0001144204-17-002016 Sample Contracts

ISSUANCE AND RELEASE AGREEMENT
Issuance and Release Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

ISSUANCE AND RELEASE AGREEMENT (the “Agreement”), dated as of January 6, 2017, by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and Jeffrey F. Joseph (“Releasor”).

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CONSULTING AGREEMENT
Consulting Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

This Consulting Agreement (this “Agreement”), dated as of January 6, 2017, is by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and Signature Group Advisors, LLC, a Delaware limited liability company (the “Advisor”).

CANCELLATION AND RELEASE AGREEMENT
Cancellation and Release Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

CANCELLATION AND RELEASE AGREEMENT (the “Agreement”), dated as of January 6, 2017, by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and Nickolas W. Jekogian, III (“Releasor”), the Chairman, Chief Executive Officer and Director of the Company.

FIRST AMENDMENT TO INTEREST CONTRIBUTION AGREEMENT
Interest Contribution Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS FIRST AMENDMENT TO INTEREST CONTRIBUTION AGREEMENT (this “Amendment”) is made and entered into as of this 6th day of January 2017, by and between Presidential Realty Corporation (“Presidential”), Presidential Realty Operating Partnership LP (“Presidential OP,” and together with Presidential, the “Presidential Parties”), First Capital Real Estate Operating Partnership, LP (“FCRE OP”), First Capital Real Estate Trust Incorporated (“First Capital,” and together with FCRE OP, the “FC Parties”), Township Nine Owner, LLC (“T9 JV”), Capital Station Holdings, LLC (“T9 Holdings”), Capital Station Member, LLC (“T9 Member”), Capital Station 65 LLC (“T9 Fee”)and Avalon Jubilee LLC (“Avalon Fee”). Collectively, the parties to this Amendment are referred to herein as the “Parties.”

CANCELLATION AND RELEASE AGREEMENT
Cancellation and Release Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

CANCELLATION AND RELEASE AGREEMENT (the “Agreement”), dated as of January 6, 2017, by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and Alexander Ludwig (“Releasor”), the President, Chief Operating Officer, Director and Principal Financial Officer of the Company.

AGREEMENT OF LIMITED PARTNERSHIP OF PRESIDENTIAL REALTY Operating Partnership LP
Limited Partnership Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

THIS LIMITED PARTNERSHIP AGREEMENT OF PRESIDENTIAL REALTY Operating Partnership LP (this “Agreement”), is made this 6th day of January, 2017 by and among Presidential Realty Corporation, a Delaware corporation (in its capacity as General Partner, the “General Partner”), First Capital Real Estate Operating Partnership, LP, as Limited Partner (the “Initial Limited Partner”), and the Limited Partners party hereto from time to time..

STOCK OPTION AGREEMENT
Stock Option Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

AGREEMENT (this “Agreement”) made as of January 6, 2017 (the “Grant Date”), between Presidential Realty Corporation, a Delaware corporation (the “Corporation”), and Alexander Ludwig (the “Grantee”).

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