Document:

Exhibit 10.02

 

SERVICES AGREEMENT

 

This Agreement is made as of the ________
day of ________, 20__ between: (1) _________ (“Service Provider”) and (2) Millburn Ridgefield Corporation (“Millburn”)
and Global Macro Trust (the “Fund”)

 

Recitals

 

		A.	The Fund is a publicly offered commodity pool whose interests
are registered with the Securities and Exchange Commission under the Securities Act of 1933.

 

		B.	The Fund wishes to have Service Provider provide to Fund or on its behalf certain administrative services with respect to beneficial
owners of the Fund’s Series [ ] Units ("Interest or Unit Holder(s)") which Service Provider has made available
to Interest or Unit Holders through securities brokerage accounts carried by Service Provider on its own behalf or on behalf of
its correspondents ("Correspondents").

 

		C.	Service Provider agrees to provide such services in accordance with the terms and conditions set forth herein.

 

		D.	Service Provider acts as broker for its customers to effect the purchase, redemption or exchange of Interests or Units of investment
funds.

 

AGREEMENT

 

Therefore, in consideration of the mutual
promises set forth herein, the parties agree as follows:

 

		I.	Interest or Unit Holder Services

 

		A.	Interest or Unit Holder Account Set-up and Maintenance

 

Service Provider shall maintain and provide to Correspondents
adequate facilities and procedures to: (1) establish and maintain Fund investments on behalf of Interest or Unit Holders within
a consolidated brokerage account(s) on the Service Provider transaction processing and recordkeeping system, and (2) access Interest
or Unit Holders' current Fund information including, but not limited to, share balances, dividend information and transaction history.

 

		B.	Interest or Unit Holder Assistance

 

Service Provider shall make available to Correspondents any
information maintained by Service Provider as may be necessary for Correspondents to support and resolve Interest or Unit Holder
servicing inquiries. Service Provider personnel will assist Correspondents in the investigation of Interest or Unit Holder inquiries
when necessary. Service Provider will support Interest or Unit Holder service inquiries from Interest or Unit Holders who maintain
brokerage accounts with Service Provider.

 

    	 	- 1 -	 

     

    

 

		C.	Transaction Processing and Settlement

 

The Service Provider transaction processing system shall enable
Interest or Unit Holders to purchase and redeem Interests or Units of Funds available through Service Provider. Service Provider
shall facilitate settlement with Fund of Interest or Unit Holder transactions in such Fund insofar as such transactions are requested
to Service Provider or Correspondents on behalf of Interest or Unit Holders. Transaction requests will be communicated via physical
application and tender documents created and maintained by the Fund. Fund will not execute transactions in special custody accounts
for the exclusive benefit of customers of Service Provider without explicit authorization from Service Provider. Investment, redemption,
and distribution proceeds will be moved between parties via Federal Funds Wire in accordance with the Fund’s and Service
Provider’s wire instructions.

 

		D.	Interest or Unit Holder Account Statement Preparation and
Distribution

 

With respect to each Interest or Unit Holder holding Fund investments
through Service Provider, Service Provider shall deliver or cause to be delivered statements, in written or electronic format,
to such Interest or Unit Holder at least quarterly. Statements will include transaction details for the statement period for each
Fund in which Interests or Units were purchased or redeemed and a summary of the number of Fund Interests or Units owned and share
value thereof as of the statement date to the extent such value is provided by the Fund.

 

		E.	Confirmation Preparation and Distribution

 

Service Provider shall generate a written confirmation for each
purchase and redemption transaction affecting each Interest or Unit Holder's Fund investments held through Service Provider to
the extent such confirmation is required by federal security laws, and such confirmation shall be distributed to Interest or Unit
Holders in written or electronic format through or on behalf of Service Provider or Correspondents.

 

		F.	Payment of Fund Distributions

 

Service Provider shall distribute to Interest or Unit Holders
all dividend, capital gain or other payments authorized by the Fund and distributed to and received by Service Provider, if any,
and such distributions shall be credited to Interest or Unit Holders in accordance with the instructions provided by each Interest
or Unit Holder, including, but not limited to, dividend reinvestment into the Fund or cash payments of distributions.

 

		G.	Offering Memorandum Fulfillment

 

Prior to any Interest or Unit Holder’s acquisition of
Interests or Units by purchase or transfer, the Fund shall provide, or shall cause a Selling Agent to provide in written or electronic
form an Offering Memorandum for such Fund to the extent such Offering Memorandum is required by federal security laws. Subsequent
to any Interest or Unit Holder's acquisition of Interests or Units by purchase or transfer, the Fund shall provide or cause a Selling
Agent to provide to such Interest or Unit Holder annually, in written or electronic form, an Offering Memorandum for such Fund
to the extent such Offering Memorandum is required by federal security laws with respect to such acquisition and is provided by
the Fund to Service Provider or its designee.

 

The Fund and Millburn acknowledge and agree that Service Provider
is not responsible for: (i) the compliance of any Offering Memorandum or supplement thereto, annual report, proxy statement or
item of advertising or marketing material of or relating to any Fund, with any applicable laws, rules or regulations; (ii) the
registration or qualification of any Interests or Units of any Fund under any federal or applicable state laws; or (iii) the compliance
by any Fund or Fund/Agent or any "affiliated person" (as that term is defined in the rules under the Investment Company
Act of 1940, as amended), with any applicable federal or state law, rule, or regulation or the rules and regulations of any self-regulatory
organization with jurisdiction over such Fund, Fund/Agent or affiliated person.

 

    	 	- 2 -	 

     

    

 

		H.	Account Level Tax Reporting

 

Service Provider shall provide to Interest or Unit Holders through
Service Provider or Correspondent such reports and information as may be required by the then-prevailing laws and regulations under
the Internal Revenue Code for non-retirement accounts and qualified and non-qualified retirement plan accounts. Millburn affirms
that the Interests or Units are subject to IRS schedule K-1 reporting and acknowledges such reporting will be provided directly
to the beneficial owners by the Fund or Millburn or their representatives.

 

		II.	Representations and Warranties

 

		A.	The Fund and Millburn each represent and warrant that:

 

		(1)	it has the requisite authority to enter into this Agreement
on its own behalf;

 

(2)           it
is in conformity with all federal or state laws, rules or regulations or the rules and regulations of any self-regulatory organization
to which it is subject;

 

(3)          all sales charges
detailed in the Fund's Offering Memorandum are not excessive as defined by FINRA Rule 2310; and

 

(4)          the payment to
Service Provider of any fees pursuant hereto:

 

		(a)	has been duly authorized by the Fund, Millburn, its Board
of Directors, or any other persons to the extent such authorization is required to properly make such payment;

		(b)	is properly disclosed in the relevant Fund Offering Memorandum to the extent such disclosure may be required; and

		(c)	is in conformity with all federal or state laws, rules or regulations or the rules and regulations of any self-regulatory organization
to which the Fund or its agents are subject.

 

B.            Service Provider
represents and warrants that:

 

(1)           it is a [Limited
Liability Company] duly organized under the laws of the State of [Delaware] and is duly registered and/or qualified as a broker/dealer
with the SEC, FINRA and in every state or territory of the United States of America (including the District of Columbia) where
such registration or qualification is required and has the requisite authority to enter into this Agreement and to carry out the
services contemplated herein;

 

(2)           the execution and
delivery of this Agreement and the performance of the services contemplated herein have been duly authorized by all necessary corporate
action on its part, and this Agreement constitutes the valid and binding obligations of Service Provider;

 

(3)           it is in material
conformity with all federal, state and industry laws or regulations to which it is subject;

 

(4)           it has established
an anti-money laundering compliance program, and that its implementation of the program complies in all material respects with
applicable law and regulations; and

 

(5)           it has adopted
policies and practices related to the protection of non-public personal information pursuant to SEC Regulation S-P. These policies
and practices are designed to comply with Regulation S-P in all material respects, including, but not limited to, the obligation
to provide appropriate administrative, technical and physical safeguards reasonably designed to (i) ensure the security and confidentiality
of customer records and information; (ii) protect against any anticipated threats or hazards to the security or integrity of customer
records and information; and (iii) protect against unauthorized access to or use of customer records or information that could
result in substantial harm or inconvenience to any customer.

 

    	 	- 3 -	 

     

    

 

C.            Each party hereto
represents and warrants that it shall provide to the others such information or documentation necessary for such party to fulfill
its obligations hereunder, such other information or documentation as any party may reasonably request, and that it shall comply
with such operating policies and procedures as the parties may jointly adopt from time to time.

 

		III.	Fees

 

Definitions.
As used herein, these terms are defined as follows:

 

		A.	Servicing Asset Based Fee

 

For the services provided by Service Provider hereunder, Millburn
shall pay to Service Provider a fee with respect to each Fund, which fee shall be based upon a percentage per annum of the month
end value of the aggregate number of Interests or Units of the Fund held by Service Provider for the accounts of customers of Service
Provider and Correspondents. Such fee shall be calculated and paid in accordance with Exhibit A hereto.

 

		B.	Start up Fees

 

Millburn shall pay to Service Provider a one-time start up fee
(“Start Up Fee”) for Service Provider’s initial set up and preparation to support the Fund. The amount of the
Start Up Fee is set forth on Exhibit A and shall be due and payable to Service Provider upon the earlier of: (i) 30 days from the
execution of this Agreement; or (ii) the availability of any such Fund to customers of Service Provider and Correspondents. The
identity and description of each Fund which is subject to this Agreement shall be set forth in Exhibit B, as amended from time
to time.

 

		C.	CUSIP Fee

 

Millburn shall pay to Service Provider a fee (“CUSIP Fee”)
to add any Fund to Service Provider’s computer system in order to make such Fund available to customers of Service Provider
and Correspondents. The amount of the CUSIP Fee is set forth on Exhibit A, and shall be due and payable to Service Provider upon
the earlier of: (i) the date such fund is identified on Exhibit B; or (ii) the availability of such Fund to customers of Service
Provider or Correspondents.

 

		D.	Maintenance Fee

 

Millburn shall pay to Service Provider an annual maintenance
fee (“Maintenance Fee”) with respect to certain Funds as set forth on Exhibit A.

 

As set forth in Exhibit A, fees described in this section III
are subject to change. In the event of material changes to the scope of services provided hereunder, the parties agree to negotiate
in good faith as to the appropriate amendment to the fees due Service Provider.

 

		IV.	Indemnification

 

Millburn shall indemnify and hold harmless Service Provider
and each officer, employee and agent of Service Provider from and against any and all claims, demands, actions, losses, damages,
liabilities, or costs, charges, counsel fees, and expenses of any nature ("Losses") arising out of: (i) any inaccuracy
or omission in any Offering Memorandum or supplement thereto, registration statement, annual report, or proxy statement of Fund;
(ii) any inaccuracy or omission in any advertising or promotional material provided to, reviewed by, or generated by Fund;
(iii) any breach by Fund or Millburn of any representation, warranty, covenant, or agreement contained in this Agreement; or (iv)
any action taken or omitted to be taken by Service Provider pursuant to this Agreement, except to the extent such Losses result
from Service Provider's breach of this Agreement, willful misconduct, or gross negligence.

 

    	 	- 4 -	 

     

    

 

Service Provider shall indemnify and hold harmless Fund and
Millburn and their respective officers, employees and agents from and against any and all Losses arising out of: (i) Service Provider’s
dissemination of information regarding Fund that contains any inaccuracies or omissions unless such information was provided to
and reviewed by, or generated by, Fund or Millburn; (ii) any breach by Service Provider of any representation, warranty, covenant,
or agreement contained in this Agreement; and (iii ) any Losses resulting from Service Provider's willful misconduct or gross negligence.

 

		V.	Confidentiality

 

Each party acknowledges and understands that with respect to
the activities described in this agreement any and all technical, trade secret, or business information, including, without limitation,
financial information, business or marketing strategies or plans, product development or customer information ("Proprietary
Information") shared by one party with the other is confidential and proprietary, constitutes trade secrets of the owner of
such Proprietary Information, and is of great value and importance to the success of the owner's business. The recipient of any
such Proprietary Information agrees to use its best efforts (the same being not less than that employed to protect its own proprietary
information) to safeguard any Proprietary Information received from the other party and to prevent the unauthorized, negligent
or inadvertent use or disclosure thereof. The recipient of any such Proprietary Information shall not, without the prior written
approval of any officer of the owner, directly or indirectly, disclose the Proprietary Information to any person or business entity
except for a limited number of employees, attorneys, accountants and other advisors of the recipient on a need-to-know basis or
as may be required by law or regulation. The recipient of any such Proprietary Information shall promptly notify the owner in writing
of any unauthorized, negligent or inadvertent use or disclosure of Proprietary Information. The recipient of any such Proprietary
Information shall be liable under this Agreement to the owner for any use or disclosure in violation of this Agreement by it or
its employees, attorneys, accountants, or other advisors or agents.

 

The recipient of such Proprietary Information shall not have
any obligations under this Section V with respect to any information that is: (i) already known to the recipient or its affiliates
at the time of the receipt; (ii) publicly known at the time of the receipt; or (iii) independently developed by the recipient or
its affiliates. This Section V shall continue in full force and effect notwithstanding the termination of this Agreement.

 

		VI.	Effective Date, Duration and Termination

 

With respect to the Fund, this Agreement shall become effective
upon the earlier of: (i) the date such Fund is identified on Exhibit B, as amended from time-to-time; or (ii) the availability
of the Fund to customers of Service Provider and/or Correspondents. The Fund and Millburn represent that prior to the effective
date, if the Fund or Millburn requires any approval of this Agreement, such approval has been obtained. If the Fund requires any
periodic approval of this Agreement, such approval has been obtained. The Agreement shall continue in force for one year; thereafter,
this Agreement shall remain in full force and effect for successive annual periods, unless earlier terminated.

 

This Agreement is terminable as to any Fund by any party upon
60 days’ written notice thereof to the other parties or upon default hereof provided that such default shall not terminate
this Agreement to the extent the defaulting party has been notified of such default by the non-defaulting party and the defaulting
party cures such default within 10 business days of notice of such default.

 

    	 	- 5 -	 

     

    

 

After the date of termination as to any Fund, no fee will be
due with respect to any Interests or Units of such Fund that are first placed or purchased in Service Provider or Correspondent
customer accounts after the date of such termination. However, notwithstanding any such termination, Millburn will remain obligated
to pay Service Provider the fee as to each share of such Fund that was considered in the calculation of the fee as of the date
of such termination, for so long as such share is held in the Service Provider or Correspondent account. This Agreement, or any
provision hereof, shall survive termination to the extent necessary for each party to perform its obligations with respect to Interests
or Units for which a fee continues to be due subsequent to such termination.

 

		VII.	Miscellaneous

 

		A.	Suspension of Availability

 

Notwithstanding any other provision of this Agreement, Service
Provider may suspend the availability of any Fund for purchases, redemptions or exchanges by Interest or Unit Holders for any reason,
including but not limited to, court order or regulatory concerns.

 

		B.	Custody

 

Millburn and the Fund acknowledge that Fund Interests or Units
maintained by the Fund for Interest or Unit Holders hereunder are held in custody for the exclusive benefit of customers of Service
Provider or its Correspondents and shall be held free of any right, charge, security interest, lien or claim against Service Provider
in favor of the Fund or its agents acting on behalf of the Fund. Accordingly, Fund must confirm such acknowledgment in Exhibit
C.

 

		C.	Use of Service Provider Name

 

The Fund will not, nor will Fund’s general partner cause
or permit the Fund to, describe or refer to the name "__________" or any derivation thereof or any affiliate thereof,
or to the services or relationship contemplated by this Agreement in any advertisement or promotional materials or activities without
the prior written consent of an authorized officer of Service Provider, provided, however, that once Service Provider has authorized
generic references of the availability of the Funds through Service Provider or its affiliates, said generic references shall not
be subject to prior written consent.

 

		D.	Non-exclusivity

 

Each party acknowledges that each other party, unless otherwise
agreed to in writing, may enter into agreements similar to this Agreement with other parties for the performance of services similar
to those provided under this Agreement.

 

		E.	Force Majeure

 

Neither Service Provider nor its affiliates shall be liable
to Fund or Millburn for any damage, claim or other loss whatsoever caused by circumstances or events beyond its reasonable control.

 

		F.	Arbitration

 

In the event of a dispute between Service Provider and Millburn
and/or the Fund relating to or arising out of this Agreement or the relationship of the parties hereto, the parties will submit
the matter to arbitration in accordance with this sub-section:

 

    	 	- 6 -	 

     

    

 

		(a)	Arbitration will be held in accordance with the rules
and regulations of the FINRA Code of Arbitration Procedure, except, (i) in the event that the FINRA is unwilling to accept jurisdiction
of the matter, such arbitration will be held in accordance with the rules and regulations of the American Arbitration Association
under the Commercial Arbitration Procedures then in effect, and (ii) in the event that a non-party to this Agreement brings an
arbitration against Fund or Service Provider relating to or arising out of this Agreement, then the parties agree to arbitrate
in whichever arbitration forum such arbitration is brought. In the event that (i) a non-party initiates a judicial proceeding
against Fund or a Fund Selling Agent relating to, or arising out of, this Agreement, (ii) such claim cannot be compelled to arbitration,
and (iii) either party asserts a claim against the other party in connection with such proceeding, then the parties agree to submit
to the jurisdiction of the court in that judicial proceeding.

 

		(b)	If the arbitration is brought by one of the parties
hereto, the number of arbitrators will be three (3), and they will be selected in accordance with the rules and regulations of
the FINRA Code of Arbitration Procedure or American Arbitration Association under the Commercial Arbitration Procedures then in
effect, as appropriate. The arbitrators shall be attorneys specializing in securities law. Any award of the arbitrators will be
limited to compensatory damages and will be conclusive and binding upon the parties. The arbitration shall be governed by the
Federal Arbitration Act, 9 U.S.C. Sections 1-16, to the exclusion of state laws inconsistent therewith, and judgment upon the
award may be entered in any court having jurisdiction.

 

		(c)	Each party will bear its own expenses, including legal
and accounting fees, if any, with respect to the arbitration. The arbitrator will designate the party to bear the expenses of
the arbitration or the respective amounts of such expense to be borne by each party. Any costs, fees or taxes involved in enforcing
the award shall be fully assessed against and paid by the party resisting enforcement of the award.

 

		(d)	Nothing in this Section will prevent either party
from resorting to judicial proceedings or otherwise for injunctive relief to prevent serious irreparable harm or injury to a party
or to others

 

		G.	Notices

 

All notices and communications required or permitted by this
Agreement shall be in writing and delivered personally or sent by first class mail or federal express unless otherwise agreed.
All such notices and other communications shall be made:

 

if to Service Provider, to:

[______________]

 

if to Fund or Millburn, to:

Millburn Ridgefield Corporation

2 International Drive, Suite 140

Rye Brook, NY 10573

Attention: Eileen Grace

 

Copy to:

Millburn Ridgefield Corporation

55 West 46th Street, 31st Floor

New York, NY 10026

Attention: Gregg Buckbinder

 

    	 	- 7 -	 

     

    

 

		H.	Amendments

 

This Agreement and any Exhibits hereto other than Exhibit A
may be amended only upon the written agreement of the parties in an amendment to the existing Agreement and Exhibits.

 

		I.	Entire Agreement

 

This Agreement, including
any Amendments and Exhibits hereto, contains the entire agreement of the parties as to the subject matter hereof and supersedes
any prior agreements, written or oral.

 

		J.	Non-Assignability / Choice of Laws

 

This Agreement may not be transferred or assigned by Milburn,
the Fund or Service Provider, and shall be construed in accordance with the laws of New York.

 

		K.	Severability

 

Every provision in the Agreement is intended to be severable,
and if any term or provision hereof is held to be illegal or invalid for any reason whatsoever, such illegality or invalidity shall
not effect the validity of the remainder hereof.

 

		L	Counterparts Permitted

 

The Agreement may be executed
in one or more counterparts, each of which shall be deemed to be an original and all of which taken together shall constitute one
and the same Agreement.

 

		M.	Dealer Agreement Waiver

 

By signing this Agreement,
the Fund verifies that Fund does not require an executed Dealer Agreement from Service Provider in connection with the services
to be provided hereunder.

 

		N.	Product/Operational Attributes

 

Service Provider, Millburn and Fund acknowledge the following
attributes related to the structure of the Fund:

 

		(a)	The Fund will require a completed application or subsequent
investment form as authorization for all purchases, both new and additional, of the Fund. No trade will be placed in the Fund
without a completed account application being on file.

 

		(b)	The Fund is available for subscriptions each calendar
month. The Fund shall provide, or shall cause a duly authorized Selling Agent to provide, the subscription documents to each underlying
investor. Fund will provide details in advance of any actual subscription if elected by any Service Provider participant. The
Fund acknowledges all proceeds for Service Provider accounts related to the subscription, including “hold back” payments,
if applicable, will be paid in accordance with wire instructions provided by Service Provider. Upon receipt of the trade confirmation
and proceeds, Service Provider will process the requested subscription.

 

    	 	- 8 -	 

     

    

 

		(c)	The Fund will provide to Service Provider the estimated
Net Asset Value (“NAV”) on a [daily/weekly] basis and actual NAV on a monthly basis. Service Provider will update
its pricing systems at least one time each month.

 

		(d)	The Fund will provide Service Provider with a monthly
reconciliation file that will include statement date, Service Provider Tax ID, Fund description, Fund CUSIP, Service Provider
Interest or Unit Holder account number, Interest or Unit Holder name, Fund units, account ownership type, Interest or Unit Holder
Social Security Number, and statement date’s NAV.

 

		(e)	The Fund will provide Service Provider with a monthly
trade and transfer settlement activity file that will include Service Provider Tax ID, Fund description, Fund CUSIP, Service Provider
Interest or Unit Holder account number, Interest or Unit Holder name, Interest or Unit Holder Social Security Number, settlement
date, Fund units, investment amount, purchase/redemption NAV, and transaction type.

 

		(f)	The Fund will provide Service Provider with a distribution
file, commensurate with any dividend or capital gain payments made by the Fund, that will include Service Provider Tax ID, Interest
or Unit Holder Social Security Number, Interest or Unit Holder name, distribution amount, reinvested units, Service Provider Interest
or Unit Holder account number, reinvestment price, Fund CUSIP, and Federal Funds wire reference number. The Fund/Agent acknowledges
all proceeds for Service Provider accounts related to distributions, will be paid in accordance with wire instructions provided
by Service Provider

 

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

 

	Global Macro Trust.	 	[Service Provider]
	 	 	 	 	 
	By:	 	 	By:	 
	Name:	 	 	Name:	 
	Title:	 	 	Title:	 
	Date:	 	 	Date:	 

 

Millburn Ridgefield Corporation

 

	By:	 	 	 	 
	Name:	 	 	 	 
	Title:	 	 	 	 
	Date:	 	 	 	 

 

    	 	- 9 -	 

     

    

 

EXHIBIT A

FEE SCHEDULE

 

	1.	Start Up Fee: 	$ [       ]
	 	 	 
	2. 	CUSlP Addition Fee: 	$ [       ]  (per
CUSIP not already available on Service Provider’s computer system as of the execution date of this Services Agreement)

 

		3.	Servicing Asset Based Fee:

 

(a) For the services provided by Service Provider hereunder,
Millburn shall pay to Service Provider a fee with respect to each Fund, calculated at least monthly and paid monthly in arrears,
equal to [0.__] percent per annum of the market value of the total number of Interests or Units of such Fund held in accounts at
Service Provider (determined by multiplying the number of such Interests or Units times the month-end publicly reported net asset
value of each share), excluding the value of (i) Interests or Units held in a brokerage account prior to the effective date of
the Agreement as to the Fund issuing such Interests or Units ("Pre-Participating Assets"), and (ii) Interests or Units
first placed or purchased in a brokerage account after the termination of the Agreement as to the Fund issuing such Interests or
Units. The total number of Interests or Units of all Funds with respect to which a fee will be due to Service Provider hereunder
shall be referred to in this Exhibit A as "Participating Assets".

 

(b) After each month-end, Service Provider shall send to Millburn
a statement of the month end Net Assets of Interests or Units of the Fund for which the fee is calculated for the preceding month,
together with a statement of the amount of such fee. In the calculation of such fee, Service Provider's records shall govern unless
Millburn can demonstrate that the number of Interests or Units or Fund price(s) used in such calculation is inaccurate.

 

(c) Millburn shall pay to Service Provider such fee within 30
days after the end of the calendar month, provided Millburn's receipt of such statement. Such payment shall be by wire transfer
or other form acceptable to Service Provider and shall be separate from payments related to redemption proceeds and distributions.

 

		4.	Maintenance Fees:

 

Each Fund will be subject to a per Fund annual fee based on
December brokerage month-end assets in accordance with the following schedule:

 

	Fund Assets	 	Annual Fee	 
	 	 	 	 
	less than $2.5 million	 	$	[       ]	 
	$2.5 million - $5.0 million	 	$	[       ]	 
	greater than $5.0 million	 	 	-0-	 

 

The annual Maintenance Fee shall be waived if such Fund has
been included on Exhibit B and subject to the terms of this Agreement for less than 12 months prior to the fee calculation date.
Service Provider will not charge Fund an annual Maintenance Fee if the average assets per Fund exceeds $5 million (as measured
by dividing the total market value of all Fund Interests or Units subject to this Agreement as of December month-end by the total
number of Funds subject to this Agreement).

 

    	 	- 10 -	 

     

    

 

Upon 30 days’ prior written notice to Millburn, Service
Provider may change, amend or waive any fee or the method of payment thereof under this Agreement. Service Provider may issue to
Millburn and the Fund a new or replacement Agreement or Exhibit A. Such change, amendment or waiver shall be effective on the date
stated in such notice. The acceptance by Millburn on behalf of the Fund of any order after the date stated in such notice shall
represent Millburn's agreement to pay such fees to Service Provider.

 

The aggregate of all of the above fees will not exceed 3.1667%
of the gross offering proceeds of the Fund Interests or Units subject to this Agreement. Pursuant to FINRA Rule 2310, the aggregate
amount of underwriter compensation paid from any source will not exceed 10% of gross offering proceeds of the Fund.

 

    	 	- 11 -	 

     

    

 

EXHIBIT B

 

		I.	Funds Participating
in No Transaction Fee Fund Program (Fees as set forth in Exhibit A)

 

	 	Fund Name	 	CUSIP	 	Trading Symbol
	 	 	 	 	 	 
	1. 	Global Macro Trust	 	37943M 10 3	 	 
	 	 	 	 	 	 
	2. 	 	 	 	 	 
	 	 	 	 	 	 
	3. 	 	 	 	 	 
	 	 	 	 	 	 
	4. 	 	 	 	 	 
	 	 	 	 	 	 
	5. 	 	 	 	 	 
	 	 	 	 	 	 
	6. 	 	 	 	 	 
	 	 	 	 	 	 
	7. 	 	 	 	 	 
	 	 	 	 	 	 
	8. 	 	 	 	 	 
	 	 	 	 	 	 
	9. 	 	 	 	 	 
	 	 	 	 	 	 
	10. 	 	 	 	 	 

 

    	 	- 12 -	 

     

    

 

EXHIBIT C

 

[Date]

 

Re: Custody of Uncertificated Units of
Beneficial Interest; SEC Rule 15c3-3

 

Dear Sirs

 

____________ (“Service Provider”),
a registered broker-dealer under the Securities and Exchange Act of 1934 (“the Act”), has been asked to establish special
custody accounts for the benefit of our customers (“account(s)”) in Global Macro Trust ("Fund"). Pursuant
to an interpretation of subparagraph (c)(1) of Rule 15c3-3 (17 CFR 240.15c3-3), we are required to obtain the following affirmations
from the Fund to demonstrate possession and control of said interests. 

 

Accordingly, Service Provider requests that you confirm the
following:

 

		a)	Each such account contains only customer’s securities
and is carried free of any right, charge, lien or claim of any kind in favor of the Fund or any person claiming through the Fund;
and

		b)	Each such account will be registered as “Special
Custody Account for the Exclusive Benefit of Customers of ______________”;

		c)	The Interests in the Fund are registered with the Securities
and Exchange Commission pursuant to the Securities Act of 1933; and

		d)	The Fund shall inform Service Provider if the Fund experiences
substantial problems of an operational nature which may endanger the interests of Service Provider customer(s).

 

Please confirm the preceding provisions by signing as indicated
below and returning this original to my attention at the Service Provider address listed above. .

 

Sincerely,

 

_____________

 

CONFIRMED BY:

 

	Name: 	 	 
	Title:	 	 
	Date:	 	 

 

    	 	- 13 -Exhibit 10.1

 

AGREEMENT FOR PURCHASE AND SALE

OF REAL PROPERTY

 

this agreement
FOR PURCHASE AND SALE OF REAL PROPERTY (this “Agreement”) is made as of this 13th day of February,
2019 (the “Effective Date”), by and among Oak Street Real Estate Capital Fund IV REIT, LLC, a Delaware
limited liability company (“Buyer”), and Valley National Bank, a national banking association organized
under the laws of the United States (“Seller”).

 

for and in consideration
of the mutual promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

 

Section 1.Terms and
Definitions. The terms listed below shall have the respective meaning given them as set forth
adjacent to each term.

 

(a)       “Allocated
Earnest Money” shall mean a portion of the Earnest Money applicable to a certain Property, as set forth on Schedule
1(a).

 

(b)       “Allocated
Purchase Price” shall mean a portion of the Purchase Price applicable to a certain Property, as set forth on Schedule
1(b).

 

(c)       “Anti-Money
Laundering and Anti-Terrorism Laws” has the meaning ascribed to such term in Section 12(c) hereof.

 

(d)       “Business
Day” or “business day” means any day other than Saturday, Sunday or any federal legal holiday.

 

(e)       “Buyer’s
Notice Address” shall be as follows, except as same may be changed pursuant to Section 15 hereof:

 

(f)        “Closing”
shall mean the consummation of the transactions contemplated by this Agreement.

 

    	 	Schedule 11(f)
	 

     

    

 

(g)       “Closing
Date” shall mean the actual date of Closing, as provided in Section 10 hereof.

 

(h)       “Contracts”
shall mean those certain contracts or agreements affecting each Property as listed on Schedule 1(h) attached hereto.

 

(i)        “Claim
Cap” has the meaning ascribed to such term in Section 9(c) hereof.

 

(j)        “Code”
has the meaning ascribed to such term in Section 11(k) hereof.

 

(k)       “Demand”
has the meaning ascribed to such term in Section 8(b) hereof.

 

(l)        “Earnest
Money” shall mean FIVE MILLION AND NO/100 DOLLARS ($5,000,000.00) (together with all interest accrued thereon).

 

(m)     
“ERISA” has the meaning ascribed to such term in Section 11(k) hereof.

 

(n)       “Environmental
Laws” has the meaning ascribed to such term in Section 11(i) hereof.

 

(o)       “Examination
Period” shall mean the period beginning on the Effective Date and extending until 6:00 p.m. (New York, New York time)
on the date which is thirty (30) days from the Effective Date.

 

(p)       “Executive
Order” has the meaning ascribed to such term in Section 12(c) hereof.

 

(q)       “FIRPTA”
has the meaning ascribed to such term in Section 11(g) hereof.

 

(r)       “Hazardous
Substances” shall mean any hazardous or toxic materials, substances or wastes, such as (a) substances defined as
“hazardous substances”, “hazardous materials” or “toxic substances” in the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, (42 USC Section 9601, et seq.) and/or the Hazardous Materials Transportation
Act (49 USC Section 1801, et seq.), as either of such acts are amended from time to time; (b) any materials, substances or wastes
which are toxic, ignitable, corrosive or reactive and which are regulated by any local governmental authority, any agency of the
State of New Jersey or any agency of the United States of America; (c) asbestos, petroleum and petroleum based products, urea formaldehyde
foam insulation, polychlorinated biphenyls (PCBs), and freon and other chlorofluorocarbons; and (d) those substances defined as
any of the foregoing in the regulations adopted and publications promulgated pursuant to each of the aforesaid laws.

 

(s)       “Lease”
and “Leases” shall mean, individually or collectively as the context may require, those certain leases
to be entered into at Closing by and between Buyer, as landlord, and Tenant, as tenant, with respect to each Property, each in
the form attached hereto as Exhibit C. The annual and monthly Base Rent (as defined in the Lease) to be paid under the Lease
for each Property is set forth in Schedule 1(s) hereof.

 

    	 		 

     

    

 

(t)        “New
Exception” has the meaning ascribed to such term in Section 6(a) hereof.

 

(u)       “New
Exception Review Period” has the meaning ascribed to such term in Section 6(a) hereof.

 

(v)       “Objections”
has the meaning ascribed to such term in Section 6(a) hereof.

 

(w)  
   “Permitted Exceptions” has the meaning ascribed to such term in Section 5
hereof.

 

(x)       “Property”
and “Properties” shall mean, individually or collectively as the context may require, (a) those certain
real properties listed and more particularly described on Exhibit A, attached hereto and incorporated herein by this reference
(individually or collectively, as the context may require, the “Real Property”), together with all buildings,
facilities and other improvements located thereon (individually or collectively, as the context may require, the “Improvements”);
(b) all right, title and interest of Seller, if any, to any unpaid award as of the Closing for (1) any taking or condemnation of
the Real Property or any portion thereof, or (2) any damage to the Real Property or the Improvements by reason of a change of grade
of any street or highway; and (c) all easements and appurtenances relating to any of the foregoing (individually or collectively,
as the context may require, the “Intangible Property”).

 

(y)       “Plan”
has the meaning ascribed to such term in Section 11(k) hereof.

 

(z)       “Purchase
Price” shall mean the sum of ONE HUNDRED SEVEN MILLION ONE HUNDRED THREE THOUSAND THREE HUNDRED EIGHTY-FIVE AND 71/100
DOLLARS ($107,103,385.71.00).

 

(aa)    “Seller’s
Notice Address” shall be as follows, except as same may be changed pursuant to the Section 15 hereof:

 

Valley National Bank

1455 Valley Road

Wayne, NJ 07470

Attn: Rick Kraemer

Email: RKraemer@valley.com 

 

With a copy to:

 

Valley National Bank

1455 Valley Road

Wayne, NJ 07470

Attn: Gary Michael, Esq.

Email: GMichael@valley.com 

 

    	 		 

     

    

 

(bb)     “Survey”
has the meaning ascribed to such term in Section 6(a) hereof.

 

(cc)     “Survival
Period” has the meaning ascribed to such term in Section 9(c) hereof.

 

(dd)    “Tenant”
shall mean Valley National Bank, a national banking association organized under the laws of the United States.

 

(ee)     “Title
Insurer” shall mean First American Title Insurance Company, National Commercial Services, 30 North LaSalle Street,
Chicago, Illinois 60602, Attn: John E. Beckstedt Jr.

 

(ff)      “Title
Report” has the meaning ascribed to such term in Section 6(a) hereof.

 

(gg)    Intentionally Deleted.

 

Section 2.Proration
of Expenses and Payment of Costs and Recording Fees. 

 

(a)       Proration
of Taxes. All real estate taxes and assessments that are due and payable on or prior to the Closing Date, including by
not limited to rollback taxes, if any, due pursuant to the New Jersey Farmland Assessment Act of 1964 (N.J. Stat. § 54:4-23.1)
and the regulations promulgated thereunder, shall be paid by Seller on or prior to the Closing Date. Pursuant to the Lease, Tenant
shall be responsible for payment of real estate taxes and assessments that are due and payable after the Closing Date.

 

(b)       Proration
of Expenses. Seller and Buyer agree that in connection with entering into the Leases at Closing, there shall be no proration
of utility charges or other expenses concerning the Property whatsoever, whether accruing or payable prior to or after the Closing
Date, and that all such rents, utility charges and other expenses concerning the Property shall be borne by Tenant, as tenant under
the Lease.

 

(c)       Payment
of Costs and Recording Fees. At Closing, Seller shall pay: (i) any applicable transfer tax and (ii) recording costs in
connection with the removal of any encumbrances in accordance with this Agreement. At Closing, Buyer shall pay: (i) any applicable
“Mansion Tax”; (ii) the cost of the Title Policy and any loan title insurance policy; (iii) any escrow fees
and (iv) recording costs for the Deed. Seller and Buyer shall be responsible for their own attorneys’ fees.

 

Section 3.Payment
of Purchase Price and Earnest Money.

 

(a)       Purchase
Price. Buyer shall pay the Purchase Price to Seller on the Closing Date in accordance with all the terms and conditions
of this Agreement.

 

    	 		 

     

    

 

(b)       Earnest
Money. The Earnest Money shall be delivered to Title Insurer within five (5) business days after the execution by, and
delivery to, both parties of this Agreement. The Earnest Money shall be deposited by Buyer in escrow with Title Insurer, to be
applied as part payment of the Purchase Price at the time the sale is closed, or disbursed as agreed upon in accordance with the
terms of this Agreement.

 

Section 4.Sale of Property.
Seller agrees to sell and convey the Property to Buyer (or its permitted assignee), in each case
at the Closing upon the terms and conditions set forth in this Agreement.

 

Section 5.Title. At
Closing, Seller agrees to execute and deliver to Buyer (or its permitted assignee) a Deed in the form attached as Exhibit B
for each Property (except with respect to the Property located at 1720 Route 23, Wayne, New Jersey, which is owned by an affiliate
of Seller and for which Seller shall cause such affiliate to execute and deliver to Buyer (or its permitted assignee) a Deed in
the form attached as Exhibit B), in each case free and clear of all liens, defects of title, and encumbrances, except for
(i) the applicable Lease; (ii) rights of occupants under the subleases of space in certain of the Properties as set forth on Schedule
11(f); (iii) use and occupancy agreements as set forth on Schedule 11(f); (iv) real estate taxes, and water and sewer
charges, if any, for the current year and subsequent years that are not yet due or payable; (v) assessments for municipal improvements,
if any, for the current year and subsequent years that are not yet due or payable; (vi) zoning ordinances and building codes;
(vii) all items shown on the Surveys of the Properties; and (viii) any and all other exceptions set forth in the Title Reports
(as defined below) which Seller does not agree, and is not required, to cure under Section 6(a) herein and/or to which
Buyer waives (or is deemed to have waived) an Objection pursuant to said Section 6(a) (collectively, the “Permitted
Exceptions”). If Buyer obtains a Survey of the Real Property and requests that Seller include in any of the Deeds a
legal description in accordance with such Survey, Seller agrees to include in the Deed such legal description, in addition to
the description from Seller’s vesting deed, provided that (i) Buyer provides Seller with two original sealed prints of such
Survey certified to Seller and Greenbaum, Rowe, Smith & Davis LLP; (ii) such description accurately describes the Real Property
in accordance with such Survey, (iii) Seller shall have no liability or obligation related to any errors or inaccuracies in such
description; and (iv) Seller may include in Seller’s affidavit of title a statement that Seller has included such description
as an accommodation to, and at the request of, Buyer and makes no representation as to its accuracy 

 

    	 		 

     

    

 

Section 6.Examination
of Property.  Seller and Buyer hereby agree as follows: 

 

(a)       Title
Examination. Within two (2) business days after the Effective Date, Buyer shall order a title report with respect to each
Property (each, a “Title Report”) from the Title Insurer. Buyer may order surveys of each Property (each,
a “Survey”). Buyer shall furnish to Seller prior to the expiration of the Examination Period a statement
specifying any defects in title and/or any Survey (the “Objections”). Seller shall notify Buyer within
five (5) days after receipt of the Objections whether Seller will cure the Objections. If Seller does not respond within said five
(5) day period, Seller shall be deemed to have elected to not cure the Objections. If Seller does not agree (or is deemed to not
agree) to cure the Objections, Buyer shall have the right, by notice given to Seller and Title Insurer within three (3) business
days after receipt of Seller’s notice (or within three (3) business days of the expiration of Seller’s three (3) business
day response period, if Seller does not respond), either to (a) waive the Objections and proceed with the transactions contemplated
by this Agreement, in which event such Objections shall be Permitted Exceptions, or (b) terminate this Agreement with respect to
the applicable Property, in which event the Purchase Price shall be reduced by the applicable Allocated Purchase Price and the
applicable Allocated Earnest Money shall be paid to Buyer. If Buyer fails to elect to terminate this Agreement with respect to
such Property by notice given to Seller within said three (3) business day period, then Buyer shall be conclusively deemed to have
elected to waive the Objections. If Buyer fails to deliver the Objections to Seller prior to the expiration of the Examination
Period, then Buyer shall be deemed to have waived its right to object to any defect set forth in any of the aforesaid Title Reports
and Surveys. If at any time after the expiration of the Examination Period, any update to any Title Report or any Survey discloses
any additional item which was not disclosed on any version of or update to a Title Report or Survey delivered to Buyer prior to
the expiration of the Examination Period (the “New Exception”), Buyer shall have a period of two (2)
business days from the date of its receipt of such update (the “New Exception Review Period”) to review
and notify Seller in writing of Buyer’s approval or disapproval of the New Exception, or if no such notice is provided, such
New Exception will be deemed to have been waived, in which event such New Exception shall be a Permitted Exception.  If Buyer
disapproves of the New Exception, Seller may, in its sole discretion, notify Buyer as to whether it is willing to cure the New
Exception.  If Seller fails to deliver a notice to Buyer within two (2) business days after the expiration of the New Exception
Review Period, Seller shall be deemed to have elected not to cure the New Exception.  If Buyer is dissatisfied with Seller’s
response, or lack thereof, Buyer may, as its exclusive remedy, elect, upon written notice to Seller two (2) business days after
receipt of Seller’s response (or within two (2) business days of the expiration of Seller’s two (2) business day response
period, if Seller does not respond), either:  (a) to terminate this Agreement with respect to the applicable Property, in
which event the Purchase Price shall be reduced by the applicable Allocated Purchase Price and the applicable Allocated Earnest
Money shall be paid to Buyer, or (b) to waive the New Exception and proceed with the transactions contemplated by this Agreement,
in which event such New Exception shall be a Permitted Exception.  If Buyer fails to notify Seller of its election to terminate
this Agreement in accordance with the foregoing sentence within two (2) business days after receipt of Seller’s response
(or within two (2) business days of the expiration of Seller’s two (2) business day response period, if Seller does not respond),
Buyer shall be deemed to have elected to approve and irrevocably waive any objections to the New Exception, in which event such
New Exception shall be a Permitted Exception. Notwithstanding the foregoing, Seller shall be required to cure: (x) any monetary
liens or encumbrances against the Properties that are dischargeable by payment of a liquidated sum; and (y) any encumbrances against
title which are created by or through Seller after the date hereof except if otherwise approved by Buyer.

 

    	 		 

     

    

 

(b)       Examination.
Prior to execution of this Agreement, Seller has provided to Buyer (and Buyer acknowledges receipt of): copies of the documents
and materials pertaining to the Properties to the extent within Seller’s possession or readily obtainable by Seller set
forth on Schedule 6(b) attached hereto. Additionally, during the term of this Agreement, Buyer, its agents and designees,
shall have the right to enter the Properties during normal business hours for the purposes of inspecting the Properties, and making
surveys, mechanical and structural engineering studies, inspecting construction, and conducting any other investigations and inspections
as Buyer may reasonably require to assess the condition and suitability of the Properties; provided, however, that
such activities by or on behalf of Buyer on the Properties shall not damage the Properties nor unreasonably interfere with construction
on the Properties or the conduct of business by Seller or any of Seller’s tenants; and provided further, however,
that Buyer shall (i) indemnify and hold Seller harmless from and against any and all claims, judgments, fines, penalties, reasonable
out-of-pocket costs, expenses and damages to the extent resulting from damage to any Property or injury to persons as a result
of the activities of Buyer and its agents and designees on the Properties (including, but not limited to, reasonable out-of-pocket
attorneys’ fees), and (ii) repair any and all damage caused, in whole or in part, by Buyer and return the Properties substantially
to their condition prior to such damage, which obligations shall survive Closing or any termination of this Agreement; except,
however, that Buyer shall not be responsible for any repairs necessitated by Buyer’s discovery of any pre-existing conditions
on the Properties during Buyer’s diligence inspections except to the extent any such conditions are exacerbated by Buyer.
Before entering the Properties, Buyer shall give reasonable written notice to Seller’s designated representative(s) of such
entry upon the Properties by Buyer, and Seller may have a representative present during any and all examinations, inspections
and/or studies on the Properties. Buyer’s access rights shall be governed by that certain Right of Access Agreement between
Seller, as owner, and Buyer, as entrant, dated December 21, 2018 (the “Access Agreement”). To the extent the
Access Agreement conflicts with this Section 6(b) the Access Agreement shall govern and control.

 

Buyer shall have the unconditional
right, for any reason or no reason, to terminate this Agreement with respect to all of the Properties by giving written notice
thereof to Seller prior to the expiration of the Examination Period, in which event this Agreement shall become null and void,
Buyer shall receive a refund of the Earnest Money, and all rights, liabilities and obligations of the parties under this Agreement
shall expire, except as otherwise set forth herein. If Buyer does not provide Seller written notice stating that it waives its
right to terminate this Agreement pursuant to this Section 6(b), then this Agreement shall terminate upon the expiration
of the Examination Period, Buyer shall receive a refund of the Earnest Money, and all rights, liabilities and obligations of the
parties under this Agreement shall expire, except as otherwise set forth herein.

 

    	 		 

     

    

 

(c)       Exclusions.
Buyer shall have until 6:00 p.m. ET on the date that is two (2) Business Days prior to the Closing Date (“Exclusion Deadline”)
to exclude a Property (each, an “Excluded Property”, and collectively, the “Excluded Properties”)
from the transaction contemplated by this Agreement, by delivering one or more written notices thereof (each, an “Exclusion
Notice”) to Seller on or before the Exclusion Deadline. A Property may be excluded from the transaction contemplated
by this Agreement solely in the event that Buyer reasonably determines with respect to any such Excluded Property that any of
the following exists or occurs, in each case that is material as to the applicable Excluded Property individually: (i) a violation
of applicable laws, rules or regulations; (ii) a title, survey or zoning defect; (iii) Hazardous Substances are present on the
Excluded Property or a violation of Environmental Laws; or (iv) a material physical defect in the Improvements. Notwithstanding
the foregoing, Buyer may deliver an Exclusion Notice after the expiration of the Examination Period only if the condition(s) giving
rise to the Exclusion Notice first arose after the expiration of the Examination Period and did not exist or occur prior to the
expiration of the Examination Period. Any Exclusion Notice shall include a reasonably detailed description of the condition(s)
that gave rise to the Exclusion Notice. If Buyer does not deliver an Exclusion Notice prior to the Exclusion Deadline, Buyer shall
be conclusively deemed to have waived its right to deliver an Exclusion Notice pursuant to this Section 6(c). If Buyer
timely delivers an Exclusion Notice, and Seller does not agree to remedy the condition(s) that gave rise to the Exclusion Notice,
then as Buyer’s sole and exclusive remedy (except for the obligations of Seller in Section 6(d)) this Agreement shall
be deemed terminated solely with respect to the applicable Excluded Properties, the Purchase Price shall be reduced by the applicable
Allocated Purchase Prices attributable to such Excluded Properties, and Title Insurer shall return to Buyer the applicable Allocated
Earnest Money attributable to such Excluded Properties, and thereafter the parties shall have no further rights or obligations
under this Agreement with respect to the applicable Excluded Properties except for those that expressly survive termination. 

 

(d)       Substitute
Properties. In the event any Property is excluded pursuant to Section 6(c), Seller shall promptly identify by notice
to Buyer (“Seller’s Notice”) another real property or properties owned by Seller, or its affiliate, of substantially
equivalent market value and, at Buyer’s request and subject to Buyer’s approval, include such property or properties
in the transaction contemplated hereby in lieu of such Excluded Property (each such Property, a “Substitute Property”).
Buyer and Seller shall reasonably cooperate to effectuate the addition of such Substitute Property to the transaction contemplated
hereby by an amendment to this Agreement. Notwithstanding the foregoing, the Closing shall not be delayed to include such Substitute
Property. If such Substitute Property cannot reasonably be included in the Closing because there is not sufficient time to do so,
Seller and Buyer shall reasonably cooperate following Closing to transfer such Substitute Property to Buyer on substantially the
same terms and conditions set forth herein. The terms and conditions of this Section 6(d) shall survive Closing. If Seller
and Buyer are unable to agree on a Substitute Property within thirty (30) days of Seller’s Notice, or if Buyer disapproves
of Seller’s good faith, reasonable proposal(s) of a Substitute Property, then the terms and conditions of this Section
6(d) shall no longer apply and the parties shall have no further obligations under this Section 6(d).

 

    	 		 

     

    

 

Section 7.Risk
of Loss/Condemnation.  Until Closing, the risk of loss or damage to the Properties shall be borne by Seller. In the
event all or any portion of any Property is damaged in any casualty or condemned or taken (or notice of any condemnation or taking
is issued) so that: (a) with respect to any casualty, if the cost to repair such casualty would exceed five percent (5%) of the
Allocated Purchase Price for the applicable Property, and (b) with respect to any condemnation or taking (or notice thereof),
the proposed condemnation or taking will result in the loss of legal access to a public right-of way or the reduction of value
in the applicable Property by more than five percent (5%) of the Purchase Price, then Buyer may elect to terminate this Agreement
with respect to the applicable Properties by providing written notice of such termination to Seller within ten (10) business days
after Buyer’s receipt of notice of such condemnation, taking or damage, upon which termination the Purchase Price shall
be reduced by the applicable Allocated Purchase Price and the applicable Allocated Earnest Money shall be returned to Buyer and
neither party hereto shall have any further rights, obligations or liabilities under this Agreement with respect to such Properties,
except as otherwise set forth herein. With respect to any condemnation or taking (or any notice thereof), if Buyer does not elect
to cancel this Agreement with respect to such Properties as aforesaid, there shall be no abatement of the Purchase Price and Seller
shall assign to Buyer, at the Closing, the rights of Seller to the awards, if any, for the condemnation or taking, and Buyer shall
be entitled to receive and keep all such awards to be applied in accordance with the terms of the Leases. With respect to a casualty,
if Buyer does not elect to terminate this Agreement with respect to such Property or does not have the right to terminate this
Agreement with respect to such Property as aforesaid, there shall be no abatement of the Purchase Price and Seller shall assign
to Buyer, at the Closing, the rights of Seller to the proceeds under Seller’s insurance policies covering such Property
with respect to such damage or destruction (or pay to Buyer any such proceeds received prior to Closing), with Seller responsible
for payment of any deductible with respect thereto, and Buyer shall be entitled to receive and keep any monies received from such
insurance policies which shall be applied in accordance with the terms of the Leases.

 

Section 8.Earnest
Money Disbursement.  The Earnest Money shall be held by the Title Insurer, in trust, and disposed of only in accordance
with the following provisions: 

 

(a)       The
Title Insurer shall invest the Earnest Money in a money market account reasonably satisfactory to Buyer at Buyer’s sole cost
and expense, shall not commingle the Earnest Money with any funds of the Title Insurer or others, and shall promptly provide Buyer
and Seller with confirmation of the investments made, including the name and address of the bank where such account is maintained
and the account number thereof.

 

(b)       If
the Closing occurs, the Title Insurer shall deliver the Earnest Money to, or upon the instructions of, Seller and Buyer upon the
Closing. If for any reason the Closing does not occur, the Title Insurer shall deliver the Earnest Money to Seller or Buyer only
upon receipt of a written demand therefor from such party, subject to the following provisions of this Section 8(b). Subject
to the last sentence of this Section 8(b), if for any reason the Closing does not occur and either party makes a written
demand (the “Demand”) upon the Title Insurer for payment of the Earnest Money, the Title Insurer shall
give written notice to the other party of the Demand within one (1) business day after receipt of the Demand. If the Title Insurer
does not receive a written objection from the other party to the proposed payment within five (5) business days after the giving
of such notice by Title Insurer, the Title Insurer is hereby authorized to make the payment set forth in the Demand. If the Title
Insurer does receive such written objection within such period, the Title Insurer shall continue to hold such amount until otherwise
directed by written instructions signed by Seller and Buyer or a final judgment of a court. Notwithstanding the foregoing provisions
of this Section 8(b) if Buyer delivers a notice to Title Insurer on or prior to the expiration of the Examination Period
that Buyer has terminated this Agreement, then Title Insurer shall immediately return the Earnest Money to Buyer without the necessity
of delivering any notice to, or receiving any notice from Seller.

 

    	 		 

     

    

 

(c)       Buyer
and Seller acknowledge that the Title Insurer is acting solely as a stakeholder at their request and for their convenience, that
the Title Insurer shall not be deemed to be the agent of any of Buyer or Seller, and that the Title Insurer shall not be liable
to any of Buyer or Seller for any action or omission on its part taken or made in good faith, and not in disregard of this Agreement,
but shall be liable for its negligent acts and for any liabilities (including reasonable attorneys’ fees, expenses and disbursements)
incurred by Seller or Buyer resulting from the Title Insurer’s mistake of law respecting the Title Insurer scope or nature
of its duties. Seller and Buyer shall jointly and severally indemnify and hold the Title Insurer harmless from and against all
liabilities (including reasonable attorneys’ fees, expenses and disbursements) incurred in connection with the performance
of the Title Insurer’s duties hereunder, except with respect to actions or omissions taken or made by the Title Insurer in
bad faith, in disregard of this Agreement or involving negligence on the part of the Title Insurer. The Title Insurer has executed
this Agreement in the place indicated on the signature page hereof in order to confirm that the Title Insurer has received and
shall hold the Earnest Money in escrow, and shall disburse the Earnest Money pursuant to the provisions of this Section 8.

 

Section 9.Default;
Breach of Representation.  

 

(a)       In
the event Buyer should fail to deliver the Earnest Money to Title Insurer within five (5) business days after the execution by,
and delivery to, both parties of this Agreement, then Seller may pursue an action to obtain a judgment against Buyer in the amount
of the Earnest Money, together with the court costs and reasonable attorneys’ fees incurred by Seller in connection with
any such action. In the event Buyer delivers the Earnest Money to Title Insurer and thereafter should fail to consummate the purchase
contemplated in this Agreement for any reason other than Seller’s default, then Seller may, upon five (5) days’ notice
to Buyer, if such breach or failure is not cured within such five (5) day period, as its sole and exclusive remedy, terminate this
Agreement by notice to Buyer, and in such event Seller shall be entitled to immediately receive all of the Earnest Money as liquidated
damages. Upon such termination, and receipt by Seller of all of the Earnest Money, neither Buyer nor Seller shall have any further
rights, obligations or liabilities hereunder, except as otherwise provided herein. Seller and Buyer agree that it is difficult
to determine, with any degree of certainty, the loss which Seller would incur in the event of Buyer’s default in its obligation
to pay all of the Purchase Price and consummate the transaction contemplated hereby at Closing, and the parties have agreed that
the amount of the Earnest Money represents a reasonable estimate of such loss and is intended as a liquidated damages provision.

 

	 	 	 	 
	Seller’s Initials	 	Buyer’s Initials	 

 

    	 		 

     

    

 

(b)       In
the event Seller should breach any of its covenants, representations or warranties contained in this Agreement (and Buyer shall
not be in default, in any material respect under this Agreement), or if Seller should fail to consummate the sale contemplated
in this Agreement for any reason other than Buyer’s default, Buyer may, upon five (5) days’ notice to Seller, if such
breach or failure is not cured within such five-day period, as its sole and exclusive remedy, either (i) waive such default or
failure and proceed to Closing in accordance with the terms and provisions hereof, (ii) terminate this Agreement in its entirety
by notice to Seller, in which event the Title Insurer shall return the Earnest Money to Buyer, and Seller shall reimburse Buyer
up to a maximum of $750,000 for Buyer’s actual out-of-pocket expenses incurred with respect to any title, escrow, legal,
survey and other inspection fees incurred by Buyer and any other reasonable expenses incurred by Buyer in connection with the
performance of its examination of the Properties, including but not limited to environmental and engineering consultants’
fees and financing deposits, and thereafter neither Buyer nor Seller shall have any further rights, obligations or liabilities
hereunder, except as otherwise provided herein, (iii) terminate this Agreement solely with respect to the applicable Properties
to which such default(s) or failure(s) relates, in which event the Purchase Price shall be reduced by the applicable Allocated
Purchase Price(s) and Title Insurer shall return to Buyer the applicable Allocated Earnest Money and thereafter Seller and Buyer
shall be released from any and all liability hereunder with respect to the applicable Properties to which such defaults(s) or
failure(s) relates, except as otherwise provided herein, or (iv) enforce specific performance of Seller’s obligation to
deliver the Deeds to the Properties hereunder (but not damages other than Buyer’s reasonable fees, costs and expenses incurred
in any such enforcement proceeding). 

 

(c)      
As a condition precedent to Buyer exercising any right it may have to bring an action for specific performance hereunder, Buyer
must commence such an action within forty-five (45) days after the occurrence of Seller’s default. Buyer agrees that its
failure to timely commence such an action for specific performance within such forty-five (45) day period shall be deemed a waiver
by it of Buyer’s right to commence an action for specific performance as well as a waiver by Buyer of any right it may have
to file or record a notice of lis pendens or notice of pendency of action or similar notice against any Property or any portion
thereof.

 

(d)       Notwithstanding
Subparagraphs 9(a) and 9(b) hereof, in no event shall the provisions of Subparagraphs 9(a) and 9(b) limit the damages recoverable
by either party against the other party due to the other party’s obligation to indemnify such party in accordance with the
express provisions of this Agreement. This Subparagraph (d) shall survive the Closing or the earlier termination of this Agreement.

 

(e)       Notwithstanding
the foregoing, in the event of a willful or intentional default of Seller hereunder which makes specific performance unavailable
for any one or more of the Properties, Buyer shall, in addition to the foregoing remedies, be permitted to pursue any and all
rights and remedies available to Buyer at law or in equity, provided, however, under no circumstances shall Seller
be liable to Buyer pursuant to this Subparagraph 9(e) for (i) any punitive damages, or (ii) with respect to any applicable Property,
damages in excess of an amount equal to the product of one hundred percent (100%) multiplied by the Allocated Purchase Price of
such Property. 

 

    	 		 

     

    

 

(f)        All
representations and warranties in this Agreement shall be deemed to have been made as of the Effective Date and shall survive the
Closing for a period of six (6) months after the Closing (the “Survival Period”). Any right of action
for the breach of any representation or warranty contained herein shall not merge with the deeds delivered at the Closing but shall
survive the Closing for the Survival Period and before the expiration thereof the party claiming a breach must have filed an action
in a court of competent jurisdiction, and any warranty and representation not specified in such action shall expire. Seller and
Buyer agree that, following the Closing, each shall be liable for the direct and actual, but not special, indirect, consequential
or punitive, damages resulting from any breach of its representations or warranties expressly set forth in this Agreement; provided,
however, that: (i) following Closing, Seller shall have no liability to Buyer under this Agreement for any such breach if Seller
is responsible under any of the Leases for curing the breach in which event the terms of the applicable Lease shall control; (ii)
following Closing, the total liability of Seller for all such breaches of its representations and warranties under this Agreement
shall not, in the aggregate, exceed ONE MILLION EIGHT HUNDRED SEVENTY-ONE THOUSAND and No/100 Dollars ($1,871,000.00) (the “Claim
Cap”); (ii) following Closing, the total liability of Buyer for all such breaches shall not, in the aggregate, exceed
the Claim Cap; and (iii) such representations and warranties are personal to Seller and Buyer and may not be assigned to or enforced
by any other Person, other than to an assignee of Buyer in accordance with Section 22 hereof. Buyer further agrees
that, following the Closing, no claim may or shall be made for any alleged breach of any representations or warranties made by
Seller under or relating to this Agreement unless the amount of such claim or claims, individually or in the aggregate, exceeds
TWENTY-FIVE THOUSAND and No/100 Dollars ($25,000.00) (in which event the full amount of such valid claims against Seller shall
be actionable up to, but not in excess of, the Claim Cap). In the event that Seller breaches any representation or warranty contained
in this Agreement, in any material respect, and Buyer had actual knowledge of such breach on or prior to the Closing Date, Buyer
shall be deemed to have waived any right of recovery, and Seller shall not have any liability to Buyer in connection therewith.

 

Section 10.Closing.
The Closing Date shall occur on the earlier of (i) ten (10) days after expiration, or waiver by Buyer, of the Examination
Period, and (ii) the date mutually agreed upon by Buyer and Seller. The Closing shall consist of the execution and delivery of
documents by Seller and Buyer, as set forth below, and delivery by Buyer to Seller of the Purchase Price in accordance with the
terms of this Agreement. Seller shall deliver to Buyer at Closing the following executed documents:

 

(a)       a
Deed with respect to each Property, in the form attached hereto as Exhibit B from Seller to the applicable Buyer conveying
the Real Property and the Improvements to Buyer subject only to the Permitted Exceptions and having a stated consideration equal
to the Allocated Purchase Price for such Property;

 

(b)       the
Lease with respect to each Property, executed by Tenant, as tenant, in the form of Exhibit C attached hereto;

 

    	 		 

     

    

 

(c)       an
Assignment of Intangible Property with respect to each Property in the form of Exhibit D attached hereto from Seller
to the applicable Buyer conveying the Intangible Property to the applicable Buyer;

 

(d)       the
Right of Replacement letter agreement, executed by Tenant, in the form of Exhibit E attached hereto;

 

(e)       a
settlement statement setting forth the Purchase Price, all prorations and other adjustments to be made pursuant to the terms hereof,
and the funds required for Closing as contemplated hereunder;

 

(f)        all
transfer tax statements, declarations, residency certifications, and filings as may be necessary or appropriate for purposes of
recordation of the applicable deed;

 

(g)       good
standing certificates and corporate resolutions or member or partner consents, as applicable, and such other documents as reasonably
requested by the Title Insurer;

 

(h)       Intentionally
Deleted;

 

(i)        a
FIRPTA Affidavit from Seller in form of Exhibit F attached hereto;

 

(j)        an
affidavit with respect to each Property in the form attached hereto as Exhibit G;1

 

(k)       an
SNDA (as defined in the Lease) in a form requested by Buyer in accordance with Section 31 of each Lease; and

 

(l)       the
Right of First Offer Agreement attached hereto as Exhibit H.

 

At Closing, Buyer shall instruct the Title Insurer to
deliver the Earnest Money to Seller which shall be applied to the Purchase Price, shall deliver the balance of the Purchase Price
to Seller and the applicable Buyer shall execute and deliver executed counterparts of the closing documents referenced in Sections
10(b), (c), (e), (f), (k) and (l) to the extent applicable. The Closing shall be held through
a customary escrow arrangement between the parties and the Title Insurer, or such other place or manner as the parties hereto may
mutually agree.

 

Section 11.Seller’s
Representations.  Seller represents and warrants to Buyer, effective as of the Effective Date and as of the Closing
Date, as follows:

 

(a)       Seller
is duly organized (or formed), validly existing and in good standing under the laws of the United States. Seller is authorized
to consummate the transaction set forth herein and fulfill all of its respective obligations hereunder and under all closing documents
to be executed by Seller, and has all necessary power to execute and deliver this Agreement and all closing documents to be executed
by Seller, and to perform all of Seller’s obligations hereunder and thereunder. Neither the execution and delivery of this
Agreement and all closing documents to be executed by Seller, nor the performance of the obligations of Seller hereunder or thereunder
will result in the violation of any law or any provision of the organizational documents of or will conflict with any order or
decree of any court or governmental instrumentality of any nature by which Seller is bound;

 

_____________________________

 

1
       Note to Draft: Subject to confirmation by Title Company that such affidavit
is acceptable.

 

    	 		 

     

    

 

(b)       (i)
Except as listed in Schedule 11(b) attached hereto, there are no actions, suits or other proceedings of any kind pending
or, to the best of Seller’s knowledge, threatened against Seller or the Properties which, if determined adversely to Seller,
would have a material adverse effect on the validity or enforceability of this Agreement or the ability of Seller to perform its
obligations hereunder; and (ii) except as listed in Schedule 6(b) attached hereto, Seller has not received any written notice
of any current or pending environmental investigations against the Properties and Seller does not have any actual knowledge of
any pending environmental investigations against the Properties.

 

(c)       Seller
has not entered into any contracts, subcontracts or agreements, including but not limited to any brokerage agreements, affecting
the Properties which will be binding upon Buyer after the Closing other than the Contracts;

 

(d)       Except
for defaults cured on or before the date hereof, Seller has not received any written notice of default under the terms of any
of the Contracts; 

 

(e)       Except
for violations cured or remedied on or before the date hereof and except as listed in Schedule 11(e) attached hereto,
Seller has not received any written notice from (or delivered any notice to) any governmental authority regarding any violation
of any law applicable to the Properties and Seller does not have knowledge of any such violations;

 

(f)        Except
as set forth on Schedule 11(f), there are no occupancy rights, leases or tenancies affecting the Properties;

 

(g)       Seller
is not a “foreign person” under the Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”)
and upon consummation of the transaction contemplated hereby, Buyer will not be required to withhold from the Purchase Price any
withholding tax;

 

(h)       Seller
has no knowledge of any pending or threatened condemnation proceedings affecting the Properties and Seller has not received any
written notice that there is any pending or threatened condemnation of all or any part of any Property;

 

(i)        Except
as set forth in the environmental reports previously delivered by Seller to Buyer, (1) to Seller’s knowledge no Hazardous
Substances have been generated, stored, released, or disposed of on or about the Properties in violation of any law, rule or regulation
applicable to the Properties which regulates or controls matters relating to the environment or public health or safety (collectively,
“Environmental Laws”); and (2) Seller has not received any written notice from (nor delivered any notice
to) any federal, state, county, municipal or other governmental department, agency or authority concerning any petroleum product
or other Hazardous Substance discharge or seepage;

 

    	 		 

     

    

 

(j)        Except
for a right of first refusal held by Summit Medical Group, P.A. (“Summit
Medical”), a tenant in the Property located at 31-00 Broadway, Fairlawn,
New Jersey , which has been waived by Summit Medical, there are no rights of first refusal, rights of first offer, purchase options
or similar purchase rights with respect to the Properties;

 

(k)       Intentionally
Deleted;

 

(l)        Seller
is not acting on behalf of, (a) an “employee benefit plan” (as defined in Section 3(3) of the Employment Retirement
Income Security Act of 1974 (“ERISA”)) that is subject to Title I of ERISA, (b) a “plan”
as defined in Section 4975(e) of the Internal Revenue Code of 1986 (the “Code”) that is subject
to Section 4975 of the Code (each of the foregoing a “Plan”), (c) an entity or account the assets
of which constitute “plan assets” of one or more such Plans within the meaning of Department of Labor Regulation 29
CFR Section 2510.3-101, as modified by Section 3(42) of ERISA or (d) a “governmental plan” within the meaning
of Section 3(32) of ERISA.

 

Terms such as “to Seller’s knowledge,”
“to the best of Seller’s knowledge” or like phrases mean the knowledge of Douglas Oliver, the individual in Seller’s
organization charged with responsibility for managing the Properties; provided however, that so qualifying Seller’s
knowledge shall in no event give rise to any personal liability on the part of Seller’s property manager, any officer, director
or employee of Seller or Douglas Oliver, on account of any breach of any representation or warranty made by Seller herein.

 

Section 12.Buyer’s
Representations.  Buyer represents and warrants to, and covenants with, Seller effective as of the Effective Date
and as of the Closing Date, as follows:

 

(a)       Buyer
is duly formed, validly existing and in good standing under the laws of Delaware, is authorized to consummate the transaction set
forth herein and fulfill all of its obligations hereunder and under all closing documents to be executed by Buyer, and has all
necessary power to execute and deliver this Agreement and all closing documents to be executed by Buyer, and to perform all of
Buyer’s obligations hereunder and thereunder. This Agreement and all closing documents to be executed by Buyer have been
duly authorized by all requisite corporate or other required action on the part of Buyer and are the valid and legally binding
obligation of Buyer, enforceable in accordance with their respective terms. Neither the execution and delivery of this Agreement
and all closing documents to be executed by Buyer, nor the performance of the obligations of Buyer hereunder or thereunder will
result in the violation of any law or any provision of the organizational documents of Buyer or will conflict with any order or
decree of any court or governmental instrumentality of any nature by which Buyer is bound;

 

(b)       No
petition has been filed by or against Buyer under the Federal Bankruptcy Code or any similar State or Federal Law; 

 

    	 		 

     

    

 

(c)       Neither
Buyer nor, to Buyer’s actual knowledge, its affiliates, is in violation of any laws relating to terrorism, money laundering
or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Action of
2001, Public Law 107-56 and Executive Order No. 13224 (Blocking Property and Prohibiting Transactions with Persons Who Commit,
Threaten to Commit, or Support Terrorism) (the “Executive Order”) (collectively, the “Anti-Money Laundering
and Anti-Terrorism Laws”). Neither Buyer nor, to Buyer’s actual knowledge, its affiliates, is acting, directly
or indirectly, on behalf of terrorists, terrorist organizations or narcotics traffickers, including those persons or entities that
appear on the Annex to the Executive Order, or are included on any relevant lists maintained by the Office of Foreign Assets Control
of U.S. Department of Treasury, U.S. Department of State, or other U.S. government agencies, all as may be amended from time to
time. Neither Buyer nor, to Buyer’s actual knowledge, its affiliates or, without inquiry, any of its brokers or other agents,
in any capacity in connection with the sale of the Properties (A) conducts any business or engages in making or receiving any contribution
of funds, goods or services to or for the benefit of any person included in the lists referenced above, (B) deals in, or otherwise
engages in any transaction relating to, any property or interests in property blocked pursuant to the Executive Order, or (C) engages
in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate,
any of the prohibitions set forth in any Anti-Money Laundering and Anti-Terrorism Laws. Neither Buyer, nor any person controlling
or controlled by Buyer, is a country, territory, individual or entity named on a Government List, and the monies used in connection
with this Agreement and amounts committed with respect thereto, were not and are not derived from any activities that contravene
any applicable anti-money laundering or anti-bribery laws and regulations (including funds being derived from any person, entity,
country or territory on a Government List or engaged in any unlawful activity defined under Title 18 of the United States Code,
Section 1956(c)(7)); and

 

(d)       Buyer
is not, and is not acting on behalf of, (a) a Plan, (b) an entity or account the assets of which constitute “plan assets”
of one or more such Plans within the meaning of Department of Labor Regulation 29 CFR Section 2510.3-101, as modified by Section 3(42)
of ERISA or (c) a “governmental plan” within the meaning of Section 3(32) of ERISA.

 

Section 13.Conditions
to Buyer’s Obligations.  Buyer’s obligation to pay each Allocated Purchase Price, accept title to each
Property and proceed to Closing on the terms and conditions of this Agreement shall be subject to compliance by Seller with the
following conditions precedent on and as of the Closing Date:

 

(a)       Intentionally
Deleted;

 

(b)       Seller
shall deliver to Buyer on or before the Closing Date the documents set forth in Section 10 above;

 

(c)       Each
of the representations and warranties of Seller contained in this Agreement shall have been true when made and shall be true in
all material respects at and as of the Closing Date as if such representations and warranties were made at and as of the Closing,
and Seller shall have performed and complied in all material respects with all covenants, agreements and conditions required by
this Agreement to be performed or complied with by Seller prior to or at the Closing;

 

    	 		 

     

    

 

(d)       Buyer
shall receive from the Title Insurer current ALTA 2006 owner’s forms of title insurance policies, or irrevocable and unconditional
binder to issue the same, with extended coverage for the Real Property in the amount of the applicable Allocated Purchase Price
allocated to each Property, dated, or updated to, the date of the Closing, insuring, or committing to insure, at its ordinary
premium rates, Buyer’s good and marketable title in fee simple to the Real Property and otherwise in such form and with
such endorsements as provided in the title commitment approved by Buyer pursuant to Section 6 hereof and subject only
to the Permitted Exceptions (the “Title Policy”); and

 

(e)       On
or before the date that is ten (10) days prior to the expiration of the Examination Period, Seller shall have delivered to Buyer
estoppel certificates in the form provided by Buyer (and reasonably acceptable to Seller) from any parties to declarations or reciprocal
and/or operating easement agreements affecting any Property (collectively, the “Estoppels”). The Estoppels shall
not show any default by Seller or any information that would be reasonably expected to have a material adverse effect on the ownership,
use, occupancy or maintenance of the applicable Properties;

 

(f)       Tenant’s
credit rating shall be rated no lower than BBB+ by Standard and Poor’s; and

 

(g)       Receipt
of a Clearance Letter or establishment of a Tax Escrow (each as defined in Section 28), or the passage of fourteen (14)
business days after the Division (as defined in Section 28) receives the Tax Notification (as defined in Section 28)
without the Division responding in writing thereto.

 

Buyer may at any time or times, at its election, waive
any of the conditions to its obligations under this Agreement but any such waiver shall be effective only if contained in a writing
signed by Buyer. If all of the above conditions have not been satisfied, or waived in writing by Buyer, on or prior to the Closing
Date with respect to any Property, then Buyer shall have the right to either (A) terminate this Agreement in its entirety, and
upon such termination the Earnest Money shall be refunded to Buyer and thereafter neither Buyer nor Seller shall have any further
rights, obligations or liabilities hereunder, except as otherwise set forth herein, or (B) terminate this Agreement solely as to
the applicable Properties with respect to which any such condition has not been satisfied or waived, in which event the applicable
Allocated Earnest Money shall be refunded to Buyer, the Purchase Price shall be reduced by the applicable Allocated Purchase Price,
and neither Buyer nor Seller shall have any further rights, obligations or liabilities hereunder with respect to such Properties
except as otherwise set forth herein. If the failure of any condition precedent to Buyer’s obligations set forth in this
Section 13 arises as a result of a material default by Seller under this Agreement, Buyer shall also have the remedies
available to Buyer in Section 9(b)(ii) or Section 9(b)(iv), subject, however, to the provisions of Section
9(c) and Section 9(d). Anything to the contrary notwithstanding, (i) if Seller has not complied with the conditions
in Section 13(d), or (e) on and as of the Closing Date, then Seller shall not be in default under this Agreement
for the failure of any such conditions and Buyer’s sole right shall be as set forth in (B) above; and (ii) if Seller has
not complied with the condition in Section 13(f) on and as of the Closing Date, then Seller shall not be in default under
this Agreement for the failure of such condition and Buyer’s sole right shall be as set forth in (A) above, unless Seller’s
credit rating is lower than BBB – by Standard and Poor’s as of the Closing Date, in which event Buyer shall have the
remedies available to Buyer in Section 9(b)(ii).

 

    	 		 

     

    

 

Section 14.Conditions
to Seller’s Obligations.  Seller’s obligation to deliver title to the Properties and proceed to Closing
on the terms and conditions of this Agreement shall be subject to fulfillment of the following conditions precedent on and as
of the Closing Date:

 

(a)       Buyer
shall deliver to Seller upon the Closing the remainder of the Purchase Price, subject to adjustment of such amount pursuant to
Section 2 hereof; and

 

(b)       The
representations and warranties of Buyer contained in this Agreement shall have been true when made and shall be true in all material
respects at and as of the Closing Date as if such representations and warranties were made at and as of the Closing, and Buyer
shall have performed and complied in all material respects with all covenants, agreements and conditions required by this Agreement
to be performed or complied with by Buyer prior to or at the Closing (including the delivery to Seller on or before the Closing
Date of all the documents to be executed by the applicable Buyer as set forth in Sections 10(b), (c), (d),
(e), (f), (k) and (l) above to the extent applicable).

 

If all of the above conditions have not been satisfied
or waived in writing by Seller on or prior to the Closing Date, then Seller shall have the right to terminate this Agreement, and
upon such termination the Earnest Money shall be refunded to Buyer and neither Buyer nor Seller shall have any further rights,
obligations or liabilities hereunder, except as otherwise set forth herein. If the failure of any condition precedent to Seller’s
obligations set forth in this Section 14 arises as a result of a default by Buyer under this Agreement, Seller shall have
the remedies available to Seller in Section 9(a).

 

Section 15.Notices.  All
notices and other communications which may be or are required to be given or made by any party to the other in connection herewith
shall be in writing and shall be deemed to have been properly given on the date: (i) delivered in person, (ii) deposited in the
United States mail, registered or certified, return receipt requested, (iii) delivery via electronic mail to the addresses set
out in Section 1 or (iv) deposited with a nationally recognized overnight courier, to the addresses set out in Section 1.
Such notices shall be deemed effective upon receipt, provided, however, as to item (iii), receipt occurs on or before
6:00 p.m. ET on a business day, otherwise, such notice shall be deemed to have been received on the next succeeding business day.
Any address or name specified in Section 1 may be changed by notice given to the addressee by the other party in accordance
with this Section 15. Anything to the contrary notwithstanding, if notice cannot be delivered because of a changed
address of which no notice was given as provided, above, or because of rejection or refusal to accept any notice, then receipt
of such notice shall be deemed to be as of the date of inability to deliver or rejection or refusal to accept. Any notice to be
given by any party may be given by the counsel for such party.

 

    	 		 

     

    

 

Section 16.Seller
Pre-Closing Covenants.  From and after the Effective Date and until Closing, Seller agrees that it: (a) shall
continue to operate the Properties in materially the same manner in which Seller has previously operated the Properties; (b) shall,
subject to Section 7 hereof and subject to reasonable wear and tear and damage from fire or other casualty, maintain
the Properties in the same (or better) condition as exists on the date hereof; and (c) shall request the Estoppels (if applicable)
from all applicable parties within two (2) business days following Buyer’s request therefor and thereafter shall use commercially
reasonable efforts to obtain the same. Seller shall promptly inform Buyer in writing of (i) the receipt of a written notice from
any applicable governmental authority having jurisdiction of any purported violation of law with respect to the Properties and/or
any casualty or condemnation with respect to the Properties or (ii) any other material event which would reasonably be expected
to adversely affect the ownership, use, occupancy or maintenance of the Properties, whether insured or not. Seller shall use commercially
reasonable efforts to obtain an estoppel from the counterparty to any reciprocal easement agreements, declarations, CC&R or
other similar agreements affecting a Property in a form reasonably requested by Buyer (and reasonably acceptable to Seller) and
Seller shall request such estoppel to the applicable counterparty within two (2) business days of receipt of the agreed upon form
of such estoppel.

 

Section 17.Entire
Agreement.  This Agreement constitutes the sole and entire agreement among the parties hereto and no modification
of this Agreement shall be binding unless in writing and signed by all parties hereto. No prior agreement or understanding pertaining
to the subject matter hereof (including, without limitation, any letter of intent executed prior to this Agreement) shall be valid
or of any force or effect from and after the date hereof, except that the Access Agreement, as amended, and that certain Confidentiality
and Non-Disclosure Agreement between Oak Street Real Estate Capital LLC and Seller dated December 13, 2018, as amended, shall
remain in full force and effect in accordance with their respective terms.

 

Section 18.No
Representations or Warranties.  Buyer hereby acknowledges, understands and agrees that it has an opportunity
to inspect the Properties as set forth in Section 6 herein, and except as expressly set forth in this Agreement and
the other documents executed and delivered by Seller or its affiliates at Closing (the “Closing Documents”),
the Properties shall be conveyed at Closing to Buyer “as-is”, “where is” and “with all faults”.

 

A.       BUYER
ACKNOWLEDGES AND AGREES THAT UPON CLOSING SELLER SHALL SELL AND CONVEY TO PURCHASER AND BUYER SHALL ACCEPT THE PROPERTIES “AS
IS, WHERE IS, WITH ALL FAULTS,” EXCEPT TO THE EXTENT EXPRESSLY PROVIDED OTHERWISE IN THIS AGREEMENT OR IN ANY RELATED DOCUMENT.
BUYER HAS NOT RELIED AND WILL NOT RELY ON, AND SELLER IS NOT LIABLE FOR OR BOUND BY, ANY EXPRESS OR IMPLIED WARRANTIES, GUARANTIES,
STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE PROPERTIES OR RELATING THERETO (INCLUDING SPECIFICALLY, WITHOUT LIMITATION,
OFFERING PACKAGES DISTRIBUTED WITH RESPECT TO THE PROPERTIES) MADE OR FURNISHED BY SELLER, ANY OF SELLER’S OFFICERS, DIRECTORS,
EMPLOYEES, ANY OF SELLER’S ACCOUNTANTS OR ATTORNEYS, OR ANY REAL ESTATE BROKER OR AGENT REPRESENTING OR PURPORTING TO REPRESENT
SELLER, TO WHOMEVER MADE OR GIVEN, DIRECTLY OR INDIRECTLY, ORALLY OR IN WRITING, UNLESS SPECIFICALLY SET FORTH IN THIS AGREEMENT
OR IN ANY RELATED DOCUMENT. BUYER ALSO ACKNOWLEDGES THAT THE PURCHASE PRICE REFLECTS AND TAKES INTO ACCOUNT THAT THE PROPERTIES
ARE BEING SOLD “AS-IS.”  

 

    	 		 

     

    

 

B.       BUYER
REPRESENTS TO SELLER THAT BUYER HAS (OR AS OF CLOSING WILL HAVE HAD THE OPPORTUNITY TO HAVE) CONDUCTED, SUCH INVESTIGATIONS OF
THE PROPERTIES, INCLUDING BUT NOT LIMITED TO, THE PHYSICAL AND ENVIRONMENTAL CONDITIONS THEREOF, AS BUYER DEEMS NECESSARY OR DESIRABLE
TO SATISFY ITSELF AS TO THE CONDITION OF THE PROPERTIES AND THE EXISTENCE OR NONEXISTENCE OR CURATIVE ACTION TO BE TAKEN WITH RESPECT
TO ANY HAZARDOUS OR TOXIC SUBSTANCES ON OR DISCHARGED FROM THE REAL PROPERTY, AND WILL RELY SOLELY UPON SAME AND NOT UPON ANY INFORMATION
PROVIDED BY OR ON BEHALF OF SELLER OR ITS AGENTS, OFFICERS, DIRECTORS, PROFESSIONALS OR EMPLOYEES WITH RESPECT THERETO, OTHER THAN
SUCH REPRESENTATIONS, WARRANTIES AND COVENANTS OF SELLER AS ARE EXPRESSLY SET FORTH IN THIS AGREEMENT OR ANY RELATED DOCUMENT.
UPON CLOSING, EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT OR IN ANY RELATED DOCUMENT, BUYER SHALL ASSUME THE RISK THAT ADVERSE
MATTERS, INCLUDING BUT NOT LIMITED TO, CONSTRUCTION DEFECTS AND ADVERSE PHYSICAL AND ENVIRONMENTAL CONDITIONS, MAY NOT HAVE BEEN
REVEALED BY BUYER’S INVESTIGATIONS. THE PROVISIONS OF THIS SECTION 18 SHALL SURVIVE A CLOSING UNDER THIS AGREEMENT.

 

C.       
EXCEPT WITH RESPECT TO SELLER’S EXPRESS OBLIGATIONS HEREUNDER AND UNDER ANY RELATED DOCUMENT,
BUYER HEREBY RELEASES SELLER, ALL PREDECESSORS IN TITLE AND OCCUPANCY, EACH OF THEIR SUCCESSORS, ASSIGNS, PROPERTY MANAGERS,
AND EACH OF THEIR RESPECTIVE MEMBERS, HEIRS, EXECUTORS, EMPLOYEES, ADMINISTRATORS, PARTNERS, SHAREHOLDERS, OFFICERS, DIRECTORS,
TRUSTEES AND LEGAL REPRESENTATIVES (COLLECTIVELY AND INDIVIDUALLY, THE “RELEASEES”)
OF AND FROM ANY AND ALL CLAIMS AND CAUSES OF ACTION REGARDING, AND BUYER WAIVES ANY CLAIM AND CAUSE OF ACTION AGAINST THE RELEASEES
REGARDING, AND BUYER COVENANTS NOT TO SUE THE RELEASEES REGARDING, THE CONDITION OF THE PROPERTY, INCLUDING, WITHOUT LIMITATION,
THE ENVIRONMENTAL CONDITION OF THE PROPERTY AND ITS ENVIRONS, REGARDLESS OF WHETHER THE CONDITION RESULTED FROM ON-SITE OR OFF-SITE
ACTIVITIES OF ANY ONE OR MORE OF THE RELEASEES OR ANY THIRD PARTY, OR THE CONDITION MIGRATED FROM OR ONTO THE PROPERTIES OR ANY
OF THEM, AND REGARDLESS OF WHETHER THE CLAIM OR CAUSE OF ACTION NOW EXISTS OR IS HEREAFTER CREATED UNDER COMMON LAW, OR NOW EXISTS
OR IS HEREAFTER ENACTED PURSUANT TO FEDERAL, STATE, COUNTY OR MUNICIPAL LAW OR REGULATION, AND REGARDLESS OF WHETHER THE CONDITION
CONSTITUTES A PATENT OR LATENT DEFECT, INCLUDING, WITHOUT LIMITATION, CLAIMS AND CAUSES OF ACTION UNDER: (A) THE FEDERAL COMPREHENSIVE
ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT, THE FEDERAL RESOURCE CONSERVATION AND RECOVERY ACT AND/OR ANALOGOUS STATE,
COUNTY AND/OR MUNICIPAL LAWS AND REGULATIONS; (B) FEDERAL, STATE, COUNTY AND/OR MUNICIPAL CLEAN WATER AND CLEAN AIR LAWS AND REGULATIONS;
(C) FEDERAL, STATE, COUNTY AND/OR MUNICIPAL LAWS AND REGULATIONS CONCERNING HAZARDOUS SUBSTANCES AND THEIR USE, GENERATION, HANDLING,
TRANSPORT, STORAGE OR DISPOSAL; (D) FEDERAL, STATE, COUNTY AND/OR MUNICIPAL LAWS AND REGULATIONS IMPOSING RESTRICTIONS OR PRECONDITIONS
ON CLOSURES, TRANSACTIONS OR TRANSFERS OF PROPERTIES OR ENTITIES; AND/OR (E) FEDERAL, STATE, COUNTY AND/OR MUNICIPAL LAWS AND REGULATIONS
GOVERNING FLOOD PLAINS, STREAM ENCROACHMENT AND/OR WETLANDS. 

 

    	 		 

     

    

 

D.       NOTWITHSTANDING
ANYTHING TO THE CONTRARY CONTAINED HEREIN, NOTHING IN THIS SECTION 18 OR OTHERWISE CONTAINED IN THIS AGREEMENT OR THE DOCUMENTS
CONTEMPLATED HEREBY SHALL LIMIT SELLER’S OBLIGATIONS, DUTIES AND RESPONSIBILITIES AS TENANT UNDER THE LEASES AND BUYER DOES
NOT WAIVE ANY RIGHTS OR REMEDIES UNDER THE LEASES OR RELEASE SELLER FROM ANY OBLIGATIONS OR LIABILITIES RELATED THERETO. 

 

Section 19.Applicable
Law.  This Agreement shall be construed under the laws of the State of New Jersey.

 

Section 20.No
Brokers.  Buyer and Seller each hereby represent that there are no brokers involved or that have a right to
proceeds in this transaction. Seller and Buyer each hereby agree to indemnify and hold the other harmless from all loss, cost,
damage or expense (including reasonable attorneys’ fees at both trial and appellate levels) incurred by the other as a result
of any claim arising out of the acts of the indemnifying party (or others on its behalf) for a commission, finder’s fee
or similar compensation made by any broker, finder or any party who claims to have dealt with such party. The representations,
warranties and indemnity obligations contained in this Section 20 shall survive the Closing or the earlier termination
of this Agreement.

 

Section 21.Tax
Deferred Exchange.  Buyer and Seller agree to cooperate with each other in effecting for the benefit of either
party a tax deferred exchange pursuant to Section 1031 of the Code and similar provisions of applicable state law; provided that:
(i) neither party shall be obligated to delay the Closing; and (ii) neither party shall be obligated to execute any note, contract,
deed or other document, except a reasonable and customary acknowledgment of the other party’s assignment of its rights under
this Agreement to a qualified intermediary, nor shall either party be obligated to take title to any property other than the Properties
as otherwise contemplated in this Agreement or incur additional expense for the benefit of the other party.  Each party shall
indemnify and hold the other harmless against any liability arising or is claimed to have arisen on account of any exchange proceeding
which is initiated on behalf of the indemnifying party.  The terms of this Section 21 shall survive the Closing and
the transfer of title.

 

    	 		 

     

    

 

Section 22.Assignment.  Buyer
shall not assign all or any of its right, title and interest under this Agreement except Buyer may assign its right, title and
interest under this Agreement to any entity or entities under common control with Buyer, provided however, the assignee(s)
assumes Buyer’s obligations in this Agreement (in which event the assignor shall be released) pursuant to a written assignment
and assumption agreement executed by Buyer, as assignor, and its assignee, a true and complete copy of which is delivered to Seller
at least five (5) business days prior to the Closing Date.

 

Section 23.Attorneys’
Fees.  In any action between Buyer and Seller as a result of failure to perform or a default under this Agreement,
the prevailing party shall be entitled to recover from the other party, and the other party shall pay to the prevailing party,
the prevailing party’s reasonable attorneys’ fees and disbursements and court costs incurred in such action.

 

Section 24.Exclusivity.
Commencing on the Effective Date and continuing through the Closing or earlier termination of
this Agreement, Seller shall not solicit, pursue or entertain offers from, negotiate with or in any manner accept or consider any
proposal of any other person or entity relating to the acquisition, financing or other disposition of the Properties.

 

Section 25.No
Recording.  Except to record a notice of settlement after expiration of the Examination Period, Buyer may not record
this Agreement or any memorandum of short form hereof. Any violation of this Section 25 shall constitute a default by Buyer
entitling Seller to any remedy hereunder for a default by Buyer.

 

Section 26.Computation
of Time.  The time in which any act under this Agreement is to be done shall be computed by excluding the first day
and including the last day. If the last day of any time period stated herein shall fall on a Saturday, Sunday or legal holiday,
then the duration of such time period shall be extended so that it shall end on the next succeeding day which is not a Saturday,
Sunday or legal holiday. Unless preceded by the word “business,” the word “day” shall mean a calendar
day. The phrase “business day” or “business days” shall have the meaning set forth in Section 1.
Time is of the essence with respect to this Agreement and the transactions contemplated hereby.

 

Section 27.Counterparts;
Electronic Signatures.  This Agreement may be executed in one or more counterparts, all of which shall be considered
one and the same agreement, and shall become a binding agreement when one or more counterparts have been signed by each of the
parties and delivered to the other party. Signatures to this Agreement, any amendment hereof and any notice given hereunder, delivered
electronically via .pdf, .jpeg, .TIF, .TIFF or similar electronic format shall be deemed an original signature and fully effective
as such for all purposes. Each party agrees to deliver promptly an executed original of this Agreement (and any amendment hereto)
with its actual signature to the other party, but a failure to do so shall not affect the enforceability of this Agreement (or
any amendment hereto), it being expressly agreed that each party to this Agreement shall be bound by its own electronically transmitted
signature and shall accept the electronically transmitted signature of the other party to this Agreement.

 

    	 		 

     

    

 

Section 28.Bulk Sales.
 Buyer shall have the right to comply with N.J.S.A. 54:32B-22(c) and N.J.S.A. 54:50-38 by delivering
a Notification of Sale, Transfer, or Assignment in Bulk (Form C-9600) (the “Tax
Notification”) to the Division of Taxation of the State of New Jersey Department
of the Treasury (the “Division”)
by registered or certified mail or overnight delivery on or before fifteen (15) business days prior to the Closing Date. Buyer
will provide Seller with a true and complete copy of the Tax Notification at the same time that it is sent to the Division. For
purposes of completing the Tax Notification, the contact information for Seller and Seller’s attorney shall be as set forth
in Section 1(aa), and Seller shall provide Buyer with Seller’s Federal Tax Identification Number and Seller’s New Jersey
Tax Identification Number. Seller does not have a liquor license. Seller shall provide to Buyer a completed asset transfer tax
declaration (“TTD”) for
each Property or, if the Division permits, for all of the Properties, within five (5) days following the Effective Date for Buyer
to submit with the Tax Notification to the Division pursuant to this Section and Seller waives any right to separately file a TTD
or to dispute or negotiate any determination of liability by the Division if Seller fails to timely submit. In no event shall Seller’s
failure to timely provide a TTD constitute an event of default under this Agreement or a basis for Buyer to delay its submission
of the Tax Notification pursuant to this Section 28. If the Division provides written notice to Buyer that an escrow is required
for a possible claim for taxes, including any interest and penalties thereon, exists (the “Claim”)
and the maximum amount thereof (the “Deficiency”),
then, Buyer shall promptly provide a copy of such notice to Seller and Seller shall have the right to negotiate with the Division
regarding the Claim and the Deficiency; provided, however, that such negotiation shall not delay the scheduled Closing Date for
more than ten (10) business days. If Seller elects not to negotiate with the Division, then Buyer and Seller shall close on the
original scheduled Closing Date. In either event, the amount of the Deficiency, as same may have been reduced by written notice
from the Division within such ten (10) business day period, shall be withheld from the Purchase Price and held and released by
Escrow Agent pursuant to an escrow agreement in a form reasonably acceptable to Buyer, Seller and Escrow Agent (“Tax
Escrow”). If either (a) any Deficiency exists and is paid by Seller prior to Closing,
or (b) Seller’s negotiations with the Division result in a written notice from the Division within such ten (10) business
day period that no escrow is required, then no Tax Escrow shall be required. If a Tax Escrow was timely required by the Division,
then, after Closing and upon receipt from the Division, Buyer shall promptly provide to Seller a copy of any communication received
from the Division, and if the Division demands in writing payment of all or any portion of the Tax Escrow on behalf of Seller,
then Escrow Agent shall release funds from the Tax Escrow in accordance with any payment demand issued by the Division. Anything
to the contrary notwithstanding, prior to the Escrow Agent paying the amount demanded by the Division, Seller shall have the right
to negotiate with the Division regarding the Claim and the Deficiency; provided, however, that any such negotiation
shall not delay for more than ten (10) business days payment of any demand made by the Division or subject Buyer to any liability
or penalty. Except as hereinabove provided, Buyer and the Escrow Agent shall be entitled to comply with all instructions of the
Division and make any payment required by the Division from the Tax Escrow in accordance with the escrow agreement executed by
Seller, Buyer and Escrow Agent. On the other hand, if at any time after Closing, the Division sends a clearance letter authorizing
the release of any amounts then remaining in the Tax Escrow (a “Clearance
Letter”), Escrow Agent shall release all of such funds from the Tax Escrow to Seller
in accordance with the escrow agreement executed by Seller, Buyer and Escrow Agent. This Section 28 shall survive the Closing.

 

    	 		 

     

    

 

Section 29.Binding Effect.
This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and
permitted assigns.

 

Section 30.No Offer.
This Agreement is of no force or effect unless it is signed by Seller and Buyer, and a signed copy of this Agreement delivered
by Seller to Buyer. The mailing, delivery or negotiation of this Agreement by Seller or Buyer or any agent or attorney of Seller
or Buyer prior to the execution and delivery of this Agreement as set forth in this clause shall not be deemed an offer by Seller
or Buyer to enter into this Agreement, whether on the terms contained in this Agreement or on any other terms. 

 

Section 31.Waiver of
Trial by Jury. THE RESPECTIVE PARTIES HERETO SHALL AND HEREBY DO WAIVE TRIAL BY JURY IN ANY
ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER OF THE PARTIES HERETO AGAINST THE OTHER ON ANY MATTERS WHATSOEVER ARISING
OUT OF OR IN ANY WAY CONNECTED WITH THIS AGREEMENT, OR FOR THE ENFORCEMENT OF ANY REMEDY GRANTED IN THIS AGREEMENT. THIS WAIVER
IS KNOWINGLY, WILLINGLY AND VOLUNTARILY MADE BY SELLER AND BUYER, EACH OF WHOM HEREBY ACKNOWLEDGES THAT NO REPRESENTATIONS OF FACT
OR OPINION HAVE BEEN MADE BY ANY INDIVIDUAL TO INDUCE THIS WAIVER OF TRIAL BY JURY OR TO IN ANY WAY MODIFY OR NULLIFY ITS EFFECT.
SELLER AND BUYER EACH FURTHER REPRESENT THAT IT HAS BEEN REPRESENTED IN THE SIGNING OF THIS AGREEMENT IN THE MAKING OF THIS WAIVER
BY INDEPENDENT LEGAL COUNSEL, SELECTED OF ITS OWN FREE WILL, AND THAT IT HAS HAD THE OPPORTUNITY TO DISCUSS THIS WAIVER WITH COUNSEL.

 

[REMAINDER OF PAGE INTENTIONALLY
BLANK; SIGNATURES APPEAR ON THE FOLLOWING PAGES]

 

    	 		 

     

    

 

IN WITNESS WHEREOF, the parties hereto
have executed this Agreement as of the day and year first set forth above.

 

	
        SELLER:

         

         

        Valley National Bank,

        a national banking association
	 
	 	 	 
	By:	/s/ Rick Kraemer	 
	 	
        Rick Kraemer

        First Senior Vice President
	 

 

 

    	 		 

     

    

 

	
        BUYER:

         

         

        Oak Street Real Estate Capital Fund IV REIT, LLC,

        a Delaware limited liability company
	 
	 	 	 
	By:	/s/ James Hennessey	 
	 	James Hennessey, Vice President	 

 

    	 		 

     

    

 

JOINDER BY TITLE INSURER

 

Title Insurer joins in the execution
of this Agreement to evidence its agreement to receive, hold and disburse funds and documents in accordance with the terms and
provisions of this Agreement. Title Insurer agrees to act as escrow holder with respect to the Earnest Money in accordance with
the terms of this Agreement and hereby establishes February ___, 2019, as the date of opening of escrow and designates ___________
as the escrow number assigned to this escrow. Title Insurer agrees to act as the “Reporting Person” for this transaction
and as defined in Section 6045(e) of the Internal Revenue Code and the regulations promulgated thereunder (collectively,
the “Reporting Requirements”) and to perform all duties that are required by the Reporting Requirements to be
performed by the Reporting Person with respect to this transaction. Title Insurer agrees that it will submit to the jurisdiction
of the State Courts of the State of New Jersey in connection with any dispute which shall arise under the terms of this Agreement.
Title Insurer agrees that service of process on Title Company in New Jersey in accordance with New Jersey law shall constitute
adequate service of process. Title Insurer agrees that it will not contest the jurisdiction of the State of New Jersey Courts in
connection with any litigation over any dispute arising under this Agreement. Title Insurer further agrees that in the event there
is a dispute between the parties hereto it shall deposit the Earnest Money it is holding in escrow into whatever New Jersey Court
the litigation is pending.

 

	
        TITLE INSURER:

         

        First American Title Insurance Company

         

         
	 
	By:	 	 
	Name:	 	 
	Title:	 	 

 

    	 		 

     

    

 

JOINDER BY SELLER’S AFFILIATE

 

The undersigned, an affiliate of Seller,
is the record owner of the property located at 1720 Route 23, Wayne, New Jersey (the “VNB Realty Property”)
and as such joins in the execution of this Agreement to evidence its agreement to be bound by and perform the obligations of Seller
as they relate to the VNB Realty Property only, except that the Tenant under the Lease for the VNB Realty Property shall be Seller.
The undersigned hereby repeats the representations and warranties of Seller contained in this Agreement as they relate to the VNB
Realty Property only.

 

 

 

VNB Route 23 Realty LLC,

a New Jersey limited liability company

 

	By:	
        Valley National Bank, 

        a national banking association

        its sole member
	 
	 	 	 	 
	 	By:	  /s/ Rick Kraemer	 
	 	 	
        Rick Kraemer

        First Senior Vice President

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