124-22 Agreement of Sale and Purchase - W Orange and W Orange Senior Housing - Urban Renewal Entity.pdf

To Seller: Township of West Orange 66 Main Street West Orange, New Jersey 07052 With a conforming copy sent in like manner to: Richard Trenk, Esq. Trenk Isabel Siddiqi & Shahdanian P.C. 290 W. Mount Pleasant Avenue Building 3, Suite 2350 Livingston, New Jersey 07039 Email: rtrenk@trenkisabel.law To Purchaser: Joseph Alpert West Orange Senior Housing, LLC 1 Parker Plaza Fort Lee, New Jersey 07024 With a conforming copy sent in like manner to: Steven G. Mlenak, Esq. Greenbaum, Rowe, Smith & Davis, LLP 75 Livingston Avenue Roseland, New Jersey 07068 A copy of any notice to the Seller and/or Purchaser shall also be mailed to the parties hereto at their addresses set forth at the head of this Agreement or other addresses as they may designate by written notice. All notices given hereunder shall be deemed effective on the business day following delivery to the overnight delivery service if sent by overnight delivery or three (3) business days after mailed, if sent by certified mail, as the case may be. Notices required or permitted to be given hereunder may be given by a party's attorneys. 6 7620524.3

IN WITNESS WHEREOF, the parties have duly executed this Agreement as of the day and year first above written. Seller Township of West Orange By: ______________________________ Name: Robert D. Parisi Title: Mayor Purchaser West Orange Senior Housing, LLC as Nominee for an Urban Renewal Entity to be formed By: ______________________________ Name: Joseph Alpert Title: Managing Member 7 7620524.3

EXHIBIT A LEGAL DESCRIPTION 7620524.3

EXHIBIT B SUBDIVISION PLANS 7620524.3