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Sample Development Management Agreement

Parties Tranquility Investments (QLD) Pty Ltd ACN 158 407 419 of Fairfax House, level 5, 19-31 Pitt Street, Sydney NSW 2000 (Quantum) and Dandina Pty Ltd ACN 167 219 481 as agents for the Occitan Trust of Glavale Road Cnr of Brisbane Highway Valley, Fernvale QLD 4306 (Murdoch) (joint ventures) Tranquility Developments (QLD) Pty Ltd ACN 167 107 468 of Fairfax House, Level 4, 19-31 Pitt Street, Sydney NSW 2000 (Development Manager) Joint venture agreement for the project. The development manager was tasked by the joint ventures to carry out the work in the countryside and as a management company for the development of the project. The development manager carries out or procures the work in accordance with this agreement. The joint venture and the development manager have agreed to put in place this agreement for the registration of the rights of the contracting parties, commitments and rights relating to THIS DEVELOPPEMENT GESTION ACCORD (this “agreement”) is set for 22 September 2010 dated to and between LR8 OWNER, LLC, a Delaware limited liability company (the “owner”), TNHC REALTY AND CONSTRUCTION, INC., a Delaware company (“TRC”) and the New Home Company of Southern California, a limited liability company located in Delaware (the administrative member and with TRC is collectively known as “manager”). . The Commission designates the Agency`s commission that the development manager must pay to an agent/importer under a sales contract, up to 3% of the purchase price. THIS TWO AMENDE AND RESTATED DEVELOPMENT MANAGEMENT AGREEMENT MIS IN VIGUEUR ON APRIL 21, 2017 (the “effective date”), from and under Heritage Fields EL TORO, LLC, a limited liability company in Delaware (“owner”), Five Point Communities Management, INC., a Delaware company (“Manager”), for the sole purposes of Section 4.8, FIVE POINT OPERATING COMPANY, LLC, of a Delaware limited liability company (the “operating company”) and, for the purposes of Sections 4.7 and 4.8, managers and owners are sometimes referred to as “party” and collectively “party.” This DEVELOPPEMENT GESTION AGREEMENT (the “agreement”) which was concluded from November 9, 2018 (“effective date”) of and between GRAIN BELT EXPRESS LINE LLC, an Indiana limited company (“owner”), GRAIN BELT EXPRESS HOLDING LLC, a limited liability company in Delaware (“Holdings” and with the owner, collectively the “owner parties”) and INVENERGY TRANSMISSION LLC, a limited liability company in Delaware, was collectively named “parties.” THIS DEVELOPPEMENT GESTION ACCORD (“this” agreement” will be concluded and concluded on January 18, 2018 (“Date of effect”) between IBG REAL ESTATE HOLDINGS II, INC., a Texas company (“owner”), and KDC MCKINNEY DEVELOPMENT ONE LLC, a Texas limited liability company (“Manager”).