0001144204-10-067261 Sample Contracts

FORM OF SUBSCRIPTION ESCROW AGREEMENT
Subscription Escrow Agreement • December 20th, 2010 • American Realty Capital Trust III, Inc. • Real estate investment trusts • New York

THIS SUBSCRIPTION ESCROW AGREEMENT dated as of ___, 2010 (this “Agreement”), is entered into among Realty Capital Securities, LLC (the “Dealer Manager”), American Realty Capital Trust III, Inc. (the “Company”) and Wells Fargo Bank, National Association, as escrow agent (the “Escrow Agent”).

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