Exhibit 10.5 FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF CARRAMERICA REALTY, L.P. THIS FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF CARRAMERICA REALTY, L.P. (this "Fourth...
Exhibit 10.5
FOURTH AMENDMENT TO
SECOND AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP
OF
CARRAMERICA REALTY, L.P.
THIS FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT
OF LIMITED PARTNERSHIP OF CARRAMERICA REALTY, L.P. (this "Fourth Amendment"),
dated as of December 31, 1998, is entered into by CarrAmerica Realty GP
Holdings, Inc., a Delaware corporation, as general partner (the "General
Partner") of CarrAmerica Realty, L.P. (the "Partnership"), for itself and on
behalf of the limited partners of the Partnership.
WHEREAS, pursuant to the authority granted to the General
Partner pursuant to the Second Amended and Restated Agreement of Limited
Partnership of the Partnership (the "Partnership Agreement"), the General
Partner desires to amend the Partnership Agreement to amend and restate Exhibit
A thereto to reflect various issuances of Class B Units to the General Partner
and CarrAmerica Realty LP Holdings, Inc.
NOW, THEREFORE, in consideration of the premises and for other
good and valuable consideration, the receipt and sufficiency of which hereby are
acknowledged, the General Partner hereby amends Exhibit A to the Partnership
Agreement by replacing such Exhibit A with the Exhibit A attached to this Fourth
Amendment.
All capitalized terms used in this Fourth Amendment and not
otherwise defined shall have the meanings assigned in the Partnership Agreement.
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.
IN WITNESS WHEREOF, the undersigned has executed this Fourth
Amendment as of the date first set forth above.
CARRAMERICA REALTY GP HOLDINGS, INC.,
as General Partner of CarrAmerica Realty, L.P.
and on behalf of the Limited Partners of
CarrAmerica Realty, L.P.
By: /s/ Xxxxx X. Xxxxxx
-----------------------------------
Name: Xxxxx X. Xxxxxx
-----------------------------------
Title: Secretary
-----------------------------------
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EXHIBIT A
PARTNERS AND PARTNERSHIP INTERESTS
CLASS A CLASS B CLASS C
PARTNERSHIP PARTNERSHIP PARTNERSHIP
NAME AND ADDRESS OF PARTNER UNITS UNITS UNITS
--------------------------- ----- ----- -----
GENERAL PARTNER:
CarrAmerica Realty GP 143,622
Holdings, Inc. Class B Units
0000 Xxxxxxxxxxxx Xxxxxx, X.X.
Xxxxxxxxxx X.X. 00000
LIMITED PARTNERS:
CarrAmerica Realty LP 12,441,008
Holdings, Inc. Class B Units
0000 Xxxxxxxxxxxx Xxxxxx, X.X.
Xxxxxxxxxx X.X. 00000
Xxxxxxx X. Xxxxx 190,796 243,795
1402 Xxxxxxxxx Class A Xxxxx Xxxxx X Xxxxx
Xxxxxx, Xxxxx 00000
Xxxxx X. Xxxxxxxx 164,588 243,795
c/x Xxxxxxxxxxx Real Estate Company Class A Units Class C Units
Congress at 6th Street
Austin, Texas 78701
Xxxxxxx X. Xxxxxxxx, Xx. 52,003
c/x Xxxxxxxxxxx Real Estate Company Class C Units
Congress at 0xx Xxxxxx
Xxxxxx, Xxxxx 00000
CLASS D CLASS E AGREED INITIAL
PARTNERSHIP PARTNERSHIP CAPITAL PERCENTAGE
NAME AND ADDRESS OF PARTNER UNITS UNITS ACCOUNT INTEREST
--------------------------- ----- ----- ------- --------
GENERAL PARTNER:
CarrAmerica Realty GP $ 4,129,273 1.00%
Holdings, Inc. (1.14% of
0000 Xxxxxxxxxxxx Xxxxxx, X.X. Class B Units)
Washington D.C. 20006
LIMITED PARTNERS:
CarrAmerica Realty LP $349,060,750 86.62%
Holdings, Inc. (98.86% of
0000 Xxxxxxxxxxxx Xxxxxx, X.X. Class B Units)
Washington D.C. 20006
Xxxxxxx X. Xxxxx $10,484,508 3.03%
1402 Xxxxxxxxx (20.08% of
Xxxxxx, Xxxxx 00000 Class A Units,
45.18% of
Class C Units)
Xxxxx X. Xxxxxxxx $9,852,240 2.85% (17.32% of
c/x Xxxxxxxxxxx Real Estate Company Class A Units,
Congress at 0xx Xxxxxx 45.18% of
Xxxxxx, Xxxxx 00000 Class C Units)
Xxxxxxx X. Xxxxxxxx, Xx. $1,254,572 0.36%
c/x Xxxxxxxxxxx Real Estate Company (9.64% of
Congress at 0xx Xxxxxx Class C Units)
Xxxxxx, Xxxxx 00000
CLASS A CLASS B CLASS C
PARTNERSHIP PARTNERSHIP PARTNERSHIP
NAME AND ADDRESS OF PARTNER UNITS UNITS UNITS
--------------------------- ----- ----- -----
Plaza Developers Holdings LLC 11,452
0000 Xxxx Xxxxxxx Xxxx Class A Xxxxx
Xxxxx 000X
Xxxxxxxxx, Xxxxxxxx 00000
Bristol Plaza 3,781
0000 Xxxxxxx Xxxxxx Class A Xxxxx
Xxxxx 000
Xxxxx Xxxx, Xxxxxxxxxx 00000
Bannockburn General Partnership 144,094
0000 Xxx Xxxxx Xxxxxx Class A Units
Xxxxxxxx, Xxxxxxxxxx 00000
Xxxxx Xxx Xxxxxxxx 100,016
0000 Xxxx Xxxxxx Xxxxx Xxxxx X Xxxxx
Xxxxx, Xxxx 00000
Xxxxx X. Xxxxxxx 100,016
000 Xxxx Xxxxxxxx Xxx Class A Units
Xxxxxx, Xxxx 00000
Xxxxxx X. Xxxxxxxx 9,162
000 Xxxxxxx Xxxxx Class A Xxxxx
Xxxxxx, Xxxx 00000
F. Xxx Xxxxxx 9,162
0000 Xxxxxxxxxx Xxxx Xxxxxx Class A Units
Xxxx Xxxx Xxxx, Xxxx 00000
Xxxxx XxXxx Xxxxxxxx 84,789
0000 Xxxxx Xxxx Xxxxxx Class A Xxxxx
Xxxx Xxxx Xxxx, Xxxx 00000
CLASS D CLASS E AGREED INITIAL
PARTNERSHIP PARTNERSHIP CAPITAL PERCENTAGE
NAME AND ADDRESS OF PARTNER UNITS UNITS ACCOUNT INTEREST
--------------------------- ----- ----- ------- --------
Plaza Developers Holdings LLC $280,000 0.08%
0000 Xxxx Xxxxxxx Xxxx (1.21% of
Suite 430N Class A Units)
Xxxxxxxxx, Xxxxxxxx 00000
Bristol Plaza $100,000 0.03%
0000 Xxxxxxx Xxxxxx (0.40% of
Suite 260 Class A Units)
Xxxxx Xxxx, Xxxxxxxxxx 00000
Bannockburn General Partnership $4,553,364 1.00%
0000 Xxx Xxxxx Xxxxxx (15.17% of
Xxxxxxxx, Xxxxxxxxxx 00000 Class A Units)
Xxxxx Xxx Xxxxxxxx $2,945,465 0.70%
0000 Xxxx Xxxxxx Xxxxx (00.00% xx
Xxxxx, Xxxx 00000 Class A Units)
Xxxxx X. Xxxxxxx $2,945,465 0.70%
000 Xxxx Xxxxxxxx Xxx (10.53% of
Xxxxxx, Xxxx 00000 Class A Units)
Xxxxxx X. Xxxxxxxx $269,838 0.06%
000 Xxxxxxx Xxxxx (0.96% of
Xxxxxx, Xxxx 00000 Class A Units)
F. Xxx Xxxxxx $269,838 0.06%
0000 Xxxxxxxxxx Xxxx Xxxxxx (0.96% of
Xxxx Xxxx Xxxx, Xxxx 00000 Class A Units)
Xxxxx XxXxx Xxxxxxxx $2,497,036 0.59%
0000 Xxxxx Xxxx Xxxxxx (8.93% of
Xxxx Xxxx Xxxx, Xxxx 00000 Class A Units)
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CLASS A CLASS B CLASS C
PARTNERSHIP PARTNERSHIP PARTNERSHIP
NAME AND ADDRESS OF PARTNER UNITS UNITS UNITS
--------------------------- ----- ----- -----
MSI, Inc. 132,255
Arrow Press Square Class A Units
000 Xxxxx Xxxx Xxxxxx
Xxxxx 000
Xxxx Xxxx Xxxx, Xxxx 00000
Xxxx X. Xxxx, Trustee of the Xxxx Family
Trust u/d/t/ dated June 20, 1985
0000 Xxxxxxxxx Xxxx
Xxxxxx, Xxxxxxxxxx 00000
Xxxx X. XxXxxxxxx, Trustee of the
XxXxxxxxx Family Trust
u/d/t dated January 20, 1982
0000 Xxxx Xxxxxx Xxxx Xxxx
Xxxxxxxx Xxxxxx, Xxxxxxx 00000
Xxxxxx X. Xxxxxxx and Xxxxxxxx X.
Xxxxxxx, Co-Trustees of the Xxxxxxx
Family Trust u/d/t/ dated
September 3, 1980
0000 Xxxxxxxxx Xxxx
Xxxx Xxxxx, Xxxxxxxxxx 00000
Xxxxxxx X. Xxxxxxx and Xxxx X.
Xxxxxxx, Co-Trustees of the Xxxxxxx
Family Trust u/d/t/ dated
November 14, 1980
00000 Xxxxxxxxx Xxxxxx
Xxxxxxxxxx, Xxxxxxxxxx 00000
Xxxxxxxx X. Xxxx, Trustee of the
Xxxxxxxx X.
Xxxx Living Trust u/d/t/ dated
May 19, 1993
0000 Xxxxxxxxx
Xxxxxxxx, Xxxxxxxxxx
CLASS D CLASS E AGREED INITIAL
PARTNERSHIP PARTNERSHIP CAPITAL PERCENTAGE
NAME AND ADDRESS OF PARTNER UNITS UNITS ACCOUNT INTEREST
--------------------------- ----- ----- ------- --------
MSI, Inc. $3,894,898 0.92%
Arrow Press Square (13.92% of
000 Xxxxx Xxxx Xxxxxx Class X Xxxxx)
Xxxxx 000
Xxxx Xxxx Xxxx, Xxxx 00000
Xxxx X. Xxxx, Trustee of the Xxxx Family 24,408 $712,409 0.17%
Trust u/d/t/ dated June 20, 1985 Class D Units (8.99% of
0000 Xxxxxxxxx Xxxx Class D Units)
Xxxxxx, Xxxxxxxxxx 00000
Xxxx X. XxXxxxxxx, Trustee of the 48,816 $1,424,817 0.34%
XxXxxxxxx Family Trust Class D Units (17.99% of
u/d/t dated January 20, 1982 Class D Units)
0000 Xxxx Xxxxxx Xxxx Xxxx
Xxxxxxxx Xxxxxx, Xxxxxxx 00000
Xxxxxx X. Xxxxxxx and Xxxxxxxx X.
Xxxxxxx, Co-Trustees of the Xxxxxxx 86,865 $2,535,372 0.61%
Family Trust u/d/t/ dated Class D Units (32.01% of
September 3, 1980 Class D Units)
0000 Xxxxxxxxx Xxxx
Xxxx Xxxxx, Xxxxxxxxxx 00000
Xxxxxxx X. Xxxxxxx and Xxxx X. 86,865 $2,535,372 0.61%
Xxxxxxx, Co-Trustees of the Xxxxxxx Class D Units (32.01% of
Family Trust u/d/t/ dated Class D Units)
November 14, 1980
00000 Xxxxxxxxx Xxxxxx
Xxxxxxxxxx, Xxxxxxxxxx 00000
Xxxxxxxx X. Xxxx, Trustee of the 24,409 $712,438 0.17%
Xxxxxxxx X. Class D Units (8.99% of
Xxxx Living Trust u/d/t/ dated Class D Units)
May 19, 1993
1560 Grandview
Glendale, California
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CLASS A CLASS B CLASS C
PARTNERSHIP PARTNERSHIP PARTNERSHIP
NAME AND ADDRESS OF PARTNER UNITS UNITS UNITS
--------------------------- ----- ----- -----
Phoenix West Associates, Ltd.
0000 Xxxxxxxxx Xxxxxxxxx, XX
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
Versailles Associates Limited
Partnership
0000 Xxxxxxxxx Xxxxxxxxx, XX
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
Lakeview 436 Associates, Ltd.
0000 Xxxxxxxxx Xxxxxxxxx, XX
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
Pines Realty Associates, Ltd.
0000 Xxxxxxxxx Xxxxxxxxx, XX
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000 ____________ __________ __________
TOTAL: 950,111 12,584,630 539,593
============ =========== ==========
CLASS D CLASS E AGREED INITIAL
PARTNERSHIP PARTNERSHIP CAPITAL PERCENTAGE
NAME AND ADDRESS OF PARTNER UNITS UNITS ACCOUNT INTEREST
--------------------------- ----- ----- ------- --------
Phoenix West Associates, Ltd. 5,884 $176,157 .04%
0000 Xxxxxxxxx Xxxxxxxxx, XX Class E Units (35.62% of
Suite 000 Xxxxx X Xxxxx)
Xxxx Xxxxx, Xxxxxxx 00000
Versailles Associates Limited 5,039 $150,864 .04%
Partnership Class E Units (30.50% of
0000 Xxxxxxxxx Xxxxxxxxx, XX Class X Xxxxx)
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
Lakeview 436 Associates, Ltd. 2,748 $82,275 .02%
0000 Xxxxxxxxx Xxxxxxxxx, XX Class E Units (16.63% of
Suite 000 Xxxxx X Xxxxx)
Xxxx Xxxxx, Xxxxxxx 00000
Pines Realty Associates, Ltd. 2,849 $85,299 .02%
0000 Xxxxxxxxx Xxxxxxxxx, XX Class E Units (17.25% of
Xxxxx 000 Xxxxx X Xxxxx)
Xxxx Xxxxx, Xxxxxxx 00000 __________ __________ _____________ ____________
TOTAL: 271,363 16,520 $400,952,250 100.00%
========== ========== ============= ===========
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