Common use of SUBSCRIPTION FOR AND REPRESENTATIONS AND COVENANTS OF SUBSCRIBER Clause in Contracts

SUBSCRIPTION FOR AND REPRESENTATIONS AND COVENANTS OF SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Issuer the number of Interests set forth on the signature page hereof, at a price equal to $10.00 or $10.6383 per Interest (depending on the intermediaries through which the investment is made), and the Issuer agrees to sell such Interests to the Subscriber for said purchase price, subject to the Issuer’s right to sell to the Subscriber such lesser number of (or no) Interests as the Issuer may, in its sole discretion, deem necessary or desirable. The purchase price in connection with subscriptions for shares are to be sent by check, wire, or ACH transfer made payable to: Atlantic Capital Bank for the benefit of Gratus Capital Properties Fund III, LLC and sent to Atlantic Capital Bank, N.A., in its capacity as escrow agent for the Company, where they will be held in a non-interest-bearing escrow account until the Minimum Offering amount is met.

SUBSCRIPTION FOR AND REPRESENTATIONS AND COVENANTS OF SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Issuer the number of Interests set forth on the signature page hereof, at a price equal to of between $10.00 or 11.08 and $10.6383 11.79 per Interest (depending on the intermediaries through which the investment is made), and the Issuer agrees to sell such Interests to the Subscriber for said purchase price, subject to the Issuer’s right to sell to the Subscriber such lesser number of (or no) Interests as the Issuer may, in its sole discretion, deem necessary or desirable. The purchase price in connection with subscriptions for shares are to be sent by check, wire, or ACH transfer made payable to: Atlantic Capital Bank for the benefit of Gratus Capital Properties Fund III, LLC and sent to Atlantic Capital Bank, N.A., in its capacity as escrow agent for the Company, where they will be held in a non-interest-bearing escrow account until the Minimum Offering amount is met.

SUBSCRIPTION FOR AND REPRESENTATIONS AND COVENANTS OF SUBSCRIBER. 1.1 Subject to the terms and conditions hereinafter set forth, the Subscriber hereby subscribes for and agrees to purchase from the Issuer the number of Interests set forth on the signature page hereof, at a price equal to of between $10.00 or 10.19 and $10.6383 10.84 per Interest (depending on the intermediaries through which the investment is made), and the Issuer agrees to sell such Interests to the Subscriber for said purchase price, subject to the Issuer’s right to sell to the Subscriber such lesser number of (or no) Interests as the Issuer may, in its sole discretion, deem necessary or desirable. The purchase price in connection with subscriptions for shares are to be sent by check, wire, or ACH transfer made payable to: Atlantic Capital Bank for the benefit of Gratus Capital Properties Fund III, LLC and sent to Atlantic Capital Bank, N.A., in its capacity as escrow agent for the Company, where they will be held in a non-interest-bearing escrow account until the Minimum Offering amount is met.