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nd (iii) entry into or modification of any arrangement or agreement between the Project LLC and an "Affiliate" of this Company or an "Affiliate" of Mitchell (as such terms are defined in the Operating Agreement). The Manager (as defined in the Operating Agreement) shall have the right to take and perform
FT REAL ESTATE, INC. 6100 Red Hook Quarter Suite B-3 St. Thomas, USVI 00802 September 6, 2011 BY EMAIL AdvanceStar LLC do Mitchell Holdings LLC 815 Fifth Avenue New York, NY 10065 Attn: David Mitchell Re: Assignment of Membership Interest (AdvanceStar LLC) by an
, a New York limited liability company, as the Managing Member of the Company ("Managing Member"), Ryder Madison LLC ("Ryder"), David J. Mitchell ("Mitchell"), Kerry Wellington ("Wellington") and those other persons or entities executing this Agreement as of the date hereof as "Class A Members," and any
0 EFTA00306106 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. Managing Member: AdvanceStar LLC By: David J. Mitchell, Manager Class A Members: a fr David J. Mitchell Ker&tilgton111111411 -1 and others as set forth in Signature Addenda here
+ Interests: Madison LLC Class B interest David Mitchell — 21.14% Individual Ryder Madison LLC — 14.29%
C — 12.86% 70.0% 30.0% No individual owns more than 10% of Lofts 21 LLC through the Ryder Madison, Baiit K, or New Valley 1 Class A interests AdvanceStar LLC Ryder Madison LLC Individual and Entity Investors (DE — Managing Member) (NY — Class B Member) (NY — Class A Members) 0% 0% 100% Lofts 21 LLC
nd (iii) entry into or modification of any arrangement or agreement between the Project LLC and an "Affiliate" of this Company or an "Affiliate" of Mitchell (as such terms are defined in the Operating Agreement). The Manager (as defined in the Operating Agreement) shall have the right to take and perform
FT REAL ESTATE, INC. 6100 Red Hook Quarter Suite B-3 St. Thomas, USVI 00802 September 6, 2011 BY EMAIL AdvanceStar LLC do Mitchell Holdings LLC 815 Fifth Avenue New York, NY 10065 Attn: David Mitchell Re: Assignment of Membership Interest (AdvanceStar LLC) by an
Entities connected to both George Mitchell and AdvanceStar LLC
Darren Indyke
PERSON
David J. Mitchell
PERSON
John Kerry
PERSON
Wellington
LOCATIONAdvanceStar
PERSONRyder
ORGANIZATIONthe Project LLC
ORGANIZATIONRyder Madison LLC
ORGANIZATION