0001193125-19-114995 Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT (2018 Manager Incentive Plan)
Restricted Stock Award Agreement • April 23rd, 2019 • Blackstone Mortgage Trust, Inc. • Real estate investment trusts • Maryland

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), is made effective as of the date set forth on the signature page (the “Signature Page”) attached hereto (the “Date of Grant”), between Blackstone Mortgage Trust, Inc., a Maryland corporation (the “Company”) and the participant identified on the Signature Page attached hereto (the “Participant”).

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AMENDMENT NO. 5 TO AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • April 23rd, 2019 • Blackstone Mortgage Trust, Inc. • Real estate investment trusts • New York

AMENDMENT NO. 5 TO AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT, dated as of February 22, 2019 (this “Amendment”), by and among PARLEX 15 FINCO, LLC, a Delaware limited liability company, (“Master Seller”), on behalf of itself and each Series Seller, and DEUTSCHE BANK AG, CAYMAN ISLANDS BRANCH, a branch of a foreign banking institution (“Buyer”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Repurchase Agreement (as defined below).

FORM OF RESTRICTED STOCK AWARD AGREEMENT (2018 Stock Incentive Plan)
Restricted Stock Award Agreement • April 23rd, 2019 • Blackstone Mortgage Trust, Inc. • Real estate investment trusts • Maryland

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), is made effective as of the date set forth on the signature page (the “Signature Page”) attached hereto (the “Date of Grant”), between Blackstone Mortgage Trust, Inc., a Maryland corporation (the “Company”) and the participant identified on the Signature Page attached hereto (the “Participant”).

FIFTH AMENDMENT TO LIMITED GUARANTY
Limited Guaranty • April 23rd, 2019 • Blackstone Mortgage Trust, Inc. • Real estate investment trusts

THIS FIFTH AMENDMENT TO LIMITED GUARANTY (this “Amendment”) is made as of February 15, 2019 (the “Effective Date”), by and between BLACKSTONE MORTGAGE TRUST, INC., a Maryland corporation (“Guarantor”), and CITIBANK, N.A., a national banking association (“Buyer”).

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