<SEC-DOCUMENT>0001104659-20-108312.txt : 20201026
<SEC-HEADER>0001104659-20-108312.hdr.sgml : 20201026
<ACCEPTANCE-DATETIME>20200924161530
ACCESSION NUMBER:		0001104659-20-108312
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		11
CONFORMED PERIOD OF REPORT:	20200923
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200924
DATE AS OF CHANGE:		20200924

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REALTY INCOME CORP
		CENTRAL INDEX KEY:			0000726728
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330580106
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13374
		FILM NUMBER:		201195445

	BUSINESS ADDRESS:	
		STREET 1:		11995 EL CAMINO REAL
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
		BUSINESS PHONE:		8582845000

	MAIL ADDRESS:	
		STREET 1:		11995 EL CAMINO REAL
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92130
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2031354d4_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:us-roles="http://fasb.org/us-roles/2020-01-31" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:o="http://realtyincome.com/20200923">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" />
</head>
<!-- Field: Set; Name: xdx; ID: xdx_029_US%2DGAAP%2D2020 -->
<!-- Field: Set; Name: xdx; ID: xdx_035_o_realtyincome.com_20200923 -->
<!-- Field: Set; Name: xdx; ID: xdx_046_20200923_20200923 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DEntityCentralIndexKey_0000726728 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
  <ix:hidden>
    <ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityCentralIndexKey">0000726728</ix:nonNumeric>
    <ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:AmendmentFlag">false</ix:nonNumeric>
    </ix:hidden>
  <ix:references>
    <link:schemaRef xlink:href="o-20200923.xsd" xlink:type="simple" />
    </ix:references>
  <ix:resources>
    <xbrli:context id="From2020-09-23to2020-09-23">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000726728</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-09-23</xbrli:startDate>
        <xbrli:endDate>2020-09-23</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    </ix:resources>
  </ix:header>
</div>


<p style="margin: 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 12pt; margin-bottom: 3pt; width: 100%"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="margin-top: 0pt; margin-bottom: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>United States</b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Securities and Exchange Commission</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Form <span id="xdx_908_edei--DocumentType_c20200923__20200923_zh0uVxfBjZHb"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Current Report</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Pursuant to Section 13 or 15(d) of the<br /> Securities Exchange Act of 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of report: <b><span id="xdx_90F_edei--DocumentPeriodEndDate_c20200923__20200923_znAw654e9p0g"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">September
23, 2020</ix:nonNumeric></span><br /> </b>(Date of Earliest Event Reported)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_90F_edei--EntityRegistrantName_c20200923__20200923_zLIzNwwTD9Ch"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityRegistrantName">REALTY INCOME CORPORATION</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table border="0" cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 32%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b><span id="xdx_90A_edei--EntityIncorporationStateCountryCode_c20200923__20200923_zMyPHEk0YNN"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">Maryland</ix:nonNumeric></span></b></span></td>
    <td style="vertical-align: bottom; width: 2%">&#160;</td>
    <td style="vertical-align: top; width: 32%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b><span id="xdx_907_edei--EntityFileNumber_c20200923__20200923_zrZq7Tx3xjTi"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityFileNumber">1-13374</ix:nonNumeric></span></b></span></td>
    <td style="vertical-align: bottom; width: 2%">&#160;</td>
    <td style="vertical-align: top; width: 32%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b><span id="xdx_900_edei--EntityTaxIdentificationNumber_c20200923__20200923_zrLe6bZ0Ym1d"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityTaxIdentificationNumber">33-0580106</ix:nonNumeric></span></b></span></td></tr>
<tr>
    <td style="vertical-align: top; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">(State or Other Jurisdiction of<br /> Incorporation or Organization)</span></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: top; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">(Commission File Number)</span></td>
    <td style="vertical-align: bottom">&#160;</td>
    <td style="vertical-align: top; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">(IRS Employer Identification No.)</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-size: 10pt"><b><span id="xdx_90C_edei--EntityAddressAddressLine1_c20200923__20200923_zHl4oSliW1Nf"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityAddressAddressLine1">11995 El Camino Real</ix:nonNumeric></span>, <span id="xdx_901_edei--EntityAddressCityOrTown_c20200923__20200923_zaVNg02UoVv9"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityAddressCityOrTown">San Diego</ix:nonNumeric></span>, <span id="xdx_900_edei--EntityAddressStateOrProvince_c20200923__20200923_z1xiQ7iRwXak"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">California</ix:nonNumeric></span> <span id="xdx_900_edei--EntityAddressPostalZipCode_c20200923__20200923_zaN5Y1zA1Js6"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:EntityAddressPostalZipCode">92130</ix:nonNumeric></span><br />
</b>(Address of principal executive offices)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-size: 10pt"><b>(<span id="xdx_906_edei--CityAreaCode_c20200923__20200923_zvITpWVIKLu6"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:CityAreaCode">858</ix:nonNumeric></span>) <span id="xdx_902_edei--LocalPhoneNumber_c20200923__20200923_zV19Eb3wLoQ5"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:LocalPhoneNumber">284-5000</ix:nonNumeric></span><br />
</b></span>(Registrant&#8217;s telephone number, including area code)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-size: 10pt"><b>N/A<br />
</b></span>(former name or former address, if changed since last report)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form&#160;8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Wingdings"><span id="xdx_907_edei--WrittenCommunications_c20200923__20200923_zf0ttQ31nwB3"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span> Written communications pursuant to Rule&#160;425 under the
Securities Act (17 CFR 230.425)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Wingdings"><span id="xdx_904_edei--SolicitingMaterial_c20200923__20200923_zpqLeScuthv4"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span> Soliciting material pursuant to Rule&#160;14a-12 under the
Exchange Act (17 CFR 240.14a-12)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Wingdings"><span id="xdx_90D_edei--PreCommencementTenderOffer_c20200923__20200923_zGutugzzzECh"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span> Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under
the Exchange Act (17 CFR 240.14d-2(b))</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Wingdings"><span id="xdx_900_edei--PreCommencementIssuerTenderOffer_c20200923__20200923_zgIrB542xzz3"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span> Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under
the Exchange Act (17 CFR 240.13e-4(c))</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section&#160;12(b)&#160;of
the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-image: none; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; border-image: none; width: 33%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">Title of each class</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; border-image: none; width: 34%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">Trading symbol</span></td>
    <td style="border-bottom: Black 1pt solid; vertical-align: bottom; border-image: none; width: 33%; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">Name of Each Exchange On Which<br /> Registered</span></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: Black 1pt solid; border-image: none; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_908_edei--Security12bTitle_c20200923__20200923_zTG8VcuoYbI5"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:Security12bTitle">Common Stock, $0.01 Par Value</ix:nonNumeric></span></span></td>
    <td style="border-bottom: Black 1pt solid; border-image: none; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_90C_edei--TradingSymbol_c20200923__20200923_zQbaosAUdUFf"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" name="dei:TradingSymbol">O</ix:nonNumeric></span></span></td>
    <td style="border-bottom: Black 1pt solid; border-image: none; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><span id="xdx_905_edei--SecurityExchangeName_c20200923__20200923_zTFgGqRXn2t9"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric></span></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule&#160;405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule&#160;12b-2 of
the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Emerging growth company <span style="font-family: Wingdings"><span id="xdx_909_edei--EntityEmergingGrowthCompany_c20200923__20200923_zPraS9l0q08f"><ix:nonNumeric contextRef="From2020-09-23to2020-09-23" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section&#160;13(a)&#160;of the Exchange Act. <span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 3pt; margin-bottom: 12pt; width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="text-align: left; margin-top: 0pt; margin-bottom: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif"><b>Item
8.01 Other Events</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><span style="font: 10pt Times New Roman, Times, Serif">On
September&#160;23, 2020, Realty Income Corporation (the &#8220;Company&#8221;) entered into a purchase agreement with Barclays
Bank PLC, Credit Suisse Securities (Europe) Limited and Goldman Sachs&#160;&amp; Co. LLC, as representatives (the &#8220;Representatives&#8221;)
of the underwriters listed therein (the &#8220;Underwriters&#8221;), pursuant to which the Company agreed to sell &#163;400,000,000
aggregate principal amount of its 1.625% Notes due 2030. The offering is anticipated to close on October&#160;1, 2020 subject
to the satisfaction of customary closing conditions.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif"><b>Item
9.01 Financial Statements and Exhibits</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">(d)&#160;Exhibits</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt; width: 7%; text-align: center"><a href="tm2031354d4_ex1-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">1.1</span></a></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt; width: 1%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt; width: 92%"><a href="tm2031354d4_ex1-1.htm"><span style="font: 10pt Times New Roman, Times, Serif">Purchase
    Agreement, dated September&#160;23, 2020 between the Representatives of the Underwriters and the Company.</span></a></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif">104</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; padding: 0.25pt"><span style="font: 10pt Times New Roman, Times, Serif">Cover
    Page&#160;Interactive Data File (formatted as inline XBRL and contained in Exhibit&#160;101)</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>SIGNATURE</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><span style="font: 10pt Times New Roman, Times, Serif">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">Dated:
    September&#160;24, 2020</span></td>
    <td colspan="2" style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">REALTY
    INCOME CORPORATION</span></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif; width: 50%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 4%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif; width: 46%"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">By:</span></td>
    <td style="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">/s/
    MICHAEL R. PFEIFFER</span></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">Michael
    R. Pfeiffer</span></td></tr>
<tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></td>
    <td style="font: 10pt Times New Roman, Times, Serif"><span style="font: 10pt Times New Roman, Times, Serif">Executive
    Vice President, Chief Administrative Officer, General Counsel and Secretary</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font: 10pt Times New Roman, Times, Serif">&#160;</span></p>



</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjV0KwjAQhE/QOyx5Lpr6A9o3LVrEKlJEfI3tKsE2Wzbx70je0tgiLgvLMvPNCBGKlJa6QobjPM9gj3VTKYeQ4xkZTYHekazWMfib40Vbx8q49v2BCXkGPTPuyVPhhdZ61xbLGOSkL6N+NAU5jEdTmG1E8NUTMmddonFaVaBMCTumhjU6xa8uYa+eZKh+tVUHZKvJxBD1ZCe/YSCjAWzprh7EVwtZloggbCcQKdOt+dbcrKMaFhXWvst26H+DDzX1SXQ= -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>tm2031354d4_ex1-1.htm
<DESCRIPTION>EXHIBIT 1.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 1.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Execution Version</I></B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&pound;400,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REALTY INCOME CORPORATION<BR>
(a Maryland Corporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.625% Notes due
2030</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PURCHASE AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">September&nbsp;23, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Table of Contents</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>Page</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;1.</FONT></TD>
    <TD STYLE="width: 80%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Representations and Warranties</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">3</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;2.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Sale and Delivery to the Underwriters; Closing</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">19</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;3.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Covenants of the Company</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">20</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;4.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Payment of Expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">24</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;5.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Conditions of Underwriters&rsquo; Obligations</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;6.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Indemnification</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">28</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;7.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Contribution</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">30</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;8.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Representations, Warranties and Agreements to Survive Delivery</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">31</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;9.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Termination of Agreement</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">31</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;10.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Default by One or More of the Underwriters</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">32</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;11.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Notices</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">32</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;12.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">33</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;13.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Recognition of the U.S. Special Resolution Regimes</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">33</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;14.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Contractual Recognition of Bail-In</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">34</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;15.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">ICMA Agreement Among Managers</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">35</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;16.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Stabilizing Manager</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">35</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;17.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Product Governance Rules</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">36</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;18.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Judgment Currency</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">36</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;19.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">No Advisory or Fiduciary Responsibility; Tax Disclosure</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">37</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;20.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Integration</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">37</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;21.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">GOVERNING LAW AND TIME</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">37</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;22.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Waiver of Jury Trial</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">37</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">SECTION&nbsp;23.</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt; text-transform: uppercase">Effect of Headings and Table of Contents; Counterparts</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt; text-transform: uppercase">38</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="text-align: center; width: 34%"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>Page</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%"><FONT STYLE="font-size: 10pt">Schedule&nbsp;A</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD STYLE="width: 78%"><FONT STYLE="font-size: 10pt">List of Underwriters</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; text-align: right"><FONT STYLE="font-size: 10pt">Sch A-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule&nbsp;B</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Pricing Schedule</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">Sch B-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule C</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Pricing Term Sheet</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">Sch C-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Schedule D</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Issuer General Use Free Writing Prospectuses</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">Sch D-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit&nbsp;A</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form&nbsp;of Opinion of Latham&nbsp;&amp; Watkins&nbsp;LLP</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">A-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit&nbsp;B</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form&nbsp;of Opinion of Michael R. Pfeiffer</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">B-1</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Exhibit&nbsp;C</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&ndash;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Form&nbsp;of Opinion of Venable&nbsp;LLP</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">C-1</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="text-align: center; width: 34%"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence -->&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&pound;400,000,000</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">REALTY INCOME CORPORATION<BR>
(a Maryland corporation)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.625% Notes due 2030</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>PURCHASE AGREEMENT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">September&nbsp;23, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Barclays Bank PLC<BR>
5 The North Colonnade<BR>
Canary Wharf</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">London E14 4BB</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United Kingdom</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Credit Suisse Securities (Europe) Limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">One Cabot Square</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">London E14 4QJ</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">United Kingdom</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">Goldman Sachs&nbsp;&amp;
Co. LLC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">200 West Street</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: white">New York, New York 10282</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As Representatives of the several Underwriters</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">listed in the signature pages&nbsp;hereto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and named in Schedule A hereto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Realty Income Corporation, a Maryland corporation (the
 &#8220;Company&#8221;), confirms its agreement with the underwriters listed in the signature pages&nbsp;hereto and named in
Schedule&nbsp;A hereto (the &#8220;Underwriters&#8221; which term shall also include any underwriter substituted as
hereinafter provided in Section&nbsp;10 hereof), for whom Barclays Bank PLC (&#8220;Barclays&#8221;), Credit Suisse
Securities (Europe) Limited (&#8220;Credit Suisse&#8221;) and Goldman Sachs&nbsp;&amp; Co. LLC (&#8220;Goldman&#8221;) are
acting as representatives (Barclays, Credit Suisse and Goldman, in such capacities, the &#8220;Representatives&#8221;), with
respect to the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of
 &pound;400,000,000 aggregate principal amount of the Company&#8217;s 1.625% Notes due 2030 (the &#8220;Securities&#8221;).
The Securities are to be issued pursuant to an indenture dated as of October&nbsp;28, 1998 (the &#8220;Indenture&#8221;)
between the Company and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the &#8220;Trustee&#8221;) to
The Bank of New York, the original trustee (the &#8220;Original Trustee&#8221;). In connection with the issuance of the
Securities, the Company will enter into a Paying Agency Agreement (the &#8220;Agency Agreement&#8221;), to be dated as of
October&nbsp;1, 2020, between the Company and The Bank of New York Mellon, London Branch (&#8220;BNY London&#8221;), as a
paying agent for the Securities (in such capacity, the &#8220;Agent&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company understands that the Underwriters
propose to make a public offering of the Securities as soon as the Representatives deem advisable after this Agreement has been
executed and delivered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company has filed with the
Securities and Exchange Commission (the &#8220;Commission&#8221;) an automatic shelf registration statement on
Form&nbsp;S&#45;3 (No.&nbsp;333-228157) (the &#8220;Current Registration Statement&#8221;) for the registration of shares of
its common stock, par value $0.01 per share (the &#8220;Common Stock&#8221;), shares of its preferred stock, par value $0.01
per share (the &#8220;Preferred Stock&#8221;), its debt securities (including the Securities), depositary shares representing
fractional interests in shares of Preferred Stock, and warrants to purchase its debt securities, Common Stock, Preferred
Stock or depositary shares under the Securities Act of 1933, as amended (the &#8220;1933 Act&#8221;), including the related
preliminary prospectus or prospectuses. Promptly after execution and delivery of this Agreement, the Company will prepare and
file a final prospectus supplement and the Base Prospectus (as hereinafter defined) in accordance with the provisions of
Rule&nbsp;430B (&#8220;Rule&nbsp;430B&#8221;) of the rules&nbsp;and regulations of the Commission under the 1933 Act (the
 &#8220;1933 Act Regulations&#8221;) and paragraph&nbsp;(b)&nbsp;of Rule&nbsp;424 (&#8220;Rule&nbsp;424(b)&#8221;) of the 1933
Act Regulations. Any information included in such final prospectus supplement or the Base Prospectus that was omitted from
the Current Registration Statement at the time it became effective but that is deemed to be part of and included in the
Current Registration Statement pursuant to paragraph&nbsp;(f)&nbsp;of Rule&nbsp;430B under the 1933 Act Regulations is
referred to as the &#8220;Rule&nbsp;430B Information.&#8221; Each prospectus, together with the related prospectus
supplement, relating to the Securities that omitted the Rule&nbsp;430B Information or that was captioned &#8220;Subject to
Completion&#8221; or &#8220;Preliminary&#8221; (or a similar caption) that was used after the date on which the Current
Registration Statement first became effective and prior to the execution and delivery of this Agreement is herein called,
together with the documents incorporated or deemed to be incorporated by reference therein pursuant to Item&nbsp;12 of
Form&nbsp;S&#45;3 under the 1933 Act, a &#8220;preliminary prospectus&#8221; and all references herein to any
 &#8220;preliminary prospectus&#8221; shall be deemed to include the Statutory Prospectus (as hereinafter defined). The
Current Registration Statement, at any given time, including the amendments thereto at such time, the exhibits and any
schedules thereto at such time, if any, and documents incorporated and deemed to be incorporated by reference therein
pursuant to Item&nbsp;12 of Form&nbsp;S&#45;3 under the 1933 Act at such time, and the documents and information (including,
without limitation, any 430B Information) otherwise deemed to be a part thereof or included therein by the 1933 Act
Regulations at such time, are hereinafter called, collectively, the &#8220;Registration Statement.&#8221; The prospectus
dated November&nbsp;5, 2018 (the &#8220;Base Prospectus&#8221;) and the final prospectus supplement relating to the offering
of the Securities, including the documents incorporated and deemed to be incorporated by reference therein pursuant to Item
12 of Form&nbsp;S&#45;3 under the 1933 Act, in the form first furnished (electronically or otherwise) to the Underwriters for
use in connection with the offering of the Securities (whether to meet the requests of purchasers pursuant to Rule&nbsp;173
under the 1933 Act Regulations or otherwise) or, if not furnished to the Underwriters, in the form first filed by the Company
pursuant to Rule&nbsp;424(b), are herein called, collectively, the &#8220;Prospectus.&#8221; For purposes of this Agreement,
all references to the Registration Statement, any preliminary prospectus, the Statutory Prospectus, the Prospectus or any
Issuer Free Writing Prospectus (as hereinafter defined) or any amendment or supplement to any of the foregoing shall be
deemed to include any copy filed with the Commission pursuant to its Electronic Data Gathering, Analysis and Retrieval system
(&#8220;EDGAR&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 5; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All references in this Agreement to financial
statements and schedules and other information which is &#8220;described,&#8221; &#8220;disclosed,&#8221; &#8220;contained,&#8221;
 &#8220;included,&#8221; &#8220;made,&#8221; &#8220;stated&#8221; or &#8220;referred to&#8221; in the Registration Statement, any
preliminary prospectus, the Statutory Prospectus or the Prospectus (or other references of like import) shall be deemed to mean
and include all such financial statements and schedules and other information which is incorporated or deemed to be incorporated
by reference in, or otherwise deemed by the 1933 Act Regulations (including, without limitation, Rule&nbsp;430B(f)&nbsp;of the
1933 Act Regulations) to be a part of or included in, the Registration Statement, such preliminary prospectus, the Statutory Prospectus
or the Prospectus, as the case may be; and all references in this Agreement to amendments or supplements to the Registration Statement,
any preliminary prospectus, the Statutory Prospectus or the Prospectus shall be deemed to mean and include the filing of any document
under the Securities Exchange Act of 1934, as amended (the &#8220;1934 Act&#8221;) or the rules&nbsp;and regulations promulgated
thereunder (the &#8220;1934 Act Regulations&#8221;), which is incorporated or deemed to be incorporated by reference in the Registration
Statement, such preliminary prospectus, the Statutory Prospectus or the Prospectus, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All references in this Agreement to properties
or improvements &#8220;owned by&#8221; or &#8220;of&#8221; the Company or any of its subsidiaries shall be deemed to mean and include
all properties and improvements which are leased by the Company or any of its subsidiaries, as lessee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;1. <U>Representations and Warranties</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Representations
and Warranties by the Company</I>. The Company represents and warrants to each Underwriter as of the date hereof, as of the Applicable
Time referred to in Section&nbsp;1(a)(i)&nbsp;hereof, and as of the Closing Time referred to in Section&nbsp;2(b)&nbsp;hereof,
and agrees with each Underwriter, as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Compliance
with Registration Requirements</U>. (A)&nbsp;At the time that the Registration Statement was originally filed, (B)&nbsp;at
the time of the most recent amendment thereto for the purposes of complying with Section&nbsp;10(a)(3)&nbsp;of the 1933 Act
(whether such amendment was by post-effective amendment, incorporated report filed pursuant to Section&nbsp;13 or
15(d)&nbsp;of the 1934 Act or form of prospectus), (C)&nbsp;at the time the Company or any person acting on its behalf
(within the meaning, for this clause only, of Rule&nbsp;163(c)&nbsp;of the 1933 Act Regulations) made any offer relating to
the Securities in reliance on the exemption of Rule&nbsp;163 of the 1933 Act Regulations and (D)&nbsp;at the date hereof, the
Company (x)&nbsp;was and is a &#8220;well-known seasoned issuer&#8221; as defined in Rule&nbsp;405 of the 1933 Act
Regulations (&#8220;Rule&nbsp;405&#8221;) and (y)&nbsp;was not and is not an </FONT>&#8220;ineligible issuer&#8221; as
defined in Rule&nbsp;405. The Registration Statement is an &#8220;automatic shelf registration statement,&#8221; as defined
in Rule&nbsp;405, and the Securities, since their registration on the Registration Statement, have been and remain eligible
for registration by the Company on an &#8220;automatic shelf registration statement&#8221; as defined in Rule&nbsp;405. The
Company has not received from the Commission any notice pursuant to Rule&nbsp;401(g)(2)&nbsp;of the 1933 Act Regulations
(&#8220;Rule&nbsp;401(g)(2)&#8221;) objecting to the use of the automatic shelf registration statement form. At the earliest
time after the original filing of the Registration Statement that the Company or another offering participant (with respect
to the offering contemplated hereby) made a <I>bona fide</I> offer (within the meaning of Rule&nbsp;164(h)(2)&nbsp;of the
1933 Act Regulations) of the Securities, the Company was not an &#8220;ineligible issuer,&#8221; as defined in Rule&nbsp;405.
The Indenture has been duly qualified under the Trust Indenture Act of 1939, as amended (the &#8220;1939 Act&#8221;), and the
Trustee has duly filed with the Commission a Statement of Eligibility on Form&nbsp;T-1 as an exhibit to the Registration
Statement or pursuant to Section&nbsp;305(b)(2)&nbsp;of the 1939 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">The Registration Statement became
effective upon filing under Rule&nbsp;462(e)&nbsp;of the 1933 Act Regulations (&#8220;Rule&nbsp;462(e)&#8221;) on November&nbsp;5,
2018, and any post-effective amendment thereto also became effective upon filing under Rule&nbsp;462(e). No stop order suspending
the effectiveness of the Registration Statement has been issued under the 1933 Act and no proceedings for that purpose have been
instituted or are pending or, to the knowledge of the Company, are contemplated by the Commission, and any request on the part
of the Commission for additional information has been complied with.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">Any offer that was a written communication
relating to the Securities made by the Company or any person acting on its behalf (within the meaning, for this paragraph only,
of Rule&nbsp;163(c)&nbsp;of the 1933 Act Regulations) prior to the time that the Registration Statement was originally filed has
been filed with the Commission in accordance with the exemption provided by Rule&nbsp;163 of the 1933 Act Regulations (&#8220;Rule&nbsp;163&#8221;)
and otherwise complied with the requirements of Rule&nbsp;163, including without limitation the legending requirement, to qualify
such offer for the exemption from Section&nbsp;5(c)&nbsp;of the 1933 Act provided by Rule&nbsp;163.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">At the respective times the Registration
Statement originally became effective and any amendment thereto became effective, at the time the Company&#8217;s most recent Annual
Report on Form&nbsp;10-K was filed with the Commission, at each &#8220;new effective date&#8221; with respect to the Underwriters
pursuant to Rule&nbsp;430B(f)(2)&nbsp;of the 1933 Act Regulations, and at the Closing Time, the Registration Statement and any
amendments and supplements thereto complied and will comply in all material respects with the applicable requirements of the 1933
Act, the 1933 Act Regulations, the 1939 Act, and the rules&nbsp;and regulations of the Commission under the 1939 Act (the &#8220;1939
Act Regulations&#8221;), and did not and will not contain an untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary to make the statements therein not misleading, and, at the date hereof and at the Closing
Time, neither the Prospectus nor any amendments or supplements thereto contained or will contain any untrue statement of a material
fact or omitted or will omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances
under which they were made, not misleading.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">Each preliminary prospectus and
Prospectus filed as part of the Registration Statement as originally filed or as part of any amendment thereto, or filed pursuant
to Rule&nbsp;424 under the 1933 Act, complied when so filed in all material respects with the 1933 Act and the 1933 Act Regulations
and, if applicable, each preliminary prospectus and the Prospectus delivered to the Underwriters for use in connection with this
offering was identical to the electronically transmitted copies thereof filed with the Commission pursuant to EDGAR, except to
the extent permitted by Regulation S&#45;T of the Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">As of the Applicable Time, neither
(x)&nbsp;all Issuer General Use Free Writing Prospectuses (as defined below) issued at or prior to the Applicable Time (including,
without limitation, the Pricing Term Sheet, as hereinafter defined) and the Statutory Prospectus, considered together (collectively,
the &#8220;General Disclosure Package&#8221;), nor (y)&nbsp;any individual Issuer Limited Use Free Writing Prospectus, when considered
together with the General Disclosure Package, included or will include any untrue statement of a material fact or omitted or will
omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which
they were made, not misleading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">As used in this subsection and
elsewhere in this Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&#8220;Applicable Time&#8221;
means 10:21 A.M.&nbsp;(New York time) / 3:21 P.M.&nbsp;(London time) on September&nbsp;23, 2020 or such other time as agreed by
the Company and the Representatives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&#8220;Issuer Free Writing Prospectus&#8221;
means any &#8220;issuer free writing prospectus,&#8221; as defined in Rule&nbsp;433 of the 1933 Act Regulations (&#8220;Rule&nbsp;433&#8221;),
relating to the Securities that (i)&nbsp;is required to be filed with the Commission by the Company, (ii)&nbsp;is a &#8220;road
show that is a written communication&#8221; within the meaning of Rule&nbsp;433(d)(8)(i), whether or not required to be filed with
the Commission, or (iii)&nbsp;is exempt from filing pursuant to Rule&nbsp;433(d)(5)(i)&nbsp;because it contains a description of
the Securities or of the offering that does not reflect the final terms, in each case in the form filed or required to be filed
with the Commission or, if not required to be filed, in the form retained in the Company&#8217;s records pursuant to Rule&nbsp;433(g).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&#8220;Issuer General Use Free
Writing Prospectus&#8221; means any Issuer Free Writing Prospectus that is intended for general distribution to prospective investors,
as evidenced by its being specified in Schedule&nbsp;D hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&#8220;Issuer Limited Use Free
Writing Prospectus&#8221; means any Issuer Free Writing Prospectus that is not an Issuer General Use Free Writing Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&#8220;Statutory Prospectus&#8221;
means the Base Prospectus and the preliminary prospectus dated September&nbsp;23, 2020 relating to the Securities, including the
documents incorporated and deemed to be incorporated by reference therein pursuant to Item 12 of Form&nbsp;S&#45;3 under the 1933
Act, in the form first furnished (electronically or otherwise) to the Underwriters for use in connection with the offering of the
Securities.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">Each Issuer Free Writing Prospectus,
as of its issue date and at all subsequent times through the completion of the public offer and sale of the Securities or until
any earlier date that the Company notified or notifies the Representatives as described in Section&nbsp;3(f), did not, does not
and will not include any information that conflicted, conflicts or will conflict with the information contained in the Registration
Statement, the Statutory Prospectus or the Prospectus, including any document incorporated by reference therein that has not been
superseded or modified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">The representations and warranties
in this subsection 1(a)(i)&nbsp;shall not apply to statements in or omissions from the Registration Statement, the Prospectus or
any Issuer Free Writing Prospectus made in reliance upon and in conformity with written information furnished to the Company by
any Underwriter through the Representatives expressly for use therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Incorporated
Documents</U>. The documents incorporated or deemed to be incorporated by reference in the Registration Statement, the General
Disclosure Package and the Prospectus, at the time they were or hereafter are filed with the Commission, complied and will comply
in all material respects with the requirements of the 1934 Act and the 1934 Act Regulations, and, when read together with the other
information in the General Disclosure Package and the Prospectus, (a)&nbsp;at the time the Registration Statement first became
effective, (b)&nbsp;at the time the Company&#8217;s most recent Annual Report on Form&nbsp;10&#45;K was filed with the Commission,
(c)&nbsp;at each &#8220;new effective date&#8221; with respect to the Underwriters pursuant to Rule&nbsp;430B(f)(2)&nbsp;of the
1933 Act Regulations, (d)&nbsp;at the date hereof, and (e)&nbsp;at the Closing Time, did not and will not contain an untrue statement
of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Independent
Accountants</U>. The accountants who certified the financial statements and supporting schedules included in the Registration Statement,
the Statutory Prospectus and the Prospectus are independent public accountants as required by the 1933 Act and the 1933 Act Regulations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Financial
Statements</U>. The consolidated financial statements of the Company included in the Registration Statement, the General
Disclosure Package and the Prospectus, together with the related schedules and notes, present fairly the consolidated
financial position of the Company and its subsidiaries at the dates indicated and the consolidated income,
stockholders&#8217; equity and cash flows of the Company and its subsidiaries for the periods specified; said consolidated
financial statements have been prepared in conformity with generally accepted accounting principles (&#8220;GAAP&#8221;)
applied on a consistent basis throughout the periods involved. The supporting schedules included in the Registration
Statement present fairly in accordance with GAAP the information required to be stated therein. The historical and pro forma
selected financial data, if any, and historical and pro forma summary financial information, if any, included in the General
Disclosure Package and the Prospectus present fairly the information shown therein and have been compiled on a basis
consistent with that of the audited financial </FONT>statements included in the Registration Statement and, in the case of
any such pro forma data, the pro forma financial statements included in the Registration Statement, the General Disclosure
Package and the Prospectus. <FONT STYLE="font-size: 10pt">The pro forma financial statements and related notes included in
the Registration Statement, the General Disclosure Package and the Prospectus fairly present in all material respects the
information shown therein, have been prepared in accordance with the Commission&#8217;s rules&nbsp;and guidelines with
respect to pro forma financial statements and have been properly compiled on the basis described therein, and the assumptions
used in the preparation thereof are reasonable and the adjustments used therein are appropriate to give effect to the
transactions and circumstances referred to therein; and any pro forma financial information included in the Registration
Statement, the General Disclosure Package and the Prospectus has been accurately and appropriately derived therefrom. All
disclosures contained in the Registration Statement, the General Disclosure Package and the Prospectus regarding
 &#8220;non-GAAP financial measures&#8221; (as such term is defined by the rules&nbsp;and regulations of the Commission)
comply with Regulation G under the 1934 Act and Item&nbsp;10 of Regulation S&#45;K of the 1933 Act Regulations, to the extent
applicable. The interactive data in eXtensible Business Reporting Language included in any of the documents incorporated by
reference in the Registration Statement, the General Disclosure Package and the Prospectus fairly presents the information
called for in all material respects and has been prepared in accordance with the Commission&#8217;s rules&nbsp;and guidelines
applicable thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(v)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Material Adverse Change in Business</U>. Since the respective dates as of which information is given in the Registration Statement,
the General Disclosure Package and the Prospectus, except as otherwise stated therein, (A)&nbsp;there has been no material adverse
change in the condition, financial or otherwise, or in the earnings, business affairs, financial prospects or business prospects
of the Company and its subsidiaries considered as one enterprise (a &#8220;Material Adverse Effect&#8221;), whether or not arising
in the ordinary course of business, (B)&nbsp;there have been no transactions entered into by the Company or any of its subsidiaries,
other than those in the ordinary course of business, which are material with respect to the Company and its subsidiaries considered
as one enterprise, and (C)&nbsp;except for regular monthly distributions on the Common Stock in amounts per share that are consistent
with past practice, there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of
its stock.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(vi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Good
Standing of the Company</U>. The Company is a corporation duly organized and validly existing under the laws of the State of Maryland
and is in good standing with the State Department of Assessments and Taxation of Maryland and has corporate power and authority
to own, lease and operate its properties and to conduct its business as described in the General Disclosure Package and the Prospectus
and to enter into and perform its obligations under this Agreement, the Agency Agreement, the Indenture and the Securities; and
the Company is duly qualified as a foreign corporation to transact business and is in good standing in each other jurisdiction
in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business,
except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(vii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Good
Standing of Subsidiaries</U>. The Company does not hold any equity interest in any corporation, limited or general partnership,
limited liability company, business trust, joint venture or entity other than its subsidiaries. Each subsidiary of the Company
has been duly organized and is validly existing as a partnership, limited liability company, business trust or corporation, as
the case may be, in good standing under the laws of the state of its organization and has power and authority as a partnership,
limited liability company, business trust or corporation, as the case may be, to own, lease and operate its properties and to conduct
its business as described in the General Disclosure Package and the Prospectus; each such subsidiary is duly qualified as a foreign
partnership, limited liability company, business trust or corporation, as the case may be, to transact business and is in good
standing in each other jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property
or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse
Effect; except as otherwise disclosed in the General Disclosure Package and the Prospectus, all of the issued and outstanding partnership
interests, limited liability company interests, business trust interests and shares of capital stock, as the case may be, of each
such subsidiary have been duly authorized (if applicable) and validly issued and are fully paid and are non-assessable (except
to the extent that the general partners of subsidiaries which are partnerships may be liable for the obligations of such partnerships)
and are owned by the Company, directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien,
encumbrance, claim or equity; none of the outstanding partnership interests, limited liability company interests, business trust
interests or shares of capital stock, as the case may be, of such subsidiaries were issued in violation of preemptive or other
similar rights arising by operation of law, under the partnership agreement, declaration of trust or trust agreement, limited liability
company agreement (or other similar agreement) or charter or bylaws, as the case may be, of any such subsidiary or under any agreement
or instrument to which the Company or any such subsidiary is a party. As of the date of the Company&#8217;s most recent balance
sheet included or incorporated by reference in the Registration Statement and the Prospectus, no direct or indirect subsidiary
of the Company had (on an unconsolidated basis) total assets in excess of 5% of the Company&#8217;s consolidated assets as of that
date or, for the quarter then ended, would have had (on an unconsolidated basis) rental revenue in excess of 5% of the Company&#8217;s
consolidated rental revenue for such quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(viii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Capitalization</U>.
The authorized Common Stock of the Company and the issued and outstanding Common Stock of the Company are as set forth in the
line item &#8220;Common stock and paid in capital&#8221; set forth in the consolidated balance sheet as of June&nbsp;30, 2020
contained in the Company&#8217;s Quarterly Report on Form&nbsp;10&#45;Q for the quarter ended June&nbsp;30, 2020 (except for
subsequent issuances, if any, pursuant to employee benefit plans (including any exercise of equity awards pursuant thereto),
the Company&#8217;s dividend reinvestment and stock purchase plan or the Company&#8217;s &#8220;at&#45;the&#45;market&#8221;
program, or any other subsequent issuance, in each case, referred to in the Statutory Prospectus and the Prospectus). There
are no outstanding securities convertible into or exchangeable or exercisable for shares of Common Stock or Preferred Stock
other than pursuant to equity awards issued under the Company&#8217;s employee benefit plans referred to in the Statutory
Prospectus and the Prospectus and up to 1,000,000 </FONT>shares of Common Stock that may be issued upon the exchange of
certain limited partnership interests in Realty Income, L.P., a Maryland limited partnership (&#8220;RI LP&#8221;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ix)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Authorization
of Agreement</U>. This Agreement has been duly authorized, executed and delivered by the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(x)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Authorization
of Capital Stock</U>. The shares of issued and outstanding Common Stock have been duly authorized and validly issued and are fully
paid and non-assessable; none of the outstanding shares of Common Stock was issued in violation of preemptive or other similar
rights arising by operation of law, under the charter or bylaws of the Company, under any agreement or instrument to which the
Company or any of its subsidiaries is a party or otherwise, and the Common Stock conforms to all statements relating thereto contained
or incorporated by reference in the General Disclosure Package and the Prospectus and such statements conform to the rights set
forth in the instruments defining the same.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Absence
of Defaults and Conflicts</U>. Neither the Company nor any of its subsidiaries is in violation of its charter or bylaws, its
partnership agreement, declaration of trust or trust agreement, or its limited liability company agreement (or other similar
agreement), as the case may be, or in default in the performance or observance of any obligation, agreement, covenant or
condition contained in any contract, indenture, mortgage, deed of trust, loan or credit agreement, note, lease or other
agreement or instrument to which the Company or any of its subsidiaries is a party or by which any of them may be bound or to
which any of the respective properties or assets of the Company or any subsidiary is subject (collectively, &#8220;Agreements
and Instruments&#8221;), except for such defaults that would not have a Material Adverse Effect; and the execution, delivery
and performance of this Agreement, the Agency Agreement, the Indenture and the Securities and the consummation of the
transactions contemplated herein and therein (including the issuance and sale of the Securities and the use of the proceeds
from the sale of the Securities as described in the Statutory Prospectus and the Prospectus under the caption &#8220;Use of
Proceeds&#8221;) and compliance by the Company with its obligations hereunder and thereunder have been duly authorized by all
necessary corporate action and do not and will not, whether with or without the giving of notice or passage of time or both,
conflict with or constitute a breach of, or default or Repayment Event (as defined below) under, or result in the creation or
imposition of any lien, charge or encumbrance upon any property or assets of the Company or any subsidiary pursuant to, any
Agreement or Instrument, except for such conflicts, breaches or defaults or liens, charges or encumbrances that, individually
or in the aggregate, would not have a Material Adverse Effect, nor will such action result in any violation of the provisions
of the charter or bylaws of the Company or any applicable law, rule, regulation, or governmental or court judgment, order,
writ or decree. Neither the Company nor any of its subsidiaries is subject to any governmental or court judgment, order, writ
or decree that is material with respect to the Company and its subsidiaries considered as one enterprise. As used herein, a
 &#8220;Repayment Event&#8221; means any event or condition which gives the holder of any note, debenture or other evidence of
indebtedness (or any person acting on such holder&#8217;s behalf) the right to require the repurchase, redemption or
repayment of all or a portion of </FONT>such indebtedness by the Company or any subsidiary of the Company or any of its
subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Absence
of Labor Dispute</U>. No labor dispute with the employees of the Company or any subsidiary of the Company exists or, to the best
knowledge of the Company, is imminent; and the Company is not aware of any existing or imminent labor disturbance by the employees
of any of its or any subsidiary&#8217;s tenants, which, in either case, could reasonably be expected, individually or in the aggregate,
to result in a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xiii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Absence
of Proceedings</U>. The Company has not received any notice of any action, suit, proceeding, inquiry or investigation before or
by any court or governmental agency or body, domestic or foreign, and there is no such proceeding now pending or, to the best knowledge
of the Company, threatened, against or affecting the Company or any of its subsidiaries, which is required to be disclosed in the
Registration Statement, the Statutory Prospectus or the Prospectus (other than as disclosed therein), or which could reasonably
be expected to result in a Material Adverse Effect, or which could reasonably be expected to materially and adversely affect the
consummation of this Agreement or the performance by the Company of its obligations under this Agreement, the Agency Agreement,
the Indenture or the Securities; and the aggregate of all pending legal or governmental proceedings to which the Company or any
subsidiary is a party or of which any of their respective property or assets is the subject which are not described in the Registration
Statement, the Statutory Prospectus or the Prospectus, including ordinary routine litigation incidental to the business, could
not reasonably be expected to result in a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xiv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Accuracy
of Exhibits</U>. There are no contracts or documents which are required to be described in the Registration Statement, the Statutory
Prospectus or the Prospectus or the documents incorporated by reference therein or to be filed as exhibits thereto which have not
been so described and/or filed as required.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Possession
of Intellectual Property</U>. The Company and its subsidiaries own or possess, or can acquire on reasonable terms, adequate patents,
patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable proprietary
or confidential information, systems or procedures), trademarks, service marks, trade names or other intellectual property (collectively,
 &#8220;Intellectual Property&#8221;) necessary to carry on the business now operated by them, and neither the Company nor any of
its subsidiaries has received any notice or is otherwise aware of any infringement of or conflict with asserted rights of others
with respect to any Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid
or inadequate to protect the interest of the Company or any of its subsidiaries therein, and which infringement or conflict (if
the subject of any unfavorable decision, ruling or finding) or invalidity or inadequacy, singly or in the aggregate, would result
in a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xvi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Absence
of Further Requirements</U>. No filing with, or authorization, approval, consent, license, order, registration, qualification
or decree of, </FONT>any court or governmental authority or agency is necessary or required for the performance by the
Company of its obligations under this Agreement, the Agency Agreement, the Indenture or the Securities, in connection with
the offering, issuance or sale of the Securities hereunder or the consummation of the other transactions contemplated by this
Agreement, the Agency Agreement, the Indenture or the Securities, except such as have been already made or obtained under the
1933 Act, the 1933 Act Regulations, the 1939 Act or the 1939 Act Regulations or as may be required under state securities
laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xvii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Possession
of Licenses and Permits</U>. The Company and its subsidiaries possess such permits, licenses, approvals, consents and other authorizations
(collectively, &#8220;Governmental Licenses&#8221;) issued by the appropriate federal, state, local or foreign regulatory agencies
or bodies necessary to conduct the business now operated by them and the Company and its subsidiaries are in compliance with the
terms and conditions of all such Governmental Licenses, except where the failure so to possess or comply would not, singly or in
the aggregate, have a Material Adverse Effect; all of the Governmental Licenses are valid and in full force and effect, except
where the invalidity of such Governmental Licenses or the failure of such Governmental Licenses to be in full force and effect
would not, singly or in the aggregate, have a Material Adverse Effect; and neither the Company nor any of its subsidiaries has
received any notice of proceedings relating to the revocation or modification of any such Governmental Licenses which, singly or
in the aggregate, if the subject of an unfavorable decision, ruling or finding, would result in a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xviii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Investment
Company Act</U>. The Company is not, and upon the issuance and sale of the Securities as herein contemplated and the application
of the net proceeds therefrom as described in the Statutory Prospectus and the Prospectus under &#8220;Use of Proceeds&#8221; will
not be, an &#8220;investment company&#8221; as such term is defined in the Investment Company Act of 1940, as amended (the &#8220;1940
Act&#8221;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xix)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Partnership
Agreements</U>. Each of the partnership agreements, declarations of trust or trust agreements, limited liability company agreements
(or other similar agreements) and, if applicable, joint venture agreements to which the Company or any of its subsidiaries is a
party has been duly authorized, executed and delivered by the Company or the relevant subsidiary, as the case may be, and constitutes
the valid and binding agreement of the Company or such subsidiary, as the case may be, enforceable in accordance with its terms,
except as the enforcement thereof may be limited by (A)&nbsp;the effect of bankruptcy, insolvency or other similar laws now or
hereafter in effect relating to or affecting creditors&#8217; rights generally or (B)&nbsp;the effect of general principles of
equity, and the execution, delivery and performance of such agreements did not, at the time of execution and delivery, and does
not constitute a breach of or default under the charter or bylaws, partnership agreement, declaration of trust or trust agreement,
or limited liability company agreement (or other similar agreement), as the case may be, of the Company or any of its subsidiaries
or any of the Agreements and Instruments or any law, administrative regulation or administrative or court order or decree.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(xx)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Properties</U>.
Except as otherwise disclosed in the General Disclosure Package and the Prospectus: (i)&nbsp;the Company and its subsidiaries
have good and marketable title (either in fee simple or pursuant to a valid leasehold interest) to all properties and assets
described in the Statutory Prospectus and the Prospectus as being owned or leased, as the case may be, by them and to all
properties reflected in the Company&#8217;s most recent consolidated financial statements included in the Statutory
Prospectus and the Prospectus, and neither the Company nor any of its subsidiaries has received notice of any claim that has
been or may be asserted by anyone adverse to the rights of the Company or any subsidiary with respect to any such properties
or assets (or any such lease) or affecting or questioning the rights of the Company or any such subsidiary to the continued
ownership, lease, possession or occupancy of such property or assets, except for such claims that would not, singly or in the
aggregate, have a Material Adverse Effect; (ii)&nbsp;all liens, charges, encumbrances, claims or restrictions on or affecting
the properties and assets of the Company or any of its subsidiaries which are required to be disclosed in the Registration
Statement, the Statutory Prospectus or the Prospectus are disclosed therein, and all such liens, charges, encumbrances,
claims or restrictions which are not disclosed in the Statutory Prospectus and the Prospectus could not reasonably be
expected, singly or in the aggregate, to have a Material Adverse Effect; (iii)&nbsp;no person or entity, including, without
limitation, any tenant under any of the leases pursuant to which the Company or any of its subsidiaries leases (as lessor)
any of its properties (whether directly or indirectly through other partnerships, limited liability companies, business
trusts, joint ventures or otherwise) has an option or right of first refusal or any other right to purchase any of such
properties, except for such options, rights of first refusal or other rights to purchase which, individually or in the
aggregate, are not material with respect to the Company and its subsidiaries considered as one enterprise; (iv)&nbsp;each of
the properties of the Company or any of its subsidiaries has access to public rights of way, either directly or through
insured easements, except where the failure to have such access would not, singly or in the aggregate, have a Material
Adverse Effect; (v)&nbsp;each of the properties of the Company or any of its subsidiaries is served by all public utilities
necessary for the current operations on such property in sufficient quantities for such operations, except where the failure
to have such public utilities would not, singly or in the aggregate, have a Material Adverse Effect; (vi)&nbsp;each of the
properties of the Company or any of its subsidiaries complies with all applicable codes and zoning and subdivision laws and
regulations, except for such failures to comply which would not, either individually or in the aggregate, have a Material
Adverse Effect; (vii)&nbsp;all of the leases under which the Company or any of its subsidiaries holds or uses any real
property or improvements or any equipment relating to such real property or improvements are in full force and effect, except
where the failure to be in full force and effect would not, singly or in the aggregate, have a Material Adverse Effect, and
neither the Company nor any of its subsidiaries is in default in the payment of any amounts due under any such leases or in
any other default thereunder and the Company knows of no event which, with the passage of time or the giving of notice or
both, would constitute a default by the Company or any of its subsidiaries under any such lease, except such defaults that
would not, individually or in the aggregate, have a Material Adverse Effect; (viii)&nbsp;there is no pending or, to the best
knowledge of the Company, threatened condemnation, zoning change, or other proceeding or action that could in any manner
affect the size of, use of, </FONT>improvements on, construction on or access to the properties of the Company or any of its
subsidiaries, except such proceedings or actions that, either singly or in the aggregate, would not have a Material Adverse
Effect; and (ix)&nbsp;neither the Company nor any of its subsidiaries nor any lessee of any of the real property or
improvements of the Company or any of its subsidiaries is in default in the payment of any amounts due or in any other
default under any of the leases pursuant to which the Company or any of its subsidiaries leases (as lessor) any of its real
property or improvements (whether directly or indirectly through partnerships, limited liability companies, joint ventures or
otherwise), and the Company knows of no event which, with the passage of time or the giving of notice or both, would
constitute such a default under any of such leases, except such defaults as would not, individually or in the aggregate, have
a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in"></P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Insurance</U>.
With such exceptions as would not, individually or in the aggregate, have a Material Adverse Effect, the Company and its subsidiaries
have title insurance on all real property and improvements described in the General Disclosure Package and the Prospectus as being
owned or leased under a ground lease, as the case may be, by them and to all real property and improvements reflected in the Company&#8217;s
most recent consolidated financial statements included in the General Disclosure Package and the Prospectus in an amount at least
equal to the original cost of acquisition and the Company and its subsidiaries are entitled to all benefits of the insured thereunder,
and each such property is insured by extended coverage hazard and casualty insurance in amounts and on such terms as are customarily
carried by lessors of properties similar to those owned by the Company and its subsidiaries (in the markets in which the Company&#8217;s
and subsidiaries&#8217; respective properties are located), and the Company and its subsidiaries carry comprehensive general liability
insurance and such other insurance as is customarily carried by lessors of properties similar to those owned by the Company and
its subsidiaries in amounts and on such terms as are customarily carried by lessors of properties similar to those owned by the
Company and its subsidiaries (in the markets in which the Company&#8217;s and its subsidiaries&#8217; respective properties are
located) and the Company or one of its subsidiaries is named as an additional insured on all policies required under the leases
for such properties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Environmental
Matters</U>. Except as otherwise disclosed in the General Disclosure Package and the Prospectus: (i)&nbsp;all real property
and improvements owned or leased by the Company or any of its subsidiaries, including, without limitation, the Environment
(as defined below) associated with such real property and improvements, is free of any Contaminant (as defined below), except
such Contaminants which, individually or in the aggregate, would not have a Material Adverse Effect; (ii)&nbsp;neither the
Company, nor any of its subsidiaries has caused or suffered to exist or occur any Release (as defined below) of any
Contaminant into the Environment or any other condition that, individually or in the aggregate, could reasonably be expected
to have a Material Adverse Effect or could result in any violation of any Environmental Laws (as defined below)&nbsp;or
constitute a health, safety or environmental hazard to any person or property except for such violations or hazards that
could not reasonably be expected to have a Material Adverse Effect; (iii)&nbsp;neither the Company nor any of its
subsidiaries is aware of any notice from any governmental body claiming any violation of any Environmental Laws or requiring
or calling attention to the need for any work, </FONT>repairs, construction, alterations, removal or remedial action or
installation on or in connection with such real property or improvements, whether in connection with the presence of
asbestos&#45;containing materials in such properties or otherwise, except for such violations, work, repairs, construction,
alterations, removal or remedial actions or installations as would not, individually or in the aggregate, have a Material
Adverse Effect; (iv)&nbsp;any such work, repairs, construction, alterations, removal or remedial action or installation, if
required, would not result in the incurrence of liabilities, which, individually or in the aggregate, would have a Material
Adverse Effect; (v)&nbsp;neither the Company nor any of its subsidiaries has caused or suffered to exist or occur any
condition on any of the properties or improvements of the Company or any of its subsidiaries that could give rise to the
imposition of any Lien (as defined below) under any Environmental Laws, except such Liens which, individually or in the
aggregate, would not have a Material Adverse Effect; and (vi)&nbsp;no real property or improvements owned or leased by the
Company or any of its subsidiaries is being used or has been used for manufacturing or for any other operations that involve
or involved the use, handling, transportation, storage, treatment or disposal of any Contaminant, where such operations
require or required permits or are or were otherwise regulated pursuant to the Environmental Laws and where such permits have
not been or were not obtained or such regulations are not being or were not complied with, except in all instances where any
failure to obtain a permit or comply with any regulation could not reasonably be expected, singly or in the aggregate, to
have a Material Adverse Effect. &#8220;Contaminant&#8221; means any pollutant, hazardous substance, toxic substance,
hazardous waste, special waste, petroleum or petroleum&#45;derived substance or waste, asbestos or asbestos&#45;containing
materials, PCBs, lead, pesticides or radioactive materials or any constituent of any such substance or waste, including any
such substance identified or regulated under any Environmental Law. &#8220;Environmental Laws&#8221; means the Comprehensive
Environmental Response, Compensation and Liability Act, 42 U.S.C. 9601 <I>et&nbsp;seq</I>., the Resource Conservation and
Recovery Act, 42 U.S.C. 6901, <I>et&nbsp;seq</I>., the Clean Air Act, 42 U.S.C. 7401, <I>et&nbsp;seq</I>., the Clean Water
Act, 33 U.S.C. 1251, <I>et&nbsp;seq</I>., the Toxic Substances Control Act, 15 U.S.C. 2601, <I>et&nbsp;seq</I>., the
Occupational Safety and Health Act, 29 U.S.C. 651, <I>et&nbsp;seq</I>., and all other federal, state and local laws,
ordinances, regulations, rules, orders, decisions, permits, and the like, which are directed at the protection of human
health or the Environment. &#8220;Lien&#8221; means, with respect to any asset, any mortgage, deed of trust, lien, pledge,
encumbrance, charge or security interest in or on such asset. &#8220;Environment&#8221; means any surface water, drinking
water, ground water, land surface, subsurface strata, river sediment, buildings, structures, and ambient, workplace and
indoor air. &#8220;Release&#8221; means any spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting,
escaping, leaching, dumping, emanating or disposing of any Contaminant into the Environment, including, without limitation,
the abandonment or discard of barrels, containers, tanks or other receptacles containing or previously containing any
Contaminant or any release, emission or discharge as those terms are defined or used in any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxiii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Qualification
as a Real Estate Investment Trust</U>. The Company was and is organized in conformity with the requirements for qualification
and taxation as a &#8220;real estate investment trust&#8221; (a &#8220;REIT&#8221;) under the Internal Revenue Code of 1986,
as amended (the &#8220;Code&#8221;); the Company at all times has met and continues to meet all the </FONT>requirements of
the Code for qualification and taxation as a REIT; the Company&#8217;s method of operation will enable it to meet the
requirements for qualification and taxation as a REIT under the Code; and the Company is qualified as a REIT under the Code
and will be so qualified for the taxable year in which sales of the Securities occur.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxiv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Registration
Rights</U>. There are no persons with registration or other similar rights to have any securities registered pursuant to the Registration
Statement or included in the offering contemplated hereby. There are no persons with registration or other similar rights to have
any securities registered by the Company under the 1933 Act, other than registration rights granted pursuant to various registration
rights agreements by and among the Company and each of the persons and entities made a party thereto covering up to 1,000,000 shares
of Common Stock that may be issued in exchange of certain limited partnership interests in RI LP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Indenture</U>.
The Indenture has been duly authorized, executed and delivered by the Company and constitutes a valid and binding agreement of
the Company, enforceable against the Company in accordance with its terms, except as the enforcement thereof may be limited by
bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting creditors&#8217; rights generally
or by general equitable principles; and the Indenture has been qualified under the 1939 Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxvi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Securities</U>.
The Securities have been duly authorized by the Company and, at the Closing Time, will have been duly executed by the Company and,
when authenticated in the manner provided for in the Indenture and delivered against payment of the purchase price therefor specified
in this Agreement, (A)&nbsp;will constitute valid and binding obligations of the Company, enforceable against the Company in accordance
with their terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other
similar laws relating to or affecting creditors&#8217; rights generally or by general equitable principles, and (B)&nbsp;will be
in the form contemplated by, and entitled to the benefits of, the Indenture.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxvii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Description
of Indenture, Agency Agreement and Securities</U>. The Indenture conforms and each of the Agency Agreement and the Securities will
conform in all material respects to the respective statements relating thereto contained in the General Disclosure Package and
the Prospectus and the Indenture is in the form, and the Securities will be in substantially the form, filed or incorporated by
reference, as the case may be, as exhibits to the Registration Statement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxviii)</FONT>&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Ranking
of Securities</U>. The Securities will rank on a parity with all unsecured indebtedness of the Company (other than subordinated
indebtedness of the Company) that is outstanding on the date hereof or that may be incurred hereafter, and senior to all subordinated
indebtedness of the Company that is outstanding on the date hereof or that may be incurred hereafter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxix)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Trustee
and Paying Agent</U>. The Trustee has been duly appointed by the Company to serve as, and is, the trustee, security
registrar, a transfer agent and a paying agent for the Securities under the Indenture, and the Trustee has duly accepted </FONT>such
appointment under the Indenture and has assumed all rights, powers and obligations of the Original Trustee under the
Indenture upon the terms and conditions set forth therein. At the Closing Time, the Agent will have been duly appointed by
the Company to serve as, and will be, a paying agent for the Securities under the Indenture, and the Agent will have duly
accepted such appointment under the Agency Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxx)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Pending
Proceedings and Examinations</U>. The Registration Statement is not the subject of a pending proceeding or examination under Section&nbsp;8(d)&nbsp;or
8(e)&nbsp;of the 1933 Act, and the Company is not the subject of a pending proceeding under Section&nbsp;8A of the 1933 Act in
connection with the offering of the Securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxi)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Unlawful Payments.</U> Neither the Company nor any of its subsidiaries nor any director, officer, or employee of the Company or
any of its subsidiaries nor, to the knowledge of the Company, any agent, affiliate or other person associated with or acting on
behalf of the Company or any of its subsidiaries has (i)&nbsp;used any funds for any unlawful contribution, gift, entertainment
or other unlawful expense relating to political activity; (ii)&nbsp;made or taken an act in furtherance of an offer, promise or
authorization of any direct or indirect unlawful payment or benefit to any foreign or domestic government or regulatory official
or employee, including of any government-owned or controlled entity or of a public international organization, or any person acting
in an official capacity for or on behalf of any of the foregoing, or any political party or party official or candidate for political
office; (iii)&nbsp;violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended, or any
applicable law or regulation implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International
Business Transactions, or committed an offense under the Bribery Act 2010 of the United Kingdom or under the Criminal Finances
Act 2017 of the United Kingdom, or any other applicable anti-bribery or anti-corruption laws; or (iv)&nbsp;made, offered, agreed,
requested or taken an act in furtherance of any unlawful bribe or other unlawful benefit, including, without limitation, any rebate,
payoff, influence payment, kickback or other unlawful or improper payment or benefit. The Company and its subsidiaries have instituted,
maintain and enforce, and will continue to maintain and enforce, policies and procedures designed to promote and ensure compliance
with all applicable anti-bribery and anti-corruption laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Compliance
with Money Laundering Laws.</U> The operations of the Company and its subsidiaries are and have been conducted at all times in
compliance with applicable financial recordkeeping and reporting requirements, including those of the Currency and Foreign Transactions
Reporting Act of 1970, as amended, the applicable money laundering statutes of all jurisdictions where the Company or any of its
subsidiaries conducts business, the rules&nbsp;and regulations thereunder and any related or similar rules, regulations or guidelines
issued, administered or enforced by any governmental or regulatory agency (collectively, the &#8220;Anti-Money Laundering Laws&#8221;)
and no action, suit or proceeding by or before any court or governmental or regulatory agency, authority or body or any arbitrator
involving the Company or any of its subsidiaries with respect to the Anti-Money Laundering Laws is pending or, to the knowledge
of the Company, threatened.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxiii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>No
Conflicts with Sanctions Laws.</U> Neither the Company nor any of its subsidiaries, directors, officers or employees, nor, to the
knowledge of the Company, any agent, or affiliate or other person associated with or acting on behalf of the Company or any of
its subsidiaries is currently the subject or the target of any sanctions administered or enforced by the U.S. government, (including
without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State
and including, without limitation, the designation as a &#8220;specially designated national&#8221; or &#8220;blocked person&#8221;),
the United Nations Security Council, the European Union, Her Majesty&#8217;s Treasury, or other relevant sanctions authority (collectively,
 &#8220;Sanctions&#8221;), nor is the Company, any of its subsidiaries located, organized or resident in a country or territory
that is the subject or the target of Sanctions, including, without limitation, Cuba, Crimea,&nbsp;Iran, North Korea and Syria (each,
a &#8220;Sanctioned Country&#8221;); and the Company will not directly or indirectly use the proceeds of the offering of the Securities
hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person
or entity (i)&nbsp;to fund or facilitate any activities of or business with any person that, at the time of such funding or facilitation,
is the subject or the target of Sanctions, (ii)&nbsp;to fund or facilitate any activities of or business in any Sanctioned Country
or (iii)&nbsp;in any other manner that will result in a violation by any person (including any person participating in the transaction,
whether as underwriter, advisor, investor or otherwise) of Sanctions. For the past 5 years, the Company and its subsidiaries have
not knowingly engaged in, are not now knowingly engaged in, and will not engage in, any dealings or transactions with any person
that at the time of the dealing or transaction is or was the subject or the target of Sanctions or with any Sanctioned Country,
Burma (Myanmar) or Sudan. Each Representative established in a Member State of the European Economic Area agrees that this subsection
1(a)(xxxiii)&nbsp;is not being sought by such Representative except to the extent that doing so would be permissible pursuant to
European Union Council Regulation (EC) 2271/96.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxiv)</FONT>&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Sarbanes-Oxley</U>.
The Company has established and maintains and evaluates &#8220;disclosure controls and procedures&#8221; (as such term is
defined in Rule&nbsp;13a-15 and 15d-15 under the 1934 Act) and &#8220;internal control over financial reporting&#8221; (as
such term is defined in Rule&nbsp;13a-15 and 15d-15 under the 1934 Act); such disclosure controls and procedures are designed
to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to the
Company&#8217;s chief executive officer and its chief financial officer or principal financial officer, as applicable, by
others within those entities, such disclosure controls and procedures are effective to perform the functions for which they
were established, and such disclosure controls and procedures are designed to provide reasonable assurance that the
interactive data in eXtensible Business Reporting Language incorporated by reference in the Registration Statement, the
General Disclosure Package and the Prospectus fairly presents the information called for in all material respects and is
prepared in accordance with the Commission&#8217;s rules&nbsp;and guidelines applicable thereto; the Company&#8217;s
independent auditors and the audit committee of the board of directors of the Company have been advised of (i)&nbsp;all
significant deficiencies, if any, in the design or operation of internal controls which could adversely affect the
Company&#8217;s ability to record, process, summarize and report financial data; and (ii)&nbsp;all fraud, if any, whether or
not material, </FONT>that involves management or other employees who have a role in the Company&#8217;s internal controls;
all material weaknesses, if any, in internal controls have been identified to the Company&#8217;s independent auditors; since
the date of the most recent evaluation of such disclosure controls and procedures and internal controls, there have been no
significant changes in internal controls or in other factors that could significantly affect internal controls, including any
corrective actions with regard to significant deficiencies and material weaknesses; the principal executive officer (or
equivalent) and principal financial officer (or equivalent) of the Company have made all certifications required by the
Sarbanes-Oxley Act of 2002 (the &#8220;Sarbanes-Oxley Act&#8221;) and any related rules&nbsp;and regulations promulgated by
the Commission, and the statements contained in each such certification are complete and correct; and the Company, its
subsidiaries and the Company&#8217;s directors and officers are each in compliance in all material respects with all
applicable effective provisions of the Sarbanes-Oxley Act and the rules&nbsp;and regulations of the Commission and the New
York Stock Exchange promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in"></P>

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>Cybersecurity</U>.
With such exceptions as would not, individually or in the aggregate, have a Material Adverse Effect: (A)&nbsp;there has been no
security breach or incident, unauthorized access or disclosure, or other compromise of or relating to the Company or its subsidiaries
information technology and computer systems, networks, hardware, software, data and databases (including the data and information
of their respective customers, employees, suppliers, vendors and any third party data maintained, processed or stored by the Company
and its subsidiaries, and any such data processed or stored by third parties on behalf of the Company and its subsidiaries), equipment
or technology (collectively, &#8220;IT Systems and Data&#8221;); (B)&nbsp;neither the Company nor its subsidiaries has been notified
of, and has no knowledge of any event or condition that would result in, any security breach or incident, unauthorized access or
disclosure or other compromise to their IT Systems and Data; and (C)&nbsp;the Company and its subsidiaries have implemented appropriate
controls, policies, procedures, and technological safeguards to maintain, monitor and protect the integrity, continuous operation,
redundancy and security of their IT Systems and Data reasonably consistent with industry standards and practices, or as required
by applicable regulatory standards. The Company and its subsidiaries are presently in material compliance with all applicable laws
or statutes and all judgments, orders, rules&nbsp;and regulations of any court or arbitrator or governmental or regulatory authority,
internal policies and contractual obligations relating to the privacy and security of IT Systems and Data and to the protection
of such IT Systems and Data from unauthorized use, access, misappropriation or modification.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(xxxvi)</FONT>&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><U>The
Agency Agreement</U>. The Agency Agreement has been duly authorized by the Company and, at the Closing Time, the Agency Agreement
will have been duly executed and delivered by the Company and will constitute a valid and binding agreement of the Company, enforceable
against the Company in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar laws relating to or affecting creditors&#8217; rights generally or by general equitable principles.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Officer</I>&#8217;<I>s
Certificates</I>. Any certificate signed by any officer of the Company and delivered to the Representatives or to counsel for
the Underwriters shall be deemed a </FONT>representation and warranty by the Company to each Underwriter as to the matters
covered thereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;2. <U>Sale and Delivery to
the Underwriters; Closing</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Securities</I>.
On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the
Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees
to purchase from the Company, at the price set forth in Schedule&nbsp;B, the aggregate principal amounts of the Securities set
forth in Schedule&nbsp;A opposite the name of such Underwriter, plus any additional principal amount of Securities which such Underwriter
may become obligated to purchase pursuant to the provisions of Section&nbsp;10 hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Payment</I>.
Payment of the purchase price for the Securities shall be made at the office of Latham&nbsp;&amp; Watkins&nbsp;LLP, 99 Bishopsgate,
London EC2M 3XF, United Kingdom, or at such other place as shall be agreed upon by the Representatives and the Company, at 8:00&nbsp;A.M.&nbsp;(London
time) on October&nbsp;1, 2020 (unless postponed in accordance with the provisions of Section&nbsp;10) or such other time not later
than ten business days after such date as shall be agreed upon by the Representatives and the Company (such time and date of payment
and delivery being herein called &#8220;Closing Time&#8221;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Payment shall be made to the Company by
wire transfer of immediately available funds to an account at a bank in England designated by the Company, against delivery of
the Securities in registered, book&#45;entry form to BNY London, in its capacity as common depositary for Clearstream Banking S.A.
(&#8220;Clearstream&#8221;) and Euroclear Bank, SA/NV (&#8220;Euroclear&#8221;), for the respective accounts of the Underwriters
of one or more certificates in global form representing the Securities (collectively, the &#8220;Global Securities&#8221;), with
any transfer taxes payable in connection with the sale of the Securities duly paid by the Company. It is understood that each Underwriter
has authorized the Representatives, for its account, to accept delivery of, receipt for, and make payment of the purchase price
for the Securities which it has agreed to purchase. Goldman, individually and not as a Representative of the Underwriters, may
(but shall not be obligated to) make payment of the purchase price for the Securities to be purchased by any Underwriter whose
payment therefor has not been received by the Closing Time, but such payment shall not relieve such Underwriter from its obligations
hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Denominations;
Registration</I>. Certificates for the Global Securities shall be in such denominations and registered in such names as the Representatives
may request in writing at least one full business day before the Closing Time. The certificates for the Global Securities will
be made available for examination by the Representatives in London not later than 2:00&nbsp;P.M.&nbsp;(London time) on the business
day prior to the Closing Time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;3. <U>Covenants of the Company</U>.
The Company covenants with each Underwriter as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Compliance
with Securities Regulations and Commission Requests</I>. The Company, subject to Section&nbsp;3(b), will comply with the
requirements of Rule&nbsp;430B and will notify the Representatives immediately, and confirm the notice in writing,
(i)&nbsp;when any post-effective amendment to the Registration Statement or new registration </FONT>statement relating to the
Securities shall become effective, or any supplement to the Prospectus or any amended Prospectus or any Issuer Free Writing
Prospectus shall have been filed, (ii)&nbsp;of the receipt of any comments from the Commission, (iii)&nbsp;of any request by
the Commission for any amendment to the Registration Statement or the filing of a new registration statement or any amendment
or supplement to the Prospectus or any document incorporated or deemed to be incorporated by reference or otherwise deemed to
be a part of or included in any of the foregoing (including, without limitation, pursuant to Rule&nbsp;430B) or for
additional information, (iv)&nbsp;of the issuance by the Commission of any stop order suspending the effectiveness of the
Registration Statement or such new registration statement or of any order preventing or suspending the use of any preliminary
prospectus, or of the suspension of the qualification of the Securities for offering or sale in any jurisdiction, or of the
initiation or threatening of any proceedings for any of such purposes or of any examination pursuant to
Section&nbsp;8(d)&nbsp;or Section&nbsp;8(e)&nbsp;of the 1933 Act concerning the Registration Statement or any such new
registration statement, or (v)&nbsp;if the Company becomes the subject of a proceeding under Section&nbsp;8A of the 1933 Act
in connection with the offering of the Securities. The Company will effect the filings required under Rule&nbsp;424(b), in
the manner and within the time period required by Rule&nbsp;424(b)&nbsp;(without reliance on Rule&nbsp;424(b)(8)), and, if
applicable, will take such steps as it deems necessary to ascertain promptly whether the form of prospectus supplement or
prospectus transmitted for filing under Rule&nbsp;424(b)&nbsp;was received for filing by the Commission and, in the event
that it was not, it will promptly file such prospectus supplement or prospectus, as the case may be. The Company will make
every reasonable effort to prevent the issuance of any stop order and, if any stop order is issued, to obtain the lifting
thereof at the earliest possible moment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Filing
of Amendments</I>. The Company will give the Representatives notice of its intention to file or prepare any amendment to the Registration
Statement or new registration statement relating to the Securities or any amendment, supplement or revision to either any preliminary
prospectus (including any prospectus included in the Registration Statement or amendment thereto at the time it became effective)
or to the Prospectus, whether pursuant to the 1933 Act, the 1934 Act or otherwise, will furnish the Representatives with copies
of any such documents a reasonable amount of time prior to such proposed filing or use, as the case may be, and will not file or
use any such document to which the Representatives or counsel for the Underwriters shall object. The Company has given the Representatives
notice of any filings made pursuant to the 1934 Act or 1934 Act Regulations within 48 hours prior to the Applicable Time; the Company
will give the Representatives notice of its intention to make any such filing from the Applicable Time through the Closing Time
and will furnish the Representatives with copies of any such documents a reasonable amount of time prior to such proposed filing
and will not file or use any such document to which the Representatives or counsel for the Underwriters shall object.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 23; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Issuer
Free Writing Prospectuses</I>. The Company represents and agrees that, unless it obtains the prior consent of the
Representatives, and each Underwriter, severally and not jointly, represents and agrees that, unless it obtains the prior
consent of the Company and the Representatives, it has not made and will not make any offer relating to the Securities that
would constitute an &#8220;issuer free writing prospectus,&#8221; as </FONT>defined in Rule&nbsp;433, or that would otherwise
constitute a &#8220;free writing prospectus,&#8221; as defined in Rule&nbsp;405, required to be filed with the Commission,
except that the Underwriters may use a free writing prospectus containing the information contained in the Pricing Term
Sheet. Any such free writing prospectus consented to by the Company and the Representatives is hereinafter referred to as a
 &#8220;Permitted Free Writing Prospectus&#8221; and, for purposes of clarity, the parties hereby agree that each Issuer
General Use Free Writing Prospectus listed on Schedule&nbsp;D hereto (if any) is a Permitted Free Writing Prospectus. The
Company represents that it has treated or agrees that it will treat each Permitted Free Writing Prospectus as an
 &#8220;issuer free writing prospectus,&#8221; as defined in Rule&nbsp;433, and has complied and will comply with the
requirements of Rule&nbsp;433 applicable to any Permitted Free Writing Prospectus, including timely filing with the
Commission where required, legending and record keeping.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Delivery
of Registration Statement</I>. The Company has furnished or will deliver to the Representatives and counsel for the Underwriters,
without charge, as many signed and conformed copies of the Registration Statement as originally filed and of each amendment thereto
(including exhibits filed therewith or incorporated by reference therein and documents incorporated or deemed to be incorporated
by reference therein) as the Representatives and counsel for the Underwriters may reasonably request. The copies of the Registration
Statement and each amendment thereto furnished to the Underwriters will be identical to the electronically transmitted copies thereof
filed with the Commission pursuant to EDGAR, if any, except to the extent permitted by Regulation S&#45;T.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Delivery
of Prospectuses</I>. The Company has delivered to each Underwriter, without charge, as many copies of each preliminary prospectus,
if any, as such Underwriter reasonably requested, and the Company has delivered to each Underwriter, without charge, as many copies
of each Issuer Free Writing Prospectus, if any, as such Underwriter reasonably requested, and the Company hereby consents to the
use of such copies for purposes permitted by the 1933 Act. The Company will furnish to each Underwriter, without charge, during
the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act (or would be required to be delivered
upon request by a purchaser pursuant to Rule&nbsp;173 under the 1933&nbsp;Act), such number of copies of the Prospectus (as amended
or supplemented) as such Underwriter may reasonably request in writing (which may be by email). The Prospectus and any amendments
or supplements thereto furnished to the Underwriters will be identical to the electronically transmitted copies thereof filed with
the Commission pursuant to EDGAR, except to the extent permitted by Regulation S&#45;T.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 24; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Continued
Compliance with Securities Laws</I>. The Company will comply with the 1933 Act and the 1933 Act Regulations and the 1934 Act
and the 1934 Act Regulations and the 1939 Act and the 1939 Act Regulations so as to permit the completion of the distribution
of the Securities as contemplated in this Agreement and in the General Disclosure Package and the Prospectus. If at any time
when a prospectus is required by the 1933 Act to be delivered (or would be required to be delivered upon request by a
purchaser pursuant to Rule&nbsp;173 under the 1933&nbsp;Act) in connection with sales of the Securities, any event shall
occur or condition shall exist as a result of which it is </FONT>necessary, in the opinion of counsel for the Underwriters or
for the Company, to amend the Registration Statement or amend or supplement the Prospectus in order that the Prospectus will
not include any untrue statements of a material fact or omit to state a material fact necessary in order to make the
statements therein not misleading in the light of the circumstances existing at the time it is delivered to a purchaser, or
if it shall be necessary, in the opinion of any such counsel, at any such time to amend the Registration Statement or to file
a new registration statement relating to the Securities or amend or supplement the Prospectus in order to comply with the
requirements of the 1933 Act or the 1933 Act Regulations, the Company will promptly prepare and file with the Commission,
subject to Section&nbsp;3(b), such amendment, supplement or new registration statement as may be necessary to correct such
statement or omission or to make the Registration Statement or the Prospectus comply with such requirements, the Company will
use its best efforts to have such amendment or new registration statement declared effective as soon as practicable (if it is
not an automatic shelf registration statement with respect to the Securities), and the Company will furnish to the
Underwriters such number of copies of such amendment, supplement or new registration statement as the Underwriters may
reasonably request. If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event
or development as a result of which such Issuer Free Writing Prospectus conflicted or would conflict with the information
contained in the Registration Statement (or any other registration statement relating to the Securities) or the Statutory
Prospectus or any other preliminary prospectus, the Company will promptly notify the Representatives and will promptly cease
use of such Issuer Free Writing Prospectus or amend or supplement, at its own expense, such Issuer Free Writing Prospectus to
eliminate or correct such conflict. If at any time following issuance of an Issuer Free Writing Prospectus there occurred or
occurs an event or development as a result of which such Issuer Free Writing Prospectus included or would include an untrue
statement of a material fact or omitted or would omit to state a material fact necessary in order to make the statements
therein, in the light of the circumstances prevailing at that subsequent time, not misleading, the Company will promptly
notify the Representatives and will promptly cease use of such Issuer Free Writing Prospectus and amend or supplement, at its
own expense, either (a)&nbsp;such Issuer Free Writing Prospectus or (b)&nbsp;the Statutory Prospectus and the Prospectus, to
eliminate or correct such conflict, untrue statement or omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Blue
Sky Qualifications</I>. The Company will use its best efforts, in cooperation with the Underwriters, to qualify the Securities
for offering and sale under the applicable securities laws of such states and other jurisdictions of the United States as the Representatives
may designate and to maintain such qualifications in effect for a period of not less than one year from the date hereof; <I>provided</I>,
<I>however</I>, that the Company shall not be obligated to file any general consent to service of process or to qualify as a foreign
corporation or as a dealer in securities in any jurisdiction in which it is not so qualified or to subject itself to taxation in
respect of doing business in any jurisdiction in which it is not otherwise so subject. In each jurisdiction in which the Securities
have been so qualified, the Company will file such statements and reports as may be required by the laws of such jurisdiction to
continue such qualification in effect for a period of not less than one year from the date hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(h)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Rule&nbsp;158</I>.
The Company will timely file such reports pursuant to the 1934 Act as are necessary in order to make generally available to its
security holders as soon as practicable an earnings statement for the purposes of, and to provide to the Underwriters the benefits
contemplated by, the last paragraph of Section&nbsp;11(a)&nbsp;of the 1933 Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 25; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Use
of Proceeds</I>. The Company will use the net proceeds received by it from the sale of the Securities in the manner specified in
the Prospectus under &#8220;Use of Proceeds.&#8221;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(j)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Reporting
Requirements</I>. The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934
Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required
by the 1934 Act and the 1934 Act Regulations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(k)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Notice
of Inability to Use Automatic Shelf Registration Statement Form</I>. If at any time when Securities remain unsold by the Underwriters
the Company receives from the Commission a notice pursuant to Rule&nbsp;401(g)(2)&nbsp;or otherwise ceases to be eligible to use
the automatic shelf registration statement form, the Company will (i)&nbsp;promptly notify the Representatives, (ii)&nbsp;promptly
file a new registration statement or post-effective amendment to the Registration Statement on the proper form relating to the
Securities, in a form satisfactory to the Representatives, (iii)&nbsp;use its best efforts to cause such new registration statement
or post-effective amendment to be declared effective and (iv)&nbsp;promptly notify the Representatives of such effectiveness. The
Company will take all other action necessary or appropriate to permit the public offering and sale of the Securities to continue
as contemplated in the registration statement that was the subject of the Rule&nbsp;401(g)(2)&nbsp;notice or for which the Company
has otherwise become ineligible. References herein to the Registration Statement shall include such new registration statement
or post-effective amendment, as the case may be.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(l)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Filing
Fees</I>. The Company shall pay the required Commission filing fees relating to the Securities within the time required by Rule&nbsp;456(b)(1)&nbsp;of
the 1933 Act Regulations without regard to the proviso therein and otherwise in accordance with Rules&nbsp;456(b)&nbsp;and 457(r)&nbsp;of
the 1933 Act Regulations (including, if applicable, by updating the &#8220;Calculation of Registration Fee&#8221; table in accordance
with Rule&nbsp;456(b)(1)(ii)&nbsp;either in a post-effective amendment to the Registration Statement or on the cover page&nbsp;of
the Prospectus filed pursuant to Rule&nbsp;424(b)).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(m)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Pricing
Term Sheet</I>. The Company will prepare a final pricing term sheet containing a description of the final terms of the Securities,
in a form approved by the Representatives and containing the information in Schedule&nbsp;C hereto, and will file such term sheet
pursuant to Rule&nbsp;433(d)&nbsp;under the 1933 Act within the time period required by such rule&nbsp;(such term sheet, the &#8220;Pricing
Term Sheet&#8221;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(n)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Restriction
on Sale of Securities</I>. During the period beginning on the date of this Agreement through and including the Closing Time,
the Company will not, without the prior written consent of the Representatives, directly or indirectly, offer, </FONT>pledge,
sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option,
right or warrant to purchase, or otherwise transfer or dispose of, any debt securities of the Company or any securities
convertible into or exercisable or exchangeable for any debt securities of the Company (except for the Securities sold to the
Underwriters pursuant to this Agreement) or file any registration statement under the 1933 Act with respect to any of the
foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 26; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(o)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>No
Stabilization</I>. Neither the Company nor its affiliates, nor any persons acting on any of their behalf, has taken or will take,
directly or indirectly, any action designed to cause or to result in, or that has caused or resulted or which might reasonably
be expected to cause or result in, the stabilization in violation of applicable laws or manipulation of the price of any debt security
of the Company to facilitate the sale or resale of any Securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(p)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Clearstream/Euroclear</I>.
The Company will assist the Representatives in arranging for the Securities to be eligible for clearance and settlement through
the facilities of Clearstream and Euroclear and maintain such eligibility for so long as the Securities remain outstanding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(q)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Listing</I>.
The Company will use its commercially reasonable efforts to cause the Securities to be listed on the New York Stock Exchange within
30 days after the date of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;4. <U>Payment of Expenses</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Expenses</I>.
The Company will pay all expenses incident to the performance of its obligations under this Agreement, including (i)&nbsp;the
word processing, printing and filing of the Registration Statement (including financial statements and exhibits) as
originally filed and of each amendment thereto, (ii)&nbsp;the printing and delivery to the Underwriters of this Agreement, a
Canadian &#8220;wrapper&#8221; (if applicable) and such other documents as may be required in connection with the offering,
purchase, sale, issuance or delivery of the Securities, (iii)&nbsp;the preparation, issuance and delivery of the certificates
for the Global Securities, including any transfer taxes or other duties payable upon the sale of the Securities to the
Underwriters, (iv)&nbsp;the fees and disbursements of the Company&#8217;s counsel, accountants and other advisors,
(v)&nbsp;the qualification of the Securities under securities laws in accordance with the provisions of
Section&nbsp;3(g)&nbsp;hereof and, if applicable, the preparation of a Canadian &#8220;wrapper,&#8221; including filing fees
and the reasonable fees and disbursements of counsel for the Underwriters in connection therewith and in connection with the
preparation of the Blue Sky Survey and any supplement thereto and, if applicable, such Canadian &#8220;wrapper,&#8221;
(vi)&nbsp;the printing and delivery to the Underwriters of copies of each preliminary prospectus, any Permitted Free Writing
Prospectus and the Prospectus and any amendments or supplements thereto and any costs associated with the electronic delivery
of any of the foregoing to the Underwriters, (vii)&nbsp;the preparation, printing and delivery to the Underwriters of copies
of the Blue Sky Survey and any supplement thereto, (viii)&nbsp;the fees and expenses of any transfer agent or registrar for
the Securities, (ix)&nbsp;if required, the filing fees incident to, and the reasonable fees and disbursements of counsel to
the Underwriters (such fees and disbursements not to exceed $10,000) in connection with, the review, if any, by the Financial
Industry Regulatory Authority,&nbsp;Inc. (the &#8220;FINRA&#8221;) of the terms of the sale of the Securities, </FONT>(x)&nbsp;the
fees and expenses of the Trustee, the Agent and the common depositary, including, if required, the fees and disbursements of
counsel in connection with the Indenture, the Agency Agreement and the Securities, (xi)&nbsp;any fees payable to securities
rating agencies in connection with the rating of the Securities, (xii)&nbsp;the fees (including, but not limited to, any
application fees) and expenses incurred in connection with the application, approval and admittance of the Securities for
book-entry transfer by Clearstream and Euroclear, and (xiii)&nbsp;the fees and expenses incurred in connection with listing
of the Securities on the New York Stock Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 27; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Termination
of Agreement</I>. If this Agreement is terminated by the Representatives in accordance with the provisions of Section&nbsp;5 or
Section&nbsp;9(a)(i)&nbsp;or 9(a)(v)&nbsp;hereof, the Company shall reimburse the Underwriters for all of their out&#45;of&#45;pocket
expenses, including the reasonable fees and disbursements of counsel for the Underwriters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Pro
Rata Expenses</I>. Each Underwriter agrees to pay the portion of such expenses payable by the Underwriters represented by such
Underwriter&#8217;s pro rata share (based on the proportion that the principal amount of Securities set forth opposite such Underwriter&#8217;s
name in Schedule A hereto bears to the aggregate principal amount of Securities set forth opposite the names of all Underwriters)
of the offering and sale of the Securities (with respect to each Underwriter, the &#8220;Pro Rata Expenses&#8221;). Notwithstanding
anything contained in the International Capital Market Association Primary Market Handbook, each Underwriter hereby agrees that
the Settlement Lead Manager (as defined in Section&nbsp;15 hereof) may allocate the Pro Rata Expenses to the account of such Underwriter
for settlement of accounts (including payment of such Underwriter&#8217;s fees by the Settlement Lead Manager) as soon as practicable
but in any case no later than 90 days following the Closing Time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;5. <U>Conditions of Underwriters&#8217;
Obligations</U>. The obligations of the several Underwriters hereunder are subject to the accuracy of the representations and warranties
of the Company contained in Section&nbsp;1 hereof and in certificates of any officer of the Company or any subsidiary of the Company
delivered pursuant to the provisions hereof, to the performance by the Company of its covenants and other obligations hereunder,
and to the following further conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Effectiveness
of Registration Statement</I>. The Registration Statement has become effective and at Closing Time no stop order suspending
the effectiveness of the Registration Statement shall have been issued under the 1933 Act or proceedings therefor initiated
or threatened by the Commission, and any request on the part of the Commission for additional information shall have been
complied with to the reasonable satisfaction of counsel to the Underwriters. The Company shall not have received from the
Commission any notice pursuant to Rule&nbsp;401(g)(2)&nbsp;objecting to the use of the automatic shelf registration statement
form. The Prospectus containing the Rule&nbsp;430B Information shall have been filed with the Commission in the manner and
within the time period required by Rule&nbsp;424(b)&nbsp;(without reliance on Rule&nbsp;424(b)(8)). The Pricing Term Sheet
and all other Issuer General Use Free Writing Prospectuses, if any, have been filed, and all Issuer Limited Use Free Writing
Prospectuses, if any, have, if required by the 1933 Act Regulations, also been filed with the Commission in the manner and
within the time period required by Rule&nbsp;433. The Company shall have paid the required Commission filing fees relating to
the Securities within the time period required by Rule&nbsp;456(b)(1)&nbsp;of </FONT>the 1933 Act Regulations without regard
to the proviso therein and otherwise in accordance with Rules&nbsp;456(b)&nbsp;and 457(r)&nbsp;of the 1933 Act Regulations
and, if applicable, shall have updated the &#8220;Calculation of Registration Fee&#8221; table in accordance with
Rule&nbsp;456(b)(1)(ii)&nbsp;either in a post-effective amendment to the Registration Statement or on the cover page&nbsp;of
the Prospectus filed pursuant to Rule&nbsp;424(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 28; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Opinions
of Counsel for Company</I>. At Closing Time, (i)&nbsp;the Representatives shall have received the favorable opinions, dated as
of Closing Time, of Latham&nbsp;&amp; Watkins&nbsp;LLP, counsel for the Company, Michael R. Pfeiffer, Executive Vice President,
Chief Administrative Officer, General Counsel and Secretary of the Company, and Venable&nbsp;LLP, Maryland counsel to the Company,
each in form and substance satisfactory to counsel for the Underwriters, to the effect set forth in Exhibits&nbsp;A, B and C hereto,
respectively, and to such further effect as counsel to the Underwriters may reasonably request pursuant to Section&nbsp;5(h); and
(ii)&nbsp;if such Maryland counsel shall deliver a Separate Opinion (as defined in the last paragraph of Exhibit&nbsp;C hereto),
the Representatives shall have received such Separate Opinion, which shall comply with the requirements of the last paragraph of
Exhibit&nbsp;C.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Opinion
of Counsel for the Underwriters</I>. At Closing Time, the Representatives shall have received the favorable opinion, dated as of
Closing Time, of Sidley Austin <FONT STYLE="font-variant: small-caps">llp</FONT>, counsel for the Underwriters, with respect to
this Agreement, the Indenture, the Securities, the Registration Statement, the General Disclosure Package and the Prospectus and
such other matters as you may reasonably request. In giving such opinion such counsel may rely, as to all matters arising under
or governed by the laws of the State of Maryland, upon the opinion of Venable&nbsp;LLP delivered pursuant to Section&nbsp;5(b)&nbsp;and,
as to all matters governed by the laws of other jurisdictions (other than the law of the State of New York and the federal law
of the United States) upon the opinions of counsel satisfactory to the Representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Officers</I>&#8217;
<I>Certificate</I>. At Closing Time, there shall not have been, since the date hereof or since the respective dates as of which
information is given in the General Disclosure Package or the Prospectus, any material adverse change in the condition, financial
or otherwise, or in the earnings, business affairs, financial prospects or business prospects of the Company and its subsidiaries
considered as one enterprise, whether or not arising in the ordinary course of business, and the Representatives shall have received
a certificate of the Chairman, the President, the Chief Administrative Officer or the General Counsel of the Company and of the
chief financial officer, principal financial officer or chief accounting officer of the Company, dated as of Closing Time, to the
effect that (i)&nbsp;there has been no such material adverse change, (ii)&nbsp;the representations and warranties in Section&nbsp;1
hereof are true and correct with the same force and effect as though expressly made at and as of Closing Time, (iii)&nbsp;the Company
has complied with all agreements and satisfied all conditions on its part to be performed or satisfied under this Agreement at
or prior to Closing Time, and (iv)&nbsp;no stop order suspending the effectiveness of the Registration Statement nor any notice
pursuant to Rule&nbsp;401(g)(2)&nbsp;objecting to the use of the automatic shelf registration statement form has been issued and
no proceedings for that purpose have been initiated or, to the best of their knowledge, threatened by the Commission.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 29; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Company
Accountant</I>&#8217;<I>s Comfort Letter</I>. (i)&nbsp;At the time of the execution of this Agreement, the Representatives shall
have received from KPMG&nbsp;LLP a letter, dated such date, in form and substance satisfactory to the Representatives, together
with signed or reproduced copies of such letter for each of the Underwriters, containing statements and information of the type
ordinarily included in accountants&#8217; &#8220;comfort letters&#8221; to underwriters with respect to the Company&#8217;s financial
statements and certain financial information contained in the Registration Statement, the Statutory Prospectus and the Prospectus;
and (ii)&nbsp;at the Closing Time the Representatives shall have received from KPMG&nbsp;LLP a letter, dated as of Closing Time,
to the effect that they reaffirm the statements made in the letter furnished pursuant to clause&nbsp;(i)&nbsp;of this subsection&nbsp;(e)&nbsp;of
this Section, except that the specified date referred to therein shall be a date not more than three business days prior to Closing
Time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Accounting
Officer&#8217;s Certificate</I>. At the time of the execution of this Agreement, the Representatives shall have received a certificate,
in form and substance satisfactory to the Representatives, signed by the chief financial officer, principal financial officer or
chief accounting officer of the Company, acting solely in his or her capacity as such officer, certifying as to the accuracy of
certain financial information included in the Registration Statement, the Statutory Prospectus and/or the Prospectus.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Rating
Requirement</I>. The Securities shall have credit ratings and outlooks from Moody&#8217;s Investors Service&nbsp;Inc. (&#8220;Moody&#8217;s&#8221;)
and Standard&nbsp;&amp; Poor&#8217;s (&#8220;S&amp;P&#8221;) at the Closing Time that are the same as or better than the respective
ratings and outlooks set forth in the Pricing Term Sheet filed with the Commission on the date hereof, and the Company shall have
delivered to the Representatives a letter, dated the Closing Time, from each such rating agency, or other evidence satisfactory
to the Representatives, confirming that the Securities have such ratings.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(h)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Additional
Documents</I>. At the Closing Time, counsel for the Underwriters shall have been furnished with such documents and opinions as
they may reasonably require for the purpose of enabling them to pass upon the issuance and sale of the Securities as herein contemplated,
or in order to evidence the accuracy of any of the representations or warranties, or the fulfillment of any of the conditions,
herein contained; and all proceedings taken by the Company in connection with the issuance and sale of the Securities as herein
contemplated shall be satisfactory in form and substance to the Representatives and counsel for the Underwriters.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Termination
of Agreement</I>. If any condition specified in this Section&nbsp;shall not have been fulfilled when and as required to be fulfilled,
this Agreement may be terminated by the Representatives by notice to the Company at any time at or prior to Closing Time, and such
termination shall be without liability of any party to any other party except as provided in Section&nbsp;4 and except that Sections
6, 7, 13, 14, 15, 18, 19 and 21 shall survive any such termination and remain in full force and effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(j)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Agency
Agreement</I>. The Agency Agreement shall have been executed and delivered by the parties thereto, shall be reasonably
satisfactory to the </FONT>Representatives in form and substance, and shall be in full force and effect and the
Representatives shall have received an executed copy of the Agency Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(k)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Clearstream/Euroclear</I>.
The Securities shall be eligible for clearance and settlement through the facilities of Clearstream and Euroclear.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 30; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;6. <U>Indemnification</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Indemnification
of Underwriters</I>. The Company agrees to indemnify and hold harmless each Underwriter, each person that is an affiliate or a
selling agent of any Underwriter and that is involved in the offering or sale of the Securities, and each person, if any, who controls
any Underwriter within the meaning of Section&nbsp;15 of the 1933 Act or Section&nbsp;20 of the 1934 Act as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">against
any and all loss, liability, claim, damage and expense whatsoever, as incurred, arising out of any untrue statement or alleged
untrue statement of a material fact contained in the Registration Statement (or any amendment thereto), including, without limitation,
the Rule&nbsp;430B Information, or the omission or alleged omission therefrom of a material fact required to be stated therein
or necessary to make the statements therein not misleading or arising out of any untrue statement or alleged untrue statement of
a material fact included in any preliminary prospectus, any Issuer Free Writing Prospectus, the General Disclosure Package (or
any part thereof) or the Prospectus (or any amendment or supplement thereto), or the omission or alleged omission therefrom of
a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made,
not misleading;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">against
any and all loss, liability, claim, damage and expense whatsoever, as incurred, to the extent of the aggregate amount paid in settlement
of any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or of any claim
whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission, provided that (subject
to Section&nbsp;6(d)&nbsp;below) any such settlement is effected with the written consent of the Company; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">against
any and all expense whatsoever, as incurred (including the fees and disbursements of counsel chosen by the Representatives), reasonably
incurred in investigating, preparing or defending against any litigation, or any investigation or proceeding by any governmental
agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue statement or omission, or any such
alleged untrue statement or omission, to the extent that any such expense is not paid under (i)&nbsp;or (ii)&nbsp;above;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>provided</I>, <I>however</I>, that this indemnity agreement
shall not apply to any loss, liability, claim, damage or expense to the extent arising out of any untrue statement or omission
or alleged untrue statement or omission made in reliance upon and in conformity with written information furnished to the Company
by any Underwriter through the Representatives expressly for use in the Registration Statement (or any amendment thereto) or any
preliminary prospectus, any Issuer Free Writing Prospectus or the Prospectus (or any amendment or supplement thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 31; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Indemnification
of Company, Directors and Officers</I>. Each Underwriter, severally and not jointly, agrees to indemnify and hold harmless the
Company, its directors, each of its officers who signed the Registration Statement, and each person, if any, who controls the Company
within the meaning of Section&nbsp;15 of the 1933 Act or Section&nbsp;20 of the 1934 Act against any and all loss, liability, claim,
damage and expense described in the indemnity contained in subsection&nbsp;(a)&nbsp;of this Section, as incurred, but only with
respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or any
amendment thereto), including, without limitation, the Rule&nbsp;430B Information, or any preliminary prospectus, any Issuer Free
Writing Prospectus, the General Disclosure Package (or any part thereof) or the Prospectus (or any amendment or supplement thereto)
in reliance upon and in conformity with written information furnished to the Company by such Underwriter through the Representatives
expressly for use therein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Actions
against Parties; Notification</I>. Each indemnified party shall give notice as promptly as reasonably practicable to each indemnifying
party of any action commenced against it in respect of which indemnity may be sought hereunder, but failure to so notify an indemnifying
party shall not relieve such indemnifying party from any liability hereunder to the extent it is not materially prejudiced as a
result thereof and in any event shall not relieve it from any liability which it may have otherwise than on account of this indemnity
agreement. In the case of parties indemnified pursuant to Section&nbsp;6(a)&nbsp;above, counsel to the indemnified parties shall
be selected by the Representatives, and, in the case of parties indemnified pursuant to Section&nbsp;6(b)&nbsp;above, counsel to
the indemnified parties shall be selected by the Company. An indemnifying party may participate at its own expense in the defense
of any such action; <I>provided</I>, <I>however</I>, that counsel to the indemnifying party shall not (except with the consent
of the indemnified party) also be counsel to the indemnified party. In no event shall the indemnifying parties be liable for fees
and expenses of more than one counsel (in addition to any local counsel) separate from their own counsel for all indemnified parties
in connection with any one action or separate but similar or related actions in the same jurisdiction arising out of the same general
allegations or circumstances. No indemnifying party shall, without the prior written consent of the indemnified parties, settle
or compromise or consent to the entry of any judgment with respect to any litigation, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, or any claim whatsoever in respect of which indemnification or contribution
could be sought under this Section&nbsp;6 or Section&nbsp;7 hereof (whether or not the indemnified parties are actual or potential
parties thereto), unless such settlement, compromise or consent (i)&nbsp;includes an unconditional release of each indemnified
party from all liability arising out of such litigation, investigation, proceeding or claim and (ii)&nbsp;does not include a statement
as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Settlement
without Consent if Failure to Reimburse</I>. If at any time an indemnified party shall have requested an indemnifying party
to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable
for any settlement of the nature contemplated by Section&nbsp;6(a)(ii)&nbsp;hereof effected without its written consent if
(i)&nbsp;such settlement is entered into more than 60 days after receipt by such indemnifying party of the aforesaid request,
(ii)&nbsp;such indemnifying party shall have received notice of the terms of such settlement at least 45 days prior to such
settlement being entered into </FONT>and (iii)&nbsp;such indemnifying party shall not have reimbursed such indemnified party
in accordance with such request prior to the date of such settlement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 32; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;7. <U>Contribution</U>. If
the indemnification provided for in Section&nbsp;6 hereof is for any reason unavailable to or insufficient to hold harmless an
indemnified party in respect of any losses, liabilities, claims, damages or expenses referred to therein, then each indemnifying
party shall contribute to the aggregate amount of such losses, liabilities, claims, damages and expenses incurred by such indemnified
party, as incurred, (i)&nbsp;in such proportion as is appropriate to reflect the relative benefits received by the Company on the
one hand and the Underwriters on the other hand from the offering of the Securities pursuant to this Agreement or (ii)&nbsp;if
the allocation provided by clause&nbsp;(i)&nbsp;is not permitted by applicable law, in such proportion as is appropriate to reflect
not only the relative benefits referred to in clause&nbsp;(i)&nbsp;above but also the relative fault of the Company on the one
hand and of the Underwriters on the other hand in connection with the statements or omissions which resulted in such losses, liabilities,
claims, damages or expenses, as well as any other relevant equitable considerations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The relative benefits received by the Company
on the one hand and the Underwriters on the other hand in connection with the offering of the Securities pursuant to this Agreement
shall be deemed to be in the same respective proportions as the total net proceeds from the offering of the Securities pursuant
to this Agreement (before deducting expenses) received by the Company and the total underwriting discount received by the Underwriters,
in each case as set forth on the cover of the Prospectus bear to the aggregate initial public offering price of the Securities
as set forth on such cover.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The relative fault of the Company on the
one hand and the Underwriters on the other hand shall be determined by reference to, among other things, whether any such untrue
or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information
supplied by the Company or by the Underwriters and the parties&#8217; relative intent, knowledge, access to information and opportunity
to correct or prevent such statement or omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company and the Underwriters agree that
it would not be just and equitable if contribution pursuant to this Section&nbsp;7 were determined by pro rata allocation (even
if the Underwriters were treated as one entity for such purpose) or by any other method of allocation which does not take account
of the equitable considerations referred to above in this Section&nbsp;7. The aggregate amount of losses, liabilities, claims,
damages and expenses incurred by an indemnified party and referred to above in this Section&nbsp;7 shall be deemed to include any
legal or other expenses reasonably incurred by such indemnified party in investigating, preparing or defending against any litigation,
or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon
any such untrue or alleged untrue statement or omission or alleged omission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notwithstanding the provisions of this Section&nbsp;7,
no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Securities
underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages which such Underwriter
has otherwise been required to pay by reason of any such untrue or alleged untrue statement or omission or alleged omission.</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">No person guilty of fraudulent misrepresentation
(within the meaning of Section&nbsp;11(f)&nbsp;of the 1933 Act) shall be entitled to contribution from any person who was not guilty
of such fraudulent misrepresentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 33; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For purposes of this Section&nbsp;7, each
person that is an affiliate or a selling agent of any Underwriter and that is involved in the offering or sale of the Securities
and each person, if any, who controls any Underwriter within the meaning of Section&nbsp;15 of the 1933 Act or Section&nbsp;20
of the 1934 Act shall have the same rights to contribution as such Underwriter, and each director of the Company, each officer
of the Company who signed the Registration Statement, and each person, if any, who controls the Company within the meaning of Section&nbsp;15
of the 1933 Act or Section&nbsp;20 of the 1934 Act shall have the same rights to contribution as the Company. The Underwriters&#8217;
respective obligations to contribute pursuant to this Section&nbsp;7 are several in proportion to the aggregate principal amount
of Securities set forth opposite their respective names in Schedule&nbsp;A hereto and not joint.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;8. <U>Representations, Warranties
and Agreements to Survive Delivery</U>. All representations, warranties and agreements contained in this Agreement and in certificates
of officers of the Company submitted pursuant hereto shall remain operative and in full force and effect, regardless of any investigation
made by or on behalf of any Underwriter or any affiliate, selling agent or controlling person of any Underwriter, or by or on behalf
of the Company, and shall survive delivery of the Securities to the Underwriters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;9. <U>Termination of Agreement</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Termination;
General</I>. The Representatives may terminate this Agreement, by notice to the Company, at any time at or prior to Closing
Time (i)&nbsp;if in the reasonable judgment of the Representatives, there has been, since the time of execution of this
Agreement or since the respective dates as of which information is given in the Prospectus or the General Disclosure Package,
any material adverse change in the condition, financial or otherwise, or in the earnings, business affairs, financial
prospects or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in
the ordinary course of business, or (ii)&nbsp;if there has occurred any material adverse change in the financial markets in
the United States or the international financial markets, any outbreak of hostilities or escalation thereof or other calamity
or crisis or any change or development involving a prospective change in national or international political, financial or
economic conditions, in each case the effect of which is such as to make it, in the judgment of the Representatives,
impracticable or inadvisable to market the Securities or to enforce contracts for the sale of the Securities, or
(iii)&nbsp;if trading in any securities of the Company has been suspended or limited by the Commission, the New York Stock
Exchange or the Nasdaq Global Market, or if trading generally on the NYSE American or the New York Stock Exchange or the
London Stock Exchange plc or in the Nasdaq Global Market has been suspended or limited, or minimum or maximum prices for
trading have been fixed, or maximum ranges for prices have been required, by any of said exchanges or by such system or by
order of the Commission, the FINRA or any other governmental authority, or a material disruption has occurred in commercial
banking or securities settlement or clearance services in the United States, or (iv)&nbsp;if a banking moratorium has been
declared by either Federal, California, New York or United Kingdom authorities, or (v)&nbsp;if since the date of this
Agreement, </FONT>there has occurred a downgrading in the rating assigned to the Securities, any class or series of the
Company&#8217;s outstanding Preferred Stock, if any, or any of the Company&#8217;s other debt securities by any nationally
recognized securities rating agency, or any such securities rating agency has publicly announced that it has under
surveillance or review, with possible negative implications or without indicating the direction of the possible change, its
rating of the Securities, any class or series of Preferred Stock or any of the Company&#8217;s other debt securities, or
(vi)&nbsp;there shall have occurred an adverse change or a prospective adverse change since the date hereof in the U.S. or
United Kingdom taxation affecting the Securities or the transfer thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 34; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt"><I>Liabilities</I>.
If this Agreement is terminated pursuant to this Section, such termination shall be without liability of any party to any other
party except as provided in Section&nbsp;4 hereof, and provided further that Sections&nbsp;6, 7, 13, 14, 15, 18, 19 and 21 shall
survive such termination and remain in full force and effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;10. <U>Default by One or More
of the Underwriters</U>. If one or more of the Underwriters shall fail at the Closing Time to purchase the Securities which it
or they are obligated to purchase under this Agreement at such time (the &#8220;Defaulted Securities&#8221;), the Representatives
shall have the right, within 24 hours thereafter, to make arrangements for one or more of the non-defaulting Underwriters, or any
other underwriters, to purchase all, but not less than all, of the Defaulted Securities in such amounts as may be agreed upon and
upon the terms herein set forth; if, however, the Representatives shall not have completed such arrangements within such 24-hour
period, then:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">if
the aggregate principal amount of the Defaulted Securities does not exceed 10% of the aggregate principal amount of the Securities
set forth on Schedule&nbsp;A hereto, each of the non-defaulting Underwriters shall be obligated, severally and not jointly, to
purchase the full amount thereof in the proportions that their respective underwriting obligations hereunder bear to the underwriting
obligations of all non-defaulting Underwriters, or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">if
the aggregate principal amount of the Defaulted Securities exceeds 10% of the aggregate principal amount of the Securities set
forth on Schedule&nbsp;A hereto, this Agreement shall terminate without liability on the part of any non-defaulting Underwriter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">No action taken pursuant to this Section&nbsp;shall
relieve any defaulting Underwriter from liability in respect of its default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the event of any such default which does
not result in a termination of this Agreement, either the Representatives or the Company shall have the right to postpone the Closing
Time, for a period not exceeding seven days in order to effect any required changes in the Registration Statement or Prospectus
or in any other documents or arrangements. As used herein, the term &#8220;Underwriter&#8221; includes any person substituted for
an Underwriter under this Section&nbsp;10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;11. <U>Notices</U>. All
notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or
transmitted by any standard form of telecommunication. Notices to the Underwriters shall be directed to them c/o Barclays
Bank PLC, 5 The North Colonnade, Canary Wharf, London E14 4BB, United Kingdom Attention: Debt Syndicate, Tel: +44 20 7773
9098; Credit Suisse Securities (Europe) Limited, One Cabot Square. London E14 4QJ, United Kingdom Attention: DCM Transaction
Management, Tel: +44 20 7888 9171, Fax no.: +44 207 888 1600; and Goldman Sachs&nbsp;&amp; Co. LLC, 200 West Street, New
York, New York 10282, Attention: Registration Department; and notices to the Company shall be directed to it at Realty Income
Corporation, 11995 El Camino Real, San Diego, California 92130, attention of Legal Department.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 35; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;12. <U>Parties</U>. This Agreement
shall inure to the benefit of and be binding upon the Underwriters, including any substitute Underwriters pursuant to Section&nbsp;10
hereof, and the Company and their respective successors. Nothing expressed or mentioned in this Agreement is intended or shall
be construed to give any person, firm or corporation, other than the Underwriters and the Company and their respective successors
and the affiliates, selling agents, controlling persons and officers and directors referred to in Sections&nbsp;6 and 7 and their
heirs and legal representatives, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision
herein contained. This Agreement and all conditions and provisions hereof are intended to be for the sole and exclusive benefit
of the Underwriters and the Company and their respective successors, and said affiliates, selling agents, controlling persons and
officers and directors and their heirs and legal representatives, and for the benefit of no other person, firm or corporation.
No purchaser of Securities from any Underwriter shall be deemed to be a successor by reason merely of such purchase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;13. <U>Recognition of the U.S.
Special Resolution Regimes</U><I>.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&nbsp;In the event that any Underwriter
that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Underwriter
of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer
would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed
by the laws of the United States or a state of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&nbsp;In the event that any Underwriter
that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a proceeding under a U.S. Special Resolution
Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no
greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed
by the laws of the United States or a state of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For the purposes of this
Section&nbsp;13, a &#8220;BHC Act Affiliate&#8221; has the meaning assigned to the term &#8220;affiliate&#8221; in, and shall
be interpreted in accordance with, 12 U.S.C. &sect; 1841(k). &#8220;Covered Entity&#8221; means any of the following:
(i)&nbsp;a &#8220;covered entity&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &sect;
252.82(b); (ii)&nbsp;a &#8220;covered bank&#8221; as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 &sect; 47.3(b); or (iii)&nbsp;a &#8220;covered FSI&#8221; as that term is defined in, and interpreted in accordance with, 12
C.F.R. &sect; 382.2(b). &#8220;Default Right&#8221; has the meaning assigned to that term in, and shall be interpreted in
accordance with, 12 C.F.R. &sect;&sect; 252.81, 47.2 or 382.1, as applicable. &#8220;U.S. Special Resolution Regime&#8221;
means each of (i)&nbsp;the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii)&nbsp;Title II of
the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 36; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;14. <U>Contractual Recognition
of Bail-In.</U> Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements,
or understanding between any of the parties hereto, each of the parties acknowledges and accepts that a BRRD Liability of a BRRD
Party hereto arising under this Agreement may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority,
and acknowledges, accepts and agrees to be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
effect of the exercise of Bail-in Powers by the Relevant Resolution Authority in relation to any BRRD Liability of a BRRD Party,
that (without limitation) may include and result in any of the following, or some combination thereof:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
reduction of all, or a portion, of the BRRD Liability or outstanding amounts due thereon;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
conversion of all, or a portion, of the BRRD Liability into shares, other securities or other obligations of another person, and
the issue to or conferral on it of such shares, securities or obligations;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
cancellation of the BRRD Liability; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iv)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
amendment or alteration of any interest, if applicable, thereon, the maturity or the dates on which any payments are due, including
by suspending payment for a temporary period; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
variation of the terms of this Agreement, as deemed necessary by the Relevant Resolution Authority, to give effect to the exercise
of any Bail-in Powers by the Relevant Resolution Authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For the purposes of this Section&nbsp;14,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;Bail-in Legislation&#8221; means
in relation to the United Kingdom and a member state of the European Economic Area which has implemented, or which at any time
implements, the BRRD, the relevant implementing law, regulation, rule&nbsp;or requirement as described in the EU Bail-in Legislation
Schedule from time to time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;Bail-in Powers&#8221; means any Write-Down
and Conversion Powers as defined in the EU Bail-in Legislation Schedule, in relation to the relevant Bail-in Legislation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;BRRD&#8221; means Directive 2014/59/EU
establishing a framework for the recovery and resolution of credit institutions and investment firms;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;BRRD Liability&#8221; means a liability
in respect of which the relevant Write-Down and Conversion Powers in the applicable Bail-in Legislation may be exercised;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;BRRD Party&#8221; means any party
hereto that is subject to Bail-in Powers;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 37; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;EU Bail-in Legislation Schedule&#8221;
means the document described as such, then in effect, and published by the Loan Market Association (or any successor person) from
time to time at http://www.lma.eu.com/; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#8220;Relevant Resolution Authority&#8221;
means, in relation to any BRRD Party, the resolution authority with the ability to exercise any Bail-in Powers as defined in this
Section&nbsp;14.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;15. <U>ICMA Agreement Among
Managers</U>. The execution of this Agreement on behalf of all parties hereto will constitute the acceptance by each Underwriter
of the International Capital Market Association Standard Form&nbsp;Agreement Among Managers Version 1/ New York Law Schedule (the
 &#8220;AAM&#8221;) as amended herein and the Underwriters further agree that references in the AAM to the &#8220;Managers&#8221;
shall mean the Underwriters, references to &#8220;Lead Managers&#8221; shall mean the Representatives, references to the &#8220;Settlement
Lead Manager&#8221; shall mean Goldman, references to the &#8220;Stabilizing Manager&#8221; shall mean Goldman and references to
the &#8220;Subscription Agreement&#8221; shall mean this Agreement. As applicable to the Underwriters, Clause 3 of the AAM shall
be deemed to be deleted in its entirety and replaced with Section&nbsp;10 of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;16. <U>Stabilizing Manager</U>.
The Company hereby authorizes Goldman in its role as stabilizing manager (the &#8220;Stabilizing Manager&#8221;) to make adequate
public disclosure regarding stabilization of the information required in relation to such stabilization by Commission Delegated
Regulation (EU) 2016/1052 of 8 March&nbsp;2016. The Stabilizing Manager for its own account may, to the extent permitted by applicable
laws and directives, over-allot and effect transactions with a view to supporting the market price of the Securities at a level
higher than that which might otherwise prevail, but in doing so the Stabilizing Manager shall act as principal and not as agent
of the Company and any loss resulting from over-allotment and stabilization shall be borne, and any profit arising therefrom shall
be beneficially retained, by the Stabilizing Manager. However, there is no assurance that the Stabilizing Manager (or persons acting
on behalf of the Stabilizing Manager) will undertake any stabilization action. Any stabilizing action may begin on or after the
date on which adequate public disclosure of the terms of the Securities takes place and, if begun, may be discontinued at any time,
but must end no later than the earlier of 30 days after the issue date of the Securities and 60 days after the date of the allotment
of the Securities. Nothing contained in this paragraph shall be construed so as to require the Company to issue in excess of the
aggregate principal amount of Securities specified in Schedule A hereto. Such stabilization, if commenced, may be discontinued
at any time and shall be conducted by the Stabilizing Manager in accordance with all applicable laws and directives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 38; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;17. <U>Product Governance Rules</U>.
Solely for the purposes of the requirements of Article&nbsp;9(8)&nbsp;of the MiFID Product Governance rules&nbsp;under EU Delegated
Directive 2017/593, as amended (the &#8220;Product Governance Rules&#8221;) regarding the mutual responsibilities of manufacturers
under the Product Governance Rules:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">each
Underwriter which deems itself to be a manufacturer (each a &#8220;Manufacturer&#8221; and together, the
 &#8220;Manufacturers&#8221;) acknowledges to each other Manufacturer that it understands the responsibilities conferred upon
it under the Product Governance Rules&nbsp;relating to each of the product approval process, the target market and the
proposed </FONT>distribution channels as applying to the Securities and the related information set out in the Prospectus in
connection with the Securities; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">the
Company notes the application of the Product Governance Rules&nbsp;and acknowledges the target market and distribution channels
identified as applying to the Securities by the Manufacturers and the related information set out in the Prospectus in connection
with the Securities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;18. <U>Judgment Currency</U>.
If for the purposes of obtaining judgment in any court it is necessary to convert a sum due hereunder into any currency other than
United States dollars, the parties hereto agree, to the fullest extent permitted by law, that the rate of exchange used shall be
the rate at which in accordance with normal banking procedures the Underwriters could purchase United States dollars with such
other currency in The City of New York on the business day preceding that on which final judgment is given. The obligation of the
Company with respect to any sum due from the Company to any Underwriter or any person controlling any Underwriter or any affiliate
or selling agent of any Underwriter, as the case may be, shall, notwithstanding any judgment in a currency other than United States
dollars, not be discharged until the first business day following receipt by such Underwriter or controlling person or affiliate
or selling agent of such Underwriter of any sum in such other currency, and only to the extent that such Underwriter or controlling
person or affiliate or selling agent of such Underwriter may in accordance with normal banking procedures purchase United States
dollars with such other currency. If the United States dollars so purchased are less than the sum originally due to such Underwriter
or controlling person or affiliate or selling agent of such Underwriter, as the case may be, hereunder, the Company agrees, as
a separate obligation and notwithstanding any such judgment, to indemnify such Underwriter or controlling person or affiliate or
selling agent of such Underwriter against such loss. If the United States dollars so purchased are greater than the sum originally
due to such Underwriter or controlling person or affiliate or selling agent of such Underwriter hereunder, such Underwriter or
controlling person or affiliate or selling agent of such Underwriter, as the case may be, shall pay to the Company an amount equal
to the excess of the dollars so purchased over the sum originally due to such Underwriter or controlling person or affiliate or
selling agent of such Underwriter hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 39; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;19. <U>No Advisory or
Fiduciary Responsibility; Tax Disclosure</U>. (a)&nbsp;The Company acknowledges and agrees that: (i)&nbsp;the purchase and
sale of the Securities pursuant to this Agreement, including the determination of the public offering price of the Securities
and any related discounts and commissions, is an arm&#8217;s-length commercial transaction between the Company, on the one
hand, and the several Underwriters, on the other hand, and does not constitute a recommendation, investment advice, or
solicitation of any action by the Underwriters, and the Company is capable of evaluating and understanding and understands
and accepts the terms, risks and conditions of the transactions contemplated by this Agreement; (ii)&nbsp;in connection with
each transaction contemplated hereby and the process leading to such transaction each Underwriter is and has been acting
solely as a principal and is not the financial advisor, agent or fiduciary of the Company or its affiliates, stockholders,
creditors or employees or any other party; (iii)&nbsp;no Underwriter has assumed or will assume an advisory, agency or
fiduciary responsibility in favor of the Company or any of its subsidiaries or other affiliates with respect to any of the
transactions contemplated hereby or the process leading thereto (irrespective of whether such Underwriter has advised or is
currently advising the Company or any of its subsidiaries or other affiliates on other matters) and no Underwriter has any
obligation to the Company with respect to the offering contemplated hereby except the obligations expressly set forth in this
Agreement; (iv)&nbsp;the several Underwriters and their respective affiliates may be engaged in a broad range of transactions
that involve interests that differ from those of the Company and the several Underwriters have no obligation to disclose any
of such interests by virtue of any advisory, agency or fiduciary relationship; (v)&nbsp;the Underwriters have not provided
any legal, accounting, financial, regulatory, investment or tax advice with respect to the offering contemplated hereby and
the Company has consulted its own legal, accounting, financial, regulatory and tax advisors to the extent it deemed
appropriate; and (vi)&nbsp;none of the activities of the Underwriters in connection with the transactions contemplated herein
constitutes a recommendation, investment advice or solicitation of any action by the Underwriters with respect to any entity
or natural person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Notwithstanding
any other provision of this Agreement, immediately upon commencement of discussions with respect to the transactions contemplated
hereby, the Company (and each employee, representative or other agent of the Company) may disclose to any and all persons, without
limitation of any kind, the tax treatment and tax structure of the transactions contemplated by this Agreement and all materials
of any kind (including opinions or other tax analyses) that are provided to the Company relating to such tax treatment and tax
structure. For purposes of the foregoing, the term &#8220;tax treatment&#8221; is the purported or claimed federal income tax treatment
of the transactions contemplated hereby, and the term &#8220;tax structure&#8221; includes any fact that may be relevant to understanding
the purported or claimed federal income tax treatment of the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;20. <U>Integration</U>. This
Agreement supersedes all prior agreements and understandings (whether written or oral) between the Company and the several Underwriters,
or any of them, with respect to the subject matter hereof. The Company hereby waives and releases, to the fullest extent permitted
by law, any claims that the Company may have against the several Underwriters with respect to any breach or alleged breach of agency
or fiduciary duty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;21. <U>GOVERNING LAW AND TIME</U>.
THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN SAID STATE. EXCEPT AS
OTHERWISE SET FORTH HEREIN, SPECIFIED TIMES OF DAY REFER TO NEW YORK CITY TIME.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;22. <U>Waiver of Jury Trial</U>.
The Company hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in
any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 40; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">SECTION&nbsp;23. <U>Effect of Headings and
Table of Contents; Counterparts</U>. The Article&nbsp;and Section&nbsp;headings herein and the Table of Contents are for convenience
only and shall not affect the construction hereof. This Agreement may be executed in any number of counterparts, each of which
shall be deemed to be an original, but all such counterparts shall together constitute one and the same agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The words &#8220;execution,&#8221; &#8220;signed,&#8221;
 &#8220;signature,&#8221; and words of like import in this Agreement or in any instruments, agreements, certificates, legal opinions,
negative assurance letters or other documents entered into or delivered pursuant to or in connection with this Agreement shall
include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation,
 &#8220;pdf&#8221;, &#8220;tif&#8221; or &#8220;jpg&#8221;) and electronic signatures (including, without limitation, DocuSign and
AdobeSign) and, without limitation to the foregoing, this Agreement and any amendments or supplements hereto may be executed and
delivered by the parties by any of the foregoing means other than by DocuSign, AdobeSign or other electronic signatures. The use
of electronic means of transmittal and delivery, electronic signatures and electronic records (including, without limitation, any
contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same
legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the
fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the
New York State Electronic Signatures and Records Act and any other applicable law, including, without limitation, any state law
based on the Uniform Electronic Transactions Act or the Uniform Commercial Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[Signature Page&nbsp;Follows]</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 41; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD><TD STYLE="width: 33%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the foregoing is in accordance with your
understanding of our agreement, please sign and return to the Company a counterpart hereof, whereupon this instrument, along with
all counterparts, will become a binding agreement between the Underwriters and the Company in accordance with its terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 43%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">REALTY INCOME CORPORATION</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-size: 10pt">By:</FONT>&nbsp;&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Michael R. Pfeiffer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Michael R. Pfeiffer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Executive Vice President, Chief Administrative Officer, General Counsel and Secretary</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>





<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>CONFIRMED AND ACCEPTED,<BR>
as of the date first above written:</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%">By: </TD>
    <TD STYLE="width: 44%"><FONT STYLE="text-transform: uppercase">Barclays Bank PLC</FONT></TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 4%">By: </TD>
    <TD STYLE="width: 44%"><FONT STYLE="text-transform: uppercase">Credit Suisse Securities (Europe) Limited</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Emily Wilson</TD>
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Scott Roose</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name: Emily Wilson</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Scott Roose</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;Director</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;Managing Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>By: </TD>
    <TD><FONT STYLE="text-transform: uppercase">Goldman Sachs&nbsp;&amp; Co. LLC</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ David Anthony</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: David Anthony</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Raffael Fiumara</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name: Raffael Fiumara</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;&nbsp;Vice President</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">For themselves and as Representatives of the Underwriters listed in the signature pages&nbsp;hereto and named in Schedule&nbsp;A hereto.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">wells fargo securities, llc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Carolyn Hurley</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Carolyn Hurley</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">citigroup global markets limited</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Annabel Ballance</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Annabel Ballance</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Delegated Signatory</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">j.p. morgan securities plc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Marc Lewell</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Marc Lewell</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">merrill lynch international</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Hicham Hamdouch</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Hicham Hamdouch</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">mizuho international plc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Manabu Shibuya</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Manabu Shibuya</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Executive Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">rbc europe limited</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Elaine Murray</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Elaine Murray</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Duly Authorised Signatory</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">regions securities llc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Thomas Bove</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Thomas Bove</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Vice President</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">the toronto-dominion bank</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul Eustace</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Paul Eustace</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Authorised Signatory</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">u.s. bancorp investments, inc.</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Charles P. Carpenter</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Charles P. Carpenter</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Senior Vice President</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">bank of montreal, london branch</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Richard Couzens</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Richard Couzens</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director&nbsp;&amp; Head Global Markets, EMEA</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Edward Mizuhara</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Edward Mizuhara</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director, Debt Products</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">morgan stanley&nbsp;&amp; co. international plc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Rachel Holdstock</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Rachel Holdstock</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Vice President</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">scotiabank europe plc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ James Walter</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: James Walter</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Regional Director, Europe Legal</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Cesare Roselli</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Cesare Roselli</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">bny mellon capital markets, llc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Dan Klinger</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Dan Klinger</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">pnc capital markets llc</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Valerie Shadeck</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Valerie Shadeck</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">stifel nicolaus europe limited</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Don Johnston</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Don Johnston</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Managing Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">truist securities, inc.</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Robert Nordlinger</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Robert Nordlinger</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">ubs ag london branch</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Paul Mahony</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: P. Mahony</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Executive Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Alexandre Campargue</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Alexandre Campargue</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;&nbsp;Director</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">bnp paribas</FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Benedict Foster</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Benedict Foster</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title: Authorised Signatory</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Hugh Pryse-Davies</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name: Hugh Pryse-Davies</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title: &nbsp;&nbsp;Authorised Signatory</FONT></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature Page&nbsp;to Purchase Agreement]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Principal<BR>
 amount</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 86%; font-size: 10pt; text-align: left">Barclays Bank PLC&#9;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&pound;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">72,000,000</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Credit Suisse Securities (Europe) Limited&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">72,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Goldman Sachs&nbsp;&amp; Co. LLC&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">72,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Wells Fargo Securities, LLC&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">19,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Citigroup Global Markets Limited&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">J.P. Morgan Securities plc&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Merrill Lynch International&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Mizuho International plc&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">RBC Europe Limited&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Regions Securities LLC&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">The Toronto-Dominion Bank&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">13,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">U.S. Bancorp Investments,&nbsp;Inc.&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">12,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Bank of Montreal, London Branch&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">9,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Morgan Stanley&nbsp;&amp; Co. International plc&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">9,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Scotiabank Europe plc&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">9,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">BNY Mellon Capital Markets, LLC&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">6,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">PNC Capital Markets LLC&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">6,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Stifel Nicolaus Europe Limited&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">6,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Truist Securities,&nbsp;Inc.&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">6,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">UBS AG London Branch&#9;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">6,000,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt">BNP Paribas&#9;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">5,000,000</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 0.25in; font-size: 10pt; padding-bottom: 2.5pt">Total&#9;</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">&pound;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">400,000,000</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 62; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sch A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Pricing Schedule</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
initial public offering price for the Securities shall be 99.191% of the principal amount thereof, plus accrued interest, if any,
from and including October&nbsp;1, 2020 (the &#8220;Public Offering Price&#8221;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">The
purchase price to be paid for the Securities by the several Underwriters shall be 98.566% of the principal amount thereof (being
an amount equal to the Public Offering Price set forth above less underwriting discount of 0.625% of the principal amount thereof).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 63; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sch B-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE C</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Issuer Free Writing Prospectus<BR>
Filed Pursuant to Rule&nbsp;433<BR>
Registration No.&nbsp;333-228157<BR>
September&nbsp;23, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REALTY INCOME CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PRICING TERM SHEET</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">1.625% Notes due 2030</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This free writing prospectus relates only
to the securities described below and should be read together with Realty Income Corporation&#8217;s preliminary prospectus supplement
dated September&nbsp;23, 2020 (the &#8220;Preliminary Prospectus Supplement&#8221;), the accompanying prospectus dated November&nbsp;5,
2018 (the &#8220;Prospectus&#8221;) and the documents incorporated and deemed to be incorporated by reference therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%">Issuer:</TD>
    <TD STYLE="width: 75%">Realty Income Corporation (the &ldquo;Company&rdquo;)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Security:</TD>
    <TD>1.625% Notes due 2030 (the &ldquo;notes&rdquo;)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Trade Date:</TD>
    <TD>September&nbsp;23, 2020</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Expected Settlement Date:</TD>
    <TD>October&nbsp;1, 2020 (T+6)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Under rules&nbsp;of the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;), trades in the secondary market generally are required to settle in two business days, unless the parties to that trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes before the second business day prior to the settlement date specified above will be required, by virtue of the fact that the normal settlement date for that trade would occur prior to the closing date for the issuance of the notes, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisors with respect to these matters.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Offering Format:</TD>
    <TD>SEC registered</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Net Proceeds:</TD>
    <TD>Approximately &pound;394.3 million after deducting the underwriting discount but before deducting other estimated expenses payable by the Company.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Principal Amount:</TD>
    <TD>&pound;400,000,000</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Denominations:</TD>
    <TD>&pound;100,000 and integral multiples of &pound;1,000 in excess thereof</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Maturity Date:</TD>
    <TD>December&nbsp;15, 2030</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Day Count Convention:</TD>
    <TD>ACTUAL/ACTUAL (ICMA)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Interest Rate:</TD>
    <TD>1.625% per annum, accruing from October&nbsp;1, 2020</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Interest Payment Dates:</TD>
    <TD>Annually on December&nbsp;15, commencing December&nbsp;15, 2020</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Price to Public:</TD>
    <TD>99.191%, plus accrued interest, if any</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 64; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sch C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%">Benchmark Security:</TD>
    <TD STYLE="width: 75%">UKT 4.75% due 2030</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Benchmark Security Price/Yield:</TD>
    <TD>145.86+ / 0.205%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Spread to Benchmark Security:</TD>
    <TD>+ 150 basis points</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Semi-Annual Yield:</TD>
    <TD>1.705%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Annual Yield:</TD>
    <TD>1.712%</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Optional Redemption:</TD>
    <TD>Prior to September&nbsp;15, 2030 (the &ldquo;Par Call Date&rdquo;), the notes will be redeemable at any time in whole or from time to time in part at the option of the Company at a redemption price equal to the greater of: (a)&nbsp;100% of the principal amount of the notes to be redeemed, and (b)&nbsp;the sum of the present values of the remaining scheduled payments of principal of and interest on the notes to be redeemed (exclusive of interest accrued to the applicable redemption date), assuming the notes matured and that accrued and unpaid interest on the notes was payable on the Par Call Date, discounted to such redemption date on an annual basis (ACTUAL/ACTUAL (ICMA)) at the Comparable Government Bond Rate (as such term is defined under the caption &ldquo;Description of Notes&mdash;Optional Redemption&rdquo; in the Preliminary Prospectus Supplement) plus 25 basis points, plus, in the case of both clauses (a)&nbsp;and (b)&nbsp;above, accrued and unpaid interest on the principal amount of the notes being redeemed to such redemption date.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>On and after the Par Call Date, the notes will be redeemable at any time in whole or from time to time in part at the option of the Company at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest on the principal amount of the notes being redeemed to the applicable redemption date.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>See the information under the caption &ldquo;Description of Notes&mdash;Optional Redemption&rdquo; in the Preliminary Prospectus Supplement for further terms and provisions applicable to optional redemption of the notes.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Tax Redemption:</TD>
    <TD>The notes will be redeemable, in whole but not in part, at the option of the Company in the event of certain changes in United States taxation at a redemption price equal to 100% of the principal amount of the notes, plus accrued and unpaid interest to the applicable redemption date. See &quot;Description of Notes&mdash;Redemption for Changes in Taxes&quot; in the Preliminary Prospectus Supplement for further terms and provisions applicable to redemption of the notes under these circumstances.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>CUSIP</TD>
    <TD>756109 AY0</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>ISIN:</TD>
    <TD>XS2238341080</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Common Code:</TD>
    <TD>223834108</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Listing:</TD>
    <TD>The Company intends to apply to list the notes on the New York Stock Exchange.</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sch C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%"><B><U>Underwriters</U></B></TD>
    <TD STYLE="width: 75%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Joint Book-Running Managers:</TD>
    <TD>Barclays Bank PLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Credit Suisse Securities (Europe) Limited</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Goldman Sachs&nbsp;&amp; Co. LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Wells Fargo Securities, LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Citigroup Global Markets Limited</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>J.P. Morgan Securities plc</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Merrill Lynch International</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Mizuho International plc</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>RBC Europe Limited</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Regions Securities LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>The Toronto-Dominion Bank</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Lead Manager:</TD>
    <TD>U.S. Bancorp Investments,&nbsp;Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Senior Co-Managers:</TD>
    <TD>Bank of Montreal, London Branch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Morgan Stanley&nbsp;&amp; Co. International plc</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Scotiabank Europe plc</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Co-Managers:</TD>
    <TD>BNY Mellon Capital Markets, LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>PNC Capital Markets LLC</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Stifel Nicolaus Europe Limited</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Truist Securities,&nbsp;Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>UBS AG London Branch</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>BNP Paribas</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stifel Nicolaus Europe Limited may pay an unaffiliated entity,
which is also a lender under the Company&#8217;s $3.0 billion revolving credit facility, or its affiliate a fee in connection with
this offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The issuer has filed a registration statement (including a prospectus)
with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration
statement and the related prospectus supplement and other documents the issuer has filed with the SEC for more complete information
about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus
and related prospectus supplement if you request it by contacting Barclays Bank PLC by telephone (toll free) at 1-888-603-5847,
Credit Suisse Securities (Europe) Limited by telephone at +44 (0) 20 7888 4021 or Goldman <FONT STYLE="background-color: white">Sachs&nbsp;&amp;
Co. LLC by telephone (toll free) at 1-866-471-2526.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MiFID II professionals/ECPs-only / No PRIIPs KID &#8211;
</B>Manufacturer target market (MiFID II product governance) is eligible counterparties and professional clients only (all distribution
channels). No PRIIPs key information document (KID)&nbsp;has been prepared as not available to retail in EEA or UK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Sch C-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHEDULE D</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Issuer General Use Free Writing Prospectuses</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD>Issuer Free Writing Prospectus dated September&nbsp;23, 2020 setting forth certain terms of the Securities.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 67; Options: NewSection Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">D-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>o-20200923.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.5a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +K85w7xRiXgen8uNbXAsWaKPmbPtzp5xiekhuWhzbRl6byQoprEL9Stf/u2mIUgN -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:srt-types="http://fasb.org/srt-types/2020-01-31" xmlns:o="http://realtyincome.com/20200923" elementFormDefault="qualified" targetNamespace="http://realtyincome.com/20200923">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://realtyincome.com/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="o-20200923_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="o-20200923_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2020-01-31" schemaLocation="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2020-01-31" schemaLocation="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd" />
    <import namespace="http://fasb.org/srt/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd" />
    <import namespace="http://fasb.org/srt-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>4
<FILENAME>o-20200923_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.5a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>o-20200923_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.5a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://realtyincome.com/role/Cover" xlink:href="o-20200923.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://realtyincome.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>tm2031354d4_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="o-20200923.xsd" xlink:type="simple"/>
    <context id="From2020-09-23to2020-09-23">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000726728</identifier>
        </entity>
        <period>
            <startDate>2020-09-23</startDate>
            <endDate>2020-09-23</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2020-09-23to2020-09-23">0000726728</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2020-09-23to2020-09-23">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2020-09-23to2020-09-23">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2020-09-23to2020-09-23">2020-09-23</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2020-09-23to2020-09-23">REALTY INCOME CORPORATION</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2020-09-23to2020-09-23">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2020-09-23to2020-09-23">1-13374</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2020-09-23to2020-09-23">33-0580106</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2020-09-23to2020-09-23">11995 El Camino Real</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="From2020-09-23to2020-09-23">San Diego</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2020-09-23to2020-09-23">CA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2020-09-23to2020-09-23">92130</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2020-09-23to2020-09-23">858</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2020-09-23to2020-09-23">284-5000</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2020-09-23to2020-09-23">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2020-09-23to2020-09-23">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2020-09-23to2020-09-23">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2020-09-23to2020-09-23">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="From2020-09-23to2020-09-23">Common Stock, $0.01 Par Value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2020-09-23to2020-09-23">O</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2020-09-23to2020-09-23">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="From2020-09-23to2020-09-23">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.2</span><table class="report" border="0" cellspacing="2" id="idm140082399149144">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Sep. 23, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Sep. 23,  2020<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-13374<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">REALTY INCOME CORPORATION<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000726728<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">33-0580106<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">11995 El Camino Real<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">San Diego<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">92130<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">858<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">284-5000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.01 Par Value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">O<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>8
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M=]W3CHG&K=!X#;[Q3X?#KHG&J]!TZVDF)_VN:Z3I%FA"1N/K>A(5M>5 TR
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M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+
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MU4#E/]O4#6CV#30<D05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04
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MS2VMI,*%ZJ9U6LX$%#?PN8YD(*U4:_($Y6WDQS=[SX.KU/*44P#%'7MJQ&4
MZ1'P?NU67[  @J7=9+4Z,7ZX7AT9*\V?X?;\+[)QFF9 5@=8(UL+6!H_PUUZ
M(2VL@/2*4/;3\F<R%T$&]58YJ=<HN?J$67=N=?!R07[TKWQ*IMR0KSS*4-:C
MY3KNU O#0U=S\_=XJ2LKKD9@@F&4%L]P.S[DB(S>@@U7:W%RL58C]/Q]/L*(
M2F=G9SG[*!9F[1+T"RC8C7.,A*OJL?R?.P#O:-/G-M!/W#TQ)9%8@9!_U0&7
M-KL]Z:YA=9+O Y?:PJXR/]S /EX8=P-<7VEM#PVWM2S^&>C_#5!+ P04
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MCMQC)8QQ8K3^-8+)#^Q^ %!+ P04    " #N@3A1JL0B%C,!   B @  #P
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M2P$"% ,4    " #N@3A1^P+-.>\    K @  $0              @ &O
M9&]C4')O<',O8V]R92YX;6Q02P$"% ,4    " #N@3A1F5R<(Q &  "<)P
M$P              @ '- 0  >&PO=&AE;64O=&AE;64Q+GAM;%!+ 0(4 Q0
M   ( .Z!.%'&NA S+P0  "40   8              " @0X(  !X;"]W;W)K
M<VAE971S+W-H965T,2YX;6Q02P$"% ,4    " #N@3A1@ZFE ]0!   R!@
M#0              @ %S#   >&PO<W1Y;&5S+GAM;%!+ 0(4 Q0    ( .Z!
M.%&7BKL<P    !,"   +              "  7(.  !?<F5L<R\N<F5L<U!+
M 0(4 Q0    ( .Z!.%&JQ"(6,P$  "("   /              "  5L/  !X
M;"]W;W)K8F]O:RYX;6Q02P$"% ,4    " #N@3A1)!Z;HJT   #X 0  &@
M            @ &[$   >&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"
M% ,4    " #N@3A199!YDAD!  #/ P  $P              @ &@$0  6T-O
F;G1E;G1?5'EP97-=+GAM;%!+!08     "0 ) #X"  #J$@

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2031354d4_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://realtyincome.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="tm2031354d4_8k.htm">tm2031354d4_8k.htm</File>
    <File>o-20200923.xsd</File>
    <File>o-20200923_lab.xml</File>
    <File>o-20200923_pre.xml</File>
    <File>tm2031354d4_ex1-1.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2020-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>12
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "tm2031354d4_8k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml",
      "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "tm2031354d4_8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "o-20200923_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "o-20200923_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "o-20200923.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd",
      "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 59,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2020-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "o",
   "nsuri": "http://realtyincome.com/20200923",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2031354d4_8k.htm",
      "contextRef": "From2020-09-23to2020-09-23",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "role": "http://realtyincome.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2031354d4_8k.htm",
      "contextRef": "From2020-09-23to2020-09-23",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r9",
      "r11",
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://realtyincome.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r10": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a"
  },
  "r11": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f"
  },
  "r12": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f"
  },
  "r13": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1"
  },
  "r14": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r15": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405"
  },
  "r16": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "Section",
   "Publisher": "SEC",
   "Section": "12"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r9": {
   "Name": "Form 10-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "310"
  }
 },
 "version": "2.1"
}</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>13
<FILENAME>0001104659-20-108312-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-20-108312-xbrl.zip
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MD=I"<4\XYV$7PI6JG2BEB0[FF>Z3Q/P&]DLBYQV0Q-9Q792%WD1R"SQG[YK
MUN&_X1J2\PN)!+C1>>3(;-;_*0Y/)]$Z()^E%QX819P0$5)@80>U8OYN5EED
MWJ5$YY6&\TKEY,AD#DODX"R6S.?+6!@UW=^UB\3\X1B_K'Z+[&25G)3:Q'V=
M')?!H99=SV.S7ULDE;3+?U!+ P04    " #N@3A1>$W+X/T*  #?AP  $@
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MI$]^?@8%I^2>/*"\F.?9_EERE"8*@U&Y[U&0![L9*L1$Q4\86>.,Q.I 9^I
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M'#NB:DGC<"5EP<0]S)1NP+]KB:3^*R7U.FVDL/\NF+:@Q1+#^\ 8B?PU)?*
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MX5BW2!"='<24&%!J6< -0Q:/@^]=;)KA]U?CGX@71V&@X5@6[KH0[(6_R>H
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M<[F6_?KEZ.CINWKU_>+ 9\G_ U!+ P04    " #N@3A1HYW7RV.S  #^IP0
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M.L+[5N?VAL@+3''FU@T?/]O=B_OO> 2+4T2'617^[LG# ;_[ U>.*J;CZ.#
M_'1O_]&JGWXD:?U@UJ@F]04"R"/8>V1NL_]XU0@V-]X2O%XBA1_8Y,>Y_0=Y
M 7RW_6=V'GK'9/#?K+E]YA'ZDLE'J/01%?B$\AUIK9NJU-QGI1;Z)2YAY@8N
ML>-6,?Y[GGU*8P4:9Z $!D ;<_(W8IN"^)\MX+#!PE5Z+<$M*$FS HM'KR>B
M<6<1!:'T&<K=WX>,FOO,"<R$1;L.!:];_@C+S]*1"3)UJ@ESTY.Z]E-;Q=6+
M"H[3%'9U@^Q5$SA6/Y$VD0\DYR5_Y1S?IY_$M-WEYU0BD"! ^AR116!P<I7
M:)'EA$+"=453%5$ELO2S44;7H%4[SQ/.'E#[E1+U45;MN$XP9$MTC'Z>Y7R
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M2C\>]C;,/VU-0'? E3X+7(_M 8,5@\^:.1%9.?O6%GL7VF*1-<7(WY0WVMS
M5X+=RN')UDO=><-C8'1P_SXZ^)6C@\_NHX-W;.L,B X>4'3PJ#Q/L4]G".+O
M*'0:VTO)0NO*1$Q!R,N+^J>[JU.NF0B^G4ABBVM)'2_O=6?U8J+QN>_YO)-T
MUT?M&:D0HN=A'VR-MF.3V'7-TYM64TB0#E?E]?!@]X575II->PXSY^K%)F(Y
MS:3H"'_'.&<YG6,P3$TU!?=U(=*^NGG@T,W$J\2VXZJN!>CH%" 07@\Q0P5N
M+PI0%IL;'48)!>SL\RW''('*4CT051AD2(&DBVC[FQ.D2ZJB7\'*C_[@ER<V
M6G,9/]PEZJG-@RZUMM%D=CXL0F4F+3Q5J-5BX54QM5QO#*0V<MX29EYBOO%;
MI-$0@LCV_-?Z:N_FC-(9,*63<KQ@]EU=YX4@1\ZJL@O27P3FE?';WY"YQKW=
M! VI.^=U<4HJC&(W'8(.YOH;AT):E"-6,64%;8P5"Z$\%MFU*&CF'%[;15F8
M0N"<8R@33&-MZ*$(*6%$5W5C\&UU?Q79MEZY=(9GDQZ';: E5E"V'KZH+?9O
MCLX9&K]8VC^W"QO+#<G?IQ]KLDR_#6T[%$ 4H);4H>*(@2R9)E)33T$D%OS8
MXI@,.9;B-9TK6FBS#TQV -85-!+G_ VJ41GU7J%V+\-SR/W<P_:,VA*<CL+,
M9O^B6;!I@:49W2M'<[!E)"OS80ZLYX)B?6)MO21_--&U7I(_VN\C36V*;=F>
M:!159\3#4'MJ_R$=8EG!2DRX(?AXDI)9H2R8PPC*B5>R%-Y'_"JSI5%HF<ZS
M:%VZ]71[.V8(5C;5Q3ARH"([**\*>*YS<E6SAI1.#>N$R+J$DK'PA6GZB#C5
M.:(<3>6@*)T9A9O5^>!4)2H2]0U%V(2*%657%'+WI,E12Y!-";FHW[25#;\K
M3RCM>L,BTQ#3 ^/?A9'#O@J>798BI?,%(JT.VLV*.N0#XU.;&RD%X50M,8@-
MUFE2H3%CC3WMV=:5LGCAQ\CE*X2&B/<:T=K@K4 9\5EM,&>2X4F3*L_P) 7=
MP#7*L_)FVUFLLUOOEIE\.[FZ7TE.*;9]:"R)MO'+$G-*5>\=)JI8H<*MA"A=
MIDM&,AN47!)/JLU>;P\%[7=7G*(AOE?W+P]LHSC8+"#93"B-27S&ZJ\X7UNL
M-^Z;L#OPBN/%O;3T0]-$,!F&;<>)-I.WN2(AM.)<1728ZW8-#N2OAUPXJLPU
MT:K3!1R(]5GG6M)A,R[GF;3>=3488C9BD%QS#]C\/1\/)E1FM!6>]!-KTU8"
MBN[JIJ8I=D1L-C?0^FD- >]O"1:ZD(0*1M@*WXMC4-(![4LY1M!1R(NN^U+Y
M>>94H#E4*439L19V]NV_M=LIQ^K#IQ&<D57MAQ@/'?X>]8M'/"  Y*OL1:;<
M,I,I2V+=G."A:-0A#T\KYLFIVLO(473#8J1&H&0E^M*B\KW$>@_N8[U?-]:[
MOWL?Z[UC6^>:MMKM) LYXK6YH4->RC)(.^PVBT.0NBW'RH;U?P0N0G;O$1-M
M"9"0BPMKE[<FDG8_M7]I-.,51T)5@&HH7E%!)^A TO_,%3-)?;O"'H'D2J\R
M(7%D<-925:6NURDL_1?''Z>X&"8UJIPP0_H%0Q'9Z"3[>GAP$',(Q=9P6FN-
MW]T6"LES!SRP^TF[CV+GMG.0CUO?=A DQ> 9"L^>,$KY!R,:;73>]KV_@=^:
MN(O'Z10V GY796,R+])J!O;_69HV7&K"ADK_$VJN&L67:9=:=0;3#<J7T6T4
MU)3I0/2'HY1]A\R!% 'HV6UVNM']I38W-JHUC<9YPE6E),=2FLR5)"SY"E5C
M=K7AS?H=IK7GF> [<]N4$(O[,A*?8HL=\6U\T21:^Q*D+!S"6>U1$Y/ K=10
M=(]"Q)K6T40IZ&M^E[4/I%DNW#0/WT3]N\=42W,EJ^"]+Y^..? HOYB =NW[
M>(TOX'C)C5^@'JJ"/]R*PFS"& R24XGT,D #D9V1M-OXJ\8])K<$O&'\&?FX
MW5Y[^S1%*1.?A[<#29E V?H*VSAEU^]DQ(Y<?'R&I*[D'L_(D^'J.I/T P6:
M3I1/M2+@D*!OP]UT)7PX$<(DWJBM: 2F#:TDVZ[F_$.ZQ#"W]^>%&L'K$L#4
M>GF#DTQ4Z=ZZVW8/.FGMM$:,7K*%^)*G$QA2[QSJ\).U<=JQ&R<%LNK>HVW3
M>>)\0V("PU:+N,^J+/"S?.D%FF5($A3=W.@]FKU8P_'+WP[?.PZZ3F[<N55B
M&*MW#+<?"+/[\>[[M==4*.GM*Y351CDUV-;UL&U#ND\C.,&EWZB I3XV-S>,
M0!CJ6XTQ:6\*0TG:W.0@:2*4A;/B"+W^8-FT$HO05/-R]-!D'67J/%/-VQHZ
MAMH1_;;!KB%3,5E4)L=A,F:$Q@@R\ED=6N1NRCW2WP,33/2"B\@Y:+FN^VX$
MLS G4E^#4Z ^DHPOKGIR['M/#H+G2P7+N-D6NMQB05S@:.QZRE2]W9;KX16
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M,\(=P;?>8GOQ.^AC_7D[9H#I<XS%#"[HV\'SPMB=Z(M!=S8WJ$C3V:CH.SC
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MHHK0-_5G0AFC;"3VG-!$4_0-<.1?<[?.KKI;U_>SX/+4S0VL3XVH/+7'M[2
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M%IYSTP[;6=NZA;R)61H*56-A))7N<>7UD._L<1X.&R-5T@"'S?<RM(!M75E
M;]H1>^TJ0L$P$3W--3J6>D&OQPW#DRY1,DAJ3H62A76+E-Z@^D Z*V<M"O@
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M!N6XC*^?L]G<$)'7'IT.2(;!9U<]@C'-19U>V4(7(:=N"E<T,Z]A+][A0/C
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MW+^PY_Y=Z;DOV-59(>GYK>J!I;5/[G#5&F2L4ZFJZDP4;I"354>EU/!DC\=
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MY;X7LQ\Z^VX*7(U4:9("Y.EU4@U7[59"<BU6) S[N<Z*!88)]6&E76 \9B^
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MYW#3M7LR#5[.A1/D"$#%/XRT@9;3.0S+1//;[(5(8""WI3EJB5L%N4!6=(+
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MP(M&G"%J<7E5KNW,[LI]5\*9O61_JOS4.).@BF6F,_FI4JM2J;A<)*=PY#,
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M^TK] :1)TGZ45WNNPI8G/=%MA)$*Q&T!C0193Z1R,5@?HYTP"EE_0N@9FTR
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MQ_,/H_<BNNGNU/8.*[6#XTKMZ&AWOE%T_.9O.3.S=\9W!ZAT.%'/!Q8A3K"
M]^JL\?M_O9LY53EF;7;(.0>7L1)7F\KO8USJO(_O[RT;)<(-_^W/M[7*WMX>
M_N^\D5:<SGJ.[.O02]SE%RIO!HT(5/]$="9>#&*V8[I@['!IZ:XXX]2NO#.[
MUT'=<SM6?''I@3S?*:QP<5:8S">XR\!11<?I#6.I$Q*\2R.LBK/\NU.>PYIN
MPU?7]V/Q$41K:-V%2O'W??_=R^_[>NB_ 5N.XXXS 'Z;P8?V#U[^'!Y!_W]5
M,9C'"%.6+!C[O7+;GX?\S]TH\GQ?G$V#WE"T;#BO\@B>D/+/N85S*XN?5F[Z
M\]!]^Z2AP4Q*1O_DY-Z6;>\L)E]\':< 6[X>8K\>NN):MF@Z52V:T#@N#^ )
M:?Y+M5/%7:;>(2VK=PA/K17TJ@7?_P(85^NY "<2T_X\5)CV9YR8>$*)B<4^
MA@*86H]1=*1V/XL?BPZ&#=-_"G 4Z[D0'0-PV-0 A^7>/]TU.+GX)LX9>J@A
M,1ITIX#":T)O7G[KUT/V5Q>-[/:7N_^TA-_A NX+5<"]2497 79^308 EQE:
M+N9-T4$+< 2/,0%..J+^:9.4S0+L]SI(?DY$_N3B2EQQ/NL*QW"?L+X<87%(
M_MXQVC4-+,_V:-[9KI8"\.P73$T+/_9>[%5K1UZ0,Z_L[&O5(TIS"Y.5?-AS
M![CW.=-[HA].NK[[F.R QPXNC_N0#WN5 Z?!'WKD&YC_MU)"7.V#N!RC91J_
MQX^!\,3_>)XLN?4F@/6&HO[*7JM:Y0=Q/1UCVG/D=+W>!Z$:;M^X%R$N=#^5
M$*?>PE_*G+WGR=D[>;J<O2>Z6E\P[ZR'&#5 =VY_XKM_O/[R9^&7X078MP7%
M#$B998GG^PJA8[;R;?7_NR1+>^AN;WD!:.OH& .N[_5$.!C  F!GQQ%VFX&K
M)9)A*HLJ'CJ^+[JN>/>NNO]N_V_H],1'QBH54"8!XA\C-QQ4Q-@'H\SI]:*)
MV^=V3FZ<5(0W$$XPK6QO#:)P!/_$WWK^!*6&N.PE""G!J]BOB-I>;4_LX&=^
M_Z_C6FWOPQ5/]U)-%PG"I=_V/^P:<).?B2)JST018Y6ASB20A'C88\?KYU%#
M=TI_B5W0Q>#HO\""HCOXS8UL2CFN'KUYLY12Q$[7A;/<WG("]0N( W@,IH#O
MY9XY?#K!B25#X73#6Q>4B#@6$S4/?*[OQ3T:#3ZQ5WU3.UHZD\VAH(=H'0<_
MD]9Q4FH=&ZEU-#;E:DE3IQ7'$S<2'R/7%5\E8[F*PG@,MV<2<_K[1\\'"7<U
MB>*)@\PD%&W037AVAP<'_!#F*<1)1 $I<1%6^>>#@X-7M=KQ_M%;?JKCCA-W
MI$5@[8!EX*9LFN9')W^VF_6SZV^B==&X/(=COVQ?7;;KUZW+BS]>GZR/O[YD
MZ=/)GU?M%E:@B.MF^UQT/C>;UVM=W#,M9)]EXT68P$#]B0L4=U!\BC,Z5(V4
MJ.NA%XL!7E,E_\?ZFHK(]1U<71CXT^TMJ5<8:#S1=^->Y'7A%G==/[PCK30>
MAA,?_P!O.WVXU3<NJ@GBS@.=H^TZ?C(5K: 7CES1"*-QR%<;==']MQ]B^+J+
M4+*!$TWMF<23\=BG^K_MK3[,J2_F7/FTVFL-9KB/Z.C!E I<H96!TAV.QJ!E
M9[:!/W@!ZI+YWA%HXK6]_>/,]]0[:F#:$GRB'_8FE&R":KM<-PR*/_>QL+$O
M-<?4KZ N1BZH;R1M2=GR@NJ3D=@FPS/ 351"YWV^@U ^^!8?G$N&\C3]_K\G
MX8<&$\/O$?W7[HI>U7O6?-][0&E-3#/+S&='J?4$^%/!5G,=.7U7G *U9]<S
M5Z078M[-'WC/B0TE"?.2W%7D6^;7?W]3E /('9#L4A&!-B8+D*0!2 ETECF+
MW*OY \S?X :OT6CDQ7'V%G6:#45SP&7QN)$%*DD2!GUDSMP=0]RX =K%_E1@
M0[H([ PO8LX8TS;3BW? )R>Q%Z#AV@=KH@+F*UFQ9*(Z$<V,9)63\ >%^P/$
M2ASCN%A&+D+DI7=>[%9%'7A^A$X4?UH1RI8':_QN&(+(BH<T$@V"P],5$FS-
M6$M(30C-9+3\E;34](%B1*!\\ 8>LGZRO^\\-OK58BO(]&^]*($;+'=]X/02
MN1J:0C0""SP[+CL;](KO2 B'/3BJ]'QZ?AB3E6]>@FV-407OZ2_2,BNT[S1=
MV+= 4'O,@-9@OMV;]N!8Y-02X/,X!#!-$-A@;<J-"U&JW^+C#BR&M'XS1,76
M&F SXXE/HWF1"._@J_U;+P[Q0%!_@%/$>R<7$[M . DZ3ZH%N4W:V?(13RF9
MX6G-!BP!#1H0Y?V"S/D"+AXH+CW7[<?9"=?'H ;]\& I+EP>&1T[>'=8/1 C
M(%R\Z\X %@,Z3'_2(_41"2'?G]2=).KJF,?I*@HW3N@C?;RJ;A!CR9$S=;I
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M     &\M,C R,# Y,C,N>'-D4$L! A0#%     @ [H$X47A-R^#]"@  WX<
M !(              ( !9P,  &\M,C R,# Y,C-?;&%B+GAM;%!+ 0(4 Q0
M   ( .Z!.%%FR/$45P<  #E9   2              "  90.  !O+3(P,C P
M.3(S7W!R92YX;6Q02P$"% ,4    " #N@3A1B5IE^((1    8@  $@
M        @ $;%@  =&TR,#,Q,S4T9#1?.&LN:'1M4$L! A0#%     @ [H$X
M4:.=U\MCLP  _J<$ !4              ( !S2<  '1M,C S,3,U-&0T7V5X
=,2TQ+FAT;5!+!08     !0 % #\!  !CVP

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
