LXP Industrial Trust (LXP) 8-K Lexington Realty Trust Announces Public Offering of Common Shares

Exhibit 1.5

SUPPLEMENTAL CONFIRMATION

To: Lexington Realty Trust
One Penn Plaza, Suite 4015
New York, New York, 10019-4015

From: Wells Fargo Bank, National Association (“Dealer”)
30 Hudson Yards
New York, NY 10001-2170
Email: CorporateDerivativeNotifications@wellsfargo.com

Re: Registered Forward Transaction

Ladies and Gentlemen:

The purpose of this Supplemental Confirmation is to confirm the terms and conditions of the Registered Forward Transaction entered into between Wells Fargo Bank, National Association (“Dealer”) and Lexington Realty Trust (“Counterparty”) on the Trade Date specified below. This Supplemental Confirmation is a binding contract between Dealer and Counterparty as of the relevant Trade Date for each Transaction referenced below.

1.       This Supplemental Confirmation supplements, forms part of, and is subject to the Master Confirmation between Dealer and Counterparty dated as of May 10, 2021 (the “Master Confirmation”), as amended and supplemented from time to time. All provisions contained in the Master Confirmation govern this Supplemental Confirmation except as expressly modified below.

2.       The terms of each Transaction to which this Supplemental Confirmation relates are as follows:

Spread:	0.75%
Initial Stock Loan Rate:	50 basis points per annum
Maximum Stock Loan Rate:	200 basis points per annum
Forward Price Reduction Dates:	As specified on Schedule I hereto
Forward Price Reduction Amounts:	As specified on Schedule I hereto

Counterparty hereby agrees (a) to check this Supplemental Confirmation carefully and immediately upon receipt so that errors or discrepancies can be promptly identified and rectified and (b) to confirm that the foregoing (in the exact form provided by Dealer) correctly sets forth the terms of the agreement between Dealer and Counterparty hereunder, by manually signing this Supplemental Confirmation or this page hereof as evidence of agreement to such terms and providing the other information requested herein and immediately returning an executed copy to us.

		Yours faithfully,
		WELLS FARGO BANK, NATIONAL ASSOCIATION
		By:	/s/ Thomas Yates
			Name: Thomas Yates
			Title:   Managing Director
Agreed and accepted by:
LEXINGTON REALTY TRUST
By:	/s/ Joseph S. Bonventre
	Name: Joseph S. Bonventre
	Title:   Executive Vice President

SCHEDULE I

FORWARD PRICE REDUCTION DATES AND AMOUNTS

Forward Price Reduction Date	Forward Price Reduction Amount
Trade Date	USD 0.000
[*]	USD [*]
[*]	USD [*]
[*]	USD [*]
[*]	USD [*]
[*]	USD [*]