Document:

EX-10.4

 Exhibit 10.4 

ESCROW AGREEMENT 

This Escrow Agreement (this “Agreement”) is made and entered into as of this 4th day of December, 2013 by and among Strategic
Storage Trust II, Inc., a Maryland corporation (the “Company”), Select Capital Corporation, a California corporation (the “Dealer Manager”), and UMB Bank, N.A., as Escrow Agent, a national banking association
organized and existing under the laws of the United States of America (the “Escrow Agent”). 
  RECITALS 

WHEREAS, the Company proposes to offer and sell shares of its common stock (the “Shares”), on a best efforts basis, for at
least $1.5 million and up to $1.0 billion of gross offering proceeds (excluding shares of its common stock to be offered and sold pursuant to the Company’s distribution reinvestment plan), at an initial purchase price of $10.00 per share (the
“Offering”) to investors pursuant to the Company’s Registration Statement on Form S-11 (File No. 333-190983) as amended from time to time (the “Offering Document”); 

WHEREAS, Strategic Storage Advisor II, LLC, a Delaware limited liability company (the “Advisor”), will externally manage and
advise the Company; 
 WHEREAS, the Dealer Manager will act as dealer manager for the Offering; 

WHEREAS, the Company is entering into this Agreement to set forth the terms on which the Escrow Agent will, except as otherwise provided
herein, hold and disburse the proceeds from subscriptions for the purchase of the Shares in the Offering, which will be until such time as the Company has received subscriptions for Shares resulting in total minimum capital raised of at least $1.5
million, including subscriptions from the Company’s directors, officers and other persons and entities affiliated with the Company or the Advisor (the “Required Capital”); 

WHEREAS, deposits received from residents of the State of Pennsylvania (the “Pennsylvania Subscribers”) will remain in the
Escrow Account (as defined below), until the conditions of Section 3 have been met; 
 WHEREAS, the Company desires that the Escrow
Agent act as escrow agent to the Escrow Account (as defined below), and the Escrow Agent is willing to act in such capacity; and 
 WHEREAS,
the Escrow Agent has engaged DST Systems, Inc. (the “Transfer Agent”) to examine for “good order” subscriptions and to act as record keeper, maintaining on behalf of the Escrow Agent the ownership records for the Escrow
Account. In so acting, the Transfer Agent shall be acting solely in the capacity of agent for the Escrow Agent and not in any capacity on behalf of the Company or the Dealer Manager. 

AGREEMENT 
 NOW,
THEREFORE, the Company, the Dealer Manager and the Escrow Agent agree to the terms of this Agreement as follows: 
 1. Appointment and
Commencement of Duties. The Company hereby appoints the Escrow Agent for purposes of holding the proceeds from the subscriptions for Shares on the terms and conditions set forth herein (the “Escrowed Funds”). This Agreement will
be effective as of the date on which the Offering Document becomes effective with the Securities and Exchange Commission (the “Effective Date”). Except as otherwise set forth herein for the Pennsylvania Subscribers, the
“Escrow Period” shall commence upon the Effective Date and shall continue until the earlier of (i) the date upon which the Escrow Agent receives confirmation from the Company that the Company has raised the Required Capital,
(ii) the termination of the Offering by the Company prior to the receipt of the Required Capital, or (iii) the close of business on the date (the “Threshold Date”) that is one year from the Effective Date

  

 
the Offering Document becomes effective with the Securities and Exchange Commission. As soon as practicable after the Effective Date, the Company shall establish an interest-bearing escrow
account with the Escrow Agent, which shall be entitled “ESCROW ACCOUNT FOR THE BENEFIT OF SUBSCRIBERS FOR COMMON STOCK OF STRATEGIC STORAGE TRUST II, INC.” (the “Escrow Account”). 

2. Operation of the Escrow Account. 

(a) Deposits in the Escrow Account. 

(1) During the Escrow Period, persons subscribing to purchase the Shares (the “Subscribers”) will be
instructed by the Dealer Manager or any soliciting broker dealers or registered investment advisors to remit the purchase price in the form of checks, drafts, wires, Automated Clearing House (ACH) or money orders (hereinafter
“instruments of payment”) payable to the order of “UMB Bank, N.A., Escrow Agent for Strategic Storage Trust II, Inc.,” or a recognizable contraction or abbreviation thereof. Completed subscription agreements and
instruments of payment for the purchase price for Shares shall be remitted by the broker dealers or registered investment advisors, as applicable, on behalf of the Subscribers to the address designated on the subscription agreement for the receipt
of such agreements and instruments of payment (the “Designated Address”) by the end of the next business day following receipt of any such instruments of payment or, if final internal supervisory review is conducted at a different
location, by the end of the next business day following receipt of any such instruments of payment by the office conducting final internal supervisory review. After subscriptions are received resulting in total minimum capital raised equal to the
Required Capital and such funds are disbursed from the Escrow Account in accordance with Section 2(b)(1)(A) hereof, subscriptions may continue to be so submitted unless otherwise instructed by the Dealer Manager or the Company; provided that
subscriptions received from Pennsylvania Subscribers shall continue to be so submitted until the conditions of Section 3 have been met. Any checks, drafts or money orders received made payable to a party other than the Escrow Agent (or after
the Required Capital is received, made payable to a party other than the party designated by the Dealer Manager or the Company) shall be returned to the soliciting dealer or other applicable party who submitted the check, draft or money order. All
instruments of payment from each such Subscriber shall, except as otherwise specified herein, be deposited into the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address (after the
Required Capital is received, a new account may be established in the name of the Company). 
 (2) Not later than ten
(10) business days prior to any required disbursement of interest by the Escrow Agent to any Subscriber pursuant to Section 2(b)(4) hereof or other applicable provision herein, the Dealer Manager or the Company will provide or cause to be
provided to the Escrow Agent, an executed IRS Form W-9 (which may be a Substitute Form W-9 as contained in the subscription agreement provided such Substitute Form W-9 is in conformity with all applicable Internal Revenue Service rules, regulations
and guidelines) (“Form W-9”), the calculation of the number of Shares intended to be purchased, and purchase price remitted or other documentation containing such information sufficient to identify the respective Subscriber. The
Escrow Agent shall not be obligated to use any efforts to obtain such information from the Subscriber, the Company or the Dealer Manager. If such information regarding a Subscriber is not provided to the Escrow Agent in a timely manner after the
Escrow Agent’s receipt of the purchase price from such Subscriber, the Company or the Dealer Manager shall cooperate with the Escrow Agent to return such funds to the soliciting dealer or other 

  
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applicable party who submitted the funds, unless such information for a Subscriber is provided prior to the actual return of such funds by the Escrow Agent, and no interest otherwise payable
shall be due or payable with respect to such funds under Section 2(b)(4) hereof. The Escrow Account will be established and maintained in such a way as to permit the interest income calculations described in Section 2(b)(4) hereof. 

(3) All monies received from Subscribers for the payment of Shares shall, except as otherwise specified herein, be promptly
deposited in the Escrow Account by the end of the business day on which such instruments of payment are received at the Designated Address. The Transfer Agent will maintain a written account of each sale, which account shall set forth, among other
things, the following information: (A) the Subscriber’s name and address, (B) the number of Shares intended to be purchased by the Subscriber, and (C) the amount paid by the Subscriber for the Shares. During the Escrow Period,
neither the Company nor the Transfer Agent will be entitled to any principal funds received into the Escrow Account. 
 (4)
The Escrow Agent agrees to promptly process for collection the instruments of payment upon deposit into the Escrow Account. Deposits shall be held in the Escrow Account until such funds are disbursed in accordance with Sections
2(b)(1)(A)-(B) hereof, and Section 3 hereof, as applicable. Prior to disbursement of the funds deposited in the Escrow Account, such funds shall not be subject to claims by creditors of the Company or the Dealer Manager or any of their
affiliates. If any of the instruments of payment are returned to the Escrow Agent for nonpayment prior to receipt of the Required Capital (or the Pennsylvania Required Capital, as applicable, and as defined below), the Escrow Agent shall promptly
notify the Dealer Manager, the Company and the Transfer Agent in writing by mail, email or facsimile of such nonpayment, and is authorized to debit the Escrow Account in the amount of such returned payment. 

(5) The Company hereby directs the Escrow Agent to provide the Transfer Agent with all electronic files and information needed
by the Transfer Agent to perform its duties as record keeper under the agency agreement between the Transfer Agent and the Company. 
 (b)
Distribution of the Escrowed Funds. 
 (1) Subject to the provisions of Sections 2(b)(2)-(4) below: 

(A) Once the collected funds in the Escrow Account are an amount equal to or greater than the Required Capital, the Escrow
Agent shall promptly notify the Company and, upon receiving written instructions and certification of approval by the Company that the collected funds in the Escrow Account are an amount equal to or greater than the Required Capital, disburse to the
Company, by check or wire transfer, the funds in the Escrow Account representing the gross purchase price for the Shares (other than any funds received from Pennsylvania Subscribers which cannot be released until the conditions of Section 3
have been met), together with any interest thereon. For purposes of this Agreement, the term “collected funds” shall mean all funds received by the Escrow Agent that have cleared normal banking channels and are in the form of cash or a
cash equivalent. After the satisfaction of the aforementioned provisions of this Section 2(b)(1)(A), in the event the Company receives subscriptions made payable to the Escrow Agent, subscription proceeds may continue to be received in this
account generally, but such proceeds (other than any funds received from Pennsylvania Subscribers) are not subject to this Agreement and at the 

  
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instruction of the Company to the Escrow Agent shall be transferred from the Escrow Account or deposited directly into, as the case may be, a commercial deposit account in the name of the Company
with the Transfer Agent (the “Deposit Account”) that has been previously established by the Company, unless otherwise directed by the Company. The Company hereby covenants and agrees that it shall do all things necessary in order to
establish the Deposit Account prior to its use. No provisions of this Agreement shall apply to the Deposit Account. 
 (B)
In order to induce the Escrow Agent to deposit into the Deposit Account any instruments for payment payable to the Escrow Agent, the Company warrants and represents that any subscription agreement or other disclosure provided to a subscriber of
Shares shall specify that, notwithstanding such instruments for payment naming the Escrow Agent as payee thereon, it shall not be maintained in an escrow account with the Escrow Agent after the Required Capital (or Pennsylvania Required Capital, as
applicable, and as defined below) has been achieved. 
 (2) Within four (4) business days prior to the Threshold Date,
the Escrow Agent shall promptly notify the Company if collected funds in the Escrow Account are not an amount equal to or greater than the Required Capital. The Company agrees that it will provide, or cause to be provided, to the Escrow Agent an
executed Form W-9 for each Subscriber by the end of the ninth (9th) day following the date of such notice if interest will be payable to any such Subscribers. On the tenth (10th) day following the date of such notice, the Escrow Agent shall promptly return directly to each Subscriber the collected funds deposited in the Escrow Account on behalf of such Subscriber, or
shall return the instruments of payment delivered, but not yet processed for collection prior to such time, in each case, together with interest in the amounts calculated pursuant to Section 2(b)(4) for each Subscriber at the address provided
by the Dealer Manager or the Company. 
 However, the Escrow Agent shall not be required to remit any payments until funds
represented by such payments have been collected. 
 (3) If the Company rejects any subscription for which the Escrow Agent
has collected funds, the Escrow Agent shall, upon the written request of the Company, promptly issue a refund to the rejected Subscriber. If the Company 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 return the funds in the amount of the Subscriber’s check to the rejected Subscriber after such funds have been collected. 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. 

(4) If the Company determines that interest will be payable to Subscribers as provided in Section 2(b)(2), Section 3,
or Section 6 hereof, the Company agrees that it will inquire of the Escrow Agent whether the Escrow Agent is in possession of all Subscribers’ executed Forms W-9 or such Subscribers’ federal tax identification numbers provided by the
Company, and agrees that it will not accept subscriptions of any Subscriber for which the Escrow Agent is not in possession of an executed Form W-9 provided by the Company, provided that the Escrow Agent has so informed the Company. The Escrow Agent
shall not be required to remit any payments until funds represented by such payments have been collected by the Escrow Agent. The Escrow Agent shall issue checks for interest earned on subscription proceeds and IRS Forms

  
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1099 relating thereto to Subscribers. If an investor fails to remit an executed Form W-9 to the Escrow Agent prior to the date the Escrow Agent returns such funds, the Escrow Agent shall withhold
30% of the earnings attributable to such investor’s funds, in accordance with United States Treasury regulations. 
 3. Distribution
of the Escrowed Funds from Pennsylvania Subscribers. 
 (a) Notwithstanding anything to the contrary herein,
disbursements of funds contributed by Pennsylvania Subscribers may only be distributed in compliance with the provisions of this Section 3. Irrespective of any disbursement of funds from the Escrow Account pursuant to Section 2 or
Section 3 hereof, the Escrow Agent will continue to place deposits from the Pennsylvania Subscribers into the Escrow Account until such time as the Company notifies the Escrow Agent in writing that total subscriptions (including amounts in the
Escrow Account previously disbursed as directed by the Company and the amounts then held in the Escrow Account) equal or exceed $50 million (the “Pennsylvania Required Capital”), whereupon the Escrow Agent shall disburse to the
Company, at the Company’s request, the principal amount of the funds from the Pennsylvania Subscribers received by the Escrow Agent for accepted subscriptions and any interest earned on such Pennsylvania Subscribers’ subscription payments
while such payments were held in the Escrow Account. However, the Escrow Agent shall not disburse to the Company those funds of a subscriber, the subscription of which has been rejected or rescinded, if the Escrow Agent has been notified by the
Company of such rejection or rescission. Following such disbursements, in the event the Company receives subscriptions from Pennsylvania Subscribers made payable to the Escrow Agent, such subscription proceeds are not subject to this Agreement and
shall be deposited into the Escrow Account or, at the instruction of the Company to the Escrow Agent, shall be transferred from the Escrow Account to, or deposited directly into, as the case may be, the Deposit Account. 

(b) If the Company has not received total subscriptions of at least the Pennsylvania Required Capital within 120 days of
the date the Company first receives a subscription from a Pennsylvania Subscriber (the “Initial Escrow Period”), the Company shall notify each Pennsylvania Subscriber by certified mail or any other means (whereby receipt of delivery
is obtained) of the right of Pennsylvania Subscribers to have their investment returned to them. If, pursuant to such notice, a Pennsylvania Subscriber requests the return of his or her subscription funds within ten (10) days after receipt of
the notification (the “Request Period”), the Escrow Agent shall promptly refund, without interest and without deduction, directly to each Pennsylvania Subscriber the funds deposited in the Escrow Account on behalf of the
Pennsylvania Subscriber. 
 (c) The funds of Pennsylvania Subscribers who do not request the return of their funds
within the Request Period shall remain in the Escrow Account for successive 120-day escrow periods (each a “Successive Escrow Period”), each commencing automatically upon the termination of the prior Successive Escrow Period, and
the Company and Escrow Agent shall follow the notification and payment procedure set forth in Section 3(b) above with respect to the Initial Escrow Period for each Successive Escrow Period, except that a pro rata share of any interest earned on
funds deposited during each Successive Escrow Period shall be paid to each Pennsylvania Subscriber as well, until the occurrence of the earliest of (i) the termination of the offering by the Company prior to the receipt of the Pennsylvania
Required Capital, (ii) the receipt and acceptance by the Company of total subscriptions that equal or exceed the Pennsylvania Required Capital and the disbursement of the Escrow Account on the terms specified in this Section 3, or
(iii) all funds held in the Escrow Account for Pennsylvania Subscribers have been returned to the Pennsylvania Subscribers in accordance with the provisions hereof. 

  
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 (d) If the Company has not received total subscriptions of at least the
Pennsylvania Required Capital within 365 days after the Threshold Date, all funds in the Escrow Account for Pennsylvania Subscribers will be promptly returned in full to such Pennsylvania Subscribers, together with their pro rata share of any
interest earned thereon after the Initial Escrow Period pursuant to instructions made by the Company, upon which the Escrow Agent may conclusively rely. 

4. Escrowed Funds. Prior to the disbursement of funds deposited in the Escrow Account in accordance with the provisions of
Section 2(b) and Section 3 hereof, the Escrow Agent shall invest all of the funds deposited as well as earnings and interest derived therefrom in UMB Bank Money Market Special, an interest-bearing bank money market account permitted under
Rule 15c2-4 of the Securities Exchange Act of 1934, as amended. The Escrow Agent shall not invest funds deposited or any earnings or interest derived therefrom in any other investment without the prior written direction or approval from the Company.

 Income, if any, resulting from the investment of the Escrowed Funds shall be retained by the Escrow Agent, and shall be distributed
according to this Agreement. 
 5. Interest Payable to Subscribers. If the Offering terminates prior to receipt of the Required
Capital or one or more Pennsylvania Subscribers elects to have his or her subscription returned in accordance with Section 3, interest income earned on subscription proceeds (the “Escrow Income”) deposited in the Escrow Account
shall be allocated among Subscribers on a pro rata basis and without any deductions for any fees or expenses. The Escrow Agent shall remit the Escrow Income in accordance with Section 2(b)(4). If the Company chooses to leave the Escrow Account
open after receiving the Required Capital, then it shall make regular acceptances of subscriptions therein, but no less frequently than monthly, and the Escrow Income from the last such acceptance shall be calculated and remitted to the Subscribers
or the Company, as applicable, pursuant to the provisions of Section 2(b)(4). 
 6. Reporting by Escrow Agent. The Escrow Agent
shall report to the Company up to daily but at least weekly as instructed by the Company or the Dealer Manager on the account balance in the Escrow Account and the activity in such account since the last report. 

7. Duties of the Escrow Agent. The Escrow Agent shall have no duties or responsibilities other than those expressly set forth in this
Agreement, and no implied duties or obligations shall be read into this Agreement against the Escrow Agent. The Escrow Agent is not a party to, or bound by, any other agreement among the other parties hereto, and the Escrow Agent’s duties shall
be determined solely by reference to this Agreement. The Escrow Agent shall have no duty to enforce any obligation of any person, other than as provided herein. Except as provided in Section 2(a)(1) hereof regarding ensuring that certain funds
are separately accounted for on the records of the Transfer Agent, the Escrow Agent shall be under no liability to anyone by reason of any failure on the part of any party hereto or any maker, endorser or other signatory of any document or any other
person to perform such person’s obligations under any such document. 
 8. Liability of the Escrow Agent; Indemnification. The
Escrow Agent acts hereunder as a depository only. The Escrow Agent is not responsible or liable in any manner for the sufficiency, correctness, genuineness or validity of this Agreement or with respect to the form of execution of the same. The
Escrow Agent shall not be liable for any action taken or omitted by it, or any action suffered by it to be taken or omitted, in good faith, and in the exercise of its own best judgment, and may rely conclusively and shall be protected in acting upon
any order, notice, demand, certificate, opinion or advice of counsel (including counsel chosen by the Escrow Agent), statement, instrument, report or other paper or document (not only as to its due execution and the validity and effectiveness of its
provisions, but also as to the truth and acceptability of any information therein contained) which is believed by the 

  
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Escrow Agent to be genuine and to be signed or presented by the proper person(s). The Escrow Agent shall not be held liable for any error in judgment made in good faith by an officer or employee
of the Escrow Agent unless it shall be proved that the Escrow Agent was grossly negligent or reckless in ascertaining the pertinent facts or acted intentionally in bad faith. The Escrow Agent shall not be bound by any notice of demand, or any
waiver, modification, termination or rescission of this Agreement or any of the terms hereof, unless evidenced by a writing delivered to the Escrow Agent signed by the proper party or parties and, if the duties or rights of the Escrow Agent are
affected, unless it shall give its prior written consent thereto. 
 The Escrow Agent may consult legal counsel and shall exercise
reasonable care in the selection of such counsel, in the event of any dispute or question as to the construction of any provisions hereof or its duties hereunder, and it shall incur no liability and shall be fully protected in acting in accordance
with the reasonable opinion or instructions of such counsel. 
 The Escrow Agent shall not be responsible, may conclusively rely upon and
shall be protected, indemnified and held harmless by the Company, for the sufficiency or accuracy of the form of, or the execution, validity, value or genuineness of any document or property received, held or delivered by it hereunder, or of the
signature or endorsement thereon, or for any description therein; nor shall the Escrow Agent be responsible or liable in any respect on account of the identity, authority or rights of the persons executing or delivering or purporting to execute or
deliver any document, property or this Agreement. 
 In the event that the Escrow Agent shall become involved in any arbitration or
litigation relating to the Escrowed Funds, the Escrow Agent is authorized to comply with any decision reached through such arbitration or litigation. 

The Company hereby agrees to indemnify the Escrow Agent for, and to hold it harmless against, any loss, liability or expense incurred in
connection herewith without gross negligence, recklessness or willful misconduct on the part of the Escrow Agent, including without limitation legal or other fees arising out of or in connection with its entering into this Agreement and carrying out
its duties hereunder, including without limitation the costs and expenses of defending itself against any claim of liability in the premises or any action for interpleader. The Escrow Agent shall be under no obligation to institute or defend any
action, suit, or legal proceeding in connection herewith, unless first indemnified and held harmless to its satisfaction in accordance with the foregoing, except that the Escrow Agent shall not be indemnified against any loss, liability or expense
arising out of its own gross negligence, recklessness or willful misconduct. Such indemnity shall survive the termination or discharge of this Agreement or resignation of the Escrow Agent. 

9. The Escrow Agent’s Fee. The Escrow Agent shall be entitled to fees and expenses for its regular services as Escrow Agent as set
forth in Exhibit A. Additionally, the Escrow Agent is entitled to reasonable fees for extraordinary services and reimbursement of any reasonable out of pocket and extraordinary costs and expenses related to its obligations as Escrow Agent
under this Agreement, including, but not limited to, reasonable attorneys’ fees. All of the Escrow Agent’s compensation, costs and expenses shall be paid by the Company. 

10. Security Interests. No party to this Agreement shall grant a security interest in any monies or other property deposited with the
Escrow Agent under this Agreement, or otherwise create a lien, encumbrance or other claim against such monies or borrow against the same. 

11. Dispute. In the event of any disagreement between the undersigned or the person or persons named in the instructions contained in
this Agreement, or any other person, resulting in adverse claims and demands being made in connection with or for any papers, money or property involved herein, or affected hereby, the Escrow Agent shall be entitled to refuse to comply with any
demand or claim, as long as such disagreement shall continue, and in so refusing to make any delivery or other disposition of any money, papers or property involved or affected hereby, the Escrow Agent shall not be or become liable to the
undersigned or to any person named in such instructions for its refusal to comply with such conflicting or adverse demands, and the Escrow Agent shall be entitled to refuse and refrain to act until: 

(a) the rights of the adverse claimants shall have been fully and finally adjudicated in a court assuming and having
jurisdiction of the parties and money, papers and property involved herein or affected hereby, or 

  
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 (b) all differences shall have been adjusted by agreement and the Escrow Agent
shall have been notified thereof in writing, signed by all the interested parties. 
 12. Resignation of Escrow Agent. The Escrow
Agent may resign or be removed, at any time, for any reason, by written notice of its resignation or removal to the proper parties at their respective addresses as set forth herein, at least 60 days before the date specified for such resignation or
removal to take effect. Upon the effective date of such resignation or removal: 
 (a) all cash and other payments and all
other property then held by the Escrow Agent hereunder shall be delivered by it to such successor escrow agent as may be designated in writing by the Company, whereupon the Escrow Agent’s obligations hereunder shall cease and terminate; 

(b) if no such successor escrow agent has been designated by such date, all obligations of the Escrow Agent hereunder shall
cease and terminate, and the Escrow Agent’s sole responsibility thereafter shall be to keep all property then held by it and to deliver the same to a person designated in writing by the Company or in accordance with the directions of a final
order or judgment of a court of competent jurisdiction; and 
 (c) further, if no such successor escrow agent has been
designated by such date, the Escrow Agent may petition any court of competent jurisdiction for the appointment of a successor agent and the Escrow Agent may pay into court all monies and property deposited with the Escrow Agent under this Agreement.

 13. Notices. All notices, demands and requests required or permitted to be given under the provisions hereof must be in writing
and shall be deemed to have been sufficiently given, upon receipt, if (a) personally delivered, (b) sent by telecopy and confirmed by phone or (c) mailed by registered or certified mail, with return receipt requested, delivered as
follows: 
  

			
	 (1) If to the Company:
	  	Strategic Storage Trust, Inc.
		  	Attention: H. Michael Schwartz
		  	111 Corporate Drive, Suite 120
		  	Ladera Ranch, CA 92694
		  	 Telephone: (949) 429-6600
 Facsimile: (949)
429-6606

		
	 (2) If to the Escrow Agent:
	  	 UMB Bank, N.A.
 Attention: Lara L. Stevens,
Corporate Trust

		  	1010 Grand Blvd., 4th Floor
		  	Mail Stop: 1020409
		  	Kansas City, MO 64106
		  	Telephone: (816) 860-3017
		  	Facsimile: (816) 860-3029
		
	 (3) If to Dealer Manager:
	  	 Select Capital Corporation
 Attention: James M.
Walsh

		  	31351 Rancho Viejo Rd., Suite 205
		  	San Juan Capistrano, CA 92675
		  	Telephone: (714) 656-2126
		  	Facsimile: (949) 429-5393

  
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 14. Governing Law. This Agreement shall be construed and enforced in accordance with the
laws of the State of California without regard to the principles of conflicts of law. 
 15. Binding Effect; Benefit. This Agreement
shall be binding upon and inure to the benefit of the permitted successors and assigns of the parties hereto. 
 16. Modification.
This Agreement may be amended, modified or terminated at any time by a writing executed by the Company, the Dealer Manager and the Escrow Agent. 

17. Assignability. This Agreement shall not be assigned by the Escrow Agent without the Company’s prior written consent. Each of
the Company and the Dealer Manager may assign this Agreement without the Escrow Agent’s consent. 
 18. Counterparts. This
Agreement may be executed in one or more counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. Copies, telecopies, facsimiles, electronic files and other reproductions of
original executed documents shall be deemed to be authentic and valid counterparts of such original documents for all purposes, including the filing of any claim, action or suit in the appropriate court of law. 

19. Headings. The section headings contained in this Agreement are inserted for convenience only, and shall not affect, in any way, the
meaning or interpretation of this Agreement. 
 20. Severability. This Agreement constitutes the entire agreement among the parties
and supersedes all prior and contemporaneous agreements and undertakings of the parties in connection herewith. No failure or delay of the Escrow Agent in exercising any right, power or remedy may be, or may be deemed to be, a waiver thereof; nor
may any single or partial exercise of any right, power or remedy preclude any other or further exercise of any right, power or remedy. In the event that any one or more of the provisions contained in this Agreement shall, for any reason, be held to
be invalid, illegal or unenforceable in any respect, then to the maximum extent permitted by law, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement. 

21. Earnings Allocation; Tax Matters; Patriot Act Compliance. The Escrow Agent shall be responsible for all tax reporting under this
Agreement. The Company shall provide to the Escrow Agent upon the execution of this Agreement any documentation requested and any information reasonably requested by the Escrow Agent to comply with the USA Patriot Act of 2001, as amended from time
to time. 
 22. Sarbanes-Oxley. The Escrow Agent will reasonably cooperate with the Company in fulfilling any of the Company’s
obligations under the Sarbanes-Oxley Act of 2002, as such obligations relate to the provision of services under this Agreement, including assistance as to the documentation and auditing of the Escrow Agent’s procedures. 

23. Miscellaneous. This Agreement shall not be construed against the party preparing it, and shall be construed without regard to the
identity of the person who drafted it or the party who caused it to be drafted and shall be construed as if all parties had jointly prepared this Agreement and it shall be deemed their joint work product, and each and every provision of this
Agreement shall be construed as though all of the parties hereto participated equally in the drafting hereof; and any uncertainty or ambiguity shall not be interpreted against any one party. As a result of the foregoing, any rule of construction
that a document is to be construed against the drafting party shall not be applicable. 
 24. Termination of the Agreement. This
Agreement, except for Section 9 and Section 13 hereof, which shall continue in effect, shall terminate upon written notice from the Company to the Escrow Agent. 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Advisory Agreement as of the date and year first above
written.
  
  
			
	COMPANY:
	
	STRATEGIC STORAGE TRUST II, INC.
		
	By:	 	/s/ H. Michael Schwartz
	Name:	 	H. Michael Schwartz
	Title:	 	Chairman, President, and CEO
	
	DEALER MANAGER:
	
	SELECT CAPITAL CORPORATION
		
	By:	 	/s/ James M. Walsh
	Name:	 	James M. Walsh
	Title:	 	Chairman and CEO
	
	ESCROW AGENT:
	
	UMB BANK, N.A.
		
	By:	 	/s/ Lara L. Stevens
	Name:	 	Lara L. Stevens
	Title:	 	Vice President

  
 10EX-10.1

 Exhibit 10.1 

Execution Version 

SEPARATION AGREEMENT 

THIS SEPARATION AGREEMENT (this “Agreement”) is made and entered into this 5th day of December, 2013, by and between ROMIL
BAHL (“Executive”) and PRGX GLOBAL, INC., a Georgia corporation (“Company”). Executive and Company are sometimes hereinafter referred to together as the “Parties” and individually as a “Party.” 

BACKGROUND: 
 A.
Executive was employed as the Chief Executive Officer and President of Company pursuant to an employment agreement between Executive and Company dated as of January 8, 2009, effective as of January 21, 2009 (“Employment
Agreement”). 
 B. Executive’s employment ended as of November 15, 2013 (the “Separation Date”). 

C. Company and Executive wish to acknowledge termination of the Employment Agreement and avoid any disputes which could arise under the
Employment Agreement and have therefore agreed to the terms of this Agreement. 
 NOW, THEREFORE, FOR AND IN CONSIDERATION of the
premises, the mutual promises, covenants and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

1. Termination of Employment. The Parties agree that, effective as of the Separation Date, (a) the Employment Agreement has
terminated, (b) Executive has waived the right to 60 days’ written notice of termination of Executive’s employment as set forth in Section 7(d) of his Employment Agreement, (c) Executive’s employment with Company has
terminated, (d) Executive is no longer serving as the Chief Executive Officer and President of Company, as an officer of any subsidiary of Company or as a member of the Board of Directors of Company or of any subsidiary of Company, and
(e) except as otherwise specifically set forth in this Agreement, all benefits, privileges and authorities related to Executive’s employment with Company, or positions held with Company or any of its subsidiaries, have ceased. 

2. No Admission. The Parties agree that their entry into this Agreement is not and shall not be construed to be an admission of
liability or wrongdoing on the part of either Party. 
 3. Future Cooperation. Executive agrees that, notwithstanding the
termination of Executive’s employment on the Separation Date, Executive upon reasonable notice will make himself available to Company or its designated representatives for the purposes of: (a) providing information regarding the projects
and files on which Executive worked for the purpose of transitioning such projects; and (b) providing information regarding any other matter, file, project and/or client with whom Executive was involved while employed by Company.
Notwithstanding the foregoing, this Section 3 shall not, in any event, require Executive to make himself available for more than four (4) hours in any week or more than twenty (20) hours in total. 

 4. Consideration. 

(a) In consideration for Executive’s agreement to terminate the Employment Agreement, to fully release Company from any and all Claims as
described below, and to perform the other duties and obligations of Executive contained herein, Company will, subject to ordinary and lawful deductions and Sections 4(b) and (c) below: 

(i) Pay severance to Executive in the form of salary continuation for the eighteen (18) months immediately following the
Separation Date (“Severance Period”). Such payments shall be made in accordance with Company’s standard pay practices in an amount equal to twenty-five thousand three hundred eighty-eight dollars and forty-seven cents ($25,388.47) per
bi-weekly pay period following Executive’s Separation Date, except that no payments shall be made during the period that begins immediately after the Separation Date and ends on the earlier of (i) Executive’s death or (ii) six
(6) months after the Separation Date. The payments that would otherwise have been made in such period shall be accumulated and paid in a lump sum on the first bi-weekly pay period after the end of such period. 

(ii) Pay an amount equal to Executive’s actual earned full-year bonus for 2013, pro-rated based on the number of days
Executive was employed for such year on and before the Separation Date, payable at the time Executive’s annual bonus for such year otherwise would have been paid had Executive continued employment, and provide documentation to Executive
supporting the bonus calculation. Payment of a pro-rated bonus hereunder will be dependent upon (x) the size of the overall bonus pool for 2013 and (y) twenty percent (20%) on Company’s 2013 revenue performance and eighty percent
(80%) on Company’s 2013 adjusted EBITDA performance, in the same manner as are applicable to similarly-situated executives of the Company who participate in the annual bonus plan for 2013. 

(iii) Continue after the Separation Date any health care (medical, dental and vision) plan coverage, other than under a
flexible spending account, provided to Executive and Executive’s spouse and dependents at the Separation Date for the Severance Period, on a monthly or more frequent basis, on the same basis and at the same cost to Executive as available to
similarly-situated active employees during such Severance Period, provided that such continued coverage shall terminate in the event Executive becomes eligible for any such coverage under another employer’s plans. 

(iv) Vest in full, effective as of the date upon which the revocation period for the Release described in Section 4(b)
below expires without Executive having elected to revoke the Release, all of Executive’s outstanding unvested options, restricted stock and other equity-based awards including without limitation the performance units granted to Executive on
June 19, 2012. Additionally, all of Executive’s outstanding stock options shall remain outstanding until the earlier of (i) one (1) year after the Separation Date or (ii) the original expiration date of the options
(disregarding any earlier expiration date provided for in any other agreement, including without limitation any related grant agreement, based solely on the termination of Executive’s employment). 

  
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 (v) Payment of one (1) year of outplacement services from Executrak or an
outplacement service provider of Executive’s choice, limited to $20,000 in total. This outplacement services benefit will be forfeited if Executive does not begin using such services within 60 days after the Separation Date. 

(vi) Pay the sum of salary continuation to Executive plus reimbursement for Company’s contribution to the cost of
Executive’s benefits (not including paid time off), in lieu of sixty (60) days’ written notice of termination, for the sixty (60) days immediately following the Separation Date. Such payments shall be made in accordance with the
Company’s standard pay practices in an amount equal to twenty-five thousand eight hundred twenty dollars and eighty-one cents ($25,820.81) per bi-weekly pay period immediately following Executive’s Separation Date. 

(vii) Pay to Executive an amount equal to the product of (A) any matching contribution that Executive would have received
in Company’s 401(k) plan for 2013 had Executive remained employed through the end of 2013 multiplied by (B) 1.9212 (rounded to the nearest whole cent), in a single lump sum within thirty (30) days after the time such matching
contribution would have been contributed to Executive’s account in Company’s 401(k) plan had Executive remained employed with Company (but in any event no earlier than January 1, 2014 and no later than September 15, 2014), if and
only if Company elects to make matching contributions to 401(k) plan participants as a whole. 
 (viii) Pay to Executive ten
thousand two hundred sixty-three dollars and twenty-nine cents ($10,263.29) in a single lump sum within thirty (30) days after the Separation Date in lieu of the paid time off that Executive would have accrued during the sixty (60) days
immediately following the Separation Date had Executive remained employed. 
 (b) Notwithstanding anything else contained herein to the
contrary, no payments shall be made or benefits delivered under this Agreement (other than any payments required to be made by Company pursuant to Section 4(a)(vi), (vii) and (viii) above and Section 5 below) unless, within
thirty (30) days after the Separation Date: (i) Executive has signed and delivered to Company a Release in the form attached hereto as Exhibit A (the “Release”); and (ii) the applicable revocation period under the
Release has expired without Executive having elected to revoke the Release. Executive agrees and acknowledges that Executive would not be entitled to the consideration described herein (other than that set forth in Section 4(a)(vi),
(vii) and (viii) above or Section 5 below) absent execution of the Release and expiration of the applicable revocation period without Executive having revoked the Release. Any payments to be made, or benefits to be delivered, under
this Agreement (other than the payments required to be made by Company pursuant to Section 4(a)(vi), (vii) and (viii) above and Section 5 below and the vesting of outstanding unvested options, restricted stock and other
equity-based awards as set forth in Section 4(a)(iv) above) within the thirty (30) days after the Separation Date shall be accumulated and paid in a lump sum, or as to benefits continued at Executive’s expense subject to
reimbursement, reimbursement shall be made, on the first bi-weekly pay period occurring more than thirty (30) days after the Separation Date, provided Executive delivers the signed Release to Company and the revocation period thereunder expires
without Executive having elected to revoke the Release. 

  
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 (c) As a further condition to receipt of the payments and benefits in Section 4(a) above,
Executive also waives any and all rights to any other amounts payable to him upon the cessation of his employment relationship with Company, other than those specifically set forth in this Agreement, including without limitation any severance,
notice rights, payments, benefits and other amounts to which Executive may be entitled under the laws of any jurisdiction and/or his Employment Agreement, and Executive agrees not to pursue or claim any of the payments, benefits or rights set forth
in this Section 4(c). 
 5. Other Benefits. 

Nothing in this Agreement or the Release shall: 

(a) alter or reduce any vested, accrued benefits (if any) Executive may be entitled to receive under any 401(k) plan
established by Company; 
 (b) affect Executive’s right (if any) to elect and (subject to Section 4(a)(ii) above)
pay for continuation of Executive’s health insurance coverage under Company’s health plans pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 (C.O.B.R.A.), as amended; or 

(c) affect Executive’s right (if any) to receive (i) any base salary that has accrued through the Separation Date and
is unpaid, (ii) any reimbursable expenses that Executive has incurred before the Separation Date but are unpaid (subject to the Company’s expense reimbursement policy) and (iii) any unused paid time off days to which Executive is
entitled to payment as of the Separation Date, all of which shall be paid as soon as administratively practicable (and in any event within thirty (30) days) after the Separation Date. 

6. Restrictive Covenants. 

(a) Definitions. For purposes of this Agreement, the following terms shall have the following meanings: 

(i) “Business of the Company” means services to (A) identify clients’ erroneous or improper payments,
(B) assist clients in the recovery of monies owed to them as a result of overpayments and overlooked discounts, rebates, allowances and credits, and (C) assist clients in the improvement and execution of their procurement and payment
processes. 
 (ii) “Confidential Information” means any information about the Company or the Company’s
subsidiaries and their employees, customers and/or suppliers which is not generally known outside of the Company or the Company’s subsidiaries, which Executive learned in connection with Executive’s employment with the Company, and which
would be useful to competitors or the disclosure of which would be damaging to the Company or the 

  
 - 4 - 

 
Company’s subsidiaries. Confidential Information includes, but is not limited to: (A) business and employment policies, marketing methods and the targets of those methods, finances,
business plans, promotional materials and price lists; (B) the terms upon which the Company or the Company’s subsidiaries obtains products from their suppliers and sells services and products to customers; (C) the nature, origin,
composition and development of the Company or the Company’s subsidiaries’ services and products; and (D) the manner in which the Company or the Company’s subsidiaries provide products and services to their customers. 

(iii) “Material Contact” means contact in person, by telephone, or by paper or electronic correspondence in
furtherance of the Business of the Company. 
 (iv) “Restricted Territory” means, and is limited to, the geographic
area described in Exhibit B attached hereto. Executive acknowledges and agrees that this is the area in which the Company and its subsidiaries did business, and in which the Executive had responsibility, at a minimum, on behalf of the Company
and the Company’s subsidiaries. 
 (v) “Trade Secrets” means the trade secrets of the Company or the
Company’s subsidiaries as defined under applicable law. 
 (b) Confidentiality. Executive agrees that the Executive will not
directly or indirectly, use, copy, disclose or otherwise distribute to any other person or entity: (a) any Confidential Information for a period of five (5) years after the Separation Date; or (b) any Trade Secret at any time such
information constitutes a trade secret under applicable law. Upon the termination of Executive’s employment with the Company (or upon the earlier request of the Company), Executive shall promptly return to the Company all documents and items in
the Executive’s possession or under the Executive’s control which contain any Confidential Information or Trade Secrets. 
 (c)
Non-Competition. Executive agrees that for a period of two (2) years after the Separation Date, Executive will not, either for himself or on behalf of any other person or entity, compete with the Business of the Company within the
Restricted Territory by performing activities which are the same as or similar to those performed by Executive for the Company or the Company’s subsidiaries. 

(d) Non-Solicitation of Customers. Executive agrees that for a period of two (2) years after the Separation Date, Executive shall
not, directly or indirectly, solicit any actual or prospective customers of the Company or the Company’s subsidiaries with whom Executive had Material Contact, for the purpose of selling any products or services which compete with the Business
of the Company. 
 (e) Non-Recruitment of Employees or Contractors. Executive agrees that for a period of two (2) years after
the Separation Date, Executive will not, directly or indirectly, solicit or attempt to solicit any employee or contractor of the Company or the Company’s subsidiaries with whom Executive had Material Contact, to terminate or lessen such
employment or contract. 

  
 - 5 - 

 (f) Obligations of the Company. The covenants of Executive contained in the covenants of
Confidentiality, Non-Competition, Non-Solicitation of Customers and Non-Recruitment of Employees or Contractors set forth in Subsections 6(b) - 6(e) above (“Protective Covenants”) were made by Executive in consideration for the
Company’s agreement to provide Confidential Information to Executive during his employment, and intended to protect Company’s Confidential Information and the investments the Company made in training Executive and developing customer
goodwill. 
 (g) Acknowledgments. Executive hereby acknowledges and agrees that the covenants contained in (b) through
(e) of this Section 6 are reasonable as to time, scope and territory given the Company and the Company’s subsidiaries’ need to protect their business, customer relationships, personnel, Trade Secrets and Confidential Information.
Executive acknowledges and represents that Executive has substantial experience and knowledge such that Executive can readily obtain subsequent employment which does not violate this Agreement. 

(h) Specific Performance. Executive acknowledges and agrees that any breach of any of the Protective Covenants by him will cause
irreparable damage to the Company or the Company’s subsidiaries, the exact amount of which will be difficult to determine, and that the remedies at law for any such breach will be inadequate. Accordingly, Executive agrees that, in addition to
any other remedy that may be available at law, in equity, or hereunder, the Company shall be entitled to specific performance and injunctive relief, without posting bond or other security, to enforce or prevent any violation of any of the Protective
Covenants by him. 
 7. Return of all Property and Information of Company. Executive agrees to return all property of the
Company and the Company’s subsidiaries and information within seven (7) days following the Separation Date. Such property includes, but is not limited to, the original and any copy (regardless of the manner in which it is recorded) of all
information provided by the Company or the Company’s subsidiaries to the Executive or which the Executive has developed or collected in the scope of the Executive’s employment, as well as all issued equipment, supplies, accessories,
vehicles, keys, instruments, tools, devices, computers, cell phones, materials, documents, plans, records, notebooks, drawings, or papers. Upon request by the Company, the Executive shall certify in writing that all copies of information subject to
this Agreement located on the Executive’s computers or other electronic storage devices have been permanently deleted. Provided, however, the Executive may retain copies of documents relating to any employee benefit plans applicable to the
Executive and income records to the extent necessary for the Executive to prepare the Executive’s individual tax returns. 

  
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 8. No Harassing or Disparaging Conduct. 

(a) Executive further agrees and promises that Executive will not engage in, or induce other persons or entities to engage in, any harassing or
disparaging conduct or negative or derogatory statements directed at or about Company or its subsidiaries or affiliates, the activities of Company or its subsidiaries or affiliates, or the Releasees at any time in the future. Notwithstanding the
foregoing, Executive will not be liable for any unauthorized statements made by any other person or entity, and this Section 8(a) may not be used to penalize Executive for providing truthful testimony under oath in a judicial or administrative
proceeding or complying with an order of a court or government agency of competent jurisdiction. 
 (b) The Company agrees that the
directors and executive officers of Company will not engage in, or induce other persons or entities to engage in, any harassing or disparaging conduct or negative or derogatory statements directed at or about Executive at any time in the
future. Notwithstanding the foregoing, the Company will not be liable for any unauthorized statements made by any other employee of the Company, and this Section 8(b) may not be used to penalize the Company for any director, officer or
employee providing truthful testimony under oath in a judicial or administrative proceeding or complying with an order of a court or governmental agency of competent jurisdiction.

9. Construction of Agreement and Venue for Disputes. This Agreement shall be deemed to have been jointly drafted by the
Parties and shall not be construed against either Party. This Agreement shall be governed by the law of the State of Georgia, and the Parties agree that any actions arising out of or relating to this Agreement or Executive’s employment with
Company must be brought exclusively in either the United States District Court for the Northern District of Georgia, or the State or Superior Courts of Cobb County, Georgia. Notwithstanding the pendency of any proceeding, either Party shall be
entitled to injunctive relief in a state or federal court located in Cobb County, Georgia upon a showing of irreparable injury. The Parties consent to personal jurisdiction and venue solely within these forums and solely in Cobb County, Georgia and
waive all otherwise possible objections thereto. The prevailing Party shall be entitled to recover its costs and attorneys fees from the non-prevailing Party in any such proceeding no later than ninety (90) days following the final resolution
of any such proceeding. The existence of any claim or cause of action by Executive against Company or Company’s subsidiaries or affiliates, including any dispute relating to the cessation of Executive’s employment or under this Agreement,
shall not constitute a defense to enforcement of said covenants by injunction.  
 10. Mitigation. Executive
shall not be required to mitigate the amount of any payment Company is obligated to make to Executive under this Agreement, by seeking other employment or otherwise. Except as specifically provided herein, the amount of any payment provided for in
this Agreement shall not be reduced, offset or subject to recovery by Company by reason of any compensation earned by Executive as the result of employment by another employer after the Separation Date or otherwise. 

  
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 11. Severability. If any provision of this Agreement shall be held void,
voidable, invalid or inoperative, no other provision of this Agreement shall be affected as a result thereof, and accordingly, the remaining provisions of this Agreement shall remain in full force and effect as though such void, voidable,
invalid or inoperative provision had not been contained herein. 
 12. No Reliance Upon Other Statements. This
Agreement is entered into without reliance upon any statement or representation of any Party hereto or any Party hereby released other than the statements and representations contained in writing in this Agreement (including all Exhibits hereto).
 
 13. Entire Agreement. This Agreement, including all Exhibits hereto (which are incorporated herein by this
reference), contains the entire agreement and understanding concerning the subject matter hereof between the Parties hereto. No waiver, termination or discharge of this Agreement, or any of the terms or provisions hereof, shall be binding upon
either Party hereto unless confirmed in writing. This Agreement may not be modified or amended, except by a writing executed by both Parties hereto. No waiver by either Party hereto of any term or provision of this Agreement or of any default
hereunder shall affect such Party’s rights thereafter to enforce such term or provision or to exercise any right or remedy in the event of any other default, whether or not similar. 

14. Further Assurance. Upon the reasonable request of the other Party, each Party hereto agrees to take any and all
actions, including, without limitation, the execution of certificates, documents or instruments, necessary or appropriate to give effect to the terms and conditions set forth in this Agreement. 

15. No Assignment. Neither Party may assign this Agreement, in whole or in part, without the prior written consent of the
other Party, and any attempted assignment not in accordance herewith shall be null and void and of no force or effect. 
 16.
Binding Effect. This Agreement shall be binding on and inure to the benefit of the Parties and their respective heirs, representatives, successors and permitted assigns. 

17. Indemnification. Company understands and agrees that any indemnification obligations under its governing documents or
the indemnification agreement between Company and Executive with respect to Executive’s service as an officer of Company remain in effect and survive the termination of Executive’s employment under this Agreement as set forth in such
governing documents or indemnification agreement. 
 18. Nonqualified Deferred Compensation. 

(a) It is intended that any payment or benefit which is provided pursuant to or in connection with this Agreement which is considered to be
deferred compensation subject to Section 409A of the Code shall be paid and provided in a manner, and at such time and form, as complies with the applicable requirements of Section 409A of the Code to avoid the unfavorable tax consequences
provided therein for non-compliance. 
 (b) Neither Company nor Executive shall take any action to accelerate or delay the payment of any
monies and/or provision of any benefits in any manner which would not be in compliance with Section 409A of the Code (including any transition or grandfather rules thereunder). 

  
 - 8 - 

 (c) Because Executive is a “specified employee” for purposes of
Section 409A(a)(2)(B)(i) of the Code, any payments to be made or benefits to be delivered in connection with Executive’s “Separation from Service” (as determined for purposes of Section 409A of the Code) that constitute
deferred compensation subject to Section 409A of the Code shall not be made until the earlier of (i) Executive’s death or (ii) six (6) months after Executive’s Separation from Service (the “409A Deferral
Period”) as required by Section 409A of the Code. Payments otherwise due to be made in installments or periodically during the 409A Deferral Period shall be accumulated and paid in a lump sum as soon as the 409A Deferral Period ends, and
the balance of the payment shall be made as otherwise scheduled. Any such benefits subject to the rule may be provided under the 409A Deferral Period at Executive’s expense, with Executive having a right to reimbursement from Company once the
409A Deferral Period ends, and the balance of the benefits shall be provided as otherwise scheduled. 
 (d) For purposes of this Agreement,
all rights to payments and benefits hereunder shall be treated as rights to receive a series of separate payments and benefits to the fullest extent allowed by Section 409A of the Code. 

(e) Notwithstanding any other provision of this Agreement, neither Company nor its subsidiaries or affiliates shall be liable to Executive if
any payment or benefit which is to be provided pursuant to this Agreement and which is considered deferred compensation subject to Section 409A of the Code otherwise fails to comply with, or be exempt from, the requirements of Section 409A
of the Code. 
 IN WITNESS WHEREOF, the Parties have executed, or caused their duly authorized representatives to execute, this
Agreement as of the day and year first above written. 
  

			
	“Executive”
	
	/s/ Romil Bahl
		 	Romil Bahl

  

			
	 “Company”
  

PRGX GLOBAL, INC.

		
	By:	 	/s/ Victor A. Allums
		
	Title:	 	Senior Vice President and General Counsel

  

  
 - 9 - 

 EXHIBIT A 

Form of Release 

RELEASE 
 In
consideration for the undertakings and promises set forth in that certain Separation Agreement, dated as of             , 2013 (the “Agreement”), between ROMIL BAHL
(“Executive”) and PRGX GLOBAL, INC. (“Company”), Executive (on behalf of himself and his heirs, assigns and successors in interest) unconditionally releases, discharges, and holds harmless Company and its subsidiaries and
affiliates and their respective officers, directors, employees, agents, insurers, assigns and successors in interest (collectively, “Releasees”) from each and every claim, cause of action, right, liability or demand of any kind and nature,
and from any claims which may be derived therefrom (collectively “Released Claims”), that Executive had, has, or might claim to have against Releasees at the time Executive executes this Agreement, whether presently known or unknown to
Executive, including, without limitation, any and all claims listed below, other than any such claims Executive has or might have under the Agreement: 

(a) arising from Executive’s employment, pay, bonuses, vacation or any other Executive benefits, and other terms and
conditions of employment or employment practices of Company; 
 (b) arising out of or relating to the cessation of
Executive’s employment with Company; 
 (c) based on discrimination and/or harassment on the basis of race, color,
religion, sex, national origin, handicap, disability, age or any other category protected by law under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, Executive Order 11246, the Age Discrimination in Employment Act, the
Older Workers Benefits Protection Act, the Equal Pay Act, the Americans With Disabilities Act, the Rehabilitation Act of 1973, C.O.B.R.A. (as any of these laws may have been amended) or any other similar labor, employment or anti-discrimination law
under state, federal or local law; 
 (d) based on any contract, tort, whistleblower, personal injury wrongful discharge
theory or other common law theory; or 
 (e) arising under the Employment Agreement or any other written or oral agreements
between Executive and Company or any of Company’s subsidiaries (other than the Agreement). 
 Executive covenants not to sue or
initiate any claims against any of the Releasees on account of any Released Claim or to incite, assist or encourage other persons or entities to bring claims of any nature whatsoever against Company or Releasees. Executive further covenants not to
accept, recover or receive any monetary damages or any other form of relief which may arise out of or in connection with any administrative remedies which may be filed with or pursued independently by any governmental agency or agencies, whether
federal, state or local. 

  
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 Executive hereby acknowledges that Executive has no interest in reinstatement, reemployment or
employment with Company, and Executive forever waives any interest in or claims of right to any future employment by Company. Executive further covenants not to apply for future employment with Company or otherwise seek or encourage reinstatement.

 By signing this Release, Executive certifies that: 

(a) Executive has carefully read and fully understands the provisions of this Release; 

(b) Executive was advised by Company in writing, via this Release, to consult with an attorney before signing this Release;

 (c) Executive understands that any discussions he may have had with counsel for Company regarding his employment or this
Release does not constitute legal advice to him and that he has retained his own independent counsel to render such advice; 

(d) Executive understands that this Agreement FOREVER RELEASES Company and all other Releasees from any legal action arising
prior to the date of execution of this Agreement; 
 (e) In signing this Agreement, Executive DOES NOT RELY ON AND HAS NOT
RELIED ON ANY REPRESENTATION OR STATEMENT (WRITTEN OR ORAL) NOT SPECIFICALLY SET FORTH IN THIS RELEASE OR THE AGREEMENT by Company or any other Releasee, or by any of their agents, representatives, or attorneys with regard to the subject matter,
basis, or effect of this Agreement or otherwise; 
 (f) Company hereby allows Executive no less than twenty-one
(21) days from its initial presentation to Executive to consider this Release before signing it, should Executive so desire; and 

(g) Executive agrees to its terms knowingly, voluntarily and without intimidation, coercion or pressure. 

Executive may revoke this Release within seven (7) calendar days after signing it. To be effective, such revocation must be received in
writing by the General Counsel of Company at the offices of Company at 600 Galleria Parkway, Suite 100, Atlanta, Georgia 30339. Revocation can be made by hand delivery or facsimile before the expiration of this seven (7) day period. 

  
 2 of 3 

 IN WITNESS WHEREOF, the undersigned has executed this Release as of the date set forth
below. 
  

	
	“Executive”
	
	  

	Romil Bahl
	
	Dated:                         , 2013

  
 3 of 3 

 EXHIBIT B 

Restricted Territory 
 “Restricted
Territory” refers to all of the geographic areas described in I. and II. below, collectively. 
  

	I.	All of the following Metropolitan Statistical Areas in the U.S., collectively: 

Baltimore-Towson, MD 

Fayetteville-Springdale-Rogers, AR-MO 

Danville, IL 

Charlotte-Gastonia-Concord, NC-SC 

Dallas-Fort Worth-Arlington, TX 

Chicago-Naperville-Joliet, IL-IN-WI 

Boise City-Nampa, ID 

Minneapolis-Saint Paul-Bloomington, MN-WI 

New York-Northern NJ-Long Island, NY-NJ-PA 

Phoenix-Mesa-Scottsdale, AZ 

Miami-Fort Lauderdale-Pompano Beach, FL 

Waco, TX 
 Milwaukee-Waukesha-West
Allis, WI 
 Memphis, TN-MS-AR 

Seattle-Tacoma-Bellvue, WA 

Trenton-Ewing, NJ 

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 

Harrisburg-Carlisle, PA 

Atlanta-Sandy Springs-Marietta, GA 
 II. All of
the area within the city limits of the following cities and within 25 kilometers of the city limits of the following cities, collectively: 

Brampton, Ontario, Canada 

Cambridge, Ontario, Canada 

Mississauga, Ontario, Canada 

Toronto, Ontario, Canada 

Montreal, Quebec, Canada 

Calgary, Alberta, Canada 
 Mexico
City, Mexico 
 San Paulo, Brazil 

Hemel Hempstead, United Kingdom 

London, United Kingdom 
 Luton,
United Kingdom 
 Manchester, United Kingdom 

Lyon — Saint Etienne, France 

  
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 Paris, France 

Madrid, Spain 
 Stockholm, Sweden

 Hong Kong, China 
 Shanghai,
China 
 Bangkok, Thailand 

Sydney, Australia 
 Auckland, New
Zealand 

  
 2 of 2

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