Document:

Exhibit 4.1

 

	
6.875% SERIES C   CUMULATIVE REDEEMABLE
    	
CUSIP   85254J 409
    
	
PREFERRED STOCK   (LIQUIDATION PREFERENCE $25.00 PER SHARE)
    	
SEE   REVERSE FOR CERTAIN
    
	
No.
    	
DEFINITIONS   AND A STATEMENT AS TO THE
    
	
 
    	
RIGHTS, PREFERENCES, PRIVILEGES AND
    
	
 
    	
RESTRICTIONS ON SHARES
    

 

STAG INDUSTRIAL, INC.

 

INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND

 

This Certifies that                                  is the owner of                     fully paid and non-assessable Shares of  6.875% Series C Cumulative Redeemable Preferred Stock, par value $0.01 per share, of STAG Industrial, Inc. transferable only on the books of the Corporation by the holder hereof in person or by duly authorized attorney upon surrender of this Certificate properly endorsed.  This Certificate and the shares represented hereby are issued and shall be subject to all of the provisions of the Corporation’s charter, as amended, and bylaws, as amended.  This Certificate is not valid until countersigned and registered by the Transfer Agent and Registrar.

 

IN WITNESS WHEREOF, the said Corporation has caused this Certificate to be signed by its duly authorized officers and to be sealed with the Seal of the Corporation.

 

	
Dated:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
Authorized Signatures:
    	
 
    	
 
    	
[Seal]
    	
 
    
	
 
    	
Jeffrey M. Sullivan,   Secretary
    	
 
    	
Benjamin S. Butcher,   President
    
	
 
    	
 
    
	
Countersigned and   Registered:
    	
 
    
	
 
    	
 
    
	
 
    	
Transfer Agent and   Registrar
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    	
 
    
	
 
    	
Authorized Signature
    	
 
    
								

 

 

[REVERSE SIDE OF CERTIFICATE]

 

The Corporation will furnish to any stockholder, on request and without charge, a full statement of the information required by Section 2-211(b) of the Corporations and Associations Article of the Annotated Code of Maryland with respect to the designations and any preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of the shares of each class of stock which the Corporation has authority to issue and (i) the differences in the relative rights and preferences between the shares of each series to the extent that they have been set and (ii) the authority of the board of directors of the Corporation to set the relative rights and preferences of subsequent series. The following summary does not purport to be complete and is subject to and qualified in its entirety by reference to the charter of the Corporation, as may be amended from time to time.

 

The shares represented by this certificate are subject to restrictions on Beneficial and Constructive Ownership and Transfer for the purpose, among others, of the Corporation’s maintenance of its status as a Real Estate Investment Trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Code”). Subject to certain further restrictions and except as expressly provided in the Corporation’s charter, (i) (a) no Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own shares of Series C Preferred Stock, taking into account any other Capital Stock Beneficially or Constructively Owned by such Person, in excess of the Aggregate Stock Ownership Limit, (b) no Person, other than an Excepted Holder, shall Beneficially Own or Constructively Own shares of Series C Preferred Stock in excess of the Series C Ownership Limit and (c) no Excepted Holder shall Beneficially Own or Constructively Own shares of Series C Preferred Stock in excess of the Excepted Holder Limit for such Excepted Holder; (ii) no Person shall Beneficially Own or Constructively Own shares of Series C Preferred Stock, taking into account any other Capital Stock Beneficially or Constructively Owned by such Person, to the extent that such Beneficial Ownership or Constructive Ownership of Series C Preferred Stock would result in the Corporation (a) being “closely held” within the meaning of Section 856(h) of the Code (without regard to whether the ownership interest is held during the last half of a taxable year) or (b) being treated as a “pension held REIT” within the meaning of Section 856(h)(3)(D) of the Code (without regard to whether the ownership interest is held during the last half of a taxable year); (iii) no person shall Transfer shares of Series C Preferred Stock to the extent such Transfer would result in the Capital Stock being beneficially owned by fewer than one hundred (100) Persons (determined under the principles of Section 856(a)(5) of the Code); (iv) no Person shall Beneficially Own or Constructively Own shares of Series C Preferred Stock, taking into account any other Capital Stock Beneficially or Constructively Owned by such Person, to the extent such Beneficial Ownership or Constructive Ownership would cause the Corporation to Constructively Own ten percent (10%) or more of the ownership interests in a tenant of the Corporation’s real property within the meaning of Section 856(d)(2)(B) of the Code; (v) no Person shall Beneficially Own or Constructively Own shares of Series C Preferred Stock, taking into account any other Capital Stock Beneficially or Constructively Owned by such Person, to the extent that such ownership would cause any independent contractor of the Corporation to not be treated as such under Section 856(d)(3) of the Code; and (vi) no Person shall Beneficially Own or Constructively Own shares of Series C Preferred Stock, taking into account any other Capital Stock Beneficially or Constructively Owned by such Person, to the extent such Beneficial Ownership or Constructive Ownership would otherwise cause the Corporation to fail to qualify as a REIT.

 

Any Person who Beneficially Owns or Constructively Owns (or attempts to Beneficially Own or Constructively Own) shares of Series C Preferred Stock which causes or will cause a Person to Beneficially Own or Constructively Own shares of Series C Preferred Stock in excess or in violation of the above limitations must immediately notify the Corporation (or in the case of an attempted transaction, to provide the corporation with at least 15 days’ prior written notice). If any of the restrictions on transfer or ownership are violated, the shares of Series C Preferred Stock in excess or in violation will be automatically transferred to a Trustee of a Charitable Trust for the benefit of one or more Charitable Beneficiaries. In addition, the Corporation may redeem shares upon the terms and conditions specified by the Board of Directors in its sole discretion if the Board of Directors determines that ownership or a Transfer or other event may violate the restrictions described above. Furthermore, upon the occurrence of certain events, attempted Transfers in violation of the restrictions described above may be void ab initio. All capitalized terms in this legend have the meanings defined in the charter of the Corporation, as the same may be amended from time to time, a copy of which, including the restrictions on transfer and ownership, will be furnished to each holder of Series C Preferred Stock of the Corporation on request and without charge. Requests for such a copy may be directed to the Secretary of the Corporation at its principal office.

 

The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations:

 

	
 
    	
 
    	
 
    	
UNIF   GIFT MIN ACT —
    	
 
    
	
TEN   COM
    	
—-
    	
as   tenants in common
    	
 
    	
  Custodian
    	
 
    	
 
    
	
TEN   ENT
    	
—-
    	
as   tenants by the entireties
    	
(Cust)
    	
(Minor)
    
	
JT   TEN
    	
—-
    	
as   joint tenants with right of
    	
under   Uniform Gifts to Minors
    	
 
    
	
 
    	
 
    	
survivorship   and not as tenants
    	
 
    	
Act
    	
 
    	
 
    
	
 
    	
 
    	
in   common
    	
 
    	
(State)
    	
 
    
													

 

For value received,                    hereby sells, assigns and transfers unto            (Please insert social security or other identifying number of assignee)                                                                     (Please print or typewrite name and address, including zip code, of assignee)                              Shares represented by the within Certificate, and does hereby irrevocably constitute and appoint                                Attorney to transfer the said shares on the books of the within named Corporation with full power of substitution in the premises.

 

	
Dated
    	
 
    	
 
    	
X
    	
 
    
	
 
    	
NOTICE:  The   signature to this assignment must correspond with the name as written upon   the face of the certificate in every particular, without alteration or enlargement   or any change whatever.
    
	
SIGNATURE(S) GUARANTEED
    	
 
    
	
 
    	
THE   SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION   (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH   MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM) PURSUANT TO   S.E.C. RULE 17-Ad.Exhibit 10.1

 

SIXTH AMENDMENT TO 

SINGLE FAMILY HOMES REAL ESTATE PURCHASE
AND SALE AGREEMENT

 

THIS SIXTH AMENDMENT TO SINGLE FAMILY HOMES
REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Sixth Amendment”) is made as of March 4, 2016 between
RED DOOR HOUSING, LLC, a Texas limited liability company (“Seller”) and REVEN HOUSING TEXAS, LLC, a Delaware
limited liability company (“Buyer”) with reference to the following recitals:

 

RECITALS

 

A.Seller and Buyer entered into that certain Single
Family Homes Real Estate Purchase and Sale Agreement dated as of September 26, 2014, pursuant to which Seller agreed to sell to
Buyer and Buyer agreed to purchase from Seller, 100 single family homes in the State of Texas, as amended by that certain First
Amendment to Single Family Homes Real Estate Purchase and Sale Agreement dated as of January 26, 2015, that certain Second Amendment
to Single Family Homes Real Estate Purchase and Sale Agreement dated as of May 11, 2015, that certain Third Amendment to Single
Family Homes Real Estate Purchase and Sale Agreement dated as of August 12, 2015, that certain Fourth Amendment to Single Family
Homes Real Estate Purchase and Sale Agreement dated as of September 23, 2015, and that certain Fifth Amendment to Single Family
Homes Real Estate Purchase and Sale Agreement dated as of December 29, 2015 (as amended, the “Agreement”).

 

B.Seller and Buyer desire to amend the
Agreement in accordance with the terms of this Sixth Amendment.

 

NOW THEREFORE, in consideration of the mutual
agreements herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
Buyer and Seller hereby agree as follows:

 

AGREEMENT

 

		1.	Definitions. Capitalized terms used herein and not otherwise defined shall have the meanings given to such terms in
the Agreement.

 

		2.	Due Diligence Period. The Due Diligence Period pursuant to the Basic Terms of the Agreement is hereby deleted in its
entirety and amended to read as follows:

 

“Due Diligence Period:
Subject to the “Acceleration of the Due Diligence Period and Closing Date” provision in the Basic Terms and Section
7 below, the period commencing on the Effective Date and ending on April 30, 2016.”

 

     

     

    

 

		3.	Basic Terms. The Acceleration of the Due Diligence Period and Closing Date pursuant to the
Basic Terms of the Agreement is hereby deleted in its entirety and amended to read as follows:

 

“Acceleration
of the Due Diligence Period and Closing Date: Upon five (5) business days’ written notice from Buyer to Seller and subject
to Section 5 of this Agreement, Buyer may elect to purchase from Seller any or all of the properties listed on Exhibit A
attached hereto by delivering written notice (the “Property Notice”) of its election to accelerate the
Due Diligence Period and Closing Date on those properties listed in the Property Notice (the “Accelerated Closing”
and the date specified in the Property Notice shall be the “Accelerated Closing Date”). For the avoidance
of doubt, the terms of the Agreement shall remain in effect for those properties not included in the Property Notice.”

 

		4.	Due Diligence Period; Post-Closing Inspection Reports. Section 7(a) of the Agreement is hereby deleted in its entirety
and amended to read as follows:

 

“(a)Subject
to the “Acceleration of the Due Diligence Period and Closing Date” provision in the Basic Terms, Buyer shall have a
period commencing on the Effective Date and ending at 6:00 PM Pacific Time on April 30, 2016 (the “Due Diligence
Period”) to examine, inspect, and investigate the Property and, in Buyer’s sole judgment and discretion,
to determine whether Buyer desires to purchase the Property.”

 

		5.	Governing Law. This Sixth Amendment shall be governed by the laws of the State of Texas.

 

		6.	Full Force and Effect. Except as modified by this Sixth Amendment, the Agreement is unchanged, and is hereby ratified
and acknowledged by Buyer and Seller to be in full force and effect.

 

		7.	Counterparts. This Sixth Amendment may be executed in two or more counterparts, each of which shall be deemed an original,
but all of which together shall constitute one and the same instrument. An electronically transmitted counterpart of this Sixth
Amendment shall constitute an original for all purposes.

 

		8.	Miscellaneous. This Sixth Amendment, together with the Agreement, sets forth the entire agreement between the parties
with respect to the subject matter set forth herein and therein and may not be modified, amended or altered except by subsequent
written agreement between the parties. In case of any inconsistency between the provisions of this Sixth Amendment and the Agreement,
the provisions of this Sixth Amendment shall govern and control. This Sixth Amendment shall be binding upon and shall inure to
the benefit of Buyer and Seller and their respective successors and assigns, if any.

 

     

     

    

 

IN WITNESS WHEREOF, the undersigned parties
have caused this Fifth Amendment to be duly executed as of the day and year first written above.

 

	 	SELLER
	 	 	 	 
	 	RED DOOR HOUSING, LLC,
	 	a Texas limited liability company
	 	 	 	 
	 	By: 	/s/ Ricky Williams
	 	 	Ricky Williams, Manager
	 	 	 	 
	 	BUYER
	 	 	 	 
	 	REVEN HOUSING TEXAS, LLC,
	 	a Delaware limited liability company
	 	 	 	 
	 	By: 	REVEN HOUSING REIT, INC.,
	 	 	a Maryland corporation,
	 	 	its sole member
	 	 	 	 
	 	 	By: 	/s/ Chad Carpenter
	 	 	 	Chad Carpenter,
	 	 	 	Chief Executive Officer

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