Document:

Exhibit 10.2 Amendment No. 8 to LP Agreement

8th AMENDMENT
TO THE
THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP 
OF
SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP

THIS 8TH AMENDMENT TO THE THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP (this “Amendment”) is made and entered into on April 22, 2015 (“Effective Date”), by SUN COMMUNITIES, INC., a Maryland corporation (the “General Partner”), as the general partner of SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (the “Partnership”).  

RECITALS

A.    The General Partner wishes to clarify certain tax provisions that would apply upon the liquidation of the Partnership. 

B.    Article 13 of the Agreement authorizes the General Partner, as the holder of more than fifty percent (50%) of the OP Units, to amend the Agreement

NOW, THEREFORE, in consideration of the foregoing, of the mutual promises set forth herein, and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the General Partner, intending to be legally bound, agrees to continue the Partnership and amend the Agreement as follows:
    
1.    Section 6.1(b) of the Agreement is hereby deleted in its entirety and replaced with the following:

(b)    “Subject to Section 6.2 and 12.2(a), Losses for any Taxable Year shall be allocated in the following order and priority:
(i)    First, to each Partner (including the General Partner) holding OP Units other than Mirror A Preferred Units, who previously was allocated Profits pursuant to Section 6.1(a)(iii), in proportion to the amount of such Profits, until the cumulative amount of Losses so allocated are equal to the cumulative Profits allocated to such Partners for all prior periods;
(ii)    Second, to each Partner (including the General Partner) holding OP Units other than Mirror A Preferred Units, in proportion to their share of outstanding OP Units (other than the Mirror A Preferred Units), up to an amount which would cause each such Partner to have an Adjusted Capital Account Deficit; and
(iii)    Third, to the General Partner.

2.    Section 12.2(a) of the Agreement is hereby deleted in its entirety and replaced with the following:

“(a)    The Capital Accounts of the holders of the OP Units shall be adjusted to reflect the manner in which any unrealized income, gain, loss and deduction inherent in the Partnership’s property, which has not previously been reflected in the Partners’ Capital Accounts, would be allocated among the Partners if there were a taxable disposition of such property at fair market value on the date of distribution.  Any resulting increase in the Partners’ Capital Accounts shall be allocated, subject to Section 6.2: (i) first to the holders of the Preferred OP Units, Series A-1 Preferred Units 

and Series A-4 Preferred Units in proportions and amounts sufficient to bring their respective Capital Account balances up to the amount of the Issue Prices of their respective OP Units plus accrued and unpaid Preferred Dividends, Series A-1 Priority Return and Series A-4 Priority Return, as the case may be, thereon; (ii) second to the holders of the Series C Preferred Units in proportions and amounts sufficient to bring their respective Capital Account balances up to the amount of the Issue Price of the Series C Preferred Units plus accrued and unpaid Series C Priority Return thereon; (iii) third to the holders of the Series B-3 Preferred Units in proportions and amounts sufficient to bring their respective Capital Account balances up to the amount of the Issue Price of the Series B-3 Preferred Units plus accrued and unpaid Series B-3 Priority Return thereon; (iv) fourth to the holders of the Series A-3 Preferred Units in proportions and amounts sufficient to bring their respective Capital Account balances up to the amount of the Issue Price of the Series A-3 Preferred Units plus accrued and unpaid Series A-3 Priority Return thereon; and (v) fifth (if any) to the Common OP Units.  Any resulting decrease in the Partners’ Capital Accounts shall be allocated, subject to Section 6.2: (i) first to the holders of Common OP Units, in proportions and amounts sufficient to reduce their respective capital account balances to zero; (ii) second, to the holders of Series A-3 Preferred Units, in proportions and amounts sufficient to reduce their respective capital account balances to zero; (iii) third, to the holders of Series B-3 Preferred Units, in proportions and amounts sufficient to reduce their respective capital account balances to zero; (iv) fourth, to the holders of Series C Preferred Units, in proportions and amounts sufficient to reduce their respective capital account balances to zero; (v) fifth, to the holders of Preferred OP Units, Series A-1 Preferred Units and Series A-4 Preferred Units, in proportions and amounts sufficient to reduce their respective capital account balances to zero; and (vi) sixth, to the General Partner.” 
    
3.    Governing Law.  This Amendment shall be interpreted and enforced according to the laws of the State of Michigan.

4.    Full Force and Effect.  Except as amended by the provisions hereof, the Agreement shall remain in full force and effect in accordance with its terms and is hereby ratified, confirmed and reaffirmed by the undersigned for all purposes and in all respects.

5.    Successors/Assigns.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto, their respective legal representatives, successors and assigns.

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2

GENERAL PARTNER:
                        
Sun Communities, Inc., a Maryland corporation    

By: /s/ Karen J. Dearing                                                                     
Karen J. Dearing, Executive Vice President, Treasurer, Chief Financial Officer, and SecretaryExhibit 10.1 

 

FORM OF LOCK-UP AGREEMENT

 

________, 2015

 

 

Pyxis Tankers Inc.

K. Karamanli 59

Maroussi 15125, Greece

 

Ladies and Gentlemen:

 

In connection with
the Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 22, 2015, by and among Pyxis Tankers
Inc., a Marshall Islands corporation (“Pyxis” or the “Company”), Maritime Technologies Corp., a Delaware
corporation, LookSmart, Ltd., a Delaware corporation, and LookSmart Group, Inc., a Nevada corporation, in order to induce the parties
to consummate the transactions contemplated by the Merger Agreement, the undersigned agrees not to, either directly or indirectly,
during the “Restricted Period” (as hereinafter defined):

 

		(1)	sell or offer or contract to sell or offer, grant any option or warrant for the sale of, assign,
transfer, pledge, hypothecate, or otherwise encumber or dispose of (all being referred to as a “Transfer”) any
legal or beneficial interest in any Pyxis Shares (as defined in the Merger Agreement) issued to the undersigned in connection with
the Merger Agreement, or any other shares of Pyxis Common Stock or any securities convertible into or exercisable or exchangeable
for shares of Pyxis Common Stock, acquired on or after the Closing Date (as defined in the Merger Agreement) (collectively,
the “Restricted Securities”);

 

		(2)	enter into any swap or any other agreement or any transaction that transfers, in whole or in part,
directly or indirectly, the economic consequence of ownership of any of the Restricted Securities, whether such swap transaction
is to be settled by delivery of any Restricted Securities or other securities of any person, in cash or otherwise; or

 

		(3)	publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into
any transaction, swap, hedge or other arrangement relating to any of the Restricted Securities.

 

As used herein, “Restricted
Period” means the period commencing on the Closing Date and ending on the earlier of (i) the six (6) month anniversary
of the Closing Date or (ii) the day on which the Company consummates a Future Pyxis Offering (as defined in the Merger Agreement);
provided, however, that if an underwriter in the Future Pyxis Offering requests the undersigned to extend this Restricted
Period for a period of up to six (6) months following the closing of such offering, then the undersigned shall agree to such extension.

 

The restrictions contained
in the preceding paragraphs shall not apply to transactions relating to shares of Pyxis Common Stock or other securities acquired
in open market transactions; nor shall they apply to transfers of shares of Pyxis Common Stock for the purpose of satisfying any
tax or other governmental withholding obligation solely in connection with the issuance of the Pyxis Common Stock.

 

 

    	 

    	 

    

 

In addition, the
undersigned agrees not to, either directly or indirectly, during the twelve (12) month period following the Closing Date,
effect or agree to effect any short sale (as defined in Rule 200 under Regulation SHO of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”)), whether or not against the box, establish any “put equivalent
position” (as defined in Rule 16a-1(h) under the Exchange Act) with respect to the Restricted Securities, borrow or
pre-borrow any Restricted Securities, or grant any other right (including, without limitation, any put or call option) with
respect to the Restricted Securities or with respect to any security that includes, is convertible into or exercisable for or
derives any significant part of its value from the Restricted Securities or otherwise seek to hedge the undersigned’s
position in the Restricted Securities.

 

The undersigned hereby
authorizes the Company’s transfer agent to apply to any certificates representing Restricted Securities issued to the undersigned
the appropriate legend to reflect the existence and general terms of this Lock-up Agreement.

 

The
undersigned understands that this Lock-up Agreement is irrevocable and shall be legally binding on the undersigned’s heirs,
legal representatives, successors and permitted assigns, and is executed as an instrument governed by the law of New York.
This agreement shall be governed by and construed in accordance with the laws of the State of New
York, without regard to the conflicts of laws principles thereof.

 

Delivery of a signed
copy of this Lock-up Agreement by facsimile or other electronic transmission shall be effective as delivery of the original hereof.

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