Amended Operating AgreementAmended Operating Agreement • November 1st, 2021 • Cardone REIT I, LLC • Real estate investment trusts
THIS AMENDED OPERATING AGREEMENT (the “Agreement”), effective October 29, 2021 (the “Effective Date”), is made and entered into by and among those Persons (i) executing the Member Counterpart Signature Page and Limited Power of Attorney, attached hereto as Exhibit A and incorporated herein by this reference, (ii) who are accepted by Cardone Capital LLC as the manager of the Company (the “Manager”), and (iii) who by their signatures hereto hereby represent and agree to all of the terms and conditions set forth herein (each a “Member,” and collectively, the “Members”). This Agreement sets forth the rights, duties, obligations, and responsibilities of the Members and the Manager with respect to the Company. The Members and the Manager hereby agree as follows:
