0001564590-18-006057 Sample Contracts

EXTENSION AGREEMENT
Extension Agreement • March 16th, 2018 • RAIT Financial Trust • Real estate investment trusts • New York

This EXTENSION AGREEMENT, made and entered into as of March 12, 2018 (this “Agreement”) by and among ARS VI INVESTOR I, LP, a limited partnership formed and existing under the laws of the State of Delaware formerly known as ARS VI Investor I, LLC (the “Investor”), RAIT FINANCIAL TRUST, a real estate investment trust formed and existing under the laws of the State of Maryland (the “Company”), RAIT PARTNERSHIP, L.P., a limited partnership formed and existing under the laws of the State of Delaware (the “Partnership”), TABERNA REALTY FINANCE TRUST, a real estate investment trust formed and existing under the laws of the State of Maryland (“Taberna”), and RAIT ASSET HOLDINGS IV, LLC, a limited liability company formed and existing under the laws of the State of Delaware (“NewSub” and together with the Company, the Partnership and Taberna, the “Issuer Parties”), and relates to the Securities Purchase Agreement, dated as of October 1, 2012 by and among the Issuer Parties and the Investor, as

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NON-EXECUTIVE CHAIRMAN AGREEMENT
Non-Executive Chairman Agreement • March 16th, 2018 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

THIS NON-EXECUTIVE CHAIRMAN AGREEMENT (this “Agreement”) is made as of the 27th day of February, 2018, by and between RAIT Financial Trust, a Maryland real estate investment trust (the “Company”), and Michael J. Malter (the “Chairman”).

SEPARATION AGREEMENT
Separation Agreement • March 16th, 2018 • RAIT Financial Trust • Real estate investment trusts

This Separation Agreement (“Agreement”) is entered into as of February 27, 2018, by and between Scott L.N. Davidson (“Davidson”) and RAIT Financial Trust (“RAIT”).

To:John J. Reyle Date:February 27, 2018
Letter Agreement • March 16th, 2018 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

This letter agreement (this “Letter Agreement”) is entered into as of the date set forth above by and between RAIT Financial Trust (the “Company”) and John J. Reyle (“Executive”). Capitalized terms used, but not defined, herein shall have their respective meanings set forth in the Employment Agreement.

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