0001144204-11-023520 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT
Limited Liability Company Agreement • April 22nd, 2011 • Lightstone Value Plus Real Estate Investment Trust, Inc. • Real estate investment trusts • Delaware

This Limited Liability Company Agreement (this “Agreement”) of LVP CP BOSTON HOLDINGS, LLC, a Delaware limited liability company, dated as of March 21, 2011, is adopted and entered into by and between LIGHTSTONE VALUE PLUS REIT LP (“REIT LP”), a Delaware limited partnership, with its office located at 1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ 08701 and LIGHTSTONE VALUE PLUS REIT II LP (“REIT II LP”), a Delaware limited partnership, with its office located at 1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ 08701. REIT LP and REIT II LP shall also be referred to each as a “Member” and, together, as “Members.”

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