SERIES H SUBORDINATED NON-VOTING CUMULATIVE REDEEMABLE PREFERENCE UNITS TERM SHEET AND JOINDER TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIPSeries H Subordinated Non-Voting Cumulative Redeemable Preference Units Term Sheet • July 1st, 2011 • Equity Lifestyle Properties Inc • Real estate investment trusts
This Series H Subordinated Non-Voting Cumulative Redeemable Preference Units Term Sheet and Joinder to the Second Amended and Restated Agreement of Limited Partnership (the “Term Sheet”) is made and entered as of July 1, 2011 by the signatories hereto. As of July 1, 2011 (the “Effective Date”), each person and entity signing this Term Sheet hereby joins in, adopts and agrees to be bound by all the terms and provisions of the Agreement (as defined below) as a Limited Partner of the Partnership holding the number of Series H Units (as defined below) as indicated on Exhibit A attached hereto. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement (as defined below).
