0001564590-18-019171 Sample Contracts

SERITAGE GROWTH PROPFRTIFS Benjamin Schall Chief Executive Officer
Seritage Growth Properties • August 3rd, 2018 • Real estate • New York

We are pleased to extend to you our offer to join Seritage Growth Properties (the "Company") as Executive Vice President and Chief Operating Officer, reporting to Benjamin Schall, President and Chief Executive Officer. This position will be located at Seritage's office in Westwood (Los Angeles), CA, and we anticipate that you will commence employment with us on May 20, 2018. This letter (the "Letter Agreement") serves as confirmation of our offer, subject to the terms and conditions below.

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FORM OF SERITAGE GROWTH PROPERTIES TIME-VESTING RESTRICTED SHARE UNIT AGREEMENT
Restricted Share Unit Agreement • August 3rd, 2018 • Seritage Growth Properties • Real estate • Maryland

WHEREAS, the Grantee currently provides services to Seritage Growth Properties, a Maryland real estate investment trust or one of its Subsidiaries (the “Company”);

FORM OF SERITAGE GROWTH PROPERTIES PERFORMANCE-VESTING RESTRICTED SHARE UNIT AGREEMENT
Seritage Growth Properties • August 3rd, 2018 • Real estate • Maryland

WHEREAS, the Grantee currently provides services to Seritage Growth Properties, a Maryland real estate investment trust or one of its Subsidiaries (the “Company”);

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