1 EXHIBIT 10.2 SIXTH AMENDMENT TO SIXTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF FIRST INDUSTRIAL, L.P. As of August 31, 1998, the undersigned, being the sole general partner of First Industrial, L.P. (the "PARTNERSHIP"), a limited...
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EXHIBIT 10.2
SIXTH AMENDMENT TO
SIXTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT OF
FIRST INDUSTRIAL, L.P.
As of August 31, 1998, 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 by the first amendment thereto dated April 1, 1998
and the second amendment thereto dated April 3, 1998, the third amendment
thereto dated April 16, 1998, the fourth amendment thereto dated June 24, 1998,
and the fifth amendment thereto dated July 16, 1998) (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 EXHIBIT 1A
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 EXHIBIT 1A. Such persons hereby adopt the Partnership Agreement. The
undersigned acknowledges that those of the Persons identified on EXHIBIT 1A
hereto that are Substituted Limited Partners have received their Partnership
Interests from various Additional Limited Partners, and the undersigned hereby
consents to such transfers.
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 as of August 31, 1998, 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 X.X. Xxxxxx Co., an Oregon
corporation, Xxxxxx Investment Partnership, an Oregon general partnership,
Xxxxxx Family Real Property L.L.C., an Oregon limited liability company,
Xxxxxxx X. Xxxxxx Marital Trust, u/w/d February 20, 1981, and Xxxxxx X. Xxxxxx,
certain Protected Amounts are being established for the Additional Limited
Partners admitted pursuant to this Amendment, which Protected Amounts are
reflected on EXHIBIT 1D attached hereto and shall be incorporated as part of
EXHIBIT 1D of the Partnership Agreement.
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 amendment as of the
date first written above.
FIRST INDUSTRIAL REALTY TRUST, INC., as
sole general partner of the Partnership
By: /s/ Xxxxxxx X. Xxxxxxx
-------------------------------
Name: Xxxxxxx X. Xxxxxxx
---------------------------------
Title: Chief Operating Officer
--------------------------------
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EXHIBIT 1A
SCHEDULE OF ADDITIONAL LIMITED PARTNERS
ADDITIONAL LIMITED PARTNERS NUMBER OF UNITS CAPITAL CONTRIBUTION
--------------------------- --------------- --------------------
X.X. Xxxxxx Co. 118,265 $3,547,950.95
Xxxxxx Investment Partnership 283,500 8,505,000.63
Xxxxxx Family Real Property
Limited Liability Company 12,062 361,860.37
Xxxxxxx X. Xxxxxx Marital
Trust u/w/d February 20,
1981 14,020 420,600.40
Xxxxxx X. Xxxxxx 27,636 829,080.65
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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
---------------- ---------------
Xxxxx Xxxxxx Lifetime Trust dated 11/1/65 2,384
Xxxxxx X. Xxxxxx, TR of the Xxxxxx X. Xxxxxx
Trust UA Dec 29 92 137,489
Xxxxxxx X. Xxxxxxx 754
Xxxxxx X. Xxxxxx 6,767
Xxxxxxx X. Xxxxxx 22,381
E. Xxxxxx Xxxxxxx 3,374
Xxxxxxx Xxxxx 8,582
Xxxxxx X. Xxxxx 2,283
UA dated April 11, 1996 Xxxxxxx 1996
Revocable Family Trust 598
Xxxxx Xxxx 5,587
Xxxxxxxx Xxxx 28,804
Xxxxxxx X. Xxxxxxx 3,806
Xxxxxx Xxxxx 2,123
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx & Xxxxx
Xxxxxxxxx TR of the Xxxxxxx Childrens
Education Trust UA Dec 20 94, FBO Xxxxxxxx
Xxxx Xxxxxxx 1,970
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx & Xxxxx
Xxxxxxxxx TR of the Xxxxxxx Childrens
Education Trust UA Dec 20 94, FBO Xxxxxxxxx
Xxxxxx Xxxxxxx 1,970
Xxxxx X. Xxxxxxx & Xxxxx X. Xxxxxxx TR of
the Xxxxx X. & Xxxxx X. Xxxxxxx Trust UA
Aug 28 92 9,126
Xxxxxx Xxxxxx 9,261
Calamer Inc. 1,233
Xxxxx X. Xxxxxx 1,388
Xxxxx Xxxxxxx 17,192
Xxxxx X. Xxxxxx Lifetime Trust dated 11/1/72 2,384
The Carthage Partners LLC 34,939
Cliffwood Development Company 64,823
4
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxxxx Family Trust dated 5/6/69 137,808
Xxxxx Xxxxxxx 11,116
Xxxxxxx Xxxxxxx 17,369
Xxxxxxx X. Xxxx and Xxxxxx X. Xxxx, tenants
in the entirety 634
Xxxxxxxx Xxxxxx Coutret 7,327
Xxxxx Xxxxxxxx Xxxx 5,159
Xxxxxxxx Xxxxx Crow 2,602
Xxxxxxx X. Xxxxxx, TR of the Xxxxxxx X.
Xxxxxx Trust UA Nov 4 69 144,296
Xxxxx X. Debilak 5,447
Xxxxxx X. Xxxxxx 6,286
C G Property Development 27,975
W Xxxxx Xxxxx, trustee of the W Xxxxx Xxxxx
Trust U-A 05-31-91 4,416
Xxxxxxxx Xxxxxxx 1,000
Xxxxxx X. Xxxxx 1,388
Xxxxxxx X. Xxxxx 1,508
Xxxx and Xxxxxxxxx Xxxxx, joint tenants 000
Xxxxxxx Xxxxx 48
Draizin Family Partnership, LP 357,896
Xxxxxx X. Xxxxxxx 149,531
Xxxxx Road Associates 29,511
Xxxxx Xxxxx, trustee U-A dated 02/24/86 33,031
Xxxxxx Road Associates Limited Partnership 2,751
Fitz & Xxxxx Partnership 3,410
Fourbur Family Co., L.P. 620,273
Gamma Three Associates Limited Partnership 3,338
Xxxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxxxx,
tenants in the entirety 6,166
Xxxx Xxxxxx & Xxxx Xxxxxx, joint tenants
with rights of survivorship 15,159
Xxxxx X. Xxxxx Trust UA Jan 16 81 36,476
Highland Associates Limited Partnership 69,039
Xxxxxx X. Xxxxxx Xx. 150,146
Xxxxxx/Xxxxxxx Investment Corporation 22,079
Xxxxxx X. Xxxx 175,000
5
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Internal Investment Company 3,016
Xxxxxxxxx X. Xxx 3,880
The Xxxx Xxxxxxxx Revocable Living Trust UA
March 23, 1978 26,005
Jayeff Associates Limited Partnership 16,249
Xxxxxxx X. Xxxxxxx 3,917
Jernie Holdings Corp. 180,499
Xxxx X. De B Blockey Trust 8,293
Xxxxxx X. Xxxxxxx, Xx. and Xxxxxx X.
Xxxxxxx, tenants in the entirety 2,142
Xxxxxxx Xxxxxxx 2,183
Xxxxx Xxxxx 9,261
Xxxxxxx Investment Corporation 13,606
Xxxx X. Xxxxxxx 39,749
Xxxxxxxxx Xxxxxxx 417,961
Xxxxxx Xxxxxxx 18,653
LGR Investment Fund Ltd 22,556
Xxxxxxx Properties, L.L.C. 25,342
Princeton South at Lawrenceville LLC 4,692
Xxxxxxx Equities LP 254,541
Xxxxx Xxxx 617
R. Xxxxx Xxxxxx 754
J. Xxxxxxx Xxxxxxxx 12
Xxxxxx Xxxxxx 2,922
Xxxxx Xxxxxx 2,000
The Xxxxxx Xxxxxxx Revocable Trust UA
October 22, 1976 149,531
Montrose Xxxxxxx Associates 4,874
Xxxxx Xxxxxx 56,184
Xxxxxxx Xxxxxxxxxx 81,654
Xxxxxx Xxxxx 1,508
Xxxx X. Xxxxxxxxxx 10,076
New Land Associates Limited Partnership 1,664
North Star Associates Limited Partnership 19,333
Xxxxx X'Xxxxxx 13,845
Xxxxx X'Xxxxxx 66,181
6
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Princeton South at Lawrenceville One 4,426
Xxxxxxx Xxxxxxx 2,000
Xxxxxxxxx Road Associates Limited Partnership 2,751
R.C.P. Associates, a New Jersey limited
partnership 3,060
Xxxx X. Xxxx 1,071
Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxx, as
tenants in the entirety 2,142
Xxxxx X. Xxxxxxxx 40,154
Xxxxx X. Xxxxxxx 1,508
RJB Ford City Limited Partnership 158,438
RJB II Limited Partnership 40,788
Xxxxxx X. Xxxxxxx and Xxxxxxx X. Xxxxxxx,
tenants in the entirety 8,308
W.F.O. Xxxxxxxxxxx 634
Xxxxxx Xxx Xxxxxx 634
Shadeland Associates Limited Partnership 42,976
Shadeland Corporation 4,442
Xxx X. Xxxxxxx 66,984
Xxx X. Xxxxxxx and Xxxxxxxx X. Xxxxxxx,
tenants in the entirety 1,223
Xxxxxxx Equities LP 254,541
Xxxxxxx X. Xxxxx 2,829
Xxxxx X. Xxxxx, and Xxxxx X. Xxxxx, tenants
in the entirety 754
Xxxx X. Xxxxx and Xxxxx X. Xxxxx, tenants in
the entirety 1,508
Xxxxx Xxxxx 13,571
South Broad Company 72,421
South Gold Company 82,433
SRS Partnership 2,142
UA Dated May 21, 1996 FBO Xxxxxx Xxxxx 56,778
S. Xxxxx Xxxxx 56,778
Xxxxxxxx Xxxxx 80,026
Suburban Roseland Associates, a Limited
Partnership 3,002
Xxxxxx X. Xxxxxxxxxx Trust 450
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LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxxx X. Xxxxx & Xxxx X. Xxxxx, Co-Trustees
of the Xxxxxx X. Xxxxx & Xxxx X. Xxxxx Trust
Dated 10-18-89 2,283
Xxxxxxx X. Tomasz 25,847
Xxxxx X. Xxxxxx 2,142
Xxx Xxxxx Associates 39,370
Worlds Fair Associates 6,134
Worlds Fair III Associates 14,094
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 Xxxxxx Xxxxx 3,912
Xxxx X. Xxxxxxx 17,022
Xxxxxxx X. Xxxxxxx 16,480
Xxxxxxxxx Xxxxxxxxxxx 3,800
Xxxx Trust dated 6/16/77 653
Xxxxx X. Xxxxxx 12,173
Xxx Xxxxx Xxxxxx 10,665
Xxxxx Xxxxxx-Xxxxx 12,173
Xxxxx Xxxxx 1,326
Xxxxx Xxxxx 3,177
Xxxxxxx Xxxx 2,216
J. Xxxxx Xxxxxxx 727
Xxxxxxx Family Trust dated 6/28/85 874
Xxxxxxxx X. Xxxxxxxx 9,387
Xxxxxxx Xxxxx 27,782
Xxxxxxx & Xxxxxxx Xxxxx, joint tenants 3,285
H/Airport GP Inc. 1,433
Xxxxxx Hack 22,522
Xxxxxx X. Xxxxxxxxx 3,329
Xxxxxx Xxxxxxx 1,132
Xxxxxxxx Xxxxxxx 3,137
Xxxxxx Trust dated 4/30/79 653
8
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxx X. and Xxxxxx X. Xxxx Family Trust UDT
dated 6/7/94 15,864
L. Xxxxx Xxxxxxx 3,196
Xxxxxxx Living Trust dated 2/18/83 1,078
Xxxxxxx Xxxx Xxxxxx 57
JPG Investment 919
Xxxxx X. Xxxxxxxxxx 5,436
Xxxxxx Xxxxxxx 546
Kirshner Family Trust #1 dated 4/8/76 29,558
Kirshner Trust #4 FBO Xxxx Xxxxxxxx 20,258
Xxxxxxx MD Pension 994
Xxxxxxx X. Xxxxxxx 2,493
Xxx Xxxxx Xxxxxx Lifetime Trust dated 11/1/65 2,384
Xxxxxxx Xxxxxxx 664
Xxxxxx Xxxxxxx III 5,856
Xxxxx Xxxxxxx 37,645
Xxxxxx X. Xxxxx LTD 4,048
CLMM LLC 3,825
PAC-II LLC 17,356
Sealy Professional Drive LLC 2,906
Sealy Unitholder LLC 31,552
SPM Industrial LLC 5,262
Reyem Partners LP 8,489
Xxxxx X. Xxxxxxx 636
Xxxxxxx XxXxxxxxxx 623
XxXxxxx Management Inc. 5,478
MCS Properties, Inc. 5,958
Xxxx Xxxxxx Xxxxxx 7,327
Xxxxx Xxxxxx, Xx. 4,911
Xxxx Xxxxxx 4,910
Xxxx Xxxxxxx 28
Xxxxxxxxx X. X'Xxxxx 832
Xxxxxx X. X'Xxxxx 832
Xxxxx Xxxxx 31,828
Pacifica Holding Company 97,870
9
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxx X. Xxxxxx 1,816
Xxxxx X. Xxxxxxxx 3,912
Xxxxxxx Xxxx 2,879
Xxxxxx Family Trust dated 10/6/89 3,140
Xxxxxx X. Xxxxxx 37,674
Manor Properties 143,408
Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxxxxxx XXX dated
9/1/91 607
Xxxxxx X. Xxxx Living Trust dated 1/9/90 &
Amended 12/16/96 3,591
Xxxxx Xxxx 2,156
Xxxxxxxx Xxxx 3,350
Xxxxxx Xxxx Sample 5,449
Sealy & Company, Inc. 37,119
Sealy Florida, Inc. 675
Xxxx X. Xxxxx 8,451
Sealy Real Estate Services, Inc. 148,478
Xxxxx X. Xxxxx 40,902
Xxxxxxx Xxxxxx XXX dated 2/5/86 969
Siskel Family Partnership 11,359
Siskel Revocable Trust 1987 dated 4/17/1987 10,087
Xxxxxxx Xxxxxx 3,802
Xxxxx Xxxxx 386
Xxxxxxxx Xxxxx trust dated August 1, 1989 794
Sterling Family Trust dated 3/27/80 3,559
Xxxxxx X. Xxxxxxxx 39,243
TUT Investments I LLC 5,274
Xxxxxxx X. Xxxxxxx 2,906
Xxx Xxxxxx Family Partnership 2,262
Xxxxxxxx X. and Xxxxxx Xxxxxx Living trust
UDT dated 4/26/96 12,055
Xxxxx Xxxxxxxxx 338
Xxxxxxx Xxxxxx, Jr. 963
Xxxxxxx Xxxxxxx Xx. Rollover XXX dated
1/21/93 656
Xxxxxxx X. Xxxxxx, Xx. 41,119
Xxxxxxxx Xxxxxx-Xxxxxx 12,944
10
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxxxx X. Xxxxxx Trust dated 4/29/94 8,016
Xxxx Xxxxxx 35,787
World's Fair Thirty 1,442
Wolsum, Inc. 2,427
Johannson Yap 1,680
Xxxxxx & Xxxxxx Xxxxxxxxx 615
Xxxxxxx Xxxx 15,017
Xxxxxxx Xxxxxx 30,032
Xxxxxxx Xxxxxx 15,016
J. O'Xxxx Xxxxx, Sr. 513
Xxxxx X. Xxxxx, Xx. 513
Xxxxxxx X. Xxxxxxx 513
Xxx Xxxxxx Trust Agreement dated March 16,
1978, as restated on November 16, 1993 337,753
Xxxxxxx X. Xxxxxxxxx Living Trust dated
October 15, 1990, as amended 47,174
Xxxxx X. Xxxxxxx Revocable Trust Agreement,
dated December 13, 1976, as amended and
restated on June 28, 1995 128,783
Xxxx Xxxxxx Trust of June 28, 1995 18,464
Xxx X. Xxxxx Revocable Trust Agreement dated
February 14, 1984 30,285
Xxxxxxx Xxxxxxxxxx Revocable Trust Agreement
dated February 28, 1984 21,655
RBZ LLC 124
KEP LLC 78,873
ESAA Associates Limited Partnership 19,367
Xxxx X. Xxxxxxx, Xx. 5,289
Xxxxxxx X. Xxxxxxx 5,289
Xxxxxx X. Xxxxxxx 5,289
Xxxxxx X. Xxxxxxx 5,289
Xxxx X. Xxxxxxx Revocable Trust 15,184
Xxxxxxx X. Xxxxxxx, Xx. 3,374
Xxxxx X. Xxxxxxx 1,688
Apollo/Pacifica Xxxxxx LLC 42,977
Xxxxx and Xxxxxxxx Xxxxxxx 7,987
X.X. Xxxxxx Co. 118,265
11
LIMITED PARTNERS NUMBER OF UNITS
---------------- ---------------
Xxxxxx Investment Partnership 283,500
Xxxxxx Family Real Property Limited
Liability Company 12,062
Xxxxxxx X. Xxxxxx Marital Trust
u/w/d February 20, 1981 14,020
Xxxxxx X. Xxxxxx 27,636
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EXHIBIT 1D
CONTRIBUTOR PARTNER PROTECTED AMOUNT
------------------- ----------------
Xxxxxx Family Real Property
Limited Liability Company *see below
Xxxxxx X Xxxxxx *see below
Xxxxxxx X. Xxxxxx Marital Trust
u/w/d February 20, 1981 *see below
X.X. Xxxxxx Co. *see below
Xxxxxx Investment Partnership *see below
--------------------
*An amount equal to (a) the taxable gain, if any, that would be realized
by such Additional Limited Partner if such Additional Limited Partner were
to dispose of its Interest for no consideration other than the release or
deemed release of liabilities of the Partnership assumed by or otherwise
allocable to such Additional Limited Partner under Code Section 752, as
such hypothetical gain is determined from time to time, less (b) such
Additional Limited Partner's share of "qualified nonrecourse financing"
as defined in Code Section 465(b)(6) and the Treasury Regulations
thereunder, as such share is determined in accordance with Treasury
Regulations Section 1.752-3(a).
