0001140361-17-047020 Sample Contracts

December 12, 2017 Lawrence A. Goodfield, Jr. Dear Lawrence:
Drive Shack Inc. • December 21st, 2017 • Real estate investment trusts • New York

It is with great pleasure that we extend to you an offer to join Drive Shack Inc., 1345 Avenue of the Americas, 45th Floor, New York, NY 10105, (212) 479-3195 (the “Company”), as set forth below. This letter is referred to herein as the “Letter Agreement.”

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TERMINATION AND COOPERATION AGREEMENT
Termination and Cooperation Agreement • December 21st, 2017 • Drive Shack Inc. • Real estate investment trusts • New York

This TERMINATION AND COOPERATION AGREEMENT (the “Agreement”), dated as of December 21, 2017, is made by and between Drive Shack Inc., a Maryland corporation (the “Company”), and FIG LLC, a Delaware limited liability company (the “Manager”). The Company and the Manager are collectively referred to as the “Parties” and each individually as a “Party.”

TRANSITION SERVICES AGREEMENT
Transition Services Agreement • December 21st, 2017 • Drive Shack Inc. • Real estate investment trusts • New York

This TRANSITION SERVICES AGREEMENT (the “Agreement”), dated as of December 21, 2017, and effective as of January 1, 2018 (the “Effective Date”), is made by and between Drive Shack Inc., a Maryland corporation (the “Company”), and FIG LLC, a Delaware limited liability company (“Service Provider”). The Company and Service Provider are collectively referred to as the “Parties” and each individually as a “Party.”

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