This is the ballot to terminate with DBSI and to have the rents sent to our (temporary) asset manager who will send the money to us directly. As you know DBSI is going bankrupt within days so time is of the essence. We need at least a 51% vote. Please scan & email or fax the completed signed ballot directly to TIC Capital.
VOTING BALLOT
November 6, 2008
Property Name ______________________________
Owner's Name ______________________________
Street Address ______________________________
City, State, zip code ____________________________
Dear TIC owner,
In accordance with obtaining the Tenants in Common owner approvals required to provide for the orderly administration of the property; whereas a minimum of 51% of all owners is required to proceed with the execution of the business plan for the property; the Tenants in Common desire to terminate the NNN Plus Lease Agreement (the "Master Lease"), I/we vote:
YES_____________
The Tenants in Common desire to enter into the property Management Agreement with TICC Property Management, LLC for the management of the property, cancelable with thirty (30) day written notice, I/we vote:
YES_____________
The Tenants in Common desire to enter into the Asset Management Agreement with TICC Property Management, LLC to delegate authority and responsibility for the operation and management of the property, cancelable with thirty (30) day written notice, I/we vote:
YES_____________
X_____________________________
Signature of Authorized signer for TIC owner
______________________________
Printed Name
An original ballot is not needed. Please return this voting ballot to:
Email: mthomas@ticcapital.com
Fax: 208-938-9504
Mail: TICC Property Management, LLC
1191 E. Iron Eagle Drive, Suite 200
Eagle, ID 83616
Time is of the essence, therefore we respectfully request all investor voting ballots be returned no later than November 7, 2008.
Please feel free to contact us immediately should you have any questions, comments, or if we may be of further assistance. We appreciate your timely consideration of this very important matter.
Sincerely,
Michael L. Thomas
Managing Member
TICC Property Management, LLC
208-336-1000, extension 1
mthomas@ticcapital.com
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