0001047469-04-018683 Sample Contracts

ORIGINATION AGREEMENT
Origination Agreement • May 27th, 2004 • Gramercy Capital Corp • Mortgage bankers & loan correspondents • New York

THIS ORIGINATION AGREEMENT (this "Agreement"), dated as of [ ], 2004, is made by and between Gramercy Capital Corp., a Maryland corporation (the "Company"), and SL Green Operating Partnership, L.P., a Maryland limited partnership ("SL Green OP" and, with its parent SL Green Realty Corp. and subsidiaries and other entities controlled by either of them, "SL Green").

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MANAGEMENT AGREEMENT
Management Agreement • May 27th, 2004 • Gramercy Capital Corp • Mortgage bankers & loan correspondents • New York

THIS MANAGEMENT AGREEMENT is made as of [ ], 2004 (this "Agreement") by and between Gramercy Capital Corp., a Maryland corporation (the "Parent"), Gramercy Capital OP LP, a Maryland limited partnership (the "Operating Partnership" and with the Parent, collectively the "Company"), and GKK Manager LLC, a Delaware limited liability company (the "Manager").

OUTSOURCE AGREEMENT
Outsource Agreement • May 27th, 2004 • Gramercy Capital Corp • Mortgage bankers & loan correspondents • New York

THIS OUTSOURCE AGREEMENT (this "Agreement"), dated as of [ ], 2004, is made by and between GKK Manager LLC, a Delaware limited liability company (the "Manager"), and SL Green Operating Partnership, L.P., a Maryland limited partnership ("SL Green").

ASSET SERVICING AGREEMENT
Asset Servicing Agreement • May 27th, 2004 • Gramercy Capital Corp • Mortgage bankers & loan correspondents • New York

THIS ASSET SERVICING AGREEMENT (this "Agreement"), dated as of [ ], 2004, is made by and between GKK Manager LLC a Delaware limited liability company (the "Manager"), and SLG Gramercy Services LLC, a Delaware limited liability company ("Servicer").

AGREEMENT OF LIMITED PARTNERSHIP OF GRAMERCY CAPITAL OP, LP
Gramercy Capital Corp • May 27th, 2004 • Mortgage bankers & loan correspondents • Delaware

THIS FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP, dated as of [ ], 2004, is entered into by and among Gramercy Capital Corp., a Maryland corporation, as the General Partner of and a Limited Partner in the Partnership, SL Green Realty Corp., Gramercy Capital Manager LLC, and the Persons (as defined below) whose names are set forth on Exhibit A, as attached hereto (as it may be amended from time to time).

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