Everest REIT Investors I, LLC Sample Contracts

KBS REAL ESTATE INVESTMENT TRUST II, INC. TRANSFER AGREEMENT
Transfer Agreement • February 3rd, 2020 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Offer Price stated in the Offer (“Offer Price”), without interest, upon the terms and subject to the conditions set forth in the Offer, the receipt of which is hereby acknowledged.

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MOODY NATIONAL REIT I, INC. TRANSFER AGREEMENT
Transfer Agreement • October 7th, 2016 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price, without interest, upon the terms and subject to the conditions set forth in the Offer dated October 10, 2016, the receipt of which is hereby acknowledged.

Transfer Agreement Instructions
Transfer Agreement • July 15th, 2016 • Everest REIT Investors I, LLC • Real estate investment trusts
KBS REAL ESTATE INVESTMENT TRUST III, INC. TRANSFER AGREEMENT
Transfer Agreement • March 10th, 2017 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price, without interest, upon the terms and subject to the conditions set forth in the Offer dated March 10, 2017, the receipt of which is hereby acknowledged.

STEADFAST APARTMENT REIT, INC. TRANSFER AGREEMENT
Transfer Agreement • November 21st, 2016 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price, without interest, upon the terms and subject to the conditions set forth in the Offer dated November 21, 2016, the receipt of which is hereby acknowledged.

KBS REAL ESTATE INVESTMENT TRUST, INC. TRANSFER AGREEMENT
Transfer Agreement • February 1st, 2017 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price, without interest, upon the terms and subject to the conditions set forth in the Offer dated February 1, 2017, the receipt of which is hereby acknowledged.

KBS LEGACY PARTNERS APARTMENT REIT, INC. TRANSFER AGREEMENT
Transfer Agreement • December 29th, 2016 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price, without interest, upon the terms and subject to the conditions set forth in the Offer dated December 29, 2016, the receipt of which is hereby acknowledged.

CNL GROWTH PROPERTIES, INC. TRANSFER AGREEMENT
Transfer Agreement • December 15th, 2015 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of thiq Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Dgte. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effeccive upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, tranxfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forte above Shareholder’s signature on Page 2 hereof, at the Cash Price per Share, without interest, upon the terms and subject to thu conditions set forth in the Offer dated December 2, 2015, the receipt of which is hereby acknowledged.

CNL GROWTH PROPERTIES, INC. TRANSFER AGREEMENT Capitalized terms that are not defined below are defined on Page 2, the signature side of this Transfer Agreement.
Transfer Agreement • December 2nd, 2015 • Everest REIT Investors I, LLC • Real estate investment trusts

To participate in the Offer, a duly executed original of this Transfer Agreement and any other documents required by this Transfer Agreement must be received by the Depositary on or prior to the Expiration Date. The method of delivery of all documents is at the election and risk of the tendering Shareholder. Subject to and effective upon acceptance for payment, by signing and delivering this Transfer Agreement, Shareholder hereby sells, assigns, transfers and delivers, and irrevocably directs any custodian or trustee to sell, assign, transfer and deliver to Purchaser, all of Shareholder's right, title and interest in the number of Shares of the Corporation set forth above Shareholder’s signature on Page 2 hereof, at the Cash Price per Share, without interest, upon the terms and subject to the conditions set forth in the Offer dated December 2, 2015, the receipt of which is hereby acknowledged.

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