AMENDED AND RESTATED ADVISORY AGREEMENT BY AND BETWEEN STEADFAST APARTMENT REIT, INC. AND STEADFAST APARTMENT ADVISOR, LLCAdvisory Agreement • August 6th, 2019 • Steadfast Income REIT, Inc. • Real estate investment trusts • Delaware
THIS AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), entered into as of the 5th day of August, 2019, and which shall be effective as of the first to occur of the SIR Merger (as defined below) and the STAR III Merger (as defined below) (the “Effective Date”) is entered into by and among Steadfast Apartment REIT, Inc., a Maryland corporation (the “Company”) and Steadfast Apartment Advisor, LLC, a Delaware limited liability company (the “Advisor”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.
SIR LETTERHEAD]Advisory Agreement • August 6th, 2019 • Steadfast Income REIT, Inc. • Real estate investment trusts • California
This letter agreement sets forth certain agreements and understandings that each of Steadfast Income Advisor, LLC (the “Advisor”) and Steadfast Income REIT, Inc. (the “Company”) has agreed to undertake in connection with the Company’s proposed business combination with Steadfast Apartment REIT, Inc. (the “Merger”) pursuant to the Agreement and Plan of Merger among them and certain affiliated entities dated as of the date hereof (the “Merger Agreement”). Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the Amended and Restated Advisory Agreement among the Company, its operating partnership and the Advisor, dated May 4, 2010, as amended.
