Presidential Realty Corp/De/ Sample Contracts

LOAN AGREEMENT Between
Loan Agreement • November 12th, 2004 • Presidential Realty Corp/De/ • Real estate investment trusts • New York
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Operating Agreement • November 12th, 2004 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware
AMENDED AND RESTATED OPERATING AGREEMENT
Operating Agreement • November 12th, 2004 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware
LOAN AGREEMENT Dated as of July 28, 2015 Between PALMER-MAPLETREE LLC, as Borrower and NATIXIS REAL ESTATE CAPITAL LLC, as Lender
Loan Agreement • August 3rd, 2015 • Presidential Realty Corp/De/ • Real estate investment trusts

This LOAN AGREEMENT (as the same may be modified, supplemented, amended or otherwise changed, this “Agreement”), is made as of July 28, 2015, by and between PALMER-MAPLETREE LLC, a Delaware limited liability company (together with its permitted successors and assigns, “Borrower”), and NATIXIS REAL ESTATE CAPITAL LLC, a Delaware limited liability company, (together with its successors and assigns, “Lender”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 28th, 2003 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

This Employment Agreement, made as of January 1, 2003, by and between Thomas Viertel, residing at 333 West 56th Street, New York, New York 10019 (“Executive”) and PRESIDENTIAL REALTY CORPORATION, a Delaware corporation having offices at 180 South Broadway, White Plains, New York 10605 (“Employer” or the “Company”);

ISSUANCE AND RELEASE AGREEMENT
Issuance and Release Agreement • January 12th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

ISSUANCE AND RELEASE AGREEMENT (the “Agreement”), dated as of January 6, 2017, by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and Jeffrey F. Joseph (“Releasor”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

AGREEMENT made as of November 8, 2011, by and between PRESIDENTIAL REALTY CORPORATION, a Delaware corporation (the "Corporation"), and ALEXANDER LUDWIG ("Executive").

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • January 15th, 2014 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

A= the current Fair Market Value of a share of Common Stock on the Business Day immediately prior to the date of such exercise;

Contract
Operating Agreement • March 31st, 2006 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

OPERATING AGREEMENT OF LIGHTSTONE MEMBER III, LLC This Operating Agreement is entered into this 30th day of June, 2005, by and among DAVID LICHTENSTEIN, an individual (“Managing Member”), with an address c/o The Lightstone Group LLC, 326 Third Street, Lakewood, New Jersey 08701; PRESIDENTIAL REALTY CORPORATION, a Delaware corporation, with an address at 180 South Broadway, White Plains, New York 10605 (“PRC”); ROBERT BRVENIK, an individual, (“Brvenik”) with an address at 11410 Seymour Lane, Spotsylvania, Virginia 22553 and NICHOLAS KING, an individual (“King”), with an address at 217 E. Redwood, Suite 20, Baltimore, Maryland 21202. WHEREAS, David Lichtenstein, as the sole member, formed the Company by the filing of a Certificate of Formation with the Delaware Secretary of State on June 16, 2005, and WHEREAS, on June 30, 2005, the Property Owners, each of which is wholly owned by the Macon Burlington Owner, LLC, acquired the Properties, subject to the Mortgage Loan; and WHEREAS, on th

INDEMNIFICATION AGREEMENT
Indemnification Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

This Indemnification Agreement (the “Agreement”) is effective as of November __, 2011 by and between Presidential Realty Corporation, a Delaware corporation (the “Company”), and [ ], a natural person (the “Indemnitee”).

FIRST AMENDMENT TO LIMITED Liability Company Agreement
Limited Liability Company Agreement • April 5th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT (this “Amendment”) dated as of March 31, 2017, is entered into among TOWNSHIP NINE OWNER, LLC, a Delaware limited liability company, (the “Company”), FIRST CAPITAL REAL ESTATE OPERATING PARTNERSHIP, L.P., a Delaware limited partnership with an address at 60 Broad Street, New York, NY 10004 (hereinafter “FCRE OP Member”), and T-9 DEVELOPERS, LLC, a Delaware limited liability company (hereinafter “T-9 Developer Member”). Except as otherwise herein expressly provided, each initially capitalized term used herein has the meaning assigned to such term in the Limited Liability Company Agreement (as defined below), as amended by this Amendment.

INTEREST CONTRIBUTION AGREEMENT by and among FIRST CAPITAL REAL ESTATE OPERATING PARTNERSHIP, LP FIRST CAPITAL REAL ESTATE TRUST INCORPORATED TOWNSHIP NINE OWNER, LLC CAPITOL STATION HOLDINGS, LLC CAPITOL STATION MEMBER, LLC CAPITOL STATION 65, LLC...
Interest Contribution Agreement • December 20th, 2016 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

This INTEREST CONTRIBUTION AGREEMENT dated as of December 16, 2016 (this “Agreement”), is made and entered into among FIRST CAPITAL REAL ESTATE OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“FCRE OP” or the “Contributor”), FIRST CAPITAL REAL ESTATE TRUST INCORPORATED, a Maryland corporation (“First Capital” and together with FCRE OP, each an “FC Party” and collectively the “FC Parties”), TOWNSHIP NINE OWNER, LLC, a Delaware limited liability company (“T9 JV”), CAPITOL STATION HOLDINGS, LLC, a California limited liability company (“T9 Holdings”), CAPITOL STATION MEMBER, LLC, a Delaware limited liability company (“T9 Member”), CAPITOL STATION 65 LLC, a California limited liability company (“T9 Fee” and together with T9 JV, T9 Holdings and T9 Member collectively referred to herein as the “T9 Parties”), AVALON JUBILEE, LLC, a New Mexico limited liability company (“Avalon Fee”) PRESIDENTIAL REALTY OPERATING PARTNERSHIP LP, a Delaware limited partnership (“PRES OP”) and PRESIDEN

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THIRD AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT
Employment and Consulting Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS THIRD AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT (this “Third Amendment”) is made as of November 8, 2011 by and between STEVEN H. BARUCH, residing at [Address] (“Executive”), and PRESIDENTIAL REALTY CORPORATION, a Delaware corporation having offices at 180 South Broadway, White Plains, New York 10605 (the “Company”).

SECOND AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT
Employment and Consulting Agreement • August 26th, 2010 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS SECOND AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT (this “Second Amendment”) made as of the 25th day of August, 2010 by and between STEVEN H. BARUCH, residing at 1 Pondview West, Purchase, New York 10577 (“Executive”), and PRESIDENTIAL REALTY CORPORATION, a Delaware corporation having offices at 180 South Broadway, White Plains, New York 10605 (the “Company”).

FOURTH AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT
Employment and Consulting Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS FOURTH AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AND CONSULTING AGREEMENT (this “Fourth Amendment”) is made as of the November 8, 2011 by and between JEFFREY F. JOSEPH, residing at 19 Stillman Lane, Pleasantville, New York 10570 (“Executive”), and PRESIDENTIAL REALTY CORPORATION, a Delaware corporation having offices at 180 South Broadway, White Plains, New York 10605 (the “Company”).

ARTICLE I NATURE AND SCOPE OF GUARANTY
Guaranty • March 3rd, 2009 • Presidential Realty Corp/De/ • Real estate investment trusts • New York
COMMERCIAL NOTE
Commercial Note • June 14th, 2012 • Presidential Realty Corp/De/ • Real estate investment trusts

FOR VALUE RECEIVED, the Undersigned, Palmer-Mapletree LLC, a Delaware limited liability company with its principal place of business at 9 East 40th Street, Suite 900, New York, New, York (the "Borrower") promises to pay to the order of Country Bank for Savings ("Lender"), at the Lender's main office presently located at 75 Main Street, Ware, Hampshire County, Massachusetts, or at such other place as Lender may designate in writing, the principal sum of FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($500,000.00), plus interest, all as hereinafter set forth ("Note").

SECOND AMENDMENT TO INTEREST CONTRIBUTION AGREEMENT
Interest Contribution Agreement • April 5th, 2017 • Presidential Realty Corp/De/ • Real estate investment trusts

THIS SECOND AMENDMENT TO INTEREST CONTRIBUTION AGREEMENT (this “Second Amendment”) is made and entered into as of this 31st day of March 2017 (the “Effective Date”), by and among FIRST CAPITAL REAL ESTATE OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“FCRE OP” or the “Contributor”), FIRST CAPITAL REAL ESTATE TRUST INCORPORATED, a Maryland corporation (“First Capital” and together with FCRE OP, each an “FC Party” and collectively the “FC Parties”), TOWNSHIP NINE OWNER, LLC, a Delaware limited liability company (“T9 JV”), CAPITOL STATION HOLDINGS, LLC, a California limited liability company (“T9 Holdings”), CAPITOL STATION MEMBER, LLC, a Delaware limited liability company (“T9 Member”), CAPITOL STATION 65 LLC, a California limited liability company (“T9 Fee” and together with T9 JV, T9 Holdings and T9 Member collectively referred to herein as the “T9 Parties”), AVALON JUBILEE, LLC, a New Mexico limited liability company (“Avalon Fee”), PRESIDENTIAL REALTY OPERATING PARTNERSH

STOCK OPTION AGREEMENT
Stock Option Agreement • May 14th, 2015 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

AGREEMENT made as of _______, 2015 (the “Grant Date”), between Presidential Realty Corporation, a Delaware corporation (the “Corporation”), and ________________ (the “Grantee”).

STOCK OPTION AGREEMENT
Stock Option Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts • Delaware

AGREEMENT made as of November 8, 2011 (the “Grant Date”), between Presidential Realty Corporation, a Delaware corporation (the “Corporation”), and Nickolas W. Jekogian, III (the “Grantee”).

TABLE OF CONTENT
Loan Agreement • March 31st, 2006 • Presidential Realty Corp/De/ • Real estate investment trusts • New York
PUT AGREEMENT
Put Agreement • November 9th, 2011 • Presidential Realty Corp/De/ • Real estate investment trusts • New York

Put Agreement, dated as of November __, 2011 (the “Agreement”), between NICKOLAS W. JEKOGIAN, III (“Jekogian”) and RICHARD ZORN (“Stockholder”).

MORTGAGE AND SECURITY AGREEMENT
Mortgage and Security Agreement • June 14th, 2012 • Presidential Realty Corp/De/ • Real estate investment trusts

This Mortgage and Security Agreement (collectively, the "Mortgage") is made and entered into as of this 8th day of June, 2012, by Palmer-Mapletree LLC, a Delaware limited liability company with its principal place of business at 9 East 40th Street, Suite 900, New York, New, York (the "Mortgagor") in favor of Country Bank for Savings, a Massachusetts banking institution with a principal place of business at 75 Main Street, Ware, Hampshire County, Massachusetts (the "Mortgagee").

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