0001144204-13-059767 Sample Contracts

FORM OF SUBSCRIPTION ESCROW AGREEMENT
Subscription Escrow Agreement • November 8th, 2013 • Phillips Edison - ARC Grocery Center REIT II, Inc. • Real estate investment trusts • New York

THIS SUBSCRIPTION ESCROW AGREEMENT dated as of , 2013 (this “Agreement”), is entered into among Realty Capital Securities, LLC (the “Dealer Manager”), Phillips Edison – ARC Grocery Center REIT II, Inc. (the “Company”) and UMB Bank, N.A., as escrow agent (the “Escrow Agent”).

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