AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENTBusiness Management Agreement • August 9th, 2016 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois
THIS AMENDED AND RESTATED BUSINESS MANAGEMENT AGREEMENT (this “Agreement”), dated as of August 8, 2016, is entered into by and between Inland Residential Properties Trust, Inc., a Maryland corporation (the “Company”), Inland Residential Operating Partnership, L.P., a Delaware limited partnership of which the Company is the sole general partner and of which the Business Manager is a limited partner (the “Operating Partnership”), and Inland Residential Business Manager & Advisor, Inc., an Illinois corporation (the “Business Manager”). All references to the Company in this Agreement shall include the Company’s wholly-owned subsidiaries and, where applicable, the Operating Partnership.
