FIRST AMENDMENT TO THE AGREEMENT OF LIMITED PARTNERSHIP OF CHERRY HILL OPERATING PARTNERSHIP, L.P. DESIGNATION OF 8.20% SERIES A CUMULATIVE REDEEMABLE PREFERRED UNITS August 16, 2017Agreement of Limited Partnership • August 16th, 2017 • Cherry Hill Mortgage Investment Corp • Real estate investment trusts
Pursuant to Sections 4.02 and 11.01 of the Agreement of Limited Partnership of Cherry Hill Operating Partnership, L.P. (the “Partnership Agreement”), the General Partner hereby amends the Partnership Agreement as follows in connection with the issuance of up to 2,530,000 shares of 8.20% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per share (the “Series A Preferred Stock”) of the General Partner and the issuance to the General Partner of Series A Preferred Units (as defined below) in exchange for the contribution by the General Partner of the net proceeds from the issuance and sale of the Series A Preferred Stock:
