0000923118-97-000004 Sample Contracts

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Letterhead of State of Michigan Retirement Systems] 517/373-0702 December 19, 1996 Home Properties of New York, Inc. 850 Clinton Square Rochester, New York 14604 Ladies and Gentlemen: We are on this date, entering into a Partnership Interest Purchase...
Home Properties of New York Inc • January 7th, 1997 • Real estate investment trusts

We are on this date, entering into a Partnership Interest Purchase Agreement (the "Purchase Agreement") whereby the undersigned agrees to acquire a Class A Limited Partnership Interest (the "Class A Interest") in Home Properties of New York, L.P. (the "Partnership"). Pursuant to Amendment No. 9 (the "Amendment") to the Amended and Restated Agreement of Limited Partnership of the Partnership (as amended, the "Partnership Agreement"), the Class A Interest is convertible into shares of common stock, par value $.01 per share ("HP Shares"), of Home Properties of New York, Inc., the general partner of the Partnership (the "General Partner").

HOME PROPERTIES OF NEW YORK, L.P. AMENDMENT NO. 9 TO AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
Home Properties of New York Inc • January 7th, 1997 • Real estate investment trusts • New York
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