Kojaian Ventures LLC Sample Contracts

DEUTSCHE BANK SECURITIES INC.
Kojaian Ventures LLC • May 16th, 2007 • Blank checks

In connection with the recent public offering of the common stock of Grubb & Ellis Realty Advisors (the “Company”), Holder is subject to that certain lock-up agreement dated as of February 27, 2006 (“Lock-Up Agreement”) pursuant to which Holder has agreed not to offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any (“Units”), shares of “Common Stock” or “Warrants” for the “Lock-Up Period” (as each of those terms is defined in the Lock-Up Agreement) without the consent of Deutsche Bank Securities Inc. (“Deutsche Bank”).

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JOINT FILING AGREEMENT
Joint Filing Agreement • May 16th, 2007 • Kojaian Ventures LLC • Blank checks

This Joint Filing Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original instrument, but all of such counterparts together shall constitute but one agreement.

UNIT PURCHASE AGREEMENT
Unit Purchase Agreement • May 16th, 2007 • Kojaian Ventures LLC • Blank checks • Michigan

THIS UNIT PURCHASE AGREEMENT (this “Agreement”) is made effective as of May 14, 2007 by and among Kojaian Holdings LLC (“Holdings”) and Kojaian Ventures, L.L.C. (the “Ventures”).

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