AMENDMENT NO. 1 TO AMENDED AND RESTATED ADVISORY AGREEMENTAdvisory Agreement • April 1st, 2011 • Wells Timberland REIT, Inc. • Real estate investment trusts
This Amendment is made and entered into as of April 1, 2011 (this “Amendment”) and amends the Amended and Restated Advisory Agreement dated as of July 11, 2010 (the “Agreement”) among Wells Timberland REIT, Inc., a Maryland corporation (the “Company”), Wells Timberland Operating Partnership, L.P., a Delaware limited liability partnership (the “Partnership”), and Wells Timberland Management Organization, LLC, a Georgia limited liability company (the “Advisor”). Capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.
