DocuSign Envelope ID: 76E5E0B3-1490-436F-969C-74346F08F9AC

DocuSign Envelope ID: 76E5E0B3-1490-436F-969C-74346F08F9AC CALIFORNIA COUNTER OFFER No. 3 ASSOC I AT I ON _ For use by Seller or Buyer. May be used for Multiple Counter Offer. OF REA LTO (C.A.R. Form CO, Revised 11/10) 4 t Date September 30, 2013 This is a counter offer to the: ID California Residential Purchase Agreement. Ej Counter Offer No., 2 K Other ("Offer), dated September 25, 2013 on property known as 16490 El Hito Place Pacific Palisades, ("Property). between (-Buyer') and Thomas Nieman, Rosalind 14 Nieman Barry Josephson ('See). 1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require initials by all parties, but are not initialed by all parties, are excluded from the final agreement unless specifically referenced for inclusion in paragraph 1C of this or another Counter Offer. B. Unless otherwise agreed In writing, down payment and loan amount(s) will be adjusted in the same proportion as In the original Offer. C. OTHER TERMS: 1. Purchase price to be $4,700,000 (Four Million Seven Hundred Thousand) D. The following attached addenda are incorporated into this Counter Offer: K Addendum No. O O 2. RIGHT TO ACCEPT OTHER OFFERS: if this is a Seller Counter Offer. (i) Seller has the right to continue to offer the Property for sale or for another transaction, and to accept any other offer at any time prior to Acceptance, as described in paragraph 3 and (Ii) Seller's acceptance of another offer prior to Buyer's Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer shall be deemed revoked and the deposits, if any, shall be returned unless this Counter Offer is signed by the Buyer or Seller to whom it is sent and a Copy of the signed Counter Offer is personally received by the person making this Counter Offer or by , who is authorized to receive (date), at 4. t. by 5:00 PM on the Ott, Day Aflr the later date specified in paragraph 5 or, (if checked) by O AM U PM. This Counter Olfer may be executed in counterparts. n (If checked:) MULTIPLE COUNTER OFFER: Seller is making a Counter Offer(s) to another prospective buyer(s) on terms that may or may 751 be the same as in this Counter Offer. Acceptance of this Counter Offer by Buyer shall not be binding unless and until it Is subsequently re-Signed by Seller In paragraph 7 below and a Copy of the Counter Offer Signed in paragraph 7 is personally received by Buyer or by , who is authorized to receive it. by 5:00 PM on the third Day After the later date specified in paragraph 5 or, (if checked) by O (date). at O AM OPM. Prior to the completion of all of these events. Buyer and Seller shall have no duties or obligations for the purchase or sale of the Propertg NOTE TO SELLER: Sign and date In paragraph 5 to make this Counter Offer. 5. OFFER: BUYER OR " Barry Jos onzarassacaccire. lsos 1,ER MAKES THIS COUNTER OFFER 0 Da Nte THE TERMS #035H9 ACKNOWLEDGES RECEIPT OF A COPY. w Date 6. ACCEPTANCE: UWE accept the above Counter Offer (If checked 0 SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy. Date Time zit S Time O 1:1:AcCI PM Date 7. limas X mean Rosalind M Nan MULTIPLE COUNTER OFFER SIGNATURE LINE: NOTE TO SELLER: Do NOT sign in this box until By signing below, Seller accepts this Multiple Counter Offer. atter Buyer signs in paragraph 8. (Paragraph 7 applies only If paragraph 4 is checked.) Date Time DAM am Date Time DAM DM 8. )(initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by the maker of the Counter Offer, or that person's authorized agent as specified in paragraph 3 (or, if this is a Multiple Counter Offer, the Buyer or Buyer's authorized agent as specified in paragraph 4) on (dale) at DAM O PM. A binding Agreement is created when a Copy of Signed Acceptance is personally received by the the maker of the Counter Offer, or that person's authorized agent (or, if this Is a Multiple Counter Offer, the Buyer or Buyer's authorized agent) whether or not confirmed In this document. Completion of this confirmation Is not legally required in order to create a binding Agreement; it is solely intended to evidence the date that Acceptance has occurred. The copyright taws of the United Stales (TWo 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereat, by photocopy machine or any other means, including facsimile or computerized formats. Copyright Cr 19802012, CALIFORNLA ASSOCIATION OF REALTORS® INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS® (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. This form is available for use by tho ontire real ostate industry. It is not intended to identify the user as a REALTOR®. REALTOR® is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to Its Code of Ethics. i l l Pubtsbed and Otiouled by REAL ESTATE euStEsS SERVICES. INC. a subskfary of Me CaVomeo Asicetabon &REALTORS. . 525 South Yogi Aunt°, tekt Angeles. Caitgnii 90020 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Reviewed by Date OC ihIE Mel • Agent: Robert Radcliffe Phone: Fax: 310.255.5455 Prepared using zipForrrili software Broker: Sotheby's International Realty 15308 W Sunset Blvd Pacific Palisades , CA 90272 EFTA01108346