EX-10.4
North Haven Net REIT
SECOND AMENDED AND RESTATED ADVISORY AGREEMENT
BY AND AMONG
NORTH HAVEN NET REIT,
NH NET REIT OPERATING PARTNERSHIP, LP,
AND
MSREF REAL ESTATE ADVISOR, INC.
TABLE OF CONTENTS
Page
| 1. | Definitions | 1 |
| 2. | Appointment | 5 |
| 3. | Duties of the Adviser | 5 |
| 4. | Authority of Adviser | 8 |
| 5. | Bank Accounts | 9 |
| 6. | Records; Access | 9 |
| 7. | Limitations on Activities | 9 |
| 8. | Other Activities of the Adviser | 9 |
| 9. | Relationship with Trustees and Officers | 11 |
| 10. | Management Fee | 12 |
| 11. | Expenses | 13 |
| 12. | Other Services | 16 |
| 13. | No Joint Venture | 16 |
| 14. | Term | 16 |
| 15. | Termination by the Parties | 16 |
| 16. | Assignment to an Affiliate | 16 |
| 17. | Payments to and Duties of Adviser Upon Termination | 17 |
| 18. | Indemnification by the Company and the Operating Partnership | 17 |
| 19. | Indemnification by Adviser | 17 |
| 20. | Non-Solicitation | 18 |
| 21. | Miscellaneous | 18 |
| 22. | Trademark | 20 |
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SECOND AMENDED AND RESTATED ADVISORY AGREEMENT
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