Exhibit 10(g)
FOURTH AMENDMENT TO MANAGEMENT AGREEMENT
April 3, 1995
WHEREAS, as of May 13, 1981, a Management Agreement was
entered into by LNH REIT, Inc. (formerly L&N Housing Corp)
("LNH"), L&N Housing Managers, Inc. and LOMAS FINANCIAL
CORPORATION (formerly Lomas & Nettleton Financial
Corporation) ("Lomas") which was amended on October 17,
1988, February 12, 1992 and July 1, 1994 (the "Management
Agreement"); and
WHEREAS, Pursuant to the amendment of February 12,
1992, L&N Housing Managers, Inc. assigned all of its rights
and duties under the Management Agreement to LNH REIT
Managers; and
WHEREAS, the parties to the Management Agreement desire
to amend further the Management Agreement to provide for the
assignment by LNH REIT Managers to EGP Managers, Inc. ("EGP
Managers") of all of LNH REIT Managers duties;
NOW, THEREFORE, LNH REIT, Inc., EGP Managers, Inc. and
LNH REIT Managers agree as follows (all references to
Sections are references to Sections of the Management
Agreement and terms not otherwise defined herein shall have
the respective meanings set forth in the Management
Agreement):
1. LNH REIT Managers hereby assigns to EGP Managers
all of its rights and obligations under the
Management Agreement.
2. EGP Managers hereby agrees to perform LNH REIT
Managers' obligations under the Management
Agreement and to be bound to the terms
thereof in all respects as if EGP Managers
were a party to the Management Agreement in
lieu of LNH REIT Managers. From and after
the date of execution of this Amendment No. 4
to the Management Agreement ("Amendment
No.4"), any reference in the Management
Agreement to Manager shall mean EGP Managers.
3. The assignment of the rights and obligations of
LNH REIT Managers to EGP Managers pursuant to
this Amendment No. 4 shall not be deemed a
termination of the Management Agreement for
any purpose.
4. Any notice, report or other communication required
or permitted to be given to EGP Managers
hereunder shall be in writing unless some
other method of giving such notice, report or
communication is accepted by the party to
whom it is given, and shall be given by being
delivered or mailed (first class mail,
postage prepaid) to:
EGP Managers, Inc.
300 One Jackson Place 188 East Capitol Street
Jackson, MS 39201 Attention: N. Keith McKey
IN WITNESS WHEREOF, The parties hereto have caused this
Amendment No. 4 to be executed by their officers thereunto
duly authorized as of the day and year first above written.
LNH REIT, Inc.
By: \s\ N. Keith McKey
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Name: N. Keith McKey
Title: CFO
By: \s\ David H. Hoster
Name: David H. Hoster
Title: Exec. V.P.
LNH REIT MANAGERS
By: EGP MANAGERS, Inc.
By: \s\ N. Keith McKey
Name: N. Keith McKey
Title: CFO
By: WALKER MANAGERS, L.P.,
General Partner
By: BILLCO Inc., General Partner of
Walker Managers, L.P.
By: \s\ James H. Daughdrill, III
Name: James H. Daughdrill, III
Title: President
EGP MANAGERS, Inc.
By: \s\ N. Keith McKey
Name: N. Keith McKey
Title: CFO