Document:

Exhibit
4.1.6

 

SUPPLEMENTAL
INDENTURE

 

SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated
as of September 14, 2005, by and among ET Sub-Woodbridge, L.P., a Pennsylvania
limited partnership (the “Guaranteeing Subsidiary”),
Ventas Realty, Limited Partnership, a Delaware limited partnership, and Ventas
Capital Corporation, a Delaware corporation (collectively, the “Issuers”), the other Guarantors (as defined in the Indenture
referred to herein) and U.S. Bank National Association, as trustee under the
Indenture referred to herein (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the
Issuers have heretofore executed and delivered to the Trustee an Indenture
dated as of October 15, 2004, as supplemented by the Supplemental Indenture
dated as of December 15, 2004, the Supplemental Indenture dated as of April 4,
2005, the Supplemental Indenture dated as of June 7, 2005 and the Supplemental
Indenture dated as of June 21, 2005 (as so supplemented, the “Indenture”), providing for the issuance of 65/8%
Senior Notes due 2014 (the “Notes”);

 

WHEREAS, the
Indenture provides that under certain circumstances the Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to
which the Guaranteeing Subsidiary shall unconditionally guarantee all of the
Issuers’ Obligations (as defined in the Indenture) under the Notes and the
Indenture on the terms and conditions set forth herein (a “Note
Guarantee”); and

 

 WHEREAS,
pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute
and deliver this Supplemental Indenture.

 

 NOW
THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing
Subsidiary and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders of the Notes as follows:

 

 1.            CAPITALIZED TERMS.  Capitalized terms used herein without
definition shall have the meanings assigned to them in the Indenture.

 

 2.            AGREEMENT TO GUARANTEE.  The Guaranteeing Subsidiary hereby agrees as
follows:

 

(a)           Subject to Article
10 of the Indenture, the Guaranteeing Subsidiary hereby, jointly and
severally with all other Guarantors, unconditionally guarantees to each Holder
of a Note authenticated and delivered by the Trustee and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of the
Indenture, the Notes or the obligations of the Issuers thereunder, that:

 

(i)               the principal
of, and premium and Liquidated Damages, if any, and interest on the Notes will
be promptly paid in full when due, whether at maturity, by acceleration,
redemption or otherwise, and interest on the overdue principal of and interest
on the Notes, if any, if lawful, and all other obligations of the Issuers to

 

 

the Holders or the Trustee hereunder or
thereunder will be promptly paid in full or performed, all in accordance with
the terms hereof and thereof; and

 

(ii)              in case of any
extension of time of payment or renewal of any Notes or any of such other
obligations, that same will be promptly paid in full when due or performed in
accordance with the terms of the extension or renewal, whether at stated
maturity, by acceleration or otherwise.

 

Failing payment when due of any amount so guaranteed or any performance
so guaranteed for whatever reason, the Guarantors shall be jointly and
severally obligated to pay the same immediately.

 

(b)          The obligations
hereunder shall be unconditional, irrespective of the validity, regularity or
enforceability of the Notes or the Indenture, the absence of any action to
enforce the same, any waiver or consent by any Holder of the Notes with respect
to any provisions hereof or thereof, the recovery of any judgment against the
Issuers, any action to enforce the same or any other circumstance which might
otherwise constitute a legal or equitable discharge or defense of a Guarantor,
other than payment in full of all obligations under the Notes.

 

(c)           The following is
hereby waived: diligence, presentment, demand of payment, filing of claims with
a court in the event of insolvency or bankruptcy of the Issuers, any right to
require a proceeding first against the Issuers, protest, notice and all demands
whatsoever.

 

(d)          This Note Guarantee
shall not be discharged except by complete performance of the obligations
contained in the Notes and the Indenture, and the Guaranteeing Subsidiary hereby
accepts all obligations of a Guarantor under the Indenture.

 

(e)           If any Holder or the
Trustee is required by any court or otherwise to return to the Issuers, the
Guarantors or any custodian, trustee, liquidator or other similar official
acting in relation to either the Issuers or the Guarantors, any amount paid by
either to the Trustee or such Holder, this Note Guarantee, to the extent
theretofore discharged, shall be reinstated in full force and effect.

 

(f)           The Guaranteeing
Subsidiary shall not be entitled to any right of subrogation in relation to the
Holders in respect of any obligations guaranteed hereby until payment in full
of all obligations guaranteed hereby.

 

(g)          As between the
Guarantors, on the one hand, and the Holders and the Trustee, on the other
hand, (1) the maturity of the obligations guaranteed hereby may be accelerated
as provided in Article 6 of the Indenture for the purposes of this Note
Guarantee, notwithstanding any stay, injunction or other prohibition preventing
such acceleration in respect of the obligations guaranteed hereby, and (2) in
the event of any declaration of acceleration of such obligations as provided in
Article 6 of the Indenture,

 

2

 

such obligations (whether or not due and
payable) shall forthwith become due and payable by the Guarantors for the
purpose of this Note Guarantee.

 

(h)          The Guarantors shall
have the right to seek contribution from any non-paying Guarantor so long as
the exercise of such right does not impair the rights of the Holders under the
Note Guarantees.

 

(i)            In accordance with Section
10.02 of the Indenture, after giving effect to any maximum amount and all
other contingent and fixed liabilities that are relevant under any applicable
Bankruptcy Law or fraudulent conveyance law, and after giving effect to any
collections from, rights to receive contribution from or payments made by or on
behalf of any other Guarantor in respect of the obligations of such other
Guarantor under Article 10 of the Indenture, this Note Guarantee shall
be limited to the maximum amount permissible such that the obligations of the
Guaranteeing Subsidiary under this Note Guarantee will not constitute a
fraudulent transfer or conveyance.

 

3.             EXECUTION AND DELIVERY.  The Guaranteeing Subsidiary agrees that this
Note Guarantee shall remain in full force and effect notwithstanding any
failure to endorse on each Note a notation of such Note Guarantee.

 

4.                                           GUARANTEEING
SUBSIDIARY MAY CONSOLIDATE, ETC. ON CERTAIN TERMS.

 

(a)           The Guaranteeing
Subsidiary may not sell or otherwise dispose of all or substantially all of its
assets to, or consolidate with or merge with or into (whether or not the
Guaranteeing Subsidiary is the surviving Person) another Person, other than the
Issuers or another Guarantor unless:

 

(i)           immediately after
giving effect to that transaction, no Default or Event of Default exists; and

 

(ii)          subject to Section
10.05 of the Indenture, the Person acquiring the property in any such sale
or disposition or the Person formed by or surviving any such consolidation or
merger assumes all of the obligations of the Guaranteeing Subsidiary under the
Indenture, this Note Guarantee and the Registration Rights Agreement pursuant
to a supplemental indenture in form and substance reasonably satisfactory to
the Trustee.

 

(b)          In case of any such
consolidation, merger, sale or conveyance and upon the assumption by the
successor Person, by supplemental indenture, executed and delivered to the
Trustee and satisfactory in form to the Trustee, of this Note Guarantee
endorsed upon the Notes and the due and punctual performance of all of the
covenants and conditions of the Indenture to be performed by the Guaranteeing
Subsidiary, such successor Person shall succeed to and be substituted for the
Guaranteeing Subsidiary with the same effect as if it had been named herein as
a Guaranteeing Subsidiary.  Such
successor Person thereupon may cause to be signed any or all of the Note
Guarantees to be endorsed upon all of the Notes issuable under the Indenture
which theretofore shall

 

3

 

not have been signed by the Issuers and
delivered to the Trustee.  All the Note
Guarantees so issued shall in all respects have the same legal rank and benefit
under the Indenture as the Note Guarantees theretofore and thereafter issued in
accordance with the terms of the Indenture as though all of such Note
Guarantees had been issued at the date of the execution hereof.

 

(c)           Except as set forth
in Articles 4 and 5 and Section 10.04 of the Indenture,
and notwithstanding clauses (a) and (b) above, nothing contained in the
Indenture or in any of the Notes shall prevent any consolidation or merger of
the Guaranteeing Subsidiary with or into the Issuers or another Guarantor, or
shall prevent any sale or conveyance of the property of the Guaranteeing
Subsidiary as an entirety or substantially as an entirety to the Issuers or another
Guarantor.

 

5.             RELEASES.

 

(a)           The Note Guarantee
of the Guaranteeing Subsidiary shall be released, and any Person acquiring
assets (including by way of merger or consolidation) or Capital Stock of the
Guaranteeing Subsidiary under those circumstances specified in the Indenture
shall not be required to assume the obligations of the Guaranteeing Subsidiary,
in each case in accordance with the provisions of Section 10.05 of the
Indenture.  The Note Guarantee of the
Guaranteeing Subsidiary shall also be released in accordance with the
provisions of Section 10.06 of the Indenture.  Upon delivery by the Issuers to the Trustee
of an Officers’ Certificate and an Opinion of Counsel stating that the
provisions of Section 10.05 or 10.06, as applicable, of the Indenture
have been complied with, the Trustee shall execute any documents reasonably
required in order to evidence the release of the Guaranteeing Subsidiary from
its obligations under this Note Guarantee.

 

(b)          The Guaranteeing
Subsidiary not released from its obligations under this Note Guarantee shall
remain liable for the full amount of principal of and interest on the Notes and
for the other obligations of any Guarantor under the Indenture as provided in Article
10 of the Indenture.

 

6.             NO RECOURSE AGAINST OTHERS.  No past, present or future director, officer,
employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, as
such, shall have any liability for any obligations of the Issuers or the
Guaranteeing Subsidiary under the Notes, this Note Guarantee, the Indenture or
this Supplemental Indenture or for any claim based on, in respect of, or by
reason of, such obligations or their creation.  Each Holder of the Notes by accepting a Note
waives and releases all such liability.  The
waiver and release are part of the consideration for issuance of the Notes.  Such waiver may not be effective to waive
liabilities under the federal securities laws and it is the view of the
Commission that such a waiver is against public policy.

 

7.             NEW YORK LAW TO GOVERN.  THE INTERNAL LAW OF THE STATE OF NEW YORK
SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE AND NOTE
GUARANTEE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO
THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE
REQUIRED THEREBY.

 

4

 

8.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each signed
copy shall be an original, but all of them together represent the same
agreement.

 

9.             EFFECT OF HEADINGS.  The Section headings herein are for
convenience only and shall not affect the construction hereof.

 

10.           THE TRUSTEE.  The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this
Supplemental Indenture or for or in respect of the recitals contained herein,
all of which recitals are made solely by the Guaranteeing Subsidiary and the
Issuers.

 

5

 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed and attested, all as of the date first above
written.

 

	
   

  	
   

  	
  GUARANTEEING SUBSIDIARY:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Woodbridge, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ISSUERS:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Realty, Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas, Inc., its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  General Counsel and

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Corporate Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Capital Corporation

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
									

 

6

 

	
   

  	
   

  	
  EXISTING GUARANTORS:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Genera  Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas LP Realty, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas, Inc., its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  General Counsel and

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Corporate Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Healthcare Properties, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas TRS, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  	
   

  
										

 

7

 

	
   

  	
   

  	
  Ventas Framingham, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Management, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ElderTrust

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ElderTrust Operating Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Capital Corp.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

8

 

	
   

  	
   

  	
  ET Sub-Berkshire Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Berkshire, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Berkshire, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Cabot ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Cleveland ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
										

 

9

 

	
   

  	
   

  	
  ET Sub-Heritage Woods, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Highgate, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET GENPAR, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Lacey I, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

10

 

	
   

  	
   

  	
  ET Sub-Lehigh Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Lehigh, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Lehigh, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Lopatcong, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Pennsburg Manor Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Pennsburg Finance, L.L.C., its

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
									

 

11

 

	
   

  	
   

  	
  ET Pennsburg Finance, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Phillipsburg I, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Pleasant View, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Rittenhouse Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

12

 

	
   

  	
   

  	
  ET Sub-Riverview Ridge Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Sanatoga Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Sanatoga, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sanatoga, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-SMOB, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

13

 

	
   

  	
   

  	
  Vernon ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Willowbrook Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Wayne I Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Wayne Finance, L.L.C., its

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Wayne Finance, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

14

 

	
   

  	
   

  	
  ET Wayne Finance, Inc.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chairman, Executive Vice

  
	
   

  	
   

  	
   

  	
   

  	
  President and Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Sun LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Cal Sun LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Provident, LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PSLT GP, LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General Counsel and Corporate Secretary

  
								

 

15

 

	
   

  	
   

  	
  PSLT OP, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By: 

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  PSLT-BLC Properties
  Holdings, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By: 

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Arizona-EM,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

16

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California-RC,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California-San

  Marcos, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

17

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Illinois-2960,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Illinois-II, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  BLC of California-San
  Marcos, L.P.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Living
  Communities of

  California-San Marcos, LLC, its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member 

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

18

 

	
   

  	
   

  	
  Brookdale Holdings, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Indiana-OL,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living Communities
  of Massachusetts-

  RB, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

19

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Minnesota, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of New York-GB,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Washington-PP,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

20

 

	
   

  	
   

  	
  The Ponds of Pembroke
  Limited Partnership

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Holdings, LLC,
  its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  River Oaks Partners

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Holdings, LLC,
  its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  PSLT-ALS Properties
  Holdings, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

21

 

	
   

  	
   

  	
  PSLT-ALS Properties I, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT- ALS Properties Holdings, LLC,
  its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

22

 

	
   

  	
   

  	
  TRUSTEE:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  U.S. Bank National Association

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert T. Jones

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name: Robert T. Jones

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Vice President

  	
   

  
								

 

23Exhibit 4.2.3

 

SUPPLEMENTAL INDENTURE

 

SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated
as of September 14, 2005, by and among ET Sub-Woodbridge, L.P., a Pennsylvania
limited partnership (the “Guaranteeing Subsidiary”),
Ventas Realty, Limited Partnership, a Delaware limited partnership, and Ventas
Capital Corporation, a Delaware corporation (collectively, the “Issuers”), the other Guarantors (as defined in the Indenture
referred to herein) and U.S. Bank National Association, as trustee under the
Indenture referred to herein (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the
Issuers have heretofore executed and delivered to the Trustee an Indenture
dated as of June 7, 2005, as supplemented by the Supplemental Indenture
dated as of June 21, 2005 (as so supplemented, the “Indenture”),
providing for the issuance of 71/8% Senior Notes due 2015
(the “Notes”);

 

WHEREAS, the
Indenture provides that under certain circumstances the Guaranteeing Subsidiary
shall execute and deliver to the Trustee a supplemental indenture pursuant to
which the Guaranteeing Subsidiary shall unconditionally guarantee all of the
Issuers’ Obligations (as defined in the Indenture) under the Notes and the
Indenture on the terms and conditions set forth herein (a “Note
Guarantee”); and

 

WHEREAS,
pursuant to Section 9.01 of the Indenture, the Trustee is authorized to
execute and deliver this Supplemental Indenture.

 

NOW THEREFORE,
in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing
Subsidiary and the Trustee mutually covenant and agree for the equal and
ratable benefit of the Holders of the Notes as follows:

 

1.                                       CAPITALIZED
TERMS.  Capitalized terms used herein
without definition shall have the meanings assigned to them in the Indenture.

 

2.                                       AGREEMENT
TO GUARANTEE.  The Guaranteeing
Subsidiary hereby agrees as follows:

 

(a)                                Subject to Article 10
of the Indenture, the Guaranteeing Subsidiary hereby, jointly and severally
with all other Guarantors, unconditionally guarantees to each Holder of a Note
authenticated and delivered by the Trustee and to the Trustee and its
successors and assigns, irrespective of the validity and enforceability of the
Indenture, the Notes or the obligations of the Issuers thereunder, that:

 

(i)                                              the
principal of, and premium and Additional Interest, if any, and interest on the
Notes will be promptly paid in full when due, whether at maturity, by
acceleration, redemption or otherwise, and interest on the overdue principal of
and interest on the Notes, if any, if lawful, and all other obligations of the
Issuers to the Holders or the Trustee hereunder or thereunder will be promptly
paid in full or performed, all in accordance with the terms hereof and thereof;
and

 

 

(ii)                                           in case of
any extension of time of payment or renewal of any Notes or any of such other
obligations, that same will be promptly paid in full when due or performed in
accordance with the terms of the extension or renewal, whether at stated
maturity, by acceleration or otherwise.

 

Failing payment when due of any amount so
guaranteed or any performance so guaranteed for whatever reason, the Guarantors
shall be jointly and severally obligated to pay the same immediately.

 

(b)                               The obligations
hereunder shall be unconditional, irrespective of the validity, regularity or
enforceability of the Notes or the Indenture, the absence of any action to
enforce the same, any waiver or consent by any Holder of the Notes with respect
to any provisions hereof or thereof, the recovery of any judgment against the
Issuers, any action to enforce the same or any other circumstance which might
otherwise constitute a legal or equitable discharge or defense of a Guarantor,
other than payment in full of all obligations under the Notes.

 

(c)                                The following is hereby
waived: diligence, presentment, demand of payment, filing of claims with a
court in the event of insolvency or bankruptcy of the Issuers, any right to
require a proceeding first against the Issuers, protest, notice and all demands
whatsoever.

 

(d)                               This Note Guarantee
shall not be discharged except by complete performance of the obligations
contained in the Notes and the Indenture, and the Guaranteeing Subsidiary hereby
accepts all obligations of a Guarantor under the Indenture.

 

(e)                                If any Holder or the
Trustee is required by any court or otherwise to return to the Issuers, the
Guarantors or any custodian, trustee, liquidator or other similar official
acting in relation to either the Issuers or the Guarantors, any amount paid by
either to the Trustee or such Holder, this Note Guarantee, to the extent
theretofore discharged, shall be reinstated in full force and effect.

 

(f)                                  The Guaranteeing
Subsidiary shall not be entitled to any right of subrogation in relation to the
Holders in respect of any obligations guaranteed hereby until payment in full
of all obligations guaranteed hereby.

 

(g)                               As between the
Guarantors, on the one hand, and the Holders and the Trustee, on the other
hand, (1) the maturity of the obligations guaranteed hereby may be
accelerated as provided in Article 6 of the Indenture for the
purposes of this Note Guarantee, notwithstanding any stay, injunction or other
prohibition preventing such acceleration in respect of the obligations
guaranteed hereby, and (2) in the event of any declaration of acceleration
of such obligations as provided in Article 6 of the Indenture, such
obligations (whether or not due and payable) shall forthwith become due and
payable by the Guarantors for the purpose of this Note Guarantee.

 

2

 

(h)                               The Guarantors shall
have the right to seek contribution from any non-paying Guarantor so long as
the exercise of such right does not impair the rights of the Holders under the
Note Guarantees.

 

(i)                                   In accordance with Section 10.02
of the Indenture, after giving effect to any maximum amount and all other
contingent and fixed liabilities that are relevant under any applicable
Bankruptcy Law or fraudulent conveyance law, and after giving effect to any
collections from, rights to receive contribution from or payments made by or on
behalf of any other Guarantor in respect of the obligations of such other
Guarantor under Article 10 of the Indenture, this Note Guarantee
shall be limited to the maximum amount permissible such that the obligations of
the Guaranteeing Subsidiary under this Note Guarantee will not constitute a
fraudulent transfer or conveyance.

 

3.                                       EXECUTION
AND DELIVERY.  The Guaranteeing
Subsidiary agrees that this Note Guarantee shall remain in full force and
effect notwithstanding any failure to endorse on each Note a notation of such
Note Guarantee.

 

4.                                           GUARANTEEING
SUBSIDIARY MAY CONSOLIDATE, ETC. ON CERTAIN TERMS.

 

(a)                                The Guaranteeing
Subsidiary may not sell or otherwise dispose of all or substantially all of its
assets to, or consolidate with or merge with or into (whether or not the
Guaranteeing Subsidiary is the surviving Person) another Person, other than the
Issuers or another Guarantor unless:

 

(i)                                 immediately after
giving effect to that transaction, no Default or Event of Default exists; and

 

(ii)                              subject to Section 10.05
of the Indenture, the Person acquiring the property in any such sale or
disposition or the Person formed by or surviving any such consolidation or
merger assumes all of the obligations of the Guaranteeing Subsidiary under the
Indenture, this Note Guarantee and the Registration Rights Agreement pursuant
to a supplemental indenture in form and substance reasonably satisfactory to
the Trustee.

 

(b)                               In case of any such
consolidation, merger, sale or conveyance and upon the assumption by the
successor Person, by supplemental indenture, executed and delivered to the
Trustee and satisfactory in form to the Trustee, of this Note Guarantee
endorsed upon the Notes and the due and punctual performance of all of the
covenants and conditions of the Indenture to be performed by the Guaranteeing
Subsidiary, such successor Person shall succeed to and be substituted for the
Guaranteeing Subsidiary with the same effect as if it had been named herein as
a Guaranteeing Subsidiary.  Such
successor Person thereupon may cause to be signed any or all of the Note
Guarantees to be endorsed upon all of the Notes issuable under the Indenture
which theretofore shall not have been signed by the Issuers and delivered to
the Trustee.  All the Note Guarantees so
issued shall in all respects have the same legal rank and benefit under the
Indenture as the Note Guarantees theretofore and thereafter issued in
accordance with the 

 

3

 

terms of the Indenture as
though all of such Note Guarantees had been issued at the date of the execution
hereof.

 

(c)                                Except as set forth in Articles
4 and 5 and Section 10.04 of the Indenture, and
notwithstanding clauses (a) and (b) above, nothing contained in the
Indenture or in any of the Notes shall prevent any consolidation or merger of
the Guaranteeing Subsidiary with or into the Issuers or another Guarantor, or
shall prevent any sale or conveyance of the property of the Guaranteeing
Subsidiary as an entirety or substantially as an entirety to the Issuers or
another Guarantor.

 

5.                                       RELEASES.

 

(a)                                The Note Guarantee of
the Guaranteeing Subsidiary shall be released, and any Person acquiring assets
(including by way of merger or consolidation) or Capital Stock of the
Guaranteeing Subsidiary under those circumstances specified in the Indenture
shall not be required to assume the obligations of the Guaranteeing Subsidiary,
in each case in accordance with the provisions of Section 10.05 of the
Indenture.  The Note Guarantee of the
Guaranteeing Subsidiary shall also be released in accordance with the
provisions of Section 10.06 of the Indenture.  Upon delivery by the Issuers to the Trustee
of an Officers’ Certificate and an Opinion of Counsel stating that the
provisions of Section 10.05 or 10.06, as applicable, of the
Indenture have been complied with, the Trustee shall execute any documents
reasonably required in order to evidence the release of the Guaranteeing
Subsidiary from its obligations under this Note Guarantee.

 

(b)                               The Guaranteeing
Subsidiary not released from its obligations under this Note Guarantee shall
remain liable for the full amount of principal of and interest on the Notes and
for the other obligations of any Guarantor under the Indenture as provided in Article 10
of the Indenture.

 

6.                                       NO
RECOURSE AGAINST OTHERS.  No past,
present or future director, officer, employee, incorporator, stockholder or
agent of the Guaranteeing Subsidiary, as such, shall have any liability for any
obligations of the Issuers or the Guaranteeing Subsidiary under the Notes, this
Note Guarantee, the Indenture or this Supplemental Indenture or for any claim
based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of the Notes by accepting a Note
waives and releases all such liability.  The
waiver and release are part of the consideration for issuance of the Notes.  Such waiver may not be effective to waive
liabilities under the federal securities laws and it is the view of the
Commission that such a waiver is against public policy.

 

7.                                       NEW
YORK LAW TO GOVERN.  THE INTERNAL LAW OF
THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL
INDENTURE AND NOTE GUARANTEE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF
CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY.

 

4

 

8.                                       COUNTERPARTS.
 The parties may sign any number of
copies of this Supplemental Indenture.  Each
signed copy shall be an original, but all of them together represent the same
agreement.

 

9.                                       EFFECT
OF HEADINGS.  The Section headings
herein are for convenience only and shall not affect the construction hereof.

 

10.                                 THE
TRUSTEE.  The Trustee shall not be
responsible in any manner whatsoever for or in respect of the validity or
sufficiency of this Supplemental Indenture or for or in respect of the recitals
contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary
and the Issuers.

 

5

 

IN WITNESS
WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written.

 

	
   

  	
   

  	
  GUARANTEEING SUBSIDIARY:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Woodbridge, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ISSUERS:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Realty, Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas, Inc., its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  General Counsel and

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Corporate Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Capital Corporation

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
									

 

6

 

	
   

  	
   

  	
  EXISTING GUARANTORS:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas LP Realty, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas, Inc., its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  General Counsel and

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
  Corporate Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Healthcare Properties, Inc.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas TRS, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President

  	
   

  
									

 

7

 

	
   

  	
   

  	
  Ventas Framingham, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Management, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ElderTrust

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ElderTrust Operating Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Capital Corp.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

8

 

	
   

  	
   

  	
  ET Sub-Berkshire Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Berkshire, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Berkshire, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Cabot ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Cleveland ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
								

 

9

 

	
   

  	
   

  	
  ET Sub-Heritage Woods, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Highgate, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET GENPAR, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Lacey I, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
								

 

10

 

	
   

  	
   

  	
  ET Sub-Lehigh Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Lehigh, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Lehigh, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Lopatcong, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Pennsburg Manor Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Pennsburg Finance, L.L.C., its

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
										

 

11

 

	
   

  	
   

  	
  ET Pennsburg Finance, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Phillipsburg I, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Pleasant View, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Rittenhouse Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
										

 

12

 

	
   

  	
   

  	
  ET Sub-Riverview Ridge Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Sanatoga Limited Partnership

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Sanatoga, LLC, its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sanatoga, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-SMOB, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
									

 

13

 

	
   

  	
   

  	
  Vernon ALF, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Willowbrook Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  GENPAR, L.L.C., its General

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partner

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust Operating Limited

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Partnership, its Sole Member

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ElderTrust, its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Sub-Wayne I Limited Partnership, L.L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  ET Wayne Finance, L.L.C., its

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ET Wayne Finance, L.L.C.

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Secretary

  	
   

  
										

 

14

 

	
   

  	
   

  	
  ET Wayne Finance, Inc.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chairman, Executive Vice

  
	
   

  	
   

  	
   

  	
   

  	
  President and Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Sun LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Cal Sun LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Ventas Provident, LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,

  
	
   

  	
   

  	
   

  	
   

  	
  General Counsel and Corporate

  
	
   

  	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  PSLT GP, LLC

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General Counsel and Corporate Secretary

  
								

 

15

 

	
   

  	
   

  	
  PSLT OP, L.P.

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By: 

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  PSLT-BLC Properties
  Holdings, LLC

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By: 

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Arizona-EM,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

16

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California-RC,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

	
   

  	
   

  	
  Brookdale Living
  Communities of California-San

  Marcos, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

17

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Illinois-2960,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Illinois-II, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties Holdings,
  LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  BLC of California-San
  Marcos, L.P.

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Living
  Communities of

  California-San Marcos, LLC, its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member 

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

18

 

	
   

  	
   

  	
  Brookdale Holdings, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Indiana-OL,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Massachusetts-

  RB, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

19

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Minnesota, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of New York-GB,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  Brookdale Living
  Communities of Washington-PP,

  LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

20

 

	
   

  	
   

  	
  The Ponds of Pembroke
  Limited Partnership

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Holdings, LLC,
  its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  River Oaks Partners

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Brookdale Holdings, LLC,
  its General

  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT-BLC Properties
  Holdings, LLC, its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

 

	
   

  	
   

  	
  PSLT-ALS Properties
  Holdings, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

21

 

	
   

  	
   

  	
  PSLT-ALS Properties I, LLC

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT- ALS Properties Holdings, LLC,
  its

  Sole Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT OP, L.P., its Sole
  Member

  
	
   

  	
   

  	
   

  	
  By:

  	
  PSLT GP, LLC, its General
  Partner

  
	
   

  	
   

  	
   

  	
  By:

  	
  Ventas Provident, LLC, its
  Sole Member

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  /s/ T. Richard Riney

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  T. Richard Riney

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President,
  General

  Counsel and Corporate Secretary

  
								

 

22

 

	
   

  	
   

  	
  TRUSTEE:

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  U.S. Bank National Association

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Robert T. Jones

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name: Robert T. Jones

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Vice President

  	
   

  
								

 

23

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]