Document:

AMENDMENT NO. 1 TO THE EMPLOYMENT
                            AGREEMENT BY AND BETWEEN
                        TRAVELNOW.COM INC AND JEFF WASSON

          This Amendment No. 1 dated as of January 1, 2000 ("Amendment No. 1")
to that certain Employment Agreement, dated October 1, 1999, (the "Agreement"),
by and between TRAVELNOW.COM INC., a Florida corporation (the "Company"), and
JEFF WASSON, has been made and entered into by and among the Company and Jeff
Wasson.

          WHEREAS, the Compensation Committee recommended to the Board of
Directors an increase in salary, effective January 1, 2000, for the remaining
term of the Agreement;

          WHEREAS, the Board of Directors approved and ratified the
recommendation;

          WHEREAS, the parties desire to modify and amend certain terms in the
Agreement;

          NOW, THEREFORE, in consideration of the foregoing premises and the
mutual covenants contained herein, and intending to be legally bound hereby, the
parties hereto agree to amend the Agreement as follows:

          Section 3. COMPENSATION; REIMBURSEMENT

          Section 3.1. Base Salary, of the Agreement shall be replaced entirely
with the following:

                    For all services rendered by Executive under this
          Agreement, the Company shall pay Executive a base salary of
          One Hundred Fifty Thousand Dollars ($150,000) per annum,
          payable bi-weekly in equal installments (the "Base Salary").
          The amount of the Base Salary may be increased at any time
          and from time to time by the Board of Directors of the
          Company, and shall be adjusted annually to reflect changes
          in the Consumer Price Index for the statistical area in
          which the residence of Executive is located. No such change
          shall in any way abrogate, alter, terminate or otherwise
          affect the other terms of this Agreement.

          Section 2. Defined Terms. All capitalized terms not defined herein
shall have the meanings assigned to them in the Agreement.

          Section 3. Counterparts. This Amendment No. 1 may be executed in one
or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same agreement.

<PAGE>

          Section 4. Governing Law. This Amendment No. 1 shall be governed by,
and construed in accordance with, the laws of the State of Missouri without
regard to its laws or regulations relating to conflicts of laws.

          Section 5. Entire Agreement. This Amendment No. 1 together with the
Agreement, embodies the entire agreement and understanding between the parties
hereto with respect to the subject matter hereof and supersedes all other prior
agreements and understandings relating thereto.

          IN WITNESS WHEREOF, the parties have caused this Amendment No. 1 to be
executed as of the date first above written.

                                            EXECUTIVE

                                            By: /s/ Jeff Wasson
                                            -------------------
                                            Name: Jeff Wasson
                                            Title: Co-Chief Executive Officer

                                            TRAVELNOW.COM INC.

                                            By: /s/ John Christopher Noble
                                            ------------------------------
                                            Name: John Christopher Noble
                                            Title: Co-Chief Executive OfficerEXHIBIT 10.1

 CORNERSTONE {industrial properties income and growth fund I} [realty FUND], LLC

                                ESCROW AGREEMENT
                                ----------------

         This Escrow  Agreement  ("Agreement")  is entered into  ____________  ,
{1999}  [2000] by and among  Southern  California  Bank  (the  "Escrow  Agent"),
Cornerstone {Industrial Properties Income and Growth Fund I} [Realty Fund], LLC,
a California  limited  liability  company (the "Fund") and {Pacific  Cornerstone
Financial   Incorporated}   [Private  Equity  Investors   Group],  a  California
corporation (the "Dealer Manager").

                                 R E C I T A L S
                                 ---------------

         A. The Fund  proposes  to offer up to  {$20,000,000}  [$50,000,000]  of
limited liability company units ("Units") in the Fund,  pursuant to a Prospectus
dated ____________ , {1999} [2000], as amended or supplemented from time to time
(the "Prospectus"), with a minimum investment required of five Units at $500 per
Unit (or two Units at $500 per Unit for tax-qualified retirement plans).

         B. The Dealer  Manager  and others  (collectively,  the  "Participating
Brokers")  have been  named as  Participating  Brokers  in  connection  with the
proposed  offering  of the Units and are  entitled  to certain  commissions  and
selling expense  allowances set forth in those certain selling  agreements among
the  Fund,  the  Participating  Brokers  and the  Managing  Member  of the Fund,
Cornerstone Industrial  Properties,  LLC, a California limited liability company
("Managing Member").

         C. In compliance  with the Prospectus and each Selling  Agreement,  the
Fund  proposes  to  establish  an escrow  fund with the  Escrow  Agent  [for the
offering  proceeds  received  prior to the Initial  Closing  Date (as  hereafter
defined).

         D.       If]{.

         D. The  offering of Units will  terminate no later than  _________  __,
2001  (the  "Offering  Termination  Date")  and if}  subscriptions  for at least
$3,000,000  are not accepted by the Fund prior to  _______________,  {2000 (the}
[2001(the]  "Minimum Offering  Termination  Date"), no Units in the Fund will be
sold.

         E.       The  Escrow  Agent  has   agreed  to  act  as  escrow agent in
 connection with the proposed offering.

                                A G R E E M E N T
                                -----------------

         It is agreed as follows:

                                       1
<PAGE>

        1.   Incorporation  of  Recitals  and General  Provisions.  The recitals
     -------------------------------------------------
set forth above and the General Provisions  attached hereto as Exhibit "A" shall
constitute and shall be deemed to be an integral part of this Agreement.

        2.   Escrow.
             -----

            2.1  Escrow  Agent.  For a period commencing on the date hereof  and
                 -------------
terminating 15 days after the [Minimum]  Offering  Termination  Date, the Escrow
Agent shall act as an escrow  agent and shall  receive and disburse the proceeds
from the sale of the Units in accordance with the terms of this  Agreement.  The
Escrow  Agent  hereby   represents   and  warrants  to  each   {Selling   Agent}
[Participating  Broker]  that it is a "Bank" as such term is  defined in Section
3(a)(6) of the Securities Exchange Act of 1934, as amended (the "Act").

            2.2 Escrow  Account.  Commencing  on the date  hereof,  the  parties
                ---------------
shall  establish an  interest-bearing  escrow account with the Escrow Agent (the
"Escrow Account").  The Participating  Brokers will instruct subscribers to make
checks for  subscriptions of Units payable to the order of the Escrow Agent. Any
checks  received  that are made  payable to a party other than the Escrow  Agent
shall be returned to the {Selling  Agent}  [Participating  Broker] who submitted
the check.

     3.  Deposits into the Escrow  Account.  Proceeds from  the  sale  of  Units
         --------------------------------
(the  "Proceeds")  shall be received by the Escrow Agent from the  Participating
Brokers and deposited promptly in the Escrow Account;  provided,  however,  that
Proceeds  received  by the Escrow  Agent  within 48 hours  prior to a  scheduled
Initial or Additional  Closing Date (as hereinafter  defined) may be held by the
Escrow Agent until such  closing (but not longer than 48 hours) and,  upon joint
instruction of the Managing  Member and the Dealer Manager,  deposited  directly
into the Fund's account or returned to the subscriber(s).

     4. Subscriber Information.  Each{Selling Agent}[ParticipatinG Broker] shall
        ----------------------
provide  the Escrow  Agent with the name,  address,  social  security  number or
taxpayer  identification  number,  and  the  amount  to be  deposited  for  each
subscriber whose funds are deposited with the Escrow Agent pursuant to Section 2
hereof. Such {SELLING AGENT} [PARTICIPATING BROKER] broker shall also notify the
Escrow Agent if a properly  executed U.S.  Treasury  Department Form W-9 has not
been received  from any  subscriber  whose funds are  deposited  with the Escrow
Agent.

     5.  Investment of Proceeds.  The   Escrow  Agent  shall invest all Proceeds
         ----------------------
deposited with it hereunder as directed by the Fund, in (i) Bank accounts,  (ii)
Bank money-market  accounts,  (iii) short-term  certificates of deposit of Banks
located in the United States, or (iv) short-term securities issued or guaranteed
by the U.S.  government.  The term  "Bank" is defined in Section  3(a)(6) of the
Act. Such investments  shall be made in a manner consistent with the requirement
that the  Proceeds be  available  for  delivery by the Escrow Agent at the times
described  herein.  After any  reductions  made in  accordance  with  Section 11
hereof, income received from investment of the Proceeds shall be credited to the
subscribers  in  proportion  to the  amounts  deposited  with  respect  to  each
subscriber  and in proportion to the number of days the collected  Proceeds from
each  subscriber are held in the Escrow  Account.  Pursuant to the provisions of
this Agreement,  Escrow Agent shall disburse all income earned (less any amounts
required to be withheld by the Escrow Agent under the applicable  federal income
tax laws)  directly to the Fund with respect to the  Proceeds,  and the Managing
Member shall determine and disburse to each subscriber his or her  proportionate
share of such income  computed as provided  above.  The Fund is aware that there

                                       2
<PAGE>

may be a  forfeiture  of  interest  in the  event  of early  withdrawal  from an
interest bearing account of investment.

         6. Initial  Closing Date.  The term  "Qualifying  Subscriptions"  shall
            ---------------------
refer to all  subscriptions  which have been received by the Managing Member and
which the  Managing  Member  intends  to accept  into the  Fund.  If  Qualifying
Subscriptions  have been received for at least  $3,000,000 of Units on or before
the Minimum  Offering  Termination  Date,  the Managing  Member shall notify the
Escrow Agent and by instructions (which may accompany such notice or be provided
subsequently)  given at least 2 business  days in  advance,  shall  specify  the
"Initial  Closing  Date"  (which must be not more than 10 days after the Minimum
Offering  Termination Date), the approximate amount of Qualifying  Subscriptions
for the Fund to be accepted as of such Initial Closing Date, the identity of the
subscribers whose subscriptions are anticipated to be accepted as of the Initial
Closing Date, and the approximate  amount of the Proceeds to be paid to the Fund
and to each {Selling Agent} [Participating Broker], respectively. On the Initial
Closing Date, the Escrow Agent,  upon telephonic notice from the Managing Member
and the Dealer Manager that all contingencies for payment have been satisfied as
required by Rule 15c2-4 under the Act (which  notice the  Managing  Member shall
promptly  confirm in  writing)  shall pay to the Fund and each  {Selling  Agent}
[Participating   Broker]  the  amounts  specified  by  such  notice,  and  shall
additionally  pay  to  the  Fund  the  interest  earned  on  such  Proceeds  for
disbursement to subscribers pursuant to Section 5 hereof.

         7{. 7. Additional Closing Dates. Thereafter, from time to time prior to
the Offering  Termination  Date, the Managing Member may notify the Escrow Agent
and, by instructions  given at least 2 business days in advance of each, specify
Additional Closing Dates, the approximate amount of Qualifying Subscriptions for
such Fund to be accepted as of each Additional Closing Date, the identity of the
Subscribers  whose  subscriptions  are  anticipated  to be  accepted  as of each
Additional  Closing Date, and the approximate  amount of the Proceeds to be paid
to the  Fund  and to the  Participating  Brokers,  respectively.  On  each  such
Additional  Closing Date,  the Escrow  Agent,  upon  telephonic  notice from the
Managing Member and the Dealer Manager that all  contingencies  for payment have
been  satisfied  as  required  by Rule  15c2-4  under the Act (which  notice the
Managing  Member  promptly  shall confirm in writing)  shall pay to the Fund and
each Selling Agent the amounts specified by such notice,  and shall additionally
pay to the Fund the interest  earned on such  Proceeds for  disbursement  to the
subscribers pursuant to Section 5 hereof.

         8}. Rejected  Subscriptions.  From time to time, upon instructions from
             -----------------------
the Managing Member identifying those subscribers whose  subscriptions have been
rejected,  the  Escrow  Agent  shall  return  such funds to the  subscribers  so
identified with such interest as has been credited to them pursuant to Section 5
hereof.  If the Managing  Member rejects any  subscription  for which the Escrow
Agent has already  collected  funds,  the Escrow  Agent shall  promptly  issue a
refund check to the rejected  subscriber.  If the  Managing  Member  rejects any
subscription  for which the  Escrow  Agent has not yet  collected  funds but has
submitted the subscriber's check for collection, the Escrow Agent shall promptly
issue a check in the amount of the subscriber's check to the rejected subscriber
after the Escrow Agent has cleared  such funds.  If the Escrow Agent has not yet
submitted a rejected  subscriber's check for collection,  the Escrow Agent shall
promptly remit the subscriber's check directly to the subscriber.

         {9}  [8].   Failure  to  Meet  Minimum   Subscription.   If  Qualifying
                     -----------------------------------------
Subscriptions  for at least  $3,000,000  of Units have not been  received by the
Minimum Offering Termination Date, then the Escrow Agent, upon instructions from
the Managing  Member,  shall promptly return all collected funds and uncollected

                                       4
<PAGE>

checks and other instruments to the subscribers,  with such interest as has been
credited  to them  pursuant to Section 5 hereof.  Prior to the  Initial  Closing
Date,  the Fund is aware and  understands  that it is not  entitled to any funds
received into escrow and no amounts deposited in the Escrow Account shall become
the property of the Fund or any other entity,  or be subject to the debts of the
Fund or any other entity.

         {10} [9].   Notice of Extension or Termination of Offering.  Upon final

termination of the offering,  the Managing  Member shall instruct  Escrow  Agent
pursuant to Section 6 as to the  disposition of any remaining funds and interest
thereon.

         {11} [10].  Fees.  The Escrow Agent,  for services  rendered under this
                     ----
Agreement,  shall receive a fee as set forth on Exhibit "B" hereto.  The fees of
the Escrow Agent shall be {deducted  from the aggregate  interest  earned on the
Proceeds of the subscribers whose subscriptions are accepted} [paid by the Fund.
If  Qualifying  Subscriptions  for at least  $3,000,000  of Units  have not been
received by the Minimum Offering  Termination  Date, then the fees of the Escrow
Agent shall be paid] by the Managing  Member  {prior to  crediting  the interest
earned to such subscribers  pursuant to Section 5, and the Managing Member shall
pay on demand any unpaid portion of the Escrow Agent's fees}.  In no event shall
the fees of the Escrow Agent be deducted  from or otherwise  offset  against the
Proceeds (or interest earned thereon) of subscribers  {whose  subscriptions  are
not accepted by the Managing Member.}[.]

         {12} [11]. Resignation. The Escrow Agent shall have the right to resign
                    -----------
at any time and be  discharged  from its  duties as escrow  agent  hereunder  by
giving  the  Fund at least  30 days  prior  written  notice  thereof;  provided,
however,  that if the  Escrow  Agent  shall  exercise  its right of  resignation
hereunder,  it shall receive as its fee for services  rendered as escrow agent a
fee as provided in Section {11} [10] hereof.

         {13} [12]. Duties and Responsibilities  of  Escrow  Agent.   The Escrow
                    ----------------------------------------------
Agent shall have no duties or responsibilities other than those set forth herein
and shall:

                  (a) Be under no duty to enforce  payment of  any subscription
which is to be paid to and held by it hereunder;

                  (b) Be  under  no duty to  accept  funds,  checks,  drafts  or
instruments  for the payment of money from anyone  other than the  Participating
Brokers or the  Managing  Member or to give any receipt  therefor  except to the
Participating Brokers or the Managing Member;

                  (c)  Be  protected   in  acting  upon  any  notice,   request,
certificate,  approval,  consent or other  paper  believed  by it to be genuine,
signed by the proper party or parties and in  accordance  with the terms of this
Agreement;

                  (d) Be deemed  conclusively  to have given and  delivered  any
notice  required to be given or  delivered  hereunder if the same is in writing,
signed by any one of its  authorized  officers  and  mailed,  by  registered  or
certified  mail,  in a sealed  postpaid  wrapper,  addressed  to the Fund at the
following address:

                           Cornerstone  [Realty  Fund]  {Industrial Properties
                           Income and Growth Fund I}, LLC
                           4590 MacArthur Blvd.
                           Suite 610
                           Newport Beach, CA  92660

                                       4
<PAGE>
                  (e) Be  indemnified  and held harmless by the Managing  Member
from  any and all  claims  made  against  it  (including  claims  regarding  the
disbursement  of  funds),  or any and all  expenses  incurred  by it  (including
reasonable  attorneys'  fees),  by reason of its  acting  or  failing  to act in
connection with any of the transactions contemplated hereby and against any loss
it may sustain in carrying out the terms of this Agreement,  except such claims,
expenses or losses which are occasioned by its bad faith,  negligence or willful
misconduct; and

                  (f) Not be liable for any forgeries or impersonations concern-
ing any documents to be handled by it.

         {14} [13]. Disputes. If the Managing Member, the Participating Brokers,
or anyone else,  disagree on any matter  connected with this escrow,  (i) Escrow
Agent  will not have to settle  the  matter,  (ii)  Escrow  Agent may wait for a
settlement  by  appropriate  legal  proceedings  or other means Escrow Agent may
require,  and in such event  Escrow  Agent will not be liable  for  interest  or
damage, (iii) Escrow Agent will be entitled to such reasonable  compensation for
services,  costs  and  attorneys'  fees as a court  may  award if  Escrow  Agent
intervenes  in or is made a party to any legal  proceedings,  (iv) Escrow  Agent
shall be entitled to hold  documents and funds  deposited in this escrow pending
settlement of the  disagreement by any of the above means,  and (v) Escrow Agent
shall be entitled  to file an  interpleader  action and deposit any  Proceeds or
property with an appropriate court.

         {15} [14].        No Legal Advice.  This transaction is an escrow   and
Escrow Agent is an escrow  holder only and as escrow holder Escrow Agent may not
give legal advice as to any conditions or requirements in this escrow.

         {16} [15].  Notices to Escrow Agent.  Any written notice required to be
given or delivered to the Escrow  Agent shall be deemed  conclusively  given and
delivered  hereunder if the written notice is mailed, by registered or certified
mail, in a sealed postpaid wrapper, addressed as follows:

                           Southern California Bank
                           4100 Newport Place
                           Suite 130
                           Newport Beach, CA  92660
                           Attn:  Gloria Garriott

           {17} [16]. Instructions; Copies of Notices. Any instructions or other
                      ------------
communications to the Escrow Agent provided for herein shall be in writing,  but
may be in telegraphic or telex form if promptly  confirmed in writing. A copy of
this Agreement,  or any amendment or addendum  hereto,  or closing  statement or
document  deposited  in this escrow  shall be furnished by Escrow Agent to those
persons outside of this escrow designated from time to time by the Fund.

                                       5
<PAGE>

           {18} [17]. Payments. All disbursements from the escrow account  shall
                    --------
be made to the  party  concerned,  by  Escrow  Agent's  cashier's  check to such
party's order or to deposit to such party's bank account. All checks, documents,
and  correspondence  shall be mailed to such party at the  address  given by the
Managing Member.

           {19} [18]. Miscellaneous.  Nothing in this Agreement is intended to
                      ------------
or shall confer upon anyone other than the parties hereto any legal or equitable
right, remedy or claim. This Agreement shall be construed in accordance with the
laws of the State of California and may be modified only in writing.

         IN WITNESS  WHEREOF,  the undersigned  have caused this Agreement to be
executed on the day and year first hereinabove written.

               CORNERSTONE [REALTY FUND] {INDUSTRIAL PROPERTIES
               INCOME AND GROWTH FUND I}, LLC,
               a California limited liability company

                       By:      CORNERSTONE INDUSTRIAL PROPERTIES, LLC,
                                a California limited liability company

                                By:      CORNERSTONE VENTURES, INC.,
                                         its Operating Partner

                                         By:     /s/ TERRY G ROUSSEL
                                             ---------------------------------
                                                  Terry G. Roussel, President

                                       6
<PAGE>

{PACIFIC CORNERSTONE FINANCIAL INCORPORATED} [PRIVATE EQUITY INVESTORS GROUP],
       a California corporation

       By:
            --------------------------------------------------
           {Terry G. Roussel} [Leonard Robbins], President

ACKNOWLEDGED AND AGREED

SOUTHERN CALIFORNIA BANK

By:
    -----------------------------

                                      -6-
<PAGE>

                               GENERAL PROVISIONS

DEPOSITS  - All funds  received  in escrow  shall be  deposited  in an  interest
--------
bearing escrow account of Southern California Bank.

RESPONSIBILITY FOR DEPOSITED PROPERTY - Escrow Agent is not a party to, or bound
-------------------------------------
by, any  provisions  contained in any agreements  which may be deposited  under,
evidenced by, or arise out of these instructions, and with respect thereto, acts
as a depository only and is not  responsible or liable in any manner  whatsoever
for the sufficiency,  correctness,  genuineness,  or validity of any Property or
with  respect  to the form or  execution  of any  agreements,  or the  identity,
authority or right of any person executing or depositing any property herein.

DEFAULTS - Escrow  Agent  shall not be required to take or be bound by notice of
--------
any default of any person,  including any Principal,  or to take any action with
respect to such  default  whether or not such  action  involves  any  expense or
liability. These instructions shall not be subject to modification or rescission
except  upon  receipt  by Escrow  Agent (at the office  named  above) of written
instructions from each of the Principals or their successors in interest, and no
such rescission or modification shall be effective unless and until consented to
by Escrow Agent in writing.

NOTICES - Principals hereby indemnify and hold Escrow Agent harmless against any
-------
loss, liability,  damage, cost or expense, including reasonable attorneys' fees,
(a)  related  in any way to Escrow  Agent's  acting  upon any  notice,  request,
waiver, consent,  receipt or other paper or document believed by Escrow Agent to
be  signed by  Principals  or any  other  proper  person,  and (b)  incurred  in
connection with any act or thing done hereunder.

EXERCISE  OF  JUDGMENT  - Escrow  Agent  shell  not be  liable  for any error of
----------------------
judgment or for any act done or step taken or omitted by it in good faith or for
any mistake of fact or law or for anything  which Escrow Agent may do or refrain
from doing in connection  herewith,  except its own gross  negligence or willful
misconduct.  Escrow Agent shall have duties only to Principals, and no person or
entity shall be deemed a third party beneficiary of these instructions.

COUNSEL - Escrow  Agent  may  consult  with  legal  counsel  in the event of any
-------
dispute or  question  as to the  construction  of these  instructions  or Escrow
Agent's duties  thereunder,  and Escrow Agent shall incur no liability and shall
be fully protected in acting in accordance with the opinion and  instructions of
counsel,

DISAGREEMENTS - In the event of any disagreement between the Principals,  or any
-------------
of  them  or any  other  person  or  persons  whether  or  not  named  in  these
instructions,  and adverse claims or demands are made in connection  with or for
any of the  Property,  Escrow Agent shall be entitled at its option to refuse to
comply  with  any  such  claim  or  demand  so long as such  disagreement  shall
continue,  and in so doing,  Escrow  Agent  shall not be or  become  liable  for
damages or interest to the Principals, or any of them, or to any other person or
persons for Escrow Agent's failure or refusal to comply with such conflicting or
adverse  claims or  demands.  Escrow  Agent  shall be entitled to continue so to
refrain and refuse so to act until:

                                      A-1
<PAGE>

         a. the rights of the adverse claimants have been fully adjudicated in a
court assuming and having jurisdiction of the claimants and the Property; or

         b. all  differences  shall have been adjusted by agreement,  and Escrow
Agent  shall have been  notified  thereof in  writing by all  persons  deemed by
Escrow Agent, in its sole discretion, to have an interest therein.

In  addition,  Escrow  Agent,  in its  sole  discretion,  may  file  a  suit  in
interpleader  for the purpose of having the  respective  rights of all claimants
adjudicated,  and may deposit  with the court all of the  Property  deposited in
escrow;  and the Principals  agree to pay all costs and counsel fees incurred by
Escrow Agent in such action,  such costs and fees to be included in the judgment
in any such action.

INDEMNITY - In consideration of this appointment by Escrow Agent, the Principals
---------
agree to indemnify and hold Escrow Agent  harmless as to any liability  incurred
by Escrow  Agent to any  person,  firm or  corporation  by reason of its  having
accepted  same or in  carrying  out any of the terms  hereof,  and to  reimburse
Escrow Agent for all its expenses,  including  among other things,  counsel fees
and court costs  incurred by reason of its position or actions taken pursuant to
these Escrow  Instructions.  The  Principals  hereby agree that the Escrow Agent
shall  not be  liable  to any of them  for any  actions  taken by  Escrow  Agent
pursuant to the terms hereof.

COURT ORDERS - Escrow Agent is hereby authorized,  in its exclusive  discretion,
------------
to obey and comply with all writs,  orders,  judgments or decrees  issued by any
court or administrative agency affecting any money,  documents or things held by
Escrow  Agent,  Escrow  Agent shall not be liable to any of the parties  hereto,
their successors,  heirs or personal representatives by reason of Escrow Agent's
compliance with such writ, order,  judgment or decree,  notwithstanding  if such
writ,  order,  judgment  or decree  is later  reversed,  modified,  set aside or
vacated.

ATTORNEY'S  FEES - If any  action be  brought  to  interpret  or  enforce  these
-----------------
instructions, or any part thereof, the Principals jointly and severally agree to
pay to Escrow Agent all Escrow Agent's attorney fees,  accounting fees,  special
and extra service fees and other costs related to such action.

CANCELLATION  - In the event the escrow  established  hereby is  cancelled,  the
------------
Principals  jointly and severally shall nevertheless pay to the Escrow Agent the
initial fee  together  with all costs end  expenses of Escrow  Agent,  including
attorney fees.  Notwithstanding  anything in these instructions to the contrary,
Escrow Agent may, in its sole  discretion,  upon ten (10) days written notice to
any of the  Principals,  resign  as  Escrow  Agent  and  shall  be  entitled  to
reimbursement  for  those  costs  and  expenses  incurred  to the  date  of such
resignation. Upon cancellation by the Principals or resignation by Escrow Agent,
after  deducting  Escrow  Agent's fees,  costs and expenses,  the balance of any
funds or Property shall be returned to the respective  Principals who shall have
deposited same.

FEES AND CHARGES - In the event that (a) Escrow Agent  performs any services not
----------------
specifically  provided for herein or (b) there is an assignment or attachment of
any  interest  in the  subject  matter of the escrow  established  hereby or any
modification thereof, or (c) any dispute or controversy arises hereunder, or (d)
Escrow Agent is named a party to, or intervenes in, any litigation pertaining to
this escrow or the subject matter  thereof,  Escrow Agent shall,  in addition to
fees and charges for ordinary services, be reasonably  compensated therefore and
reimbursed for all costs and expenses,  including  attorneys'  fees,  occasioned
thereby.  Escrow  Agent  shall  have a  first  lien  on the  Property  for  such
compensation and expenses, and the Principals agree jointly and severally to pay
the same for its ordinary services hereunder.

                                      A-2
<PAGE>

Escrow  Agent  shall  be  entitled  to an  initial,  non-refundable  set-up  fee
("initial fee") of $1,500.00,  payable concurrently with its acceptance,  and to
additional  compensation for wire fees, messenger fees, $250.00 yearly hold-open
fee (due if escrow open over 1 year from the date of these instructions), and/or
any other  reasonable and necessary  out-of-pocket  expenses  incurred by Escrow
Agent.

The  Principals  understand  that  Escrow  Agent will  charge  additional  fees,
including  premium  hourly fees, for any services  performed  according to these
Escrow  Instructions,  or any  modification  or  any  service  not  specifically
provided therein,  that involve  concerted  effort,  employees working overtime,
expedited handling of any aspect of the Escrow, or other similar services.

SIGNATURES - These  instructions may be executed in counterparts,  each of which
----------
so  executed  shall  be  deemed  as  original,  irrespective  of the date of its
execution and delivery,  and said counterparts together shall constitute one and
the same instrument.

                                      A-3
<PAGE>

                            SOUTHERN CALIFORNIA BANK

                                SCHEDULE OF FEES

                                       FOR

              CORNERSTONE {INDUSTRIAL PROPERTIES INCOME AND GROWTH
                           FUND I} [REALTY FUND], LLC

Acceptance Fee (Non-Refundable)......................................$1,500.00

Additional Escrow Fees of $1.00 per $1,000.00 subscription funds
   as received in escrow in excess of $1,500,000.00.{********}
Yearly Hold-Open Fee (due if escrow open over 1 year from
the date of these instructions)......................................$ 250.00

Wire fee, per wire...................................................$  25.00

Disbursement fee, per check..........................................$  15.00

Reasonable and customary charges for unscheduled  services,  including messenger
fees, federal express  charges  or  other out-of pocket expense..........various

{********When subscription funds reach $10,000,000, theadditional escrow fee  of
$1.00 per $1000.00 of fund deposited in escrow shall be waived.}

                                      A-4
<PAGE>

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