SEC Contract Filing

Filing Date: 2017-08-10

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>kbsgiq22017exhibit102.htm
<DESCRIPTION>AGREEMENT REGARDING PAYMENT THROUGH AN ONLINE DISTRIBUTION CHANNEL
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2017 Workiva -->
 <title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s3E892149F4DA93B8FAD5AE6733BEC571"></a></div><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Exhibit 10.2</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">AGREEMENT REGARDING PAYMENT OF CERTAIN ITEMS OF COMPENSATION AND EXPENSES RELATED TO THE OFFERING OF CLASS A SHARES </font><font style="font-family:inherit;font-size:10pt;">&#32;<br></font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">THROUGH AN ONLINE DISTRIBUTION CHANNEL </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#32;&#160;&#160;&#160;&#160;This agreement dated as of April 27, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;) is entered by and among KBS Growth &amp; Income REIT, Inc., a Maryland corporation (the &#8220;</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Company</font><font style="font-family:inherit;font-size:12pt;">&#8221;), KBS Capital Advisors LLC, a Delaware limited liability company (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Advisor&#8221;</font><font style="font-family:inherit;font-size:12pt;">), and KBS Capital Markets Group LLC, a California limited liability company (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Dealer Manager&#8221;</font><font style="font-family:inherit;font-size:12pt;">). </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Company has registered for public sale (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Offering&#8221;</font><font style="font-family:inherit;font-size:12pt;">) up to $1,500,000,000 of shares of its common stock, $.01 par value per share, in any combination of shares of Class A common stock and Class T common stock in its primary public offering (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Primary Offering&#8221;</font><font style="font-family:inherit;font-size:12pt;">) and up to $800,000,000 of shares of common stock pursuant to its distribution reinvestment plan (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;DRP&#8221;</font><font style="font-family:inherit;font-size:12pt;">), with the right to reallocate shares between the Primary Offering and the DRP, pursuant to a registration statement (Reg. No. 333-207471) filed with the Securities and Exchange Commission;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Company has entered into an advisory agreement dated April 27, 2017, as amended, restated and renewed from time to time (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Advisory Agreement&#8221;</font><font style="font-family:inherit;font-size:12pt;">), with the Advisor that provides that the Advisor and its Affiliates shall be responsible for the payment of all Organization and Offering Expenses (as defined in the Advisory Agreement) with respect to shares of Class A common stock sold by the Company through an online distribution channel in the Primary Offering, as described in the Advisory Agreement; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Company has entered into the dealer manager agreement dated April 28, 2016, as amended and restated from time to time (the </font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#8220;Dealer Manager Agreement&#8221;</font><font style="font-family:inherit;font-size:12pt;">), with the Dealer Manager that sets forth the underwriting compensation and expenses to be paid by the Company to the Dealer Manager in connection with the Offering; </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, the Company, the Advisor and the Dealer Manager wish to acknowledge and agree that the Advisor will be responsible for the payment of all Organization and Offering Expenses related to the sale of shares of Class A common stock in the Offering through an online distribution channel, including any underwriting compensation and expenses otherwise payable or reimbursable by the Company to the Dealer Manager pursuant to Section 5.3 of the Dealer Manager Agreement; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NOW, THEREFORE, in consideration of the mutual agreements and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company, the Advisor and the Dealer Manager hereby acknowledge and agree as follows:</font></div><d