Common use of Electronic Delivery of Disclosures and Schedule Clause in Contracts

Electronic Delivery of Disclosures and Schedule. K-1. The Purchaser understands that the Company and the Managing Member expect to deliver tax return information, including Schedule K-1s (each, a “K-1”) to the Purchaser by either electronic mail, a posting to a Purchaser-accessible platform, Subscription Agreement page 11 or some other form of electronic delivery. Pursuant to IRS Rev. Proc. 2012-17 (Feb. 13, 2012), the Purchaser hereby expressly understands, consents to, and acknowledges such electronic delivery of tax returns and related information. (i) The Purchaser’s consent to electronic delivery will apply to all future K–1s unless such consent is withdrawn by the Purchaser. (ii) If for any reason the Purchaser would like a paper copy of the K-1 after the Purchaser has consented to electronic delivery, the Purchaser may submit a request via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or send a written request to SREIF Manager II, LLC, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 190, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. Requesting a paper copy of the Purchaser’s K-1 will not be treated as a withdrawal of consent (iii) If the Purchaser in the future determines that it no longer consents to electronic delivery, the Purchaser will need to notify the Company so that it can arrange for a paper K-1 to be delivered to the address that the Company then currently has on file. The Purchaser may submit notice via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or send a written request SREIF Manager II, LLC, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 190, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. The Purchaser’s consent is considered withdrawn on the date the Company receives the written request to withdraw consent. The Company will confirm the withdrawal and its effective date in writing. A withdrawal of consent does not apply to a K-1 that was emailed to the Purchaser before the effective date of the withdrawal of consent. (iv) The Company (or the Managing Member) will cease providing statements to the Purchaser electronically if the Purchaser provides notice to withdraw consent, if the Purchaser ceases to be a member of the Company, or if regulations change to prohibit the form of delivery. (v) If the Purchaser needs to update the Purchaser’s contact information that is on file, please email the update to the Managing Member. The Purchaser will be notified if there are any changes to the contact information of the Company. (vi) The Purchaser’s K-1 may be required to be printed and attached to a federal, state, or local income tax return. Subscription Agreement page 12

Electronic Delivery of Disclosures and Schedule. K-1. The Purchaser Subscriber understands that the Company and the Managing Member Manager expect to deliver tax return information, including Schedule K-1s (each, a “K-1”) to the Purchaser Subscriber by either electronic mail, a posting to a PurchaserSubscriber-accessible platform, Subscription Agreement page 11 or some other form of electronic delivery. Pursuant to IRS Rev. Proc. 2012-17 2012 -17 (Feb. 13, 2012), the Purchaser Subscriber hereby expressly understands, consents to, and acknowledges such electronic delivery of tax returns and related information. (i) The PurchaserSubscriber’s consent to electronic delivery will apply to all future K–1s unless such consent is withdrawn by the PurchaserSubscriber. (ii) If for any reason the Purchaser Subscriber would like a paper copy of the K-1 after the Purchaser Subscriber has consented to electronic delivery, the Purchaser Subscriber may submit a request via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇.▇▇▇▇▇▇▇ or send a written request to SREIF Manager II, LLC, ▇▇▇▇ ▇ ▇▇▇ ▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 190, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. Requesting a paper copy of the PurchaserSubscriber’s K-1 will not be treated as a withdrawal of consent. (iii) If the Purchaser Subscriber in the future determines that it no longer consents to electronic delivery, the Purchaser Subscriber will need to notify the Company so that it can arrange for a paper K-1 to be delivered to the address that the Company then currently has on file. The Purchaser Subscriber may submit notice via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇.▇▇▇▇▇▇▇ or send a written request SREIF Manager II, LLC, to ▇▇▇▇ ▇ ▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 190, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. The PurchaserSubscriber’s consent is considered withdrawn on the date the Company receives the written request to withdraw consent. The Company will confirm the withdrawal and its effective date in writing. A withdrawal of consent does not apply to a K-1 K- 1 that was emailed to the Purchaser Subscriber before the effective date of the withdrawal of consent. (iv) The Company (or the Managing MemberManager) will cease providing statements to the Purchaser Subscriber electronically if the Purchaser Subscriber provides notice to withdraw consent, if the Purchaser Subscriber ceases to be a member of the Company, or if regulations change to prohibit the form of delivery. (v) If the Purchaser Subscriber needs to update the PurchaserSubscriber’s contact information that is on file, please email the update to the Managing MemberManager. The Purchaser Subscriber will be notified if there are any changes to the contact information of the Company. (vi) The PurchaserSubscriber’s K-1 may be required to be printed and attached to a federal, state, or local income tax return. Subscription Agreement page 12. (i) AGREES TO THE TERMS OF THE SUBSCRIPTION AGREEMENT. (ii) ACKNOWLEDGES THAT ANY MISSTATEMENT MAY RESULT IN AN IMMEDIATE REDEMPTION OF SUBSCRIBER’S INTERESTS. (iii) AGREES THAT IF THE COMPANY BELIEVES THAT SUBSCRIBER OR A BENEFICIAL OWNER OF SUBSCRIBER IS A PROHIBITED INVESTOR, THE COMPANY MAY BE OBLIGATED TO FREEZE SUBSCRIBER’S INVESTMENT, DECLINE TO MAKE DISTRIBUTIONS OR SEGREGATE THE ASSETS CONSTITUTING SUBSCRIBER’S INVESTMENT WITH THE COMPANY IN ACCORDANCE WITH APPLICABLE LAW.

Electronic Delivery of Disclosures and Schedule. K-1. The Purchaser understands that the Company and the Managing Member Management Company expect to deliver tax return information, including Schedule K-1s (each, a “K-1”) to the Purchaser by either electronic mail, a posting to a Purchaser-accessible platform, Subscription Agreement page 11 or some other form of electronic delivery. Pursuant to IRS Rev. Proc. 2012-17 (Feb. 13, 2012), the Purchaser hereby expressly understands, consents to, and acknowledges such electronic delivery of tax returns and related information. (i) The Purchaser’s consent to electronic delivery will apply to all future K–1s unless such consent is withdrawn by the Purchaser. (ii) If for any reason the Purchaser would like a paper copy of the K-1 after the Purchaser has consented to electronic delivery, the Purchaser may submit a request via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or send a written request to SREIF Manager II, LLC, ▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇Road Suite 120, Suite 190Tucson, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇AZ 8571,949 (873)-4098. Requesting a paper copy of the Purchaser’s K-1 will not be treated as a withdrawal of consent (iii) If the Purchaser in the future determines that it no longer consents to electronic delivery, the Purchaser will need to notify the Company so that it can arrange for a paper K-1 to be delivered to the address that the Company then currently has on file. The Purchaser may submit notice via email to ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or send a written request SREIF Manager II, LLC, ▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇Road Suite 120, Suite 190Tucson, Campbell CA 95008 Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇AZ 8571,949 (873)-4098. The Purchaser’s consent is considered withdrawn on the date the Company receives the written request to withdraw consent. The Company will confirm the withdrawal and its effective date in writing. A withdrawal of consent does not apply to a K-1 that was emailed to the Purchaser before the effective date of the withdrawal of consent. (iv) The Company (or the Managing MemberManagement Company) will cease providing statements to the Purchaser electronically if the Purchaser provides notice to withdraw consent, if the Purchaser ceases to be a member Token Holder of the Company, or if regulations change to prohibit the form of delivery. (v) If the Purchaser needs to update the Purchaser’s contact information that is on file, please email the update to the Managing MemberCompany. The Purchaser will be notified if there are any changes to the contact information of the Company. (vi) The Purchaser’s K-1 may be required to be printed and attached to a federal, state, or local income tax return. Subscription Agreement page 12. (i) ACKNOWLEDGES THAT ANY MISSTATEMENT MAY RESULT IN AN IMMEDIATE REDEMPTION OF PURCHASER’S INTERESTS. (ii) AGREES THAT IF THE COMPANY BELIEVES THAT PURCHASER OR A BENEFICIAL OWNER OF PURCHASER IS A PROHIBITED INVESTOR, THE COMPANY MAY BE OBLIGATED TO FREEZE PURCHASER’S INVESTMENT, DECLINE TO MAKE DISTRIBUTIONS OR SEGREGATE THE ASSETS CONSTITUTING PURCHASER’S INVESTMENT WITH THE COMPANY IN ACCORDANCE WITH APPLICABLE LAW.