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EXHIBIT 10.3
SEVENTH AMENDMENT TO
SIXTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
The undersigned, being the sole general partner of First Industrial, L.P.
(the "Partnership"), a limited partnership formed under the Delaware Revised
Uniform Limited Partnership Act and pursuant to the terms of that certain Sixth
Amended and Restated Limited Partnership Agreement dated March 18, 1998, as
amended (the "Partnership Agreement") does hereby amend the Partnership
Agreement as follows:
Capitalized terms used but not defined in this Seventh 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 Units and having made the Capital Contributions set forth
on such Schedule 1. Such persons hereby adopt the Partnership Agreement.
2. Schedule of Partners. Exhibit 1B to the Partnership Agreement is hereby
deleted in its entirety and replaced by Exhibit 1B hereto which identifies the
Partners following consummation of the transactions referred to in Section 1
hereof.
3. Ratification. Except as expressly modified by this Seventh Amendment,
all of the provisions of the Partnership Agreement are affirmed and ratified and
remain in full force and effect.
4. Dated: October 21, 1998
FIRST INDUSTRIAL REALTY TRUST, INC.
As sole General Partner of the Partnership
By:___/s/ Michael W. Brennan_____________
Name: Michael W. Brennan
Title: Chief Operating Officer
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SCHEDULE 1
ADDITIONAL LIMITED PARTNERS
ADDITIONAL LIMITED PARTNERS NUMBER OF UNITS CAPITAL CONTRIBUTION
- --------------------------- --------------- --------------------
Jack H. Kulka 330 $8,013.06
Babette Kulka 330 $8,013.06
Jeffrey L. Greenberg 330 $8,013.06
Martin Eglow 330 $8,013.06
James J. Warfield 330 $8,013.06
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EXHIBIT 1B
SCHEDULE OF PARTNERS
GENERAL PARTNER NUMBER OF UNITS
- --------------- ---------------
First Industrial Realty Trust, Inc. 30,892,739
LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Aimee Freyer Lifetime Trust dated 11/1/65 2,384
Daniel R. Andrew, TR of the Daniel R.
Andrew Trust UA Dec 29 92 137,489
Charles T. Andrews 754
Gordon E. Atkins 6,767
William J. Atkins 22,381
E. Donald Bafford 3,374
William Baloh 8,582
Edward N. Barad 2,283
UA dated April 11, 1996 Blurton 1996
Revocable Family Trust 598
James Bolt 5,587
Harriett Bonn 28,804
Michael W. Brennan 3,806
Robert Brown 2,123
Henry D. Bullock & Terri D. Bullock &
Shawn Stevenson TR of the Bullock
Childrens Education Trust UA Dec 20 94,
FBO Benjamin Dure Bullock 1,970
Henry D. Bullock & Terri D. Bullock &
Shawn Stevenson TR of the Bullock
Childrens Education Trust UA Dec 20 94,
FBO Christine Laurel Bullock 1,970
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Henry D. Bullock & Terri D. Bullock TR of
the Henry D. & Terri D. Bullock Trust UA
Aug 28 92 9,126
Edward Burger 9,261
Calamer Inc. 1,233
Perry C. Caplan 1,388
Irwin Carasso 17,192
Carol P. Freyer Lifetime Trust dated 11/1/72 2,384
The Carthage Partners LLC 34,939
Cliffwood Development Company 64,823
Collins Family Trust dated 5/6/69 137,808
Kelly Collins 11,116
Michael Collins 17,369
Charles S. Cook and Shelby H. Cook, tenants
in the entirety 634
Caroline Atkins Coutret 7,327
David Cleborne Crow 5,159
Gretchen Smith Crow 2,602
Michael G. Damone, TR of the Michael G.
Damone Trust UA Nov 4 69 144,296
Myrna R. Debilak 5,447
Robert L. Denton 6,286
C G Property Development 27,975
W Allen Doane, trustee of the W Allen Doane
Trust U-A 05-31-91 4,416
Timonthy Donohue 1,000
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Darwin B. Dosch 1,388
Charles F. Downs 1,508
Greg and Christina Downs, joint tenants 474
Gregory Downs 48
Draizin Family Partnership, LP 357,896
Joseph S. Dresner 149,531
Ethel Road Associates 29,511
James Kozen, trustee U-A dated 02/24/86 33,031
Farlow Road Associates Limited Partnership 2,751
Fitz & Smith Partnership 3,410
Fourbur Family Co., L.P. 620,273
Gamma Three Associates Limited Partnership 3,338
Dennis G. Goodwin and Jeannie L. Goodwin,
tenants in the entirety 6,166
Clay Hamlin & Lynn Hamlin, joint tenants
with rights of survivorship 15,159
Henry E. Dietz Trust UA Jan 16 81 36,476
Highland Associates Limited Partnership 69,039
Robert W. Holman Jr. 150,146
Holman/Shidler Investment Corporation 22,079
Steven B. Hoyt 175,000
Internal Investment Company 3,016
Frederick K. Ito 3,880
The Jack Friedman Revocable Living Trust
UA March 23, 1978 26,005
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Jayeff Associates Limited Partnership 16,249
Michael W. Jenkins 3,917
Jernie Holdings Corp. 180,499
John E. De B Blockey Trust 8,293
Thomas J. Johnson, Jr. and Sandra L.
Johnson, tenants in the entirety 2,142
Nourhan Kailian 2,183
Peter Kepic 9,261
Lambert Investment Corporation 13,606
Paul T. Lambert 39,749
Constance Lazarus 417,961
Jerome Lazarus 18,653
LGR Investment Fund Ltd 22,556
Malcolm Properties, L.L.C. 25,342
Princeton South at Lawrenceville LLC 4,692
Shidler Equities LP 254,541
Duane Lund 617
R. Craig Martin 754
J. Stanley Mattison 12
Eileen Millar 2,922
Linda Miller 2,000
The Milton Dresner Revocable Trust UA
October 22, 1976 149,531
Montrose Kennedy Associates 4,874
Peter Murphy 56,184
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Anthony Muscatello 81,654
Joseph Musti 1,508
Dean A. Nachtigall 10,076
New Land Associates Limited Partnership 1,664
North Star Associates Limited Partnership 19,333
Arden O'Connor 13,845
Peter O'Connor 66,181
Princeton South at Lawrenceville One 4,426
Eduardo Paneque 2,000
Partridge Road Associates Limited
Partnership 2,751
R.C.P. Associates, a New Jersey limited
partnership 3,060
Jack F. Ream 1,071
Glenn C. Rexroth and Linda A. Rexroth, as
tenants in the entirety 2,142
James C. Reynolds 40,154
Andre G. Richard 1,508
RJB Ford City Limited Partnership 158,438
RJB II Limited Partnership 40,788
Edward C. Roberts and Rebecca S. Roberts,
tenants in the entirety 8,308
W.F.O. Rosenmiller 634
Edward Jon Sarama 634
Shadeland Associates Limited Partnership 42,976
Shadeland Corporation 4,442
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Jay H. Shidler 66,984
Jay H. Shidler and Wallette A. Shidler,
tenants in the entirety 1,223
Shidler Equities LP 254,541
Michael B. Slade 2,829
David W. Smith, and Doris L. Smith,
tenants in the entirety 754
Gary L. Smith and Joyce A. Smith, tenants
in the entirety 1,508
Kevin Smith 13,571
South Broad Company 72,421
South Gold Company 82,433
SRS Partnership 2,142
UA Dated May 21, 1996 FBO Robert Stein 56,778
S. Larry Stein 56,778
Jonathan Stott 80,026
Suburban Roseland Associates, a Limited
Partnership 3,002
Thelma C. Gretzinger Trust 450
Thomas K. Barad & Jill E. Barad,
Co-Trustees of the Thomas K. Barad & Jill
E. Barad Trust Dated 10-18-89 2,283
Michael T. Tomasz 25,847
Barry L. Tracey 2,142
Van Brunt Associates 39,370
Worlds Fair Associates 6,134
Worlds Fair III Associates 14,094
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
The Worlds Fair Office Associates 3,343
Worlds Fair Partners Limited Partnership 1,664
The Worlds Fair V Associates 3,340
The Worlds Fair 25 Associates 13,677
BSDK Enterprises 3,596
Estate of Albert Sklar 3,912
Rand H. Falbaum 17,022
William M. Fausone 16,480
Elizabeth Fitzpatrick 3,800
Fred Trust dated 6/16/77 653
Carol P. Freyer 12,173
Lee Karen Freyer 10,665
Aimee Freyer-Valls 12,173
David Fried 1,326
Ester Fried 3,177
Douglas Frye 2,216
J. Peter Gaffney 727
Gerlach Family Trust dated 6/28/85 874
Patricia O. Godchaux 9,387
Timothy Gudim 27,782
Timothy & Melissa Gudim, joint tenants 3,285
H/Airport GP Inc. 1,433
Vivian Hack 22,522
Martha J. Harbinson 3,329
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Turner Harshaw 1,132
Cathleen Hession 3,137
Howard Trust dated 4/30/79 653
John A. and Gloria H. Sage Family Trust
UDT dated 6/7/94 15,864
L. Chris Johnson 3,196
Johnson Living Trust dated 2/18/83 1,078
Charles Mark Jordan 57
JPG Investment 919
David R. Kahnweiler 5,436
Thomas Kendall 546
Kirshner Family Trust #1 dated 4/8/76 29,558
Kirshner Trust #4 FBO Todd Kirshner 20,258
Kolpack MD Pension 994
Chester A. Latcham 2,493
Lee Karen Freyer Lifetime Trust dated
11/1/65 2,384
Georgia Leonard 664
Robert Leonard III 5,856
Steve Leonard 37,645
Leslie A. Rubin LTD 4,048
CLMM LLC 3,825
PAC-II LLC 17,356
Sealy Professional Drive LLC 2,906
Sealy Unitholder LLC 31,552
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
SPM Industrial LLC 5,262
Reyem Partners LP 8,489
Henry E. Mawicke 636
Richard McClintock 623
McElroy Management Inc. 5,478
MCS Properties, Inc. 5,958
Lila Atkins Mulkey 7,327
James Muslow, Jr. 4,911
Adel Nassif 4,910
Kris Nielson 28
Catherine A. O'Brien 832
Martha E. O'Brien 832
Steve Ohren 31,828
Pacifica Holding Company 97,870
Sybil T. Patten 1,816
Betty S. Phillips 3,912
Jeffrey Pion 2,879
Pipkin Family Trust dated 10/6/89 3,140
Robert J. Powers 37,674
Manor Properties 143,408
Elizabeth Hutton Hagen Fitzpatrick IRA
dated 9/1/91 607
Robert S. Hood Living Trust dated 1/9/90
& Amended 12/16/96 3,591
James Sage 2,156
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Kathleen Sage 3,350
Wilton Wade Sample 5,449
Sealy & Company, Inc. 37,119
Sealy Florida, Inc. 675
Mark P. Sealy 8,451
Sealy Real Estate Services, Inc. 148,478
Scott P. Sealy 40,902
Marilyn Rangel IRA dated 2/5/86 969
Siskel Family Partnership 11,359
Siskel Revocable Trust 1987 dated
4/17/1987 10,087
Suzanne Siskel 3,802
Steve Smith 386
Sterling Alsip Trust dated August 1, 1989 794
Sterling Family Trust dated 3/27/80 3,559
Donald C. Thompson 39,243
TUT Investments I LLC 5,274
William S. Tyrrell 2,906
Van Gilder Family Partnership 2,262
Virginia B. and Norton Sharpe Living
trust UDT dated 4/26/96 12,055
Steve Walbridge 338
Richard Walker, Jr. 963
Charles Kendall Jr. Rollover IRA dated
1/21/93 656
William B. Wiener, Jr. 41,119
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Patricia Wiener-Shifke 12,944
William J. Mallen Trust dated 4/29/94 8,016
Fred Wilson 35,787
World's Fair Thirty 1,442
Wolsum, Inc. 2,427
Johannson Yap 1,680
Gerald & Sharon Zuckerman 615
Stephen Mann 15,017
Stanley Gruber 30,032
Seymour Israel 15,016
J. O'Neil Duffy, Sr. 513
James O. Duffy, Jr. 513
Garrett E. Sheehan 513
Sam Shamie Trust Agreement dated March
16, 1978, as restated on November 16,
1993 337,753
Richard H. Zimmerman Living Trust dated
October 15, 1990, as amended 47,174
Keith J. Pomeroy Revocable Trust
Agreement, dated December 13, 1976, as
amended and restated on June 28, 1995 128,783
Enid Braden Trust of June 28, 1995 18,464
Sam L. Yaker Revocable Trust Agreement
dated February 14, 1984 30,285
Armenag Kalaydjian Revocable Trust
Agreement dated February 28, 1984 21,655
RBZ LLC 124
KEP LLC 78,873
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LIMITED PARTNERS NUMBER OF UNITS
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ESAA Associates Limited Partnership 19,367
Paul F. Obrecht, Jr. 5,289
Richard F. Obrecht 5,289
Thomas F. Obrecht 5,289
George F. Obrecht 5,289
Joan R. Kreiger Revocable Trust 15,184
William L. Kreiger, Jr. 3,374
Elmer H. Wingate 1,688
Apollo/Pacifica Bryant LLC 42,977
Edwin and Cathleen Hession 7,987
D.W. Sivers Co. 118,265
Sivers Investment Partnership 283,500
Sivers Family Real Property
Limited Liability Company 12,062
Wendell C. Sivers Marital Trust
u/w/d February 20, 1981 14,020
Dennis W. Sivers 27,636
Jack H. Kulka 330
Babette Kulka 330
Jeffrey L. Greenberg 330
Martin Eglow 330
James J. Warfield 330