0001025378-18-000014 Sample Contracts

AMENDMENT TO CERTAIN EQUITY AWARD AGREEMENTS
Equity Award Agreements • February 23rd, 2018 • W. P. Carey Inc. • Real estate investment trusts

THIS AMENDMENT is made to those certain (i) Restricted Share Unit Agreements (the “RSU Agreements”) and (ii) Long-Term Performance Share Unit Award Agreements (the “PSU Agreements” and, collectively with the RSU Agreements, the “Agreements”) granted under the W. P. Carey 2009 Share Incentive Plan (the “Plan”) and identified on Exhibit A, by and between W. P. Carey Inc. (the “Company”) and Mark J. DeCesaris (the “Awardee”).

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FIRST AMENDMENT TO AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • February 23rd, 2018 • W. P. Carey Inc. • Real estate investment trusts • New York

THIS FIRST AMENDMENT TO THE AMENDED AND RESTATED ADVISORY AGREEMENT (this “Amendment”) dated as of January 30, 2018, is among CORPORATE PROPERTY ASSOCIATES 18 – GLOBAL INCORPORATED, a Maryland corporation (“CPA:18”), CPA: 18 LIMITED PARTNERSHIP, a Delaware limited partnership of which CPA 18 is the general partner (the “Operating Partnership”), and CAREY ASSET MANAGEMENT CORP., a Delaware corporate and wholly-owned subsidiary of W. P. Carey Inc. (the “Advisor”).

FIRST AMENDMENT TO AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • February 23rd, 2018 • W. P. Carey Inc. • Real estate investment trusts • New York

THIS FIRST AMENDMENT TO THE AMENDED AND RESTATED ADVISORY AGREEMENT (this “Amendment”) dated as of June 13, 2017, is among CAREY WATERMARK INVESTORS INCORPORATED, a Maryland corporation ("CWI 1"), CWI OP, LP, a Delaware limited partnership of which CWI 1 is a general partner (the "Operating Partnership"), and CAREY LODGING ADVISORS, LLC, a Delaware limited liability company (the "Advisor").

SECOND AMENDMENT TO ADVISORY AGREEMENT
Advisory Agreement • February 23rd, 2018 • W. P. Carey Inc. • Real estate investment trusts • New York

THIS SECOND AMENDMENT TO THE ADVISORY AGREEMENT (this “Amendment”) dated as of June 13, 2017, is among CAREY WATERMARK INVESTORS 2 INCORPORATED, a Maryland corporation ("CWI 2"), CWI 2 OP, LP, a Delaware limited partnership of which CWI 2 is a general partner (the "Operating Partnership"), and CAREY LODGING ADVISORS, LLC, a Delaware limited liability company (the "Advisor").

FIRST AMENDMENT TO AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • February 23rd, 2018 • W. P. Carey Inc. • Real estate investment trusts • New York

THIS FIRST AMENDMENT TO THE AMENDED AND RESTATED ADVISORY AGREEMENT (this “Amendment”) dated as of January 30, 2018, is among CORPORATE PROPERTY ASSOCIATES 17 – GLOBAL INCORPORATED, a Maryland corporation (“CPA:17”), CPA: 17 LIMITED PARTNERSHIP, a Delaware limited partnership of which CPA 17 is the general partner (the “Operating Partnership”), and CAREY ASSET MANAGEMENT CORP., a Delaware corporate and wholly-owned subsidiary of W. P. Carey Inc. (the “Advisor”).

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