Fund & Expense Limitations

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Fund & Expense Limitations

The undersigned consisting of the majority of the general and limited partners of _______________, a limited partnership agree:

That the general partners of _______________ shall maintain a reserve account with a minimum balance of $______(_______________& ___/100 dollars) from initial capital which shall be placed in a separate, interest bearing account.

That the general partners, once the partnership begins operations shall establish a reserve account, which shall be deposited in a separate, interest bearing account. All profits from operations shall be deposited in this account until it reaches the sum of $____(_________________&___/100 dollars).

The reserves shall accumulate and may only be invaded by the general partner upon the following occurrences:

________________________________________________________________

and may only be used for the following purposes:

________________________________________________________________

Dated: ____________________________

_______________ ________________

General Partner General Partner (if more than one; all must sign)

Limited Partners shall sign the attached Exhibit One or duplicate originals of the same.

Exhibit One: Names & Addresses of Limited Partners and their signatures

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

____________________ ______________________ ___________________

Limited Partner Signature Printed Name and Address Social Security Number

Note: Include as many more lines as there are Limited Partners.