0000931763-02-002862 Sample Contracts

CAPITAL IMPROVEMENT CONTRACT
Capital Improvement Contract • August 14th, 2002 • Jameson Inns Inc • Real estate investment trusts

This Capital Improvement Contract (“Contract”) is made and entered into effective as of the 2nd day of August, 2002, by and between JAMESON INNS, INC., a Georgia corporation, JAMESON ALABAMA, INC., an Alabama corporation, JAMESON PROPERTIES, LLC, a Georgia limited liability company, and JAMESON PROPERTIES OF TENNESSEE, L.P., a Tennessee limited partnership (hereinafter collectively referred to as “Owner”), and KITCHIN DEVELOPMENT & CONSTRUCTION COMPANY, LLC, a Georgia limited liability company (hereinafter referred to as “Contractor”).

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CONSTRUCTION CONTRACT
Construction Contract • August 14th, 2002 • Jameson Inns Inc • Real estate investment trusts

This Construction Contract (“Contract”) is made and entered into as of the 2nd day of August, 2002, by and between JAMESON INNS, INC., a Georgia corporation, and JAMESON PROPERTIES OF TENNESSEE, L.P., a Tennessee limited liability company (hereinafter collectively referred to as “Owner”), and KITCHIN DEVELOPMENT AND CONSTRUCTION COMPANY, LLC, a Georgia limited liability company (hereinafter referred to as “Contractor”).

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