Operational Benefits Agreement Sample Contracts

OPERATIONAL BENEFITS AGREEMENT

Operational Benefits Agreement • November 17th, 2004 • Gta-Ib, LLC • Pharmaceutical preparations • Delaware

• Contract Type
  Operational Benefits Agreement
• Filed
  November 17th, 2004
• Company
  Gta-Ib, LLC
• Industry
  Pharmaceutical preparations
• Jurisdiction
  Delaware

THIS OPERATIONAL BENEFITS AGREEMENT (this “Agreement”) is made as of July 15, 2004 (the “Effective Date”), by and among (i) Golf Host Resorts, Inc., a Colorado corporation (“Borrower”), (ii) Golf Hosts, Inc., a Florida corporation (“Guarantor”), (iii) GTA-IB, LLC, a Florida limited liability company (“GTA-IB”), and (iv) Golf Trust of America, L.P., a Delaware limited partnership (“Lender”). Borrower, Guarantor, GTA-IB and Lender shall collectively be referred to as the “Parties” or each individually, as a “Party”.