OP Units have not been registered under
the Securities Act and, therefore, may not be sold unless registered under the Securities Act or an
exemption from registration is available.

          (e) Such Contributing Member represents and warrants that such Contributing Member has
such knowledge and experience in financial and business matters such that such Contributing Member
is capable of evaluating the merits and risks of making a subscription for the Offered OP Units,
and that such Contributing Member has evaluated the risks of investing in the Offered OP Units and
has determined that they are a suitable investment for such Contributing Member. Such Contributing
Member represents and warrants that such Contributing Member understands that an investment in the
Offered OP Units is a speculative investment that involves very significant risks and Tax
uncertainties and that such Contributing Member is prepared to bear the economic, Tax and other
risks of an investment in the Offered OP Units for an indefinite period of time, and is able to
withstand a total loss of such Contributing Member’s investment in the Offered OP Units.

          (f) Each Contributing Member acknowledges that it has been advised that (i) the OP Units
will not redeemable or exchangeable for shares of Common Stock for one year after the Closing Date,
(ii) the OP Units issued pursuant to this Agreement, and any Common Stock issued in exchange for,
or in respect of a redemption of, the OP Units, are “restricted

17

 

securities” under applicable federal securities laws and may be disposed of only pursuant to
an effective registration statement or an exemption from registration under applicable federal
securities laws and such Contributing Member understands that the OP has no obligation or intention
to register any OP Units or underlying Common Stock, except to the extent set forth in the
Registration Rights Agreement; accordingly, such Contributing Member may have to bear indefinitely
the economic risks of an investment in such OP Units, (iii) a restrictive legend in the form
hereafter set forth shall be placed on each certificate (each an “OP Unit Certificate”)
representing the OP Units (and any certificates representing Common Stock for which OP Units may,
in certain circumstances, be exchanged or redeemed), and (iv) a notation shall be made in the
appropriate records of the OP indicating that the OP Units (and any Common Stock for which OP Units
may, in certain circumstances, be exchanged or redeemed) and are subject to restrictions on
transfer.

          (g) Each OP Unit Certificate, if any, issued pursuant to this Agreement (and any
certificates representing Common Stock for which OP Units may, in certain circumstances, be
exchanged or redeemed), unless registered in accordance with applicable U.S. securities laws, shall
bear the following legend:

THE SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE “ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD, TRANSFERRED
OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION, UNLESS, EXCEPT IN LIMITED
CIRCUMSTANCES, THE TRANSFEROR DELIVERS TO THE COMPANY AN OPINION OF COUNSEL SATISFACTORY TO THE
COMPANY, TO THE EFFECT THAT THE PROPOSED SALE, TRANSFER OR OTHER DISPOSITION MAY BE EFFECTED
WITHOUT REGISTRATION UNDER THE ACT AND UNDER APPLICABLE STATE SECURITIES OR “BLUE SKY” LAWS.

          (h) In addition to the foregoing legend, each certificate (if any) representing any Common
Stock for which OP Units may, in certain circumstances, be exchanged or redeemed shall also bear a
legend which generally provides the following:

          (i) THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON BENEFICIAL
AND CONSTRUCTIVE OWNERSHIP AND TRANSFER FOR THE PURPOSE, AMONG OTHERS, OF THE COMPANY’S MAINTENANCE
OF ITS STATUS AS A REAL ESTATE INVESTMENT TRUST UNDER THE INTERNAL REVENUE CODE OF 1986, AS AMENDED
(THE “CODE”). SUBJECT TO CERTAIN FURTHER RESTRICTIONS AND EXCEPT AS EXPRESSLY PROVIDED IN THE
COMPANY’S CHARTER, (I) NO PERSON MAY BENEFICIALLY OR CONSTRUCTIVELY OWN SHARES OF THE COMPANY’S
COMMON STOCK IN EXCESS OF 9.8% (IN VALUE OR NUMBER OF SHARES) OF THE OUTSTANDING SHARES OF COMMON
STOCK OF THE COMPANY UNLESS SUCH PERSON IS AN EXCEPTED HOLDER (IN WHICH CASE THE EXCEPTED HOLDER
LIMIT SHALL BE APPLICABLE); (II) NO PERSON MAY BENEFICIALLY OR CONSTRUCTIVELY OWN SHARES OF CAPITAL
STOCK OF THE COMPANY IN EXCESS OF 9.8% OF THE VALUE OF THE TOTAL OUTSTANDING SHARES OF CAPITAL
STOCK OF THE COMPANY, UNLESS SUCH PERSON IS AN EXCEPTED HOLDER (IN WHICH CASE THE EXCEPTED

18

 

HOLDER LIMIT SHALL BE APPLICABLE); (III) NO PERSON MAY BENEFICIALLY OR CONSTRUCTIVELY OWN
CAPITAL STOCK THAT WOULD RESULT IN THE COMPANY BEING “CLOSELY HELD” UNDER SECTION 856(H) OF THE
CODE OR OTHERWISE CAUSE THE COMPANY TO FAIL TO QUALIFY AS A REIT; AND (IV) NO PERSON MAY TRANSFER
SHARES OF CAPITAL STOCK IF SUCH TRANSFER WOULD RESULT IN THE CAPITAL STOCK OF THE COMPANY BEING
OWNED BY FEWER THAN 100 PERSONS. ANY PERSON WHO BENEFICIALLY OR CONSTRUCTIVELY OWNS OR ATTEMPTS TO
BENEFICIALLY OR CONSTRUCTIVELY OWN SHARES OF CAPITAL STOCK WHICH CAUSES OR WILL CAUSE A PERSON TO
BENEFICIALLY OR CONSTRUCTIVELY OWN SHARES OF CAPITAL STOCK IN EXCESS OR IN VIOLATION OF THE ABOVE
LIMITATIONS MUST IMMEDIATELY NOTIFY THE COMPANY. IF ANY OF THE RESTRICTIONS ON TRANSFER OR
OWNERSHIP SET FORTH IN (I) THROUGH (III) ABOVE ARE VIOLATED, THE SHARES OF CAPITAL STOCK
REPRESENTED HEREBY WILL BE AUTOMATICALLY TRANSFERRED TO A TRUSTEE OF A TRUST FOR THE BENEFIT OF ONE
OR MORE CHARITABLE BENEFICIARIES. IN ADDITION, THE COMPANY MAY TAKE OTHER ACTIONS, INCLUDING
REDEEMING SHARES UPON THE TERMS AND CONDITIONS SPECIFIED BY THE BOARD OF DIRECTORS IN ITS SOLE AND
ABSOLUTE DISCRETION IF THE BOARD OF DIRECTORS DETERMINES THAT OWNERSHIP OR A TRANSFER OR OTHER
EVENT MAY VIOLATE THE RESTRICTIONS DESCRIBED ABOVE. FURTHERMORE, UPON THE OCCURRENCE OF CERTAIN
EVENTS, ATTEMPTED TRANSFERS IN VIOLATION OF THE RESTRICTIONS DESCRIBED ABOVE MAY BE VOID AB INITIO.
ALL CAPITALIZED TERMS IN THIS LEGEND HAVE THE MEANINGS DEFINED IN THE CHARTER OF THE COMPANY, AS
THE SAME MAY BE AMENDED FROM TIME TO TIME, A COPY OF WHICH, INCLUDING THE RESTRICTIONS ON TRANSFER
AND OWNERSHIP, WILL BE FURNISHED TO EACH HOLDER OF CAPITAL STOCK OF THE COMPANY ON REQUEST AND
WITHOUT CHARGE. REQUESTS FOR SUCH A COPY MAY BE DIRECTED TO THE SECRETARY OF THE COMPANY AT ITS
PRINCIPAL OFFICE.

     Section 4.11. Continuing Efforts. Subject to the terms and conditions herein provided, such Contributing
Member covenants and agrees to use its reasonable commercial efforts to take, or cause to be taken,
all actions and do, or cause to be done, all things necessary, proper and/or appropriate to
consummate and make effective the transactions contemplated by this Agreement, including, without
limitation, obtaining all consents, waivers, approvals and authorizations of all Persons and
Governmental Authorities required to effect the transactions contemplated by this Agreement,
including the Consolidation Transactions.

     Section 4.12. No Brokers or Finders. Neither the Contributing Member nor, to its knowledge, any of its
officers, directors managers, trustees or employees, to the extent applicable, has entered into any
agreement and is not otherwise liable or responsible to pay any brokers’ or finders’ fees or
expenses to any Person, agent or firm with respect to this Agreement or the purchase and issuance
of any Offered OP Units contemplated hereby, except for any such Person, agent or firm, the fees
and expenses for which such Contributing Member shall be solely responsible for and pay.

19

 

     Section 4.13. No Claims. Each Contributing Member represents and warrants that it does not have any claims
against any Existing Entity or any of their respective members, managers, managing members,
officers, directors or agents for breach of fiduciary obligations, breach of the terms of
applicable organizational documents, or fraud, self-dealing or any other similar cause of action.

     Section 4.14. FINRA Affiliations. Neither such Contributing Member nor any affiliate of such Contributing
Member is a member, affiliate of a member or person associated with a member of FINRA. Neither such
Contributing Member nor any of its affiliates owns any stock or other securities of a FINRA member
not purchased in the open market or have made any outstanding subordinated loans to a FINRA member.
A company or natural person is presumed to control a member of FINRA and is therefore presumed to
constitute an affiliate of such member if the company or person is the beneficial owner of 10% or
more of the outstanding securities of a member which is a corporation. Additionally, a natural
person is presumed to control a member of FINRA and is therefore presumed to constitute an
affiliate of such a member if such person has the power to direct or cause the direction of the
management or policies of such member.

     Section 4.15. Title; Compliance with Laws. Each Existing Entity directly or indirectly owns (1) fee title
to the Property or Properties set forth opposite such Existing Entity and identified as owned on
Exhibit A hereto and (2) the leasehold estate in the Property or Properties set forth opposite such
Existing Entity and identified as leased on Exhibit A hereto, in each case free and clear of all
Liens (A) other than as set forth in the Title Reports and (B) except for such Liens which
otherwise would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. Except as set forth in the Registration Statement, the Existing Entities have
conducted their businesses, and the Properties have been maintained, in compliance with all
applicable laws, ordinances, rules, regulations, codes, orders and statutes (including, without
limitation, those currently relating to fire and safety, conservation, parking, Americans with
Disabilities Act, zoning and building laws) whether federal, state or local, foreign, statutory or
common, except where the failure to so comply would not reasonably be expected to have a Material
Adverse Effect.

     Section 4.16. Taxes. Each Contributing Member makes the following representations with respect to each
Existing Entity:

          (a) (i) All Tax Returns required to be filed by, on behalf of, or with respect to, the
Existing Entities have been duly and timely filed with the appropriate taxing authorities in all
jurisdictions in which such Tax Returns are required to be filed (after giving effect to any valid
extensions of time in which to make such filings) other than in such jurisdictions where the
failure to so file would not have a Material Adverse Effect, and all such Tax Returns were true,
complete and correct in all material respects; (B) all material Taxes due and payable by, on behalf
of, or with respect to the Existing Entities, either directly or otherwise, have been fully and
timely paid, except (1) to the extent adequately reserved for in accordance with generally accepted
accounting principles consistently applied on the balance sheet of such Existing Entity (or other
applicable entity), and adequate reserves or accruals for Taxes have been provided in the balance
sheet of such Existing Entity (or other applicable entity) with respect to any period through the
date hereof for which Tax Returns have not yet been filed or for which Taxes are not

20

 

yet due and owing and (2) with respect to real estate Taxes and assessments for the Properties
that are paid directly by the tenants under the Leases and pursuant to such Leases, as to which the
Contributing Member has no knowledge of any tenant’s material failure to pay such Taxes and
Contributing Member covenants to use commercially reasonable efforts to enforce the provisions of
such Leases with respect to the payment of such Taxes; (C) no agreement, waiver or other document
or arrangement extending or having the effect of extending the period for assessment or collection
of Taxes (including, but not limited to, any applicable statute of limitations) has been executed
or filed with any taxing authority by or on behalf of the Existing Entities other than such
agreement, waiver or other document or arrangement which would not have a Material Adverse Effect,
and (D) each Existing Entity is, and at all times during its existence has been, a limited
liability company or limited partnership that is taxable as a partnership or treated as
“disregarded entity” for federal income Tax purposes (rather than being taxable as an association
or a publicly-traded partnership taxable as a corporation ).

          (b) Each Existing Entity has complied in all material respects with all applicable laws,
rules and regulations relating to the payment and withholding of Taxes and has duly and timely
withheld from employees’ salaries, wages and other compensation and has paid over to the
appropriate taxing authorities all amounts required to be so withheld and paid over for all periods
under all applicable laws.

          (c) Each Existing Entity has made available to the Company, its agents and underwriters
complete copies of (i) any audit report, revenue agent report or other written assertions issued
within the last three years relating to any material Taxes due from or with respect to such
Existing Entity with respect to its income, assets or operations, (ii) all Tax Returns filed by or
on behalf of the Existing Entities for all periods for which the applicable statute of limitations
has yet to lapse and (iii) all Tax rulings, requests for rulings, or closing agreements
specifically relating to the Existing Entities.

          (d) No claim has been made by a taxing authority in a jurisdiction where an Existing
Entity does not file an income or franchise Tax Return that such Existing Entity is or may be
subject to taxation by, or required to file an income or franchise Tax Return in, that
jurisdiction.

          (e) (i) There are no deficiencies asserted or assessments made as a result of any
examinations by any taxing authority of the Tax Returns of or covering or including any Existing
Entity, or such deficiencies or assessments have been fully paid, and there are no other audits or
investigations by any taxing authority in progress, nor has such Existing Entity received any
notice from any taxing authority that it intends to conduct such an audit or investigation; (ii) no
requests for a ruling or a determination letter are pending with any taxing authority by, or with
respect to, such Existing Entity; and (iii) no issue has been raised in writing by any taxing
authority in any current or prior examination which, by application of the same or similar
principles, could reasonably be expected to result in a proposed deficiency against or with respect
to such Existing Entity for any subsequent taxable period that could be material.

          (f) Neither any Existing Entity nor any other Person on behalf of such Existing Entity has
executed or entered into a closing agreement pursuant to Section 7121 of the Code or any
predecessor provision thereof or any similar provision of state, local or foreign law

21

 

with respect to such Existing Entity. No material amount will be required to be included as
an item of income in, or excluded as an item of deduction from, taxable income for any taxable
period (or portion thereof) ending after the Closing Date with respect to any Existing Entity as a
result of any: (i) change in method of accounting for a taxable period ending on or prior to the
Closing Date; (ii) “closing agreement” as described in Code Section 7121 (or any corresponding or
similar provision of applicable state, local or foreign Law) executed on or prior to the Closing
Date; (iii) election with respect to income from the discharge of indebtedness under Code Section
108(i); (iv) prepaid amount received on or prior to the Closing Date; (v) sale reported on the
installment method that occurred prior to the Closing Date; or (vi) any similar election, action or
agreement that would have the effect of deferring any liability for Taxes with respect to any
Existing Entity from any period ending on or before the Closing Date to any period ending after the
Closing Date.

          (g) There are no Liens as a result of any unpaid Taxes (other than statutory liens for
Taxes not yet delinquent) upon any of the assets of any Existing Entity other than Liens that would
not have a Material Adverse Effect.

          (h) No Existing Entity has engaged in a “reportable transaction” within the meaning of
Treasury Regulations Section 1.6011-4.

     Section 4.17. Insurance. Each Existing Entity has in place customary liability, casualty and other
insurance coverage with respect to each Property, except to the extent the failure to have in place
such insurance coverage would not, individually or in the aggregate, have a Material Adverse
Effect.

     Section 4.18. Environmental Matters. Except for matters which otherwise would not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect, to the Contributing Member’s
actual knowledge: (a) the Existing Entities have not failed to comply with any Environmental Laws,
and (b) the Existing Entities have not received any written notice from any Governmental Authority
(as defined herein) alleging that any Property is not in compliance with applicable Environmental
Laws (which non-compliance, if any, has not been or is not being remedied).

     Section 4.19. Employment Matters.

          (a) Employees. Except for Schottenstein Property Group LLC, none of the other Existing
Entities have any employees.

          (b) Employee Benefits. Except for a 401(k) plan for employees of Schottenstein Property
Group LLC, for which matching contributions are made by Schottenstein Property Group LLC, no
Existing Entity has any (a) labor agreement to which it is a party, or by which it is bound,
including, without limitation, “employee pension benefit plans” as defined in Section 3(2) of the
Employee Retirement Income Security Act of 1974, as amended (“ERISA”); (b) employment, profit
sharing, deferred compensation, bonus, pension, retainer, consulting, retirement, welfare or
incentive plan, fund, program or contract to which it is a party, or by which it is bound; (c)
written or other formal personnel policies; or (d) plan or agreement under

22

 

which “fringe benefits” (including, but not limited to, vacation plans or programs, sick leave
plans or programs, and related benefits) are afforded to its employees.

          (c) ERISA Plan Assets. No Contributing Member is an “employee benefit plan” subject to
Part 4 of Subtitle B of Title I of ERISA, a “plan” to which Section 4975 of the Code applies
(including an individual retirement account), or an entity whose underlying assets include plan
assets by reason of a plan’s investment in such entity.

     Section 4.20. No Other Representations or Warranties. Other than the representations and warranties
expressly set forth in this Article IV, the Contributing Members shall not be deemed to have made
any other representation or warranty in connection with this Agreement or the transactions
contemplated hereby.

     Section 4.21. Indemnification.

          (a) From and after the Closing Date, the Contributing Members, jointly and severally shall
indemnify and hold harmless the Company, the OP and their respective Affiliates (each of which is a
“Company Indemnified Party”) from and against any and all Losses arising out of, relating to or in
connection with (i) any breach of a representation, warranty or covenant of such Contributing
Member contained in this Agreement or in any schedule, exhibit, certificate or affidavit or any
other document delivered by such Contributing Member pursuant to this Agreement, and (ii) any
Existing Entity’s operation of its business or the ownership or operation of its assets on or
before the Closing Date; provided, however, that such Contributing Member shall not have any
obligation under this clause (ii) of this Section to indemnify any Company Indemnified Party
against any Losses arising out of, relating to or in connection with (1) the Company’s or the OP’s
breach of a representation, warranty or covenant contained in this Agreement or in any schedule,
exhibit, certificate or affidavit or any other document delivered by the Company or the OP pursuant
to this Agreement (as if each such representation, warranty and covenant were in full force and
effect and without regard to any qualification therein as to “material,” “materiality,” “Material
Adverse Effect” or words of similar import or effect), (2) the Company’s or the OP’s gross
negligence, willful misconduct or fraud, or (3) any Existing Entity’s operation of its business or
the ownership and operation of its assets after the Closing Date, solely to the extent no
Contributing Member or any Affiliate of a Contributing Member was involved in the operation of such
Existing Entity’s business or the ownership or operation of its assets.

          (b) At the time when any Company Indemnified Party learns of any potential claim under
this Section 4.21 (a “Company Claim”) against a Contributing Member, it shall promptly give written
notice (a “Company Claim Notice”) to such Contributing Member; provided, that failure to do so
shall not prevent recovery under this Agreement, except to the extent that such Contributing Member
shall have been materially prejudiced by such failure. Each Company Claim Notice shall describe in
reasonable detail the facts known to such Company Indemnified Party giving rise to such Company
Claim, and the amount or good faith estimate of the amount of Losses arising therefrom. Unless
prohibited by Law, such Company Indemnified Party shall deliver to such Contributing Member,
promptly after such Company Indemnified Party’s receipt thereof, copies of all notices and
documents (including court papers) received by such Company Indemnified Party relating to a Third
Party Claim (as hereinafter

23

 

defined). Any Company Indemnified Party may at its option demand indemnity under this Section
4.21 as soon as a Company Claim has been threatened by a third party, regardless of whether an
actual Loss has been suffered, so long as such Company Indemnified Party shall in good faith
determine that such claim is not frivolous and that such Company Indemnified Party may be liable
for, or otherwise incur, a Loss as a result thereof, with payments under this Section 4.21(b) being
required to be made upon receipt by a Contributing Member of proof of the Company Indemnified
Party’s obligation to pay such Loss and an undertaking by such Company Indemnified Party to repay
any such amount to such Contributing Member if, when, and to the extent it is determined that such
Company Indemnified Party was not entitled to such indemnity payments under this Section 4.21.

          (c) Each Contributing Member shall be entitled, at its own expense, to assume and control
the defense of any Company Claims based on Third Party Claims, through counsel chosen by such
Contributing Member and reasonably acceptable to such Company Indemnified Party (or any Person
authorized by such Company Indemnified Party to act on its behalf), if it gives written notice of
its intention to do so to such Company Indemnified Party within thirty (30) days after the receipt
of the applicable Company Claim Notice; provided, however, that such Company Indemnified Party may
at all times participate in such defense at its expense. Without limiting the foregoing, if a
Contributing Member exercises the right to undertake any such defense against a Third Party Claim,
such Company Indemnified Party shall cooperate with such Contributing Member in such defense and
make available to such Contributing Member (unless prohibited by Law), at such Contributing
Member’s expense, all witnesses, pertinent records, materials and information in such Company
Indemnified Party’s possession or under such Company Indemnified Party’s control relating thereto
as is reasonably required by such Contributing Member. No compromise or settlement of such Third
Party Claim may be effected by such Company Indemnified Party, on the one hand, or such
Contributing Member, on the other hand, without the other’s consent (which shall not be
unreasonably withheld or delayed) unless (i) there is no finding or admission of any violation of
Law and no effect on any other Claims that may be made against such other party and (ii) each
Company Indemnified Party that is party to such claim is released from all liability with respect
to such claim.

          (d) All representations, warranties and covenants of the Contributing Members contained
in this Agreement shall survive after the effective time of the transactions contemplated in the
applicable Transaction Documents until the first anniversary of the Closing Date (the “Expiration
Date”); provided, that the representations, warranties and covenants set forth in Sections 4.01
(Organization; Authority), 4.02 (Due Authorization and Enforceability), 4.3 (Ownership of Interest)
and 4.10 (Investment) shall survive indefinitely.

          (e) If written notice of a Company Claim in accordance with the provisions of this Section
4.21 has been given prior to the Expiration Date, then the relevant representation, warranty and
covenant shall survive, but only with respect to such specific claim, until such claim has been
finally resolved. Any claim for indemnification not so asserted in writing by the Expiration Date
may not thereafter be asserted and shall forever be waived. In furtherance of the foregoing, the
Company and the OP hereby waive, as of the Closing Date, to the fullest extent permitted under
applicable Law, any and all rights, claims and causes of action (other than claims of, or causes of
action arising from, fraud) it may have against the other parties hereto arising under or based
upon any federal, state, local or foreign Law, other than the right to seek

24

 

indemnity pursuant to this Section 4.21. The foregoing sentence shall not limit the Company’s
or the OP’s right to specific performance or injunctive relief in connection with the breach by a
Contributing Member of its covenants in this Agreement.

          (f) To the fullest extent permitted by law, all indemnity payments made hereunder shall be
treated as adjustments to the Consideration paid hereunder for federal income Tax purposes.

          (g) On the Closing Date, each Contributing Member shall execute a pledge agreement
substantially in the form attached hereto as Exhibit F hereto pursuant to which such Contributing
Member’s indemnity obligations contained in this Section 4.21 shall be secured by a pledge of 10%
of such Contributing Member’s OP Units (valuing each OP Unit at the IPO Price), and shall deposit
10% of such Contributor’s Cash Payments, if any, into an escrow governed by an escrow agreement
substantially in the form attached hereto as Exhibit G, pursuant to which such Contributing
Member’s indemnity obligations contained in this Section 4.21 shall be secured by such escrowed
funds. Such pledge and escrow will be in full satisfaction of any indemnification obligations of
such Contributing Member contained in this Section 4.21, other than any indemnification obligations
with respect to a breach of any of the representations, warranties or covenants set forth in the
proviso of Section 4.21(d) hereof. Any claim by a Company Indemnified Party shall be made pro rata
against the OP Units (valuing each OP Unit at the IPO Price) and Cash Payments (or to the extent
any claim is made against one or more but not all Contributing Members, then against the aggregate
OP Units (valuing each OP Unit at the IPO Price) and Cash Payments constituting the Total
Consideration of such Contributing Members). Each pledge agreement shall provide for the pledge to
be released twelve (12) months after the Closing Date, except to the extent of indemnification
claims made prior to such date and any escrow of cash shall provide for the escrow to be released
twelve (12) months after the Closing Date, except to the extent of indemnification claims made
prior to such date.

          (h) If Losses in respect of any Company Claim are attributable to any one or more
Contributing Members or the Existing Entities owned by such Contributing Members or the properties
owned by the Existing Entities owned by such Contributing Members, as the case may be, then only
such Contributing Members shall be responsible for making payments to Company Indemnified Parties
entitled to receive such payments in accordance with this Section 4.21; provided that the foregoing
provision is not intended and shall not be construed to expand the obligations of a Contributing
Member to indemnify the Company Indemnified Parties under this Section 4.21 as limited by the
second sentence of Section 4.21(g). Any Contributing Member that directly or indirectly, through
the pledge agreement or the escrow agreement, makes payments to Company Indemnified Parties in an
amount exceeding its proportionate share of such Losses, shall be reimbursed by the Contributing
Members in respect of which such Losses are attributable.

25

 

ARTICLE V

COVENANTS AND OTHER AGREEMENTS

     Section 5.01. Covenants of the Contributing Members; Waiver. From the date hereof through the Closing Date,
except as otherwise provided for or as contemplated by this Agreement, each Contributing Member
shall, to the extent within its control, conduct each Existing Entity’s business in the ordinary
course of business consistent with past practice. From the date hereof through the Closing Date,
except as otherwise provided for or as contemplated by this Agreement, each Contributing Member
shall not, without the prior written consent of the Company and the OP (which consent may be given
or withheld by each of them for any reason or for no reason whatsoever in its sole and absolute
discretion):

          (a) sell, transfer or otherwise dispose of (or enter into an agreement to sell, transfer
or dispose of) all or any portion of such Contributing Member’s Contributing Member Interests or
the Properties;

          (b) mortgage, pledge, hypothecate, encumber (or permit to become encumbered) all or any
portion of such Contributing Member’s Contributing Member Interests or the Properties;

          (c) amend, modify or terminate any Lease to the extent such amendment, modification or
termination would reasonably be expected to have a Material Adverse Effect;

          (d) cause or permit the Existing Entities to violate any applicable Laws to the extent
such violation would reasonably be expected to have a Material Adverse Effect;

          (e) make any distribution to its beneficiaries or equity interest holders, except as
contemplated in Section 1.05;

          (f) authorize or consent to, or cause any Existing Entity to take, any of the actions
prohibited by this Agreement;

          (g) amend the organizational documents of any Existing Entity;

          (h) take or allow any action (or fail to take any action) that would result in any of the
Existing Entities being treated as an association or publicly-traded partnership taxable as a
corporation for federal income tax purposes;

          (i) adopt a plan of liquidation, dissolution, merger, consolidation, restructuring,
recapitalization or reorganization with respect to any Existing Entity, as applicable;

          (j) exercise rights, if any, under applicable organizational documents, to initiate any
buy-sell procedures or to commence any process to market and sell the property held (directly or
indirectly) by any Existing Entity; or

          (k) cause or take any action that would render any of the representations and warranties
of the Contributing Members in this Agreement untrue in any material respect.

26

 

As of the Closing, each Contributing Member waives and relinquishes all rights and benefits
otherwise afforded to such Contributing Member (i) under the applicable Existing Entity’s
organizational documents in connection with the IPO, including without limitation any rights of
appraisal, rights of first offer or first refusal, buy/sell agreements, put, option or similar
parallel exit or dissenter rights, and any right to consent to or approve the sale or contribution
by any partner or member, as applicable of its Contributing Member Interests to the OP, and any and
all notice provisions relating thereto; and (ii) to raise claims against any Existing Entity or any
of its respective present or former officers, directors, managing members or general partners in
their capacity as an officer, director, managing member or general partner of such Existing Entity,
for (A) breach of fiduciary duties or similar obligations (including duties of disclosure) to any
present or former shareholders, members or partners of any Existing Entity, (B) fraud, or
self-dealing or any other similar cause of action related to the Existing Entity or the real
property owned directly or indirectly by any Existing Entity. Each Contributing Member acknowledges
that the agreements contained herein and the transactions contemplated hereby and any actions taken
in anticipation of the transactions contemplated hereby may conflict with, and may not have been
contemplated by, the organizational documents of the applicable Existing Entity, or by other
agreements among one or more holders of Contributing Member Interests. With respect to each
applicable Existing Entity and each property in which the Contributing Member Interests represent a
direct or indirect interest, each Contributing Member expressly gives all consents and waivers they
are entitled to give that are necessary or desirable to facilitate the Consolidation Transactions
(including any consents necessary to authorize the proper parties in interest to give consents in
connection therewith). In addition, if the transactions contemplated hereby occur, this Agreement
shall be deemed to be an amendment to the organizational documents of the applicable Existing
Entity to the extent the terms herein conflict with the terms thereof, including without
limitation, terms with respect to allocations, distributions and the like. If the transactions
contemplated by this Agreement do not occur, nothing in this Agreement shall be deemed to be or
construed as an amendment or modification of, or commitment of any kind to amend or modify, the
organizational documents of any Existing Entity, which shall, in such case, remain in full force
and effect without modification.

     Section 5.02. Commercially Reasonable Efforts by the Company, the OP and the Contributing Members. Each of
the Company, the OP and each Contributing Member shall use commercially reasonable efforts and
cooperate with each other in (i) promptly determining whether any filings are required to be made
or consents, approvals, waivers, permits or authorizations are required to be obtained (under any
applicable Law or regulation or from any Governmental Authority or third party) in connection with
the transactions contemplated by this Agreement, and (ii) promptly making any such filings, in
furnishing information required in connection therewith and in timely seeking to obtain any such
consents, approvals, waivers, permits or authorizations.

     Section 5.03. Tax Matters.

          (a) In accordance with Section 704(c) of the Code and to the extent permitted pursuant to
the Treasury Regulations thereunder, the OP shall adopt and use only the so-called “traditional
method” described in Treasury Regulations Section 1.704-3(b) with respect to the Contributing
Member Interests, and therefore shall not make any curative or remedial allocations.

27

 

          (b) From the date hereof and subsequent to the Closing Date, each Contributing Member
agrees to provide the Company and the OP with such Tax information relating to the Existing
Entities that is in Contributing Member’s possession or control and that is reasonably requested by
the Company or the OP and not otherwise in the Company’s or the OP’s possession or control and to
cooperate with the Company and the OP with respect to the filing of their Tax Returns.

          (c) The OP shall use its best efforts to allocate sufficient non-recourse liabilities
(within the meaning of Treasury Regulations Section 1.752-3) to the Contributing Members so as to
avoid recognition of income pursuant to Section 731(a) of the Code in connection with the
Consolidation Transactions, and shall, to the extent necessary to avoid such recognition of income,
permit the Contributing Members to enter into one or more “bottom dollar” or similar guarantees of
nonrecourse liabilities or indemnification agreements or deficit restoration obligations with
respect to recourse liabilities of the OP.

          (d) The parties hereto intend and agree, that for federal income tax purposes, the
Consolidation Transactions in which the Consideration is OP Units shall be treated as a transfer of
the equity interests in the Existing Entities to the OP in exchange for OP Units under Section 721
of the Code including, where applicable, pursuant to the “assets over” form of transaction set
forth in Treasury Regulation Section 1.708-1(c)(3)(i). Consistent with the foregoing, to the
extent any Contributing Member transfers all or any portion of a Contributing Member Interest in an
Existing Entity to the OP in exchange for cash, or to the extent any portion of a Contributing
Member’s transfer of a Contributing Member Interest would otherwise be treated as a “disguised
sale”. pursuant to Section 707 of the Code or the Treasury Regulations promulgated
thereunder (such Contributing Member referred to as a “Selling Party,” and the portion of the
Contributing Member Interests sold by such Contributing Member referred to as a “Sold Interest”),
such transfer shall be treated as a sale by the Selling Party and a purchase of the Sold Interest
by the OP directly from the Selling Party in accordance with the provisions of Treasury Regulation
Section 1.708-1(c)(4) and all applicable documents and agreements entered into in connection with
the Consolidation Transactions shall comply with the requirements set forth in Treasury Regulation
Sections 1.708-1(c)(3)(i) and 1.708-1(c)(4). To the extent that a Contributing Member constitutes a
Selling Party, such Contributing Member expressly agrees and consents to treat the transfer of the
Sold Interests as a sale of an interest in the Existing Entity for all federal income tax purposes.
The OP and Contributing Member agree that the transaction shall be treated for federal income Tax
purposes as if the Selling Party first sold the Sold Interest in the Existing Entity to the OP, the
Existing Entity then transferred its assets and liabilities (except to the extent attributable to
the Sold Interests) to the OP in exchange for OP Units, and then the Existing Entity liquidated,
distributing the OP Units to its partners or members (other than the Selling Parties with respect
to the Sold Interests) and distributing the balance of its assets and liabilities to the OP in
redemption of the Sold Interests acquired by the OP. Any cash paid to a Contributing Member
pursuant to this Agreement, shall be paid only after the receipt of a consent from such
Contributing Member that, for federal income tax purposes, such payment of cash shall be treated as
a sale of the Sold Interests by the Contributing Member that is a Selling Party and a purchase of
such Sold Interests by the OP for the cash so paid.

28

 

ARTICLE VI

GENERAL PROVISIONS

     Section 6.01. Notices. All notices and other communications under this Agreement shall be in writing and
shall be deemed given when (a) delivered personally, (b) one (1) Business Day after being sent by a
nationally recognized overnight courier or (c) transmitted by facsimile if confirmed within 24
hours thereafter by a signed original sent in the manner provided in clause (a) or (b) to the
parties at the following addresses (or at such other address for a party as shall be specified by
notice from such party):

if to the Company or the OP to:

4300 East Fifth Avenue

Columbus, OH 43219

Tel: (614) 449-4251

Fax: (614) 449- 4360

Attention: Mr. Ben Kraner

with a copy to:

Tod Friedman, Esq.

Senior Vice President and General Counsel

c/o the Company

4300 East Fifth Avenue

Columbus, OH 43219

Tel: (614) 449-4329

and

Greenberg, Traurig, LLP

77 West Wacker Drive

Suite 3100

Chicago Illinois 60601-1732

Attention: Corey Light, Esq.

Facsimile: (312) 456-8435

if to a Contributing Member:

To the address indicated for such Contributing Member on the signature page to

this Agreement.

     Section 6.02. Definitions. For purposes of this Agreement, the following terms shall have the following
meanings.

29

 

          (a) “Affiliate” means, with respect to any Person, a Person that, directly or indirectly,
through one or more intermediaries, controls, is controlled by, or is under common control with the
specified Person. For the purposes of this definition, “control” (including, with correlative
meanings, the terms “controlled by” and “under common control with”) as used with respect to any
Person, shall mean the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of such Person, whether through the ownership of voting
securities, by agreement or otherwise.

          (b) “Business Day” means any day that is not a Saturday, Sunday or legal holiday in the State
of Maryland.

          (c) “Code” means the Internal Revenue Code of 1986, as amended, together with the rules and
regulations promulgated or issued thereunder.

          (d) “Common Stock” means common stock of the Company.

          (e) “Governmental Authority” means any government or agency, bureau, board, commission, court,
department, official, political subdivision, tribunal or other instrumentality of any government,
whether federal, state or local, domestic or foreign.

          (f) “IPO Price” means the public offering price per share of the Common Stock in the IPO.

          (g) “Laws” means applicable laws, statutes, rules, regulations, codes, orders, ordinances,
judgments, injunctions, decrees and policies of any Governmental Authority.

          (h) “Liens” with respect to the Contributing Member Interests, means all pledges, claims,
liens, charges, restrictions, controls, easements, rights of way, exceptions, reservations, leases,
licenses, grants, covenants and conditions, encumbrances and security interests of any kind or
nature whatsoever.

          (i) “Material Adverse Effect” means a material adverse effect on (1) the Company, the OP, the
Company Subsidiaries, the Existing Entities and the Properties (after giving effect to the
Consolidation Transactions), taken as a whole or (2) the ability of the Contributing Members to
execute and deliver this Agreement and perform its obligations hereunder and consummate the
Consolidation Transactions.

          (j) “Original Agreement” has the meaning set forth in the Recitals of this Agreement.

          (k) “Person” means an individual, corporation, partnership, limited liability company, joint
venture, association, trust, unincorporated organization or other entity.

          (l) “Prospectus” means the Company’s final prospectus as filed with the SEC.

          (m) “Subsidiary” of any Person means any corporation, partnership, limited liability company,
joint venture, trust or other legal entity of which such Person owns (either

30

 

directly or through or together with another Subsidiary of such Person) either (i) a general
partner, managing member or other similar interest, or (ii) (A) 10% or more of the voting power of
the voting capital stock or other equity interests, or (B) 10% or more of the outstanding voting
capital stock or other voting equity interests of such corporation, partnership, limited liability
company, joint venture or other legal entity.

          (n) “Taxes” shall mean any (i) federal, state or local or foreign income, gross receipts,
license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits,
environmental, customs duties, capital stock, franchise, profits, withholding, social security (or
similar), unemployment, disability, real property, personal property, escheat, sales, use,
transfer, registration, value added, alternative or add-on minimum, estimated or other tax,
assessment or governmental charge of any kind whatever imposed by any taxing authority, including
any interest, penalty or addition thereto, whether disputed or not, and (ii) liability for the
payment of any amount of the type described in clause (i) above as a result of any express or
implied obligation to indemnify or otherwise assume or succeed to the liability of any other
Person.

          (o) “Tax Return” shall mean any return, declaration, report, estimate, information return and
statement (including any attachment or schedule thereto) required to be filed in respect of any
Taxes.

          (p) “Title Reports” means the title insurance policies issued in the name of the Existing
Entities with respect to the Properties.

          (q) “Total Consideration” means the total value of the Offered OP Units and, if applicable,
any Cash Payments.

     Section 6.03. Counterparts. This Agreement may be executed in counterparts, all of which shall be considered
one and the same agreement and shall become effective when one or more counterparts have been
signed by each party and delivered to each other party.

     Section 6.04. Entire Agreement; Third Party Beneficiaries. This Agreement, including, without limitation,
the recitals, exhibits and schedules hereto, and other agreements referenced herein, constitute the
entire agreement and supersede each prior agreement and understanding, whether written or oral,
among the parties regarding the subject matter of this Agreement. This Agreement is not intended to
confer any rights or remedies on any Person other than the parties hereto.

     Section 6.05. Governing Law. This Agreement shall be governed by, and construed in accordance with, the Laws
of the State of New York, regardless of any Laws that might otherwise govern under applicable
principles of conflicts of laws thereof.

     Section 6.06. Assignment. This Agreement shall be binding upon, and shall be enforceable by and inure to the
benefit of, the parties hereto and their respective heirs, legal representatives, successors and
permitted assigns; provided, however, that this Agreement may not be assigned (except by operation
of law) by any party without the prior written consent of the other parties, and any attempted
assignment without such consent shall be null and void and of

31

 

no force and effect, except that the Company or the OP may assign its rights and obligations
hereunder to an Affiliate of either of them.

     Section 6.07. Jurisdiction. The parties hereto hereby (a) submit to the exclusive jurisdiction of any state
or federal court sitting in New York, New York with respect to any dispute arising out of this
Agreement or any transaction contemplated hereby to the extent such courts would have subject
matter jurisdiction with respect to such dispute, and (b) irrevocably waive, and agree not to
assert by way of motion, defense, or otherwise, in any such action, any claim that it is not
subject personally to the jurisdiction of the above-named courts, that its property is exempt or
immune from attachment or execution, that the action is brought in an inconvenient forum, or that
the venue of the action is improper.

     Section 6.08. No Arbitration(a) . No dispute, controversy or claim arising out of or relating to this
Agreement or the enforcement, breach, termination or validity thereof shall be submitted to
arbitration or similar dispute resolution method.

     Section 6.09. Final Agreements. EACH OF THE CONTRIBUTING MEMBERS AGREES AND CONFIRMS THAT THE TERMS OF THE
OP UNITS ARE NOT FINAL AND MAY BE MODIFIED DEPENDING ON THE PREVAILING MARKET CONDITIONS AT THE
TIME OF THE IPO. BY EXECUTING THIS AGREEMENT SUCH CONTRIBUTING MEMBER HEREBY AUTHORIZES THE OP AND
THE COMPANY TO, AND UNDERSTANDS AND AGREES THAT THE OP AND THE COMPANY MAY, MAKE CHANGES (INCLUDING
CHANGES THAT MAY BE DEEMED MATERIAL) TO THE CHARTER, THE COMPANY’S BYLAWS, THE REGISTRATION RIGHTS
AGREEMENT, THE TAX PROTECTION AGREEMENT, THE LOCK-UP AGREEMENT, THE OP AGREEMENT, AND SUCH
CONTRIBUTING MEMBER AGREES TO RECEIVE THE OFFERED OP UNITS OR CASH, AS THE CASE MAY BE, WITH SUCH
FINAL TERMS AND CONDITIONS AS THE COMPANY AND THE OP DETERMINE.

     Section 6.10. Severability. Each provision of this Agreement will be interpreted so as to be effective and
valid under applicable Law, but if any provision is held invalid, illegal or unenforceable under
applicable Law in any jurisdiction, then the remainder of this Agreement and the applicable of such
provision to other persons, entities or circumstances will be interpreted so as reasonably to
affect the intent of the parties hereto. The parties further agree to replace such void or
unenforceable provision in this Agreement with a valid and enforceable provision that will achieve,
to the extent possible, the economic, business and other purposes of the void or unenforceable
provision and to execute any amendment, consent or agreement deemed necessary or desirable by the
parties to effect such replacement.

     Section 6.11. Rules of Construction.

          (a) The parties hereto agree that they have had the opportunity to be represented by counsel
during the negotiation, preparation and execution of this Agreement and, therefore, waive the
application of any Law, regulation, holding or rule of construction providing that ambiguities in
an agreement or other document will be construed against the party drafting such agreement or
document.

32

 

          (b) The words “hereof,” “herein” and “herewith” and words of similar import shall, unless
otherwise stated, be construed to refer to this Agreement as a whole and not to any particular
provision of this Agreement, and article, section, paragraph, exhibit and schedule references are
to the articles, sections, paragraphs, exhibits and schedules of this Agreement unless otherwise
specified. Whenever the words “include,” “includes” or “including” are used in this Agreement, they
shall be deemed to be followed by the words “without limitation.” All terms defined in this
Agreement shall have the defined meanings contained herein when used in any certificate or other
document made or delivered pursuant hereto unless otherwise defined therein. The definitions
contained in this Agreement are applicable to the singular as well as the plural forms of such
terms and to the masculine as well as to the feminine and neuter genders of such terms. Unless
explicitly stated otherwise herein, any agreement, instrument or statute defined or referred to
herein or in any agreement or instrument that is referred to herein means such agreement,
instrument or statute as from time to time, amended, qualified or supplemented, including (in the
case of agreements and instruments) by waiver or consent and (in the case of statutes) by
succession of comparable successor statutes and all attachments thereto and instruments
incorporated therein. References to a Person are also to its permitted successors and assigns.

     Section 6.12. Equitable Remedies. The parties agree that irreparable damage would occur to the Company and
the OP if any of the provisions of this Agreement were not performed in accordance with their
specific terms or were otherwise breached by a Contributing Member. It is accordingly agreed that
the Company and the OP shall be entitled to an injunction or injunctions to prevent breaches of
this Agreement by a Contributing Member and to enforce specifically the terms and provisions hereof
in any federal or state court located in New York, New York, this being in addition to any other
remedy to which the Company and the OP is entitled under this Agreement or otherwise at law or in
equity.

     Section 6.13. Further Assurances. Each Contributing Member shall act in good faith in all respects
including, without limitation, using its best efforts to consummate the transaction contemplated by
this Agreement. Each Contributing Member shall not withdraw or seek to withdraw from, terminate or
in any way interfere with the transactions contemplated by this Agreement. Each Contributing
Member shall, from time to time, execute and deliver to the Company all such other and further
instruments and documents and take or cause to be taken all such other and further action as the
Company or the OP may reasonably request in order to effect the transactions contemplated by this
Agreement. Notwithstanding the foregoing, the Company or the OP may request from a Contributing
Member such additional information as it may deem necessary to evaluate the eligibility of such
Contributing Member to acquire Offered OP Units, and may request from time to time such information
as it may deem necessary to determine the eligibility of such Contributing Member to hold Offered
OP Units or to enable the OP or the Company to determine such Contributing Member’s compliance with
applicable regulatory requirements or Tax status, and such Contributing Member shall provide such
information as may reasonably be requested as soon as is reasonably practicable thereafter.

     Section 6.14. Time of the Essence. Time is of the essence with respect to all obligations under this
Agreement.

33

 

     Section 6.15. Descriptive Headings. The descriptive headings herein are inserted for convenience only and
are not intended to be part of or to affect the meaning or interpretation of this Agreement.

     Section 6.16. No Personal Liability Conferred. This Agreement shall not create or permit any personal
liability or obligation on the part of any officer, director, partner, employee or stockholder of
the OP or the Company.

     Section 6.17. Amendments. This Agreement may be amended by appropriate instrument, without the consent of
any Contributing Member, at any time prior to the Closing Date; provided, that no such amendment,
modification or supplement shall be made that alters in any adverse respect Section 4.21
(Indemnification).

     Section 6.18. Amendment and Restatement of Original Agreement. This Agreement amends and restates the
Original Agreement in its entirety and supersedes the Original Agreement in all respects.

[SIGNATURE PAGES FOLLOW]

34

 

     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed by their
respective duly authorized officers or representatives, all as of the date first written above.

	 	 	 	 
	SCHOTTENSTEIN
REALTY TRUST, INC., 

	 	Address:
	
a Maryland corporation

	 	 
	 	 
	By: 	/s/ Benton E. Kraner	 	c/o Schottenstein Realty Trust, Inc. 

4300 East Fifth Avenue

Columbus, OH 43219
	 	Name: Benton E. Kraner

Title: President

	 

SCHOTTENSTEIN REALTY LP, a Delaware

limited partnership

			 
	By:	 	Schottenstein Realty Trust, Inc.,

a Maryland corporation, its general
partner

					
	 	
 	 
	 	By:  	/s/ Benton E. Kraner
 	 
	 	 	Name:  	Benton E. Kraner 	 
	 	 	Title:  	President 	 
	 

CONTRIBUTING MEMBERS:

[signatures continue on following page]

 

	 	 	 	 	 
	 	A. JEFFREY ABRAMS REVOCABLE TRUST AGREEMENT DATED 4/26/02

 	 
	 	/s/ A. Jeffrey Abrams
 	 
	 	A. Jeffrey Abrams, Trustee 	 
	 	 	 
	 

[signatures continue on following page]

36

 

	 	 	 	 	 
	 	ANN SCHOTTENSTEIN DESHE 1983 DISCRETIONARY TRUST

 	 
	 	By:  	/s/ Ann S. Deshe
 	 
	 	 	Ann S. Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

37

 

	 	 	 	 	 
	 	ANN S. DESHE DESCENDANTS’ TRUST

 	 
	 	By:  	/s/ Ann S. Desche
 	 
	 	 	Ann S. Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

38

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Ben Hayes
 	 
	 	BEN HAYES, an individual 	 
	 	 	 
	 

[signatures continue on following page]

39

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Benton E. Kraner
 	 
	 	BENTON E. KRANER, an individual 	 
	 	 	 
	 

[signatures continue on following page]

40

 

	 	 	 	 	 
	 	BERNSTEIN FINANCIAL GROUP, L.L.C., a Delaware limited liability company

 	 
	 	By:  	/s/ Scott Bernstein
 	 
	 	 	Name:  	Scott Bernstein 	 
	 	 	Its: EVP/Gen. Csl 	 
	 

[signatures continue on following page]

41

 

	 	 	 	 	 
	 	DANIEL MATTHEW DESHE 1987 SUBCHAPTERS TRUST

 	 
	 	By:  	/s/ Ari Desche
 	 
	 	 	Ari Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

42

 

	 	 	 	 	 
	 	DARA LAUREN DESHE 1985 SUBCHAPTERS TRUST

 	 
	 	By:  	/s/ Ari Desche
 	 
	 	 	Ari Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

43

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ David Deshe
 	 
	 	DAVID DESHE, an individual 	 
	 	 	 
	 

[signatures continue on following page]

44

 

	 	 	 	 	 
	 	DAVID SCOTT DESHE 1983 SUBCHAPTERS TRUST

 	 
	 	By:  	/s/ Ari Desche
 	 
	 	 	Ari Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

45

 

	 	 	 	 	 
	 	DJM ASSET MANAGEMENT, LLC, a Delaware limited liability company

 	 
	 	By:  	/s/ Edward P. Zimmon
 	 
	 	 	Name:  	Edward P. Zimmon 	 
	 	 	Its:      Sr. Managing Director 	 
	 

[signatures continue on following page]

46

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Donald Goldstein
 	 
	 	DONALD GOLDSTEIN, an individual 	 
	 	 	 
	 

[signatures continue on following page]

47

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Douglas Ballinger
 	 
	 	DOUGLAS BALLINGER, an individual 	 
	 	 	 
	 

[signatures continue on following page]

48

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Edward Arndt
 	 
	 	EDWARD ARNDT, an individual 	 
	 	 	 
	 

[signatures continue on following page]

49

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Elie Desche
 	 
	 	ELIE DESHE, an individual 	 
	 	 	 
	 

[signatures continue on following page]

50

 

	 	 	 	 	 
	 	ELIE MICHAEL DESHE 1983 SUBCHAPTERS TRUST

 	 
	 	By:  	/s/ Ari Desche
 	 
	 	 	Ari Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

51

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/  Gerald Greenfield
 	 
	 	GERALD GREENFIELD, an individual 	 
	 	 	 
	 

[signatures continue on following page]

52

 

	 	 	 	 	 
	 	GLOSSER BROTHERS ACQUISITION INC., a Delaware corporation

 	 
	 	By:  	/s/ Jay L. Schottenstein
 	 
	 	 	Name:  	Jay L. Schottenstein 	 
	 	 	Title:  	President 	 
	 

[signatures continue on following page]

53

 

	 	 	 	 	 
	 	GSH MIAMI, LLC, an Ohio limited liability company

 	 
	 	By:  	/s/ Gloria S. Haffer
 	 
	 	 	Name:  	Gloria S. Haffer 	 
	 	 	Its:  Manager 	 
	 

[signatures continue on following page]

54

 

	 	 	 	 	 
	 	

JAY L. SCHOTTENSTEIN 1983 DISCRETIONARY TRUST;

JAY L. SCHOTTENSTEIN DESCENDANTS TRUST — 2009;

SAUL SCHOTTENSTEIN 2002 TRUST NO. 1;

SAUL SCHOTTENSTEIN SUBCHAPTER S TRUST NO. 4;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #1;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #2;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #3;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #4;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #5;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #6;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #7;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #8;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #9;

THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #10;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #1;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #2;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #3;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #4;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #5;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #6;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #7;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #8;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #9;

THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #10;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #1;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #2;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #3;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #4;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #5;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #6;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #7;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #8;

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #9; and

THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #10
 	 

	 	 	 	 	 
	 	By:  	/s/ Jay L. Schottenstein
 	 
	 	 	Jay L. Schottenstein, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

55

 

	 	 	 	 	 
	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S TRUST NO. 1;

JAY SCHOTTENSTEIN 2009 SUBCHAPTER S TRUST NO. 2; and

JAY SCHOTTENSTEIN 2009 SUBCHAPTER S TRUST NO. 3
 	 

	 	 	 	 	 
	 	By:  	/s/ Jean R. Schottenstein
 	 
	 	 	Jean R. Schottenstein, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

56

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/  Jeffrey S. Gould
 	 
	 	JEFFREY S. GOULD, an individual 	 
	 	 	 
	 

[signatures continue on following page]

57

 

	 	 	 	 	 
	 	 	 
	 	                                             /s/ Jonathan Schottenstein
 	 
	 	JONATHAN SCHOTTENSTEIN, an individual 	 
	 	 	 
	 

[signatures continue on following page]

58

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Joseph Schottenstein
 	 
	 	JOSEPH SCHOTTENSTEIN, an individual 	 
	 	 	 
	 

[signatures continue on following page]

59

 

	 	 	 	 	 
	 	JSSI CAPITAL ENTERPRISES, LLC, a Delaware limited liability company

 	 
	 	By:  	/s/ Joseph E. DaGrosa, Jr.
 	 
	 	 	Name:  	Joseph E. DaGrosa, Jr. 	 
	 	 	Its:      Authorized Signatory 	 
	 

[signatures continue on following page]

60

 

	 	 	 	 	 
	 	JUBILEE LIMITED PARTNERSHIP; and

JUBILEE LIMITED PARTNERSHIP III,

each an Ohio limited partnership

 	 
	 	By:  	Schottenstein Professional Asset Management Corporation, a Delaware corporation, their general partner
 	 

	 	 	 	 	 
	 	By:  	                                                     /s/ Benton E. Kraner
 	 
	 	 	Name:  	Benton E. Kraner 	 
	 	 	Title:  	Senior Vice President 	 
	 

[signatures continue on following page]

61

 

	 	 	 	 	 
	 	KATZ FAMILY LIMITED PARTNERSHIP NO. 2, an Ohio limited partnership

 	 
	 	By:  	/s/ Marvin A. Katz
 	 
	 	 	Name:  	Marvin A. Katz 	 
	 	 	Its:  General Partner 	 
	 
	 	 	 
	 	By:  	                                            /s/ Susan J. Katz
 	 
	 	 	Name:  	Susan J. Katz 	 
	 	 	Its:  General Partner 	 
	 

[signatures continue on following page]

62

 

	 	 	 	 	 
	 	LORI SCHOTTENSTEIN 1984 DISCRETIONARY TRUST

 	 
	 	By:  	/s/ Geraldine Schottenstein
 	 
	 	 	Geraldine Schottenstein, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

63

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/  Marc Hurwitz
 	 
	 	MARC HURWITZ, an individual 	 
	 	 	 
	 

[signatures continue on following page]

64

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Mark S. Ungar
 	 
	 	MARK S. UNGAR, an individual 	 
	 	 	 
	 

[signatures continue on following page]

65

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/  Michael Schiff
 	 
	 	MICHAEL SCHIFF, an individual 	 
	 	 	 
	 

[signatures continue on following page]

66

 

	 	 	 	 	 
	 	NEBUR HOLDING COMPANY LLC, an Ohio limited liability company

 	 
	 	By:  	Bernard R. Ruben Trust for Children dated 1/14/2003, its Manager
 	 

	 	 	 	 	 
	 	By:  	                                                   /s/ Gloria S. Haffer
 	 
	 	 	Gloria S. Haffer, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

67

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Ronald Russ
 	 
	 	RONALD RUSS, an individual 	 
	 	 	 
	 

[signatures continue on following page]

68

 

	 	 	 	 	 
	 	RUB, LLC, an Ohio limited liability company

 	 
	 	By:  	The Bernard R. Ruben Irrevocable Trust for Children dated 1/14/2003, its managing member
 	 

	 	 	 	 	 
	 	By:  	                                                   /s/ Gloria S. Haffer
 	 
	 	 	Gloria S. Haffer, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

69

 

	 	 	 	 	 
	 	SAUL SCHOTTENSTEIN 2002 TRUST NO. 2

 	 
	 	By:  	/s/ Ann S. Deshe
 	 
	 	 	Ann S. Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

70

 

	 	 	 	 	 
	 	SAUL SCHOTTENSTEIN 2002 TRUST NO. 3

 	 
	 	By:  	/s/ Susan S. Diamond
 	 
	 	 	Susan S. Diamond, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

71

 

	 	 	 	 	 
	 	SCHOTTENSTEIN PROPERTY GROUP, INC. an Ohio corporation

 	 
	 	By:  	/s/   Jay L. Schottenstein
 	 
	 	 	Jay L. Schottenstein 	 
	 	 	Chairman, President and Chief Executive Officer 	 
	 

[signatures continue on following page]

72

 

	 	 	 	 	 
	 	SCHOTTENSTEIN STORES CORPORATION, a Delaware corporation

 	 
	 	By:  	/s/ Benton E. Kraner
 	 
	 	 	Name:  	Benton E. Kraner 	 
	 	 	Title:  	Senior Vice President 	 
	 

[signatures continue on following page]

73

 

	 	 	 	 	 
	 	SMRE ACQUISITION CORP., a Delaware corporation

 	 
	 	By:  	/s/ Scott Bernstein
 	 
	 	 	Name:  	Scott Bernstein 	 
	 	 	Its: Member 	 
	 

[signatures continue on following page]

74

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Steve Rubin
 	 
	 	STEVE RUBIN, an individual 	 
	 	 	 
	 

[signatures continue on following page]

75

 

	 	 	 	 	 
	 	SUSAN SCHOTTENSTEIN 1983 DISCRETIONARY TRUST

 	 
	 	By:  	/s/   Susan S. Diamond
 	 
	 	 	Susan S. Diamond, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

76

 

	 	 	 	 	 
	 	SUSAN SCHOTTENSTEIN DIAMOND 1987 IRREVOCABLE TRUST

 	 
	 	By:  	/s/ Ann S. Deshe
 	 
	 	 	Ann S. Deshe, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

77

 

	 	 	 	 	 
	 	SUSAN S. DIAMOND DESCENDANTS TRUST

 	 
	 	By:  	/s/ Susan S. Diamond
 	 
	 	 	Susan S. Diamond, Trustee 	 
	 	 	 	 
	 

[signatures continue on following page]

78

 

	 	 	 	 	 
	 	 	 
	 	                                              /s/ Tod H Friedman
 	 
	 	TOD H. FRIEDMAN, an individual 	 
	 	 	 
	 

79

 

Exhibit A

CONTRIBUTING MEMBER INTERESTS IN EXISTING ENTITIES

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1410

	 	Broad Parsons
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Broad Parsons LLC
	 	 	6.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Broad Parsons LLC
	 	 	13.333200	 	 	Units
	1410

	 	Broad Parsons
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Broad Parsons LLC
	 	 	6.666600	 	 	Units
	1410

	 	Broad Parsons
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Broad Parsons LLC
	 	 	6.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666700	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Broad Parsons LLC
	 	 	5.185289	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Broad Parsons LLC
	 	 	5.185289	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Broad Parsons LLC
	 	 	5.185289	 	 	Units
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Broad Parsons LLC
	 	 	2.222266	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Broad Parsons LLC
	 	 	2.222267	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Broad Parsons LLC
	 	 	2.222267	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Broad Parsons LLC
	 	 	2.222267	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Broad Parsons LLC
	 	 	2.963022	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Broad Parsons LLC
	 	 	2.963022	 	 	Cash
	1410

	 	Broad Parsons
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Broad Parsons LLC
	 	 	2.963022	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Units
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Units
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Units
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash

80

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	1410

	 	Broad Parsons
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Broad Parsons LLC
	 	 	1.666600	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1710

	 	Kenny Centre
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Kenny Centre LLC
	 	 	3.781750	 	 	Cash
	1710

	 	Kenny Centre
	 	GSH Miami, LLC
	 	LLC
	 	Kenny Centre LLC
	 	 	0.100000	 	 	Units
	1710

	 	Kenny Centre
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Kenny Centre LLC
	 	 	6.271750	 	 	Units
	1710

	 	Kenny Centre
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Kenny Centre LLC
	 	 	3.781750	 	 	Units
	1710

	 	Kenny Centre
	 	Rub, LLC
	 	LLC
	 	Kenny Centre LLC
	 	 	50.000000	 	 	Cash
	1710

	 	Kenny Centre
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Kenny Centre LLC
	 	 	3.781750	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Kenny Centre LLC
	 	 	0.936600	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Kenny Centre LLC
	 	 	2.592644	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Kenny Centre LLC
	 	 	2.592645	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Kenny Centre LLC
	 	 	2.592645	 	 	Units
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Kenny Centre LLC
	 	 	1.111133	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Kenny Centre LLC
	 	 	1.111133	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Kenny Centre LLC
	 	 	1.111133	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Kenny Centre LLC
	 	 	1.111133	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Kenny Centre LLC
	 	 	1.481511	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Kenny Centre LLC
	 	 	1.481511	 	 	Cash
	1710

	 	Kenny Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Kenny Centre LLC
	 	 	1.481511	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Units
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash

81

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Units
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Units
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	1710

	 	Kenny Centre
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Kenny Centre LLC
	 	 	0.625000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1711

	 	East Broad Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	EBP 2800 North High LLC
	 	 	3.781750	 	 	Cash
	1711

	 	East Broad Plaza
	 	GSH Miami, LLC
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.100000	 	 	Units
	1711

	 	East Broad Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	EBP 2800 North High LLC
	 	 	6.271750	 	 	Units
	1711

	 	East Broad Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	EBP 2800 North High LLC
	 	 	3.781750	 	 	Units
	1711

	 	East Broad Plaza
	 	Rub, LLC
	 	LLC
	 	EBP 2800 North High LLC
	 	 	50.000000	 	 	Cash
	1711

	 	East Broad Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	EBP 2800 North High LLC
	 	 	3.781750	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.936600	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	EBP 2800 North High LLC
	 	 	2.592644	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	EBP 2800 North High LLC
	 	 	2.592645	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	EBP 2800 North High LLC
	 	 	2.592645	 	 	Units
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.111133	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.111133	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.111133	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.111133	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.481511	 	 	Cash

82

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.481511	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	EBP 2800 North High LLC
	 	 	1.481511	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Units
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Units
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Units
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	1711

	 	East Broad Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	EBP 2800 North High LLC
	 	 	0.625000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1950

	 	TJ Maxx Centre
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	TJ Center-I LLC
	 	 	5.011925	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	TJ Center-I LLC
	 	 	6.935625	 	 	Units
	1950

	 	TJ Maxx Centre
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	TJ Center-I LLC
	 	 	5.011925	 	 	Units
	1950

	 	TJ Maxx Centre
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	TJ Center-I LLC
	 	 	5.011925	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	TJ Center-I LLC
	 	 	10.641571	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	TJ Center-I LLC
	 	 	10.641571	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	TJ Center-I LLC
	 	 	10.641571	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	TJ Center-I LLC
	 	 	4.560673	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	TJ Center-I LLC
	 	 	4.560674	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	TJ Center-I LLC
	 	 	4.560674	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	TJ Center-I LLC
	 	 	4.560674	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	TJ Center-I LLC
	 	 	6.080897	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	TJ Center-I LLC
	 	 	6.080898	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	TJ Center-I LLC
	 	 	6.080898	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Units
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash

83

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	1950

	 	TJ Maxx Centre
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	TJ Center-I LLC
	 	 	0.961850	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000001	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2114

	 	University Park Shopping Center
	 	Glosser Brothers Acquisition Inc.
	 	LLC
	 	GB Johnstown LLC
	 	 	4.000000	 	 	Cash
	2114

	 	University Park Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	GB Johnstown LLC
	 	 	96.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2211

	 	Morse & Tamarack Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	High St. Tamarack LLC
	 	 	6.666666	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	High St. Tamarack LLC
	 	 	13.333334	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	High St. Tamarack LLC
	 	 	6.666666	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	High St. Tamarack LLC
	 	 	6.666666	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	High St. Tamarack LLC
	 	 	5.185185	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	High St. Tamarack LLC
	 	 	5.185185	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	High St. Tamarack LLC
	 	 	5.185185	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.222222	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.222222	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.222222	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.222222	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.962963	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.962963	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	High St. Tamarack LLC
	 	 	2.962963	 	 	Cash

84

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Units
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	2211

	 	Morse & Tamarack Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	High St. Tamarack LLC
	 	 	1.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2410

	 	Marion Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	12.500000	 	 	Cash
	2410

	 	Marion Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	12.500000	 	 	Units
	2410

	 	Marion Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	12.500000	 	 	Units
	2410

	 	Marion Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	12.500000	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	7.777778	 	 	Units
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	7.777778	 	 	Units
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	7.777778	 	 	Units
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	3.333333	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	3.333334	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	3.333334	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	3.333334	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	4.444444	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	4.444445	 	 	Cash
	2410

	 	Marion Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	JAL Marion Plaza LLC
	 	 	4.444445	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2411

	 	Roberts Road Industrial Park
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	JAL Roberts Road LLC
	 	 	12.500000	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JAL Roberts Road LLC
	 	 	12.500000	 	 	Units
	2411

	 	Roberts Road Industrial Park
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	JAL Roberts Road LLC
	 	 	12.500000	 	 	Units
	2411

	 	Roberts Road Industrial Park
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JAL Roberts Road LLC
	 	 	12.500000	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	JAL Roberts Road LLC
	 	 	7.777778	 	 	Units
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	JAL Roberts Road LLC
	 	 	7.777778	 	 	Units

85

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	JAL Roberts Road LLC
	 	 	7.777778	 	 	Units
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	JAL Roberts Road LLC
	 	 	3.333333	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	JAL Roberts Road LLC
	 	 	3.333334	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	JAL Roberts Road LLC
	 	 	3.333334	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	JAL Roberts Road LLC
	 	 	3.333334	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	JAL Roberts Road LLC
	 	 	4.444444	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	JAL Roberts Road LLC
	 	 	4.444445	 	 	Cash
	2411

	 	Roberts Road Industrial Park
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	JAL Roberts Road LLC
	 	 	4.444445	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2451

	 	Latonia Centre
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	10.000000	 	 	Cash
	2451

	 	Latonia Centre
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	20.000000	 	 	Units
	2451

	 	Latonia Centre
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	10.000000	 	 	Units
	2451

	 	Latonia Centre
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	10.000000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Units
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	2451

	 	Latonia Centre
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	J&S Latonia Centre KY LLC
	 	 	2.500000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 

86

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	2510

	 	Jerome Realty
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	3.531750	 	 	Cash
	2510

	 	Jerome Realty
	 	GSH Miami, LLC
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	4.266000	 	 	Units
	2510

	 	Jerome Realty
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	6.021750	 	 	Units
	2510

	 	Jerome Realty
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	3.531750	 	 	Units
	2510

	 	Jerome Realty
	 	Nebur Holding Company LLC
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	50.000000	 	 	Cash
	2510

	 	Jerome Realty
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	3.531750	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.620000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	2.592644	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	2.592645	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	2.592645	 	 	Units
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.111133	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.111133	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.111133	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.111133	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.481511	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.481511	 	 	Cash
	2510

	 	Jerome Realty
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	1.481511	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Units
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Units
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Units
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash

87

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	2510

	 	Jerome Realty
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	JR 2932-2938 E. Broad LLC
	 	 	0.625000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2611

	 	Market Place
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Fairview Heights, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2612

	 	Crossings at Westland
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Westland, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2613

	 	Crossings at Taylor
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Taylor, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2614

	 	Golden Triangle Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Denton LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Denton LLC is the 0.1% GP of Jubilee-Golden Triangle LP, the owner of the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2614

	 	Golden Triangle Mall
	 	Jubilee Limited Partnership
	 	LP
	 	Jubilee-Golden Triangle LP
	 	 	99.900000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2615

	 	Polaris Outparcel
	 	Jubilee Limited Partnership
	 	LLC
	 	SSC-Polaris LLC
	 	 	100.000000	 	 	Units
	Note: SSC-Polaris LLC holds a ground lease interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2622

	 	Ruther Glen Warehouse
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Ruther Glen, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2623

	 	Colorado Springs Land
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Colorado Springs CO LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2625

	 	Boardman Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Youngstown, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2626

	 	Columbia Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Columbia, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2627

	 	Huntington Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Barboursville LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2632

	 	Monroe Street Crossings
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Toledo Monroe, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2633

	 	Spring Meadow Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Spring Meadow LLC
	 	 	100.000000	 	 	Units

88

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2634

	 	Northlake Commons
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-North Lake, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2635

	 	Hart Road Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Pueblo CO LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Pueblo CO LLC holds a leasehold interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2636

	 	Sun Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Sawmill LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2637

	 	Baileys Crossroads Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Baileys Crossroads VA LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Baileys Crossroads VA LLC holds a leasehold interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2638

	 	West Oaks Crossing
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Novi MI LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Novi MI LLC holds a leasehold interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2640

	 	West Broad Street Crossings
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Richmond, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2641

	 	River Oaks West Mall
	 	Benton Kraner
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	1.500000	 	 	Units
	2641

	 	River Oaks West Mall
	 	Edward Arndt
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	2.000000	 	 	Units
	2641

	 	River Oaks West Mall
	 	Gerald Greenfield
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	1.500000	 	 	Units
	2641

	 	River Oaks West Mall
	 	Jeff Gould
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	4.000000	 	 	Units
	2641

	 	River Oaks West Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	90.000000	 	 	Units
	2641

	 	River Oaks West Mall
	 	Michael Schiff
	 	LLC
	 	JLP-River Oaks West LLC
	 	 	1.000000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2642

	 	Springdale Plaza
	 	Benton Kraner
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	1.500000	 	 	Units
	2642

	 	Springdale Plaza
	 	Edward Arndt
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	1.500000	 	 	Units
	2642

	 	Springdale Plaza
	 	Gerald Greenfield
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	1.000000	 	 	Units
	2642

	 	Springdale Plaza
	 	Jeff Gould
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	3.500000	 	 	Units
	2642

	 	Springdale Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	90.000000	 	 	Units
	2642

	 	Springdale Plaza
	 	Mark Ungar
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	1.000000	 	 	Units
	2642

	 	Springdale Plaza
	 	Michael Schiff
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	1.000000	 	 	Units
	2642

	 	Springdale Plaza
	 	Tod Friedman
	 	LLC
	 	Jubilee-Springdale, LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2645

	 	Fairfield Commons
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Beavercreek LLC
	 	 	100.000000	 	 	Units

89

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2646

	 	Crossways Shopping Center
	 	Benton Kraner
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	1.500000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Edward Arndt
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	1.500000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Gerald Greenfield
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	1.000000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Jeff Gould
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	3.500000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	90.000000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Mark Ungar
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	1.000000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Michael Schiff
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	1.000000	 	 	Units
	2646

	 	Crossways Shopping Center
	 	Tod Friedman
	 	LLC
	 	Jubilee-Chesapeake Equity LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 
	 	 
	 	 
	 	 
	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Jubilee-Chesapeake Equity LLC is the 100% owner of JLP-Chesapeake LLC, the owner of the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2646

	 	Crossways Shopping Center Leasehold Interest
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-MWL Chesapeake LLC
	 	 	100.000000	 	 	Units
	Note: JLP-MWL Chesapeake LLC holds a leasehold interest in the Property. JLP-Chesapeake LLC is the owner of the Property.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2648

	 	Coolsprings Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Coolsprings LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2652

	 	Oakland Square Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Troy MI LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Troy MI LLC holds a leasehold interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2654

	 	Shoppes at Rivergate
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Madison LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2655

	 	Crossroads Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Cary LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2657

	 	Lakeview Plaza Value City Furniture
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Orland Park LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Orland Park LLC holds a ground lease interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2659

	 	Cranberry Mall
	 	Benton Kraner
	 	LLC
	 	JLP-Cranberry LLC
	 	 	1.500000	 	 	Units
	2659

	 	Cranberry Mall
	 	Edward Arndt
	 	LLC
	 	JLP-Cranberry LLC
	 	 	1.500000	 	 	Units
	2659

	 	Cranberry Mall
	 	Gerald Greenfield
	 	LLC
	 	JLP-Cranberry LLC
	 	 	1.000000	 	 	Units
	2659

	 	Cranberry Mall
	 	Jeff Gould
	 	LLC
	 	JLP-Cranberry LLC
	 	 	3.500000	 	 	Units
	2659

	 	Cranberry Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Cranberry LLC
	 	 	90.000000	 	 	Units
	2659

	 	Cranberry Mall
	 	Mark Ungar
	 	LLC
	 	JLP-Cranberry LLC
	 	 	1.000000	 	 	Units
	2659

	 	Cranberry Mall
	 	Michael Schiff
	 	LLC
	 	JLP-Cranberry LLC
	 	 	1.000000	 	 	Units

90

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2659

	 	Cranberry Mall
	 	Tod Friedman
	 	LLC
	 	JLP-Cranberry LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2660

	 	Chesterfield Town Court
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Richmond LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2661

	 	Crossings at Hobart Leasehold Interest
	 	Jubilee Limited Partnership
	 	LLC
	 	SM Hobart Lease LLC
	 	 	100.000000	 	 	Units
	Note: SM Hobart Lease LLC holds a leasehold interest in the Property. Crossings at Hobart-I, LLC is the owner of the Property.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2662

	 	Kentwood Town Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Kentwood LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2663

	 	Harvard Park
	 	Benton Kraner
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	1.500000	 	 	Units
	2663

	 	Harvard Park
	 	Edward Arndt
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	1.500000	 	 	Units
	2663

	 	Harvard Park
	 	Gerald Greenfield
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	1.000000	 	 	Units
	2663

	 	Harvard Park
	 	Jeff Gould
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	3.500000	 	 	Units
	2663

	 	Harvard Park
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	90.000000	 	 	Units
	2663

	 	Harvard Park
	 	Mark Ungar
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	1.000000	 	 	Units
	2663

	 	Harvard Park
	 	Michael Schiff
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	1.000000	 	 	Units
	2663

	 	Harvard Park
	 	Tod Friedman
	 	LLC
	 	JLP-Harvard Park LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2665

	 	West Broad Street Plaza I
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-TRS West Broad LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2666

	 	Biscayne Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Aventura LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2667

	 	Burlington Place
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Florence KY LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2668

	 	Prince William Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	Woodbridge VA — JLP LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2669

	 	555 Yearling
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-555 Yearling LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2671

	 	Sawmill Road Land
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Bright Rd LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2676

	 	Kohl’s Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Annapolis MD LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Annapolis MD LLC holds a leasehold interest in the Property.	 	 	 	 	 	 	 	 

91

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2677

	 	Crossings at Taylor Leasehold Interest
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Taylor Lease LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Taylor Lease LLC holds a leasehold interest in the Property. Jubilee-Taylor, LLC is the owner of the Property.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2678

	 	Plainfield Crossing
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Plainfield LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2679

	 	Webster Square
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Nashua NH LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2711, 2721

	 	North Mall Shops, Lynnhaven East Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Lynnhaven VA LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2915

	 	West Broad Plaza II
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	4.149920	 	 	Cash
	2915

	 	West Broad Plaza II
	 	Daniel Matthew Deshe 1987 Subchapter S Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.549000	 	 	Cash
	2915

	 	West Broad Plaza II
	 	Dara Lauren Deshe 1985 Subchapter S Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.549000	 	 	Cash
	2915

	 	West Broad Plaza II
	 	David Scott Deshe 1983 Subchapter S Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.549000	 	 	Cash
	2915

	 	West Broad Plaza II
	 	Elie Michael Deshe 1983 Subchapter S Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.549000	 	 	Cash
	2915

	 	West Broad Plaza II
	 	GSH Miami, LLC
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.170000	 	 	Units
	2915

	 	West Broad Plaza II
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	7.399840	 	 	Units
	2915

	 	West Broad Plaza II
	 	Jay Schottenstein 2009 Subchapter S Trust No. 1
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.435000	 	 	Units
	2915

	 	West Broad Plaza II
	 	Jay Schottenstein 2009 Subchapter S Trust No. 2
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.435000	 	 	Units
	2915

	 	West Broad Plaza II
	 	Jay Schottenstein 2009 Subchapter S Trust No. 3
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.435000	 	 	Units
	2915

	 	West Broad Plaza II
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	10.346320	 	 	Units
	2915

	 	West Broad Plaza II
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	3.158620	 	 	Cash
	2915

	 	West Broad Plaza II
	 	Susan Schottenstein Diamond 1987 Irrevocable Trust
	 	LLC
	 	Morse Road Company — I LLC
	 	 	7.187700	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Morse Road Company — I LLC
	 	 	1.034770	 	 	Cash

92

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Morse Road Company — I LLC
	 	 	6.676226	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Morse Road Company — I LLC
	 	 	6.676227	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Morse Road Company — I LLC
	 	 	6.676227	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Morse Road Company — I LLC
	 	 	2.861240	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Morse Road Company — I LLC
	 	 	2.861240	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Morse Road Company — I LLC
	 	 	2.861240	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Morse Road Company — I LLC
	 	 	2.861240	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Morse Road Company — I LLC
	 	 	3.814986	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Morse Road Company — I LLC
	 	 	3.814987	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Morse Road Company — I LLC
	 	 	3.814987	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Units
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	2915

	 	West Broad Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Morse Road Company — I LLC
	 	 	0.382030	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	3810

	 	Lockbourne and Frebis
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	6.666666	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	13.333334	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	6.666666	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	6.666666	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash

93

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	5.185185	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	5.185185	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	5.185185	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.222222	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.222222	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.222222	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.222222	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.962963	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.962963	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	2.962963	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Units
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	3810

	 	Lockbourne and Frebis
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SHC Lockbourne Rd LLC
	 	 	1.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	3811

	 	Gallia Street Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SHC Portsmouth LLC
	 	 	6.666666	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Portsmouth LLC
	 	 	13.333334	 	 	Units
	3811

	 	Gallia Street Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SHC Portsmouth LLC
	 	 	6.666666	 	 	Units
	3811

	 	Gallia Street Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Portsmouth LLC
	 	 	6.666666	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash

94

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Portsmouth LLC
	 	 	5.185185	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Portsmouth LLC
	 	 	5.185185	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Portsmouth LLC
	 	 	5.185185	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.222222	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.222222	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.222222	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.222222	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.962963	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.962963	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Portsmouth LLC
	 	 	2.962963	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Units
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	3811

	 	Gallia Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SHC Portsmouth LLC
	 	 	1.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	3815

	 	Sandusky Street Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SHC Delaware LLC
	 	 	6.666666	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Delaware LLC
	 	 	13.333334	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SHC Delaware LLC
	 	 	6.666666	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Delaware LLC
	 	 	6.666666	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash

95

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Delaware LLC
	 	 	5.185185	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Delaware LLC
	 	 	5.185185	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Delaware LLC
	 	 	5.185185	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Delaware LLC
	 	 	2.222222	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Delaware LLC
	 	 	2.222222	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Delaware LLC
	 	 	2.222222	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Delaware LLC
	 	 	2.222222	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Delaware LLC
	 	 	2.962963	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Delaware LLC
	 	 	2.962963	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Delaware LLC
	 	 	2.962963	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Units
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	3815

	 	Sandusky Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SHC Delaware LLC
	 	 	1.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	3816

	 	Tremont Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	6.666666	 	 	Cash
	3816

	 	Tremont Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	13.333334	 	 	Units
	3816

	 	Tremont Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	6.666666	 	 	Units
	3816

	 	Tremont Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	6.666666	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units

96

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	5.185185	 	 	Units
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	5.185185	 	 	Units
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	5.185185	 	 	Units
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.222222	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.222222	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.222222	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.222222	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.962963	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.962963	 	 	Cash
	3816

	 	Tremont Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	2.962963	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Units
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	3816

	 	Tremont Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SHC Tremont Rd LLC
	 	 	1.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	99.999999	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4012

	 	Third Street Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	6.666660	 	 	Cash
	4012

	 	Third Street Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	13.333320	 	 	Units
	4012

	 	Third Street Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	6.666660	 	 	Units
	4012

	 	Third Street Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	6.666660	 	 	Cash

97

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	5.185195	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	5.185196	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	5.185196	 	 	Units
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.222226	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.222227	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.222227	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.222227	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.962969	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.962969	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	2.962969	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Units
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	4012

	 	Third Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees Logansport IN LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	4013

	 	Shoppes at Main and 270
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees Main/270 LLC
	 	 	6.666660	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Main/270 LLC
	 	 	13.333320	 	 	Units

98

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4013

	 	Shoppes at Main and 270
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees Main/270 LLC
	 	 	6.666660	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Main/270 LLC
	 	 	6.666660	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Main/270 LLC
	 	 	5.185195	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Main/270 LLC
	 	 	5.185196	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Main/270 LLC
	 	 	5.185196	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.222226	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.222227	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.222227	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.222227	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.962969	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.962969	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Main/270 LLC
	 	 	2.962969	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Units
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	4013

	 	Shoppes at Main and 270
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees Main/270 LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 

99

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4017

	 	East Gay Street Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees Gay St. LLC
	 	 	6.666660	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Gay St. LLC
	 	 	13.333320	 	 	Units
	4017

	 	East Gay Street Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees Gay St. LLC
	 	 	6.666660	 	 	Units
	4017

	 	East Gay Street Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Gay St. LLC
	 	 	6.666660	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Gay St. LLC
	 	 	5.185195	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Gay St. LLC
	 	 	5.185196	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Gay St. LLC
	 	 	5.185196	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.222226	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.222227	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.222227	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.222227	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.962969	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.962969	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Gay St. LLC
	 	 	2.962969	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Units
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	4017

	 	East Gay Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees Gay St. LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 

100

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	4022

	 	East Main Street Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	6.666660	 	 	Cash
	4022

	 	East Main Street Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	13.333320	 	 	Units
	4022

	 	East Main Street Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	6.666660	 	 	Units
	4022

	 	East Main Street Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	6.666660	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	5.185195	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	5.185196	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	5.185196	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.222226	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.222227	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.222227	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.222227	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.962969	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.962969	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	2.962969	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Units
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash

101

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	4022

	 	East Main Street Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees 4011 E. Main LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4028

	 	Gallia Street Shoppes
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	6.666660	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	13.333320	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	6.666660	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	6.666660	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	5.185195	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	5.185196	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	5.185196	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.222226	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.222227	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.222227	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.222227	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.962969	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.962969	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	2.962969	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Units
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash

102

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	4028

	 	Gallia Street Shoppes
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees Portsmouth LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4032

	 	Latonia Plaza I
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	6.666660	 	 	Cash
	4032

	 	Latonia Plaza I
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	13.333320	 	 	Units
	4032

	 	Latonia Plaza I
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	6.666660	 	 	Units
	4032

	 	Latonia Plaza I
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	6.666660	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	5.185195	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	5.185196	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	5.185196	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.222226	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.222227	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.222227	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.222227	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.962969	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.962969	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	2.962969	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Units
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash

103

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	4032

	 	Latonia Plaza I
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Trustees Latonia Plaza KY LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4110

	 	Bexley Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	3.333333	 	 	Cash
	4110

	 	Bexley Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	6.666667	 	 	Units
	4110

	 	Bexley Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	3.333333	 	 	Units
	4110

	 	Bexley Center
	 	Rub, LLC
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	50.000000	 	 	Cash
	4110

	 	Bexley Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	3.333333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	2.592593	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	2.592593	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	2.592593	 	 	Units
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.111111	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.111111	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.111111	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.111111	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.481481	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.481482	 	 	Cash
	4110

	 	Bexley Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	1.481482	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units

104

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Units
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	4110

	 	Bexley Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Sho-Ruben Bexley Center LLC
	 	 	0.833333	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4112

	 	Broad Street Kroger
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	3.333333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	6.666667	 	 	Units
	4112

	 	Broad Street Kroger
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	3.333333	 	 	Units
	4112

	 	Broad Street Kroger
	 	Rub, LLC
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	50.000000	 	 	Cash
	4112

	 	Broad Street Kroger
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	3.333333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	2.592593	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	2.592593	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	2.592593	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.111111	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.111111	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.111111	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.111111	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.481481	 	 	Cash

105

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.481482	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	1.481482	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Units
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	4112

	 	Broad Street Kroger
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Sho-Ruben Maplewood & Broad LLC
	 	 	0.833333	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4210

	 	Crown Point Burlington Coat Factory
	 	Ann S. Deshe Descendants Trust
	 	LLC
	 	Independence Charlotte NC LLC
	 	 	26.666667	 	 	Cash
	4210

	 	Crown Point Burlington Coat Factory
	 	Jay L. Schottenstein Descendants Trust — 2009
	 	LLC
	 	Independence Charlotte NC LLC
	 	 	46.666666	 	 	Units
	4210

	 	Crown Point Burlington Coat Factory
	 	Susan S. Diamond Descendants Trust
	 	LLC
	 	Independence Charlotte NC LLC
	 	 	26.666667	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4550

	 	Shoppes of Beavercreek
	 	Edward Arndt
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	3.000000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Gerald Greenfield
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	0.664000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Jeff Gould
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	4.800000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Jubilee Limited Partnership
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	70.080000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Michael Schiff
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	1.192000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Ronald Russ
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	20.000000	 	 	Units
	4550

	 	Shoppes of Beavercreek
	 	Tod Friedman
	 	LLC
	 	Shoppes of Beavercreek Ltd.
	 	 	0.264000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4711

	 	Fossil Creek Plaza
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	5.176072	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	David Deshe
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	4.738700	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	Elie Deshe
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	7.405000	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	GSH Miami, LLC
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.002480	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	7.517082	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	Jonathan Schottenstein
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	4.738700	 	 	Units

106

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4711

	 	Fossil Creek Plaza
	 	Joseph Schottenstein
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	7.405000	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	8.456073	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	4.290773	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	Susan Schottenstein Diamond 1987 Irrevocable Trust
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	4.165300	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	0.000410	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	5.351075	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	5.351075	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	5.351075	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	2.293318	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	2.293318	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	2.293318	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	2.293318	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	3.057757	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	3.057757	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	3.057757	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Units
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	4711

	 	Fossil Creek Plaza
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SG-Fort Collins, LLC
	 	 	1.170095	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 

107

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4712

	 	Mentor Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	SG-Mentor, LLC
	 	 	5.176072	 	 	Cash
	4712

	 	Mentor Center
	 	David Deshe
	 	LLC
	 	SG-Mentor, LLC
	 	 	4.738700	 	 	Cash
	4712

	 	Mentor Center
	 	Elie Deshe
	 	LLC
	 	SG-Mentor, LLC
	 	 	7.405000	 	 	Cash
	4712

	 	Mentor Center
	 	GSH Miami, LLC
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.002480	 	 	Units
	4712

	 	Mentor Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SG-Mentor, LLC
	 	 	7.517082	 	 	Units
	4712

	 	Mentor Center
	 	Jonathan Schottenstein
	 	LLC
	 	SG-Mentor, LLC
	 	 	4.738700	 	 	Units
	4712

	 	Mentor Center
	 	Joseph Schottenstein
	 	LLC
	 	SG-Mentor, LLC
	 	 	7.405000	 	 	Units
	4712

	 	Mentor Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	SG-Mentor, LLC
	 	 	8.456073	 	 	Units
	4712

	 	Mentor Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	SG-Mentor, LLC
	 	 	4.290773	 	 	Cash
	4712

	 	Mentor Center
	 	Susan Schottenstein Diamond 1987 Irrevocable Trust
	 	LLC
	 	SG-Mentor, LLC
	 	 	4.165300	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	SG-Mentor, LLC
	 	 	0.000410	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	SG-Mentor, LLC
	 	 	5.351075	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	SG-Mentor, LLC
	 	 	5.351075	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	SG-Mentor, LLC
	 	 	5.351075	 	 	Units
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	SG-Mentor, LLC
	 	 	2.293318	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	SG-Mentor, LLC
	 	 	2.293318	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	SG-Mentor, LLC
	 	 	2.293318	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	SG-Mentor, LLC
	 	 	2.293318	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	SG-Mentor, LLC
	 	 	3.057757	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	SG-Mentor, LLC
	 	 	3.057757	 	 	Cash
	4712

	 	Mentor Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	SG-Mentor, LLC
	 	 	3.057757	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Units
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Units

108

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Units
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	4712

	 	Mentor Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	SG-Mentor, LLC
	 	 	1.170095	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4910

	 	Hendrix Drive
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.764523	 	 	Cash
	4910

	 	Hendrix Drive
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	4.517633	 	 	Units
	4910

	 	Hendrix Drive
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.764523	 	 	Units
	4910

	 	Hendrix Drive
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.764523	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.750000	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	6.365839	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	6.365839	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	6.365839	 	 	Units
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.728216	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.728217	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.728217	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	2.728217	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.637622	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.637622	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	3.637622	 	 	Cash

109

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Units
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Units
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Units
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	4910

	 	Hendrix Drive
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Hendrix Dr LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4911

	 	Lafayette Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.764523	 	 	Cash
	4911

	 	Lafayette Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	4.517633	 	 	Units
	4911

	 	Lafayette Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.764523	 	 	Units
	4911

	 	Lafayette Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.764523	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.750000	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	6.365839	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	6.365839	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	6.365839	 	 	Units
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.728216	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.728217	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.728217	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	2.728217	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.637622	 	 	Cash

110

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.637622	 	 	Cash
	4911

	 	Lafayette Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	3.637622	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Units
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Units
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Units
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	4911

	 	Lafayette Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Lafayette Rd. IN LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4912

	 	Latonia Plaza II
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.764523	 	 	Cash
	4912

	 	Latonia Plaza II
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	4.517633	 	 	Units
	4912

	 	Latonia Plaza II
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.764523	 	 	Units
	4912

	 	Latonia Plaza II
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.764523	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.750000	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	6.365839	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	6.365839	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	6.365839	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.728216	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.728217	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.728217	 	 	Cash

111

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	2.728217	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.637622	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.637622	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	3.637622	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Units
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	4912

	 	Latonia Plaza II
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Latonia Plaza KY LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4913

	 	Greenwood Pavilion
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.764523	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	4.517633	 	 	Units
	4913

	 	Greenwood Pavilion
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.764523	 	 	Units
	4913

	 	Greenwood Pavilion
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.764523	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.750000	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	6.365839	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	6.365839	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	6.365839	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.728216	 	 	Cash

112

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.728217	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.728217	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	2.728217	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.637622	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.637622	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	3.637622	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Units
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	4913

	 	Greenwood Pavilion
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Greenwood IN LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4915

	 	Thomas Street Warehouse
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.764523	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	4.517633	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.764523	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.764523	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.750000	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	6.365839	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	6.365839	 	 	Units

113

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	6.365839	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.728216	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.728217	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.728217	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	2.728217	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.637622	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.637622	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	3.637622	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Units
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	4915

	 	Thomas Street Warehouse
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Wilkinsburg PA LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	4916

	 	5th & Juliana St.
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.764523	 	 	Cash
	4916

	 	5th & Juliana St.
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	4.517633	 	 	Units
	4916

	 	5th & Juliana St.
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.764523	 	 	Units
	4916

	 	5th & Juliana St.
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.764523	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.750000	 	 	Cash

114

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	6.365839	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	6.365839	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	6.365839	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.728216	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.728217	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.728217	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	2.728217	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.637622	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.637622	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	3.637622	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Units
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	4916

	 	5th & Juliana St.
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	Truss Parkersburg WV LLC
	 	 	0.876555	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	5310

	 	Kroger Centre at Sawmill Hard
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners I LLC
	 	 	6.250000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners I LLC
	 	 	6.250000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Sawmill Partners I LLC
	 	 	6.250000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners I LLC
	 	 	6.250000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash

115

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sawmill Partners I LLC
	 	 	2.500000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	50.000000	 	 	 
	Note: Rub, LLC will continue to hold a 50% interest in Sawmill Partners I LLC. Sawmill Partners I LLC holds a 74.71% interest in Sawmill Hard Center LLC, the owner of the Property.	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	5310

	 	Kroger Centre at Sawmill Hard
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners II LLC
	 	 	6.250000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners II LLC
	 	 	6.250000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Sawmill Partners II LLC
	 	 	6.250000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Sawmill Partners II LLC
	 	 	6.250000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Units
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	5310

	 	Kroger Centre at Sawmill Hard
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	Sawmill Partners II LLC
	 	 	2.500000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	50.000000	 	 	 
	Note: Rub, LLC will continue to hold a 50% interest in Sawmill Partners II LLC. Sawmill Partners II LLC holds a 25.29% interest in Sawmill Hard Center LLC, the owner of the Property.	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6010

	 	Page Manor Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Allied Page Manor LLC
	 	 	17.250000	 	 	Cash
	6010

	 	Page Manor Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Page Manor LLC
	 	 	17.250000	 	 	Units
	6010

	 	Page Manor Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Allied Page Manor LLC
	 	 	17.250000	 	 	Units
	6010

	 	Page Manor Shopping Center
	 	Saul Schottenstein 2002 Trust No. 1
	 	LLC
	 	Allied Page Manor LLC
	 	 	12.400000	 	 	Units
	6010

	 	Page Manor Shopping Center
	 	Saul Schottenstein 2002 Trust No. 2
	 	LLC
	 	Allied Page Manor LLC
	 	 	6.200000	 	 	Cash
	6010

	 	Page Manor Shopping Center
	 	Saul Schottenstein 2002 Trust No. 3
	 	LLC
	 	Allied Page Manor LLC
	 	 	6.200000	 	 	Cash
	6010

	 	Page Manor Shopping Center
	 	Saul Schottenstein Subchapter S Trust No. 4
	 	LLC
	 	Allied Page Manor LLC
	 	 	6.200000	 	 	Units
	6010

	 	Page Manor Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Page Manor LLC
	 	 	17.250000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6020

	 	Fairborn Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Allied Fairborn LLC
	 	 	17.250000	 	 	Cash
	6020

	 	Fairborn Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Fairborn LLC
	 	 	17.250000	 	 	Units

116

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	6020

	 	Fairborn Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Allied Fairborn LLC
	 	 	17.250000	 	 	Units
	6020

	 	Fairborn Shopping Center
	 	Saul Schottenstein 2002 Trust No. 1
	 	LLC
	 	Allied Fairborn LLC
	 	 	12.400000	 	 	Units
	6020

	 	Fairborn Shopping Center
	 	Saul Schottenstein 2002 Trust No. 2
	 	LLC
	 	Allied Fairborn LLC
	 	 	6.200000	 	 	Cash
	6020

	 	Fairborn Shopping Center
	 	Saul Schottenstein 2002 Trust No. 3
	 	LLC
	 	Allied Fairborn LLC
	 	 	6.200000	 	 	Cash
	6020

	 	Fairborn Shopping Center
	 	Saul Schottenstein Subchapter S Trust No. 4
	 	LLC
	 	Allied Fairborn LLC
	 	 	6.200000	 	 	Units
	6020

	 	Fairborn Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Fairborn LLC
	 	 	17.250000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6030

	 	Miamisburg Plaza Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Allied Miamisburg LLC
	 	 	17.250000	 	 	Cash
	6030

	 	Miamisburg Plaza Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Miamisburg LLC
	 	 	17.250000	 	 	Units
	6030

	 	Miamisburg Plaza Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Allied Miamisburg LLC
	 	 	17.250000	 	 	Units
	6030

	 	Miamisburg Plaza Shopping Center
	 	Saul Schottenstein 2002 Trust No. 1
	 	LLC
	 	Allied Miamisburg LLC
	 	 	12.400000	 	 	Units
	6030

	 	Miamisburg Plaza Shopping Center
	 	Saul Schottenstein 2002 Trust No. 2
	 	LLC
	 	Allied Miamisburg LLC
	 	 	6.200000	 	 	Cash
	6030

	 	Miamisburg Plaza Shopping Center
	 	Saul Schottenstein 2002 Trust No. 3
	 	LLC
	 	Allied Miamisburg LLC
	 	 	6.200000	 	 	Cash
	6030

	 	Miamisburg Plaza Shopping Center
	 	Saul Schottenstein Subchapter S Trust No. 4
	 	LLC
	 	Allied Miamisburg LLC
	 	 	6.200000	 	 	Units
	6030

	 	Miamisburg Plaza Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Miamisburg LLC
	 	 	17.250000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6040

	 	Park Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	Allied Park LLC
	 	 	17.250000	 	 	Cash
	6040

	 	Park Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Park LLC
	 	 	17.250000	 	 	Units
	6040

	 	Park Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	Allied Park LLC
	 	 	17.250000	 	 	Units
	6040

	 	Park Shopping Center
	 	Saul Schottenstein 2002 Trust No. 1
	 	LLC
	 	Allied Park LLC
	 	 	12.400000	 	 	Units
	6040

	 	Park Shopping Center
	 	Saul Schottenstein 2002 Trust No. 2
	 	LLC
	 	Allied Park LLC
	 	 	6.200000	 	 	Cash
	6040

	 	Park Shopping Center
	 	Saul Schottenstein 2002 Trust No. 3
	 	LLC
	 	Allied Park LLC
	 	 	6.200000	 	 	Cash
	6040

	 	Park Shopping Center
	 	Saul Schottenstein Subchapter S Trust No. 4
	 	LLC
	 	Allied Park LLC
	 	 	6.200000	 	 	Units
	6040

	 	Park Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	Allied Park LLC
	 	 	17.250000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6110

	 	Crossings at Hobart
	 	Edward Arndt
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	2.500000	 	 	Units
	6110

	 	Crossings at Hobart
	 	Gerald Greenfield
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	1.000000	 	 	Units
	6110

	 	Crossings at Hobart
	 	Jeff Gould
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	4.500000	 	 	Units
	6110

	 	Crossings at Hobart
	 	Jubilee Limited Partnership
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	90.500000	 	 	Units
	6110

	 	Crossings at Hobart
	 	Michael Schiff
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	1.000000	 	 	Units
	6110

	 	Crossings at Hobart
	 	Steve Rubin
	 	LLC
	 	Crossings at Hobart-I, LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 

117

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6210

	 	Burlington East
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	East Main Centers — I LLC
	 	 	6.666660	 	 	Cash
	6210

	 	Burlington East
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	East Main Centers — I LLC
	 	 	13.333320	 	 	Units
	6210

	 	Burlington East
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	East Main Centers — I LLC
	 	 	6.666660	 	 	Units
	6210

	 	Burlington East
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	East Main Centers — I LLC
	 	 	6.666660	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	East Main Centers — I LLC
	 	 	5.185195	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	East Main Centers — I LLC
	 	 	5.185196	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	East Main Centers — I LLC
	 	 	5.185196	 	 	Units
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.222226	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.222227	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.222227	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.222227	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.962969	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.962969	 	 	Cash
	6210

	 	Burlington East
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	East Main Centers — I LLC
	 	 	2.962969	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Units
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash

118

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	6210

	 	Burlington East
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	East Main Centers — I LLC
	 	 	1.666665	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6802

	 	Bloomfield Park Gateway Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Bloomfield Park MI LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Bloomfield Park MI LLC holds a 50% interest in Bloomfield Park Center LLC, the owner of the mortgage note secured by the Property. Square Mile Capital Management LLC will continue to hold a 50% interest in Bloomfield Park Center LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6810

	 	Crossings at Hobart Land
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Hobart Land LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	6910

	 	Newnan Crossing
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	SD-Newnan, LLC
	 	 	25.000000	 	 	Cash
	6910

	 	Newnan Crossing
	 	DJM Asset Management, LLC
	 	LLC
	 	SD-Newnan, LLC
	 	 	50.000000	 	 	Cash
	6910

	 	Newnan Crossing
	 	Jubilee Limited Partnership
	 	LLC
	 	SD-Newnan, LLC
	 	 	25.000000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7010

	 	Marguerite Plaza
	 	Jubilee Limited Partnership III
	 	LLC
	 	JBAN, L.L.C.
	 	 	100.000000	 	 	Units
	Note: JBAN, L.L.C. holds a ground lease interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7210

	 	Southside Square
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Jacksonville LLC
	 	 	32.500000	 	 	Units
	7210

	 	Southside Square
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Jacksonville LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Jacksonville LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7220

	 	Hamilton Crossing Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Chattanooga LLC
	 	 	100.000000	 	 	Units
	Note: JLP-Chattanooga LLC holds a 32.5% GP interest in JLPK-Chattanooga Limited Partnership, the owner of the Property. Kimschott Tennessee, Inc. will continue to hold a 42.5% LP interest in JLPK-Chattanooga Limited Partnership.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7220

	 	Hamilton Crossing Shopping Center
	 	SMRE Acquisition Corp.
	 	LP
	 	JLPK-Chattanooga Limited Partnership
	 	 	25.000000	 	 	Cash
	Note: JLP-Chattanooga LLC will continue to hold a 32.5% GP interest in JLPK-Chattanooga Limited Partnership and Kimschott Tennessee, Inc. will continue to hold a 42.5% LP interest in JLPK-Chattanooga Limited Partnership.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7230

	 	Gateway Commerce Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Columbia LLC
	 	 	32.500000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7230

	 	Gateway Commerce Center
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Columbia LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	25.000000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Columbia LLC.

119

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	7240

	 	West Oak I
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Novi LLC
	 	 	32.500000	 	 	Units
	7240

	 	West Oak I
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Novi LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Novi, LLC. JLPK-Novi, LLC holds a ground lease interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7250

	 	Ridgewood Court Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Jackson LLC
	 	 	32.500000	 	 	Units
	7250

	 	Ridgewood Court Shopping Center
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Jackson LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Jackson LLC. JLPK-Jackson LLC holds a ground lease interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7260

	 	Westmoreland Mall South
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Greensburg LLC
	 	 	32.500000	 	 	Units
	7260

	 	Westmoreland Mall South
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Greensburg LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Greensburg LLC. JLPK-Greensburg LLC holds a ground lease interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7270

	 	Oakwood Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Hollywood LLC
	 	 	32.500000	 	 	Units
	7270

	 	Oakwood Plaza
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Hollywood LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Hollywood LLC. JLPK-Hollywood LLC holds a leasehold interest in the Property.
	7280

	 	Argyle Village Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Orange Park LLC
	 	 	32.500000	 	 	Units
	7280

	 	Argyle Village Shopping Center
	 	SMRE Acquisition Corp.
	 	LLC
	 	JLPK-Orange Park LLC
	 	 	25.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	57.500000	 	 	 
	Note: Kimschott, Inc. will continue to hold a 42.5% interest in JLPK-Orange Park LLC. JLPK-Orange Park LLC holds a leasehold interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7410

	 	MacArthur Towne Center
	 	Benton Kraner
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	1.500000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Edward Arndt
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	1.500000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Gerald Greenfield
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	1.000000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Jeff Gould
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	3.500000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	90.000000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Mark Ungar
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	1.000000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Michael Schiff
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	1.000000	 	 	Units
	7410

	 	MacArthur Towne Center
	 	Tod Friedman
	 	LLC
	 	Jubilee-Whitehall Equity LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 

120

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	Note: Jubilee-Whitehall Equity LLC holds a 49.9% LP interest in Kimschott Whitehall, L.P., the owner of the Property, and a 100% interest in Jubilee-Whitehall PA LLC, which holds a 0.1% GP interest in Kimschott Whitehall, L.P.
	Kimco Whitehall L.P. 1190 Business Trust will continue to hold a 50% LP interest in Kimschott Whitehall, L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7504

	 	Dillon Drive Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Pueblo CO LLC
	 	 	50.000000	 	 	Units
	Note: Kimschott TYS-West, Inc. will continue to hold a 50% interest in JLPK-Pueblo CO LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7505

	 	Heritage Plaza
	 	Jubilee Limited Partnership
	 	LLC
	 	JLPK-Albany OR LLC
	 	 	50.000000	 	 	Units
	Note: Kimschott TYS-West, Inc. will continue to hold a 50% interest in JLPK-Albany OR LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7810

	 	Sequoia Mall
	 	Jubilee Limited Partnership
	 	LP
	 	Jubilee-Sequoia Equity L.P.
	 	 	99.000000	 	 	Units
	Note: Jubilee-Sequoia Equity L.P. holds a 49% LP interest in JLPK-Sequoia L.P., the owner of the Property, and a 100% interest in JLP-Sequoia LLC, which holds a 1% GP interest in JLPK-Sequoia L.P.
	Kimco Sequoia, Inc. will continue to hold a 50% LP interest in JLPK-Sequoia L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7810

	 	Sequoia Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Sequoia II LLC
	 	 	100.000000	 	 	Units
	Note: Jubilee-Sequoia II LLC holds a 1% GP interest in Jubilee-Sequoia Equity L.P., the owner of (i) a 49% LP interest in JLPK-Sequoia L.P., the owner of the Property and (ii) a 100% interest in JLP-Sequoia LLC, the 1% GP of JLPK-Sequoia L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8000

	 	The Columbus AirCenter
	 	A. Jeffrey Abrams, Trustee u/a A. Jeffrey Abrams Revocable
Trust Agreement Dated 4/26/2002
	 	LLC
	 	4300 East Fifth Avenue LLC
	 	 	6.670000	 	 	Cash
	8000

	 	The Columbus AirCenter
	 	Katz Family Limited Partnership #2
	 	LLC
	 	4300 East Fifth Avenue LLC
	 	 	10.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	16.670000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: 4300 East Fifth Avenue LLC is the owner of a portion of the Property, and holds a 100% interest in 4300 Venture 34910 LLC and 4300 Venture 6729 LLC, the entities that own the remainder of the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8000

	 	The Columbus AirCenter
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Aircenter, L.L.C.
	 	 	100.000000	 	 	Units
	Note: Jubilee-Aircenter, L.L.C. holds an 83.33% interest in 4300 East Fifth Avenue LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8510

	 	Greenville Kroger Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	H & B Greenville MS LLC
	 	 	6.250000	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	Ben Hayes
	 	LLC
	 	H & B Greenville MS LLC
	 	 	7.500000	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	Douglas Ballinger
	 	LLC
	 	H & B Greenville MS LLC
	 	 	7.500000	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	GSH Miami, LLC
	 	LLC
	 	H & B Greenville MS LLC
	 	 	15.000000	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	H & B Greenville MS LLC
	 	 	6.250000	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	H & B Greenville MS LLC
	 	 	6.250000	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	Marc Hurwitz
	 	LLC
	 	H & B Greenville MS LLC
	 	 	25.000000	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	H & B Greenville MS LLC
	 	 	6.250000	 	 	Cash

121

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	H & B Greenville MS LLC
	 	 	3.111111	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	H & B Greenville MS LLC
	 	 	3.111111	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	H & B Greenville MS LLC
	 	 	3.111111	 	 	Units
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.333333	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.333333	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.333333	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.333333	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.777778	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.777778	 	 	Cash
	8510

	 	Greenville Kroger Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	H & B Greenville MS LLC
	 	 	1.777778	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8700

	 	Schottenstein Property Group, Inc. (Management
Company)
	 	Schottenstein Property Group, Inc.
	 	LLC
	 	Shottenstein Property Group, LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8810

	 	Tollgate Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Oxford LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8811

	 	Value City Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Clarksville IN LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8814

	 	Route 20 Big Lots
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Norwalk LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8816

	 	Springdale Crossing
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Springdale LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8818

	 	Crown Point Value City Furniture
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Charlotte NC LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8825

	 	Market Street Plaza
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Market St Sandusky LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8827

	 	Benwood Crossings
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Benwood WV LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8828

	 	Barboursville Crossings
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC-Barboursville, L.L.C.
	 	 	100.000000	 	 	Cash
	Note: SSC-Barboursville, L.L.C. holds a ground lease interest in the Property.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8829

	 	Beckley Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Beckley WV LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8830

	 	Lakeview Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Parkersburg WV LLC
	 	 	100.000000	 	 	Cash

122

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	8833

	 	Pleasant Valley Plaza
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Altoona PA LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8835

	 	Chapel Hill Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Akron LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8837

	 	River Oaks Market Place
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Calumet City IL LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8844

	 	Value City Furniture Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Burbank IL LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8845

	 	Mid Rivers Mall
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC St. Peters MO LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8848

	 	Best Buy Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Pittsburgh PA LLC
	 	 	100.000000	 	 	Cash
	Note: SSC Pittsburgh PA LLC holds a leasehold interest in the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8862

	 	Burlington East Leasehold Interest
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC East Main Center Lease LLC
	 	 	100.000000	 	 	Cash
	Note: SSC East Main Center Lease LLC holds a leasehold interest in the Property. East Main Centers — I LLC is the owner of the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8872

	 	Monroeville Shopping Center
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Monroeville PA LLC
	 	 	100.000000	 	 	Cash
	Note: SSC Monroeville PA LLC holds a ground lease interest in the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8873

	 	Crossings Mall
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Mishawaka IN LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8875

	 	Dearborn Park Corporate Center V
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC 640-680 Dearborn LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8876

	 	Dearborn Park Corporate Center VI and VII
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC 771-777 Dearborn LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8877

	 	Tuller Ridge Commerce Park
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Tuller Ridge LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8878

	 	Lakeview Plaza
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Lakeview Blvd LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8879

	 	Creek Run
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Schrock Rd LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	8881

	 	Dixie Hwy
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Louisville KY LLC
	 	 	100.000000	 	 	Cash

123

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	8883

	 	Broadway
	 	Schottenstein Stores Corporation
	 	LLC
	 	SSC Broadway NY LLC
	 	 	100.000000	 	 	Cash
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	9010

	 	Foothills Mall
	 	Donald Goldstein
	 	LLC
	 	J Foothills Holdco, LLC
	 	 	5.000000	 	 	Units
	9010

	 	Foothills Mall
	 	Jay L. Schottenstein Descendants Trust — 2009
	 	LLC
	 	J Foothills Holdco, LLC
	 	 	85.000000	 	 	Units
	9010

	 	Foothills Mall
	 	JSSI Capital Enterprises, LLC
	 	LLC
	 	J Foothills Holdco, LLC
	 	 	10.000000	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: J Foothills Holdco, LLC holds a 100% interest in J Foothills, LLC, the owner of the Property.	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1510/1511

	 	Colerain Hills
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	5.335800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	10.671600	 	 	Units
	1510/1511

	 	Colerain Hills
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	5.335800	 	 	Units
	1510/1511

	 	Colerain Hills
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	5.335800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	2.486800	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	7.255422	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	7.255422	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	7.255422	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	3.109466	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	3.109467	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	3.109467	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	3.109467	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	4.145955	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	4.145956	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	4.145956	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Units

124

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Units
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	1510/1511

	 	Colerain Hills
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	8403 Colerain Ave LLC
	 	 	0.181100	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-10

	 	Valencia Lowe’s Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	Valencia Road LLC
	 	 	6.300000	 	 	Cash
	1790-10

	 	Valencia Lowe’s Shopping Center
	 	Jeff Gould
	 	LLC
	 	Valencia Road LLC
	 	 	2.500000	 	 	Units
	1790-10

	 	Valencia Lowe’s Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Valencia Road LLC
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Kimco Valencia Inc. will continue to have a 50% interest in Valencia Road LLC and Tiger Realty Investments LLC will continue to have a 22.5% interest in Valencia Road LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-11

	 	Parmer Crossing
	 	Bernstein Financial Group, L.L.C.
	 	LP
	 	Kimschott Austin 1993-16, LP
	 	 	6.300000	 	 	Cash
	1790-11

	 	Parmer Crossing
	 	Jeff Gould
	 	LP
	 	Kimschott Austin 1993-16, LP
	 	 	2.500000	 	 	Units
	1790-11

	 	Parmer Crossing
	 	Jubilee Limited Partnership
	 	LP
	 	Kimschott Austin 1993-16, LP
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimschott Austin 1993-16, LP holds a beneficiary interest in the trust that owns the Property. Kimco Austin Inc. will continue to have a 1% GP interest in Kimschott Austin 1993-16, LP.
	Kimco Realty Corporation will continue to have a 49% LP interest in Kimschott Austin 1993-16, LP. Dana ADA Realty LLC will continue to have a 22.5% LP interest in Kimschott Austin 1993-16, LP.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-12

	 	Folsom Kohl’s Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LP
	 	Kimschott-Folsom 1993-2 L.P.
	 	 	6.300000	 	 	Cash
	1790-12

	 	Folsom Kohl’s Shopping Center
	 	Jeff Gould
	 	LP
	 	Kimschott-Folsom 1993-2 L.P.
	 	 	2.500000	 	 	Units
	1790-12

	 	Folsom Kohl’s Shopping Center
	 	Jubilee Limited Partnership
	 	LP
	 	Kimschott-Folsom 1993-2 L.P.
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimschott-Folsom 1993-2, LP holds a beneficiary interest in the trust that owns the Property. Kimco Folsom 1106, Inc. will continue to have a 1% GP interest in Kimschott-Folsom 1993-2 L.P.
	Kimco Realty Corporation will continue to have a 49% LP interest in Kimschott-Folsom 1993-2 L.P. Dana ADA Realty LLC will continue to have a 22.5% LP interest in Kimschott-Folsom 1993-2 L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-13

	 	Tustin Kmart Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LP
	 	Kimschott Tustin 1993-21, L.P.
	 	 	6.300000	 	 	Cash
	1790-13

	 	Tustin Kmart Shopping Center
	 	Jeff Gould
	 	LP
	 	Kimschott Tustin 1993-21, L.P.
	 	 	2.500000	 	 	Units
	1790-13

	 	Tustin Kmart Shopping Center
	 	Jubilee Limited Partnership
	 	LP
	 	Kimschott Tustin 1993-21, L.P.
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimschott Tustin 1993-21, L.P. holds a beneficiary interest in the trust that owns the Property. Kimco Tustin 1107, Inc. will continue to have a 1% GP interest in Kimschott Tustin 1993-21, L.P.
	Kimco Realty Corporation will continue to have a 49% LP interest in Kimschott Tustin 1993-21, L.P. Dana ADA Realty LLC will continue to have a 22.5% LP interest in Kimschott Tustin 1993-21, L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-14

	 	Kenai Home Depot Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LP
	 	Kimschott Kenai 1993-5, L.P.
	 	 	6.300000	 	 	Cash
	1790-14

	 	Kenai Home Depot Shopping Center
	 	Jeff Gould
	 	LP
	 	Kimschott Kenai 1993-5, L.P.
	 	 	2.500000	 	 	Units
	1790-14

	 	Kenai Home Depot Shopping Center
	 	Jubilee Limited Partnership
	 	LP
	 	Kimschott Kenai 1993-5, L.P.
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 

125

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimschott Kenai 1993-5, L.P. holds a beneficiary interest in the trust that owns the Property. Kimco Kenai 1108, Inc. will continue to have a 1% GP interest in Kimschott Kenai 1993-5, L.P.
	Kimco Realty Corporation will continue to have a 49% LP interest in Kimschott Kenai 1993-5, L.P. Dana ADA Realty LLC will continue to have a 22.5% interest in Kimschott Kenai 1993-5, L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-15

	 	Valdosta Lowe’s Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	Kimschott Valdosta, LLC
	 	 	6.300000	 	 	Cash
	1790-15

	 	Valdosta Lowe’s Shopping Center
	 	Jeff Gould
	 	LLC
	 	Kimschott Valdosta, LLC
	 	 	2.500000	 	 	Units
	1790-15

	 	Valdosta Lowe’s Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Kimschott Valdosta, LLC
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimco Valdosta 1030, Inc. will continue to have a 50% interest in Kimschott Valdosta, LLC and Tiger Realty Investments LLC will continue to have a 22.5% interest in Kimschott Valdosta, LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-16

	 	The Marketplace at Factoria Mall
	 	Benton Kraner
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	1.500000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Edward Arndt
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	1.500000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Gerald Greenfield
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	1.000000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Jeff Gould
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	3.500000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	90.000000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Mark Ungar
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	1.000000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Michael Schiff
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	1.000000	 	 	Units
	1790-16

	 	The Marketplace at Factoria Mall
	 	Tod Friedman
	 	LLC
	 	Jubilee-Factoria LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	Note: Jubilee-Factoria LLC has a 50% interest in Kimschott Factoria Mall, LLC, the owner of the Property. Kimco Factoria 1188, Inc. will continue to have a 50% interest in Kimschott Factoria Mall, LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-17

	 	Valdosta Lowe’s Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	Kimschott Oak Tree, L.L.C.
	 	 	6.300000	 	 	Cash
	1790-17

	 	Valdosta Lowe’s Shopping Center
	 	Jeff Gould
	 	LLC
	 	Kimschott Oak Tree, L.L.C.
	 	 	2.500000	 	 	Units
	1790-17

	 	Valdosta Lowe’s Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Kimschott Oak Tree, L.L.C.
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimco Valdosta 1030, Inc. will continue to have a 50% interest in Kimschott Oak Tree, L.L.C. and Tiger Realty Investments LLC will continue to have a 22.5% interest in Kimschott Oak Tree, L.L.C.

126

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1790-20

	 	Maple Hill Mall
	 	Benton Kraner
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	1.500000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Edward Arndt
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	1.500000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Gerald Greenfield
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	1.000000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Jeff Gould
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	3.500000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	90.000000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Mark Ungar
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	1.000000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Michael Schiff
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	1.000000	 	 	Units
	1790-20

	 	Maple Hill Mall
	 	Tod Friedman
	 	LLC
	 	JLP-Maple Hill LLC
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	Note: JLP-Maple Hill LLC has a 50% interest in K & S Maple Hill Mall L.P. Kimco Maple Hill 138, Inc. will continue to have a 1% GP interest in K & S Maple Hill Mall L.P.
	Kimco Realty Corporation will continue to have a 49% LP interest in K & S Maple Hill Mall L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-4

	 	Greenwood Village
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	Kimschott Greenwood Village LLC
	 	 	6.300000	 	 	Cash
	1790-4

	 	Greenwood Village
	 	Jeff Gould
	 	LLC
	 	Kimschott Greenwood Village LLC
	 	 	2.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	8.800000	 	 	 
	Note: Kimco Greenwood Village 2022, Inc. will continue to have a 50% interest in Kimschott Greenwood Village LLC and Tiger Realty Investments LLC will continue to have a 22.5% interest in Kimschott Greenwood Village LLC. Kimschott Greenwood Village LLC owns 100% of Greenwood Village LLC, the owner of the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-4

	 	Greenwood Village
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Greenwood LLC
	 	 	100.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Jubilee-Greenwood LLC has an 18.7% interest in Kimschott Greenwood Village LLC. Kimschott Greenwood Village LLC owns 100% of Greenwood Village LLC, the owner of the Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-5

	 	El Cajon Kohl’s Shopping Center
	 	Jubilee Limited Partnership
	 	LP
	 	K&S El Cajon L.P.
	 	 	50.000000	 	 	Units
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Kimco El Cajon 1028, Inc. will continue to have a 1% GP interest in K&S El Cajon L.P. and Kimco Realty Corporation will continue to have a 49% LP interest in K&S El Cajon L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	1790-6

	 	Morgan Hill Home Depot Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LP
	 	K&S Morgan Hill L.P.
	 	 	6.300000	 	 	Cash
	1790-6

	 	Morgan Hill Home Depot Shopping Center
	 	Jeff Gould
	 	LP
	 	K&S Morgan Hill L.P.
	 	 	2.500000	 	 	Units
	1790-6

	 	Morgan Hill Home Depot Shopping Center
	 	Jubilee Limited Partnership
	 	LP
	 	K&S Morgan Hill L.P.
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimco Morgan Hill 1032, Inc. will continue to have a 1% GP interest in K&S Morgan Hill L.P. Kimco Realty Corporation will continue to have a 49% LP interest in K&S Morgan Hill L.P.
	Tiger Realty Investments will continue to have a 22.5% LP interest in K&S Morgan Hill L.P.

127

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	1790-9

	 	Marana Ina Lowe’s Shopping Center
	 	Bernstein Financial Group, L.L.C.
	 	LLC
	 	Marana Ina Road LLC
	 	 	6.300000	 	 	Cash
	1790-9

	 	Marana Ina Lowe’s Shopping Center
	 	Jeff Gould
	 	LLC
	 	Marana Ina Road LLC
	 	 	2.500000	 	 	Units
	1790-9

	 	Marana Ina Lowe’s Shopping Center
	 	Jubilee Limited Partnership
	 	LLC
	 	Marana Ina Road LLC
	 	 	18.700000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	27.500000	 	 	 
	Note: Kimco Marana 1024, Inc. will continue to have a 50% interest in Marana Ina Road LLC and Tiger Realty Investments LLC will continue to have a 22.5% interest in Marana Ina Road LLC.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Benton Kraner
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	1.500000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Edward Arndt
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	2.000000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Gerald Greenfield
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	1.500000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Jeff Gould
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	3.000000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Jubilee Limited Partnership
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	90.000000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Mark Ungar
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	1.000000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Michael Schiff
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	0.500000	 	 	Units
	2619-2621

	 	Woodyard Crossings, Residential Land, and
Aquasco Woodlands
	 	Tod Friedman
	 	LLC
	 	Jubilee-Maryland SC, L.L.C.
	 	 	0.500000	 	 	Units
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 
	Note: Jubilee-Maryland SC, L.L.C. is the 100% owner of Jubilee-Clinton II LLC, the owner of the Woodyard Crossings Property, and Jubilee-Clinton II Residential LLC, the owner of the Residential Land Property, and (iii) Jubilee-Clinton II Aquasco LLC, the owner of the Aquasco Woodlands Property.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7850-7852

	 	Laguna Mall, Stoneridge Mall, Nordstrom’s at
Fashion Valley
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-California LLC
	 	 	100.000000	 	 	Units
	Note: JLP-California LLC holds a .01% GP interest in JKS-Pleasanton L.P., the owner of Stoneridge Mall, JKS-Laguna Hills L.P., which holds a ground lease interest in Laguna Mall, and JKS-San Diego, L.P., which holds a ground lease interest in Nordstrom’s at Fashion Valley. Kimco JLP-California, Inc. and SPG California
Investments, Inc. will each continue to hold a 33.33% LP interest in JKS-Pleasanton, L.P., JKS-Laguna Hills L.P., and JKS-San Diego, L.P.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7850-7852

	 	Laguna Mall, Stoneridge Mall, Nordstrom’s at
Fashion Valley
	 	Jubilee Limited Partnership
	 	LLC
	 	JLP-California GP LLC
	 	 	100.000000	 	 	Units
	Note: JLP-California GP LLC holds a .01% GP interest in JLP-California Equity, L.P., the holder of a 33.33% LP interest in each of JKS-Pleasanton L.P., the owner of Stoneridge Mall, JKS-Laguna Hills L.P., which holds a ground lease interest in Laguna Mall, and JKS-San Diego, L.P., which holds a ground lease interest in
Nordstrom’s at Fashion Valley.
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	7850-7852

	 	Laguna Mall, Stoneridge Mall, Nordstrom’s at
Fashion Valley
	 	Jubilee Limited Partnership
	 	LP
	 	JLP-California Equity L.P.
	 	 	99.990000	 	 	Units
	Note: JLP-California Equity L.P. holds a 33.33% interest in each of JKS-Pleasanton L.P., the owner of Stoneridge Mall, JKS-Laguna Hills L.P., which holds a ground lease interest in Laguna Mall, and JKS-San Diego, L.P., which holds a ground lease interest in Nordstrom’s at Fashion Valley. Kimco JLP-California, Inc. and SPG
California Investments, Inc. will each continue to hold a 33.33% LP interest in JKS-Pleasanton, L.P., JKS-Laguna Hills L.P., and JKS-San Diego, L.P.

128

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	SCAC1425

	 	North County Plaza
	 	Jay L. Schottenstein Descendants Trust — 2009
	 	LLC
	 	JKIMBIG LLC
	 	 	100.000000	 	 	Units
	SCAF1413

	 	Fullertown Town Center	 	 	 	 	 	 	 	 	 	 	 	 
	SCAL1418

	 	La Verne Town Center	 	 	 	 	 	 	 	 	 	 	 	 
	SCAM1474

	 	Rheem Valley	 	 	 	 	 	 	 	 	 	 	 	 
	SCAS1443A

	 	Cable Park	 	 	 	 	 	 	 	 	 	 	 	 
	SCAT1428

	 	Palomar Village Shopping Center	 	 	 	 	 	 	 	 	 	 	 	 
	SCAT1564

	 	Southwood Village	 	 	 	 	 	 	 	 	 	 	 	 
	SCAW1463

	 	Lakewood Shopping Center	 	 	 	 	 	 	 	 	 	 	 	 
	SCAW1464

	 	Lakewood Village	 	 	 	 	 	 	 	 	 	 	 	 
	SMDG1562

	 	Gaitherstowne Plaza	 	 	 	 	 	 	 	 	 	 	 	 
	SNVL1501A

	 	Cheyenne Commons	 	 	 	 	 	 	 	 	 	 	 	 
	SNVL1508

	 	Rainbow Promenade	 	 	 	 	 	 	 	 	 	 	 	 
	SORH1531

	 	Sunset Esplanade	 	 	 	 	 	 	 	 	 	 	 	 
	SWAK1494

	 	Panther Lake	 	 	 	 	 	 	 	 	 	 	 	 
	SWAO1491A

	 	Olympia Square	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

	 	 	 
	Note: JKIMBIG LLC holds a 13.4% LP interest in KIM-BIG 2 JV LP. KIM-BIG 2 JV GP, Inc. will continue to hold a 0% GP interest in KIM-BIG 2 JV LP. Susan Sheridan will continue to hold a 3.4% LP interest in KIM-BIG 2 JV LP. BIG US Holdings, Inc. will continue to hold a 49.9% LP interest in KIM-BIG 2 JV LP. KRC-BIG Retail,
Inc. will continue to hold a 33.3% LP interest in KIM-BIG 2 JV LP. KIM-BIG 2 JV LP holds the following interests:
	1)	 	(i) a 99% LP interest in PK I North County Plaza LP, the owner of North County Plaza and (ii) a 100% interest in PK I North County GP LLC, which holds a 1% GP interest in PK I North County Plaza LP.
	2)	 	(i) a 99% LP interest in PK I Fullertown Town Center LP, the owner of the Fullertown Town Center and (ii) a 100% interest in PK I Fullerton GP LLC, which holds a 1% GP interest in PK I Fullertown Town Center LP.
	3)	 	(i) a 99% LP interest in PK I La Verne Town Center LP, the owner of La Verne Town Center and (ii) a 100% interest in PK I La Verne GP LLC, which holds a 1% GP interest in PK I La Verne Town Center LP.
	4)	 	(i) a 99% LP interest in PK I Rheem Valley LP, the owner of Rheem Valley and (ii) a 100% interest in PK I Rheem Valley GP LLC, which holds a 1% GP interest in PK I Rheem Valley LP.
	5)	 	(i) a 99% LP interest in PK I Cable Park LP, the owner of Cable Park and (ii) a 100% interest in PK I Cable Park Holdco LLC, which holds a 1% GP interest in PK I Cable Park LP.
	6)	 	(i) a 99% LP interest in PK I Palomar Village SC LP, the owner of Palomar Village Shopping Center and (ii) a 100% interest in PK I Palomar Village GP LLC, which holds a 1% GP interest in PK I Palomar Village GP LLC.
	7)	 	(i) a 99.5% LP interest in CH Realty III/Southwood, L.P., the owner of Southwood Village and (ii) a 100% interest in CH Realty III/Southwood GP, L.L.C., which holds a 0.5% GP interest in CH Realty III/Southwood, L.P.
	8)	 	(i) a 99% LP interest in PK I Lakewood SC LP, the owner of Lakewood Shopping Center and (ii) a 100% interest in PK I Lakewood Shopping Center GP LLC, which holds a 1% GP interest in PK I Lakewood SC LP.
	9)	 	(i) a 99% LP interest in PK I Lakewood Village LP, the owner of Lakewood Village and (ii) a 100% interest in PK I Lakewood Village GP LLC, which holds a 1% GP interest in PK I Lakewood Village LP.
	10)	 	a 100% interest in CH Realty III/Gaitherstowne Investor, L.L.C., which holds a 100% interest in CH Realty III/Gaitherstowne, L.L.C, the owner of Gaitherstowne Plaza.
	11)	 	a 100% interest in PK I Cheyenne Commons Holdco LLC, which holds a 100% interest in PK I Cheyenne Commons LLC, the owner of Cheyenne Commons.
	12)	 	a 100% interest in PK I Rainbow Promenade LLC, the owner of Rainbow Promenade.
	13)	 	a 100% interest in PK I Sunset Esplanade LLC, the owner of Sunset Esplanade.
	14)	 	a 100% interest in PK I Panther Lake LLC, the owner of Panther Lake.
	15)	 	a 100% interest in PK I Olympia Square Holdco LLC, which holds a 100% interest in PK I Olympia Square LLC, the owner of Olympia Square.

129

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	Westerville Shopping Center
	 	Ann Schottenstein Deshe 1983 Discretionary Trust
	 	LLC
	 	WC — Schott Partners LLC
	 	 	11.735880	 	 	Cash
	 

	 	Westerville Shopping Center
	 	Jay L. Schottenstein 1983 Discretionary Trust
	 	LLC
	 	WC — Schott Partners LLC
	 	 	15.276360	 	 	Units
	 

	 	Westerville Shopping Center
	 	Lori Schottenstein 1984 Discretionary Trust
	 	LLC
	 	WC — Schott Partners LLC
	 	 	10.115880	 	 	Units
	 

	 	Westerville Shopping Center
	 	Susan Schottenstein 1983 Discretionary Trust
	 	LLC
	 	WC — Schott Partners LLC
	 	 	3.560480	 	 	Cash
	 

	 	Westerville Shopping Center
	 	Susan Schottenstein Diamond 1987 Irrevocable Trust
	 	LLC
	 	WC — Schott Partners LLC
	 	 	8.175400	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10
	 	LLC
	 	WC — Schott Partners LLC
	 	 	0.113600	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1
	 	LLC
	 	WC — Schott Partners LLC
	 	 	5.185226	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2
	 	LLC
	 	WC — Schott Partners LLC
	 	 	5.185227	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3
	 	LLC
	 	WC — Schott Partners LLC
	 	 	5.185227	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.222240	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.222240	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.222240	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.222240	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.962986	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.962987	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10
	 	LLC
	 	WC — Schott Partners LLC
	 	 	2.962987	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #1
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #2
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #3
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Units
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #4
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #5
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash

130

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Property No.	 	Property Name	 	Contributing Member	 	Type of Interest	 	Existing Entity2	 	%
Interest in Existing Entity1	 	Cash/Units3
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #6
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #7
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #8
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #9
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	Westerville Shopping Center
	 	The Saul Schottenstein 1984-2011 Trust #10
	 	LLC
	 	WC — Schott Partners LLC
	 	 	1.666640	 	 	Cash
	 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 	100.000000	 	 	 

 

Note: WC — Schott Partners LLC holds a 50% interest in Westerville State St. LLC, the owner of the Property. Case Asset Management Limited Partnership will continue to hold a 50% interest in Westerville State St. LLC.

1 — The % Interest is the Contributing Member’s ownership interest and does not necessarily reflect the Contributing Member’s relative capital account in each Existing Entity.

2 — Except as otherwise indicated, the Existing Entity or applicable subsidiary thereof owns a fee interest in the Property.

3 — The total Consideration will consist of 19,785,540 OP Units and $190,100,000 in Cash Payments based on a mid-point of $15/OP Unit. If the actual public offering price is greater than the mid-point, the cash will be proportionately greater. If the actual public offering price is less than the mid-point, the cash will be
proportionately less.

131

 

Exhibit B

Form of Registration Rights Agreement

 

132

 

EXHIBIT
B

FORM OF REGISTRATION RIGHTS AGREEMENT

     This REGISTRATION RIGHTS AGREEMENT, dated as of      , 2011, is made and entered into
by and between Schottenstein Realty Trust, Inc., a Maryland corporation (the “Company”),
and certain holders listed on Schedule 1 hereto.

RECITALS

     WHEREAS, the Company has prepared a registration statement on Form S-11 (File No. 333-171302)
with respect to the issuance and sale of its common stock, par value $0.01 per share (the
“Common Stock”), with the Securities and Exchange Commission (the “Commission”)
under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to which the
Company intends to conduct an underwritten initial public offering of shares of the Company’s
Common Stock (the “IPO”);

     WHEREAS, in connection with the IPO, the Company and Schottenstein Realty, LP, a Delaware
limited partnership (the “OP”), have entered into that Second Amended and Restated
Contribution Agreement, dated as of      , 2011, pursuant to which the holders listed on
Schedule 2 hereof (the “Contributing Members”) of limited liability company, or
general or limited partnership interests (the “Contributing Member Interests”) in one or
more limited liability companies or partnerships (the “Existing Entities”) exchanged their
Contributing Member Interests for units of limited partnership interests of the OP (the “OP
Units”);

     WHEREAS, the OP Units are exchangeable into the Common Stock in accordance with the terms and
conditions of the Amended and Restated Agreement of Limited Partnership of the OP, dated as of
        , 2011 (the “OP Agreement”), entered into by and among the Company, as the general
partner of the OP, Schottenstein Realty LLC, as the initial limited partner, and the Contributing
Members, as limited partners thereof;

     WHEREAS, the Company has agreed to grant to the members of its senior management an aggregate
of            LTIP Units in the OP (“Management LTIP Units”) pursuant to the OP Agreement
and certain LTIP Award Agreements, dated the date hereof, between the Company and members of the
Company’s senior management listed on Schedule 3 (the “LTIP Recipients”) as an
award under the Company’s 2011 incentive compensation plan, as adopted on      , 2011 (the
“Equity Plan”);

     WHEREAS, the Company has agreed to grant to the members of its senior management an aggregate
of            shares of restricted Common Stock (the “Management Restricted Shares”)
pursuant to certain Restricted Stock Agreements dated the date hereof, between the Company and
members of the Company’s senior management listed on Schedule 4 (the “Management
Restricted Share Recipients”) as an award under the Equity Plan;

     WHEREAS, the Company has agreed to grant to its independent directors            shares of
restricted Common Stock (the “Independent Director Restricted Shares,” and together with
the

 

 

Management Restricted Shares, the “Restricted Shares”) pursuant to certain Restricted
Stock Agreements, dated the date hereof, between the Company and members of the Company’s board of
directors listed on Schedule 5 (the “Independent Director Restricted Share
Recipients,” and together with the Management Restricted Share Recipients, the “Restricted
Share Recipients”) as an award under the Equity Plan;

     WHEREAS, the Company may, from time to time, grant to members of its senior management team
additional awards under the Equity Plan consisting of, or based upon, shares of Common Stock (the
“Additional Plan Shares”); and

     WHEREAS, the Company desires to enter into this Agreement with the Holders (as defined below)
in order to grant the Holders the registration rights contained herein.

     NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants
contained in this Agreement, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

     Section 1. Definitions. As used in this Agreement, the following terms shall have the
following meanings:

     “Additional Plan Shares” shall have the meaning set forth in the Recitals hereof.

     “Agreement” shall mean this Registration Rights Agreement as originally executed and
as amended, supplemented or restated from time to time.

     “Board” shall mean the Board of Directors of the Company.

     “Business Day” shall mean any day other than Saturday, Sunday or a day on which
commercial banks in New York, New York are directed or permitted to be closed.

     “Commission” shall have the meaning set forth in the Recitals hereof.

     “Common Stock” shall have the meaning set forth in the Recitals hereof.

     “Company” shall have the meaning set forth in the introductory paragraph hereof.

     “Contributing Member Interests” shall have the meaning set forth in the Recitals
hereof.

     “Contributing Members” shall have the meaning set forth in the Recitals hereof.

     “Contributor Shares” shall mean Common Stock that may be acquired by the Holders in
connection with the exercise by such Holders of the exchange rights associated with the OP Units
received in exchange for Contributing Member Interests.

     “Controlling Person” shall have the meaning set forth in Section 5(a) of this
Agreement.

     “Demand Registration” shall have the meaning set forth in Section 2.2(a) of
this Agreement.

2

 

     “Demand Registration Notice” shall have the meaning set forth in
Section 2.2(a) of this Agreement.

     “Demand Registration Statement” shall have the meaning set forth in
Section 2.2(a) of this Agreement.

     “Depositary” shall mean The Depository Trust Company, or any other depositary
appointed by the Company, provided, however, that such depositary must have an address in the
Borough of Manhattan, in the City of New York.

     “End of Suspension Notice” shall have the meaning set forth in Section 3(a) of
this Agreement.

     “Equity Plan” shall have the meaning set forth in the Recitals hereof.

     “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended (or any
corresponding provision of succeeding law) and the rules and regulations thereunder.

     “Exchangeable OP Units” shall mean OP Units that may be redeemable for cash or, at the
Company’s option, exchangeable for shares of Common Stock pursuant to Section 8.06 of the OP
Agreement.

     “Existing Entities” shall have the meaning set forth in the Recitals hereof.

     “FINRA” shall mean the Financial Industry Regulatory Authority, Inc.

     “Holders” shall mean (i) the Contributing Members, the LTIP Recipients and the
Restricted Share Recipients as holders of Registrable Securities and (ii) any direct or indirect
transferee, to the extent permitted under the Company’s charter and the OP Agreement, of such
Registrable Securities from a Contributor, an LTIP Recipient or a Restricted Share Recipient, as
the case may be, provided, that such transferee agrees in writing to be bound by all the provisions
hereof. For purposes of this Agreement, the Company may deem and treat the registered holder of a
Registrable Security as the Holders and absolute owner thereof, unless notified to the contrary in
writing by the registered Holders thereof.

     “Independent Director Restricted Share Recipients” shall have the meaning set forth in
the Recitals hereof.

     “Independent Director Restricted Shares” shall have the meaning set forth in the
Recitals hereof.

     “IPO” shall have the meaning set forth in the Recitals hereof.

     “Liabilities” shall have the meaning set forth in Section 5(a)(i) of this
Agreement.

     “LTIP Recipients” shall have the meaning set forth in the Recitals hereof.

     “LTIP Units” shall mean units issued by the OP classified as LTIP Units.

3

 

     “Management LTIP Units” shall have the meaning set forth in the Recitals hereof.

     “Management Restricted Share Recipients” shall have the meaning set forth in the
Recitals hereof.

     “Management Restricted Shares” shall have the meaning set forth in the Recitals
hereof.

     “Management Shares” shall mean the Common Stock that may be acquired by the LTIP
Recipients in connection with the exercise by such LTIP Recipients of the exchange rights
associated with the Management LTIP Units.

     “OP” shall have the meaning set forth in the Recitals hereof.

     “OP Agreement” shall have the meaning set forth in the Recitals hereof.

     “OP Units” shall have the meaning set forth in the Recitals hereof.

     “Other Registration Statement” shall have the meaning set forth in
Section 2.2(a) of this Agreement.

     “Person” shall mean any individual, partnership, corporation, limited liability
company, joint venture, association, trust, unincorporated organization or other governmental or
legal entity.

     “Registrable Securities” shall mean at any time (i) the Contributor Shares, (ii) the
Management Shares, (iii) the Restricted Shares and (iv) the Additional Plan Shares, each upon
original issuance thereof and at all time subsequent thereto, including upon the transfer thereof
by the original Holders or any subsequent Holders and any securities issued in respect of such
securities by reason of or in connection with any exchange for or replacement of such securities or
any stock dividend, stock distribution, stock split, purchase in any rights offering or in
connection with any combination of shares, recapitalization, merger or consolidation, or any other
equity securities issued pursuant to any other pro rata distribution with respect to the Common
Stock, until, in the case of any such securities, the earliest to occur of (i) the date on which a
Registration Statement with respect to the sale of such Registrable Securities shall have become
effective under the Securities Act and such Registrable Securities shall have been sold,
transferred, disposed of or exchanged in accordance with such Registration Statement, (ii) the date
on which such Registrable Securities shall have ceased to be outstanding, (iii) the date on which
such Registrable Securities are eligible for sale without registration pursuant to Rule 144 (or any
successor provision) under the Securities Act or (iv) the date on which such Registrable Securities
have been sold and all transfer restrictions and restrictive legends with respect to such
Registrable Securities are removed upon the consummation of such sale.

     “Registration Statement” means any registration statement filed by the Company with
the Commission in compliance with the Securities Act (including any Demand Registration Statement
or Other Registration Statement) for a public offering and sale of the Common Stock or other
securities of the Company, including the prospectus, amendments and supplements to such
Registration Statement, including post-effective amendments, all exhibits and all materials
incorporated by reference or deemed to be incorporated by reference in such Registration

4

 

Statement (other than a registration statement (i) on Form S-4 or Form S-8 or any successor
form to Form S-4 or Form S-8 or in connection with any employee or director welfare, benefit or
compensation plan, (ii) covering only securities proposed to be issued in exchange for securities
or assets of another entity, (iii) in connection with an exchange offer or an offering of
securities exclusively to existing security holders of the Company or its subsidiaries,
(iv) relating to a transaction pursuant to Rule 145 of the Securities Act, (v) for an offering of
debt that is convertible into equity securities of the Company, or (vi) for a dividend reinvestment
plan).

     “Restricted Shares” shall have the meaning set forth in the Recitals hereof.

     “Restricted Share Recipients” shall have the meaning set forth in the Recitals hereof.

     “Securities Act” shall have the meaning set forth in the Recitals hereof.

     “Selling Holders’ Counsel” shall mean one counsel for the Holders that is selected by
the Holders holding a majority of the Registrable Securities included in a Registration Statement
and that is reasonably acceptable to the Company.

     “Shelf Registration Statement” shall have the meaning set forth in
Section 2.1(a) of this Agreement.

     “Suspension Event” shall have the meaning set forth in Section 3(a) of this
Agreement.

     “Suspension Notice” shall have the meaning set forth in Section 3(a) of this
Agreement.

     “Underwritten Offering” shall mean a sale of securities of the Company to an
underwriter or underwriters for reoffering to the public.

     Section 2. Registrations.

          2.1(a) Shelf Registration. The Company agrees to use commercially reasonable efforts
to file with the Commission no later than 12 months after the closing of the IPO and during a
period of time that the issuer of the Registrable Securities is eligible to use Form S-3 (or any
similar or successor form), a registration statement with respect to the Registrable Securities
under the Securities Act on Form S-3 (or any similar or successor form) for the offering to be made
on a continuous basis pursuant to Rule 415 under the Securities Act (the “Shelf Registration
Statement”), and will use commercially reasonable efforts to cause such Shelf Registration
Statement to be declared effective by the Commission as soon as practicable thereafter. With
respect to Holders other than Affiliates of the Company, the Company may, at its option, satisfy
its obligation in this Section 2.1(a) to register on a Shelf Registration Statement the
resale of the Registrable Securities by instead registering on a Shelf Registration Statement the
issuance of the Registrable Securities by the Company to such Holders, provided such
issuance Shelf Registration Statement is initially filed within the time period required by the
Staff of the Commission. The Shelf Registration Statement and any form of prospectus included
therein (or prospectus supplement relating thereto) shall reflect the plan of distribution or
method of sale consistent with Form S-3 (or applicable similar or successor form) as the Holders
may from time to time notify the Company.

5

 

          (b) Shelf Registration Effectiveness. The Company shall use commercially reasonable
efforts to keep the Shelf Registration Statement continuously effective for the period beginning on
the date on which the Shelf Registration Statement is declared effective and ending on the date
that all of the Registrable Securities registered under the Shelf Registration Statement cease to
be Registrable Securities. During the period that the Shelf Registration Statement is effective,
the Company shall supplement or make amendments to the Shelf Registration Statement, if required by
the Securities Act or if reasonably requested by the Holders (whether or not required by the form
on which the securities are being registered), including to reflect any specific plan of
distribution or method of sale, and shall use its commercially reasonable efforts to have such
supplements and amendments declared effective, if required, as soon as practicable after filing.

          (c) Registration Term. The Company shall prepare and file such additional registration
statements as necessary and use its commercially reasonable efforts to cause such registration
statements to be declared effective by the Commission so that a shelf registration statement
remains continuously effective, subject to Section 3, with respect to the Registrable
Securities as and for the periods required under Section 2.1(a), such subsequent
registration statement to constitute a Shelf Registration Statement, hereunder.

          (d) Form S-3. Notwithstanding anything to the contrary contained in this Agreement,
the Company shall not be obligated to file a Shelf Registration Statement unless the Company is
eligible to file a Registration Statement on Form S-3 (or a similar or successor form).

          2.2(a) Demand Registration. Subject to Sections 2.2(c) and 3 hereof,
at any time after 14 months after the closing date of the IPO, if the Company (i) is not eligible
to use Form S-3 (or similar or successor form) or (ii) has failed to file the Shelf Registration
Statement, each Holder may deliver to the Company a written notice (a “Demand Registration
Notice”) informing the Company of such Holder’s desire to have some or all of their Registrable
Securities registered for sale by the Company (a “Demand Registration”). Each Demand
Registration Notice shall specify the number of Registrable Securities to be registered by the
Company. Upon receipt of a Demand Registration Notice from the Holders of at least 25% of the
Registrable Securities, if the Company has not already caused such Registrable Securities to be
included as part of an existing Registration Statement and related prospectus that the Company then
has on file with, and has been declared effective by, the Commission and which remains in effect
and not subject to any stop order, injunction or other order or requirement of the Commission (in
which event the Company shall be deemed to have satisfied its registration obligation under this
Section 2), then the Company will cause to be filed with the Commission as soon as
reasonably practicable after receiving the Demand Registration Notice, but in no event more than
ninety (90) days following receipt of such notice, a new Registration Statement and related
prospectus that complies as to form in all material respects with applicable Commission rules
providing for the sale by such Holder or group of Holders of the Registrable Securities (the
“Demand Registration Statement”), and agrees (subject to Section 3 hereof) to use
commercially reasonable efforts to cause the Demand Registration Statement to be declared effective
by the Commission as soon as practicable following the filing thereof (if it is not an
automatically effective Registration Statement). The Company shall give written notice of the
proposed filing of the Demand Registration Statement to all Holders of Registrable Securities as
soon as practicable, and each Holder of Registrable Securities who wishes to participate in such
Demand Registration Statement shall notify the Company in writing within five (5) Business Days
after the receipt by

6

 

the Holder of the notice from the Company, and shall specify in such notice the number of
Registrable Securities to be included in the Demand Registration Statement. Subject to
Section 3 hereof, the Company agrees to use commercially reasonable efforts to keep the
Demand Registration Statement continuously effective (including the preparation and filing of any
amendments and supplements necessary for that purpose) until the earlier of (i) the date that is
two (2) years after the date of effectiveness of the Demand Registration Statement, (ii) the date
on which all of the Registrable Securities covered by such Demand Registration Statement are
eligible for sale without registration pursuant to Rule 144 (or any successor provision) under the
Securities Act without volume limitations or other restrictions on transfer thereunder, or
(iii) the date on which all Registrable Securities covered by such Demand Registration Statement
are no longer Registrable Securities.

          Notwithstanding the foregoing, the Company may at any time, in its sole discretion and prior
to or after receiving a Demand Registration Notice from any Holder, include all of any Holder’s
Registrable Securities or any portion thereof in any Registration Statement, including by virtue of
adding such Registrable Securities as additional securities to an existing Registration Statement
pursuant to Rule 462(b) under the Securities Act (in which event the Company shall be deemed to
have satisfied its registration obligation under this Section 2.2(a) so long as such
Registration Statement remains effective and not the subject of any stop order, injunction or other
order of the Commission) (any such Registration Statement, an “Other Registration
Statement”). Furthermore, notwithstanding any provision of this Section 2.2(a) to the
contrary, the Company shall have the option, in its sole discretion, to register pursuant to any
Demand Registration Statement or Other Registration Statement, along with Registrable Securities
that Holders have requested to be included in such Demand Registration Statement in accordance with
this Section 2.2(a), any or all additional Registrable Securities that are outstanding.

          (b) Offers and Sales. All offers and sales by a Holder under the Demand Registration
Statement shall be completed within the period during which the Demand Registration Statement
remains effective and not the subject of any stop order, injunction or other order of the
Commission. Upon notice that such Demand Registration Statement is no longer effective, no Holder
will offer or sell the Registrable Securities under the Demand Registration Statement. If directed
in writing by the Company, each Holder will return (at the expense of the Company) all
undistributed copies of the prospectus covering the Registrable Securities in its possession, other
than permanent file copies in the possession of such Holder’s counsel, upon the expiration of such
period.

          (c) Limitations on Demand Registration Rights. The Company shall not be obligated to
effect any Demand Registration within one year after the effective date of a previous Demand
Registration Statement.

          (d) Reduction of Offering. Notwithstanding anything contained herein, if the managing
underwriter or underwriters of an Underwritten Offering of Registrable Securities advise the
Company and the Holders of the Registrable Securities included in such Underwritten Offering that,
in their judgment, the size of the Underwritten Offering that the Holders, the Company and such
other Persons intend to make are such that the marketability of the Underwritten Offering would be
adversely affected by inclusion of the Registrable Securities requested to be included, then if the
size of the offering is the basis of such underwriter’s advice,

7

 

Exhibit C

Form of Tax Protection Agreement

 

133

 

Exhibit
C

FORM
OF TAX PROTECTION AGREEMENT

     THIS TAX PROTECTION AGREEMENT (“Agreement”), dated as of May  , 2011, by and between
Schottenstein Realty LP, a Delaware limited partnership (the “OP”), Schottenstein Realty Trust,
Inc., a Maryland corporation (the “REIT”) and the parties set forth on Schedule 1 hereto,

W
I  T  N  E  S  S  E
 T  H :

     WHEREAS, the REIT, the OP and certain contributing members, including the Protected Partners,
have entered into that certain Second Amended and Restated Contribution Agreement, dated as of May
      ,2011 (the “Contribution Agreement”) and various assignment and assumption and other agreements,
pursuant to which limited liability company, limited partnership interests or general partnership
interests (each, a “Contributed Interest”) in entities that own direct or indirect interests in
properties, including the properties listed on Schedule 2 hereto (each, a “Protected Property”),
will be contributed to the OP (the “Contribution”) in exchange for, among other things, units of
limited partnership interest in the OP (“OP Units”);

     WHEREAS, it is intended that, for federal income tax purposes, the Contribution will be
treated as a tax-free contribution by the Protected Partners to the OP of the Contributed Interests
in exchange for OP Units, under Section 721 of the Code, as defined below (including, where
applicable, pursuant to the “assets over” form of transaction set forth in Treasury Regulation
Section 1.708-1(c)(3)(i)); and

     WHEREAS, as provided in Section 8.07(a) of the Amended and Restated Agreement of Limited
Partnership of the OP (the “Partnership Agreement”) and in consideration for the agreement of the
Protected Partners to consummate the Contribution, the OP, the REIT and the Protected Partners are
entering into the agreements set forth below.

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, and intending to be legally bound hereby, the parties agree as follows:

     1. Definitions. All capitalized terms used and not otherwise defined in this
Agreement shall have the meaning set forth in the Partnership Agreement. As used herein, the
following terms have the following meanings:

	 	 	     “Accounting Firm” shall have the meaning set forth in Section 3(b).

     “Arbitrable Dispute” shall mean a disagreement with respect to the amount of damages to
which a Protected Partner of Indirect Owner thereof is entitled under Section 3(a) or
Section 6(a). For the avoidance of doubt, a disagreement as to whether or not the
OP has breached any covenant or obligation under Sections 2, 4 or 5 or whether a

 

 

transaction or event gives rise to an indemnification obligation under Sections 3 or 6 shall
not constitute an Arbitrable Dispute.

     “Built-in Gain” shall mean, with respect to any Protected Partner (or as allocable to
any Indirect Owner) at any time, gain allocable to such Protected Partner pursuant to
Section 704(c) of the Code with respect to a Protected Property (to the extent not offset by
any special inside basis of such Protected Partner (or Indirect Owner) under Section 743(b)
of the Code with respect to such Protected Property). The Built-in Gain of each Protected
Partner listed on Schedule 1 as of the Closing Date with respect to each Protected Property
shall be as reflected on Schedule 3. The amount of Built-in Gain of any Protected Partner
(or Indirect Owner) shall be adjusted from time to time pursuant to the Code and the
Treasury Regulations and shall be reduced by any Built-in Gain recognized under the Code
during the Tax Protection Period, including any gain recognized during the Tax Protection
Period by (x) a Protected Partner upon a transfer of some or all of its Protected Units or
(y) an Indirect Owner upon a transfer of some or all of such Indirect Owner’s equity
interest in a Protected Partner, that is attributable to Built-in Gain.

     “Closing” and “Closing Date” shall have the meanings ascribed to them in the
Contribution Agreement.

     “Code” means the Internal Revenue Code of 1986, as amended.

     “DRO” means a written obligation by a Protected Partner to restore all or any portion
of a deficit that may exist in its capital account upon a liquidation of the OP pursuant to
Section 13.02(d) of the Partnership Agreement.

     “Guarantee Opportunity” shall have the meaning set forth in Section 5(b).

     “Guaranteed Amount” means, with respect to a Guaranteed Debt, the aggregate amount of
such Guaranteed Debt that is guaranteed at any time by Protected Partners or Indirect
Owners.

     “Guaranteed Debt” means any debt that is guaranteed in whole or in part by a Protected
Partner or Indirect Owner at any time on or after the Closing Date pursuant to Section 5
hereof.

     “Indirect Owner” means, in the case of a Protected Partner that is an entity that is
classified as a partnership, S corporation, grantor trust or disregarded entity for federal
income tax purposes, any person owning an equity interest in such Protected Partner, and, in
the case of any Indirect Owner that itself is an entity that is classified as a partnership,
S corporation, grantor trust or disregarded entity for federal income tax purposes, any
person owning an equity interest in such entity.

     “Jay Schottenstein Group” shall mean Jay L. Schottenstein, his spouse, children,
spouses of his children, descendants of his children, trusts for the benefit of any of Jay
L. Schottenstein, his spouse, children, spouses of his children and descendants of his

2

 

children and entities in which any of the foregoing holds a direct or indirect equity
interest.

     “LP Recourse Amount” shall have the meaning set forth in the Partnership Agreement.

     “Merger” means a merger, consolidation, unit exchange, entity conversion,
recapitalization, leveraged buy-out, so-called going private transaction or other capital
transaction involving the OP or any entity in which the OP owns a direct or indirect
interest, whether or not the OP or such other entity is the surviving entity in such
transaction, provided, however, that such term shall not include any transfer occurring
pursuant to the Contribution Agreement.

     “Minimum Liability Amount” shall mean, for each Protected Partner listed on Schedule 1,
the amount set forth on Schedule 4 hereto next to such Protected Partner’s name, as amended
from time to time, provided, however, that (1) upon any sale, exchange, transfer or
disposition by a Protected Partner of some or all of its Protected Units in a transaction in
which the transferee’s adjusted basis in the transferred property is determined for federal
income tax purposes wholly by reference to the transferor’s adjusted basis in such
transferred property, the Minimum Liability Amount of the transferor Protected Partner shall
be allocated to the transferee (and the Minimum Liability Amount of the transferor shall be
correspondingly reduced) in an amount that bears the same ratio to the Minimum Liability
Amount of the transferor immediately before such transfer as the number of Protected Units
transferred bears to the number of Protected Units held by the transferor immediately before
such transfer or in such other manner as the transferor Protected Partner may request, and
(2) upon any other sale, exchange, transfer or disposition by either (a) a Protected Partner
of some or all of its Protected Units or (b) an Indirect Owner (not including an Indirect
Owner that holds its indirect interest through an S corporation) of some or all of its
direct or indirect equity interest in a Protected Partner, such Protected Partner’s Minimum
Liability Amount shall be reduced to the extent of (X) in situation (2)(a), any gain
recognized by the Protected Partner (or, in the case of a transfer resulting from the death
of a Protected Partner, the difference between the adjusted tax basis, for federal income
tax purposes, of the transferee with respect to such units and the adjusted tax basis, for
federal income tax purposes, of the transferor with respect to such units), and (Y) in
situation (2)(b), any gain recognized by the Indirect Owner (or, in the case of a transfer
resulting from the death of an Indirect Owner, the difference between the adjusted tax
basis, for federal income tax purposes, of the transferee with respect to the transferred
property and the adjusted tax basis, for federal income tax purposes, of the transferor with
respect to such property).

     “Nonrecourse Built-in Gain” means gain recognized under Section 731(a)(1) of the Code
as a result of a deemed distribution under Section 752(b) of the Code or gain under Section
465(e) of the Code.

     “OP Units” shall have the meaning set forth in the Recitals.

3

 

     “Partnership Agreement” shall have the meaning set forth in the Recitals.

     “Permitted Transfer” shall have the meaning set forth in Section 2(b).

     “Proceeding” shall have the meaning set forth in Section 11(a).

     “Protected Partners” shall mean (i) the initial Protected Partners listed on Schedule 1
hereto, (ii) any person who holds Protected Units and who acquired such Protected Units from
a Protected Partner in a transaction in which such transferee’s adjusted basis, as
determined for federal income tax purposes, is determined, in whole or in part, by reference
to the adjusted basis of the Protected Partner in such Protected Units, and (iii) any
Indirect Owner of a Protected Partner who receives Protected Units from such Protected
Partner as “substituted basis property” as defined in Section 7701(a)(42) of the Code with
respect to his, her or its interest in such Protected Partner. For purposes of clarity, and
notwithstanding anything to the contrary contained herein, “Protected Partners” shall at all
times include the Jay Schottenstein Group.

     “Protected Properties” shall mean each of the properties listed on Schedule 2 hereto or
any portion thereof, any property acquired by the OP or any entity in which the OP holds a
direct or indirect interest in exchange for any such Protected Property in a transaction
described in Section 2(b) hereof, and any other property received by the OP, or any entity
in which the OP holds a direct or indirect interest as “substituted basis property” as
defined in Section 7701(a)(42) of the Code with respect to any such Protected Property.
Where the context so requires, it shall include any Contributed Interest that represents an
indirect interest in any Protected Property.

     “Protected Property Disposition” shall have the meaning set forth in Section 2(a).

     “Protected Units” shall mean (1) solely those OP Units issued in the Contribution and
acquired by a Protected Partner either at original issuance or from a Protected Partner in a
transaction in which the transferee’s adjusted basis, as determined for federal income tax
purposes, is determined, in whole or in part, by reference to the adjusted basis of the
transferor Protected Partner in such Protected Units, (2) any OP Units thereafter issued by
the OP to a Protected Partner in exchange for Protected Units held by such Protected Partner
in a transaction in which the Protected Partner’s adjusted basis, as determined for federal
income tax purposes, in the newly issued OP Units is determined, in whole or in part, by
reference to such Protected Partner’s adjusted basis, as determined for federal income tax
purposes, in the Protected Units exchanged, and (3) OP Units received by an Indirect Owner
of a Protected Partner in a distribution to such Indirect Owner by such Protected Partner in
a transaction in which all or any portion of the gain or loss is not recognized by the
Protected Partner. Notwithstanding the foregoing, a Protected Unit shall cease to
constitute a Protected Unit upon (X) the death of the Protected Partner holding such
Protected Unit if, as a result of the death of the Protected Partner, the transferee of such
unit receives an adjusted basis in such unit for federal income tax purposes that is equal
to the fair market value of such unit on the date of the Protected Partner’s death or (Y)
any sale, exchange, transfer or other disposition of such Protected Unit (except as provided
in clauses (2) and (3) above and other than any sale or exchange

4

 

transaction in which the transferee’s adjusted basis, as determined for federal income
tax purposes, is determined, in whole or in part, by reference to the adjusted basis, as
determined for federal income tax purposes, of the transferor). In addition, upon the death
of any Indirect Owner in a Protected Partner (not including an Indirect Owner that holds its
indirect interest through an S corporation and only if, as a result of the death of the
Indirect Owner, the transferee of the Indirect Owner’s direct or indirect equity interest in
the Protected Partner receives an adjusted basis in such equity interest for federal income
tax purposes that is equal to the fair market value of such equity interest on the date of
the Indirect Owner’s death), or upon the sale, exchange, transfer or other disposition by an
Indirect Owner (not including an Indirect Owner that holds its indirect interest through an
S corporation) of some or all of such Indirect Owner’s equity interest in a Protected
Partner (other than any sale, exchange, transfer or other disposition in which the
transferee’s adjusted basis, as determined for federal income tax purposes, is determined,
in whole or in part, by reference to the adjusted basis, as determined for federal income
tax purposes, of the transferor Indirect Owner), the Protected Units treated as held by such
Protected Partner shall be reduced such that the amount of Protected Units held by such
Protected Partner shall equal the amount of Protected Units that would have been held by the
Indirect Owners in the aggregate, following such event, had the Indirect Owners directly
received Protected Units in the Contribution and the Indirect Owner had either directly
transferred a portion of such Protected Units or died holding such Protected Units (taking
into account all prior transactions involving the death of an Indirect Owner in such
Protected Partner or the sale, exchange, transfer or other disposition of an Indirect
Owner’s equity interest in such Protected Partner (other than a sale, exchange, transfer or
other disposition in which the transferee’s adjusted basis, as determined for federal income
tax purposes, is determined in whole or in part by reference to the adjusted basis, as
determined for federal income tax purposes, of the transferor Indirect Owner)).

     “Qualified Nonrecourse Debt” shall have the meaning set forth in Section 5(a).

     “Qualifying Debt” shall mean indebtedness of the OP, directly or indirectly, provided
that (1) such indebtedness is treated as a “nonrecourse liability” of the OP for purposes of
Section 752 of the Code and the Treasury Regulations thereunder and is secured by property
owned directly or indirectly by the OP, (2) such indebtedness is the most senior
indebtedness secured by the subject property, (3) the subject property securing such
indebtedness has a fair market value at the time that a Guarantee Opportunity of nonrecourse
debt is offered at least equal to 150% of the aggregate amount of all indebtedness secured
by such property or assets, and (4) such indebtedness is not guaranteed by any person other
than a Protected Partner or Indirect Owner.

     “Qualified Guarantee” shall mean a guarantee that (i) is substantially in the form of
Schedule 5, (ii) is a “bottom dollar guarantee” in that the lender for the Guaranteed Debt
is required to pursue all other collateral and security for the Guaranteed Debt (other than
any bottom-dollar guarantees permitted pursuant to the last sentence of this definition)
prior to seeking to collect on such a guarantee, and the lender shall have recourse against
the guarantee only if, and solely to the extent that, the total amount

5

 

recovered by the
lender with respect to the Guaranteed Debt after the lender has
exhausted its remedies as set forth above is less than the aggregate of the Guaranteed
Amounts with respect to such Guaranteed Debt (plus the aggregate amounts of any other
guarantees that are in effect with respect to such Guaranteed Debt at the time the
guarantees are entered into), and the maximum aggregate liability of each Partner Guarantor
for all Guaranteed Debt shall be limited to the amount actually guaranteed by such Partner
Guarantor, (iii) Guaranteed Amounts with respect to the debt will not exceed 50% of the
amount of the Guaranteed Debt outstanding at the time the guarantee is executed, (iv) as to
each Protected Partner that is offered to execute the guarantee, there is no other person
that would be considered to “bear the economic risk of loss,” within the meaning of Treasury
Regulation Section 1.752-2, or would be considered to be “at risk” for purposes of Section
465(b) with respect to that portion of such debt for which such Protected Partner is being
offered to make the guarantee; (iv) is delivered to the lender, (v) the receipt of which is
acknowledged and accepted by the lender, and (vi) is enforceable under the laws of the state
governing the loan and in which the property securing the guaranteed loan is located. If
there are guarantees already in place at the time a Guarantee Opportunity is presented to
the Protected Partners that are pari passu with or at a lower level of risk than the
guarantees being offered, then the amount of such existing guarantees shall be added to the
Guaranteed Amount for purposes of calculating the 50% limitation set forth in clause (iii)
above.

     “Recourse Debt” shall mean the Revolving Credit Facility and any other indebtedness of
the OP, (i) which in all such events is recourse, without limitation, to all the assets of
the OP, (ii) for which the REIT, as general partner of the OP, has personal liability, (iii)
which is not subject or subordinate in any manner to any unsecured indebtedness of the OP
and (iv) which is made by a third-party institutional lender with financial covenants that
are standard for such a loan.

     “Revolving Credit Facility” shall mean that certain Credit Agreement dated as of
__________ __, 2011 by and among the OP, as Borrower, and KeyBank National Association and
certain other parties. .

     “OP Units” shall mean any series of common or preferred Units of the OP.

     “Tax Claim” shall have meaning set forth in Section 11(a).

     “Tax Protection Period” shall mean the period beginning on the Closing Date and ending
on, and including, the earlier of (i) the date that completes seven (7) years after the
Closing Date and (ii) the date on which the number of Protected Units owned directly or
indirectly by members of the Jay Schottenstein Group (not including entities that are
treated as partnerships, S corporations, grantor trusts or disregarded entities for federal
income tax purposes) is equal to less than twenty percent (20%) of the number of Protected
Units owned directly or indirectly by members of the Jay Schottenstein Group (not including
entities that are treated as partnerships, S corporations, grantor trusts or disregarded
entities for federal income tax purposes) as of the Closing Date. The number of Protected
Units owned directly or indirectly by members of the Jay Schottenstein

6

 

Group (not including
entities that are treated as partnerships, S corporations, grantor
trusts or disregarded entities for federal income tax purposes) as of the Closing Date
is approximately 12,040,488.

     2. Restrictions on Dispositions of Protected Properties.

          (a) Subject to Section 2(b), the OP agrees, for the benefit of each Protected Partner and the
Indirect Owners of such Protected Partner that during the Tax Protection Period neither the OP, nor
any entity in which the OP holds a direct or indirect interest, will consummate a sale, transfer,
exchange or other disposition of any Protected Property (a “Protected Property Disposition”) or any
indirect interest therein in a transaction, including a Merger, that results in the recognition by
any Protected Partner, for federal income tax purposes, of all or any portion of its Built-in Gain,
including recognition thereof pursuant to Sections 704(c)(1)(B) or 737 of the Code (and including a
Merger as a result of which a Protected Partner is required to exchange, tender or transfer
Protected Units in a transaction that is partly or wholly taxable for federal income tax purposes).
A disposition shall include a transaction that is deemed to be a disposition for federal income
tax purposes and shall include any transfer, whether, voluntary or involuntary, in a foreclosure
proceeding, pursuant to a deed in lieu of foreclosure or in a bankruptcy proceeding.

          (b) Section 2(a) shall not apply to (i) any transaction which would not result in the
recognition and allocation of any Built-in Gain to any Protected Partner or its Indirect Owners
with respect to Protected Units, such as a transaction which qualifies as a tax-free like-kind
exchange under Code Section 1031 or a tax-free contribution under Code Section 721 or Code Section
351 or a tax-free merger or consolidation of the OP with or into another entity that qualifies for
taxation as a partnership for federal income tax purposes, or (ii) the condemnation or other taking
of all or any portion of any Protected Property by a governmental entity or authority in eminent
domain proceedings or otherwise or a casualty with respect thereto (each, a “Permitted Transfer”).
In the case of a Permitted Transfer described in clause (ii) of this Section 2(b), the OP shall use
good faith commercially reasonable efforts to structure such disposition as either a tax-free
like-kind exchange under Code Section 1031 or other tax-free contribution or tax-free reinvestment
of proceeds under Code Section 1033.

          (c) If at the time of a Permitted Transfer of a Protected Property the property is secured,
directly or indirectly, by Guaranteed Debt, then (i) in the OP’s sole discretion, either such debt
shall be repaid in full or the OP shall obtain from the lenders with respect to such debt a full
and complete release of liability for each such Protected Partner or Indirect Owner from its
guarantee and (ii) if the Tax Protection Period shall not have expired, the OP shall comply with
the requirements of Section 5(e) (treating such repayment or release as a repayment of Guaranteed
Debt).

     3. Indemnity by the OP for Breach of Obligations Set Forth in Section 2.

          (a) In the event that the OP engages in a Protected Property Disposition in breach of its
obligation set forth in Section 2(a), each Protected Partner or Indirect Owner who recognizes all
or any portion of its Built-in Gain with respect to Protected Units as a result of such Protected
Property Disposition shall receive from the OP as damages an amount equal to

7

 

the aggregate federal,
state and local income taxes incurred by such Protected Partner or Indirect
Owner as a result of its recognition of such Built-in Gain plus an additional amount so that,
after the payment by such Protected Partner or Indirect Owner of all taxes on amounts received
pursuant to this Section 3(a), such Protected Partner or Indirect Owner retains from such damage
payments hereunder an amount equal to its total tax liability incurred as a result of the Protected
Property Disposition and its recognition of such Built-in Gain. In the event of a breach of
Section 2(a) hereof resulting in the recognition by any Protected Partner or an Indirect Owner
thereof of all or any portion of its Built-in Gain, the OP shall promptly notify such Protected
Partner in writing of such Protected Property Disposition and of the approximate sales price or
other amount realized for income tax purposes in connection therewith. Within ten (10) days of
receipt of such notice, each Protected Partner shall provide the OP with information regarding the
identity of any Indirect Owners thereof. In addition, the OP shall prepare a computation of the
indemnity payment, if any, owing to such Protected Partner or Indirect Owner under this Section
3(a), which computation shall be delivered to such Protected Partner within ten (10) days after the
date of such breach. Except as provided in the penultimate sentence of Section 3(b), the OP shall
make any required indemnity payment owing to a Protected Partner or Indirect Owner pursuant to this
Section 3(a) no later than ten (10) days after delivery of the computation of the indemnity
payment to the Protected Partner or Indirect Owner. For purposes of the preceding sentence, (i)
all income arising from a transaction or event that is treated as ordinary income under the
applicable provisions of the Code, including all payments under this Section 3(a), shall be treated
as subject to federal, state and local income tax at the effective tax rate imposed on ordinary
income of individuals residing in the city and state of residence of such Protected Partner or
Indirect Owner, determined using the maximum federal rate of tax on ordinary income and the maximum
state and local rates of tax on ordinary income then in effect in such city and state, (ii) all
other income arising from the transaction or event shall be treated as subject to federal, state
and local income tax at the effective tax rate imposed on long-term capital gains of individuals
residing in the city and state of residence of such Protected Partner or Indirect Owner, determined
using the maximum federal, state and local rates on long-term capital gains then in effect
(including for this purpose with respect to any Code Section 1245 or 1250 recapture or any
unrecaptured section 1250 gain, the maximum rate imposed on such income), (iii) any amounts giving
rise to a payment pursuant to this Section 3(a) shall be determined assuming that the transaction
or event giving rise to the OP’s obligation to make a payment was the only transaction or event
reported on the Protected Partner’s or Indirect Owner’s tax return (i.e., without giving effect to
any loss carryovers or other deductions attributable to such Protected Partner or Indirect Owner),
and (iv) any amounts payable with respect to state and local income taxes shall be assumed to be
fully deductible (subject to applicable limitation or phase-out) for federal income tax purposes.
In the case of a corporate Protected Partner, the preceding sentence shall be applied using the
highest marginal rate of tax applicable to corporations for federal income tax purposes and state
and local corporate income or franchise tax purposes. Notwithstanding anything to the contrary set
forth herein, separate tax indemnity payments shall be made to each Protected Partner or Indirect
Owner, as the case may be.

          (b) Notwithstanding any provision of this Agreement to the contrary, the sole and exclusive
rights and remedies of any Protected Partner or Indirect Owner for a breach or violation of the
covenants set forth in Section 2(a) shall be a claim for damages against the OP, computed as set
forth in Section 3(a), and no Protected Partner or Indirect Owner shall be

8

 

entitled to pursue a
claim for specific performance of the covenant set forth in Section 2(a) or
bring a claim against any person that acquires a Protected Property from the OP in violation
of Section 2(a). If the OP has breached or violated the covenant set forth in Section 2(a) (or a
Protected Partner or Indirect Owner asserts that the OP has breached or violated such covenant),
the OP and the Protected Partner or Indirect Owner shall negotiate in good faith to resolve any
disagreements regarding any such breach or violation and the amount of damages, if any, payable to
such Protected Partner or Indirect Owner under Section 3(a). If any such disagreement cannot be
resolved by the OP and such Protected Partner or Indirect Owner within thirty (30) days after such
breach, then to the extent that such disagreement involves an Arbitrable Dispute, the OP and the
Protected Partner or Indirect Owner shall jointly retain a nationally recognized independent public
accounting firm (the “Accounting Firm”) to act as an arbitrator to resolve as expeditiously as
possible such disagreement. All determinations made by the Accounting Firm with respect to the
resolution of any Arbitrable Dispute shall be final, conclusive and binding on the OP and the
Protected Partner and Indirect Owner. The fees and expenses of the Accounting Firm incurred in
connection with any such determination shall be shared equally by the OP and the Protected Partner
or Indirect Owner. In the event that the OP and a Protected Partner or Indirect Owner, each having
acted in good faith and with its or his best efforts to select an Accounting Firm, are unable to
retain an Accounting Firm within sixty (60) days after expiration of the thirty (30) day period
mentioned above, then following the expiration of such sixty (60) day period, any disagreement may
be settled in any court of competent jurisdiction. To the extent that a disagreement between the
OP and a Protected Partner or Indirect Owner thereof described under this Section 3(b) involves
issues other than an Arbitrable Dispute and such disagreement cannot be resolved by the OP and such
Protected Partner or Indirect Owner within the thirty (30) day period mentioned above, such
disagreement may be settled in any court of competent jurisdiction. In the event of any
disagreement as to the amount of liability of the OP to make an indemnity payment hereunder, the OP
shall pay such amount for which it believes it is liable within five (5) days before the due date
of the quarterly estimated tax payment for individuals which next follows the breach of Section
2(a) giving rise to liability hereunder. In the event of a determination, through arbitration, a
judicial proceeding or otherwise, that the amount paid by the OP pursuant to the preceding sentence
exceeded its liability, the recipient of the indemnity payment shall repay such excess to the OP
within five (5) days after such determination.

     4. Section 704(c) Method; Non-Recourse Liability Allocation Method. The OP shall use,
and shall cause any other entity in which the OP has a direct or indirect interest to use, the
“traditional method” under Regulations Section 1.704-3(b) for purposes of making allocations under
Section 704(c) of the Code with respect to each Protected Property to take into account the
book-tax disparities as of the effective time of the Contribution with respect to such Protected
Property and with respect to any revaluation of such Protected Property pursuant to Regulations
Sections 1.704-1(b)(2)(iv)(f), 1.704-1(b)(2)(iv)(g) and 1.704-3(a)(6) with no “curative
allocations,” “remedial allocations” or adjustments to other items to offset the effect of the
“ceiling rule.” The OP will first allocate to each Protected Partner an amount of “excess
nonrecourse liabilities,” as defined in Regulations Section 1.752-3(a)(3), up to the amount of
Built-in Gain that is allocable to such Protected Partner with respect to each property acquired by
the OP pursuant to the Contribution to the extent that each such property is subject to

9

 

nonrecourse
liabilities and such Protected Partner’s Built-in Gain with respect to each such property exceeds
his gain with respect thereto described in Regulations Section 1.752-3(a)(2).

     5. Obligation of the OP to Maintain Certain Debt.

          (a) Subject to paragraphs (c) through (f) of this Section 5, the OP agrees to maintain at all
times through the Tax Protection Period, directly or indirectly and on a continuous basis, an
amount of “qualified nonrecourse indebtedness” (within the meaning of Code Section 465(b)(6)(B))
(“Qualified Nonrecourse Debt”) so as to cause the amount of OP liabilities allocated to each
Protected Partner for purposes of Section 752 of the Code to be not less than such Protected
Partner’s Minimum Liability Amount and to cause the amount of OP liabilities with respect to which
each Protected Partner will be considered to be “at risk” for purposes of Section 465 of the Code
to be not less than such Protected Partner’s Minimum Liability Amount.

          (b) (i) Notwithstanding anything to the contrary in this Agreement, but subject to Section
5(b)(ii) and (iii) below, the OP may satisfy up to 40% of its obligations under Section 5(a) by
instead making available to each Protected Partner, in the manner described in Section 5(b)(ii)
below, the opportunity (a “Guarantee Opportunity”) to either (A) enter into a DRO or (B) make a
Qualified Guarantee (or, at the option of such Protected Partner, allow its Indirect Owners to make
Qualified Guarantees) of Qualifying Debt in such amount or amounts so as to cause the amount of OP
liabilities allocated to such Protected Partner for purposes of Section 752 of the Code to be not
less than such Protected Partner’s Minimum Liability Amount and to cause the amount of OP
liabilities with respect to which such Protected Partner will be considered to be “at risk” for
purposes of Section 465 of the Code to be not less than such Protected Partner’s Minimum Liability
Amount.

               (ii) In order to make a Guarantee Opportunity available to a Protected Partner, the OP shall
send by first class certified mail to the last known address of such Protected Partner (as
reflected in the records of the OP) a letter explaining that it is making a Guarantee Opportunity
available pursuant to this Section 5(b) and the circumstances giving rise to the Guarantee
Opportunity. The letter shall contain a brief summary of the terms of the indebtedness to be
guaranteed (or, in the case of a DRO, the terms of the OP recourse debt), a brief description of
the collateral for the indebtedness and a statement of the amount to be guaranteed (or, in the case
of a DRO, the amount of DRO being made available). Included with the letter shall be a guarantee
agreement (or consent to DRO form) to be executed, together with the address to which the executed
guarantee agreement (or consent to DRO form) must be sent and the date by which it must be
received, which shall be not less than thirty (30) days after such letter is sent. To the extent
that a Guarantee Opportunity is made available to a Protected Partner in accordance with this
Agreement and such Protected Partner and its Indirect Owners (in the case of a Guarantee
Opportunity described in Section 5(b)(iii)) do not avail themselves of the Guarantee Opportunity by
the time indicated such letter, such Protected Partner’s Minimum Liability Amount shall thereupon
be reduced.

               (iii) If in response to an offer to Protected Partners of the opportunity to make a Qualified
Guarantee, a Protected Partner requests of the OP in writing that such offer should be made
available to its Indirect Owners (the Protected Partners acknowledge that only

10

 

holders of OP Units
can enter into a DRO), and (y) together with such request such Protected Partner provides the OP
with the identities and addresses of the Indirect Owners to whom such offer shall be made and such
Indirect Owners’ allocable portions of the opportunity offered to
such Protected Partner, then the OP shall offer such opportunity to such Indirect Owners in
the amounts requested by such Protected Partner. If the offer by the OP to the Indirect Owners is
made within two (2) days after the date on which the Protected Partner sends its request to the OP,
then the date by which acceptance of the opportunity shall be due from the Indirect Owners shall be
the same as the date that was due from the Protected Partner. To the extent that the offer is made
to the Indirect Owners more than two (2) after the Protected Partner sends its request to the OP,
the date by which acceptance of the offer by the Indirect Owners shall be due shall be equally
extended.

          (c) The OP makes no representation or warranty to any Protected Partner or Indirect Owner that
receiving an allocation of Qualified Nonrecourse Debt pursuant to Section 5(a) hereof or providing
a guarantee or entering into a DRO pursuant to Section 5(b) hereof shall be respected for federal
income tax purposes as providing such Protected Partner or Indirect Owner with an allocation of
recourse liabilities for purposes of Code Section 752 or as causing such Protected Partner or
Indirect Owner to be “at risk” with respect to liabilities for purposes of Code Section 465;
provided, however, that the OP shall not take any tax position contrary to such position except as
may be permitted under paragraph (d) below.

          (d) Absent a determination to the contrary by the Internal Revenue Service or a court and
subject to paragraph (e) below, all tax returns prepared by the OP that allocate liabilities of the
OP for purposes of Section 752 and the Treasury Regulations thereunder shall treat each Protected
Partner as being allocated for federal income tax purposes an amount of recourse debt (in addition
to any nonrecourse debt otherwise allocable to such Protected Partner in accordance with the
Partnership Agreement and Treasury Regulation Section 1.752-3 and any other recourse liabilities
allocable to such Partner Guarantor by reason of guarantees or other arrangements entered into
other than pursuant to this Agreement) pursuant to Treasury Regulation Section 1.752-2 equal to the
sum of the amounts of all guarantees entered into by such Partner and DROs undertaken by such
Protected Partner pursuant to this Agreement, and the OP and the REIT shall not take any contrary
or inconsistent position in any federal, state or local income tax returns (including, without
limitation, information returns, such as Schedule K-1s, provided to partners in the OP and returns
of entities in which the OP owns a direct or indirect interest) or in any administrative or
judicial proceeding. Notwithstanding the foregoing, the OP shall not be required to make
allocations of Guaranteed Debt or other recourse debt of the OP to the Protected Partners as set
forth in this Agreement if and to the extent there has been a judicial determination in a
proceeding to which the OP was a party and as to which the Protected Partners have been allowed to
participate as and to the extent contemplated in Section 11 to the effect that such allocations are
not correct. In no event shall this Section 5(d) be construed to relieve the OP from any liability
arising from a failure by the OP to comply with one or more of the provisions of this Section 5.

          (e) The OP shall not, at any time during the Tax Protection Period, repay or refinance all or
any portion of any Guaranteed Debt or otherwise take any action that would result in a decrease in
the amount of OP liabilities allocated to a Protected Partner or Indirect

11

 

Owner as a result of its
guarantee thereof pursuant to Section 5, unless the OP, not less than thirty (30) days prior to
such repayment, refinancing or other action, provides the applicable Protected Partner with a
Guarantee Opportunity in an amount sufficient to replace the decrease in allocation of liabilities
pursuant to Section 752 of the Code that would otherwise result.

          (f) In the event that a Protected Partner has elected to enter into a DRO, the OP will
maintain outstanding at all times indebtedness of the OP that is Recourse Debt in an amount equal
to or greater than the sum of the LP Recourse Amounts of all partners of the OP, unless the OP, not
less than thirty (30) days prior to any repayment or other action that would violate the foregoing
requirement, provides such Protected Partner with a Guarantee Opportunity in an amount sufficient
to replace the decrease in allocation of liabilities pursuant to Section 752 of the Code that would
otherwise result.

          (g) The OP covenants that (A) it will comply with the requirements set forth in Section 2(c)
upon any disposition of any collateral for a Guaranteed Debt, whether during or following the Tax
Protection Period, (B) it will not at any time, whether during or following the Tax Protection
Period, pledge the collateral for a Guaranteed Debt to secure any other indebtedness (unless such
other indebtedness is, by its terms, subordinate in all respects to the Guaranteed Debt for which
such collateral is security) or otherwise voluntarily dispose of or reduce the amount of such
collateral unless either (i) after giving effect thereto the debt would continue to be Qualified
Debt and the Guarantee would continue to be a Qualified Guarantee, or (ii) the OP (x) obtains from
the lender with respect to the original Guaranteed Debt a full and complete release of release of
liability for each Protected Partner or Indirect Owner from its guarantee of such indebtedness
unless such Protected Partner or Indirect Owner expressly requests that it not be released, and (y)
if the Tax Protection Period has not expired, offers to each such Protected Partner or Indirect
Owner, not less than thirty (30) days prior to such pledge or disposition, a Guarantee Opportunity
in an amount equal to the amount of its guarantee being so released, and (C) it will not offer or
make available to any person or entity other than a Protected Partner or Indirect Owner the
opportunity to guarantee any Guaranteed Debt .

     6. Indemnity by the OP for Breach of Obligations set forth in Sections 4 and
5.

          (a) In the event that the OP breaches its obligations set forth in Section 4 or 5, each
Protected Partner or Indirect Owner who recognizes additional income as a result of a breach with
respect to Section 4 or Nonrecourse Built-in Gain as a result of a breach with respect to Section 5
shall receive from the OP as damages an amount equal to the aggregate federal, state and local
income taxes incurred by such Protected Partner or Indirect Owner as a result of such additional
income or Nonrecourse Built-in Gain recognized by such Protected Partner or Indirect Owner by
reason of such breach, plus an additional amount so that, after the payment by such Protected
Partner or Indirect Owner of all taxes on amounts received pursuant to this Section 6(a), such
Protected Partner or Indirect Owner retains from such damage payments hereunder an amount equal to
its total tax liability incurred as a result of such breach. The principles and tax rates set
forth in Section 3(a) shall apply for purposes of determining the timing and amount of payment to
be made to a Protected Partner or Indirect Owner pursuant to this Section 6(a). The OP shall be
considered to have satisfied its obligations under Section 5, and therefore shall have no liability
under this Section 6(a) for breach of such Section 5, to the extent that it offers a

12

 

Protected
Partner a Guarantee Opportunity in accordance with Section 5(b) and such Protected Partner and,
where applicable, its Indirect Owners, fail to timely accept such Guarantee Opportunity.
Notwithstanding anything to the contrary set forth herein, the failure of one or more Protected
Partners or Indirect Owners to accept a Guarantee Opportunity shall not affect the OP’s obligation
to the remaining Protected Partners and Indirect Owners.

          (b) Notwithstanding any provision of this Agreement to the contrary, the sole and exclusive
rights and remedies of any Protected Partner or Indirect Owner for a breach or violation of the
covenants set forth in Sections 4 and 5 shall be a claim for damages against the OP, computed as
set forth in Section 6(a), and no Protected Partner or Indirect Owner shall be entitled to pursue a
claim for specific performance of the covenants set forth in Sections 4 and 5. If the OP has
breached or violated the covenants set forth in Sections 4 or 5 (or a Protected Partner or Indirect
Owner asserts that the OP has breached or violated such covenants), the OP and the Protected
Partner or Indirect Owner agree to negotiate in good faith to resolve any disagreements regarding
any such breach or violation and the amount of damages, if any, payable to such Protected Partner
or Indirect Owner under Section 6(a). If any such disagreement cannot be resolved by the OP and
such Protected Partner or Indirect Owner within thirty (30) days after such breach, then to the
extent that such disagreement involves an Arbitrable Dispute, the OP and the Protected Partner
shall jointly retain an Accounting Firm to act as an arbitrator to resolve as expeditiously as
possible such disagreement. All determinations made by the Accounting Firm with respect to
resolution of any Arbitrable Dispute shall be final, conclusive and binding on the OP and the
Protected Partner or Indirect Owner. The fees and expenses of any Accounting Firm incurred in
connection with any such determination shall be shared equally by the OP and the Protected Partner
or Indirect Owner. In the event that the OP and a Protected Partner or Indirect Owner, each having
acted in good faith and with its or his best efforts to select an Accounting Firm, are unable to
retain an Accounting Firm within sixty (60) days after the thirty (30) day period mentioned above,
following the expiration of such sixty (60) day period, any disagreement may be settled in any
court of competent jurisdiction. To the extent that a disagreement between the OP and a Protected
Partner or Indirect Owner described under this Section 6(b) involves issues other than an
Arbitrable Dispute and such disagreement cannot be resolved by the OP and such Protected Partner or
Indirect Owner within the thirty (30) day period mentioned above, such disagreement may be settled
in any court of competent jurisdiction.

          (c) The Protected Partners acknowledge that the OP may rely on information provided to the OP
and its accountants for purposes of determining the amount of debt allocated to the Protected
Partners under Section 752 of the Code and the Treasury Regulations thereunder, including
information relating to the adjusted tax basis of the Properties. The OP shall not have any
liability hereunder to the extent that any Protected Partner or any Indirect Owner thereof
recognizes Nonrecourse Built-in Gain or otherwise suffers any damages as a result of the inaccuracy
of any such information, and the Protected Partners on behalf of themselves and their Indirect
Owners hereby unconditionally and irrevocably release the OP from and against any such liability in
such event.

     7. Requests for Information. The OP agrees to provide the Protected Partners with such
information (“Debt Allocation Information”) as is reasonably available to the OP

13

 

regarding
allocations of the OP’s indebtedness under Section 752 of the Code and the Treasury Regulations
thereunder, as such Protected Partners may reasonably request. All such information acquired by
the Protected Partners or any Indirect Owners thereof or their representatives shall not be
disclosed to any individual or entity other than (x) those representatives of the Protected
Partners and such Indirect Owners who need to know such information for the purpose of assisting
them in evaluating their rights under this Agreement, (y) as required by applicable law or (z) if
necessary, upon the advice of counsel, in order to comply
with any judicial order, civil or criminal subpoena or any discovery demand in pending
litigation, whether or not the Protected Partner, the Indirect Owner or any of its respective
representatives is a party thereto.

     8. Third Party Beneficiaries. The OP acknowledges, agrees and confirms that every
Protected Partner and Indirect Owner thereof is an intended third party beneficiary of the
provisions of this Agreement during the period that such person remains a Protected Partner or
Indirect Owner thereof. Notwithstanding the foregoing, Indirect Owners shall communicate with the
OP only through their respective Protected Partners.

     9. Preparation of Schedules. The Protected Partners shall prepare and complete
Schedules 2, 3 and 4 in good faith and on an estimated basis on or before the Closing Date and
shall finalize such Schedules on or before December 31, 2011.

     10. Tax Proceedings.

          (a) If any claim, demand, assessment (including a notice of proposed assessment) or other
assertion is made with respect to taxes against the Protected Partners or the Partnership the
calculation of which involves a matter covered in this Agreement or the tax treatment of the
Contribution (a “Tax Claim”), or if the REIT or the Partnership receives any notice from any
jurisdiction with respect to any current or future audit, examination, investigation or other
proceeding (a “Proceeding”) involving the Protected Partners or the Partnership or that otherwise
could involve a matter covered in this Agreement and could directly or indirectly affect the
Protected Partners (adversely or otherwise), then the REIT or the Partnership, as applicable, shall
promptly notify the Protected Partners of such Tax Claim or Proceeding, but in no event later than
twenty (20) business days after receipt of such notice.

          (b) The REIT, as the general partner of the OP, shall have the right to control the defense,
settlement or compromise of any Proceeding or Tax Claim; provided, however, that the OP shall keep
the Protected Partners duly informed of the progress thereof to the extent that such Proceeding or
Tax Claim could directly or indirectly affect (adversely or otherwise) the Protected Partners, and
provided further that that the Protected Partners shall have the right to review and comment on any
and all submissions made to the Internal Revenue Service, a court, or other governmental body with
respect to such Tax Claim or Proceeding and that the OP shall consider such comments in good faith.

     11. Section 754 Election. At the request of any Protected Partner or any Indirect
Owner thereof, the OP shall make an election under Code Section. The OP shall not revoke or
attempt to revoke such election without the prior written consent of the Protected Partners or
Indirect Owners making such request. In the event that such an election by the OP shall be in

14

 

effect not as the result of a request by a Protected Partner or Indirect Owner, the OP shall not
revoke or attempt to revoke such election without the prior written consent of all the Protected
Partners.

          12. General Provisions.

          (a) Notices. All notices, requests, claims, demands and other communications under
this Agreement shall be in writing and shall be deemed given if delivered personally, sent by
overnight courier (providing proof of delivery) or sent by telecopy (providing confirmation of
transmission) to the parties at the following addresses or telecopy numbers (or at such other
address or telecopy number for a party as shall be specified by like notice):

	 	(i)	 	if to the OP, to:
	 
	 	 	 	c/o Schottenstein Realty Trust, Inc.

4300 East Fifth Avenue, Columbus OH 43219

Attn: Mr. Ben Kraner

Fax No.: (614) 449-4360
	 
	 	 	 	with a copy to:
	 
	 	 	 	c/o Schottenstein Realty Trust, Inc.

4300 East Fifth Avenue, Columbus OH 43219

Attn: Tod Friedman, Esq.

Fax No.: (614) 443-0972
	 
	 	 	 	and
	 
	 	 	 	Greenberg Traurig, LLP

77 West Wacker Drive

Suite 3100

Chicago, IL 60601

Attn: Corey Light, Esq.

Fax No.: (312) 456-8435
	 
	 	(ii)	 	if to a Protected Partner, to the address on file with the OP.

          (b) Successors and Assigns. This Agreement shall be binding upon and shall inure to
the benefit of the Protected Partners. This Agreement shall be binding upon the REIT, the OP and
any entity that is a direct or indirect successor, whether by Merger, spin-off or otherwise, to all
or substantially all of the assets of either the REIT or the OP (or any prior successor thereto as
set forth in the preceding portion of this sentence), provided that none of the foregoing shall
result in the release of liability of the REIT and the OP hereunder. The REIT and the OP covenant
with and for the benefit of the Protected Partners not to undertake (directly or

15

 

indirectly) any
transfer of all or substantially all of the assets of either entity (whether by Merger, spin-off or
otherwise) unless the transferee has in writing acknowledged and agreed to be bound by this
Agreement, provided further that the foregoing shall not be deemed to permit any transaction
otherwise prohibited by this Agreement.

          (c) Amendment. This Agreement may not be amended, directly or indirectly (including by
reason of a merger between the Partnership and another entity) except by a written instrument
signed by the REIT, as general partner of the Partnership, and each of the Protected Partners.

          (d) Counterparts. This Agreement may be executed in one or more counterparts, all of
which shall be considered one and the same agreement and shall become effective when one or more
counterparts have been signed by each of the parties and delivered to the other party.

          (e) Governing Law. 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 PRINCIPLES OF CONFLICT OF LAWS THEREOF.

16

 

     IN WITNESS WHEREOF, the OP, the REIT and the Protected Partners have duly executed this
Agreement as of the date first written above.

	 	 	 	 	 	 	 	 	 

	 	 	SCHOTTENSTEIN REALTY LP	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By: Schottenstein Realty Trust, Inc., general partner	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SCHOTTENSTEIN REALTY TRUST, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Benton Kraner	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	GSH MIAMI, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY L. SCHOTTENSTEIN 1983 DISCRETIONARY TRUST	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

1

 

	 	 	 	 	 	 	 	 	 

	 	 	JAY SCHOTTENSTEIN 2009 SUBCHAPTER S
TRUST NO. 3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JAY L. SCHOTTENSTEIN DESCENDANTS TRUST - 2009	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	Jeffrey Gould	 	 
	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Jonathan Schottenstein	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 
	 	 	Joseph A. Schottenstein	 	 
	 
	 	 	 	 	 	 	 	 
	 
	 	 	JUBILEE LIMITED PARTNERSHIP	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JUBILEE LIMITED PARTNERSHIP III	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	LORI SCHOTTENSTEIN 1984 DISCRETIONARY TRUST	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Mark Ungar	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SAUL SCHOTTENSTEIN 2002 TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

2

 

	 	 	 	 	 	 	 	 	 

	 	 	SAUL SCHOTTENSTEIN SUBCHAPTER S TRUST #4	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	SCHOTTENSTEIN PROPERTY GROUP, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1984-2011 GRANDCHILDREN’S TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE JEROME SCHOTTENSTEIN 1990-2011 GRANDCHILDREN’S TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 

3

 

	 	 	 	 	 	 	 	 	 

	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #1	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #2	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	THE SAUL SCHOTTENSTEIN 1984-2011 TRUST #3	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 	 	Tod H. Friedman	 	 

4

 

Schedule 1

Protected Partners

Benton Kraner

GSH Miami, LLC

Jay L. Schottenstein 1983 Discretionary Trust

Jay Schottenstein 2009 Subchapter S Trust No. 1

Jay Schottenstein 2009 Subchapter S Trust No. 2

Jay Schottenstein 2009 Subchapter S Trust No. 3

Jay L. Schottenstein Descendants Trust — 2009

Jeffrey Gould

Jonathan Schottenstein

Joseph A. Schottenstein

Jubilee Limited Partnership

Jubilee Limited Partnership III

Lori Schottenstein 1984 Discretionary Trust

Mark Ungar

Saul Schottenstein 2002 Trust #1

Saul Schottenstein Subchapter S Trust #4

Schottenstein Property Group, Inc.

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #1

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #2

The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #3

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #1

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #2

The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #3

The Saul Schottenstein 1984-2011 Trust #1

The Saul Schottenstein 1984-2011 Trust #2

The Saul Schottenstein 1984-2011 Trust #3

Tod H. Friedman

1

 

Schedule 2

Protected Properties

	 	 	 
	Property #	 	Name
	1510	 	Colerain Hills Shopping Center

	1950	 	TJ Maxx Centre

	2211	 	Morse & Tamarack Shopping Center

	2614	 	Golden Triangle Mall

	2619	 	Woodyard Crossing

	2622	 	Ruther Glen Warehouse

	2636	 	Sun Center

	2642	 	Springdale Plaza

	2646	 	Crossing Shopping Center

	2654	 	Shoppes at Rivergate

	4911	 	Lafayette Center

	4913	 	Greenwood Pavilion

	6110	 	Crossings at Hobart

	8000	 	The Columbus Aircenter

1

 

Schedule 3

Built-in Gain

(Estimated Amounts)

	 	 	 	 	 
	Protected Partner	 	Built In Gain
	[Names]
	 	 	       —        	 
	 
	[INSERT
SCHEDULE FOR EACH PROPERTY]

	 

1

 

Schedule 4

Minimum Liability Amount

	 	 	 	 	 
	Protected Partner	 	Minimum Liability Amount	 
	GSH Miami, LLC
	 	$	100,000	 
	 
	 	 	 	 
	Jay L. Schottenstein 1983 Discretionary Trust
	 	 	8,000,000	 
	 
	 	 	 	 
	Jay L. Schottenstein Descendants Trust - 2009
	 	 	820,000	 
	 
	 	 	 	 
	Jonathan Schottenstein
	 	 	400,000	 
	 
	 	 	 	 
	Joseph A. Schottenstein
	 	 	600,000	 
	 
	 	 	 	 
	Jubilee Limited Partnership III
	 	 	1,290,000	 
	 
	 	 	 	 
	Lori Schottenstein 1984 Discretionary Trust
	 	 	4,325,000	 
	 
	 	 	 	 
	Saul Schottenstein 2002 Trust #1
	 	 	880,000	 
	 
	 	 	 	 
	Saul Schottenstein Subchapter S Trust #4
	 	 	440,000	 
	 
	 	 	 	 
	Schottenstein Property Group, Inc.
	 	 	250,000	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #1
	 	 	1,366,667	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #2
	 	 	1,366,667	 
	 
	 	 	 	 
	The Jerome Schottenstein 1984-2011
Grandchildren’s Trust #3
	 	 	1,366,666	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #1
	 	 	5,113,333	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #2
	 	 	5,113,333	 
	 
	 	 	 	 
	The Jerome Schottenstein 1990-2011
Grandchildren’s Trust #3
	 	 	5,113,334	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #1
	 	 	1,151,667	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #2
	 	 	1,151,667	 
	 
	 	 	 	 
	The Saul Schottenstein 1984-2011 Trust #3
	 	 	1,151,666	 
	 
	 	 	 
	 
	 	 	 	 
	 
	 	$	40,000,000	 
	 
	 	 	 

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Schedule 5

Form of Guarantee Agreement For Secured Nonrecourse Indebtedness

GUARANTEE OF COLLECTIBILITY AGREEMENT

     THIS GUARANTEE AGREEMENT (“Guarantee”), is dated as of _________, between each of the
undersigned Persons identified on Schedule 1 attached hereto (the “Guarantors”), and [LENDER] (the
“Guaranteed Party”).

     WHEREAS, [BORROWER] (“Maker”), is indebted to the Guaranteed Party in the sum of [LOAN AMOUNT]
(the “Loan”), as evidenced by a certain promissory note (the “Note”), which is secured by a first
mortgage lien (the “Mortgage”) on certain property of the Maker (the “Properties” and individually,
a “Property”). [Add description of Qualifying Debt.] The Note, the Mortgage and all other
instruments, whether now existing or hereafter arising, evidencing or securing the Loan or any
extension or modification thereof, as each such document has been or may hereafter be amended or
modified, are collectively referred to herein as the “Loan Documents.”

     WHEREAS, the Guarantors hold limited partnership interests (“OP Units”), directly or
indirectly, in Schottenstein Realty LP, a Delaware limited partnership.

     WHEREAS, the Guarantors desire to guarantee collection of a portion of the principal amount of
the Note not in excess of [Guaranteed Amount] (the “Guaranteed Amount”).

     NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, and intending to be legally bound hereby, Guarantors agree as follows:

     1. Guarantee and Limitation on Liability.

     A. The Guarantors, pursuant to this Guarantee, hereby unconditionally guarantee to the
Guaranteed Party, subject to the terms of this Paragraph 1 below, full payment of all of the
Maker’s obligations for the repayment of the principal amount outstanding under the Note as
of the date hereof (the “Guaranteed Obligations”).

     B. Notwithstanding anything to the contrary contained in this Guarantee: (i) each
Guarantor’s liability under this Guarantee shall be limited to the lesser of (x) the actual
principal amount outstanding under the Note and (y) the amount(s) set forth next to such
Guarantor’s name on Schedule 2 attached hereto, as the same may be amended from time to
time; (ii) the amounts payable by each Guarantor in respect of the Guaranteed Obligations
shall be in the same proportion as the amount listed next to such Guarantor’s name on
Schedule 2 bears to the Guaranteed Amount; and (iii) no demand shall be made under this
Guarantee (1) unless and until an event of default under the Loan Documents has occurred and
is continuing and the Guaranteed Party has accelerated the Loan and (A) either foreclosed on
the Mortgage and exercised the powers of sale thereunder or accepted a deed to the
Properties in lieu of foreclosure of its indebtedness and (B)

 

 

proceeded against and exhausted all remedies, whether at law or in equity, available to
the Guaranteed Party against the Maker, any collateral securing the Loan (including but not
limited to the assets of the Maker other than the Properties against which the Guaranteed
Party has recourse pursuant to the Loan Documents); and (2) except as and to the extent that
the Guaranteed Amount is in excess of the Maker Proceeds (as hereinafter defined).

     C. For the purposes of this Guarantee, the term “Maker Proceeds” shall mean the
aggregate of the Foreclosure Proceeds (as hereinafter defined) plus all other amounts
collected from the Maker or realized from the sale of assets of the Maker other than the
Properties by the Guaranteed Party in repayment of the Note.

     D. For the purposes of this Guarantee, the term “Foreclosure Proceeds” shall have the
applicable meaning set forth below with respect to a Property:

     1. If at least one bona fide third party unrelated to the Guaranteed Party (and
including, without limitation, any of the Guarantors) bids for such Property at a
sale thereof, conducted upon foreclosure of the related Mortgage or exercise of the
power of sale thereunder, Foreclosure Proceeds shall mean the highest amount bid for
such Property by the party that acquires title thereto (directly or through a
nominee) at or pursuant to such sale. For the purposes of determining such highest
bid, amounts bid for the Property by the Guaranteed Party shall be taken into
account notwithstanding the fact that such bids may constitute credit bids which
offset against the amount due to the Guaranteed Party under the Note.

     2. If there is no such unrelated third party at such sale of the Property so
that the only bidder at such sale is the Guaranteed Party or its designee, the
Foreclosure Proceeds shall be deemed to be the fair market value (the “Fair Market
Value”) of the Property as of the date of the foreclosure sale, as such Fair Market
Value shall be mutually agreed upon by the Guaranteed Party and the Guarantors or
determined pursuant to Paragraph 1.E.

     3. If the Guaranteed Party receives and accepts a deed to the Property in lieu
of foreclosure in partial satisfaction of Maker’s obligations under the Note, the
Foreclosure Proceeds shall be deemed to be the Fair Market Value of such Property as
of the date of delivery of the deed-in-lieu of foreclosure, as such Fair Market
Value shall be mutually agreed upon by the Guaranteed Party and the Guarantors or
determined pursuant to Paragraph 1.E.

     E. Fair Market Value of a Property shall be the price at which a willing seller not
compelled to sell would sell such Property, and a willing buyer not compelled to buy would
purchase the Property, free and clear of all mortgages but subject to all leases and
reciprocal easements and operating agreements. If the Guaranteed Party and Guarantors are
unable to agree upon the Fair Market Value of a Property in accordance with subparagraphs
1.D.2 or 3 above, as applicable, within twenty (20) days after the date of the foreclosure
sale or the delivery of the deed-in-lieu of foreclosure, as applicable,

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relating to a Property, either party may have the Fair Market Value of a Property
determined by appraisal by appointing an appraiser having the qualifications set forth below
to determine the same and by notifying the other party of such appointment within twenty
(20) days after the expiration of such twenty (20) day period. If the other party shall
fail to notify the first party, within twenty (20) days after its receipt of notice of the
appointment by the first party, of the appointment by the other party of an appraiser having
the qualifications set forth below, the appraiser appointed by the first party shall alone
make the determination of such Fair Market Value. Appraisers appointed by the parties shall
be members of the Appraisal Institute (MAI) and shall have at least ten years’ experience in
the valuation of properties similar to the Property being valued in the greater metropolitan
area in which such Property is located. If each party shall appoint an appraiser having the
aforesaid qualifications and such two appraisers cannot, within thirty (30) days after the
appointment of the second appraiser, agree upon the determination hereinabove required, then
they shall select a third appraiser which third appraiser shall have the aforesaid
qualifications, and if they fail so to do within forty (40) days after the appointment of
the second appraiser they shall notify the parties hereto, and either party shall thereafter
have the right, on notice to the other, to apply for the appointment of a third appraiser to
the chapter of the American Arbitration Association or its successor organization located in
the metropolitan area in which the Property is located or to which the Property is proximate
or if no such chapter is located in such metropolitan area, in the metropolitan area closest
to the Property in which such a chapter is located. Each appraiser shall render its
decision as to the Fair Market Value of the Property in question within thirty (30) days
after the appointment of the third appraiser and shall furnish a copy thereof to the
Guaranteed Party and Guarantors. The Fair Market Value of the Property shall then be
calculated as the average of (i) the Fair Market Value determined by the third appraiser and
(ii) whichever of the Fair Market Values determined by the first two appraisers is closer to
the Fair Market Value determined by the third appraiser; provided, however, that if the Fair
Market Value determined by the third appraiser is higher or lower than both Fair Market
Values determined by the first two appraisers, such Fair Market Value determined by the
third appraiser shall be disregarded and the Fair Market Value of the Property shall then be
calculated as the average of the Fair Market Value determined by the first two appraisers.
The Fair Market Value of a Property as so determined shall be binding and conclusive upon
the Guaranteed Party and Guarantors. Each party shall bear the cost of its own appraiser and
the cost of appointing, and the expenses of, the third appraiser shall be shared equally by
the Guaranteed Party and Guarantors.

     2. Waivers: Other Agreements.

     The Guaranteed Party is hereby authorized, without notice to or demand upon Guarantors, which
notice or demand is expressly waived hereby, and without discharging or otherwise affecting the
enforceability of the obligations of the Guarantors hereunder (which shall remain absolute and
unconditional notwithstanding any such action or omission to act), from time to time to:

     (i) waive or otherwise consent to noncompliance with any provision of the Note or
Mortgage, or any part thereof, or any other instrument or agreement in respect of

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the Guaranteed Obligations now or hereafter executed by Maker or any other person and
delivered to the Guaranteed Party;

     (ii) accept partial payments on the Guaranteed Obligations by Maker;

     (iii) receive, take and hold additional security or collateral for the payment of the
Guaranteed Obligations or for the payment of this Guarantee, or for the payment of any other
guarantees of the Guaranteed Obligations, and exchange, enforce, waive, substitute,
liquidate, terminate, abandon, fail to perfect, subordinate, transfer, or otherwise alter or
release any such additional security or collateral;

     (iv) apply any and all such security or collateral and direct the order or manner of
sale thereof as the Guaranteed Party may determine in its sole discretion;

     (v) settle, release, compromise, collect or otherwise liquidate the Guaranteed
Obligations or accept, substitute, release, exchange or otherwise alter, affect or impair
any Mortgage or any other security or collateral for the Guaranteed Obligations or any other
guarantee therefore, in any manner;

     (vi) add, release or substitute any one or more other guarantors, makers or endorsers
of the Guaranteed Obligations and otherwise deal with Maker or any other guarantor as the
Guaranteed Party may elect in its sole discretion; and

     (vii) apply any and all payments or recoveries from Maker, Guarantors or from any other
guarantor of the Guaranteed Obligations, to such of the Guaranteed Obligations as the
Guaranteed Party in its sole discretion may determine, whether such Guaranteed Obligations
are secured or unsecured or guaranteed or not guaranteed by others.

     3. No Right of Subrogation. Until payment in full of the Guaranteed Obligations, the
Guarantors shall have no right of subrogation or indemnification whatsoever, whether by contract,
at law, in equity or otherwise, with respect to the Guaranteed Obligations and hereby waive any and
all rights of subrogation and indemnification prior to such payment in full and any right to assert
or enforce any remedy with respect thereto which the Guarantors or any of them now or hereafter may
have against the Maker, any partner (whether general or limited) or member of the Maker and any
other person or entity.

     4. Release of Guarantee; Substitution. In the event that (a) Guarantor disposes of
all of his, her or its OP Units [or otherwise desires to be released from this Guarantee], at a
time when there is not a default with respect to any payment due under the Note and the ratio of
the outstanding balance of the Guaranteed Obligations to the appraised value of the Properties is
not greater than 80% (the “Ratio Test”) or (b) a Guarantor dies, then, upon request by such
Guarantor (or his or her estate), such Guarantor (or estate) shall be released from all liability
hereunder (and his, her or its Guaranteed Obligation shall be reduced to zero). Notwithstanding
the foregoing, the occurrence of an event described in clause (a) or (b) above shall not release a
Guarantor (or its estate) from any payment obligation it incurred prior to the occurrence of such
event. Guarantor (or its estate) may, at its option, elect to substitute another person who is
related to the Guarantor (or its estate) (within the meaning of Treasury Regulation section 1.752-

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4(b)) to serve as Guarantor hereunder, provided that such person has a net worth at the time
of such substitution of not less than the net worth of the existing Guarantor hereunder at the time
of such substitution and there is no default under the Loan Documents with respect to any payment
due at the time of such substitution. In the event of such substitution, the existing Guarantor
hereunder shall be released from all liability upon delivery to Lender of a guarantee in the form
of this Guarantee executed by such substituted person.

     5. Miscellaneous.

     A. This Guarantee is irrevocable as to any and all of the Guaranteed Obligations until
the earliest date (the “Termination Date”) that, as a result of a repayment, compromise or
adjustment of a principal amount of the Note, the total principal amount outstanding under
the Note is reduced by an amount equal to or greater than the Guaranteed Amount, or if the
Maker incurs indebtedness senior to, or pari passu with the Note, provided that the
obligations of the Guarantors hereunder shall continue after the Termination Date to the
extent of any claims that are attributable fully and solely to an event or action that
occurred before the Termination Date.

     B. This Guarantee is binding on the Guarantors and their successors and assigns, and
inures to the benefit of the Guaranteed Party.

     C. No delay on the part of the Guaranteed Party in the exercise of any right or remedy
shall operate as a waiver thereof, and no single or partial exercise or waiver by the
Guaranteed Party of any right or remedy shall preclude any further exercise thereof, nor
shall any modification or waiver of any of the provisions of this Guarantee be binding upon
the Guaranteed Party, except as expressly set forth in a writing duly signed or delivered by
the Guaranteed Party or on the Guaranteed Party’s behalf by an authorized officer or agent
of the Guaranteed Party. The Guaranteed Party’s failure at any time or times hereafter to
require strict performance by Maker, Guarantors or any other person of any of the
provisions, warranties, terms and conditions contained in any security agreement,
agreements, guarantee, instrument or document now or at any time or times hereafter executed
by Maker or Guarantors or delivered to the Guaranteed Party shall not waive, affect or
diminish any right of the Guaranteed Party at any time or times hereafter to demand strict
performance thereof and such right shall not be deemed to have been waived by any act or
knowledge of the Guaranteed Party, its agents, officers, or employees, unless such waiver is
contained in an instrument in writing signed by an officer or agent of the Guaranteed Party
and directed to Maker or Guarantors, or either of them (as the case may be) specifying such
waiver. No waiver by the Guaranteed Party of any default shall operate as a waiver of any
other default or the same default on a future occasion, and no action by the Guaranteed
Party permitted hereunder shall in any way affect or impair the Guaranteed Party’s rights or
the obligations of Guarantors under this Guarantee.

     D. This Guarantee shall be interpreted and the rights and liabilities of the parties
hereto determined in accordance with the laws (other than the conflicts of law provisions)
of the State of [state law governing other loan documents]. The rights and obligations
contained in this Guarantee are intended to cause the Guarantors or a person

5

 

related to the Guarantors (within the meaning of Treasury Regulation section
1.752-4(b)) who is a partner in Schottenstein Realty LP to bear or to be treated as bearing
the economic risk of loss (within the meaning of Treasury Regulation section 1.752-2) with
respect to the Loan to the extent of the amount of the aggregate Guaranteed Obligations and
shall be interpreted consistently therewith.

     E. This Guarantee contains all the terms and conditions of the agreement between the
Guaranteed Party and Guarantors. The terms and provisions of this Guarantee may not be
waived, altered, modified or amended except in writing duly executed by the party to be
charged thereby.

     F. Any notice shall be directed to the parties at the following addresses:

     If to Guarantors:

     If to the Guaranteed Party:

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Exhibit D

Form of Assignment and Assumption Agreements

ASSIGNMENT OF

[MEMBERSHIP AND/OR LIMITED PARTNER AND/OR PARTNER] INTERESTS

([Grantor])

     This Assignment of [Membership and/or Limited Partner and/or Partner] Interests (“Assignment”)
is made effective as of the _____ day of ____________, 2011, by [___________________], a(n)
______________ (“Assignor”) in favor of SCHOTTENSTEIN REALTY LP, a Delaware limited partnership
(“Assignee”).

WITNESSETH:

     WHEREAS, Assignor is the holder of outstanding [membership interests and/or limited partner
interests and/or partner interests] in certain entities (each, an “Entity”) identified on Schedule
A attached hereto and made a part hereof (the “Transferred Interests”); and

     WHEREAS, Assignor desires to assign, convey and transfer the Transferred Interests to Assignee
and Assignee desires to accept such assignment, conveyance and transfer of the Transferred
Interests.

     NOW THEREFORE, for Ten Dollars ($10.00) and other good and valuable consideration, the
receipt, adequacy and sufficiency of which is hereby acknowledged, the parties intending to be
legally bound hereby do agree as follows:

     1. The recitals set forth in the preamble of this Assignment, above, are true and correct and
incorporated herein by this reference.

     2. Assignor hereby assigns, conveys and transfers unto Assignee the Transferred Interests.
Assignee hereby accepts such assignment, conveyance and transfer of the Transferred Interests. This
Assignment shall be binding on Assignor and Assignee and their respective successors and assigns.

     3. Assignor represents and warrants (i) that Assignor has full right and authority to transfer
the Transferred Interests and (ii) that the Transferred Interests are free and clear of all liens,
claims and encumbrances.

     4. Notwithstanding any provision in the [limited liability company and/or limited partnership
and/or partnership] agreement of each Entity to the contrary, (i) contemporaneously with the
assignment described in Paragraph 2 of this Assignment, Assignee shall be admitted as a substitute
[member and/or limited partner and/or partner, as applicable,] of each Entity and (ii) immediately
following the admission of Assignee as a substitute [member and/or limited partner and/or partner,
as applicable,] of each Entity, Assignor shall and does hereby resign as a [member and/or limited
partner and/or partner, as applicable,] of each Entity, and shall thereupon

134

 

cease to be a [member and/or limited partner and/or partner, as applicable,] of each Entity,
and shall thereupon cease to have or exercise any right or power as a [member and/or limited
partner and/or partner, as applicable,] of each Entity. The assignment of the Transferred
Interests, the admission of Assignee as a substitute [member and/or limited partner and/or partner,
as applicable,] of each Entity and the resignation of the Assignor as a [member and/or limited
partner and/or partner, as applicable,] of each Entity shall not dissolve the Entities.

     5. As consideration for the Transferred Interests, Assignor shall receive [cash in the amount
of __________ / __________ units of limited partnership interests in Assignee] (the
“Consideration”).

     6. [If Assignor receives cash: Ten percent (10%) of the Consideration will be held by
Assignee in escrow pursuant to the terms and provisions of that certain Second Amended and Restated
Contribution Agreement dated on or about the date hereof. If Assignor receives units: Ten percent
(10%) of the Consideration shall be pledged by Assignor pursuant to terms and provisions of that
certain Second Amended and Restated Contribution Agreement dated on or about the date hereof.]

     7. This Assignment may be executed in one or more counterparts, all of which together shall
constitute a single agreement and each of which shall be an original for all purposes. Executed
signature pages of this Assignment transmitted via facsimile or electronic mail shall be valid and
binding a original signatures and shall be considered an agreement of Assignor to fully execute and
deliver originally signed copies of this Assignment.

[The remainder of this page is intentionally left blank.]

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     IN WITNESS WHEREOF, Assignor and Assignee have executed this Assignment as of the date first
written above.

ASSIGNOR:

____________________, a(n) ______________

	 	 	 	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Its: 	 
	 

ASSIGNEE:

SCHOTTENSTEIN REALTY LP,

a Delaware limited partnership

By:   Schottenstein Realty Trust, Inc.,

a Maryland corporation, its general partner

	 	 	 	 	 
	 	By:  	
 	 
	 	 	Name:  	Benton E. Kraner 	 
	 	 	Title:  	President 	 

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SCHEDULE A TO FORM OF ASSIGNMENT

	 	 	 	 	 	 	 	 	 	 	 
	PROPERTY	 	TRANSFERRED INTERESTS	 	 	 	 
	#

	 	NAME
	 	[LIMITED LIABILITY COMPANY AND/OR

LIMITED PARTNERSHIP AND/OR

PARTNERSHIP]
	 	% INTEREST

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Exhibit E

Subsidiaries Taxable as a Corporation for Purposes of Section 3.09

With respect to which the Company intends to make a “taxable REIT subsidiary” Effective as of the

Closing.

     1. Schottenstein Realty TRS Inc.

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Exhibit F

Form of Pledge Agreement

(for purpose of Section 4.21(g))

MEMBERSHIP INTEREST PLEDGE AGREEMENT

     This MEMBERSHIP INTEREST PLEDGE AGREEMENT (this “Pledge Agreement”), dated of _______ ___,
2011, is among the contributing members set forth on the signature page hereto (hereinafter
referred to individually as a “Pledgor” and collectively as “Pledgors”), and Schottenstein Realty
Trust, Inc., a Maryland corporation (“REIT”) and Schottenstein Realty LP, a Delaware limited
partnership (“OP”, together with REIT, collectively, the “Pledgee”).

Preliminary Statement:

     WHEREAS, the REIT, OP and the Pledgors previously entered into that certain Second Amended and
Restated Contribution Agreement, dated as of _______ ___, 2011 (the “Contribution Agreement”);

     WHEREAS, the Pledgors are holders of limited liability company, general or limited partnership
interests in one or more of the limited liability companies or partnerships (the “Existing
Entities”) which own or lease, directly or indirectly, the real properties set forth on Exhibit A
to the Contribution Agreement (each, a “Property” and collectively, the “Properties”);

     WHEREAS, the limited liability company, general partner or limited partner interests in the
Existing Entities held by the Contributing Members are referred to herein collectively as the
“Contributing Member Interests;”

     WHEREAS, in conjunction with the formation transactions and the initial public offering of
stock in the Pledgee (the “IPO”), the Pledgee desires to consolidate the ownership of the
Contributing Member Interests into the OP in a consolidation transaction to be completed prior to
or concurrently with the completion of the IPO, as a result of which the Contributing Members will
have exchanged, through a series of assignment and assumption agreements, their Contributing Member
Interests for units of limited partnership interests (the “OP Units”) to be issued by the OP to the
Contributing Members (or, in certain limited cases, cash) (the “Consolidation Transactions”);

     WHEREAS, one of the conditions precedent to the IPO and the Contribution Agreement is that
each Pledgor shall have executed and delivered this Pledge Agreement to secure the payment and
performance of the Pledgors’ Obligations (as defined below).

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     NOW, THEREFORE, in consideration of the foregoing and the representations, warranties,
covenants and other terms contained in this Pledge Agreement, each Pledgor and Pledgee hereby agree
as follows:

     1. Definitions. All capitalized terms used but not elsewhere defined in this Pledge
Agreement shall have the respective meanings ascribed to such terms in the Contribution Agreement.
The following terms shall have the following meanings in this Pledge Agreement:

Collateral: an amount equal to ten percent (10%) of each Pledgor’s OP Units
(valuing each OP Unit at the IPO Price).

Lien: any lien (statutory or otherwise), pledge, hypothecation, restrictive
covenant, preference, assignment, security interest or any other encumbrance, charge
or transfer of, or any agreement to enter into or create any of the foregoing, on or
affecting all or any part of the Collateral or any interest therein.

Pledge Period: the period beginning on the date hereof and ending upon the
termination of the first anniversary of the Closing Date (the “Survival Period”);
provided, that, if any claim(s) asserted in any notice to the Pledgor of any
loss subject to indemnification pursuant to Section 4.21 of the Contribution
Agreement (a “Claim Notices(s)”) remain outstanding at the time of termination of
the Survival Period (any such claim, an “Outstanding Claim”), the Pledgee shall have
the right to retain, pending resolution of such Outstanding Claim(s) pursuant to the
Contribution Agreement, and at all times subject to the terms hereof, Collateral
with a value equal to the aggregate dollar amount of such Outstanding Claims
(“Retained Collateral”) and, solely with respect to such Retained Collateral, the
Pledge Period shall be deemed to continue (an “Extended Pledge Period”) until the
resolution pursuant to the Contribution Agreement, of the Outstanding Claim(s) to
which such Retained Collateral relates.

Pledgors’ Obligations: (i) any and all indemnity obligations contained in
Section 4.21 of the Contribution Agreement, due or to become due, now
existing or hereafter arising, of each Pledgor to the Company Indemnified Parties
pursuant to the terms of this Pledge Agreement or the Contribution Agreement and
(ii) the performance of the covenants of each Pledgor contained in this Pledge
Agreement and the Contribution Agreement.

     2. Pledge of Collateral. As collateral security for the payment and performance of
the Pledgors’ Obligations, each Pledgor hereby pledges, assigns and grants to Pledgee, for its own
benefit and for the benefit of each Company Indemnified Party, a pledge, lien and security interest
in all Collateral now owned or hereafter acquired by such Pledgor.

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     3. Representations, Warranties and Covenants. Each Pledgor hereby represents,
warrants and covenants to Pledgee that with respect to the Collateral pledged by such Pledgor to
Pledgee on the date hereof, (i) such Collateral represents (10%) of the issued and outstanding
OP Units owned by such Pledgor, (ii) such Pledgor is the legal and beneficial owner of the
Collateral pledged by such Pledgor to Pledgee pursuant to this Pledge Agreement, (iii) such
Collateral is validly issued, fully paid and non-assessable and is registered in the name of such
Pledgor, (iv) the pledge of such Collateral pursuant to the terms of this Pledge Agreement creates
a valid, and, upon the filing of appropriate UCC financing statements in the jurisdiction where the
chief executive office or principal residence of such Pledgor is located, a perfected, first Lien
on such Collateral in favor of Pledgee, (v) none of such Collateral is subject to any Lien of any
kind whatsoever, except for the first Lien on such Collateral granted to Pledgee hereby, (vi) no
consent of any other Person and no authorization, approval or other action by, or notice to or
filing with, any governmental body, is required for the pledge by such Pledgor of such Collateral
pursuant to the terms of this Pledge Agreement, (vii) the OP Units that make up the Collateral have
not been certificated other than pursuant to certificates which have been delivered to Pledgee on
the date hereof, (viii) until all of Pledgors’ Obligations have been paid and performed in full,
such Pledgor: (A) will not create or permit to exist any Lien upon or with respect to such
Collateral, except for the first Lien thereon granted to Pledgee by this Pledge Agreement, and (B)
will not sell, transfer, convey, assign, or otherwise divest such Pledgor’s interest in such
Collateral, or any part thereof, to any other Person, (ix) such Pledgor will not change the address
or location of its principal place of business or principal residence, as applicable, and the
location of its books and records relating to the Collateral, or merge or consolidate with any
person or change its name, without at least fifteen (15) days’ prior written notice to the Pledgee,
and with respect to any such change in address or name or merger or consolidation, Pledgor shall
execute and deliver to the Pledgee such documents and take such actions as the Pledgee reasonably
deems necessary to perfect and protect the Pledgee’s security interests in and to the Collateral,
and (x) this Pledge Agreement constitutes the legal, valid and binding obligation of the Pledgor,
enforceable against the Pledgor in accordance with its terms, except as such enforceability may be
limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or
affecting the rights and remedies of creditors or by the application of general equitable
principles. Each Pledgor further represents and warrants to Pledgee that such Pledgor’s address
for notice purposes and the state and county where such Pledgor’s chief executive office or
principal residence, as applicable, is set forth on Exhibit A hereto.

     4. Voting Power; Distributions. Unless and until a breach of the Contribution
Agreement or this Pledge Agreement shall have occurred or until Collateral may be applied to
satisfy any Pledgors’ Obligations hereunder, each Pledgor shall be entitled to exercise all voting
powers in all company matters pertaining to the Collateral or otherwise, for any purpose not
inconsistent with, or in violation of, any of the Contribution Agreement or this Pledge Agreement.
From and after the date that any a breach of the Contribution Agreement or this Pledge Agreement
has occurred or such time that Collateral may be applied to satisfy any Pledgors’ Obligations
hereunder, all rights of Pledgor to exercise all voting powers in all

141

 

company matters pertaining to
the Collateral or otherwise shall cease, and no Pledgor shall be entitled to receive any
distributions with respect to any portion of the Collateral. If any such distributions are
received by any Pledgor in violation of the terms of this Section 4, such
distributions shall be (i) held in trust by such Pledgor on behalf of Pledgee, (ii) turned
over to Pledgee by such Pledgor immediately upon receipt thereof and (iii) deemed to constitute a
portion of the Collateral pledged by such Pledgor to Pledgee hereunder. In case, upon the
dissolution or liquidation (in whole or in part) of the OP, any sum shall be paid as a liquidating
distribution or otherwise upon or with respect to any of the Collateral, such sum shall be paid
over to the Pledgee promptly, and in any event within ten (10) days after receipt thereof, to be
held by the Pledgee as additional Collateral hereunder. In case any distribution of partnership
interests shall be made with respect to the Collateral, or partnership interests or fractions
thereof shall be issued pursuant to any split involving any of the Collateral, or any distribution
of capital shall be made on any of the Collateral, or any partnership interests, shares,
obligations or other property shall be distributed upon or with respect to the Collateral pursuant
to a recapitalization or reclassification of the capital of the OP, or pursuant to the dissolution,
liquidation (in whole or in part), bankruptcy or reorganization of the OP, or pursuant to the
merger or consolidation of the OP with or into another entity, the partnership interests, shares,
obligations or other property so distributed shall be delivered to the Pledgee promptly, and in any
event within ten (10) days after receipt thereof, to be held by the Pledgee as additional
Collateral hereunder, and all of the same (other than cash) shall constitute Collateral for all
purposes hereof.

     5. Default and Remedies.

     5.1 Occurrence. The occurrence of a breach of the Contribution Agreement or
this Pledge Agreement or such time that Collateral may be applied to satisfy any Pledgors’
Obligations hereunder shall constitute a default hereunder.

     5.2 Remedies. If a default shall occur, Pledgee, at its option, may:

     5.2.1 Registration. Cause the Collateral to be registered in its name
or in the name of its nominee;

     5.2.2 Voting Power. Exercise all voting powers pertaining to the
Collateral and otherwise act with respect thereto as though Pledgee were the owner
thereof;

     5.2.3 Distributions. Receive all distributions of any kind whatsoever
on all or any part of the Collateral;

     5.2.4 Collection; Conversion. Exercise any and all rights of
collection, conversion or exchange, and any and all other rights, privileges,
options or powers of any Pledgor pertaining or relating to the Collateral;

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     5.2.5 Sale of Collateral. Subject to any applicable state or federal
securities laws, sell, assign and deliver the whole, or from time to time, any part
of the Collateral at any broker’s board or at any private sale or at public auction,
with or without demand for performance or advertisement of the time or place of sale
or adjournment thereof or otherwise, and free from any right of redemption
(all of which hereby expressly are waived by each Pledgor) for cash, for credit
or for other property, for immediate or future delivery, and for such price and on
such terms as Pledgee in its sole discretion may determine; and

     5.2.6 Other Remedies. Exercise any other remedy specifically granted
under this Pledge Agreement or now or hereafter existing in equity, or at law, by
virtue of statute or otherwise.

     5.2.7 Power of Attorney. With respect to the actions described in each
of subsections 5.2.2 and 5.2.4 above, each Pledgor hereby irrevocably constitutes
and appoints Pledgee its proxy and attorney-in-fact with full power of substitution
and acknowledges that the constitution and appointment of such proxy and
attorney-in-fact are coupled with an interest and are irrevocable until all of
Pledgors’ Obligations are paid and performed in full.

     5.3 Agreement to Sell Collateral. For the purposes of this Section 5, an
agreement to sell all or any part of the Collateral shall be treated as a sale thereof and
Pledgee shall be free to carry out such sale pursuant to such agreement, and no Pledgor
shall be entitled to the return of any of the same subject thereto, notwithstanding the fact
that after Pledgee shall have entered into such an agreement, all breaches of the
Contribution Agreement or this Pledge Agreement may have been remedied or all of Pledgors’
Obligations may have been paid and/or performed in full.

     5.4 Pledgee May Bid. At any sale made pursuant to Section 5.2 above, Pledgee
may bid for and purchase, free from any right of equity or redemption on the part of any
Pledgor (the same hereby being waived and released by each Pledgor), any part or all of the
Collateral that is offered for sale, and Pledgee, upon compliance with the terms of sale,
may hold, retain and dispose of such Collateral without further accountability therefor.

     5.5 Proceeds of Sale. Pledgee shall be entitled to the proceeds of any sale of
the whole or any part of the Collateral.

     5.6 No Duty of Pledgee. Pledgee shall not have any duty to exercise any of the
rights, privileges, options or powers or to sell or otherwise realize upon any of the
Collateral, as hereinbefore authorized, and Pledgee shall not be responsible for any failure
to do so or delay in so doing.

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     5.7 Effect of Sale. Any sale of all or any portion of the Collateral pursuant
to Section 5.2 above shall operate to divest all right, title and interest of each Pledgor
to the Collateral which is the subject of any such sale.

     5.8 Securities Act. Each Pledgor acknowledges that Pledgee may be unable to
effect a public sale of all or a part of the Collateral by reason of certain prohibitions
contained in the Securities Act of 1933, as amended, or any similar Federal statute, and
the rules and regulations of the SEC promulgated thereunder, as in effect from time to
time (the “Securities Act”), or that it may be able to do so only after delay which might
adversely affect the value that might be realized upon the sale of the Collateral.
Accordingly, each Pledgor agrees that Pledgee, without the necessity of attempting to cause
any registration of the Collateral to be effected under the Securities Act, may sell the
Collateral or any part thereof in one or more private sales to a restricted group of
purchasers who may be required to agree, among other things, that they are acquiring the
Collateral for their own account, for investment purposes only, and not with a view toward
the distribution or resale thereof. Each Pledgor agrees that any such private sale may be
at prices or on terms less favorable to the owner of the Collateral sold than would be the
case if such Collateral was sold at public sale, and that any such private sale shall not be
deemed not to have been made in a commercially reasonable manner by virtue of such sale
having been a private sale.

     5.9 Notice. Pledgee shall give not less than ten (10) Business Days’ prior
written notice to Pledgors of any sale pursuant to this Section 5. Each Pledgor hereby
agrees that such notice is commercially reasonable.

     6. Pledgee’s Obligations, Custodial Agreement, Performance Rights, Pledge Does Not Make
Pledgee a Member. Pledgee shall not have any duty to protect, preserve or enforce rights
against the Collateral other than a duty of reasonable custodial care of any such Collateral in its
possession, it being understood that Pledgee shall (i) have no responsibility for (A) ascertaining
or taking action with respect to calls, conversions, exchanges, maturities, tenders or other
matters relating to the Collateral, whether or not Pledgee has or is deemed to have knowledge of
such matters, (B) taking any necessary steps to preserve rights against any parties with respect to
the Collateral or (C) making any capital contributions or other payments on behalf of any Pledgor
and (ii) not be deemed to be a partner of the OP unless Pledgee purchases or otherwise retains the
applicable portion of the Collateral in connection with a foreclosure.

     7. Termination of Pledge Agreement. Upon the termination of the Pledge Period (or the
Extended Pledge Period, if and to the extent applicable), the Pledgor shall be entitled to, and the
Pledgee promptly shall effect, the return to the Pledgor of all of the Collateral (and all other
cash held as additional Collateral hereunder) that has not been used or applied toward the payment
of the Pledgors’ Obligations in accordance with the terms hereof (it being understood, for the sake
of clarity, that all Collateral not so used or applied

144

 

shall become subject to the foregoing return
obligation on and as of the expiration of the Survival Period, except for any Retained Collateral,
which shall become subject to the foregoing return obligation on and as of the date on which the
Outstanding Claim(s) related thereto are resolved in accordance with the Contribution Agreement).
The Pledgee shall take all reasonable actions to effect and evidence the return of Collateral under
this Section 7, including, without limitation, the filing of UCC termination statements (if
applicable) with respect to, and the return to the Pledgor of certificates representing the
Collateral. The assignment by the Pledgee to the Pledgor of such Collateral shall be without
representation
or warranty of any nature whatsoever and wholly without recourse. Notwithstanding the
foregoing, the Pledgor’s release of the Pledgee and agreement to hold the Pledgee harmless set
forth in the last sentence of Section 8.12 hereof shall survive any return of Collateral or
termination of this Pledge Agreement.

     8. Miscellaneous.

     8.1 Exercise of Rights. Each Pledgor unconditionally agrees that if a breach
of the Contribution Agreement or this Pledge Agreement has occurred and is continuing,
Pledgee may exercise its rights and remedies hereunder prior to, concurrently with, or
subsequent to the exercise by Pledgee of its rights and remedies against such Pledgor or any
other Person under the Contribution Agreement. The obligations of each Pledgor under this
Pledge Agreement shall be absolute and unconditional and shall remain in full force and
effect without regard to, and shall not be released or discharged or in any way affected by:

     8.1.1 Amendments. Any amendment or modification of or supplement to
the Contribution Agreement;

     8.1.2 Exercise or Non-Exercise of Rights. Any exercise or non-exercise
of any right or remedy under the Contribution Agreement, or the granting of any
postponements or extensions for time of payment or other indulgences to such Pledgor
or any other Person, or the settlement or adjustment of any claim or the release or
discharge or substitution of any Person primarily or secondarily liable with respect
to the Contribution Agreement;

     8.1.3 Bankruptcy. The institution of any bankruptcy, insolvency,
reorganization, debt arrangement, readjustment, composition, receivership or
liquidation proceedings by or against any Pledgor or any other Person; or

     8.1.4 Other Defenses. Any other circumstance which otherwise might
constitute a defense to, or a discharge of, such Pledgor with respect to Pledgors’
Obligations.

     8.2 Rights Cumulative. Each and every right, remedy and power granted to
Pledgee hereunder shall be cumulative and in addition to any other right, remedy or

145

 

power
specifically granted herein or now or hereafter existing in equity, at law, by virtue of
statute or otherwise and may be exercised by Pledgee, from time to time, concurrently or
independently and as often and in such order as Pledgee may deem expedient. Any failure or
delay on the part of Pledgee in exercising any such right, remedy or power, or abandonment
or discontinuance of steps to enforce the same, shall not operate as a waiver thereof or
affect the right of Pledgee thereafter to exercise the same, and any single or partial
exercise of any such right, remedy or power shall not preclude any other or further exercise
thereof or the exercise of any other right, remedy or power, and no such failure, delay,
abandonment or single or partial exercise of rights of Pledgee hereunder shall be
deemed to establish a custom or course of dealing or performance among the parties
hereto.

     8.3 Modification. Any modification or waiver of any provision of this Pledge
Agreement, or any consent to any departure by any Pledgor therefrom, shall not be effective
in any event unless the same is in writing and signed by Pledgee and then such modification,
waiver or consent shall be effective only in the specific instance and for the specific
purpose given. Any notice to or demand on any Pledgor in any event not specifically
required of Pledgee hereunder shall not entitle such Pledgor to any other or further notice
or demand in the same, similar or other circumstances unless specifically required
hereunder.

     8.4 Further Assurances. Each Pledgor agrees that at any time, and from time to
time, after the execution and delivery of this Pledge Agreement, such Pledgor, upon the
request of Pledgee, promptly will execute and deliver such further documents and do such
further acts and things as Pledgee reasonably may request in order to effect fully the
purposes of this Pledge Agreement and to subject to the security interest created hereby any
Collateral intended by the provisions hereof to be covered hereby. Each Pledgor and Pledgee
acknowledge their intent that, upon the occurrence of a breach of the Contribution Agreement
or this Pledge Agreement, Pledgee shall receive, to the fullest extent permitted by law and
governmental policy, all rights necessary or desirable to obtain, use or sell the
Collateral, and to exercise all remedies available to Pledgee under the Contribution
Agreement, the Uniform Commercial Code or other applicable law. Each Pledgor and Pledgee
further acknowledge and agree that, in the event of changes in law or governmental policy
occurring subsequent to the date hereof that affect in any manner Pledgee’s rights of access
to, or use or sale of, the Collateral, or the procedures necessary to enable Pledgee to
obtain such rights of access, use or sale, Pledgee and each Pledgor shall amend this Pledge
Agreement and the Contribution Agreement, in such manner as Pledgee reasonably shall
request, in order to provide Pledgee such rights to the greatest extent possible consistent
with then applicable law and governmental policy.

     8.5 Preservation of Collateral. Each Pledgor agrees that it will warrant,
preserve, maintain and defend, at the expense of such Pledgor, the right, title and interest
of Pledgee in and to the Collateral and all right, title and interest represented thereby

146

 

against all claims, charges and demands of all Persons whomsoever which are based on a
breach of Pledgors’ Obligations hereunder.

     8.6 Notices. All notices and communications under this Pledge Agreement shall
be delivered in the manner set forth in the Contribution Agreement, with all notices to any
Pledgor to be sent to the address of such Pledgor as set forth in the Contribution
Agreement.

     8.7 GOVERNING LAW. This Pledge Agreement shall be governed by the laws and
decisions of the State of New York. For the purposes of this Section 
8.7, this Pledge Agreement shall be deemed to be performed and made in the
State of New York.

     8.8 Severability. In the event that any provision of this Pledge Agreement is
deemed to be invalid by reason of the operation of any law, the validity, legality and
enforceability of the remaining terms and provisions of this Pledge Agreement shall not in
any way be affected or impaired thereby, all of which shall remain in full force and effect,
and the affected term or provision shall be modified to the minimum extent permitted by law
so as to achieve most fully the intention of this Pledge Agreement.

     8.9 Successors and Assigns. This Pledge Agreement shall inure to the benefit
of the successors and assigns of Pledgee and shall be binding upon the successors and
assigns of each Pledgor.

     8.10 Counterparts. This Pledge Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original, but all of which when taken
together shall be deemed to be one and the same instrument.

     8.11 Delivery of Certificates and Instruments. The Pledgor shall deliver to the
Pledgee: (a) the original certificates or other instruments or documents evidencing the
Collateral concurrently with the execution and delivery of this Pledge Agreement, and (b)
the original certificates or other instruments or documents evidencing all other Collateral
(except for Collateral that this Pledge Agreement specifically permits the Pledgor to
retain) within ten (10) days after a Pledgor’s receipt thereof. All Collateral that is
certificated securities shall be in bearer form or, if in registered form, shall be issued
in the name of the Pledgee or endorsed to the Pledgee or in blank. If any of the Collateral
consists of uncertificated securities, the Pledgee shall be entitled to indicate by book
entry with the appropriate registrar (which may be the Pledgee for any Collateral) that such
Collateral has been credited to the account of Pledgee.

     8.12 Care of Collateral. The Pledgee shall have no duty as to the collection or
protection of the Collateral or any income thereon or as to the preservation of any rights
pertaining thereto, beyond the safe custody of any thereof actually in its

147

 

possession. The
Pledgee shall have no further obligation to ascertain the occurrence of, or to notify the
Pledgor with respect to, any events and shall not be deemed to assume any such further
obligation as a result of the establishment by the Pledgee of any internal procedures with
respect to any Collateral in its possession. Except for any claims, causes of action or
demands arising out of the Pledgee’s failure to perform its agreements set forth in this
Section, the Pledgor releases the Pledgee from any claims, causes of action and demands at
any time arising out of or with respect to this Pledge Agreement, the Collateral and/or any
actions taken or omitted to be taken by the Pledgee with respect thereto, and the Pledgor
hereby agrees to hold the Pledgee harmless from and with respect to any and all such claims,
causes of action and demands.

     9. Jurisdiction and Venue. Each Pledgor hereby agrees that all actions or
proceedings initiated by such Pledgor in any capacity and arising directly or indirectly out
of this Pledge Agreement shall be litigated in the Superior Court of New York, New York
County Division, or the United States District Court for the Southern District of New York,
or, if Pledgee or Lender initiates such action, in addition to the foregoing courts, any
court in which Pledgee or such Lender shall initiate or to which Pledgee or such Lender
shall remove such action, to the extent such court has jurisdiction. Each Pledgor hereby
expressly submits and consents in advance to such jurisdiction in any action or proceeding
commenced in or removed by Pledgee or such Lender to any of such courts, and hereby waives
personal service of the summons and complaint, or other process or papers issued therein,
and agrees that service of such summons and complaint or other process or papers may be made
by registered or certified mail addressed to such Pledgor at the address to which notices
are to be sent to such Pledgor pursuant to Section 8.6. Each Pledgor waives any
claim that New York County, New York or the Southern District of New York is an inconvenient
forum or an improper forum based on lack of venue. Should any Pledgor, after being so
served, fail to appear or answer to any summons, complaint, process or papers so served
within the number of days prescribed by law after the mailing thereof, such Pledgor shall be
deemed in default and an order and/or judgment may be entered by Pledgee or Lender against
such Pledgor as demanded or prayed for in such summons, complaint, process or papers. The
exclusive choice of forum for each Pledgor set forth in this Section 12 shall not be
deemed to preclude the enforcement, by Pledgee or Lender, of any judgment obtained in any
other forum or the taking, by Pledgee or Lender, of any action to enforce the same in any
other appropriate jurisdiction, and each Pledgor hereby waives the right to collaterally
attack any such judgment or action.

     10. Waiver of Right to Jury Trial. Pledgee and each Pledgor acknowledge and agree
that any controversy which may arise under this Pledge Agreement or with respect to the
transactions contemplated hereby would be based upon difficult and complex issues

148

 

and, therefore,
the parties agree that any lawsuit arising out of any such controversy will be tried in a court of
competent jurisdiction by a judge sitting without a jury.

[remainder of this page intentionally left blank]

149

 

     IN WITNESS WHEREOF, each Pledgor and Pledgee have caused this Pledge Agreement to be
executed as of the date first above written.

	 	 	 	 	 
	 	PLEDGORS:
 	 
	 	  	 	 
	 	 	[TO BE INSERTED] 	 
	 	 	 	 
	 
	 	PLEDGEE:

SCHOTTENSTEIN REALTY TRUST, INC.,

a Maryland corporation

 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	SCHOTTENSTEIN TRUST LP,

a Delaware limited partnership

 	 
	 	By: 	Schottenstein
Realty Trust, Inc., a Maryland corporation, its general
partner

	 

					
	 	
 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

150

 

EXHIBIT A TO PLEDGE AGREEMENT

	 	 	 
	Contributing Member	 	Notice Address
	[TO BE INSERTED]

	 	[TO BE INSERTED]
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 
	 
	 	 
	 

	 	 

151

 

Exhibit G

Form of Escrow Agreement

(for purposes of Section 4.2(g))

ESCROW AGREEMENT

     THIS ESCROW AGREEMENT (this “Escrow Agreement”), made this ___ day of _____________, 2011, by
SCHOTTENSTEIN REALTY TRUST, INC., a Maryland corporation (the “Escrow Agent”).

WITNESSETH:

     WHEREAS, the contributing member(s) set forth on Exhibit A (each, a “Contributing
Member”, and collectively, the “Contributing Members”) and Escrow Agent, among other parties, have
entered into an Second Amended and Restated Contribution Agreement, dated as of _______ ___, 2011
(the “Contribution Agreement”); and

     WHEREAS, the Contributing Members have entered into certain Assignments of Membership
Interests set forth on Exhibit B, each dated as of the date hereof (each, an “Assignment”
and collectively, the “Assignments”); and

     WHEREAS, the Contribution Agreement and the Assignments provide for the Contributing Members
to deposit, pursuant to an escrow agreement, an amount equal to ten percent (10%) of each
Contributing Members’ Cash Payments (as defined in the Contributing Agreement) (the “Escrowed
Funds”), if any, with Escrow Agent to fund any indemnification claims under Section 4.21 of the
Contribution Agreement; and

     WHEREAS, the Escrowed Funds are to be held by Escrow Agent on the terms set forth in the
Contribution Agreement and the Assignments, and Escrow Agent is willing to do so.

     NOW, THEREFORE, the parties agree as follows:

     1. Defined Terms: All capitalized terms used in and not defined in this Escrow
Agreement shall have the same meaning as defined in the Contribution Agreement.

     2. Escrowed Funds: Escrow Agent shall hold the Escrowed Funds furnished on the date
hereof in a segregated account and in accordance with the Contribution Agreement and the
Assignments, until the termination of the Escrow Period (hereinafter defined). For purposes of
this Escrow Agreement, the “Escrow Period” is the period beginning on the date hereof and ending
upon the termination of the first anniversary of the Closing Date (the “Survival Period”);
provided, that, if any claim(s) asserted in any notice to the Contributing Member(s) of any
loss subject to indemnification pursuant to Section 4.21 of the Contribution Agreement remain
outstanding at the time of termination of the Survival Period (any such claim, an “Outstanding
Claim”), the Escrow Agent shall have the right to retain, pending resolution of such Outstanding
Claim(s) pursuant to the Contribution Agreement, and at all times subject to the terms hereof,
Escrowed Funds with a value equal

152

 

to the aggregate dollar amount of such Outstanding Claims (“Retained Collateral”) and, solely
with respect to such Retained Collateral, the Escrow Period shall be deemed to continue (an
“Extended Escrow Period”) until the resolution pursuant to the Contribution Agreement, of the
Outstanding Claim(s) to which such Retained Collateral relates.

     3. Exculpation of Escrow Agent: Escrow Agent is acting solely as a stakeholder at
their request and for their convenience, that Escrow Agent shall not be deemed to be the agent of
any Contributing Member, and that Escrow Agent shall not be liable to any Contributing Member for
any act or omission on its part unless taken or suffered in bad faith, in willful disregard of this
Agreement or involving gross negligence.

     4. Expenses Incurred in Disputes: All reasonable expenses, disbursements and
advances, including reasonable attorneys’ fees, incurred or made by Escrow Agent in connection with
a dispute involving the Escrowed Funds and its obligations hereunder shall be paid by the losing
party. There are no fees or other amounts payable to Escrow Agent for or in respect of its
services or other duties under or in respect of this Escrow Agreement.

     5. Additional Conditions and Stipulations:

          (a) Escrow Agent shall not be responsible for any loss or delay occasioned by the
closure or insolvency of the financial institution into which Escrow Agent deposited the Escrowed
Funds.

          (b) Escrow Agent shall not be responsible for the dishonor of any check, money order, draft,
negotiable instrument, or other financial document, received as Escrowed Funds by Escrow Agent
under this Escrow Agreement.

          (c) It is expressly agreed that this Escrow Agreement is for the sole benefit of the
Contributing Members and shall not be construed or deemed to be made for the benefit of any other
parties.

          (d) This Escrow Agreement and the obligations of the parties hereunder shall be interpreted,
construed and enforced in accordance with the laws of the State of New York.

[The remainder of this page is intentionally left blank.]

153

 

     IN WITNESS WHEREOF, the undersigned has executed this Escrow Agreement as of the date first
above written.

	 	 	 	 	 
	 	ESCROW AGENT:

SCHOTTENSTEIN REALTY TRUST, INC.,

a Maryland corporation

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

154

 

EXHIBIT A TO ESCROW AGREEMENT

	 	 	 
	Contributing Member	 	Cash Holdback
	Ann Schottenstein Deshe 1983 Discretionary Trust

	 	[TO BE INSERTED]
	Ann S. Deshe Descendants Trust

	 	[TO BE INSERTED]
	Daniel Matthew Deshe 1987 Subchapter S Trust

	 	[TO BE INSERTED]
	Dara Lauren Deshe 1985 Subchapter S Trust

	 	[TO BE INSERTED]
	David Deshe

	 	[TO BE INSERTED]
	David Scott Deshe 1983 Subchapter S Trust

	 	[TO BE INSERTED]
	Elie Deshe

	 	[TO BE INSERTED]
	Elie Michael Deshe 1983 Subchapter S Trust

	 	[TO BE INSERTED]
	Glosser Brothers Acquisition Inc.

	 	[TO BE INSERTED]
	Saul Schottenstein 2002 Trust No. 2

	 	[TO BE INSERTED]
	Saul Schottenstein 2002 Trust No. 3

	 	[TO BE INSERTED]
	Schottenstein Stores Corporation

	 	[TO BE INSERTED]
	Susan Schottenstein 1983 Discretionary Trust

	 	[TO BE INSERTED]
	Susan Schottenstein Diamond 1987 Irrevocable Trust

	 	[TO BE INSERTED]
	Susan S. Diamond Descendants Trust

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #10

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #4

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #5

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #6

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #7

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #8

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1984-2011 Grandchildren’s Trust #9

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #10

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #4

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #5

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #6

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #7

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #8

	 	[TO BE INSERTED]
	The Jerome Schottenstein 1990-2011 Grandchildren’s Trust #9

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #10

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #4

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #5

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #6

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #7

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #8

	 	[TO BE INSERTED]
	The Saul Schottenstein 1984-2011 Trust #9

	 	[TO BE INSERTED]
	A. Jeffrey Abrams, Trustee u/a A. Jeffrey Abrams Revocable
Trust Agreement

	 	[TO BE INSERTED]
	Bernstein Financial Group LLC

	 	[TO BE INSERTED]
	Ben Hayes

	 	[TO BE INSERTED]
	Douglas Ballinger

	 	[TO BE INSERTED]
	DJM Asset Management LLC

	 	[TO BE INSERTED]

155

 

	 	 	 
	Contributing Member	 	Cash Holdback
	Katz Family Limited Partnership No. 2

	 	[TO BE INSERTED]
	JSSI Capital Enterprises, LLC

	 	[TO BE INSERTED]
	Marc Hurwitz

	 	[TO BE INSERTED]
	Nebur Holding Company LLC

	 	[TO BE INSERTED]
	Rub LLC

	 	[TO BE INSERTED]
	SMRE Acquisition Corp.

	 	[TO BE INSERTED]

156

 

EXHIBIT B TO ESCROW AGREEMENT

Assignments of Membership Interests

	1.	 	Assignment of Membership Interests (Ann Schottenstein Deshe 1983 Discretionary Trust)
	 
	2.	 	Assignment of Membership Interests (Ann S. Deshe Descendants Trust)
	 
	3.	 	Assignment of Membership Interests (Daniel Matthew Deshe 1987 Subchapter S Trust)
	 
	4.	 	Assignment of Membership Interests (Dara Lauren Deshe 1985 Subchapter S Trust)
	 
	5.	 	Assignment of Membership Interests (David Deshe)
	 
	6.	 	Assignment of Membership Interests (David Scott Deshe 1983 Subchapter S Trust)
	 
	7.	 	Assignment of Membership Interests (Elie Deshe)
	 
	8.	 	Assignment of Membership Interests (Elie Michael Deshe 1983 Subchapter S Trust)
	 
	9.	 	Assignment of Membership Interests (Glosser Brothers Acquisition Inc.)
	 
	10.	 	Assignment of Membership Interests (Saul Schottenstein 2002 Trust No. 2)
	 
	11.	 	Assignment of Membership Interests (Saul Schottenstein 2002 Trust No. 3)
	 
	12.	 	Assignment of Membership Interests (Schottenstein Stores Corporation)
	 
	13.	 	Assignment of Membership Interests (Susan Schottenstein 1983 Discretionary Trust)
	 
	14.	 	Assignment of Membership Interests (Susan Schottenstein Diamond 1987 Irrevocable Trust)
	 
	15.	 	Assignment of Membership Interests (Susan S. Diamond Descendants Trust)
	 
	16.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #10)
	 
	17.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #4)
	 
	18.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #5)
	 
	19.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #6)
	 
	20.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #7)
	 
	21.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #8)
	 
	22.	 	Assignment of Membership Interests (The Jerome Schottenstein 1984-2011 Grandchildren’s
Trust #9)
	 
	23.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #10)
	 
	24.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #4)
	 
	25.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #5)
	 
	26.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #6)
	 
	27.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #7)

157

 

	28.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #8)
	 
	29.	 	Assignment of Membership Interests (The Jerome Schottenstein 1990-2011 Grandchildren’s
Trust #9)
	 
	30.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #10)
	 
	31.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #4)
	 
	32.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #5)
	 
	33.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #6)
	 
	34.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #7)
	 
	35.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #8)
	 
	36.	 	Assignment of Membership Interests (The Saul Schottenstein 1984-2011 Trust #9)
	 
	37.	 	Assignment of Membership Interests (A. Jeffrey Abrams, Trustee u/a A. Jeffrey Abrams
Revocable Trust Agreement)
	 
	38.	 	Assignment of Membership and Limited Partner Interests (Bernstein Financial Group LLC)
	 
	39.	 	Assignment of Membership Interests (Ben Hayes)
	 
	40.	 	Assignment of Membership Interests (Douglas Ballinger)
	 
	41.	 	Assignment of Membership Interests (DJM Asset Management LLC)
	 
	42.	 	Assignment of Membership Interests (Katz Family Limited Partnership No. 2)
	 
	43.	 	Assignment of Membership Interests (JSSI Capital Enterprises, LLC)
	 
	44.	 	Assignment of Membership Interests (Marc Hurwitz)
	 
	45.	 	Assignment of Membership Interests (Nebur Holding Company LLC)
	 
	46.	 	Assignment of Membership Interests (Rub LLC)
	 
	47.	 	Assignment of Membership and Limited Partner Interests (SMRE Acquisition Corp.)

158

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