Revised Transaction Documents - In WordPerfect format

Attached, in WordPerfect format, are the following documents, marked against
the comparable documents from McGarret C:

Series Certificate (258191)
Series Supplement (258196)
Drawdown Request (258198)
Total Return Swap Confirmation (258201)
Put Option Agreement (258202)
Put Option Assignment (258215)
Notice of Put Option Assignment (258218)
Second Amended & Restated LLC Agreement of McGarret IV (258239)
Second Amended & Restated LLC Agreement of Big Island IV (258206)
Receipt of Trust (258270)
Independent Auctioneer Letter Agreement (258302)
Am. No. 1 to Sale & Auction Agreement (258307)
Direction Letter to Owner Trustee (260012)

Please call or e-mail if you have any questions.

Muriel C. McFarling
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
(214) 659-4461
(214) 659-4784 (fax)

Muriel C. McFarling
Andrews & Kurth L.L.P.
1717 Main Street, Suite 3700
Dallas, Texas 75201
(214) 659-4461
(214) 659-4784 (fax)

- 260012.wpd
- 258196.wpd
- 258198.wpd
- 258201.wpd
- 258202.wpd
- 258215.wpd
- 258218.wpd
- 258239.wpd
- 258260.wpd
- 258270.wpd
- 258302.wpd
- 258191.wpd