Waiver and Acknowledgement to Contribution and Implementation Agreement Sample Contracts

WAIVER AND ACKNOWLEDGEMENT TO CONTRIBUTION AND IMPLEMENTATION AGREEMENT
Waiver and Acknowledgement to Contribution and Implementation Agreement • April 2nd, 2015 • Colony Financial, Inc. • Real estate investment trusts

This Waiver and Acknowledgement (this “Waiver”) is entered into as of April 2, 2015, and is granted and agreed pursuant to the Contribution and Implementation Agreement (the “Agreement”), entered into as of December 23, 2014, by and among Colony Financial, Inc., a Maryland corporation (“CFI”), Colony Capital Operating Company, LLC (formerly known as CFI RE Masterco, LLC), a Delaware limited liability company and wholly owned subsidiary of CFI, Colony Capital, LLC, a Delaware limited liability company (“CC”), Colony Capital Holdings, LLC, a Delaware limited liability company, and Colony Capital OP Subsidiary, LLC, a Delaware limited liability company and wholly owned subsidiary of CC (“NewCo”), CCH Management Partners I, LLC, a Delaware limited liability company, FHB Holding LLC, a Delaware limited liability company and Richard Saltzman.

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