DEALER MANAGER AGREEMENT JONES LANG LASALLE INCOME PROPERTY TRUST, INC. Up to $350,000,000 in Shares of Class D Dated March 3, 2015Dealer Manager Agreement • March 5th, 2015 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Illinois
This letter confirms and comprises the agreement (this “Agreement”) between Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), and LaSalle Investment Management Distributors, LLC, a Delaware limited liability company (the “Dealer Manager”), regarding the offer and sale (the “Offering”), in a private placement exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Regulation D promulgated under the Securities Act (“Regulation D”), of up to $350,000,000 of shares of the Company’s Class D shares of common stock, par value $0.01 per share (“Class D Shares”), of which amount up to (a) up to $300,000,000 in shares are being offered to investors pursuant to the Company’s primary offering (the “Primary Shares”) and (b) up to $50,000,000 in shares are being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (the “DRIP Shares” and, together with the Primary Shares,
