Exercise of Option Notice by Performance Realty Management, LLC to American Housing Income Trust, Inc.
Performance Realty Management, LLC, as the manager of American Realty Partners, LLC, is formally notifying American Housing Income Trust, Inc. of its decision to exercise an option to receive 1,000,000 shares of common stock in the company. This action is taken under the terms specified in Section 3.10 of the First Amendment to the Operating Agreement of American Realty Partners, LLC. The notice is dated September 18, 2015, and signed by Sean Zarinegar on behalf of Performance Realty Management, LLC.
TO: ; Secretary of American Housing Income Trust, Inc.
Issuer Direct, LLC
The undersigned, as the single member of Performance Realty Management, LLC, an Arizona limited liability company and Manager of American Realty Partners, LLC, an Arizona limited liability company and wholly-owned subsidiary of American Housing Income Trust, Inc., a Maryland corporation (the "Company") hereby exercises its option for the issuance of 1,000,000 shares of common stock in the Company pursuant to Section 3.10 of the First Amendment to Operating Agreement of American Realty Partners, LLC.
Dated: September 18, 2015
/s/ Sean Zarinegar
Performance Realty Management, LLC
By: Sean Zarinegar
Its: Member/Manager