Reinstatement and First Sample Contracts

REINSTATEMENT AND FIRST AMENDMENT TO SHOPPING CENTERS PURCHASE AND SALE AGREEMENT
Reinstatement and First • March 7th, 2013 • Phillips Edison - ARC Shopping Center REIT Inc. • Real estate investment trusts • Georgia

PURCHASE AND SALE AGREEMENT (this "Amendment") is made as of this 27th day of December, 2012, by and among EQUITY ONE, INC., a Maryland corporation, EQUITY ONE (SOUTHEAST PORTFOLIO) INC., a Georgia corporation, EQUITY ONE (FLORIDA PORTFOLIO), INC., a Florida corporation (each is singularly referred to herein as "Seller" or collectively as "Sellers"), and THE PHILLIPS EDISON GROUP LLC, an Ohio limited liability company ("Purchaser").

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