0001116679-07-002138 Sample Contracts

PURCHASE AND SALE AGREEMENT
Lease Agreement • August 16th, 2007 • Lexington Master Limited Partnership • Operators of nonresidential buildings • Delaware

THIS PURCHASE AND SALE AGREEMENT (“Agreement”) is made as of the 10th day of August, 2007, between The Lexington Master Limited Partnership, a Delaware limited partnership (“LMLP”), and Net Lease Strategic Assets Fund L.P., a Delaware limited partnership (the “Partnership”).

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MANAGEMENT AGREEMENT
Management Agreement • August 16th, 2007 • Lexington Master Limited Partnership • Operators of nonresidential buildings • Delaware

THIS MANAGEMENT AGREEMENT (this “Management Agreement”) is dated as of August 10, 2007 and entered into by and between Net Lease Strategic Assets Fund L.P., a Delaware limited partnership (the “Partnership”), and Lexington Realty Advisors, Inc., a Delaware corporation (the “Asset Manager”).

LIMITED PARTNERSHIP AGREEMENT OF NET LEASE STRATEGIC ASSETS FUND L.P. Dated as of August 10, 2007
Limited Partnership Agreement • August 16th, 2007 • Lexington Master Limited Partnership • Operators of nonresidential buildings • Delaware

THIS LIMITED PARTNERSHIP AGREEMENT (as it may be amended, modified, supplemented or restated from time to time, this “Agreement”) of NET LEASE STRATEGIC ASSETS FUND L.P. (the “Partnership”), made and entered into as of August 10, 2007 by and among The Lexington Master Limited Partnership, a Delaware limited partnership (“LMLP”), as a limited partner of the Partnership, LMLP GP LLC, a Delaware limited liability company (“LMLP GP”), as a general partner of the Partnership, and Inland American (Net Lease) Sub, LLC, a Delaware limited liability company (“Inland”), as a limited partner of the Partnership.

CONTRIBUTION AGREEMENT
Contribution Agreement • August 16th, 2007 • Lexington Master Limited Partnership • Operators of nonresidential buildings • Delaware

THIS CONTRIBUTION AGREEMENT (“Agreement”) is made as of the 10th day of August, 2007, between The Lexington Master Limited Partnership, a Delaware limited partnership (“LMLP”), and Net Lease Strategic Assets Fund L.P., a Delaware limited partnership (the “Partnership”).

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