0001481832-14-000079 Sample Contracts

FOURTH AMENDED AND RESTATED MANAGEMENT AGREEMENT among Preferred Apartment Communities, Inc., Preferred Apartment Communities Operating Partnership, L.P. and Preferred Apartment Advisors, LLC Effective as of January 1, 2014
Management Agreement • August 11th, 2014 • Preferred Apartment Communities Inc • Real estate investment trusts • Delaware

This FOURTH AMENDED AND RESTATED MANAGEMENT AGREEMENT effective as of January 1, 2014 is entered into as of January 10, 2014, among Preferred Apartment Communities, Inc., a Maryland corporation (“PAC”), Preferred Apartment Communities Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), and Preferred Apartment Advisors, LLC, a Delaware limited liability company (the “Manager”).

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