Document:

EXHIBIT 10.26

                         JONES LANG LASALLE INCORPORATED

                    NON-EXECUTIVE DIRECTOR COMPENSATION PLAN
                         SUMMARY OF TERMS AND CONDITIONS
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                   Amended and Restated as of January 1, 2006

I.   INTRODUCTION:

     The Non-Executive Director Compensation Plan (as amended and restated, the
"Plan") of Jones Lang LaSalle Incorporated (the "Company") is designed to
attract and retain highly qualified individuals to serve as non-executive
members of the Company's Board of Directors and to align the interests of the
non-executive directors (the "Directors") with those of the Company's
shareholders.  Members of the Board of Directors who are also employees and/or
officers of the Company do not qualify for compensation under the Plan.  The
terms of the Plan as set forth below are effective for service on the Board of
Directors on and after January 1, 2006.

II.  COMPENSATION:

     The Plan provides each of the Company's Directors the following
compensation for service on the Company's Board of Directors:

     A.   ONE-TIME  GRANT  OF  RESTRICTED  STOCK  UPON  INITIAL ELECTION TO
          THE  BOARD  OF  DIRECTORS

          Upon his or her initial election to the Board of Directors, each
          Director shall receive a one-time grant of restricted shares of Common
          Stock in the aggregate amount of $75,000. The number of restricted
          shares shall be calculated based on the closing price of the Company's
          Common Stock on the date of the grant. The restricted shares shall
          vest five years from the date of the grant.

     B.   CASH

          Each Director shall receive the following compensation in cash,
          subject to certain elections that each Director may otherwise make as
          described below.

          a.   ANNUAL RETAINER - $60,000 in cash, payable in equal
               quarterly installments in advance, promptly after the beginning
               of each calendar quarter.

          b.   BOARD MEETING ATTENDANCE FEES - $3,000 for attendance at
               each meeting ($1,000 for each telephonic meeting), payable
               promptly after each meeting.

          c.   COMMITTEE MEETING ATTENDANCE FEES - $1,500 for attendance at
               each meeting ($1,000 for each telephonic meeting), payable
               promptly after each meeting.

          d.   AUDIT COMMITTEE CHAIR ADDITIONAL RETAINER - The Chair of the
               Audit Committee shall be paid an annual retainer of $20,000, to
               be paid in full and in advance following the appointment of the
               Chair after each Annual Meeting of Shareholders, such payment to
               be made promptly after the end of the second calendar quarter
               each year.

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          e.   COMPENSATION COMMITTEE CHAIR ADDITIONAL RETAINER - The Chair
               of the Compensation Committee shall be paid an annual retainer of
               $10,000, to be paid in full and in advance following the
               appointment of the Chair after each Annual Meeting of
               Shareholders, such payment to be made promptly after the end of
               the second calendar quarter each year.

          f.   NOMINATING AND GOVERNANCE COMMITTEE CHAIR ADDITIONAL
               RETAINER - The Chair of the Nominating and Governance Committee
               shall be paid an annual retainer of $5,000, to be paid in full
               and in advance following the appointment of the Chair after each
               Annual Meeting of Shareholders, such payment to be made promptly
               after the end of the second calendar quarter each year.

          For administrative convenience, the Company in its discretion may
          delay payments for individual telephonic meetings until such time as
          other payments for in-person Board meetings are being made.

     C.   ANNUAL GRANTS OF RESTRICTED STOCK

          At the time of each Annual Meeting of Shareholders, each Director
          shall receive an annual grant of restricted shares of Common Stock in
          the aggregate amount of $75,000. The number of restricted shares shall
          be calculated based on the closing price of the Company's Common Stock
          on the date of the grant. The restricted shares shall vest five years
          from the date of the grant.

     D.   COMMON STOCK ALTERNATIVE WITH RESPECT TO ANNUAL RETAINER

               i.   PERCENTAGE ELECTION - Directors may elect to receive
                    any or all of their Annual Retainer in shares of the
                    Company's Common Stock (rather than in cash) in increments
                    of 5% (i.e., 5%, 10%, 15%, etc.)

               ii.  RECEIPT/DEFERRAL - Directors may elect to take receipt
                    of their shares of Company's Common Stock either:

                    1.   During the year in which the Annual Retainer is
                         earned, in quarterly installments equal to the
                         percentage of the Annual Retainer elected, divided by
                         four, divided by the price per share of Company Stock
                         on the last day of each quarter. For administrative
                         purposes, shares may not actually be distributed until
                         after the end of the year in which the Annual Retainer
                         was earned.

                         Or

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                    2.   On a deferred basis:

                         a.   when they retire from the Board of Directors;

                         b.   ten (10) years after the date on which they
                              retire from the Board of Directors; or

                         c.   for a specified number of years (not less
                              than 1 or more than 10).

                         Notwithstanding the foregoing, in no event shall the
                         distribution of shares be accelerated at a time earlier
                         than which they otherwise would have been distributed,
                         whether by amendment of the Plan, exercise of the
                         Company's discretion or otherwise, except in the event
                         of a Director's death or long-term disability.

               iii. DEFERRAL ELECTION - Any election to defer shares shall
                    be made prior to the year in which the Annual Retainer
                    subject to deferral shall be earned. Any newly elected
                    Director shall have five (5) days from the date of his or
                    her election to the Board to elect to defer any percentage
                    hereunder. The initial deferral election shall clearly
                    specify the time of payment. All deferral elections shall be
                    irrevocable.

               iv.  COMPANY MATCH ON DEFERRED SHARES - Any shares for which
                    receipt is deferred shall be matched by the Company by a
                    number of shares equal to 25% of the value of the quarterly
                    amount so deferred, based on the price per share of Stock on
                    the last day of each quarter.

               v.   DIVIDENDS/STOCK SPLITS - Dividends, if any, on deferred
                    shares of Common Stock shall be paid in additional shares
                    having a fair market value equal to the amount of the
                    dividends paid on the date of payment. However, any
                    fractional shares shall be paid in cash. Deferred Stock
                    shall be subject to any stock splits, reverse stock splits,
                    or stock dividends.

               vi.  CODE SECTION 409A - The Plan is subject to the
                    provisions of Section 409A of the Internal Revenue Code
                    enacted under the American Jobs Creation Act of 2004, and
                    any regulations issued thereunder. The Plan shall be
                    interpreted and administered consistent with this intent and
                    shall apply to all amounts deferred on or after January 1,
                    2005. The Company reserves the right to amend or modify this
                    Section D in order to comply with regulations promulgated by
                    the Department of Treasury under Code Section 409A.

     E.   DEFERRAL OPPORTUNITIES UNDER U.S. DEFERRED COMPENSATION PLAN

          Those Directors who are subject to the payment of United States
          federal income taxes are eligible to participate in the Company's U.S.
          Deferred Compensation Plan with respect to any or all of the cash
          amounts payable under this Plan. Participation in the Deferred
          Compensation Plan is subject to the separate documentation, agreements
          and elections that will be provided to any Director upon request.

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     F.   GENERAL

          a.   ADMINISTRATION - This plan will be administered by the
               Nominating and Governance Committee of the Board of Directors.

          b.   NON-COMMITTEE MEMBER ATTENDANCE. A Director who voluntarily
               attends the meeting of a Committee of which he is not a voting
               member shall not be compensated for attendance at such meeting.

          c.   SOURCE OF STOCK - All shares of the Company's Common Stock
               granted under this Plan shall be issued out of the Company's
               Amended and Restated Stock Award and Incentive Plan, as in effect
               from time to time (the "SAIP") and shall otherwise be subject to
               the terms of the SAIP and any applicable award agreement that
               shall be presented to the Director by the Company.

          d.   AMENDMENT - The Plan may only be amended by the Nominating
               and Governance Committee of the Board of Directors.

          e.   ITEMIZED STATEMENTS - The Company shall provide periodic
               itemized statements accounting for the payments that have been
               made to the respective Directors under the Plan.

                                       4EXHIBIT 10.27

[GRAPHIC OMITED]
JONES LANG
LASALLE

                                                Form of Agreement for SOP
                                                Unit Purchases Through the Stock
                                                Ownership Program (SOP)

                   LIM FUNDS CO-INVESTMENT PURCHASE AGREEMENT
                   ------------------------------------------
                                     (2006)
                                     ------

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NAME OF REGIONAL OR INTERNATIONAL DIRECTOR (PLEASE PRINT)
[To  be  eligible  to  sign this Agreement, the Director must have met the stock
ownership  guidelines  under  the  Stock  Ownership  Program  (SOP)  and must be
eligible  to  opt-out of SOP with respect to his or her 2005 bonus to be paid in
2006]

                                                                               %
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PERCENTAGE  (%)  OF SOP AMOUNT ELECTED TO BE USED TO ACQUIRE CO-INVESTMENT UNITS

                                                                               %
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REMAINING  PERCENTAGE  (%) OF SOP ELECTED TO BE PUT INTO RESTRICTED COMMON STOCK
(WITH  25%  UPLIFT)

[Please  Note: The above two percentages must equal 100%. As many whole Units as
possible  will  be purchased based on one Unit = US$1,000. Any remainder will be
put  into  shares  of  Restricted  Common Stock, rounded up to the nearest whole
share]

To be completed by Global Human Resources Based on Above Elections:

US$
--------------------------------------------------------------------------------
TOTAL US DOLLAR AMOUNT OF INVESTMENT IN SOP UNITS (MINIMUM OF US$10,000)

--------------------------------------------------------------------------------
NUMBER OF WHOLE UNITS PURCHASED
(Number  of  Whole Units equals Total Dollar Amount of Investment / US$1,000 per
Unit)

     This  LIM  Funds Co-Investment Purchase Agreement (this Agreement) is dated
as of February 17, 2006 and is made between Jones Lang LaSalle Incorporated (the
Company)  and  the  person  whose  name  appears above, in his or her individual
capacity  (the  Buyer  or  you).

INTRODUCTION: PURPOSE OF AGREEMENT; PRICE OF UNITS

     The  Company,  through  a co-investment vehicle known as LaSalle Investment
Company (LIC), has made investments of the Company's capital into certain of the
real

<PAGE>
estate  investment funds that have been established by the Company's subsidiary,
LaSalle  Investment  Management, Inc., for its investor clients (the LIM Funds).

     The  Company  desires  to  provide its Regional and International Directors
(collectively,  the  "Directors")  with  certain  opportunities to make personal
investments in the LIM Funds on an approximately proportionate basis with LIC in
order  to  encourage  retention  of  those  key  executives  who  view  such  an
opportunity as an additional benefit of being employed by the Company.

     This  Agreement  applies  to those Directors, one of whom is the Buyer, who
were  eligible  to  opt  out  of  the Company's Stock Ownership Program (SOP) in
respect  of their 2005 bonuses payable in 2006 but have chosen to apply all or a
portion  of  their  SOP  amount in order to make an investment in the LIM Funds.
Accordingly,  investments  in  the  LIM  Funds are being offered to the Buyer in
whole  units  (Units),  the price of which is US$1,000 per Unit, with a required
minimum  total  investment  of  US$10,000.  By  this  Agreement,  the  Buyer  is
directing  the  Company  to apply up to one hundred percent (100%) of the amount
that  would  otherwise  have  been  applied to shares of restricted common stock
under  the  Company's  2006 Stock Ownership Program (but expressly EXCLUDING the
25%  uplift  that would otherwise have been added to such common stock) in order
to  purchase Units.  Units purchased under this Agreement are in addition to any
units  the Buyer may also be separately acquiring outside the SOP, to the extent
permitted  by  the  Company,  under a separate agreement.  Units purchased under
this  Agreement  shall  be  called  SOP  Units.

     The  Company intends to offer on an annual basis the opportunity to acquire
additional  units  to  employees  who are Directors at the time of each offering
through  the SOP (but reserves the right not to do so in a particular year or to
change  the  terms  of  an  offering from one year to the next).  This Agreement
reflects  the  offering  being  made  in  2006.

AGREEMENT TO PURCHASE INVESTMENT SECURITY; VESTING OF UNITS

     By  this  Agreement, the Company agrees to sell to the Buyer, who agrees to
purchase  from the Company, the total number of Units set forth at the beginning
of this Agreement (the Investment), effective as of the date above.

     Upon (1) receipt by the Company from the Buyer of the total amount of funds
set  forth  at  the  beginning  of  this  Agreement,  (2)  the execution of this
Agreement  and  its  delivery  by  the  Buyer  to  the  Company  and  (3)  the
countersignature  by  the  Company  of  this Agreement, a copy of which shall be
returned  to the Buyer, this Agreement shall constitute the certification of the
Investment  and  may  be  used by the Buyer and the Company as the sole evidence
thereof  for  all  purposes.

     For  all  purposes,  the  Investment shall be considered a liability of the
Company  owed  to  the Buyer, who shall accordingly be deemed to be an unsecured
general  creditor  of  the  Company  with  respect to the Investment.  The Buyer
understands  that  he  or  she

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will  not be a direct investor in the LIM Funds themselves and therefore that in
the  event  of  the  bankruptcy  of the Company, the Buyer could lose the entire
value of this investment even if the LIM Funds themselves remained solvent.

     Consistent  with  the  terms of the SOP, one half of the SOP Units acquired
under  this  Agreement  shall vest on July 1, 2007 and the other half of the SOP
Units  acquired  under this Agreement shall vest on July 1, 2008.  The terms and
conditions  regarding  the  vesting  and  forfeiture  of  the SOP Units shall be
governed  by  the  SOP  and  shall  be  identical  to  the  terms and conditions
applicable  to  shares  of restricted stock acquired under the SOP (including in
connection with a change of control), the terms of which are incorporated herein
by  this reference.  Once the Units have vested, they will remain the Buyer's if
he  or  she leaves the Company, regardless of the circumstances.  The Buyer does
not  have  any rights to sell his or her Individual Units back to the Company in
the  event  the  Buyer  leaves  the  Company for any reason, nor can the Company
require  the  Buyer  to  sell  them  back.

     IN  ORDER  TO  MAKE  AN  INVESTMENT IN UNITS, PLEASE RETURN THIS AGREEMENT,
FULLY  COMPLETED  AND  EXECUTED  BY  YOU,  TO  JONES  LANG  LASALLE GLOBAL HUMAN
RESOURCES, AON CENTER, 200 EAST RANDOLPH STREET, CHICAGO, ILLINOIS 60601 USA, BY
NO LATER THAN FEBRUARY 17, 2006.  The Company will deduct from your annual bonus
amount  any  funds  you  are  investing  in  SOP  Units.

INVESTMENT RETURN TO THE BUYER; INVESTMENT AND DISTRIBUTION OF CASH

     The  Buyer  and  the  Company  agree  that  the  investment  return  on the
Investment to the Buyer, including without limitation with respect to the amount
and  timing  of all cash distributions thereon, shall be determined by reference
to  the  collective  investments  that  LIC  has  made  in  the LIM Funds during
calendar-year 2005.  A complete list of those LIM Funds represented by the Units
is  set  forth  on  Appendix  A,  indicating the percentage of each Unit that is
represented  by each separate LIM Fund.  All payments to the Buyer in respect of
the  return  on  the  Buyer's  Investment shall approximate the internal rate of
return  that  LIC  receives  from  the  LIM  Funds.

     In  its  discretion  and  for  ease  of  administration,  the  Company  may
accumulate  cash  distributions  from  the LIM Funds for up to one year prior to
their  collective disbursement at one time to you and all of the other Directors
who  have  purchased  Units.  Any cash distributions received from the LIM Funds
prior  to the vesting of SOP Units will be retained by the Company until the SOP
Units  have  vested, after which all such undistributed funds shall be paid over
to  you  when  the  Company  next  makes  a  distribution.

     The Buyer understands that the decision about which LIM Funds to invest in,
and how much to invest, has been made on behalf of LIC by the Jones Lang LaSalle
Co-Investment Capital Allocation Committee in its sole discretion.

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<PAGE>
     Moreover,  the  Buyer  further  understands  that  the accounting treatment
accorded  to  each  of the LIM Funds, and the amount and timing of distributions
from  any  of the LIM Funds, is within the discretion of the applicable LIM Fund
and  that  the  Buyer  shall  not  be  consulted or otherwise have any rights to
participate  in  the  determination  of  any  such  matters.  The  timing  of
distributions  cannot  be accurately predicted as of the date of this Agreement.

     The  Buyer understands that all transactions with respect to the Investment
shall  be  made in United States Dollars and that the Buyer shall be responsible
for  any  diminution  in  the  value  of  his or her Investment as the result of
foreign  currency  exchange.

INFORMATION TO BE PROVIDED TO THE BUYER

     The  Company  has provided to the Buyer information with respect to the LIM
Funds.  While  the Buyer continues to hold Units, the Company shall from time to
time provide to the Buyer such reports with respect to the performance and other
aspects  of the LIM Funds as the Company may in its discretion deem appropriate.
The  Buyer  understands  that  it shall have no rights to receive any additional
information  with  respect  to  the LIM Funds beyond what is contemplated in the
prior  sentence.

REPRESENTATIONS  OF  THE  BUYER

     As a condition to acquiring the Investment, and with the understanding that
the  Company  is  willing  to  offer  the  Investment  to  the Buyer only on the
condition  that  the  Buyer  makes  certain  representations and agreements, the
undersigned Buyer hereby represents to the Company as follows:

     1.     REGARDLESS  OF  MY  COUNTRY  OF CITIZENSHIP OR RESIDENCE, I meet the
definition  of  an  "accredited  investor"  for  purposes  of  the United States
Securities  Act  of  1933  (the  Securities Act), which means that either (a) my
                                                                   ------
individual net worth, or joint net worth with my spouse, exceeds US$1,000,000 as
of  the  date  of  this  Agreement  or  (b) I had individual income in excess of
                                    --
US$200,000  in  each of the two most recent years or joint income with my spouse
in  excess  of  US$300,000  in  each  of those years and, in either case, have a
reasonable expectation of reaching the same income level in the current year.  I
make  this  representation regardless of my country of residence or citizenship.
US  Dollar  amounts  are  based  on the approximate exchange rates to applicable
currencies  at  the  time  of  this  Agreement.

     2.     (a)  ONLY  IF  I  AM  A CITIZEN OR RESIDENT OF THE UNITED KINGDOM, I
represent  that  that I meet the definition of a "high net worth individual" for
purposes of Article 48 of the Financial Services and Markets Act 2000 (Financial
Promotion)  Order 2005, which means that either (a) my individual net income for
                                         ------
the  2005  calendar year was  100,000 or more or (b) I held throughout the whole
                                              --
of  the 2005 calendar year net assets of  250,000 or more.  Net assets for these
purposes  do  not include (i) property which is my primary residence or any loan
secured  on  it,  (ii)  any  rights  I  may  have under a qualifying contract of
insurance  with  the  meaning  of  the  Financial  Services  and

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<PAGE>
Markets Act 2000 (Regulated Activities) Order 2001 or (iii) any benefits (in the
form  of  pensions  or  otherwise)  which  are  payable on the termination of my
service  or  on  my death or retirement and to which I (or my dependents) are or
may  be  entitled.  I  understand  that  the  content of this offer has not been
approved  by  an  authorised person within the meaning of the Financial Services
and  Markets  Act  2000  and  that  reliance  on  this  offer may expose me to a
significant risk of losing all of the funds invested.  I further understand that
this  offer  is exempt from the general restriction in Section 21 of the FSMA on
the communication of invitations or inducements to engage in investment activity
on  the  ground that it has been limited to certified high net worth individuals
in  the  United  Kingdom  and  that, if I have any doubt about the investment to
which  this offer relates, I should consult an authorised person specializing in
advising  on  investments  of  this  kind.

          (b)  ONLY  IF  I  AM  A  CITIZEN  OR RESIDENT OF AUSTRALIA, I am not a
"retail investor," which means that I have net assets of at least A$2,500,000 or
                                                                              --
gross  income for each of the last two financial years of at least A$250,000.  I
understand  that  this  document  has  not  been and will not be lodged with the
Australian  Securities  and  Investments  Commission.  The offer is only made to
those persons to whom disclosure is not required under Division 2 of Part 6D2 or
Part  7.9  of  the  Corporations Act 2001 and does not purport to be an offer of
interests  for  which  disclosure  is  required.  In addition, the Fund is not a
registered  scheme  as  defined  in  the  Corporations  Act  2001.

          (c)  IF I AM A RESIDENT OF A COUNTRY OTHER THAN THE UNITED STATES, THE
UNITED  KINGDOM  OR AUSTRALIA, I acknowledge that I may be asked to make certain
additional representations in order to be permitted to purchase the Units.

     3.     I  understand that this offer of Units is intended to be exempt from
the  prospectus  and registration requirements in each jurisdiction in which the
Company's  Directors  reside.  I  FURTHER UNDERSTAND THAT THIS AGREEMENT AND THE
OFFERING  OF UNITS HAVE NOT BEEN, AND WILL NOT BE, FILED WITH OR APPROVED BY THE
UNITED  STATES  SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION
OR  SIMILAR  REGULATORY AGENCY OF ANY STATE OR JURISDICTION IN ANY COUNTRY.  ANY
REPRESENTATION  TO  THE  CONTRARY  MAY  BE  A  CRIMINAL  OFFENSE.

     4.     Given my position within the Company as a Director and my experience
at  the  Company,  with  other  employers  and/or as a personal investor, I am a
sophisticated  investor with respect to securities generally and with respect to
real  estate  and  that,  by reason of my business or financial experience, I am
capable  of  evaluating  the  merits  and  risks of making the Investment and of
protecting my own interest in connection with the purchase of the Investment.  I
have  such information as I have deemed necessary concerning the Investment, and
the  business  and  financial  condition  of  the  Company,  in order to make an
informed decision regarding the Investment.  I understand that the Company files
various  disclosure  documents  about  its  business  and financial condition as
required  by the United States Securities and Exchange Commission (the SEC), all
of which are available for my review at the website of the SEC at www.sec.gov or
                                                                  -----------
on  the  Company's website at www.joneslanglasalle.com.  In particular, the risk
                              ------------------------
factors

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<PAGE>
associated  with the Company's business and with its co-investment activities in
particular may be found within the Company's annual reports on Form 10-K.

     5.     The  Company  has not given me any investment advice or rendered any
opinion  as  to whether the Investment is prudent or suitable, and I acknowledge
that  I have independently and without reliance upon the Company, and based upon
such  information as I have deemed appropriate, made my own decision to purchase
the  Investment.  I  understand that making the Investment is not a condition to
my  continued  employment  with  the  Company  and  will  have  no  effect on my
employment  status with the Company, nor does it create any rights to employment
or  constitute  any  type  of  employment  contract.

     6.     I,  for myself and on behalf of my successors and/or assigns, hereby
irrevocably  forever  release,  discharge  and waive any and all claims, rights,
causes  of  action,  suits,  obligations,  debts,  demands,  liabilities,
controversies,  costs, expenses, fees or damages of any kind (including, but not
limited  to,  rights  to  rescind  my  purchase  and any and all claims alleging
violations  of  securities laws of any jurisdiction, common-law fraud or deceit,
breach  of  fiduciary  duty,  negligence  or  otherwise),  whether  directly,
derivatively,  representatively or in any other capacity, against the Company or
any  of  its assets, advisors, subsidiaries or affiliates, including any and all
of  its  present and/or past directors, officers, employees, fiduciaries, agents
or  attorneys, and their respective successors and assigns, that are based upon,
arise  from  or  in  any  way  relate to or involve, directly or indirectly, the
existence or substance of this Agreement or any other information provided to me
in  connection  with  the  Investment,  except only in the case of the Company's
willful  misconduct.

     7.     I  represent and agree that I am acquiring the Investment for my own
account  and  for investment purposes only and not with a view to, or for resale
in  connection with, any distribution thereof in violation of the Securities Act
or  of  any  other  securities  law  or  regulation  that may apply to me in any
jurisdiction.  I  understand  that  the  Units  will not be registered under the
Securities  Act  or  qualified  or  registered  under the securities laws of any
jurisdiction.  I  understand that the reliance by the Company on exemptions from
such  registration  and  qualification  is  based,  in  part,  on  the  Buyer's
representations and other agreements set forth in this Agreement.

     8.     I  understand  that  the  laws of some jurisdictions may prohibit or
restrict the ability to use funds set aside in certain types of retirement plans
in  making  investments  similar  to  the  Investment.  I  represent that I have
obtained  independent  advice  that  such  laws  do  not prohibit or restrict my
ability  to  make the Investment or to perform and comply with the terms of this
Agreement.

     9.     I  agree  that  I  may  not  transfer  the  Units  constituting  the
Investment  to  any  person  or entity except by will or the laws of descent and
distribution  after  my  death,  nor  may  I  pledge  the Units as collateral or
otherwise  create  any  liens or encumbrances upon the Units.  I understand that
this  means  the  Units  are  not  a  liquid  investment  and  that  I

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<PAGE>
may  not be able to use them to satisfy any personal short-term cash obligations
that  I  may  have.

     10.     I  understand  and  agree  that  the  Company  has  no  fiduciary
obligations to me in connection with the Investment, which is solely a matter of
contract  pursuant  to  this  Agreement.

MISCELLANEOUS

     1.     The  Buyer  is responsible for the payment of all taxes (whether for
income  or otherwise) that may be imposed by his or her country of residence (or
other  applicable  jurisdiction)  and the Buyer acknowledges that the Company is
giving  the Buyer no advice in this regard.  The Buyer will, to the extent he or
she  deems  it  necessary  or  advisable,  consult  with his or her personal tax
advisor  with  respect  to  the  tax  consequences of the Investment.  The Buyer
releases  the  Company  from any obligations to withhold or pay any taxes on the
Buyer's  behalf  with  respect to the Investment and shall indemnify the Company
from  any  costs  (whether  due  to  the payment of taxes or otherwise) that the
Company  may  incur  as  the  result  of  a  claim  for taxes made by any taxing
jurisdiction  with  respect  to the Buyer's Investment.  The Company does retain
the  right,  however,  in  its  discretion to withhold and pay such taxes on the
Buyer's  behalf  as  the  Company may deem necessary in order to comply with any
applicable  laws.

     2.     If  the  Company,  based  of  its receipt of a legal opinion to that
effect  by  a  reputable  law  firm  licensed  to  practice  in  the  applicable
jurisdiction,  determines  that  the  Investment by the Buyer under the terms of
this  Agreement  would  constitute  the  violation of the laws of any applicable
jurisdiction by either the Buyer or the Company, then the Company may in writing
declare  this Agreement null and void, and of no legal force or effect, in which
case the entire amount of the Investment shall be promptly returned to the Buyer
by  the  Company  without  interest.

     3.     In  the  event  that all of the investments made by the Directors in
respect  of  purchasing  Units  (whether under the 2006 SOP or otherwise) do not
equal  at least US$1,000,000, then the Company shall have the right to terminate
this  Agreement  and  promptly  thereafter to return all of the funds previously
delivered,  without  interest.  In the event that all of the investments made by
the  Directors  in  respect  of  purchasing  Units exceed US$5,000,000, then the
Company  reserves  the  right  to  proportionately  reduce  the  amount  of  all
investments  by  all  Directors  so  that the total amount of the investments is
reduced  to  US$5,000,000.

     4.     The  Buyer  and the Company each agrees that this Agreement shall be
binding upon and inure to the benefit of each of their respective successors and
assigns.

     5.     This  Agreement  may  be  executed  separately  in  counterparts.  A
facsimile  signature  by either party to this Agreement shall be deemed to be an
original  for  all  purposes.

                                        7
<PAGE>
     6.     In  the  event  the  Buyer leaves the employment of the Company, the
Buyer  agrees  to provide the Company with notification of any address change so
that  the  Company  will remain able to forward future cash distributions to the
Buyer  in  respect  of  his  or  her  Units.

     IN  WITNESS  WHEREOF,  each  of  Jones  Lang  LaSalle  Incorporated, as the
Company,  and  the  Buyer,  have  executed  this  Agreement as of the date first
written  above.

                                       JONES  LANG  LASALLE  INCORPORATED

                                       By:
                                          -------------------------------------
                                       Printed  Name:
                                                     --------------------------
                                       Its:
                                           ------------------------------------

                                       ----------------------------------------
                                                Signature of the Buyer

                                        8
<PAGE>
<TABLE>
<CAPTION>
                                     APPENDIX A
                                     ----------

           LIM FUND               INVESTMENT CLASSIFICATION  PERCENTAGE OF TOTAL *
--------------------------------  -------------------------  ---------------------
<S>                               <C>                        <C>
French Fund II                           Opportunistic                17.0%

Income and Growth IV                       Value-add                  13.4%

German Retail Fund                         Value-add                  12.8%

LaSalle Euro Growth II                     Value-add                  10.8%

Canadian Income and Growth I               Value-add                   9.0%

Japan Logistics Fund                     Opportunistic                 8.0%

LaSalle Income & Growth III                Value-add                   7.4%

LaSalle London Office                      Value-add                   6.6%

LaSalle Asia Recovery Fund I             Opportunistic                 6.0%

CIJ Juarez Mexico                          Value-add                   5.6%

LaSalle Asia Opportunity Fund II         Opportunistic                 3.4%

  TOTAL                                                                100%
</TABLE>

*Allocations are estimates at this time.  Actual allocations will not be
available until 2005 financial statements are available for each fund.

                                        9

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