0001193125-09-170882 Sample Contracts

AMENDMENT TO THE MANAGEMENT AGREEMENT BY AND BETWEEN JER INVESTORS TRUST INC. and JER COMMERCIAL DEBT ADVISORS LLC
Management Agreement • August 10th, 2009 • JER Investors Trust Inc • Real estate investment trusts

This AMENDMENT No. 4 (this “Amendment”) to the Management Agreement, dated as of June 4, 2004 (as amended, the “Management Agreement”), by and between JER Investors Trust Inc., a Maryland corporation (the “Company”) and JER Commercial Debt Advisors LLC, a Delaware limited liability company (the “Manager”), is made as of this 21st day of July 2009, between the Company and the Manager. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to them in the Management Agreement.

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