0001437749-09-000551 Sample Contracts

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 15th, 2009 • Gyrodyne Co of America Inc • Operators of nonresidential buildings • Virginia

THIS PURCHASE AND SALE AGREEMENT (this "Agreement") dated as of this 2nd day of January, 2009 (the "Effective Date"), is made by and between GYRODYNE COMPANY OF AMERICA, INC., a New York corporation, its successors or assigns, having an office at 1 Flowerfield, Suite 24, St. James, NY 11780 ("Purchaser"), and FAIRFAX MEDICAL CENTER, LLC, a Virginia limited liability company, having an address of c/o Chung & Press, P.C., 6718 Whittier Avenue, Suite 200, McLean, Virginia 22101 ("Seller").

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FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 15th, 2009 • Gyrodyne Co of America Inc • Operators of nonresidential buildings

This First Amendment to Purchase and Sale Agreement ("Amendment") is entered into this 16th day of February, 2009, by and between FAIRFAX MEDICAL CENTER, LLC, a Virginia limited liability company ("Seller") and GYRODYNE COMPANY OF AMERICA, INC., a New York corporation ("Purchaser").

SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • May 15th, 2009 • Gyrodyne Co of America Inc • Operators of nonresidential buildings

THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this "Amendment") is entered as of the 19th day of March, 2009, by and between FAIRFAX MEDICAL CENTER, LLC, a Virginia limited liability company ("Seller") and GYRODYNE COMPANY OF AMERICA, INC., a New York corporation ("Purchaser").

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