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. Property: Fee title to certain real property located at 000 X. Xxxxxxx 000, Xxxxxxx, Xxxxx, as legally described on Exhibit A attached hereto (the “Land”), together with the building thereon containing approximately 14,820 square feet (the “Building”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 (the “Purchase Price”). Deposit: $62,300.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (30) days. Closing Date: Ten (10) 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 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: Xxxxxxxx X. Xxxxxx 0000 Xxxxx Xxxxxx Oak Lawn, IL 60453 Tel: (000) 000-0000 with a copy to: Xxxxxx X. Xxxxxx, Esq. 000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: 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: 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: Tel: (___) Email: Purchase and Sale Agreement Walgreens – Kilgore, TX

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. Property: Fee title to certain real property located at 000 X. Xxxxxxx 0001580, Xxxxxxx1590, Xxxxxand 0000 Xxxxxxxx Xxxx, Columbus, Ohio, as legally described on Exhibit A attached hereto (the “Land”), together with the building three (3) buildings thereon containing in the aggregate approximately 14,820 759,950 square feet (collectively, the “BuildingBuildings”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 26,800,000.00 (the “Purchase Price”). Deposit: $62,300.00 268,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (The period commencing on May 30) days, 2014 and expiring on June 30, 2014. Closing Date: Ten (10) days after expiration of the Study PeriodJuly 7, 2014. Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 EAST\76951995.6 Email: xxxxxxxxxx@xxxxxxx.xxx Purchase and Sale Agreement Walgreens – Kilgore, TX Notices Addresses for the Parties: If to Seller: Xxxxxxxx X. Xxxxxx 0000 Xxxxx Xxxxxx Oak Lawn, IL 60453 Tel: (000) 000-0000 with a copy to: Xxxxxx X. Xxxxxx, Esq. 000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: xxxxxxx@xxxxxxxxx.xxx If to Buyer: ARCP Acquisitions, TCI Obetz LLC c/o American Realty Trident Capital Properties, Inc. 0000 X. Xxxxxxxxx XxxxGroup 00 Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx000 Xxxxxxxxx, XX Xxxxxxxxxxxxx 00000 Attn: Xxxxxx Xxxxxx Xxxxx Xxxxxxxx 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: Tel: (___) Email: Purchase and Sale Agreement Walgreens – Kilgore, TXXxxxxxxxxxxxx 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. Property: Fee title to certain real property located at 000 X. Xxxxxxx 000Xxxxx, XxxxxxxXxxxxxxx, XxxxxXxxxxxxxx, as legally described on Exhibit A attached hereto (the “Land”), together with the building thereon containing approximately 14,820 169,660 square feet (the “Building”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 16,500,000 (the “Purchase Price”). Deposit: $62,300.00 250,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (30) days. Closing Date: Ten Fifteen (1015) 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 Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Purchase and Sale Agreement Walgreens – KilgoreIn conjunction with: Local Title Agent: Wisconsin Title Service Company 0000 Xxxxxxxxx Xxxxx Xxxxxxxx, TX Notices Addresses for the PartiesXxxxxxxxx 00000 Attention: If to Seller: Xxxxxxxx X. Xxxxxx 0000 Xxxxx Xxxxxx Oak Lawn, IL 60453 Tel: (000) 000-0000 with a copy to: Xxxxxx X. Xxxxxx, Esq. 000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: 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: Xxxxxx Xxxxxx Xxxx Xxxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxx.xxx with a copy toxxxxxxxxxxx@xxxxxxx.xxx Notices Addresses for the Parties: ARCP Acquisitions, If to Seller: TI Investors of Columbus LLC c/o American Realty Capital PropertiesZilber Ltd. 000 Xxxxx Xxxxxxxxxx Xxxxxx Xxxxxxxxx, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxx Xxxx Xxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxx@xxxxxxxx.xxx xxx.xxxxxxxxx@xxxxxx.xxx with a copy to: Zilber Ltd. 000 Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxx, Xxxxxxxxx 00000 Attn: 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 with a copy to: VEREIT Acquisitions, LLC c/o VEREIT, Inc. 0000 X. Xxxxxxxxx Xxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxx 00000 Attn: Xxxxxx Xxxx, Senior Paralegal Tel: (000) 000-0000 Fax: (000) 000-0000 Email: XXxxx@XXXXXX.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxxx X. Xxxxxxxxx Tel: (___000) 000-0000 Email: Purchase and Sale Agreement Walgreens – Kilgore, TXxxx.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. Property: Fee title to A ground leasehold estate in certain real property located at 000 X. Xxxxxxx 000Xxx Xxxxx Drive, XxxxxxxHuntsville, XxxxxAlabama, as legally described on Exhibit A attached hereto (the “Land”), together with the building thereon containing approximately 14,820 120,000 square feet (the “Building”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 23,050,000.00 (the “Purchase Price”). Deposit: $62,300.00 230,500.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Additional Deposit: $230,500.00 (due on June 24, 2014) Study Period: Thirty (30) days. From the Effective Date through June 23, 2014 Closing Date: Ten (10) days after expiration of the Study Period. On or before July 3, 2014 Escrow Agent: First American Title Insurance Company, National Commercial Services (“Escrow Agent”) 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 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: Xxxxxxxx X. Copter Properties, LLC 000 Xxxxxx 0000 Xxxxx Xxxxxx Oak Lawn, IL 60453 Tel: (000) 000-0000 with a copy to: Xxxxxx X. Xxxxxx, Esq. 000 X. Xxxxxxxx Street, Suite 200 ChicagoAtlanta, IL 60607 Tel: (000) 000-0000 Email: 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 GA 30318 Attn: 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 X. Xxxxxxxxx XxxxXxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx000 Xxxxxxxxx, XX Xxxxx Xxxxxxxx 00000 Attn: Xxxx 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 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxxxxxx, Xxxxx Xxxxxxxx 00000 Attn: Xxxxx Xxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxx@xxxxxxxx.xxx Notice Provisions: See Section 22. Seller’s Diligence Contact for scheduling physical inspections of the Property: Name: Xxxxxxx Xxxxxx Office Tel: (___000) 000-0000 Mobile Tel: (256) 000- 0000 Email: Purchase and Sale Agreement Walgreens – Kilgore, TXxxxxxxx@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. Property: Fee title to certain real property located at 000 X. Xxxxxxx 000Xxxx Xxxx Xxxxxx, Xxxxxxxxxxxx, Xxxxxxx, Xxxxx, as legally described on Exhibit A attached hereto (the “Land”), together with the building thereon containing approximately 14,820 71,680 square feet (the “Building”) 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: $6,234,000.00 10,496,000 (the “Purchase Price”). Deposit: $62,300.00 210,000 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (30) days. Closing Date: Ten (10) 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 Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Purchase and Sale Agreement Walgreens Academy Sports – KilgoreCartersville, TX GA Notices Addresses for the Parties: If to Seller: Xxxxxxxx X. Xxxxxx Light Delaware, LLC 00 Xxxxx Xxxxxx, Xxxxx 0000 Xxxxx Xxxxxx Oak LawnXxx Xxxx, IL 60453 Tel: (000) 000-0000 with a copy toXX 00000 Attn: Xxxxxx X. Xxxxxx, Esq. 000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: xxxxxxx@xxxxxxxxx.xxx Xxxxxx0xxxxxxxx@xxxxx.xxx with a copy to: Xxxxx Xxxxxxxxx 000 Xxxxxxxx Xxxxxx Cedarhurst, NY 11516 Tel: (000) 000-0000 Email: 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: 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: Xxxxxx Xxxxxxxx Tel: (___000) 000-0000 Email: Xxxxxx0xxxxxxxx@xxxxx.xxx Purchase and Sale Agreement Walgreens Academy Sports – KilgoreCartersville, TXGA

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. PropertyProperties: Fee title to those certain parcels of real property located at 000 X. Xxxxxxx 000, Xxxxxxx, Xxxxx, as legally described on Exhibit A A-1 through Exhibit A-__ attached hereto (the “Land”), together with the building all buildings thereon containing approximately 14,820 square feet (each, a “Building” and, collectively, the “BuildingBuildings”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 20,300,000.00 (the “Purchase Price”). Deposit: $62,300.00 203,000.00 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (30) days. Closing Date: Ten Fifteen (1015) 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 Attention: Xxxxxxx Xxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 Email: xxxxxxxxxx@xxxxxxx.xxx Master Purchase and Sale Agreement Walgreens – Kilgore, TX Walgreens—4 Pack Notices Addresses for the Parties: If to Seller: Xxxxxxxx X. Estate of Xxxxxxx Xxxx 00000 Xxxxxx 0000 Xxxxx Xxxxxx Oak LawnMelbourne, IL 60453 FL 32940 Attn: Xxxxx Xxxx, as Personal Representative Tel: (000) 000000)-000-0000 Email: xxxxxxxx@xxxxx.xxx with a copy to: Xxxxxx X. XxxxxxXxxxxxx Xxxxxxx 0000 Xxxxx Xxxxxxx Xxxxxxx, Esq. Xxxxx 000 X. Xxxxxxxx StreetXxxx Xxxxx, Suite 200 Chicago, IL 60607 Xxxxxxx 00000 Tel: (000) -000-0000 Fax: 000-000-0000 Email: xxxxxxx@xxxxxxxxx.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: 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 Xxxx Tel: (___) 000)-000-0000 Email: xxxxxxxx@xxxxx.xxx Master Purchase and Sale Agreement Walgreens – Kilgore, TXWalgreens—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. Property: Fee title to certain real property commonly known as Xxxxxx Marketplace located at 000 X. Xxxxxxx 0000000 XX 00xx Xxxxxx, XxxxxxxXxxxxx, XxxxxXxxxxxxx 00000, as legally described on Exhibit A attached hereto (the “"Land”"), together with the building buildings thereon containing approximately 14,820 179,183 square feet (the “Building”"Buildings") and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 33,700,000.00 (the “"Purchase Price”"). Deposit: $62,300.00 640,000 (such amount, together with all interest earned or accrued thereon, the “"Deposit”"). Study Period: Thirty (30) days. Closing Date: Ten (10) days after expiration of the Study Period. Purchase and Sale Agreement Xxxxxx Marketplace, Lawton, Oklahoma Exhibit 10.11 Escrow Agent: First American Title Insurance Company, National Commercial Services (“"Escrow Agent”") 0000 X. Xxxxxxxxx Xxxx, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000 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: Xxxxxxxx X. Xxxxxx Marketplace Investors LP c/o Hunt Properties, Inc. 0000 Xxxxx Xxxxxx Oak Lawn, IL 60453 Tel: (000) 000-0000 with a copy to: Xxxxxx X. Xxxxxxx Xxxxxx, Esq. 000 X. Suite 1300 Dallas, Texas 75225 Attn: Xxxx Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel: (000) 000-0000 Email: xxxxxxx@xxxxxxxxx.xxx xxxx@xxxxxxxx.xxx with a copy to: Glast, Xxxxxxxx & Xxxxxx, P.C. 00000 Xxxxxx Xxxxx, Xxxxx 000 Xxxxxx, Xxxxx 00000 Attn: Xxxxx Xxxxx Tel: (000) 000-0000 Email: 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: Tel: (___) Email: Purchase and Sale Agreement Walgreens – KilgoreXxxxxx Marketplace, TXLawton, Oklahoma Exhibit 10.11 Name: Xxxx Xxxxxxxx, Tel: 000-000-0000 Email: xxxx@xxxxxxxx.xxx Purchase and Sale Agreement Xxxxxx Marketplace, Lawton, Oklahoma Exhibit 10.11

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. PropertyProperties: Fee title to those certain parcels of real property located at 000 X. Xxxxxxx 000, Xxxxxxx, Xxxxx, as legally described on Exhibit A A-1 through Exhibit A-2 attached hereto (the “Land”), together with the building all buildings thereon containing approximately 14,820 square feet (each, a “Building” and, collectively, the “BuildingBuildings”) and including the related property and rights described in this Agreement. Purchase Price: $6,234,000.00 29,312,310.00 (the “Purchase Price”). Deposit: $62,300.00 565,795.75 (such amount, together with all interest earned or accrued thereon, the “Deposit”). Study Period: Thirty (30) daysExpires October 29, 2014. Closing Date: Ten (November 10) days after expiration of the Study Period, 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 Purchase and Sale Agreement Walgreens – Kilgore, TX Notices Addresses for the Parties: If to Seller: Xxxxxxxx X. Xxxxxx Midland Atlantic 0000 Xxxxxxxxxx Xxxx, Suite 710 Cincinnati, Ohio Attn: Xxxxx Xxxxxx Oak Lawn, IL 60453 Xxxxxxx Tel: (000513) 000792-0000 with a copy to: Xxxxxx X. Xxxxxx, Esq5000 ext. 000 X. Xxxxxxxx Street, Suite 200 Chicago, IL 60607 Tel201 Fax: (000) 000-0000 Email: xxxxxxx@xxxxxxxxx.xxx 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 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 Walgreens MT – KilgoreLouisville, TXKentucky; 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 [Remainder of page intentionally left blank] Master Purchase and Sale Agreement MT – Louisville, Kentucky; Rockford, Illinois