0000950123-10-056031 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • June 4th, 2010 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings • Texas

THIS Settlement Agreement (this “Agreement”) is made as of May 28, 2010 (the “Effective Date”) between NNN EXECUTIVE CENTER 2003, LP (“Borrower”) and the Ivan Halaj and Vilma Halaj Inter Vivos Trust under restated Inter Vivos Trust Agreement Dated January 17, 1995 (also known as the Ivan Halaj and Vilma Halaj Inter Vivos Trust dated June 16, 1980 as restated on January 17, 1995) (“Lender”).

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AMENDMENT TO SETTLEMENT AGREEMENT
Settlement Agreement • June 4th, 2010 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings

THIS Amendment to Settlement Agreement (this “Amendment) is made as of June 2, 2010 (the “Effective Date”) between NNN EXECUTIVE CENTER 2003, LP (“Borrower”) and the Ivan Halaj and Vilma Halaj Inter Vivos Trust under restated Inter Vivos Trust Agreement Dated January 17, 1995 (the “Trust”) (also known as the Ivan Halaj and Vilma Halaj Inter Vivos Trust dated June 16, 1980 as restated on January 17, 1995) (the “Trust Agreement”) (“Lender”).

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