ContractInvestment Trust • March 4th, 2016 • Saul Centers Inc • Real estate investment trusts
This letter confirms that the provisions of the Original Letter Agreement shall be extended through December 31, 2016 (the “First Extension”). As required by paragraph 4 of the Original Letter Agreement, this letter memorializes the parties’ joint approval of the 2016 Budget for Pre-Development Services. Further, the parties hereto acknowledge and agree that the allocation method set forth in paragraph 2 of the Letter Agreement shall remain unchanged through the period of the First Extension.
