REDEMPTION AND WITHDRAWAL AGREEMENTRedemption and Withdrawal Agreement • March 1st, 2019 • Tejon Ranch Co • Real estate • Delaware
THIS REDEMPTION AND WITHDRAWAL AGREEMENT (this "Agreement") is made and entered as of December 31, 2018 (the "Effective Date"), by and among CENTENNIAL FOUNDERS, LLC, a Delaware limited liability company, formerly known as RM Development Associates, LLC (the "Company"), and STANDARD PACIFIC INVESTMENT CORP. a Delaware limited liability company (“SPIC”) and CALATLANTIC GROUP, INC., a Delaware corporation, as successor to the former CalAtlantic Group, Inc. (formerly known as Standard Pacific Corp., a Delaware corporation), which was successor by merger to The Ryland Group, Inc. (“Standard Pacific”) (on behalf of itself and SPIC, collectively “CalAtlantic Group”). SPIC and CalAtlantic Group are each individually a “Withdrawing Member” and, collectively, are the “Withdrawing Members”. Capitalized terms used herein and not otherwise defined herein shall have the meanings given to them in the LLC Agreement (as defined in Recital A below). This Agreement is entered into with reference to the
FOURTH AMENDMENT to SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT of CENTENNIAL FOUNDERS, LLCLimited Liability Company Agreement • March 1st, 2019 • Tejon Ranch Co • Real estate
This Fourth Amendment to Second Amended and Restated Limited Liability Company Agreement of Centennial Founders, LLC (this “Fourth Amendment”) is made and effective as of December 31, 2018, by and among Tejon Ranchcorp, a California corporation (“Tejon”), and Pardee Homes, a California corporation (“Pardee”; together with Tejon, the “Remaining Members” and each a “Remaining Member”), and is acknowledged by Standard Pacific Investment Corp., a Delaware limited liability company (“SPIC”) and CalAtlantic Group, Inc., a Delaware corporation, as successor to the former CalAtlantic Group, Inc. (formerly known as Standard Pacific Corp., a Delaware corporation), which was successor by merger to The Ryland Group, Inc. (“Standard Pacific”) (on behalf of itself and SPIC (unless otherwise noted), collectively, “CalAtlantic”). SPIC and CalAtlantic are each individually, as used in this Fourth Amendment, a “CA Withdrawing Member” and, collectively, are the “CA Withdrawing Members.”
