ADMINISTRATIVE SERVICES AGREEMENTAdministrative Services Agreement • July 31st, 2007 • Lanier Capital REIT, Inc.
THIS ADMINISTRATIVE SERVICES AGREEMENT (the “Agreement”) is made and entered into effective as of [__________], 2007, by and between Lanier Capital REIT, Inc., a Maryland corporation (the “Company”), and Cornerstone Capital Advisors Inc., a Georgia corporation (the “Administrator”).
FORM OF ESCROW AGREEMENTEscrow Agreement • July 31st, 2007 • Lanier Capital REIT, Inc. • Georgia
Lanier Capital REIT, INC., a Maryland corporation (the “Company”), will issue in a public offering (the “Offering”) shares of its common stock (the “Stock”) pursuant to a Registration Statement on Form S-11 filed by the Company with the Securities and Exchange Commission. Cambridge Legacy Securities LLC, a Texas limited liability company (the “Dealer Manager”), will act as dealer manager for the offering of the Stock. The Company is entering into this agreement to set forth the terms on which Trinity Trust Companny (the “Escrow Agent”), will hold and disburse the proceeds from subscriptions for the purchase of the Stock in the Offering until such time as: (i) in the case of subscriptions received from all nonaffiliates of the Company, the Company has received and accepted subscriptions for Stock resulting in a total of 250,000 shares of common stock sold in the offering (the “Required Capital”); and (ii) in the case of subscriptions received from residents of Pennsylvania (“Pennsylvani
