AMENDED AND RESTATED ADVISORY CONTRACTAdvisory Contract • December 19th, 2003 • Saul B F Real Estate Investment Trust • Savings institution, federally chartered • Maryland
THIS ADVISORY CONTRACT between the B. F. Saul Advisory Company (the “Advisor”) and the B. F. Saul Real Estate Investment Trust (the “Trust”) is, as of October 1, 1982, amended and restated in full as follows:
