SECOND AMENDED AND RESTATED AGREEMENT

 

                              SEVENTH AMENDMENT TO
                     SECOND AMENDED AND RESTATED AGREEMENT
                           OF LIMITED PARTNERSHIP OF
                               WEEKS REALTY, L.P.

     THIS SEVENTH AMENDMENT TO SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED
PARTNERSHIP OF WEEKS REALTY, L.P. (the "Fourth Amendment"), dated as of December
30, 1997, and effective as of August 1, 1997, is entered into by Weeks GP
Holdings, Inc., as general partner (the "General Partner") of Weeks Realty, L.P.
(the "Partnership"), for itself and on behalf of the Limited Partners of the
Partnership.

                                    RECITALS
                                    --------

     WHEREAS, on August 1, 1997, Harold S. Lichtin Family Limited Partnership, a
North Carolina limited partnership (the "Family Partnership"), acquired 119,293
Partnership Units from Perimeter Park West Associates Limited Partnership, a
North Carolina limited partnership ("PPW"); 15,380 Partnership Units from
Regency Forest, LLC, a North Carolina limited liability company ("Regency
Forest"); 243,217 Partnership Units from Harold S. Lichtin, an individual
resident of North Carolina; and 1,228 Partnership Units from Noel A. Lichtin, an
individual resident of North Carolina;

     WHEREAS, the Family Partnership agreed pursuant to that certain Agreement
of Substitution dated as of August 1, 1997 to be bound by all of the terms,
conditions and other provisions of the Second Amended and Restated Agreement of
Limited Partnership of the Partnership, as amended (the "Partnership
Agreement");

     WHEREAS, it has come to the attention of the General Partner, Regency
Forest and PPW that due to a scrivener's error, 15,380 Units owned by Regency
Forest and 21,169 Units owned by PPW were inadvertently transferred to the
Family Partnership;

     WHEREAS, the General Partner, Regency Forest and PPW have consistently
operated as if the inadvertent transfers had not taken place for all internal
purposes, including without limitation, any allocations or distributions; and

     WHEREAS, the General Partner, Regency Forest and PPW desire to correct and
amend the foregoing scrivener's error and to attach hereto a true, correct and
complete copy of the Percentage Interests of all of the Partners as of August 1,
1997.

     NOW THEREFORE, in consideration of the premises and for good and valuable
consideration, the General Partner hereby attaches hereto as Exhibit A a
                                                             ---------  
schedule which sets forth the Percentage Interests of all of the Partners as of
August 1, 1997.

     All capitalized terms used herein and not otherwise defined shall have the
meanings assigned to them in the Partnership Agreement.  Except as modified
herein, all covenants, terms and conditions of the Partnership Agreement shall
remain in full force and effect, which covenants, terms and conditions the
General Partner hereby ratifies and affirms.

     IN WITNESS WHEREOF, the undersigned has executed this Seventh Amendment as
of the December ___, 1997, effective as of August 1, 1997.

                                    WEEKS GP HOLDINGS, INC.

 
                                    By:_______________________________
                                          Name:
                                          Title:

                                                                       Exhibit A
                                                                       ---------

                     PARTNERSHIP UNITS/PERCENTAGE INTERESTS
                                  All Partners
Partner Units Percentage Interest - ------- ---------- -------------------- Weeks GP Holdings, Inc. 237,503 1.041% Weeks LP Holdings, Inc. 17,446,123 6.434% NWI Warehouse Group, L.P. 1,833,749 8.034% A. Ray Weeks, Jr. 614,079 2.690% John P. Weeks 239,791 1.051% Marsha L. Weeks 228,047 0.999% Trust U/W/1/ 212,663 0.932% Patricia L. Weeks 206,607 0.905% Deborah Weeks Felker 198,339 0.869% Trust B/2/ 187,492 0.821% Weeks Horizon Corp. 116,012 0.508% Oakdale Land Management, Inc. 110,493 0.484% Weeks Hillside Corp. 78,145 0.342% Thomas D. Senkbeil 52,817 0.231% Weeks Southridge Corp. 42,993 0.188% Forrest W. Robinson 28,877 0.127% Harry T. Weeks 27,535 0.121% Louis C. Robinson 20,016 0.088% Buckley & Company Real Estate, Inc. 20,000 0.088% HV, Inc. 17,074 0.075% Clyde H. Duckett 5,627 0.025% John C. Atwell 5,627 0.025% Robert G. Cutlip 5,138 0.023% Klay W. Simpson 4,110 0.018% Helen B. Weeks 163,048 0.714% Mark W. Flowers 1,541 0.007% - ------------
/1/ A. R. Weeks, Jr., as Trustee U/W of Alvin Ray Weeks dated March 1, 1983, f/b/o Marsha Lee Weeks, A. R. Weeks, Jr., Deborah Weeks Felker, Patricia Louise Weeks and John Phillip Weeks. /2/ Harry T. Weeks, A. R. Weeks, Jr., and Martha Patterson Weeks as Trustees under Trust Agreement dated 10/27/76, as amended, f/b/o Marsha Lee Weeks, A. R. Weeks, Jr., Deborah Weeks Felker, Patricia Louise Weeks and John Phillip Weeks.
Partner Units Percentage Interest - ------- ---------- ------------------- Weeks Management Corp. 1,142 0.005% RTF Management Corp. 257 0.001% Marie Antoinette Robertson 267,132 1.170% Harold S. Lichtin 20,024 0.088% Perimeter Park West Associates Limited Partnership 64,689 0.283% Amy R. Ehrman 2,053 0.009% Roland G. Robertson 2,053 0.009% Roderick Duncan 2,928 0.013% Timothy Nicholls 1,757 0.008% James McCabe 39 0.000% Anne Broaddus 1,561 0.007% Regency Forest LLC 15,380 0.067% Harold S. Lichtin Family Limited Partnership 342,569 1.501% ---------- ------- Total 22,825,030 100.000% ========== =======

Basic Info X:

Name: SECOND AMENDED AND RESTATED AGREEMENT
Type: Second Amended and Restated Agreement
Date: March 31, 1998
Company: WEEKS CORP
State: Georgia

Other info:

Date:

  • December 30 , 1997
  • August 1 , 1997
  • March 1 , 1983

Organization:

  • Weeks GP Holdings , Inc.
  • Limited Partners of the Partnership
  • Perimeter Park West Associates Limited Partnership
  • Second Amended and Restated Agreement of Limited Partnership of the Partnership
  • Weeks LP Holdings , Inc.
  • NWI Warehouse Group
  • Weeks Horizon Corp.
  • Oakdale Land Management , Inc.
  • Weeks Hillside Corp.
  • Buckley & Company Real Estate , Inc.
  • Trustee UW of Alvin Ray Weeks
  • Martha Patterson Weeks
  • Weeks Management Corp.
  • RTF Management Corp.

Location:

  • North Carolina
  • L.P.

Person:

  • Harold S. Lichtin
  • Noel A. Lichtin
  • Ray Weeks
  • W. Robinson
  • C. Robinson
  • H. Duckett
  • C. Atwell
  • W. Simpson
  • Harry T. Weeks
  • Marsha Lee Weeks
  • A. R. Weeks , Jr.
  • Deborah Weeks Felker
  • Patricia Louise Weeks
  • John Phillip Weeks
  • Antoinette Robertson
  • R. Ehrman
  • G. Robertson
  • Duncan
  • Nicholls
  • McCabe
  • Broaddus

Percent:

  • 1.041 %
  • 6.434 %
  • 8.034 %
  • 2.690 %
  • 1.051 %
  • 0.999 %
  • 0.932 %
  • 0.905 %
  • 0.869 %
  • 0.821 %
  • 0.508 %
  • 0.484 %
  • 0.342 %
  • 0.231 %
  • 0.188 %
  • 0.127 %
  • 0.121 %
  • 0.075 %
  • 0.025 %
  • 0.023 %
  • 0.018 %
  • 0.714 %
  • 0.005 %
  • 0.001 %
  • 1.170 %
  • 0.088 %
  • 0.283 %
  • 0.009 %
  • 0.013 %
  • 0.008 %
  • 0.007 %
  • 0.067 %
  • 1.501 %
  • 100.000 %