0001193125-05-188228 Sample Contracts

FIRST AMENDMENT TO LEASE
Lease • September 20th, 2005 • One Liberty Properties Inc • Real estate investment trusts

THIS FIRST AMENDMENT TO LEASE (“First Amendment” or “Amendment”) is executed on the dates set forth below to be effective on the first day of the month following the month in which this Amendment is executed (the “Amendment Effective Date”) by and between DSM NUTRITIONAL PRODUCTS, INC. (“Tenant”) and FALK US PROPERTY INCOME FUND, L.P. (“Landlord”).

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LEASE GUARANTY
Lease Guaranty • September 20th, 2005 • One Liberty Properties Inc • Real estate investment trusts

THIS LEASE GUARANTY (the “Guaranty”) is made as of the day of March, 2005, by Koninklijke DSM, N.V., a Dutch corporation, whose mailing address is Post Bus 6500, 6401 JH Heerlen, The Netherlands (the “Guarantor”), in favor of FALK US PROPERTY INCOME FUND, L.P., whose mailing address is c/o Falk of North America, Inc., 6 Adelaide Street East, Suite 310, Toronto, Ontario, Canada M5C 1H6 (the “Landlord”).

ASSIGNMENT OF SALE AGREEMENT
Assignment of Sale Agreement • September 20th, 2005 • One Liberty Properties Inc • Real estate investment trusts

THIS ASSIGNMENT is made as of the 15th day of September, 2005, by ONE LIBERTY PROPERTIES, INC. (“Assignor”), to OLP PARSIPPANY LLC (“Assignee”).

SALE AGREEMENT by and between FALK US PROPERTY INCOME FUND, L.P. as Seller, and ONE LIBERTY PROPERTIES, INC. as Purchaser
Sale Agreement • September 20th, 2005 • One Liberty Properties Inc • Real estate investment trusts • New Jersey

THIS SALE AGREEMENT (this “Agreement”) is made and entered into by and between FALK US PROPERTY INCOME FUND, L.P., a Delaware limited partnership (hereinafter referred to as “Seller”) and ONE LIBERTY PROPERTIES, INC., a real estate investment trust incorporated under the laws of the State of Maryland, and its permitted assign (hereinafter referred to as “Purchaser”) to be effective as of the date on which the last of Seller and Purchaser execute this Agreement and a fully executed counterpart hereof is received by the other party or its attorney via facsimile or e-mail (the “Effective Date”).

STANDARD FORM OF NET OFFICE LEASE
Net Office Lease • September 20th, 2005 • One Liberty Properties Inc • Real estate investment trusts
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