0001568162-19-000008 Sample Contracts

FIRST AMENDMENT TO
Outperformance Agreement • March 7th, 2019 • American Finance Trust, Inc • Real estate investment trusts

This FIRST AMENDMENT TO THE 2018 ADVISOR MULTI-YEAR OUTPERFORMANCE AGREEMENT (this “Amendment”) made as of and effective as of March 6, 2019, by and among AMERICAN FINANCE TRUST, INC. a Maryland corporation (the “Company”), its subsidiary AMERICAN FINANCE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership and the entity through which the Company conducts substantially all of its operations (the “Partnership”), and AMERICAN FINANCE ADVISORS, LLC, a Delaware limited liability company, the Company’s manager (the “Advisor”).

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