Section 1. Name

The name of the Partnership shall be [specify name].

Section 2. Principal Place of Business

The principal office and place of business of the Partnership (the "Office") shall be located at [specify address]. The Partnership shall have such other or additional offices as the Partners may, from time to time, determine in accordance with Section 8 of this Agreement.

Section 3. Business and Purpose

3.1. The business and purposes of the Partnership are to acquire, hold, manage, operate, develop, sell and lease real property (the "Property"), or interest therein, including but not limited to that certain parcel of land, and all improvements constructed thereon, described on Exhibit A hereto and incorporated herein by reference, and to engage in any other phase or aspect of the real estate business, and such other businesses and purposes as the Partners may from time to time determine in accordance with Section 8 of this Agreement.

3.2. The Partnership may also do and engage in any and all other things and activities and have all powers incident to the said acquisition, holding, management, operation, development, sale and leasing of the Property, or any part or parts thereof, including, by way of illustration and not by way of limitation, arranging for and delivering contracts of sale, deeds, leases, deeds of trust, ground leases, mortgages, notes and other evidence of indebtedness, security agreements, and other security instruments; entering into agreements for the construction, design and management of improvements; and doing all things reasonably incident to the development, management, leasing and sale of the Property.

Section 4. Term

The Partnership shall commence upon the date of this Agreement, as set forth above. Unless sooner terminated pursuant to the further provisions of this Agreement, the Partnership shall continue until the close of business on [specify], or until renewed.

Section 5. Capital Contribution

5.1. The original capital contributions to the Partnership of each of the Partners shall be made concurrently with their respective execution, acknowledgement, sealing and delivery of this Agreement in the following dollar amounts set forth after their respective names: