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EXHIBIT 10.4
THIRD AMENDMENT TO
SECOND AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP
OF EOP OPERATING LIMITED PARTNERSHIP
THIS THIRD AMENDMENT TO THE SECOND AMENDED AND RESTATED AGREEMENT OF
LIMITED PARTNERSHIP OF EOP OPERATING LIMITED PARTNERSHIP (this "AMENDMENT"),
dated December 21, 2000, is entered into by EQUITY OFFICE PROPERTIES TRUST, a
Maryland real estate investment trust, as the general partner (the "GENERAL
PARTNER") of EOP Operating Limited Partnership, a Delaware limited partnership
(the "PARTNERSHIP"), for itself and on behalf of itself and the Limited Partners
of the Partnership, and those persons whose signatures are set forth on the
signature page attached hereto.
WHEREAS, on the date hereof, Xxxxx Investments LLC, a California
limited liability company, Xxxxxxx Xxxxx, Xxxxxxx Xxxxxxxxxxx and Xxx Xxx Xxxxx
("CONTRIBUTORS"), are receiving a total of 42,397 Class A Units of limited
partnership interest in the Partnership ("OP UNITS") in exchange for their
interests in KFRITZ Investors LLC, a California limited liability company
pursuant to a closing under, and as more particularly described in, that certain
Contribution Agreement (the "CONTRIBUTION AGREEMENT") dated December 21, 2000,
by and among, the Contributors (as defined in the Contribution Agreement, the
"KFRITZ A Members"), EOP/KFRITZ Investors, L.L.C., a Delaware limited liability
company (all of the interests of which are held by the Partnership), and the
other parties thereto;
WHEREAS, pursuant to the authority granted to the General Partner under
the Second Amended and Restated Agreement of Limited Partnership of EOP
Operating Limited Partnership dated as of June 19, 2000, as amended (the
"PARTNERSHIP AGREEMENT"), the General Partner desires to amend the Partnership
Agreement to reflect the admission of the Contributors as Additional Limited
Partners; and
WHEREAS, the Contributors desire to become parties to the Partnership
Agreement and to be bound by all of the terms, conditions and other provisions
of this Amendment and the Partnership Agreement;
NOW, THEREFORE, in consideration of the premises set forth above and
for other good and valuable consideration, the receipt and sufficiency of which
hereby are acknowledged, the General Partner hereby amends the Partnership
Agreement as follows:
Exhibit A to the Partnership Agreement hereby is amended to reflect the
admission of the Contributors as Additional Limited Partners to the
Partnership. Exhibit A attached to this Amendment contains the name,
address, Capital Account, number of Partnership Units and percentage
interest of such Additional Limited Partners admitted to the
Partnership hereby and shall be deemed attached to, and an addendum of,
Exhibit A to the Partnership Agreement for all relevant purposes.
All capitalized terms used in this Amendment and not otherwise defined
shall have the meanings assigned to them in the Partnership Agreement or the
Contribution Agreement, as applicable. Except as modified herein, all terms and
conditions of the Partnership Agreement shall remain in full force and effect,
which terms and conditions the General Partner hereby ratifies and affirms. Time
is of the essence of each and every provision of this Amendment.
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IN WITNESS WHEREOF, the undersigned has executed this Amendment as of
the date first set forth above.
EQUITY OFFICE PROPERTIES TRUST, a Maryland real
estate investment trust, the General Partner of EOP
Operating Limited Partnership, for itself and on
behalf of existing Limited Partners
By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxxx X. Xxxxxxx
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Title: Executive Vice President, Chief Legal Counsel
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and Secretary
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AGREED AND ACKNOWLEDGED:
CONTRIBUTORS:
XXXXX INVESTMENTS LLC
By: /s/ R. Xxxxxxx Xxxxx
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Its: Manager
/s/ Xxxxxxx Xxxxx
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XXXXXXX XXXXX
/s/ Xxxxxxx Xxxxxxxxxxx
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XXXXXXX XXXXXXXXXXX
/s/ Xxx Xxx Xxxxx
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XXX XXX XXXXX
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EXHIBIT A
CLASS A UNITS
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PARTNERSHIP INITIAL CAPITAL PERCENTAGE
NAME AND ADDRESS OF PARTNER UNITS ACCOUNT(1) INTEREST(2)
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(1) For purposes of this Exhibit A to this Amendment, the initial Capital
Account reflects the agreed value of the interests contributed to EOP/KFRITZ
Investors L.L.C. on December 21, 2000, as provided in the Contribution
Agreement. The initial Capital Account set forth in this Exhibit A will be
aggregated with the existing Capital Account, if any, of each Partner and,
subsequently, will be maintained in accordance with Exhibit B to the Partnership
Agreement.
(2) For purposes of this Exhibit A to this Amendment, the percentage interest
reflects only the Limited Partner Interest received by the Partner in connection
with the Contribution Agreement on December 21, 2000, and is in addition to
other interests, if any, held by such Partner.
