0001299933-07-001092 Sample Contracts

ASSIGNMENT OF CONTRACT
Assignment of Contract • February 22nd, 2007 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings

THIS ASSIGNMENT OF CONTRACT (the “Assignment”) is made as of the 15th day of February 2007 by Triple Net Properties, LLC, a Virginia limited liability company (“Assignor”), to NNN VF Four Resource Square, LLC, a Delaware limited liability company (“Assignee”).

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CONTRACT OF SALE between G&I III RESOURCE SQUARE LLC Seller and TRIPLE NET PROPERTIES, LLC Purchaser
Contract of Sale • February 22nd, 2007 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings • North Carolina

CONTRACT (this “Contract”) made this 9 day of January, 2007 by and between G&I III RESOURCE SQUARE LLC, a Delaware limited liability company, having an address at c/o DRA Advisors LLC, 220 East 42nd Street, New York, New York 10017 (“Seller”) and TRIPLE NET PROPERTIES, LLC, a Virginia limited liability company, having an address at 1551 N. Tustin Avenue, Suite 200, Santa Ana, CA 92705 (“Purchaser”).

FIRST AMENDMENT TO CONTRACT OF SALE
Contract of Sale • February 22nd, 2007 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings

THIS FIRST AMENDMENT (this “Amendment”) dated as of February , 2007 by and between G&I III Resource Square LLC, a Delaware limited partnership, having an address c/o DRA Advisors LLC, 220 East 42nd Street, 27th Floor, New York, New York 10017 (“Seller”) and to NNN VF Four Resource Square, LLC, a Delaware limited liability company, having an address at 1551 N. Tustin Avenue, Suite 300, Santa Ana, CA 92705 (“Purchaser”).

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