Subordinated Distribution Agreement Sample Contracts

Contract
Subordinated Distribution Agreement • May 24th, 2005 • Lightstone Value Plus Real Estate Investment Trust, Inc. • Real estate investment trusts • New York

This Agreement (this “Agreement”) is made as of the 22nd day of April, 2005, by and among Lightstone Value Plus REIT LP, a Delaware limited partnership (the “OP”), Lightstone SLP, LLC, a Delaware limited liability company (the “Company”), and David Lichtenstein, in his individual capacity.

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FORM OF AGREEMENT TO BE EXECUTED AS OF EFFECTIVE DATE
Subordinated Distribution Agreement • April 4th, 2005 • Lightstone Value Plus Real Estate Investment Trust, Inc. • Real estate investment trusts • New York

This Agreement (this “Agreement”) is made as of the 1st day of April, 2005, by and among Lightstone Value Plus REIT LP, a Delaware limited partnership (the “OP”), Lightstone SLP, LLC, a Delaware limited liability company (the “Company”), and David Lichtenstein, in his individual capacity.

FORM OF AGREEMENT TO BE EXECUTED AS OF EFFECTIVE DATE
Subordinated Distribution Agreement • June 9th, 2008 • Lightstone Value Plus Real Estate Investment Trust Ii Inc • New York

This Agreement (this “Agreement”) is made as of June 5, 2008, by and among Lightstone Value Plus REIT II LP, a Delaware limited partnership (the “OP”), Lightstone SLP II, LLC, a Delaware limited liability company (the “Company”), and David Lichtenstein, in his individual capacity.

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