0001481832-16-000174 Sample Contracts

AMENDMENT NO. 1 TO THE SIXTH AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • October 5th, 2016 • Preferred Apartment Communities Inc • Real estate investment trusts • Delaware

This Amendment No. 1 (the "Amendment") to the Sixth Amended and Restated Management Agreement effective as of June 3, 2016 (the "Management Agreement"), among Preferred Apartment Communities, Inc., a Maryland corporation (the "Company"), Preferred Apartment Communities Operating Partnership, L.P., a Delaware limited partnership ("PACOP"), and Preferred Apartment Advisors, LLC, a Delaware limited liability company (the "Manager"), is entered into as of October 5, 2016 ("Execution Date") effective as of August 29, 2016 (the "Effective Date"). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Management Agreement.

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