Common use of SUMMARY OF TERMS Clause in Contracts

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. Properties: Fee title to those certain parcels of real property legally described on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 (the “Purchase Price”). Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agree. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 Xxxxxxxxxx Xxxx, Suite 710 Cincinnati, Ohio Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property legally described Seller’s interest in each Site listed on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Schedule A. Purchase Price: $29,312,310.00 (the “Purchase Price”). 1,318,890,241.00 Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study 40,000,000.00 Transaction Fee: $25,000.00 Diligence Period: Expires October 29, 2014The period ending at 5:00 p.m. (MST) on the Effective Date. Closing Date: November 10January 17, 20142022, subject to the terms of the Agreement, including satisfaction or such earlier date to which Buyer and Seller agreewaiver of all conditions precedent. Escrow Agent: First American Title Insurance Company, Company National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx XX 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 FaxXxxxx Xxxxxx Phone: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx xxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to SellerBuyer: Midland Atlantic 0000 Xxxxxxxxxx American Finance Operating Partnership, L.P. 000 Xxxxx Xxx., 00xx Xxxxx Xxx Xxxx, Suite 710 Cincinnati, Ohio Attn: Xxxxx XX 00000 Xxxxxxx Tel: (513) 792-5000 ext. 201 FaxXxxxxxxx Phone: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx XXxxxxxxx@xx-xxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx, Weiss, Rifkind, Xxxxxxx & Xxxxxxxx LLP 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx Xxxxx X. Xxxx, Esq. Tel: (000) 000-0000 FaxXxxxx Phone: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyerxxxxxx@xxxxxxxxx.xxx and to: ARCP AcquisitionsProskauer Rose LLP 00 X. Xxxxxxx Street, LLC c/o American Realty Capital PropertiesSuite 3800 Chicago, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Illinois 60602-4342 Attn: H. Xxxxxxx X. Xxxxxx Xxxxxx Tel: (000) 000-0000 FaxPhone: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy toxxxxxxx@xxxxxxxxx.xxx If to Seller: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. CIM Group 0000 X. Xxxxxxxxx Xxxx, 0xx Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 FaxXxxxxxxxxxx Xxxxx and General Counsel Phone: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Notice Provisionsxxxxxx@xxxxxxxx.xxx Email: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the PropertyXxxxxxxXxxxxxx@xxxxxxxx.xxx with a copy to: NameXxxxxxxxx, P.C. 00000 X. Xxxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxxxxx, XX 00000 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 extX. Xxxxx, Esq. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx TelPhone: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase xxxxxx@xxxxxxxxx.xxx Notice Provisions: See Section 7.1. Seller’s Broker: CBRE (Xxxxx Xxxxxx, Xxxxxxxxxxx X. Xxxxxxxx, Xxxxx Xxxxxx and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisXxxxxxxxx Xxxxxxxx)

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property legally described Seller’s interest in each Site listed on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Schedule A. Purchase Price: $29,312,310.00 (the “Purchase Price”). 1,318,890,241.00 Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study 40,000,000.00 Transaction Fee: $25,000.00 Diligence Period: Expires October 29, 2014The period ending at 5:00 p.m. (MST) on the Effective Date. Closing Date: November 10January 17, 20142022, subject to the terms of the Agreement, including satisfaction or such earlier date to which Buyer and Seller agreewaiver of all conditions precedent. Escrow Agent: First American Title Insurance Company, Company National Commercial Services (“Escrow Agent”) 0000 2000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx XX 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 FaxSxxxx Xxxxxx Phone: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx sxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to SellerBuyer: Midland Atlantic 0000 Xxxxxxxxxx American Finance Operating Partnership, L.P. 600 Xxxxx Xxx., 00xx Xxxxx Xxx Xxxx, Suite 710 Cincinnati, Ohio Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 FaxXX 00000 Mxxxxxx Xxxxxxxx Phone: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx MXxxxxxxx@xx-xxxxxx.xxx with a copy to: Xxxxx Xxxxx Pxxx, Weiss, Rifkind, Wxxxxxx & Gxxxxxxx LLP 1000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx Pxxxx X. Xxxx, Esq. Tel: (000) 000-0000 FaxXxxxx Phone: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyerpxxxxx@xxxxxxxxx.xxx and to: ARCP AcquisitionsProskauer Rose LLP 70 X. Xxxxxxx Street, LLC c/o American Realty Capital PropertiesSuite 3800 Chicago, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Illinois 60602-4342 Attn: H. Mxxxxxx X. Xxxxxx Xxxxxx Tel: (000) 000-0000 FaxPhone: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy tomxxxxxx@xxxxxxxxx.xxx If to Seller: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 CIM Group 2000 X. Xxxxxxxxx Xxxx, 0xx Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 FaxCxxxxxxxxxx Xxxxx and General Counsel Phone: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 cxxxxx@xxxxxxxx.xxx Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – LouisvilleGxxxxxxXxxxxxx@xxxxxxxx.xxx with a copy to: Bxxxxxxxx, Kentucky; RockfordP.C. 10000 X. Xxxxxxxxxx Xxxx, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this AgreementXxxxx 000 Xxxxxxxxxx, XX 00000 Attn: Name: Xxxx Xxxx TelKxxxx X. Xxxxx, Esq. Phone: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master kxxxxx@xxxxxxxxx.xxx Notice Provisions: See Section 7.1. Seller ’s Broker: CBRE (Dxxxx Xxxxxx, Cxxxxxxxxxx X. Xxxxxxxx, Kxxxx Xxxxxx and Cxxxxxxxx Xxxxxxxx) Agreement of Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisCMFT Portfolio 2

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property located at 000 Xxxx Xxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxx, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “Land”), together with all buildings the building thereon containing approximately 71,680 square feet (each, a the “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. The Property does not include any other portion of the Cartersville Shopping Center. Purchase Price: $29,312,310.00 10,496,000 (the “Purchase Price”). Deposit: $565,795.75 210,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014Thirty (30) days. Closing Date: November Ten (10, 2014, or such earlier date to which Buyer and Seller agree) days after expiration of the Study Period. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Purchase and Sale Agreement Academy Sports – Cartersville, GA Notices Addresses for the Parties: If to Seller: Midland Atlantic Light Delaware, LLC 00 Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx Xxx Xxxx, Suite 710 Cincinnati, Ohio XX 00000 Attn: Xxxxx Xxxxxxx Xxxxxx Xxxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Xxxxxx0xxxxxxxx@xxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower Xxxxxxxxx 000 Xxxx Xxxxxxxx Xxxxxx Xxxxxx XxxxxxxxxxCedarhurst, XX 00000 Attn: Xxxx X. Xxxx, Esq. NY 11516 Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx xxxxx@xxxxxxxxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx xxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Xxxxxxxx Xxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Xxxxxx Xxxxxxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Xxxxxx0xxxxxxxx@xxxxx.xxx Purchase and Sale Agreement MT Academy Sports – LouisvilleCartersville, Kentucky; Rockford, IllinoisGA

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those A ground leasehold estate in certain parcels of real property located at 000 Xxx Xxxxx Drive, Huntsville, Alabama, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “Land”), together with all buildings the building thereon containing approximately 120,000 square feet (each, a the “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 23,050,000.00 (the “Purchase Price”). Deposit: $565,795.75 230,500.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Additional Deposit: $230,500.00 (due on June 24, 2014) Study Period: Expires October 29From the Effective Date through June 23, 2014. 2014 Closing Date: November 10On or before July 3, 2014, or such earlier date to which Buyer and Seller agree. 2014 Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 Xxxxxxxxxx XxxxCopter Properties, LLC 000 Xxxxxx Xxxxxx, Suite 710 Cincinnati200 Atlanta, Ohio GA 30318 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. E. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx xxxxxxxxxxxx@xxxxxxxx.xxx with a copy to: Triad Properties Corporation 000 Xxxxxx Xxxxxx XX, Xxxxx 000 Xxxxxxxxxx, Xxxxxxx 00000 Attn: Xxxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxxxxxx, Xxxxxxx & Xxxxx, LLP 0000 Xxxxxxxxx Xxxxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Attn: Xxxxxxxx X. Xxxxxxx, Esq. Tel: (000) 0000-0000 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Attn: Xxxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx XxxxXxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx000 Xxxxxxxxx, XX Xxxxx Xxxxxxxx 00000 Attn: Xxxx Xxxx Xxxxx Xxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Xxxxxx Office Tel: (000) 000-0000 Mobile Tel: (256) 000- 0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinoisxxxxxxx@xxxxxxxxxxxxxxx.xxx

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. Properties: Fee title to those certain parcels of real property legally described on Exhibit A-1 through Exhibit A-2 A-__ attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 20,300,000.00 (the “Purchase Price”). Deposit: $565,795.75 203,000.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014Thirty (30) days. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agreeFifteen (15) days after expiration of the Study Period. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Master Purchase and Sale Agreement Walgreens—4 Pack Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 Xxxxxxxxxx XxxxEstate of Xxxxxxx Xxxx 00000 Xxxxxx Xxxxx Melbourne, Suite 710 Cincinnati, Ohio FL 32940 Attn: Xxxxx Xxxxxxx Xxxx, as Personal Representative Tel: (513) 792000)-000-5000 ext. 201 0000 Email: xxxxxxxx@xxxxx.xxx with a copy to: Xxxxxxx Xxxxxxx 0000 Xxxxx Xxxxxxx Xxxxxxx, Xxxxx 000 Xxxx Xxxxx, Xxxxxxx 00000 Tel: 000-000-0000 Fax: (000) -000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx xxxxxx@xx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Xxxxx Xxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Xxxx Tel: (513) 792000)-000-5000 ext. 201 0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx xxxxxxxx@xxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisWalgreens—4 Pack

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property legally described Seller’s interest in each Site listed on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Schedule A. Purchase Price: $29,312,310.00 (the “Purchase Price”42,000,000.00, as further described in Section 1.2(a). Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agreeThe Effective Date. Escrow Agent: First American Title Insurance CompanyCompany 18500 Von Karman #600 Irvine, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois AttentionCA 92612 Attn: Xxxxxxx Xxxxxxxxx TelBxxxx Xxxxxxxx Phone: (000) 200-000-0000 FaxEmail: bxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Buyer: Generation Income Properties, L.P. c/o Generation Income Properties, Inc. 400 Xxxx Xxxxxxx Xxxxxx, Suite 3300 Tampa, Florida 33602 Attn: Dxxxx Xxxxxxxx Phone: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Partiesdx@xxxxxxx.xxx with a copy to: If to Seller: Midland Atlantic Fxxxx & Lxxxxxx LLP 100 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxx XxxxXxxxx, Suite 710 Cincinnati, Ohio Xxxxxxx 00000 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 FaxCxxx Xxxxxx and Jxxxxx Xxxxxx Phone: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: CXxxxxx@xxxxx.xxx and JXxxxxx@xxxxx.xxx and Trenam Law 200 Xxxxxxx Xxxxxx, Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx 0000 Xx. Xxxxxxxxxx, XX Xxxxxxx 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 FaxTxxxxxx Xxxxxx Phone: (000) 000-0000 Email: XXxxx@xxxxxx.xxx txxxxxx@xxxxxx.xxx If to BuyerSeller: ARCP Acquisitions, LLC c/o American Realty Capital PropertiesModiv Operating Partnership, Inc. 0000 X. Xxxxxxxxx XxxxL.P. 75 MxXxxx Drive #19626 Reno, Xxxxx 0000 Xxxxxxx, XX 00000 NV 89511 Attn: H. Jxxx Xxxxx and Rxx Xxxxxx Xxxxxx TelEmail: (000) 000jxxxxx@xxxxx.xxx and rxxxxxx@xxxxx.xxx With a copy to: Mxxxxx, Mxxxxxx & Mxxxxx, LLP 1600 Atlanta Financial Center 3000 Xxxxxxxxx Xxxx XX Atlanta, Georgia 30326 Attn: Axxxxx Xxxxxxxxx, Esq. Phone: 400-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy toaxxxxxxxxx@xxxxxx.xxx Attn: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Lxxxxx Xxxxxxx, XX 00000 AttnEsq. Phone: Xxxx Xxxx Tel: (000) 000400-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx lxxxxxxx@xxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois7.1.

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property legally described Seller’s interest in each Site listed on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Schedule A. Purchase Price: $29,312,310.00 (the “Purchase Price”42,000,000.00, as further described in Section 1.2(a). Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agreeThe Effective Date. Escrow Agent: First American Title Insurance CompanyCompany 18500 Von Karman #600 Irvine, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, CA 92612 Attn: Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois AttentionXxxxxxxx Phone: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to SellerBuyer: Midland Atlantic 0000 Xxxxxxxxxx XxxxGeneration Income Properties, L.P. c/o Generation Income Properties, Inc. 000 Xxxx Xxxxxxx Xxxxxx, Suite 710 Cincinnati3300 Tampa, Ohio Florida 33602 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 FaxXxxxxxxx Phone: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx xx@xxxxxxx.xxx with a copy to: Xxxxx & Xxxxxxx LLP 000 Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx XxxxxxxxxxXxxxx Xxxxxx, XX Xxxxx 0000 Xxxxx, Xxxxxxx 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 FaxXxxxxx and Xxxxxx Xxxxxx Phone: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx XxxxXXxxxxx@xxxxx.xxx and XXxxxxx@xxxxx.xxx and Trenam Law 000 Xxxxxxx Xxxxxx, Xxxxx 0000 XxxxxxxXx. Xxxxxxxxxx, XX Xxxxxxx 00000 Attn: H. Xxxxxxx Xxxxxx Xxxxxx Tel: (000) 000-0000 FaxPhone: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with xxxxxxx@xxxxxx.xxx If to Seller: c/o Modiv Operating Partnership, L.P. 75 XxXxxx Drive #19626 Reno, NV 89511 Attn: Xxxx Xxxxx and Xxx Xxxxxx Email: xxxxxx@xxxxx.xxx and xxxxxxx@xxxxx.xxx With a copy to: ARCP AcquisitionsXxxxxx, LLC c/o American Realty Capital PropertiesXxxxxxx & Xxxxxx, Inc. LLP 1600 Atlanta Financial Center 0000 X. Xxxxxxxxx XxxxXxxx XX Atlanta, Xxxxx 0000 Xxxxxxx, XX 00000 Georgia 30326 Attn: Xxxx Xxxx TelXxxxxx Xxxxxxxxx, Esq. Phone: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxxxxxx@xxxxxx.xxx Attn: Xxxxxx Xxxxxxx, Esq. Phone: 000-000-0000 Email: xxxxxxxx@xxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois7.1.

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property located at 1580, 1590, and 0000 Xxxxxxxx Xxxx, Columbus, Ohio, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “Land”), together with all three (3) buildings thereon containing in the aggregate approximately 759,950 square feet (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 26,800,000.00 (the “Purchase Price”). Deposit: $565,795.75 268,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29The period commencing on May 30, 2014 and expiring on June 30, 2014. Closing Date: November 10July 7, 2014, or such earlier date to which Buyer and Seller agree. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 EAST\76951995.6 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 Xxxxxxxxxx XxxxTCI Obetz LLC c/o Trident Capital Group 00 Xxxxx Xxxxxx, Suite 710 CincinnatiXxxxx 000 Xxxxxxxxx, Ohio Xxxxxxxxxxxxx 00000 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Xxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx xxxxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx with a copy to: ARCP AcquisitionsDLA Piper LLP (US) 00 Xxxx Xxxxxx, LLC c/o American Realty Capital Properties00xx Xxxxx Xxxxxx, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisXxxxxxxxxxxxx 00000

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property legally described Seller’s interest in each Site listed on Exhibit A-1 through Exhibit A-2 attached hereto (the “Land”), together with all buildings thereon (each, a “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Schedule A. Purchase Price: $29,312,310.00 (the “Purchase Price”). 1,247,835,296.00 First Deposit: $565,795.75 (such amount, together with all interest earned or accrued thereon, the “10,000,000.00 Second Deposit”). Study : $40,000,000.00 Diligence Period: Expires October 29Sixty (60) days, 2014beginning on the Effective Date. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agreeThirty (30) days after the end of the Diligence Period. Escrow Agent: First American Title Insurance Company, Company National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx XX 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 FaxXxxxx Xxxxxx Phone: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx xxxxxxx@xxxxxxx.xxx Agreement of Purchase and Sale Coyote Portfolio Notices Addresses for the Parties: If to SellerBuyer: Midland Atlantic 0000 Xxxxxxxxxx XxxxRealty Income Corporation 00000 Xx Xxxxxx Xxxx Xxx Xxxxx, Suite 710 Cincinnati, Ohio XX 00000 Attn: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 FaxLegal Department Phone: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy toxxxxxxxx@xxxxxxxxxxxx.xxx If to Seller or any Selling Entity: CIM Real Estate Finance Management, LLC c/o CIM Group 0000 X. Xxxxxxxxx Xxxx, 0xx Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx XxxxxxxxxxXxxxxxx, XX 00000 Attn: Xxxx X. Xxxxxx Xxxx, Esq. Tel: (000) 000-0000 FaxXxxxxx Xxxx, and Xxxx Xxxxxx Phone: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to Buyerxxxxx@xxxxxxxx.xxx Email: ARCP Acquisitionsxxxxx@xxxxxxxx.xxx Email: xxxxxxx@xxxxxxxx.xxx with a copy to: Xxxxxxxxx, LLC c/o American Realty Capital Properties, Inc. 0000 P.C. 00000 X. Xxxxxxxxx Xxxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx000 Xxxxxxxxxx, XX 00000 00000-0000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 FaxXxxxx X. Xxxxx Phone: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxx@xxxxxxxxx.xxx Notice Provisions: See Section 227.1. Seller’s Diligence Contact for scheduling physical inspections of the PropertyBroker: Name: Eastdil Secured/Xxxxx Xxxxxxxxxx and Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Agreement of Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisCoyote Portfolio

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property located at 000 Xxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxxx, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “Land”), together with all buildings the building thereon containing approximately 169,660 square feet (each, a the “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 16,500,000 (the “Purchase Price”). Deposit: $565,795.75 250,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014Thirty (30) days. Closing Date: November 10, 2014, or such earlier date to which Buyer and Seller agreeFifteen (15) days after expiration of the Study Period. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx In conjunction with: Local Title Agent: Wisconsin Title Service Company 0000 Xxxxxxxxx Xxxxx Xxxxxxxx, Xxxxxxxxx 00000 Attention: Xxxx Xxxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic 0000 TI Investors of Columbus LLC c/o Zilber Ltd. 000 Xxxxx Xxxxxxxxxx XxxxXxxxxx Xxxxxxxxx, Suite 710 Cincinnati, Ohio Xxxxxxxxx 00000 Attn: Xxxxx Xxxxxxx Xxxxxx Xxxxxxxxx Tel: (513000) 792000-5000 ext. 201 0000 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx xxx.xxxxxxxxx@xxxxxx.xxx with a copy to: Zilber Ltd. 000 Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx0000 Xxxxxxxxx, XX Xxxxxxxxx 00000 Attn: Xxxx Xxxxx X. Xxxxx, Senior Vice President Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxx.xxxxx@xxxxxx.xxx If to Buyer: VEREIT Acquisitions, LLC c/o VEREIT, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxx 00000 Attn: Xxxxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx If to BuyerXXxxx@XXXXXX.xxx with a copy to: ARCP VEREIT Acquisitions, LLC c/o American Realty Capital PropertiesVEREIT, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX Xxxxxxx 00000 Attn: H. Xxxxxx Xxxxxx Xxxx, Senior Paralegal Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx XXxxx@XXXXXX.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Xxxxxx X. Xxxxxxxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinoisxxx.xxxxxxxxx@xxxxxx.xxx

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property located at 000 X. Xxxxxxx 000, Xxxxxxx, Xxxxx, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “Land”), together with all buildings the building thereon containing approximately 14,820 square feet (each, a the “Building” and, collectively, the “Buildings”) and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 6,234,000.00 (the “Purchase Price”). Deposit: $565,795.75 62,300.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Expires October 29, 2014Thirty (30) days. Closing Date: November Ten (10, 2014, or such earlier date to which Buyer and Seller agree) days after expiration of the Study Period. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Purchase and Sale Agreement Walgreens – Kilgore, TX Notices Addresses for the Parties: If to Seller: Midland Atlantic Xxxxxxxx X. Xxxxxx 0000 Xxxxxxxxxx XxxxXxxxx Xxxxxx Oak Lawn, Suite 710 Cincinnati, Ohio Attn: Xxxxx Xxxxxxx IL 60453 Tel: (513000) 792000-5000 ext0000 with a copy to: Xxxxxx X. Xxxxxx, Esq. 201 Fax000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx with a copy to: Xxxxx Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx xxxxxxx@xxxxxxxxx.xxx If to Buyer: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP Acquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513___) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT Walgreens – LouisvilleKilgore, Kentucky; Rockford, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Name: Xxxx Xxxx Tel: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, IllinoisTX

SUMMARY OF TERMS. Certain key terms of this Agreement are summarized below, but remain subject to the applicable detailed provisions set forth elsewhere in this Agreement. PropertiesProperty: Fee title to those certain parcels of real property commonly known as Xxxxxx Marketplace located at 0000 XX 00xx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, as legally described on Exhibit A-1 through Exhibit A-2 A attached hereto (the “"Land”"), together with all the buildings thereon containing approximately 179,183 square feet (each, a “Building” and, collectively, the “"Buildings”") and including the related property and rights described in this Agreement. Purchase Price: $29,312,310.00 33,700,000.00 (the “"Purchase Price”"). Deposit: $565,795.75 640,000 (such amount, together with all interest earned or accrued thereon, the “"Deposit”"). Study Period: Expires October 29, 2014Thirty (30) days. Closing Date: November Ten (10) days after expiration of the Study Period. Purchase and Sale Agreement Xxxxxx Marketplace, 2014Lawton, or such earlier date to which Buyer and Seller agree. Oklahoma Escrow Agent: First American Title Insurance Company, National Commercial Services (“"Escrow Agent”") 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: If to Seller: Midland Atlantic Xxxxxx Marketplace Investors LP c/o Hunt Properties, Inc. 0000 Xxxxxxxxxx XxxxXxxxxxx Xxxxxx, Suite 710 Cincinnati1300 Dallas, Ohio Texas 75225 Attn: Xxxxx Xxxxxxx Xxxx Xxxxxxxx Tel: (513) 792-5000 ext. 201 Fax: (000) 000-0000 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx xxxx@xxxxxxxx.xxx with a copy to: Glast, Xxxxxxxx & Xxxxxx, P.C. 00000 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx Xxxx LLC 3300 Great American Tower 000 Xxxx Xxxxxx Xxxxxx Xxxxxxxxxx, XX 00000 Attn: Xxxx X. Xxxx, Esq. Xxxxx Xxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxx.xxx xxxxxx@xxx-xxx.xxx If to Buyer: ARCP AcquisitionsAquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: H. Xxxxxx Xxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy to: ARCP AcquisitionsAquisitions, LLC c/o American Realty Capital Properties, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Xxxxx X. Xxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@xxxxxxxx.xxx xxxxxxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxx Xxxxxxx Tel: (513) 792-5000 ext. 201 Email: xxxxxxxx@xxxxxxxxxxxxxxx.xxx Master Purchase and Sale Agreement MT – LouisvilleXxxxxx Marketplace, Kentucky; RockfordLawton, Illinois Buyer’s Contact for obtaining any approvals required under Section 18(b)(ii) or other Sections of this Agreement: Oklahoma Name: Xxxx Xxxx Xxxxxxxx, Tel: (000) -000-0000 Email: XXxxx@xxxxxxxx.xxx Master xxxx@xxxxxxxx.xxx Purchase and Sale Agreement MT – LouisvilleXxxxxx Marketplace, Kentucky; RockfordLawton, IllinoisOklahoma