PROCEDURES FOR ACTIONS AND CONSENTS OF PARTNERS; AMENDMENT OF AGREEMENT Clause Samples

PROCEDURES FOR ACTIONS AND CONSENTS OF PARTNERS; AMENDMENT OF AGREEMENT. MEETINGS 54 12.1. Procedures of Actions and Consents of Partners Notices 54 12.2. Amendment 55 12.3. Actions and Consents of the Partners 57 ARTICLE 13 GENERAL PROVISIONS 58 13.1. Notices 58 13.2. Survival of Rights 58 13.3. Additional Documents 58 13.4. Severability 58 13.5. Entire Agreement 58 13.6. Pronouns and Plurals 58 13.7. Headings 59 13.8. Counterparts 59 13.9. Governing Law 59 13.10. Limitation to Preserve REIT Status. 59 13.11. No Partition 60 13.12. No Rights as Shareholders 60 EXHIBIT A – Notice of Exercise of Redemption Right This Third Amended and Restated Limited Partnership Agreement of JLLIPT Holdings LP (this “Agreement”) is entered into as of May 6, 2020, by and among JLLIPT Holdings GP, LLC, a Delaware limited liability company, as the General Partner, ▇▇▇▇▇ ▇▇▇▇ LaSalle Income Property Trust, Inc, a Maryland corporation, as the Initial Limited Partner, and the other Limited Partners party hereto from time to time. This Agreement shall supersede and replace the Second Amended Agreement (defined below).