SEC Contract Filing

Filing Date: 2018-09-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>a8-kexhibit101reitii092120.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
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<div><a name="sE3E68D40919187A3FBEBF79AD7D28A00"></a></div><div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 10.1</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">FOURTH AMENDMENT TO THE </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">AMENDED AND RESTATED</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">LIMITED PARTNERSHIP AGREEMENT </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">OF</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">CARTER VALIDUS OPERATING PARTNERSHIP II, LP</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">The Amended and Restated Limited Partnership Agreement, dated June 10, 2014, as amended by that First Amendment thereto, dated December 28, 2015, that Second Amendment thereto, dated February 9, 2017, and that Third Amendment thereto, dated February 21, 2018 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">LP Agreement</font><font style="font-family:inherit;font-size:12pt;">&#8221;), of Carter Validus Operating Partnership II, LP (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Partnership</font><font style="font-family:inherit;font-size:12pt;">&#8221;), a Delaware limited partnership, is hereby further amended, effective January 1, 2018, by this FOURTH AMENDMENT TO THE AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF CARTER VALIDUS OPERATING PARTNERSHIP II, LP (this &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Fourth Amendment</font><font style="font-family:inherit;font-size:12pt;">&#8221;), entered into by Carter Validus Mission Critical REIT II, Inc., a Maryland corporation holding both general partner and limited partner interests in the Partnership (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">General Partner</font><font style="font-family:inherit;font-size:12pt;">&#8221;), on September 21, 2018. Carter Validus Advisors II, LLC, a Delaware limited liability company holding a special limited partner interest in the Partnership (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Special Limited Partner</font><font style="font-family:inherit;font-size:12pt;">&#8221;), joins in this Fourth Amendment to acknowledge its necessity but acknowledges that its consent is not needed to adopt this Fourth Amendment. </font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Background</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">The provisions of Sections 6221 through 6241 of the Internal Revenue Code of 1986, as amended by the Bipartisan Budget Act of 2015 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">BBA Provisions</font><font style="font-family:inherit;font-size:12pt;">&#8221;), substantially revised the rules regarding Internal Revenue Service (&#8220;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">IRS</font><font style="font-family:inherit;font-size:12pt;">&#8221;) audits of entities that are taxed as partnerships for Federal income tax purposes, effective as of January 1, 2018. The General Partner of the Partnership is adopting this Fourth Amendment to amend the provisions of the LP Agreement applicable to IRS audits to reflect the BBA Provisions.</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">For the reasons described above, the General Partner of the Partnership hereby agrees as follows:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:16px;padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:138%;font-size:12pt;padding-left:0px;"><font style="font-family:inherit;font-size:12pt;color:#010000;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:138%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Defined Terms</font><font style="font-family:inherit;font-size:12pt;">. Capitalized terms used but not defined in this Fourth Amendment shall have the meanings assigned in the LP Agreement.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-bottom:16px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:138%;font-size:12pt;padding-left:0px;"><font style="font-fa