DocuSign Envelope ID: 9664C1F2-E049.424Di9BF8.324E5D1D9OCE

DocuSign Envelope ID: 9664C1F2-E049.424Di9BF8.324E5D1D9OCE C A I. I F 0 RN I A let ASSOCIATION COUNTER OFFER No. 4 For use by Seller or Buyer. May be used for Multiple Counter Offer. it OF It E A LTORS (C.A.R. Form CO, Revised 11/10) Date October 6, 2013 This is a counter offer to the:ci: California Residential Purchase Agreement, 0 Counter Offer No.. 0 Other ("Offer'), dated September 3 , 2013 . on property known as 16490 El Hi to Place Pacific Palisades, C4 90272 ("Property"), Thomas Nieman, Rosalind M. Nieman ("Buyer) and Barry Josephson ("Seller). 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.The Purchase Price shall be $4,500,000. 2.Buyers vesting to be Thomas Nieman 6 Rosalind N. Nieman or assignee 3.Paragraph 1D of the RPA shall be 30 days after Acceptance. 4.Offer is All Cash however Buyer may explore financing 6 Seller to cooperate if necessary between 5,The COP shall be eliminated D. The following attached addenda are incorporated into this Counter Offer: O Addendum No. 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 (ti) Seller's acceptance of another offer prior to Buyers 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 Briar Pecsolc , 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 0 October 7, 2013 (date), at 5 K AM 0 PM. This Counter Offer may be executed in counterparts. 4. n (If checked:) MULTIPLE COUNTER OFFER: Seller is making a Counter Offer(s) to another prospective buyer(s) on terms that may or may Fol 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 Ej (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 Property. NOTE TO SELLER: Sign and date in paragraph 5 to make this Counter Offer. dime s 5. OFFER: BUYER OR QS itt iRMAKFS THIS COUNTER OFFER ON THE TERIWileybittID ACKNOWLEDGES RECEIPT OF A COPY, ei--DocuSlan•cl by: Nukiain- Date N. ea Orti3 x leint I , Rosa Tt 6. AteeP2FAINCE106WE accept the above Counter Offer (If checked O SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowtedge receipt of a Copy. ‘-59702436CFE444E Date 10/6/2013 7. Date Date Time Time DAM OPM AM OPM MULTIPLE COUNTER OFFER SIGNATURE LINE: By Signing below, Seller accepts this Multiple Counter Offer. NOTE TO SELLER: Do NOT sign in this box until after Buyer signs in paragraph 6. (Paragraph 7 applies only if paragraph 4 is checked.) Date Time DAM DM Date Time DAM J' M 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 Buyers authorized agent as specified in paragraph 4) on (date) 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 laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof, h../ photocopy machine or any other means. including twain/a a computerized formats. Copyright 0 1986-2012-CALIFORNIA ASSOCIATION OF REALTORS®. INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS® (C A R ). 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 tam is available for use by the entire veal estate industry. It is not intended to identify the user as a REALTOR®. REALTOR® is s registered collective membeiship Mari( VINCI) may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics. 1 Pubished and Disrbuted by. REAL ESTATE BUSINESS SERVICES, a subsdary of At Calbmia Asnxita, of REAL T0R,%) 525 Sou® Vigil Aymue, los Angeles. Calfornia 90020 CO REVISED 11/10 (PAGE 1 OF 1) Reviewed by Dale Pub 'vac of figiugrif COUNTER OFFER (CO PAGE 1 OF 1) Agent: Briar Pecsok Phone Fax: Prepared using zipForm® software Broker: Partners Trust: Real Estate Brokerage & Acquisitions 11726 San Vicente Blvd Ste 350 Los Angeles, CA 90049 EFTA01108347 DoteSign Envelope la 9664C I F2-E049-424D.98FB.324E5D I 090CE DocuSign Envelope ID: 76E5E003-1490436F-969C-74348F08F9AC 0 N I A Igh ASSOCIATION COUNTER OFFER No. 3 Nalk For use by Seller or Buyer. May be used for Multiple Counter Offer. filfor OF REA LTORS (C.A.R. Form CO, Revised 11/10) Date September 30, 20I3 This is a counter offer to the: O California Residential Purchase Agreement, Counter Offer No,. 2 O Other (*Offer), dated September 25, 2013 .ori properly known as 16490 El Hito Place Pacific Palisades, ('Properly), Thomas Nieman, Rosalind M Nieman ("Buyer) and ("Seller). between Harry Josephson 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: 2. Purchase price to be $4,700,000 (Four Million Seven Hundred Thousand) D. O The following attached addenda are Incorporated into this Counter Offen K Addendum No. 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 deserted in paragraph 3 and (ii) Seller's acceptance of another offer prior 10 Buyer's Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer that De deemed revoked and the deposits, if any. shall be returned unless this Counter Offer is signet 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 It, by 5:00 PM on the dull Day After the later date specified In paragraph 5 or. (if checked) by O U Am O Pm. Thls Counter Offer may be executed in Counterparts. n (If checked:) MULTIPLE COUNTER OFFER: Seller is making a Counter ()frogs) to another prospective buyer(s) on terms that may or may tna be the same as in this Counter Offer. Acceptance of this Counter Offer by Buyer shall not be binding unless and until it is subsequendy re-Signed by Softer in paragraph 7 bebw 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 O PM. Prior to the completion of all of these events. Buyer and Stier shall have no duties or obligations for the purchase or 5. OFFER: BUYER ISR S IJER MAKES THIS COUNTER OFFER ON THE TERmst isvAtw9 ACKNOWLEDGES RECEIPT OF A COPY. sale of the ProperILNOTE TO SELLER: Si n and date In am ra 5 to make this Counter Offer. [A: WM. Date Barry Jos Nultrall COW 4N. 6. ACCEPTANCE: Iliffew9W0WMPattevo Counter Offer (If the dXSI,JECT TO 7NE ATTACHED COUNTER OFFER) and acknowledge red, at IthIM0S ft4,41141.. 10/6/2013 Time K AM 0 PM 77~. • a •— 10/6/2013 60702436CFErsetE Date Time OAM O1, ),I 7. a ML) FreliatIFFER SIGNATURE UNE: By signing below, Seller accepts this Multiple Counter Offer. NOTE TO SELLER: Do NOT sign in this box until after Buyer signs In paragraph 6. (Paragraph 7 applies only if paragraph 4 is chocked.) Date Time DAM op. • wawa Date Time DAM OPM 8. r (Initals) Confirmation of Acceptance: A Copy of Scaled Acceplance 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 spedfied In paragraph 4) on (dale) at O AM 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 copyrigN taws or no tinted States (Title IT U.S. Code)lomid the unauthorised reproduction of this form. or any portion thereof. py photocopy mach ne N anYODNY means. including facsimile or commented formats. Copyright 019011-2012. CAUFORNIA ASSOCIATION OF REALTORS®, NC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALFORNA ASSOCIATION OF REALTORS® (CAR.). NO REPRESENTATION IS RADE AS TO 7HE 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 OE SIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. This form is ava table for use by the entire real estate industry. It Is not intended to Penury the user as a REALTOR®. REALTOR® Is a registered collet*. membership mark which nay be used orly Cy Members of the NATIONAL ASSOCIATION OF REALTORS® who subscrte lo its Code of Ethics. O i Fitishcia we Cumbitid by . REAL ESTATE PLISINESS SERVICES. INC. • subletkiry an ERAvnif AtIedifilt of PEAL TORS& . 525 Soot Weil Annie. Us Moles, Came 90010 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Reviewed by Dore lout 444•4 tweitairl Agent: Robert Radcliffe Phone: 310.265.5454 Fax: 310.255.5455 Broker: Sotheby's International Realty 15308 W Sunset Blvd Pacific Palisades . CA 90272 Prepared using Worn* software EFTA01108348