0000930413-12-001740 Sample Contracts

ANNALY CAPITAL MANAGEMENT, INC. Shares of Common Stock (par value $0.01 per share) DISTRIBUTION AGENCY AGREEMENT
Distribution Agency Agreement • March 22nd, 2012 • Annaly Capital Management Inc • Real estate investment trusts • New York

Annaly Capital Management, Inc., a Maryland corporation (the “Company”), agrees with Morgan Stanley & Co. LLC (the “Manager”), to issue and sell from time to time through the Manager, as sales agent and/or principal, shares of its common stock, par value $0.01 (the “Common Stock”), on the terms set forth in this agreement (this “Agreement”).

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