Lease and the Membership Interests for Sale

Sale of right, title and interest in and to the Seller’s interest in the Lease for the Units and the Membership Interests appurtenant to the Lease, and the Seller’s interest in any Fixtures situated in the Units.

The Seller’s (i) holds interests as a tenant in that certain Proprietary Lease, dated as of July 2, 2003, by and between the Association, as landlord, and Alphas, as tenant (the “Lease”) for (a) the commercial units identified as units 223, 224, and 225 at the Hunts Point Market (the “Store Units”), and (b) office units identified as office units 222A, 223A, 224A, and 225A at the Hunts Point Market (the “Office Units,” and together with the Store Units, collectively, the “Units”); (ii) possesses all of the rights and interests of a member in the Association appurtenant to the Lease (the “Membership Interests”); and (iii) owns the fixtures situated in the Units (the “Fixtures”) to the extent any such Fixtures exist.