Common use of Effect of Election Clause in Contracts

Effect of Election. By opting into the Company’s DRIP, Participant authorizes the Company to automatically reinvest the portion of any cash distributions from the Company allocated to all of Participant’s Shares into additional shares of the Company’s common stock, and to issue such additional shares at the then-current price per share as reviewed and set by the Company on an annual basis. Participant further agrees to provide any additional information or complete any additional necessary paperwork that the Company or Participant’s financial institution may require in order to authorize such reinvestment and to issue the additional shares under the DRIP.

Effect of Election. By opting into in to the Company’s DRIP, Participant authorizes the Company to automatically reinvest the portion of any cash distributions from the Company allocated to all of Participant’s Shares into additional shares of the Company’s common stock, and to issue such additional shares at the then-current price per share as reviewed and set by the Company on an annual basis. Participant further agrees to provide any additional information or complete any additional necessary paperwork that the Company or Participant’s financial institution may require in order to authorize such reinvestment and to issue the additional shares under the DRIP.