Common use of Sale of Offered Shares Clause in Contracts

Sale of Offered Shares. Participating Dealer hereby agrees to use its best efforts to sell the Offered Shares for cash on the terms and conditions stated in the Prospectus. Nothing in this Agreement shall be deemed or construed to make Participating Dealer an employee, agent, representative, or partner of the Dealer Manager or the Fund, and Participating Dealer is not authorized to act for the Dealer Manager or the Fund or to make any representations on their behalf except as set forth in the Prospectus and any printed sales literature or other materials prepared by the Fund or Steadfast Investment Adviser, LLC, a Delaware limited liability company that serves as the Fund’s investment adviser pursuant to the terms of an investment advisory agreement (the “Adviser”), provided that the use of said sales literature and other materials has been approved for use by the Fund in writing and all appropriate regulatory agencies (the “Authorized Sales Materials”).

Sale of Offered Shares. Participating Dealer hereby agrees to use its best efforts to sell the Offered Shares for cash on the terms and conditions stated in the Prospectus. Nothing in this Agreement shall be deemed or construed to make Participating Dealer an employee, agent, representative, or partner of the Dealer Manager or the Fund, and Participating Dealer is not authorized to act for the Dealer Manager or the Fund or to make any representations on their behalf except as set forth in the Prospectus and any printed sales literature or other materials prepared by the Fund or Steadfast Stira Investment Adviser, LLC, a Delaware limited liability company that serves as the Fund’s investment adviser pursuant to the terms of an investment advisory agreement (the “Adviser”), provided that the use of said sales literature and other materials has been approved for use by the Fund in writing and all appropriate regulatory agencies (the “Authorized Sales Materials”).