Document:

First Amendment to Purchase and Sale Agreement

  
 Exhibit 10.4 

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT 

THIS AMENDMENT (this “Amendment”) is made and entered into this 17th day of August, 2010, by and between WELLS VAF – 3000 PARK
LANE, LLC, a Delaware limited liability company (“Seller”) and MATTESON REAL ESTATE EQUITIES, INC., a California corporation (“Purchaser”), with respect to that certain Purchase and Sale Agreement dated July 20,
2010 (the “Purchase Agreement”) for 3000 Park Lane, Pittsburgh, North Fayette Township, Pennsylvania (the “Property”). 
 RECITALS 
  

	 	A.	 Seller and Purchaser entered into the Purchase Agreement on July 20, 2010, and Purchaser commenced the Inspection Period as defined in Article
1 of the Purchase Agreement. 

  

	 	B.	 Seller and Purchaser desire to amend the Purchase Agreement pursuant to the terms hereof. 

 

	 	C.	 Unless otherwise defined herein, all capitalized terms shall have the meanings and definitions established in the Purchase Agreement.

 Based upon the above recitals and in consideration of the premises, mutual covenants and agreements
hereinafter set forth, and for other good and valuable consideration, the parties hereto hereby covenant and agree as follows: 
  

	 	1.	 The Inspection Period in Article 1 shall be redefined to mean the period expiring at 5:00 p.m. local Atlanta, Georgia time on August 20, 2010.

  

	 	2.	 Section 3.1(a) of the Purchase Agreement is amended to provide that if Purchaser, in its sole discretion (and for any and no reason) determines
that it wishes to proceed with the purchase and sale of the Property, Purchaser shall deliver written notice to Seller and the Escrow Agent on or before 5:00 p.m. Atlanta, Georgia time on the last day of the Inspection Period, which is changed to
August 20, 2010 as provided herein, of its election to proceed under the terms of the Purchase Agreement (the “Notice of Election to Proceed”). 

 

	 	3.	 For purposes of the Purchase Agreement and this Amendment, Purchaser’s Notice of Election to Proceed may be made by email or facsimile
transmission to Mr. Parker Hudson, with a copy to Mr. John T. Grieb at McGuire Woods LLP. 

  

	 	4.	 Section 3.1(a) of the Purchase Agreement is further amended to provide that in the event that the Purchaser elects to proceed with the purchase of
the Property, Purchaser shall initiate a wire transmission of the Additional Earnest Money to the Escrow Agent on or before August 20, 2010 and use all 

  
 1 

	 	 
reasonable efforts to enable the Additional Earnest Money to be deposited with the Escrow Agent on or before the close of business in Atlanta Georgia on August 20, 2010; provided, that the
receipt by the Escrow Agent of the Additional Earnest Money does not constitute the Notice of Election to Proceed and such funds remain refundable to Purchaser until Purchaser has delivered the Notice of Election to Proceed to Seller as provided for
in this Amendment, and further provided that if Purchaser has initiated the wire transmission to the Escrow Agent and has received a wire confirmation number from Purchaser’s bank on August 20, 2010, the failure of the wire to reach the
Escrow Agent before close of business in Atlanta Georgia on August 20, 2010 or the failure of the Escrow Agent to timely confirm receipt of the funds on behalf of Seller on that date shall not provide a basis for termination of the Purchase
Agreement by Seller. 

  

	 	5.	 All other terms and conditions of the Purchase Agreement are unmodified and remain in full force and effect. 

 

			
	SELLER:
	
	WELLS VAF – 3000 PARK LANE, LLC
	a Delaware limited liability company
		
	By:	 	Wells Mid-Horizon Value-Added Fund I, LLC,
		 	a Georgia limited liability company, its sole member
		
	By:	 	Wells Investment Management Company, LLC
		 	a Georgia limited liability company, its manager
		
	By:	 	 /s/ Kevin A. Hoover

		
	Name:	 	Kevin A. Hoover
		
	Title:	 	President
	
	PURCHASER
	
	MATTESON REAL ESTATE EQUITIES, INC.
	a California corporation
		
	By:	 	 /s/ Duncan L. Matteson Jr

		
	Name:	 	Duncan L. Matteson Jr
		
	Title:	 	President

  
 2Second Amendment to Purchase and Sale Agreement

  
 Exhibit 10.5 

SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT 

This Second Amendment to Purchase and Sale Agreement (“Second Amendment”) is made and entered into as of the
20th day of August, 2010, by and between WELLS VAF—PARK LANE, LLC, a Delaware limited liability company (“Seller”) and MATTESON REAL ESTATE EQUITIES, INC., a California corporation (“Purchaser”). 

W I T N E S S E T H: 
 WHEREAS, Seller and Purchaser have entered into that certain Purchase and Sale Agreement dated July 20, 2010, as amended by that certain First Amendment to Purchase and Sale Agreement dated
August 17, 2010 (collectively, the “Agreement”), with respect to certain real property and improvements commonly known as 3000 Park Lane, Pittsburgh, North Fayette Township, Pennsylvania (the “Property”); and 

WHEREAS, Seller and Purchaser desire to amend the Agreement as hereinafter set forth. 

NOW, THEREFORE, in consideration of Ten Dollars ($10.00) and in further consideration of the mutual covenants and
promises hereinafter contained, and for other valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each of the parties, the parties agree as follows: 

1. Ratification of the Agreement. Except as specifically amended hereby, the Agreement shall continue in full
force and effect according to its terms. The parties hereto, by their execution hereof, do hereby ratify, affirm and agree to continue to be bound by the Agreement, as amended hereby, nothing herein being deemed a waiver of strict compliance with
the terms thereof. 
 2. Clearwire Lease Escrow. At Closing, Seller shall deposit in escrow with Escrow
Agent the sum of Fifteen Thousand Three Hundred and No/100 Dollars ($15,300.00 US) (the “Clearwire Escrow”), representing rent which would be payable pursuant to that certain Building Access License for Communications Services
between Seller, as licensor, and Clearwire US LLC, as licensee (“Licensee”), dated December 20, 2009 (the “Clearwire Lease”) for the months from September 16, 2010 through June 15, 2011
(“Escrow Period”). Seller and Purchaser recognize and agree that Purchaser has consented to Seller amending the Clearwire Lease to provide that Licensee shall commence paying its monthly rent obligations under the Clearwire Lease no
later than June 1, 2011. On the Closing Date and each month thereafter during the Escrow Period on the monthly anniversary of the Closing Date unless sooner terminated pursuant to the terms of this Section 2, Escrow Agent shall disburse to
Purchaser One Thousand Seven Hundred and 00/100 Dollars ($1,700.00 US) from the Clearwire Escrow. Escrow Agent shall make such disbursements to Purchaser from the Clearwire Escrow during the Escrow Period; provided, however in the event that
Licensee commences paying rent pursuant to the Clearwire Lease prior to the expiration of the Escrow Period, Escrow Agent shall disburse the balance of the Clearwire Escrow to the Seller and neither party shall have further rights or obligations
with respect thereto. 

  
 3.
ADA Compliance Work: Seller shall use commercially reasonable efforts to complete the installation of (i) vertical signs at the head of the disabled-access parking stalls located in the Improvements, (ii) installation of informative
ADA signage adjacent to the entrance to the Improvements and adjacent to the entrance to ADA compliant restrooms located in the Improvements, and (iii) installation of wheel chair accessible lavatories, faucets and drain padding in the
restrooms located on the second floor of the Improvements, on or prior to Closing (the “ADA Work”). In the event the ADA Work is not completed on or prior to Closing, Seller shall provide Purchaser a credit to the Purchase Price at
Closing for the amount of any ADA Work which has not been completed (such credit at Closing to be solely for any portion of the ADA Work which has not been completed and in no event shall such credit for the ADA Work be more than Four Thousand Five
Hundred Fifty and 00/100 ($4,550.00 US). 
 4. Purchase Price Credit: Seller shall provide Purchaser with
a credit against the Purchase Price at Closing in the amount of One Hundred Seventy-Five Thousand and No/100 Dollars ($175,000.00 US) for any and all other inspection related items identified by Purchaser and Seller shall have no further obligations
with respect thereto. 
 5. Counterpart Execution. This Second Amendment may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which shall constitute one instrument. Further, a facsimile signature of either party on any counterpart may be relied upon as an original signature. 

[SIGNATURES FOLLOW] 

  
 IN
WITNESS WHEREOF, the parties have caused this Second Amendment to be executed and sealed the day and year first written above. 
  

									
	 PURCHASER:
	  		  	 SELLER:

			
	 MATTESON REAL ESTATE
 EQUITIES, INC.,
 a California corporation
	  		  	 WELLS VAF – 3000 PARK LANE, LLC,

a Delaware limited liability company

					
	 By:
	  	 /s/ Duncan L. Matteson, Jr.
	  		  	 By:
	 	 Wells Mid-Horizon Value-Added Fund I, LLC,
 a Georgia limited liability company, its sole member

	 Name:

Title:
	  	 Duncan L. Matteson, Jr.
 President
	  		  	  
 By:
	 	  
 Wells Investment Management Company,
LLC,
 a Georgia limited liability company, its manager

		  		  		  		 	
		  		  		  		 	
					
		  		  		  	 By:
	 	 /s/ Douglas P. Williams

		  		  		  	 Name:
	 	 Douglas P. Williams

		  		  		  	 Title:
	 	 Senior Vice PresidentFirst Amendment to Employment Agreement

  
 Exhibit 10.60.1

 1st Amendment to Employment Agreement 

This 1st Amendment to Employment Agreement (“Amendment”) is executed this 11th day of November 2010 by and between Kirk A. Benson (the
“Executive”) and Headwaters Incorporated, a Delaware corporation (the “Company”). 
 RECITALS

 Headwaters and Executive entered into an Employment Agreement effective 1 April 2010 (the “Employment
Agreement”). Pursuant to the terms and conditions of section 2(a) of the Employment Agreement, Headwaters granted to Executive certain base salary compensation. 
 Headwaters and Executive wish to modify the base salary compensation as set forth herein. 
 AGREEMENT 
 1. For good and valuable consideration, the receipt of which is hereby
acknowledged, Headwaters and Executive agree to change the base salary adjustment date of section 2(a) of the Employment Agreement from October 1, 2010 to October 1, 2011. Accordingly, section 2(a) of the Employment Agreement is amended
and restated in its entirety as follows: 
 Base Salary. The Company shall pay the Executive as compensation for his
services an annual base salary at the rate of $650,000 per year until October 1, 2011, and thereafter a minimum annual base salary of $700,000, in accordance with standard Company payroll procedures, subject to normal payroll deductions and
deductions authorized by the Executive. Such base salary shall be subject to annual review by the Compensation Committee of the board of Directors (the Compensation Committee”). 

2. Except as modified by this Amendment, all other terms of Employment Agreement remain unchanged. 

IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first above written. 

HEADWATERS INCORPORATED 
  

							
	/s/ Steven G. Stewart	  		 	/s/ Kirk A. Benson	 	
	Name: Steven G. Stewart	  		 	Kirk A. Benson	 	
	Title: Chief Financial Officer

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