Document:

EXHIBIT 10.2

FORM OF PROPERTY MANAGEMENT AND LEASING AGREEMENT

This PROPERTY MANAGEMENT AND LEASING AGREEMENT (this “Management
Agreement”) is made and entered into as of the [      ]
day of [                  ],
2007, by and among BEHRINGER HARVARD REIT II, INC., a Maryland corporation
(“BH REIT”), BEHRINGER HARVARD OPERATING PARTNERSHIP II LP, a Texas
limited partnership (“BH OP”), and BEHRINGER HARVARD REIT II
MANAGEMENT SERVICES, LLC, a Texas limited liability company (the “Manager”).

WHEREAS, BH OP was
organized to acquire, own, operate, lease and manage real estate properties on
behalf of BH REIT;

WHEREAS, BH REIT intends to raise money from the sale
of its common stock to be used, net of payment of certain offering costs and
expenses, for investment in the acquisition or construction of income-producing
real estate and other real estate-related investments (including the making or
purchase of mortgage, bridge or mezzanine loans), some or all of which are to
be acquired and held by Owner (as hereinafter defined) on behalf of
BH REIT; and

WHEREAS, Owner intends to retain Manager to manage and
coordinate the leasing of certain of the real estate properties acquired by
Owner under the terms and conditions set forth in this Management Agreement.

NOW, THEREFORE, in consideration of the premises and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound hereby,
do hereby agree, as follows:

ARTICLE I

DEFINITIONS

Except as otherwise specified or as the context may
otherwise require, the following terms have the respective meanings set forth
below for all purposes of this Management Agreement, and the definitions of the
terms are equally applicable both to the singular and plural forms thereof:

1.1           “Advisor” means Behringer
Advisors II LP, a Texas limited partnership, or its successor as advisor of BH
REIT.

1.2           “Affiliate” means, with respect to any Person, (i) any
Person directly or indirectly owning, controlling or holding, with the power to
vote, 10% or more of the outstanding voting securities of the other Person;
(ii) any Person 10% or more of whose outstanding voting securities are directly
or indirectly owned, controlled or held, with the power to vote, by the other
Person; (iii) any Person directly or indirectly controlling, controlled by or
under common control with the other Person; (iv) any executive officer,
director, trustee or general partner of the other Person; and (v) any legal
entity for which the Person acts as an executive officer, director, trustee or
general partner.

1.3           “Gross
Revenues” means all amounts actually collected as rents or other charges
for the use and occupancy of the Properties, but shall exclude interest and
other investment income of Owner and proceeds received by Owner for a sale,
exchange, condemnation, eminent domain taking, casualty or other disposition of
assets of Owner.

1.4           “Improvements”
means buildings, structures, equipment from time to time located on the
Properties and all parking and common areas located on the Properties.

1.5           “Intellectual
Property Rights” means all rights, titles and interests, whether
foreign or domestic, in and to any and all trade secrets, confidential
information rights, patents, invention rights, copyrights, service marks,
trademarks, know-how, or similar intellectual property rights and all
applications and rights to apply for these rights, as well as any and all moral
rights, rights of privacy, publicity and similar rights and license rights of
any type under the laws or regulations of any governmental, regulatory, or
judicial authority, foreign or domestic and all renewals and extensions
thereof.

1.6           “Lease”
means, unless the context otherwise requires, any lease or sublease made by
Owner as landlord or by its predecessor.

1.7           “Management
Fees” has the meaning set forth in Section 5.1 hereof.

1.8           “Owner”
means BH REIT, BH OP and any joint venture, limited liability company or
other Affiliate of BH REIT or BH OP that owns, in whole or in part, on
behalf of BH REIT, any Properties.

1.9           “Person”
means an individual, corporation, association, business trust, estate, trust,
partnership, limited liability company or other legal entity.

1.10         “Properties”
means all real estate properties owned by Owner and all tracts as yet
unspecified but to be acquired `by Owner containing income-producing
improvements or on which Owner will construct income-producing improvements.

1.11         “Property
Amendment” means an amendment to this Management Agreement describing a
Property and the Owner thereof and any variations to the basic terms and
conditions of this Management Agreement with respect to the Property related
thereto.

1.12         “Proprietary
Properties” means all modeling algorithms, tools, computer programs,
know-how, methodologies, processes, technologies, ideas, concepts, skills,
routines, subroutines, operating instructions and other materials and aides
used in performing the duties set forth in Article II that relate to
management advice, services and techniques regarding current and potential
Properties, and all modifications, enhancements and derivative works of the
foregoing.

1.13         “Texas Tax Code” means the Texas
Tax Code as amended by Texas H.B. 3, 79th Leg., 3rd C.S. (2006), and reference
to any provision of the Texas Tax Code Act shall mean that provision as in
effect from time to time, as the same may be amended, and any successor
provision thereto, as interpreted by any applicable administrative rules as in
effect from time to time.

ARTICLE II

APPOINTMENT AND STATUS OF MANAGER; SERVICES TO BE
PERFORMED

2.1           Appointment of Manager.  Owner hereby engages and retains Manager as
the manager and as tenant coordinating agent of the Properties, and Manager
hereby accepts the appointment on the terms and conditions hereinafter set
forth; it being understood that this Management Agreement shall cause Manager
to be, at law, Owner’s agent upon the terms contained herein.  Owner and Manager shall execute a Property
Amendment for each Property setting forth a description of the Property, the 

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individual
legal Owner with respect to the Property, and any variations from the terms and
conditions set forth in this Management Agreement with respect to the
management and leasing of the Property.

2.2           Treatment Under Texas Margin Tax.  For purposes of the Texas margin tax, Manager’s
performance of the services specified in this Management Agreement will cause
Manager to conduct part of the active trade or business of the Owner, and
Manager’s compensation includes both the payment of management fees and the
reimbursement of specified costs incurred in Manager’s conduct of the active trade
or business of the Owner.  Therefore, Owner
and Manager intend Manager to be, and shall treat Manager as, a “management
company” within the meaning of Section 171.0001(11) of the Texas Tax Code.  Owner and Manager will apply Sections
171.1011(m-1) and 171.1013(f)-(g) of the Texas Tax Code to Owner’s
reimbursements paid to Manager pursuant to this Management Agreement of
specified costs and allocable wages and compensation.  Owner and Manager further recognize and
intend that as a result of the relationship created by this Management Agreement,
reimbursements paid to Manager pursuant to this Management Agreement include
(i) “flow-though funds” that Manager is mandated by law or fiduciary duty to
distribute, within the meaning of Section 171.1011(f) of the Texas Tax Code,
and (ii) “flow-through funds” that Manager is mandated by contract to
distribute, within the meaning of Section 171.1011(g).  The terms of this Management Agreement shall
be interpreted in a manner consistent with the characterization of the Manager
as a “management company” as defined in Section 171.0001(11), and with the
characterization of the reimbursements as “flow-though funds” within the meaning
of Section 171.1011(f)-(g) of the Texas Tax Code.

2.3           General
Duties.  Manager shall devote its
best efforts to performing its duties hereunder to manage, operate, maintain
and lease the Properties in a diligent, careful and vigilant manner.  The services of Manager are to be of scope
and quality not less than those generally performed by professional property
managers of other similar properties in the same geographic area.  Manager shall make available to Owner the
full benefit of the judgment, experience and advice of the members of Manager’s
organization and staff with respect to the policies to be pursued by Owner
relating to the operation and leasing of the Properties.

2.4           Specific
Duties.  Manager’s duties include the
following:

(a)           Lease Obligations.  Manager shall perform all duties of the
landlord under all Leases insofar as the duties relate to operation,
maintenance, and day-to-day management. 
Manager shall also provide or cause to be provided, at Owner’s expense,
all services normally provided to tenants of like premises, including where applicable and without
limitation, gas, electricity or other utilities required to be furnished
to commercial tenants, repairs and maintenance necessary to preserve the
Properties in its present condition and for the operating efficiency thereof
and cleaning and janitorial service. 
Manager shall arrange for and supervise the performance of all
installations and improvements in space leased to any tenant that are either
expressly required under the terms of the Lease of the space or that are
customarily provided to commercial tenants.

(b)           Maintenance.  Manager shall cause the Properties to be
maintained in the same manner as similar properties in the same geographic area.  Manager’s duties and supervision in this
respect shall include, without limitation, cleaning of the interior and the
exterior of the Improvements and the public common areas on the Properties and
the making and supervision of repair, alterations, and decoration of the
Improvements, subject to and in strict compliance with this Management
Agreement and the Leases.  Construction
activities undertaken by Manager, if any, will be limited to activities related
to the management, operation, maintenance, and leasing of each Property (e.g.,
repairs, renovations, and leasehold improvements).

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(c)           Leasing Functions.  Manager shall coordinate the leasing of the
Properties and shall negotiate and use its best efforts to secure executed
Leases from qualified tenants, and to execute same on behalf of Owner, if
requested, for available space in the Properties, the Leases to be in form and
on terms approved by Owner and Manager, and to bring about complete leasing of
the Properties.  Manager shall be
responsible for the hiring of all duly qualified and licensed leasing agents,
as necessary for the leasing of the Properties, and to otherwise oversee and
manage the leasing process on behalf of Owner.

(d)           Notice of Violations.  Manager shall forward to Owner promptly upon
receipt all notices of violation or other notices from any governmental
authority, and board of fire underwriters or any insurance company, and shall
make recommendations regarding compliance with the notice as shall be
appropriate.

(e)           Personnel.  Any personnel hired by Manager to maintain,
operate and lease each Property shall be the employees or independent
contractors of Manager and not of Owner of the Property, BH OP or
BH REIT.  Manager shall use due care
in the selection and supervision of employees or independent contractors, who
shall be duly qualified and licensed, as necessary.  Manager shall be responsible for the
preparation of and shall timely file all payroll tax reports and timely make
payments of all withholding and other payroll taxes with respect to each
employee.

(f)            Utilities and Supplies.  Manager shall enter into or renew contracts
for electricity, gas, steam, landscaping, fuel, oil, maintenance and other
services as are customarily furnished or rendered in connection with the
operation of similar rental property in the same geographic area.

(g)           Expenses.  Manager shall analyze all bills received for
services, work and supplies in connection with maintaining and operating the
Properties, pay all bills when due, and, if requested by Owner, pay, when due,
utility and water charges, sewer rent and assessments, and any other amount
payable in respect to the Properties. 
All bills shall be paid by Manager within the time required to obtain
discounts, if any. Owner may from time to time request that Manager forward
certain bills to Owner promptly after receipt, and Manager shall comply with
any request.  Manager shall pay all
bills, assessments, real property taxes, insurance premiums and any other
amount payable in respect to the Properties out of the Account (as hereinafter
defined).  All expenses shall be billed
at net cost (i.e., less all rebates, commissions, discounts and allowances,
however designed).

(h)           Monies Collected.  Manager shall timely collect all rent and
other monies, in the form of a check or money order, from tenants and any sums
otherwise due Owner with respect to the Properties in the ordinary course of
business.  Owner authorizes Manager to
request, demand, collect and provide receipt for all the rent and other monies
and to institute legal proceedings in the name of Owner for the collection
thereof and for the dispossession of any tenant in default under its Lease.

(i)            Banking Accommodations.  Manager shall establish and maintain a
separate checking account (the “Account”) for funds relating to the
Properties.  All monies deposited from
time to time in the Account shall be deemed to be trust funds and shall be and
remain the property of Owner and shall be withdrawn and disbursed by Manager
for the account of Owner only as expressly permitted by this Management Agreement
for the purposes of performing the obligations of Manager hereunder.  No monies collected by Manager on Owner’s
behalf shall be commingled with funds of Manager.  The Account shall be maintained, and monies
shall be deposited therein and withdrawn therefrom, in accordance with the
following:

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(i)            All sums received from rents and
other income from the Properties shall be promptly deposited by Manager in the
Account.  Manager shall have the right to
designate two or more persons who shall be authorized to draw against the
Account, but only for purposes authorized by this Management Agreement.

(ii)           All sums due to Manager hereunder,
whether for compensation, reimbursement for expenditures, or otherwise, as
herein provided, shall be a charge against the operating revenues of the
Properties and shall be paid and withdrawn by Manager from the Account prior to
the making of any other disbursements therefrom.

(iii)          By the 15th day after the
end of each month, Manager shall forward to Owner all monies contained in the
Account other than a reserve of $5,000 and any other amounts otherwise provided
in the budget, which shall remain in the Account.

(j)            Controlling Agreements.  Manager has received copies of (and will be
provided with copies of future) articles of incorporation, agreements of
limited partnership, joint venture agreements, operating agreements, loan
agreements, deeds of trust or mortgages, each as may be amended from time to
time, of Owner, as applicable (the “Controlling Agreements”) and is and
will be familiar with the terms thereof. 
Manager shall use reasonable care to avoid any act or omission that, in
the performance of its duties hereunder, shall in any way conflict with the
terms of Controlling Agreements.

(k)           Signs.  Manager shall place and remove, or cause to
be placed and removed, any signs upon the Properties as Manager deems
appropriate, subject, however, to the terms and conditions of the Leases and to
any applicable ordinances and regulations.

2.5           Approval
of Leases, Contracts, Etc.  In fulfilling
its duties to Owner, Manager may and hereby is authorized to enter into any
leases, contracts or agreements on behalf of Owner in the ordinary course of
the management, operation, maintenance and leasing of each Property.

2.6           Accounting,
Records and Reports.

(a)           Records.  Manager shall maintain all office records and
books of account and shall record therein, and keep copies of, each invoice
received from services, work and supplies ordered in connection with the
maintenance and operation of the Properties. 
The records shall be maintained on a double entry basis.  Owner and persons designated by Owner shall
at all reasonable time have access to and the right to audit and make
independent examinations of the records, books and accounts and all vouchers,
files and all other material pertaining to the Properties and this Management
Agreement, all of which Manager agrees to keep safe, available and separate
from any records not pertaining to the Properties, at a place recommended by
Manager and approved by Owner.

(b)           Monthly Reports.  On or before the 15th day after the end of each month during the
term of this Management Agreement, Manager shall prepare and submit to Owner
the following reports and statements:

(i)            rental collection record;

(ii)           monthly operating statement;

(iii)          copy of cash disbursements ledger
entries for the period, if requested;

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(iv)          copy of cash receipts ledger entries
for the period, if requested;

(v)           the original copies of all contracts
entered into by Manager on behalf of Owner during the period, if requested; and

(vi)          copy of ledger entries for the period
relating to security deposits maintained by Manager, if requested.

(c)           Budgets and Leasing Plans.  Not later than November 15 of each calendar
year, Manager shall prepare and submit to Owner for its approval an operating
budget and a marketing and leasing plan on each Property for the calendar year
immediately following the submission.  In
connection with any acquisition of a Property by Owner, Manager shall prepare a
budget and marketing and leasing plan for the remainder of the calendar
year.  The budget and marketing and
leasing plan shall be in the form of the budget and plan approved by Owner
prior to the date thereof.  As often as
reasonably necessary during the period covered by any budget, Manager may
submit to Owner for its approval an updated budget or plan incorporating any
changes as shall be necessary to reflect cost over-runs and the like during the
period.  If Owner does not disapprove any
budget within 30 days after receipt thereof by Owner, the budget shall be
deemed approved.  If Owner shall
disapprove any budget or plan, it shall so notify Manager within said 30-day
period and explain the reasons therefor. 
If Owner disapproves of any budget or plan, Manager shall submit a
revised budget or plan, as applicable, within 10 days of receipt of the notice
of disapproval, and Owner shall have 10 days to provide notice to Manager if it
disapproves of any revised budget or plan. 
Manager will not incur any costs other than those included in, and only
to the extent provided for (subject to reasonable deviation for changes in
market costs), in any budget except for:

(i)            tenant improvements and real estate
commissions required under a Lease;

(ii)           maintenance or repair costs under
$5,000 per Property;

(iii)          costs incurred in emergency situations
in which action is immediately necessary for the preservation or safety of a
Property, or for the safety of occupants or other persons (or to avoid the
suspension of any necessary service at a Property);

(iv)          expenditures for real estate taxes and
assessment; and

(v)           maintenance supplies calling for an
aggregate purchase price less than $25,000 per annum for all Properties.

Budgets prepared by
Manager shall be for planning and informational purposes only, and Manager
shall have no liability to Owner for any failure to meet any budget.  However, Manager will use its best efforts to
operate within the approved budget.

(d)           Legal Requirements.  Manager shall execute and file when due all
forms, reports, and returns required by law relating to the employment of its
personnel.  Manager shall be responsible
for notifying Owner in the event it receives notice that any Improvement on a
Property or any equipment therein does not comply with the requirements of any
statute, ordinance, law or regulation of any governmental body or of any public
authority or official thereof having or claiming to have jurisdiction
thereover.  Manager shall promptly
forward to Owner any complaints, warnings, notices or summonses received by it
relating to these matters.  

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Owner represents that to the best of its knowledge
each of its Properties and any equipment thereon will upon acquisition by Owner
comply with all requirements.  Owner
authorizes Manager to disclose the ownership of each Property by Owner to any
officials.  Owner agrees to indemnify,
protect, defend, save and hold Manager and its stockholders, officers,
directors, employees, managers, successors and assigns (collectively, the “Indemnified
Parties”) harmless of and from any and all Losses (as defined in Section 3.5(a)
hereof) that may be imposed on them or any or all of them by reason of the
failure of Owner to correct any present or future violation or alleged
violation of any and all present or future laws, ordinances, statutes, or
regulations of any public authority or official thereof, having or claiming to
have jurisdiction thereover, of which it has actual notice.

2.7           Guaranty of Deposits.  In the event that Owner acquires real
property from Behringer Development Company LP, a Texas limited partnership (“Behringer
Development”), Manager hereby guarantees the full, prompt and unconditional
refund of any earnest money deposit paid by Owner to Behringer Development if
Owner is entitled to a refund as a result of (i) the failure of Behringer
Development to develop the property, (ii) the failure of all or a specified
portion of the pre-leased tenants to take possession under their leases for any
reason or (iii) the inability of Owner to pay the full purchase price at
closing.

2.8.          Dealings with Advisor. Unless
Owner specifically informs Manager to the contrary, Advisor may perform any of
the obligations or exercise any of the rights of Owner under this Management
Agreement.

ARTICLE III

AUTHORITY GRANTED TO MANAGER AND CERTAIN OWNER
OBLIGATIONS

3.1           Authority
As To Tenants, Etc.  Owner agrees and
does hereby give Manager the following exclusive authority and powers (all of
which shall be exercised either in the name of Manager, as manager for Owner,
or in the name of Owner entered into by Manager as Owner’s authorized agent,
and Owner shall assume all expenses in connection with these matters):

(a)           to advertise each Property or any
part thereof and to display signs thereon, as permitted by law;

(b)           to lease the Properties to tenants;

(c)           to pay all expenses of leasing the
Property, including but not limited to, newspaper and other advertising,
signage, banners, brochures, referral commissions, leasing commissions, finder’s
fees and salaries, bonuses and other compensation of duly qualified and
licensed leasing personnel responsible for the leasing of each Property;

(d)           to cause references of prospective
tenants to be investigated, it being understood and agreed by the parties
hereto that Manager does not guarantee the creditworthiness or collectibility
of accounts receivable from tenants, users or lessees; and to negotiate new
Leases and renewals and cancellations of existing Leases that shall be subject
to Manager obtaining Owner’s approval;

(e)           to collect from tenants all or any of
the following: a late rent administrative charge, a non-negotiable check
charge, credit report fee, a subleasing administrative charge or broker’s
commission; and Manager need not account for charges or commission to Owner;

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(f)            to terminate tenancies and to sign
and serve in the name of Owner of each Property any notices as are deemed
necessary by Manager;

(g)           to institute and prosecute actions to
evict tenants and to recover possession of each Property or portions thereof; and

(h)           with Owner’s authorization, to sue
for and in the name of Owner and recover rent and other sums due; and to
settle, compromise, and release the actions or suits, or reinstate the tenancies.  All expenses of litigation including, but not
limited to, attorneys’ fees, filing fees, and court costs that Manager shall
incur in connection with the collecting of rent and other sums, or to recover
possession of any Property or any portion thereof, shall be deemed to be an
operational expense of the Property. 
Manager and Owner shall concur on the selection of the attorneys to
handle the litigation.

3.2           Operational Authority.  Owner agrees and does hereby give Manager the
following exclusive authority and powers (all of which shall be exercised either
in the name of Manager, as manager for Owner, or in the name of Owner entered
into by Manager as Owner’s authorized agent, and Owner shall assume all
expenses in connection with these matters):

(a)           to hire, supervise, discharge, and
pay all labor required for the operation and maintenance of each Property
including but not limited to on-site personnel, managers, assistant managers,
leasing consultants, engineers, janitors, maintenance supervisors and other
employees required for the operation and maintenance of each Property, including
personnel spending a portion of their working hours (to be charged on a pro
rata basis) at each Property.  All
expenses of this employment shall be deemed operational expenses of the
Property (notwithstanding any possible implication to the contrary in Section
2.4(e));

(b)           to make or cause to be made all
ordinary repairs and replacements necessary to preserve each Property in its
present condition and for the operating efficiency thereof and all alterations
required to comply with lease requirements, and to decorate each Property;

(c)           to negotiate and enter into, as
Manager of each Property, contracts for all items on budgets that have been
approved by Owner, any repairs for items not exceeding $5,000, any emergency
services, appropriate service agreements and labor agreements for normal
operation of each Property with duly qualified and licensed Persons, which have
terms not to exceed three years, and agreements for all budgeted maintenance,
minor alterations, and utility services, including, but not limited to,
electricity, gas, fuel, water, telephone, window washing, scavenger service,
landscaping, snow removal, pest exterminating, decorating and legal services in
connection with the Leases and service agreements relating to each Property,
and other services or any of them as Manager may consider appropriate; and

(d)           to purchase supplies and pay all
bills.

Manager
shall use its best efforts to obtain the foregoing services and utilities for
each Property under terms that are as cost-effective and otherwise favorable to
Manager as possible for the quality of services and utilities required.  Owner hereby appoints Manager as Owner’s
authorized Manager for the purpose of executing, as manager for said Owner, all
contracts for the foregoing services and utilities.  In addition, Owner agrees to specifically
assume in writing all obligations under all these contracts so entered into by
Manager, on behalf of Owner of the Property, upon the termination of this
Management Agreement, and Owner shall indemnify, protect, save, defend and hold
Manager and the other Indemnified Parties harmless from and against any and all
Losses resulting from, arising out of or in any 

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way related to these
contracts and that relate to or concern matters occurring after termination of
this Management Agreement, but excluding matters arising out of Manager’s
willful misconduct, gross negligence or unlawful acts.  Manager shall secure the approval of, and
execution of appropriate contracts by, Owner for any non-budgeted and non-emergency/contingency
capital items, alterations or other expenditures in excess of $5,000 for any
one item, securing for each item at least three written bids, if practicable,
or providing evidence satisfactory to Owner that the contract amount is lower
than industry standard pricing, from responsible contractors.  Manager shall have the right from time to
time during the term hereof, to contract with and make purchases from duly
qualified and licensed Affiliates of Manager, provided that contract rates and
prices are competitive with other available sources.  Manager may at any time and from time to time
request and receive the prior written authorization of Owner of the specific Property
of any one or more purchases or other expenditures, notwithstanding that Manager
may otherwise be authorized hereunder to make these purchases or expenditures.

3.3           Rent and Other Collections.  Owner agrees and does hereby give Manager the
exclusive authority and powers (all of which shall be exercised either in the
name of Manager, as manager for Owner, or in the name or Owner entered into by
Manager as Owner’s authorized agent, and Owner shall assume all expenses in
connection with these matters) to collect rents and assessments and other
items, including but not limited to tenant payments for real estate taxes,
property liability and other insurance, damages and repairs, common area
maintenance, tax reduction fees and all other tenant reimbursements,
administrative charges, proceeds of rental interruption insurance, parking fees,
income from coin operated machines and other miscellaneous income, due or to
become due and give receipts therefor and to deposit all Gross Revenue
collected hereunder in the Account. 
Manager may endorse any and all checks received in connection with the
operation of any Property and drawn to the order of Owner, and Owner shall,
upon request, furnish Manager’s depository with an appropriate authorization
for Manager to make the endorsement. 
Manager shall also have the exclusive authority to collect and handle
tenants’ security deposits, including the right to apply the security deposits
to unpaid rent, and to comply, on behalf of Owner of each Property, with
applicable state or local laws concerning security deposits and interest
thereon, if any.  Manager shall not be
required to advance any monies for the care or management of any Property.  Owner agrees to advance all monies necessary
therefor.  If Manager shall elect to advance
any money in connection with a Property, Owner agrees to reimburse Manager
forthwith and hereby authorizes Manager to deduct the advances from any monies
due Owner.  In connection with any
insured losses or damages relating to any Property, Manager shall have the
exclusive authority to handle all steps necessary regarding any claim; provided
that Manager will not make any adjustments or settlements in excess of $10,000
without Owner’s prior written consent.

3.4           Payment
of Expenses.  Owner agrees and does
hereby give Manager the exclusive authority and power (all of which shall be
exercised either in the name of Manager, as manager for Owner, or in the name
or Owner entered into by Manager as Owner’s authorized agent, and Owner shall
assume all expenses in connection with these matters) to pay all expenses of
each Property from the Gross Revenue collected in accordance with Section
3.3 above, from the Account.  It is
understood that the Gross Revenue will be used first to pay the compensation to
Manager as contained in Article V below, then operational expenses and
then any mortgage indebtedness, including real estate tax and insurance
impounds, but only as directed by Owner in writing and only if sufficient Gross
Revenue is available for the payments. 
Nothing in this Management Agreement shall be interpreted in a manner as to obligate Manager to
pay from Gross Revenue, any expenses incurred by Owner prior to the
commencement of this Management Agreement,
except to the extent Owner advances additional funds to pay the expenses.

3.5           Certain
Owner Indemnification Obligations.

(a)           On Termination.  In the event this Management Agreement is
terminated for any reason prior to the expiration of its original term or any
renewal term, Owner shall indemnify, 

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protect, defend, save and hold Manager and all of the
other Indemnified Parties harmless from and against any and all claims, causes
of action, demands, suits, proceedings, loss, judgments, damage, awards, liens,
fines, costs, attorney’s fees and expenses, of every kind and nature whatsoever
(collectively, “Losses”), that may be imposed on or incurred by Manager
by reason of the willful misconduct, gross negligence or unlawful acts (the
unlawfulness having been adjudicated by a court of proper jurisdiction) of
Owner.

(b)           Property Damage, Etc.  Owner agrees to indemnify, defend, protect,
save and hold Manager and all of the other Indemnified Parties harmless from
any and all Losses in connection with or in any way related to each Property
and from liability for damage to each Property and injuries to or death of any
person whomsoever, and damage to property; provided, however,
that the indemnification shall not extend to any Losses arising out of the
willful misconduct, gross negligence or unlawful acts (the unlawfulness having
been adjudicated by a court of proper jurisdiction) of Manager or any of the
other Indemnified Parties.  Manager shall
not be liable for any error of judgment or for any mistake of fact or law, or
for any thing that it may do or refrain from doing, except in cases of willful
misconduct, gross negligence or unlawful acts (the unlawfulness having been
adjudicated by a court of proper jurisdiction).

3.6           Environmental
Matters.  Owner hereby warrants and
represents to Manager that to the best of Owner’s knowledge, no Property, upon
acquisition by Owner, nor any part thereof, will be used to treat, deposit,
store, dispose of or place any hazardous substance that may subject Manager to
liability or claims under the Comprehensive Environmental Response,
Compensation and Liability Act of 1980 (42 U.S.C.A. Section 9607) or any constitutional
provision, statute, ordinance, law, or regulation of any governmental body or
of any order or ruling of any public authority or official thereof, having or
claiming to have jurisdiction thereover. 
Furthermore, Owner agrees to indemnify, protect, defend, save and hold
Manager and all of the other Indemnified Parties from any and all Losses
involving, concerning or in any way related to any past, current or future
allegations regarding treatment, depositing, storage, disposal or placement by
any party other than Manager of hazardous substances on any Property.

3.7           Legal
Status of Properties.  Owner
represents that to the best of its knowledge each Property and any equipment
thereon, when acquired by Owner, will comply with all legal requirements and
authorizes Manager to disclose the identity of the owner of each Property to
any officials and agrees to indemnify, protect, defend, save and hold Manager
and the other Indemnified Parties harmless of and from any and all Losses that
may be imposed on them or any of them by reason of the failure of Owner to
correct any present or future violation or alleged violation of any and all
present or future laws, ordinances, statutes, or regulations of any public
authority or official thereof, having or claiming to have jurisdiction
thereover, of which it has actual notice. 
In the event it is alleged or charged that any Improvement or any
equipment on a Property or any act or failure to act by Owner with respect to
the Property or the sale, rental, or other disposition thereof fails to comply
with, or is in violation of, any of the requirements of any constitutional
provision, statute, ordinance, law, or regulation of any governmental body or
any order or ruling of any public authority or official thereof having or
claiming to have jurisdiction thereover, and Manager, in its sole and absolute
discretion, considers that the action or position of Owner, with respect
thereto may result in damage or liability to Manager, Manager shall have the
right to cancel this Management Agreement at any time by written notice to Owner of its election so to
do, which cancellation shall be effective upon the service of the notice.  Cancellation shall not release the
indemnities of Owner set forth in this Management Agreement and shall not terminate any liability or obligation of Owner
to Manager for any payment, reimbursement, or other sum of money then due and
payable to Manager hereunder.

3.8           Extraordinary
Payments.  Owner agrees to give
adequate advance written notice to Manager if Owner desires that Manager make
any extraordinary payment, out of Gross Revenue, to the 

 10
 

extent funds are available after the payment of Manager’s compensation
as provided for herein and all operational expenses, of mortgage indebtedness,
general taxes, special assessments, or fire, boiler or any other insurance
premiums.

ARTICLE IV

EXPENSES

4.1           Owner’s
Expenses.  Except as otherwise
specifically provided, all costs and expenses incurred hereunder by Manager in
fulfilling its duties to Owner shall be for the account of and on behalf of
Owner.  These costs and expenses shall
include the wages and salaries and other employee-related expenses of all
on-site and off-site employees of Manager who are engaged in the operation,
management, maintenance and leasing or access control of the Properties,
including taxes, insurance and benefits relating to the employees, and legal,
travel and other out-of-pocket expenses that are directly related to the
management of specific Properties.  All
costs and expenses for which Owner is responsible under this Management
Agreement shall be paid by Manager out of the Account.  In the event the Account does not contain
sufficient funds to pay all said expenses, Owner shall fund all sums necessary
to meet the additional costs and expenses.

4.2           Manager’s
Expenses.  Manager shall, out of its
own funds, pay all of its general overhead and administrative expenses.

ARTICLE V

MANAGER’S COMPENSATION

5.1           Management
Fees.  Commencing on the date hereof,
Owner shall pay Manager property management and leasing fees in an amount equal
to 3% of Gross Revenues (the “Management Fees”) on a monthly basis from
the rental income received from the Properties over the term of this Management
Agreement.  In the event that Owner contracts directly
with a non-affiliated third-party property manager in respect of a Property,
Owner shall pay Manager an oversight fee equal to 1% of Gross Revenues of the
subject Property to compensate Manager for transition services to coordinate
and align the systems and policies of the third-party property manager with
those of Manager.  Manager’s compensation
under this Section 5.1 shall apply to all renewals, extensions or
expansions of Leases that Manager
has originally negotiated.  In the event
Manager assists with planning and coordinating the construction of any
tenant-paid finish-out or improvements, Manager shall be entitled to receive
from any tenant an amount equal
to not greater than 5.0% of the cost of the tenant improvements.  The Management Fees may include the reimbursement
of the specified cost incurred by the Manager of engaging another person or
entity to perform Manager’s responsibilities hereunder; provided, however,
that Manager shall be responsible for payment to third parties. Nothing herein
shall prevent Manager from entering fee-splitting arrangements with third
parties with respect to the Management Fees.

5.2           Leasing
Fees.  In addition to the
compensation paid to Manager under Section 5.1 above, Manager shall be
entitled to receive a separate fee for the Leases of new tenants and renewals
of Leases with existing tenants in an amount not to exceed the fee customarily
charged in arm’s-length transactions by others rendering similar services in
the same geographic area for similar properties as determined by a survey of
brokers and agents in the area.

5.3           Audit
Adjustment.  If any audit of the
records, books or accounts relating to the Properties discloses an overpayment
or underpayment of Management Fees, Owner or Manager shall promptly pay to the
other party the amount of the overpayment or underpayment, as the case may
be.  If 

 11
 

the audit discloses an overpayment of Management Fees for any fiscal
year of more than the correct Management Fees for the fiscal year, Manager
shall bear the cost of the audit.

ARTICLE VI

INSURANCE AND INDEMNIFICATION

6.1           Insurance
to be Carried.

(a)           Manager shall obtain and keep in full
force and effect insurance on the Properties against any hazards as Owner and
Manager shall deem appropriate, but in any event insurance sufficient to comply
with the Leases and Controlling Agreements shall be maintained. All liability
policies shall provide sufficient insurance satisfactory to both Owner and
Manager and shall contain waivers of subrogation for the benefit of Manager.

(b)           Manager shall obtain and keep in full
force and effect, in accordance with the laws of the state in which each
Property is located, workers’ compensation and employer’s liability insurance
applicable to and covering all employees of Manager at the Properties, and Manager
shall furnish Owner certificates of insurers evidencing that the insurance is
in effect.  If any work under this
Management Agreement is subcontracted as permitted herein, Manager shall
include in each subcontract a provision that the subcontractor shall also
furnish Owner with the certificate.

6.2           Insurance
Expenses.  Premiums and other
expenses of insurance, as well as any applicable payments in respect of
deductibles, shall be borne by Owner.

6.3           Cooperation
with Insurers.  Manager shall
cooperate with and provide reasonable access to the Properties to
representatives of insurance companies and insurance brokers or agents with
respect to insurance that is in effect or for which application has been
made.  Manager shall use its best efforts
to comply with all requirements of insurers.

6.4           Accidents
and Claims.  Manager shall promptly
investigate and shall report in detail to Owner all accidents, claims for
damage relating to ownership, operation or maintenance of the Properties, and
any damage or destruction to the Properties and the estimated costs of repair
thereof, and shall prepare for approval by Owner all reports required by an
insurance company in connection with any accident, claim, damage, or
destruction.  These reports shall be
given to Owner promptly, and any report not so given within 10 days after the
occurrence of any accident, claim, damage or destruction shall be noted in the
monthly operating statement delivered to Owner pursuant to Section 2.5(b)
hereof.  Manager is authorized to settle
any claim against an insurance company arising out of any policy and, in
connection with the claim, to execute proofs of loss and adjustments of loss
and to collect and receipt for loss proceeds.

6.5           Indemnification.  Manager shall hold Owner harmless from and
indemnify and defend Owner against any and all claims or liability for any
injury or damage to any person or property whatsoever for which Manager is
responsible occurring in, on, or about the Properties, including, without
limitation, the Improvements when the injury or damage shall be caused by the
negligence of Manager, its agents, servants, or employees, except to the extent
that Owner recovers insurance proceeds with respect to that matter.  Owner will indemnify and hold Manager
harmless against all liability for injury to persons and damage to property
caused by Owner’s negligence and which did not result from the negligence of
misconduct of Manager, except to the extent Manager recovers insurance proceeds
with respect to that matter. Notwithstanding the foregoing, if the person
seeking indemnification under this Section 6.5 is an 

 12
 

Affiliate of BH REIT, such person’s right to indemnification is subject
to any limitations imposed under BH REIT’s Articles of Incorporation or any
amendments thereto.

ARTICLE VII

TERM AND TERMINATION

7.1           Term.  This Management Agreement shall commence on
the date first above written and shall continue until the fifth anniversary of that
date and thereafter for successive five year renewal periods, unless on or
before one year prior to the date last above mentioned or on or before one year
prior to the expiration of any renewal period, Manager shall notify Owner in
writing that it elects to terminate this Management Agreement, in which case
this Management Agreement shall be thereby terminated on said last mentioned
date.  In addition, and notwithstanding
the foregoing, Owner may terminate this Management Agreement at any time upon
delivery of written notice to Manager not less than 30 days prior to the
effective date of termination, in the event of (and only in the event of) a
showing by Owner of misconduct, negligence, or malfeasance by Manager in the
performance of Manager’s duties hereunder. In addition, either party may
terminate this Management Agreement immediately upon the occurrence of any of
the following:

(a)           A decree or order is rendered by a
court having jurisdiction (i) adjudging Manager as bankrupt or insolvent, (ii)
approving as properly filed a petition seeking reorganization, readjustment,
arrangement, composition or similar relief for Manager under the federal
bankruptcy laws or any similar applicable law or practice or (iii) appointing a
receiver or liquidator or trustee or assignee in bankruptcy or insolvency of
Manager or a substantial part of the property of Manager, or for the winding up
or liquidation of its affairs; or

(b)           Manager (i) institutes proceedings to
be adjudicated a voluntary bankrupt or an insolvent, (ii) consents to the
filing of a bankruptcy proceeding against it, (iii) files a petition or answer
or consent seeking reorganization, readjustment, arrangement, composition or
relief under any similar applicable law or practice, (iv) consents to the
filing of any petition, or to the appointment of a receiver or liquidator or
trustee or assignee in bankruptcy or insolvency for it or for a substantial
part of its property, (v) makes an assignment for the benefit of creditors,
(vi) is unable to or admits in writing its inability to pay its debts generally
as they become due unless inability shall be the fault of the other party, or
(iv) takes corporate or other action in furtherance of any of the aforesaid
purposes.

7.2           Manager’s
Obligations Upon Termination.  Upon
the termination of this Management Agreement, Manager shall have the following
duties:

(a)           Manager shall deliver to Owner or its
designee, all books and records with respect to the Properties.

(b)           Manager shall transfer and assign to
Owner, or its designee, all service contracts and personal property relating to
or used in the operation and maintenance of the Properties, except personal
property paid for and owned by Manager. 
Manager shall also, for a period of 60 days immediately following the
date of termination, make itself available to consult with and advise Owner, or
its designee, regarding the operation, maintenance and leasing of the
Properties.

(c)           Manager shall render to Owner an
accounting of all funds of Owner in its possession and shall deliver to Owner a
statement of all Management Fees claimed to be due to 

 13
 

Manager and shall cause funds of Owner held by Manager
relating to the Properties to be paid to Owner or its designee.

7.3           Owner’s
Obligations Upon Termination.  Owner
shall pay or reimburse Manager for any sums of money due it under this Management
Agreement for services and expenses prior to termination of this Management Agreement.  All provisions of this Management Agreement
that require Owner to have insured, or to protect, defend, save, hold and
indemnify or to reimburse Manager shall survive any expiration or termination
of this Management Agreement and, if Manager is or becomes involved in any
claim, proceeding or litigation by reason of having been Manager of Owner, such
provisions shall apply as if this Management Agreement were still in effect.

The parties understand and agree that Manager may
withhold funds for 60 days after the end of the month in which this Management Agreement
is terminated to pay bills previously incurred but not yet invoiced and to
close accounts. Should the funds withheld be insufficient to meet the
obligation of Manager to pay bills previously incurred, Owner will, upon
demand, advance sufficient funds to Manager to ensure fulfillment of Manager’s
obligation to do so, within 10 days of receipt of notice and an itemization of any
unpaid bills.

ARTICLE VIII

MISCELLANEOUS

8.1           Notices.  All notices, approvals, consents and other
communications hereunder shall be in writing, and, except when receipt is
required to start the running of a period of time, shall be deemed given when
delivered in person or on the fifth day after its mailing by either party by
registered or certified United States mail, postage prepaid and return receipt
requested, to the other party, at the addresses set forth after their respect
name below or at any different addresses as either party shall have theretofore
advised the other party in writing in accordance with this Section 8.1.

	
  Owner:

  	
   

  	
  BEHRINGER
  HARVARD OPERATING PARTNERSHIP II LP

  
	
   

  	
   

  	
  c/o Behringer
  Harvard REIT II, Inc.

  
	
   

  	
   

  	
  15601 Dallas
  Parkway

  
	
   

  	
   

  	
  Suite 600

  
	
   

  	
   

  	
  Addison, Texas
  75001

  
	
   

  	
   

  	
  Attention: Chief
  Legal Officer

  
	
   

  	
   

  	
   

  
	
  Manager:

  	
   

  	
  BEHRINGER
  HARVARD REIT II MANAGEMENT SERVICES, LLC

  
	
   

  	
   

  	
  15601 Dallas
  Parkway

  
	
   

  	
   

  	
  Suite 600

  
	
   

  	
   

  	
  Addison, Texas
  75001

  
	
   

  	
   

  	
  Attention: Chief
  Legal Officer

  

 

8.2           Governing
Law; Venue.  This Management
Agreement shall be governed by and construed in accordance with the laws of the
State of Texas, and any action brought to enforce the agreements made hereunder
or any action which arises out of the relationship created hereunder shall be
brought exclusively in Dallas County, Texas.

8.3           Assignment.  Manager may assign or delegate partially or
in full its duties and rights under this Management Agreement and the fees and
compensation related thereto to a duly qualified and licensed Affiliate of
Manager without the approval of Owner. Any other assignment or delegation by
Manager of its duties and rights under this Management Agreement may be made
only with the prior 

 14
 

written consent of Owner.  Owner
acknowledges and agrees that any or all of the duties of Manager as contained
herein may be assigned or delegated by Manager and performed by a duly
qualified and licensed Person (“Submanager”) with whom Manager contracts
for the purpose of performing these duties. 
Owner specifically grants Manager the authority to enter into a contract
with a Submanager; provided that, unless Owner otherwise agrees in
writing with the Submanager, Owner shall have no liability or responsibility to
any Submanager for the payment of the Submanager’s fee or for reimbursement to
the Submanager of its expenses or to indemnify the Submanager in any manner for
any matter; and provided, further, that Manager shall require
Submanager to agree, in the written agreement setting forth the duties and
obligations of the Submanager, to indemnify Owner for all Losses incurred by
Owner as a result of the willful misconduct or gross negligence of the
Submanager, except that indemnity shall not be required to the extent that
Owner recovers issuance proceeds with respect to that matter.  Any contract entered into between Manager and
a Submanager pursuant to this Section 8.3 shall be consistent with the
provisions of this Management Agreement, except to the extent Owner otherwise
specifically agrees in writing.  This
Management Agreement shall be binding upon and shall inure to the benefit of
the parties hereto and their respective successors and permitted assigns.

8.4           Third
Party Leasing Services.  Manager
acknowledges that from time to time Owner may determine that it is in the best
interests of Owner to retain a third party to provide certain leasing services
with respect to certain Properties and to compensate the third party for
leasing services.  Upon the prior written
consent of Manager, Owner shall have the authority to enter into a contract for
leasing services with a duly qualified and licensed third party (a “Third
Party Leasing Agreement”); provided, that Manager shall have no
liability or responsibility to Owner for any of the duties and obligations undertaken
by the third party, and Owner agrees to indemnify Manager for all Losses
incurred by Manager as a result of acts of the third party pursuant to the
Third Party Leasing Agreement.  To the
extent that leasing services are specifically required to be performed by a
third party pursuant to the Third Party Leasing Agreement, Manager shall have
no obligation to perform the leasing services and Owner shall have no
obligation to Manager for leasing fees pursuant to Section 5.2 hereof.

8.5           Third
Party Management Services.  Manager
acknowledges that from time to time Owner may acquire interests in Properties
in which Owner does not control the determination of the party that is engaged
to provide property management and other services to be provided by Manager
with respect to all Properties acquired by Owner hereunder.  Upon the prior written consent of Manager,
Owner shall have the authority to acquire non-controlling interests in
Properties for which a duly qualified and licensed third party provides some or
all of the services otherwise required to be performed by Manager hereunder (a “Third
Party Management Agreement”); provided that Manager shall have no liability
or responsibility to Owner for any of the duties and obligations undertaken by the
third party, and Owner agrees to indemnify Manager for all Losses incurred by
Manager as a result of the acts of the third party pursuant to the Third Party
Management Agreement.  To the extent that
property management and other services are specifically required to be
performed by a third party pursuant to the Third Party Management Agreement,
Manager shall have no obligation to perform the services and Owner shall have
no obligation to Manager for compensation for the services pursuant to Article
V hereof.

8.6           No
Waiver.  The failure of Owner to seek
redress for violation or to insist upon the strict performance of any covenant
or condition of this Management Agreement shall not constitute a waiver thereof
for the future.

8.7           Amendments.  This Management Agreement may be amended only
by an instrument in writing signed by the party against whom enforcement of the
amendment is sought.

8.8           Headings.  The headings of the various subdivisions of
this Management Agreement are for reference only and shall not define or limit
any of the terms or provisions hereof.

 15
 

8.9           Counterparts.  This Management Agreement may be executed in
two or more counterparts, each of which shall be deemed an original, and it
shall not be necessary in making proof of this Management Agreement to produce
or account for more than one counterpart.

8.10         Entire
Agreement.  This Management Agreement
(including the Property Amendments) contains the entire understanding and all
agreements between Owner and Manager respecting the management of the Properties.  There are no representations, agreements,
arrangements or understandings, oral or written, between Owner and Manager
relating to the management of the Properties that are not fully expressed
herein.

8.11         Disputes.  If there shall be a dispute between Owner and
Manager relating to this Management Agreement resulting in litigation, the
prevailing party in the litigation shall be entitled to recover from the other
party to the litigation the amount as the court shall fix as reasonable
attorneys’ fees.

8.12         Activities
of Manager.  The obligations of
Manager pursuant to the terms and provisions of this Management Agreement shall
not be construed to preclude Manager from engaging in other activities or
business ventures, whether or not the other activities or ventures are in
competition with Owner or the business of Owner.

8.13         Independent
Contractor.  Manager and Owner shall
not be construed as joint venturers or partners of each other pursuant to this
Management Agreement, and neither shall have the power to bind or obligate the
other except as set forth herein.  In all
respects, the status of Manager to Owner under this Management Agreement is
that of an independent contractor.

8.14         No Third-Party Rights.  Nothing expressed or referred to in this
Management Agreement will be construed to give any Person other than the
parties to this Management Agreement any legal or equitable right, remedy or
claim under or with respect to this Management Agreement or any provision of
this Management Agreement, except the rights as shall inure to a successor or
permitted assignee pursuant to Section 8.3.

8.15         Ownership
of Proprietary Property.  The Manager
retains ownership of and reserves all Intellectual Property Rights in the
Proprietary Property.  To the
extent that Owner has or obtains any claim to any right, title or interest in
the Proprietary Property, including without limitation in any suggestions,
enhancements or contributions that Owner may provide regarding the Proprietary
Property, Owner hereby assigns and transfers exclusively to the Manager all
right, title and interest, including without limitation all Intellectual
Property Rights, free and clear of any liens, encumbrances or licenses in favor
of Owner or any other party, in and to the Proprietary Property.  In addition, at the Manager’s expense, Owner
will perform any acts that may be deemed desirable by the Manager to evidence
more fully the transfer of ownership of right, title and interest in the
Proprietary Property to the Manager, including but not limited to the execution
of any instruments or documents now or hereafter requested by the Manager to
perfect, defend or confirm the assignment described herein, in a form
determined by the Manager.

[The remainder of this page has
been intentionally left blank]

 16
 

IN WITNESS WHEREOF, the parties have executed this Management Agreement as of the date
first above written.

	
   

  	
  BEHRINGER HARVARD REIT II, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Gerald J.
  Reihsen, III

  
	
   

  	
   

  	
  Executive Vice
  President – Corporate

  
	
   

  	
   

  	
  Development
  & Legal

  
	
   

  	
   

  
	
   

  	
  BEHRINGER
  HARVARD OPERATING

  
	
   

  	
  PARTNERSHIP II LP

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Behringer
  Harvard REIT II, Inc.

  
	
   

  	
   

  	
  General Partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Gerald J.
  Reihsen, III

  
	
   

  	
   

  	
  Executive Vice
  President – Corporate

  
	
   

  	
   

  	
  Development
  & Legal

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  BEHRINGER
  HARVARD REIT II

  MANAGEMENT SERVICES, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Gerald J.
  Reihsen, III

  
	
   

  	
   

  	
  Executive Vice
  President – Corporate

  
	
   

  	
   

  	
  Development
  & Legal

  
					

 

 17

Form of Property Amendment

	
  Property Description:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Legal Name of
  Owner:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Jurisdiction of

  	
   

  
	
  Organization/Incorporation:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Services to be
  Provided (if other

  	
   

  
	
  than in
  Management Agreement):

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  Alterations to
  basic terms and

  	
   

  
	
  conditions of
  Management

  	
   

  
	
  Agreement (if
  any):

  	
   

  
	
   

  	
   

  

 

	
   

  	
  MANAGER:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  BEHRINGER HARVARD REIT II 

  
	
   

  	
  MANAGEMENT SERVICES, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Gerald J. Reihsen, III

  
	
   

  	
   

  	
  Executive Vice President – Corporate

  
	
   

  	
   

  	
  Development & Legal

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  OWNER:

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  	
   

  
	
   

  	
  Title:Exhibit 10.1

THIRD AMENDMENT TO THE SENIOR SECURED PROMISSORY
NOTES

This
THIRD  AMENDMENT TO
THE SENIOR SECURED PROMISSORY NOTES (this “Amendment”),
amends those Senior Secured Promissory Notes, as amended to date, set forth on Schedule
I hereto (the “2006  Notes”), and issued
pursuant to the Secured Convertible Note and Warrant Purchase Agreement, dated May
24, 2006, as amended to date (the “2006 Purchase Agreement”),
by and among StarVox Communications, Inc., a California corporation (the “Company) and each of the Holders set
forth on Schedule I thereto, and is made and entered into as of August 16,
2007 by and among the Company and the holders of the 2006 Notes (the “2006  Holders,”
and each, a “2006 Holder”), party hereto.  Capitalized terms used and not otherwise
defined in this Amendment are used herein as defined in the 2006 Purchase
Agreement.

W I T N E S S E T H:

WHEREAS,
the Company desires to amend the Debentures (the “2007
Debentures”) issued pursuant to the Securities Purchase
Agreement, dated as of June 1, 2007, by and among the Company, U.S. Wireless
Data, Inc., a Delaware corporation and DKR Soundshore Oasis Holding Fund Ltd.,
SMH Capital Inc., and Trinad Capital Master Fund, Ltd. (the “2007 Holders”) to extend the
maturity of the 2007 Debentures to October 1, 2007.

WHEREAS,  the 2007 Holders have agreed to such extension on the
condition that each of the 2006 Notes be amended to extend the maturity of the
2006 Notes to January 7, 2008.

WHEREAS,
each of the 2006 Holders acknowledge and agree to the extension of maturity of
the 2007 Debentures.

NOW,
THEREFORE, in consideration of the foregoing and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereby agree as follows:

1.             Amendment
to Section 2(a). Each 2006 Note is hereby amended by replacing “November 2,
2007” in Section 2(a) with “January 7, 2008.”  

2.
            Amendment to Section 3(a).  Each 2006 Note is hereby amended by inserting
after the words “Trinad Capital Master Fund Ltd.,” in Section 3(a), the words “as
amended as of the date hereof”.

3.             Full Force and
Effect.  Except as modified by this Amendment,
all other terms and conditions in the 2006 Notes shall remain in full force and
effect.

4.
            Counterparts.  This Amendment may be executed in separate
counterparts, all of which taken together shall constitute a single instrument.

[SIGNATURE PAGES FOLLOW]

IN WITNESS WHEREOF, the parties hereto have executed this Amendment
effective as of the day and year first above written.

THE COMPANY:

	
  

  	
  STARVOX COMMUNICATIONS, 

  INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/ Thomas
  Rowley

  
	
   

  	
   

  	
   Thomas Rowley

  
	
   

  	
   

  	
   Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  U.S. WIRELESS
  DATA, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/ Thomas
  Rowley

  
	
   

  	
   

  	
   Thomas Rowley

  
	
   

  	
   

  	
   Chief Executive Officer

  

 

[Signature
Page to Third Amendment to 2006 Notes]

 

	
  2006 HOLDERS:

  	
  DESTAR, LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/ David Smith

  
	
   

  	
   

  	
   Name: David Smith

  
	
   

  	
   

  	
   Title: Managing Member

  

 

 

 

	
  

  	
  WHARTON ASSET MANAGEMENT, 

  L.P.

  
	
   

  	
   

  
	
   

  	
  By:  Wharton Investment
  Advisors, 

  LLC, its General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/ David Eisenberg

  
	
   

  	
   

  	
   Name: David E. Eisenberg

  
	
   

  	
   

  	
   Title: Member

  

 

 

	
  

  	
  WEATHERVANE CAPITAL 

  PARTNERS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:  Weathervane Advisors, 

  its Managing Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/
  Steven Shenfeld

  
	
   

  	
   

  	
   Name: Steven Shenfeld

  
	
   

  	
   

  	
   Title: Managing Member

  

 

 

	
  

  	
  DSAM FUND, L.P.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/
  Angelica Morrone

  
	
   

  	
   

  	
   Name: Angelica Morrone

  
	
   

  	
   

  	
   Title: Investment Manager

  

 

 

	
  

  	
  LYRICAL MULTI-MANAGER FUND, 

  L.P.

  
	
   

  	
   

  
	
   

  	
  By:  Lyrical Corp. II, LLC, 

  its General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/
  Jeffrey M. Moses

  
	
   

  	
   

  	
   Name: Jeffrey M. Moses

  
	
   

  	
   

  	
   Title: Authorized Person

  
	
   

  	
   

  	
   

  
	
   

  	
  LYRICAL MULTI-MANAGER 

  OFFSHORE FUND, LTD.

  
	
   

  	
   

  
	
   

  	
  By: Lyrical Partners, L.P.

  
	
   

  	
   

  
	
   

  	
  By:  Lyrical Corp. I, LLC, 

  its General Partner

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/
  Jeffrey M. Moses

  
	
   

  	
   

  	
   Name: Jeffrey M. Moses

  
	
   

  	
   

  	
   Title: Authorized Person

  

 

 

	
  

  	
  CAROLIA PARTNERS, L.P.

  
	
   

  	
   

  
	
   

  	
  By: Lyrical Opportunity Partners

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
     /s/
  Jeffrey M. Moses

  
	
   

  	
   

  	
   Name: Jeffrey M. Moses

  
	
   

  	
   

  	
   Title: Authorized Person

  

 

 

	
  

  	
  GARY A. GELBFISH

  
	
   

  	
   

  
	
   

  	
     /s/ Gary Gelbfish

  	
   

  

 

 

	
  

  	
  NOAM GOTTESMAN

  
	
   

  	
   

  
	
   

  	
     /s/ Noam Gottesman

  	
   

  

 

SCHEDULE I

2006 HOLDERS

	
  Holder

  	
   

  	
  Outstanding 

  Principal

  	
   

  	
  Issue Date

  	
   

  
	
  Destar, LLC

  	
   

  	
  10,000,000

  	
   

  	
  5/24/2006

  	
   

  
	
  Weathervane
  Capital Partners LP

  	
   

  	
  500,000

  	
   

  	
  5/24/2006

  	
   

  
	
  DSAM Fund, LP

  	
   

  	
  250,000

  	
   

  	
  5/24/2006

  	
   

  
	
  Dr. Gary
  Gelbfish

  	
   

  	
  250,000

  	
   

  	
  5/24/2006

  	
   

  
	
  Wharton Asset
  Management LP

  	
   

  	
  1,000,000

  	
   

  	
  6/7/2006

  	
   

  
	
  Lyrical
  Multi-Manager Fund LP

  	
   

  	
  500,000

  	
   

  	
  6/13/2006

  	
   

  
	
  Lyrical
  Multi-Manager Offshore Fund Ltd.

  	
   

  	
  250,000

  	
   

  	
  6/13/2006

  	
   

  
	
  Carolia Partners
  LP

  	
   

  	
  250,000

  	
   

  	
  6/13/2006

  	
   

  
	
  Noam Gottesman

  	
   

  	
  1,000,000

  	
   

  	
  6/20/2006

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00128-of-00352.parquet"}]]