MEMBERSHIP INTEREST TRANSFER AND ENVIRONMENTAL INDEMNITY RELEASE July 9, 2006Membership Interest Transfer and Environmental Indemnity Release • July 12th, 2006 • Heritage Property Investment Trust Inc • Real estate investment trusts
This Membership Interest Transfer and Environmental Indemnity Release (this “Agreement”) is entered into as of the date set forth above by and among: (a) New England Teamsters & Trucking Industry Pension Fund (“NETT”); (b) Net Realty Holding Trust (“Net Realty”); (c) Net Properties Management, Inc. (together with Net Realty and NETT, the “Indemnifying Parties”); (d) Heritage Property Investment Trust, Inc. (“Heritage”); (e) Heritage Property Investment Limited Partnership (“Heritage OP”); (f) Heritage Realty Limited Partnership and (g) Heritage Realty Trust, Inc., (h) Heritage Realty Management, Inc. (“Heritage Management”) (the parties listed in (a) through (h) together, the “Indemnified Parties”); (i) NET 131 LLC (“NET 131”); and (j) NET Manager LLC (the ”LLC”), in its capacity as manager of 131 Dartmouth Street LLC (the “Manager”).
