Kennedy-Wilson Properties (IL) Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF KENNEDY WILSON PROPERTY SPECIAL EQUITY III, LLC
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate

THE UNDERSIGNED is executing this Limited Liability Company Agreement (this “Agreement”) for the purpose of forming a limited liability company (the “Company”) pursuant to the provisions of the Delaware Limited Liability Company Act (6 Del.C. §§ 18-101, et seq.) (as amended from time to time, the “Act”), and do hereby certify and agree as follows:

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LIMITED LIABILITY COMPANY AGREEMENT OF KW - RICHMOND, LLC A DELAWARE LIMITED LIABILITY COMPANY
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate

This Limited Liability Company Agreement is made as of June 23, 2008, by and among the Persons set forth on Exhibit A, with reference to the following facts:

KWF MANAGER I, LLC, a Delaware limited liability company LIMITED LIABILITY COMPANY AGREEMENT Dated as of September 1, 2010
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware
OPERATING AGREEMENT OF KW BLOSSOM HILL MANAGER, LLC, a Delaware limited liability company
Operating Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

THIS OPERATING AGREEMENT (the “Agreement”) of KW Blossom Hill Manager, LLC, a Delaware limited liability company (the “Company”) is entered into and effective as of September 16, 2008 (the “Effective Date”) by and among K-W Properties, a California corporation (“Manager”), KW Blossom Hill Executives, LLC, a California limited liability company (“Executives”), and Kenedix GP, LLC, a Delaware limited liability company (“Kenedix”) (each a “Member” and collectively, the “Members”). Unless otherwise indicated, capitalized words used in this Agreement shall have the meanings specified in Article 11 of this Agreement.

LIMITED LIABILITY COMPANY AGREEMENT OF KENNEDY WILSON PROPERTY EQUITY IV, LLC Dated as of May 9, 2011
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware
OPERATING AGREEMENT OF KW MULTI-FAMILY MANAGEMENT GROUP, LLC, A DELAWARE LIMITED LIABILITY COMPANY
Operating Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

THIS OPERATING AGREEMENT (the “Agreement”) of KW Multi-Family Management Group, LLC, a Delaware limited liability company (the “Company”) is entered into and effective as of October 1, 2007 (the “Effective Date”) by and between K-W Properties, a California corporation (“KWP”) and Kenedix Westwood, LLC, a Delaware limited liability company (“Kenedix”, collectively, with KWP, the “Members”, and each a “Member”). Unless otherwise indicated, capitalized words used in this Agreement shall have the meanings specified in Article 14 of this Agreement.

OPERATING AGREEMENT OF KENNEDY WILSON FUND MANAGEMENT GROUP, LLC a California limited liability company
Operating Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • California
LIMITED LIABILITY COMPANY AGREEMENT OF KW SUMMER HOUSE MANAGER, LLC
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This Limited Liability Company Agreement (the “Agreement”) is dated effective as of April 23, 2010, by K-W Properties, a California corporation (“Member”), with reference to the following:

AGREEMENT OF LIMITED PARTNERSHIP OF KENNEDY WILSON PROPERTY SERVICES III, L.P.
Limited Partnership Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This Agreement of Limited Partnership of Kennedy Wilson Property Services III, L.P. (this “Agreement”), dated as of November , 2008, is entered into by and between Kennedy Wilson Property Services III GP, LLC, as the general partner (the “General Partner”), and Kennedy-Wilson Properties Ltd., as the limited partner (the “Initial Limited Partner”).

FIRST AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF KW SUNRISE CARLSBAD, LLC (A DELAWARE LIMITED LIABILITY COMPANY)
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This First Amended and Restated Limited Liability Company Agreement of KW Sunrise Carlsbad, LLC, a Delaware limited liability company (“Company”), is made as of September 30, 2010 by and among the Persons identified on Schedule A, with reference to the following facts:

LIMITED LIABILITY COMPANY AGREEMENT OF SUNRISE PROPERTY ASSOCIATES, LLC
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This Limited Liability Company Agreement (together with the schedules attached hereto, this “Agreement”) of SUNRISE PROPERTY ASSOCIATES, LLC (the “Company”), is entered into by SUNRISE ASSOCIATES, a California general partnership, as the sole equity member (the “Member”), and BONNIE L. BECHTOL as the Springing Member (as defined on Schedule A hereto). Capitalized terms used and not otherwise defined herein have the meanings set forth on Schedule A hereto.

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT FOR DILLINGHAM RANCH AINA LLC
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This Amended and Restated Limited Liability Company Agreement for Dillingham Ranch Aina LLC, a Delaware limited liability company (the “Company”) is made as of June 25, 2010, by and among 68-540 Farrington, LLC, a Delaware limited liability company (“Sole Member”), with reference to the following facts:

Limited Liability Company Agreement of KW BASGF II MANAGER, LLC
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

This Limited Liability Company Agreement (this “Agreement”) of KW BASGF II MANAGER, LLC, a Delaware limited liability company (the “Company”), is entered into by K-W Properties, a California corporation (the “Member”) and the Company.

68-540 FARRINGTON, LLC a Delaware Limited Liability Company LIMITED LIABILITY COMPANY AGREEMENT THESE MEMBERSHIP INTERESTS HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, NOR PURSUANT TO THE PROVISIONS OF ANY STATE SECURITIES...
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT is made and entered into effective as of this 19th day of May, 2006 among the parties signing below as Members.

KW LOAN PARTNERS II LLC LIMITED LIABILITY COMPANY AGREEMENT
Limited Liability Company Agreement • October 5th, 2011 • Kennedy-Wilson Properties (IL) • Real estate • California

This Limited Liability Company Agreement (the “Agreement”) is entered into as of April 27, 2010, by K-W Properties, a California corporation (the “Member”).

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