CONTRACT 3364B Amendment SECOND AMENDMENT TO PROPERTY MANAGEMENT AGREEMENT BETWEEN THE
EL SEGUNDO SENIOR CITIZEN HOUSING CORPORATION AND CADMAN GROUP,A
CALIFORNIA CORPORATION
This SECOND AMENDMENT("Amendment")to the PROPERTY MANAGEMENT
AGREEMENT BETWEEN THE EL SEGUNDO SENIOR CITIZEN HOUSING CORPORATION
AND NEIL R. CADMAN DBA CADMAN GROUP (since incorporated as Cadman Group, Inc., a
California Corporation)dated October 1, 2004 ("Agreement")is made and entered into this 26th day
of October, 2011,by and between the El Segundo Senior Citizen Housing Corporation,a California
nonprofit public benefit corporation("Owner")and Cadman Group, Inc.,a California Corporation
("Manager").
1. Section 1.4 of the Agreement is hereby amended to read as follows:
1.4 TERM
The term of this Agreement shall extend to and including ,dcT0660C 3I ,20iL
subject to the provisions set forth in Section 19 regarding termination.
2. Section 15.1 of the Agreement is hereby amended to read as follows:
15.1 FEE FOR MANAGEMENT SERVICES
For its proper performance of all the services as set forth herein,MANAGER will be paid the
fee of Twelve Thousand Three Hundred Thirty-Three Dollars and Thirty-Three Cents
($12,333.33)per month. Management fees may be increased or otherwise modified in
subsequent years by written addenda to this Agreement.
2. This Amendment may be executed in any number or counterparts,each of which will be an
original,but all of which together constitute one instrument executed on the same date.
3. Except as otherwise provided herein, all terms and conditions of the Agreement shall remain in
MI force and effect.
IN WITNESS HEREOF, the parties hereto have affixed their respective signatures this 26th
day of October,2011.
EL SEGUNDO SENIOR CITIZENS CADMAN GROUP,INC.
HOUSING CORPORATION NEI CA IJ AN, PRESIDENT
President Neil R. Cadman
Chief°Financial Officer Taxpayer ID
087