UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant x Filed by a Party other than the Registrant ¨
Check the appropriate box:
o | Preliminary Proxy Statement |
o | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
o | Definitive Proxy Statement |
x | Definitive Additional Materials |
| ¨ | Soliciting Material Under Rule 14a-12 |
LEAF EQUIPMENT FINANCE FUND 4, L.P.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ¨ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
| | 1) | Title of each class of securities to which transaction applies: |
| | 2) | Aggregate number of securities to which transaction applies: |
| | 3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
| | 4) | Proposed maximum aggregate value of transaction: |
| ¨ | Fee paid previously with preliminary materials. |
| ¨ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing. |
LEAF EQUIPMENT FINANCE FUND 4, L.P.
NOTICE OF CONSENT SOLICITATION EXTENSION
To the Limited Partners of LEAF EQUIPMENT FINANCE FUND 4, L.P.:
We need your vote! The General Partner of LEAF Equipment Finance Fund 4, L.P. has extended the deadline for voting on the proposal to amend the limited partnership agreement to October 3, 2011. The General Partner continues to recommend a vote FOR the proposal.
The General Partner has received numerous inquiries from limited partners and their representatives regarding the proposal. To assist you in deciding how to vote, below are four of the most common questions and the General Partner’s responses thereto.
| | 1. | If the proposal is accepted, will I have to contribute additional funds? |
No. No additional funds are required. The Partnership is not seeking any additional funds from any partner.
| | 2. | If the proposal is accepted, will that mean that current distributions will be cut? |
No. The proposal does not impact distribution policy. The General Partner expects that the current distribution level will be maintained for the foreseeable future.
| | 3. | What does this proposal do? |
The proposal amends the limited partnership agreement to allow the Partnership to use distributable cash left over after paying distributions to be used to invest in new equipment, equipment leases or loans in order to generate additional cash flow for the Partnership.
The partnership agreement prohibits distributable cash from being used to invest in new equipment, equipment leases or loans unless distributions have been paid cumulatively at the original rate of 8.5% per year. The Partnership is unable to make distributions at that level, so in order to invest in new assets, the proposal is necessary.
For your convenience a copy of your consent solicitation ballot has been included with this letter. Please return the completed ballot via mail or facsimile before the October 3, 2011 deadline so your vote can be counted. If you have any questions or need any assistance please contact our Investor Relations Department at IR@LEAF-Financial.com or 866.323.0241.
Sincerely,
LEAF Asset Management, LLC
General Partner
LEAF Equipment Finance Fund 4, L.P.
Consent Form
THIS CONSENT IS SOLICITED ON BEHALF OF THE GENERAL PARTNER OF LEAF EQUIPMENT FINANCE FUND 4, L.P. (THE “PARTNERSHIP”). WHEN PROPERLY EXECUTED, THIS CONSENT WILL BE VOTED AS DESIGNATED BY THE UNDERSIGNED. IN THE ABSENCE OF ANY DIRECTION, THIS CONSENT WILL BE VOTED IN FAVOR OF EACH OF THE PROPOSALS SET FORTH BELOW.
Proposal: To approve an amendment to the Partnership’s Amended and Restated Agreement of Limited Partnership to permit the Partnership to reinvest Distributable Cash into new equipment, equipment leases and loans.
| | o CONSENT/FOR | o WITHHOLD CONSENT/AGAINST |
The provisions of the Consent Solicitation Statement of the Partnership, which more fully set forth the terms of the Proposals, are incorporated herein by reference.
The undersigned represents that the undersigned owns __________ units of limited partner interest of the Partnership.
HOW TO VOTE YOUR UNITS
Vote Your Consent by Facsimile:
1-215-553-8492
Vote Your Consent by Mail: LEAF Financial Corporation
One Commerce Square, 15th Floor
Philadelphia, PA 19103
PLEASE DO NOT RETURN THIS CONSENT FORM BY MAIL IF YOU HAVE SENT IT VIA FACSIMILE
PLEASE SIGN EXACTLY AS YOUR NAME APPEARS BELOW. When units are held by joint tenants, both should sign. When signing as attorney, executor, administrator, trustee, guardian, corporate officer, etc., please give full title as such. If a corporation, please sign in full corporate name by the President or other authorized officer. If a partnership, please sign in partnership name by an authorized person.
| Limited Partner Name: | | | |
| | | | |
| Signature: | | | |
| | | | |
| Title (if applicable): | | | |
| | | | |
| Signature (if held jointly): | | | |
| | | | |
| Title (if applicable): | | | |
| | | | |
| Date: | | | , 2011 |
PLEASE COMPLETE, SIGN, DATE AND RETURN YOUR CONSENT FORM
PROMPTLY IN THE ENVELOPE PROVIDED
Ballot Number:___________
LEAF EQUIPMENT FINANCE FUND 4, L.P.
NOTICE OF CONSENT SOLICITATION EXTENSION
To the Limited Partners of LEAF EQUIPMENT FINANCE FUND 4, L.P.:
This letter is to inform you that the General Partner of LEAF Equipment Finance Fund 4, L.P. has extended the deadline for voting on the proposal to amend the limited partnership agreement to October 3, 2011. The General Partner continues to recommend a vote FOR the proposal.
The General Partner has received numerous inquiries from limited partners and their representatives regarding the proposal. Below are four of the most common questions and the General Partner’s response thereto.
| | 1. | If the proposal is accepted, will I have to contribute additional funds? |
No. No additional funds are required. The Partnership is not seeking any additional funds from any partner.
| | 2. | If the proposal is accepted, will that mean that current distributions will be cut? |
No. The proposal does not impact distribution policy. The General Partner expects that the current distribution level will be maintained for the foreseeable future.
| | 3. | What does this proposal do? |
The proposal amends the limited partnership agreement to allow the Partnership to use distributable cash left over after paying distributions to be used to invest in new equipment, equipment leases or loans in order to generate additional cash flow for the Partnership.
The partnership agreement prohibits distributable cash from being used to invest in new equipment, equipment leases or loans unless distributions had been paid cumulatively at the original rate of 8.5% per year. The Partnership is unable to make distributions at that level, so in order to invest in new assets, the proposal is necessary.
Our records indicate that you have already voted on the proposal described above; accordingly, no further action is required on your part. If you have any questions or need any assistance please contact our Investor Relations Department at IR@LEAF-Financial.com or 866.323.0241.
Sincerely,
LEAF Asset Management, LLC
General Partner
