HBRCT OP CONTRIBUTION AGREEMENT DATED AS OF JUNE 15, 2006 BY AND AMONG DOUGLAS EMMETT PROPERTIES, LP, DOUGLAS EMMETT REALTY ADVISORS AND HBRCT LLCHBRCT Op Contribution Agreement • June 16th, 2006 • Douglas Emmett Inc • California
THIS HBRCT OP CONTRIBUTION AGREEMENT is made and entered into as of June 15, 2006 (this "Agreement"), by and among Douglas Emmett Properties, LP, a Delaware limited partnership (the "Operating Partnership") and Subsidiary of Douglas Emmett, Inc., a Maryland corporation (the "REIT"), and HBRCT LLC, a Hawaii limited liability company (the "Contributor"), and Douglas Emmett Realty Advisors, Inc., a California corporation ("DERA"), acting in its capacity as manager (the "Manager") of DEG and DEGA (each as defined below) (solely with respect to Sections 1.01 and 7.15). Certain capitalized terms are defined in Section 7.02 of this Agreement.
