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Asset Management Advisory Agreement
Asset Management Advisory Agreement (67K)
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ASSET MANAGEMENT ADVISORY AGREEMENT
THIS ASSET MANAGEMENT ADVISORY AGREEMENT (�Agreement�) is made and entered into as of the 1st day of January, 2005, by and among WELLS REAL ESTATE INVESTMENT TRUST, INC., a Maryland corporation (�Wells REIT�), WELLS OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (�Wells OP�), and WELLS MANAGEMENT COMPANY, INC., a Georgia corporation (�Asset Advisor�).
W I T N E S S E T H
WHEREAS, Wells REIT has issued shares of its common stock, par value $.01, to the public, has registered with the Securities and Exchange . . .
1004506
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Wells Operating
As referenced in this Asset Management Advisory Agreement:
WELLS OPERATING PARTNERSHIP, L – ADVISORY AGREEMENT (Agreement) is made and entered into as of the 1st day of January, 2005, by and among WELLS REAL ESTATE INVESTMENT TRUST, INC., a Maryland corporation (Wells REIT), WELLS OPERATING PARTNERSHIP, L .P., a Delaware limited partnership (Wells OP), and WELLS MANAGEMENT COMPANY, INC., a Georgia corporation (Asset Advisor).
W I T N E S S E T H
WHEREAS, Wells
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Wells Operating Partnership, L – the greater of 2% of Wells REITs Average Invested Assets during such 12 month period or 25% of Wells REITs Net Income over the same 12 month period.
Wells OP. Wells Operating Partnership, L .P., a Delaware limited partnership formed to own and operate properties on behalf of Wells REIT.
Wells REIT. Wells Real Estate Investment Trust, Inc., a corporation organized under the
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Wells Operating Partnership, L – after their respect name below or at such different addresses as either party shall have theretofore advised the other party in writing in accordance with this Section 22.
Wells OP:
Wells Operating Partnership, L .P.
c/o Wells Real Estate Investment Trust, Inc.
6200 The Corners Parkway
Norcross, Georgia 30092-3365
Wells REIT:
Wells Real Estate Investment Trust, Inc.
6200 The Corners Parkway
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WELLS OPERATING PARTNERSHIP, L – day of December, 2004, to be effective as of the date first above written.
WELLS REIT:
WELLS REAL ESTATE INVESTMENT TRUST, INC.
By:
Leo F. Wells, III
President
WELLS OP:
WELLS OPERATING PARTNERSHIP, L .P.
By:
Wells Real Estate Investment Trust, Inc.
(As General Partner of Wells Operating
Partnership, L.P.)
By:
Douglas P. Williams
Executive Vice President
ASSET ADVISOR:
WELLS MANAGEMENT COMPANY,
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Wells Operating
Partnership, L – WELLS REAL ESTATE INVESTMENT TRUST, INC.
By:
Leo F. Wells, III
President
WELLS OP:
WELLS OPERATING PARTNERSHIP, L.P.
By:
Wells Real Estate Investment Trust, Inc.
(As General Partner of Wells Operating
Partnership, L .P.)
By:
Douglas P. Williams
Executive Vice President
ASSET ADVISOR:
WELLS MANAGEMENT COMPANY, INC.
By:
M. Scott Meadows
Senior Vice President
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dt 1389936
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Wells REIT
As referenced in this Asset Management Advisory Agreement:
WELLS REAL ESTATE INVESTMENT TRUST, INC – AGREEMENT
Exhibit 10.68
ASSET MANAGEMENT ADVISORY AGREEMENT
THIS ASSET MANAGEMENT ADVISORY AGREEMENT (Agreement) is made and entered into as of the 1st day of January, 2005, by and among WELLS REAL ESTATE INVESTMENT TRUST, INC ., a Maryland corporation (Wells REIT), WELLS OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (Wells OP), and WELLS MANAGEMENT COMPANY, INC., a Georgia corporation (Asset Advisor).
W I T
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Wells Real Estate Investment Trust, Inc – over the same 12 month period.
Wells OP. Wells Operating Partnership, L.P., a Delaware limited partnership formed to own and operate properties on behalf of Wells REIT.
Wells REIT. Wells Real Estate Investment Trust, Inc ., a corporation organized under the laws of the State of Maryland.
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2. Appointment of Asset Advisor. Wells REIT hereby engages and retains Asset Advisor as its Asset Advisor
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Wells Real Estate Investment Trust, Inc – such different addresses as either party shall have theretofore advised the other party in writing in accordance with this Section 22.
Wells OP:
Wells Operating Partnership, L.P.
c/o Wells Real Estate Investment Trust, Inc .
6200 The Corners Parkway
Norcross, Georgia 30092-3365
Wells REIT:
Wells Real Estate Investment Trust, Inc.
6200 The Corners Parkway
Norcross, Georgia 30092-3365
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Asset Advisor:
Wells Management
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Wells Real Estate Investment Trust, Inc – accordance with this Section 22.
Wells OP:
Wells Operating Partnership, L.P.
c/o Wells Real Estate Investment Trust, Inc.
6200 The Corners Parkway
Norcross, Georgia 30092-3365
Wells REIT:
Wells Real Estate Investment Trust, Inc .
6200 The Corners Parkway
Norcross, Georgia 30092-3365
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Asset Advisor:
Wells Management Company, Inc.
6200 The Corners Parkway
Norcross, Georgia 30092-3365
23. Governing Law. The provisions of
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WELLS REAL ESTATE INVESTMENT TRUST, INC – WHEREOF, the parties hereto have executed this Asset Management Advisory Agreement on the 30th day of December, 2004, to be effective as of the date first above written.
WELLS REIT:
WELLS REAL ESTATE INVESTMENT TRUST, INC .
By:
Leo F. Wells, III
President
WELLS OP:
WELLS OPERATING PARTNERSHIP, L.P.
By:
Wells Real Estate Investment Trust, Inc.
(As General Partner of Wells Operating
Partnership, L.P.)
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dt 1403727
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 Wells Capital
As referenced in this Asset Management Advisory Agreement:
Wells Capital, Inc – respective meanings set forth below for all purposes of this Agreement, and the definitions of such terms are equally applicable both to the singular and plural forms thereof:
Acquisition Advisor. Wells Capital, Inc ., a Georgia corporation, or any person or entity to which Wells Capital, Inc. or any successor advisor assigns or subcontracts substantially all of its functions.
Acquisition and Advisory Fees.
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Wells Capital, Inc – definitions of such terms are equally applicable both to the singular and plural forms thereof:
Acquisition Advisor. Wells Capital, Inc., a Georgia corporation, or any person or entity to which Wells Capital, Inc . or any successor advisor assigns or subcontracts substantially all of its functions.
Acquisition and Advisory Fees. Any and all fees and commissions, exclusive of Acquisition Expenses, paid by any
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dt 1380368
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