EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • February 9th, 2007 • Meruelo Richard • Real estate • California
This Executive Employment Agreement (“Agreement”) is made effective as of , 2007 (“Effective Date”), by and among Meruelo Maddux Properties, Inc., a Delaware corporation (“Company”), Meruelo Maddux Properties, L.P. (“Partnership”) and Richard Meruelo (“Executive”) to reaffirm and amend the terms and conditions of employment.
CONTRIBUTION AGREEMENT BY AND AMONG RICHARD MERUELO, AS TRUSTEE OF THE RICHARD MERUELO LIVING TRUST U/D/T DATED SEPTEMBER 15, 1989 MERCO GROUP – ROOSEVELT BUILDING, LLC SUNSTONE BELLA VISTA, LLC MERUELO MADDUX PROPERTIES, L.P. AND MERUELO MADDUX...Contribution Agreement • February 9th, 2007 • Meruelo Richard • Real estate • California
This Contribution and Assumption Agreement is in respect of the real property described in Attachment 1 attached hereto.
ASSIGNMENT OF INTERESTSAssignment of Interests • February 9th, 2007 • Meruelo Richard • Real estate • California
THIS ASSIGNMENT OF INTERESTS (this “Assignment”), made this 30th day of January, 2007, by MERCO GROUP — ROOSEVELT BUILDING, LLC, a California limited liability company (“Assignor”) to KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), as administrative agent for itself and the other lenders (the “Lenders”) from time to time party to the “Loan Agreement” (as hereinafter defined) (KeyBank, in its capacity as administrative agent, hereinafter referred to as “Agent”).
LOAN AGREEMENT Dated as of January 30, 2007 among RICHARD MERUELO AS TRUSTEE OF THE RICHARD MERUELO LIVING TRUST U/D/T DATED SEPTEMBER 15, 1989 AND MERCO GROUP-ROOSEVELT BUILDING, LLC, as Borrowers, KEYBANK NATIONAL ASSOCIATION, as a Bank, THE OTHER...Loan Agreement • February 9th, 2007 • Meruelo Richard • Real estate
This LOAN AGREEMENT is made as of the 30th day of January, 2007, by and among RICHARD MERUELO AS TRUSTEE OF THE RICHARD MERUELO LIVING TRUST U/D/T DATED SEPTEMBER 15, 1989, a trust established under the laws of the State of California (the “Trust”), MERCO GROUP-ROOSEVELT BUILDING, LLC, a California limited liability company (“Merco”; Merco and Trust are hereinafter referred to individually as a “Borrower” and collectively as “Borrowers”), KEYBANK NATIONAL ASSOCIATION, and the other lending institutions which may become parties hereto pursuant to §18 (the “Banks”), and KEYBANK NATIONAL ASSOCIATION, a national banking association, as Administrative Agent for the Banks (the “Agent”).
NOTEMeruelo Richard • February 9th, 2007 • Real estate • California
FOR VALUE RECEIVED, the undersigned RICHARD MERUELO AS TRUSTEE OF THE RICHARD MERUELO LIVING TRUST U/D/T DATED SEPTEMBER 15, 1989 and MERCO GROUP-ROOSEVELT BUILDING, LLC, a California limited liability company, jointly and severally hereby promise to pay to KEYBANK NATIONAL ASSOCIATION or order, in accordance with the terms of that certain Loan Agreement dated as of January 30, 2007 (the “Loan Agreement”), as from time to time in effect, among the undersigned, KeyBank National Association, for itself and as Agent, and such other Banks as may be from time to time named therein, to the extent not sooner paid, on or before the Maturity Date, the principal sum of Thirty-Three Million and No/100 Dollars ($33,000,000.00), or such amount as may be advanced by the payee hereof under the Loan Agreement with daily interest from the date hereof, computed as provided in the Loan Agreement, on the principal amount hereof from time to time unpaid, at a rate per annum on each portion of the principal
