May 10, 2002 Center Trust, Inc. 3500 Sepulveda Boulevard Manhattan Beach, CA 90266-3696 Attention: Stuart Gulland Re: Notice to Terminate Standstill Provisions Dear Stuart: Reference is made to that certain Stockholders Agreement (the "Stockholders...Stockholders Agreement • May 17th, 2002 • Lazard Freres Real Estate Investors LLC • Real estate investment trusts
Reference is made to that certain Stockholders Agreement (the "Stockholders Agreement") dated as of June 1, 1997, as amended, made between Lazard Freres Real Estate Investors L.L.C., LF Strategic Realty Investors L.P., Prometheus Western Retail, LLC ("Prometheus") and Center Trust, Inc. (formerly Alexander Haagen Properties, Inc.) (the "Company"). Capitalized terms used and not otherwise defined herein have the meanings given in the Stockholders Agreement.
