Re: Change in Control and Noncompetition AgreementChange in Control and Noncompetition Agreement • August 9th, 2011 • Prologis, L.P. • Real estate
Reference is made to the Change in Control and Noncompetition Agreement between you and AMB Property, L.P, dated as of September 27, 2007 (the “CIC Agreement”). This letter sets forth your agreement to amend Sections 1, 2 and 3.5 of the CIC Agreement; provided that such amendments shall be effective only in connection with, and subject to the consummation of, the transactions contemplated by the Agreement and Plan of Merger by and among AMB Property Corporation, AMB Property, L.P., Prologis, Upper Pumpkin LLC, New Pumpkin and Pumpkin LLC, dated as of January 30, 2011 (the “Merger Agreement”). Capitalized terms used and not defined in this letter shall have the meanings ascribed to them in the CIC Agreement.
Re: Continuing Employment; Change in Control and Noncompetition AgreementChange in Control and Noncompetition Agreement • August 9th, 2011 • Prologis, L.P. • Real estate
This letter sets forth our agreement with respect to your employment following the consummation of the transactions contemplated by the Agreement and Plan of Merger by and among AMB Property Corporation, AMB Property, L.P., Prologis, Upper Pumpkin LLC, New Pumpkin and Pumpkin LLC, dated as of January 30, 2011 (the “Merger Agreement”), and serves to amend the Change in Control and Noncompetition Agreement between you and AMB Property, L.P, dated as of September 27, 2007 (the “CIC Agreement”). Capitalized terms used and not defined in this letter shall have the meanings ascribed to them in the CIC Agreement; provided that, in paragraph 1 below, the term “Company” shall mean the “Surviving Corporation,” as that term is defined in the Merger Agreement, as successor to the Company.
Re: Continuing Employment; Change in Control and Noncompetition AgreementChange in Control and Noncompetition Agreement • August 9th, 2011 • Prologis, L.P. • Real estate
This letter sets forth our agreement with respect to your employment following the consummation of the transactions contemplated by the Agreement and Plan of Merger by and among AMB Property Corporation, AMB Property, L.P., Prologis, Upper Pumpkin LLC, New Pumpkin and Pumpkin LLC, dated as of January 30, 2011 (the “Merger Agreement”), and serves to amend the Change in Control and Noncompetition Agreement between you and AMB Property, L.P, dated as of September 27, 2007, as subsequently assigned to AMB Property III, LLC, pursuant to an Assignment and Assumption Agreement, dated as of January 1, 2008 (the “CIC Agreement”). Capitalized terms used and not defined in this letter shall have the meanings ascribed to them in the CIC Agreement; provided that, in paragraph 1 below, the term “Company” shall mean the “Surviving Corporation,” as that term is defined in the Merger Agreement, as successor to the Company.
