INTERCOMPANY BALANCE SETTLEMENT AND RELEASE AGREEMENTIntercompany Balance Settlement and Release Agreement • August 11th, 2011 • Grubb & Ellis Co • Real estate agents & managers (for others) • New York
This Intercompany Balance Settlement and Release Agreement, dated as of August 10, 2011 (this “Release”), by and among the parties hereto is being executed and delivered pursuant to Sections 2.6(h) and 2.7(j) of that certain Stock Purchase Agreement dated as of the date hereof (the “Stock Purchase Agreement”) by and between Grubb & Ellis Company, a Delaware corporation (“Seller”), and IUC-SOV, LLC, a Delaware limited liability company (“Purchaser”). Capitalized terms used in this Release without definition have the respective meanings given to them in the Stock Purchase Agreement. This Release is being executed and delivered by Seller and each of the Acquired Companies.
STOCK PURCHASE AGREEMENT by and between GRUBB & ELLIS COMPANY as Seller, and IUC-SOV, LLC as Purchaser Dated as of August 10, 2011Stock Purchase Agreement • August 11th, 2011 • Grubb & Ellis Co • Real estate agents & managers (for others) • New York
STOCK PURCHASE AGREEMENT, dated as of August 10, 2011 (this “Agreement”), by and between Grubb & Ellis Company, a Delaware corporation (“Seller”), as seller, and IUC-SOV, LLC, a Delaware limited liability company (“Purchaser”), as purchaser.
