0001174947-20-000036 Sample Contracts

PURCHASE AND SALE AGREEMENT BETWEEN EACH PARTY LISTED AS A “SELLER” ON SCHEDULE I AS SELLERS AND SINATRA PROPERTIES LLC AS PURCHASER
Purchase and Sale Agreement • January 15th, 2020 • First Real Estate Investment Trust of New Jersey • Real estate investment trusts • New Jersey

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is entered into as of the 14th day of January, 2020 (the “Effective Date”), by and among each party listed as a “Seller” on Schedule I attached hereto, each having a principal address at c/o First Real Estate Investment Trust of New Jersey, 505 Main Street, Hackensack, New Jersey 07601 (each, a “Seller”; and, collectively, “Sellers”) and Sinatra Properties LLC, a Delaware limited liability company, having a principal address at c/o Kushner Companies, 666 Fifth Avenue, 15th Floor, New York, New York 10103 (“Purchaser”).

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FIRST AMENDMENT TO MANAGEMENT AGREEMENT
Management Agreement • January 15th, 2020 • First Real Estate Investment Trust of New Jersey • Real estate investment trusts • New Jersey

THIS FIRST AMENDMENT TO MANAGEMENT AGREEMENT (this “Amendment”) is made as of January 14, 2020 by and between FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, a New Jersey trust (the “Trust”), and Hekemian & Company, Inc., a New Jersey corporation (the “Agent”),

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