Exhibit 4.24
TWELFTH AMENDMENT TO
FOURTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
As of December 10, 1997, the undersigned, being the sole general partner
of First Industrial, L.P. (the "Partnership"), a limited partnership formed
under the Delaware Revised Uniform Limited Partnership Act and pursuant to
the terms of that certain Fourth Amended and Restated Limited Partnership
Agreement, dated June 6, 1997 (as amended by the first amendment thereto
dated June 20, 1997, the second amendment thereto dated June 30, 1997, the
third amendment thereto dated July 18, 1997, the fourth amendment thereto
dated July 31, 1997, the fifth Amendment thereto dated August 1, 1997, Sixth
Amendment thereto dated August 29, 1997, the Seventh Amendment thereto dated
September 30, 1997, the Eighth Amendment thereto dated October 23, 1997, the
Ninth Amendment dated October 30, 1997, the Tenth Amendment dated December 5,
1997 and the Eleventh Amendment dated December 9th, 1997 (collectively, the
"Partnership Agreement"), does hereby amend the Partnership Agreement as
follows:
Capitalized terms used but not defined in this Twelfth Amendment (this
"Amendment") shall have the same meanings that are ascribed to them in the
Partnership Agreement.
1. Additional Limited Partners. The Persons identified on Schedule 1
hereto are hereby admitted to the Partnership as Substituted Limited Partners
or Additional Limited Partners, as the case may be, owning the number of
Units and having made the Capital Contributions set forth on such Schedule 1.
Such persons hereby adopt the Partnership Agreement. The undersigned
acknowledges that those of the Persons identified on Schedule 1 hereto that
are Substituted Limited Partners have received their Partnership Interests
from various Additional Limited Partners, and the undersigned hereby consents
to such transfers.
2. Schedule of Partners. Exhibit 1B to the Partnership Agreement is
hereby deleted in its entirety and replaced by Exhibit 1B hereto which
identifies the Partners following consummation of the transactions referred
to in Section 1 hereof.
3. Protected Amounts. In connection with the transactions consummated
pursuant to that certain Contribution Agreement (the "Contribution
Agreement"), dated December 9, 1997, by and between FR Acquisitions, Inc., a
Maryland corporation (it having assigned its entire right, title and interest
in and to the Contribution Agreement to the Partnership), and the other
parties listed on the signature pages of the Contribution Agreement, certain
Protected Amounts are being established for the Additional Limited Partners
admitted pursuant to this Amendment, which Protected Amounts are reflected on
Exhibit 1D attached hereto and shall be incorporated as part of Exhibit 1D of
the Partnership Agreement.
4. Ratification. Except as expressly modified by this Amendment, all of
the provisions of the Partnership Agreement are affirmed and ratified and
remain in full force and effect.
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK;
SIGNATURE PAGE IMMEDIATELY FOLLOWS]
IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the
date first written above.
FIRST INDUSTRIAL REALTY TRUST, INC., as sole
general partner of the Partnership
By: /s/Xxxxxxx X. Xxxxxxx
----------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Chief Operating Officer
2
EXHIBIT 1B
SCHEDULE OF PARTNERS
GENERAL PARTNER NUMBER OF UNITS
---------------- ---------------
First Industrial Realty Trust, Inc............................................................... 30,892,739
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxx X. Xxxxxx, TR of the Xxxxxx X. Xxxxxx Trust UA Dec 29 92.................................. 137,489
Xxxxxxx X. Xxxxxxx............................................................................... 754
XX Xxxxxxxx Venture.............................................................................. 24,789
Xxxxxxx Revocable Family Trust................................................................... 598
Xxxxx Xxxx....................................................................................... 5,587
Xxxxxxxx Xxxx.................................................................................... 28,804
Xxxxxxx X. Xxxxxxx............................................................................... 7,587
Brothers Partnership............................................................................. 1,748
Xxxxxx Xxxxx..................................................................................... 2,123
BSDK Enterprises................................................................................. 2,186
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx & Xxxxx Xxxxxxxxx TR of the Xxxxxxx Childrens Education Trust
UA Dec 20 94, FBO Xxxxxxxx Xxxx Xxxxxxx........................................................ 1,400
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx & Xxxxx Xxxxxxxxx TR of the Xxxxxxx Childrens Education Trust
UA Dec 20 94, FBO Xxxxxxxxx Xxxxxx Xxxxxxx..................................................... 1,400
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx TR of the Xxxxx X. & Xxxxx X. Xxxxxxx Trust UA Aug 28 92..... 10,891
Xxxxxx Xxxxxx.................................................................................... 9,261
Xxx Xxxxxx....................................................................................... 18,653
Xxxxx Xxxxxx..................................................................................... 523,155
3
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Calamer, Inc..................................................................................... 1,233
Xxxxx Xxxxxxx.................................................................................... 17,192
Xxxxx X. Xxxxxx.................................................................................. 1,388
CG Property Development.......................................................................... 27,975
Cliffwood Development Company.................................................................... 63,265
CLMM, LLC........................................................................................ 3,825
Xxxxxxx Family Trust............................................................................. 112,972
Xxxxx Xxxxxxx.................................................................................... 3,137
Xxxxxxx Xxxxxxx.................................................................................. 9,390
Xxxxxxx X. Xxxx and Xxxxxx X. Xxxx, tenants in the entirety...................................... 634
Xxxxxx X. Xxxxxx, Xx............................................................................. 2,262
Xxxxxxx X. Xxxxxx, TR of the Xxxxxxx X. Xxxxxx Trust UA Nov 4 69................................. 144,296
Xxxxxx X. Xxxxxx................................................................................. 6,286
X. Xxxxx Xxxxx XX of the W. Xxxxx Xxxxx Trust UA May 31, 91...................................... 4,416
Xxxxxxx Xxxxxxx.................................................................................. 2,000
Xxxxxx X. Xxxxx.................................................................................. 1,388
Xxxxxxx X. Xxxxx................................................................................. 1,508
Xxxx & Xxxxxxxxx Xxxxx........................................................................... 474
Xxxxxxx Xxxxx.................................................................................... 48
Xxxxxxxx Xxxxxxx................................................................................. 6,538
Xxxxxxx Xxxxxxx.................................................................................. 6,538
Xxxxx Xxxxxxx.................................................................................... 13,078
Xxxxxx Xxxxxxx................................................................................... 331,742
4
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxx Xxxxxxx................................................................................... 149,531
Xxxxx Road Associates, a New Jersey limited partnership.......................................... 29,511
Xxxxxx Road Associates Limited Partnership....................................................... 2,751
Fitz & Xxxxx Partnership......................................................................... 3,410
Xxxxxxxxx Xxxxxxxxxxx............................................................................ 3,800
Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxxxxxx............................................................... 607
Fourbur Co., L.L.C............................................................................... 27,987
Fourbur Family Co., L.P.......................................................................... 50,478
Xxxxx Xxxxx...................................................................................... 1,170
Gamma Three Associates Limited Partnership, a New Jersey limited partnership..................... 3,338
Xxxxxxx Family Trust............................................................................. 874
Xxxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxxxx, tenants in the entirety................................ 6,166
Xxxxxxx Xxxxx.................................................................................... 11,823
Xxxxxxx & Xxxxxxx Xxxxx.......................................................................... 3,285
Xxxxxx Hack...................................................................................... 22,522
Xxxx Xxxxxx & Xxxx Xxxxxx JT TEN WROS............................................................ 15,159
Xxxxxx Xxxxxxx................................................................................... 1,132
Xxxxx X. Xxxxx Trust UA Jan 16 81................................................................ 36,476
Xxxxxxxx Xxxxxxx................................................................................. 3,137
Highland Associates Limited Partnership.......................................................... 69,039
Xxxxxx X. Xxxxxx Xx.............................................................................. 150,134
Xxxxxx/Xxxxxxx Investment Corporation............................................................ 22,079
5
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxx Xxxx Living Trust Hood.................................................................... 3,591
Xxxxxx X. Xxxx................................................................................... 220,000
Internal Investment Company...................................................................... 3,016
Xxxxxxxxx X. Xxx................................................................................. 3,880
The Xxxx Xxxxxxxx Revocable Living Trust dated March 23, 1978.................................... 26,005
Jayeff Associates Limited Partnership, a New Jersey limited partnership.......................... 16,249
JE Partners...................................................................................... 4,228
Xxxxxxx X. Xxxxxxx............................................................................... 3,831
Jernie Holdings Corp............................................................................. 180,499
Xxxx X. xx Xxxxxxx, TR of the Xxxx X. De B Xxxxxxx Trust......................................... 8,187
Xxxxxxx Living Trust............................................................................. 1,078
Xxxxxx X. Xxxxxxx, Xx. and Xxxxxx X. Xxxxxxx, tenants in the entirety............................ 2,142
JPG Investment................................................................................... 919
Xxxxxxx Xxxxxxx.................................................................................. 2,183
Xxxxxxx Xxxxxxx, Xx.............................................................................. 656
Xxxxxx Xxxxxxx................................................................................... 546
Xxxxx Xxxxx...................................................................................... 9,261
Kirshner Family Trust #1......................................................................... 29,558
Kirshner Trust #4................................................................................ 20,258
Xxxxxxx MD Pension............................................................................... 994
Xxxxx Family LLC................................................................................. 33,031
Xxxxxxx Investment Corporation................................................................... 13,606
Xxxx X. Xxxxxxx.................................................................................. 39,737
6
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxxx X. Xxxxxxx............................................................................... 2,493
Xxxxxxxxx Xxxxxxx................................................................................ 417,961
Xxxxxx Xxxxxxx................................................................................... 18,653
Xxxxxxx Xxxxxxx.................................................................................. 664
Xxxxxx Xxxxxxx III, GP........................................................................... 5,856
Xxxxx Xxxxxxx.................................................................................... 36,324
LGR Investment Fund Ltd.......................................................................... 22,556
Xxxxx Xxxx....................................................................................... 617
Xxxxxxx Properties, L.L.C........................................................................ 25,342
Xxxxx X. Xxxxxx.................................................................................. 754
Menlo Park Presbyterian Church................................................................... 230
Xxxxxx Xxxxxx.................................................................................... 2,880
Xxxxx Xxxxxx..................................................................................... 2,000
The Xxxxxx Xxxxxxx Revocable Trust dated October 22, 1976........................................ 149,531
Montrose Xxxxxxx Associates, a New Jersey general partnership.................................... 4,874
Xxxxx Xxxxxx..................................................................................... 56,184
Xxxxxxx Xxxxxxxxxx............................................................................... 81,654
Muskingum College................................................................................ 20
Xxxxxx Xxxxx..................................................................................... 1,508
Xxxx X. Xxxxxxxxxx............................................................................... 10,076
Xxxx Xxxxxx...................................................................................... 4,910
New Land Associates Limited Partnership, a New Jersey limited partnership........................ 1,664
North Star Associates Limited Partnership........................................................ 19,333
7
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxx X'Xxxxxx................................................................................... 63,845
Xxxxx X'Xxxxxx................................................................................... 66,181
Xxxxxx Xxxxx..................................................................................... 31,828
PAC II LLC....................................................................................... 17,356
Pacifica Holding Company......................................................................... 74,751
Princeton South at Lawrenceville LLC............................................................. 4,692
Pacifica Holding Company, a Colorado corporation................................................. 2,475,000
Xxxxxxx Xxxx..................................................................................... 2,879
Xxxxxx Family Trust.............................................................................. 3,140
Princeton South at Lawrenceville One, a New Jersey limited partnership........................... 4,426
Xxxxxxx Xxxxxxx.................................................................................. 2,000
Xxxxxxxxx Road Associates Limited Partnership.................................................... 2,751
Xxxxxxx Xxxxxx XXX............................................................................... 969
R.C.P. Associates, a New Jersey limited partnership.............................................. 3,060
Xxxx X. Xxxx..................................................................................... 1,071
Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxx............................................................ 2,142
Xxxxx X. Xxxxxxxx................................................................................ 38,697
Xxxxx X. Xxxxxxx................................................................................. 1,508
RJB Ford City Limited Partnership, an Illinois limited partnership............................... 158,438
RJB II Limited Partnership, an Illinois limited partnership...................................... 40,788
Xxxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxxxx, tenants in the entirety................................ 8,308
W.F.O. Xxxxxxxxxxx............................................................................... 634
Xxxxx Xxxx....................................................................................... 2,156
8
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxxxx Xxxx.................................................................................... 3,350
Sage Family Trust................................................................................ 15,864
Xxxxxx Xxx Xxxxxx................................................................................ 634
Shadeland Associates Limited Partnership......................................................... 42,976
Shadeland Corporation............................................................................ 4,442
Xxxxxx Living Trust.............................................................................. 12,055
Xxx X. Xxxxxxx................................................................................... 65,118
Xxx X. Xxxxxxx and Xxxxxxxx X. Xxxxxxx, tenants in the entirety.................................. 1,223
Xxxxxxx Equities LP.............................................................................. 254,541
Siskel Family Partnership........................................................................ 11,359
Siskel Revocable Trust........................................................................... 10,087
Xxxxxxx Xxxxxx................................................................................... 3,802
Xxxxxxx X. Xxxxx................................................................................. 2,829
Xxxxx X. Xxxxx, and Xxxxx X. Xxxxx, tenants in the entirety...................................... 754
Xxxx X. Xxxxx and Xxxxx X. Xxxxx, tenants in the entirety........................................ 1,508
Xxxxx Xxxxx...................................................................................... 13,571
Xxxxx Xxxxx...................................................................................... 000
Xxxxx Xxxxx Company, a New Jersey limited partnership............................................ 72,421
South Gold Company, a New Jersey general partnership............................................. 82,433
SRS Partnership.................................................................................. 2,142
Xxxxxx Xxxxx..................................................................................... 56,778
S. Xxxxx Xxxxx................................................................................... 56,778
Sterling Family Trust............................................................................ 3,559
9
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxxxx Xxxxx................................................................................... 130,026
Suburban Roseland Associates, a Limited Partnership, a New Jersey limited partnership............ 3,002
Xxxxxx X. Xxxxxxxxxx Trust....................................................................... 450
Xxxxxxx X. Tomasz................................................................................ 23,868
Xxxxx X. Xxxxxx.................................................................................. 2,142
The UCLA Foundation--The Xxxxxxxx School......................................................... 20
Xxx Xxxxx Associates, a New Jersey limited partnership........................................... 39,370
Xxx Xxxxxx Family Partnership.................................................................... 2,262
Xxxxxx & Xxxxxx Xxxxxxxxx........................................................................ 615
Xxxxx Xxxxxxxxx.................................................................................. 338
Xxxxxxx Xxxxxx, Jr............................................................................... 963
Xxxxxxx X. Xxxxxx Trust.......................................................................... 8,016
Women at the Well................................................................................ 50
Worlds Fair Associates, a New Jersey general partnership......................................... 6,134
Worlds Fair III Associates, a New Jersey limited partnership..................................... 14,094
The Worlds Fair Office Associates, a New Jersey general partnership.............................. 3,343
Worlds Fair Partners Limited Partnership, a New Jersey limited partnership....................... 1,664
The Worlds Fair V Associates, a New Jersey general partnership................................... 3,340
The Worlds Fair 25 Associates, a Limited Partnership, a New Jersey limited partnership........... 13,677
Xxxxxx & Xxxxxx Xxxxxxxxx........................................................................ 000
Xxxxxxxxx Xxxxx at Lawrenceville One, a New Jersey limited partnership........................... 4,426
10
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Princeton South at Lawrenceville, L.L.C.,a New Jersey limited liability company.................. 4,692
World's Fair Thirty, a New Jersey limited partnership............................................ 1,442
Reyem Partners, L.P., a New Jersey limited partnership........................................... 8,489
Xxxxx Xxxxxx Lifetime Trust...................................................................... 2,384
Xxxxx Xxxxxx Xxxxx............................................................................... 12,173
Xxxxx X. Xxxxxxxx................................................................................ 3,912
Xxxxx X. Xxxxxx.................................................................................. 12,173
Xxxxx X. Xxxxxx Lifetime Trust................................................................... 2,384
Xxxxxxxx Xxxxxx Xxxxxxx.......................................................................... 7,327
Xxxxxxxxx X. X'Xxxxx............................................................................. 832
Xxxxx Xxxxxxxx Xxxx.............................................................................. 5,159
Xxxx Trust....................................................................................... 653
Xxxx Xxxxxx...................................................................................... 35,787
Xxxxxx X. Xxxxxx................................................................................. 6,767
Xxxxxxxx Xxxxx Xxxx.............................................................................. 2,602
H. Airport GP, Inc............................................................................... 1,433
Xxxxxx Trust..................................................................................... 653
J. Xxxxx Xxxxxxx................................................................................. 000
Xxxxx Xxxxxx, Xx................................................................................. 4,911
L. Xxxxx Xxxxxxx................................................................................. 3,196
Xxx X. Xxxxxx Lifetime Trust..................................................................... 2,384
Xxx Xxxxx Xxxxxx................................................................................. 10,665
11
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxx Xxxxxx Xxxxxx............................................................................... 7,327
Manor Properties................................................................................. 143,408
Xxxx X. Xxxxx.................................................................................... 8,451
Xxxxxx X. X'Xxxxx................................................................................ 832
Xxxxxx X. Xxxxxxxx............................................................................... 3,329
XxXxxxx Management, Inc.......................................................................... 5,478
MCS Properties, Inc., a LA Corporation........................................................... 5,958
Xxxxxxxx X. Xxxxxxxx............................................................................. 9,387
Xxxxxxxx Xxxxxx Shifke........................................................................... 12,944
Xxxx X. Xxxxxxx.................................................................................. 17,022
Sealy & Co., Inc................................................................................. 37,119
Xxxxx X. Xxxxx................................................................................... 40,902
Sealy Florida, Inc............................................................................... 675
Sealy Professional Drive, L.L.C.................................................................. 2,906
Sealy Unitholder................................................................................. 31,552
SPM Industrial, L.L.C............................................................................ 5,262
Sealy Real Estate Services, Inc.................................................................. 148,478
Estate of Xxxxxx Xxxxx........................................................................... 3,912
Xxxxx X. Xxxxxx.................................................................................. 1,816
The Carthage Partners, L.C., A Texas LL.......................................................... 34,939
TUT Investments I, L.L.C......................................................................... 5,274
X. Xxxx Sample................................................................................... 5,449
Xxxxxxx X. Xxxxxx, Xx............................................................................ 41,119
12
LIMITED PARTNERS NUMBER OF UNITS
----------------- ---------------
Xxxxxxx X. Xxxxxx................................................................................ 22,381
Xxxxxxx X. Xxxxxxx............................................................................... 2,906
WOLSUM, Inc...................................................................................... 2,427
Xxxxxx X. Xxxxxxxx............................................................................... 38,524
Xxxxxx X. Xxxxx Ltd.............................................................................. 3,577
13
EXHIBIT 1D
Protected Amounts
PROTECTED AMOUNT
----------------
1. Xxxxxx X. Xxxxx Limited...................... $ 5,536,000
2. Xxxxxx X. Xxxxxxxx........................... $ 3,464,000
Schedule 1
ADDITIONAL CAPITAL
LIMITED PARTNERS NUMBER OF UNITS CONTRIBUTION
---------------- --------------- ------------
Xxxxxx X. Xxxxxxxx................. 38,524 $ 1,351,004.09
Xxxxxx X. Xxxxx Limited............ 3,577 $ 125,506.82
