0001161697-21-000148 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF GIPNC 201 Etheridge Road, LLC Dated as of November 20, 2020
Limited Liability Company Agreement • March 12th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts • Florida

This LIMITED LIABILITY COMPANY AGREEMENT (the “Agreement”) of GIPNC 201 ETHERIDGE ROAD, LLC (the “Company”), a Delaware limited liability company, is entered into this 20th day of November, 2020 by Generation Income Properties, L.P., a Delaware limited partnership, as managing member (“GIPLP”, “Common Member”, or “Manager”), and Brown Family Enterprises, LLC, a Florida limited liability company (“Brown Family”, or “Preferred Member”). GIPLP and Brown Family are each a Member.

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FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 12th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts

This First Amendment to Employment Agreement (“First Amendment”) is entered into as of December 1, 2020 (the “Effective Date”) by and between GENERATION INCOME PROPERTIES, INC., a Maryland corporation (the “Company”) and RICHARD RUSSELL (“Mr. Russell”).

SECOND AMENDMENT TO PURCHASE AGREEMENT
Purchase Agreement • March 12th, 2021 • Generation Income Properties, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO PURCHASE AGREEMENT (“Amendment”), is made effective as of November 24, 2020 (“Effective Date”) by and between MARITIME WOODS DEVELOPMENT, LLC, a North Carolina limited liability company (the “Seller”), and GIPNC 201 ETHERIDGE ROAD, LLC, a Delaware limited liability company (the “Purchaser”).

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