Schedule of Partners' Capital Contributions and Partnership Unit Allocations for Golf Legends Ltd., Inc. and Affiliates

Contract Categories: Business Finance › Contribution Agreements
Summary

This document lists the partners in a partnership, including Golf Legends Ltd., Inc. and various affiliated entities, and details their non-cash capital contributions, the number of partnership units issued to each, and their resulting percentage interests. It also records subsequent changes such as redemptions and conversions of units. The schedule provides names, addresses, contribution values, and federal tax IDs for each partner, serving as an official record of ownership and capital structure within the partnership.

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EX-10.1-3 2 a2029513zex-10_13.txt EXHIBIT 10.1.3 EXHIBIT 10.1.3 EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 2/12/1997 Golf Legends Ltd., Inc. $ 30,647,030 1,532,352 11.93% 57 ###-###-#### Legends Drive Myrtle Beach, SC 29577 2/12/1997 Seaside Resorts Ltd., Inc. $ 16,129,118 806,456 6.28% 57 ###-###-#### Legends Drive Myrtle Beach, SC 29577 2/12/1997 Heritage Golf Club, Ltd., Inc. $ 16,031,230 801,561 57 ###-###-#### Legends Drive Myrtle Beach, SC 29577 1/6/1999 Heritage (conversion) (11,700) -------- 789,861 6.15% 2/12/1997 Legends of Virginia L.C $ 11,963,738 598,187 4.66% 57 ###-###-#### Legends Drive Myrtle Beach, SC 29577 2/12/1997 Northgate $ 3,797,071 189,854 76-0527250 16450 Northgate Forest Drive Houston, TX 77068 5/20/1998 Northgate (redemption) $ (158,969) (5,000) 1/6/1999 Northgate (conversion) $ (30,000) ------------- -------- Northgate Total $ 3,638,102 154,854 1.21%
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 2/12/1997 Olde Atlanta Golf Club Limited Partnership $ 1,444,926 72 ###-###-#### c/o The Crescent Company 1580 S. Milwaukee Ave., Suite 101 Libertyville, IL 60048 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) ------------- -------- Olde Atlanta Total $1,853,405.98 70,422 0.55% 2/12/1997 Bright's Creek Development Co. LLC $ 2,119,005 105,950 0.83% 63-1120089 104 Cotton Creek Drive Gulf Shores, AL 36542 10/31/1996 David Dick Joseph 12,500 0.00% ###-##-#### 14 North Adger's Wharf Charleston, SC 29401 12/14/1999 David Dick Joseph (conversion) (12,500) -------------------------- - - 2/4/1997 W. Bradley Blair, II $ - 12,500 0.10% 354-367874 14 North Adger's Wharf Charleston, SC 29401
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 2/4/1997 James Hoppenrath $ - 3,750 0.00% ###-##-#### 109 E. Bay Street Charleston, SC 29401 1/6/2000 James Hoppenrath (conversion) (3,750) ------------- ---------- $ - - 6/20/1997 Golf Host Resorts, Inc. $ - 274,039 0.00% 84-0631130 c/o Starwood Capital Group, LP Three Pickwick Plaza, Suite 250 Greenwich, CT 06830 3/3/2000 Golf Host (conversion) (274,039) --------------------- - 9/2/1997 John J. Rainieri, Sr $ 3,198,168 114,237 0.89% ###-##-#### Betty Rainieri ###-##-#### 4350 Mayfair Road Uniontown, OH 44685 9/2/1997 Raintree Country Club, Inc. $ 204,138 7,292 0.06% 34 ###-###-#### Mayfair Road Uniontown, OH 44685
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 9/30/1997 Eagle Watch Golf Club, Limited Partnership $ 1,890,682 70 ###-###-#### c/o E. Neal Trogdon The Crescent Company 1580 South Milwaukee Avenue, Suite 101 Libertyville, IL 60048 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) -------------- ------- Eagle Watch Total $ 1,826,483 64,758 0.50% 10/17/1997 Properties of the Country, Inc. $ 500,000 19,231 0.15% 48-1157265 908 N. 2nd Street East Louisburg, KS 66053 11/25/1997 Granite Golf Corporation $ 650,000 24,424 86 ###-###-#### N. Hayden Road, Suite 7 Scottsdale, AZ 85260 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 $ (86,062.00) (Value at Issue-Value at Redemption) - - 0.00% --------------- ----------
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 12/19/1997 Stonehenge Golf Development, LLC $ 4,500,000 169,811 0.73% 56 ###-###-#### 90 Mallet Hill Road Columbia, SC 29223 1/10/2000 Stonehenge Golf (conversion) (50,000) 6/20/2000 Stonehenge Golf (conversion) (25,471) -------------- -------- $ 4,500,000 94,340 1/16/1998 Mystic Creek Golf Club, Limited Partnership $ 1,500,000 52,724 0.41% 38 ###-###-#### 32605 West 12 Mile Road Suite 350 Farmington Hills, MI 48334 2/1/1998 Okeechobee Championship Golf, Inc. $ 6,138,369 227,347(1) 1.77% 65-0115196 2100 Emerald Dunes Drive West Palm Beach, FL 33411 (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 5/22/1998 Eagle Ridge Lease Company LLC $ 1,198,750 35,794 0.28% 52 ###-###-#### 16100 N. Greenway-Hayden Loop Scottsdale, AZ 85260 5/28/1998 Golf Classic Resorts, LLC $ 879,995 26,357 0.00% 85-0453484 536 South Avenue Glencoe, IL 60022 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 $ (424,437) (Value at Issue-Value at Redemption) -------------------------- - - 8/28/1998 Osage National Golf Club LLC $ 3,451,068 124,700 43-1735431 900 Hickory Street St. Louis, MO 63104 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 $(1,002,585) (Value at Issue-Value at Redemption) ----------------- ------------ - - 0.00%
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ----------- 12/14/1998 Brentwood Golf & Country Club, Inc. $ 650,000 24,482 0.00% 38 ###-###-#### Faircourt, West Bloomfield, MI 48322 PO Box 386, Union Lake, MI 48387 6/20/2000 Brentwood (Redemption) $ (390,645) (24,482) 6/20/2000 Residual Value (Value at Issue-Value at Redemption) $ (259,355) -------------- ----------- - - 12/22/1998 Gutta-Percha Golf, Inc. $ 870,000 32,986 0.00% 95 ###-###-#### 365 W. California Blvd. Suite 2 Pasadena, CA 91105 9/5/2000 Palm Desert (Redemption) $ (460,785) (32,986) 9/5/2000 Residual Value $ (409,215) (Value at Issue-Value at Redemption) --------------- $ - 2/4/1997 GTA LP, Inc. $ - 8,127,980 63.29% 58 ###-###-#### 14 North Adger's Wharf Charleston, SC 29401 2/4/1997 GTA GP, Inc. $ - 27,553 0.21% 58 ###-###-#### 14 North Adger's Wharf Charleston, SC 29401 Total Common OP Units 12,841,838 100.00%
EXHIBIT A SCHEDULE OF PARTNERS ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS AND THE AGREED UPON VALUE OF NON-CASH CAPITAL CONTRIBUTIONS
Date Value of non-cash Partnership Approx. Percentage Federal ID# Admitted Name and address of partners capital contribution units issued Interests - -------- ---------------------------- ------------------ ------------ --------- ---------- Series A Preferred OP Units 4/2/1999 GTA LP, Inc. 20,000,000 800,000 100% 14 North Adger's Wharf Charleston, SC 29401 Series B Preferred OP Units 5/11/1999 Metamora Golf Operating Company, L.L.C 295,003 10,169 100% 38 ###-###-#### c/o Total Golf, Inc. 1303 W. Commerce Drive Milford, MI 48380 9/25/2000 Metamora (redemption) (140,846) (10,169) 9/25/2000 Residual Value (154,157) (Value at Issue-Value at Redemption) -------------- --------- - - Series C Preferred OP Units 7/28/1999 Burning Embers Corporation 1,350,000 48,949 100% 55-0720833 Cooks Mine Road Bridgeport, WV 26330