Date: May 26, 2022Registered Forward Transaction • June 1st, 2022 • Agree Realty Corp • Real estate investment trusts • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Wells Fargo Bank, National Association (“Dealer”) and Agree Realty Corporation (“Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.
AGREE REALTY CORPORATION 5,000,000 Shares of Common Stock (Par Value $0.0001 Per Share) UNDERWRITING AGREEMENTUnderwriting Agreement • June 1st, 2022 • Agree Realty Corp • Real estate investment trusts • New York
Agree Realty Corporation, a Maryland corporation (the “Company”), Agree Limited Partnership, a Delaware limited partnership (the “Operating Partnership”), and Citigroup Global Markets Inc. (“Citigroup”) and Wells Fargo Bank, National Association (“Wells Fargo”) (Citigroup and Wells Fargo, in their capacity as seller of Common Stock (as defined below), the “Forward Sellers”), at the request of the Company in connection with the Forward Sale Agreements (as defined below), confirm their agreement with each of the underwriters named in Schedule I hereto (collectively, the “Underwriters,” which term shall also include any underwriter hereinafter substituted as provided in Section 11 hereof), for whom Citigroup Global Markets Inc. and Wells Fargo Securities, LLC are acting as representatives (in such capacity, if and as applicable, the “Representatives”) with respect to the sale by the Forward Sellers, acting severally and not jointly, and the purchase by the Underwriters, acting severally a
Date: May 26, 2022 To: Agree Realty Corporation 70 E. Long Lake RoadRegistered Forward Transaction • June 1st, 2022 • Agree Realty Corp • Real estate investment trusts • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Citibank, N.A. (“Dealer”) and Agree Realty Corporation (“Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.
