0001193125-10-159514 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Maryland

THIS INDEMNIFICATION AGREEMENT (the “Agreement”) is executed the 8th day of June, 2010, by and among CNL Diversified Lifestyle Properties, Inc., a Maryland corporation (the “Company”) and James M. Seneff, Jr., a director and/or officer of the Company (the “Indemnitee”).

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FORM OF MANAGING DEALER AGREEMENT CNL DIVERSIFIED LIFESTYLE PROPERTIES, INC.
Managing Dealer Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Florida

THIS MANAGING DEALER AGREEMENT (the “Agreement”) is made and entered into as of the day of , 20 , between CNL DIVERSIFIED LIFESTYLE PROPERTIES, INC., a Maryland corporation (the “Company”) and CNL SECURITIES CORP., a Florida corporation (the “Managing Dealer”).

FORM OF PARTICIPATING BROKER AGREEMENT CNL DIVERSIFIED LIFESTYLE PROPERTIES, INC.
Broker Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Florida

THIS PARTICIPATING BROKER AGREEMENT (the “Agreement”) is made and entered into as of the day of , 20 , between CNL SECURITIES CORP., a Florida corporation (the “Managing Dealer”), and , a (the “Broker”).

LIMITED PARTNERSHIP AGREEMENT OF CNL DIVERSIFIED PROPERTIES, LP RECITALS
Limited Partnership Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Delaware

This Limited Partnership Agreement (this “Agreement”) is entered into this 23rd day of June, 2010, between CNL Diversified Properties GP, LLC, a Delaware limited liability company (the “General Partner”) and the Limited Partners (as defined below) set forth on Exhibit A attached hereto. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.

FORM OF PROPERTY MANAGEMENT AND LEASING AGREEMENT
Management and Leasing Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Florida

The current month’s operating bank statement and account reconciliation for the operating accounts must be included in the monthly reporting package. Bank statements will end on the 20th of each month. Each bank account must have its own reconciliation.

FORM OF ESCROW AGREEMENT
Form of Escrow Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Maryland

THIS ESCROW AGREEMENT (the “Agreement”) is dated as of the day of , 2010 by and among CNL Diversified Lifestyle Properties, Inc., a Maryland corporation (the “Company”), UMB Bank, N.A. (the “Escrow Agent”), Boston Financial Data Services, Inc., a Massachusetts corporation (the “Transfer Agent”) and CNL Securities Corp. (the “Managing Dealer”). This Agreement shall be effective as of the effective date of the Company’s registration statement filed with the Securities and Exchange Commission containing the Prospectus (as defined below) (the “Effective Date”).

FORM OF ADVISORY AGREEMENT
Form of Advisory Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Florida

THIS ADVISORY AGREEMENT, dated as of , 2010, is between CNL Diversified Lifestyle Properties, Inc., a corporation organized under the laws of the State of Maryland (the “Company”) and CNL Diversified Corp., a corporation organized under the laws of the State of Florida (the “Advisor”).

FORM OF SERVICE AGREEMENT
Form of Service Agreement • July 15th, 2010 • CNL Diversified Lifestyle Properties, Inc. • Florida

THIS SERVICE AGREEMENT (“Agreement”) is dated and effective as of this day of June, 2010 (the “Effective Date”), by and between CNL Capital Markets Corp. (“CCM” or “Servicer”), a wholly owned subsidiary of CNL Financial Group, Inc. and CNL Diversified Lifestyle Properties, Inc. (“Customer”).

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