Common use of No Rights as Stockholders Clause in Contracts

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Interest $200,000 20,000 99% American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in with respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Corporate Income Properties – ARC Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTCORPORATE INCOME PROPERTIES – ARC, INC. By: Name: Gxxxxx X. XxXxx Title: Chairman and Chief Executive Officer INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSCORPORATE INCOME PROPERTIES – ARC SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital Healthcare Special Limited PartnershipNorthcliffe Asset Management U.S., LLC, its Member By: Name: Title: By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE CORPORATE INCOME PROPERTIES – ARC SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital VNorthcliffe Asset Management U.S., LLC, its Managing Member By: Name: Gxxxxx X. XxXxx Title: Chairman and Chief Executive Officer By: American Realty Capital II, LLC, its Member By: Name: Nxxxxxxx X. Xxxxxxxx Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Corporate Income Properties – ARC Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Corporate Income Properties - ARC Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Corporate Income Properties - ARC Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustCorporate Income Properties – ARC, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 99100 % American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Corporate Income Properties – ARC Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Partnership Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTTRUST II, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSADVISORS II, LLC By: American Realty Capital Healthcare Trust II Special Limited PartnershipPartner, LLC, its Member By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST II SPECIAL LIMITED PARTNERSHIPPARTNER, LLC By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustTrust II, Inc. 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 9999 % American Realty Capital Healthcare AdvisorsAdvisors II, LLC 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $$ 2,020 202 11 % American Realty Capital Healthcare Trust II Special Limited PartnershipPartner, LLC 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Sections 5.1(b), 5.1(c) and 5.1(d) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. GENERAL PARTNER: EMPIRE AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. By: ________________________________ Name: Xxxx Xxxxxx Title: INITIAL Chief Executive Officer LIMITED PARTNER: EMPIRE AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LLC By: American Realty Capital Healthcare Special Limited Partnership_________________________________ Name: Xxxx Xxxxxx Title: Chief Executive Officer ASSOCIATE LIMITED PARTNER: EMPIRE AMERICAN ALP, LLC By: EAH Holdings, LLC, its Member sole member By: Empire American Realty Capital VHoldings, LLC, its Managing Member sole member By: EAH MN Inc., its managing member By: ________________________ Name: Xxxx Xxxxxx Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: President Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, among the undersigned by and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership [Name of Corporation/LLC] By: _____________________________ Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ ______________________________________ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Operating Partnership, LP, by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ [Name of LP] By: _________________________________ Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest Empire American Realty Capital Healthcare Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 General Partner Partnership Interest $200,000 20,000 9999.01% Empire American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 Limited Partner Partnership Interest $2,020 202 12,000 200 0.99% Empire American Realty Capital Healthcare Special Limited PartnershipALP, LLC 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Section 5.1(b)(ii)(A) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTNEW YORK RECOVERY REIT, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY ADVISORS, LLC By: American Realty Capital Healthcare New York Recovery Special Limited Partnership, LLC, its Member By: American Realty Capital VIII, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital VIII, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustNew York Recovery REIT, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 9999.01 % American Realty Capital Healthcare New York Recovery Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $2,020 202 1$ 2,000 200 0.99 % American Realty Capital Healthcare New York Recovery Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Section 5.1(b)(ii)(A) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE GLOBAL DAILY NET ASSET VALUE TRUST, INC. By: Name: Nxxxxxxx X. Xxxxxxxx Title: Chairman, President and Chief Executive Officer INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSGLOBAL SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital Healthcare Special Limited PartnershipII, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE GLOBAL SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Global Daily Net Asset Value Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 99100 % American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Global Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Partnership Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE LIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST, INC. By: Name: Xxxxx Xxxxxxxxxxxx Title: INITIAL Chief Executive Officer, President and Chairman of the Board of Directors LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSLIGHTSTONE VALUE PLUS REIT LLC By: Name: Xxxxx Xxxxxxxxxxxx Title: Authorized Person SPECIAL GENERAL PARTNER: LIGHTSTONE SLP, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Xxxxx Xxxxxxxxxxxx Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT LP, L.P., by and among the undersigned and the other parties thereto. Dated: , 200 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT LP, L.P.by and among the undersigned and the other parties thereto. By: Name: Dated: , 200 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of Lightstone Value Plus REIT LP, by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. 200 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units (“OPUs”) Percentage Interest American Realty Capital Healthcare Security Interests Lightstone Value Plus Real Estate Investment Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $200,000 20,000 9999.01% American Realty Capital Healthcare AdvisorsLightstone Value Plus REIT LLC Limited Partnership Interest $2,000 200 0.99% Lightstone SLP, LLC 400 Xxxx Xxxxxx Xxx XxxxSpecial General Partnership Interest [Amount will equal the offering expenses of Lightstone Value Plus Real Estate Investment Trust, Xxx Xxxx 00000 Limited Partner Interest Inc.] 1 Special Partnership Unit For each $2,020 202 1% American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None 100,000 Contributed Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Retail Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST– RETAIL CENTERS OF AMERICA, INC. By: /s/ Wxxxxxx X. Xxxxxx Name: Wxxxxxx X. Xxxxxx Title: President INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSRETAIL ADVISOR, LLC By: American Realty Capital Healthcare Retail Special Limited Partnership, LLC, its Member By: American Realty Capital VIV, LLC, its Managing Member By: /s/ Nxxxxxxx X. Xxxxxxxx Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIPRETAIL ADVISOR, LLC By: American Realty Capital VRetail Special Limited Partnership, LLC, its Member By: American Realty Capital IV, LLC, its Managing Member By: /s/ Nxxxxxxx X. Xxxxxxxx Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Retail Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Retail Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Retail Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Trust– Retail Centers of America, Inc. 400 Xxxx Xxxxxx General Partner Interest $ 200,000 $ 20,000 99 % Nxx Xxxx, Xxx Xxxx 00000 American Realty Capital Retail Advisor, LLC 400 Xxxx Xxxxxx Limited Partner Interest $ 2,020 202 1 % Nxx Xxxx, Xxx Xxxx 00000 American Realty Capital Retail Advisor, LLC Special Limited Partner None Not applicable Not applicable 400 Xxxx Xxxxxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Interest $200,000 20,000 99% American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders Stockholders of the General Partner, including, without limitation, including any right to receive dividends or other distributions made to shareholders Stockholders or to vote or to consent or receive notice as shareholders Stockholders in respect to any meeting or shareholders Stockholders for the election of directors of the General Partner or any other matter. Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust Preferred Apartment Communities Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTPREFERRED APARTMENT COMMUNITIES, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE PREFERRED APARTMENT ADVISORS, LLC By: American Realty Capital Healthcare Special Limited PartnershipXXXX Partners, LLCInc., its Member By: American Realty Capital VName: Xxxx X. Xxxxxxxx Title: Chief Executive Officer SPECIAL LIMITED PARTNER: PREFERRED APARTMENT ADVISORS, LLCLLC By: XXXX Partners, Inc., its Managing Member By: Name: Xxxx X. Xxxxxxxx Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Chief Executive Officer Corporate/Limited Liability Company Additional Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust Preferred Apartment Communities Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust Preferred Apartment Communities Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Amended and Restated Agreement of Limited Partnership of American Realty Capital Healthcare Trust Preferred Apartment Communities Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustPreferred Apartment Communities, Inc. 400 Xxxx Xxxxxx Xxx Xxxx0000 Xxxxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxx, Xxx Xxxx Xxxxxxx 00000 General Partner Interest $200,000 20,000 99$ 109,998 10,999.8 99.999 % American Realty Capital Healthcare Preferred Apartment Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx0000 Xxxxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxx, Xxx Xxxx Xxxxxxx 00000 Limited Partner Interest $2,020 202 1$ 1 0.1 0.001 % American Realty Capital Healthcare Special Limited PartnershipPreferred Apartment Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx0000 Xxxxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxx, Xxx Xxxx Xxxxxxx 00000 Special Limited Partner Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT II LP, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTLIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST II , INC. By: / S / Dxxxx Xxxxxxxxxxxx Name: Dxxxx Xxxxxxxxxxxx Title: INITIAL Chief Executive Officer, President and Chairman of the Board of Directors LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSLIGHTSTONE VALUE PLUS REIT II LLC By: / S / Dxxxx Xxxxxxxxxxxx Name: Dxxxx Xxxxxxxxxxxx Title: Authorized Person ASSOCIATE GENERAL PARTNER: LIGHTSTONE SLP II, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: / S / Dxxxx Xxxxxxxxxxxx Name: Dxxxx Xxxxxxxxxxxx Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Authorized Person 40 Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT II LP, L.P., by and among the undersigned and the other parties thereto. Dated: , 200 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT II LP, L.P.by and among the undersigned and the other parties thereto. By: Name: Dated: , 200 42 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of Lightstone Value Plus REIT II LP, by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. 200 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units (“OPUs”) Percentage Interest American Realty Capital Healthcare TrustSecurity Interests Lightstone Value Plus Real Estate Investment Trust II, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $200,000 20,000 9999.01% American Realty Capital Healthcare AdvisorsLightstone Value Plus REIT II LLC Limited Partnership Interest $2,000 200 0.99% Lightstone SLP II, LLC 400 Xxxx Xxxxxx Xxx XxxxAssociate General Partnership Interest [Amount will equal the offering expenses of Lightstone Value Plus Real Estate Investment Trust II, Xxx Xxxx 00000 Limited Partner Interest Inc.] 1 Associate Partnership Unit For each $2,020 202 1% American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None 100,000 Contributed Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.applicable

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE DAILY NET ASSET VALUE TRUST, INC. By: /s/Wxxxxxx X. Xxxxxx Name: Wxxxxxx X. Xxxxxx Title: President INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSADVISORS II, LLC By: American Realty Capital Healthcare Trust II Special Limited PartnershipPartner, LLC, its Member By: American Realty Capital VII, LLC, its Managing Member By: /s/Nxxxxxxx X. Xxxxxxxx Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST II SPECIAL LIMITED PARTNERSHIPPARTNER, LLC By: American Realty Capital VII, LLC, its Managing Member By: /s/Nxxxxxxx X. Xxxxxxxx Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership II, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Daily Net Asset Value Trust, Inc. 400 Xxxx Xxxxxx Xxxxxxx Xxxxxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Interest $$ 200,000 20,000 9999 % American Realty Capital Healthcare AdvisorsAdvisors II, LLC 400 Xxxx Xxxxxx Xxxxxxx Xxxxxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Interest $ 2,020 202 1 % American Realty Capital Trust II Special Limited Partner, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1Subordinated 15% American Realty Capital Healthcare Special Limited Partnershipinterest in distributions described in Sections 5.1(b), LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest 5.1(c) and 5.1(d) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership III, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTTRUST III, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSADVISORS III, LLC By: American Realty Capital Healthcare Trust III Special Limited PartnershipPartner, LLC, its Member By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST III SPECIAL LIMITED PARTNERSHIPPARTNER, LLC By: American Realty Capital VII, LLC, its Managing Member By: Name: Title: 66 Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership III, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership III, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipPartnership III, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustTrust III, Inc. 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $200,000 20,000 99% American Realty Capital Healthcare AdvisorsAdvisors III, LLC 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $2,020 202 1% American Realty Capital Healthcare Trust III Special Limited PartnershipPartner, LLC 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Sections 5.1(b), 5.1(c) and 5.1(d) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE GLOBAL DAILY NET ASSET VALUE TRUST, INC. By: Name: Nxxxxxxx X. Xxxxxxxx Title: Chairman, President and Chief Executive Officer INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSGLOBAL SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty AR Capital Healthcare Special Limited PartnershipGlobal Holdings, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE GLOBAL SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty AR Capital VGlobal Holdings, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Global Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Global Daily Net Asset Value Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 9922,222 100 % American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Global Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Partnership Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTNEW YORK RECOVERY REIT, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY ADVISORS, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustNew York Recovery REIT, Inc. $ 200,000 20,000 99.01 % General Partnership 400 Xxxx Xxxxxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Interest $200,000 20,000 99% American Realty Capital Healthcare New York Recovery Advisors, LLC $ 2,000 200 0.99 % Limited Partnership 400 Xxxx Xxxxxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1New York Recovery Special Subordinated 15% American Realty Capital Healthcare Special None Not applicable Not applicable Limited Partnership, LLC interest in distributions described in Section 400 Xxxx Xxxxxx 0.0(x)(xx)(X) Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUSTNEW YORK RECOVERY REIT, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY ADVISORS, LLC By: American Realty Capital Healthcare New York Recovery Special Limited Partnership, LLC, its Member By: American Realty Capital VIII, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE NEW YORK RECOVERY SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital VIII, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust New York Recovery Operating Partnership, L.P., by and among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare TrustNew York Recovery REIT, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 9999.01 % American Realty Capital Healthcare New York Recovery Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $2,020 202 1$ 2,000 200 0.99 % American Realty Capital Healthcare New York Recovery Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Section 5.1(b)(ii)(A) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. GENERAL PARTNER: EMPIRE AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. By: /s/ XXXX XXXXXX Name: Xxxx Xxxxxx Title: INITIAL Chief Executive Officer LIMITED PARTNER: EMPIRE AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LLC By: American Realty Capital Healthcare Special Limited Partnership/s/ XXXX XXXXXX Name: Xxxx Xxxxxx Title: Chief Executive Officer ASSOCIATE LIMITED PARTNER: EMPIRE AMERICAN ALP, LLC By: EAH Holdings, LLC, its Member sole member By: Empire American Realty Capital VHoldings, LLC, its Managing Member sole member By: EAH MN Inc., its managing member By: /s/ XXXX XXXXXX Name: Xxxx Xxxxxx Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: President Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. Dated: , 20 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ 20 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of Empire American Realty Capital Healthcare Trust Operating Partnership, L.P.LP, by and among the undersigned and the other parties thereto. Dated: , 20 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest Empire American Realty Capital Healthcare Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 General Partner Partnership Interest $$ 200,000 20,000 9999.01 % Empire American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 Limited Partner Partnership Interest $2,020 202 1$ 2,000 200 0.99 % Empire American Realty Capital Healthcare Special Limited PartnershipALP, LLC 400 Xxxx Xxxxxx Xxx Xxxx00 Xxxxxxx Xxxxxxx Xxxxxxxx, Xxx Xxxx Xxxxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Section 5.1(b)(ii)(A) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders Stockholders of the General Partner, including, without limitation, including any right to receive dividends or other distributions made to shareholders Stockholders or to vote or to consent or receive notice as shareholders Stockholders in respect to any meeting or shareholders of Stockholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE INLAND RESIDENTIAL PROPERTIES TRUST, INC. By: Name: Xxxxx X. Xxxxxxxxxx Title: INITIAL Vice President, Treasurer and Chief Accounting Officer SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSINLAND RESIDENTIAL PROPERTIES TRUST SPECIAL LIMITED PARTNER, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLCInland Real Estate Investment Corporation, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: , 20 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ 20 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: , 20 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Type of Unit Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Inland Residential Properties Trust, Inc. 400 0000 Xxxxxxxxxxx Xxxx Xxxxxx Xxx XxxxOak Brook, Xxx Xxxx 00000 Illinois 60523 General Partner Interest $200,000 20,000 99GP Units $ [—] [—] [—] % American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1Class A Units $ [—] [—] [—] % American Realty Capital Healthcare Limited Partner Interest Class T Units $ [—] [—] [—] % Inland Residential Business Manager & Advisor, Inc. 0000 Xxxxxxxxxxx Xxxx Oak Brook, Illinois 60523 Limited Partner Xxxxxxxx Xxxxx X Xxxxx0 X/X [—] [—] % Inland Residential Properties Trust Special Limited PartnershipPartner, LLC 400 0000 Xxxxxxxxxxx Xxxx Xxxxxx Xxx XxxxOak Brook, Xxx Xxxx 00000 Illinois 60523 Special Limited Partner Interest None Not applicable Not applicable N/A N/A N/A N/A 1 It is not expected that Inland Residential Business Manager & Advisor, Inc. will be a limited partner until it is issued Class M Units in accordance with Article 15 of the Agreement. Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American ARC Realty Capital Healthcare Trust Finance Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN ARC REALTY CAPITAL HEALTHCARE FINANCE TRUST, INC. By: Name: Nxxxxxxx X. Xxxxxxxx Title: Chairman, President and Chief Executive Officer INITIAL LIMITED PARTNER: AMERICAN ARC REALTY CAPITAL HEALTHCARE ADVISORSFINANCE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital Healthcare Special Limited PartnershipAR Capital, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory SPECIAL LIMITED PARTNER: AMERICAN ARC REALTY CAPITAL HEALTHCARE FINANCE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital VAR Capital, LLC, its Managing Member By: Name: Nxxxxxxx X. Xxxxxxxx Title: Authorized Signatory Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American ARC Realty Capital Healthcare Trust Finance Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American ARC Realty Capital Healthcare Trust Finance Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American ARC Realty Capital Healthcare Trust Finance Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American ARC Realty Capital Healthcare Finance Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx405 Park Avenue New York, Xxx Xxxx 00000 New York 10022 General Partner Partnership Interest $$ 200,000 20,000 998,888 100% American ARC Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1% American Realty Capital Healthcare Finance Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx405 Park Avenue New York, Xxx Xxxx 00000 New York 10022 Special Limited Partner Partnership Interest None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., by and among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE LIGHTSTONE VALUE PLUS REAL ESTATE INVESTMENT TRUST, INC. By: Name: Xxxxx Xxxxxxxxxxxx Title: INITIAL Chief Executive Officer, President and Chairman of the Board of Directors LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LIGHTSTONE VALUE PLUS REIT LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Xxxxx Xxxxxxxxxxxx Title: Authorized Person SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, THE LIGHTSTONE GROUP LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Xxxxx Xxxxxxxxxxxx Title: Chief Executive Officer, President and Chairman of the Board of Directors Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT LP, L.P., by and among the undersigned and the other parties thereto. Dated: , 200 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating PartnershipLightstone Value Plus REIT LP, L.P.by and among the undersigned and the other parties thereto. By: Name: Dated: , 200 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of Lightstone Value Plus REIT LP, by and among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. 200 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units (“OPUs”) Percentage Interest American Realty Capital Healthcare Security Interests Lightstone Value Plus Real Estate Investment Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $200,000 20,000 9999.01% American Realty Capital Healthcare Advisors, Lightstone Value Plus REIT LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $2,020 202 12,000 200 0.99% American Realty Capital Healthcare The Lightstone Group LLC Special Limited PartnershipPartnership Interest [Amount will equal the offering expenses of Lightstone Value Plus Real Estate Investment Trust, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Inc.] 1 Special Limited Partner Interest None Not applicable Partnership Unit Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.Allocations

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders Stockholders of the General Partner, including, without limitation, including any right to receive dividends or other distributions made to shareholders Stockholders or to vote or to consent or receive notice as shareholders Stockholders in respect to any meeting or shareholders of Stockholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE INLAND RESIDENTIAL PROPERTIES TRUST, INC. By: Name: Title: INITIAL SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORSINLAND RESIDENTIAL PROPERTIES TRUST SPECIAL LIMITED PARTNER, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLCInland Real Estate Investment Corporation, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: , 20 [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ 20 Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Inland Residential Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: , 20 [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Type of Unit Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Inland Residential Properties Trust, Inc. 400 0000 Xxxxxxxxxxx Xxxx Xxxxxx Xxx XxxxOak Brook, Xxx Xxxx 00000 Illinois 60523 General Partner Interest $200,000 20,000 99GP Units $ [—] [—] [—] % American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $2,020 202 1Class A Units $ [—] [—] [—] % American Realty Capital Healthcare Limited Partner Interest Class T Units $ [—] [—] [—] % Inland Residential Business Manager & Advisor, Inc. 0000 Xxxxxxxxxxx Xxxx Oak Brook, Illinois 60523 Limited Partner Xxxxxxxx Xxxxx X Xxxxx0 X/X [—] [—] % Inland Residential Properties Trust Special Limited PartnershipPartner, LLC 400 0000 Xxxxxxxxxxx Xxxx Xxxxxx Xxx XxxxOak Brook, Xxx Xxxx 00000 Illinois 60523 Special Limited Partner Interest None Not applicable Not applicable N/A N/A N/A N/A 1 It is not expected that Inland Residential Business Manager & Advisor, Inc. will be a limited partner until it is issued Class M Units in accordance with Article 15 of the Agreement. Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: President INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LLC By: American Realty Capital Healthcare Trust Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: /s/ Xxxxxxxx X. Xxxxxxxx Name: Xxxxxxxx X. Xxxxxxxx Title: Chairman and CEO SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: /s/ Xxxxxxxx X. Xxxxxxxx Name: Xxxxxxxx X. Xxxxxxxx Title: Chairman and CEO Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ [Name of Corporation/LLC] By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ [Name of LP] By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Trust, Inc. 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Interest $$ 200,000 20,000 9999 % American Realty Capital Healthcare Advisors, LLC 400 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Interest $$ 2,020 202 11 % American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest None Not applicable Not applicable 000 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.

No Rights as Stockholders. Nothing contained in this Agreement shall be construed as conferring upon the holders of the Partnership Units any rights whatsoever as stockholders of the General Partner, including, without limitation, any right to receive dividends or other distributions made to shareholders or to vote or to consent or receive notice as shareholders in respect to any meeting or shareholders for the election of directors of the General Partner or any other matter. Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. GENERAL PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE TRUST, INC. By: Name: Title: INITIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE ADVISORS, LLC By: American Realty Capital Healthcare Special Limited Partnership, LLC, its Member By: American Realty Capital V, LLC, its Managing Member By: Name: Title: SPECIAL LIMITED PARTNER: AMERICAN REALTY CAPITAL HEALTHCARE SPECIAL LIMITED PARTNERSHIP, LLC By: American Realty Capital V, LLC, its Managing Member By: Name: Title: Corporate/Limited Liability Company Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of Corporation/LLC] Dated: ____________ __, 20___ By: Name: Title: Individual Additional Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. Dated: ____________ __, 20___ Partnership Limited Partner Signature Page to Agreement of Limited Partnership of American Realty Capital Healthcare Trust Operating Partnership, L.P., among the undersigned and the other parties thereto. [Name of LP] Dated: ____________ __, 20___ By: Name: Title: Exhibit A Partners’ Contributions and Partnership Interests Name and Address of Partner Type of Interest Capital Contribution Number of Partnership Units Percentage Interest American Realty Capital Healthcare Trust, Inc. 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 General Partner Partnership Interest $200,000 20,000 99% American Realty Capital Healthcare Advisors, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Limited Partner Partnership Interest $2,020 202 1% American Realty Capital Healthcare Special Limited Partnership, LLC 400 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Special Limited Partner Interest Subordinated 15% interest in distributions described in Sections 5.1(b), 5.1(c) and 5.1(d) None Not applicable Not applicable Exhibit B Allocations For purposes of this Exhibit B, the term “Partner” shall include the Special Limited Partner.