Common use of Terms and Conditions of the Dealer Manager Fee Clause in Contracts

Terms and Conditions of the Dealer Manager Fee. The Company will pay to the Dealer Manager a Dealer Manager Fee that is calculated daily on a continuous basis from year to year equal to 1/365th of (i) 1.05% of the Company’s NAV for each outstanding Class A shares for such day, (ii) 0.30% of the Company’s NAV for each outstanding Class A-I shares for such day, (iii) 0.30% of the Company’s NAV for each outstanding Class M shares for such day, and (iv) 0.05% of the Company’s NAV for each outstanding Class M-I shares for such day; in each case the foregoing amounts shall be payable unless the Dealer Manager notifies the Company that it has elected to waive a portion of the Dealer Manager Fee for any given period, in which event the agreed upon lesser Dealer Manager Fee shall be payable. Notwithstanding the termination of any Offering or this Agreement, the Company will continue paying the Dealer Manager Fee with respect to shares sold in such Offering prior to the Termination Date for so long as such shares remain outstanding and until the date at which total underwriting compensation (as defined in accordance with applicable FINRA rules) paid with respect to such shares equals 10% of the gross proceeds from the sale of Primary Shares in such Offering. “DEALER MANAGER” LASALLE INVESTMENT MANAGEMENT DISTRIBUTORS, LLC Name: Title: “COMPANY” XXXXX XXXX LASALLE INCOME PROPERTY TRUST, INC. Name: Title: EXHIBIT A FORM OF PARTICIPATING BROKER-DEALER AGREEMENT XXXXX LANG LASALLE INCOME PROPERTY TRUST, INC. Public Offering in Shares of Common Stock, $0.01 par value per share Dated: , 2014 Ladies and Gentlemen:

Terms and Conditions of the Dealer Manager Fee. The Company will pay to the Dealer Manager a Dealer Manager Fee that is calculated daily on a continuous basis from year to year equal to 1/365th of (i) 1.050.85% of the Company’s NAV for each all outstanding Class A shares for such day, (ii) 0.30% of the Company’s NAV for each all outstanding Class A-I shares for such day, (iii) 0.30% of the Company’s NAV for each all outstanding Class M shares for such day, and (iv) 0.05.00% of the Company’s NAV for each all outstanding Class M-I shares for such day; in each case the foregoing amounts shall be payable unless the Dealer Manager notifies the Company that it has elected to waive a portion of the Dealer Manager Fee for any given period, in which event the agreed agreed-upon lesser Dealer Manager Fee shall be payable. Notwithstanding the termination of any Offering or this Agreement, the Company will continue paying the Dealer Manager Fee with respect to shares sold in such Offering prior to the Termination Date for so long as such shares remain outstanding and until the date at which total underwriting compensation (as defined in accordance with applicable FINRA rules) paid with respect to such shares equals 10% of the gross proceeds from the sale of Primary Shares in such OfferingOffering (or, with respect to Primary Shares sold by a particular Participating Broker-Dealer, a lower limit as set forth in the Participating Broker-Dealer Agreement between the Dealer Manager and the applicable Participating Broker-Dealer in effect on the date upon which such Primary Shares were sold). “DEALER MANAGER” LASALLE INVESTMENT MANAGEMENT DISTRIBUTORS, LLC Name: Title: “COMPANY” XXXXX XXXX LASALLE INCOME PROPERTY TRUST, INC. Name: Title: JLLIPT Holdings LP By: JLLIPT HOLDINGS GP, LLCits General Partner By: XXXXX LANG LASALLE INCOME PROPERTY TRUST, INC., its sole Member and Manager By: Name: X. Xxxxx SwaringenTitle: President and CEO EXHIBIT A FORM OF PARTICIPATING BROKER-DEALER AGREEMENT XXXXX LANG LASALLE INCOME PROPERTY TRUST, INC. Public Offering in Shares of Common Stock, $0.01 par value per share Dated: ________, 2014 2018 Ladies and Gentlemen:

Terms and Conditions of the Dealer Manager Fee. The Company will pay to the Dealer Manager a Dealer Manager Fee that is calculated daily on a continuous basis from year to year equal to 1/365th of (i) 1.05% of the Company’s NAV for each outstanding Class A shares for such day, (ii) 0.30% of the Company’s NAV for each outstanding Class A-I shares for such day, (iii) 0.30% of the Company’s NAV for each outstanding Class M shares for such day, and (iv) 0.05% of the Company’s NAV for each outstanding Class M-I shares for such day; in each case the foregoing amounts shall be payable unless the Dealer Manager notifies the Company that it has elected to waive a portion of the Dealer Manager Fee for any given period, in which event the agreed upon lesser Dealer Manager Fee shall be payable. Notwithstanding the termination of any Offering or this Agreement, the Company will continue paying the Dealer Manager Fee with respect to shares sold in such Offering prior to the Termination Date for so long as such shares remain outstanding and until the date at which total underwriting compensation (as defined in accordance with applicable FINRA rules) paid with respect to such shares equals 10% of the gross proceeds from the sale of Primary Shares in such Offering. “DEALER MANAGER” LASALLE INVESTMENT MANAGEMENT DISTRIBUTORS, LLC Name: Title: “COMPANY” XXXXX XXXX LASALLE INCOME PROPERTY TRUST, INC. Name: Title: EXHIBIT A FORM OF PARTICIPATING BROKER-DEALER AGREEMENT XXXXX LANG LASALLE INCOME PROPERTY TRUST, INC. Public Offering in Shares of Common Stock, $0.01 par value per share Dated: , 2014 2015 Ladies and Gentlemen:

Terms and Conditions of the Dealer Manager Fee. The Company will pay to the Dealer Manager a Dealer Manager Fee that is calculated daily on a continuous basis from year to year equal to 1/365th of (i) 1.050.55% of the Company’s NAV for each outstanding Class A shares for such day, (ii) 0.30% of the Company’s NAV for each outstanding Class AI-I A shares for such day, (iii) 0.30% of the Company’s NAV for each outstanding Class M shares for such day, and (iv) 0.05% of the Company’s NAV for each outstanding Class MI-I M shares for such day; in each case the foregoing amounts shall be payable unless the Dealer Manager notifies the Company that it has elected to waive a portion of the Dealer Manager Fee for any given period, in which event the agreed upon lesser Dealer Manager Fee shall be payable. Notwithstanding the termination of any Offering or this Agreement, the Company will continue paying the Dealer Manager Fee with respect to shares sold in such Offering prior to the Termination Date for so long as such shares remain outstanding and until the date at which total underwriting compensation (as defined in accordance with applicable FINRA rules) paid with respect to such shares equals 10% of the gross proceeds from the sale of Primary Shares in such Offering. “DEALER MANAGER” LASALLE INVESTMENT MANAGEMENT DISTRIBUTORS, LLC Name: Title: “COMPANY” XXXXX XXXX LASALLE INCOME PROPERTY TRUST, INC. Name: Title: EXHIBIT A FORM OF PARTICIPATING BROKER-DEALER AGREEMENT XXXXX LANG LASALLE INCOME PROPERTY TRUST, INC. Public Offering in of Shares of Common Stock, $0.01 par value per share Dated: , 2014 Ladies and Gentlemen: