0001193125-14-445560 Sample Contracts

FORM OF MASTER REAL ESTATE MANAGEMENT AGREEMENT
Master Real Estate Management Agreement • December 17th, 2014 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois

THIS MASTER REAL ESTATE MANAGEMENT AGREEMENT (this “Agreement”), dated as of , 2014, is entered into by and between INLAND RESIDENTIAL PROPERTIES TRUST, INC., a Maryland corporation (“the Company”), and INLAND RESIDENTIAL REAL ESTATE SERVICES LLC, a Delaware limited liability company (“the Manager”).

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FORM OF AGREEMENT OF LIMITED PARTNERSHIP OF INLAND RESIDENTIAL OPERATING PARTNERSHIP, L.P. Dated as of [ ], 2014
Limited Partnership Agreement • December 17th, 2014 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Delaware

THIS AGREEMENT OF LIMITED PARTNERSHIP OF INLAND RESIDENTIAL OPERATING PARTNERSHIP, L.P. (this “Agreement”) dated as of [ ], 2014, is entered into among INLAND RESIDENTIAL PROPERTIES TRUST, INC., a Maryland corporation, as general partner (the “General Partner”) and as a Limited Partner, and INLAND RESIDENTIAL PROPERTIES TRUST SPECIAL LIMITED PARTNER, LLC, a Delaware limited liability company, as a Limited Partner (together with the General Partner in its capacity as a Limited Partner, the “Initial Limited Partners”), and the Limited Partners party hereto from time to time.

FORM OF BUSINESS MANAGEMENT AGREEMENT
Business Management Agreement • December 17th, 2014 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois

THIS BUSINESS MANAGEMENT AGREEMENT (this “Agreement”), dated as of , 2014, is entered into by and between Inland Residential Properties Trust, Inc., a Maryland corporation (the “Company”), Inland Residential Operating Partnership, L.P., a Delaware limited partnership of which the Company is the sole general partner and of which the Business Manager is a limited partner (the “Operating Partnership”) and Inland Residential Business Manager & Advisor, Inc., an Illinois corporation (the “Business Manager”). All references to the Company in this agreements shall include the Company’s wholly-owned subsidiaries and, where applicable, the Operating Partnership.

INLAND RESIDENTIAL PROPERTIES TRUST, INC. FORM OF DEALER MANAGER AGREEMENT
Dealer Manager Agreement • December 17th, 2014 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois
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