THIRD AMENDED AND RESTATED ADVISORY AGREEMENT BETWEEN FS CREDIT REAL ESTATE INCOME TRUST, INC. AND FS REAL ESTATE ADVISOR, LLCAdvisory Agreement • December 16th, 2021 • FS Credit Real Estate Income Trust, Inc. • Real estate investment trusts • Delaware
This Third Amended and Restated Advisory Agreement (the “Agreement”) is made as of December 15, 2021, by and between FS CREDIT REAL ESTATE INCOME TRUST, INC., a Maryland corporation (the “Company”), and FS REAL ESTATE ADVISOR, LLC, a Delaware limited liability company (the “Adviser”). This Agreement amends and restates in its entirety the Second Amended and Restated Advisory Agreement dated August 17, 2018, between the Company and the Adviser, and shall become effective as of November 30, 2021 (the “Effective Date”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.
FS Credit Real Estate Income Trust, Inc. Performance-Contingent Class I Share Right Agreement December 15, 2021Share Right Agreement • December 16th, 2021 • FS Credit Real Estate Income Trust, Inc. • Real estate investment trusts • Delaware
This Performance-Contingent Class I Share Right Agreement (the “Agreement”) is made on the date set forth above in accordance with Section 8(e) of the Third Amended and Restated Advisory Agreement between FS Credit Real Estate Income Trust, Inc. and FS Real Estate Advisor, LLC, effective as of November 30, 2021 (as amended, the “Advisory Agreement”). Capitalized terms used but not defined herein have the meanings given to such terms in the Advisory Agreement. In accordance with Section 8(e) of the Advisory Agreement, the Adviser has given notice to the Company that, with the consent of the Sub-Adviser, it has elected for the Adviser and the Sub-Adviser (the “Adviser Entities”) to receive that portion of the fees to which each is entitled pursuant to the Advisory Agreement and the Sub-Advisory Agreement, as applicable, set forth below in Class I PCRs, subject to the terms and conditions hereof. For the avoidance of doubt, Class I PCRs and Class I Shares issued hereunder may be held by e
