Exhibit – 10.8
REIMBURSEMENT AGREEMENT
THIS REIMBURSEMENT AGREEMENT (this “Agreement”) is entered into on this 3rd day of October, 2023, by and between Agree Realty Corporation, a Maryland corporation (the “REIT”) and Richard Agree (“Richard”), but provided that it shall be effective on January 1, 2023 pursuant to Section 761(c) of the tax code.
RECITALS:
AGREEMENT:
NOW, THEREFORE, for good and valuable consideration, the parties agree as follows:
IN WITNESS WHEREOF, the parties have executed this Reimbursement Agreement on the date first set above.
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/s/ Richard Agree |
Richard Agree
Agree Realty Corporation, a Maryland
corporation
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By: /s/ Joey Agree |
Joey Agree, President and CEO