FOR SHEILA LEVINEEmployment Agreement • January 14th, 1998 • Philips International Realty Corp • Land subdividers & developers (no cemeteries) • New York
OFAgreement • January 14th, 1998 • Philips International Realty Corp • Land subdividers & developers (no cemeteries) • Delaware
FOREmployment Agreement • January 14th, 1998 • Philips International Realty Corp • Land subdividers & developers (no cemeteries) • New York
AMENDMENT NO. 1 TO CONTRIBUTION AND EXCHANGE AGREEMENT Amendment No. 1 to that certain Contribution and Exchange Agreement dated as of August 11, 1997 (the "Agreement") among National Properties Investment Trust, a Massachusetts business trust, the...Contribution and Exchange Agreement • January 14th, 1998 • Philips International Realty Corp • Land subdividers & developers (no cemeteries)
NON-RECOURSE SECURED PROMISSORY NOTE ------------------------------------Non-Recourse • January 14th, 1998 • Philips International Realty Corp • Land subdividers & developers (no cemeteries)
FOR VALUE RECEIVED, the undersigned maker, NATIONAL PROPERTIES INVESTMENT TRUST, a Massachusetts business trust (the "Borrower"), hereby unconditionally promises to pay to order of PHILIPS INTERNATIONAL REALTY CORP., a Maryland corporation (the "Lender") at its office located at c/o Philips International, 417 Fifth Avenue, New York, New York, 10016, or at such other place as the Lender may specify from time to time, in lawful money of the United States of America and in immediately available funds, the principal amount of One Hundred Four Thousand Eight Hundred Twenty United States Dollars and Fifty Five cents (US $104,820.55) in a single installment on December 31, 1998, (the "Maturity Date"); provided, however, that if the Lender fails to complete a public or private equity offering of its securities aggregating in excess of $25 million (an "Offering") by the Maturity Date, the Borrower may, at its option, extend the Maturity Date to June 30, 1999; provided, further, however, that, i
