First Amendment to Fourth Amended and Restated Agreement of Limited Partnership of AMB Property, L.P.

Contract Categories: Business Formation › Limited Partnership Agreements
Summary

This amendment, dated November 7, 2000, is between AMB Property Corporation (as general partner) and the limited partners of AMB Property, L.P. It updates the partnership agreement to admit new limited partners who have made capital contributions in exchange for partnership units, as detailed in an attached exhibit. The amendment also replaces Exhibit A of the original agreement to reflect the new partners and their contributions. All other terms of the original partnership agreement remain unchanged.

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EX-10.6 7 f70165ex10-6.txt EXHIBIT 10.6 1 EXHIBIT 10.6 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/ MICHAEL A. COKE -------------------------- Michael A. 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/ MICHAEL A. COKE -------------------------- Michael A. 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/ FRANCIS X. CHAMBERS, JR. ----------------------------------- Francis X. Chambers, Jr. 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/ FRANCIS X. CHAMBERS, JR. ----------------------------------- Francis X. Chambers, Jr. 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/ FRANCIS X. CHAMBERS, JR. ----------------------------------- Francis X. Chambers, Jr. 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%
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AGREED VALUE OF COMMON CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST - ----------------------------------- --------------- --------------- -------------- --------------- --------------- --------------- LIMITED PARTNERS: David Brown 11/26/97 $0 $1,150,359 $1,150,359 54,779 0.06104% Daniel Sarhad 11/26/97 $0 $6,174 $6,174 294 0.00033% Craig Duncan 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% Holbrook W. Goodale 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936% Charles R. Wichman 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936% Frederick B. Wichman 54 Trust 11/26/97 $0 $1,118,754 $1,118,754 53,274 0.05936% Holbrook W. Goodale 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798% Charles R. Wichman 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798% Frederick B. Wichman 57 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798% Holbrook W. Goodale 58 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798% Charles R. Wichman 58 Trust 11/26/97 $0 $3,919,734 $3,919,734 186,654 0.20798% Frederick B. Wichman 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% Gamble 11/26/97 $0 $10,125,213 $10,125,213 482,153 0.53725% Campanelli Investment Properties (b) 03/30/98 $0 $12,435,871 $12,435,871 517,547 0.57669% Campanelli Enterprises (c) 03/30/98 $0 $10,334,678 $10,334,678 438,110 0.48817% Steve Liefschultz 03/31/98 $0 $1,990,798 $1,990,798 81,174 0.09045% Stephen M. Vincent 03/31/98 $0 $634,825 $634,825 25,884 0.02884% Alan Wilensky 03/31/98 $0 $266,073 $266,073 10,849 0.01209% Craig Gagnon 03/31/98 $0 $806,404 $806,404 32,880 0.03664% Seefried Properties, Inc. 06/04/98 $0 $61,250 $61,250 2,590 0.00289% Monique Brouillet Seefried 06/04/98 $0 $660,275 $660,275 27,916 0.03111% Robert S. Rakusin 06/04/98 $0 $319,725 $319,725 13,518 0.01506% Gerald L. Daws 06/04/98 $0 $147,000 $147,000 6,215 0.00693% Thomas Ellis 06/04/98 $0 $36,750 $36,750 1,554 0.00173% James E. Hayes as trustee of the James E. Hayes Living Trust under Agreement dated August 22, 1995 06/30/98 $0 $580,747 $580,747 23,801 0.02652% Lawrence J. Hayes 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% Alan Wilensky 12/31/98 $0 ($44,145) ($44,145) (1,800) -0.00201% Julie H. Wilensky 12/31/98 $0 $22,073 $22,073 900 0.00100% Constance J. Wilensky 12/31/98 $0 $22,073 $22,073 900 0.00100% Alan Wilensky 01/31/99 $0 ($44,145) ($44,145) (1,800) -0.00201% Julie H. Wilensky 01/31/99 $0 $22,073 $22,073 900 0.00100% Constance J. Wilensky 01/31/99 $0 $22,073 $22,073 900 0.00100% William H. Winstead III 02/09/99 $0 $2,376 $2,376 99 0.00011% Donald A. Manekin 02/09/99 $0 $4,056 $4,056 169 0.00019% Bernard Manekin 02/09/99 $0 $2,808 $2,808 117 0.00013% Harold Manekin 02/09/99 $0 $2,592 $2,592 108 0.00012% Vivian Manekin 02/09/99 $0 $144 $144 6 0.00001% Francine U. Manekin 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% Richard M. Alter 02/09/99 $0 $7,080 $7,080 295 0.00033% Robert Manekin 02/09/99 $0 $1,080 $1,080 45 0.00005% Richard P. Manekin 02/09/99 $0 $1,536 $1,536 64 0.00007% Charles H. Manekin 02/09/99 $0 $672 $672 28 0.00003% Louis C. LaPennaa 02/09/99 $0 $432 $432 18 0.00002% Sandye Manekin Sirota 02/09/99 $0 $912 $912 38 0.00004% Julie H. Wilensky 04/23/99 $0 ($44,145) ($44,145) (1,800) -0.00201% Constance J. Wilensky 04/23/99 $0 ($44,145) ($44,145) (1,800) -0.00201% William H. Winstead III 04/30/99 $0 $888,379 $888,379 37,016 0.04125% Donald A. Manekin 04/30/99 $0 $1,479,701 $1,479,701 61,654 0.06870% Bernard Manekin 04/30/99 $0 $1,046,686 $1,046,686 43,612 0.04860%
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AGREED VALUE OF COMMON CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST - ----------------------------------- --------------- --------------- -------------- --------------- --------------- --------------- Harold Manekin 04/30/99 $0 $966,601 $966,601 40,275 0.04488% Vivian Manekin 04/30/99 $0 $55,873 $55,873 2,328 0.00259% Francine U. Manekin 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% Richard M. Alter 04/30/99 $0 $2,777,815 $2,777,815 115,742 0.12897% Robert Manekin 04/30/99 $0 $569,904 $569,904 23,746 0.02646% Richard P. Manekin 04/30/99 $0 $569,904 $569,904 23,746 0.02646% Charles H. Manekin 04/30/99 $0 $246,772 $246,772 10,282 0.01146% Louis C. LaPenna 04/30/99 $0 $159,238 $159,238 6,635 0.00739% Sandye Manekin Sirota 04/30/99 $0 $343,618 $343,618 14,317 0.01595% Gamble 05/12/99 $0 ($10,125,213) ($10,125,213) (482,153) -0.53725% Campanelli 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% Gerald L. Daws 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% Lawrence J. Hayes 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% Mack Pogue 09/30/99 $0 $98,834 $98,834 4,199 0.00468% Edgar M. Thrift, Jr. 09/30/99 $0 $2,006,831 $2,006,831 85,261 0.09500% Preston Butcher 09/30/99 $0 $6,539,424 $6,539,424 277,830 0.30958% Gary J. Rossi 09/30/99 $0 $112,933 $112,933 4,798 0.00535% Stuart L. Leeder 09/30/99 $0 $46,698 $46,698 1,984 0.00221% Mack Pogue Inc. 09/30/99 $0 $5,073,438 $5,073,438 215,547 0.24018% Edward D. O'Brien 09/30/99 $0 $743,761 $743,761 31,599 0.03521% David Brent Pogue 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% Douglas D. Abbey 01/07/00 $0 $0 $0 312,071 0.34773% Luis A. Belmonte 01/07/00 $0 $0 $0 37,013 0.04124% T. Robert Burke 01/07/00 $0 $0 $0 235,506 0.26242% S. Davis Carniglia 01/07/00 $0 $0 $0 62,366 0.06949% John H. Diserens 01/07/00 $0 $0 $0 78,988 0.08801% Bruce H. Freedman 01/07/00 $0 $0 $0 25,868 0.02882% Jean C. Hurley 01/07/00 $0 $0 $0 32,206 0.03589% Barbara J. Linn 01/07/00 $0 $0 $0 56,028 0.06243% Hamid R. Moghadam 01/07/00 $0 $0 $0 388,126 0.43248% Craig A. Severance 01/07/00 $0 $0 $0 91,158 0.10157% W. Blake Baird 01/07/00 $0 $0 $0 25,569 0.02849% Steven J. Callaway 01/07/00 $0 $0 $0 5,114 0.00570% Steve E. Campbell 01/07/00 $0 $0 $0 3,409 0.00380% Michael A. Coke 01/07/00 $0 $0 $0 8,439 0.00940% Martin J. Coyne 01/07/00 $0 $0 $0 3,409 0.00380% David G. Doyno 01/07/00 $0 $0 $0 3,409 0.00380% David S. Fries 01/07/00 $0 $0 $0 15,257 0.01700% Kent D. Greenawalt 01/07/00 $0 $0 $0 5,114 0.00570% Jane L. Harris 01/07/00 $0 $0 $0 6,818 0.00760%
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AGREED VALUE OF COMMON CONTRIBUTION CASH CONTRIBUTED TOTAL PARTNERSHIP PERCENTAGE NAME OF PARTNER DATE CONTRIBUTIONS PROPERTY CONTRIBUTIONS UNITS INTEREST - ----------------------------------- --------------- --------------- -------------- --------------- --------------- --------------- Carlie P. Headapohl 01/07/00 $0 $0 $0 3,409 0.00380% Tyler W. Higgins 01/07/00 $0 $0 $0 6,818 0.00760% Steven T. Kimball 01/07/00 $0 $0 $0 3,409 0.00380% John T. Meyer 01/07/00 $0 $0 $0 5,114 0.00570% John T. Roberts, Jr. 01/07/00 $0 $0 $0 8,439 0.00940% John L. Rossi 01/07/00 $0 $0 $0 3,409 0.00380% Cynthia J. Sarver 01/07/00 $0 $0 $0 3,409 0.00380% Christine G. Schadlich 01/07/00 $0 $0 $0 6,733 0.00750% Andrew N. Singer 01/07/00 $0 $0 $0 5,114 0.00570% Gayle P. Starr 01/07/00 $0 $0 $0 5,114 0.00570% William Steinberg 01/07/00 $0 $0 $0 6,818 0.00760% K.C. Swartzel 01/07/00 $0 $0 $0 6,818 0.00760% Celia M. Tanaka 01/07/00 $0 $0 $0 3,409 0.00380% Janice G. Thacher 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