LEAF EQUIPMENT FINANCE FUND 4, L.P.
NOTICE OF CONSENT SOLICITATION DEADLINE
YOU HAVE 20 DAYS LEFT TO VOTE
To the Limited Partners of LEAF EQUIPMENT FINANCE FUND 4, L.P.:
We need your vote! The deadline for voting on the proposal to amend the limited partnership agreement is 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.
Please do not forget to vote before the deadline. 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
Frequently Asked Questions
| 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.