MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • October 1st, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Arkansas
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (“Agreement”) is entered into as of September 25, 2012 (the “Effective Date”), by and between JOHN B. MONTGOMERY AND MICHAEL MORTON (collectively, whether one or more, “Seller”) and ADCARE PROPERTY HOLDINGS, LLC, an Ohio limited liability company (“Buyer”).
ADDENDUM TO MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • October 1st, 2012 • Adcare Health Systems Inc • Services-skilled nursing care facilities • Arkansas
This ADDENDUM TO MEMBERSHIP INTEREST PURCHASE AGREEMENT (the “Addendum”) is made as of the 26th day of September 2012, among JOHN B. MONTGOMERY (“Montgomery”) AND MICHAEL MORTON (“Morton”) and ADCARE PROPERTY HOLDINGS, LLC, an Ohio limited liability company (“Buyer”) for the purpose of modifying the agreement of Montgomery, Morton, and Buyer with respect to the “Membership Interest Purchase Agreement” executed by Buyer and by Montgomery and Morton as “Seller” on behalf of LJL Properties, LLC as of September 25, 2012 (the “Agreement”). Buyer, Montgomery and Morton are herein referenced collectively, as the “Parties”.
