STABLE LETTER AGREEMENT Effective as of March 31, 2010Stable Letter Agreement • January 23rd, 2012 • Brookfield Retail Holdings LLC • Real estate • Delaware
This amended and restated letter agreement, dated as of October 25, 2010, and effective as of March 31, 2010, is being entered into and delivered by and between Stable Investment Corporation (the “SIC Member” or “you”) and REP Investments LLC, a Delaware limited liability company (“REP”) and, in the event of a Closing (as defined in the Restructuring Proposal), Brookfield REP Investments III LLC, a Delaware limited liability company (“REP III,” and REP or REP III, as applicable, the “Company”) in order to amend and restate in its entirety that certain letter agreement dated as of March 31, 2010 entered into by and between the SIC Member and REP (the “Original Side Letter”). This letter agreement is being entered in connection with your purchase of a limited liability company interest in, and your entering into (i) in the event of a Closing (as defined in the Restructuring Proposal), of that certain Amended and Restated Limited Liability Company of REP III dated as of October 25, 2010,
