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Exhibit 10.10  

 
 

NINTH AMENDMENT TO
  AGREEMENT OF PURCHASE AND SALE  
    

        THIS NINTH AMENDMENT TO AGREEMENT OF PURCHASE AND SALE ("Amendment") is entered into as of the 4th day of
August 2003, by and between THE MILLS LIMITED PARTNERSHIP, a Delaware limited partnership ("Buyer') and GREAT MALL OF THE
BAY AREA ASSOCIATES, L.P., a Delaware limited partnership ("Seller"), based upon the following facts, intentions and understandings: 

        A.
Buyer and Seller have previously entered into an Agreement of Purchase and Sale ("Purchase Agreement") dated as of May 8, 2003, as amended by a letter agreement between Buyer
and Seller dated May 8, 2003, an Amendment to Agreement of Purchase and Sale dated as of June 10, 2003, a Second Amendment to Agreement of Purchase and Sale dated June 20, 2003, a
Third Amendment to Agreement of Purchase and Sale dated as of June 25, 2003, a Fourth Amendment to Agreement of Purchase and Sale dated as of July 18, 2003, a Fifth Amendment to
Agreement of Purchase and Sale dated as of July 23, 2003, a Sixth Amendment to Agreement of Purchase and Sale dated as of July 25, 2003, a Seventh Amendment to Agreement of Purchase and
Sale dated as of July 31, 2003 and an Eighth Amendment to Agreement of Purchase and Sale dated as of August 1, 2003 (the Purchase Agreement, as so amended, is hereinafter referred to as
the "Agreement") pursuant to which Buyer has agreed to purchase and Seller has agreed to sell certain improved real property commonly known as the Great Mall of the Bay Area, all as more particularly
described in the Agreement. The capitalized terms used in this Amendment shall have the meaning set forth in the Agreement, unless otherwise defined herein. 

        B.
Buyer and Seller wish to amend the Agreement to, among other things, extend the Due Diligence Period and to extend the Closing Date upon the terms and conditions hereinafter provided. 

        NOW, THEREFORE, in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Buyer and Seller hereby agree as follows: 

	1.
	Due
Diligence Period. Section 3.1 of the Agreement is hereby amended by extending the date for the expiration of the Due Diligence Period under
Section 3.1 from July 31, 2003 until August 5, 2003 and the date of "June 16, 2003" in the third line of Section 3.1 of the Purchase Agreement is hereby replaced
with "August 5, 2003."

	2.
	Closing
Date. Section 9.2 of the Agreement is hereby amended to extend the Closing Date until August 4, 2003 by deleting the reference to
"July 9, 2003" on the third line of Section 9.2 of the Purchase Agreement and replacing it with "August 5, 2003" for all purposes under the Agreement.

	3.
	Effect.
Except as modified herein, the Agreement remains unmodified and in full force and effect.

	4.
	Escrow
Agent. Escrow Agent is executing this Amendment for the sole purpose of acknowledging the extension of the date for expiration of the Due Diligence
Period and the extension of the Closing Date set forth herein.

	5.
	Counterparts.
This Amendment may be executed in two or more fully or partially executed counterparts, any one or more of which may be executed and
delivered by facsimile transmission, each of which will be deemed an original binding the signer thereof against the other signing parties, but all counterparts together will constitute one and the
same instrument. 

 

        IN WITNESS WHEREOF, the parties have entered into this Amendment as of the date and year set forth above. 

	SELLER:	 	GREAT MALL OF THE BAY AREA ASSOCIATES, L.P.,
 a Delaware limited partnership
	

 	
 	

By:	

SREG Great Mall, Inc., a Delaware corporation, its sole general partner
	

 	
 	

By:	

/s/  THEODORE R. STOTZER      

	 	 	Name:	Theodore R. Stotzer
	 	 	Title:	Executive Vice President
	
BUYER:	
 	

THE MILLS LIMITED PARTNERSHIP, a Delaware limited partnership
	

 	
 	

By:	

The Mills Corporation, a Delaware corporation, its general partner
	

 	
 	

By:	

/s/  GREG NEEB      

	 	 	Name:	Greg Neeb
	 	 	Title:	Executive Vice President

Chief Investment Officer

	
ACKNOWLEDGED AND ACCEPTED:	
 	

 
	

ESCROW AGENT:	
 	

 
	

LAWYERS TITLE INSURANCE CORPORATION	
 	

 
	
By:	
 	

/s/  LINDA RAE PAUL      
	
 	

 
	Name:	 	Linda Rae Paul	 	 
	Title:	 	AVP, Sr. Nat'l Commercial Closer	 	 

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NINTH AMENDMENT TO AGREEMENT OF PURCHASE AND SALEQuickLinks
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Exhibit 10.11  

 
  ASSIGNMENT, ASSUMPTION AND ACCEPTANCE  
    

        THIS ASSIGNMENT, ASSUMPTION AND ACCEPTANCE ("Assignment") is made and entered into this 5 day of August,
2003, by and between THE MILLS LIMITED PARTNERSHIP, a Delaware limited partnership ("Assignor"), and MILPITAS MILLS LIMITED
PARTNERSHIP, a Delaware limited partnership ("Assignee"). 

 
 

R E C I T A L S:  
    

        WHEREAS, pursuant to that certain Agreement of Purchase and Sale dated as of May 8, 2003, as amended (the
"Purchase Agreement"), Assignor acquired the right to purchase the Property, as defined in the Purchase Agreement. 

        WHEREAS, Assignor desires to transfer, assign and convey its rights, privileges, powers and interests in, to and under the Purchase
Agreement to Assignee and Assignee desires to accept such transfer, assignment and conveyance. 

        NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows: 

        1.     The
foregoing recitals are hereby incorporated as if fully rewritten and restated in the body of this Assignment. 

        2.     Assignor
hereby sells, transfers and assigns to Assignee all of its right, title and interest in and to the Purchase Agreement. 

        3.     From
and after the date hereof, Assignee has assumed and shall be responsible for and shall perform all of those obligations imposed on Assignor under the Purchase
Agreement, which obligations accrue from and after the date hereof. Assignee agrees to and hereby does protect, indemnify, defend and hold Assignor harmless from any and all damages, costs, attorneys'
fees, expenses, obligations, losses, penalties, liabilities and claims suffered or incurred by Assignor and arising out of Assignee's failure to perform the obligations assumed by it under this
Assignment. Assignor agrees to and hereby does protect, indemnify, defend and hold Assignee harmless from any and all damages, costs, attorneys' fees, expenses, obligations, losses, penalties,
liabilities and claims suffered or incurred as a result of, or arising directly out of the breach by Assignor of any or all of the obligations imposed on Assignor under the Purchase Agreement, which
obligations accrue prior to the date of this Agreement. 

        4.     This
Assignment may be executed in any number of identical counterparts, each of which shall be deemed an original and all of which, taken together, shall be deemed one
and the same instrument. 

[THE BALANCE OF THIS PAGE IS INTENTIONALLY BLANK]

 
[SIGNATURE PAGE TO ASSIGNMENT, ASSUMPTION AND ACCEPTANCE]

        IN WITNESS WHEREOF, Assignor and Assignee have caused this Assignment to be duly executed as of the day and year aforesaid. 

	 	ASSIGNOR:
	

 	
THE MILLS LIMITED PARTNERSHIP, a Delaware limited partnership
	

 	

By:	
THE MILLS CORPORATION, a Delaware corporation, its General Partner
	

 	

 	

By:	

/s/  GREG NEEB      

	 	 	Name:	Greg Neeb
	 	 	Title:	Executive Vice President

Chief Investment Officer
	

 	

 	

 	

 	

 	

 
	 	ASSIGNEE:
	

 	
MILPITAS MILLS LIMITED PARTNERSHIP, a Delaware limited partnership
	

 	

By:	
MILPITAS MILLS, L.L.C., a Delaware limited liability company, its General Partner	

 
	

 	

 	

By:	
THE MILLS LIMITED PARTNERSHIP, a Delaware limited partnership, its Executive Manager
	

 	

 	

 	

By:	
THE MILLS CORPORATION, a Delaware corporation, its General Partner
	

 	

 	

 	

 	

By:	

/s/  GREG NEEB      

	 	 	 	 	Name:	Greg Neeb
	 	 	 	 	Its:	Executive Vice President

Chief Investment Officer

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ASSIGNMENT, ASSUMPTION AND ACCEPTANCE

R E C I T A L SFiled by Automated Filing Services Inc. (604) 609-0244 - Merritt Ventures Corp. - Exhibit 10.1

  

  AMENDMENT NO. 2 TO OPTION AGREEMENT

  THIS AGREEMENT made as of the 28th day of June, 2003. 

BETWEEN:

  
    MICHAEL H. SANGUINETTI, of 5479 Keith Road, 

      West Vancouver, British Columbia

    (the "Optionor")

  

OF THE FIRST PART

 AND:

  
    MERRITT VENTURES CORP., of Suite 201, 

      810 Peace Portal Drive, Blaine, WA 98230

      

      (the "Optionee")

  

 OF THE SECOND PART

WHEREAS:

	A. 	The parties entered into an option agreement dated April 6, 2001, as
        amended (the “Agreement”);

          

	B. 	The parties wish to amend the Agreement to extend certain dates for
        completion of work programs on the Property.

  NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the mutual covenants
  and conditions herein contained and in consideration of the sum of $1000.00
  US paid by the Optionee to the Optionor (the receipt of which is hereby acknowledged)
  the parties have agreed and do hereby agree as follows:

1.       The Agreement is hereby amended by deleting
  paragraph 4(b)(i) and 4 (b)(ii) and replacing it with the following: 

	 	4 (b)(i) 	paying the Optionor $1,000 US on the execution of this
        Agreement, the receipt which is hereby acknowledged by the Optionor; and
        an additional $1,000 on or before August 31, 2003; 

          

	 	4 (b)(ii)	incurring Exploration Expenditures of up to $15,000 US
        on the Property as follows:

          

	 	 	(A) 	$5,000 US on or before June 30, 2002; and

          

	 	 	(B) 	a further $10,000 US on or before December 31, 2003;

          

	 	In the event that the Optionee
        spends, in any of the above periods, less than the specified sum, it may
        pay the Optionor the difference between the amount it actually spent and
        the specified sum before the expiry of that period in full satisfaction
        of the Exploration Expenditures to be incurred. In the event that the
        Optionee spends, in any period, more than the specified sum, the excess
        shall be carried forward and applied to the Exploration Expenditures to
        be incurred in succeeding periods. 

2.       The Agreement is deemed to have
  been amended as of the day and year first above written and, in all other respects,
  save and except as herein provided, the Agreement is hereby confirmed.

3.        This Agreement may be executed
  in counterparts which together shall form one and the same instrument.

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

	SIGNED, SEALED AND DELIVERED	)	 
	BY MICHAEL H. SANGUINETTI	)	 
	in the presence of:	)	 
	 	)	 
	/s/ George R. Rawsthorne	)	 
	Signature	)	 
	 	)	/s/ Michael H. Sanguinetti

	George R. Rawsthorne	)	Michael H. Sanguinetti 
	Name	)	 
	 	)	 
	Box 1988, Squamish, BC, V0N 3G0	)	 
	Address 	)	 
	 	 	 
	 	 	 
	THE COMMON SEAL OF	)	 
	MERRITT VENTURES CORP. was	)	 c/s

	hereunto affixed in the presence of:	)	 
	 	)	 
	/s/ Lorrie A. Archibald	)	 
	Authorized Signatory	)

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