ASSIGNMENT, ASSUMPTION, JOINDER AND ADMISSION AGREEMENT (LGI Investment Fund III, LP to LGI Homes, Inc.)Assignment, Assumption, Joinder and Admission Agreement • November 18th, 2013 • LGI Homes, Inc. • Operative builders • Texas
This Assignment, Assumption, Joinder and Admission Agreement (“Agreement”) is made to be effective as of the 13th day of November, 2013, immediately following the assignment from EDSS Holdings, LP of its interest in LGI Homes Group, LLC to Assignee, as defined below (the “Effective Date”), by and among LGI Investment Fund III, LP, a Texas limited partnership (“Assignor”), LGI Homes, Inc., a Delaware corporation (“Assignee”), LGI Homes Group, LLC, a Texas limited liability company (the “LGI Member”) and LGI Fund III Holdings, LLC, a Texas limited liability company (“Holdings”). Capitalized terms not otherwise defined in this Agreement shall have the meanings ascribed to them in the Company Agreement (defined below).
