Gramercy Capital Corp Sample Contracts

JUNIOR SUBORDINATED INDENTURE between GKK CAPITAL LP and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee Dated as of January 30, 2009
Junior Subordinated Indenture • February 5th, 2009 • Gramercy Capital Corp • Real estate investment trusts • New York

JUNIOR SUBORDINATED INDENTURE, dated as of January 30, 2009, between GKK Capital LP, a Delaware limited partnership (the “Company”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as Trustee (in such capacity, the “Trustee”).

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AMENDED AND RESTATED TRUST AGREEMENT among GKK CAPITAL LP, as Depositor JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Property Trustee CHASE BANK USA, NATIONAL ASSOCIATION, as Delaware Trustee and THE ADMINISTRATIVE TRUSTEES NAMED HEREIN, as...
Trust Agreement • March 13th, 2006 • Gramercy Capital Corp • Real estate investment trusts • Delaware

THIS AMENDED AND RESTATED TRUST AGREEMENT, dated as of January 27, 2006, among (i) GKK Capital LP, a Delaware limited partnership (including any successors or permitted assigns, the “Depositor”), (ii) JPMorgan Chase Bank, National Association, a national banking association, as property trustee (in such capacity, the “Property Trustee”), (iii) Chase Bank USA, National Association, a national banking association, as Delaware trustee (in such capacity, the “Delaware Trustee”), (iv) Marc Holliday, an individual, Gregory F. Hughes, an individual and Hugh Hall, an individual, each of whose address is c/o GKK Capital LP, 420 Lexington Avenue, New York, NY 10170, as administrative trustees (in such capacities, each an “Administrative Trustee” and, collectively, the “Administrative Trustees” and, together with the Property Trustee and the Delaware Trustee, the “Trustees”) and (v) the several Holders, as hereinafter defined.

GRAMERCY PROPERTY TRUST INC. Common Stock (Par Value $0.001 Per Share) EQUITY DISTRIBUTION AGREEMENT Dated: September 19, 2014
Equity Distribution Agreement • September 19th, 2014 • Gramercy Property Trust Inc. • Real estate investment trusts • New York

Gramercy Property Trust Inc., a Maryland corporation (the “Company”), and GPT Property Trust LP, a Delaware limited partnership (the “Operating Partnership”), each confirms its agreement (this “Agreement”) with [·] (the “Sales Agent”), as follows:

GRAMERCY CAPITAL CORP. 3,618,750 Shares of Common Stock
Underwriting Agreement • September 26th, 2007 • Gramercy Capital Corp • Real estate investment trusts • New York
GRAMERCY PROPERTY TRUST INC. GPT PROPERTY TRUST LP Registration Rights Agreement
Registration Rights Agreement • March 24th, 2014 • Gramercy Property Trust Inc. • Real estate investment trusts • New York

GPT Property Trust LP, a Delaware limited partnership (the “Operating Partnership”), proposes to issue and sell to certain purchasers (the “Initial Purchasers”), for whom you (the “Representative”) are acting as representative, its 3.75% Exchangeable Senior Notes due 2019 (the “Notes”), upon the terms set forth in the Purchase Agreement by and among the Operating Partnership, Gramercy Property Trust Inc. (the “Company”), a Maryland corporation and the sole general partner of the Operating Partnership, and the Representative, dated March 18, 2014 (the “Purchase Agreement”), relating to the initial placement (the “Initial Placement”) of the Notes. Upon an exchange of Notes at the option of the holder thereof, the Operating Partnership will be required to deliver cash, shares of common stock of the Company, par value $0.001 per share (the “Company Common Stock”) or a combination of cash and shares of Company Common Stock, at the election of the Operating Partnership. The Notes will be ful

Amended and Restated Master Repurchase Agreement
Master Repurchase Agreement • October 19th, 2006 • Gramercy Capital Corp • Real estate investment trusts • New York
UNDERWRITING AGREEMENT
Underwriting Agreement • December 16th, 2014 • Gramercy Property Trust Inc. • Real estate investment trusts • New York

The undersigned understands that Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC (the “Managers”) propose to enter into an Underwriting Agreement (the “Underwriting Agreement”) with Gramercy Property Trust Inc., a Maryland corporation (the “Company”), and GPT Property Trust LP, a Delaware limited partnership(the “Operating Partnership”), providing for the public offering (the “Public Offering”) by the several Underwriters, including the Managers (the “Underwriters”), of ___ shares (the “Shares”) of the shares of common stock, $0.001 par value per share, of the Company (the “Common Stock”).

GPT PROPERTY TRUST LP, as Issuer GRAMERCY PROPERTY TRUST INC., as Guarantor U.S. BANK NATIONAL ASSOCIATION, as Trustee INDENTURE Dated as of March 24, 2014 3.75% Exchangeable Senior Notes due 2019
Indenture • March 24th, 2014 • Gramercy Property Trust Inc. • Real estate investment trusts • New York

INDENTURE dated as of March 24, 2014 among GPT Property Trust LP, a Delaware limited partnership (hereinafter called the “Issuer”), Gramercy Property Trust Inc., a Maryland corporation (hereinafter referred to as the “Guarantor” or, in its capacity as general partner of the Issuer, the “General Partner”), each having its principal office at 521 Fifth Avenue, New York, New York 10175, and U.S. Bank National Association, as Trustee hereunder.

COLLATERAL MANAGEMENT AGREEMENT
Collateral Management Agreement • November 9th, 2006 • Gramercy Capital Corp • Real estate investment trusts • New York

This Collateral Management Agreement, dated as of August 24, 2006 (this “Agreement”), is entered into by and between GRAMERCY REAL ESTATE CDO 2006-1, Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands (together with successors and assigns permitted hereunder, the “Issuer”), and GKK MANAGER LLC, a limited liability company organized under the laws of the State of Delaware (together with its successors and assigns, the “Collateral Manager”). Capitalized terms used herein but not otherwise defined herein shall have the respective meanings ascribed thereto in the indenture, dated as of August 24, 2006 (the “Indenture”), by and among the Issuer, Gramercy Real Estate CDO 2006-1 LLC, as co-issuer (the “Co-Issuer”), Wells Fargo Bank, National Association, as trustee (in such capacity, the “Trustee”), paying agent, calculation agent, transfer agent, custodial securities intermediary, backup advancing agent and notes registrar, and GKK Liquidity LL

LOAN AGREEMENT Dated as of December 6, 2012 Between GPT GIG BOA PORTFOLIO OWNER LLC, as Borrower and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as Lender
Loan Agreement • December 12th, 2012 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS LOAN AGREEMENT, dated as of December 6, 2012 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a banking association chartered under the laws of the United States of America, having an address at 383 Madison Avenue, New York, New York 10179 (“Lender”), and GPT GIG BOA PORTFOLIO OWNER LLC, a Delaware limited liability company, having its principal place of business at c/o Gramercy Capital Corp., 420 Lexington Avenue, 18th Floor, New York, NY 10170 (“Borrower”).

THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF GKK CAPITAL LP
Limited Partnership Agreement • March 17th, 2014 • Gramercy Property Trust Inc. • Real estate investment trusts • Delaware

THIS THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP, dated as of April 19, 2006 is made by Gramercy Capital Corp., a Maryland corporation, as the General Partner of and a Limited Partner in the Partnership and each of the other persons listed on the signature pages hereto, for the purpose of amending and restating the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of December 14, 2005 by and among the General Partner, SL Green Operating Partnership, L.P., GKK Manager LLC, and certain other Persons (as defined below) (the “First Amended and Restated Partnership Agreement”).

CREDIT AGREEMENT among GRAMERCY WAREHOUSE FUNDING I LLC, GKK TRADING WAREHOUSE I LLC, as Borrowers, GRAMERCY CAPITAL CORP., GKK CAPITAL LP, GRAMERCY INVESTMENT TRUST, GKK TRADING CORP., as Guarantors,
Credit Agreement • July 28th, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

CREDIT AGREEMENT, dated as of July 22, 2008, among GRAMERCY WAREHOUSE FUNDING I LLC, a Delaware limited liability company (together with its successors and permitted assigns, “GWF-I”), as a borrower, GKK TRADING WAREHOUSE I LLC, a Delaware limited liability company (together with its successors and permitted assigns, “GKK Trading” and together with GWF-I, the “Borrowers”), as a borrower, GRAMERCY CAPITAL CORP., a Maryland corporation (“Gramercy Capital”), as a guarantor, GKK CAPITAL LP, a Delaware limited partnership (“GKK Capital”), as a guarantor, GRAMERCY INVESTMENT TRUST, a Maryland real estate investment trust (“Gramercy REIT”), as a guarantor, GKK TRADING CORP., a Delaware corporation (individually, “GTC” and collectively with Gramercy Capital, GKK Capital and Gramercy REIT, the “Guarantors”), as a guarantor, the other entities from time to time party hereto pursuant to Section 5.10, the several banks and other financial institutions as are, or may from time to time become partie

SECOND AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • October 31st, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS SECOND AMENDED AND RESTATED MANAGEMENT AGREEMENT is made as of October 27, 2008 (this “Agreement”) by and between Gramercy Capital Corp., a Maryland corporation (the “Parent”), GKK Capital LP, a Delaware limited partnership (the “Operating Partnership” and with the Parent and Subsidiaries and other entities controlled by either of them, the “Company”), and GKK Manager LLC, a Delaware limited liability company (the “Manager”).

ANNEX I to SECOND AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT (GOLDMAN SACHS MORTGAGE COMPANY)
Master Repurchase Agreement • July 5th, 2007 • Gramercy Capital Corp • Real estate investment trusts

This Annex I forms a part of the Second Amended and Restated Master Repurchase Agreement dated as of June 28, 2007 by and among Gramercy Warehouse Funding II LLC and GKK Trading Warehouse II LLC, each as seller, and Goldman Sachs Mortgage Company, as buyer (together with Annex I, the “Agreement”) and amends and restates that certain Amended and Restated Master Repurchase Agreement dated October 13, 2006 by and among the Seller and Buyer (as such agreement may have been amended from time to time, the “Original Agreement”). Capitalized terms used in this Annex I without definition shall have the respective meanings assigned to such terms in the Agreement. This Annex I is intended to supplement the Agreement and shall, wherever possible, be interpreted so as to be consistent with the Agreement; however, in the event of any conflict or inconsistency between the provisions of this Annex I, on the one hand, and the provisions of the Agreement, on the other, the provisions of this Annex I sha

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • November 8th, 2007 • Gramercy Capital Corp • Real estate investment trusts • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of November 2, 2007, is entered into by and between Gramercy Capital Corp., a Maryland corporation (the “Company”), and SSF III Gemini, LP, a Delaware limited partnership (“SSF”) and solely for purposes of Sections 4, 8, 9 and 11 hereof, SL Green Operating Partnership, L.P., a Delaware limited partnership (“SLG”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in Section 1 hereto.

EXCHANGE AGREEMENT among GKK CAPITAL LP and TABERNA PREFERRED FUNDING II, LTD., TABERNA PREFERRED FUNDING III, LTD., TABERNA PREFERRED FUNDING IV, LTD., TABERNA PREFERRED FUNDING V, LTD., TABERNA PREFERRED FUNDING VII, LTD. and TABERNA PREFERRED...
Exchange Agreement • May 11th, 2009 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS EXCHANGE AGREEMENT, dated as of January 30, 2009 (this “Agreement”), is entered into by and among GKK CAPITAL LP, a Delaware limited partnership (the “Company”) and TABERNA PREFERRED FUNDING II, LTD. (“Taberna II”), TABERNA PREFERRED FUNDING III, LTD. (“Taberna III”), TABERNA PREFERRED FUNDING IV, LTD. (“Taberna IV”), TABERNA PREFERRED FUNDING V, LTD. (“Taberna V”), TABERNA PREFERRED FUNDING VII, LTD. (“Taberna VII”) and TABERNA PREFERRED FUNDING VIII, LTD. (“Taberna VIII”, and together with Taberna II, Taberna III and Taberna IV, Taberna V, and Taberna VII, collectively, “Taberna”).

LEASE](1) between FIRST STATES INVESTORS 3300, LLC and WACHOVIA BANK, NATIONAL ASSOCIATION Dated as of , 2004
Lease • March 16th, 2009 • Gramercy Capital Corp • Real estate investment trusts
AMENDED AND RESTATED LOAN AGREEMENT Dated as of April 1, 2008 by and among FIRST STATES INVESTORS DB I, L.P., and FIRST STATES INVESTORS DB I B, L.P., as Holding Company Borrowers, FIRST STATES INVESTORS 4200, LLC, FIRST STATES INVESTORS DB I SP,...
Loan Agreement • April 7th, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS AMENDED AND RESTATED LOAN AGREEMENT, made as of April 1, 2008, is by and among: (i) FIRST STATES INVESTORS DB I, L.P., a Delaware limited partnership and FIRST STATES INVESTORS DB I B, L.P., a Delaware limited partnership, as the parent entities of each applicable Current Property-Owning Borrower and each applicable Future Property-Owning Borrower (each as hereinafter defined) (individually or collectively, as applicable, the “Holding Company Borrower”), FIRST STATES INVESTORS 4200, LLC, a Delaware limited liability company, FIRST STATES INVESTORS DB I SP, L.P., a Delaware limited partnership, and FIRST STATES INVESTORS DB I TRS, L.P., a Delaware limited partnership (individually or collectively, as applicable, a “Current Property-Owning Borrower”), and each wholly-owned subsidiary entity of the applicable Holding Company Borrower that owns a Property and from time to time joins this Agreement as an additional Borrower after the date hereof (individually or collectively, as applic

AMENDED AND RESTATED MASTER LEASE AGREEMENT
Master Lease Agreement • March 16th, 2009 • Gramercy Capital Corp • Real estate investment trusts

THIS AMENDED AND RESTATED MASTER LEASE AGREEMENT (this “Lease”) is made and entered into this , 2005, effective as of January 1, 2005, by and between FIRST STATES INVESTORS 5000A, LLC, a Delaware limited liability company (hereinafter called “Landlord”), and BANK OF AMERICA, N.A., a national banking association (hereinafter called “Tenant”), with the limited joinder of FIRST STATES GROUP, L.P., a Delaware limited partnership (“FSG”). Terms with initial capital letters used in this Lease shall have the meanings assigned for such terms in Section 1.1(b).

EMPLOYMENT AND NONCOMPETITION AGREEMENT
Employment Agreement • April 28th, 2009 • Gramercy Capital Corp • Real estate investment trusts • New York

This EMPLOYMENT AND NONCOMPETITION AGREEMENT (“Agreement”) is made as of the 27th day of October, 2008, between Roger Cozzi (“Executive”) and GKK Manager LLC, a Delaware limited liability company (the “Employer”), to be effective as of October 28, 2008 (the “Effective Date”).

MASTER AGREEMENT REGARDING LEASES
Master Agreement Regarding Leases • March 17th, 2010 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS MASTER AGREEMENT REGARDING LEASES (this "Master Agreement") is made and entered into as of September 22, 2004, by and between WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (herein called "Wachovia N.A."), and FIRST STATES INVESTORS 3300, LLC, a Delaware limited liability company (herein called "Master Landlord Named Herein").

EMPLOYMENT AND NONCOMPETITION AGREEMENT
Employment Agreement • June 13th, 2012 • Gramercy Capital Corp • Real estate investment trusts • New York

This EMPLOYMENT AND NONCOMPETITION AGREEMENT (“Agreement”) is made as of the 7th day of June, 2012, between Gordon DuGan (“Executive”) and Gramercy Capital Corp., a Maryland corporation (the “Employer”), to be effective as of July 1, 2012 (the “Effective Date”).

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LOAN AGREEMENT Dated as of April 1, 2008 among FIRST STATES INVESTORS 3300 B, L.P., as Borrower,
Loan Agreement • April 7th, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

This LOAN AGREEMENT (this “Loan Agreement”) dated as of April 1, 2008, by and among FIRST STATES INVESTORS 3300 B, L.P., a Delaware limited partnership, having an office at c/o Gramercy Capital Corp., 420 Lexington Avenue, New York, New York 10170 (together with its permitted successors and assigns, “Borrower”), PB CAPITAL CORPORATION, a Delaware corporation, having an office at 230 Park Avenue, 19th Floor, New York, New York 10169 (together with its successors and permitted assigns in such capacity as a lender, including any permitted Assignees (as hereinafter defined) hereunder, each a “Lender” and collectively “Lenders”), and PB CAPITAL CORPORATION, a Delaware corporation, having an office at 230 Park Avenue, 19th Floor, New York, New York 10169, in its capacity as agent for Lenders (together with its successors and assigns in such capacity as agent for Lenders, “Agent”).

ORIGINATION AGREEMENT
Origination Agreement • June 23rd, 2004 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS ORIGINATION AGREEMENT (this "Agreement"), dated as of [ ], 2004, is made by and between Gramercy Capital Corp., a Maryland corporation (the "Parent"), and SL Green Operating Partnership, L.P., a Maryland limited partnership ("SL Green OP" and, with its parent SL Green Realty Corp. and subsidiaries and other entities controlled by either of them, "SL Green").

GRAMERCY REAL ESTATE CDO 2007-1, LTD., as Issuer GRAMERCY REAL ESTATE CDO 2007-1 LLC, as Co-Issuer GKK LIQUIDITY LLC, as Advancing Agent AND WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee, Paying Agent, Calculation Agent, Transfer Agent, Custodial...
Indenture • November 9th, 2007 • Gramercy Capital Corp • Real estate investment trusts • New York

INDENTURE, dated as of August 8, 2007, by and among GRAMERCY REAL ESTATE CDO 2007-1, LTD., a Cayman Islands exempted company with limited liability (the “Issuer”), GRAMERCY REAL ESTATE CDO 2007-1 LLC, a limited liability company formed under the laws of Delaware (the “Co-Issuer”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as trustee, paying agent, calculation agent, transfer agent, custodial securities intermediary, backup advancing agent and notes registrar (herein, together with its permitted successors and assigns in the trusts hereunder, the “Trustee”) and GKK LIQUIDITY LLC (“GKK Liquidity”), a Delaware limited liability company, as advancing agent (herein, together with its permitted successors and assigns in the trusts hereunder, the “Advancing Agent”).

AMENDED AND RESTATED ASSET SERVICING AGREEMENT
Asset Servicing Agreement • April 20th, 2006 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS AMENDED AND RESTATED ASSET SERVICING AGREEMENT (this “Agreement”), dated as of April 19, 2006, is made by and between GKK Manager LLC, a Delaware limited liability company (the “Manager”), and SLG Gramercy Services LLC, a Delaware limited liability company (“Servicer”).

SEVERANCE AGREEMENT
Severance Agreement • November 17th, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

This SEVERANCE AGREEMENT (“Agreement”) is made as of the 13th day of November, 2008, between Timothy O’Connor (“Executive”) and Gramercy Capital Corp., a Maryland corporation (“Gramercy”), to be effective as of November 13, 2008 (the “Effective Date”). This Agreement is being entered into in connection with the Employment and Noncompetition Agreement, dated as of the date hereof, by and between GKK Manager LLC (the “Manager”) and Executive (as amended or superseded from time to time, the “Employment Agreement”).

FIRST AMENDMENT TO ASSET MANAGEMENT SERVICES AGREEMENT
Asset Management Services Agreement • August 23rd, 2012 • Gramercy Capital Corp • Real estate investment trusts

This First Amendment to Asset Management Services Agreement (this “First Amendment”) is made and entered into by and between KBS ACQUISITION SUB, LLC, a Delaware limited liability company (“Company”), and GKK REALTY ADVISORS LLC, a Delaware limited liability company (“Manager”), as of the date that Company and Manager execute this First Amendment as set forth in the signature page below (the “Effective Date”).

AMENDED AND RESTATED SENIOR MEZZANINE LOAN AGREEMENT Originally Closed on April 1, 2008 Amendment Effective as of August 22, 2008 between THE BORROWERS NAMED HEREIN collectively, as Borrower and THE LENDERS NAMED HEREIN collectively, as Lender
Senior Mezzanine Loan Agreement • August 28th, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

This Amended and Restated Senior Mezzanine Loan Agreement (this “Agreement”) is effective as of August 22, 2008 (“Effective Date”) and is between GOLDMAN SACHS MORTGAGE COMPANY, a New York limited partnership (“GSMC”), as successor in interest to Goldman Sachs Commercial Mortgage Capital, L.P. (“GSCMC”), and CITICORP NORTH AMERICA, INC., a New York corporation (“Citigroup” and, together with GSMC and their respective successors and assigns, including any lawful holder of any portion of the Indebtedness (as hereinafter defined) collectively, “Lender”), as lender, and each REQUIRED EQUITY PLEDGOR (as hereinafter defined), AMERICAN FINANCIAL REALTY TRUST, a Maryland real estate investment trust (“AFRT”), GKK STARS ACQUISITION LLC, a Delaware limited liability company (“AFRT Owner”), FIRST STATES GROUP, L.P., a Delaware limited partnership (“Operating Partnership”), FIRST STATES GROUP, LLC, a Delaware limited liability company (“Operating Partnership GP” and together with Operating Partner

TERMINATION OF AMENDED AND RESTATED OUTSOURCE AGREEMENT
Termination of Outsource Agreement • October 31st, 2008 • Gramercy Capital Corp • Real estate investment trusts • New York

This Termination of Amended and Restated Outsource Agreement (this “Agreement”), dated as of October 27, 2008, is made by and between GKK Manager LLC, a Delaware limited liability company (the “Manager”), and SL Green Operating Partnership, L.P., a Delaware limited liability company (“SL Green”).

AMENDMENT TO LTIP UNIT AWARD AGREEMENT
Ltip Unit Award Agreement • August 3rd, 2011 • Gramercy Capital Corp • Real estate investment trusts • New York

This Amendment to LTIP Unit Award Agreement (this “Amendment”) is made and entered into as of July 28, 2011, by and among Gramercy Capital Corp., a Maryland corporation (the “Company”), GKK Capital LP, a Delaware limited partnership (the “Partnership”) and Roger M. Cozzi (the “Grantee”).

AMENDMENT
Severance Agreement • August 3rd, 2011 • Gramercy Capital Corp • Real estate investment trusts • New York

This Amendment (this “Amendment”) is made and entered into as of July 28, 2011, by and among Gramercy Capital Corp., a Maryland corporation (“Gramercy”), GKK Capital LP, a Delaware limited partnership (the “Partnership”), and Roger M. Cozzi (the “Executive”).

FIRST AMENDMENT TO AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • November 23rd, 2015 • Gramercy Property Trust Inc. • Real estate investment trusts

This First Amendment, dated as of November 23, 2015, (this “Amendment”), is to the Agreement and Plan of Merger, dated as of July 1, 2015 (the “Agreement”), by and among Chambers Street Properties, a Maryland real estate investment trust (“Parent”), Columbus Merger Sub, LLC, a Maryland limited liability company and an indirect wholly owned subsidiary of Parent (“Merger Sub”), and Gramercy Property Trust Inc., a Maryland corporation (the “Company”). The capitalized terms used but not defined herein shall have the meanings given to them in the Agreement.

EMPLOYMENT AND NONCOMPETITION AGREEMENT
Employment Agreement • April 28th, 2009 • Gramercy Capital Corp • Real estate investment trusts • New York

This EMPLOYMENT AND NONCOMPETITION AGREEMENT (“Agreement”) is made as of the day of July, 2004 between Robert R. Foley (“Executive”) and GKK Manager LLC (the “Employer”).

MANAGEMENT AGREEMENT
Management Agreement • June 23rd, 2004 • Gramercy Capital Corp • Real estate investment trusts • New York

THIS MANAGEMENT AGREEMENT is made as of [ ], 2004 (this "Agreement") by and between Gramercy Capital Corp., a Maryland corporation (the "Parent"), GKK Capital LP, a Maryland limited partnership (the "Operating Partnership" and with the Parent, collectively the "Company"), and GKK Manager LLC, a Delaware limited liability company (the "Manager").

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