ADVISORY AGREEMENT BETWEEN AMERICAN REALTY INVESTORS, INC. AND PILLAR INCOME ASSET MANAGEMENT, INC.Advisory Agreement • May 2nd, 2011 • American Realty Investors Inc • Real estate operators (no developers) & lessors • Texas
THIS ADVISORY AGREEMENT (the “Agreement”) is dated as of April 26, 2011, but is effective as of April 30, 2011, for tax and accounting purposes (the “Effective Date”) between American Realty Investors, Inc., a Nevada corporation (the “Company”), and Pillar Income Asset Management, Inc. (the “Advisor”), a Nevada corporation.
