AMENDMENT NO. 1 TO ADVISORY AGREEMENTAdvisory Agreement • January 21st, 2009 • Shopoff Properties Trust, Inc. • Real estate investment trusts
This AMENDMENT NO. 1 TO ADVISORY AGREEMENT (this “Amendment”) is made this 21st day of January, 2009, by and among Shopoff Properties Trust, Inc., a Maryland corporation (the “Company”), Shopoff Partners, L.P., a Delaware limited partnership (the “Operating Partnership”), and Shopoff Advisors, L.P., a Delaware limited partnership (the “Advisor”).
