0001476204-16-000050 Sample Contracts

SECOND AMENDMENT TO ADVISORY AGREEMENT OF PHILLIPS EDISON GROCERY CENTER REIT I, INC.
Advisory Agreement • March 3rd, 2016 • Phillips Edison Grocery Center Reit I, Inc. • Real estate investment trusts

This Second Amendment (this “Amendment”) is made effective as of November 3, 2015, to the Advisory Agreement (the “Advisory Agreement”), dated December 3, 2014 and amended on October 1, 2015, by and among Phillips Edison Grocery Center REIT I, Inc., a Maryland corporation (formerly Phillips Edison - ARC Shopping Center REIT Inc., the “Company”), Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership (formerly Phillips Edison - ARC Shopping Center Operating Partnership L.P., the “Partnership”), and Phillips Edison NTR LLC, a Delaware limited liability company (the “Advisor”). Capitalized terms used but not defined herein will have the meanings ascribed to such terms in the Advisory Agreement.

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