<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
August 27, 1997
- --------------------------------------------------------------------------------
Date of Report (Date of earliest event reported)
PULTE CORPORATION
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Michigan 1-9804 38-2766606
- ----------------------------- ----------- -------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
33 Bloomfield Hills Pkwy., Suite 200, Bloomfield Hills, Michigan 48304
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (248) 647-2750
-----------------------------
Not Applicable
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE> 2
FORM 8-K
Item 5. Other Events.
On August 27, 1997, Pulte Corporation (the "Company") entered into an
indenture supplement with The Bank of New York as Successor Trustee to
NationsBank of Georgia, National Association, concerning $100,000,000
aggregated principal amount of 7% senior notes of the Company due 2003, and
$115,000,000 aggregated principal amount of 8-3/8% senior notes of the Company
due 2004.
On August 27, 1997, the Company entered into an indenture supplement
with The First National Bank of Chicago, a national banking association,
concerning $125,000,000 aggregated principal amount of 7.3% senior notes of the
Company due 2005.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
4.1 Indenture supplement (to indenture filed as Exhibit 4.1 to
registration statement on Form S-3 (33-71742)).
4.2 Indenture supplement (to indenture filed as Exhibit 1 to Form
8-K dated October 20, 1995).
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this Report to be signed on its
behalf by the undersigned hereunto duly authorized.
PULTE CORPORATION
By: /s/ JOHN R. STOLLER
------------------------------------
John R. Stoller
Vice President, General Counsel
and Secretary
Dated: August 27, 1997
<PAGE> 3
EXHIBITS INDEX
<TABLE>
<CAPTION>
EXHIBIT
NO. DESCRIPTION
- ----------- --------------------------------------------------------------
<S> <C>
4.1 Indenture supplement (to indenture filed as Exhibit 4.1 to
registration statement on Form S-3 (33-71742)).
4.2 Indenture supplement (to indenture filed as Exhibit 1 to
Form 8-K dated October 20, 1995).
</TABLE>
<PAGE> 1
EXHIBIT 4.1
-----------------------------------------------------------------------------
PULTE CORPORATION
------------------------
INDENTURE SUPPLEMENT
DATED AS OF AUGUST 27, 1997
------------------------
THE BANK OF NEW YORK
TRUSTEE
-----------------------------------------------------------------------------
SENIOR DEBT SECURITIES
<PAGE> 2
INDENTURE SUPPLEMENT dated as of August 27, 1997, among PULTE
CORPORATION, a Michigan corporation ("Company"), located at 33 Bloomfield Hills
Parkway, Suite 200, Bloomfield Hills, Michigan 48304, THE BANK OF NEW YORK, as
Successor Trustee to NationsBank of Georgia, National Association ("Trustee"),
PULTE HOME CORPORATION ("Pulte Home"), and the wholly-owned subsidiaries of
Pulte Home set forth on the signature pages hereto (Pulte Home and such
wholly-owned subsidiaries and, as applicable, any successor who replaces such
Guarantor pursuant to the applicable provisions of this Indenture Supplement
and, thereafter, such successor, all together the "Guarantors").
The Company, the Trustee and the Guarantors have entered into an
Indenture dated as of December 1, 1993 (the "Indenture") pursuant to which the
Trustee acts as trustee for the holders of the Company's 7% Senior Notes due
December 20, 2003 (the "December Notes") and the Company's 8-3/8% Senior Notes
due August 23, 2004 (the "August Notes"; and together with the December Notes,
the "Senior Notes"). Capitalized terms used in this Indenture Supplement and
not otherwise defined shall have the meanings set forth in the Indenture.
The Company and the Trustee desire to add certain Guarantors as
parties to the Indenture to guaranty the Guaranteed Obligations.
Section 901 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture without the consent of the Holders for the
purpose of adding guarantors of the Guaranteed Obligations to the Indenture.
Section 801 of the Indenture prohibits the Company, the Guarantors and
any Restricted Subsidiaries from consolidating or merging into, or selling,
assigning, conveying, transferring or leasing or otherwise disposing of all or
substantially all of its assets to, any Person unless such Person is a
corporation organized and existing under the laws of the United States of
America or any State thereof or the District of Columbia.
The parties hereto believe that the provisions of Section 801 are too
restrictive and that the Company, the Guarantors and any Restricted
Subsidiaries should be permitted to engage in the above described transactions
with Persons that are limited liability companies, limited liability
partnerships or other similar entities organized and existing under the laws of
the United States of America or any State thereof or the District of Columbia.
Section 902 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of amending the terms of
the Indenture with the consent of the Holders of not less than a majority in
the principal amount of all Outstanding Securities affected by such
supplemental indenture.
Pursuant to a solicitation of Bondholder consents dated September 27,
1996, consents from Holders of Outstanding Securities sufficient to approve
this Supplemental Indenture have been received, and the other requirements for
execution of this Supplemental Indenture have been satisfied.
<PAGE> 3
NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the premises and the mutual covenants and
agreements contained herein, it is mutually covenanted and agreed, for the
equal and proportionate benefit of all Holders of the Securities or of series
thereof, as follows:
1. The Guarantors who are signatories to this Indenture
Supplement and who were not signatories to the Indenture are hereby added as
Guarantors to the Indenture as if such Guarantors had signed as parties to such
Indenture.
2. Section 801(l) of the Indenture is hereby deleted in its
entirety and replaced with the following:
(1) the Person is a corporation, limited
liability company, limited partnership or similar
entity organized and existing under the laws of the
United States of America or any State thereof or the
District of Columbia;
3. As supplemented by this Indenture Supplement, the Indenture as
so supplemented by this Indenture Supplement shall be read, taken and construed
as one and the same instrument.
4. This Indenture Supplement may be executed in any number of
counterparts, each of which so executed shall be deemed an original, but all of
such counterparts shall together constitute but one and the same instrument.
5. This Indenture Supplement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to the
principles of conflicts of laws.
-2-
<PAGE> 4
IN WITNESS WHEREOF, the parties hereto have caused this Indenture
Supplement to be duly executed as of the day and year first above written.
THE BANK OF NEW YORK,
as Trustee
By: /s/ Sandra Carreker
---------------------------------------
Name: Sandra Carreker
Title: Agent
PULTE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
BUILDERS' SUPPLY AND LUMBER CO., INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CAMBRIDGE SOFTWARE, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CANTERBURY COMMUNITIES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-3-
<PAGE> 5
CANTERBURY DIVERSIFIED BUILDING
CORP.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CEIBA HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CHARLOTTE CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
DEAN REALTY COMPANY
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
GREENSBORO CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-4-
<PAGE> 6
GULF PARTNERS, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
GURABO HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
JAMES T. LYNCH, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PALMVILLE DEVELOPMENT CORP.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PHC TITLE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PHT TITLE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-5-
<PAGE> 7
PBW CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PHM REALTY, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-6-
<PAGE> 8
PULTE DEVELOPMENT CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CARRIBEAN CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION
OF MASSACHUSETTS
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-7-
<PAGE> 9
PULTE HOME CORPORATION OF TEXAS
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF MICHIGAN CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF MINNESOTA CORPORATION
(f/k/a Marv Anderson Homes, Inc.)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF OHIO CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-8-
<PAGE> 10
PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE LAND DEVELOPMENT CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE PAYROLL CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
RALEIGH CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-9-
<PAGE> 11
SALINAS BUILDERS, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SALINAS HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SEAN/CHRISTOPHER HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SPRINGFIELD GOLF CLUB, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
WIL CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-10-
<PAGE> 1
EXHIBIT 4.2
-----------------------------------------------------------------------------
PULTE CORPORATION
----------------------
INDENTURE SUPPLEMENT
DATED AS OF AUGUST 27, 1997
----------------------
THE FIRST NATIONAL BANK OF CHICAGO
TRUSTEE
-----------------------------------------------------------------------------
SENIOR DEBT SECURITIES
<PAGE> 2
INDENTURE SUPPLEMENT dated as of August 27, 1997, among PULTE
CORPORATION, a Michigan corporation ("Company"), located at 33 Bloomfield Hills
Parkway, Suite 200, Bloomfield Hills, Michigan 48304, THE FIRST NATIONAL BANK
OF CHICAGO ("Trustee"), PULTE HOME CORPORATION ("Pulte Home"), and the
wholly-owned subsidiaries of Pulte Home set forth on the signature pages hereto
(Pulte Home and such wholly-owned subsidiaries and, as applicable, any
successor who replaces such Guarantor pursuant to the applicable provisions of
this Indenture Supplement and, thereafter, such successor, all together the
"Guarantors").
The Company, the Trustee and the Guarantors have entered into an
Indenture dated as of October 24, 1995 (the "Indenture") pursuant to which the
Trustee acts as trustee for the holders of the Company's 7.3% Senior Notes due
October 24, 2005 (the "Senior Notes"). Capitalized terms used in this
Indenture Supplement and not otherwise defined shall have the meanings set
forth in the Indenture.
The Company and the Trustee desire to add certain Guarantors as
parties to the Indenture to guaranty the Guaranteed Obligations.
Section 901 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture without the consent of the Holders for the
purpose of adding guarantors of the Guaranteed Obligations to the Indenture.
Section 801 of the Indenture prohibits the Company, the Guarantors and
any Restricted Subsidiaries from consolidating or merging into, or selling,
assigning, conveying, transferring or leasing or otherwise disposing of all or
substantially all of its assets to, any Person unless such Person is a
corporation organized and existing under the laws of the United States of
America or any State thereof or the District of Columbia.
The parties hereto believe that the provisions of Section 801 are too
restrictive and that the Company, the Guarantors and any Restricted
Subsidiaries should be permitted to engage in the above described transactions
with Persons that are limited liability companies, limited liability
partnerships or other similar entities organized and existing under the laws of
the United States of America or any State thereof or the District of Columbia.
Section 902 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of amending the terms of
the Indenture with the consent of the Holders of not less than a majority in
the principal amount of all Outstanding Securities affected by such
supplemental indenture.
Pursuant to a solicitation of Bondholder consents dated October 1,
1996, consents from Holders of Outstanding Securities sufficient to approve
this Supplemental Indenture have been received, and the other requirements for
execution of this Supplemental Indenture have been satisfied.
<PAGE> 3
NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the premises and the mutual covenants and
agreements contained herein, it is mutually covenanted and agreed, for the
equal and proportionate benefit of all Holders of the Securities or of series
thereof, as follows:
1. The Guarantors who are signatories to this Indenture
Supplement and who were not signatories to the Indenture are hereby added as
Guarantors to the Indenture as if such Guarantors had signed as parties to such
Indenture.
2. Section 801(l) of the Indenture is hereby deleted in its
entirety and replaced with the following:
(1) the Person is a corporation, limited
liability company, limited partnership or similar
entity organized and existing under the laws of the
United States of America or any State thereof or the
District of Columbia;
3. As supplemented by this Indenture Supplement, the Indenture as
so supplemented by this Indenture Supplement shall be read, taken and construed
as one and the same instrument.
4. This Indenture Supplement may be executed in any number of
counterparts, each of which so executed shall be deemed an original, but all of
such counterparts shall together constitute but one and the same instrument.
5. This Indenture Supplement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to the
principles of conflicts of laws.
-2-
<PAGE> 4
IN WITNESS WHEREOF, the parties hereto have caused this Indenture
Supplement to be duly executed as of the day and year first above written.
THE FIRST NATIONAL BANK OF CHICAGO,
as Trustee
By: /s/ T. Marshall
---------------------------------------
Name: T. Marshall
Title: Trust Officer
PULTE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
BUILDERS' SUPPLY AND LUMBER CO., INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CAMBRIDGE SOFTWARE, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CANTERBURY COMMUNITIES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-3-
<PAGE> 5
CANTERBURY DIVERSIFIED BUILDING
CORP.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CEIBA HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
CHARLOTTE CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
DEAN REALTY COMPANY
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-4-
<PAGE> 6
GREENSBORO CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
GULF PARTNERS, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
GURABO HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
JAMES T. LYNCH, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PALMVILLE DEVELOPMENT CORP.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-5-
<PAGE> 7
PHC TITLE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PHT TITLE CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PBW CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PHM REALTY, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-6-
<PAGE> 8
PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE DEVELOPMENT CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CARRIBEAN CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-7-
<PAGE> 9
PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION
OF MASSACHUSETTS
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOME CORPORATION OF TEXAS
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-8-
<PAGE> 10
PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF MICHIGAN CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF MINNESOTA CORPORATION
(f/k/a Marv Anderson Homes, Inc.)
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF OHIO CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-9-
<PAGE> 11
PULTE LAND DEVELOPMENT CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
PULTE PAYROLL CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
RALEIGH CLASSIC HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SALINAS BUILDERS, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-10-
<PAGE> 12
SALINAS HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SEAN/CHRISTOPHER HOMES, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
SPRINGFIELD GOLF CLUB, INC.
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
WIL CORPORATION
By: /s/ James Weissenborn
---------------------------------------
Name: James Weissenborn
Title: Vice-President
Attest: /s/ David Breach
-----------------
-11-