FORUM SECURITIES LIMITED INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • December 22nd, 2011 • Versus Capital Multi-Manager Real Estate Income Fund LLC • New York
Contract Type FiledDecember 22nd, 2011 Company JurisdictionThis Investment Sub-Advisory Agreement (“Agreement”) dated as of December 21, 2011 is entered into by and among Forum Securities Limited (the “Sub-Adviser”), Versus Capital Advisors LLC (the “Adviser”) and, solely with respect to Section 10 below, Versus Capital Multi-Manager Real Estate Income Fund LLC (the “Fund”) and sets forth the terms on which the Sub-Adviser will act as sub-adviser of certain assets of the Fund placed with Sub-Adviser from time to time (the “Account”).
SECURITY CAPITAL RESEARCH & MANAGEMENT INCORPORATED INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • December 22nd, 2011 • Versus Capital Multi-Manager Real Estate Income Fund LLC • New York
Contract Type FiledDecember 22nd, 2011 Company JurisdictionThis Investment Sub-Advisory Agreement (“Agreement”) dated as of December 19, 2011 is entered into by and between Security Capital Research & Management Incorporated (the “Sub-Adviser”) and Versus Capital Advisors LLC (the “Adviser”) and, solely with respect to Section 10 below, Versus Capital Multi-Manager Real Estate Income Fund LLC (the “Fund”) and sets forth the terms on which the Sub-Adviser will act as sub-adviser of certain assets of the Fund placed with Sub-Adviser from time to time for purposes of the management of the Fund’s liquidity hereunder (the “Account”).