Exhibit 10.1.5
Fourth Amendment
To
Second Amended and Restated
Limited Partnership Agreement
Of
Corporate Office Properties, L.P.
This Fourth Amendment (the Amendment) to the Second Amended and Restated Limited Partnership Agreement Of Corporate Office Properties, L.P., a Delaware limited partnership (the Partnership), is made and entered into as of November 27, 2000 by the undersigned.
A. The Partnership is a limited partnership organized under the Delaware Revised Uniform Limited Partnership Act and governed by that certain Second Amended and Restated Limited Partnership Agreement dated as of December 7, 1999 (the Partnership Agreement).
B. The sole general partner of the Partnership is Corporate Office Properties Trust, a real estate investment trust formed under the laws of the State of Maryland (the General Partner).
C. Pursuant to Section 11.1 (b) (iii), the General Partner desires to amend the Partnership Agreement to reflect the admission, substitution, termination and/or withdrawal of various limited partners in accordance with the terms of the Partnership Agreement.
NOW THEREFORE, the General Partner, intending to be legally bound, hereby amends the Partnership Agreement as follows, effective as of the date first set forth above.
1. Exhibit 1, Schedule of Partners, as attached hereto and by this reference made a part hereof, is hereby substituted for and intended to replace any prior Exhibit 1 attached to a prior Amendment to the Partnership Agreement, and as attached hereto shall be a full and complete listing of all the general and limited partners of the Partnership as of the date of this Amendment, same being intended and hereby superceding all prior Exhibit 1 listings.
In Witness Whereof, the General Partner has executed this Amendment as of the day and year first above written.
|
|
Corporate Office
Properties Trust, a |
||
|
|
|
||
|
|
|
||
|
|
By: |
/s/ Roger A. Waesche, Jr. |
|
|
|
|
Roger A. Waesche, Jr. |
|
|
|
|
Senior Vice President |
Exhibit 1
Schedule of Partners
General Partner |
|
Partnership |
|
Series A |
|
Series B |
|
Series C |
|
Corporate Office Properties Trust |
|
18,275,296 |
|
1 |
|
1,250,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Limited Partners and Preferred Limited Partners |
|
|
|
|
|
|
|
|
|
United Properties Group, Incorporated |
|
|
|
|
|
|
|
1,016,662 |
|
Jay H. Shidler |
|
452,878 |
|
|
|
|
|
|
|
Shidler Equities, L.P. |
|
2,995,439 |
|
|
|
|
|
|
|
Clay W. Hamlin, III |
|
587,292 |
|
|
|
|
|
|
|
LBCW Limited Partnership |
|
3,246,007 |
|
|
|
|
|
|
|
Anthony Muscatello |
|
90,905 |
|
|
|
|
|
|
|
Lynn B. Hamlin |
|
121,411 |
|
|
|
|
|
|
|
Robert L. Denton |
|
434,910 |
|
|
|
|
|
|
|
James K. Davis |
|
51,589 |
|
|
|
|
|
|
|
John E. De B. Blockey, Trustee of the John E. de B. Blockey Living Trust dated 9/12/88 |
|
300,625 |
|
|
|
|
|
|
|
Henry D. Bullock |
|
116,553 |
|
|
|
|
|
|
|
Frederick K. Ito Trust |
|
29,140 |
|
|
|
|
|
|
|
June Y. I. Ito Trust |
|
29,135 |
|
|
|
|
|
|
|
Reger Investment Fund |
|
268,671 |
|
|
|
|
|
|
|
Denise J. Liszewski |
|
34,333 |
|
|
|
|
|
|
|
Samuel Tang |
|
22,889 |
|
|
|
|
|
|
|
David P. Hartsfield |
|
30,519 |
|
|
|
|
|
|
|
Lawrence J. Taff |
|
13,733 |
|
|
|
|
|
|
|
Kimberly F. Acquino |
|
5,874 |
|
|
|
|
|
|
|
M.O.R. XXIX Associates Limited Partnership |
|
148,381 |
|
|
|
|
|
|
|
M.O.R. 44 Gateway Associates Limited Partnership |
|
1 |
|
|
|
|
|
|
|
Enterprise Nautical, Inc. |
|
50,000 |
|
|
|
|
|
|
|
John Parsinen |
|
90,000 |
|
|
|
|
|
|
|
John Parsinen, Jr. |
|
10,000 |
|
|
|
|
|
|
|
New Parkway Domain Group Enterprises, LLC |
|
206,768 |
|
|
|
|
|
|
|
M.O.R. Commons Limited Partnership |
|
7 |
|
|
|
|
|
|
|
John Edward De Burgh Blockey and Sanda Juanita Blockey |
|
50,476 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
27,662,832 |
|
1 |
|
1,250,000 |
|
1,016,662 |
|
2
EXHIBIT 1 ADDENDUM
Series |
|
Preferred |
|
No. of |
|
Liquidation |
|
Priority |
|
Priority |
|
Conversion |
|
Conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A |
|
General Partner |
|
1 |
|
$ |
25 |
|
1.375 |
% |
Senior |
|
1.8748 |
|
8/28/2000 |
|
B |
|
General Partner |
|
1,250,000 |
|
$ |
25 |
|
2.50 |
% |
Senior |
|
None |
|
N/A |
|
C |
|
UPG |
|
1,016,662 |
|
$ |
25 |
|
|
** |
Senior |
|
2.381 |
|
12/22/2000 |
|
* Priority Return Percentage is expressed per Distribution Period.
** Priority Percentage Return for the Series C Preferred
Units shall be:
2.25% from December 21, 1999 to December 20, 2009;
2.625% from December 21, 2009 to December 20, 2014; and
3.00% thereafter.
The Distribution Period for the Series C Preferred Units shall be each calendar quarter ending March 31, June 30, September 30 and December 31 of each year.
3