Page 1 of 15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
SILVERLEAF RESORTS, INC.
- -----------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- -----------------------------------------------------------------------------
(Title of Class of Securities)
828395 10 3
--------------------
(CUSIP Number)
December 31, 1999
- -----------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 2 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Geoffrey Nixon
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(See Instructions)
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 780
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 780
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
780
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
IN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 3 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mission Partners, L.P. (EIN# 33-0569956)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 267,550
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 267,550
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
267,550
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.1% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 4 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
Liberty Nominees Limited (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 76,000
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 76,000
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,000
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 5 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Horizon Offshore, Ltd. (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions)
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 54,700
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 54,700
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
54,700
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.42% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (Se Instructions)
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 6 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
U.S. Equity Investment L.P. (EIN# 65-0153975)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions)
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 29,700
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 29,700
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
29,700
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.23% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 7 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mayfair Capital Fund, L.P. (EIN# 13-4024777)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 342,450
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 342,450
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
342,450
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.7% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 8 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
MCM Associates, Ltd. (EIN# 33-0562278)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 10,000
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 10,000
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
CO
_____________________________________________________________________________
<PAGE>
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 9 of 15
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
MCM Profit Sharing Plan - DLJSC - Custodian FBO Geoffrey Nixon TTE
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 7,500
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 7,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1% (based on 12,889,417 shares outstanding at November 12, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
EP
_____________________________________________________________________________
<PAGE>
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 10 of 15
Item 1. Name of Issuer and Address
--------------------------
(a) The name of the issuer is Silverleaf Resorts, Inc., a Texas
corporation ("Issuer").
(b) The principal executive offices of Issuer are located at 1221
River Bend Drive, Suite 120, Dallas, Texas 75247.
Item 2. Identity, Address, Citizenship, Title of Class of Securities and
----------------------------------------------------------------
Items 2(a), (b), (c)
- --------------------
This statement on Schedule 13G ("Statement") is filed by Geoffrey
Nixon ("Nixon"), Mission Partners, L.P. ("Mission"), Liberty Nominees Limited
("Liberty"), Horizon Offshore, Ltd. ("Horizon"), U.S. Equity Investment, L.P.
("Equity"), Mayfair Capital Fund, L.P. ("Mayfair"), MCM Associates, Ltd.
("MCM") and MCM Profit Sharing Plan-DLJSC- FBO Geoffrey Nixon TTEE ("PSP")
(collectively the "Group"; each member of the Group being hereinafter
referred to individually as a "Member" and collectively as "Members").
Nixon's and PSP's principal business address is 11 West 42nd Street, 19th
Floor, New York NY 10036. Nixon is a citizen of the Country of New Zealand.
PSP is a New York profit sharing plan for the benefit of Nixon. Nixon is the
sole Trustee and Beneficiary of PSP. Mission's principal business address is
11 West 42nd Street, 19th Floor, New York, NY 10036. Mission is a Delaware
limited partnership. MCM a Delaware corporation, is the sole general partner
of Mission and, as such, MCM has full voting and dispositive power with
respect to all of the securities owned by Mission. Nixon is the sole
officer, director and shareholder of MCM. Liberty's principal business
address is at P.O. Box 10-246, Wellington, New Zealand. Liberty is a private
New Zealand company. Liberty has established an account over which MCM has
sole investment discretion. It is the account over which MCM has sole
investment discretion that has purchased the shares of Issuer Common Stock
(as defined below). Horizon's principal business address is at c/o
International Management Services, Limited, Harbour Centre, North Church
Street, P.O. Box 616, George Town, Grand Cayman, Cayman Islands, B.W.I.
Horizon is a private Cayman Islands investment corporation. MCM is the sole
investment manager of Horizon and MCM has full voting and dispositive power
with respect to all of the securities owned by Horizon. Mayfair's principal
business address is 11 West 42nd Street, 19th Floor, New York, NY 10036.
Mayfair is a Delaware limited partnership. MCM Capital Management, LLC, a
Delaware limited liability company (the "LLC"), is the sole general partner
of Mayfair and, as such, LLC has full voting and dispositive power with
respect to all of the securities owned by Mayfair. Nixon is the sole manager
and principal member of LLC. The other member of the LLC is Nixon's wife.
Equity is a Delaware limited liability company. Equity's principal address
is 1001 North Highway 1, Suite #800, Jupiter, Florida 33477. Equity has
established an account over which MCM has sole investment discretion. It is
this account over which MCM has purchased the shares of UE Common Stock.
Item 2(d), (e)
This Statement relates to the Common Stock, $.01 per value per share (the
"Issuer Common Stock") of Issuer. The CUSIP number for the Issuer Common
Stock is 828395 10 3.
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 11 of 15
Not Applicable
Item 4. Ownership
---------
Item 4(a), (b)
- --------------
Nixon owns 780 shares of Issuer Common Stock, representing 0.01% of
Issuer's issued and outstanding shares (based on 12,889,417 shares
outstanding at November 12, 1999). Mission owns 267,550 shares of Issuer
Common Stock, representing 2.08% of Issuer's issued and outstanding shares
(based on 12,889,417 shares outstanding at November 12, 1999). Liberty owns
76,000 shares of Issuer Common Stock, representing 0.59% of Issuer's issued
and outstanding shares (based on 12,889,417 shares outstanding at November
12, 1999). Horizon owns 54,700 shares of Issuer Common Stock, representing
0.342% of Issuer's issued and outstanding shares (based on 12,889,417 shares
outstanding at November 12, 1999). Equity owns 29,700 shares of Issuer Common
Stock representing 0.23% of Issuer's issued and outstanding shares (based on
12,889,417 shares outstanding at November 12, 1999). Mayfair owns 295,550
shares of Issuer Common Stock representing 2.29% of Issuer's issued and
outstanding shares (based on 12,889,417 shares outstanding at November 12,
1999). MCM owns 10,000 shares of Issuer Common Stock representing 0.08% of
Issuer's issued and outstanding shares (based on 12,889,417 shares
outstandinat November 12, 1999). PSP owns 7,500 shares of Issuer Common
Stock representing 0.06% of Isuer issued outstanding shares (based on
12,889,417 shares outstanding at November 12, 1999). The Group, in the
aggregate, owns 788,680 shares of Issuer Common Stock representing 6.12% of
Issuer issued and outstanding shares (based on 12,889,417 shares outstanding
at November 12, 1999).
Item 4(c)
- ---------
Each Member is the sole beneficial owner of the securities
identified in subsection (a) above, except that Nixon owns the 780 shares of
Issuer Common Stock jointly with his wife. MCM, as the sole general partner
of Mission, has sole voting and dispositive power over the Issuer Common
Stock owned by Mission. MCM, as the sole investment manager of an account
established by Liberty and Equity, has sole voting and dispositive power over
the shares of Issuer Common Stock owned by Liberty. MCM, as the sole
investment manager of Horizion, has sole voting and dispositive power over
the shares of Issuer Common Stock owned by Horizon. LLC, as the sole general
partner of Mayfair, has sole voting and dispositive power over the Issuer
Common Stock owned by Mayfair. Nixon, as the sole Trustee of PSP and sole
officer, director and shareholder of MCM, has the sole voting and dispositive
power over the Issuer Common Stock owned by PSP and MCM.
Item 5. Ownership of Five Percent or Less of a Class
--------------------------------------------
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person
--------------------------------------------------------
Not Applicable
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 12 of 15
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
--------------------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the Group
---------------------------------------------------------
Not Applicable
Item 9. Notice of Dissolution of Group
------------------------------
Not Applicable
Item 10. Certification
-------------
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 13 of 15
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: January 14, 2000
/s/ Geoffrey Nixon
-----------------------------------
GEOFFREY NIXON
MISSION PARTNERS, L.P.
By: MCM Associates, Ltd., General
Partner
By: /s/ Geoffrey Nixon
--------------------------------
Geoffrey Nixon, President
LIBERTY NOMINEES LIMITED
By: MCM Associates, Ltd., Investment
Manager
By:/s/ Geoffrey Nixon
---------------------------------
Geoffrey Nixon, President
HORIZON OFFSHORE, LTD.
By:/s/ Geoffrey Nixon
----------------------------------
Geoffrey Nixon, Director
MCM ASSOCIATES, LTD.
By:/s/ Geoffrey Nixon
----------------------------------
Geoffrey Nixon, President
MAYFAIR CAPITAL FUND, L.P.
By: MCM Capital Management, LLC,
General Partner
By: /s/ Geoffrey Nixon
---------------------------------
Geoffrey Nixon, Manager
MCM PROFIT SHARING PLAN DLJSC-
ASSOCIATION FBO Geoffrey Nixon
By:/s/ Geoffrey Nixon
----------------------------------
Geoffrey Nixon, President
U.S. EQUITY INVESTMENTS, L.P.
By: MCM Associates, Ltd., Investment
Manager
SCHEDULE 13G
CUSIP NO. 828395 10 3 Page 14 OF 15
By:/s/ Geoffrey Nixon
---------------------------------
Geoffrey Nixon, President
JOINT FILING AGREEMENT
JOINT FILING AGREEMENT made as of this 14th day of January, 2000, by and
among GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES LIMITED,
HORIZON OFFSHORE, LTD., U.S. EQUITY INVESTMENT L.P., MAYFAIR CAPITAL FUND,
L.P. and MCM PROFIT SHARING PLAN-DLJSC - CUSTODIAN FBO GEOFFREY NIXON TTE and
MCM ASSOCIATES, LTD.
W I T N E S S E T H :
WHEREAS, GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES
LIMITED, HORIZON OFFSHORE, LTD., U.S. EQUITY INVESTMENT L.P., MAYFAIR CAPITAL
FUND, L.P. and MCM PROFIT SHARING PLAN-DLJSC - CUSTODIAN FBO GEOFFREY NIXON
TTE and MCM ASSOCIATES, LTD. collectively beneficially own more than five
(5%) percent of the issued and outstanding common stock, $.01 par value, of
Silverleaf Resorts, Inc. ("Issuer Common Stock"), a Texas corporation; and
WHEREAS, the parties desire to jointly file a Schedule 13G with the SEC,
NOW, THEREFORE, the parties agree as follows:
1. GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES LIMITED,
HORIZON OFFSHORE, LTD., U.S. EQUITY INVESTMENT, L.P., MAYFAIR CAPITAL FUND,
L.P. and MCM PROFIT SHARING PLAN-DLJSC - CUSTODIAN FBO GEOFFREY NIXON TTE and
MCM ASSOCIATES, LTD. hereby agree to jointly file a Schedule 13G with the
SEC regarding the beneficial ownership of Issuer Common Stock and to file any
and all amendments and supplements thereto.
2. This Agreement contains the entire agreement among the parties
concerning the subject matter hereof and may not be amended, modified or
changed except pursuant to a written instrument signed by all parties.
IN WITNESS WHEREOF, the parties have signed this Agreement the day and
year first above written.
HORIZON OFFSHORE, LTD.
/s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
- ------------------------- -------------------------------
GEOFFREY NIXON Geoffrey Nixon, Director
MISSION PARTNERS, L.P. MCM ASSOCIATES, LTD.
By: MCM Associates, Ltd., Manager
General Partner
By:/s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
----------------------- -------------------------------------
Geoffrey Nixon, President Geoffrey Nixon, President
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 15 of 15
LIBERTY NOMINEES LIMITED MAYFAIR CAPITAL FUND, L.P.
By: MCM Associates, Ltd., By: MCM Capital Management, LLC,
Investment Manager General Partner
By: /s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
----------------------- ------------------------------------
Geoffrey Nixon,President Geoffrey Nixon, Manager
U.S. EQUITY INVESTMENT L.P. MCM PROFIT SHARING PLAN - DLJSC -
By: MCM Associates, Ltd., Custodian FBO Geoffrey Nixon
Investment Manager
By: /s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
------------------------- -------------------------------------
Geoffrey Nixon, President Geoffrey Nixon, Trustee
