FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP
EXHIBIT 3.6
FOURTH AMENDMENT
TO
SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
OF
RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP
This Fourth 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 December 31, 2015 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 and December 10, 2015 (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 Purchase and Sale Agreement dated December 9, 2015, by and among Retail Opportunity Investments Corp., a Maryland corporation (the “REIT”), the Partnership, and the Seller (as defined therein) (the “Purchase Agreement”), the Partnership, or its assignee, intends to purchase the real property and improvements commonly known as Warner Plaza located at 00000 Xxxxxxx Xxxxxxxxx, Xxxxxxxx Xxxxx, XX 00000 (the “Property”) from the Sellers;
WHEREAS, in connection with the Purchase Agreement, the REIT and the Partnership entered into a Contribution Agreement, dated the date hereof, with the Seller (as defined therein, the “Contributor”)), and the Partnership shall issue OP Units, to pay the Purchase Price (as defined in the Purchase Agreement) for the Property, to the Contributors in exchange for the Property in accordance with the terms of the Purchase 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 it 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.
|
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IN WITNESS WHEREOF, this Fourth 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 Fourth Amendment to Partnership Agreement]
SCHEDULE A
PARTNERS AND PARTNERSHIP UNITS
As of December 31, 2015
| Name of Partner | Partnership Units (Amount) | Type | Address |
| General Partner: | |||
| Retail Opportunity Investments GP, LLC | 1,113,323 | OP Units |
0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Chief Financial Officer |
| Limited Partners: | |||
| Retail Opportunity Investments Corp. | 98,023,311 | OP Units |
0000 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx 00000 Attention: Chief Financial Officer |
| 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 | 48,010 | 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 Xxxx | 14,371 | OP Units | 000 Xxxx Xxxxxx, #0000 Xxx Xxxxxxxxx, XX 00000 |
| Name of Partner | Partnership Units (Amount) | Type | Address |
| Xxxxx Xxxx | 11,850 | OP Units |
00000 XX 0xx Xx, Xxxxx 000 Xxxxxxxx, XX 00000 |
| Xxxxxx Xxxx | 14,290 | OP Units |
0000 00xx Xxxxxx Xxx Xxxxxxxxx, XX 00000 |
| Xxxxx Xxxx | 10,889 | OP Units |
00000 XX 0xx Xx, Xxxxx 000 Xxxxxxxx, XX 00000 |
| Xxxxxx Xxxx | 8,295 | OP Units |
00000 XX 0xx Xx, Xxxxx 000 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 | 566,499 | OP Units |
00000 XX 0xx Xx, Xxxxx 000 Xxxxxxxx, XX 00000 |
| Sher GP, Inc. | 4,196 | OP Units |
c/o Xxxxxx Xxxx 00000 XX 0xx Xx., Xxxxx 000 Xxxxxxxx, XX 00000 |
| Xxxx, Xxxxxxx & Xxxxxx Living Trust | 128,632 | OP Units |
c/o Sher Partners 00000 XX 0xx Xx., Xxxxx 000 Xxxxxxxx, XX 00000 |
| Xxxx, Xxxxxx | 143,160 | OP Units |
00000 XX 0xx Xx., Xxxxx 000 Xxxxxxxx, XX 00000 |
| TCA Holdings LLC | 1,581,813 | OP Units |
00000 XX 0xx Xx., Xxxxx 000 Xxxxxxxx, XX 00000 |
| Terranomics | 2,209 | OP Units |
c/o Sher Partners 00000 XX 0xx Xx., Xxxxx 000 Xxxxxxxx, XX 00000 |
| Xxxxxx Xxxxx | 24,236 | OP Units |
00 Xxxx Xxxxx Xxxx Xxxxxxx, XX 00000 |
| W&P Xxxxxxx Trust dated 9/13/11 | 2,813 | OP Units |
00000 Xxxxxxxxxx Xxxx Xxxxx, XX 00000 |
| XX Xxxxxxxx, LLC | 989,272 | OP Units |
00000 Xxx Xxxx Xxxx Xxxxxx, Xxxxxx 00000 |
| Name of Partner | Partnership Units (Amount) | Type | Address |
| Xxxxxx X. Xxxxx | 377,788 | OP Units |
000 Xxxxx Xxxx Xxxxx, XX 00000 |
| 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 | 20,254 | OP Units |
0000 Xxxx Xxxxxx Xxx Xxxxxxxxxxx, XX 00000 |
| XxXxxxxx Family Trust dated January 6, 1993 | 150,503 | OP Units |
000 Xxxxxxxx Xxxx. Xxxxxxx Xxxxxxx, 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 |
| Name of Partner | Partnership Units (Amount) | Type | Address |
| 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 |
| Xxxxxxx X. Xxxxxxxx | 118,787 | OP Units |
000 Xxxxxxxxx Xxxxx Xxxxxxxxx, XX 00000 |
| ACSW, LLC | 705,947 (SC Redeemable) | OP Units |
0000 Xxxx Xxxxxxxxxx Xxxx. XX # 000 Xxxxxxxx, XX 00000 |
| Xxxxx Xxxx LLC | 705,947 (SC Redeemable) | OP Units |
0000 X. Xxxxxx Xxx, Xxxxxx Xxxxxx, XX 00000 |
| Xxx Xxxxxxxx |
70,595 (SC Redeemable) 94,126 (SC Limited Participation) 305,911 |
OP Units |
00000 XX Xxxxx Xxxx Xxxx Xxxxxxx, XX 00000 |
| Xxxxx Xxxxxxxx |
282,379 (SC Redeemable) 188,253 (SC Limited Participation) |
OP Units |
0 Xxxxx Xxxx Xxxxx #00x Xxxxxxxx, XX 00000 |
| Xxxxxxx Xxxxxxxx |
181,615 (SC Redeemable) 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 |
| TOTALS | 111,332,237 | OP Units |
