AMENDMENT NO. 3 TO ADVISORY AGREEMENTAdvisory Agreement • August 13th, 2012 • NorthStar Real Estate Income Trust, Inc. • Real estate investment trusts
This Amendment No. 3 is made and entered into as of August 8, 2012 and amends the Advisory Agreement dated as of March 17, 2010, as first amended on February 24, 2011 and renewed on July 19, 2011, as further amended on November 8, 2011 and renewed on July 19, 2012 (the "Advisory Agreement"), by and among NorthStar Real Estate Income Trust, Inc., a Maryland corporation (the "Company"), NorthStar Real Estate Income Trust Operating Partnership, LP, a Delaware limited partnership (the "Operating Partnership"), NS Real Estate Income Trust Advisor, LLC (the "Advisor") and NorthStar Realty Finance Corp., a Maryland corporation (the "Sponsor"). Capitalized terms used but not defined herein shall have the meanings set forth in the Advisory Agreement.
