0000950134-06-007695 Sample Contracts

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FORM OF ADDENDUM TO SELECTED DEALER AGREEMENT
Selected Dealer Agreement • April 21st, 2006 • United Development Funding III, LP • Miscellaneous business credit institution

Effective as of the ___day of ___, 2006, United Development Funding III, L.P. (the “Partnership”), a Delaware limited partnership, and IMS Securities, Inc. (“IMS Securities”), a Texas corporation, hereby enter into this Addendum (this “Addendum”) to the Selected Dealer Agreement entered into by and between the parties hereto effective as of the ___day of ___, 2006 (the “Selected Dealer Agreement”), on the terms and conditions, and for the mutual consideration, hereinafter set forth.

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