0001193125-07-185383 Sample Contracts

FORM OF INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 20th, 2007 • Fidelity Property Income Trust • Real estate investment trusts • Maryland

THIS INVESTMENT ADVISORY AGREEMENT (the “Agreement”), dated as of , 2007, is by and among Fidelity Property Income Trust, a Maryland real estate investment trust (the “Trust”), Fidelity Property Income Trust Limited Partnership, a Delaware limited partnership (the “Controlled Partnership”), and Pyramis Global Advisors Trust Company, a New Hampshire chartered trust company (the “Advisor”).

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APPRAISAL MANAGER AGREEMENT
Appraisal Manager Agreement • August 20th, 2007 • Fidelity Property Income Trust • Real estate investment trusts • Maryland

THIS APPRAISAL MANAGER AGREEMENT (the “Agreement”), dated as of July 1, 2007, is by and among Fidelity Property Income Trust, a Maryland real estate investment trust (the “Trust”), Fidelity Property Income Trust Limited Partnership, a Delaware limited partnership (the “Controlled Partnership”), and Cushman & Wakefield of Long Island, Inc., a New York corporation (the “Appraisal Manager”).

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