0000892569-08-000329 Sample Contracts

EMPLOYMENT AGREEMENT OF SCOTT PETERS
Employment Agreement • March 17th, 2008 • Grubb & Ellis Co • Real estate agents & managers (for others) • California

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of October 23, 2006 between NNN Realty Advisors, Inc., a Delaware corporation, having its principal place of business at 1551 North Tustin Boulevard, Suite 200, Santa Ana, California 92705 (the “Company”), and Scott Peters, an individual residing at the address set forth below the individual’s name on the signature page hereof (the “Executive”).

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INDEMNIFICATION AND ESCROW AGREEMENT
Indemnification and Escrow Agreement • March 17th, 2008 • Grubb & Ellis Co • Real estate agents & managers (for others) • California

This Indemnification and Escrow Agreement (the “Agreement”) is made and entered into as of this 16th day of November, 2006, by and among Wells Fargo Bank, National Association (the “Escrow Agent”), NNN Realty Advisors, Inc., a Delaware corporation (the “Company”), Anthony W. Thompson, the Chairman of the Company (“Thompson”), Louis J. Rogers (“Rogers” and together with Thompson, the “Initial Stockholders”), and Jeffrey T. Hanson (“Hanson”). Thompson, Rogers and, upon his receipt of beneficial ownership of any Escrow Shares, Hanson are collectively referred to herein as the “Stockholders.”

EMPLOYMENT AGREEMENT OF ANDREA BILLER
Employment Agreement of Andrea Biller • March 17th, 2008 • Grubb & Ellis Co • Real estate agents & managers (for others) • California

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of October 23, 2006 between NNN Realty Advisors, Inc., a Delaware corporation, having its principal place of business at 1551 North Tustin Boulevard, Suite 200, Santa Ana, California 92705 (the “Company”), and Andrea Biller, Esq., an individual residing at the address set forth below the individual’s name on the signature page hereof (the “Executive”).

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 17th, 2008 • Grubb & Ellis Co • Real estate agents & managers (for others) • California

This INDEMNIFICATION AGREEMENT (the “Agreement”) is made and entered into as of October 23, 2006, by and among Anthony W. Thompson (the “Guarantor”) and NNN Realty Advisors, Inc., a Delaware corporation (the “Company”).

FORM OF INDEMNIFICATION AGREEMENT
Form of Indemnification Agreement • March 17th, 2008 • Grubb & Ellis Co • Real estate agents & managers (for others) • Delaware

This Indemnification Agreement (“Agreement”) is made as of ___, 2008 (the “Effective Date”) by and between Grubb & Ellis Company, a Delaware corporation (the “Company”), and ___who serves as a director and/or officer of the Company (“Indemnitee”).

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