Exhibit 4.10 SUBORDINATION AGREEMENT THIS SUBORDINATION AGREEMENT (this "AGREEMENT") dated as of May 9, 2003 is given by the undersigned in favor of Bank of America, N.A., as Agent (as defined below), and the Lender Parties (as defined below)....Subordination Agreement • May 20th, 2003 • Grubb & Ellis Co • Real estate agents & managers (for others) • Illinois
EXHIBIT 10.3 December 20, 2002 Mr. Robert J. Walner 1889 Cavell Avenue Highland Park, IL 60035 Re: CHANGE OF STATUS AND SEPARATION AGREEMENT Dear Bob: This letter, upon your signature, will constitute the entire agreement ("Agreement") between you and...Grubb & Ellis Co • May 20th, 2003 • Real estate agents & managers (for others) • Illinois
Exhibit 4.9 SECURITY AGREEMENT THIS AGREEMENT is made on May 9 , 2003, by and between GRUBB & ELLIS COMPANY, a Delaware corporation ("Company"), whose chief executive office is located at 2215 Sanders Road, Suite 400, Northbrook, Illinois 60062, and...Security Agreement • May 20th, 2003 • Grubb & Ellis Co • Real estate agents & managers (for others) • Illinois
May 9, 2003 Kojaian Funding, L.L.C. 39400 Woodward Avenue Suite 250 Bloomfield Hills, Michigan 48304 Re: $4,000,000 Loan ("Loan") from Kojaian Funding, L.L.C. ("Lender") to Grubb & Ellis Company ("Borrower") pursuant to a certain letter agreement...Grubb & Ellis Co • May 20th, 2003 • Real estate agents & managers (for others)
Re: $4,000,000 Loan ("Loan") from Kojaian Funding, L.L.C. ("Lender") to Grubb & Ellis Company ("Borrower") pursuant to a certain letter agreement dated May 7, 2003 between Lender and Borrower ("Agreement").
Exhibit 4.8 GUARANTEE AND COLLATERAL AGREEMENTGuarantee and Collateral Agreement • May 20th, 2003 • Grubb & Ellis Co • Real estate agents & managers (for others) • Illinois
May 9, 2003 Kojaian Funding, L.L.C. 39400 Woodward Avenue Suite 250 Bloomfield Hills, Michigan 48304 Re: $4,000,000 Loan and Security Agreement dated May 9, 2003 (the "Security Agreement") from Kojaian Funding, L.L.C. ("Lender") to Grubb & Ellis...Grubb & Ellis Co • May 20th, 2003 • Real estate agents & managers (for others)
The undersigned hereby warrants and affirms that the proceeds from the above-referenced Loan will used only in connection with Borrower's ordinary course of business and will not be used to pay down any amounts due and owing under that certain Amended and Restated Credit Agreement dated as of December 31, 2000 (as amended or otherwise modified, the "CREDIT AGREEMENT") among Borrower, various financial institutions and Bank of America, N.A., as Administrative Agent.
