Andantech L.L.C., Wells Fargo Equipment Finance, Inc. (f.k.a. Norwest Equipment Finance, Inc.), Tax Matters Partner, and Wells Fargo & Co., A Partner Other Than the Tax Matters Partner, et al. - Page 59




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          proceeds for the rent sale ($87,805,802) to Comdisco in payment of            
          Andantech’s obligations to Comdisco under the term note.                      
          NationsBank did so, and Comdisco canceled the term note.                      
          VI. Mr. de la Barre d’Erquelinnes’s and Mr. Parmentier’s                      
          Withdrawal From Andantech                                                     
               A.   Mr. de la Barre d’Erquelinnes’s and Mr. Parmentier’s                
               Withdrawal of Capital Contributed to Andantech                           
               On November 30, 1993, Mr. Parmentier and Mr. de la Barre                 
          d’Erquelinnes withdrew (in the aggregate) $189,882.89 from the                
          capital of Andantech.                                                         
               B.   Transfer of Mr. de la Barre d’Erquelinnes’s Membership              
               Interest in Andantech to EICI (Appendix E)                               
               Equipment Investors Co., Inc. (EICI), was organized on                   
          December 6, 1993, and at all relevant times thereafter validly                
          existed as a corporation, under the laws of Delaware.  Initially,             
          Mr. de la Barre d’Erquelinnes was EICI’s sole shareholder; Mr.                
          Parmentier was EICI’s sole director.                                          
               Pursuant to an Assignment and Assumption of Membership                   
          Interest of Andantech L.L.C., dated December 9, 1993, Mr. de la               
          Barre d’Erquelinnes transferred his 2-percent membership interest             
          in Andantech to EICI.  Mr. de la Barre d’Erquelinnes thereafter               
          withdrew as a member of Andantech, and EICI was admitted.                     
               On December 28, 1993, Mr. de la Barre d’Erquelinnes                      
          transferred his EICI stock to a charitable support trust (the                 
          Trust); thereafter, the Trust was at all relevant times the sole              
          shareholder of EICI.  The Trust was established in 1988 by                    






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