<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
- --------------------------------------------------------------------------------
January 31, 1999
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 January 31, 1999, 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 January 31, 1999, 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, and $120,000,000 aggregated principal amount of 7.625% senior
notes of the Company due 2017.
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: February 26, 1999
--
<PAGE> 3
EXHIBIT INDEX
-------------
EXHIBIT NO. DESCRIPTION
- ----------- -----------
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 current
report on Form 8-K dated October 20, 1995).
<PAGE> 1
EXHIBIT 4.1
--------------------------------------------------
PULTE CORPORATION
-------------------------
INDENTURE SUPPLEMENT
DATED AS OF JANUARY 31, 1999
-------------------------
THE BANK OF NEW YORK
TRUSTEE
--------------------------------------------------
SENIOR DEBT SECURITIES
<PAGE> 2
INDENTURE SUPPLEMENT dated as of January 31, 1999, 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 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 as amended by the Indenture Supplement
dated as of August 27, 1997 and the Indenture Supplement dated as of March 20,
1998 (the "Indenture") pursuant to which the Trustee acts as trustee for the
holders of the Company's 7% Senior Notes due December 20, 2003 and the Company's
8-3/8% Senior Notes due August 23, 2004. Capitalized terms used in this
Indenture Supplement and not otherwise defined shall have the meanings set forth
in the Indenture.
The parties hereto desire to add the following companies as guarantors
of the Guaranteed Obligations under the Indenture:
Abacoa Homes, Inc.;
DiVosta and Company, Inc.;
DiVosta Homes, Inc.;
Florida Building Products, Inc.;
Florida Club Homes, Inc.;
Hammock Reserve Development Company;
Island Walk Development Company;
PB Venture L.L.C.;
PN II, Inc.
PQL Realty Corporation;
Pulte - IN Corporation;
Pulte Payroll Corporation;
Pulte Real Estate Company;
Radnor Homes, Inc.;
RiverWalk of the Palm Beaches Development Company, Inc.;
2
<PAGE> 3
RN Acquisition 2 Corp.;
Sunco Building Corporation;
TVM Corporation;
Village Walk Development Company, Inc.; and
Wil Corporation
Section 901 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of adding guarantors of the
Guaranteed Obligations without the consent of any Holders.
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 any series
thereof, as follows:
1. The following companies are hereby added as guarantors of the
Guaranteed Obligations under the Indenture:
Abacoa Homes, Inc.;
DiVosta and Company, Inc.;
DiVosta Homes, Inc.;
Florida Building Products, Inc.;
Florida Club Homes, Inc.;
Hammock Reserve Development Company;
Island Walk Development Company;
PB Venture L.L.C.;
PN II, Inc.
PQL Realty Corporation;
Pulte - IN Corporation;
Pulte Payroll Corporation;
Pulte Real Estate Company;
Radnor Homes, Inc.;
RiverWalk of the Palm Beaches Development Company, Inc.;
RN Acquisition 2 Corp.;
Sunco Building Corporation;
3
<PAGE> 4
TVM Corporation;
Village Walk Development Company, Inc.; and
Wil Corporation
2. The Indenture, as supplemented by and together with this Indenture
Supplement, shall be read, taken and construed as one and the same instrument.
3. 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.
4. 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.
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/William Cardozo
-----------------------------------
Name: William Cardozo
Title: Agent
PULTE CORPORATION
By:/s/John R. Stoller
-----------------------------------
Name: John R. Stoller
Title: Senior Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
4
<PAGE> 5
ABACOA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
CANTERBURY LIQUIDATION CORPORATION
(f/k/a Canterbury Communities, Inc.)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
CANTERBURY DIVERSIFIED BUILDING
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
CEIBA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
5
<PAGE> 6
DEAN REALTY COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
DIVOSTA AND COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
DIVOSTA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
FLORIDA BUILDING PRODUCTS, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
6
<PAGE> 7
FLORIDA CLUB HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
GURABO HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
HAMMOCK RESERVE DEVELOPMENT
COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
ISLAND WALK DEVELOPMENT COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
7
<PAGE> 8
JAMES T. LYNCH, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PALMVILLE DEVELOPMENT CORP.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PB VENTURE L.L.C.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PBW CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PHC TITLE CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
8
<PAGE> 9
PHM REALTY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PHT TITLE CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PN II, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PQL REALTY CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
9
<PAGE> 10
PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE-IN CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE DEVELOPMENT CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
10
<PAGE> 11
PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
(f/k/a Fairmont Building Corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOME CORPORATION
OF NEW ENGLAND
(f/k/a Pulte Home Corporation of
Massachusetts)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOME CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
11
<PAGE> 12
PULTE HOMES OF MICHIGAN
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOMES OF
MINNESOTA CORPORATION
(f/k/a Marv Anderson Homes, Inc.)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOMES OF OHIO CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
12
<PAGE> 13
PULTE HOMES OF TEXAS, L.P.
By PNI, Inc.
Its General Partner
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE LAND DEVELOPMENT
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
PULTE PAYROLL CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
13
<PAGE> 14
PULTE REAL ESTATE COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
RADNOR HOLMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
RIVERWALK OF THE PALM BEACHES
DEVELOPMENT COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
RN ACQUISITION 2 CORP.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
SALINAS BUILDERS, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
14
<PAGE> 15
SALINAS HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
SEAN/CHRISTOPHER HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
SUNCO BUILDING CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
TVM CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
VILLAGE WALK DEVELOPMENT
COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
15
<PAGE> 16
WIL CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
---------------------------
Calvin R. Boyd
16
<PAGE> 1
EXHIBIT 4.2
-------------------------------------------------
PULTE CORPORATION
----------------------------
INDENTURE SUPPLEMENT
DATED AS OF JANUARY 31, 1999
----------------------------
THE FIRST NATIONAL BANK OF CHICAGO
TRUSTEE
-------------------------------------------------
SENIOR DEBT SECURITIES
<PAGE> 2
INDENTURE SUPPLEMENT dated as of January 31, 1999, 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 subsidiaries
of Pulte Home set forth on the signature pages hereto (Pulte Home and such
wholly-owned subsidiaries, all together the "Guarantors").
The Company, the Trustee and the Guarantors have entered into an
Indenture dated as of October 24, 1995, as amended by the Indenture Supplement
thereto dated as of August 27, 1998, and the Indenture Supplement dated as of
March 20, 1998, (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 and the
Company's 7.625% Senior Notes due October 15, 2017. Capitalized terms used in
this Indenture Supplement and not otherwise defined shall have the meanings set
forth in the Indenture.
The parties hereto desire to add the following companies as guarantors
of the Guaranteed Obligations under the Indenture:
Abacoa Homes, Inc.;
DiVosta and Company, Inc.;
DiVosta Homes, Inc.;
Florida Building Products, Inc.;
Florida Club Homes, Inc.;
Hammock Reserve Development Company;
Island Walk Development Company;
PB Venture L.L.C.;
PN II, Inc.
PQL Realty Corporation;
Pulte - IN Corporation;
Pulte Payroll Corporation;
Pulte Real Estate Company;
Radnor Homes, Inc.;
RiverWalk of the Palm Beaches Development Company, Inc.;
RN Acquisition 2 Corp.;
Sunco Building Corporation;
TVM Corporation;
Village Walk Development Company, Inc.; and
2
<PAGE> 3
Wil Corporation
Section 901 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of adding guarantors of the
Guaranteed Obligations without the consent of any Holders.
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 any series
thereof, as follows:
1. The following companies are hereby added as guarantors of the
Guaranteed Obligations under the Indenture:
Abacoa Homes, Inc.;
DiVosta and Company, Inc.;
DiVosta Homes, Inc.;
Florida Building Products, Inc.;
Florida Club Homes, Inc.;
Hammock Reserve Development Company;
Island Walk Development Company;
PB Venture L.L.C.;
PN II, Inc.
PQL Realty Corporation;
Pulte - IN Corporation;
Pulte Payroll Corporation;
Pulte Real Estate Company;
Radnor Homes, Inc.;
RiverWalk of the Palm Beaches Development Company, Inc.;
RN Acquisition 2 Corp.;
Sunco Building Corporation;
TVM Corporation;
Village Walk Development Company, Inc.; and
Wil Corporation
2. The Indenture, as supplemented by and together with this Indenture
Supplement, shall be read, taken and construed as one and the same instrument.
3
<PAGE> 4
3. 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.
4. 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.
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/John R. Prendiville
----------------------------------------
Name: John R. Prendiville
Title: Vice President
PULTE CORPORATION
By: /s/ John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Senior Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
ABACOA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
4
<PAGE> 5
CANTERBURY LIQUIDATION
CORPORATION
(f/k/a Canterbury Communities, Inc.)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
CANTERBURY DIVERSIFIED BUILDING
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
CEIBA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
DEAN REALTY COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
DIVOSTA AND COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
5
<PAGE> 6
DIVOSTA HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
FLORIDA BUILDING PRODUCTS, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
FLORIDA CLUB HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
GURABO HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
6
<PAGE> 7
HAMMOCK RESERVE DEVELOPMENT
COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
ISLAND WALK DEVELOPMENT COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
JAMES T. LYNCH, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PALMVILLE DEVELOPMENT CORP.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PB VENTURE L.L.C.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
7
<PAGE> 8
PBW CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PHC TITLE CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PHM REALTY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PHT TITLE CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PN II, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
8
<PAGE> 9
PQL REALTY CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
9
<PAGE> 10
PULTE-IN CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE DEVELOPMENT CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
(f/k/a Fairmont Building Corporation)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOME CORPORATION
OF NEW ENGLAND
(f/k/a Pulte Home Corporation of
Massachusetts)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
10
<PAGE> 11
PULTE HOME CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOMES OF MICHIGAN
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOMES OF
MINNESOTA CORPORATION
(f/k/a Marv Anderson Homes, Inc.)
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
11
<PAGE> 12
PULTE HOMES OF OHIO CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE HOMES OF TEXAS, L.P.
By PNI, Inc.
Its General Partner
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE LAND DEVELOPMENT
CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
12
<PAGE> 13
PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE PAYROLL CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
PULTE REAL ESTATE COMPANY
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
RADNOR HOLMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
RIVERWALK OF THE PALM BEACHES
DEVELOPMENT COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
13
<PAGE> 14
RN ACQUISITION 2 CORP.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
SALINAS BUILDERS, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
SALINAS HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
SEAN/CHRISTOPHER HOMES, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
SUNCO BUILDING CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
14
<PAGE> 15
TVM CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
VILLAGE WALK DEVELOPMENT
COMPANY, INC.
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
WIL CORPORATION
By: /s/John R. Stoller
----------------------------------------
Name: John R. Stoller
Title: Vice President
Attest: /s/Calvin R. Boyd
-----------------------
Calvin R. Boyd
15