AMENDMENT TO TEEBANK LIMITED PARTNERSHIP AGREEMENT
AMENDMENT
TO
TEEBANK LIMITED PARTNERSHIP AGREEMENT
The undersigned, being all of the partners in Teebank Limited Partnership (“Partnership”), hereby amend the provisions of that certain Limited Partnership Agreement dated January 1, 2006 (“Agreement”) in accordance with Section 14.1 of the Agreement.
Addition of Paragraph 7.1(g) to Article 7 of the Agreement
New paragraph 7.1(g) will read as follows:
7.1 (g) Notwithstanding any other provision of this Agreement to the contrary, an existing partner that contributes assets to the Partnership shall receive one General Partnership unit and an additional pro rata number of Limited Partnership units. The one general partnership unit will be freely transferable to any other partner, and the general partner who owns such unit may, so long as such general partner owns any limited partnership units issued at the same time as the one general partnership unit, withdraw the assets contributed (including all proceeds received in exchange for such assets and any undistributed income attributable to such assets) at any time by giving written notice to the remaining General Partners. In all other respects, the owner of the one general partnership unit will be a General Partner as provided in this Agreement.
In all other respects, the Partnership Agreement, as initially adopted effective January 1, 2006, will remain in full force and effect.
In order to evidence their understanding of and agreement to all the terms and conditions of this instrument, the parties have signed multiple copies of this Agreement, each one of which, when signed by all the parties, will be considered an original.
Date: August 14, 2020
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General Partners: |
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Limited Partners: | |
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Xxxx X. Xxxxxx Irrevocable Trust dated July 31, 2006 |
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/s/ Xxxxx Xxxxxx | |
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Xxxxx Xxxxxx | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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/s/ Xxxxxx Xxxxxx-Xxxxxx |
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Xxxxxx X. Xxxxxx, Co-Trustee |
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Xxxxxx Xxxxxx-Xxxxxx |
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Xxxxxx X. Xxxxxx Revocable Trust dated |
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/s/ Xxxxx Xxxxxx | |
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October 3, 2014 as amended |
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Xxxxx Xxxxxx | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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/s/ Xxxxxxx Xxxxxx-Xxxxxx | |
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Xxxxxxx Xxxxxx-Xxxxxx | |
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/s/ Xxxxx Xxxxxx | |
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Xxxxx Xxxxxx | |
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/s/ Xxxxx Xxxxxx | |
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Xxxxx Xxxxxx | |
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Xxxx X. Xxxxxx Revocable Trust dated June 8, 2017 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxx X. Xxxxxx Revocable Trust dated October 3, 2014 as amended | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxxx Xxxxxx Revocable Trust dated February 5, 2012 (Xxxx X. Xxxxxx Marital Trust) | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxx Xxxxxx Trust dated December 27, 1989 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxx Xxxxxx-Xxxxxx Trust of 2011 dated August 1, 2011 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxxx Xxxxxx Trust dated December 27, 1989 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxxx Xxxxxx-Xxxxxx Trust of 2011 dated August 1, 2011 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust dated December 27, 1989 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Grantor Trust of 2011 dated August 1, 2011 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust dated January 2, 1992 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust of 2011 dated August 1, 2011 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust dated June 1, 1992 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Grantor Trust of 2011 dated August 1, 2011 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxxxx Xxxxxx Irrevocable Trust dated January 13, 2004 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Irrevocable Trust dated June 22, 2009 | |
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Xxxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust of 2012 dated November 7, 2012 | |
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Xxxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Irrevocable Trust dated June 22, 2009 | |
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Xxxxxxx X. Xxxxxx, Trustee |
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Xxxxx Xxxxxx Trust of 2012 dated November 7, 2012 | |
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Xxxxxxx X. Xxxxxx, Trustee |
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Xxxxxx Trust of 2012 dated November 9, 2012 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Trustee |
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Xxxx X. Xxxxxx Irrevocable Trust dated July 31, 2006 | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx, Co-Trustee |
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Xxxxxx X. Xxxxxx Irrevocable Trust dated December 10, 2018 | |
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By: |
/s/ Xxx Xxxxxx |
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Xxx Xxxxxx, Co-Trustee |
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Xxxxxxx Xxxxxx Xxxxxx 2018 Irrevocable Trust dated November 5, 2018 | |
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By: |
/s/ Xxxxxx Xxxxxx-Xxxxxx |
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Xxxxxx Xxxxxx-Xxxxxx, Co-Trustee |
