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

EX-10.10 11 c34118exv10w10.htm EXHIBIT 10.10 exv10w10
Exhibit 10.10
SECOND AMENDMENT TO
AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP OF
PACIFIC OFFICE PROPERTIES, L.P.
     As of June 19, 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, as amended (the “Partnership Agreement”), does hereby amend the Partnership Agreement as follows:
     Capitalized terms used but not defined in this Second Amendment shall have the same meanings that are ascribed to them in the Partnership Agreement.
     1. Additional Limited Partners. Each of the Persons identified on Schedule 1 hereto, each of whom is an existing Limited Partner of the Partnership, is hereby issued the number of Common Units set forth on such Schedule 1.
     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
    23,677  
116 Spinnaker Court
       
Del Mar, CA 92014
       
 
       
James M. Saivar
    31,841  
11260 El Camino Real #200
       
San Diego, CA 92130
       
 
       
Robert F. Buie and Pamela I. Buie
    271,058  
Family Trust
       
P.O. Box 8365
       
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
    17.49 %     0 %
 
               
LIMITED PARTNERS:
               
 
               
POP Venture, LLC
    13,576,165       4,545,300  
841 Bishop Street
               
Honolulu, HI 96813
    78.34 %     100 %
 
               
POPTLP, LLC
    0       0  
841 Bishop Street
               
Honolulu, HI 96813
    0 %     0 %
 
               
Robert M. Irish
    58,697       0  
116 Spinnaker Court
               
Del Mar, CA 92014
    0.34 %     0 %
 
               
James M. Saivar
    51,674       0  
11260 El Camino Real #200
               
San Diego, CA 92130
    0.30 %     0 %
 
               
Robert F. Buie and Pamela I. Buie Family
    414,468       0  
Trust
               
P.O. Box 8365
    2.39 %     0 %
Rancho Santa Fe, CA 92067
               
 
John B. Campbell and Elvina Campbell,
    198,263       0  
Husband and Wife
               
P.O. Box 9064
    1.14 %     0 %
Rancho Santa Fe, CA 92067
               

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