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EXHIBIT 10.3
FIFTH AMENDMENT TO
SIXTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
As of July 16, 1998, the undersigned, being the sole general partner of
First Industrial, L.P. (the "PARTNERSHIP"), a limited partnership formed under
the Delaware Revised Uniform Limited Partnership Act and pursuant to the terms
of that certain Sixth Amended and Restated Limited Partnership Agreement, dated
March 18, 1998 (as amended by the first amendment thereto dated April 1, 1998
and the second amendment thereto dated April 3, 1998, the third amendment
thereto dated April 16, 1998, and the fourth amendment thereto dated May 20,
1998) (collectively, the "PARTNERSHIP AGREEMENT"), does hereby amend the
Partnership Agreement as follows:
Capitalized terms used but not defined in this Fifth Amendment (this
"AMENDMENT") shall have the same meanings that are ascribed to them in the
Partnership Agreement.
1. ADDITIONAL LIMITED PARTNERS. The Persons identified on SCHEDULE 1A
hereto are hereby admitted to the Partnership as Substituted Limited Partners or
Additional Limited Partners, as the case may be, owning the number of Units and
having made the Capital Contributions set forth on such SCHEDULE 1A. Such
persons hereby adopt the Partnership Agreement. The undersigned acknowledges
that those of the Persons identified on SCHEDULE 1A hereto that are Substituted
Limited Partners have received their Partnership Interests from various
Additional Limited Partners, and the undersigned hereby consents to such
transfers.
2. SCHEDULE OF PARTNERS. EXHIBIT 1B to the Partnership Agreement is
hereby deleted in its entirety and replaced by EXHIBIT 1B hereto which
identifies the Partners following consummation of the transactions referred to
in Section 1 hereof.
3. PROTECTED AMOUNTS. In connection with the transactions consummated
pursuant to that certain Contribution Agreement dated as of December 9, 1997, by
and between FR and Xxxxxxxx Xxxx Properties, Inc., a Florida corporation, TRAC
Design Builders, Inc., a Florida corporation, Xxxxxxxx Center I, Ltd., a Florida
limited partnership, TR Developers, Ltd., a Florida limited partnership,
Xxxxxxxx and Xxxxx Limited, a Florida limited partnership, TRA Limited, a
Florida limited partnership, Xxxxxxxx Center II Joint Venture, a Florida general
partnership, Xxxxxxxx Center Adamo Limited Partnership, a Florida limited
partnership, Xxxxxxxx-Xxxxx Sunventure, Ltd., a Florida limited partnership,
TK-SV, TK Properties, a Florida general partnership, the Principal, X.X.
Xxxxxxxx, Ltd., a Florida limited partnership f/k/a Xxxxxxxx Xxxxx Associates, a
Florida general partnership, and various additional individuals and entities; as
amended by that certain First Amendment to Contribution Agreement (as amended,
the "CONTRIBUTION AGREEMENT"); and certain Protected Amounts are being
established for the Additional Limited Partners admitted pursuant to this
Amendment, which Protected Amounts are reflected on EXHIBIT 1D attached hereto
and shall be incorporated as part of EXHIBIT 1D of the Partnership Agreement.
4. RATIFICATION. Except as expressly modified by this Amendment, all of
the provisions of the Partnership Agreement are affirmed and ratified and remain
in full force and effect.
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK;
SIGNATURE PAGE IMMEDIATELY FOLLOWS]
IN WITNESS WHEREOF, the undersigned has executed this Amendment as of the
date first written above.
FIRST INDUSTRIAL REALTY TRUST, INC.,
as sole general partner of the Partnership
By: /s/ Xxxx X. Xxxxx
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Name: Xxxx X. Xxxxx
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Title: Sr. V.P. Capital Markets
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SCHEDULE 1A
Additional Limited Partners Number of Units Capital Contribution
--------------------------- --------------- --------------------
Xxxxxx X. Xxxxxxxx 719 $22,411.23
Xxxxxx X. Xxxxx 471 $14,681.07
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EXHIBIT 1D
PROTECTED AMOUNTS
Protected Amount
----------------
1. Xxxxxx X. Xxxxxxxx $422,800
2. Xxxxxx X. Xxxxx $277,200
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EXHIBIT 1B
SCHEDULE OF PARTNERS
GENERAL PARTNER NUMBER OF UNITS
--------------- ---------------
First Industrial Realty Trust, Inc. 30,892,739
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxx Xxxxxx Lifetime Trust dated 2,384
11/1/65
Xxxxxx X. Xxxxxx, TR of the Xxxxxx 137,489
R. Andrew Trust UA Dec 29 92
Xxxxxxx X. Xxxxxxx 754
Xxxxxx X. Xxxxxx 6,767
Xxxxxxx X. Xxxxxx 22,381
E. Xxxxxx Xxxxxxx 3,374
Xxxxxxx Xxxxx 8,582
Xxxxxx X. Xxxxx 2,283
UA dated April 11, 1996 Xxxxxxx 1996 598
Revocable Family Trust
Xxxxx Xxxx 5,587
Xxxxxxxx Xxxx 28,804
Xxxxxxx X. Xxxxxxx 7,702
Xxxxxx Xxxxx 2,123
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx 1,970
& Xxxxx Xxxxxxxxx TR of the Xxxxxxx
Childrens Education Trust UA Dec 20
94, FBO Xxxxxxxx Xxxx Xxxxxxx
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LIMITED PARTNERS NUMBER OF UNITS
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Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx 1,970
& Xxxxx Xxxxxxxxx TR of the Xxxxxxx
Childrens Education Trust UA Dec 20
94, FBO Xxxxxxxxx Xxxxxx Xxxxxxx
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx 9,151
TR of the Xxxxx X. & Xxxxx X.
Xxxxxxx Trust UA Aug 28 92
Xxxxxx Xxxxxx 9,151
Calamer Inc. 1,233
Xxxxx X. Xxxxxx 1,388
Xxxxx Xxxxxxx 17,192
Xxxxx X. Xxxxxx Lifetime Trust dated 2,384
11/1/72
The Carthage Partners LLC 34,939
Cliffwood Development Company 64,823
Xxxxxxx Family Trust dated 5/6/69 137,833
Xxxxx Xxxxxxx 11,124
Xxxxxxx Xxxxxxx 17,377
Xxxxxxx X. Xxxx and Xxxxxx X. Xxxx, 634
tenants in the entirety
Xxxxxxxx Xxxxxx Coutret 7,327
Xxxxx Xxxxxxxx Xxxx 5,159
Xxxxxxxx Xxxxx Crow 2,602
Xxxxxxx X. Xxxxxx, TR of the Xxxxxxx 144,296
X. Xxxxxx Trust UA Nov 4 69
Xxxxx X. Debilak 5,447
Xxxxxx X. Xxxxxx 6,286
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LIMITED PARTNERS NUMBER OF UNITS
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C G Property Development 27,975
Xxxx and Xxxxxxxxx Xxxxx, joint 474
tenants
Xxxxxxx Xxxxx 48
Draizin Family Partnership, LP 357,896
Xxxxxx X. Xxxxxxx 149,531
Xxxxx Road Associates 29,511
Fitz & Xxxxx Partnership 3,410
Fourbur Family Co., L.P. 620,273
Gamma Three Associates Limited 3,338
Partnership
Xxxxxx X. Xxxxxxx and Xxxxxxx X. 6,166
Xxxxxxx, tenants in the entirety
Xxxx Xxxxxx & Xxxx Xxxxxx, joint 15,159
tenants with rights of survivorship
Xxxxx X. Xxxxx Trust UA Jan 16 81 36,476
Highland Associates Limited 69,039
Partnership
Xxxxxx X. Xxxxxx Xx. 150,146
Xxxxxx/Xxxxxxx Investment Corporation 22,079
Xxxxxx X. Xxxx 175,000
Internal Investment Company 3,016
Xxxxxxxxx X. Xxx 3,880
The Xxxx Xxxxxxxx Revocable Living 26,005
Trust UA March 23, 1978
Jayeff Associates Limited Partnership 16,249
Xxxxxxx X. Xxxxxxx 3,917
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LIMITED PARTNERS NUMBER OF UNITS
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Jernie Holdings Corp. 180,499
Xxxx X. De B Blockey Trust 8,293
Xxxxxx X. Xxxxxxx, Xx. and Xxxxxx X. 2,142
Xxxxxxx, tenants in the entirety
Xxxxxxx Xxxxxxx 2,183
Xxxxx Xxxxx 9,261
Xxxxxxx Investment Corporation 13,606
Xxxx X. Xxxxxxx 39,749
Xxxxxxxxx Xxxxxxx 417,961
Xxxxxx Xxxxxxx 18,653
LGR Investment Fund Ltd 22,556
Xxxxxxx Properties, L.L.C. 25,342
Princeton South at Lawrenceville LLC 4,692
Xxxxxxx Equities LP 254,541
Xxxxx Xxxx 617
R. Xxxxx Xxxxxx 754
J. Xxxxxxx Xxxxxxxx 12
Menlo Park Presbyterian Church 230
Xxxxxx Xxxxxx 2,922
Xxxxx Xxxxxx 2,000
The Xxxxxx Xxxxxxx Revocable Trust 149,531
UA October 22, 1976
Montrose Xxxxxxx Associates 4,874
Xxxxx Xxxxxx 56,184
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LIMITED PARTNERS NUMBER OF UNITS
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Xxxxxxx Xxxxxxxxxx 81,654
Xxxxxx Xxxxx 1,508
Xxxx X. Xxxxxxxxxx 10,076
New Land Associates Limited 1,664
Partnership
North Star Associates Limited 19,333
Partnership
Xxxxx X'Xxxxxx 13,845
Xxxxx X'Xxxxxx 66,181
Princeton South at Lawrenceville One 4,426
Xxxxxxx Xxxxxxx 2,000
Xxxxxxxxx Road Associates Limited 2,751
Partnership
R.C.P. Associates, a New Jersey 3,060
limited partnership
Xxxx X. Xxxx 1,071
Xxxxx X. Xxxxxxx and Xxxxx X. 2,142
Rexroth, as tenants in the entirety
Xxxxx X. Xxxxxxxx 40,154
Xxxxx X. Xxxxxxx 1,508
RJB Ford City Limited Partnership 158,438
RJB II Limited Partnership 40,788
Xxxxxx X. Xxxxxxx and Xxxxxxx X. 8,308
Xxxxxxx, tenants in the entirety
W.F.O. Xxxxxxxxxxx 634
Xxxxxx Xxx Xxxxxx 634
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LIMITED PARTNERS NUMBER OF UNITS
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Shadeland Associates Limited 42,976
Partnership
Shadeland Corporation 4,442
Xxx X. Xxxxxxx 66,984
Xxx X. Xxxxxxx and Xxxxxxxx X. 1,223
Shidler, tenants in the entirety
Xxxxxxx X. Xxxxx 2,829
Xxxxx X. Xxxxx, and Xxxxx X. Xxxxx, 754
tenants in the entirety
Xxxx X. Xxxxx and Xxxxx X. Xxxxx, 1,508
tenants in the entirety
Xxxxx Xxxxx 13,571
South Broad Company 72,421
South Gold Company 82,433
SRS Partnership 2,142
UA Dated May 21, 1996 FBO Xxxxxx 56,778
Xxxxx
S. Xxxxx Xxxxx 56,778
Xxxxxxxx Xxxxx 80,026
Suburban Roseland Associates, a 3,002
Limited Partnership
Xxxxxx X. Xxxxxxxxxx Trust 450
Xxxxxx X. Xxxxx & Xxxx X. Xxxxx, 2,283
Co-Trustees of the Xxxxxx X. Xxxxx &
Xxxx X. Xxxxx Trust Dated 10-18-89
Xxxxxxx X. Tomasz 25,847
Xxxxx X. Xxxxxx 2,142
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LIMITED PARTNERS NUMBER OF UNITS
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Xxx Xxxxx Associates 39,370
Worlds Fair Associates 6,134
Worlds Fair III Associates 14,094
The Worlds Fair Office Associates 3,343
Worlds Fair Partners Limited 1,664
Partnership
The Worlds Fair V Associates 3,340
The Worlds Fair 25 Associates 13,677
Brothers Partnership 1,748
BSDK Enterprises 3,596
Estate of Xxxxxx Xxxxx 3,912
Xxxx X. Xxxxxxx 17,022
Xxxxxxx X. Xxxxxxx 16,480
Xxxxxxxxx Xxxxxxxxxxx 3,800
Xxxx Trust dated 6/16/77 653
Xxxxx X. Xxxxxx 12,173
Xxx Xxxxx Xxxxxx 10,665
Xxxxx Xxxxxx-Xxxxx 12,173
Xxxxx Xxxxx 1,326
Xxxxx Xxxxx 3,177
Xxxxxxx Xxxx 2,216
J. Xxxxx Xxxxxxx 727
Xxxxxxx Family Trust dated 6/28/85 874
Xxxxxxxx X. Xxxxxxxx 9,387
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LIMITED PARTNERS NUMBER OF UNITS
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Xxxxxxx Xxxxx 27,797
Xxxxxxx & Xxxxxxx Xxxxx, joint 3,285
tenants
H/Airport GP Inc. 1,433
Xxxxxx Hack 22,522
Xxxxxx X. Xxxxxxxxx 3,329
Xxxxxx Xxxxxxx 1,132
Xxxxxxxx Xxxxxxx 3,137
Xxxxxx Trust dated 4/30/79 653
Xxxx X. and Xxxxxx X. Xxxx Family 15,864
Trust UDT dated 6/7/94
L. Xxxxx Xxxxxxx 3,196
Xxxxxxx Living Trust dated 2/18/83 1,078
Xxxxxxx Xxxx Xxxxxx 57
JPG Investment 919
Xxxxx X. Xxxxxxxxxx 5,436
Xxxxxx Xxxxxxx 546
Kirshner Family Trust #1 dated 4/8/76 29,558
Kirshner Trust #4 FBO Xxxx Xxxxxxxx 20,258
Xxxxxxx MD Pension 994
Xxxxxxx X. Xxxxxxx 2,493
Xxx Xxxxx Xxxxxx Lifetime Trust 2,384
dated 11/1/65
Xxxxxxx Xxxxxxx 664
Xxxxxx Xxxxxxx III 5,856
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LIMITED PARTNERS NUMBER OF UNITS
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Xxxxx Xxxxxxx 37,646
Xxxxxx X. Xxxxx LTD 3,577
CLMM LLC 3,825
PAC-II LLC 17,356
Sealy Professional Drive LLC 2,906
Sealy Unitholder LLC 31,552
SPM Industrial LLC 5,262
Reyem Partners LP 8,489
Xxxxx X. Xxxxxxx 636
Xxxxxxx XxXxxxxxxx 623
XxXxxxx Management Inc. 5,478
MCS Properties, Inc. 5,958
Xxxx Xxxxxx Xxxxxx 7,327
Xxxxx Xxxxxx, Xx. 4,911
Xxxx Xxxxxx 4,910
Xxxx Xxxxxxx 28
Xxxxxxxxx X. X'Xxxxx 832
Xxxxxx X. X'Xxxxx 832
Xxxxx Xxxxx 31,828
Pacifica Holding Company 97,893
Xxxxx X. Xxxxxx 1,816
Xxxxx X. Xxxxxxxx 3,912
Xxxxxxx Xxxx 2,879
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LIMITED PARTNERS NUMBER OF UNITS
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Xxxxxx Family Trust dated 10/6/89 3,140
Xxxxxx X. Xxxxxx 37,674
Manor Properties 143,408
Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxxxxxx 607
XXX dated 9/1/91
Xxxxxx X. Xxxx Living Trust dated 3,591
1/9/90 & Amended 12/16/96
Xxxxx Xxxx 2,156
Xxxxxxxx Xxxx 3,350
Xxxxxx Xxxx Sample 5,449
Sealy & Company, Inc. 37,119
Sealy Florida, Inc. 675
Xxxx X. Xxxxx 8,451
Sealy Real Estate Services, Inc. 148,478
Xxxxx X. Xxxxx 40,902
Xxxxxxx Xxxxxx XXX dated 2/5/86 969
Siskel Family Partnership 11,359
Siskel Revocable Trust 1987 dated 10,087
4/17/1987
Xxxxxxx Xxxxxx 3,802
Xxxxx Xxxxx 386
Xxxxxxxx Xxxxx trust dated August 1, 794
1989
Sterling Family Trust dated 3/27/80 3,559
Xxxxxx X. Xxxxxxxx 39,243
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LIMITED PARTNERS NUMBER OF UNITS
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TUT Investments I LLC 5,274
Xxxxxxx X. Xxxxxxx 2,906
Xxx Xxxxxx Family Partnership 2,262
Xxxxxxxx X. and Xxxxxx Xxxxxx Living 12,055
trust UDT dated 4/26/96
Xxxxx Xxxxxxxxx 338
Xxxxxxx Xxxxxx, Jr. 963
Xxxxxxx Xxxxxxx Xx. Rollover XXX 656
dated 1/21/93
Xxxxxxx X. Xxxxxx, Xx. 41,119
Xxxxxxxx Xxxxxx-Xxxxxx 12,944
Xxxxxxx X. Xxxxxx Trust dated 4/29/94 8,016
Xxxx Xxxxxx 35,787
World's Fair Thirty 1,442
Wolsum, Inc. 2,427
Johannson Yap 1,680
Xxxxxx & Xxxxxx Xxxxxxxxx 615
Xxxxxxx Xxxx 15,017
Xxxxxxx Xxxxxx 30,032
Xxxxxxx Xxxxxx 15,016
J. O'Xxxx Xxxxx, Sr. 513
Xxxxx X. Xxxxx, Xx. 513
Xxxxxxx X. Xxxxxxx 513
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LIMITED PARTNERS NUMBER OF UNITS
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Xxx Xxxxxx Trust Agreement dated 337,753
March 16, 1978, as restated on
November 16, 1993
Xxxxxxx X. Xxxxxxxxx Living Trust 47,174
dated October 15, 1990, as amended
Xxxxx X. Xxxxxxx Revocable Trust 128,783
Agreement, dated December 13, 1976,
as amended and restated on June 28,
1995
Xxxx Xxxxxx Trust of June 28, 1995 18,464
Xxx X. Xxxxx Revocable Trust 30,285
Agreement dated February 14, 0000
Xxxxxxx Xxxxxxxxxx Revocable Trust 21,655
Agreement dated February 28, 1984
RBZ LLC 124
KEP LLC 78,873
ESAA Associates Limited Partnership 19,367
Xxxx X. Xxxxxxx, Xx. 5,289
Xxxxxxx X. Xxxxxxx 5,289
Xxxxxx X. Xxxxxxx 5,289
Xxxxxx X. Xxxxxxx 5,289
Xxxx X. Xxxxxxx Revocable Trust 15,184
Xxxxxxx X. Xxxxxxx, Xx. 3,374
Xxxxx X. Xxxxxxx 1,688
Apollo/Pacifica Xxxxxx LLC 42,977
Xxxxx and Xxxxxxxx Xxxxxxx 7,987
Xxxxxx X. Xxxxx 471
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