LOAN AGREEMENT (Acquisition Loan and Revolving Construction Line of Credit)Loan Agreement • November 14th, 2016 • Comstock Holding Companies, Inc. • Operative builders • Virginia
THIS LOAN AGREEMENT made effective as of the 30th day of September, 2016 by and between COMSTOCK POWHATAN, L.C., a Virginia limited liability company (“Borrower”) and CARDINAL BANK, a Virginia state chartered bank (“Lender”).
FORM OF WARRANT COMSTOCK HOLDING COMPANIES, INC. WARRANTS FOR THE PURCHASE OF SHARES OF COMMON STOCKComstock Holding Companies, Inc. • November 14th, 2016 • Operative builders • Delaware
THIS CERTIFIES that, for value received, Comstock Holding Companies, Inc., a Delaware corporation (the “Company”), upon the surrender of this Warrant to the Company at the address specified herein, at any time during the Exercise Period (as defined below) will upon receipt of the Exercise Price (as defined below), sell and deliver to Comstock Development Services, LC (the “Holder”), up to the number of duly authorized, validly issued and fully paid and nonassessable shares of Class A common stock of the Company, par value $0.01 per share (the “Common Stock”), set forth above, as appropriately adjusted pursuant to Section G. The term “Common Stock” shall mean the aforementioned common stock of the Company together with any other equity securities that may be issued by the Company in connection therewith or in substitution therefor, as provided herein, that is not limited as to final sum or percentage in respect of the rights of the holders thereof to participate in dividends or in distr
LAND PURCHASE AGREEMENTLand Purchase Agreement • November 14th, 2016 • Comstock Holding Companies, Inc. • Operative builders • District of Columbia
THIS LAND PURCHASE AGREEMENT (“Agreement”) is made this day of , 2013, by and between Thos. Somerville Co., a Delaware corporation (the “Seller”), and Comstock Sixth Street, L.C., a Virginia limited liability company (“Purchaser”).
LOAN AGREEMENT (Acquisition and Development Loan and Revolving Construction Line of Credit)Loan Agreement • November 14th, 2016 • Comstock Holding Companies, Inc. • Operative builders • Virginia
THIS LOAN AGREEMENT is made effective as of the 15th day of September, 2016 by and between DRESDEN, LLC, a Maryland limited liability company (“Dresden”) and COMSTOCK EMERALD FARM, L.C., a Virginia limited liability company (“Emerald Farm”) (individually, collectively, jointly and severally, the “Borrower”) and CARDINAL BANK, a Virginia state chartered bank (“Lender”).
SUBSCRIPTION AGREEMENTOperating Agreement • November 14th, 2016 • Comstock Holding Companies, Inc. • Operative builders • Virginia
The undersigned subscriber (“Subscriber”) acknowledges that he/she/it has received and reviewed the Risk Disclosures and operating agreement of Comstock Investors X, L.C., a Virginia limited liability company (the “Company”), including the exhibits thereto (the “Company Operating Agreement”), relating to the offering of Company membership interest(s) (the “Interests”) and has reviewed it in conjunction with the risk disclosures for the manager of the Company, Comstock Holding Companies, Inc. (“Comstock” or “Manager”) as contained in the latest Annual Report filed on Form 10-K as can be found online at www.sec.gov or at its investors relations homepage found at www.comstockhomes.com. Subscriber also understands that certain portions of the offering materials contain forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to, those identified by such words as may, will, expect, project, anticipate, estimate, believe, int
