Dated as of July 25, 2013 CORPORATE PROPERTY ASSOCIATES 16 - GLOBAL INCORPORATED, W. P. CAREY INC. WPC REIT MERGER SUB INC.Merger Agreement • July 26th, 2013 • Corporate Property Associates 16 Global Inc • Lessors of real property, nec • Maryland
AGREEMENT AND PLAN OF MERGER (this “Agreement”) dated as of July 25, 2013, by and among Corporate Property Associates 16 - Global Incorporated, a Maryland corporation (“CPA16”), W. P. Carey Inc., a Maryland corporation and the ultimate parent of the external manager of CPA16 (“W. P. Carey”), WPC REIT Merger Sub Inc., a Maryland corporation, an indirect subsidiary of W. P. Carey and the successor in interest to Carey REIT III, Inc., a Maryland corporation (“Merger Sub”), and, for the limited purposes set forth in Sections 4.3 and 4.14, Carey Asset Management Corp. (“CAM”) and W. P. Carey & Co. B.V. (“Foreign Subsidiary”), each an indirect subsidiary of W. P. Carey, and, for the limited purposes set forth in Section 4.13, CPA 16 LLC, a Delaware limited liability company and an indirect subsidiary of CPA16 (“CPA16 LLC”).
