Form of Internalization Agreement Sample Contracts

FORM OF INTERNALIZATION AGREEMENT
Form of Internalization Agreement • December 8th, 2014 • Polar Star Realty Trust Inc. • Real estate investment trusts

This INTERNALIZATION AGREEMENT (this “Agreement”) is executed as of , 2014 by and among POLAR STAR OPERATING PARTNERSHIP S.C.A., a corporate partnership limited by shares (société en commandite par actions) formed under the laws of the Grand Duchy of Luxembourg (the “Operating Partnership”), and OBLIGO INVESTMENT MANAGEMENT AS, a limited liability company (AS) incorporated in Norway (“Obligo”). Capitalized terms used but not defined herein shall have the meanings set forth on Exhibit A.

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