SEVENTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP

Exhibit 10.1

SEVENTH AMENDMENT

TO

SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

OF

RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP

This Seventh Amendment (this “Amendment”) to the Partnership Agreement (as defined below) of Retail Opportunity Investments Partnership, LP, a Delaware limited partnership (the “Partnership”), is made and entered as of October 11, 2017 by Retail Opportunity Investments GP, LLC, a Delaware limited liability company, which is the sole general partner of the Partnership (the “General Partner”).

WHEREAS, an Amendment to the Certificate of Limited Partnership of the Partnership was filed in the office of the Secretary of State of the State of Delaware on January 5, 2010;

WHEREAS, the General Partner and the limited partners of the Partnership entered into an Agreement of Limited Partnership of the Partnership, dated as of January 5, 2010, pursuant to which the Partnership was formed;

WHEREAS, the General Partner and the limited partners of the Partnership entered into the Second Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of September 27, 2013, as amended on December 11, 2014, and as further amended on December 4, 2015, December 10, 2015, December 31, 2015, March 10, 2016 and March 24, 2017 (the “Partnership Agreement”);

WHEREAS, capitalized terms used but not defined herein shall have the meanings ascribed to them in the Partnership Agreement;

WHEREAS, pursuant to the terms and provisions of that certain Contribution Agreement dated April 10, 2017, by and among the Partnership and the Contributors (as defined therein), as amended by that certain First Amendment to Contribution Agreement, dated May 10, 2017, and as further amended by that certain Second Amendment to Contribution Agreement, dated May 12, 2017 and that certain Third Amendment to Contribution Agreement, dated September 7, 2017 (collectively, the “Contribution Agreement”), the Partnership, or its assignee, intends to acquire certain properties, including the real property and improvements commonly known as Fullerton Crossroads, in the City of Fullerton, State of California, with street address 3200-3362 E. Xxxxx Xxxxx Xxxxxxxxx, Xxxxxxxxx, Xxxxxxxxxx 00000, and the real property and improvements commonly known as Riverstone Marketplace, in the City of Vancouver, State of Washington, with xxxxxx xxxxxxx 00000 & 00000 XX 00^xx Xxxxxx, 0000, 3425 & 0000 XX 000^xx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxx 00000 (the “Properties”) from the Contributors;

WHEREAS, in connection with the Contribution Agreement, the Partnership shall issue OP Units, to pay a portion of the Contribution Consideration (as defined in the Contribution Agreement) for the Properties, to the Contributors in exchange for the Properties in accordance with the terms of the Contribution Agreement;

WHEREAS, pursuant to Section 4.03(a) of the Partnership Agreement, the General Partner has the power, without the prior consent of the Limited Partners (as defined in the Partnership Agreement), to cause the Partnership to issue additional Partnership Interests, in the form of Partnership Units (which includes OP Units), on such terms and conditions as shall be established by the General Partner in its sole and absolute discretion, in accordance with the Partnership Agreement; and

WHEREAS, pursuant to Sections 4.03(a) and 7.03(c) of the Partnership Agreement, the General Partner has the power, without the prior consent of the Limited Partners, to amend the Partnership Agreement to reflect any change in ownership of Partnership Interests, and the General Partner has determined that it is necessary and desirable to amend the Partnership Agreement, including any exhibits or schedules thereto, in order to reflect such changes.

NOW, THEREFORE, the General Partner desires to effect this Amendment to the Partnership Agreement as provided herein:

1.	Exhibit A. Exhibit A to the Partnership Agreement is hereby amended and restated in its entirety as set forth in Schedule A hereto.
2.	Partnership Agreement. Except as set forth herein, the Partnership Agreement shall remain in full force and effect.
3.	Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws of the State of Delaware.

[The remainder of this page has been intentionally left blank]

IN WITNESS WHEREOF, this Seventh Amendment to the Partnership Agreement has been executed as of the date first written above.

GENERAL PARTNER:

Retail Opportunity Investments GP, LLC,

a Delaware limited liability company

By:	Retail Opportunity Investments Corp.,
	a Maryland corporation,
	its sole member
	By:	/s/ Xxxxxxx X. Xxxxxx
	Name:	Xxxxxxx X. Xxxxxx
	Title:	Chief Financial Officer

[Signature Page to Seventh Amendment to Partnership Agreement]

SCHEDULE A

PARTNERS AND PARTNERSHIP UNITS

As of October 11, 2017

Name of Partner	Partnership Units (Amount)	Type	Address
General Partner:
Retail Opportunity Investments GP, LLC	1,238,146	OP Units	0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Chief Financial Officer Facsimile No.: (000) 000-0000
Limited Partners:
Retail Opportunity Investments Corp.	108,492,050	OP Units	0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Chief Financial Officer Facsimile No.: (000) 000-0000
Xxxx Xxxx	23,986	OP Units	00000 Xxxxxx Xxx. Xxxxxxx Xxxxxxxxx, XX 00000
Xxx Xxxx	14,290	OP Units	00 Xxxxxxx Xxxxxx Xxxxxxxx, XX 00000
Xxxx Family Trust	23,010	OP Units	c/o Rawson, Xxxx & Co. 000 Xxxxxxx Xxxxxx, Xxxxx 000 Xxx Xxxxxxxxx, XX 00000
Xxxx Irrev. Trust, The Xxxxxx	4,602	OP Units	c/o Rawson, Xxxx & Co. 000 Xxxxxxx Xxxxxx, Xxxxx 000 Xxx Xxxxxxxxx, XX 00000
Xxxxx Xxxx	14,919	OP Units	000 Xx. Xxxxx Xxxxxxxx Xxxx Xxxxxxxxxx, XX 00000
Clahan Revocable Trust	46,840	OP Units	c/o Xxxxxx Xxxxxx 00 Xxxxxx Xxxxxx Xxxxxxxxx, XX 00000
Xxxxxx X. Xxxx	53,967	OP Units	0000 Xxxxxx Xxxxx, #000 Xxx Xxxxx, XX 00000

Name of Partner	Partnership Units (Amount)	Type	Address
Xxxxx Xxxx	11,850	OP Units	00000 XX 0xx Xx, Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxxxx Xxxx	14,290	OP Units	c/o Rawson, Xxxx & Co. 000 Xxxxxxx Xxxxxx, Xxxxx 000 Xxx Xxxxxxxxx, XX 00000
Xxxxx Xxxx	10,889	OP Units	00000 XX 0xx Xx, Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxxxx Xxxx	8,295	OP Units	00000 XX 0xx Xx, Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxxxx, Xxxx & Co.	732	OP Units	c/o Rawson, Xxxx & Co. 000 Xxxxxxx Xxxxxx, Xxxxx 000 Xxx Xxxxxxxxx, XX 00000
Xxxxxx, Living Trust	79,562	OP Units	c/o Xxxxx Xxxxxx 0000 Xxxxx Xxxxxx Xxx Xxxxxxxxx, XX 00000
Xxxxxxx Xxxxxxxxxx	10,889	OP Units	0000 00xx Xxxxxx XX Xxxxxxx, XX 00000
SARM Enterprises	424,499	OP Units	00000 XX 0xx Xx, Xxxxx 0000 Xxxxxxxx, XX 00000
Sher GP, Inc.	4,196	OP Units	c/o Xxxxxx Xxxx 00000 XX 0xx Xx., Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxxxxx & Xxxxxx Xxxx Living Trust	243,174	OP Units	c/o Sher Partners 00000 XX 0xx Xx., Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxx, Xxxxxx	143,160	OP Units	00000 XX 0xx Xx., Xxxxx 0000 Xxxxxxxx, XX 00000
TCA Holdings LLC	1,381,813	OP Units	00000 XX 0xx Xx., Xxxxx 0000 Xxxxxxxx, XX 00000
Terranomics	2,209	OP Units	c/o Sher Partners 00000 XX 0xx Xx., Xxxxx 0000 Xxxxxxxx, XX 00000
Xxxxxx Xxxxx	24,236	OP Units	00 Xxxx Xxxxx Xxxx Xxxxxxx, XX 00000
W&P Xxxxxxx Trust dated 9/13/11	17,172	OP Units	00000 Xxxxxxxxxx Xxxx Xxxxx, XX 00000

Name of Partner	Partnership Units (Amount)	Type	Address
Xxxxx X. Xxxxxx and Xxx X. Xxxxxx Revocable Trust U/A dated December 12, 1996	113,657	OP Units	000 Xxxxx Xxxx Xxxxx, XX 00000
2015 JSG Separate Property Trust dated as of November 24, 2015	20,254	OP Units	000 Xxxxx Xxxx Xxxxx, XX 00000
Xxxxxx Xxxxxx	13,190	OP Units	0000 Xxxx Xxxxxx Xxx Xxxxxxxxxxx, XX 00000
Xxxxxxx XxXxxxxxxx	32,210	OP Units	00000 Xxxxx Xxxx Xxxx Xxxxxxxxxx, XX 00000
Xxxxxx X. XxXxxxxxxx	32,210	OP Units	000 Xxxxxxxx Xxxx Xxxxxxxx, XX 00000
Xxxxxxx XxXxxxxxxx	32,210	OP Xxxxx	00 Xxxxx Xx. Xxxxxxxxx, XX 00000
Xxxx X. XxXxxxxxxx QTIP Trust dated April 28, 1988	32,210	OP Units	0 Xxxxx Xxxxx Xxxxxxxx, XX 00000
Xxxxx Xxxxxxxxx	32,210	OP Units	0000 X. Xxxxxxx Xxx Xxxxxxx, XX 00000
CDD&D Management, LLC	1,627	OP Units	000 Xxxxxxxx Xxxx Xxxxxxxx, XX 00000
Cesped 1992 Family Trust dated February 26, 1992	65,065	OP Units	000 Xxxxx Xxxxx Xxxxxxx Xxxxxxx, XX 00000
Xxxxx X. Xxxxxx	16,271	OP Units	00000 Xxxxxxxxxxxx Xx Xxxxxx, XX 00000
Xxxxxx 2005 Family Trust	16,271	OP Units	000 Xxxxxxxxxxx Xxx Xxx Xxxxxx, XX 00000
Holpainen Holdings, LLC	32,533	OP Units	0000 X. Xxxxxxx Xxx Xxxxxxx, XX 00000
Xxxx Xxxxxxxx & Xxxxx Xxxxxxxx	16,267	OP Units	0000 Xxxxx Xx. Xxxxxxx, XX 00000
Xxxxxxxx Family Trust dated May 21, 2004	32,556	OP Units	000 Xxxxxxxxx Xxxx. Xxxx Xxxxxxxxxx, XX 00000
Xxx and Xxxxxx Xxxxxxxx Family Revocable Trust Established May 1,2006	40,685	OP Units	000 Xxxxxxxxx Xxxx. Xxxx Xxxxxxxxxx, XX 00000
Xxxx X. Xxxxxxxx and Xxxxxx Xxxxxxxx	40,685	OP Units	000 Xxxxxxxxx Xxxx. Xxxx Xxxxxxxxxx, XX 00000
Xxxxxxx X. Xxxxxxxx and Xxxxxxxx Xxxxxxxx	8,141	OP Units	000 Xxxxxxxxx Xxxx. Xxxx Xxxxxxxxxx, XX 00000

Name of Partner	Partnership Units (Amount)	Type	Address
Xxxxxxx X. Xxxxxxxx	118,787	OP Units	000 Xxxxxxxxx Xxxxx Xxxxxxxxx, XX 00000
Xxx Xxxxxxxx	305,911	OP Units	00000 XX Xxxxx Xxxx Xxxx Xxxxxxx, XX 00000
Xxxxx Xxxxxxxx	117,658 188,253 (SC Limited Participation)	OP Units	0 Xxxxx Xxxx Xxxxx #00x Xxxxxxxx, XX 00000
Xxxxxxx Xxxxxxxx	289,017	OP Units	0000 Xxxxxxxxx Xxxx Xxxxxx Xxxxxx, XX 00000
Plaza International	4,393,064	OP Units	00000 Xxxxxxx Xxxxxxxxx Xxxxxxxx Xxxxx, XX 00000
Xxxxxxx Property Company	2,434,833	OP Units	Xxxxxxx Property Company 000 Xxxxx Xxxx, Xxxxx 000 Xxxxx Xxxxxxx, Xxxxxxxxxx 00000
Xxxxx X. Xxxxxxxx	200,000	OP Units	00000 Xxx Xxxx Xxxx Xxxxxx, Xxxxxx 00000
Xxxx Xxxxxxxx Xxxxx	494,636	OP Units	00000 Xxx Xxxx Xxxx Xxxxxx, Xxxxxx 00000
The Uhlmann Offices, Inc.	1,823,990	OP Units	00000 Xxxxxxxxx Xxxxx Xxxxx 000 Xxxxxxx Xxxx, Xxxxxxxxxx 00000
Fullerton Land Holdings, LLC	581,440	OP Units	00000 Xxxxxxxxx Xxxxx Xxxxx 000 Xxxxxxx Xxxx, Xxxxxxxxxx 00000
TOTALS	123,814,617	OP Units