PARTNER NAME] c/o [NAME] [ADDRESS LINE 1] [ADDRESS LINE 2] [CITY], [STATE] [ZIP] Attention: [CONTACT NAME] RE:AREIT Operating Partnership LP Profit Interest Letter Agreement Dear [CONTACT NAME]:Profit Interest Letter Agreement • March 13th, 2024 • Ares Real Estate Income Trust Inc. • Real estate investment trusts
AREIT Operating Partnership LP (“AREIT OP”) is pleased to provide [PARTNER NAME] (the “JV Profit Interest Partner”), with this letter agreement (the “Letter Agreement”) to admit the JV Profit Interest Partner as a limited partner in AREIT OP and grant a performance participation interest more particularly described on Exhibit A (the “[SHORTNAME] Profit Interest”) to JV Profit Interest Partner, under the terms set forth in Exhibit A, in consideration of services rendered and to be rendered by the JV Profit Interest Partner.
