APOLLO REALTY INCOME SOLUTIONS, INC.
RESTRICTED STOCK GRANT AND AGREEMENT
This Restricted Stock Grant and Agreement (this "Agreement"), is made effective as of the date set forth on the Company signature page (the "Signature Page") attached hereto, by and between Apollo Realty Income Solutions, Inc., a Maryland corporation (together with its successors and assigns, the "Company") and the participant identified on the Signature Page ("Participant").
R E C I T A L S:
WHEREAS, the Company has adopted the Apollo Realty Income Solutions, Inc. 2022 Equity Incentive Plan (as it may be amended, the "Plan"), the terms of which Plan are incorporated herein by reference and made a part of this Agreement, and capitalized terms not otherwise defined herein shall have the same meaning as in the Plan; and
WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant the Restricted Stock provided for herein to Participant pursuant to the Plan and the terms set forth herein.
NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, the parties hereto agree as follows:
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[Signature Pages Follow]
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IN WITNESS WHEREOF, Participant acknowledges and accepts the terms of this Agreement which shall be effective as of the date set forth below and countersignature by the Company.
Participant
By:
Name:
Title:
Dated:
Acknowledged and confirmed:
APOLLO REALTY INCOME SOLUTIONS, INC.
By:
Name:
Title:
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EXHIBIT A
ELECTION TO INCLUDE SHARES IN GROSS
INCOME PURSUANT TO SECTION 83(b) OF THE
INTERNAL REVENUE CODE
The undersigned acquired shares of common stock (the "Shares") of Apollo Realty Income Solutions, Inc. (the "Company") on [______] (the "Transfer Date").
The undersigned desires to make an election to have the Shares taxed under the provision of Section 83(b) of the Internal Revenue Code of 1986, as amended ("Code §83(b)"), at the time the undersigned acquired the Shares.
Therefore, pursuant to Code §83(b) and Treasury Regulation §1.83-2 promulgated thereunder, the undersigned hereby makes an election, with respect to the Shares (described below), to report as taxable income for calendar year 2023 the excess, if any, of the Shares' fair market value on the Transfer Date over the acquisition price thereof.
The following information is supplied in accordance with Treasury Regulation §1.83-2(e):
1. The name, address and social security number of the undersigned:
Name: |
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Address: |
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SSN: | ________-_____-________ |
2. A description of the property with respect to which the election is being made: [________] Class E Shares.
3. The date on which the property was transferred: the Transfer Date. The taxable year for which such election is made: calendar year 2023.
4. The restrictions to which the property is subject: The Shares are subject to time based vesting conditions. If the undersigned ceases to be engaged by the Company or any of its affiliate under certain circumstances, all or a portion of the Shares may be subject to forfeiture. The Shares are also subject to transfer restrictions.
5. The aggregate fair market value on the Transfer Date of the property with respect to which the election is being made, determined without regard to any lapse restrictions: $[________].
6. The aggregate amount paid for such property: $[________].
A copy of this election has been furnished to the Corporate Secretary of the Company pursuant to Treasury Regulations §1.83-2(e)(7).
Dated: __________, 2023
By:
Name:
Title:
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