Common use of NOTICE OF EXERCISE OF EXCHANGE RIGHT Clause in Contracts

NOTICE OF EXERCISE OF EXCHANGE RIGHT. In accordance with Section 8.5 of the Second Amended and Restated Agreement of Limited Partnership (the “Agreement”) of Sentio Healthcare Properties OP, L.P., the undersigned hereby irrevocably (i) presents for exchange ________ Partnership Units in Sentio Healthcare Properties OP, L.P. in accordance with the terms of the Agreement and the Exchange Right referred to in Section 8.5 thereof, (ii) surrenders such Partnership Units and all right, title and interest therein, and (iii) directs that the REIT Shares Amount (as defined in the Agreement) deliverable upon exercise of the Exchange Right be delivered to the address specified below, and such REIT Shares be registered or placed in the name(s) and at the address(es) specified below. Dated: ____________, ____ (Name of Limited Partner) (Signature of Limited Partner) (Mailing Address) (City) (State) (Zip Code) Signature Guaranteed by: Issue REIT Shares to: Name: Social Security or Tax I.D. Number:

Appears in 2 contracts

Sources: Limited Partnership Agreement (Sentio Healthcare Properties Inc), Securities Purchase Agreement (Sentio Healthcare Properties Inc)