0000950152-05-007855 Sample Contracts

PURCHASE AGREEMENT
Purchase Agreement • September 28th, 2005 • Paragon Real Estate Equity & Investment Trust • Real estate investment trusts • Ohio

THIS PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of this 26th day of September, 2005 by and among: (i) Veard Baytown Limited Partnership, an Ohio limited partnership, (ii) Veard Stafford Limited Partnership, an Ohio limited partnership, (iii) Veard Lake Jackson Limited Partnership, an Ohio limited partnership, (iv) Veard Wharton Limited Partnership, an Ohio limited partnership, (v) Veard Irving Limited Partnership, an Ohio limited partnership, (vi) Veard Arlington Limited Partnership, an Ohio limited partnership (vii) Veard Amarillo Limited Partnership, an Ohio limited partnership, (viii) Veard Victoria Limited Partnership, an Ohio limited partnership, (ix) Veard Kettering Limited Partnership, an Ohio limited partnership, (x) Veard-Canton Limited Partnership, an Ohio limited partnership, (each a “Seller”, and collectively, the “Sellers”); and (xi) Paragon Real Estate Equity and Investment Trust, a Maryland business trust (“Buyer”).

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