Description of Our Leases The following table provides information regarding the leases in place for each property as of the date of this prospectus. IJ Leased lases by Property°. Acreage Term Renewal Rights Lease Type Permanent crops Kimberly Vineyard: 00 5 years later of 10/31/16 or one week Option to extend the after the last day of the 2016 lease term for an hater:M.120 additional five yearVb 175 5 years Expiration Later of 10/31/19 or one week after the last day of the 2019 harvesO4 Golden Eagle Ranch. 1.195 5 years The lint to occur of 11i30/19 or one week after the last day of the 2019 almond harvest. Quail Run Vineyard: 145 2 years 10/31/16 Option to extend the lease term for an additional five years(5) Option to extend the lease term for an additkmal five yeare" Option to extend the lease term for an additional live yearso) Timing of Rental Payment Flexible" (i) Fixed rent component due in four equal installments on February I. May 1. August I and December 1$ of each calendar year and (ii) Ilextile rent component due no later than Febmary I of each year. Flexible" (i) Fixed rent component due in four equal installments on March IS. June 15, September 15 and December 15 of each calendar year (lint payment due February I, 2015) and (ii) flexible rent ONIV0llellt due nn later than Fermat). I following the harvest for each crop year. Flexible') (0 Fixed rent component for certain structural improvements on the property due on a monthly basis, (ii) fixed lent component per tillable acre due in four equal installments on March I, June 1, September I and Desember I of each calendar year. and (iii) flexible rent component due in four installments on December 31. March 31. October 31 and July 31 of each calendar year. Fleaddr> (i) Fixed rent due in equal quarterly installments on March 15, June 15, September IS and December 15 of each year and (ii) crop share rent due no later than Feb