0001104659-07-047163 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF BEHRINGER HARVARD CORDILLERA, LLC
Limited Liability Company Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT (“Agreement”) is made and entered into effective as of the 10th day of May 2007, by and between BEHRINGER HARVARD CORDILLERA INVESTOR, LLC, a Delaware limited liability company (“BH Investor”), and CORDILLERA PARTNERS, LLC, a Delaware limited liability company (“CP Investor”). The BH Investor and the CP Investor, together with any such additional parties as and when admitted to the Company (as defined below) as members shall be individually a “Member” and, collectively, the “Members”.

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LEASE AGREEMENT BETWEEN
Lease Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Texas

THIS LEASE AGREEMENT (this “Lease”) is made and entered into to be effective as of the 6th day of June, 2007 (“Effective Date”), by and between BEHRINGER HARVARD CORDILLERA, LLC, a Delaware limited liability company (“Lessor”), and BEHRINGER HARVARD RESIDENCES AT CORDILLERA, LLC, a Delaware limited liability company (“Lessee”). B

SECURITY AGREEMENT
Security Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Colorado

THIS SECURITY AGREEMENT (“Agreement”) dated as of June 6, 2007, is executed by BEHRINGER HARVARD CORDILLERA, LLC, a Delaware limited liability company, having an address at 15601 Dallas Parkway, Suite 600, Addison, Texas 75001, Attn: Asset Manager (“Grantor”), in favor of and for the benefit of BEHRINGER HARVARD OPPORTUNITY OP I, LP, a Texas limited partnership (“Lender”), with reference to the following facts:

FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS
Agreement of Purchase and Sale and Joint Escrow Instructions • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (this “Amendment”) is entered into as of the 5th day of January, 2007 (the “Amendment Date”), by and between COLORADO HOTEL HOLDING, LLC, a Delaware limited liability company, CORDILLERA LODGE & SPA, LLC, a Delaware limited liability company, COLORADO HOTEL OPERATOR, INC., a Delaware corporation and CORDILLERA LAND, LLC (collectively, “Seller”) and CORDILLERA PARTNERS, LLC, a Delaware limited liability company (“Purchaser”).

AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS
Assignment and Assumption of Management Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Colorado
AGREEMENT REGARDING ACQUISITION
Agreement Regarding Acquisition • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts

THIS AGREEMENT REGARDING ACQUISITION (this “Agreement”) is executed to be effective as of the 10th day of May 2007, between CORDILLERA PARTNERS, LLC, a Delaware limited liability company (“CP”) and BEHRINGER HARVARD OPPORTUNITY OP I, LP, a Texas limited partnership (“BH Investor”).

REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS
Agreement of Purchase and Sale and Joint Escrow Instructions • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts

THIS REINSTATEMENT AND SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS (this “Amendment”) is entered into as of May 10, 2007 (the “Amendment Date”), by and between COLORADO HOTEL HOLDING, LLC, a Delaware limited liability company, CORDILLERA LODGE & SPA, LLC, a Delaware limited liability company, COLORADO HOTEL OPERATOR, INC., a Delaware corporation and CORDILLERA LAND, LLC, a Delaware limited liability company (jointly and collectively, “Seller”), and BEHRINGER HARVARD CORDILLERA, LLC, a Delaware limited liability company, as assignee of CORDILLERA PARTNERS, LLC, a Delaware limited liability company (“Purchaser”). (Seller and Purchaser, together, referred to as the “Parties” and each, individually, as a “Party”).

HOTEL MANAGEMENT AGREEMENT FOR THE LODGE AND SPA AT CORDILLERA BETWEEN
Management Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Colorado

This Management Agreement (“Agreement”) is entered into as of May 1, 2005 by and between ROCKRESORTS INTERNATIONAL, LLC, a Delaware limited liability company (“Operator”), and COLORADO HOTEL OPERATOR, INC., a Delaware corporation (“Lessee”). Operator and Lessee are referred to collectively herein as the “Parties” and individually as a “Party.”

DEVELOPMENT AGREEMENT (Fractionals) BY AND BETWEEN BEHRINGER HARVARD CORDILLERA, LLC, a Delaware limited liability company (“Owner”) and TP CORDILLERA LLC, a Delaware limited liability company (“Developer”) May 10, 2007
Development Agreement • June 12th, 2007 • Behringer Harvard Opportunity REIT I, Inc. • Real estate investment trusts • Texas

This Development Agreement (“Agreement”) is made to be effective as of the 10th day of May 2007, by and between BEHRINGER HARVARD CORDILLERA, LLC, a Delaware limited liability company (“Owner”), and TP CORDILLERA LLC, a Delaware limited liability company (“Developer”), as follows:

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