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Alpine Income Property Trust, Inc. Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • November 13th, 2024 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the 8th day of November, 2024, by and between Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), and Brenna A. Wadleigh (“Indemnitee”).

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​ ​ ​ ​ LOAN AGREEMENT Dated as of September 30, 2014 Between THE ENTITIES SET FORTH ON SCHEDULE VI, collectively as Borrower and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Lender
Loan Agreement • July 22nd, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

THIS LOAN AGREEMENT, dated as of September 30, 2014 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between WELLS FARGO BANK, NATIONAL ASSOCIATION, having an address at Wells Fargo Center, 1901 Harrison Street, 2nd Floor, Oakland, California 94612 (together with its successors and/or assigns, “Lender”) and THE ENTITIES SET FORTH ON SCHEDULE VI, each having an address at c/o Consolidated-Tomoka Land Co., 1530 Cornerstone Blvd., Suite 100, Daytona Beach, Florida 32117 (individually or collectively, as the context may require, together with their successors and/or assigns, “Borrower”).

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MANAGEMENT AGREEMENT
Management Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of November 26, 2019, by and among Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property OP, LP, a Delaware limited partnership (the “Operating Partnership”), and Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Manager” and, together with the Company and the Operating Partnership, the “Parties” and each a “Party”).

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2,800,000 Shares ALPINE INCOME PROPERTY TRUST, INC. Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • June 7th, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Manager”), and Alpine Income Property OP, LP, a Delaware limited partnership and the Company’s operating partnership (the “Operating Partnership”), propose, subject to the terms and conditions stated herein, that the Company will issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 2,800,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”). The aggregate of 2,800,000 shares of Common Stock to be purchased from the Company are called the “Firm Shares.” In addition, the Company has granted to the Underwriters, upon the terms and conditions stated herein, an option to purchase up to an additional 420,000 shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriters, if any. The Firm Shares and the Additional Shares

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CREDIT AGREEMENT DATED AS OF NOVEMBER [__], 2019 AMONG ALPINE INCOME PROPERTY OP, LP, ALPINE INCOME PROPERTY TRUST, INC., AS GUARANTOR THE OTHER GUARANTORS FROM TIME TO TIME PARTIES HERETO, THE LENDERS FROM TIME TO TIME PARTIES HERETO, BANK OF...
Credit Agreement • November 19th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Credit Agreement (this “Agreement”) is entered into as of November [__], 2019, by and among ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Borrower”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and BANK OF MONTREAL, as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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ALPINE INCOME PROPERTY TRUST, INC. Shares of Common Stock (Par Value $0.01 Per Share) EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • October 20th, 2023 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Adviser”), and Alpine Income Property OP, LP, a Delaware limited partnership and the Company’s operating partnership (the “Operating Partnership”), each confirms its agreement (this “Agreement”) with [ ] (in its capacity as purchaser under any Forward Contract (as defined below), the “Forward Purchaser”) and [ ] (in its capacity as agent for the Company and/or principal in connection with the offering and sale of any Issuance Securities (as defined below) hereunder, the “Manager”), and in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Securities (as defined below) hereunder, the “Forward Seller”), as follows:

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INDEMNIFICATION AGREEMENT
Indemnification Agreement • February 6th, 2025 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS INDEMNIFICATION AGREEMENT (“Agreement”) is made and entered into as of the 6th day of February, 2025, by and between Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), and Philip R. Mays (“Indemnitee”).

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CREDIT AGREEMENT DATED AS OF NOVEMBER 26, 2019 AMONG ALPINE INCOME PROPERTY OP, LP, ALPINE INCOME PROPERTY TRUST, INC., AS GUARANTOR THE OTHER GUARANTORS FROM TIME TO TIME PARTIES HERETO, THE LENDERS FROM TIME TO TIME PARTIES HERETO, BANK OF MONTREAL,...
Credit Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Credit Agreement (this “Agreement”) is entered into as of November 26, 2019, by and among ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Borrower”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and BANK OF MONTREAL, as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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ALPINE INCOME PROPERTY TRUST, INC. Shares of Common Stock (Par Value $0.01 Per Share) EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • October 24th, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York
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AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF SEPTEMBER 30, 2022 AMONG ALPINE INCOME PROPERTY OP, LP, ALPINE INCOME PROPERTY TRUST, INC., AS GUARANTOR THE OTHER GUARANTORS FROM TIME TO TIME PARTIES HERETO, THE LENDERS FROM TIME TO TIME PARTIES...
Credit Agreement • October 6th, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Amended and Restated Credit Agreement (this “Agreement”) is entered into as of September 30, 2022, by and among ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Borrower”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and KEYBANK NATIONAL ASSOCIATION (“KeyBank”), as Administrative Agent, and KeyBank, as Sustainability Structuring Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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AMENDMENT, INCREASE AND JOINDER TO CREDIT AGREEMENT
Credit Agreement • April 18th, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Credit Agreement (this “Agreement”) is entered into as of May 21, 2021, by and among ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Borrower”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and TRUIST BANK, N.A., as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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Third Amendment to Credit Agreement
Credit Agreement • May 25th, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Credit Agreement (this “Agreement”) is entered into as of November 26, 2019, by and among Alpine Income Property OP, LP, a Delaware limited partnership (the “Borrower”), Alpine Income Property Trust, Inc., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and Bank of Montreal, as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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EXCLUSIVITY AND RIGHT OF FIRST OFFER AGREEMENT
Exclusivity and Right of First Offer Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This EXCLUSIVITY AND RIGHT OF FIRST OFFER AGREEMENT (this “Agreement”) is entered into as of November 26, 2019 by and between Consolidated-Tomoka Land Co., a Florida corporation (“CTO”), and Alpine Income Property Trust, Inc., a Maryland corporation (“Alpine”).

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AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ALPINE INCOME PROPERTY OP, LP (a Delaware limited partnership) Dated as of November 26, 2019
Limited Partnership Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Delaware

THIS AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ALPINE INCOME PROPERTY OP, LP, dated as of November 26, 2019, is made and entered into by and among Alpine Income Property GP, LLC, a Delaware limited liability company, as the General Partner, and the Persons whose names are set forth on Exhibit A attached hereto, as the Limited Partners, together with any other Persons who become Partners in the Partnership as provided herein.

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TAX PROTECTION AGREEMENT
Tax Protection Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS TAX PROTECTION AGREEMENT (this “Agreement”) is made and entered into as of November 26, 2019 by and among Alpine Income Property Trust, Inc., a Maryland corporation (the “REIT”), Alpine Income Property OP, LP, a Delaware limited partnership (the “Partnership”), Consolidated-Tomoka Land Co., a Florida corporation (“CTO”), and Indigo Group Ltd., a Florida limited partnership (“Indigo” and together with CTO, the “Initial Protected Partners” and, together with the REIT and the Partnership, the “Parties”).

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of November 26, 2019 by and between Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), and Consolidated-Tomoka Land Co., a Florida corporation (the “Holder”).

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FIRST AMENDMENT TO AMENDED AND RESTATED Credit Agreement
Credit Agreement • February 6th, 2025 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Amended and Restated Credit Agreement (this “Agreement”) is entered into as of September 30, 2022, by and among Alpine Income Property OP, LP, a Delaware limited partnership (the “Borrower”), Alpine Income Property Trust, Inc., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and KeyBank National Association (“KeyBank”), as Administrative Agent, and KeyBank, as Sustainability Structuring Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT
Management Agreement • July 19th, 2024 • Alpine Income Property Trust, Inc. • Real estate investment trusts

This AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT (this “Amendment”), dated as of July 18, 2024, is entered into by and among Alpine Income Property Trust, Inc., a Maryland corporation, Alpine Income Property OP, LP, a Delaware limited partnership, and Alpine Income Property Manager, LLC, a Delaware limited liability company. Unless the context requires otherwise, capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings assigned to such terms in the Agreement (as defined below).

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STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • December 3rd, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of November 21, 2019, by and between Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), and Consolidated-Tomoka Land Co., a Florida corporation (the “Purchaser”).

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FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • April 22nd, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts

This FIRST AMENDMeNT TO purchase AND SALE AGREEMENT (this “Amendment”) is made and entered into as of April 20, 2021 (the “Amendment Date”), by and between ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Purchaser”) and BLUEBIRD ARROWHEAD PHOENIX LLC, a Delaware limited liability company, GOLDEN ARROW CLERMONT FL LLC, a Delaware limited liability company, BLUEBIRD GERMANTOWN MD LLC, a Delaware limited liability company, GOLDEN ARROW CHARLOTTE NC LLC, a Delaware limited liability company, CTLC GOLDEN ARROW KATY LLC, a Delaware limited liability company, and BLUEBIRD RENTON WA LLC, a Delaware limited liability company (collectively, the “Seller” or “Sellers”).

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ASSUMPTION AGREEMENT ​
Assumption Agreement • July 22nd, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts

This Assumption Agreement (“Assumption Agreement”) is made as of June 30, 2021 (the “Effective Date”), by and among WILMINGTON TRUST, NATIONAL ASSOCIATION, AS TRUSTEE, FOR THE BENEFIT OF THE REGISTERED HOLDERS OF WFRBS COMMERCIAL MORTGAGE TRUST 2014-C24, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2014-C24 (“Noteholder”), THE ENTITIES SET FORTH ON SCHEDULE I ATTACHED HERETO (individually or collectively as the context requires, “Borrower”), CTO REALTY GROWTH, INC., a Maryland corporation (“Current Guarantor”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation (“New Guarantor”), and PINE21 ACQUISITIONS LLC, a Delaware limited liability company (“Assumptor”).

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TAX PROTECTION AGREEMENT
Tax Protection Agreement • October 30th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS TAX PROTECTION AGREEMENT (this “Agreement”) is made and entered into as of [ ], 2019 by and among Alpine Income Property Trust, Inc., a Maryland corporation (the “REIT”), Alpine Income Property OP, LP, a Delaware limited partnership (the “Partnership”), Consolidated-Tomoka Land Co., a Florida corporation (“CTO”), and Indigo Group Ltd., a Florida limited partnership (“Indigo” and together with CTO, the “Initial Protected Partners” and, together with the REIT and the Partnership, the “Parties”).

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ALPINE INCOME PROPERTY TRUST, INC. NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AWARD AGREEMENT
Non-Employee Director Restricted Stock Award Agreement • November 7th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Maryland

This NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made as of the [●] day of [●] (the “Grant Date”), by and between ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation (the “Company”), and [●] (“Grantee”).

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First Amendment to Credit Agreement
Credit Agreement • August 3rd, 2020 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This First Amendment to Credit Agreement (herein, this “First Amendment”) is entered into as of June 30, 2020, among Alpine Income Property OP, LP, a Delaware limited partnership (the “Borrower”), Alpine Income Property Trust, Inc., a Maryland corporation, as a Guarantor (“Parent”), the other Guarantors party hereto, the Lenders party hereto and Bank of Montreal, as Administrative Agent (the “Administrative Agent”).

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PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • November 7th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Florida

WHEREAS, Seller is the owner and holder of a [●]% tenant-in-common interest (the “TIC Interest”) in and to the property set forth on Exhibit A attached hereto under the heading “Property” (the “Property”).

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FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • April 21st, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”) is made as of March 1, 2022, by and between by and between [****] (the “Seller”), and ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (“Buyer”).

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CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION IS INDICATED BY [****]. PURCHASE AND SALE AGREEMENT ​
Purchase and Sale Agreement • April 6th, 2021 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Florida

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of the 2nd day of April, 2021, by and between ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Purchaser”) and BLUEBIRD ARROWHEAD PHOENIX LLC, a Delaware limited liability company, GOLDEN ARROW CLERMONT FL LLC, a Delaware limited liability company, BLUEBIRD GERMANTOWN MD LLC, a Delaware limited liability company, GOLDEN ARROW CHARLOTTE NC LLC, a Delaware limited liability company, CTLC GOLDEN ARROW KATY LLC, a Delaware limited liability company, and BLUEBIRD RENTON WA LLC, a Delaware limited liability company (collectively, the “Seller” or “Sellers”).

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SECOND AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • October 20th, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

This Credit Agreement (this “Agreement”) is entered into as of May 21, 2021, by and among ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Borrower”), ALPINE INCOME PROPERTY TRUST, INC., a Maryland corporation, as a Guarantor (“Parent”), and each Material Subsidiary from time to time party to this Agreement, as Guarantors, the several financial institutions from time to time party to this Agreement, as Lenders, and TRUIST BANK, N.A., as Administrative Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 5.1 hereof.

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CONTRIBUTION AGREEMENT
Contribution Agreement • November 7th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Florida

This CONTRIBUTION AGREEMENT (this “Agreement”) is made as of [●], 2019 by and between [NAME OF CONTRIBUTOR], a [TYPE OF ENTITY] (“Contributor”), and Alpine Income Property OP, LP, a Delaware limited partnership (the “Operating Partnership”).

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ALPINE INCOME PROPERTY TRUST, INC. (a Maryland corporation) $150,000,000 of Common Stock (Par Value $0.01) AMENDMENT NO. 1 TO THE EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • October 20th, 2023 • Alpine Income Property Trust, Inc. • Real estate investment trusts

Reference is made to the Equity Distribution Agreement, dated October 21, 2022 (the “Agreement”), by and among Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Adviser”), and Alpine Income Property OP, LP, a Delaware limited partnership (the “Operating Partnership”), [FORWARD PURCHASER] (in its capacity as forward purchaser under any Forward Contract, the “Forward Purchaser”) and [FORWARD SELLER] (in its capacity as agent for the Company and/or principal in connection with the offering and sale of any Issuance Securities pursuant to the Agreement, the “Manager,” and in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Securities pursuant to the Agreement, the “Forward Seller” and, together with the Company, the Adviser, the Operating Partnership and the Forward Purchaser, the “Parties”). Capitalized terms used but not def

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CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THE EXHIBIT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. REDACTED INFORMATION IS INDICATED BY [****]. REAL ESTATE PURCHASE AND SALE AGREEMENT
Real Estate Purchase and Sale Agreement • April 21st, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Delaware

THIS REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into effective as of the _28th_ day of January, 2022, by and between [****] (the “Seller”) and Alpine Income Property OP, LP, a Delaware limited partnership (the “Buyer”).

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MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT
Membership Interest Purchase and Sale Agreement • November 7th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • Florida

This MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of November [●], 2019 by and between [●], a [●] (“Seller”), and [●], a [●] (“Purchaser”).1

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ALPINE INCOME PROPERTY TRUST, INC. (a Maryland corporation) $150,000,000 of Common Stock (Par Value $0.01) AMENDMENT NO. 1 TO THE EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • October 20th, 2023 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York
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●] Shares ALPINE INCOME PROPERTY TRUST, INC. Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • November 19th, 2019 • Alpine Income Property Trust, Inc. • Real estate investment trusts • New York

Alpine Income Property Trust, Inc., a Maryland corporation (the “Company”), Alpine Income Property OP, LP, a Delaware limited partnership (the “Operating Partnership” and, together with the Company, the “Transaction Entities”), and Alpine Income Property Manager, LLC, a Delaware limited liability company (the “Manager”), propose, subject to the terms and conditions stated herein, that the Company will issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of [●] shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”). The aggregate of [●] shares of Common Stock to be purchased from the Company are called the “Firm Shares.” In addition, the Company has granted to the Underwriters, upon the terms and conditions stated herein, an option to purchase up to an additional [●] shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriters, if any. The Firm Shares and the Additional Shar

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SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • April 21st, 2022 • Alpine Income Property Trust, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”) is made as of March 15, 2022, by and between by and between [****] (the “Seller”), and ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (“Buyer”).

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