0000950133-06-004918 Sample Contracts

THIRD MODIFICATION AGREEMENT
Third Modification Agreement • November 13th, 2006 • Stanley-Martin Communities, LLC • Operative builders • Virginia

THIS THIRD MODIFICATION AGREEMENT (this “Modification”), dated as of this 5th of October, 2006, by and among NEIGHBORHOODS CAPITAL, LLC, a Virginia limited liability company, the limited liability companies identified above their executions hereof as Borrowers or Guarantors (Capital and each of the Borrowers and Guarantors, individually, an “Obligor”, and collectively, the “Obligors”); the parties identified above their executions hereof as Lenders and other Lenders who may become a party to the Agreement (as hereinafter defined) (each, a “Lender” and, collectively, the “Lenders”) and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association, as a Lender, as Agent for the Lenders and as Issuing Lender.

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