0001574596-17-000112 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT of TNHC - Calabasas GP LLC
Limited Liability Company Agreement • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • Delaware

This Limited Liability Company Agreement (this “Agreement”) of TNHC - Calabasas GP LLC, a Delaware limited liability company (the “Company”), is entered into as of September 5, 2013 by The New Home Company Southern California LLC, a Delaware limited liability company, as the sole member (the “Member”) of the Company.

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SECOND SUPPLEMENTAL INDENTURE
Supplemental Indenture • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • New York

SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of July 28, 2017, among Larkspur Land 8 Investors LLC, a Delaware limited liability company, Larkspur Land 8 Owner LLC, a Delaware limited liability company (together, the “Guaranteeing Subsidiaries”), each a subsidiary of The New Home Company Inc., (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to herein) and U.S. Bank National Association, as trustee under the Indenture referred to below (the “Trustee”).

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF LARKSPUR LAND 8 INVESTORS, LLC
Limited Liability Company Agreement • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • Delaware

This Amended and Restated Limited Liability Company Agreement (this “Agreement”) of LARKSPUR LAND 8 INVESTORS, LLC (the “Company”) is entered into between The New Home Company Northern California LLC, a Delaware limited liability company (“TNHC No Cal”) and TNHC Realty and Construction, Inc., a Delaware corporation (“TNHC Realty”), as the members of the Company (each, a “Current Member,” and collectively, the “Current Members,” together with any person admitted as an additional member of the Company or a substitute member of the Company pursuant to the provisions of this Agreement, the “Members”).

LIMITED LIABILITY COMPANY AGREEMENT OF LR8 OWNER, LLC
Limited Liability Company Agreement • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • Delaware

This LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of LR8 OWNER, LLC (the “Company”), is made and entered into to be effective for all purposes as of September 22, 2010, by LR8 INVESTORS, a Delaware limited liability company (“LR8 Investors”), as a single member, and such other persons as may from time to time be admitted as members of the Company in accordance with the terms of this Agreement and the Delaware Act. As used in this Agreement, the term “Member” or “Members” shall mean LR8 Investors (so long as it is a member of the Company), and/or any other person or entity who is admitted as a member of the Company in accordance with this Agreement and the Delaware Act, and the singular and plural may be used interchangeably.

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF LARKSPUR LAND 8 OWNER, LLC
Limited Liability Company Agreement • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • Delaware

This LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of LARKSPUR LAND 8 OWNER, LLC (the “Company”), is made and entered into to be effective for all purposes as of May 12, 2017 (the “Effective Date”), by LARKSPUR LAND 8 INVESTORS, LLC, a Delaware limited liability company (“Larkspur Land 8 Investors”), as a single member, and such other persons as may from time to time be admitted as members of the Company in accordance with the terms of this Agreement and the Delaware Act. As used in this Agreement, the term “Member” or “Members” shall mean Larkspur Land 8 Investors (so long as it is a member of the Company), and/or any other person or entity who is admitted as a member of the Company in accordance with this Agreement and the Delaware Act, and the singular and plural may be used interchangeably.

Second Amended and Restated Limited Liability Company Agreement of
Limited Liability • August 3rd, 2017 • TNHC - Santa Clarita GP LLC • Operative builders • Delaware

This Amended and Restated Limited Liability Company Agreement (“Agreement”) of TNHC SAN JUAN LLC, a Delaware limited liability company (the “Company”), effective as of April 7, 2016 (the “Effective Date”), is entered into by The New Home Company Southern California LLC, a Delaware limited liability company, as the sole member of the Company (the “Member”).

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