0000911635-08-000030 Sample Contracts

FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • May 6th, 2008 • Associated Estates Realty Corp • Real estate investment trusts • Ohio

This First Amendment to Credit Agreement (the “Amendment”), dated as of March 20, 2008 (the “Effective Date”), is by and among Associated Estates Realty Corporation (the “Borrower”), National City Bank and the other banks and financial institutions whose signatures appear below (collectively, the “Lenders”) and National City Bank, not individually but as administrative agent for the Lenders (the “Administrative Agent”).

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JOINDER TO SUBSIDIARY GUARANTY
Subsidiary Guaranty • May 6th, 2008 • Associated Estates Realty Corp • Real estate investment trusts
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