MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • July 30th, 2012 • ProGreen Properties, Inc. • Real estate • Michigan
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (the “Agreement”) is made and entered into effective as of the April 30, 2012 (the “Effective Date”) by and among ProGreen Properties, Inc., a Delaware corporation (“Seller” and sometimes referred to here as “Member”), and American Residential Gap LLC (“Purchaser”) and ProGreen Properties III LLC, ProGreen Properties IV LLC, ProGreen Properties VII LLC, ProGreen Properties VIII LLC and ProGreen Properties XI LLC, Michigan liability companies (collectively “Companies”).
MANAGEMENT AGREEMENTManagement Agreement • July 30th, 2012 • ProGreen Properties, Inc. • Real estate • Michigan
THIS MANAGEMENT AGREEMENT (this “Management Agreement”) entered into as of April 30, 2011 by and between ProGreen Property Management LLC, a Michigan limited liability company (herein called “Manager”) having an address of 380 N. Old Woodward Ave., Ste. 226, Birmingham, Michigan 48009, Email: propertymanagement@progreenproperties.com, and American Residential Gap LLC, a Michigan limited liability company (“Owner”), having an address of 380 N. Old Woodward Ave., Ste 300, Birmingham, Michigan 48009, Email: info@amrega.com.
