Common use of Class W Shares Clause in Contracts

Class W Shares. Subject to the terms of the Agreement, including without limitation Sections IV, V and VI of the Agreement, the Dealer Manager shall reallow or advance to the Dealer, from the Distribution Fees that the Dealer Manager receives from the Company with respect to the Class W Shares sold by the Dealer in the primary offering, Distribution Fees in an amount equal to ___ % per annum of the aggregate NAV of such Class W Shares. The Distribution Fees will be calculated using the most recently disclosed monthly NAV before giving effect to the monthly Distribution Fee or distributions on the Company’s Shares. The reallowance of Distribution Fees to the Dealer is subject to the limitations set forth in Section IV of the Agreement and shall cease upon the earliest to occur of certain events, as described in Section IV of the Agreement. The Dealer Manager will pay the Distribution Fees to the Dealer monthly in arrears. Notwithstanding anything to the contrary contained in this Schedule, the Dealer affirms that the Dealer Manager’s liability for payment of the Distribution Fees to the Dealer is limited solely to the Distribution Fees received by the Dealer Manager from the Company associated with the Dealer’s sale of Class W Shares. DEALER: ___________________________________________________ (Print Name of Dealer) By:____________________________________________ Name:____________________________________________ Title:____________________________________________ Date:____________________________________________ ​ EXHIBIT A to Schedule 1 ​ Black Creek Industrial REIT IV Inc. – Underwriting Compensation Table at Time of Sale (“TOS”) and Distribution Fee Payments in Subsequent Years* ​

Class W Shares. Subject to the terms of the Agreement, including without limitation Sections IV, V and VI of the Agreement, the Dealer Manager shall reallow or advance to the Dealer, from the Distribution Fees that the Dealer Manager receives from the Company with respect to the Class W Shares sold by the Dealer in ​ ​ the primary offering, Distribution Fees in an amount equal to ___ % per annum of the aggregate NAV of such Class W Shares. The Distribution Fees will be calculated using the most recently disclosed monthly NAV before giving effect to the monthly Distribution Fee or distributions on the Company’s Shares. The reallowance of Distribution Fees to the Dealer is subject to the limitations set forth in Section IV of the Agreement and shall cease upon the earliest to occur of certain events, as described in Section IV of the Agreement. The Dealer Manager will pay the Distribution Fees to the Dealer monthly in arrears. Notwithstanding anything to the contrary contained in this Schedule, the Dealer affirms that the Dealer Manager’s liability for payment of the Distribution Fees to the Dealer is limited solely to the Distribution Fees received by the Dealer Manager from the Company associated with the Dealer’s sale of Class W Shares. DEALER: ___________________________________________________ (Print Name of Dealer) By:____________________________________________ Name:____________________________________________ Title:____________________________________________ Date:____________________________________________ ​ ​ EXHIBIT A to Schedule 1 ​ Black Creek Industrial REIT IV Inc. – Underwriting Compensation Table at Time of Sale (“TOS”) and Distribution Fee Payments in Subsequent Years* ​

Class W Shares. Subject to the terms of the Agreement, including without limitation Sections IV, V and VI of the Agreement, the Dealer Manager shall reallow or advance to the Dealer, from the Distribution Fees that the Dealer Manager receives from the Company with respect to the Class W Shares sold by the Dealer in the primary offering, Distribution Fees in an amount equal to ___ % per annum of the aggregate NAV of ​ ​ such Class W Shares. The Distribution Fees will be calculated using the most recently disclosed monthly NAV before giving effect to the monthly Distribution Fee or distributions on the Company’s Shares. The reallowance of Distribution Fees to the Dealer is subject to the limitations set forth in Section IV of the Agreement and shall cease upon the earliest to occur of certain events, as described in Section IV of the Agreement. The Dealer Manager will pay the Distribution Fees to the Dealer monthly in arrears. Notwithstanding anything to the contrary contained in this Schedule, the Dealer affirms that the Dealer Manager’s liability for payment of the Distribution Fees to the Dealer is limited solely to the Distribution Fees received by the Dealer Manager from the Company associated with the Dealer’s sale of Class W Shares. DEALER: ___________________________________________________ (Print Name of Dealer) By:____________________________________________ Name:____________________________________________ Title:____________________________________________ Date:____________________________________________ ​ ​ EXHIBIT A to Schedule 1 ​ Black Creek Industrial REIT IV Inc. – Underwriting Compensation Table at Time of Sale (“TOS”) and Distribution Fee Payments in Subsequent Years* ​