Hilltop Holdings Inc.
EX-10.11.1
<DOCUMENT>
<TYPE>EX-10.11.1
<SEQUENCE>2
<FILENAME>hth-20211231xex10d11d1.htm
<DESCRIPTION>EX-10.11.1
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge  9.11.0.85--><!--Created on: 2/15/2022 08:02:44 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;min-height:14.4pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:right;margin:0pt;"><b style="font-weight:bold;">EXHIBIT 10.11.1</b></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:12pt 0pt 12pt 0pt;"><b style="font-family:'Times New Roman Bold';font-weight:bold;">FIRST AMENDMENT TO CO-</b><b style="font-family:'Times New Roman Bold';font-weight:bold;text-transform:uppercase;">Owners </b><b style="font-family:'Times New Roman Bold';font-weight:bold;">AGREEMENT<br></b><font style="font-family:'Times New Roman Bold';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:6pt 0pt 12pt 0pt;">THIS FIRST AMENDMENT TO THE CO-OWNERS AGREEMENT (&quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">First Amendment</i>&quot;) is entered into to be effective as of the 31<sup style="font-size:9pt;vertical-align:top;">st</sup> day of December&#160;2021 (the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">First Amendment Effective Date</i>&quot;), by and among <b style="font-family:'Times New Roman Bold';font-weight:bold;text-transform:uppercase;">Diamond Hillcrest</b>, LLC, a Texas limited liability company (&quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Ford Owner</i>&quot;), <b style="font-family:'Times New Roman Bold';font-weight:bold;text-transform:uppercase;">HTH Hillcrest Project LLC</b>, a Texas limited liability company (&quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Hilltop Owner</i>&quot;), and <b style="font-family:'Times New Roman Bold';font-weight:bold;text-transform:uppercase;">SPC Park Plaza Partners LLC,</b> a Texas limited liability company (&quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">SPC Owner</i>&quot;) (together with any other persons or parties who acquire an interest and assume the rights and obligations hereunder by written instrument, each sometimes referred to as a &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Co-Owner</i>&quot; or collectively as the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Co-Owners</i>&quot;), with reference to the facts set forth below:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:12pt 0pt 12pt 0pt;"><b style="font-family:'Times New Roman Bold';font-weight:bold;">RECITALS:</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:6pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">A.</font></font>The Co-Owners entered into that certain Co-Owners Agreement dated effective as of July&#160;31,&#160;2018 (the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Agreement</i>&quot;) governing the ownership, development and operation of the property known as Hilltop Plaza at 6565 Hilltop Avenue, Dallas, Texas (the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Project</i>&quot;), all as more particularly set forth in the Agreement. </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:6pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">B.</font></font>To finance the acquisition of their interest in and development of the Project, the Co-Owners obtained a loan from Comerica Bank in the principal amount of Forty Million, Seven Hundred Fifty Thousand and No/100 Dollars ($40,750,000.00) (the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">Comerica Loan</i>&quot;). The term of the Comerica Loan expires on December&#160;31,&#160;2021.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:6pt 0pt 12pt 0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">C.</font></font>The Co-Owners are obtaining a new loan in the principal amount of Forty-Eight Million and No/100 Dollars ($48,000,000.00) (the &quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">NDB&amp;T Loan</i>&quot;) from North Dallas Bank &amp; Trust Co. (&quot;<i style="font-style:italic;text-decoration:underline;text-decoration-color:#000000;">NDB&amp;T</i>&quot;) to refinance the Comerica Loan, and desire to amend the Agreement to acknowledge for purposes of the Agreement the transition of mortgage financing from Comerica Bank to NDB&amp;T.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:36pt;margin:0pt;"><font style="font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;text-indent:36pt;margin:0pt;"><b style="font-weight:bold;">AGREEMENTS:</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;"><font style="display:inline-block;visibility:hidden;width:0pt;">&#8203;</font><br></b><font style="display:inline-block;width:36pt;"></font><b style="font-weight:bold;">NOW THEREFORE</b>, for ten dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agree as follows:</p><div style="margin-top:6pt;"></div><div style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-left:0pt;margin-top:0pt;text-align:justify;text-indent:36pt;"><font style="display:inline-block;font-family:'Times New Roman';min-width:36pt;text-indent:0pt;white-space:nowrap;">1.</font><u style="text-decoration:underline;text-decoration-color:#000000;">Definitions</u>. &#160;Except as otherwise expressly provided in this First Amendment, all capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement.</div><div style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-left:0pt;margin-top:6pt;text-align:justify;text-indent:36pt;"><font style="display:inline-block;font-family:'Times New Roman';min-width:36pt;text-indent:0pt;white-space:nowrap;">2.</font><u style="text-decoration:underline;text-decoration-color:#000000;">Amended Definitions</u>. &#160;Effective as of the date of funding and closing of the NDB&amp;T Loan and payment in full of the Comerica Loan, the following terms used in the Agreement shall be amended, restated and redefined as follows for all purposes of the Agreement from and after the First Amendment Effective Date:</div><div style="margin-top:12pt;"></div><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman';font-size:12pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">(a)</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot;</font><i style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:italic;font-weight:normal;text-align:justify;text-decoration:underline;text-decoration-color:#000000;">Lender</i><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot; shall mean and refer to North Dallas Bank &amp; Trust Co., its successors and/or assigns.</font></td></tr></table></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:11.76%;margin-right:11.76%;margin-top:30pt;page-break-after:always;width:76.47%;border-width:0;"><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman';font-size:12pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">(b)</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot;</font><i style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:italic;font-weight:normal;text-align:justify;text-decoration:underline;text-decoration-color:#000000;">Loan</i><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot; shall mean and refer to a loan in the principal amount of FORTY-EIGHT MILLION AND NO/100 DOLLARS ($48,000,000.00) from Lender to the Co-Borrowers, evidenced, governed and secured by the Loan Documents.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman';font-size:12pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">(c)</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot;</font><i style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:italic;font-weight:normal;text-align:justify;text-decoration:underline;text-decoration-color:#000000;">Loan Documents</i><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot; shall mean and refer to, collectively: (i) that certain Loan Agreement entered into by and between the Co-Borrowers and Lender in connection with the Loan and dated as of the First Amendment Effective Date, (ii) the Note, (iii) the Deed of Trust, and (iv) an Environmental Indemnity Agreement executed by the Co-Borrowers and James E. Strode in favor of Lender, dated of even date with the Loan Agreement; together with such other documents and agreements as may from time to time evidence or secure the Loan.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman';font-size:12pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">(d)</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot;</font><i style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:italic;font-weight:normal;text-align:justify;text-decoration:underline;text-decoration-color:#000000;">Note</i><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot; shall mean and refer to a Promissory Note in the original principal amount of FORTY EIGHT MILLION AND NO/100 DOLLARS ($48,000,000.00) executed by the Co-Borrower and payable to the order of Lender, dated of even date with the Loan Agreement.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Times New Roman';font-size:12pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">(e)</td><td style="padding:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot;</font><i style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:italic;font-weight:normal;text-align:justify;text-decoration:underline;text-decoration-color:#000000;">Deed of Trust</i><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;font-style:normal;font-weight:normal;text-align:justify;">&quot; shall mean and refer to a Leasehold Deed of Trust, Assignment of Rents, Security Agreement, Fixture Filing and Financing Statement executed by the Co-Borrowers to a Trustee for the benefit of Lender to secure payment of the Note, dated of even date with the Loan Agreement.</font></td></tr></table><div style="margin-top:12pt;"></div><div style="margin-top:6pt;"></div><div style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-left:0pt;margin-top:0pt;text-align:justify;text-indent:36pt;"><font style="display:inline-block;font-family:'Times New Roman';min-width:36pt;text-indent:0pt;white-space:nowrap;">3.</font><u style="text-decoration:underline;text-decoration-color:#000000;">Consent to Refinancing</u>. &#160;Pursuant to Section 6.02(a) of the Agreement, by their execution of this First Amendment the Co-Owners unanimously approve and consent to (i) the execution and delivery of the Loan Documents with NDB&amp;T and the closing of the Loan from NDB&amp;T to refinance the mortgage indebtedness on the Project, (ii) the granting of liens upon and security interests in their respective ownership interests in the Project to secure payment of the Loan from NDB&amp;T, and (iii) the payment in full, satisfaction of and termination of the Comerica Loan. &#160;The Co-Owners hereby approve the Loan Documents with NDB&amp;T.</div><div style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:12pt;margin-left:0pt;margin-top:6pt;text-align:justify;text-indent:36pt;"><font style="display:inline-block;font-family:'Times New Roman';min-width:36pt;text-indent:0pt;white-space:nowrap;">4.</font><u style="text-decoration:underline;text-decoration-color:#000000;">Address for Notice</u>. &#160;By execution of this First Amendment, each of the Co-Owners gives notice to all other Co-Owners of its new address for notice under the Agreement, which addresses for the Co-Owners, respectively, are set forth on the signature pages to this First Amendment. &#160;The Agreement is hereby amended for all purposes thereof, including specifically, but without limitation, Section 10.06(a) and Section 10.13(a), to provide that the applicable address for notice to each Co-Owner is the address specified for that Co-Owner on its signature page attached to this First Amendment.</div><div style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin-bottom:0pt;margin-left:0pt;margin-top:6pt;text-align:justify;text-indent:36pt;"><font style="display:inline-block;font-family:'Times New Roman';min-width:36pt;text-indent:0pt;white-space:nowrap;">5.</font><u style="text-decoration:underline;text-decoration-color:#000000;">Miscellaneous.</u> &#160;Except as set forth in this First Amendment, the Agreement remains unchanged and in full force and effect. &#160;This First Amendment may be executed in any number of counterparts, each of which shall be an original, but all of which taken together shall constitute one and the same First Amendment. &#160;Signatures to this First Amendment conveyed by facsimile or e-mail shall be deemed and given full force and effect as an original executed copy. &#160;The headings contained in this First Amendment have been inserted for convenience of reference only and in no way define or limit the scope of interpretation of this First Amendment. &#160;This First Amendment, as well as the Agreement, shall inure to the benefit of and be binding upon the Co-Owners and their respective successors and assigns.</div><div style="margin-top:12pt;"></div><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:center;margin:6pt 0pt 12pt 0pt;">(<i style="font-style:italic;">Signature Pages Follow</i>)</p><p style="display:none;font-size:12pt;line-height:0pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:11.76%;margin-right:11.76%;margin-top:30pt;page-break-after:always;width:76.47%;border-width:0;"><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:-0pt 0pt 12pt 0pt;">Executed by the undersigned to be effective as of the First Amendment Effective Date.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 12pt 216pt;"><b style="font-weight:bold;text-transform:uppercase;">Co-owners</b><b style="font-weight:bold;">: </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 12pt 216pt;"><font style="font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><b style="font-weight:bold;">DIAMOND HILLCREST, LLC</b>, <br>a Texas limited liability company </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">By:   </font><u style="text-decoration:underline;text-decoration-color:#000000;">/s/ GARY SHULTZ</u><u style="text-decoration:underline;text-decoration-color:#000000;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:128.33pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Name: Gary Shultz</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Title:   Vice President</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="font-family:'Times New Roman Bold';font-weight:bold;margin-left:0pt;text-transform:uppercase;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Notice Address:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">6565 Hillcrest, 6<sup style="font-size:9pt;vertical-align:top;">th</sup> Floor</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Dallas, Texas  75205</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Attn: Mr. Gary Shultz<font style="display:inline-block;width:146.01pt;"></font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Telephone Number:  (214) 871-5938</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Email:  </font>gshultz@diamond-a.com </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">With a copy to:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">William C. Wilshusen</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Haynes and Boone, LLP</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Suite 700</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">2323 Victory Avenue</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Dallas, TX 75219</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Telephone Number:  (214) 651-5595</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">E-mail:  </font>william.wilshusen@haynesboone.com</p><p style="display:none;font-size:12pt;line-height:0pt;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:11.76%;margin-right:11.76%;margin-top:30pt;page-break-after:always;width:76.47%;border-width:0;"><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="font-family:'Times New Roman Bold';font-weight:bold;margin-left:0pt;text-transform:uppercase;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><b style="font-family:'Times New Roman Bold';font-weight:bold;text-transform:uppercase;">HTH Hillcrest Project LLC</b>, <br>a Texas limited liability company</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">By: Hilltop Holdings Inc., its sole member</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 238.5pt;">By: <u style="text-decoration:underline;text-decoration-color:#000000;">/s/ COREY PRESTIDGE</u><u style="text-decoration:underline;text-decoration-color:#000000;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:86.48pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 238.5pt;">Name: Corey G. Prestidge</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 238.5pt;">Title: EVP &amp; General Counsel</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Notice Address:<br><font style="margin-left:0pt;text-decoration:underline;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">c/o Hilltop Holdings Inc.</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">6565 Hillcrest, Suite 600</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Dallas, Texas  75205</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Attn: Mr. Corey G. Prestidge<font style="display:inline-block;width:112.01pt;"></font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Telephone Number:  (214) 525-4647</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Email:  </font>cprestidge@hilltop-holdings.com</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">With a copy to:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">1445 Ross Ave, Suite 3800</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Dallas, Texas 75202</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Attn: Mr. K. Brock Bailey</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Telephone Number:  (214) 758-1076</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Email:  </font>brock.bailey@bracewell.com</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="display:none;font-family:'Arial','Helvetica','sans-serif';font-size:12pt;line-height:0pt;margin:0pt 0pt 0pt 216pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:0pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:11.76%;margin-right:11.76%;margin-top:30pt;page-break-after:always;width:76.47%;border-width:0;"><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman Bold';font-size:12pt;font-weight:bold;text-align:justify;margin:0pt;"><font style="display:inline-block;width:216pt;"></font>SPC PARK PLAZA PARTNERS LLC,</p><p style="font-family:'Times New Roman Bold';font-size:12pt;font-weight:bold;text-align:justify;margin:0pt 0pt 0pt 216pt;"><font style="font-family:'Times New Roman','Times','serif';font-weight:normal;">a Texas limited liability company,</font></p><p style="font-family:'Times New Roman Bold';font-size:12pt;font-weight:bold;text-align:justify;margin:0pt 0pt 0pt 216pt;"><font style="font-family:'Times New Roman','Times','serif';font-weight:normal;margin-bottom:12pt;margin-left:0pt;margin-top:12pt;text-transform:uppercase;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt 0pt 0pt 216pt;">By:<font style="display:inline-block;width:18.66pt;"></font>SPC Hillcrest LP<b style="font-weight:bold;">, </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 0pt 216pt;">a Texas limited partnership, </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 216pt;">its sole member and manager</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 216pt;">By: <font style="display:inline-block;width:15.66pt;"></font>SPC Hillcrest General LLC, </p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font>a Texas limited liability company</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font>its General Partner</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="white-space:pre-wrap;">By:  </font><u style="text-decoration:underline;text-decoration-color:#000000;">/s/ JIM STRODE</u><u style="text-decoration:underline;text-decoration-color:#000000;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:1.32pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u><u style="text-decoration:underline;text-decoration-color:#000000;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:36pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u><u style="text-decoration:underline;text-decoration-color:#000000;"><u style="display:inline-block;overflow:hidden;position:relative;text-align:justify;text-align-last:justify;text-decoration:underline;text-indent:0pt;vertical-align:bottom;white-space:normal;width:36pt;">&#8203; &#8203;<font style="display:inline-block;height:0pt;width:100%;"></font></u></u></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font>Name: Jim Strode</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 252pt;">Title:<font style="display:inline-block;width:10.01pt;"></font>Manager</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-align:justify;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Notice Address:<br><font style="margin-left:0pt;text-decoration:underline;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">c/o Strode Property Company</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 180pt;">6565 Hillcrest Avenue, Suite 210</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;text-indent:36pt;margin:0pt 0pt 0pt 180pt;">Dallas, Texas 75205</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Telephone No.:  (214) 361-6900</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Attn: Jim Strode or Adam Richey</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="white-space:pre-wrap;">Email:  </font>jstrode@strodeproeprtycompany.com</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">With a copy to:</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;"><font style="margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Kane Russell Coleman Logan PC<br>901 Main Street, Suite 5200</p><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt 0pt 0pt 216pt;">Dallas, TX 75202<br><font style="white-space:pre-wrap;">Attn:  Raymond J. Kane<br>Telephone No.: 214-777-4290<br></font><font style="white-space:pre-wrap;">Email:  </font>rkane@krcl.com</p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:12pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-left:11.76%;margin-right:11.76%;margin-top:30pt;page-break-after:avoid;width:76.47%;border-width:0;"></body></html>
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