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EXHIBIT 10.4
SIXTH AMENDMENT TO
FOURTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
As of August 29, 1997, 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 Fourth Amended and Restated Limited Partnership Agreement,
dated June 6, 1997 (as amended by the first amendment thereto dated June 20,
1997, the second amendment thereto dated June 30, 1997, the third amendment
thereto dated July 18, 1997, the fourth amendment thereto dated July 31, 1997
and the fifth Amendment thereto dated August 1, 1997, collectively, the
"PARTNERSHIP AGREEMENT"), does hereby amend the Partnership Agreement as
follows:
Capitalized terms used but not defined in this Sixth 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. The
General Partner hereby consents to the assignment of the Units of the
Additional Limited Partners identified as transferors on SCHEDULE 2 hereto to
the parties identified as transferees and in the amounts set forth on such
SCHEDULE 2, and to the admission to the Partnership as Substituted Limited
Partners of such transferees, and such transferees are hereby admitted to the
Partnership as Substituted Limited Partners.
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. PROTECTED AMOUNTS. In connection with the transactions consummated
pursuant to that certain Contribution Agreement (the "CONTRIBUTION AGREEMENT"),
dated June 30, 1997, by and between FR Acquisitions, Inc., a Maryland
corporation (it having assigned its entire right, title and interest in and to
the Contribution Agreement to the Partnership), and the other parties listed on
the signature pages of the Contribution Agreement, certain Protected Amounts
are being established for the Additional Limited Partners admitted pursuant to
this Sixth Amendment, which Protected Amounts are reflected on EXHIBIT 1D
attached hereto and shall be incorporated as part of EXHIBIT 1D of the
Partnership Agreement.
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4. RATIFICATION. Except as expressly modified by this Sixth Amendment,
all of the provisions of the Partnership Agreement are affirmed and ratified
and remain in full force and effect.
IN WITNESS WHEREOF, the undersigned has executed this Sixth Amendment as
of the date first written above.
FIRST INDUSTRIAL REALTY TRUST, INC., as
sole general partner of the Partnership
By: ____________________________
Name:______________________
Title:_____________________
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EXHIBIT 1B
SCHEDULE OF PARTNERS
GENERAL PARTNER NUMBER OF UNITS
- --------------- ---------------
First Industrial Realty Trust, Inc. 30,151,117
LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Daniel R. Andrew, TR of the Daniel R. Andrew Trust UA Dec 29 92 137,489
Charles T. Andrews 754
BK Columbus Venture 24,789
Michael W. Brennan 7,587
Henry D. Bullock & Terri D. Bullock & Shawn Stevenson TR of 770
the Bullock Childrens Education Trust UA Dec 20 94, FBO
Benjamin Dure Bullock
Henry D. Bullock & Terri D. Bullock & Shawn Stevenson TR of 770
the Bullock Childrens Education Trust UA Dec 20 94, FBO
Christine Laurel Bullock
Henry D. Bullock & Terri D. Bullock TR of the Henry D. & Terri 12,551
D. Bullock Trust UA Aug 28 92
Edward Burger 9,261
Jan Burman 18,653
Susan Burman 523,155
Perry C. Caplan 1,388
Charles S. Cook and Shelby H. Cook, tenants in the entirety 634
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
George L. Cramer, Jr. 2,262
Michael G. Damone, TR of the Michael G. Damone Trust UA Nov 4 69 144,296
Robert L. Denton 6,286
W. Allen Doane TR of the W. Allen Doane Trust UA May 31, 91 4,416
Timothy Donohue 2,000
Darwin B. Dosch 1,388
Charles F. Downs 1,508
Danielle Draizin 6,538
Heather Draizin 6,538
Jason Draizin 13,078
Judith Draizin 331,742
Joseph Dresner 149,531
Ethel Road Associates, a New Jersey limited partnership 29,511
Farlow Road Associates Limited Partnership 2,751
Fitz & Smith Partnership 3,410
Fourbur Co., L.L.C. 27,987
Fourbur Family Co., L.P. 50,478
Gamma Three Associates Limited Partnership, a New Jersey 3,338
limited partnership
Dennis G. Goodwin and Jeannie L. Goodwin, tenants in the 6,166
entirety
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Clay Hamlin & Lynn Hamlin JT TEN WROS 15,159
Henry E. Dietz Trust UA Jan 16 81 36,476
Highland Associates Limited Partnership 69,039
Robert W. Holman Jr. 150,134
Holman/Shidler Investment Corporation 22,079
Steven B. Hoyt 220,000
Internal Investment Company 3,016
Frederick K. Ito 3,880
The Jack Friedman Revocable Living Trust dated March 23, 1978 26,005
Jayeff Associates Limited Partnership, a New Jersey limited 16,249
partnership
Michael W. Jenkins 3,831
Jernie Holdings Corp. 180,499
John E. de Blockey, TR of the John E. De B Blockey Trust 8,187
Thomas J. Johnson, Jr. and Sandra L. Johnson, tenants in the 2,142
entirety
Nourhan Kailian 2,183
Peter Kepic 9,261
Lambert Investment Corporation 13,606
Paul T. Lambert 39,737
Constance Lazarus 417,961
Jerome Lazarus 18,653
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
LGR Investment Fund Ltd 22,556
Malcolm Properties, L.L.C. 25,342
Shidler Equities LP 254,541
Duane Lund 617
Craig R. Martin 754
Eileen Millar 2,880
Linda Miller 2,000
The Milton Dresner Revocable Trust dated October 22, 1976 149,531
Montrose Kennedy Associates, a New Jersey general partnership 4,874
Peter Murphy 56,184
Anthony Muscatello 81,654
Joseph Musti 1,508
Dean A. Nachtigall 10,076
New Land Associates Limited Partnership, a New Jersey limited 1,664
partnership
North Star Associates Limited Partnership 19,333
Arden O'Connor 63,845
Peter O'Connor 66,181
Eduardo Paneque 2,000
Partridge Road Associates Limited Partnership 2,751
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
R.C.P. Associates, a New Jersey limited partnership 3,060
Jack F. Ream 1,071
Glenn C. Rexroth & Linda A. Rexroth 2,142
James C. Reynolds 38,697
Andre G. Richard 1,508
Edward C. Roberts and Rebecca S. Roberts, tenants in the 8,308
entirety
W.F.O. Rosenmiller 634
Edward Jon Sarama 634
Shadeland Associates Limited Partnership 42,976
Shadeland Corporation 4,442
Jay H. Shidler 65,118
Jay H. Shidler & Wallette A. Shidler TEN ENT 1,223
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, a New Jersey limited partnership 72,421
South Gold Company, a New Jersey general partnership 53,000
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
SRS PARTNERSHIP 2,142
Robert Stein 56,778
S. Larry Stein 56,778
Jonathan Stott 130,026
Suburban Roseland Associates, a Limited Partnership, a New 3,002
Jersey limited partnership
Thelma C. Gretzinger Trust 450
Michael T. Tomasz 23,868
Barry L. Tracey 2,142
Mark S. Whiting 25,206
Worlds Fair Associates, a New Jersey general partnership 6,134
The Worlds Fair Office Associates, a New Jersey general 3,343
partnership
Worlds Fair Partners Limited Partnership, a New Jersey limited 1,664
partnership
Worlds Fair III Associates, a New Jersey limited partnership 14,094
The Worlds Fair V Associates, a New Jersey general partnership 3,340
The Worlds Fair 25 Associates, a Limited Partnership, a New 13,677
Jersey limited partnership
Van Brunt Associates, a New Jersey limited partnership 39,370
Punia Company, L.L.C. 1,995
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LIMITED PARTNERS NUMBER OF UNITS
- ---------------- ---------------
Princeton South at Lawrenceville One, a New Jersey limited 4,426
partnership
Princeton South at Lawrenceville, L.L.C., a New Jersey 4,692
limited liability company
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EXHIBIT 1D
PROTECTED AMOUNTS
Princeton South at Lawrenceville $ 5,267,344
One, a New Jersey limited partnership
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SCHEDULE 1
Additional
Limited Partners Number of Units Capital Contribution
- ---------------- --------------- --------------------
Princeton South at 6,421 $ 191,282.31
Lawrenceville One, a New
Jersey limited partnership
South Broad Company, a New 49,887 $1,499,104.35
Jersey limited partnership
Princeton South at 4,692 N/A
Lawrenceville, L.L.C., a
New Jersey limited
liability company
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SCHEDULE 2
Transferror New Holder Units Capital Account
- --------------------------- --------------------------- ----- ---------------
Princeton South at Punia Company, L.L.C., a
Lawrenceville One, a New New Jersey limited
Jersey limited partnership liability company 1,995 $59,431.05