0000903423-11-000106 Sample Contracts

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Contract
Shareholder Agreement • February 25th, 2011 • Vornado Realty Trust • Real estate investment trusts • Delaware

This letter constitutes the agreement (the “Agreement”) between J. C. Penney Company, Inc. (the “Company”), on the one hand, and Vornado Realty Trust and its controlled affiliates (collectively, the “Stockholders”), on the other hand, with respect to the matters set forth below.

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