0000950134-07-004264 Sample Contracts

PS BUSINESS PARKS, L.P. AMENDMENT TO AGREEMENT OF LIMITED PARTNERSHIP RELATING TO 6.70% SERIES P CUMULATIVE REDEEMABLE PREFERRED UNITS
Redemption Agreement • February 27th, 2007 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

This Amendment to the Agreement of Limited Partnership of PS Business Parks, L.P., a California limited partnership (the “Partnership"), dated as of January 17, 2007 (this “Amendment"), amends the Agreement of Limited Partnership of the Partnership, dated as of March 17, 1998, as amended, by and among PS Business Parks, Inc. (the “General Partner") and each of the limited partners described on Exhibit A to that partnership agreement (the “Partnership Agreement"). Section references are (unless otherwise specified) references to sections in this Amendment.

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PS BUSINESS PARKS, L.P. AMENDMENT NO. 1 TO AMENDMENT TO AGREEMENT OF LIMITED PARTNERSHIP RELATING TO 7.375% SERIES O CUMULATIVE REDEEMABLE PREFERRED UNITS
Ps Business Parks Inc/Ca • February 27th, 2007 • Real estate investment trusts

This Amendment No.1, effective as of August 16, 2006 (this “Amendment”), to the Amendment to the Agreement of Limited Partnership of PS Business Parks, L.P., a California limited partnership (the “Partnership”), dated as of June 16, 2006 (the “Initial Amendment”), further amends the Agreement of Limited Partnership of the Partnership, dated as of March 17, 1998, as amended, by and among PS Business Parks, Inc. (the “General Partner”) and each of the limited partners described on Exhibit A to that partnership agreement (the “Partnership Agreement”).

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