EXHIBIT 7.9
Agreement of Filing of Schedule 13D
Each of the undersigned hereby agrees that the
Amendment No. 2 to Schedule 13D dated on or about April 25, 1997, to which
this Agreement is attached as Exhibit 7.9, may be filed on behalf
of each such person.
This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.
Dated: March 11, 1997
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ Xxxx X. Lines
------------------------
Name: Xxxx X. Lines
Title: General Counsel and Secretary
INSIGNIA PROPERTIES, L.P.
By: /s/ Xxxx X. Lines
------------------------
Name: Xxxx X. Lines
Title: Vice President
XXXXXX X. XXXXXX
/s/ Xxxxxx X. Xxxxxx
--------------------
INSIGNIA PROPERTIES TRUST
By: /s/ Xxxx X. Lines
------------------------
Name: Xxxx X. Lines
Title: Vice President
SCHEDULE I
Insignia Financial Group, Inc.
DIRECTORS*
Xxxxxx X. Xxxxxx
Chairman of the Board of Directors,
President and Chief Executive Officer
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxxx
First Security Management, Inc.
000 Xxxx Xxxxxx
Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
Xxxxx X. Xxxxxx
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Xxxxxx X. Xxxxxxx
Chairman of the Board and
Co-Chief Executive Officer
Charterhouse Group International, Inc.
000 Xxxxxxx Xxxxxx
00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Xxxxxx X. Xxxx
Partner
Akin, Gump, Strauss, Xxxxx & Xxxx, L.L.P.
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Xxxxxxx X. Xxxxxxxx
Self-Employed
Xxxxxxx X. Xxxxxxxx Associates
110 Xxxx 00x Xxxxxx
Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
__________________________________
* Each individual is a United States Citizen
DIRECTORS*(cont.)
Xxxx Xxxxxx
Chairman of the Board and CEO
RSI Holdings, Inc.
Mailing Address:
Fluor Xxxxxx Corporation
000 X. Xxxx Xxxxxx
0xx Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
_____________________________________
* Each individual is a United States Citizen
EXECUTIVE OFFICERS* (other than those listed
above who are also serving as directors)
Xxxxx X. Aston
Office of the Chairman and Chief
Financial Officer
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxx X. Xxxxxxxx
Executive Managing Director; and
President, Financial Services Division
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxxx X. Xxxxxxxx
Managing Director, Investment Banking
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxx
Office of the Chairman; and Chairman,
Xxxxxx X. Xxxxxx Company, Inc.
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxxx
Senior Vice President and Chief
Information Officer
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxx Xxxxxxxx
Executive Managing Director; and
President, Insignia Commercial Group Inc.
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
_____________________________________
* Each individual is a United States Citizen
EXECUTIVE OFFICERS* (cont.)
Xxxxxxx X. Xxxxxxx, Xx.
Managing Director,
Partnership Administration
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxx X. Xxxxxxx
Executive Managing Director; and
President, Insignia Management
Services - New York Inc.
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxx X. Lines
General Counsel and Secretary
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxx
Controller
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxxx X. Xxxxxxxxxxxxx
Senior Vice President, Asset Management
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxx
Executive Managing Director; and
President, Management Services Division
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
____________________________________
* Each individual is a United States Citizen
EXECUTIVE OFFICERS* (cont.)
Xxxxxxx X. Xxxxxx
Executive Managing Director; and
President, Xxxxxx X. Xxxxxx
Company, Incorporated
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx Xxxxxx
Chief Operating Officer and Treasurer
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
____________________________________
* Each individual is a United States Citizen
Insignia Properties Trust
TRUSTEES*
Xxxxx X. Xxxxxxxx
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx X. Xxxxxx
Chairman of the Board of Trustees
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxx X. Aston
President, Insignia Properties Trust
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
EXECUTIVE OFFICERS* (other than those listed above
who are also serving as trustees)
Xxxx X. Lines
Vice President
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxx Xxxxxx
Vice President
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
Xxxxxx Xxxxxx
Chief Financial Officer
Insignia Financial Group, Inc.
Post Office Box 1089
One Insignia Financial Xxxxx
Xxxxxxxxxx, Xxxxx Xxxxxxxx 00000
____________________________________
* Each individual is a United States Citizen
ANNEX A
SCHEDULE OF TRANSACTIONS EFFECTED IN
NOVEMBER & DECEMBER 1996
Date of Number of Price
Purchaser Purchase Units Purchased Per Unit
Liquidity 11/14/96 8 $ 97.84
8 $ 97.84
12 $ 97.84
8 $ 97.84
8 $ 97.84
8 $ 97.84
100 $ 97.97
22.3 $ 97.84
22.3 $ 97.84
12/6/96 8 $100.00
12/16/96 33.9 $ 95.02
33.1 $ 94.95
12/26/96 8 $ 78.50
Ventures 11/12/96 20 $ 90.00
6 $ 86.00
11/19/96 120 $100.00
11/27/96 16 $ 98.00
12/10/96 40 $ 98.01
8 $ 94.01
8 $ 94.88
12/17/96 8 $ 96.01
8 $ 96.01
12/18/96 12 $ 91.99
12/26/96 9.8 $ 96.00
8 $ 98.00
9.8 $ 99.00
16.3 $ 97.21
8.3 $ 96.00
ANNEX B
SCHEDULE OF TRANSACTIONS EFFECTED IN JANUARY & FEBRUARY 1997
Number of Price
Purchaser Date Units Purchased Per Unit
IPLP 1/6/97 32.3 $94.87
1/14/97 8 $85.34
12 $89.50
8 $87.50
4 $72.97
7.1 $83.89
31 $94.61
120 $97.01
74 $96.49
16 $90.84
22 $93.19
16 $90.84
15.3 $90.54
8 $85.34
1/21/97 8 $94.00
1/28/97 8 $86.00
8 $85.47
8 $85.47
16.4 $91.87
8 $85.34
8 $85.34
7 $85.68
15 $90.33
8 $85.47
8 $85.47
16 $94.62
8 $87.43
16.3 $91.70
16.2 $91.80
13.5 $100.00
2/11/97 8 $85.34
8 $177.50
19.8 $95.82
8.4 $177.64
4.2 $77.06
2/12/97 6.4 $106.00
8.4 $108.00
8.4 $106.00
2/13/97 8 $85.34
20 $92.84
