1
EXHIBIT 3.2
AMB PROPERTY, L.P.
FIRST AMENDMENT TO
FOURTH AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP
This First Amendment (this "AMENDMENT") is made as of November 7, 2000, by
AMB Property Corporation, a Maryland corporation, as general partner ("GENERAL
PARTNER") of AMB Property L.P., a Delaware limited partnership (the
"PARTNERSHIP"), and as attorney-in-fact for each of the limited partners of the
Partnership (collectively, the "LIMITED PARTNERS") for the purpose of amending
the Fourth Amended and Restated Agreement of Limited Partnership of the
Partnership dated as of August 10, 2000, as amended (the "PARTNERSHIP
AGREEMENT").
WHEREAS, as of the date hereof, the parties listed on Exhibit B attached
hereto (the "UNIT RECIPIENTS") have made capital contributions (the "CAPITAL
CONTRIBUTIONS") to the Partnership in exchange for Partnership Units in
accordance with the provisions of that certain Second Amendment to Master
Agreement and Contribution Transfer and Assumption Agreement, dated as of
November 3, 2000 (the "CONTRIBUTION AGREEMENT"), by and among the Partnership,
the General Partner and the Unit Recipients.
WHEREAS, the General Partner accepted such Capital Contributions and
admitted the Contributors to the Partnership as Additional Limited Partners and
issued an aggregate of 94,771 Partnership Units to the Contributor in exchange
for the Capital Contributions to the Partnership.
NOW THEREFORE, in consideration of the mutual agreements set forth herein,
the parties hereto undertake to implement the following amendments to the
Partnership Agreement:
SECTION 1. Defined Terms. Capitalized terms used without definition in this
Amendment shall have the meanings set forth in the Partnership
Agreement or the Contribution Agreement, as the case may be.
SECTION 2. Admission of Additional Limited Partners. As of the date hereof,
the Unit Recipients have made the Capital Contributions of the Agreed Value as
set forth on Exhibit B attached hereto. The General Partner hereby accepts such
Capital Contributions. In consideration of such Capital Contributions and
pursuant to Section 12.2 of the Partnership Agreement, the General Partner
hereby admits the Unit Recipients to the Partnership as Additional Limited
Partners and issues to such Unit Recipients the respective number of Partnership
Units listed on Exhibit A attached hereto as of the date hereof.
2
SECTION 3. Amendment to Partnership Agreement.
Pursuant to Sections 2.4 and 7.3D(ii) of the Partnership Agreement, the
General Partner of the Partnership, on its own behalf and as attorney-in-fact
for its Limited Partners, hereby amends the Partnership Agreement as follows:
3.1 Exhibit A thereto is deleted in its entirety and replaced with Exhibit
A attached hereto.
SECTION 4. Miscellaneous.
4.1 Governing Law. This Amendment shall be construed under and governed by
the internal laws of the State of Delaware without regard to its conflict of
laws provisions.
4.2 Amendments. This Amendment may not be amended or modified, nor may
compliance with any condition or covenant set forth herein be waived, except by
a writing duly and validly executed by each party hereto, or in the case of a
waiver, by the party waiving compliance.
SECTION 5. Partnership Agreement. The Partnership Agreement and this
Amendment shall be read together and shall have the same effect as if the
provisions of the Partnership Agreement and this Amendment were contained in one
document. Any provisions of the Partnership Agreement not amended by this
Amendment shall remain in full force and effects as provided in the Partnership
Agreement immediately prior to the date hereof.
IN WITNESS WHEREOF the parties hereto have caused this Amendment to be
executed as of the date set forth above by their duly authorized
representatives.
GENERAL PARTNER
AMB PROPERTY CORPORATION, a
Maryland corporation
By:
/s/ XXXXXXX X. COKE
--------------------------
Xxxxxxx X. Coke,
Chief Financial Officer and
Executive Vice President
LIMITED PARTNERS
By:
AMB PROPERTY CORPORATION, a
Maryland corporation, as
attorney-in-fact for each of
the Limited Partners
/s/ XXXXXXX X. COKE
--------------------------
Xxxxxxx X. Coke, Chief
Financial Officer and
Executive Vice President
2
3
AMB PROPERTY, L.P.
ADDITIONAL LIMITED PARTNER SIGNATURE PAGE
The undersigned, desiring to become one of the Limited Partners of AMB Property,
L.P. (the "PARTNERSHIP"), hereby does become a party to the Fourth Amended and
Restated Agreement of Limited Partnership of the Partnership, as amended (the
"PARTNERSHIP AGREEMENT"). The undersigned agrees to be bound by all of the terms
and conditions of the Partnership Agreement, including, without limitation the
power of attorney provisions, and further agrees that this signature page may be
attached to any counterpart of the Partnership Agreement.
Signature of Limited Partner
WEST*PAC Limited Partnership
By: WEST*PAC, Inc., its general
partner
/s/ XXXXXXX X. XXXXXXXX, XX.
-----------------------------------
Xxxxxxx X. Xxxxxxxx, Xx.
President
4
AMB PROPERTY, L.P.
ADDITIONAL LIMITED PARTNER SIGNATURE PAGE
The undersigned desiring to become one of the Limited Partners of AMB Property,
L.P. (the "PARTNERSHIP"), hereby does become a party to the Fourth Amended and
Restated Agreement of Limited Partnership of the Partnership, as amended (the
"PARTNERSHIP AGREEMENT"). The undersigned agrees to be bound by all of the terms
and conditions of the Partnership Agreement, including, without limitation the
power of attorney provisions, and further agrees that this signature page may be
attached to any counterpart of the Partnership Agreement.
Signature of Limited Partner
AFCO Cargo DFW Limited Partnership
By: AFCO Cargo DFW, Inc., its general
partner
/s/ XXXXXXX X. XXXXXXXX, XX.
-----------------------------------
Xxxxxxx X. Xxxxxxxx, Xx.
President
5
AMB PROPERTY, L.P.
ADDITIONAL LIMITED PARTNER SIGNATURE PAGE
The undersigned desiring to become one of the Limited Partners of AMB Property,
L.P. (the "PARTNERSHIP"), hereby does become a party to the Fourth Amended and
Restated Agreement of Limited Partnership of the Partnership, as amended (the
"PARTNERSHIP AGREEMENT"). The undersigned agrees to be bound by all of the terms
and conditions of the Partnership Agreement, including, without limitation the
power of attorney provisions, and further agrees that this signature page may be
attached to any counterpart of the Partnership Agreement.
Signature of Limited Partner
AFCO Cargo SEA Limited Partnership
By: AFCO Cargo SEA, Inc., its general
partner
/s/ XXXXXXX X. XXXXXXXX, XX.
-----------------------------------
Xxxxxxx X. Xxxxxxxx, Xx.
President
6
EXHIBIT A
PARTNERS, CONTRIBUTIONS, AND PARTNERSHIP INTERESTS
AGREED VALUE OF COMMON
CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE
NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST
----------------------------------- --------------- --------------- -------------- --------------- --------------- ---------------
GENERAL PARTNER:
AMB Property Corporation (a) 11/26/97 $73,798,710 $1,693,339,826 $1,767,138,536 85,645,102 95.43188%
AMB Property Corporation 12/15/98 $930,048 $0 $930,048 43,008 0.04792%
AMB Property Corporation 01/20/99 $1,000 $0 $1,000 100,000 0.11143%
AMB Property Corporation 01/25/99 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 02/11/99 $131,250 $0 $131,250 6,250 0.00696%
AMB Property Corporation 03/05/99 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 04/20/99 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 04/23/99 $0 $88,290 $88,290 3,600 0.00401%
AMB Property Corporation 05/07/99 ($20,155) $0 ($20,155) (932) -0.00104%
AMB Property Corporation 05/12/99 $0 $10,125,213 $10,125,213 482,153 0.53725%
AMB Property Corporation 05/13/99 $78,750 $0 $78,750 3,750 0.00418%
AMB Property Corporation 06/04/99 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 06/11/99 $13,125 $0 $13,125 625 0.00070%
AMB Property Corporation 06/30/99 $13,125 $0 $13,125 625 0.00070%
AMB Property Corporation 07/02/99 $52,500 $0 $52,500 2,500 0.00279%
AMB Property Corporation 08/03/99 $0 $244,000 $244,000 10,000 0.01114%
AMB Property Corporation 08/06/99 $131,250 $0 $131,250 6,250 0.00696%
AMB Property Corporation 09/15/99 $0 $840,000 $840,000 40,000 0.04457%
AMB Property Corporation 09/15/99 ($15,159) $0 ($15,159) (701) -0.00078%
AMB Property Corporation 12/10/99 ($198,750) $0 ($198,750) (10,000) -0.01114%
AMB Property Corporation 12/10/99 ($197,500) $0 ($197,500) (10,000) -0.01114%
AMB Property Corporation 12/10/99 ($1,657,500) $0 ($1,657,500) (85,000) -0.09471%
AMB Property Corporation 12/13/99 ($1,950,000) $0 ($1,950,000) (100,000) -0.11143%
AMB Property Corporation 12/14/99 ($9,500,000) $0 ($9,500,000) (500,000) -0.55714%
AMB Property Corporation 12/16/99 ($950,000) $0 ($950,000) (50,000) -0.05571%
AMB Property Corporation 12/16/99 ($1,813,888) $0 ($1,813,888) (96,100) -0.10708%
AMB Property Corporation 12/17/99 ($937,500) $0 ($937,500) (50,000) -0.05571%
AMB Property Corporation 12/17/99 ($8,730,150) $0 ($8,730,150) (471,900) -0.52582%
AMB Property Corporation 12/20/99 ($918,750) $0 ($918,750) (50,000) -0.05571%
AMB Property Corporation 12/20/99 ($375,950) $0 ($375,950) (20,600) -0.02295%
AMB Property Corporation 01/07/00 ($28,777,960) $0 ($28,777,960) (1,465,926) -1.63344%
AMB Property Corporation 02/29/00 $0 $0 $0 155,675 0.17346%
AMB Property Corporation 03/31/00 $262,500 $0 $262,500 12,500 0.01393%
AMB Property Corpoations 05/01/00 $105,000 $0 $105,000 5,000 0.00557%
AMB Property Corporation 05/02/00 $105,000 $0 $105,000 5,000 0.00557%
AMB Property Corporation 05/03/00 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 05/05/00 $52,500 $0 $52,500 2,500 0.00279%
AMB Property Corporation 05/05/00 $0 $0 $0 1,000 0.00111%
AMB Property Corporation 05/10/00 $13,125 $0 $13,125 625 0.00070%
AMB Property Corporation 05/31/00 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 06/09/00 $105,000 $0 $105,000 5,000 0.00557%
AMB Property Corporation 06/13/00 $254,334 $0 $254,334 11,790 0.01314%
AMB Property Corporation 07/06/00 $0 $4,774,010 $4,774,010 206,425 0.23001%
AMB Property Corporation 07/14/00 $128,747 $0 $128,747 6,074 0.00677%
AMB Property Corporation 07/19/00 $52,500 $0 $52,500 2,500 0.00279%
AMB Property Corporation 07/21/00 $105,000 $0 $105,000 5,000 0.00557%
AMB Property Corporation 07/26/00 $105,000 $0 $105,000 5,000 0.00557%
AMB Property Corporation 08/10/00 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 08/11/00 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 08/25/00 $157,500 $0 $157,500 7,500 0.00836%
AMB Property Corporation 09/06/00 $26,250 $0 $26,250 1,250 0.00139%
AMB Property Corporation 09/11/00 $94,500 $0 $94,500 4,500 0.00501%
AMB Property Corporation 09/12/00 $5,250 $0 $5,250 250 0.00028%
AMB Property Corporation 09/15/00 $52,500 $0 $52,500 2,500 0.00279%
------------------------------------------------------------------------------
TOTAL GENERAL PARTNER 20,941,202 1,709,411,339 1,730,352,541 83,882,793 93.46819%
7
AGREED VALUE OF COMMON
CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE
NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST
----------------------------------- --------------- --------------- -------------- --------------- --------------- ---------------
LIMITED PARTNERS:
Xxxxx Xxxxx 11/26/97 $0 $1,150,359 $1,150,359 54,779 0.06104%
Xxxxxx Xxxxxx 11/26/97 $0 $6,174 $6,174 294 0.00033%
Xxxxx Xxxxxx 11/26/97 $0 $216,447 $216,447 10,307 0.01148%
GP Met Phase I 11/26/97 $0 $1,774,164 $1,774,164 84,484 0.09414%
GP Met 4 & 12 11/26/97 $0 $1,486,212 $1,486,212 70,772 0.07886%
Xxxxxxxx X. Xxxxxxx 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936%
Xxxxxxx X. Xxxxxxx 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936%
Xxxxxxxxx X. Xxxxxxx 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936%
Xxxxxxxx X. Xxxxxxx 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Xxxxxxx X. Xxxxxxx 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Xxxxxxxxx X. Xxxxxxx 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Xxxxxxxx X. Xxxxxxx 58 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Xxxxxxx X. Xxxxxxx 58 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Xxxxxxxxx X. Xxxxxxx 58 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798%
Allmerica 11/26/97 $0 $11,752,188 $11,752,188 559,628 0.62358%
Xxxxxx 11/26/97 $0 $10,125,213 $10,125,213 482,153 0.53725%
Xxxxxxxxxx Investment Properties (b) 03/30/98 $0 $12,435,871 $12,435,871 517,547 0.57669%
Xxxxxxxxxx Enterprises (c) 03/30/98 $0 $10,334,678 $10,334,678 438,110 0.48817%
Xxxxx Xxxxxxxxxxx 03/31/98 $0 $1,990,798 $1,990,798 81,174 0.09045%
Xxxxxxx X. Xxxxxxx 03/31/98 $0 $634,825 $634,825 25,884 0.02884%
Xxxx Xxxxxxxx 03/31/98 $0 $266,073 $266,073 10,849 0.01209%
Xxxxx Xxxxxx 03/31/98 $0 $806,404 $806,404 32,880 0.03664%
Xxxxxxxx Properties, Inc. 06/04/98 $0 $61,250 $61,250 2,590 0.00289%
Xxxxxxx Xxxxxxxxx Xxxxxxxx 06/04/98 $0 $660,275 $660,275 27,916 0.03111%
Xxxxxx X. Xxxxxxx 06/04/98 $0 $319,725 $319,725 13,518 0.01506%
Xxxxxx X. Xxxx 06/04/98 $0 $147,000 $147,000 6,215 0.00693%
Xxxxxx Xxxxx 06/04/98 $0 $36,750 $36,750 1,554 0.00173%
Xxxxx X. Xxxxx as trustee of the Xxxxx
X. Xxxxx Living Trust under Agreement
dated August 22, 1995 06/30/98 $0 $580,747 $580,747 23,801 0.02652%
Xxxxxxxx X. Xxxxx 06/30/98 $0 $580,747 $580,747 23,801 0.02652%
Lincoln Property Company No. 238 Ltd. 09/24/98 $0 $8,320,955 $8,320,955 353,520 0.39392%
Lincoln Property Company No. 287, LTD 09/24/98 $0 $2,760,957 $2,760,957 117,300 0.13070%
Lincoln Property Company No. 355, LTD 09/24/98 $0 $739,600 $739,600 31,422 0.03501%
Lincoln Property Company No. 440, LTD 09/24/98 $0 $767,640 $767,640 32,614 0.03634%
Lincoln Property Company No. 1179 09/24/98 $0 $3,883,230 $3,883,230 164,981 0.18383%
Xxxx Xxxxxxxx 12/31/98 $0 ($44,145) ($44,145) (1,800) -0.00201%
Xxxxx X. Xxxxxxxx 12/31/98 $0 $22,073 $22,073 900 0.00100%
Xxxxxxxxx X. Xxxxxxxx 12/31/98 $0 $22,073 $22,073 900 0.00100%
Xxxx Xxxxxxxx 01/31/99 $0 ($44,145) ($44,145) (1,800) -0.00201%
Xxxxx X. Xxxxxxxx 01/31/99 $0 $22,073 $22,073 900 0.00100%
Xxxxxxxxx X. Xxxxxxxx 01/31/99 $0 $22,073 $22,073 900 0.00100%
Xxxxxxx X. Xxxxxxxx III 02/09/99 $0 $2,376 $2,376 99 0.00011%
Xxxxxx X. Xxxxxxx 02/09/99 $0 $4,056 $4,056 169 0.00019%
Xxxxxxx Xxxxxxx 02/09/99 $0 $2,808 $2,808 117 0.00013%
Xxxxxx Xxxxxxx 02/09/99 $0 $2,592 $2,592 108 0.00012%
Xxxxxx Xxxxxxx 02/09/99 $0 $144 $144 6 0.00001%
Xxxxxxxx X. Xxxxxxx 02/09/99 $0 $144 $144 6 0.00001%
RA & DM, Inc. 02/09/99 $0 $96 $96 4 0.00000%
RA & FM, Inc. 02/09/99 $0 $888 $888 37 0.00004%
Xxxxxxx X. Xxxxx 02/09/99 $0 $7,080 $7,080 295 0.00033%
Xxxxxx Xxxxxxx 02/09/99 $0 $1,080 $1,080 45 0.00005%
Xxxxxxx X. Xxxxxxx 02/09/99 $0 $1,536 $1,536 64 0.00007%
Xxxxxxx X. Xxxxxxx 02/09/99 $0 $672 $672 28 0.00003%
Xxxxx X. LaPennaa 02/09/99 $0 $432 $432 18 0.00002%
Xxxxxx Xxxxxxx Sirota 02/09/99 $0 $912 $912 38 0.00004%
Xxxxx X. Xxxxxxxx 04/23/99 $0 ($44,145) ($44,145) (1,800) -0.00201%
Xxxxxxxxx X. Xxxxxxxx 04/23/99 $0 ($44,145) ($44,145) (1,800) -0.00201%
Xxxxxxx X. Xxxxxxxx III 04/30/99 $0 $888,379 $888,379 37,016 0.04125%
Xxxxxx X. Xxxxxxx 04/30/99 $0 $1,479,701 $1,479,701 61,654 0.06870%
Xxxxxxx Xxxxxxx 04/30/99 $0 $1,046,686 $1,046,686 43,612 0.04860%
8
AGREED VALUE OF COMMON
CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE
NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST
----------------------------------- --------------- --------------- -------------- --------------- --------------- ---------------
Xxxxxx Xxxxxxx 04/30/99 $0 $966,601 $966,601 40,275 0.04488%
Xxxxxx Xxxxxxx 04/30/99 $0 $55,873 $55,873 2,328 0.00259%
Xxxxxxxx X. Xxxxxxx 04/30/99 $0 $55,873 $55,873 2,328 0.00259%
RA & DM, Inc. 04/30/99 $0 $93,122 $93,122 3,880 0.00432%
RA & FM, Inc. 04/30/99 $0 $121,732 $121,732 5,072 0.00565%
Xxxxxxx X. Xxxxx 04/30/99 $0 $2,777,815 $2,777,815 115,742 0.12897%
Xxxxxx Xxxxxxx 04/30/99 $0 $569,904 $569,904 23,746 0.02646%
Xxxxxxx X. Xxxxxxx 04/30/99 $0 $569,904 $569,904 23,746 0.02646%
Xxxxxxx X. Xxxxxxx 04/30/99 $0 $246,772 $246,772 10,282 0.01146%
Xxxxx X. XxXxxxx 04/30/99 $0 $159,238 $159,238 6,635 0.00739%
Xxxxxx Xxxxxxx Sirota 04/30/99 $0 $343,618 $343,618 14,317 0.01595%
Xxxxxx 05/12/99 $0 ($10,125,213) ($10,125,213) (482,153) -0.53725%
Xxxxxxxxxx Investment Properties, LLC 05/21/99 $0 $450,811 $450,811 18,638 0.02077%
CBDV Investors, L.L.C. 05/26/99 $0 $5,000,000 $5,000,000 212,766 0.23708%
Xxxxxx X. Xxxx 06/04/99 - ($147,000) ($147,000) (6,215) -0.00693%
CBDV Investors, L.L.C. 07/30/99 - ($5,000,000) ($5,000,000) (212,766) -0.23708%
Tiger Lafayette, L.L.C. 07/30/99 $0 $3,255,596 $3,255,596 138,536 0.15437%
Divco Western Commercial, L.L.C. 07/30/99 $0 $872,202 $872,202 37,115 0.04136%
ICCL East, L.L.C. 07/30/99 $0 $872,202 $872,202 37,115 0.04136%
Xxxxxxxx X. Xxxxx 08/03/99 - ($244,000) ($244,000) (10,000) -0.01114%
GP Met 4 & 12 09/15/99 - ($840,000) ($840,000) (40,000) -0.04457%
Lincoln Property Company No. 238 Ltd. 09/30/99 $0 $282 $282 12 0.00001%
Lincoln Property Company No. 287, Ltd 09/30/99 $0 $26,668 $26,668 1,133 0.00126%
Lincoln Property Company No. 355, Ltd. 09/30/99 $0 $45,780 $45,780 1,945 0.00217%
Lincoln Property Company No. 440, Ltd. 09/30/99 $0 $10,639 $10,639 452 0.00050%
Lincoln Property Company No. 1179 09/30/99 $0 $2,354 $2,354 100 0.00011%
Lincoln Property Company No. 238 Ltd. 09/30/99 $0 ($8,321,259) ($8,321,259) (353,532) -0.39393%
Lincoln Property Company No. 287, Ltd 09/30/99 $0 ($2,508,862) ($2,508,862) (106,590) -0.11877%
Lincoln Property Company No. 355, Ltd. 09/30/99 $0 ($765,722) ($765,722) (32,532) -0.03625%
Lincoln Property Company No. 440, Ltd. 09/30/99 $0 ($762,733) ($762,733) (32,405) -0.03611%
Lincoln Property Company No. 1179 09/30/99 $0 ($3,613,595) ($3,613,595) (153,525) -0.17107%
Xxxx Xxxxx 09/30/99 $0 $98,834 $98,834 4,199 0.00468%
Xxxxx X. Xxxxxx, Xx. 09/30/99 $0 $2,006,831 $2,006,831 85,261 0.09500%
Xxxxxxx Xxxxxxx 09/30/99 $0 $6,539,424 $6,539,424 277,830 0.30958%
Xxxx X. Xxxxx 09/30/99 $0 $112,933 $112,933 4,798 0.00535%
Xxxxxx X. Xxxxxx 09/30/99 $0 $46,698 $46,698 1,984 0.00221%
Xxxx Xxxxx Inc. 09/30/99 $0 $5,073,438 $5,073,438 215,547 0.24018%
Xxxxxx X. X'Xxxxx 09/30/99 $0 $743,761 $743,761 31,599 0.03521%
Xxxxx Xxxxx Xxxxx 09/30/99 $0 $1,350,252 $1,350,252 57,366 0.06392%
Lincoln Property Company No. 287, Ltd. 11/30/99 $0 ($278,763) ($278,763) (11,843) -0.01320%
Lincoln Property Company No. 355, Ltd. 11/30/99 $0 ($19,658) (19,658) (835) -0.00093%
Lincoln Property Company No. 440, Ltd. 11/30/99 $0 ($15,546) ($15,546) (661) -0.00074%
Lincoln Property Company No. 1179 11/30/99 $0 ($271,989) ($271,989) (11,556) -0.01288%
Xxxxxxx X. Xxxxx 01/07/00 $0 $0 $0 312,071 0.34773%
Xxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 37,013 0.04124%
T. Xxxxxx Xxxxx 01/07/00 $0 $0 $0 235,506 0.26242%
X. Xxxxx Xxxxxxxxx 01/07/00 $0 $0 $0 62,366 0.06949%
Xxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 78,988 0.08801%
Xxxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 25,868 0.02882%
Xxxx X. Xxxxxx 01/07/00 $0 $0 $0 32,206 0.03589%
Xxxxxxx X. Xxxx 01/07/00 $0 $0 $0 56,028 0.06243%
Xxxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 388,126 0.43248%
Xxxxx X. Xxxxxxxxx 01/07/00 $0 $0 $0 91,158 0.10157%
W. Xxxxx Xxxxx 01/07/00 $0 $0 $0 25,569 0.02849%
Xxxxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 5,114 0.00570%
Xxxxx X. Xxxxxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxxxx X. Coke 01/07/00 $0 $0 $0 8,439 0.00940%
Xxxxxx X. Xxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxx X. Xxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxx X. Xxxxx 01/07/00 $0 $0 $0 15,257 0.01700%
Xxxx X. Xxxxxxxxxx 01/07/00 $0 $0 $0 5,114 0.00570%
Xxxx X. Xxxxxx 01/07/00 $0 $0 $0 6,818 0.00760%
9
AGREED VALUE OF COMMON
CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE
NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST
----------------------------------- --------------- --------------- -------------- --------------- --------------- ---------------
Xxxxxx X. Xxxxxxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxx X. Xxxxxxx 01/07/00 $0 $0 $0 6,818 0.00760%
Xxxxxx X. Xxxxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxx X. Xxxxx 01/07/00 $0 $0 $0 5,114 0.00570%
Xxxx X. Xxxxxxx, Xx. 01/07/00 $0 $0 $0 8,439 0.00940%
Xxxx X. Xxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxxxx X. Xxxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxxxxxx X. Xxxxxxxxx 01/07/00 $0 $0 $0 6,733 0.00750%
Xxxxxx X. Xxxxxx 01/07/00 $0 $0 $0 5,114 0.00570%
Xxxxx X. Xxxxx 01/07/00 $0 $0 $0 5,114 0.00570%
Xxxxxxx Xxxxxxxxx 01/07/00 $0 $0 $0 6,818 0.00760%
X.X. Xxxxxxxx 01/07/00 $0 $0 $0 6,818 0.00760%
Xxxxx X. Xxxxxx 01/07/00 $0 $0 $0 3,409 0.00380%
Xxxxxx X. Xxxxxxx 01/07/00 $0 $0 $0 2,045 0.00228%
GP Met 4 +12 07/06/00 $0 ($646,212) ($646,212) (30,772) -0.03429%
ICCL East, L.L.C. 07/06/00 $0 ($872,202) ($872,202) (37,117) -0.04136%
Tiger Lafayette, L.L.C. 07/06/00 $0 ($3,255,596) ($3,255,596) (138,536) -0.15437%
AFCO Cargo DFW Limited Partnership 11/07/00 $0 $1,046,849 $1,046,849 44,523 0.04961%
WEST*PAC Limited Partnership 11/07/00 $0 $134,609 $134,609 5,725 0.00638%
AFCO Cargo SEA Limited Partnership 11/07/00 $0 $1,046,848 $1,046,848 44,523 0.04961%
--------------- ------------------------------ --------------- ---------------
TOTAL LIMITED PARTNERS $0 $99,073,353 $99,073,353 5,861,961 6.53181%
--------------- ------------------------------ --------------- ---------------
TOTAL GENERAL PARTNER AND LIMITED PARTNERS 20,941,202 1,808,484,692 1,829,425,894 89,744,754 100.0%
=============== ============================== =============== ===============
(a) Excludes 229,411 of Sub OP and Long Gate LLC shares/units and preferred
partnership units.
(b) Includes 934 units reserved.
(c) Includes 8,268 units reserved.
RECONCILIATION:
Total Units per above 89,744,754
Plus Sub OP & Long Gate LLC shares/units excluded (a) 229,411
Total Shares & Units as of 08/10/00 89,974,165
10
EXHIBIT B
CAPITAL NUMBER OF
ADDITIONAL LIMITED PARTNER CONTRIBUTION PARTNERSHIP UNITS
WEST*PAC Limited Partnership $ 134,609 5,725
AFCO Cargo DFW Limited Partnership $1,046,849 44,523
AFCO Cargo SEA Limited Partnership $1,046,848 44,523
