0000905729-03-000220 Sample Contracts

JOINT FILING AGREEMENT
Joint Filing Agreement • May 20th, 2003 • Kojaian Mike • Real estate agents & managers (for others)

Pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to file with the Securities and Exchange Commission Amendment No. 5 to Schedule 13D (the "Amendment"), with respect to the Common Stock of Grubb & Ellis Company. The undersigned agree that the Amendment will be filed on behalf of each and all of them. Each of the undersigned agrees that he or it shall be responsible for the accuracy and completeness of the information concerning him or it contained in the Amendment. This agreement may be executed in any number of counterparts, which taken together shall constitute one and the same document.

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KOJAIAN
Kojaian Mike • May 20th, 2003 • Real estate agents & managers (for others)

Subject to the terms and conditions set forth herein, Kojaian Management Corporation, on behalf of an entity to be formed ("Lender"), hereby agrees to make a loan to Grubb & Ellis Company (the "Company") in the principal amount of Four Million Dollars ($4,000,000) (the "Loan"). The terms and conditions of the making of the Loan are as follows:

Contract
Exhibit 7 Security Agreement • May 20th, 2003 • Kojaian Mike • Real estate agents & managers (for others) • Illinois

THIS AGREEMENT is made on May 9 , 2003, by and between GRUBB & ELLIS COMPANY, a Delaware corporation ("Company"), whose chief executive office is located at 2215 Sanders Road, Suite 400, Northbrook, Illinois 60062, and KOJAIAN FUNDING, L.L.C., a Michigan limited liability company, ("Kojaian"), whose address is 39400 Woodward Avenue, Suite 250, Bloomfield Hills, Michigan 48304.

GUARANTEE AND COLLATERAL AGREEMENT made by GRUBB & ELLIS COMPANY and certain of its Subsidiaries in favor of KOJAIAN FUNDING, L.L.C. Dated as of May 9, 2003
Guarantee and Collateral Agreement • May 20th, 2003 • Kojaian Mike • Real estate agents & managers (for others) • Illinois
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