GRUBB & ELLIS COMPANYPurchase Agreement • May 4th, 2010 • Grubb & Ellis Co • Real estate agents & managers (for others) • New York
Grubb & Ellis Company, a Delaware corporation (the “Company”), confirms its agreement with JMP Securities LLC (the “Initial Purchaser”) with respect to the issuance and sale by the Company to the Initial Purchaser of $30 million principal amount of the Company’s 7.95% Convertible Senior Notes due 2015 (the “Initial Securities”). In addition, the Company has granted to the Initial Purchaser an option to purchase up to an additional $4.5 million principal amount of the Company’s 7.95% Convertible Senior Notes due 2015 (the “Option Securities” and, together with the Initial Securities, the “Securities”). The Securities, including under certain circumstances accrued interest thereon, will be convertible into shares (the “Underlying Shares”) of the common stock, par value $0.01 per share, of the Company (the “Common Stock”), subject to and in accordance with the terms and conditions of the Indenture (as defined below). The Securities will be issued pursuant to an Indenture (the “Indenture”)
CONSULTING AND SEPARATION AGREEMENT AND GENERAL RELEASE OF ALL CLAIMSSeparation Agreement • May 4th, 2010 • Grubb & Ellis Co • Real estate agents & managers (for others) • Illinois
This Separation Agreement and General Release of all Claims (“Agreement”) is made by and between Richard Pehlke (“Employee”) and Grubb & Ellis Company (“Grubb & Ellis”) (collectively, the “Parties”).
