LETTER AGREEMENT Effective as of October 31, 2007Letter Agreement • November 1st, 2007 • Mack Cali Realty Corp • Real estate investment trusts • Delaware
Reference is made to (a) that certain Membership Interest Purchase and Contribution Agreement by and among Mr. Stanley C. Gale, SCG Holding Corp., Mack-Cali Realty Acquisition Corp. (“MCRAC”) and Mack-Cali Realty, L.P. (“MCRLP”) dated as of March 7, 2006 and as amended through the date hereof (the “Contribution Agreement”), and (b) that certain Non-Portfolio Property Interest Contribution Agreement by and among Mr. Stanley C. Gale, Mr. Mark Yeager, GCF II Investor LLC, The Gale Investments Company, LLC (“Gale Investments”), Gale & Wentworth Vreeland, LLC, Gale Urban Solutions LLC, MSGW-ONE Campus Investors, LLC, MCRAC and MCRLP dated as of May 9, 2006 (the “Non-Portfolio Property Agreement”). Capitalized terms used herein and not defined shall have the meaning ascribed to such terms in the Contribution Agreement or the Non-Portfolio Property Agreement, as applicable.
