FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • August 26th, 2022 • Mobile Infrastructure Corp • Real estate investment trusts • Ohio
This FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is entered into as of August 23, 2022 (the “Amendment Effective Date”) among Mobile Infrastructure Corporation, a Maryland corporation formerly known as The Parking REIT, Inc. (the “Company”), Mobile Infra Operating Partnership, L.P., a Maryland limited partnership formerly known as MVP REIT II Operating Partnership, LP (the “Operating Partnership”), and Manuel Chavez (the “Executive”). Capitalized terms used but not otherwise defined in this Amendment shall have the respective meanings ascribed to such terms under the Agreement (as hereinafter defined).
MOBILE INFRASTRUCTURE CORPORATION AND MOBILE INFRA OPERATING PARTNERSHIP, L.P. LTIP UNIT AGREEMENTLtip Unit Agreement • August 26th, 2022 • Mobile Infrastructure Corp • Real estate investment trusts • Maryland
In consideration of the mutual agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Mobile Infra Operating Partnership, L.P., a Maryland limited partnership (the “Partnership”), hereby issues to [______] (the “Participant”), as of August 23, 2022, an award (the “Award”) of LTIP Units pursuant to the terms of this LTIP Unit Agreement (this “Agreement”). The LTIP Units constitute Profits Interest Units as defined below.
