Document:

Exhibit 10.18

 

Agreement
Regarding Limited Liability

Company Interests

 

AGREEMENT (as amended, modified or supplemented from
time to time, this “Agreement”), dated as of October 31, 2005,
among the undersigned pledgor (the “Pledgor”), Nordea Bank Finland, Plc,
New York Branch, not in its individual capacity but solely as collateral agent
(the “Pledgee”), and GMR Newbuilding 4, LLC, as the issuer of the
Limited Liability Company Interests (as defined below) (the “Issuer”).

 

W I T N
E S S E T H :

 

WHEREAS, the Pledgor, certain of its affiliates and
the Pledgee have entered into a First Priority Pledge and Security Agreement,
dated as of October 26, 2005 (as amended, amended and restated, modified
or supplemented from time to time, the “Pledge Agreement”), under which,
among other things, in order to secure the payment of the Obligations (as
defined in the Pledge Agreement), the Pledgor will pledge to the Pledgee for
the benefit of the Secured Creditors (as defined in the Pledge Agreement), and
grant a first priority security interest in favor of the Pledgee for the
benefit of the Secured Creditors in, all of the right, title and interest of
the Pledgor in and to any and all Limited Liability Company Interests (as
defined in the Pledge Agreement), in each case issued from time to time by the
Issuer, whether now existing or hereafter from time to time acquired by the
Pledgor (all of such Limited Liability Company Interests, the “Issuer
Pledged Interests”); and

 

WHEREAS, the Pledgor desires the Issuer to enter into this
Agreement in order to protect the security interest of the Pledgee under the
Pledge Agreement in the Issuer Pledged Interests, to vest in the Pledgee
control of the Issuer Pledge Interests and to provide for the rights of the
parties under this Agreement;

 

NOW THEREFORE, in consideration of the premises and
the mutual promises and agreements contained herein, and for other valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto hereby agree as follows:

 

1.  The Pledgor
hereby irrevocably authorizes and directs the Issuer, and the Issuer hereby
agrees, to comply with any and all instructions and orders originated by the
Pledgee (and its successors and assigns) regarding any and all of the Issuer
Pledged Interests without the further consent by the registered owner
(including the Pledgor), and, after receiving a notice from the Pledgee stating
that an “Event of Default” has occurred and is continuing, not to comply
with any instructions or orders regarding any or all of the Issuer Pledged
Interests originated by any person or entity other than the Pledgee (and its
successors and assigns) or a court of competent jurisdiction.

 

2.  The Issuer
hereby certifies that (i) no notice of any security interest, lien or
other encumbrance or claim affecting the Issuer Pledged Interests (other than
the security interest

 

 

of the Pledgee) has been received by it, and (ii) the
security interest of the Pledgee in the Issuer Pledged Interests has been
registered in the books and records of the Issuer.

 

3.  The Issuer
hereby represents and warrants that (i) the pledge by the Pledgor of, and
the granting by the Pledgor of a security interest in, the Issuer Pledged
Interests to the Pledgee, for the benefit of the Secured Creditors, does not
violate the charter, by-laws, partnership agreement, membership agreement or
any other agreement governing the Issuer or the Issuer Pledged Interests, and (ii) the
Issuer Pledged Interests are fully paid and nonassessable.

 

4.  All notices,
statements of accounts, reports, prospectuses, financial statements and other
communications to be sent to the Pledgor by the Issuer in respect of the Issuer
will also be sent to the Pledgee at the following address:

 

Nordea
Bank Finland, Plc,

New
York Branch

437 Madison Avenue

21st Floor

New York, New York 10022

Attn:  Mr. Hans Chr. Kjelsrud

Telephone:  212-318-9634

Facsimile:  212-421-4420

 

5.  Until the
Pledgee shall have delivered written notice to the Issuer that all of the
Obligations have been paid in full and this Agreement is terminated, the Issuer
will, upon receiving notice from the Pledgee stating that an “Event of
Default” has occurred and is continuing, send any and all redemptions,
distributions, interest or other payments in respect of the Issuer Pledged
Interests from the Issuer for the account of the Pledgor only by wire transfers
to such account as the Pledgee shall instruct.

 

6.  Except as
expressly provided otherwise in Sections 4 and 5, all notices, shall be sent or
delivered by mail, telegraph, telex, telecopy, cable or overnight courier
service and all such notices and communications shall, when mailed,
telegraphed, telexed, telecopied, or cabled or sent by overnight courier, be
effective when deposited in the mails, delivered to the telegraph company,
cable company or courier, as the case may be, or sent by telex or telecopier,
except that notices and communications to the Pledgee, the Pledgor or the
Issuer shall not be effective until received by the Pledgee, the Pledgor or the
Issuer, as the case may be.  All notices
and other communications shall be in writing and addressed as follows:

 

(a)                                  if to any Pledgor, at:

 

c/o General Maritime Corporation, as agent

299 Park Avenue

New York, NY 10171-0002

Attention:  Chief Executive
Officer

Telephone No.:  (212) 763-5600

Telecopier No.:  (212) 763-5603

 

 

with copies to:

 

Kramer Levin Naftalis & Frankel LLP

1177 Avenue of the Americas

New York, NY 10036

Attention:  Thomas E. Molner, Esq.

Telephone No.:  (212) 715-9100

Telecopier No.:  (212) 715-8000

 

(b)                                 if to the Pledgee, at:

 

Nordea
Bank Finland, Plc,

New
York Branch

437 Madison Avenue

21st Floor

New York, New York 10022

Attn:  Mr. Hans Chr. Kjelsrud

Telephone:  212-318-9634

Facsimile:  212-421-4420

 

 (c)                               if to the Issuer, at:

 

c/o General Maritime Corporation, as agent

299 Park Avenue

New York, NY 10171-0002

Attention:  Chief Executive
Officer

Telephone No.:  (212) 763-5600

Telecopier No.:  (212) 763-5603

 

or at such other address
as shall have been furnished in writing by any Person described above to the
party required to give notice hereunder.

 

7.  This
Agreement shall be binding upon the successors and assigns of the Pledgor and
the Issuer and shall inure to the benefit of and be enforceable by the Pledgee
and its successors and assigns.  This
Agreement may be executed in any number of counterparts, each of which shall be
an original, but all of which shall constitute one instrument.  In the event that any provision of this
Agreement shall prove to be invalid or unenforceable, such provision shall be
deemed to be severable from the other provisions of this Agreement which shall
remain binding on all parties hereto. 
None of the terms and conditions of this Agreement may be changed,
waived, modified or varied in the manner whatsoever except in writing signed by
the Pledgee, the Issuer and the Pledgor.

 

8.  This
Agreement shall be governed by and construed in accordance with the laws of the
State of New York, without regard to its principles of conflict of laws (other
than Title 14 of Articles 5 of the New York General Obligations Law.

 

*                                         *                                         *

 

 

IN WITNESS WHEREOF, the Pledgor, the Pledgee and the
Issuer have caused this Agreement to be executed by their duly elected officers
duly authorized as of the date first above written.

 

	
   

  	
  GENERAL MARITIME CORPORATION,

  
	
   

  	
  as Pledgor

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Name: John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Title:  Vice President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  GMR ADMINISTRATION
  CORP.,

  
	
   

  	
  as Pledgor

  
	
   

  	
   

  
	
   

  	
  By

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Name: John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Title:   Treasurer

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  NORDEA BANK FINLAND, PLC, NEW YORK

  BRANCH,

  
	
   

  	
  not in its individual capacity but solely as 

  
	
   

  	
  Pledgee

  
	
   

  	
   

  
	
   

  	
  By

  	
  /s/ Martin Lunder

  	
   

  
	
   

  	
   

  	
  Name: Martin Lunder

  	
   

  
	
   

  	
   

  	
  Title:   Senior Vice President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
  /s/ Anne Engen

  	
   

  
	
   

  	
   

  	
  Name: Anne Engen

  	
   

  
	
   

  	
   

  	
  Title:   Vice President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  GMR NEWBUILDING 4, LLC,

  
	
   

  	
  the Issuer

  
	
   

  	
   

  
	
   

  	
  By

  	
  /s/ John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Name: John C.
  Georgiopoulos

  	
   

  
	
   

  	
   

  	
  Title:   TreasurerExhibit 4.1

 

FOURTH
SUPPLEMENTAL INDENTURE, dated as of September 22, 2005 (the “Fourth
Supplemental Indenture”) between Meritage Homes Corporation, a corporation
organized under the laws of the State of Maryland (the “Issuer”), the
Guarantors named therein, Greater Homes, Inc. and Greater Interiors, LLC
(together, the “Additional Guarantors”) and Wells Fargo Bank, National
Association, as trustee (the “Trustee”), under the Indenture (as defined
below).  Capitalized terms used and not
defined herein shall have the same meanings given in the Indenture unless
otherwise indicated.

 

WHEREAS,
the Issuer, the Guarantors thereto and the Trustee are parties to that certain
Indenture dated as of April 21, 2004 (the “Indenture”) pursuant to
which the Company issued its 7% Senior Notes 2014 (the “Notes”) and the
Guarantors guaranteed the obligations of the Issuer under the Indenture and the
Notes;

 

WHEREAS,
the Issuer, the Guarantors thereto, Meritage Homes of Colorado, Inc. and
the Trustee are parties to the First Supplemental Indenture, dated as of May 14,
2004 pursuant to which Meritage Homes of Colorado, Inc. was added as a
Guarantor;

 

WHEREAS,
the Issuer, the Guarantors thereto, Meritage Homes of Florida, Inc. and
the Trustee are parties to the Second Supplemental Indenture, dated as of December 20,
2004 pursuant to which Meritage Homes of Florida, Inc. was added as a
Guarantor;

 

WHEREAS, the Issuer, the
Guarantors thereto, California Urban Builders, Inc., California Urban
Homes, LLC and the Trustee are parties to the Third Supplemental Indenture,
dated as of April 18, 2005 pursuant to which California Urban Builders, Inc.
and California Urban Homes, LLC were added as Guarantors;

 

WHEREAS,
pursuant to Section 4.13 of the Indenture, if the Issuer acquires or
creates any additional subsidiary which is a Restricted Subsidiary, each such
subsidiary shall execute and deliver a supplemental indenture pursuant to which
such subsidiary shall unconditionally guaranty the Issuer’s obligations under
the Notes;

 

WHEREAS,
the Additional Guarantors are each a Restricted Subsidiary of the Issuer;

 

WHEREAS,
the Issuer and the Trustee desire to have the Additional Guarantors enter into
this Fourth Supplemental Indenture and agree to guaranty the obligations of the
Issuer under the Indenture and the Notes and the Additional Guarantors desire
to enter into this Fourth Supplemental Indenture and to guaranty the
obligations of the Issuer under the Indenture and the Notes as of such date;

 

WHEREAS,
Section 8.01 of the Indenture provides that the Issuer, the Guarantors and
the Trustee may, without the written consent of the Holders of the outstanding
Notes, amend the Indenture as provided herein;

 

WHEREAS,
by entering into this Fourth Supplemental Indenture, the Issuer and the Trustee
have consented to amend the Indenture in accordance with the terms and
conditions herein;

 

WHEREAS,
each Guarantor hereby acknowledges and consents to amend the Indenture in
accordance with the terms and conditions herein; and

 

 

WHEREAS,
all acts and things prescribed by the charter documents of the Additional
Guarantors (as now in effect) necessary to make this Fourth Supplemental
Indenture a valid instrument legally binding on the Additional Guarantors for
the purposes herein expressed, in accordance with its terms, have been duly
done and performed.

 

NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Issuer, the
Additional Guarantors and the Trustee hereby agree for the benefit of each
other and the equal and ratable benefit of the Holders of the Notes as follows:

 

1.             Additional
Guarantors as Guarantors.  As of the
date hereof and pursuant to this Fourth Supplemental Indenture, the Additional
Guarantors shall each become a Guarantor under the definition of Guarantor in
the Indenture in accordance with the terms and conditions of the Indenture and
shall assume all rights and obligations of a Guarantor thereunder.

 

2.             Compliance
with and Fulfillment of Condition of Section 4.13.  The execution and delivery of this Fourth
Supplemental Indenture by the Additional Guarantors (along with such
documentation relating thereto as the Trustee shall require) fulfills the
obligations of the Issuer under Section 4.13 of the Indenture.

 

3.             Construction.  For all purposes of this Fourth Supplemental
Indenture, except as otherwise herein expressly provided or unless the context
otherwise requires: (i) the defined terms and expressions used herein
shall have the same meanings as corresponding terms and expressions used in the
Indenture; and (ii) the words “herein,” “hereof” and “hereby” and other
words of similar import used in this Fourth Supplemental Indenture refer to
this Fourth Supplemental Indenture as a whole and not to any particular Section hereof.

 

4.             Trustee
Acceptance.  The Trustee accepts the
amendment of the Indenture effected by this Fourth Supplemental Indenture, as
hereby amended, but only upon the terms and conditions set forth in the
Indenture, as hereby amended, including the terms and provisions defining and
limiting the liabilities and responsibilities of the Trustee in the performance
of its duties and obligations under the Indenture, as hereby amended.  Without limiting the generality of the
foregoing, the Trustee has no responsibility for the correctness of the
recitals of fact herein contained which shall be taken as the statements of
each of the Issuer and the Additional Guarantors, respectively, and makes no
representations as to the validity or enforceability against either the Issuer
or the Additional Guarantors.

 

5.             Indenture
Ratified.  Except as expressly
amended hereby, the Indenture is in all respects ratified and confirmed and all
the terms, conditions and provisions thereof shall remain in full force and
effect.

 

6.             Holders
Bound.  This Fourth Supplemental
Indenture shall form a part of the Indenture for all purposes, and every Holder
of the Notes heretofore or hereafter authenticated and delivered shall be bound
hereby.

 

7.             Successors
and Assigns.  This Fourth
Supplemental Indenture shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns.

 

2

 

8.             Counterparts.  This Fourth Supplemental Indenture may be executed
in any number of counterparts, each of which when so executed shall be deemed
to be an original, and all of such counterparts shall together constitute one
and the same instrument.

 

9.             Governing
Law.  This Fourth Supplemental
Indenture shall be governed by and construed in accordance with the internal
laws of the State of New York without giving effect to principles of conflicts
of laws.

 

IN
WITNESS WHEREOF, the Issuer, the Additional Guarantors and the Trustee have
caused this Fourth Supplemental Indenture to be duly executed as of the date
first above written.

 

	
   

  	
  ISSUER:

  
	
   

  	
   

  
	
   

  	
  MERITAGE HOMES CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman, Co-President and
  Co-

  Chief Executive Officer

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Chief Financial Officer, Vice

  President-Finance and Secretary

  
	
   

  	
   

  
	
   

  	
  ADDITIONAL GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  GREATER HOMES, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  GREATER INTERIORS, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Greater Homes, Inc.

  
	
   

  	
  Its:

  	
  Sole Member and Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  

 

3

 

	
   

  	
  TRUSTEE:

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK, NATIONAL

  ASSOCIATION, as Trustee

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Maddy Hall

  
	
   

  	
  Its:

  	
  Assistant Vice President

  
	
   

  	
   

  
	
   

  	
  GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  MERITAGE PASEO CROSSING, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Homes of
  Arizona, Inc., its Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO and Chairman

  
	
   

  	
   

  
	
   

  	
  MERITAGE PASEO CONSTRUCTION,
  LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Homes
  Construction, Inc., its Sole

  Member

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO and Co-Chairman

  
	
   

  	
   

  	
   

  
	
   

  	
  MERITAGE HOMES OF ARIZONA, INC.

  
	
   

  	
   

  	
  /s/ Larry W. Seay

  
	
   

  	
  By:

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO and Co-Chairman

  

 

4

 

	
   

  	
  MERITAGE HOMES CONSTRUCTION,
  INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO and Co-Chairman

  
	
   

  	
   

  
	
   

  	
  MTH-TEXAS GP, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  MTH-TEXAS LP, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  LEGACY/MONTEREY HOMES L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP, Inc., its
  General Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  

 

5

 

	
   

  	
  MERITAGE HOMES OF CALIFORNIA,
  INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO, President and Chief

  Executive Officer

  
	
   

  	
   

  
	
   

  	
  LEGACY OPERATING COMPANY, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Holdings, L.L.C., its
  General

  Partner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Legacy/Monterey Homes L.P., its
  Sole

  Member

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP, Inc., its General
  Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
    Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  HULEN PARK VENTURE, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Legacy/Monterey Homes L.P., its
  Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP, Inc., its
  General Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  

 

6

 

	
   

  	
  MERITAGE HOLDINGS, L.L.C.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Legacy/Monterey Homes L.P., its Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP, Inc., its General
  Partner

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  MTH HOMES-TEXAS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP II, Inc., its
  General Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  MTH-TEXAS GP II, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  MTH-TEXAS LP II, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  

 

7

 

	
   

  	
  MTH-HOMES NEVADA, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman and Chief Executive

  Officer

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  MTH-CAVALIER, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Monterey Homes
  Construction, Inc., its Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-CEO, President and Chief

  Executive Officer

  
	
   

  	
   

  
	
   

  	
  MTH GOLF

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Homes
  Construction, Inc., its Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman and Co-CEO

  

 

8

 

	
   

  	
  LEGACY-HAMMONDS MATERIALS, L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Holdings, L.L.C., its
  General

  Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Legacy/Monterey Homes L.P., its
  Sole

  Member

  
	
   

  	
   

  
	
   

  	
  By:

  	
  MTH-Texas GP, Inc., its General
  Partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  MERITAGE HOMES OF COLORADO,
  INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman
  and CEO

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  MERITAGE HOMES OF FLORIDA, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  
	
   

  	
   

  
	
   

  	
  CALIFORNIA URBAN BUILDERS, INC.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  

 

9

 

	
   

  	
  CALIFORNIA URBAN HOMES, LLC

  
	
   

  	
   

  
	
   

  	
  By:

  	
  Meritage Homes of California, Inc.

  
	
   

  	
  Its:

  	
  Sole Member and Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Steven J. Hilton

  
	
   

  	
   

  	
  Name:

  	
  Steven J. Hilton

  
	
   

  	
   

  	
  Title:

  	
  Co-Chairman

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Larry W. Seay

  
	
   

  	
   

  	
  Name:

  	
  Larry W. Seay

  
	
   

  	
   

  	
  Title:

  	
  Vice President-Secretary

  

 

10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}]]