OPERATING AGREEMENT OF KC PINEHURST ASSOCIATES, LLCOperating Agreement • April 22nd, 2009 • Paladin Realty Income Properties Inc • Real estate investment trusts • Delaware
The Percentage Interest of the Non-Contributing Member therefore would be reduced by 0.24 percentage points from 2.5% to 2.26%, and the Percentage Interest of the Contributing Member would be increased by a like amount of percentage points from 97.5% to 97.74%.
