FOURTH AMENDMENT TO THE AGREEMENT OF LIMITED PARTNERSHIP OF IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP DESIGNATION OF SERIES D PREFERRED UNITS February 26, 2019Agreement of Limited Partnership • February 27th, 2019 • Investors Real Estate Trust • Real estate investment trusts • North Dakota
Pursuant to Section 4.02 and Article XI of the Agreement of Limited Partnership of IRET Properties, a North Dakota Limited Partnership, as amended by the First Amendment to the Agreement of Limited Partnership, the Second Amendment to the Agreement of Limited Partnership and the Third Amendment to the Agreement of Limited Partnership (the “Partnership Agreement”) of IRET Properties, A North Dakota Limited Partnership, a North Dakota limited partnership (the “Partnership”), the General Partner hereby amends the Partnership Agreement as follows in connection with, among other matters, the designation and issuance of 165,600 Series D Preferred Units (as defined below) in exchange for the contribution by a new Limited Partner to the Partnership of certain property:
AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP (as amended and restated through February 27, 2019)Limited Partnership Agreement • February 27th, 2019 • Investors Real Estate Trust • Real estate investment trusts • North Dakota
This amended and restated limited partnership agreement is executed by IRET, Inc., a North Dakota corporation, located at 1400 31st Ave SW, Minot, North Dakota, as the general partner, relates to the formation of IRET PROPERTIES, a North Dakota Limited Partnership, under the provisions of Chapter 45-10.1 of the North Dakota Century Code on January 31, 1997. This Amended and Restated Agreement of Limited Partnership shall be effective as of February 27, 2019.
