FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • February 17th, 2023 • Elme Communities • Real estate investment trusts • New York
THIS SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) dated as of August 26, 2021 by and among WASHINGTON REAL ESTATE INVESTMENT TRUST,ELME COMMUNITIES (f/k/a Washington Real Estate Investment Trust), a real estate investment trust formed under the laws of the State of Maryland (the “Borrower”), each of the financial institutions initially a signatory hereto together with their successors and assignees under Section 12.5. (the “Lenders”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the “Administrative Agent”), with WELLS FARGO SECURITIES, LLC, KEYBANC CAPITAL MARKETS INC., TRUIST SECURITIES INC., CAPITAL ONE, NATIONAL ASSOCIATION, TD BANK, N.A. and PNC CAPITAL MARKETS LLC, as joint lead arrangers for the revolving credit facility (the “Revolving Credit Facility Lead Arrangers”), WELLS FARGO SECURITIES, LLC and KEYBANC CAPITAL MARKETS INC., as joint bookrunners for the revolving credit facility (the “Revolving Credit Facility Joint Bookrunners”),
CHANGE IN CONTROL AGREEMENT FOR [●]Change in Control Agreement • February 17th, 2023 • Elme Communities • Real estate investment trusts • District of Columbia
THIS CHANGE IN CONTROL AGREEMENT (“Agreement”), with an effective date of [●], 20[●], is made and entered into by and between Elme Communities, a real estate investment trust organized under the laws of the State of Maryland (the “Trust”), and [●] (“Employee”).
AMENDMENT NO. 1 TO CHANGE IN CONTROL AGREEMENT FOR SENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICERChange in Control Agreement • February 17th, 2023 • Elme Communities • Real estate investment trusts
THIS AMENDMENT (this “Amendment”) to the Change in Control Agreement for Senior Vice President and Chief Information Officer (the “Agreement”), dated February 2, 2022, by and between Susan L. Gerock (“Executive”) and Washington Real Estate Investment Trust, now known as Elme Communities (the “Company”), is entered into by the parties as of February 15, 2023. Capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.
AMENDMENT NO. 1 TO CHANGE IN CONTROL AGREEMENT FOR PRESIDENT AND CHIEF EXECUTIVE OFFICERChange in Control Agreement • February 17th, 2023 • Elme Communities • Real estate investment trusts
THIS AMENDMENT (this “Amendment”) to the Change in Control Agreement for President and Chief Executive Officer (the “Agreement”), dated October 1, 2013 by and between Paul T. McDermott (“Executive”) and Washington Real Estate Investment Trust, now known as Elme Communities (the “Company”), is entered into by the parties as of February 15, 2023. Capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.
AGREEMENT AND GENERAL RELEASEAgreement and General Release • February 17th, 2023 • Elme Communities • Real estate investment trusts • District of Columbia
This Agreement and General Release ("Agreement"), effective as of the date described in Section 9 below (the “Effective Date”), is made and entered into by and between Elme Communities ("Company") and Stephen Riffee ("Executive").
