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PZ - Signing Authority WRITTEN CONSENT (THIS "CONSENT") OF THE MEMBERS OF CENTERCAL PROPERTIES, LLC The undersigned, Fred Walter Bruning, as Trustee of The Bruning Family Trust, U/D/T October 30, 2007 ("Bruning"), and Jean Paul Wardy, as Trustee of The Wardy Family Trust, U/D/T December 13 , 2007 ("Wardy"), are acting by written consent without a meeting pursuant to Sections 18404(d) and 18-302(d), respectively, of the Delaware Limited Liability Company Act, 6 Del. Co § § 18- 1015 et se . , hereby waive notice of time, place and purpose of meeting and adopt and consent to the following resolutions as of �)t, 2020 : WHEREAS, Bruning and Wardy constitute all of the members (collectively, the "Members") of CenterCal Properties, LLC, a Delaware limited liability company (the "Company"); WHEREAS, the Company has entered into various agreements pursuant to which it acts as the managing agent and provides various services relating to the management of real property (the "PropertManager"); WHEREAS, the Company has entered into various agreements pursuant to which it acts as the development manager and provides various services relating to the development, renovation, redevelopment, repositioning, and construction management of real property (the "Development Manager"); WHEREAS, the Company has entered into various agreements pursuant to which it acts the leasing manager and provides various services relating to the leasing of real property (the "Leasing Manager"); and WHEREAS, pursuant to Section 2.04 of the Amended and Restated Limited Liability Company Agreement of the Company entered into effective as of January 1 , 2014 (the "LLC Agreement"), the Members desire to appoint or confirm the appointment of certain individuals as Officers of the Company as set forth on Exhibit 1 attached hereto, and to delegate to such Officers and to certain others as set forth herein the authority to approve and execute contracts, document agreements, permits, applications or other instruments on behalf of the Company to the extent, and only to the extent, set forth herein. Now THEREFORE, BE IT HEREBY RESOLVED, that the individuals named on Exhibit 1 as Key Executive Officers and Additional Executive Officers be, and hereby are, appointed to and/or confirmed as holding the offices of the Company as designated on Exhibit 1 , to serve until their successors are duly appointed or until their earlier resignation or removal . FURTHER RESOLVED, that each of the Key Executive Officers as designated on Exhibit 1 is authorized to execute contracts, document agreements, permits, applications or other instruments on behalf of the Company, and any action taken by such Key Executive Officers in accordance herewith, or each of them acting alone, shall constitute the act of and serve to bind the Company, which authority is not limited to and shall operate without any restriction applied by this Consent. 1035864.08/LA 132237-00001/10-28-20/ddWddh FURTHER RESOLVED, that each of the Additional Executive Officers designated by Exhibit 1 is hereby delegated the authority to take such actions and execute such agreements on behalf of the Company as are set forth on Exhibit 1 (as limited thereby), acting together or alone to the extent set forth therein, including on behalf of the Company as Property Manager, Development Manager, and/or Leasing Manager, as the case may be, to the extent permitted by the applicable agreement. FURTHER RESOLVED, that the individuals designated on Exhibit 1 as Other Authorized Signatories are hereby confirmed as holding the titles shown, to serve until their earlier resignation or removal, and that they are hereby delegated the authority to take such actions and execute such agreements on behalf of the Company as are set forth on Exhibit 1 (as limited thereby), including on behalf of the Company as Property Manager, Development Manager and/or Leasing Manager, as the case may be, to the extent permitted by the applicable agreement. FURTHER RESOLVED, that any action taken by the individuals, or each of them, pursuant to and within the bounds of the authority delegated as set forth herein, shall constitute the act of and serve to bind the Company. FURTHER RESOLVED, that the Officers and the other authorized signatories shall not be separately compensated for their services as an Officer or an authorized signatory. FURTHER RESOLVED, that the Members may amend Exhibit 1 from time to time to update the Additional Executive Officers and the Other Authorized Signatories, and the authority of each to act on behalf of the Company, and any such updated Exhibit 1 shall be deemed to replace the Exhibit 1 attached hereto . FURTHER RESOLVED, that this written consent may be executed by facsimile or electronic transmission and in counterparts, each of which will be deemed an original and all of which, when taken together, will constitute one and the same instrument. [Signature Page Follows] 1035864.08/LA 132237-00001/10-28-20/ddh/ddh -2- In Witness Whereof, the undersigned hereby consent to the foregoing actions as of the day and year first written above, "Bruning" •f� FRED WALTER BRUNING, as Trustee of the Bruning Family Trust, u/d/t October 30, 2007 "Wardv" DIs JEAN PAUL WARDY, as Trustee of the Wardy Family Trust, u/d/t December 13 , 2007 1035864.08/LA 132237-00001/10-28-20/ddwddn -3- Exhibit 1 Effective as of A�* 2020 APPOINTMENT OF OFFICERS AND OTHER AUTHORIZED SIGNATORIES Name Office Key Executive Officers Fred Walter Bruning Executive Chairman Jean Paul Wardy Chief Executive Officer Additional Executive Officers Sean Dennison Senior Vice President and General Counsel Peter Houck Senior Vice President of Properties Craig Ramey President, Pacific Northwest, Northern California and Ventura County, CA (aka, "President, PNW") Brent Taravella Executive Vice President and Chief Financial Officer Craig Trottier President, Intermountain Region (aka, "President, INM") Other Authorized Signatories to the Extent Set Forth on this Exhibit 1 Scott Arrington Vice President of Construction J. David Anderson PM General Manager Hugh Crawford PM General Manager Michael Pynn PM General Manager Izamar Hook PM General Manager Christopher Garrido Portfolio Direction of Operations Deepa Janha Vice President, Asset Management Paul Brett PM General Manager Krista Granger Deputy General Counsel Sandra Rollinson PM General Manager Linda Delimbo PM General Manager Edith Petrovics Senior Asset Manager 41 Exhibit Effective as of 2020 APPROVAL AND SIGNING AUTHORITY The individuals holding the positions noted are designated as Authorized Signatories with the authority to approve and sign those agreements and take those actions designated, subject to the limitations set forth under "Authorization Limit" . * Authorized Signatory Agreements and Other Authorization Limit Note Actions Category A LOIs Any authorized signatory 1 . Both Key Executive Officers to General Counsel SNDAs, Estoppels, Category A only be copied on final LOIs and Deputy General Counsel Confidentiality Leases/Amendments. Leases, lease Signatures of two (2) out 2. Due to the notarization Category B requirement, the WA leases amendments, and other of the Authorized President, PNW and amendments may be lease-related agreements Signatories are required President, IMN executed by one ( 1) of either President, CA and lease commission n any document, to agreements include at least one (1) of Category A or Category B, so the Category A long as the other party consents signatories and one (1) of via electronic mail or other the Category B verifiable form. signatories. See, 3 . The completed Lease however, Note section Execution Checklist adjacent re: WA leases. confirming conformance or variance to LAR, accompanied by the signatures of the relevant reviewing parties. Category A Bank authorized signer, Category A signatory Chief Financial Officer limited to interest rate only elections, fund transfers Category B within CenterCal, LLC General Counsel portfolio, and tenant automated clearing house applications Audit Engagement Category A signatory Letters with existing only auditors Loan Compliance Category A signatory Certificates only Insurance Applications Category A signatory only Loan Documents Signatures of two (2) out Any document to be executed pursuant of the Authorized to management committee resolution Signatories are required approval. on any document, to include at least one (1) of the Category A signatories and one (1) of the Category B signatories _2_ Authorized Signatory Agreements and Other Authorization Limit Note Actions Vendor Credit Category A only Applications Category A ' Purchase orders, work Signature of one 1 . Internal Policy : Category D is President, PNW orders or service Authorized Signatory is backup at the written direction President, IMN agreements required, subject to these of Category A. President, CA limitations: 2. All property-level agreements Category B Category A may sign to contain certain non- Senior VP of Properties unrestricted. negotiable criteria (the "CCL VP Asset Management Criteria") including such items Senior Asset Management Sponsorship, event and Category B may sign if as a required 30-day temporary license contract amount is less termination for convenience. Category C agreements than $ 150,000.00 and These criteria will be published PM General Managers contract is on the by either Key Executive Portfolio Director of Operations Company's standard Officer or the General Counsel, form, containing the and may be (i) omitted only Category D CCL Criteria. following consultation with General Counsel either Key Executive Officer, Chief Financial Officer Category C may sign if and (ii) altered only by term of less than 12 republication by a Key months, and contract Executive Officer. amount of less than $50,000.00 and contract 3 . Any license agreement that is is on the Company's either being executed for aterm standard form, or renewed following its containing the CCL original term should be Criteria. discussed with the applicable permanent leasing representative for the region to gauge interest in a permanent deal or assess any conflict with a permanent tenant. Category A Construction Signatures of two (2) out 1 . If the change order exception is President, PNW Contracts/Architects of the Authorized triggered, the action item must President, IMN Agreements/Consultant Signatories are required come back before internal President, CA Agreements / Contracts/ on any document, to Investment Committee. Change Orders/ include at least one (1) Category B Construction Change being the Category C 2. Termination of a contract in Vice President of Construction Authorizations/ Bid signatories. Must contain excess of $ 1 ,000,000.00 must Tabulation Approval — the CCL Criteria. be made pursuant to internal Category C execution, amendment Investment Committee General Counsel or termination Category A may sign up approval. to $1 ,000,000,00, unless a change order or 3 . The following documents may amendment would cause only be executed pursuant to the contract continency Investment Committee amount to become less Approval: than 5% of the remaining -3- Authorized Signatory Agreements and Other Authorization Limit Note Actions contract amount. Must a. A contract or change order contain the CCL Criteria. for the design or construction of any new Category B may sign up building or edifice; to $50,000.00, unless a b. Any contract or change change order would order for design or cause the contract construction with a value continency amount to in excess of become less than 5% of $ 1 ,000,000.00; or the remaining contract c. Any contract for the design amount. Must contain the or construction of a build- CCL Criteria. to-suit tenant improvement package. 4. All documents under this category shall contain certain non-negotiable criteria (the "CCL Criteria") including such items as a required 30-day termination for convenience. These criteria will be published by either Key Executive Officer or the General Counsel, and may be (i) omitted only following consultation with either Key Executive Officer, and (ii) altered only by republication by a Key Executive Officer. 5 . Zero Dollar Change Orders on Tenant Improvement contracts may be approved and advanced by the applicable Tenant Services. President, PNW Permit Applications/ Signature of any President, IMN Utility Agreement authorized signatory President, CA General Counsel Category A Purchase and Sale I . All of the foregoing will be President, PNW Agreements (Land) (as performed solely pursuant to President, IMN well as major ground Investment Committee President, CA lease documents); approval. amendments to the Category B foregoing; documents 2. All purchase agreements will General Counsel ancillary thereto be governed by management committee approval and certain Major property required criteria. governance documents e. ., covenants, -4- Authorized Signatory Agreements and Other Authorization Limit Note Actions conditions and restrictions; condominium documents, etc.) Waiver of termination right regarding due diligence Category A Settlement of litigation. Signatures of two (2) out 1 . All settlements in excess of the President, PNW of the Authorized authorization limit shall be President, IMN Signatories are required approved via email by a Key President, CA on any document, to Executive Officer. include at least (a) one Category B (1) of the Category A 2. The executing parry from General Counsel signatories and, (b) one Category B or Category C shall (1) of either the Category execute only after informing Category C B signatory or the the non-executing party. Chief Financial Officer Category C signatory if amount in controversy is $200,000.00 or less. Chief Financial Officer Corporate shared Not to exceed a limit of services agreements $100,000,00, (i.e., agreements for the operations of CenterCal Properties, LLC), and any amendments or work orders thereto. -5- * In the event of temporary unavailability, any Additional Executive Officer may assign its authority to any other Additional Executive Officer, provided that (a) the same is done in writing via electronic mail, with a copy to the General Counsel, (b) each Key Executive Officer is informed of the same, and (c) the assignment is with specificity as to both scope and duration. APPROVED AND EFFECTIVE AS OF THE DATE SET FORTH ABOVE, THIS REPLACES ANY PRIOR DATED EXHIBIT 1 . "Bruning" FRED WALTER BRUNING, as Trustee of the Bruning Family Trust, u/d/t October 30, 2007 " Wardy" JEAN PAUL RD as Trustee of the Warily Family Trust, u/d/t December 13 , 2007 -6.