SECOND AMENDED AND RESTATED ESCROW AGREEMENTEscrow Agreement • October 23rd, 2012 • Clarion Partners Property Trust Inc. • Real estate investment trusts • New York
THIS SECOND AMENDED AND RESTATED ESCROW AGREEMENT (the “Agreement”) made and entered into as of the 17th day of October, 2012 (the “Effective Date”), by and among Clarion Partners Property Trust Inc. (the “Company”), ING Investments Distributor, LLC (the “Dealer Manager”), and BNY Mellon Investment Servicing (US) Inc., as escrow agent (the “Escrow Agent” or “BNYM”), amends and restates that certain First Amended and Restated Escrow Agreement dated May 12, 2011, as amended by the First Amendment to the Amended and Restated Escrow Agreement dated February 3, 2012 (collectively, the “Prior Escrow Agreement”).
New York, New York 10169 Re: Subscription Agreement for the Purchase of Shares of Class W Common StockClarion Partners Property Trust Inc. • October 23rd, 2012 • Real estate investment trusts • Maryland
The undersigned, Clarion Partners CPPT Coinvestment, LLC, a Delaware limited liability company, as of the 17th day of October, 2012, subscribes for and agrees to purchase 1,020,000 shares of Class W common stock, $0.01 par value (such shares to be purchased referred to herein as the “Shares”), of Clarion Partners Property Trust Inc. (the “Corporation”), a corporation organized and existing under the laws of the State of Maryland, pursuant to the terms and conditions of this Subscription Agreement. The Corporation is externally managed and advised by CPT Advisors LLC (the “Advisor”), a subsidiary of the undersigned.
LIT/CPPT LEHIGH VENTURE LLC LIMITED LIABILITY COMPANY AGREEMENT DATED AS OF OCTOBER 18, 2012Limited Liability Company Agreement • October 23rd, 2012 • Clarion Partners Property Trust Inc. • Real estate investment trusts • Delaware
THIS LIMITED LIABILITY COMPANY AGREEMENT of LIT/CPPT LEHIGH VENTURE LLC (the “Company”) is made and entered into as of October 18, 2012 (the “Effective Date”), by and between LIT Industrial Limited Partnership, a Delaware limited partnership (“Lion”) and CPPT LEHIGH LLC, a Delaware limited liability company (“CPPT”). Lion and CPPT are sometimes hereinafter referred to collectively as the “Members” and individually as a “Member.”
