Document:

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                                                                   EXHIBIT 10. 8

THESE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED. SUCH SECURITIES MAY NOT BE TRANSFERRED,
UNLESS A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO SUCH TRANSFER
OR, IN THE OPINION OF COUNSEL TO THE ISSUER, AN EXEMPTION FROM REGISTRATION IS
THEN AVAILABLE.

                                     WARRANT

             VOID AFTER 5:00 P.M., California Time, on June 30, 2005

                        WARRANT TO PURCHASE COMMON STOCK
                                       OF
                                INTELLICORP, INC.

        This is to certify that subject to the terms and conditions hereof, FOR
VALUE RECEIVED, Wechsler & Co., Inc. (the "Initial Holder") or registered
assigns (collectively referred to as the "Holder") is entitled to purchase, at
an exercise price per share of $2.20 (the "Exercise Price"), 212,500 shares (the
"Warrant Shares") of the Common Stock (the "Common Stock") of IntelliCorp, Inc.,
a Delaware corporation (the "Company"), at any time during the period from June
30, 2000 (the "Commencement Date") to 5:00 P.M., California Time, on June 30,
2005, at which time this Warrant will expire and become void. The following
terms shall apply to this Warrant:

        1. Exercise of Warrant, Reservation of Shares.

               1.1. Subject to the terms and conditions hereof, this Warrant may
be exercised in whole or in part at any time and from time to time on or after
the Commencement Date, and before 5:00 P.M., California Time, on June 30, 2005,
or if such day is a day on which federal or state chartered bank institutions
located in the State of California are authorized by law to close, then on the
next succeeding day which shall not be such a day, by presentation and surrender
hereof to the Company at its principal office or at the office of its warrant
transfer agent, if any, with the attached Purchase Form duly executed and
accompanied by payment, in cash or certified or official bank check payable to
the order of the Company, of the Exercise Price for the number of Warrant Shares
specified in such form. If this Warrant should be exercised in part only, the
Company will, upon presentation of this Warrant upon such exercise, execute and
deliver a new warrant, dated the date hereof, evidencing the rights of the
Holder thereof to purchase the balance of the Warrant Shares purchasable
hereunder upon the same terms and conditions as herein set forth. Upon and as of
such receipt of this Warrant and the Purchase Form by the Company at its office,
in proper form for exercise and accompanied by payment as herein provided, the
Holder shall be deemed to be the holder
<PAGE>   2

of record of the Warrant Shares issuable upon such exercise, notwithstanding
that the stock transfer books of the Company shall then be closed or that
certificates representing the Warrant Shares shall not then be actually
delivered to the Holder. The Company shall promptly take such reasonable steps
as it deems necessary in order to issue the Warrant Shares to be delivered
following exercise of this Warrant.

               1.2. The Company shall at all times after the Commencement Date
and until expiration of this Warrant reserve for issuance and delivery upon
exercise of this Warrant the number of Warrant Shares as shall be required for
issuance and delivery upon exercise of this Warrant.

        2. Fractional Shares. No fractional shares or scrip representing
fractional shares shall be issued upon the exercise of this Warrant. With
respect to any fractional shares called for upon exercise hereof, the Company
will pay to the Holder an amount in cash equal to such fraction multiplied by
the fair market value of a share of Common Stock, as determined by the Board of
Directors.

        3. Transfer in Compliance with the Securities Act of 1933; Exchange,
Assignment or Loss of Warrant.

               3.1. This Warrant may not be assigned or transferred, except as
provided herein, and in accordance with and subject to the provisions of the
Securities Act of 1933, as amended, and the Rules and Regulations promulgated
thereunder (said Act and such Rules and Regulations being hereinafter
collectively referred to as the "Act"). Any purported transfer or assignment
made other than in accordance with this Section 3 shall be null and void and of
no force and effect.

               3.2. This Warrant or the Warrant Shares may not be sold or
otherwise disposed of except as follows:

                      (a) To a person who, in the opinion of counsel reasonably
satisfactory to the Company, is a person to whom this Warrant or the Warrant
Shares may be legally transferred without registration and without the delivery
of a current prospectus under the Act, as well as applicable state securities
laws with respect thereto and then only against receipt of an agreement of such
person to comply with the provisions of this Section 3.2 with respect to any
resale or other disposition of such securities unless, in the opinion of counsel
to the Company, such agreement is not required; or

                      (b) Upon delivery of a prospectus or offering circular
then meeting the requirements of the Act as well as applicable state securities
laws relating to such securities and the offering thereof for such sale or
disposition.

               3.3. Each certificate for Warrant Shares or for any other
security issued or issuable upon exercise of this Warrant shall contain a legend
on the face, in form and

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substance satisfactory to counsel for the Company, setting forth the
restrictions on transfer contained in Section 3.1, unless, in the opinion of
counsel reasonably satisfactory to the Company, such legend is not required.

               3.4. Each holder of the Warrant, the Warrant Shares and any other
security issued or issuable upon exercise of this Warrant shall indemnify and
hold harmless the Company, its directors and officers, and each other person, if
any, who controls the Company against any losses, claims, damages or
liabilities, joint or several, to which the Company or any such director,
officer or any such person may become subject under the Act, any applicable
state securities law or any other statute or at common law, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) directly
arise out of or are based upon the disposition by such holder of the Warrant,
Warrant Shares or other such securities in violation of the above
representation.

               3.5. Subject to the provisions of Sections 3.1 through 3.4, this
Warrant is exchangeable, without expense, at the option of the Holder, for other
warrants of different denominations entitling the Holder to purchase in the
aggregate the same number of Warrant Shares purchasable on the same terms and
conditions, upon presentation at the principal office of the Company or at the
office of its warrant transfer agent, if any, together with a written notice
signed by the Holder specifying the names and denominations in which new
warrants are to be issued, and may be divided or combined with other warrants
which carry the same rights, upon presentation at the principal office of the
Company or at the office of its warrant transfer agent, if any, together with a
written notice signed by the Holder specifying the names and denominations in
which new warrants are to be issued.

               3.6. Any assignment permitted under this Warrant will be made by
surrender of this Warrant to the Company at its principal office or at the
office of its warrant transfer agent, if any, with the attached Assignment Form
duly executed and accompanied by funds sufficient to pay any transfer tax. In
such event the Company will, without charge, execute and deliver a new Warrant
in the name of the assignee named in such instrument of assignment, and this
Warrant will promptly be canceled.

               3.7. Upon receipt by the Company of evidence satisfactory to it
of the loss, theft, destruction or mutilation of this Warrant, and (in the case
of loss, theft or destruction) of reasonably satisfactory indemnification, and
upon surrender and cancellation of this Warrant, if mutilated, the Company will
execute and deliver a new Warrant of like tenor and date and any such lost,
stolen, or destroyed Warrant shall thereupon become void.

        4. Adjustment of Number of Warrant Shares and Exercise Price.

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               4.1. The number of Warrant Shares for which this Warrant may be
exercised shall be subject to adjustment as follows:

                      (a) In the event there is a subdivision or combination of
the outstanding shares of Common Stock into a larger or smaller number of
shares, the number of Warrant Shares shall be increased or reduced in the same
proportion as the increase or decrease in the outstanding shares of Common
Stock.

                      (b) If the Company declares a dividend on Common Stock
payable in Common Stock or securities convertible into Common Stock, the number
of Warrant Shares shall be increased, as of the record date for determining
which holders of Common Stock shall be entitled to receive such dividend, in
proportion to the increase in the number of outstanding shares of Common Stock
as a result of such dividend.

               4.2. In the event at any time prior to the expiration of this
Warrant of any reorganization or reclassification of the outstanding shares of
Common Stock (other than a change in par value, or from no par value to par
value, or from par value to no par value, or as a result of a subdivision or
combination) or any consolidation or merger of the Company with another entity,
or sale, lease or transfer of all or substantially all of the property or assets
of the Company, the Holder shall have the right, but not the obligation, to
exercise this Warrant. Upon such exercise, the Holder shall have the right to
receive the same kind and number of shares of capital stock and other
securities, cash or other property as would have been distributed to the Holder
upon such reorganization, reclassification, consolidation or merger had the
Holder exercised this Warrant immediately prior to such reorganization,
reclassification, consolidation or merger. The Holder shall pay upon such
exercise the Exercise Price that otherwise would have been payable pursuant to
the terms of this Warrant. If any such reorganization, reclassification,
consolidation or merger results in a cash distribution in excess of the Exercise
Price provided by this Warrant, the Holder may, at the Holder's option, exercise
this Warrant without making payment of the Exercise Price, and in such case the
Company shall, upon distribution to the Holder, consider the Exercise Price to
have been paid in full, and in making settlement to the Holder, shall deduct an
amount equal to the Exercise Price from the amount payable to the Holder.

               4.3. If the Company shall, at any time prior to the expiration of
this Warrant, dissolve, liquidate or wind up its affairs, the Holder shall have
the right, but not the obligation, to exercise this Warrant. Upon such exercise
the Holder shall have the right to receive, in lieu of the shares of Common
Stock that the Holder otherwise would have been entitled to receive, the same
kind and amount of assets as would have been issued, distributed or paid to the
Holder upon any such dissolution, liquidation or winding up with respect to such
shares of Common Stock had the Holder been the holder of record of such shares
of Common Stock receivable upon exercise of this Warrant on the date for
determining those entitled to receive any such distribution. If any such
dissolution,

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liquidation or winding up results in any cash distribution in excess of the
Exercise Price provided for by this Warrant, the Holder may, at the Holder's
option, exercise this Warrant without making payment of the Exercise Price and,
in such case, the Company shall, upon distribution to the Holder, consider the
Exercise Price to have been paid in full, and in making settlement to the Holder
shall deduct an amount equal to the Exercise Price from the amount payable to
the Holder.

               4.4. The Company may retain a firm of independent public
accountants of recognized standing (who may be any such firm regularly employed
by the Company) to make any computation required under this Section 4, and a
certificate signed by such firm shall be conclusive evidence of the correctness
of any computation made under this Section.

               4.5. Whenever the number of shares of Common Stock purchasable
upon the exercise of this Warrant is adjusted as herein provided, the Exercise
Price shall be adjusted by multiplying the applicable Exercise Price immediately
prior to such adjustment by a fraction, the numerator of which shall be the
number of shares of Common Stock purchasable upon exercise of this Warrant
immediately prior to such adjustment and the denominator of which shall be the
number of shares of Common Stock purchasable immediately after such adjustment.

               4.6. Upon any adjustment of the Exercise Price, then and in each
such case the Company shall give written notice thereof, by first class mail,
postage prepaid, addressed to the Holder at the address of such Holder as shown
on the books of the Company, which notice shall state the Exercise Price
resulting from such adjustment, setting forth in reasonable detail the method of
calculation and the facts upon which such calculation is based.

               4.7. The issuance of certificates for shares of Common Stock upon
exercise of this Warrant shall be made without charge to the Holder thereof for
any issuance tax in respect thereof; provided, that the Company shall not be
required to pay any tax which may be payable in respect of any transfer involved
in the issuance and delivery of any certificate in a name other than that of the
Holder.

        5. Rights of Holder. Except as otherwise provided in Section 1.1 above,
this Warrant does not entitle the Holder to any rights of a shareholder of the
Company either at law or in equity, and the rights of any such Holder are
limited to those expressed in this Warrant and are not enforceable against the
Company, except to the extent set forth herein.

        6. Warrant Transfer Agent. Any reference in this Warrant to the warrant
transfer agent will apply if, and only if, the Company will have advised the
Holder that

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such an agent has been designated as an agency for the transfer or exercise of
this Warrant.

        7. Governing Law. This Warrant shall be construed in accordance with the
laws of the State of California.

        8. Notices. Any notice required hereunder shall be by writing and shall
be given by personal delivery, or United States mail, certified or registered
with return receipt requested, postage prepaid and shall be deemed to be
effective five (5) business days after mailing or on the date of delivery if
delivered personally, at the following addresses, or such other addresses as one
party may from time to time give the other in writing:

               To the Company:      INTELLICORP, INC.
                                    1975 El Camino Real
                                    Mountain View, CA  94040
                                    Attention: President

               To Holder:           At the address set forth below.

        IN WITNESS WHEREOF, the Company has executed this Warrant as of the 30th
day of June, 2000.

                                            INTELLICORP, INC.

                                             By:
                                                ---------------------------

        Initial Holder:

        Name:         Wechsler & Co., Inc.

Address:              105 South Bedford Road, Suite 310
                      Mount Kisco, N.Y.  10549
ATTENTION:            Norman J. Wechsler

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                                  PURCHASE FORM

                                                       Dated:
                                                             -----------------

        The undersigned hereby irrevocably elects to exercise the within Warrant
to the extent of purchasing __________ shares of Common Stock and hereby makes
payment of $__________ in payment of the actual Exercise Price thereof.

                     INSTRUCTIONS FOR REGISTRATION OF STOCK

Name:
            ----------------------------------------------------------
                  (Please typewrite or print in block letters)

Address:
            ----------------------------------------------------------

            ----------------------------------------------------------

            ----------------------------------------------------------

                                            Signature:
                                                      ------------------------

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                                 ASSIGNMENT FORM

               FOR VALUE RECEIVED, ____________________ hereby sells, assigns
and transfers unto

Name:
     --------------------------------------------------------------------
               (Please typewrite or print in block letters)

Address:___________________________________________________________________
the right to purchase Common Stock represented by this Warrant to the extent of
_________ shares of Stock and does hereby irrevocably constitute and appoint
____________________, attorney, to transfer the same on the books of the Company
with full power of substitution in the premises.

                                                  Signature:
                                                            -------------------

Dated:
      -------------------------Prepared by MerrillDirect

EXHIBIT 10.2

FIRST AMENDMENT TO

SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP

OF

DUKE-WEEKS REALTY LIMITED PARTNERSHIP

 

          The
undersigned, as the General Partner of Duke-Weeks Realty Limited Partnership
(the "Partnership", hereby amends the Partnership's Second Amended
and Restated Agreement of Limited Partnership, as heretofore amended (the
"Partnership Agreement"), pursuant to Sections 4.02(a) and 9.05(a)(v)
of the Partnership Agreement, to add a new Exhibit O to read as provided in the attached
Exhibit
O. In all other respects, the Partnership Agreement shall continue
in full force and effect as amended hereby. Any capitalized terms used in this
agreement and not defined herein have the meanings given to them in the
Partnership Agreement.

	

Dated: 
  February 1, 2001.

  	 

  	 

  	 

  	 

  	 

  	 

  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	

DUKE-WEEKS REALTY CORPORATION,

  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	

as General Partner

  	 

  
	 
  	 
  	 
  	 
  	 
  	 
  	 
  	 
  	 
  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	

By:  

  

  	 

  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	 

  	

Matthew A. Cohoat

  	 

  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	 

  	

Senior Vice President and 

  Corporate Controller

  	 

  
	 

  	 

  	 

  	 

  	 

  	 

  	 

  	 

  	 

  
	 
  	 
  	 
  	 
  	 
  	 
  	 
  	 
  	 
  
											

 

 

 

 

 

 

 

Exhibit O

 

          Series I
Preferred Units. Pursuant to authority granted under Section 4.02(a)
of this Agreement, the General Partner hereby establishes a series of preferred
Units designated the 8.45% Series I Cumulative Redeemable Preferred Units
(Liquidation Preference $250.00 Per Unit)(the "Series I Preferred
Units") on the following terms:

          (a)      Number. The number of
authorized units of the Series I Preferred Units shall be 345,000 and shall at
all times be equal to the number of 8.45% Series I Cumulative Redeemable
Preferred Shares ("Series I Preferred Shares) issued by the General
Partner and then outstanding. Series I Preferred Units shall be issued only to
and held only by the General Partner.

          (b)      Relative Seniority. In respect of
rights to receive dividends and to participate in distributions or payments in
the event of any liquidation, dissolution or winding up of the Partnership, the
Series I Preferred Units shall rank (i) on a parity with any class or series of
Units of the Partnership ("Parity Units") ranking, as to the payment
of Distributions and as to the distribution of assets upon liquidation,
dissolution or winding up (whether or not the Distribution rates, Distribution
payment dates or redemption or liquidation prices per Unit thereof are
different from those of the Series I Preferred Units) if the holders of such
class or series of Units and the Series I Preferred Units shall be entitled to
the receipt of Distributions and of amounts distributable upon liquidation,
dissolution or winding up (taking into account the effects of allocations of
Profits, Losses and other items) in proportion to their respective amounts of
accrued and unpaid Distributions per Unit or liquidation preferences, without
preference or priority one over the other, (ii) senior to any class or series
of Units of the Partnership ranking, as to Distributions or upon liquidation,
junior to the Series I Preferred Units (collectively, "Junior Units")
and (iii) senior to the Common Units and any other class or series of Units of
the Partnership ranking, as to Distributions and upon liquidation, junior to
the Series I Preferred Units (collectively, "Fully Junior Units"). In
the event of a Terminating Capital Transaction and/or a liquidation,
dissolution or winding up of the Partnership, holders of Series I Preferred
Units shall be entitled to such Distributions as provided in Section 4.04 of
the Partnership Agreement, taking into account the required allocations of
Profits, Losses and other items to the Partnership as provided in Section 4.06
of the Partnership Agreement. Distributions to the holder of Series I Preferred
Units will be made prior to Distributions to holders of Junior Units or Fully
Junior Units or to other Partners in accordance with Capital Account positive
balances pursuant to Section 4.04(d). Nothing contained in Section 4.06 of the
Partnership Agreement or this Exhibit O shall prohibit the Partnership from
issuing additional Units which are Parity Units with Series I Preferred Units.

(c)      Distributions.

          (1)      The General Partner, as holder of the
then outstanding Series I Preferred Units, shall be entitled to receive, when
and as declared by the General Partner out of any funds legally available
therefor, cumulative Distributions at an initial rate of 8.45% per Unit per
year, payable in equal amounts of $5.28125 per Unit quarterly in cash on the
last day of each March, June, September and December or, if not a Business Day
(as hereinafter defined), the next succeeding Business Day beginning on March
31, 2001 (each such day being hereinafter called a “Quarterly Distribution
Date” and each period ending on a Quarterly Distribution Date being hereinafter
called a “Distribution Period”). 
Distributions shall be payable to the General Partner as holder of the
Series I Preferred Units at the close of business on the applicable record date
(the “Record Date”), which shall be on such date designated by the Partnership
for the payment of Distributions that is not more than 30 nor less than 10 days
prior to such Quarterly Distribution Date. The amount of any distribution
payable for any Distribution Period shorter than a full Distribution Period
(including the first Dividend Period) shall be prorated and computed on the
basis of a 360-day year of twelve 30-day months.  Distributions on each Series I Preferred Unit shall accrue and be
cumulative from and including the date of original issue thereof, whether or
not (i) Distributions on such units are earned and declared, (ii) the
Partnership has earnings, or (iii) on any Quarterly Distribution Date
there shall be funds legally available for the payment of Distributions.  Distributions paid on the Series I Preferred
Units in an amount less than the total amount of such Distributions at the time
accrued and payable on such units shall be allocated pro rata on a per Unit
basis among all such Series I Preferred Units at the time outstanding.  Except as provided in subparagraph (e)(2)(v)
and the last sentence of this paragraph, unless the full cumulative
Distributions on the Series I Preferred Units have been or contemporaneously
are declared and paid or declared and a sum sufficient for the payment thereof
set apart for payment for all past Distribution Periods and the then current
Distribution Period, no Distributions (other than Distributions payable solely in
Common Units or other Fully Junior Units) shall be declared or paid or set
aside for payment or other Distribution made upon the Common Units or any other
units of Partnership interest ranking junior to or on a parity with the Series
I Preferred Units as to Distributions or upon liquidation, nor shall any Common
Units, or any other units of Partnership interest ranking junior to or on a
parity with the Series I Preferred Units as to Distributions or upon
liquidation be redeemed, purchased or otherwise acquired for any consideration
(or any moneys be paid to or made available for a sinking fund for the
redemption of such units) by the Partnership or any subsidiary of the
Partnership (except for conversion into or exchange for such capital units of
the Partnership ranking junior to the Series I Preferred Units as to
Distributions and upon liquidation).  If
accrued Distributions on the Series I Preferred Units for all prior
Distribution Periods have not been paid in full, then any Distribution declared
on the Series I Preferred Units for any Distribution Period and on any series
of preferred units at the time outstanding ranking on a parity as to the
Distributions with the Series I Preferred Units will be declared ratably in
proportion to accrued and unpaid Distributions on the Series I Preferred Units
and such series of preferred units at the time outstanding ranking on a parity
as to Distributions with the Series I Preferred Units.

          “Business Day” shall mean any day, other than a Saturday or
Sunday, that is neither a legal holiday nor a day on which banking institutions
in New York City are authorized or required by law, regulation or executive
order to close.

          (2)      The amount of
any Distributions accrued on any Series I Preferred Units at any Quarterly
Distribution Date shall be the amount of any unpaid Distributions accumulated
thereon, to and including such Quarterly Distribution Date, whether or not
earned or declared, and the amount of Distributions accrued on any units of
Series I Preferred Units at any date other than a Quarterly Distribution Date
shall be equal to the sum of the amount of any unpaid Distributions accumulated
thereon, to and including the last preceding Quarterly Distribution Date,
whether or not earned or declared, plus an amount calculated on the basis of
the annual Distribution rate of 8.45% per unit, for the period after such last
preceding Quarterly Distribution Date to and including the date as of which the
calculation is made based on a 360-day year of twelve 30-day months.

          (3)      Except as
provided in this Exhibit O, the Series I Preferred Units shall not be entitled
to participate in the earnings or assets of the Partnership.

          (4)      Any
Distribution payment made on the Series I Preferred Units shall be first
credited against the earliest accrued but unpaid Distribution due with respect
to such units which remains payable.

          (5)      If, for any
taxable year, the Partnership elects to designate as “capital gain
Distributions” (as defined in Section 857 of the Code), any portion (the
“Capital Gains Amount”) of the Distributions paid or made available for the
year to holders of all classes of Units (the “Total Distributions”), then the
portion of the Capital Gains Amount that shall be allocated to the holders of
the Series I Preferred Units shall be the amount that the total Distributions
paid or made available to the holders of the Series I Preferred Units for the
year bears to the Total Distributions.

 

          (6)      No
Distributions on the Series I Preferred Units shall be authorized by the
General Partner or be paid or set apart for payment by the Partnership at such
time as the terms and provisions of any agreement of the Partnership, including
any agreement relating to its indebtedness, prohibit such authorization,
payment or setting apart for payment or provide that such authorization,
payment or setting apart for payment would constitute a breach thereof or a
default thereunder, or if such authorization or payment shall be restricted or
prohibited by law.  Notwithstanding the
foregoing, Distributions on the Series I Preferred Units will accrue whether or
not the Partnership has earnings, whether or not there are funds legally
available for the payment of such Distributions and whether or not such
Distributions are authorized.

(d)      Liquidation Rights.

          (1)      Upon the
voluntary or involuntary dissolution, liquidation or winding up of the
Partnership, the holders of the Series I Preferred Units then outstanding shall
be entitled to receive and to be paid out of the assets of the Partnership
available for distribution to the Partners, before any payment or distribution
shall be made on any Junior Units, the amount of $250.00 per Series I Preferred
Unit, plus accrued and unpaid Distributions thereon.

          (2)      After the
payment to the holders of the Series I Preferred Units of the full preferential
amounts provided for in this Exhibit O, the holders of the Series I Preferred
Units, as such, shall have no right or claim to any of the remaining assets of
the Partnership.

          (3)      If, upon any
voluntary or involuntary dissolution, liquidation, or winding up of the
Partnership, the amounts payable with respect to the preference value of the
Series I Preferred Units and any other units of the Partnership ranking as to
any such distribution on a parity with the Series I Preferred Units are not
paid in full, the holders of the Series I Preferred Units and of such other
units will share ratably in any such distribution of assets of the Partnership
in proportion to the full respective preference amounts to which they are
entitled.

          (4)      Neither the
sale, lease, transfer or conveyance of all or substantially all of the property
or business of the Partnership, nor the merger or consolidation of the
Partnership into or with any other entity or the merger or consolidation of any
other entity into or with the Partnership, shall be deemed to be a dissolution,
liquidation or winding up, voluntary or involuntary, for the purposes of this
Exhibit O.

(e)      Redemption by the Partnership.

          (1)      Optional
Redemption.  The General Partner
shall cause the Partnership to redeem one Series I Preferred Unit for each
Series I Preferred Share redeemed by the General Partner, at a price per Series
I Preferred Unit (the “Series I Redemption Price”), payable in cash, of
$250.00, together with all accrued and unpaid Distributions to and including
the date fixed for redemption (the “Series I Redemption Date”).  The Series I Preferred Units have no stated
maturity and will not be subject to any sinking fund or mandatory redemption
provisions.

          (2)      Procedures
of Redemption.

          (i)       The General Partner shall provide the
Partnership with a copy of any notice of redemption given by the General
Partner pursuant to Section (e)(2)(i) of Exhibit I to its Second Amended and
Restated Articles of Incorporation, as amended.  No failure to give such notice or any defect therein or in the
mailing thereof shall affect the validity of the proceedings for the redemption
of any Series I Preferred Units.

          (ii)      If notice
has been mailed by the General Partner in accordance with Section (e)(2)(i) of
Exhibit I to its Second Amended and Restated Articles of Incorporation, as
amended, and provided that on or before the Series I Redemption Date specified
in such notice all funds necessary for such redemption shall have been
irrevocably set aside by the Partnership, separate and apart from its other
funds in trust for the pro rata benefit of the holders of the Series I
Preferred Units so called for redemption, so as to be, and to continue to be
available therefor, then, from and after the Series I Redemption Date,
Distributions on the Series I Preferred Units so called for redemption shall
cease to accumulate, and said units shall no longer be deemed to be outstanding
and shall not have the status of Series I Preferred Units and all rights of the
General Partner as holder thereof (except the right to receive the Series I
Redemption Price) shall cease.  Upon
surrender, in accordance with such notice, of the certificates for any Series I
Preferred Units so redeemed (properly endorsed or assigned for transfer, if the
Partnership shall so require and the notice shall so state), such Series I
Preferred Units shall be redeemed by the Partnership at the Series I Redemption
Price.  In case fewer than all the
Series I Preferred Units represented by any such certificate are redeemed, a
new certificate or certificates shall be issued representing the unredeemed
Series I Preferred Units without cost to the holder thereof.

          (iii)     Any funds
deposited with a bank or trust company for the purpose of redeeming Series I Preferred
Units shall be irrevocable except that:

          (A)     the
Partnership or the General Partner, as the case may be, shall be entitled to
receive from such bank or trust company the interest or other earnings, if any,
earned on any money so deposited in trust; and

          (B)     any balance of
monies so deposited and unclaimed by the General Partner, as holder of the
Series I Preferred Units entitled thereto at the expiration of two years from
the applicable Series I Redemption Date shall be repaid, together with any interest
or other earnings earned thereon, to the Partnership, and after any such
repayment, the General Partner as holder of the units entitled to the funds so
repaid to the Partnership shall look only to the Partnership for payment
without interest or other earnings.

          (iv)     No Series I
Preferred Units may be redeemed except from proceeds from the sale or other
issuance of other equity interests of the Partnership.

(v)      Unless full accumulated distributions on
all Series I Preferred Units shall have been or contemporaneously are declared
and paid or declared and a sum sufficient for the payment thereof set apart for
payment for all past Distribution Periods and the then current Distribution
Period, no Series I Preferred Units shall be redeemed or purchased or otherwise
acquired directly or indirectly by the Partnership or any subsidiary of the
Partnership (except by conversion into or exchange for Fully Junior Units) and
no preferred units of the Partnership shall be redeemed unless all outstanding
Series I Preferred Units are simultaneously redeemed; provided, however, that
the foregoing shall not prevent the redemption of Series I Preferred Units to
preserve the REIT status of the General Partner or the purchase or acquisition
of Series I Preferred Units pursuant to a purchase or exchange offer made on
the same terms to holders of all outstanding Series I Preferred Units.  Notwithstanding the foregoing, in the case
of a Redemption Request (as defined below) which has not been fulfilled at the
time the General Partner gives notice of its election to redeem all or any
Series I Preferred Shares, the Series I Preferred Units which are the subject
of such pending Redemption Request shall be redeemed prior to any other Series
I Preferred Units.

 

(f)       Voting Rights.  Except as required by law, and as set forth
below, the holders of the Series I Preferred Units shall not be entitled to
vote at any meeting for any purpose or otherwise to participate in any action
taken by the Partnership or the Partners, or to receive notice of any meeting
of Partners.

         (1)      So long as any
Series I Preferred Units remain outstanding, the Partnership will not, without
the affirmative vote or consent of the holders of at least two-thirds of the
Series I Preferred Units outstanding at the time, given in person or by proxy,
either in writing or at a meeting (such series voting separately as a class),
(i) authorize or create, or increase the authorized or issued amount of,
any class or series of units ranking prior to the Series I Preferred Units with
respect to the payment of Distributions or the distribution of assets upon
liquidation, dissolution or winding up or reclassify any authorized units of
the Partnership into such units, or create, authorize or issue any obligation
or security convertible into or evidencing the right to purchase any such
units; or (ii) amend, alter or repeal the provisions of the Partnership’s
Amended and Restated Agreement of Limited Partnership, as amended, whether by
merger, consolidation or otherwise (an “Event”), so as to materially and
adversely affect any right, preference, privilege or voting power of the Series
I Preferred Units or the holders thereof; provided, however, with respect to
the occurrence of any of the Events set forth in (ii) above, so long as the Series
I Preferred Units remain outstanding with the terms thereof materially
unchanged, taking into account that upon the occurrence of an Event, the
Partnership may not be the surviving entity, the occurrence of any such Event
shall not be deemed to materially and adversely affect such rights,
preferences, privileges or voting power of holders of Series I Preferred Units
and provided further that (x) any increase in the amount of the authorized
preferred units or the creation or issuance of any other series of preferred
units, or (y) any increase in the amount of authorized Series I Preferred
Units or any other preferred units, in each case ranking on a parity with or
junior to the Series I Preferred Units with respect to payment of Distributions
or the distribution of assets upon liquidation, dissolution or winding up,
shall not be deemed to materially and adversely affect such rights,
preferences, privileges or voting powers.

                   The foregoing voting provisions will not apply if,
at or prior to the time when the act with respect to which such vote would
otherwise be required shall be effected, all outstanding Series I Preferred
Units shall have been redeemed or called for redemption and sufficient funds
shall have been deposited in trust to effect such redemption.

      (2)      On each matter
submitted to a vote of the holders of Series I Preferred Units in accordance
with this Exhibit O, or as otherwise required by law, each Series I preferred
Unit shall be entitled to ten (10) votes, each of which ten (10) votes may be
directed separately by the holder thereof.

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