AMENDED AND RESTATED ADVISORY AGREEMENTAdvisory Agreement • November 13th, 2009 • Wells Timberland REIT, Inc. • Real estate investment trusts
Contract Type FiledNovember 13th, 2009 Company IndustryTHIS AMENDED AND RESTATED ADVISORY AGREEMENT (this “AGREEMENT”), dated as of July 11, 2009 and effective as of July 11, 2009 (the “EFFECTIVE DATE”), is by and among WELLS TIMBERLAND REIT, INC., a Maryland corporation (the “COMPANY”), WELLS TIMBERLAND OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (the “PARTNERSHIP”), and WELLS TIMBERLAND MANAGEMENT ORGANIZATION, LLC, a Georgia limited liability company (the “ADVISOR”).