0001557255-14-000049 Sample Contracts

PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • August 7th, 2014 • Silver Bay Realty Trust Corp. • Real estate investment trusts • New York

This Property Management Agreement (the “Agreement”) is made and entered into as of May 10, 2014 (the “Effective Date”) by and between Silver Bay Operating Partnership L.P., a Delaware limited partnership (“Operating Partnership”), and Silver Bay Property Corp. (“Property Manager”) (each sometimes referred to as a “Party” and, collectively, the “Parties”) with reference to the following:

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SILVER BAY OPERATING PARTNERSHIP L.P. AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT AND CONTINUATION OF BUSINESS
Limited Partnership Agreement • August 7th, 2014 • Silver Bay Realty Trust Corp. • Real estate investment trusts

This Amendment to Limited Partnership Agreement and Continuation of Business is entered into by the undersigned parties, which parties constitute all of the current partners of the Silver Bay Operating Partnership L.P. (the “Partnership”).

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