Schedule of Partners, Allocation of Partnership Units, Percentage Interests, and Agreed Value of Non-Cash Capital Contributions

Summary

This document lists the partners in a partnership, their addresses, the value of their non-cash capital contributions, the number of partnership units issued, and their percentage interests. It also details changes over time, such as redemptions, conversions, and residual values, showing how each partner's interest has changed. The schedule is primarily informational and tracks the allocation and adjustment of partnership units among various entities and individuals.

EX-10.1.4 3 j2354_ex10d1d4.htm EX-10.1.4 Prepared by MERRILL CORPORATION

Exhibit A

SCHEDULE OF PARTNERS,

ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS

AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS

Date Admitted	Name and address of partners	Value of non-cash capital contribution			Partnership units issued		Approx. Percentage Interests			Federal ID #

2/12/1997	Golf Legends Ltd., Inc. 1500 Legends Drive Myrtle Beach, SC 29578	$	30,647,030		1,532,352					57-0886834

4/2/2001	Legends (conversion)				(294,613	)

7/31/2001	Redemption at disposition	$	(14,852,868	)	(1,237,739	)
7/31/2001	Residual Value	$	(15,794,162	)

	Legends Total	$	-		-			0.00	%

2/12/1997	Seaside Resorts Ltd., Inc. 1500 Legends Drive Myrtle Beach, SC 29578	$	16,129,118		806,456					57-0729308

7/31/2001	Redemption at disposition	(9,677,472		)	(806,456	)
7/31/2001	Residual Value	(6,451,646		)

	Seaside Resorts Ltd., Inc. Total	$	-		-		0.00		%

2/12/1997	Heritage Golf Club, Ltd., Inc. 1500 Legends Drive Myrtle Beach, SC 29578	$	16,031,230		801,561					57-0818596

1/6/1999	Heritage (conversion)				(11,700	)

7/31/2001	Redemption at disposition	(9,478,332		)	(789,861	)
7/31/2001	Residual Value	(6,552,898		)

	Heritage Golf Club, Ltd., Inc. Total	$	-		-		0.00		%

2/12/1997	Legends of Virginia L.C. 1500 Legends Drive Myrtle Beach, SC 29578	$	11,963,738		598,187					57-1003883

4/2/2001	Legends (conversion)				(598,187	)

7/31/2001	Residual Value	$	(11,963,738	)

	Legends of Virginia Total	$	-		-		0.00		%

2/12/1997	Northgate 16055 Northgate Forest Drive Houston, TX 77068	$	3,797,071		189,854					76-0527250

5/20/1998	Northgate (redemption)	$	(158,969	)	(5,000	)

1/6/1999	Northgate (conversion	$	-		(30,000	)

3/2/2001	Northgate (conversion)				(60,581	)

	Northgate Total	$	3,638,102		94,273		1.17		%

Date Admitted	Name and address of partners	Value of non-cash capital contribution				Partnership units issued		Approx. Percentage Interests		Federal ID #

2/12/1997	Olde Atlanta Golf Club Limited Partnership c/o The Crescent Company 1580 S. Milwaukee Ave., Suite 101 Libertyville, IL 60048	$		1,444,926		72,246				36 ###-###-####

4/13/1998	Olde Atlanta (redemption)	$		(62,837.60	)	(2,000	)

5/20/1998	Olde Atlanta (redemption)	$		(64,017.60	)	(2,000	)

8/21/1998	Olde Atlanta (redemption)	$		(52,387.50	)	(1,500	)

12/10/1998	Olde Atlanta (redemption)	$		(30,166.11	)	(1,150	)

1/20/1999	Olde Atlanta (redemption)	$		(66,078.50	)	(2,500	)

4/6/1999	Olde Atlanta (conversion)	$		-		(2,000	)

5/1/1999	Olde Atlanta (recapitalization)	$	683,967			30,826

5/27/1999	Olde Atlanta (conversion))					(2,000	)

7/15/1999	Olde Atlanta (conversion)					(3,500	)

1/10/2000	Olde Atlanta (conversion)					(3,300	)

1/26/2000	Olde Atlanta (conversion)					(4,100	)

4/28/2000	Olde Atlanta (correction from 3/24/99)					2,000

8/14/2000	Olde Atlanta (conversion)					(10,600	)

7/9/2001	Redemption at disposition	(757,036.50			)	(70,422	)
7/9/2001	Residual Value	(1,096,369.48			)

	Olde Atlanta Total	$	-			-		0.00	%

2/12/1997	Bright's Creek Development Co. LLC 104 Cotton Creek Drive Gulf Shores, AL 36542	$	2,119,005			105,950				63-1120089

5/1/2001	Redemption at disposition	(1,271,400			)	(105,950	)

5/1/2001	Residual Value	(847,605			)

	Woodlands Total	$	-			-		0.00	%

10/31/1996	David Dick Joseph 14 North Adger's Wharf Charleston, SC 29401	-				12,500		0.00	%	###-##-####

12/14/1999	David Dick Joseph (conversion)					(12,500	)

		-				-
2/4/1997	W. Bradley Blair, II 14 North Adger's Wharf Charleston, SC 29401	$	-			12,500		0.15	%	###-##-####

Date Admitted	Name and address of partners	Value of non-cash capital contribution					Partnership units issued		Approx. Percentage Interests		Federal ID #

2/4/1997	James Hoppenrath 422 1/2 Marguerite Ave. Corona Del Mar CA 92625	$			-		3,750		0.00	%	###-##-####

1/6/2000	James Hoppenrath (conversion)						(3,750	)
		$			-		-

6/20/1997	Golf Host Resorts, Inc. c/o Starwood Capital Group, LP Three Pickwick Plaza, Suite 250 Greenwich, CT 06830	$		-			274,039		0.00	%	84-0631130

3/3/2000	Golf Host (conversion)						(274,039	)
							-

9/2/1997	John J. Rainieri, Sr. Betty Rainieri 4350 Mayfair Road Uniontown, OH 44685	$		3,198,168			114,237				###-##-#### ###-##-####

1/4/2001	Redemption at disposition	$		(910,632		)	(75,886	)

5/16/2001	Redemption at disposition	$	(460,212			)	(38,351	)
5/16/2001	Residual Value	$	(1,827,324			)

	Rainieri Total-	$	-				0		0.00	%

9/2/1997	Raintree Country Club, Inc. 4350 Mayfair Road Uniontown, OH 44685	$	204,138				7,292		0.00	%	34-1736212

1/4/2001	Raintree (redemption at disposition)	$	(87,504			)	(7,292	)

1/4/2001	Residual Value (Value at Issue – Value at Redemption)	$		(116,634		)

	Raintree Country Club, Inc. Total	$	-				-		0.00	%

9/30/1997	Eagle Watch Golf Club, Limited Partnership c/o E. Neal Trogdon The Crescent Company 1580 South Milwaukee Avenue, Suite 101 Libertyville, IL 60048	$	1,890,682				70,158				36 ###-###-####

11/2/1998	Eagle Watch (redemption)	$	(64,199.00			)	(2,150	)

5/21/1999	Eagle Watch (conversion)						(1,250	)

4/28/2000	Eagle Watch (correction from 3/24/99)						(2,000	)

7/9/2001	Redemption at disposition	$	(696,148.50			)	(64,758	)
7/9/2001	Residual Value	$	(1,130,334.50			)

	Eagle Watch Total	$	-				-		0.00	%

Date Admitted	Name and address of partners	Value of non-cash capital contribution			Partnership units issued		Approx. Percentage Interests		Federal ID #

10/17/1997	Properties of the Country, Inc. 908 N. 2nd Street East Louisburg, KS 66053	$	500,000		19,231				48-1157265

3/16/2001	Redemption at disposition	(230,772		)	(19,231	)

3/16/2001	Residual Value	(269,228		)

	Properties of the Country, Inc. Total	$	-		-		0.00	%

11/25/1997	Granite Golf Corporation 1510 N. Hayden Road, Suite 7 Scottsdale, AZ 85260	$	650,000		24,424				86-0926890

7/2/1999	Granite Golf (redemption)	(200,257		)	(8,393	)

7/27/1999	Granite Golf (redemption)	(237,935		)	(10,354	)

8/13/1999	Granite Golf (redemption)	(125,746		)	(5,677	)

8/13/1999	Residual Value (Value at Issue - Value at Redemption)	(86,062		)	-		0.00	%
		$	-		-

12/19/1997	Stonehenge Golf Development, LLC 90 Mallet Hill Road Columbia, SC 29223	$	4,500,000		169,811				56 ###-###-####

1/10/2000	Stonehenge Golf (conversion)				(50,000	)

6/20/2000	Stonehenge Golf (conversion)				(25,471	)

		$	4,500,000		94,340		1.17	%

1/16/1998	Mystic Creek Golf Club, Limited Partnership 32605 West 12 Mile Road Suite 350 Farmington Hills, MI 48334	$	1,500,000		52,724		0.65	%	38 ###-###-####

2/1/1998	Okeechobee Championship Golf, Inc. 2100 Emerald Dunes Drive West Palm Beach, FL 33411	$	6,138,369		227,347	(1)	0.11	%	65-0115196

9/7/2001	Redemption at disposition	(2,289,924		)	(218,088	)

9/7/2001	Residual Value (Value at Issue - Value at Redemption)	(3,598,452		)

	Okeechobee Championship Golf, Inc. Total	$	249,993		9,259

(1) Includes 218,088 Class A Common Units issued with a valuation of $5,888,376 and 9,259 Class B Common OP Units issued with a valuation of $249,993

Date Admitted	Name and address of partners	Value of non-cash capital contribution					Partnership units issued		Approx. Percentage Interests		Federal ID #

5/22/1998	Eagle Ridge Lease Company LLC 16100 N. Greenway-Hayden Loop Scottsdale, AZ 85260	$		1,198,750			35,794		0.44	%	52 ###-###-####

5/28/1998	Golf Classic Resorts, LLC 536 South Avenue Glencoe, IL 60022	$	879,995				26,357		0.00	%	85-0453484

11/26/1999	Golf Classic Resorts (redemption)	$		(199,633		)	(11,577	)

12/31/1999	Golf Classic Resorts (redemption)	$	(34,517			)	(2,060	)

2/7/2000	Golf Classic Resorts (redemption)	$		(221,408		)	(12,720	)

2/7/2000	Residual Value (Value at Issue - Value at Redemption)	$		(424,437		)

		-					-

8/28/1998	Osage National Golf Club LLC 900 Hickory Street St. Louis, MO 63104	$		3,451,068			124,700				43-1735431

6/30/1999	Osage (Redemption)	$		(1,393,382		)	(58,576	)

6/20/2000	Osage (Redemption)	$		(1,055,101		)	(66,124	)

6/20/2000	Residual Value (Value at Issue - Value at Redemption)	$		(1,002,585		)

		-					-		0.00	%

12/14/1998	Brentwood Golf & Country Club, Inc. 4801 Faircourt, West Bloomfield, MI 48322 PO Box 386, Union Lake, MI 48387	$		650,000			24,482		0.00	%	38 ###-###-####

6/20/2000	Brentwood (Redemption)	$		(390,645		)	(24,482	)

6/20/2000	Residual Value	$		(259,355		)
		-					-

12/22/1998	Gutta-Percha Golf, Inc. 365 W. California Blvd. Suite 2 Pasadena, CA 91105	$		870,000			32,986		0.00	%	95 ###-###-####

9/5/2000	Palm Desert (Redemption)	$		(460,785		)	(32,986	)

9/5/2000	Residual Value	$			(409,215	)

		$		-			-

2/4/1997	GTA LP, Inc. 14 North Adger's Wharf Charleston, SC 29401	$		-			7,761,550		96.09	%	58 ###-###-####

2/4/1997	GTA GP, Inc. 14 North Adger's Wharf Charleston, SC 29401	$		-			16,553		0.20	%	58 ###-###-####

Total Common OP Units							8,076,993		100.00	%

Series A Preferred OP Units
4/2/1999	GTA LP, Inc. 14 North Adger's Wharf Charleston, SC 29401			20,000,000		800,000			100		%

Series B Preferred OP Units
5/11/1999		Metamora Golf Operating Company, L.L.C. c/o Total Golf, Inc. 1303 W. Commerce Drive Milford, MI 48380	295,003			10,169							38 ###-###-####

9/25/2000		Redemption at Disposition	(295,003		)	(10,169	)

			-			-			0.00			%

Series C Preferred OP Units
7/28/1999		Burning Embers Corporation 801Aaron Smith Drive Bridgeport, WV 26330	1,350,000			48,949							55-0720833

6/20/2001		Redemption (foreclosure on collateral)	(1,350,000		)	(48,949		)

			-			-				0.00		%