AMENDED AND RESTATED ADVISORY AGREEMENTAmended and Restated Advisory Agreement • November 19th, 2008 • Grubb & Ellis Healthcare REIT, Inc. • Real estate investment trusts • Maryland
THIS AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of November 14, 2008 and effective as of October 24, 2008 (the “Effective Date”), is by and among GRUBB & ELLIS HEALTHCARE REIT, INC., a Maryland corporation (the “Company”), GRUBB & ELLIS HEALTHCARE REIT HOLDINGS, LP, a Delaware limited partnership (the “Partnership”), GRUBB & ELLIS HEALTHCARE REIT ADVISOR, LLC, a Delaware limited liability company (the “Advisor”) and, solely for purposes of Sections 17 and 37 of this Agreement, GRUBB & ELLIS REALTY INVESTORS, LLC, a Virginia limited liability company (“GERI”) and amends, restates, and supersedes in its entirety that certain Advisory Agreement dated September 20, 2006, as amended by a First Amendment to Advisory Agreement dated November 16, 2006 (collectively, the “Original Advisory Agreement”) executed by the Company, Partnership, Advisor and GERI. From and after the execution and delivery of this Agreement, the Original Advisory Agreement shall be of no furthe
November 14, 2008Grubb & Ellis Healthcare REIT, Inc. • November 19th, 2008 • Real estate investment trusts
As you are aware, the Board of Directors of Grubb & Ellis Healthcare REIT, Inc. (the “Company”) desires to become self-managed. As an initial step, we are hiring you to spearhead this endeavor.
AMENDMENT NO. 1 TO AGREEMENT OF LIMITED PARTNERSHIP OF GRUBB & ELLIS HEALTHCARE REIT HOLDINGS, LPGrubb & Ellis Healthcare REIT, Inc. • November 19th, 2008 • Real estate investment trusts • Delaware
THIS AMENDMENT NO. 1 TO AGREEMENT OF LIMITED PARTNERSHIP OF GRUBB & ELLIS HEALTHCARE REIT HOLDINGS, LP (this “Amendment”), dated as of November 14, 2008, is entered into by and among Grubb & Ellis Healthcare REIT, Inc., a Maryland corporation, as general partner (the “General Partner”), and Grubb & Ellis Healthcare REIT Advisor, LLC (referred to herein as the “Initial Limited Partner” or the “Advisor”, as applicable).
