Ridgecrest Realty & G8 Capital Equity Share Plan

Ridgecrest Realty

Sales Price $7,000,000 with Deed of Trust

No commissions to RR

Balloon at the end of 6 years

Payment of $100,000 per year for six years to go against the selling price Price. To be paid out quarterly

Equity Share

G8 and RR; 50/50 split net profit above the agreed selling price .

G8 'Carry Back' no equity split with RR including the 6 Deeds of Trust currently carried.

Expected Sales Price at a 8% to 6% cap rate $8,000,000 to $10,666,600 based on a net income of approximately $50k per month. Timeline 3-5 years.