AGREEMENT OF PURCHASE AND SALE (Ernest and Virginia Myers — $8,656,324)Purchase and Sale Agreement • March 9th, 2016 • GLADSTONE LAND Corp • Real estate investment trusts • Colorado
THIS AGREEMENT (the “Agreement”) is made as of the 11th day of February, 2016 (the “Effective Date”), between Ernest Myers (“E. Myers”) and Virginia Myers (“V. Myers, and together with E. Myers the “Seller”) and Gunbarrel Road Alamosa, LLC, a Delaware limited liability company, or its designee (the “Purchaser”).
CONTRIBUTION AGREEMENT (SAM Investments, Inc. — $528,529)Contribution Agreement • March 9th, 2016 • GLADSTONE LAND Corp • Real estate investment trusts • Colorado
This CONTRIBUTION AGREEMENT (the “Agreement”) is made and entered into as of February 17, 2016 (the “Effective Date”), by and among SAM Investments, Inc., an Illinois corporation (the “Contributor”), Gunbarrel Road Alamosa, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Operating Partnership (the “Recipient”), Gladstone Land Corporation, a Maryland corporation (the “REIT”), Gladstone Land Partners, LLC, a Delaware limited liability company (the “General Partner”), and Gladstone Land Limited Partnership, a Delaware limited partnership (the “Operating Partnership”, and together with the REIT, the General Partner and the Recipient, the “Recipient Parties”).
