0001144204-14-073851 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT BETWEEN ARC PROPERTIES OPERATING PARTNERSHIP, L.P. AND dAVID kAY
Employment Agreement • December 15th, 2014 • ARC Properties Operating Partnership, L.P. • Real estate investment trusts • New York

This Amended and Restated Employment Agreement (the “Agreement”), dated as of October 1, 2014 (the “Effective Date”), is entered into by and between ARC Properties Operating Partnership, L.P. (the “Company”), and David Kay (the “Executive”) (each of them being referred to as a “Party” and together as the “Parties”) and, solely with respect to Sections 3(b), 3(c), 3(d), 3(e) and 3(f) hereof, American Realty Capital Properties, Inc. (“ARCP”).

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Employment Agreement • December 15th, 2014 • ARC Properties Operating Partnership, L.P. • Real estate investment trusts • New York

This Agreement is made today, December 12, 2014 (“Effective Date”), by Nicholas S. Schorsch (“Schorsch”) and American Realty Capital Properties, Inc. (“ARCP” and, together with Schorsch, the “Parties”).

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • December 15th, 2014 • ARC Properties Operating Partnership, L.P. • Real estate investment trusts • New York

This Separation Agreement and Release (the “Agreement”) is entered into as of the date last written below (the “Execution Date”), by and between American Realty Capital Properties, Inc. (“ARCP”) and ARC Properties Operating Partnership, L.P., on the one hand, and David Kay (“Executive” and, together with ARCP, the “Parties”), on the other.

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • December 15th, 2014 • ARC Properties Operating Partnership, L.P. • Real estate investment trusts • New York

This Separation Agreement and Release (the “Agreement”) is entered into as of the date last written below (the “Execution Date”), by and between American Realty Capital Properties, Inc. (“ARCP”) and ARC Properties Operating Partnership, L.P., on the one hand, and Lisa Beeson (“Executive,” and, together with ARCP, the “Parties”), on the other.

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