FIRST AMENDMENT TO OPERATING AGREEMENT OF TAUBMAN LAND ASSOCIATES LLCOperating Agreement • April 30th, 2013 • Taubman Centers Inc • Real estate investment trusts • Delaware
THIS FIRST AMENDMENT TO OPERATING AGREEMENT (this “Amendment”) is entered into as of the 1st day of November, 2012, by TRG SUNVALLEY LLC, a Delaware limited partnership and TAUB-SV, LLC, a Delaware limited liability company (the successor by merger of TILV-SV, LLC) (individually, a “Member” and together, “Members”), and Julia A. McCullough and Beth L. Peoples, as Independent Managers (the “Independent Managers”), based upon the following:
