7391213v4 Execution Version FIRST AMENDMENT TO ASSET MANAGEMENT AGREEMENTAsset Management Agreement • May 5th, 2020 • Ontario
Contract Type FiledMay 5th, 2020 JurisdictionThis First Amendment to Asset Management Agreement (this “Amendment”), effective as of January 20, 2016, is entered into among WPT Capital Advisors, LLC, a Delaware limited liability company (as successor in interest to Welsh Property Trust, LLC a, Delaware limited liability company (“Welsh”)) (the “Asset Manager”), WPT Industrial Real Estate Investment Trust, an unincorporated open-ended real estate investment trust existing under the laws of the Province of Ontario (the “REIT”), and WPT Industrial, LP, a Delaware limited partnership (the “Partnership”, and together with the Asset Manager and the REIT, the “Parties”).