Limited Partnership Agreement Sample Contracts

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AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF STARWOOD REIT OPERATING PARTNERSHIP, L.P. A DELAWARE LIMITED PARTNERSHIP DECEMBER 18, 2023
Limited Partnership Agreement • December 18th, 2023 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Delaware

This Amended and Restated Limited Partnership Agreement (this “Agreement”) is entered into as of December 18, 2023, between Starwood Real Estate Income Trust, Inc. a Maryland corporation, as general partner (the “General Partner”) and as a Limited Partner, Starwood REIT Special Limited Partner L.L.C., a Delaware limited liability company (the “Special Limited Partner”) and the Limited Partners party hereto from time to time.

Fifth Amended and Restated Limited Partnership Agreement of Ceres Orion L.P.
Limited Partnership Agreement • March 30th, 2020 • Ceres Orion L.P. • Commodity contracts brokers & dealers • New York

This Fifth Amended and Restated Limited Partnership Agreement (this “Agreement”), dated March 26, 2019 and effective March 31, 2019, is by and among Ceres Managed Futures LLC (the “General Partner”) and those other parties who shall execute this Agreement, whether in counterpart or by attorney-in-fact, as limited partners (the “Limited Partners,” together with the General Partner, the “Partners” and each, a “Partner”). This Agreement amends and restates the Fourth Amended and Restated Limited Partnership Agreement dated as of August 21, 2012 (the “Fourth Amended and Restated Limited Partnership Agreement”), by and among the General Partner and the other limited partners party thereto.

FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF BLACKSTONE HOLDINGS AI L.P. Dated as of May 7, 2021
Limited Partnership Agreement • May 7th, 2021 • Blackstone Group Inc • Investment advice • Delaware

This FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT (this “Agreement”) of Blackstone Holdings AI L.P. (the “Partnership”) is made as of the 7th day of May, 2021, by and among Blackstone Holdings I/II GP L.L.C., a limited liability company formed under the laws of the State of Delaware, as general partner, and the Limited Partners (as defined herein) of the Partnership.

NINTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • November 25th, 2020 • Ceres Classic L.P. • Commodity contracts brokers & dealers • Delaware

This Ninth Amended and Restated Agreement of Limited Partnership (the Agreement”), made as of November 23, 2020 (this “Agreement”), amends and restates the limited partnership agreement made as of July 15, 1998, which was previously amended and restated as of March 26, 2002, April 28, 2004, April 25, 2005, April 2, 2007, September 16, 2010, November 30, 2012, January 1, 2016 and December 1, 2017, by and among Ceres Managed Futures LLC, a Delaware limited liability company (the “General Partner”), and the other parties who shall execute this Agreement, whether in counterpart, by separate instrument, or otherwise, as limited partners (collectively “Limited Partners”; the General Partner and Limited Partners may be collectively referred to herein as “Partners”).

HIGHLY CONFIDENTIAL & TRADE SECRET BLACKSTONE CLARUS GP L.P. SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT DATED AS OF NOVEMBER 3, 2023 EFFECTIVE AS OF NOVEMBER 30, 2018
Limited Partnership Agreement • November 3rd, 2023 • Blackstone Inc. • Investment advice • Delaware

SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of BLACKSTONE CLARUS GP L.P., a Delaware limited partnership (the “Partnership”), dated as of November 3, 2023, and effective as of November 30, 2018, by and among Blackstone Clarus GP L.L.C., a Delaware limited liability company, as general partner of the Partnership (in its capacity as general partner of the Partnership) and the parties listed in the books and records of the Partnership as limited partners of the Partnership.

LIMITED PARTNERSHIP AGREEMENT OF RODIN INCOME TRUST OPERATING PARTNERSHIP, L.P. A DELAWARE LIMITED PARTNERSHIP may 2, 2018
Limited Partnership Agreement • June 14th, 2018 • Rodin Income Trust, Inc. • Real estate investment trusts • Delaware

This Limited Partnership Agreement (this “Agreement”) is entered into this May 2, 2018 between Rodin Income Trust, Inc., a Maryland corporation (the “General Partner”), and the Limited Partners set forth on Exhibit A attached hereto, as amended from time to time. Capitalized terms used herein but not otherwise defined shall have the meanings given to such terms in Article 1.

FORM OF LIMITED PARTNERSHIP AGREEMENT PDC 2002-B LIMITED PARTNERSHIP, A WEST VIRGINIA LIMITED PARTNERSHIP
Limited Partnership Agreement • January 14th, 2011 • PDC 2002 B LTD Partnership • Oil & gas field exploration services

This LIMITED PARTNERSHIP AGREEMENT (the "Agreement") is made as of this 9th day of September, 2002 by and among Petroleum Development Corporation, a Nevada corporation, as managing general partner (the "Managing General Partner"), Steven R. Williams, a resident of West Virginia, as the Initial Limited Partner, and the Persons whose names are set forth on Exhibit A attached hereto, as additional general partners (the "Additional General Partners") or as limited partners (the "Limited Partners" and, collectively with Additional General Partners, the "Investor Partners"), pursuant to the provisions of the West Virginia Uniform Limited Partnership Act (the "Act''), on the following terms and conditions:

FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of RANKIN ASSOCIATES II, L.P. THE INTERESTS OF THIS PARTNERSHIP HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED OR...
Limited Partnership Agreement • June 6th, 2022 • Rankin Alfred M Et Al • Electric housewares & fans • Delaware

THIS FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT is made and entered into as of the 8th day of December, 2021 by and among the Persons indicated as General Partners on Schedule A, as amended from time to time, as General Partners, and the Persons indicated as Limited Partners on Schedule A, as amended from time to time, as Limited Partners, and it amends and completely restates the original Partnership Agreement of the Partnership dated as of February 6, 1998, the Amendments thereto dated December 26, 2001 and December 17, 2002, and the Addenda thereto dated October 28, 2016 and December 12, 2017.

SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of RANKIN ASSOCIATES IV, L.P. THE INTERESTS OF THIS PARTNERSHIP HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED OR...
Limited Partnership Agreement • June 6th, 2022 • Rankin Alfred M Et Al • Electric housewares & fans • Delaware

THIS SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT is made and entered into as of the 8th day of December, 2021 by and among the Persons indicated as General Partners on Schedule A, as amended from time to time, as General Partners, and the Persons indicated as Limited Partners on Schedule A, as amended from time to time, as Limited Partners, and it amends and completely restates the First Amended and Restated Partnership Agreement of the Partnership dated as of February 7, 2005, the Amendment thereto dated March 22, 2006, and the Addenda thereto dated October 28, 2016 and December 12, 2017.

THIRD AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of RANKIN ASSOCIATES I, L.P. THE INTERESTS OF THIS PARTNERSHIP HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED OR...
Limited Partnership Agreement • June 6th, 2022 • Rankin Alfred M Et Al • Electric housewares & fans • Delaware

THIS THIRD AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT is made and entered into as of the 8th day of December, 2021 by and among the Persons indicated as General Partners on Schedule A, as amended from time to time, as General Partners, and the Persons indicated as Limited Partners on Schedule A, as amended from time to time, as Limited Partners, and it amends and completely restates the Second Amended and Restated Partnership Agreement of the Partnership dated as of March 22, 2002 and the Addenda thereto dated October 28, 2016 and December 12, 2017.

LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • August 3rd, 2021 • Ontario

Schedule 5 – Pre-Acceleration Revenue Priority of Payments Schedule 6 – Pre-Acceleration Principal Priority of Payments Schedule 7 – Guarantee Priority of Payments

FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of RANKIN ASSOCIATES V, L.P. THE INTERESTS OF THIS PARTNERSHIP HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED OR...
Limited Partnership Agreement • February 14th, 2022 • Rankin Alfred M Et Al • Industrial trucks, tractors, trailors & stackers • Delaware

THIS FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT is made and entered into as of the 8th day of December, 2021 by and among the Persons indicated as General Partners on Schedule A, as amended from time to time, as General Partners, and the Persons indicated as Limited Partners on Schedule A, as amended from time to time, as Limited Partners, and it amends and completely restates the original Partnership Agreement of the Partnership dated as of November 4, 2016 and the Addendum thereto dated November 4, 2016.

LIMITED PARTNERSHIP AGREEMENT OF NEXPOINT DIVERSIFIED REAL ESTATE TRUST OPERATING PARTNERSHIP, L.P. a Delaware limited partnership
Limited Partnership Agreement • July 1st, 2022 • Nexpoint Diversified Real Estate Trust • Delaware

THIS LIMITED PARTNERSHIP AGREEMENT OF NEXPOINT DIVERSIFIED REAL ESTATE TRUST OPERATING PARTNERSHIP, L.P. (as now or hereafter amended, restated, modified, supplemented, or replaced, this “Agreement”), dated as of July 1, 2022, is entered into by and among NexPoint Diversified Real Estate Trust OP GP, LLC, a Delaware limited liability company (the “General Partner”), the Persons (as defined below) who are admitted from time to time as limited partners in accordance with this Agreement and who have not subsequently withdrawn (the “Limited Partners”), such Persons being identified on the books and records of the Partnership.

FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF ARES HOLDINGS L.P. Dated as of April 1, 2021
Limited Partnership Agreement • May 6th, 2021 • Ares Management Corp • Investment advice • Delaware

THE PARTNERSHIP UNITS OF ARES HOLDINGS L.P. HAVE NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, THE SECURITIES LAWS OF ANY STATE, PROVINCE OR ANY OTHER APPLICABLE SECURITIES LAWS AND ARE BEING SOLD IN RELIANCE UPON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND SUCH LAWS. SUCH UNITS MUST BE ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE OFFERED FOR SALE, PLEDGED, HYPOTHECATED, SOLD, ASSIGNED OR TRANSFERRED AT ANY TIME EXCEPT IN COMPLIANCE WITH (I) THE SECURITIES ACT, ANY APPLICABLE SECURITIES LAWS OF ANY STATE OR PROVINCE, AND ANY OTHER APPLICABLE SECURITIES LAWS; (II) THE TERMS AND CONDITIONS OF THIS FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT; AND (III) ANY OTHER TERMS AND CONDITIONS AGREED TO IN WRITING BETWEEN THE GENERAL PARTNER AND THE APPLICABLE LIMITED PARTNER. THE UNITS MAY NOT BE TRANSFERRED OF RECORD EXCEPT IN COMPLIANCE WITH SUCH LAWS, THIS FOURTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT, AND ANY OTHER TERMS AND COND

THIRD amended and restated LIMITED PARTNERSHIP AGREEMENT OF INDUSTRIAL property OPERATING PARTNERSHIP LP A DELAWARE LIMITED PARTNERSHIP 3rd day of February, 2020
Limited Partnership Agreement • February 4th, 2020 • Industrial Property Trust • Real estate investment trusts • Delaware

This Third Amended and Restated Limited Partnership Agreement (this “Agreement”) is entered into this 3rd day of February, 2020 between Industrial Property Trust, a Maryland real estate investment trust (the “General Partner”) and the Limited Partners set forth on Exhibit A attached hereto. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.

LIMITED PARTNERSHIP AGREEMENT OF 2013 Bayou City Mississippian Development Program, L.P.
Limited Partnership Agreement • November 13th, 2013 • Bayou City Exploration, Inc. • Crude petroleum & natural gas • Kentucky

This Limited Partnership Agreement (this “Agreement”) is entered into and effective as of the 19th day of September 2013, by and between (i) Bayou City Exploration, Inc., a Nevada corporation, as the Managing General Partner and (ii) the Persons whose names are set forth on Exhibit A attached hereto, as Additional General Partners or as Limited Partners.

ADDENDUM TO THE AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF RANKIN ASSOCIATES IV, L.P.
Limited Partnership Agreement • February 14th, 2018 • Rankin Alfred M Et Al • Electric housewares & fans

This Addendum (this “Addendum”), dated as of December 12, 2017, to Amended and Restated Limited Partnership Agreement of Rankin Associates IV, L.P., dated as of February 7, 2005, as amended as of March 22, 2006, with prior addendum thereto dated as of October 28, 2016 (the “Agreement”), is made by and among the Partners of Rankin Associates IV, L.P., a Delaware limited partnership (the “Partnership”).

LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • April 18th, 2023 • Delaware
twelfth AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF AREIT Operating Partnership LP A DELAWARE LIMITED PARTNERSHIP JUNE 3, 2023
Limited Partnership Agreement • August 11th, 2023 • Ares Real Estate Income Trust Inc. • Real estate investment trusts • Delaware

This Twelfth Amended and Restated Limited Partnership Agreement (this “Agreement”) is entered into as of June 3, 2023, between Ares Real Estate Income Trust Inc., a Maryland corporation (f/k/a Black Creek Diversified Property Fund Inc.) (the “General Partner”) and the Limited Partners set forth on Exhibit A attached hereto.

ADDENDUM TO THE SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF RANKIN ASSOCIATES I, L.P.
Limited Partnership Agreement • February 14th, 2018 • Rankin Alfred M Et Al • Industrial trucks, tractors, trailors & stackers

This Addendum (this “Addendum”), dated as of December 12, 2017, to Second Amended and Restated Limited Partnership Agreement of Rankin Associates I, L.P., dated as of March 27, 2002, with prior addendum thereto dated as of October 28, 2016 (the “Agreement”), is made by and among the Partners of Rankin Associates I, L.P., a Delaware limited partnership (the “Partnership”).

AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF KIMBALL HILL HOMES HOUSTON, L.P.
Limited Partnership Agreement • December 21st, 2006 • Kimball Hill, Inc. • Operative builders • Texas

Kimball Hill Homes Houston Operations, L.L.C. (“KHH Houston Operations”), a Texas limited liability company, as general partner, and Kimball Hill Homes Houston Investments, L.L.C. (“KHH Houston Investments”), an Illinois limited liability company, as limited partner, entered into the certain Limited Partnership Agreement effective May 31, 2002, which thereafter was amended by the certain First Amendment dated as of July 15, 2002, the certain Second Amendment dated as of March 17, 2003, the certain Third Amendment dated as of January 27, 2004, the certain Fourth Amendment dated as of May 20, 2004, and the certain Fifth Amendment dated as of December 13, 2005.

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THIRD AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF GLOBAL INCOME, LP RECITALS
Limited Partnership Agreement • September 7th, 2011 • Global Income Trust, Inc. • Real estate investment trusts • Delaware

This Third Amended and Restated Limited Partnership Agreement (this “Agreement”) is executed as of the 11th day of August, 2011, between Global Income GP, LLC, a Delaware limited liability company (the “General Partner”) and the Limited Partners (as defined below) set forth on Exhibit A attached hereto. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.

WITNESSETH:
Limited Partnership Agreement • August 11th, 2005 • Sanford Recycling & Transfer, Inc. • Refuse systems

WHEREAS, the parties hereto have formed a limited partnership (the "Partnership") pursuant to the Florida Uniform Limited Partnerships Act, Title XXXVI, Chapter 620 of Florida Statutes; and

EIGHTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • December 11th, 2017 • Morgan Stanley Smith Barney Spectrum Select Lp • Real estate investment trusts • Delaware

This Eighth Amended and Restated Agreement of Limited Partnership, made as of December 8, 2017 (this “Agreement”), amends and restates the limited partnership agreement, made as of March 21, 1991, which was previously amended and restated as of August 31, 1993, October 17, 1996, May 31, 1998, February 28, 2000, April 25, 2005, April 2, 2007, and January 1, 2016, by and among Ceres Managed Futures LLC, a Delaware limited liability company (the “General Partner”), and the other parties who shall execute this Agreement, whether in counterpart, by separate instrument, or otherwise, as limited partners (collectively, “Limited Partners”; the General Partner and Limited Partners may be collectively referred to herein as “Partners”). The definitions of capitalized terms used in this Agreement and not defined where used may be found by reference to the index of defined terms in Section 16.

SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF APOLLO PRINCIPAL HOLDINGS V, L.P. Dated as of April 14, 2010
Limited Partnership Agreement • October 7th, 2010 • Apollo Global Management LLC • Investment advice • Delaware

This SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT (this “Agreement”) of Apollo Principal Holdings V, L.P. (the “Partnership”) is made as of April 14, 2010, by and among Apollo Principal Holdings V GP, LLC, a limited liability company formed under the laws of the State of Delaware, as general partner, and the Limited Partners (as defined herein) of the Partnership.

FIRST AMENDMENT TO LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • January 5th, 2012 • Colorado 2001D Limited Partnership • Drilling oil & gas wells • West Virginia

This FIRST AMENDMENT (this “Amendment”) to the Limited Partnership Agreement (the “Agreement”) of PDC 2001-D Limited Partnership, a West Virginia limited partnership (the “Partnership”), is hereby adopted, effective as of the 29th day of December, 2011, by Petroleum Development Corporation (dba PDC Energy), a Nevada corporation (the “Managing General Partner”), as the managing general partner of the limited partnership. Capitalized terms used but not defined in this Amendment shall have the respective meanings given to such terms in the Agreement. Each reference to “hereby,” “hereof,” “hereunder” and “this Agreement” in the Agreement shall, from and after the effective date of this Amendment, refer to the Agreement as amended by the Amendment.

FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of AMR ASSOCIATES, L.P.
Limited Partnership Agreement • February 14th, 2022 • Rankin Alfred M Et Al • Industrial trucks, tractors, trailors & stackers • Delaware

THIS FIRST AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT is made and entered into as of the 8th day of December, 2021 by and among the Persons indicated as General Partners on Schedule A, as amended from time to time, as General Partners, and the Persons indicated as Limited Partners on Schedule A, as amended from time to time, as Limited Partners, and it amends and completely restates the original Partnership Agreement of the Partnership dated as of October 28, 2016, and the Addendum thereto dated as of October 28, 2016, as amended as of January 4, 2021.

LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • October 22nd, 2021 • NB Crossroads Private Markets Fund VII LP • Delaware

This LIMITED PARTNERSHIP AGREEMENT (this “Agreement”) of NB Crossroads Private Markets Fund VII LP, a Delaware limited partnership (the “Fund”), is made as of the 11th day of March, 2021, by and among NB Crossroads PMF VII GP LLC, as the General Partner and James Bowden, as the Organizational Limited Partner, and each Person hereinafter admitted as a Limited Partner, and has been executed for the purpose of providing for the operation of the Fund pursuant to the provisions of the Delaware Revised Uniform Limited Partnership Act.

BRIDLE RIDGE LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • April 13th, 2006 • National Credit & Guaranty CORP • California

This Bridle Ridge Limited Partnership Agreement (the “Agreement”) made and entered into by and between Kimball Hill Homes California, Inc., a California corporation (the “General Partner”) and David K. Hill (the “Limited Partner”) dated effective as of November 3, 2003. The General Partner and the Limited Partner are collectively sometimes hereinafter referred to as the “Partners”.

LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • October 28th, 2022 • California

This Agreement of Limited Partnership is made effective as of , by and between (hereinafter referred to as "General Partner"), and ,

ADDENDUM TO THE LIMITED PARTNERSHIP AGREEMENT OF RANKIN ASSOCIATES II, L.P.
Limited Partnership Agreement • February 14th, 2018 • Rankin Alfred M Et Al • Industrial trucks, tractors, trailors & stackers

This Addendum (this “Addendum”), dated as of December 12, 2017, to Limited Partnership Agreement of Rankin Associates II, L.P., dated as of February 6, 1998, as amended as of December 26, 2001 and December 17, 2002, with prior addendum thereto dated as of October 28, 2016 (the “Agreement”), is made by and among the Partners of Rankin Associates II, L.P., a Delaware limited partnership (the “Partnership”).

LIMITED PARTNERSHIP AGREEMENT OF TNP STRATEGIC RETAIL OPERATING PARTNERSHIP, LP A DELAWARE LIMITED PARTNERSHIP December 31, 2008
Limited Partnership Agreement • May 11th, 2009 • TNP Strategic Retail Trust, Inc. • Real estate investment trusts • Delaware

This Limited Partnership Agreement (this “Agreement”) is entered into this 31st day of December, 2008, by and between TNP Strategic Retail Trust, Inc., a Maryland corporation (the “General Partner”), and the Limited Partners set forth on Exhibit A attached hereto. Capitalized terms used herein but not otherwise defined shall have the meanings given them in Article 1.

SEVENTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT of TPG OPERATING GROUP II, L.P. Dated as of November 1, 2023
Limited Partnership Agreement • February 23rd, 2024 • TPG Inc. • Investment advice • Delaware

THIS SEVENTH AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT (as amended from time to time, this “Agreement”) of TPG OPERATING GROUP II, L.P., a Delaware limited partnership (the “Partnership”), dated as of November 1, 2023 (the “Effective Date”), is entered into by and among the Partnership, TPG Holdings II-A, LLC, a Delaware limited liability company, as the sole general partner, and the limited partners of the Partnership set forth on Schedule A hereto.

THIRD AMENDMENT TO BRIDLE RIDGE LIMITED PARTNERSHIP AGREEMENT
Limited Partnership Agreement • December 21st, 2006 • Kimball Hill, Inc. • Operative builders

This THIRD AMENDMENT TO BRIDLE RIDGE LIMITED PARTNERSHIP AGREEMENT is made as of July 1, 2006, between KIMBALL HILL, INC. (“KHI”), an Illinois corporation, and KIMBALL HILL HOMES CALIFORNIA, INC. (“KHH California”), a California corporation.

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