Common use of Sales to Affiliates Clause in Contracts

Sales to Affiliates. As described in the Prospectus, the Dealer Manager may sell only Class A Units to the Company’s executive officers and managers and their immediate family members as well as officers and persons associated with the Advisor and its members and their affiliates and their immediate family members (including spouses, parents, grandparents, children and siblings), and any other individuals designated by the Company’s management, and, if approved by the Company’s board of managers, joint venture partners, consultants and other service providers, at a discount. The purchase price for such Class A Units will be $9.30 per Unit, reflecting the fact that the selling commissions in the amount of $0.70 will be waived and not payable in connection with such Class A Units.

Sales to Affiliates. As described in the Prospectus, the Dealer Manager may sell only Class A Units Shares to the Company’s executive officers and managers and their immediate family members as well as officers and persons associated with the Advisor and its members and their affiliates and their immediate family members (including spouses, parents, grandparents, children and siblings), ) and any other individuals designated by the Company’s management, and, if approved by the Company’s board of managers, joint venture partners, consultants and other service providers, at a discount. The purchase price for such Class A Units Shares will be $9.30 per UnitShare, reflecting the fact that the selling commissions in the amount of $0.70 will be waived and not payable in connection with such Class A UnitsShares.