SEC Contract Filing

Filing Date: 2017-05-12

Document Content:
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<TYPE>EX-10.5
<SEQUENCE>9
<FILENAME>d379770dex105.htm
<DESCRIPTION>EX-10.5
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<TITLE>EX-10.5</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.5 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REIMBURSEMENT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>THIS REIMBURSEMENT AGREEMENT</B> (this &#147;<B>Agreement</B>&#148;) is entered into as of March&nbsp;23, 2017, by and among Rodin Global
Property Trust, Inc. a Maryland corporation (the &#147;<B>Company</B>&#148;), Cantor Fitzgerald Investors, LLC, a Delaware limited liability company (the &#147;<B>Sponsor</B>&#148;), and, only with respect to Section 1.02(c) hereof, Rodin Global
Property Trust OP Holdings, LLC, a Delaware limited liability company (the &#147;<B>Special Unit Holder</B>&#148;). Capitalized terms used herein shall have the meanings ascribed to them in Section&nbsp;1.01 below. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>W I T N E S S E T H </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Sponsor is the sponsor of the Company; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company has registered for public sale on Registration Statement
<FONT STYLE="white-space:nowrap">No.&nbsp;333-214130</FONT> on Form <FONT STYLE="white-space:nowrap">S-11,</FONT> as amended, a maximum of $1,250,000,000 in shares of its common stock, $0.01 par value per share, consisting of Class&nbsp;A shares,
Class&nbsp;T shares and Class&nbsp;I shares (collectively, the &#147;<B>Shares</B>&#148;), of which amount: (i)&nbsp;up to $1,000,000,000 in Shares are being offered to the public pursuant to the Company&#146;s primary offering (the <B>&#147;Primary
Offering</B>&#148;); and (ii)&nbsp;up to $250,000,000 in Shares are being offered to stockholders (the &#147;<B>Stockholders</B>&#148;) of the Company pursuant to the Company&#146;s distribution reinvestment plan; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Sponsor have entered into a Dealer Manager Agreement, dated as of March&nbsp;23, 2017 (the &#147;<B>Dealer
Manager Agreement</B>&#148;), with Cantor Fitzgerald&nbsp;&amp; Co., a New York general partnership (the &#147;<B>Dealer Manager</B>&#148;), pursuant to which the Dealer Manager will offer and sell the Shares on a best efforts basis for the account
of the Company and manage the sale of the Shares by other participating broker dealers, upon the terms and subject to the conditions set forth in the Dealer Manager Agreement; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company and the Special Unit Holder, have entered into the limited partnership agreement of Rodin Global Property Trust
Operating Partnership, LP, a Delaware limited partnership (the &#147;<B>Operating Partnership</B>&#148;), dated as of March&nbsp;23, 2017 (the &#147;<B>OP Agreement</B>&#148;), pursuant to which, among other things, the Operating Partnership issued
Special Limited Partnership Units (the &#147;<B>Special Limited Partnership Units</B>&#148;) to the Special Unit Holder. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>,
the Sponsor has agreed to pay certain expenses relating to selling commissions and/or dealer-manager fees of the sale of the Shares in the amount of up to four percent (4%) of gross offering proceeds incurred in the Primary Offering (the
&#147;<B>Sponsor Expenses</B>&#148;); and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>WHEREAS</B>, the Company has agreed to reimburse the Sponsor for the payment of Sponsor
Expenses in certain circumstances upon the terms and subject to the conditions hereinafter set forth. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE</B>, in
consideration of the foregoing and of the mutual covenants and agreements contained herein, the parties hereto agree as follows: </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>1.01</B> <B>Certain Definitions</B>. As used in this Agreement, the following terms shall have
the meanings specified below: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Agreement</B>&#148; has the meaning set forth in the Recitals. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Charter</B>&#148; means the Company&#146;s Articles of Amendment and Restatement, as amended. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Company</B>&#148; has the meaning set forth in the Recitals. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Dealer Manager</B>&#148; has the meaning set forth in the Recitals. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Dealer Manager Agreement</B>&#148; has the meaning set forth in the Recitals. </P>
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