SEC Contract Filing

Filing Date: 2020-02-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.1.3
<SEQUENCE>5
<FILENAME>bkd10kexhibit1013123119.htm
<DESCRIPTION>EXHIBIT 10.1.3
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
 <!-- Document created using Wdesk 1 -->
 <!-- Copyright 2020 Workiva -->
 <title>Exhibit</title>
	</head>
	<body><div style="font-family:Times New Roman;font-size:10pt;">
<div><a name="scc86fc2400df432890255547bb200664"></a></div><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 10.1.3</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">AMENDMENT NO. 1 TO THE EQUITY INTEREST PURCHASE AGREEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">This Amendment No. 1 to the Equity Interest Purchase Agreement, dated as of October 29, 2019 (this &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), is entered into by and among (a) (i) BKD CCRC PropCo Holdco Member, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">PropCo Seller</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (ii) BKD CCRC OpCo Holdco Member, LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">OpCo Seller</font><font style="font-family:inherit;font-size:12pt;">&#8221; and, together with PropCo Seller, &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Sellers</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (b) (i) HCP S-2014 Member LLC, a Delaware limited liability company (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">PropCo Purchaser</font><font style="font-family:inherit;font-size:12pt;">&#8221;), and (ii) S-H 2014 OpCo TRS, Inc., a Delaware corporation (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">OpCo Purchaser</font><font style="font-family:inherit;font-size:12pt;">&#8221; and, together with PropCo Purchaser, &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Purchasers</font><font style="font-family:inherit;font-size:12pt;">&#8221;).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">RECITALS</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Sellers, Purchasers, solely for the purposes of </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 4.3</font><font style="font-family:inherit;font-size:12pt;">&#32;of the Agreement, Brookdale Senior Living Inc., a Delaware corporation, and, solely for purposes of </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 2.3</font><font style="font-family:inherit;font-size:12pt;">&#32;and </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 4.6</font><font style="font-family:inherit;font-size:12pt;">&#32;of the Agreement, HCP, Inc., a Maryland corporation, entered into the Equity Interest Purchase Agreement, dated as of October 1, 2019 (as amended from time to time, the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), for the purchase and sale of the JV Interests; and </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Sellers and Purchasers desire to amend the Agreement in accordance with </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 9.4</font><font style="font-family:inherit;font-size:12pt;">&#32;of the Agreement.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NOW, THEREFORE, in consideration of the foregoing and the representations, warranties, covenants and agreements contained in this Amendment and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, Sellers and Purchasers hereby agree as follows:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 1.1</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;">All capitalized terms used herein shall have the meanings set forth in the Agreement, unless the context indicates otherwise.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 1.2</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;">The Recitals to the Agreement shall be amended by deleting &#8220;Freedom Village Bradenton (FL)&#8221; from the definition of &#8220;Sale Facilities.&#8221;</font></div><div style="line-height:120%;padding-bottom:16px;pa