Deferral of Property Management Oversight Fee Sample Contracts

January 10, 2011
Deferral of Property Management Oversight Fee • May 16th, 2011 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Texas

Reference is made to that certain Second Amended and Restated Property Management and Leasing Agreement, dated as of December 29, 2006, as amended (the “Property Management Agreement”), by and between Behringer Harvard Opportunity REIT I, Inc., a Maryland corporation (the “Company”), Behringer Harvard Opportunity OP I, LP, a Texas Limited Partnership (“BHOP”), HPT Management Services, LLC, a Texas limited liability company (“HPT”), Behringer Harvard Real Estate Services, LLC, a Texas limited liability company (“BHRES”) and Behringer Harvard Opportunity Management Services, LLC, a Texas limited liability company (“BHOMS” and collectively with HPT and BHRES, “BH Property Management”), and the letter agreement dated August 9, 2010 in respect of the deferral of certain fees (the “Letter Agreement”). Capitalized terms used herein but not defined herein shall have the meanings set forth in the Property Management Agreement.

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