ContractUnderwriting Agreement • September 27th, 2019 • Gladstone Commercial Corp • Lessors of real property, nec • New York
Introductory. Gladstone Commercial Corporation, a Maryland corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A hereto (the “Underwriters”) an aggregate of 2,400,000 shares (the “Shares”) of its 6.625% Series E Cumulative Redeemable Preferred Stock, par value $0.001 per share (the “Preferred Stock”). The Company is the indirect general partner of Gladstone Commercial Limited Partnership (the “Operating Partnership”), a Delaware limited partnership that serves as the Company’s primary operating partnership subsidiary. The 2,400,000 Shares to be sold by the Company are called the “Firm Shares.” In addition, the Company has agreed to sell to the Underwriters, subject to the terms and conditions stated herein, up to an additional 360,000 Shares. The additional 360,000 Shares to be sold by the Company pursuant to such option are collectively called the “Optional Shares.” The Firm Shares and, if and to the extent such option is exercised, th
EXHIBIT SEP PARTNERSHIP UNIT DESIGNATION DESIGNATION OFGladstone Commercial Corp • September 27th, 2019 • Lessors of real property, nec
Reference is made to the Second Amended and Restated Agreement of Limited Partnership (the “Partnership Agreement”) of Gladstone Commercial Limited Partnership, a Delaware limited partnership (the “Partnership”), of which this Partnership Unit Designation shall become a part.
