0000950123-10-075298 Sample Contracts

OPTION AGREEMENT Younan Plaza / 6464 Savoy Street, Houston, Texas
Option Agreement • August 10th, 2010 • Younan Properties Inc • Real estate • Texas

THIS OPTION AGREEMENT (this “Agreement”) is made as of ___, 2010 (the “Effective Date”), by and between YOUNAN PROPERTIES, L.P., a Maryland limited partnership (“Optionee” or the “Operating Partnership”), and YOUNAN PLAZA, LLC, a Delaware limited liability company (“Optionor”).

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TAX PROTECTION AGREEMENT
Tax Protection Agreement • August 10th, 2010 • Younan Properties Inc • Real estate • California

This TAX PROTECTION AGREEMENT (this “Agreement”) is entered into as of , 2010, by and among Younan Properties, Inc., a Maryland corporation (the “REIT”), Younan Properties, L.P., a Maryland limited partnership (the “Operating Partnership”), each Protected Partner identified as a signatory on Schedule I, as amended from time to time, and each Guarantee Partner identified as a signatory on Schedule II, as amended from time to time.

OPTION AGREEMENT (1010 Lamar / Younan Square 1010 Lamar Street, Houston, Texas and 1111 Main Street, Houston, Texas)
Option Agreement • August 10th, 2010 • Younan Properties Inc • Real estate • Texas

THIS OPTION AGREEMENT (this “Agreement”) is made as of ___, 2010 (the “Effective Date”), by and between YOUNAN PROPERTIES, L.P., a Maryland limited partnership (“Optionee”), and YPI 1010 LAMAR, LLC, a Delaware limited liability company (“Optionor”).

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