FIRST AMENDMENT TO AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF PACIFIC OFFICE PROPERTIES, L.P.

Contract Categories: Business Formation - Limited Partnership Agreements
EX-10.9 10 c34118exv10w9.htm EXHIBIT 10.9 exv10w9
Exhibit 10.9
FIRST AMENDMENT TO
AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP OF
PACIFIC OFFICE PROPERTIES, L.P.
     As of April 30, 2008, the undersigned, being the sole general partner of Pacific Office Properties, L.P. (the “Partnership”), a limited partnership formed under the Delaware Revised Uniform Limited Partnership Act and pursuant to the terms of that certain Amended and Restated Limited Partnership Agreement of Limited Partnership, dated March 19, 2008 (the “Partnership Agreement”), does hereby amend the Partnership Agreement as follows:
     Capitalized terms used but not defined in this First Amendment shall have the same meanings that are ascribed to them in the Partnership Agreement.
     1. Additional Limited Partners. The Persons identified on Schedule 1 hereto are hereby admitted to the Partnership as Additional Limited Partners, owning the number of Common Units set forth on such Schedule 1. Prior to the execution hereof, such Persons have joined in the Partnership Agreement in a manner reasonably satisfactory to the undersigned.
     2. Schedule of Partners. Exhibit A to the Partnership Agreement is hereby deleted in its entirety and replaced by Exhibit A hereto which identifies the Partners following consummation of the transactions referred to in Section 1 hereof.
     3. Ratification. Except as expressly modified by this First Amendment, all of the provisions of the Partnership Agreement are affirmed and ratified and remain in full force and effect.
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     IN WITNESS WHEREOF, the undersigned has executed this First Amendment as of the date first written above.
         
  PACIFIC OFFICE PROPERTIES TRUST, INC.,
as sole general partner of the Partnership
 		  
  By:   /s/ Dallas E. Lucas  
    Dallas E. Lucas   
    President and Chief Executive Officer   
 

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Schedule 1
         
Additional Limited Partners   Number of Common Units
Robert M. Irish
     35,020  
116 Spinnaker Court
Del Mar, CA 92014
        
 
        
James M. Saivar
     19,833  
11260 El Camino Real #200
San Diego, CA 92130
        
 
        
Robert F. Buie and Pamela I. Buie
     143,410  
Family Trust
P.O. Box 8365
Rancho Santa Fe, CA 92067
        
 
        
John B. Campbell and Elvina
     198,263  
Campbell, Husband and Wife
P.O. Box 9064
Rancho Santa Fe, CA 92067
        

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Exhibit A
                 
    Common Units   Preferred Units
Name and Address   (Percentage)   (Percentage)
GENERAL PARTNER:
                
 
                
Pacific Office Properties Trust, Inc.
     3,031,125       0  
233 Wilshire Blvd., Suite 830
Santa Monica, CA 90401
     17.8261 %     0 %
 
                
LIMITED PARTNERS:
                
 
                
POP Venture, LLC
     13,576,165       4,545,300  
841 Bishop Street
Honolulu, HI 96813
     79.8419 %     100 %
 
                
POPTLP, LLC
841 Bishop Street
     0       0  
Honolulu, HI 96813
     0 %     0 %
 
                
Robert M, Irish
     35,020       0  
116 Spinnaker Court
Del Mar, CA 92014
     0.2060 %     0 %
 
                
James M. Saivar
     19,833       0  
11260 El Camino Real #200
San Diego, CA 92130
     0.1166 %     0 %
 
                
Robert F. Buie and Pamela I. Buie Family
     143,410       0  
Trust
P.O. Box 8365
     0.8434 %     0 %
Rancho Santa Fe, CA 92067
                
 
                
John B. Campbell and Elvina Campbell,
     198,263       0  
Husband and Wife
P.O. Box 9064
     1.1660 %     0 %
Rancho Santa Fe, CA 92067
                

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