0001493152-19-019630 Sample Contracts

MONMOUTH REAL ESTATE INVESTMENT CORPORATION BELL WORKS SUITE 1405 HOLMDEL, NEW JERSEY 07733 A Public REIT Since 1968
Retirement Agreement • December 23rd, 2019 • Monmouth Real Estate Investment Corp • Real estate investment trusts

This Retirement Agreement (the “Agreement”) confirms the agreement between Monmouth Real Estate Investment Corporation (the “Company”) and you regarding your retirement from the Company as of December 23, 2019 (the “Retirement Date”). Subject to the terms and conditions set forth herein, in recognition of two decades of exemplary service to the Company and to assist you in transitioning to your other employment, the Company has agreed to make the payments set forth in this Agreement.

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